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GINDAC

Active
Public limited companyfounded 200917 yrs activeForeestelaan 86, 9000 Gent, BelgiumKBO/BCE: BE 0818.399.490

GINDAC has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.95M and a net result of €897k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 8596 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
93 / 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 45.9 against 27.27 in 2024), and 0.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.6%
Return on assets
30.3%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 d early
2024
70 d early
2023
64 d early
2022
70 d early
2021
69 d early
2019
18 d early
2018
37 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€2.95M▲ 43.7%
2024 · €2.05M
2018: €861k 2019: €1.10M 2021: €2.05M 2022: €3.32M 2023: €1.62M 2024: €2.05M
2018 → 2025
Total assets
€2.96M▲ 42.8%
2024 · €2.08M
2018: €1.53M 2019: €1.61M 2021: €2.06M 2022: €3.33M 2023: €1.63M 2024: €2.08M
2018 → 2025
Net result
€897k▲ 107%
2024 · €433k
2018: €266k 2019: €236k 2021: €559k 2022: €1.27M 2023: €705k 2024: €433k
2018 → 2025
Working capital
€523k▼ 5.7%
2024 · €555k
2018: €-639k 2019: €-404k 2021: €550k 2022: €1.82M 2023: €122k 2024: €555k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.05M-€3.32M▲ 61.8%€1.62M▼ 51.1%€2.05M▲ 26.7%€2.95M▲ 43.7%
Operating result€201k-€160k▼ 20.5%€182k▲ 13.9%€321k▲ 75.9%€278k▼ 13.2%
Net result€559k-€1.27M▲ 127%€705k▼ 44.4%€433k▼ 38.6%€897k▲ 107%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50MOperating result 2021: €201k€201kNet result 2021: €559k€559kOperating result 2022: €160k€160kNet result 2022: €1.27M€1.27MOperating result 2023: €182k€182kNet result 2023: €705k€705kOperating result 2024: €321k€321kNet result 2024: €433k€433kOperating result 2025: €278k€278kNet result 2025: €897k€897k20212022202320242025
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.96M
Fixed assets €2.43M▲ 61.9%
Current assets €535k▼ 7.2%
Equity and liabilities €2.96M
Equity €2.95M▲ 43.7%
Debt €12k▼ 44.8%
The debt ratio falls from 1.0% to 0.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
Solvency
99.6%
2024 · 99.0%
Current ratio
45.90
2024 · 27.27
Quick ratio
45.90
2024 · 27.27
Debt / equity
0.00
2024 · 0.01
ROE
30.4%
2024 · 21.1%
ROA
30.3%
2024 · 20.8%
Debt
€12k
2024 · €21k
Debt ≤ 1 year
€12k
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.08M€2.96M
Fixed assets21/28€1.50M€2.43M
Tangible fixed assets22/27-€929k
Other tangible fixed assets26-€929k
Financial fixed assets28€1.50M€1.50M=
Current assets29/58€576k€535k
Amounts receivable within one year40/41€89k€90k
Trade receivables40€89k€90k
Other amounts receivable41€430€430=
Cash at bank and in hand54/58€487k€445k
Equity and liabilities
Total equity and liabilities10/49€2.08M€2.96M
Equity10/15€2.05M€2.95M
Contributions10/11€2.60M€2.60M=
Capital10€2.60M€2.60M=
Issued capital100€2.60M€2.60M=
Profit (loss) carried forward14€-545k€352k
Amounts payable17/49€21k€12k
Amounts payable within one year42/48€21k€12k
Trade debts44€8k€8k
Suppliers440/4€8k€8k
Taxes, remuneration and social security45€13k€4k
Taxes450/3€13k€4k
Income statement Code20242025
Other operating charges640/8€1k€1k
Gross operating margin9900€322k€279k
Operating profit (loss)9901€321k€278k
Financial income75/76B€112k€619k
Recurring financial income75€112k€619k
Financial charges65/66B€113€230
Recurring financial charges65€113€230
Profit (loss) for the period before taxes9903€433k€897k
Profit (loss) for the period9904€433k€897k
Profit (loss) for the period to be appropriated9905€433k€897k
Appropriation of the result
Profit (loss) to be appropriated9906€-545k€352k
Profit (loss) brought forward from the previous period14P€-978k€-545k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €2MEq €2.05M ▲26.7%
6 profitable years in a row build equity to €2.05M.
28-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €1.27M ▲127%
Net result €1.27M, the highest in the series.
23-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity times 293current ratio 64.63
Current ratio from 0.22 to 64.63; short-term debt falls from €518k to €9k.
31-12
Financial Equity above €2MEq €2.05M ▲87%
3 profitable years in a row build equity to €2.05M.
2020
13-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €236k ▼11.4%
Net result drops to €236k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €1MEq €1.10M ▲27.4%
2 profitable years in a row build equity to €1.10M.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Foreestelaan 869000 Gent
Ground area
7,465 m²
Building footprint
1,076 m²
Volume, LiDAR
5,447 m³
Parcel 44808H0746/00B000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0746/00B000 Flanders 7,465 m² 1 · 1,075 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

9 connected companies

Similar companies · same sector, comparable size

Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 15,945 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded09-09-2009
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.