GOLDEN ESTATE
ActiveGOLDEN ESTATE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+3
Solvency39▼-9
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.27 in 2024; short-term debt: 86.4% and cash: 16.4% of total assets), and 86.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.6%
Return on assets
4.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 4 filingsDeviation from the deadline
2025
27 d late
2024
27 d late
2023
22 d early
2022
35 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€55k▼ 39.3%
2024 · €91k
2022: €16k
2023: €80k
2024: €91k
2022 → 2025
Total assets
€409k▲ 2.5%
2024 · €399k
2022: €301k
2023: €111k
2024: €399k
2022 → 2025
Net result
€19k▲ 70.6%
2024 · €11k
2022: €-9k
2023: €64k
2024: €11k
2022 → 2025
Working capital
€49k▼ 41.4%
2024 · €83k
2022: €16k
2023: €80k
2024: €83k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€80k▲ 397%€91k▲ 14.0%€55k▼ 39.3%
Operating result€-9k-€89k€17k▼ 81.0%€31k▲ 81.7%
Net result€-9k-€64k€11k▼ 82.5%€19k▲ 70.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 82% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€7k▼ 18.3%
Current assets
€402k▲ 2.9%
Equity and liabilities €409k
Equity
€55k▼ 39.3%
Debt
€354k▲ 14.9%
The debt ratio rises from 77.1% to 86.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€32k▲
2024 · €18k
Cash flow
€21k▲
2024 · €12k
Solvency
13.6%▼
2024 · 22.9%
Current ratio
1.14▼
2024 · 1.27
Quick ratio
0.26▼
2024 · 0.43
Debt / equity
6.38▲
2024 · 3.37
ROE
34.5%▲
2024 · 12.3%
ROA
4.7%▲
2024 · 2.8%
Interest coverage
13.86▼
2024 · 120.17
Debt
€354k▲
2024 · €308k
Debt ≤ 1 year
€354k▲
2024 · €308k
Income taxes
€9k▲
2024 · €6k
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€399k€409k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€1k€824▼
Current assets29/58€391k€402k▲
Stocks and contracts in progress3€260k€312k▲
Stocks30/36€260k€312k▲
Amounts receivable within one year40/41€23k€22k▼
Trade receivables40€23k€22k▼
Cash at bank and in hand54/58€108k€67k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€399k€409k▲
Equity10/15€91k€55k▼
Contributions10/11€25k€25k=
Reserves13€66k€30k▼
Distributable reserves133€66k€30k▼
Amounts payable17/49€308k€354k▲
Amounts payable within one year42/48€308k€354k▲
Trade debts44€47k€101k▲
Suppliers440/4€47k€101k▲
Taxes, remuneration and social security45€37k€21k▼
Taxes450/3€37k€21k▼
Other amounts payable47/48€224k€232k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€824€2k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€23k€39k▲
Operating profit (loss)9901€17k€31k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€147€2k▲
Recurring financial charges65€147€2k▲
Profit (loss) for the period before taxes9903€17k€28k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€11k€19k▲
Profit (loss) for the period to be appropriated9905€11k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€19k▲
Transfer from equity791/2-€55k
Transfer to equity691/2€11k€19k▲
To other reserves6921€11k€19k▲
Profit to be distributed694/7-€55k
Return on contributions (dividend)694-€55k
The notes to these accounts (4 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
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €64k
Net result €64k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.57
Current ratio from 1.06 to 3.57; short-term debt falls from €285k to €31k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lebbeke · 1 establishment unit since 2021
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.
Lange Breestraat 33A9280 LebbekeGround area
773 m²
Building footprint
134 m²
Volume, LiDAR
1 m³
Parcel 42322C1133/00A000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
Golden Estate
since 20212.314.600.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C1133/00A000 | Flanders | 773 m² | 1 · 134 m² | 0.4 m |
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
BT Real Estate
BE 1025.322.959
Elsene · Eq €55k
ARENBERG
BE 0461.184.223
Temse · Eq €55k
GET HOME
BE 0690.924.268
Elsene · Eq €55k
BORDES MERELBEKE
BE 0668.987.026
Merelbeke-Melle · Eq €56k
MEXX International Real Estate
BE 0433.187.647
Ukkel · Eq €55k
Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 4,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2021
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@goldenestate.be
Phone:0471201866