Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GOLINVAUX from Bertrix, company number BE0415824647, closed financial year 2025 with a result of € -552,498 after tax. For that financial year GOLINVAUX recorded a gross margin of € 311,511 and equity of € -185,773. Compared with financial year 2024, the result moved from € 35,236 to € -552,498. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -185,773
▼ € 552,498 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -552,498
▼ still € 35,236 profit in 2024
Profit after tax over the fiscal year.
€ 88,092
▲ 113% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -250,112.
People and assets in 2025
13.5
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 743,713
▲ 10% vs 2024
€ 55,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 132,283
▲ 257% vs 2024
Of which on lease € 46,088.
Debts at end 2025
€ 813,652
▲ 194% vs 2024
€ 69,517 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 691,874
▲ € 592,585 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 108,606
▲ 132% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 940,420 | € 966,364 | € 816,301 | € 311,511 | ▼ 62% |
| Profit after taxes | € 30,858 | € 35,655 | € 35,236 | € -552,498 | ▼ € 587,734 |
| Equity | € 329,517 | € 365,172 | € 366,725 | € -185,773 | ▼ € 552,498 |
| Total debts | € 899,601 | € 779,040 | € 503,797 | € 1,642,385 | ▲ 226% |
| Cash | € 151,779 | € 42,559 | € 41,299 | € 88,092 | ▲ 113% |
| Land & buildings | - | - | € 7,445 | € 4,778 | ▼ 36% |
| Retained profit | € 265,178 | € 300,833 | € 302,387 | € -250,112 | ▼ € 552,498 |
| Dividend | € 0 | € 0 | € 33,683 | € 0 | ▼ 100% |
| Bank debt | € 598,099 | € 456,137 | € 276,822 | € 813,652 | ▲ 194% |
| Balance sheet total | € 1,229,118 | € 1,144,212 | € 870,523 | € 1,456,612 | ▲ 67% |
| Employees (FTE) | 14.8 | 14.5 | 14.7 | 13.5 | ▼ 1.2 |
Key figures of GOLINVAUX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GOLINVAUX?
What happened at GOLINVAUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 552,498 (▼ € 587,734 vs 2024). filed late Source: NBB ↗
- XL MANAGEMENT became a director. NBB
- Colette Golinvaux stepped down as director. NBB
- New establishment in Bertrix. KBO
- New establishment in Bertrix. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,858 profit in 2022 to € 552,498 loss in 2025.
Paid € 48,413 in corporate taxes since 2022.
Best year ever: 2023, with € 35,655 profit.
On average € 23,100 of value added per employee in 2025.
Management
The stake of XL MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GOLINVAUXBehind GOLINVAUX is XL MANAGEMENT. The shares are held by XL MANAGEMENT (100%).
Directors
According to the 2025 annual accounts
since 2025
Colette Golinvaux
Director
Also active at: GROUP S - SECRETARIAT SOCIAL, SECRETARIAT SOCIAL AGREE D'EMPLOYEURS, Group S-Caisse d'assurances sociales pour indépendants a.s.b.l, CAISSE NATIONALE PATRONALE POUR LES CONGES PAYES DANS L'INDUSTRIE DU BATIMENT ET DES TRAVAUX PUBLICS NATIONALE PATROONSKAS VOOR HET BETAALD VERLOF IN DE BOUWBE, AKT - CCI Luxembourg Belge, GROUP S, IMMO CORETTES, WH ARTS 20, IMMAGEST
· until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Corettes 36
6880 Bertrix
Rue des Corettes 36 B
6880 Bertrix
Active since 28 November 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0415.824.647
- VAT number
- BE 0415.824.647
- Registered office
- Rue des Corettes 36, 6880 Bertrix
- Names & denominations
- GOLINVAUX · GOLINVAUX R SRL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 1976
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies