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 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GOTECO from Oostende, company number BE0473125913, closed financial year 2025 with a result of € 58,572 after tax. For that financial year GOTECO recorded a gross margin of € 150,670 and equity of € 473,359. Compared with financial year 2024, the result moved from € 66,500 to € 58,572. The company is profitable. 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 June 29, 2026.
€ 473,359
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,572
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 15,497
▼ 1% 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 € 389,767.
People and assets in 2025
€ 44,461
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 64,006
▼ 47% vs 2024
€ 56,137 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 3,653
▲ 180% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,006
▲ 13% 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 | € 66,207 | € 81,845 | € 161,798 | € 150,670 | ▼ 7% |
| Profit after taxes | € 11,967 | € 18,409 | € 66,500 | € 58,572 | ▼ 12% |
| Equity | € 329,878 | € 348,287 | € 414,787 | € 473,359 | ▲ 14% |
| Total debts | € 760,176 | € 727,851 | € 673,278 | € 573,768 | ▼ 15% |
| Cash | € 26,964 | € 9,455 | € 15,613 | € 15,497 | ▼ 1% |
| Land & buildings | € 1,084,583 | € 1,083,602 | € 1,047,135 | € 1,006,518 | ▼ 4% |
| Retained profit | € 246,286 | € 264,695 | € 331,195 | € 389,767 | ▲ 18% |
| Bank debt | € 167,366 | € 122,536 | € 120,877 | € 64,006 | ▼ 47% |
| Balance sheet total | € 1,126,796 | € 1,111,676 | € 1,122,399 | € 1,080,256 | ▼ 4% |
Key figures of GOTECO, 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 GOTECO?
What happened at GOTECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 58,572 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,967 profit in 2022 to € 58,572 profit in 2025.
Paid € 84,874 in corporate taxes since 2022.
Best year ever: 2024, with € 66,500 profit.
Management
Behind GOTECO is Joris Goemaere.
Directors
According to the 2025 annual accounts
Joris Goemaere
Manager
Establishments
Establishment units
Physical locations of this company
Zeedijk 161 B box 402
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.125.913
- VAT number
- BE 0473.125.913
- Registered office
- Zeedijk 161 B bus 402, 8400 Oostende
- Names & denominations
- GOTECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2000
- Peppol
- Active · Active since 4 Oct 2025
- Activities · NACE
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