GINGENROOTS
The file of GINGENROOTS contains 3 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €32k and a net result of €4k. Equity is growing by ~107.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 6720 sector peers (fiscal year 2024).
| Equity | €32k |
| Net result | €4k |
| Better than sector | 38% |
| Active | 6 yrs |
Mixed profile: strong on growth, weaker on solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.5% | 20.4% | |
| Net result | €4k | €4k | |
| Equity | €32k | €16k | |
| Gross operating margin | €84k | €24k | |
| Staff costs | €72k | €33k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €11k |
| Net profit | €4k |
| Cash flow | €8k |
| Staff costs | €72k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €340k |
| Equity | €32k |
| Debt | €307k |
| of which ≤ 1y | €307k |
| of which > 1y | - |
| Working capital | €21k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.07 |
| Quick ratio | 0.55 |
| Working capital ratio | 6.1% |
| Solvency | 9.5% |
| Debt / equity | 9.50 |
| Long-term debt ratio | - |
| Interest coverage | 8.16 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.3% |
| ROE | 13.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €340k |
| Fixed assets | 21/28 | €12k |
| Tangible fixed assets | 22/27 | €12k |
| Current assets | 29/58 | €328k |
| Stocks & contracts in progress | 3 | €160k |
| Amounts receivable within one year | 40/41 | €158k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €340k |
| Equity | 10/15 | €32k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €27k |
| Amounts payable | 17/49 | €307k |
| Amounts payable within one year | 42/48 | €307k |
| Trade debts payable within one year | 44 | €256k |
| Income statement | ||
| Gross operating margin | 9900 | €84k |
| Operating result | 9901 | €8k |
| Financial income | 75 | €67 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €6k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
-
CHAHBI M'hammed-El-KadiDirectorState Gazette act 24092228 (19-06-2024)Current31-05-2024 → present
Former directors (1)
-
SABAH BelloutiDirectorState Gazette act 24092228 (19-06-2024)Former- → 31-05-2024
| NACE primary | Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen(47741) |
| Legal form | Private limited company(610) |
| Incorporation | 02-12-2019 |
| Status | Active |
| Postal code | 1070 |
| First BS signal | 22-01-2026 |
| Latest BS signal | 19-05-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0289/00H005 | Brussels | 9,188 m² | 1 · 7,907 m² | 29.4 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 14-01-2026 to 11-05-2026.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-06-2024 All shares are now held by a single shareholder
Technical details
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}26-10-2023 Registered office moved from BRUXELLES to ANDERLECHT
- RUE DU DEVELOPPEMENT, 52 à 1070 BRUXELLES → RUE DU DEVELOPPEMENT, 64 1070 ANDERLECHT
Technical details
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"Bijlagen bij h",
"het Belgisch Staare",
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]
}28-08-2023 All shares are now held by a single shareholder
Technical details
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}14-07-2023 All shares are now held by a single shareholder
Technical details
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}29-11-2022 Registered office moved from Bruxelles to LENS
- rue Léon Delacroix, 22 - 1070 Bruxelles (Anderlecht) → Rue du Sabot, 13-7870 LENS
Technical details
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}| Legal nameFR | GINGENROOTS |