GINCO PROJECTS
ActiveSummary
GINCO PROJECTS has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155,222 and a net result of €2,482. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 17% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Development of residential building projects
NACE 68121
8th largest company by total assets in Diest, Real estate sector1 site
Size
€3.9mtotal assets 2025
- Staff
- 0.8 FTE
- Equity
- €155,222
- Profit
- €2,482
Structure
- Cathérine VERMEULENManaging director
- Olivier HENDRICKXManaging director
2025 accounts 1 day early1 of 5 deeds summarised
Why 65raises riskLiquidity: current ratio 0.99, cash €114, halved1 of the last 3 lateEquity €155,222 (4.0% of total assets)lowers riskSize: 0.8 FTE, total assets €3.9mShow the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 26% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency
29-1
equity 4.0% of total assets
Liquidity
0=
short-term debt 96.0% · cash 0.0%
Profitability
32+13
return on assets 0.1%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● unchanged vs 11-2024
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.2%▲ +0.2 percentage points vs 02-2025
04-2025: 1.1%▼ -0.1 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.2%▲ +0.1 percentage points vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 1.9%▲ +0.5 percentage points vs 07-2025
09-2025: 2.2%▲ +0.3 percentage points vs 08-2025
10-2025: 3.1%▲ +0.9 percentage points vs 09-2025highest value
11-2025: 1.2%▼ -1.9 percentage points vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.4%▲ +0.2 percentage points vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 1.0%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 1.0%● unchanged vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, compared with 0.98 in 2024, below 1; short-term debt: 96% and cash: 0% of total assets), and 96% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 25% on solvency, 1% on liquidity, 28% on profitability and 51% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 5767 sector peers (2025).
NBB · sector comparisonPosition among 5767 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
61 days late
2023
27 days late
2022
29 days late
2021
31 days late
2020
89 days late
2019
67 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2025, full format
In the rankings
#8 company by total assets in Diest, Real estate sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,482▲ 826%
2024 · €268
Working capital
-€19,584▲ 55.3%
2024 · -€43,806
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €14,119 in 2025 against €50,731 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.01m
2025
Net result€0.002m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.9m
2025
Equity€0.2m
2025
Debt€3.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.02m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency4.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.99
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.1m--€0.02m€0.007m€0.1m▲ 19×€0.07m▼ 45.4%€0.04m▼ 51.6%-€0.05m-€0.01m▲ 72.2%
Net result€0.01m--€0.03m€254within the sector's middle half€0.07mwithin the sector's middle half▲ 264×€0.06mwithin the sector's middle half▼ 13.5%€0.02mwithin the sector's middle half▼ 65.6%€268within the sector's middle half▼ 98.7%€0.002mwithin the sector's middle half▲ 826%
Equity€0.09m-€0.06m▼ 34.7%€0.06mbelow the sector's middle half▲ 0.4%€0.1mwithin the sector's middle half▲ 117%€0.1mwithin the sector's middle half▲ 6.5%€0.2mwithin the sector's middle half▲ 15.1%€0.2mwithin the sector's middle half▲ 0.2%€0.2mwithin the sector's middle half▲ 1.6%
Total assets€5.4m-€5.5m▲ 1.9%€4.2mwithin the sector's middle half▼ 23.4%€3.7mwithin the sector's middle half▼ 12.0%€3.1mwithin the sector's middle half▼ 16.9%€2.8mwithin the sector's middle half▼ 10.5%€2.9mwithin the sector's middle half▲ 4.2%€3.9mwithin the sector's middle half▲ 35.5%
Debt€5.3m-€5.5m▲ 2.5%€4.2m▼ 23.6%€3.6m▼ 13.7%€3.0m▼ 17.7%€2.6m▼ 11.6%€2.7m▲ 4.4%€3.8m▲ 37.4%
Working capital€0.4m-€0.2m▼ 55.0%€0.02mwithin the sector's middle half▼ 85.9%€0.1mwithin the sector's middle half▲ 307%€0.1mwithin the sector's middle half▲ 17.0%€0.1mwithin the sector's middle half▲ 9.4%-€0.04mwithin the sector's middle half-€0.02mwithin the sector's middle half▲ 55.3%
