Active BE 0501.621.246Private limited company

J2L

Outrijvestraat(H) 24 A ·8551 Zwevegem, Belgium· 13 yrs active

Sector: Agents in non-specialised wholesale trade (46190)

Conclusion Checked

J2L has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €25k. Equity is growing by ~108.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 3381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€32k
Net result	€25k
Better than sector	65%
Active	13 yrs

Financial profile 5 of 5 axes measured · computed by Checked

81 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 69

Profitability 100

Solvency 59

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2012, 13 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

69 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€2k

estimate, not credit advice

Score history

43 2022

25 2023

69 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.65 (< 1.0) -10

Leverage Debt/equity 1.28 (< 2.0) +3

Profitability ROE 79% (≥ 10%) +10

Interest coverage Interest coverage 206.6× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview12 NBB filings

Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~108.5%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	44.0%	25.2%	better than 65% of 3381 sector peers
Net result	€25k	€4k	better than 76% of 3367 sector peers
Equity	€32k	€22k	better than 57% of 3388 sector peers
Gross operating margin	€55k	€19k	better than 72% of 3353 sector peers
Total assets	€72k	€105k	better than 40% of 3386 sector peers

EBITDA

€54k

+344.8% 22-24

Net profit

€25k

- 22-24

Cash flow

€40k

+249.7% 22-24

Total assets

€72k

-14.9% 22-24

Equity

€32k

+386.3% 22-24

Working capital

€-11k

-52.5% 22-24

Income taxes

€14k

+3165.7% 22-24

Debt

€40k

-48.4% 22-24

Debt ≤ 1y

€31k

+15.7% 22-24

Debt > 1y

€9k

-81.7% 22-24

Current ratio

0.65

-11.4% 22-24

Quick ratio

0.65

-11.4% 22-24

Solvency

44.0%

+471.8% 22-24

Debt / equity

1.28

-89.4% 22-24

ROE

79.4%

- 22-24

ROA

34.9%

- 22-24

Interest coverage

206.65

+383.6% 22-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023	2022
Deposit	micro schema	micro schema	micro schema
Revenue	-	-	-
EBITDA	€54k	€12k	€19k
Net profit	€25k	€-3k	€4k
Cash flow	€40k	€11k	€10k
Staff costs	-	-	-
Income taxes	€14k	€421	€2k
Dividends	-	-	-
Total assets	€72k	€85k	€77k
Equity	€32k	€7k	€10k
Debt	€40k	€78k	€67k
of which ≤ 1y	€31k	€27k	€67k
of which > 1y	€9k	€52k	-
Working capital	€-11k	€-7k	€-53k
Employees (FTE)	-	-	-

Ratios (computed)

	2024	2023	2022
Current ratio	0.65	0.74	0.20
Quick ratio	0.65	0.74	0.20
Working capital ratio	-14.9%	-8.3%	-69.2%
Solvency	44.0%	7.7%	13.1%
Debt / equity	1.28	12.01	6.66
Long-term debt ratio	0.30	7.90	-
Interest coverage	206.65	42.73	257.96
Gross margin	-	-	-
Net margin	-	-	-
ROA	34.9%	-4.1%	5.4%
ROE	79.4%	-53.4%	41.4%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €52k · 72.0% Current assets €20k · 28.0%

Equity & liabilities

Equity €32k · 44.0% Debt €40k · 56.0%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€72k	€85k	€77k
Fixed assets	21/28	€52k	€65k	€63k
Tangible fixed assets	22/27	€37k	€52k	€50k
Financial fixed assets	28	€15k	€14k	€14k
Current assets	29/58	€20k	€20k	€14k
Amounts receivable within one year	40/41	€17k	€17k	€13k
Cash & bank	54/58	€3k	€2k	€386
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€72k	€85k	€77k
Equity	10/15	€32k	€7k	€10k
Contributions / capital	10/11	€6k	€6k	€6k
Reserves	13	€26k	€5k	€5k
Accumulated profits (losses)	14	€0	€-5k	€-1k
Amounts payable	17/49	€40k	€78k	€67k
Amounts payable after one year	17	€9k	€52k	-
Amounts payable within one year	42/48	€31k	€27k	€67k
Trade debts payable within one year	44	€2k	€2k	€35k
Income statement
Gross operating margin	9900	€55k	€14k	€19k
Operating result	9901	€39k	€-3k	€13k
Financial income	75	€0	€0	€0
Financial charges	65	€261	€284	€72
Result before taxes	9903	€39k	€-3k	€6k
Income taxes	67/77	€14k	€421	€2k
Net result for the period	9904	€25k	€-3k	€4k
Result to be appropriated	9905	€25k	€-3k	€4k

Directors & mandates 1 directors

Current directors & mandates

DUMONT Peter
Director
State Gazette act 23309331 (30-01-2023)

Current
30-01-2023 → present

Legal Structure

NACE primary	Agents in non-specialised wholesale trade(46190)
Legal form	Private limited company(610)
Incorporation	28-11-2012
Status	Active
Postal code	8551

Establishment units 1 location

J2L

Outrijvestraat(H) 24 A, 8551 ZwevegemAgents specialised in the wholesale of other particular products

since 20122.214.465.260

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34014B1345/00R000	Flanders	806 m²	1 · 122 m²	8.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 13Financial 2Gazette 1Filings 10

2025

01-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €25k

Net result €25k after one loss-making year.

12-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-3k ▼184%

Net result drops to €-3k, the lowest in the series; recovery starts the following year.

29-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

30-01

State Gazette act Director changes

Thomas Dusselier

2022

13-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

21-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

15-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

11-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

26-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

23-05

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

27-07

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2023

30-01-2023 DUMONT Peter appointed as director Director changes·Thomas Dusselier

DUMONT Peter, Bestuurder

Notary: Thomas Dusselier · Knokke-Heist

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DUMONT Peter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_pending",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "DUMONT Peter",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "pending_next_agm",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "board_snapshot",
      "role": null,
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "dagelijks_bestuur",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": "0430.203.017",
        "name": "PHILANDI CV",
        "address": "Witte Bankstraat 2, 8301 Knokke-Heist",
        "country": "BE",
        "legal_form": "CV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Thomas Dusselier",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Knokke-Heist",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-01-30",
    "filing_date": "2023-01-26",
    "act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN, BENAMING"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-01-24",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0501.621.246",
    "name_full": "Framaru",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Thomas Dusselier",
    "org_rep_person_name": null,
    "person_role_at_subject": "notaris"
  },
  "co_filed_documents": [
    "expeditie van de akte",
    "gecoordineerde statuten"
  ],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Agents in non-specialised wholesale trade46190Other non-specialised retail sale47120Retail trade47191Activities of head offices; management consultancy activities70210Public relations and communication consultancy73300

Names & trade names

Legal nameNL

J2L

Similar companies Comparable size · 2,471 of 6,183 companies in this sector with filed accounts

EcoPresent Company BE 0734.611.781 · Waasmunster

CET CONSULT BE 0668.583.584 · Braine-l'Alleud

MH Investments BE 0778.626.819 · Maldegem

ANGUS GRAND CRU BE 0719.391.095 · Kortrijk

Comptoir des Chargeurs Africains BE 0786.509.256 · Bree