GINGER STUDIOS
ActiveSummary
GINGER STUDIOS has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €337,708 and a net result of -€47,415. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 95% of 1910 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-1
Solvency100=
Growth52=
Track record92
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 23.38 against 11.84 in 2024; short-term debt: 4.2% and cash: 97.3% of total assets), and 4.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€47,415
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
34 d late
2023
6 d early
2022
3 d early
2021
30 d late
2020
30 d late
2019
28 d 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 9 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#4 company by equity in Brakel, Telecoms and IT sector#10 company by total assets in Brakel, Telecoms and IT sector
Equity
€337,708▼ 12.3%
2024 · €385,124
Total assets
€352,552▼ 16.0%
2024 · €419,486
Net result
-€47,415▲ 10.3%
2024 · -€52,877
Working capital
€332,176▼ 10.8%
2024 · €372,524
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€160,894▲ 6.1%€179,707▲ 11.7%€94,736▼ 47.3%-€52,520-€46,888▲ 10.7%
Net result€114,102▲ 6.8%€126,515▲ 10.9%€68,567▼ 45.8%-€52,877-€47,415▲ 10.3%
Equity€247,918▲ 67.9%€369,434▲ 49.0%€438,001▲ 18.6%€385,124▼ 12.1%€337,708▼ 12.3%
Total assets€319,711▲ 36.8%€456,650▲ 42.8%€506,810▲ 11.0%€419,486▼ 17.2%€352,552▼ 16.0%
Debt€71,792▼ 16.6%€87,216▲ 21.5%€68,809▼ 21.1%€34,363▼ 50.1%€14,843▼ 56.8%
Working capital€212,643▲ 100%€334,810▲ 57.5%€410,914▲ 22.7%€372,524▼ 9.3%€332,176▼ 10.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46,888 in 2025 against €52,520 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352,552
Fixed assets
€5,532 ▼ 56.1%
Current assets
€347,019 ▼ 14.7%
Equity and liabilities €352,552
Equity
€337,708 ▼ 12.3%
Debt
€14,843 ▼ 56.8%
Debt's share of the balance-sheet total falls from 8.2% to 4.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€39,821▼
2024 · -€33,720
Cash flow
-€40,348▼
2024 · -€34,077
Current ratio
23.38▲
2024 · 11.84
Debt to equity
0.04▼
2024 · 0.09
ROE
-14.0%▼
2024 · -13.7%
ROA
-13.4%▼
2024 · -12.6%
Interest coverage
-103.17▲
2024 · -176.91
Debt ≤ 1 year
€14,843▼
2024 · €34,363
Income taxes
€141▼
2024 · €166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,524 | €16,117 | €17,532 | €18,800 | €7,067 | ▼ 62.4% |
| Other operating charges640/8 | €120 | €208 | €132 | €240 | €208 | ▼ 13.4% |
| Gross operating margin9900 | €175,538 | €196,033 | €112,400 | -€33,480 | -€39,614 | ▼ 18.3% |
| Operating profit (loss)9901 | €160,894 | €179,707 | €94,736 | -€52,520 | -€46,888 | ▲ 10.7% |
| Financial charges65/66B | €468 | €521 | €250 | €191 | €386 | ▲ 103% |
| Recurring financial charges65 | €468 | €521 | €250 | €191 | €386 | ▲ 103% |
| Profit (loss) for the period before taxes9903 | €160,426 | €179,186 | €94,486 | -€52,711 | -€47,274 | ▲ 10.3% |
| Income taxes67/77 | €46,324 | €52,671 | €25,920 | €166 | €141 | ▼ 15.3% |
| Profit (loss) for the period9904 | €114,102 | €126,515 | €68,567 | -€52,877 | -€47,415 | ▲ 10.3% |
| Profit (loss) for the period to be appropriated9905 | €114,102 | €126,515 | €68,567 | -€52,877 | -€47,415 | ▲ 10.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €319,711 | €456,650 | €506,810 | €419,486 | €352,552 | ▼ 16.0% |
| Fixed assets21/28 | €45,181 | €36,549 | €27,087 | €12,599 | €5,532 | ▼ 56.1% |
| Tangible fixed assets22/27 | €45,181 | €36,549 | €27,087 | €12,599 | €5,532 | ▼ 56.1% |
| Plant, machinery and equipment23 | - | - | €4,641 | €7,243 | €5,184 | ▼ 28.4% |
| Furniture and vehicles24 | €45,181 | €36,549 | €22,446 | €5,356 | €348 | ▼ 93.5% |
| Current assets29/58 | €274,530 | €420,101 | €479,723 | €406,887 | €347,019 | ▼ 14.7% |
| Amounts receivable within one year40/41 | €72,924 | €176,895 | €60,548 | €4,713 | €1,323 | ▼ 71.9% |
| Trade receivables40 | €72,924 | €176,895 | €60,548 | €0 | €121 | - |
| Other amounts receivable41 | - | - | - | €4,713 | €1,202 | ▼ 74.5% |
