GINKGO Associates is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For GINKGO Associates, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €2.0m and a net result of €670,126. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 66% of 7,972 sector peers (NACE 64, financial year 2022). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: At least two filing cycles are missing
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 41 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Key points
Positive: Among the best 5% on net resultsector median €29,325 · 7,977 companies€670,126View
Positive: Result rose in 2022from €427,428 to €670,126▲ 56.8%View
0831.313.061. In Belgium the VAT number is the company number with BE in front: BE 0831.313.061.
Where is GINKGO Associates based?
The registered office is at Tennispad 2, 8300 Knokke-Heist.Company details
What does GINKGO Associates do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of GINKGO Associates?
Limited partnership (CommV).
When was GINKGO Associates founded?
On 23-11-2010.
Is GINKGO Associates still active?
Yes, GINKGO Associates is an active enterprise in the KBO register.
What is the turnover of GINKGO Associates?
≈ €1.9m in financial year 2022. Estimated from the gross margin of €1.0m: probably between €1.2m and €2.5m, based on 56 comparable companies of the same size. A rough estimate.Financials
Is GINKGO Associates profitable?
In financial year 2022, GINKGO Associates made a profit of €670,126.
Where can I find the annual accounts of GINKGO Associates?
GINKGO Associates filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2022.Annual accounts 2022 (PDF)