Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ginvest from Turnhout, company number BE0875174481, closed financial year 2025 with a result of € 652,424 after tax. For that financial year Ginvest recorded a gross margin of € 1.2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 84,851 to € 652,424. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 1.7 million
▲ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 652,424
▲ € 567,574 vs 2024
Profit after tax over the fiscal year.
€ 45,196
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.6 million.
Debts at end 2025
€ 835,351
▼ 15% vs 2024
€ 149,984 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 49,641
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 601,508 | € 885,862 | € 471,871 | € 1,214,049 | ▲ 157% |
| Profit after taxes | € 159,465 | € 328,033 | € 84,851 | € 652,424 | ▲ € 567,574 |
| Equity | € 3,299,922 | € 930,787 | € 1,015,638 | € 1,668,062 | ▲ 64% |
| Total debts | € 1,491,041 | € 4,048,354 | € 3,615,478 | € 2,267,029 | ▼ 37% |
| Cash | € 527,318 | € 315,568 | € 196,701 | € 45,196 | ▼ 77% |
| Land & buildings | € 4,253,315 | € 4,159,578 | € 3,798,558 | € 3,567,242 | ▼ 6% |
| Retained profit | € 541,254 | € 869,287 | € 954,138 | € 1,606,562 | ▲ 68% |
| Bank debt | € 1,280,302 | € 1,132,806 | € 984,501 | € 835,351 | ▼ 15% |
| Balance sheet total | € 4,790,963 | € 4,979,141 | € 4,631,116 | € 3,935,091 | ▼ 15% |
Key figures of Ginvest, 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 Ginvest?
What happened at Ginvest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 652,424 (▲ € 567,574 vs 2024). Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,465 profit in 2022 to € 652,424 profit in 2025.
Paid € 397,065 in corporate taxes since 2022.
Best year ever: 2025, with € 652,424 profit.
Management
Behind Ginvest are Michel Gillis, Chantal Gillis and Maria Gillis.
Directors
According to the 2025 annual accounts
Michel Gillis
Director
Chantal Gillis
Director
Maria Gillis
Managing director
Establishments
Establishment units
Physical locations of this company
Steenweg op Antwerpen 33-35
2300 Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0875.174.481
- VAT number
- BE 0875.174.481
- Registered office
- Steenweg op Antwerpen 33-35, 2300 Turnhout
- Names & denominations
- Ginvest
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2005
- Peppol
- Active · Active since 13 Nov 2025