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The Golf Shop

Active
Private limited company (pre-2019)founded 1990active for 35 yearsVieux Chemin de Wavre 50, 1380 Lasne, BelgiumKBO/BCE: BE 0442.694.241
Summary

The computed 12-month bankruptcy probability of The Golf Shop is 2.8% (moderate). For The Golf Shop, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €48,312 and a net result of €4,880. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 85% of 23,999 sector peers (NACE 47, financial year 2023). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of other sporting goods
NACE 47639
1 site
Size
≈ €52,000turnover 2023, estimated
Equity
€48,312
Profit
€4,880
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
2.8%
2023 figures too old to score
Structure
2024 accounts not filed, 457 days past the deadline1 deed in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2023 (filed 08-01-2025)2 financial years not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 lateSize: total assets €64,121Two or more financial years not filed2023 accounts filed 153 days latelowers riskLiquidity: current ratio 4.06, cash €59,253Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 100=
equity 75.3% of total assets
Liquidity 91+1
short-term debt 24.7% · cash 92.4%
Profitability 57+57
return on assets 7.6%
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,268 companies, NACE 47, micro)
Last 24 months 11-2024: 0.9% 12-2024: 1.4%▲ +0.5 percentage points vs 11-2024 01-2025: 2.7%▲ +1.3 percentage points vs 12-2024 02-2025: 0.2%▼ -2.5 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.8%▲ +0.3 percentage points vs 11-2025 01-2026: 2.0%▲ +1.2 percentage points vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 1.8%▼ -0.2 percentage points vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 2.8%▲ +1.0 percentage point vs 07-2026highest value 09-2026: 2.8%● unchanged vs 08-2026highest value 10-2026: 2.8%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed 08-01-2025)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 153 days late; 3 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 4.06, cash €59,253
NBB · annual accounts
raises risk · Size: total assets €64,121
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline31-10-2026 today
raises risk · 2023 accounts filed 153 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
153 days late
2022
31 days late
2021
31 days late
2020
60 days late
2019
84 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 72 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Back to profitnet €4,880
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: 2024 accounts not fileddeadline was 31-07-2025 457 days past the deadline View
  • Positive: Among the best 15% on solvencysector median 31.7% · 23,999 companies 75.3% View
  • Active since 1990founded 29-11-1990 35 years View

By topic

Financials

Financial year
2023
Total assets
€64,121
Profit
€4,880
Solvency
75.3%
Total assets▲ 10.1%
Net result
20182023
Go to Financials

Timeline

Events
36
Since
1992
  1. 31-12-2022Weakest financial year
  2. 31-08-2022Annual accounts filed
  3. 29-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of other sporting goodsNACE 47639
Founded
29-11-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about The Golf Shop

What is the company number of The Golf Shop?
0442.694.241. In Belgium the VAT number is the company number with BE in front: BE 0442.694.241.
Where is The Golf Shop based?
The registered office is at Vieux Chemin de Wavre 50, 1380 Lasne.Company details
What does The Golf Shop do?
According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
What is the legal form of The Golf Shop?
Private limited company (pre-2019) (BVBA).
When was The Golf Shop founded?
On 29-11-1990.
Is The Golf Shop still active?
Yes, The Golf Shop is an active enterprise in the KBO register.
What is the turnover of The Golf Shop?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is The Golf Shop profitable?
In financial year 2023, The Golf Shop made a profit of €4,880.
Where can I find the annual accounts of The Golf Shop?
The Golf Shop filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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