Active BE 0678.509.357Private limited company

GOgreen

Avenue de l'Union 25A ·4432 Ans, Belgium· 9 yrs active

Sector: Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment) (47521)

Conclusion Checked

The KBO register records legal situation 050 for GOgreen (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-41k) and a net result of €-56k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-41k
Net result	€-56k
Staff (FTE)	6.3
Better than sector	18%

Snowflake analysis 5 of 5 axes measured · computed by Checked

35 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 43

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

10 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· 1 judicial reorganisation (+10)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 18-07-2024 with the NBB · fiscal year 2023 · volledig

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-6.3%	18.0%	better than 18% of 825 sector peers
Net result	€-56k	€11k	better than 17% of 821 sector peers
Equity	€-41k	€80k	better than 14% of 826 sector peers
Gross operating margin	€275k	€162k	better than 64% of 745 sector peers
Staff costs	€310k	€187k	higher than 67% of 649 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-34k

- 18-23

Net profit

€-56k

- 18-23

Cash flow

€-47k

- 18-23

Total assets

€648k

-19.3% 18-23

Equity

€-41k

- 18-23

Working capital

€-46k

- 18-23

Employees (FTE)

6

+90.9% 18-23

Staff costs

€310k

+153.5% 18-23

Income taxes

€724

-94.8% 18-23

Debt

€689k

-12.6% 18-23

Debt ≤ 1y

€673k

-11.1% 18-23

Debt > 1y

€16k

-49.5% 18-23

Current ratio

0.93

-9.9% 18-23

Quick ratio

0.60

-22.0% 18-23

Solvency

-6.3%

- 18-23

Debt / equity

-16.84

- 18-23

ROE

135.7%

+23.1% 18-23

ROA

-8.6%

- 18-23

Interest coverage

-2.52

- 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	volledig
Revenue	-
EBITDA	€-34k
Net profit	€-56k
Cash flow	€-47k
Staff costs	€310k
Income taxes	€724
Dividends	-
Total assets	€648k
Equity	€-41k
Debt	€689k
of which ≤ 1y	€673k
of which > 1y	€16k
Working capital	€-46k
Employees (FTE)	6.3

Ratios (computed)

	2023
Current ratio	0.93
Quick ratio	0.60
Working capital ratio	-7.1%
Solvency	-6.3%
Debt / equity	-16.84
Long-term debt ratio	-0.38
Interest coverage	-2.52
Gross margin	-
Net margin	-
ROA	-8.6%
ROE	135.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €22k · 3.3% Current assets €627k · 96.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€648k
Fixed assets	21/28	€22k
Intangible fixed assets	21	€1k
Tangible fixed assets	22/27	€16k
Financial fixed assets	28	€4k
Current assets	29/58	€627k
Stocks & contracts in progress	3	€220k
Amounts receivable within one year	40/41	€386k
Cash & bank	54/58	€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€648k
Equity	10/15	€-41k
Contributions / capital	10/11	€13k
Reserves	13	€106
Accumulated profits (losses)	14	€-54k
Amounts payable	17/49	€689k
Amounts payable after one year	17	€16k
Amounts payable within one year	42/48	€673k
Trade debts payable within one year	44	€368k
Income statement
Gross operating margin	9900	€275k
Operating result	9901	€-42k
Financial income	75	€421
Financial charges	65	€13k
Result before taxes	9903	€-55k
Income taxes	67/77	€724
Net result for the period	9904	€-56k
Result to be appropriated	9905	€-56k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)(47521)
Legal form	Private limited company(610)
Incorporation	12-07-2017
Status	Active
Postal code	4432
First BS signal	07-10-2024
Latest BS signal	07-10-2024

Establishment units 1 location

GOgreen

Avenue de l'Union 25A, 4432 AnsVervaardiging van industriële machines, apparaten en toestellen voor de koeltechniek

since 20172.266.065.894

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62001B0453/02Y000	Wallonia	7,445 m²	1 · 348 m²	6.5 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

07-10-2024

Judicial reorganisation Opening

Tribunal de l’entreprise de Liège · collectif · event 01-10-2024

18-07-2024