Debts
€3.8m 96% of the balance sheet
Suppliers 14%Taxes and wages 0%Other 86%
GINCO PROJECTS
Lifetime
17 annual accounts with figures on one time axispeak €197,435 (2018)
€71,119▲ €71,835
lowest -€39,028 (2010)
€2,482▲ 826%
peak €155,222 (2025)
€155,222▲ 1.6%
€3.8m▲ 37.4%
peak 8 FTE (2016)
0.8 FTEunchanged
Board3 names since 2015
2 directors and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from -€716 to €71,119Result from €268 to €2,482Debts from €2.7m to €3.8mCash from €1,030 to €114
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,375 companies had the same profile as GINCO PROJECTS has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,375 companies, not a prediction for GINCO PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Diest
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0807122548
Environmental permit granted
Bouwen of herbouwen · Diest
Environmental permit granted
Bouwen of herbouwen, Een grond gebruiken, aanleggen of inrichten, Het reliëf van de bodem aanmerkelijk wijzigen and 2 more · Scherpenheuvel-Zichem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GINCO PROJECTS Diest | €3.9m | €71,119 | 4.0% | 0.8 |
| AKISIO Ciney | €3.5m | €161,100 | 10.3% | 0.7 |
| B & H INTERNATIONAL Antwerp | €2.3m | €76,371 | 48.7% | 1 |
| T & K INVEST Liège | €2.8m | €157,416 | -23.6% | 1 |
| INVESDRIMMO Jalhay | €6.2m | €149,469 | 0.5% | 0.8 |
| RPH Associés Immobilières Arlon | €2.9m | €189,689 | 17.0% | 1 |
| LAFAUT INVESTMENT & DEVELOPMENT Nazareth | €4.7m | €217,642 | 21.3% | 1.1 |
These companies have the same main activity as GINCO PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.3m and €6.2m, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 15-10-2008Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.174.921.4293290 Diest, since 15-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Annual accounts 2025
- ≈ €190,000estimated
- €3.9m▲ 35.5%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on GINCO PROJECTS
GINCO PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from -€7,613 in 2009 to €71,119 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GINCO PROJECTS
- What is the company number of GINCO PROJECTS?
- The company number of GINCO PROJECTS is 0807.122.548. The VAT number is the same number with BE in front: BE 0807.122.548.
- Where is GINCO PROJECTS based?
- The registered office is at Kardinaal Mercierstraat 10, 3290 Diest.Company details
- What does GINCO PROJECTS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of GINCO PROJECTS?
- GINCO PROJECTS is a public limited company (NV).
- When was GINCO PROJECTS founded?
- GINCO PROJECTS was founded on 15-10-2008.
- Is GINCO PROJECTS still active?
- Yes, GINCO PROJECTS is an active enterprise in the KBO register.
- How many employees does GINCO PROJECTS have?
- GINCO PROJECTS had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GINCO PROJECTS fall under?
- In its 2025 annual accounts, GINCO PROJECTS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of GINCO PROJECTS?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €71,119 and 48 comparable companies (NACE 681). It probably lies between €96,000 and €440,000.
- Is GINCO PROJECTS profitable?
- In financial year 2025, GINCO PROJECTS made a profit of €2,482.
- Where can I find the annual accounts of GINCO PROJECTS?
- GINCO PROJECTS filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GINCO PROJECTS due?
- GINCO PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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