Immo GoDo
ActiveSummary
Immo GoDo has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €855,391 and a net result of €36,948. Equity is growing by ~5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-3
Solvency74▼-26
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 2.59 against 4.69 in 2023; short-term debt: 6.4% and cash: 11.6% of total assets), but 51.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
10 d early
2023
42 d early
2022
5 d early
2021
4 d early
2020
1 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€855,391▲ 4.5%
2023 · €818,443
Total assets
€1.8m▲ 86.7%
2023 · €943,784
Net result
€36,948▼ 10.0%
2023 · €41,039
Working capital
€179,385▼ 36.1%
2023 · €280,870
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€51,706▼ 5.4%€47,738▼ 7.7%€55,154▲ 15.5%€58,625▲ 6.3%€31,278▼ 46.6%
Net result€34,583within the sector's middle half▲ 2.0%€31,414within the sector's middle half▼ 9.2%€38,931within the sector's middle half▲ 23.9%€41,039within the sector's middle half▲ 5.4%€36,948above the sector's middle half▼ 10.0%
Equity€707,059within the sector's middle half▲ 5.1%€738,473within the sector's middle half▲ 4.4%€777,405within the sector's middle half▲ 5.3%€818,443within the sector's middle half▲ 5.3%€855,391above the sector's middle half▲ 4.5%
Total assets€1.0mwithin the sector's middle half▼ 2.6%€966,167within the sector's middle half▼ 5.2%€956,592within the sector's middle half▼ 1.0%€943,784within the sector's middle half▼ 1.3%€1.8mabove the sector's middle half▲ 86.7%
Debt€282,965▼ 16.9%€203,584▼ 28.1%€159,900▼ 21.5%€110,876▼ 30.7%€896,962▲ 709%
Working capital€159,581within the sector's middle half▼ 0.7%€194,746within the sector's middle half▲ 22.0%€225,357within the sector's middle half▲ 15.7%€280,870within the sector's middle half▲ 24.6%€179,385above the sector's middle half▼ 36.1%
Solvency69.4%above the sector's middle half▲ 5.1pp76.4%above the sector's middle half▲ 7.0pp81.3%above the sector's middle half▲ 4.8pp86.7%above the sector's middle half▲ 5.5pp48.5%within the sector's middle half▼ 38.2pp
Current ratio2.41within the sector's middle half▼ 0.063.37above the sector's middle half▲ 0.963.67above the sector's middle half▲ 0.304.69above the sector's middle half▲ 1.022.59within the sector's middle half▼ 2.10
Return on assets (ROA)3.4%within the sector's middle half▲ 0.2pp3.3%within the sector's middle half▼ 0.1pp4.1%within the sector's middle half▲ 0.8pp4.3%within the sector's middle half▲ 0.3pp2.1%within the sector's middle half▼ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
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 47% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.5m ▲ 150%
Current assets
€292,131 ▼ 18.2%
Equity and liabilities €1.8m
Equity
€855,391 ▲ 4.5%
Provisions
€9,644 ▼ 33.3%
Debt
€896,962 ▲ 709%
Debt's share of the balance-sheet total rises from 11.7% to 50.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92,798▼
2023 · €118,548
Cash flow
€98,468▼
2023 · €100,962
Debt to equity
1.05▲
2023 · 0.14
ROE
4.3%▼
2023 · 5.0%
Interest coverage
17.69▼
2023 · 56.84
Debt ≤ 1 year
€112,746▲
2023 · €76,112
Debt > 1 year
€740,820▲
2023 · €30,108
Income taxes
€863▼
2023 · €20,382
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,849 | €57,014 | €57,066 | €59,923 | €61,520 | ▲ 2.7% |
| Other operating charges640/8 | - | €11,851 | €12,108 | €12,289 | €12,159 | ▼ 1.1% |
| Gross operating margin9900 | €119,358 | €116,603 | €124,328 | €130,836 | €104,958 | ▼ 19.8% |
| Operating profit (loss)9901 | €51,706 | €47,738 | €55,154 | €58,625 | €31,278 | ▼ 46.6% |
| Financial income75/76B | - | €12 | - | €59 | €6,956 | ▲ 11,632% |
| Recurring financial income75 | €70 | €12 | - | €59 | €6,956 | ▲ 11,632% |
| Financial charges65/66B | - | €4,241 | €2,939 | €2,086 | €5,245 | ▲ 152% |
| Recurring financial charges65 | €5,771 | €4,241 | €2,939 | €2,086 | €5,245 | ▲ 152% |
| Profit (loss) for the period before taxes9903 | €46,004 | €43,509 | €52,214 | €56,598 | €32,989 | ▼ 41.7% |
| Transfer from deferred taxes780 | - | €4,822 | €4,822 | €4,822 | €4,822 | = |
| Income taxes67/77 | €16,243 | €16,916 | €18,105 | €20,382 | €863 | ▼ 95.8% |
| Profit (loss) for the period9904 | €34,583 | €31,414 | €38,931 | €41,039 | €36,948 | ▼ 10.0% |
| Transfer from tax-exempt reserves789 | - | €9,364 | €9,364 | €9,364 | €9,364 | = |
