GINGERBLUE
ActiveSummary
GINGERBLUE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-16k. Equity is shrinking by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency20▼-36
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 1.63 in 2024; short-term debt: 103.1% and cash: 15.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.9%
Return on assets
-48.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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
10 d late
2024
29 d late
2023
126 d early
2022
31 d late
2021
on the day
2020
11 d early
2019
80 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €14k
2018: €52k
2019: €53k▲ +2.8% vs 2018
2020: €58k▲ +9.1% vs 2019
2021: €71k▲ +22.3% vs 2020highest in 8 years
2022: €60k▼ -14.6% vs 2021
2023: €33k▼ -46.1% vs 2022
2024: €14k▼ -56.9% vs 2023
2025: €-2k▼ -111% vs 2024lowest in 8 years
2018 → 2025
Total assets
€32k▼ 30.1%
2024 · €46k
2018: €57k
2019: €59k▲ +3.9% vs 2018
2020: €65k▲ +9.4% vs 2019
2021: €100k▲ +55.6% vs 2020highest in 8 years
2022: €85k▼ -15.1% vs 2021
2023: €56k▼ -33.8% vs 2022
2024: €46k▼ -18.5% vs 2023
2025: €32k▼ -30.1% vs 2024lowest in 8 years
2018 → 2025
Net result
€-16k▲ 15.7%
2024 · €-19k
2018: €-741
2019: €1k▲ +295% vs 2018
2020: €5k▲ +234% vs 2019
2021: €25k▲ +427% vs 2020highest in 8 years
2022: €-10k▼ -140% vs 2021
2023: €-28k▼ -170% vs 2022lowest in 8 years
2024: €-19k▲ +33.4% vs 2023
2025: €-16k▲ +15.7% vs 2024
2018 → 2025
Working capital
€-6k
2024 · €16k
2018: €52k
2019: €54k▲ +4.7% vs 2018
2020: €60k▲ +11.4% vs 2019
2021: €72k▲ +19.2% vs 2020highest in 8 years
2022: €60k▼ -16.0% vs 2021
2023: €26k▼ -56.3% vs 2022
2024: €16k▼ -39.8% vs 2023
2025: €-6k▼ -138% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€60k▼ 14.6%€33k▼ 46.1%€14k▼ 56.9%€-2k
2021: €71khighest in 5 years
2022: €60k▼ -14.6% vs 2021
2023: €33k▼ -46.1% vs 2022
2024: €14k▼ -56.9% vs 2023
2025: €-2k▼ -111% vs 2024lowest in 5 years
Operating result€42k-€-10k€-28k▼ 177%€-19k▲ 31.6%€-16k▲ 16.4%
2021: €42khighest in 5 years
2022: €-10k▼ -124% vs 2021
2023: €-28k▼ -177% vs 2022lowest in 5 years
2024: €-19k▲ +31.6% vs 2023
2025: €-16k▲ +16.4% vs 2024
Net result€25k-€-10k€-28k▼ 170%€-19k▲ 33.4%€-16k▲ 15.7%
2021: €25khighest in 5 years
2022: €-10k▼ -140% vs 2021
2023: €-28k▼ -170% vs 2022lowest in 5 years
2024: €-19k▲ +33.4% vs 2023
2025: €-16k▲ +15.7% vs 2024
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 €16k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€5k =
Current assets
€27k ▼ 33.8%
Key figures and ratios
Solvency
-4.9%▼
2024 · 30.5%
Current ratio
0.82▼
2024 · 1.63
Quick ratio
0.37▼
2024 · 1.13
Debt to equity
-21.53▼
2024 · 2.27
ROA
-48.5%▼
2024 · -40.2%
Debt
€34k▲
2024 · €32k
Debt ≤ 1 year
€33k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€46k€32k▼
Fixed assets21/28€5k€5k=
Tangible fixed assets22/27€5k€5k=
Furniture and vehicles24€5k€5k=
Current assets29/58€41k€27k▼
Stocks and contracts in progress3€13k€15k▲
Stocks30/36€13k€15k▲
Amounts receivable within one year40/41€10k€4k▼
Trade receivables40€10k€4k▼
Other amounts receivable41€131€231▲
Current investments50/53€16k€3k▼
Cash at bank and in hand54/58€876€5k▲
Deferred charges and accrued income490/1€1k€324▼
Equity and liabilities
Total equity and liabilities10/49€46k€32k▼
Equity10/15€14k€-2k▼
Contributions10/11€19k€19k=
Reserves13€42k€42k=
Distributable reserves133€42k€42k=
Profit (loss) carried forward14€-46k€-62k▼
Amounts payable17/49€32k€34k▲
Amounts payable within one year42/48€25k€33k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€654€5k▲
Taxes450/3€654€3k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€23k€26k▲
Accrued charges and deferred income492/3€7k€582▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8€62€355▲
Gross operating margin9900€-17k€-15k▲
Operating profit (loss)9901€-19k€-16k▲
Financial income75/76B€543€374▼
Recurring financial income75€543€374▼
Financial charges65/66B€109€139▲
Recurring financial charges65€109€139▲
Profit (loss) for the period before taxes9903€-19k€-16k▲
Profit (loss) for the period9904€-19k€-16k▲
Profit (loss) for the period to be appropriated9905€-19k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-62k▼
Profit (loss) brought forward from the previous period14P€-28k€-46k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €112 | €850 | €2k | - | - |
| Other operating charges640/8 | €1k | €692 | €790 | €62 | €355 | ▲ 472% |
| Non-recurring operating charges66A | €0 | - | €4k | - | - | - |
| Gross operating margin9900 | €43k | €-9k | €-22k | €-17k | €-15k | ▲ 10.8% |
