GINKGO
ActiveGINKGO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €907k and a net result of €185k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+2
Solvency78▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.02 in 2024; short-term debt: 28.7% and cash: 12.2% of total assets), and 46.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.4%
Return on assets
10.9%
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
30 d late
2023
30 d late
2022
16 d late
2021
31 d late
2020
24 d late
2019
122 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€907k▲ 25.6%
2024 · €722k
2018: €158k
2019: €219k
2020: €302k
2021: €387k
2022: €464k
2023: €587k
2024: €722k
2018 → 2025
Total assets
€1.70M▲ 8.4%
2024 · €1.57M
2018: €903k
2019: €1.31M
2020: €1.64M
2021: €1.59M
2022: €1.57M
2023: €1.56M
2024: €1.57M
2018 → 2025
Net result
€185k▲ 36.9%
2024 · €135k
2018: €54k
2019: €75k
2020: €98k
2021: €85k
2022: €77k
2023: €123k
2024: €135k
2018 → 2025
Working capital
€659k▲ 34.7%
2024 · €489k
2018: €60k
2019: €111k
2020: €144k
2021: €215k
2022: €279k
2023: €371k
2024: €489k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€387k-€464k▲ 20.0%€587k▲ 26.5%€722k▲ 23.0%€907k▲ 25.6%
Operating result€150k-€121k▼ 19.7%€188k▲ 55.3%€203k▲ 8.2%€272k▲ 33.8%
Net result€85k-€77k▼ 9.1%€123k▲ 58.8%€135k▲ 9.7%€185k▲ 36.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.70M
Fixed assets
€551k▼ 7.5%
Current assets
€1.15M▲ 18.1%
Equity and liabilities €1.70M
Equity
€907k▲ 25.6%
Debt
€790k▼ 6.4%
The debt ratio falls from 53.9% to 46.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€360k▲
2024 · €297k
Cash flow
€273k▲
2024 · €229k
Solvency
53.4%▲
2024 · 46.1%
Current ratio
2.35▲
2024 · 2.02
Quick ratio
1.44▲
2024 · 1.04
Debt / equity
0.87▼
2024 · 1.17
ROE
20.4%▲
2024 · 18.7%
ROA
10.9%▲
2024 · 8.6%
Interest coverage
40.38▲
2024 · 23.63
Debt
€790k▼
2024 · €843k
Debt ≤ 1 year
€487k▲
2024 · €481k
Debt > 1 year
€300k▼
2024 · €360k
Income taxes
€78k▲
2024 · €56k
Staff costs
€59k▲
2024 · €58k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.57M€1.70M▲
Fixed assets21/28€595k€551k▼
Tangible fixed assets22/27€595k€551k▼
Land and buildings22€524k€491k▼
Plant, machinery and equipment23€69k€57k▼
Furniture and vehicles24€1k€2k▲
Current assets29/58€970k€1.15M▲
Stocks and contracts in progress3€468k€444k▼
Stocks30/36€468k€444k▼
Amounts receivable within one year40/41€452k€488k▲
Trade receivables40€241k€487k▲
Other amounts receivable41€211k€948▼
Cash at bank and in hand54/58€42k€207k▲
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.57M€1.70M▲
Equity10/15€722k€907k▲
Contributions10/11€19k€19k=
Reserves13€703k€888k▲
Tax-exempt reserves132€3k€3k=
Distributable reserves133€701k€885k▲
Amounts payable17/49€843k€790k▼
Amounts payable after more than one year17€360k€300k▼
Financial debts170/4€360k€300k▼
Amounts payable within one year42/48€481k€487k▲
Current portion of amounts payable after more than one year42€95k€60k▼
Financial debts43€40k-
Credit institutions430/8€40k-
Trade debts44€346k€398k▲
Suppliers440/4€346k€398k▲
Taxes, remuneration and social security45€698€2k▲
Taxes450/3€698€2k▲
Other amounts payable47/48-€27k
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€58k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€88k▼
Other operating charges640/8€6k€17k▲
Gross operating margin9900€361k€436k▲
Operating profit (loss)9901€203k€272k▲
Financial income75/76B€39€214▲
Recurring financial income75€39€214▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€191k€263k▲
Income taxes67/77€56k€78k▲
Profit (loss) for the period9904€135k€185k▲
Profit (loss) for the period to be appropriated9905€135k€185k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€185k▲
Transfer to equity691/2€135k€185k▲
To other reserves6921€135k€185k▲
Social balance
Average headcount (FTE)90871.21.2=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €185k ▲36.9%
Operating result €272k, net result €185k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €500kEq €587k ▲26.5%
6 profitable years in a row build equity to €587k.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Equity above €200kEq €219k ▲38%
2 profitable years in a row build equity to €219k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Niklaas · 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.
Vlasbloemstraat 1219100 Sint-NiklaasGround area
1,536 m²
Building footprint
150 m²
Volume, LiDAR
686 m³
Parcel 46017A0735/00A000, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vlasbloemstraat 121, 9100 Sint-Niklaas
since 20002.101.089.383
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017A0735/00A000 | Flanders | 1,536 m² | 1 · 150 m² | 9.4 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.101.089.383
Similar companies · same sector, comparable size
KRIS SOMERS-JOOSSENS
BE 0847.516.219
Wommelgem · Eq €896k
JOS EN RIK VAN DE VELDE
BE 0863.520.328
Lochristi · Eq €893k
BOOMKWEKERIJEN VAN DER AUWERA
BE 0441.042.667
Aartselaar · Eq €943k
PLANTDECO DE GUCHTENAERE
BE 0838.528.079
Lochristi · Eq €860k
FINESS FLOWERS
BE 0775.753.837
Assenede · Eq €959k
Of 552 companies in sector 46220 we hold annual accounts for 307. 201 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2000
Fiscal year end31-12
Activities, NACEBEL
01122
01301Crop and animal production, hunting and related service activities
46220Wholesale trade
01191Growing of flowers
43120Site preparation
45112
47761Retail sale of flowers, plants, seeds and fertilisers
52483
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.