| Profit (loss) for the period to be appropriated9905 | €43,947 | €40,778 | €48,295 | €50,403 | €46,312 | ▼ 8.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €966,167 | €956,592 | €943,784 | €1.8m | ▲ 86.7% |
| Fixed assets21/28 | €746,256 | €689,242 | €646,725 | €586,801 | €1.5m | ▲ 150% |
| Tangible fixed assets22/27 | €746,256 | €689,242 | €646,725 | €586,801 | €1.5m | ▲ 150% |
| Land and buildings22 | - | €622,980 | €585,621 | €548,262 | €1.4m | ▲ 164% |
| Plant, machinery and equipment23 | - | €28,717 | €38,601 | €31,080 | €23,558 | ▼ 24.2% |
| Furniture and vehicles24 | - | €37,545 | €22,502 | €7,460 | €0 | ▼ 100% |
| Current assets29/58 | €272,699 | €276,925 | €309,867 | €356,983 | €292,131 | ▼ 18.2% |
| Amounts receivable within one year40/41 | €178,770 | €221,856 | €223,067 | - | €34,938 | - |
| Trade receivables40 | - | €3,770 | - | - | €2,896 | - |
| Other amounts receivable41 | - | €218,086 | €223,067 | - | €32,042 | - |
| Current investments50/53 | - | - | - | €200,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €91,896 | €53,041 | €84,670 | €154,892 | €204,127 | ▲ 31.8% |
| Deferred charges and accrued income490/1 | - | €2,027 | €2,130 | €2,091 | €53,066 | ▲ 2,438% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €966,167 | €956,592 | €943,784 | €1.8m | ▲ 86.7% |
| Equity10/15 | €707,059 | €738,473 | €777,405 | €818,443 | €855,391 | ▲ 4.5% |
| Contributions10/11 | €49,579 | €49,579 | €49,579 | €49,579 | €49,579 | = |
| Reserves13 | €657,481 | €688,895 | €727,826 | €768,864 | €805,812 | ▲ 4.8% |
| Non-distributable reserves130/1 | - | €4,958 | €4,958 | - | - | - |
| Reserves not available under the articles1311 | - | €4,958 | €4,958 | - | - | - |
| Tax-exempt reserves132 | - | €46,820 | €37,456 | €28,092 | €18,728 | ▼ 33.3% |
| Distributable reserves133 | - | €637,116 | €685,412 | €740,772 | €787,084 | ▲ 6.3% |
| Provisions and deferred taxes16 | €28,931 | €24,109 | €19,287 | €14,465 | €9,644 | ▼ 33.3% |
| Deferred taxes168 | - | €24,109 | €19,287 | €14,465 | €9,644 | ▼ 33.3% |
| Amounts payable17/49 | €282,965 | €203,584 | €159,900 | €110,876 | €896,962 | ▲ 709% |
| Amounts payable after more than one year17 | €169,266 | €121,156 | €75,140 | €30,108 | €740,820 | ▲ 2,361% |
| Financial debts170/4 | - | €121,156 | €75,140 | €30,108 | €740,820 | ▲ 2,361% |
| Amounts payable within one year42/48 | €113,118 | €82,178 | €84,510 | €76,112 | €112,746 | ▲ 48.1% |
| Current portion of amounts payable after more than one year42 | - | €48,110 | €45,381 | €45,033 | €89,288 | ▲ 98.3% |
| Trade debts44 | €23,193 | €732 | €15,537 | €6,617 | €634 | ▼ 90.4% |
| Suppliers440/4 | - | €732 | €15,537 | €6,617 | €634 | ▼ 90.4% |
| Taxes, remuneration and social security45 | - | €7,163 | €7,205 | €2,383 | €0 | ▼ 100% |
| Taxes450/3 | - | €7,163 | €5,618 | €2,383 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €1,587 | - | - | - |
| Other amounts payable47/48 | - | €26,173 | €16,387 | €22,080 | €22,824 | ▲ 3.4% |
| Accrued charges and deferred income492/3 | - | €250 | €250 | €4,656 | €43,396 | ▲ 832% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,583 | €31,414 | €38,931 | €41,039 | €36,948 | ▼ 10.0% |
| + Depreciation and write-downs630 | €53,849 | €57,014 | €57,066 | €59,923 | €61,520 | ▲ 2.7% |
| Operating cash flow (approximation) | €88,433 | €88,428 | €95,997 | €100,962 | €98,468 | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | €0 | -€14,548 | -€0 | -€944,584 | ▼ 9,445,843,500% |
| Change in cash | - | -€38,855 | €31,629 | €70,222 | €49,235 | ▼ 29.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €41,039 ▲5.4%
Net result €41,039, the highest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €31,414 ▼9.2%
Net result drops to €31,414, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Oudsbergen · 1 establishment unit since 1990
Ground area
1.8 ha
Building footprint
1,196 m²
Volume, LiDAR
7,186 m³
2 parcels, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Immo Godo
since 19902.049.199.234
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0913/00Z009 | Flanders | 1.4 ha | - | - |
| 71562B0912/00L002 | Flanders | 3,400 m² | 1 · 1,195 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 3,233 EUR awarded · 3,234 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 821 EUR |
| 2023 | 1 | 3,233 EUR | 2,413 EUR |
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,405 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441070282
Also
9925:BE0441070282
Registered
11-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.