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GINGER WORLD

Active
Private limited companyfounded 2024active for 2 yearsGentse Steenweg 147, 9160 Lokeren, BelgiumKBO/BCE: BE 1004.860.513

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of GINGER WORLD is 5.2% (elevated). The 2025 annual accounts show equity of €5,653 and a net result of €4,342. Its solvency ranks better than 36% of 1,899 sector peers (NACE 10, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed 25 days after the deadline Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00423811.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
25-08-2026
Format
micro format
Reference
2026-00423811
Turnover
≈ €98,000
Estimated: probably between €45,000 and €240,000
Total assets
€33,392▲ 70.8%
2024 · €19,552
Net result
€4,342
2024 · -€1,689
Working capital
-€2,434▲ 66.1%
2024 · -€7,179
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a profit of €10,727, after a loss of €104 in 2024.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€10,727 2025 Net result€4,342 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€104-€10,727
Net result-€1,689within the sector's middle half-€4,342within the sector's middle half
Equity€311below the sector's middle half-€5,653within the sector's middle half▲ 18×
Total assets€19,552below the sector's middle half-€33,392below the sector's middle half▲ 70.8%
Debt€19,241-€27,739▲ 44.2%
Working capital-€7,179within the sector's middle half--€2,434within the sector's middle half▲ 66.1%
Solvency1.6%below the sector's middle half-16.9%within the sector's middle half▲ 15.3pp
Current ratio0.63within the sector's middle half-0.91within the sector's middle half▲ 0.29
Return on assets (ROA)-8.6%below the sector's middle half-13.0%within the sector's middle half▲ 21.6pp
above within below The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,392
Fixed assets €8,087 ▲ 8.0%
Current assets €25,305 ▲ 110%
Equity and liabilities €33,392
Equity €5,653 ▲ 18×
Debt €27,739 ▲ 44.2%
Debt's share of the balance-sheet total falls from 98.4% to 83.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,696▲
2024 · €674
Cash flow
€5,311▲
2024 · -€911
Quick ratio
0.49▲
2024 · 0.34
Debt to equity
4.91
ROE
76.8%
Interest coverage
3.51▲
2024 · 0.42
Debt ≤ 1 year
€27,739▲
2024 · €19,241
Income taxes
€3,544
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 7,976 companies had the same profile as GINGER WORLD has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of GINGER WORLD itself is higher: 5.2% within 12 months. It rests on far more data about GINGER WORLD than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,976 companies, not a prediction for GINGER WORLD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€19,552€33,392▲
Fixed assets21/28€7,490€8,087▲
Tangible fixed assets22/27€2,690€3,287▲
Plant, machinery and equipment23€2,690€3,287▲
Financial fixed assets28€4,800€4,800=
Current assets29/58€12,062€25,305▲
Stocks and contracts in progress3€5,453€11,700▲
Stocks30/36€5,453€11,700▲
Amounts receivable within one year40/41€4,918€11,282▲
Trade receivables40€4,006€9,448▲
Other amounts receivable41€912€1,835▲
Cash at bank and in hand54/58€1,537€1,844▲
Deferred charges and accrued income490/1€154€479▲
Equity and liabilities
Total equity and liabilities10/49€19,552€33,392▲
Equity10/15€311€5,653▲
Contributions10/11€2,000€3,000▲
Profit (loss) carried forward14-€1,689€2,653▲
Amounts payable17/49€19,241€27,739▲
Amounts payable within one year42/48€19,241€27,739▲
Trade debts44€3,681€4,380▲
Suppliers440/4€3,681€4,380▲
Taxes, remuneration and social security45-€3,544
Taxes450/3-€3,544
Other amounts payable47/48€15,560€19,815▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€778€969▲
Other operating charges640/8€1,158€1,143▼
Gross operating margin9900€1,832€12,838▲
Operating profit (loss)9901-€104€10,727▲
Financial income75/76B€30€492▲
Recurring financial income75€30€492▲
Financial charges65/66B€1,615€3,333▲
Recurring financial charges65€1,615€3,333▲
Profit (loss) for the period before taxes9903-€1,689€7,886▲
Income taxes67/77-€3,544
Profit (loss) for the period9904-€1,689€4,342▲
Profit (loss) for the period to be appropriated9905-€1,689€4,342▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,689€2,653▲
Profit (loss) brought forward from the previous period14P--€1,689

