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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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GODEFROOT from Sint-Martens-Latem, company number BE0420238939, closed financial year 2025 with a result of € 50,528 after tax. For that financial year GODEFROOT recorded a gross margin of € 128,309 and equity of € 463,453. Compared with financial year 2024, the result moved from € 50,358 to € 50,528. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 463,453
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,528
Profit after tax over the fiscal year.
€ 24,083
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 393,453.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 78,000
▼ 28% vs 2024
Loans from banks and other lenders, long and short.
€ 913
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,395
▲ 83% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 96,573 | € 114,956 | € 122,978 | € 128,309 | ▲ 4% |
| Profit after taxes | € 34,921 | € 42,809 | € 50,358 | € 50,528 | |
| Equity | € 319,758 | € 362,567 | € 412,925 | € 463,453 | ▲ 12% |
| Total debts | € 361,966 | € 311,449 | € 268,045 | € 186,679 | ▼ 30% |
| Cash | € 274 | € 9,704 | € 21,008 | € 24,083 | ▲ 15% |
| Land & buildings | € 546,540 | € 525,387 | € 522,683 | € 499,652 | ▼ 4% |
| Retained profit | € 249,758 | € 292,567 | € 342,925 | € 393,453 | ▲ 15% |
| Bank debt | € 200,000 | € 178,000 | € 108,000 | € 78,000 | ▼ 28% |
| Balance sheet total | € 681,724 | € 674,016 | € 680,970 | € 650,133 | ▼ 5% |
Key figures of GODEFROOT, 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 GODEFROOT?
What happened at GODEFROOT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,528. Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,921 profit in 2022 to € 50,528 profit in 2025.
Paid € 88,321 in corporate taxes since 2022.
Best year ever: 2025, with € 50,528 profit.
Management
Behind GODEFROOT are Logo Bike BV and Go.Man BV. The same people are also behind GHIORDES and GO.SP.(Godefroot Sport).
Directors
According to the 2025 annual accounts
Director · represented by Christophe Godefroot
Also active at: GHIORDES, GO.SP.(Godefroot Sport)
Director · represented by Peter Godefroot
Also active at: GHIORDES, GO.SP.(Godefroot Sport)
Establishments
Establishment units
Physical locations of this company
Xavier De Cocklaan 36
9831 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.238.939
- VAT number
- BE 0420.238.939
- Registered office
- Xavier De Cocklaan 36, 9831 Sint-Martens-Latem
- Names & denominations
- GODEFROOT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 1980
- Peppol
- Active · Active since 21 Oct 2026