| Cash at bank and in hand54/58 | €200,912 | €242,747 | €419,174 | €402,174 | €343,076 | ▼ 14.7% |
| Deferred charges and accrued income490/1 | €694 | €460 | - | - | €2,620 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €319,711 | €456,650 | €506,810 | €419,486 | €352,552 | ▼ 16.0% |
| Equity10/15 | €247,918 | €369,434 | €438,001 | €385,124 | €337,708 | ▼ 12.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €235,518 | €357,034 | €425,601 | €419,000 | €419,000 | = |
| Distributable reserves133 | €235,518 | €357,034 | €425,601 | €419,000 | €419,000 | = |
| Profit (loss) carried forward14 | - | - | - | -€46,276 | -€93,692 | ▼ 102% |
| Amounts payable17/49 | €71,792 | €87,216 | €68,809 | €34,363 | €14,843 | ▼ 56.8% |
| Amounts payable after more than one year17 | €9,557 | €1,925 | - | - | - | - |
| Financial debts170/4 | €9,557 | €1,925 | - | - | - | - |
| Amounts payable within one year42/48 | €61,887 | €85,291 | €68,809 | €34,363 | €14,843 | ▼ 56.8% |
| Current portion of amounts payable after more than one year42 | €7,525 | €7,632 | €2,565 | €0 | - | - |
| Trade debts44 | €453 | €2,864 | €9,950 | €5,609 | €1,614 | ▼ 71.2% |
| Suppliers440/4 | €453 | €2,864 | €9,950 | €5,609 | €1,614 | ▼ 71.2% |
| Taxes, remuneration and social security45 | €21,588 | €29,432 | €9,370 | €166 | €941 | ▲ 466% |
| Taxes450/3 | €21,588 | €29,432 | €9,370 | €166 | €941 | ▲ 466% |
| Other amounts payable47/48 | €32,321 | €45,364 | €46,924 | €28,587 | €12,288 | ▼ 57.0% |
| Accrued charges and deferred income492/3 | €348 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €114,102 | €126,515 | €68,567 | -€52,877 | -€47,415 | ▲ 10.3% |
| + Depreciation and write-downs630 | €14,524 | €16,117 | €17,532 | €18,800 | €7,067 | ▼ 62.4% |
| Operating cash flow (approximation) | €128,626 | €142,633 | €86,099 | -€34,077 | -€40,348 | ▼ 18.4% |
| Investment in fixed assets (approximation) | - | -€7,486 | -€8,071 | -€4,312 | €0 | ▲ 100% |
| Change in cash | - | €41,834 | €176,428 | -€17,001 | -€59,097 | ▼ 248% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-12
KBO administration
Address struck
Groeneweg 17 9320 Die Sitzadresse Groeneweg 17 9320 Aalst · event 12-11-2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
31-12
Financial
Weakest financial yearnet -€52,877
Net result drops to -€52,877, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €126,515 ▲10.9%
Operating result €179,707, net result €126,515, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €200,000Eq €247,918 ▲67.9%
3 profitable years in a row build equity to €247,918.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100,000Eq €147,677 ▲262%
2 profitable years in a row build equity to €147,677.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €13,663
Net result €13,663 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
3 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, Brakel · 1 establishment unit since 2015
Ground area
477 m²
Building footprint
82 m²
Parcel 45009B0024/00H002, Flanders. Linked by address, not a title deed.
1 establishment unit
Noordhoek 6, 9660 Brakel
since 20152.244.907.721
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45009B0024/00H002 | Flanders | 477 m² | 1 · 82 m² | - |
Linked by address, not proof of ownership
Good to know
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
Salonized Treatwell
BE 0778.450.239
Brussel · Eq €336,075
Geets&Verrept, online media agency
BE 0568.653.491
Mechelen · Eq €333,934
Storefront
BE 0837.434.751
Menen · Eq €343,302
SOCIETE DE DIFFUSION BFM PLUS
BE 0454.785.191
Oudergem · Eq €344,301
Plugin2drive
BE 0837.665.868
Schoten · Eq €329,312
Of 2,783 companies in sector 63910 we hold annual accounts for 698. 413 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
63910Web portal activities
47400Retail sale of information and communication equipment
58290Other software publishing
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
74120Graphic design and visual communication
Scores and ratios are computed by Checked and are not a credit decision.