Gross margin from -€2,284 to -€9,983Loss of €19,071Registered office moved from Wilrijk to Antwerp08-08Equity from €995 to -€18,076Debts from €28,130 to €18,656Cash from €2,893 to €117
Lower solvency than 95% of companies in real estate. Sector median 31.0% · 19,803 companies.
2025 accounts filed 24 days after the deadlineTurnover not published (micro format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and 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.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,909 companies had the same profile as GINKO has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Micro
10 to 20 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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
2.9%
3.1%
10
5.6%
6.1%
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 6,909 companies, not a prediction for GINKO. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered office moved within Antwerp
New registered office: Bist 14 bus 6, 2610 Antwerpen · Previous registered office: Haantjeslei 105 102 2018 Antwerpen België · General meeting of 29-06-2026 · Gazette deed
Registered office moved from Wilrijk to Antwerp
New registered office: Haantjeslei 105 bus 102-2018 Antwerpen · Previous registered office: Prins Boudewijnlaan 313-2610 Wilrijk · Gazette deed
Change of role: Name after signing inVisible after signing in, from manager to director
Director discharge: Name hiddenVisible after signing in · General meeting of 25-08-2023 · Gazette deed
Registered office moved from Antwerp to Wilrijk
New registered office: Prins Boudewijnlaan 313 te 2610 Wilrijk · Previous registered office: Ankerrui 44 te 2000 Antwerpen · General meeting of 23-04-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as GINKO: real estate appraisal on a fee or contract basis (NACE 68322). They are comparable in size and age: total assets between €364 and €4,730, founded between 2007 and 2021.