Solvency1.6%-1.0%▼ 0.6pp1.4%below the sector's middle half▲ 0.3pp3.3%below the sector's middle half▲ 2.0pp4.3%below the sector's middle half▲ 0.9pp5.5%below the sector's middle half▲ 1.2pp5.3%below the sector's middle half▼ 0.2pp4.0%below the sector's middle half▼ 1.3pp
Current ratio1.08-1.03▼ 0.041.01within the sector's middle half▼ 0.031.03within the sector's middle half▲ 0.021.04within the sector's middle half▲ 0.011.05within the sector's middle half▲ 0.010.98within the sector's middle half▼ 0.060.99within the sector's middle half▲ 0.01
Return on assets (ROA)0.2%--0.5%▼ 0.7pp0.0%within the sector's middle half▲ 0.6pp1.8%within the sector's middle half▲ 1.8pp1.9%within the sector's middle half▲ 0.1pp0.7%within the sector's middle half▼ 1.2pp0.0%within the sector's middle half▼ 0.7pp0.1%within the sector's middle half▲ 0.1pp
Staff (FTE)0.8-0.8=0.8below the sector's middle half=0.8below the sector's middle half=0.8within the sector's middle half=0.8within the sector's middle half=0.8within the sector's middle half=0.8within the sector's middle half=
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.9m
Fixed assets
€174,806 ▼ 11.1%
Current assets
€3.7m ▲ 38.9%
Equity and liabilities €3.9m
Equity
€155,222 ▲ 1.6%
Debt
€3.8m ▲ 37.4%
Debt's share of the balance-sheet total rises from 94.7% to 96.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9,617▲
2024 · -€44,400
Cash flow
€26,218▲
2024 · €6,599
Quick ratio
0.11▼
2024 · 0.29
Debt to equity
24.20▲
2024 · 17.90
ROE
1.6%▲
2024 · 0.2%
Interest coverage
1.64▲
2024 · -6.14
Debt ≤ 1 year
€3.8m▲
2024 · €2.7m
Income taxes
€8,575▲
2024 · €5,236
Staff costs
€41,938▲
2024 · €36,918
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.2%
went bankrupt
1.6%
stopped otherwise
95.9%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,375 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €29,555 | €27,254 | €31,422 | €36,918 | €41,938 | ▲ 13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,691 | €25,711 | €25,128 | €22,119 | €21,452 | €9,521 | €6,331 | €23,736 | ▲ 275% |
| Other operating charges640/8 | - | - | - | €6,332 | €6,282 | €5,246 | €6,765 | €19,564 | ▲ 189% |
| Gross operating margin9900 | €197,435 | €37,657 | €68,194 | €195,052 | €129,864 | €82,393 | -€716 | €71,119 | - |
| Operating profit (loss)9901 | €138,668 | -€24,308 | €7,066 | €137,045 | €74,876 | €36,205 | -€50,731 | -€14,119 | ▲ 72.2% |
| Financial income75/76B | - | - | - | €5,146 | €1 | €292 | €63,470 | €31,044 | ▼ 51.1% |
| Recurring financial income75 | €25,071 | €4,727 | €4,068 | €5,146 | €1 | €292 | €63,470 | €31,044 | ▼ 51.1% |
| Financial charges65/66B | - | - | - | €46,475 | €4,050 | €4,253 | €7,235 | €5,868 | ▼ 18.9% |
| Recurring financial charges65 | €141,664 | €9,230 | €9,677 | €46,475 | €4,050 | €4,253 | €7,235 | €5,868 | ▼ 18.9% |
| Profit (loss) for the period before taxes9903 | €22,076 | -€28,811 | €1,457 | €95,717 | €70,828 | €32,245 | €5,504 | €11,057 | ▲ 101% |
| Income taxes67/77 | €11,670 | €1,424 | €1,203 | €28,539 | €12,739 | €12,271 | €5,236 | €8,575 | ▲ 63.8% |
| Profit (loss) for the period9904 | €10,406 | -€30,235 | €254 | €67,178 | €58,089 | €19,974 | €268 | €2,482 | ▲ 826% |
| Profit (loss) for the period to be appropriated9905 | €10,406 | -€30,235 | €254 | €67,178 | €58,089 | €19,974 | €268 | €2,482 | ▲ 826% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.4m | €5.5m | €4.2m | €3.7m | €3.1m | €2.8m | €2.9m | €3.9m | ▲ 35.5% |
| Fixed assets21/28 | €0.09m | €0.08m | €0.06m | €0.04m | €0.02m | €0.03m | €0.2m | €0.2m | ▼ 11.1% |
| Tangible fixed assets22/27 | €0.09m | €0.08m | €0.06m | €0.04m | €0.02m | €0.03m | €0.2m | €0.2m | ▼ 11.1% |
| Plant, machinery and equipment23 | - | - | - | €0.006m | €0.003m | €470 | €0.2m | €0.2m | ▼ 10.1% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.01m | €0.03m | €0.02m | €0.02m | ▼ 19.5% |
| Current assets29/58 | €5.3m | €5.4m | €4.2m | €3.7m | €3.1m | €2.7m | €2.7m | €3.7m | ▲ 38.9% |
| Stocks and contracts in progress3 | €5.3m | €5.1m | €4.1m | €3.7m | €1.9m | €2.0m | €1.9m | €3.3m | ▲ 74.5% |
| Stocks30/36 | - | - | - | €3.7m | €1.9m | €2.0m | €1.9m | €3.3m | ▲ 74.5% |
| Amounts receivable within one year40/41 | €0.01m | €0.3m | €0.05m | €12 | €1.2m | €0.8m | €0.8m | €0.4m | ▼ 48.0% |
| Trade receivables40 | - | - | - | - | €1.2m | €0.8m | €0.8m | €0.3m | ▼ 61.9% |
| Other amounts receivable41 | - | - | - | €12 | €87 | €87 | €87 | €0.1m | ▲ 1,251× |
