GINGER
ActiveGINGER has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €161k and a net result of €34k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 202 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
61
/ 100
Healthy▲ +41 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency32▲+14
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.3 in 2023), and 72.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Sector 60
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2023
122 d late
2022
233 d late
2021
1 d early
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€161k▲ 27.0%
2023 · €127k
2018: €50k
2019: €84k
2020: €100k
2021: €128k
2022: €156k
2023: €127k
2018 → 2024
Total assets
€583k▼ 1.6%
2023 · €592k
2018: €145k
2019: €276k
2020: €285k
2021: €274k
2022: €275k
2023: €592k
2018 → 2024
Net result
€34k
2023 · €-29k
2018: €29k
2019: €34k
2020: €24k
2021: €28k
2022: €28k
2023: €-29k
2018 → 2024
Working capital
€-111k▲ 0.6%
2023 · €-112k
2018: €35k
2019: €70k
2020: €107k
2021: €138k
2022: €153k
2023: €-112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€100k-€128k▲ 27.9%€156k▲ 22.2%€127k▼ 18.8%€161k▲ 27.0%
Operating result€24k-€49k▲ 106%€52k▲ 4.7%€-11k€57k
Net result€24k-€28k▲ 15.1%€28k▲ 1.8%€-29k€34k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €57k after a loss of €11k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €583k
Fixed assets
€540k▼ 0.7%
Current assets
€42k▼ 12.5%
Equity and liabilities €583k
Equity
€161k▲ 27.0%
Debt
€421k▼ 9.5%
The debt ratio falls from 78.5% to 72.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€71k▲
2023 · €68k
Cash flow
€48k▼
2023 · €49k
Solvency
27.7%▲
2023 · 21.5%
Current ratio
0.28▼
2023 · 0.30
Quick ratio
0.28▼
2023 · 0.30
Debt / equity
2.61▼
2023 · 3.66
ROE
21.3%▲
2023 · -23.1%
ROA
5.9%▲
2023 · -5.0%
Interest coverage
3.56▼
2023 · 3.65
Debt
€421k▼
2023 · €465k
Debt ≤ 1 year
€153k▼
2023 · €160k
Debt > 1 year
€267k▼
2023 · €306k
Income taxes
€3k▲
2023 · €132
Staff costs
€146▲
2023 · €143
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€592k€583k▼
Fixed assets21/28€544k€540k▼
Tangible fixed assets22/27€544k€540k▼
Land and buildings22€538k€529k▼
Plant, machinery and equipment23€5k€12k▲
Furniture and vehicles24€269-
Current assets29/58€48k€42k▼
Amounts receivable within one year40/41€48k€21k▼
Trade receivables40€48k€11k▼
Other amounts receivable41-€10k
Cash at bank and in hand54/58-€13k
Deferred charges and accrued income490/1-€8k
Equity and liabilities
Total equity and liabilities10/49€592k€583k▼
Equity10/15€127k€161k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€118k€118k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€116k€116k=
Profit (loss) carried forward14€-10k€24k▲
Amounts payable17/49€465k€421k▼
Amounts payable after more than one year17€306k€267k▼
Financial debts170/4€306k€267k▼
Amounts payable within one year42/48€160k€153k▼
Current portion of amounts payable after more than one year42€24k€44k▲
Financial debts43€10k€13k▲
Credit institutions430/8-€13k
Other loans439€10k-
Trade debts44€7k€28k▲
Suppliers440/4€7k€28k▲
Taxes, remuneration and social security45€38k€43k▲
Taxes450/3€38k€43k▲
Other amounts payable47/48€81k€25k▼
Accrued charges and deferred income492/3-€956
Income statement
Code20232024
Remuneration, social security and pensions62€143€146▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€13k▼
Other operating charges640/8€11k€16k▲
Non-recurring operating charges66A€380€4k▲
Gross operating margin9900€80k€91k▲
Operating profit (loss)9901€-11k€57k▲
Financial income75/76B€3€19▲
Recurring financial income75€3€19▲
Financial charges65/66B€19k€20k▲
Recurring financial charges65€19k€20k▲
Profit (loss) for the period before taxes9903€-29k€38k▲
Income taxes67/77€132€3k▲
Profit (loss) for the period9904€-29k€34k▲
Profit (loss) for the period to be appropriated9905€-29k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€24k▲
Profit (loss) brought forward from the previous period14P€20k€-10k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
2024
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Equity above €150kEq €161k ▲27%
Equity rises from €127k to €161k.
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 233 days late
2023
31-12
Financial
Weakest financial yearnet €-29k ▼203%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Equity above €150kEq €156k ▲22.2%
5 profitable years in a row build equity to €156k.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €100kEq €100k ▲19.4%
3 profitable years in a row build equity to €100k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 72 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Boutersem · 1 establishment unit since 2000
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.
Lubbeeksestraat 1273370 BoutersemGround area
1,686 m²
Building footprint
324 m²
Volume, LiDAR
1,725 m³
Parcel 24093A0188/00F000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lubbeeksestraat 127, 3370 Boutersem
since 20002.099.505.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24093A0188/00F000 | Flanders | 1,686 m² | 1 · 324 m² | 10.8 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.
Similar companies · same sector, comparable size
Hardwerken
BE 0870.786.024
Leuven · Eq €163k
ROCKFM
BE 0478.154.669
Dendermonde · Eq €148k
SOUND BITES
BE 0479.924.920
Antwerpen · Eq €147k
Digitale Radio Vlaanderen
BE 0713.705.511
Vilvoorde · Eq €142k
ALLIANCE DU SAVOIR-FAIRE ET LOGISTIQUE
BE 0461.648.833
Brussel · Eq €190k
Of 331 companies in sector 60100 we hold annual accounts for 79. 54 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-10-1999
Fiscal year end31-12
Activities, NACEBEL
60100Programming, broadcasting, news agency and other content distribution activities
92201
59114Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.