Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GODEFROID from Frameries, company number BE0466357885, closed financial year 2025 with a result of € -91,035 after tax. For that financial year GODEFROID recorded a gross margin of € 2.5 million and equity of € 586,433. Compared with financial year 2024, the result moved from € 97,023 to € -91,035. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 586,433
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,035
▼ still € 97,023 profit in 2024
Profit after tax over the fiscal year.
€ 147,647
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 496,835.
People and assets in 2025
46.9
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 5% vs 2024
€ 48,900 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.
€ 95,750
▲ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 695,970
▼ 13% vs 2024
€ 112,026 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 309,074
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 376,878
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,317,245 | € 2,360,461 | € 2,573,114 | € 2,496,231 | ▼ 3% |
| Profit after taxes | € 7,828 | € -29,992 | € 97,023 | € -91,035 | ▼ € 188,058 |
| Equity | € 585,150 | € 567,747 | € 683,082 | € 586,433 | ▼ 14% |
| Total debts | € 2,159,476 | € 1,911,992 | € 1,727,484 | € 1,814,483 | ▲ 5% |
| Cash | € 366,649 | € 260,775 | € 193,244 | € 147,647 | ▼ 24% |
| Land & buildings | € 1,236,330 | € 1,145,859 | € 1,057,819 | € 1,033,098 | ▼ 2% |
| Retained profit | € 520,839 | € 490,847 | € 587,870 | € 496,835 | ▼ 15% |
| Bank debt | € 522,316 | € 920,541 | € 804,519 | € 695,970 | ▼ 13% |
| Balance sheet total | € 2,744,626 | € 2,479,739 | € 2,410,566 | € 2,400,916 | |
| Employees (FTE) | 45.2 | 46 | 48.3 | 46.9 | ▼ 1.4 |
Key figures of GODEFROID, 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 GODEFROID?
What happened at GODEFROID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 91,035 (▼ € 188,058 vs 2024). Source: NBB ↗
- William Godefroid became a director. NBB
- Jean Godefroid became a director. NBB
- New establishment in Frameries. KBO
- New establishment in Colfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,828 profit in 2022 to € 91,035 loss in 2025.
Paid € 7,214 in corporate taxes since 2022.
Best year ever: 2024, with € 97,023 profit.
On average € 53,200 of value added per employee in 2025.
Management
Behind GODEFROID are William Godefroid and Jean Godefroid. The shares are held by Jean Godefroid.
Directors
According to the 2025 annual accounts
since 2019
since 2019
Shareholders
Jean Godefroid · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Paix 20
7080 Frameries
Rue de l'Incroyable 137
7340 Colfontaine
Active since 13 July 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.357.885
- VAT number
- BE 0466.357.885
- Registered office
- Rue de la Paix 20, 7080 Frameries
- Names & denominations
- GODEFROID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1999
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Industriële bakkerijen
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Industriële vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen