J.M. GOFFIN
ActiveSummary
J.M. GOFFIN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €929k and a net result of €20k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+59
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 8.87 against 16.89 in 2024; short-term debt: 10.6% and cash: 0.6% of total assets), and 10.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
89.1%
Return on assets
1.9%
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 15-09-2026, 46 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
46 d late
2024
47 d late
2023
71 d late
2022
45 d early
2021
9 d late
2020
83 d late
2019
90 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€18k
EBIT margin
31.5%
Net result
€20k▲ 1,471%
2024 · €1k
2018: €46k
2019: €39k
2020: €106k
2021: €79k
2022: €63k
2023: €151k
2024: €1k
2018 → 2025
Working capital
€869k▼ 6.7%
2024 · €931k
2018: €543k
2019: €587k
2020: €697k
2021: €765k
2022: €812k
2023: €941k
2024: €931k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€18k
Equity€898k-€946k▲ 5.4%€1.05M▲ 11.2%€1.02M▼ 3.5%€929k▼ 8.5%
Operating result€112k-€93k▼ 17.1%€222k▲ 140%€-26k€6k
Net result€79k-€63k▼ 19.8%€151k▲ 139%€1k▼ 99.2%€20k▲ 1,471%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €26k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€63k ▼ 29.1%
Current assets
€979k ▼ 1.0%
Equity and liabilities €1.04M
Equity
€929k ▼ 8.5%
Debt
€114k ▲ 79.2%
Debt's share of the balance-sheet total rises from 5.9% to 10.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€32k▲
2024 · €235
Cash flow
€46k▲
2024 · €28k
Current ratio
8.87▼
2024 · 16.89
Quick ratio
8.64▼
2024 · 16.22
Debt to equity
0.12▲
2024 · 0.06
ROE
2.1%▲
2024 · 0.1%
ROA
1.9%▲
2024 · 0.1%
Interest coverage
58.88▲
2024 · 0.31
Debt ≤ 1 year
€110k▲
2024 · €59k
Debt > 1 year
€0▼
2024 · €2k
Income taxes
€10k▲
2024 · €1k
Staff costs
€0▼
2024 · €76
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 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.04M▼
Fixed assets21/28€89k€63k▼
Tangible fixed assets22/27€89k€63k▼
Land and buildings22€83k€61k▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€5k€1k▼
Current assets29/58€989k€979k▼
Stocks and contracts in progress3€39k€25k▼
Stocks30/36€39k€25k▼
Amounts receivable within one year40/41€259k€257k▼
Trade receivables40€2k€3k▲
Other amounts receivable41€257k€254k▼
Current investments50/53€655k€655k=
Cash at bank and in hand54/58€21k€6k▼
Deferred charges and accrued income490/1€15k€36k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.04M▼
Equity10/15€1.02M€929k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€702k€616k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€696k€610k▼
Profit (loss) carried forward14€251k€251k=
Amounts payable17/49€64k€114k▲
Amounts payable after more than one year17€2k€0▼
Financial debts170/4€2k€0▼
Amounts payable within one year42/48€59k€110k▲
Current portion of amounts payable after more than one year42€4k€2k▼
Trade debts44€616€0▼
Suppliers440/4€616€0▼
Taxes, remuneration and social security45€16k€3k▼
Taxes450/3€16k€3k▼
Other amounts payable47/48€39k€106k▲
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20242025
Turnover70-€18k
Goods, raw materials, services and sundry goods60/61-€42k
Remuneration, social security and pensions62€76€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€26k▼
Other operating charges640/8€8k€7k▼
Gross operating margin9900€8k€39k▲
Operating profit (loss)9901€-26k€6k▲
Financial income75/76B€29k€25k▼
Recurring financial income75€29k€25k▼
Financial charges65/66B€747€537▼
Recurring financial charges65€747€537▼
Profit (loss) for the period before taxes9903€2k€30k▲
Income taxes67/77€1k€10k▲
Profit (loss) for the period9904€1k€20k▲
Profit (loss) for the period to be appropriated9905€1k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€252k€270k▲
Profit (loss) brought forward from the previous period14P€251k€251k=
Transfer from equity791/2€39k€106k▲
Transfer to equity691/2€1k€20k▲
To other reserves6921€1k€20k▲
Profit to be distributed694/7€39k€106k▲
Return on contributions (dividend)694€39k€106k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 46 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 47 days late
2024
31-12
Financial
Weakest financial yearnet €1k ▼99.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 71 days late
2023
31-12
Financial
Highest result since 2018net €151k ▲139%
Operating result €222k, net result €151k, both a record.
31-12
Financial
Equity above €1MEq €1.05M ▲11.2%
6 profitable years in a row build equity to €1.05M.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 83 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Havelange · 1 establishment unit since 1988
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.
Rue de la Station(H) 132A5370 HavelangeGround area
292 m²
Building footprint
86 m²
Parcel 91064E0154/00G006, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Station(H) 132a, 5370 Havelange
since 19882.039.303.056
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91064E0154/00G006 | Wallonia | 292 m² | 1 · 86 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Hakan Bouwmaterialen
BE 0466.503.088
Borsbeek · Eq €929k
HOBBYHOME
BE 0765.942.286
Ohey · Eq €928k
SaniDeco
BE 0476.194.378
Schaarbeek · Eq €932k
POORTSERVICE MARCEL
BE 0463.752.149
Nieuwerkerken (Limb.) · Eq €923k
OEYEN
BE 0452.089.482
Balen · Eq €922k
Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 948 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
47540Retail sale of electrical household appliances
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.