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GINVEST

Active
Private limited company (pre-2019)founded 201213 yrs activeGulden-Vlieslaan 23, 1050 Elsene, BelgiumKBO/BCE: BE 0849.837.091
Summary

The computed 12-month bankruptcy probability of GINVEST is 9.7% (elevated). The 2025 annual accounts show negative equity (-€38,636) and a net result of -€3,997. Equity is shrinking by ~13.9% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
9.7% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six 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 2025
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€38,636
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
31 d late
2023
30 d late
2022
32 d late
2021
30 d late
2020
31 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GINVEST was incorporated on 23 October 2012.1 Total assets fell from EUR 71,548 in 2018 to EUR 2,604 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,997▼ 5.0%
2024 · -€3,808
Working capital
-€20,473▼ 18.6%
2019 · -€17,260
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,602▼ 0.8%-€2,723▼ 4.7%-€2,978▼ 9.4%-€3,015▼ 1.2%-€3,108▼ 3.1%
Net result-€3,304▼ 2.9%-€3,366▼ 1.9%-€3,676▼ 9.2%-€3,808▼ 3.6%-€3,997▼ 5.0%
Equity-€23,788▼ 16.1%-€27,154▼ 14.2%-€30,831▼ 13.5%-€34,639▼ 12.4%-€38,636▼ 11.5%
Total assets
Debt€23,788▲ 3.0%€27,154▲ 14.2%€30,831▲ 13.5%€34,639▲ 12.4%€38,636▲ 11.5%
Working capital
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2021: -€2,602-€2,602Net result 2021: -€3,304-€3,304Operating result 2022: -€2,723-€2,723Net result 2022: -€3,366-€3,366Operating result 2023: -€2,978-€2,978Net result 2023: -€3,676-€3,676Operating result 2024: -€3,015-€3,015Net result 2024: -€3,808-€3,808Operating result 2025: -€3,108-€3,108Net result 2025: -€3,997-€3,99720212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€2,978-€2,980Net result 2023: -€3,676-€3,680Operating result 2024: -€3,015-€3,010Net result 2024: -€3,808-€3,810Operating result 2025: -€3,108-€3,110Net result 2025: -€3,997-€4,000202320242025
The operating result stays negative: a loss of €3,108 in 2025 against €3,015 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.00=
2024 · -1.00
Debt ≤ 1 year
€38,636▲
2024 · €34,639
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 18 lines
Balance sheet Code20242025
Equity and liabilities
Equity10/15-€34,639-€38,636▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€54,639-€58,636▼
Amounts payable17/49€34,639€38,636▲
Amounts payable within one year42/48€34,639€38,636▲
Trade debts44€623€643▲
Suppliers440/4€623€643▲
Other amounts payable47/48€34,015€37,993▲
Income statement Code20242025
Other operating charges640/8€829€855▲
Gross operating margin9900-€2,186-€2,254▼
Operating profit (loss)9901-€3,015-€3,108▼
Financial charges65/66B€793€889▲
Recurring financial charges65€793€889▲
Profit (loss) for the period before taxes9903-€3,808-€3,997▼
Profit (loss) for the period9904-€3,808-€3,997▼
Profit (loss) for the period to be appropriated9905-€3,808-€3,997▼
Appropriation of the result
Profit (loss) to be appropriated9906-€54,639-€58,636▼
Profit (loss) brought forward from the previous period14P-€50,831-€54,639▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€726€747€820€829€855▲ 3.1%
Gross operating margin9900-€1,876-€1,977-€2,158-€2,186-€2,254▼ 3.1%
Operating profit (loss)9901-€2,602-€2,723-€2,978-€3,015-€3,108▼ 3.1%
Financial charges65/66B€702€643€698€793€889▲ 12.0%
Recurring financial charges65€702€643€698€793€889▲ 12.0%
Profit (loss) for the period before taxes9903-€3,304-€3,366-€3,676-€3,808-€3,997▼ 5.0%
Profit (loss) for the period9904-€3,304-€3,366-€3,676-€3,808-€3,997▼ 5.0%
Profit (loss) for the period to be appropriated9905-€3,304-€3,366-€3,676-€3,808-€3,997▼ 5.0%
Line20212022202320242025Change
Equity and liabilities
Equity10/15-€23,788-€27,154-€30,831-€34,639-€38,636▼ 11.5%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€43,788-€47,154-€50,831-€54,639-€58,636▼ 7.3%
Amounts payable17/49€23,788€27,154€30,831€34,639€38,636▲ 11.5%
Amounts payable within one year42/48€23,788€27,154€30,831€34,639€38,636▲ 11.5%
Trade debts44€657€685€736€623€643▲ 3.2%
Suppliers440/4€657€685€736€623€643▲ 3.2%
Other amounts payable47/48€23,131€26,469€30,094€34,015€37,993▲ 11.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€3,304-€3,366-€3,676-€3,808-€3,997▼ 5.0%
Operating cash flow (approximation)-€3,304-€3,366-€3,676-€3,808-€3,997▼ 5.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
539 m²
Building footprint
300 m²
Volume, LiDAR
8,773 m³
Parcel 21009A0400/00S000, Brussels · tallest building 33.2 m, ±10 floors. Linked by address, not a title deed.
19 companies at this address See who is registered here
1 establishment unit
Gulden-Vlieslaan 23, 1050 Elsene
Holdings
since 20122.213.952.744
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0400/00S000 Brussels 539 m² 1 · 300 m² 33.2 m · 10 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. CEDALEX 95%
  2. GINVEST

Highest known parent: CEDALEX. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-10-2012
Fiscal year end31-12
Contact
E-mail ginestet@eurinvest.comElsene
Phone 02-743.69.07Elsene
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.