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€778€969▲ 24.6%
Other operating charges640/8€1,158€1,143▼ 1.4%
Gross operating margin9900€1,832€12,838▲ 601%
Operating profit (loss)9901-€104€10,727-
Financial income75/76B€30€492▲ 16×
Recurring financial income75€30€492▲ 16×
Financial charges65/66B€1,615€3,333▲ 106%
Recurring financial charges65€1,615€3,333▲ 106%
Profit (loss) for the period before taxes9903-€1,689€7,886-
Income taxes67/77-€3,544-
Profit (loss) for the period9904-€1,689€4,342-
Profit (loss) for the period to be appropriated9905-€1,689€4,342-
Line20242025Change
Assets
Total assets20/58€19,552€33,392▲ 70.8%
Fixed assets21/28€7,490€8,087▲ 8.0%
Tangible fixed assets22/27€2,690€3,287▲ 22.2%
Plant, machinery and equipment23€2,690€3,287▲ 22.2%
Financial fixed assets28€4,800€4,800=
Current assets29/58€12,062€25,305▲ 110%
Stocks and contracts in progress3€5,453€11,700▲ 115%
Stocks30/36€5,453€11,700▲ 115%
Amounts receivable within one year40/41€4,918€11,282▲ 129%
Trade receivables40€4,006€9,448▲ 136%
Other amounts receivable41€912€1,835▲ 101%
Cash at bank and in hand54/58€1,537€1,844▲ 19.9%
Deferred charges and accrued income490/1€154€479▲ 210%
Equity and liabilities
Total equity and liabilities10/49€19,552€33,392▲ 70.8%
Equity10/15€311€5,653▲ 18×
Contributions10/11€2,000€3,000▲ 50.0%
Profit (loss) carried forward14-€1,689€2,653-
Amounts payable17/49€19,241€27,739▲ 44.2%
Amounts payable within one year42/48€19,241€27,739▲ 44.2%
Trade debts44€3,681€4,380▲ 19.0%
Suppliers440/4€3,681€4,380▲ 19.0%
Taxes, remuneration and social security45-€3,544-
Taxes450/3-€3,544-
Other amounts payable47/48€15,560€19,815▲ 27.3%
Line20242025Change
Profit (loss) for the period9904-€1,689€4,342-
+ Depreciation and write-downs630€778€969▲ 24.6%
Operating cash flow (approximation)-€911€5,311-
Investment in fixed assets (approximation)--€1,566-
Change in cash-€307-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-08-2026 2026-00423811 NBB
31-12-2024 micro format 30-07-2025 2025-00361248 PDF

Comparable companies

These companies have the same main activity as GINGER WORLD: manufacture of food products (NACE 10320). They are comparable in size and age: total assets between €30,900 and €106,000, founded between 2021 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
GINGER WORLD Lokeren2024€33,392€5,653€12,838€4,3422025
Moussa's Bissap Antwerpen2024€30,892€7,862€19,157€6,3622025
Grizzly Bob Manufacturing Seneffe2022€43,071€33,438€9,747€3,2552025
Fruitpers Fructus Oostrozebeke2024€105,604-€6,696€7,652-€3,2292025
Gem Juice Wielsbeke2021€36,629€26,494€34,976€12,2072025
Siroperie Stuckens Diest2021€50,631€48,400€17,233€12,0932025
BK AO Vorst2022€93,902€64,358€24,588€17,0662025

They were chosen from the 52 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.