Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
GinQuest from Hasselt, company number BE0651917105, closed financial year 2025 with a result of € -3,532 after tax. For that financial year GinQuest recorded a gross margin of € 20,955 and equity of € 20,806. Compared with financial year 2024, the result moved from € -15,818 to € -3,532. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 20,806
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,532
▲ 78 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,128
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -194.
People and assets in 2025
€ 11,169
▼ 73% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,452
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 33,063
▲ 87% vs 2024
€ 4,833 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 55,608
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,751
▼ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,009 | € 71,511 | € 38,644 | € 20,955 | ▼ 46% |
| Profit after taxes | € -34,302 | € 2,692 | € -15,818 | € -3,532 | ▲ € 12,286 |
| Equity | € 37,464 | € 40,156 | € 24,338 | € 20,806 | ▼ 15% |
| Total debts | € 81,593 | € 102,466 | € 118,725 | € 102,010 | ▼ 14% |
| Cash | € 30,501 | € 23,158 | € 8,720 | € 3,128 | ▼ 64% |
| Retained profit | € 16,464 | € 19,156 | € 3,338 | € -194 | ▼ € 3,532 |
| Bank debt | € 16,500 | € 31,001 | € 17,649 | € 33,063 | ▲ 87% |
| Balance sheet total | € 119,057 | € 142,621 | € 143,063 | € 122,815 | ▼ 14% |
Key figures of GinQuest, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GinQuest?
What happened at GinQuest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,532. filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,302 loss in 2022 to € 3,532 loss in 2025.
Paid € 459 in corporate taxes since 2022.
Best year ever: 2023, with € 2,692 profit.
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 196
3511 Hasselt
Lijsterstraat 16 box 5
3530 Houthalen-Helchteren
Active since 14 April 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0651.917.105
- VAT number
- BE 0651.917.105
- Registered office
- Nieuwstraat 196, 3511 Hasselt
- Names & denominations
- GinQuest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2016
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Vervaardiging van gedistilleerde dranken door distilleren, rectificeren en mengen
Vervaardiging van andere niet-gedistilleerde gegiste dranken
Groothandel in dranken, algemeen assortiment
Vervaardiging van cider en andere gefermenteerde vruchtendranken
Detailhandel in wijnen en geestrijke dranken
Detailhandel in dranken, algemeen assortiment
Vervaardiging van wijn uit druiven