| Operating profit (loss)9901 | €42k | €-10k | €-28k | €-19k | €-16k | ▲ 16.4% |
| Financial income75/76B | €33 | €20 | €0 | €543 | €374 | ▼ 31.1% |
| Recurring financial income75 | €33 | €20 | €0 | €543 | €374 | ▼ 31.1% |
| Financial charges65/66B | €76 | €338 | €131 | €109 | €139 | ▲ 27.6% |
| Recurring financial charges65 | €76 | €338 | €131 | €109 | €139 | ▲ 27.6% |
| Profit (loss) for the period before taxes9903 | €42k | €-10k | €-28k | €-19k | €-16k | ▲ 15.7% |
| Income taxes67/77 | €16k | €-43 | €-2 | - | - | - |
| Profit (loss) for the period9904 | €25k | €-10k | €-28k | €-19k | €-16k | ▲ 15.7% |
| Transfer from tax-exempt reserves789 | €10k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €35k | €-10k | €-28k | €-19k | €-16k | ▲ 15.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100k | €85k | €56k | €46k | €32k | ▼ 30.1% |
| Fixed assets21/28 | - | €1k | €7k | €5k | €5k | = |
| Tangible fixed assets22/27 | - | €1k | €7k | €5k | €5k | = |
| Furniture and vehicles24 | - | €1k | €7k | €5k | €5k | = |
| Current assets29/58 | €100k | €84k | €50k | €41k | €27k | ▼ 33.8% |
| Stocks and contracts in progress3 | - | - | - | €13k | €15k | ▲ 16.8% |
| Stocks30/36 | - | - | - | €13k | €15k | ▲ 16.8% |
| Amounts receivable within one year40/41 | €24k | €2k | €2k | €10k | €4k | ▼ 61.4% |
| Trade receivables40 | €23k | €153 | €329 | €10k | €4k | ▼ 63.2% |
| Other amounts receivable41 | €1k | €2k | €1k | €131 | €231 | ▲ 76.7% |
| Current investments50/53 | €4k | €0 | - | €16k | €3k | ▼ 80.9% |
| Cash at bank and in hand54/58 | €71k | €80k | €46k | €876 | €5k | ▲ 473% |
| Deferred charges and accrued income490/1 | €345 | €2k | €2k | €1k | €324 | ▼ 71.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100k | €85k | €56k | €46k | €32k | ▼ 30.1% |
| Equity10/15 | €71k | €60k | €33k | €14k | €-2k | ▼ 111% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €52k | €42k | €42k | €42k | €42k | = |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €52k | €42k | €42k | €42k | €42k | = |
| Profit (loss) carried forward14 | €0 | €0 | €-28k | €-46k | €-62k | ▼ 33.7% |
| Amounts payable17/49 | €30k | €25k | €24k | €32k | €34k | ▲ 5.6% |
| Amounts payable within one year42/48 | €29k | €24k | €24k | €25k | €33k | ▲ 32.3% |
| Trade debts44 | €4k | €2k | €2k | €2k | €2k | ▲ 25.6% |
| Suppliers440/4 | €4k | €2k | €2k | €2k | €2k | ▲ 25.6% |
| Taxes, remuneration and social security45 | €12k | €8k | €0 | €654 | €5k | ▲ 634% |
| Taxes450/3 | €11k | €8k | €0 | €654 | €3k | ▲ 313% |
| Remuneration and social security454/9 | €1k | €0 | - | - | €2k | - |
| Other amounts payable47/48 | €13k | €13k | €21k | €23k | €26k | ▲ 15.5% |
| Accrued charges and deferred income492/3 | €1k | €1k | €348 | €7k | €582 | ▼ 91.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €-10k | €-28k | €-19k | €-16k | ▲ 15.7% |
| + Depreciation and write-downs630 | - | €112 | €850 | €2k | - | - |
| Operating cash flow (approximation) | €25k | €-10k | €-27k | €-17k | €-16k | ▲ 8.1% |
| Investment in fixed assets (approximation) | - | - | €-6k | €0 | €0 | - |
| Change in cash | - | €8k | €-34k | €-45k | €4k | ▲ 109% |
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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €25k ▲427%
Operating result €42k, net result €25k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2014
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Bilzen-Hoeselt · 1 establishment unit since 2010
Ground area
1,885 m²
Building footprint
403 m²
Volume, LiDAR
2,331 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GINGERBLUE
since 20102.195.994.084
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73055A0179/00F000 | Flanders | 1,169 m² | 1 · 319 m² | 12.2 m · 2 fl. |
| 73055A0174/00M000 | Flanders | 716 m² | 1 · 85 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 808 EUR awarded · 775 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 510 EUR | 477 EUR |
| 2024 | 1 | 298 EUR | 298 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,316 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
Founded25-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
32123Manufacture of jewellery
32124Other manufacturing
32129Other manufacturing
62200Computer consultancy and computer facilities management
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74201Photography, excluding press photography
74209Other photographic activities
Contact
E-mail
yngva@gingerblue.beBilzen-Hoeselt
Phone
0472208004Bilzen-Hoeselt
Scores and ratios are computed by Checked and are not a credit decision.