Electro Goethals
ActiveElectro Goethals has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €3k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 80% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-18
Solvency100▲+14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 5.57 against 2.82 in 2024; short-term debt: 12.6% and cash: 29.6% of total assets), and 24.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
36 d early
2023
7 d early
2022
4 d early
2021
40 d early
2020
31 d early
2019
32 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▲ 2.6%
2024 · €106k
2019: €60k
2020: €66k
2021: €77k
2022: €75k
2023: €84k
2024: €106k
2019 → 2025
Total assets
€144k▼ 16.3%
2024 · €172k
2019: €126k
2020: €166k
2021: €154k
2022: €128k
2023: €133k
2024: €172k
2019 → 2025
Net result
€3k▼ 90.2%
2024 · €28k
2019: €13k
2020: €14k
2021: €19k
2022: €-2k
2023: €15k
2024: €28k
2019 → 2025
Working capital
€83k▲ 5.5%
2024 · €79k
2019: €52k
2020: €51k
2021: €60k
2022: €59k
2023: €73k
2024: €79k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€75k▼ 2.9%€84k▲ 11.5%€106k▲ 26.0%€108k▲ 2.6%
Operating result€25k-€-1k€24k€36k▲ 51.4%€6k▼ 84.0%
Net result€19k-€-2k€15k€28k▲ 87.6%€3k▼ 90.2%
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 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€43k▼ 14.7%
Current assets
€101k▼ 17.0%
Equity and liabilities €144k
Equity
€108k▲ 2.6%
Debt
€35k▼ 46.6%
The debt ratio falls from 38.5% to 24.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €51k
Cash flow
€15k▼
2024 · €43k
Solvency
75.4%▲
2024 · 61.5%
Current ratio
5.57▲
2024 · 2.82
Quick ratio
3.78▲
2024 · 1.79
Debt / equity
0.33▼
2024 · 0.63
ROE
2.6%▼
2024 · 26.7%
ROA
1.9%▼
2024 · 16.4%
Interest coverage
9.00▼
2024 · 43.49
Debt
€35k▼
2024 · €66k
Debt ≤ 1 year
€18k▼
2024 · €43k
Debt > 1 year
€17k▼
2024 · €23k
Income taxes
€2k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€172k€144k▼
Fixed assets21/28€50k€43k▼
Tangible fixed assets22/27€50k€43k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€48k€41k▼
Leasing and similar rights25-€231
Current assets29/58€122k€101k▼
Stocks and contracts in progress3€44k€32k▼
Stocks30/36€44k€32k▼
Amounts receivable within one year40/41€43k€24k▼
Trade receivables40€42k€14k▼
Other amounts receivable41€1k€11k▲
Current investments50/53€20k-
Cash at bank and in hand54/58€12k€43k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€172k€144k▼
Equity10/15€106k€108k▲
Contributions10/11€6k€6k=
Reserves13€44k€47k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€17k€17k=
Distributable reserves133€25k€28k▲
Profit (loss) carried forward14€55k€55k=
Amounts payable17/49€66k€35k▼
Amounts payable after more than one year17€23k€17k▼
Financial debts170/4€23k€17k▼
Amounts payable within one year42/48€43k€18k▼
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€15k€10k▼
Suppliers440/4€15k€10k▼
Advances received on contracts in progress46€9k-
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€4k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€24k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€12k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€53k€19k▼
Operating profit (loss)9901€36k€6k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€36k€5k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€28k€3k▼
Transfer to tax-exempt reserves689€476-
Profit (loss) for the period to be appropriated9905€28k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€58k▼
Profit (loss) brought forward from the previous period14P€44k€55k▲
Transfer to equity691/2€10k€3k▼
To other reserves6921€10k€3k▼
Profit to be distributed694/7€6k-
Return on contributions (dividend)694€6k-
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €28k ▲87.6%
Operating result €36k, net result €28k, both a record.
31-03
Financial
Equity above €100kEq €106k ▲26%
2 profitable years in a row build equity to €106k.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €-2k ▼112%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2021
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
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.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-05-2025
Frederik Goethals: Resigned as Director
12-05-2025
Goethals Roger: Resigned as Director
Location & real-estate footprint
Registered office, Evergem · 1 establishment unit since 2000
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.
Belzeelsestraat 319940 EvergemGround area
571 m²
Building footprint
85 m²
Volume, LiDAR
481 m³
Parcel 44302E1626/00D000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EGR
since 20002.099.983.385
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E1626/00D000 | Flanders | 571 m² | 1 · 85 m² | 9.6 m · 2 fl. |
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
SIMILIA ENERGY
BE 0795.538.174
Estinnes · Eq €108k
ELEKTRO DIETER DESOMER
BE 1002.212.512
Zonnebeke · Eq €108k
ELECTRO VERHALLE
BE 0423.391.637
Tielt · Eq €109k
TAELS TECHNIEK
BE 0801.270.874
Geel · Eq €109k
Verduyn Dieter
BE 0795.246.877
Beernem · Eq €108k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,782 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2000
Fiscal year end31-03
Abbreviation NL
EG
Activities, NACEBEL
43211General electrical installation work
45310
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.