GODFATHER
The computed 12-month bankruptcy probability of GODFATHER is 5.5% (elevated). The 2023 annual accounts show negative equity (€-23k) and a net result of €-20k. Equity is shrinking by ~132.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 1432 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-23k |
| Net result | €-20k |
| Better than sector | 5% |
| Active | 7 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -609.2% | 12.4% | |
| Net result | €-20k | €437 | |
| Equity | €-23k | €4k | |
| Gross operating margin | €-17k | €14k | |
| Staff costs | €3k | €30k |
Show 10 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-20k |
| Net profit | €-20k |
| Cash flow | €-20k |
| Staff costs | €3k |
| Income taxes | - |
| Dividends | - |
| Total assets | €4k |
| Equity | €-23k |
| Debt | €27k |
| of which ≤ 1y | €27k |
| of which > 1y | - |
| Working capital | €-25k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.09 |
| Quick ratio | 0.09 |
| Working capital ratio | -642.3% |
| Solvency | -609.2% |
| Debt / equity | -1.16 |
| Long-term debt ratio | - |
| Interest coverage | -280.90 |
| Gross margin | - |
| Net margin | - |
| ROA | -519.1% |
| ROE | 85.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €3k |
| Amounts receivable within one year | 40/41 | €281 |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4k |
| Equity | 10/15 | €-23k |
| Contributions / capital | 10/11 | €100 |
| Reserves | 13 | €92 |
| Accumulated profits (losses) | 14 | €-24k |
| Amounts payable | 17/49 | €27k |
| Amounts payable within one year | 42/48 | €27k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-17k |
| Operating result | 9901 | €-20k |
| Financial charges | 65 | €70 |
| Result before taxes | 9903 | €-20k |
| Net result for the period | 9904 | €-20k |
| Result to be appropriated | 9905 | €-20k |
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2020
Former directors (1)
-
Former- → 26-05-2021
| NACE primary | Kappers- en barbiersactiviteiten(96210) |
| Legal form | Private limited company(610) |
| Incorporation | 29-11-2018 |
| Status | Active |
| Postal code | 1700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 fl. |
| 35383C0435/00B017 | Flanders | 212 m² | 1 · 173 m² | 11.2 m · 2 fl. |
| 35382D0640/00S006 | Flanders | 116 m² | 1 · 90 m² | 12.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
02-01-2026 Registered office moved from Oostende to Dilbeek
- Torhoutsesteenweg 372, 8400 Oostende → Oudesmidsestraat 20, 1700 Dilbeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Dilbeek",
"region": null,
"street": "Oudesmidsestraat",
"country": "BE",
"postcode": "1700",
"box_number": null,
"street_number": "20"
},
"old_address": {
"city": "Oostende",
"region": null,
"street": "Torhoutsesteenweg",
"country": "BE",
"postcode": "8400",
"box_number": null,
"street_number": "372"
},
"effective_date": "2025-12-15",
"evidence_quote": "De buitengewone algemene vergadering van 15/12/2025 aanvaardt de overdracht van de maatschappelijke zetel in het volgende adres; Oudesmidsestraat 20, 1700 Dilbeek"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0714.940.874",
"name_full": "GODFATHER",
"legal_form": "BV"
}
}26-05-2021 Jamal Mahmoud resigns as director
- Jamal Mahmoud, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jamal Mahmoud",
"address": null,
"birth_date": null
},
"evidence_quote": "De buitengewone algemene vergadering van 31/12/2020 aanvaardt de ontisag van de heer Jamal Mahmoud de bestuurder aanvaardt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0714.940.874",
"name_full": "GODFATHER",
"legal_form": "BV"
}
}04-06-2020 Hamzah Mohammad Jamal Mahmoud appointed as director
- Hamzah Mohammad Jamal Mahmoud, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Hamzah Mohammad Jamal Mahmoud",
"address": null,
"birth_date": null
},
"effective_date": "2020-01-01",
"evidence_quote": "De buitengewone algemene vergadering van 01/01/2020 aanvaardt de benoeming van de heer Hamzah Mohammad Jamal Mahmoud de bestuurder aanvaardt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0714.940.874",
"name_full": "GODFATHER",
"legal_form": "BVBA"
}
}03-12-2018 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Torhoutsesteenweg 372, 8400 Oostende",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "HAMZAH Mohammad",
"niss": null,
"address": "8400 Oostende, Leeuwerikenstraat 188/0001"
},
"share_class": "Standaard",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1,
"holder_person_name": "HAMZAH Mohammad",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 1,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1,
"subject_company": {
"kbo": "0714.940.874",
"name_full": "GODFATHER",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2018-11-29",
"post_incorporation_mandates": []
}| Legal nameNL | GODFATHER |