GINKGO Associates
ActiveGINKGO Associates is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2022 annual accounts show equity of €1.96M and a net result of €670k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 66% of 8124 sector peers (fiscal year 2022). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-06-2023, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
56 d early
2021
54 d early
2020
40 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€1.96M▲ 48.4%
2021 · €1.32M
2018: €609k
2019: €784k
2020: €951k
2021: €1.32M
2018 → 2022
Net result
€670k▲ 56.8%
2021 · €427k
2018: €178k
2019: €175k
2020: €268k
2021: €427k
2018 → 2022
Total assets
€2.87M▲ 32.2%
2021 · €2.17M
2018: €1.25M
2019: €1.36M
2020: €1.72M
2021: €2.17M
2018 → 2022
Solvency
68.3%▲ 7.4pp
2021 · 60.8%
2018: 48.7%
2019: 57.5%
2020: 55.2%
2021: 60.8%
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€609k-€784k▲ 28.8%€951k▲ 21.4%€1.32M▲ 38.6%€1.96M▲ 48.4%
Operating result€275k-€267k▼ 3.1%€395k▲ 48.4%€621k▲ 57.0%€974k▲ 56.9%
Net result€178k-€175k▼ 1.6%€268k▲ 53.0%€427k▲ 59.6%€670k▲ 56.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed three years in a row; 2022 is 57% above 2021 and is the highest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.87M
Fixed assets
€1.63M▲ 55.2%
Current assets
€1.23M▲ 10.4%
Equity and liabilities €2.87M
Equity
€1.96M▲ 48.4%
Debt
€909k▲ 7.1%
The debt ratio falls from 39.2% to 31.7%: equity grows faster than debt.
Key figures and ratios
Solvency
68.3%▲
2021 · 60.8%
ROE
34.3%▲
2021 · 32.4%
ROA
23.4%▲
2021 · 19.7%
Debt
€909k▲
2021 · €849k
Debt ≤ 1 year
€351k▲
2021 · €236k
Debt > 1 year
€556k▼
2021 · €613k
Income taxes
€306k▲
2021 · €190k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€2.17M€2.87M▲
Fixed assets21/28€1.05M€1.63M▲
Tangible fixed assets22/27€767k€1.07M▲
Land and buildings22€589k€569k▼
Furniture and vehicles24€178k€236k▲
Leasing and similar rights25-€264k
Financial fixed assets28€287k€566k▲
Current assets29/58€1.11M€1.23M▲
Amounts receivable after more than one year29€640k€640k=
Other amounts receivable291€640k€640k=
Amounts receivable within one year40/41€164k€5k▼
Trade receivables40€164k€5k▼
Current investments50/53€82k€82k=
Cash at bank and in hand54/58€228k€503k▲
Deferred charges and accrued income490/1€941€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.87M▲
Equity10/15€1.32M€1.96M▲
Contributions10/11€6k€6k=
Reserves13€1.31M€1.95M▲
Distributable reserves133€1.31M€1.95M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€849k€909k▲
Amounts payable after more than one year17€613k€556k▼
Financial debts170/4€613k€556k▼
Amounts payable within one year42/48€236k€351k▲
Current portion of amounts payable after more than one year42€57k€57k▲
Financial debts43€44k€67k▲
Credit institutions430/8€44k€67k▲
Trade debts44€9k€15k▲
Suppliers440/4€9k€15k▲
Taxes, remuneration and social security45€127k€209k▲
Taxes450/3€127k€209k▲
Other amounts payable47/48€60€3k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20212022
Non-recurring operating income76A€30k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€46k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€648k€1.02M▲
Operating profit (loss)9901€621k€974k▲
Financial income75/76B€5k€12k▲
Recurring financial income75€5k€12k▲
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€617k€976k▲
Income taxes67/77€190k€306k▲
Profit (loss) for the period9904€427k€670k▲
Profit (loss) for the period to be appropriated9905€427k€670k▲
Appropriation of the result
Profit (loss) to be appropriated9906€427k€670k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€60k€30k▼
Transfer to equity691/2€427k€668k▲
To other reserves6921€427k€668k▲
Profit to be distributed694/7€60k€33k▼
Return on contributions (dividend)694€60k€30k▼
Directors or managers695-€3k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-07
State Gazette act
General meeting · Statutes amendment
Director reappointment · Permanent representative
2025
19-05
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2024
20-03
State Gazette act
Director resignation · Director appointment
Director reappointment · Board composition
14-03
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2022
31-12
Financial
Highest result since 2018net €670k ▲56.8%
Operating result €974k, net result €670k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €1MEq €1.32M ▲38.6%
4 profitable years in a row build equity to €1.32M.
07-12
State Gazette act
General meeting · Name change
Registered-office move · Purpose change
27-10
State Gazette act
Board meeting · Director resignation
Director appointment · Mandate compensation
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €175k ▼1.6%
Net result drops to €175k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
State Gazette act
Incorporation · Founding capital
Corporate purpose · First fiscal year
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
01-07
State Gazette act
General meeting · Board meeting
Auditor appointment · Director resignation
11-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2014
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
14-04-2014
Resigned as Manager
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2010
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.
Tennispad 28300 Knokke-HeistGround area
876 m²
Building footprint
280 m²
Volume, LiDAR
1,588 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ginkgo Associates
since 20102.194.696.462
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0886/00A000 | Flanders | 739 m² | 1 · 142 m² | 9.2 m · 1 fl. |
| 31013C0061/00_000 | Flanders | 138 m² | 1 · 138 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
6 connected companiesNetwork connections
Shared director
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Shared director
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Shared director
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Shared director
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Show 2 more network connections
Shared director
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Shared director
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Ownership & control
5 partiesGINKGO AssociatesBE 0831.313.061
controls
Where this company holds controlthis company sits on their board5
24 locations
2 subsidiaries · 1 location
1 location
1 location
1 location
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 10,938 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded23-11-2010
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.