JAC CLASSICS
ActiveSummary
JAC CLASSICS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184k and a net result of €-68k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-57
Solvency33▼-3
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 22.67 against 5.89 in 2024; short-term debt: 3.5% and cash: 1.9% of total assets), but 92.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
21 d early
2023
34 d early
2022
32 d early
2021
87 d early
2020
30 d early
2019
99 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€184k▼ 27.0%
2024 · €252k
2018: €254k
2019: €246k
2020: €282k
2021: €256k
2022: €215k
2023: €184k
2024: €252k
2018 → 2025
Total assets
€2.39M▲ 1.3%
2024 · €2.36M
2018: €2.02M
2019: €2.18M
2020: €2.20M
2021: €2.15M
2022: €2.15M
2023: €2.29M
2024: €2.36M
2018 → 2025
Net result
€-68k
2024 · €67k
2018: €-34k
2019: €-7k
2020: €35k
2021: €-25k
2022: €-41k
2023: €-31k
2024: €67k
2018 → 2025
Working capital
€1.80M▲ 19.2%
2024 · €1.51M
2018: €1.05M
2019: €1.31M
2020: €1.39M
2021: €1.34M
2022: €1.33M
2023: €1.43M
2024: €1.51M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€256k-€215k▼ 16.0%€184k▼ 14.3%€252k▲ 36.4%€184k▼ 27.0%
Operating result€-20k-€-36k▼ 84.3%€-20k▲ 46.4%€69k€-65k
Net result€-25k-€-41k▼ 61.0%€-31k▲ 24.9%€67k€-68k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €65k after €69k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.39M
Fixed assets
€511k ▼ 6.4%
Current assets
€1.88M ▲ 3.6%
Equity and liabilities €2.39M
Equity
€184k ▼ 27.0%
Debt
€2.21M ▲ 4.6%
Debt's share of the balance-sheet total rises from 89.3% to 92.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-25k▼
2024 · €110k
Cash flow
€-28k▼
2024 · €108k
Current ratio
22.67▲
2024 · 5.89
Quick ratio
1.36▲
2024 · 0.16
Debt to equity
12.02▲
2024 · 8.39
ROE
-36.9%▼
2024 · 26.7%
ROA
-2.8%▼
2024 · 2.8%
Interest coverage
-9.60▼
2024 · 24.77
Debt ≤ 1 year
€83k▼
2024 · €308k
Debt > 1 year
€2.11M▲
2024 · €1.79M
Income taxes
€548▲
2024 · €185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.36M€2.39M▲
Fixed assets21/28€546k€511k▼
Tangible fixed assets22/27€545k€511k▼
Land and buildings22€502k€476k▼
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€24k€21k▼
Financial fixed assets28€635€135▼
Current assets29/58€1.82M€1.88M▲
Stocks and contracts in progress3€1.77M€1.77M=
Stocks30/36€1.77M€1.77M=
Amounts receivable within one year40/41€5k€15k▲
Trade receivables40-€15k
Other amounts receivable41€5k-
Cash at bank and in hand54/58€29k€44k▲
Deferred charges and accrued income490/1€15k€53k▲
Equity and liabilities
Total equity and liabilities10/49€2.36M€2.39M▲
Equity10/15€252k€184k▼
Contributions10/11€212k€212k=
Capital10€212k€212k=
Issued capital100€212k€212k=
Reserves13€118k€118k=
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Distributable reserves133€97k€97k=
Profit (loss) carried forward14€-79k€-146k▼
Amounts payable17/49€2.11M€2.21M▲
Amounts payable after more than one year17€1.79M€2.11M▲
Financial debts170/4€1.79M€2.11M▲
Amounts payable within one year42/48€308k€83k▼
Current portion of amounts payable after more than one year42€27k€27k=
Trade debts44€13k€30k▲
Suppliers440/4€13k€30k▲
Taxes, remuneration and social security45€382€812▲
Taxes450/3€382€812▲
Other amounts payable47/48€268k€25k▼
Accrued charges and deferred income492/3€12k€12k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€40k▼
Other operating charges640/8€7k€7k▼
Non-recurring operating charges66A€15k-
Gross operating margin9900€131k€-18k▼
Operating profit (loss)9901€69k€-65k▼
Financial income75/76B€3k€125▼
Recurring financial income75€3k€125▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€67k€-67k▼
Income taxes67/77€185€548▲
Profit (loss) for the period9904€67k€-68k▼
Profit (loss) for the period to be appropriated9905€67k€-68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-146k▼
Profit (loss) brought forward from the previous period14P€-146k€-79k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-68k ▼201%
Net result drops to €-68k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 22.67
Current ratio from 5.89 to 22.67; short-term debt falls from €308k to €83k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €67k
Net result €67k after 3 loss-making years.
31-12
Financial
Equity above €200kEq €252k ▲36.4%
Equity rises from €184k to €252k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €35k
Net result €35k after 2 loss-making years.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity triplescurrent ratio 9.07
Current ratio from 3.48 to 9.07; short-term debt falls from €421k to €162k.
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Wortegem-Petegem · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kortrijkstraat (P.-E.) 139790 Wortegem-PetegemGround area
3,383 m²
Building footprint
151 m²
Volume, LiDAR
461 m³
Parcel 45039B0172/00P002, Flanders · tallest building 3.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JAC CLASSICS
since 19882.129.899.967
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45039B0172/00P002 | Flanders | 3,383 m² | 1 · 151 m² | 3.5 m · 1 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Legal Entity Identifier
967600D5C2P72AP1ZF72
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,495 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-01-1984
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
25110Manufacture of metal structures and parts of structures
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.