| Cash at bank and in hand54/58 | €0.03m | €0.003m | €0.008m | - | €475 | €0.002m | €0.001m | €114 | ▼ 88.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €0.003m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.4m | €5.5m | €4.2m | €3.7m | €3.1m | €2.8m | €2.9m | €3.9m | ▲ 35.5% |
| Equity10/15 | €0.09m | €0.06m | €0.06m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 1.6% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.06m | ▲ 452% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | - | - | - | - | €0.05m | - |
| Profit (loss) carried forward14 | -€0.01m | -€0.04m | -€0.04m | €0.01m | €0.02m | €0.04m | €0.04m | - | - |
| Amounts payable17/49 | €5.3m | €5.5m | €4.2m | €3.6m | €3.0m | €2.6m | €2.7m | €3.8m | ▲ 37.4% |
| Amounts payable after more than one year17 | €0.4m | €0.2m | €0.03m | €0.01m | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.01m | - | - | - | - | - |
| Amounts payable within one year42/48 | €5.0m | €5.3m | €4.1m | €3.6m | €3.0m | €2.6m | €2.7m | €3.8m | ▲ 37.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.04m | - | - | - |
| Financial debts43 | - | - | - | €439 | €0.001m | - | - | - | - |
| Credit institutions430/8 | - | - | - | €439 | €0.001m | - | - | - | - |
| Trade debts44 | €0.9m | €2.0m | €1.0m | €1.1m | €0.003m | €0.004m | €0.07m | €0.5m | ▲ 678% |
| Suppliers440/4 | - | - | - | €1.1m | €0.003m | €0.004m | €0.07m | €0.5m | ▲ 678% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.4m | €0.05m | €0.02m | €0.02m | ▼ 29.7% |
| Taxes450/3 | - | - | - | €0.2m | €0.4m | €0.05m | €0.02m | €0.02m | ▼ 29.7% |
| Remuneration and social security454/9 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €2.2m | €2.6m | €2.5m | €2.6m | €3.2m | ▲ 21.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,406 | -€30,235 | €254 | €67,178 | €58,089 | €19,974 | €268 | €2,482 | ▲ 826% |
| + Depreciation and write-downs630 | €23,691 | €25,711 | €25,128 | €22,119 | €21,452 | €9,521 | €6,331 | €23,736 | ▲ 275% |
| Operating cash flow (approximation) | €34,096 | -€4,523 | €25,382 | €89,297 | €79,541 | €29,494 | €6,599 | €26,218 | ▲ 297% |
| Investment in fixed assets (approximation) | - | -€25,238 | -€1,295 | €0 | €0 | -€18,648 | -€176,541 | -€1,996 | ▲ 98.9% |
| Change in cash | - | -€21,965 | €4,543 | - | - | €1,547 | -€993 | -€915 | ▲ 7.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 30-07-2026 | 2026-00356863 |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00523097 |
| 31-12-2023 | abbreviated format | 27-08-2024 | 2024-00387180 |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00371422 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20376101 |
| 31-12-2020 | abbreviated format | 28-10-2021 | 2021-74400403 |
| 31-12-2019 | abbreviated format | 06-10-2020 | 2020-59400492 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-57600270 |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-41800601 |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-54300138 |
Similar companies · same sector, comparable size
Pegase Invest
BE 0684.950.355
Chaudfontaine · equity €155,231
IMMO LAMMERTYN
BE 0450.337.247
Lendelede · equity €155,162
TIMOW
BE 0723.767.478
Tienen · equity €155,330
Schreurs
BE 0429.186.396
Berlare · equity €155,113
DAD REAL ESTATE
BE 0544.926.501
Elsene · equity €155,113
Of the 9,531 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,448. 5,361 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 to 2025 · 2 entries · €20,000 awarded · €20,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €20,000 |
| 2023 | 1 | €20,000 | €0 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, 2 in day-to-day management, last change in 2024
Day-to-day management 2
Cathérine VERMEULEN
CurrentGedelegeerd bestuurder · since 19-02-2024
Olivier HENDRICKX
CurrentGedelegeerd bestuurder · since 19-02-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2024, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Cathérine VERMEULEN |
|
| Olivier HENDRICKX |
|
Owners and capital
Capital and shareholders
Capital over the years
- 19-02-2024 Capital stated in the deed · €100,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
financial year 2025 · full format
2025
30-09
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 61 days late
2024
27-08
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 27 days late
19-02
Gazette deed
