LODE GOLTSTEIN
ActiveSummary
The computed 12-month bankruptcy probability of LODE GOLTSTEIN is 4.2% (elevated). The 2025 annual accounts show negative equity (€-49k) and a net result of €-22k. Equity is shrinking by ~96.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 7500 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.75 in 2024; short-term debt: 179.7% and cash: 33.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-100%
Return on assets
-44.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-49k
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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
1 d late
2023
26 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
€-49k▼ 80.0%
2024 · €-27k
Total assets
€49k▲ 64.0%
2024 · €30k
Net result
€-22k▲ 29.2%
2024 · €-31k
Working capital
€-57k▼ 512%
2024 · €-9k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€3k-€-28k€-19k▲ 31.8%
Net result€530-€-31k€-22k▲ 29.2%
Equity€4k-€-27k€-49k▼ 80.0%
Total assets€89k-€30k▼ 66.3%€49k▲ 64.0%
Debt€85k-€57k▼ 33.0%€98k▲ 71.6%
Working capital€29k-€-9k€-57k▼ 512%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €28k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€18k ▲ 667%
Current assets
€30k ▲ 11.2%
Key figures and ratios
EBITDA
€-17k▲
2024 · €-26k
Cash flow
€-20k▲
2024 · €-29k
Solvency
-100.0%▼
2024 · -91.1%
Current ratio
0.35▼
2024 · 0.75
Quick ratio
0.27▼
2024 · 0.57
Debt to equity
-2.00▲
2024 · -2.10
ROA
-44.4%▲
2024 · -102.9%
Interest coverage
-6.75▲
2024 · -9.92
Debt ≤ 1 year
€88k▲
2024 · €37k
Debt > 1 year
€10k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | ▲ 0.3% |
| Other operating charges640/8 | €921 | €773 | €1k | ▲ 46.1% |
| Gross operating margin9900 | €8k | €-26k | €-16k | ▲ 36.6% |
| Operating profit (loss)9901 | €3k | €-28k | €-19k | ▲ 31.8% |
| Financial income75/76B | €52 | €211 | €91 | ▼ 56.7% |
| Recurring financial income75 | €52 | €211 | €91 | ▼ 56.7% |
| Financial charges65/66B | €3k | €3k | €3k | ▼ 3.3% |
| Recurring financial charges65 | €3k | €3k | €3k | ▼ 3.3% |
| Profit (loss) for the period before taxes9903 | €726 | €-31k | €-22k | ▲ 29.2% |
| Income taxes67/77 | €196 | €0 | - | - |
| Profit (loss) for the period9904 | €530 | €-31k | €-22k | ▲ 29.2% |
| Profit (loss) for the period to be appropriated9905 | €530 | €-31k | €-22k | ▲ 29.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €89k | €30k | €49k | ▲ 64.0% |
| Fixed assets21/28 | €4k | €2k | €18k | ▲ 667% |
| Tangible fixed assets22/27 | €4k | €2k | €18k | ▲ 667% |
| Plant, machinery and equipment23 | €3k | €2k | €18k | ▲ 947% |
| Furniture and vehicles24 | €2k | €648 | €53 | ▼ 91.9% |
| Current assets29/58 | €84k | €27k | €30k | ▲ 11.2% |
| Stocks and contracts in progress3 | €33k | €6k | €6k | = |
| Stocks30/36 | €33k | €6k | €6k | = |
| Amounts receivable within one year40/41 | €33k | €11k | €7k | ▼ 38.9% |
| Trade receivables40 | €31k | €6k | €6k | ▼ 10.3% |
| Other amounts receivable41 | €3k | €5k | €1k | ▼ 76.6% |
| Cash at bank and in hand54/58 | €16k | €10k | €16k | ▲ 66.1% |
| Deferred charges and accrued income490/1 | €2k | €435 | €1k | ▲ 191% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €89k | €30k | €49k | ▲ 64.0% |
| Equity10/15 | €4k | €-27k | €-49k | ▼ 80.0% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €530 | €-30k | €-52k | ▼ 72.1% |
| Amounts payable17/49 | €85k | €57k | €98k | ▲ 71.6% |
| Amounts payable after more than one year17 | €30k | €20k | €10k | ▼ 51.0% |
| Financial debts170/4 | €30k | €20k | €10k | ▼ 51.0% |
| Amounts payable within one year42/48 | €55k | €37k | €88k | ▲ 139% |
| Current portion of amounts payable after more than one year42 | €9k | €10k | €10k | ▲ 5.2% |
| Trade debts44 | €18k | €9k | €7k | ▼ 27.0% |
| Suppliers440/4 | €18k | €9k | €7k | ▼ 27.0% |
| Advances received on contracts in progress46 | €8k | €0 | - | - |
| Taxes, remuneration and social security45 | €5k | €5k | €6k | ▲ 16.8% |
| Taxes450/3 | €1k | €196 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €4k | €5k | €6k | ▲ 21.7% |
| Other amounts payable47/48 | €14k | €13k | €65k | ▲ 396% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €530 | €-31k | €-22k | ▲ 29.2% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | ▲ 0.3% |
| Operating cash flow (approximation) | €2k | €-29k | €-20k | ▲ 31.2% |
| Investment in fixed assets (approximation) | - | €0 | €-18k | - |
| Change in cash | - | €-6k | €6k | ▲ 203% |
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
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
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, Dilsen-Stokkem · 1 establishment unit since 2022
Ground area
825 m²
Building footprint
301 m²
Volume, LiDAR
2,496 m³
Parcel 73081B0483/00F000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LODE GOLTSTEIN
since 20222.338.156.690
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73081B0483/00F000 | Flanders | 825 m² | 1 · 301 m² | 10.9 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.
Similar companies · same sector, comparable size
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EXCELLENTIS
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 5,155 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
Founded22-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
47120Other non-specialised retail sale
Contact
E-mail
info@goltstein.be
Scores and ratios are computed by Checked and are not a credit decision.