ACTIVE

GOETHALS

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Financial year 2025 · closed on 31/12/2025
Net result
109,5 k €
+130.6% YoY
Gross margin
191 k €
+103.3% YoY
Equity
705,5 k €
+18.4% YoY

What does GOETHALS do?

GOETHALS is a Private limited company incorporated in 2001. Its main activity is: Painting and glazing. Its registered office is in Waregem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0474.181.728
Incorporation
26/02/2001
Legal form
Private limited company
Registered office
Spinnerijstraat 47D
8793 Waregem · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
43341Painting and glazing· main43341Painting and glazing43230Electrical, plumbing and other construction installation activities43291Other construction installation43992Other specialised construction activities n.e.c.81220Other building and industrial cleaning activities
Joint committees (2)
  • 124
  • 1240
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin191 k €94 k €242,9 k €346,5 k €367,9 k €315,9 k €242,1 k €222,4 k €207,6 k €298,1 k €215 k €261 k €287,4 k €260,5 k €425,3 k €355,3 k €304,4 k €350 k €229,2 k €256,1 k €
EBITDA188,1 k €89,3 k €113,7 k €122,9 k €130 k €109,1 k €57,7 k €51,7 k €34,3 k €103,4 k €-12,7 k €50,8 k €39,1 k €25,4 k €148,9 k €116,8 k €94,7 k €140,1 k €59,9 k €115,9 k €
Operating result166,9 k €68,8 k €94,6 k €82,7 k €107,5 k €98 k €32,6 k €24,4 k €17,4 k €68,1 k €-40,3 k €21,1 k €17,6 k €4,2 k €117 k €81,6 k €56,1 k €100 k €18,1 k €75 k €
Net result109,5 k €47,5 k €61,3 k €56 k €64,5 k €75,8 k €19,3 k €18,5 k €8,8 k €45,1 k €-46 k €11 k €5,8 k €-8,8 k €76,9 k €57,9 k €33,3 k €61,3 k €8,7 k €46,2 k €
Balance sheet
Equity705,5 k €595,9 k €548,4 k €487,1 k €431,1 k €366,6 k €290,8 k €272,4 k €253,8 k €245 k €199,9 k €245,9 k €234,8 k €229,1 k €237,9 k €260,9 k €203,1 k €169,7 k €108,5 k €99,8 k €
Total assets933,5 k €860,7 k €822,3 k €918,9 k €900,4 k €763,3 k €616,3 k €627,9 k €370,5 k €360,9 k €332,9 k €370,6 k €420,4 k €452,5 k €461,7 k €443 k €432 k €416,2 k €361,1 k €332,3 k €
Cash208,6 k €257,3 k €350,4 k €140,5 k €152,4 k €183,6 k €156,2 k €150,8 k €182,7 k €224 k €151,5 k €189,2 k €249 k €20,4 k €90 k €60,2 k €245,3 k €195,4 k €145,5 k €122,6 k €
Debts219,9 k €264,8 k €273,9 k €431,9 k €469,3 k €396,7 k €325,5 k €355,5 k €74,6 k €115,8 k €133 k €124,8 k €185,5 k €223,5 k €223,9 k €182,1 k €229 k €246,5 k €252,2 k €232,6 k €
Other
Workforce––––––––––6,3 ETP6,0 ETP7,0 ETP7,3 ETP7,0 ETP6,8 ETP6,1 ETP6,2 ETP5,3 ETP4,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Bruno Goethals

Director

Active

Ended mandates

BRUNO GOETHALS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202623/06/202527/06/202427/06/202324/06/202229/06/2021
General meeting20/06/202620/06/202520/06/202420/06/202320/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/06/202622/06/2026DutchPDF
Micro model31/12/202420/06/202523/06/2025DutchPDF
Micro model31/12/202320/06/202427/06/2024DutchPDF
Micro model31/12/202220/06/202327/06/2023DutchPDF
Micro model31/12/202120/06/202224/06/2022DutchPDF
Micro model31/12/202021/06/202129/06/2021DutchPDF
Micro model31/12/201920/06/202029/06/2020DutchPDF
Micro model31/12/201820/06/201925/06/2019DutchPDF
Micro model31/12/201720/06/201828/06/2018DutchPDF
Micro model31/12/201620/06/201728/07/2017DutchPDF
Abridged model31/12/201520/06/201628/06/2016DutchPDF
Abridged model31/12/201420/06/201522/06/2015DutchPDF
Abridged model31/12/201320/06/201401/07/2014DutchPDF
Abridged model31/12/201220/06/201327/06/2013DutchPDF
Abridged model31/12/201121/06/201225/07/2012DutchPDF
Abridged model31/12/201020/06/201130/06/2011DutchPDF
Abridged model31/12/200921/06/201027/07/2010DutchPDF
Abridged model31/12/200820/06/200923/06/2009DutchPDF
Abridged model31/12/200720/06/200825/06/2008DutchPDF
Abridged model31/12/200620/06/200728/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Bruno Goethals

Director

Active

Ended mandates

BRUNO GOETHALS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/11/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office03/12/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office12/04/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/01/2017
    DOEL
    PDF
  • Registered office27/09/2004
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/08/2003
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025109,5 k €↑
  2. 2024
    Annual accounts 202447,5 k €↓
  3. 2023
    Annual accounts 202361,3 k €↑
  4. 2022
    Annual accounts 202256 k €↓
  5. 2021
    Annual accounts 202164,5 k €↓
  6. 2020
    Annual accounts 202075,8 k €↑
  7. 2019
    Annual accounts 201919,3 k €↑
  8. 2018
    Annual accounts 201818,5 k €↑
  9. 2017
    Annual accounts 20178,8 k €↓
  10. 2016
    Annual accounts 201645,1 k €↑
  11. 2015
    Annual accounts 2015-46 k €↓
  12. 2014
    Annual accounts 201411 k €↑
  13. 2013
    Annual accounts 20135,8 k €↑
  14. 2012
    Annual accounts 2012-8,8 k €↓
  15. 2011
    Annual accounts 201176,9 k €↑
  16. 2010
    Annual accounts 201057,9 k €↑
  17. 2009
    Annual accounts 200933,3 k €↓
  18. 2008
    Annual accounts 200861,3 k €↑
  19. 2007
    Annual accounts 20078,7 k €↓
  20. 2006
    Annual accounts 200646,2 k €
  21. 26/02/2001
    IncorporationPrivate limited company