J. Goethals
ActiveSummary
J. Goethals has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €17k. Equity is growing by ~67.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-23
Solvency74▼-8
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 5.13 against 0.96 in 2024; short-term debt: 11% and cash: 37.3% of total assets), but 51% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49%
Return on assets
7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 16.7%
2024 · €103k
2021: €18klowest in 5 years
2022: €29k▲ +54.8% vs 2021
2023: €56k▲ +96.1% vs 2022
2024: €103k▲ +83.4% vs 2023
2025: €120k▲ +16.7% vs 2024highest in 5 years
2021 → 2025
Total assets
€245k▲ 35.9%
2024 · €180k
2021: €67klowest in 5 years
2022: €78k▲ +16.6% vs 2021
2023: €76k▼ -3.0% vs 2022
2024: €180k▲ +137% vs 2023
2025: €245k▲ +35.9% vs 2024highest in 5 years
2021 → 2025
Net result
€17k▼ 65.8%
2024 · €50k
2021: €16k
2022: €10k▼ -36.7% vs 2021lowest in 5 years
2023: €27k▲ +172% vs 2022
2024: €50k▲ +83.0% vs 2023highest in 5 years
2025: €17k▼ -65.8% vs 2024
2021 → 2025
Working capital
€111k
2024 · €-3k
2021: €1k
2022: €10k▲ +588% vs 2021
2023: €34k▲ +236% vs 2022
2024: €-3k▼ -109% vs 2023lowest in 5 years
2025: €111k▲ +3714% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€29k▲ 54.8%€56k▲ 96.1%€103k▲ 83.4%€120k▲ 16.7%
2021: €18klowest in 5 years
2022: €29k▲ +54.8% vs 2021
2023: €56k▲ +96.1% vs 2022
2024: €103k▲ +83.4% vs 2023
2025: €120k▲ +16.7% vs 2024highest in 5 years
Operating result€21k-€14k▼ 34.7%€29k▲ 110%€66k▲ 129%€30k▼ 54.5%
2021: €21k
2022: €14k▼ -34.7% vs 2021lowest in 5 years
2023: €29k▲ +110% vs 2022
2024: €66k▲ +129% vs 2023highest in 5 years
2025: €30k▼ -54.5% vs 2024
Net result€16k-€10k▼ 36.7%€27k▲ 172%€50k▲ 83.0%€17k▼ 65.8%
2021: €16k
2022: €10k▼ -36.7% vs 2021lowest in 5 years
2023: €27k▲ +172% vs 2022
2024: €50k▲ +83.0% vs 2023highest in 5 years
2025: €17k▼ -65.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245k
Fixed assets
€107k ▲ 1.1%
Current assets
€138k ▲ 85.4%
Equity and liabilities €245k
Equity
€120k ▲ 16.7%
Debt
€125k ▲ 61.3%
Debt's share of the balance-sheet total rises from 43.0% to 51.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €69k
Cash flow
€21k▼
2024 · €54k
Current ratio
5.13▲
2024 · 0.96
Debt to equity
1.04▲
2024 · 0.75
ROE
14.3%▼
2024 · 48.9%
ROA
7.0%▼
2024 · 27.9%
Interest coverage
5.98▼
2024 · 36.64
Debt ≤ 1 year
€27k▼
2024 · €77k
Debt > 1 year
€98k
Income taxes
€7k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€180k€245k▲
Fixed assets21/28€106k€107k▲
Tangible fixed assets22/27€106k€107k▲
Land and buildings22€98k€100k▲
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€2k€2k▲
Current assets29/58€74k€138k▲
Amounts receivable within one year40/41€23k€16k▼
Trade receivables40€19k€15k▼
Other amounts receivable41€3k€2k▼
Current investments50/53€14k€30k▲
Cash at bank and in hand54/58€38k€91k▲
Equity and liabilities
Total equity and liabilities10/49€180k€245k▲
Equity10/15€103k€120k▲
Contributions10/11€3k€3k=
Reserves13€100k€117k▲
Distributable reserves133€100k€117k▲
Amounts payable17/49€77k€125k▲
Amounts payable after more than one year17-€98k
Financial debts170/4-€98k
Amounts payable within one year42/48€77k€27k▼
Trade debts44€49k€4k▼
Suppliers440/4€49k€4k▼
Taxes, remuneration and social security45€24k€21k▼
Taxes450/3€6k€21k▲
Remuneration and social security454/9€18k-
Other amounts payable47/48€4k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€71k€35k▼
Operating profit (loss)9901€66k€30k▼
Financial income75/76B€441€308▼
Recurring financial income75€441€308▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€64k€25k▼
Income taxes67/77€14k€7k▼
Profit (loss) for the period9904€50k€17k▼
Profit (loss) for the period to be appropriated9905€50k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€17k▼
Transfer to equity691/2€47k€17k▼
To other reserves6921€47k€17k▼
Profit to be distributed694/7€4k-
Directors or managers695€4k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €12k | €3k | €3k | €4k | ▲ 5.5% |
| Other operating charges640/8 | €344 | €939 | €535 | €2k | €2k | ▼ 16.1% |
| Gross operating margin9900 | €29k | €27k | €32k | €71k | €35k | ▼ 50.6% |
| Operating profit (loss)9901 | €21k | €14k | €29k | €66k | €30k | ▼ 54.5% |
| Financial income75/76B | - | €5 | €8k | €441 | €308 | ▼ 30.2% |
| Recurring financial income75 | - | €5 | €13 | €441 | €308 | ▼ 30.2% |
| Non-recurring financial income76B | - | - | €8k | - | - | - |