Resignations: Olivier HENDRICKX (director) and Cathérine VERMEULEN (director)Reappointments: Olivier HENDRICKX (director) and Cathérine VERMEULEN (director) · Appointments: Olivier HENDRICKX (gedelegeerd bestuurder) and Cathérine VERMEULEN (gedelegeerd bestuurder) · Amendment of the articles12 facts ▸
Gazette deed
Resignations: Olivier HENDRICKX (director) and Cathérine VERMEULEN (director)
Reappointments: Olivier HENDRICKX (director) and Cathérine VERMEULEN (director) · Appointments: Olivier HENDRICKX (gedelegeerd bestuurder) and Cathérine VERMEULEN (gedelegeerd bestuurder) · Amendment of the articles12 facts ▸
- General meeting, 20-12-2023
- Amendment of the articles (2 times)
- Capital, €100,000
- General meeting, “ontslag en herbenoeming bestuurders, Derde beslissing” (deed in Dutch)
- Director resignation, Olivier HENDRICKX (director)
- Director resignation, Cathérine VERMEULEN (director)
- Director reappointment, Olivier HENDRICKX (director)
- Director reappointment, Cathérine VERMEULEN (director)
- Board meeting, “onmiddellijk daarna in vergadering, bestuurders” (deed in Dutch)
- Director appointment, Olivier HENDRICKX (gedelegeerd bestuurder)
- Director appointment, Cathérine VERMEULEN (gedelegeerd bestuurder)
- Registered office clause, “Diest, Kardinaal Mercierstraat 10 bus 2” (deed in Dutch)
2023
31-12
Financial
Equity above €150,000equity €152,472 ▲15.1%
4 profitable years in a row build equity to €152,472.
29-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 29 days late
2022
31-08
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format · 31 days late
2021
31-12
Financial
Highest result from 2018 to 2025net €67,178 ▲26,325%
Net result €67,178, the highest in the series.
31-12
Financial
Equity above €100,000equity €124,409 ▲117%
2 profitable years in a row build equity to €124,409.
28-10
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format · 89 days late
2020
31-12
Financial
Back to profitnet €254
Net result €254 after one loss-making year.
06-10
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format · 67 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€30,235
Net result drops to -€30,235, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format · 30 days late
2018
31-07
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
30-08
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 30 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPublic limited company
Founded15-10-2008
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807122548
Also
9925:BE0807122548
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0807.122.548
Environmental permits
17 applications in Flanders since 2020 · 6 granted · 2 under review
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Ontbossen
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden
Bouwen of herbouwen
Bouwen of herbouwen; Een grond gebruiken, aanleggen of inrichten; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies
Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies
The 10 most recent of 17 applications.
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Diest · 1 establishment unit since 2008
Ground area
799 m²
Building footprint
250 m²
Building volume
1,970 m³
Parcel 24020A0676/00T000, Flanders · tallest building 16.5 m. Linked by address, not a title deed.
1 establishment unit
Ginco Projects
since 2008unit no. 2.174.921.429
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24020A0676/00T000indicative | Flanders | 799 m² | 1 · 250 m² | 16.5 m · 3 |
How the parcels are linked
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GINCO PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, mag bij enkel besluit bestuursorgaan administratieve zetels, agentschappen, ateliers, opslagplaatsen en bijhuizen oprichten…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Ten minste minimum aantal leden door wet voorgeschreven, hoogstens zes jaar” (deed in Dutch)“Lid raad van bestuur kan zelf ontslag nemen door loutere kennisgeving aan raad van bestuur, verplicht na ontslag opdracht verder te…” (deed in Dutch)“Raad kiest uit midden voorzitter, raad kan ondervoorzitter benoemen” (deed in Dutch)“Plaats aangewezen in oproepingsbrief, bij gebrek zetel vennootschap, telkens belang vennootschap vereist alsook binnen … dagen na verzoek…” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering die beraadslaagt zoals inzake statutenwijziging” (deed in Dutch)