Terrassements GOHY Frédéric
ActiveSummary
Terrassements GOHY Frédéric has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €210k and a net result of €23k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+6
Solvency59▲+3
Growth60▲+19
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.32 in 2023; short-term debt: 40.5% and cash: 8.1% of total assets), and 65.9% 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 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
47 d early
2022
33 d early
2021
30 d late
2020
32 d early
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€433k▲ 8.0%
2023 · €401k
2018: €501k
2019: €382k
2020: €360k
2021: €562k
2022: €608k
2023: €401k
2018 → 2024
EBIT margin
9.3%▲ 10.7pp
2023 · -1.5%
2018: 4.7%
2019: -0.8%
2020: 6.0%
2021: 7.8%
2022: 3.5%
2023: -1.5%
2018 → 2024
Net result
€23k
2023 · €-5k
2018: €13k
2019: €53
2020: €23k
2021: €39k
2022: €14k
2023: €-5k
2018 → 2024
Working capital
€-148k▲ 4.6%
2023 · €-155k
2018: €-169k
2019: €-138k
2020: €-162k
2021: €-151k
2022: €-149k
2023: €-155k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€360k-€562k▲ 56.0%€608k▲ 8.2%€401k▼ 34.0%€433k▲ 8.0%
Equity€145k-€180k▲ 23.9%€190k▲ 5.5%€190k=€210k▲ 10.6%
Operating result€22k-€44k▲ 102%€21k▼ 51.7%€-6k€40k
Net result€23k-€39k▲ 67.4%€14k▼ 64.8%€-5k€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €40k after a loss of €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €617k
Fixed assets
€516k ▼ 5.2%
Current assets
€101k ▲ 39.0%
Equity and liabilities €617k
Equity
€210k ▲ 10.6%
Debt
€407k ▼ 4.7%
Debt's share of the balance-sheet total falls from 69.2% to 65.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▲
2023 · €74k
Cash flow
€90k▲
2023 · €75k
Current ratio
0.41▲
2023 · 0.32
Debt to equity
1.94▼
2023 · 2.24
ROE
10.8%▲
2023 · -2.7%
ROA
3.7%▲
2023 · -0.8%
Interest coverage
9.81▼
2023 · 10.85
Debt ≤ 1 year
€250k▲
2023 · €228k
Debt > 1 year
€157k▼
2023 · €199k
Income taxes
€9k
Staff costs
€105k▲
2023 · €76k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€617k€617k=
Fixed assets21/28€544k€516k▼
Tangible fixed assets22/27€538k€510k▼
Land and buildings22€283k€272k▼
Plant, machinery and equipment23€211k€180k▼
Furniture and vehicles24€44k€58k▲
Financial fixed assets28€6k€6k▼
Current assets29/58€73k€101k▲
Amounts receivable within one year40/41€61k€49k▼
Trade receivables40€34k€34k▼
Other amounts receivable41€26k€15k▼
Cash at bank and in hand54/58€11k€50k▲
Deferred charges and accrued income490/1€940€2k▲
Equity and liabilities
Total equity and liabilities10/49€617k€617k=
Equity10/15€190k€210k▲
Contributions10/11€14k€14k=
Reserves13€14k€36k▲
Distributable reserves133€14k€36k▲
Profit (loss) carried forward14€134k€134k=
Investment grants15€28k€26k▼
Amounts payable17/49€427k€407k▼
Amounts payable after more than one year17€199k€157k▼
Financial debts170/4€199k€157k▼
Amounts payable within one year42/48€228k€250k▲
Current portion of amounts payable after more than one year42€84k€74k▼
Trade debts44€107k€132k▲
Suppliers440/4€107k€132k▲
Taxes, remuneration and social security45€24k€15k▼
Taxes450/3€9k€7k▼
Remuneration and social security454/9€15k€8k▼
Other amounts payable47/48€13k€29k▲
Income statement
Code20232024
Turnover70€401k€433k▲
Goods, raw materials, services and sundry goods60/61€253k€231k▼
Remuneration, social security and pensions62€76k€105k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€67k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€156k€219k▲
Operating profit (loss)9901€-6k€40k▲
Financial income75/76B€8k€3k▼
Recurring financial income75€8k€3k▼
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€-5k€32k▲
Income taxes67/77-€9k
Profit (loss) for the period9904€-5k€23k▲
Profit (loss) for the period to be appropriated9905€-5k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€134k€157k▲
Profit (loss) brought forward from the previous period14P€139k€134k▼
Transfer to equity691/2-€23k
To other reserves6921-€23k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Equity above €200kEq €210k ▲10.6%
Equity rises from €190k to €210k.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k ▼137%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €39k ▲67.4%
Operating result €44k, net result €39k, both a record.
31-12
Financial
Equity above €150kEq €180k ▲23.9%
4 profitable years in a row build equity to €180k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Show earlier events
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Jalhay · 2 establishment units since 2009
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.
Wayai(SART) 84845 JalhayGround area
1,382 m²
Building footprint
281 m²
Volume, LiDAR
2,124 m³
2 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
TERRASSEMENTS GOHY FREDERIC
since 20092.178.060.467
Terrassements GOHY Frédéric SPRL
since 20152.316.046.333
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068B0790/00E000 | Wallonia | 1,072 m² | 1 · 81 m² | 10.1 m · 3 fl. |
| 63068A0811/00N000 | Wallonia | 310 m² | 1 · 199 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
PINO CARDELLA TERRASSEMENTS
BE 0627.847.346
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COLMAN
BE 1003.742.934
Beveren-Kruibeke-Zwijndrecht · Eq €210,118
Grondwerken Peys
BE 0755.467.474
Laakdal · Eq €210,616
BATI-TOUT
BE 0835.273.928
Evere · Eq €209,791
VERHOFSTE
BE 0451.160.163
Gent · Eq €209,614
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,586 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
Founded11-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
36000Water collection, treatment and supply
43130Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.