| Financial charges65/66B | €671 | €644 | €1k | €2k | €6k | ▲ 197% |
| Recurring financial charges65 | €671 | €644 | €1k | €2k | €6k | ▲ 197% |
| Profit (loss) for the period before taxes9903 | €20k | €13k | €35k | €64k | €25k | ▼ 61.7% |
| Income taxes67/77 | €4k | €3k | €7k | €14k | €7k | ▼ 47.1% |
| Profit (loss) for the period9904 | €16k | €10k | €27k | €50k | €17k | ▼ 65.8% |
| Profit (loss) for the period to be appropriated9905 | €16k | €10k | €27k | €50k | €17k | ▼ 65.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €78k | €76k | €180k | €245k | ▲ 35.9% |
| Fixed assets21/28 | €48k | €50k | €21k | €106k | €107k | ▲ 1.1% |
| Tangible fixed assets22/27 | €48k | €50k | €21k | €106k | €107k | ▲ 1.1% |
| Land and buildings22 | €3k | €15k | €13k | €98k | €100k | ▲ 2.1% |
| Plant, machinery and equipment23 | €908 | €650 | €7k | €6k | €5k | ▼ 18.8% |
| Furniture and vehicles24 | €439 | €338 | €1k | €2k | €2k | ▲ 8.3% |
| Leasing and similar rights25 | €44k | €34k | - | - | - | - |
| Current assets29/58 | €19k | €29k | €54k | €74k | €138k | ▲ 85.4% |
| Amounts receivable within one year40/41 | €15k | €14k | €220 | €23k | €16k | ▼ 27.4% |
| Trade receivables40 | €13k | €14k | €220 | €19k | €15k | ▼ 23.5% |
| Other amounts receivable41 | €2k | - | - | €3k | €2k | ▼ 51.0% |
| Current investments50/53 | - | - | - | €14k | €30k | ▲ 115% |
| Cash at bank and in hand54/58 | €4k | €15k | €54k | €38k | €91k | ▲ 142% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €78k | €76k | €180k | €245k | ▲ 35.9% |
| Equity10/15 | €18k | €29k | €56k | €103k | €120k | ▲ 16.7% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €16k | €26k | €53k | €100k | €117k | ▲ 17.2% |
| Distributable reserves133 | €16k | €26k | €53k | €100k | €117k | ▲ 17.2% |
| Amounts payable17/49 | €49k | €50k | €20k | €77k | €125k | ▲ 61.3% |
| Amounts payable after more than one year17 | €31k | €31k | - | - | €98k | - |
| Financial debts170/4 | €31k | €31k | - | - | €98k | - |
| Amounts payable within one year42/48 | €17k | €18k | €20k | €77k | €27k | ▼ 65.3% |
| Current portion of amounts payable after more than one year42 | €7k | - | - | - | - | - |
| Trade debts44 | €937 | €7k | €430 | €49k | €4k | ▼ 91.8% |
| Suppliers440/4 | €937 | €7k | €430 | €49k | €4k | ▼ 91.8% |
| Taxes, remuneration and social security45 | €9k | €12k | €19k | €24k | €21k | ▼ 12.7% |
| Taxes450/3 | €9k | €12k | €19k | €6k | €21k | ▲ 239% |
| Remuneration and social security454/9 | - | - | - | €18k | - | - |
| Other amounts payable47/48 | €676 | €48 | €578 | €4k | €2k | ▼ 58.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €10k | €27k | €50k | €17k | ▼ 65.8% |
| + Depreciation and write-downs630 | €8k | €12k | €3k | €3k | €4k | ▲ 5.5% |
| Operating cash flow (approximation) | €24k | €22k | €30k | €54k | €21k | ▼ 61.3% |
| Investment in fixed assets (approximation) | - | €-13k | €26k | €-88k | €-5k | ▲ 94.7% |
| Change in cash | - | €10k | €40k | €-17k | €54k | ▲ 422% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity times 5current ratio 5.13
Current ratio from 0.96 to 5.13; short-term debt falls from €77k to €27k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2021net €50k ▲83%
Operating result €66k, net result €50k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲83.4%
4 profitable years in a row build equity to €103k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €10k ▼36.7%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Lokeren · 1 establishment unit since 2021
Ground area
582 m²
Building footprint
101 m²
Volume, LiDAR
771 m³
Parcel 46014A0614/00L004, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
J. Goethals
since 20212.312.265.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A0614/00L004 | Flanders | 582 m² | 1 · 101 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2024 · 1 entry · 659 EUR awarded · 659 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 659 EUR | 659 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
"Artnethouse 20"
BE 0758.613.145
Mons · Eq €119,783
ENGEAL
BE 0656.882.911
Wemmel · Eq €119,795
Cedric Remande
BE 1006.261.568
Aartselaar · Eq €119,770
Raan IT
BE 0801.494.667
Laarne · Eq €119,801
BrightML
BE 0680.801.527
Rotselaar · Eq €119,802
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,484 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
Founded09-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
52250Logistics services
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.