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STUDIEBUREAU GOEGEBEUR

Active
Private limited companyfounded 200124 yrs activeKestelstraat 2, 9880 Aalter, BelgiumKBO/BCE: BE 0476.123.510
Summary

STUDIEBUREAU GOEGEBEUR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €629k and a net result of €43k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 57% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-22
Solvency78▲+6
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.74 in 2024; short-term debt: 44.3% and cash: 20.5% of total assets), and 47.1% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.9%
Return on assets
3.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €629k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
27 d early
2023
27 d early
2022
49 d early
2021
31 d early
2020
18 d early
2019
22 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€629k▲ 4.7%
2024 · €601k
2018: €606k 2019: €703k 2020: €798k 2021: €460k 2022: €504k 2023: €545k 2024: €601k
2018 → 2025
Total assets
€1.19M▼ 7.1%
2024 · €1.28M
2018: €851k 2019: €897k 2020: €1.07M 2021: €1.20M 2022: €1.26M 2023: €1.21M 2024: €1.28M
2018 → 2025
Net result
€43k▼ 68.3%
2024 · €136k
2018: €95k 2019: €117k 2020: €139k 2021: €22k 2022: €99k 2023: €41k 2024: €136k
2018 → 2025
Working capital
€528k▲ 12.6%
2024 · €469k
2018: €516k 2019: €618k 2020: €731k 2021: €351k 2022: €388k 2023: €438k 2024: €469k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€460k-€504k▲ 9.5%€545k▲ 8.1%€601k▲ 10.3%€629k▲ 4.7%
Operating result€32k-€138k▲ 335%€85k▼ 38.0%€189k▲ 122%€83k▼ 56.1%
Net result€22k-€99k▲ 353%€41k▼ 58.7%€136k▲ 234%€43k▼ 68.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €32k€32kNet result 2021: €22k€22kOperating result 2022: €138k€138kNet result 2022: €99k€99kOperating result 2023: €85k€85kNet result 2023: €41k€41kOperating result 2024: €189k€189kNet result 2024: €136k€136kOperating result 2025: €83k€83kNet result 2025: €43k€43k20212022202320242025€0€50k€100k€150k€200kOperating result 2023: €85k€85kNet result 2023: €41k€41kOperating result 2024: €189k€189kNet result 2024: €136k€136kOperating result 2025: €83k€83kNet result 2025: €43k€43k202320242025
The operating result falls in 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets €133k ▼ 24.4%
Current assets €1.06M ▼ 4.3%
Equity and liabilities €1.19M
Equity €629k ▲ 4.7%
Debt €559k ▼ 17.5%
Debt's share of the balance-sheet total falls from 53.0% to 47.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€135k
2024 · €238k
Cash flow
€95k
2024 · €185k
Current ratio
2.00
2024 · 1.74
Quick ratio
1.37
2024 · 1.19
Debt to equity
0.89
2024 · 1.13
ROE
6.9%
2024 · 22.7%
ROA
3.6%
2024 · 10.7%
Interest coverage
4.45
2024 · 7.18
Debt ≤ 1 year
€527k
2024 · €634k
Debt > 1 year
€6k
2024 · €21k
Income taxes
€16k
2024 · €26k
Staff costs
€579k
2024 · €567k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.28M€1.19M
Fixed assets21/28€176k€133k
Intangible fixed assets21€2k€887
Tangible fixed assets22/27€174k€132k
Land and buildings22€17k€9k
Plant, machinery and equipment23€43k€33k
Furniture and vehicles24€69k€51k
Other tangible fixed assets26€45k€40k
Current assets29/58€1.10M€1.06M
Stocks and contracts in progress3€349k€334k
Contracts in progress37€349k€334k
Amounts receivable within one year40/41€280k€151k
Trade receivables40€268k€139k
Other amounts receivable41€11k€12k
Current investments50/53€200k€300k
Cash at bank and in hand54/58€246k€244k
Deferred charges and accrued income490/1€28k€27k
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.19M
Equity10/15€601k€629k
Contributions10/11€20k€20k=
Reserves13€581k€609k
Distributable reserves133€581k€609k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€678k€559k
Amounts payable after more than one year17€21k€6k
Financial debts170/4€21k€6k
Amounts payable within one year42/48€634k€527k
Current portion of amounts payable after more than one year42€29k€15k
Financial debts43€59k€64k
Credit institutions430/8€59k€64k
Trade debts44€51k€44k
Suppliers440/4€51k€44k
Taxes, remuneration and social security45€144k€105k
Taxes450/3€49k€20k
Remuneration and social security454/9€95k€85k
Other amounts payable47/48€352k€299k
Accrued charges and deferred income492/3€23k€26k
Income statement Code20242025
Non-recurring operating income76A€1k€413
Remuneration, social security and pensions62€567k€579k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€52k
Other operating charges640/8€20k€4k
Non-recurring operating charges66A€0-
Gross operating margin9900€826k€718k
Operating profit (loss)9901€189k€83k
Financial income75/76B€6k€7k
Recurring financial income75€6k€7k
Financial charges65/66B€33k€30k
Recurring financial charges65€33k€30k
Profit (loss) for the period before taxes9903€162k€59k
Income taxes67/77€26k€16k
Profit (loss) for the period9904€136k€43k
Profit (loss) for the period to be appropriated9905€136k€43k
Appropriation of the result
Profit (loss) to be appropriated9906€136k€43k
Transfer to equity691/2€56k€28k
To other reserves6921€56k€28k
Profit to be distributed694/7€80k€15k
Directors or managers695€80k€15k
Social balance
Average headcount (FTE)90878.28.0

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €500kEq €504k ▲9.5%
5 profitable years in a row build equity to €504k.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €22k ▼84.3%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €139k ▲19.1%
Net result €139k, the highest in the series.
09-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
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
4 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, Aalter · 1 establishment unit since 2001
establishment The establishment unit on the map
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.

Kestelstraat 29880 Aalter
Ground area
1,830 m²
Building footprint
304 m²
Volume, LiDAR
415 m³
Parcel 44502C1081/00C000, Flanders · tallest building 9.6 m. Linked by address, not a title deed.
1 establishment unit
Kestelstraat 2, 9880 Aalter
Other professional, scientific and technical activities
since 20012.228.858.674
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44502C1081/00C000 Flanders 1,830 m² 1 · 304 m² 9.6 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 4,339 EUR awarded · 4,339 EUR paid
Year Entries awardedpaid
2025 1 1,476 EUR1,476 EUR
2024 1 1,394 EUR1,394 EUR
2023 1 263 EUR263 EUR
2022 1 1,206 EUR1,206 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 4,339 EUR · 4,339 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,758 companies in sector 71122 we hold annual accounts for 770. 489 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.