GOVI
ActiveGOVI has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €394k and a net result of €87k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 18941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-4
Solvency75▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 2.41 in 2023; short-term debt: 46.8% and cash: 13.5% of total assets), and 50.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
306 d late
2022
80 d late
2021
89 d late
2020
116 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€394k▼ 16.4%
2023 · €471k
2018: €259k
2019: €273k
2020: €225k
2021: €301k
2022: €373k
2023: €471k
2018 → 2024
Total assets
€790k▲ 8.4%
2023 · €729k
2018: €535k
2019: €496k
2020: €467k
2021: €524k
2022: €757k
2023: €729k
2018 → 2024
Net result
€87k▼ 11.6%
2023 · €98k
2018: €31k
2019: €14k
2020: €-48k
2021: €77k
2022: €74k
2023: €98k
2018 → 2024
Working capital
€172k▼ 44.4%
2023 · €309k
2018: €32k
2019: €72k
2020: €26k
2021: €137k
2022: €191k
2023: €309k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€225k-€301k▲ 33.6%€373k▲ 24.0%€471k▲ 26.3%€394k▼ 16.4%
Operating result€-44k-€83k€98k▲ 18.3%€149k▲ 51.6%€127k▼ 14.9%
Net result€-48k-€77k€74k▼ 4.4%€98k▲ 32.8%€87k▼ 11.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €790k
Fixed assets
€248k▲ 23.9%
Current assets
€542k▲ 2.5%
Equity and liabilities €790k
Equity
€394k▼ 16.4%
Debt
€396k▲ 53.5%
The debt ratio rises from 35.4% to 50.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€167k▼
2023 · €200k
Cash flow
€127k▼
2023 · €149k
Solvency
49.9%▼
2023 · 64.6%
Current ratio
1.47▼
2023 · 2.41
Quick ratio
1.46▼
2023 · 2.40
Debt / equity
1.01▲
2023 · 0.55
ROE
22.0%▲
2023 · 20.8%
ROA
11.0%▼
2023 · 13.4%
Interest coverage
24.51▼
2023 · 48.09
Debt
€396k▲
2023 · €258k
Debt ≤ 1 year
€370k▲
2023 · €219k
Debt > 1 year
€23k▼
2023 · €39k
Income taxes
€42k▼
2023 · €49k
Staff costs
€251k▲
2023 · €182k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€729k€790k▲
Fixed assets21/28€200k€248k▲
Tangible fixed assets22/27€200k€248k▲
Land and buildings22€35k€23k▼
Plant, machinery and equipment23€20k€29k▲
Furniture and vehicles24€55k€116k▲
Other tangible fixed assets26€90k€80k▼
Financial fixed assets28€378€378=
Current assets29/58€529k€542k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€48k€14k▼
Trade receivables40€20k€14k▼
Other amounts receivable41€28k€0▼
Current investments50/53€245k€414k▲
Cash at bank and in hand54/58€232k€107k▼
Deferred charges and accrued income490/1€669€5k▲
Equity and liabilities
Total equity and liabilities10/49€729k€790k▲
Equity10/15€471k€394k▼
Contributions10/11€190k€28k▼
Reserves13€282k€366k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€31k€31k=
Distributable reserves133€251k€336k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€258k€396k▲
Amounts payable after more than one year17€39k€23k▼
Financial debts170/4€39k€23k▼
Amounts payable within one year42/48€219k€370k▲
Current portion of amounts payable after more than one year42€27k€35k▲
Trade debts44€26k€20k▼
Suppliers440/4€26k€20k▼
Advances received on contracts in progress46€79k€79k▲
Taxes, remuneration and social security45€87k€117k▲
Taxes450/3€66k€90k▲
Remuneration and social security454/9€21k€27k▲
Other amounts payable47/48€0€118k▲
Accrued charges and deferred income492/3€135€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€182k€251k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€40k▼
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A€2k€13k▲
Gross operating margin9900€388k€435k▲
Operating profit (loss)9901€149k€127k▼
Financial income75/76B€2k€9k▲
Recurring financial income75€2k€9k▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€147k€129k▼
Income taxes67/77€49k€42k▼
Profit (loss) for the period9904€98k€87k▼
Profit (loss) for the period to be appropriated9905€98k€87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€87k▼
Transfer to equity691/2€98k€85k▼
To other reserves6921€98k€85k▼
Profit to be distributed694/7€0€2k▲
Return on contributions (dividend)694€0€2k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 306 days late
2023
31-12
Financial
Highest result since 2018net €98k ▲32.8%
Operating result €149k, net result €98k, both a record.
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 80 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
31-12
Financial
Back to profitnet €77k
Net result €77k after one loss-making year.
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
2020
31-12
Financial
Weakest financial yearnet €-48k ▼446%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Laarne · 2 establishment units since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eekhoekstraat 79270 LaarneGround area
3,041 m²
Building footprint
742 m²
Volume, LiDAR
4,379 m³
2 parcels, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
RESTAURANT KASTEEL VAN LAARNE
since 20022.025.439.479
MOMENTS
since 20132.224.573.551
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010C0888/00A000 | Flanders | 1,813 m² | 1 · 514 m² | 13.7 m · 2 fl. |
| 42009E0289/00C000 | Flanders | 1,227 m² | 1 · 228 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteLaarne2.025.439.479
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RESTOLUX
BE 0463.815.891
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ALKSSA
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POORTGEBOUW
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Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 6,941 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-1984
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.