JACK & JAY
ActiveSummary
The annual accounts of JACK & JAY for fiscal year 2024 show a net loss of 87% of the equity at the start of that year. The 2024 annual accounts show equity of €8k and a net result of €-56k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 2437 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
31
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-52
Solvency32▼-54
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.1 against 3.51 in 2023; short-term debt: 82.2% and cash: 1.7% of total assets), and 92.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2024Solvency, return and age of the figures
Solvency
7.2%
Return on assets
-49%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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 13% of 2437 sector peers (2024).
NBB · sector comparisonPosition among 2437 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
98 d late
2023
36 d late
2022
31 d late
2021
8 d late
2020
101 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€8k▼ 87.2%
2023 · €65k
2018: €24k
2019: €38k
2020: €55k
2021: €59k
2022: €64k
2023: €65k
2018 → 2024
Total assets
€115k▲ 8.6%
2023 · €106k
2018: €101k
2019: €88k
2020: €85k
2021: €117k
2022: €122k
2023: €106k
2018 → 2024
Net result
€-56k
2023 · €414
2018: €3k
2019: €14k
2020: €5k
2021: €16k
2022: €5k
2023: €414
2018 → 2024
Working capital
€10k▼ 83.6%
2023 · €58k
2018: €21k
2019: €36k
2020: €54k
2021: €56k
2022: €25k
2023: €58k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€55k-€59k▲ 6.2%€64k▲ 9.0%€65k▲ 0.6%€8k▼ 87.2%
Operating result€9k-€28k▲ 220%€9k▼ 67.9%€4k▼ 55.0%€-54k
Net result€5k-€16k▲ 185%€5k▼ 65.8%€414▼ 92.2%€-56k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €54k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €115k
Fixed assets
€11k ▼ 56.2%
Current assets
€104k ▲ 28.7%
Equity and liabilities €115k
Equity
€8k ▼ 87.2%
Debt
€107k ▲ 158%
Debt's share of the balance-sheet total rises from 39.0% to 92.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-40k▼
2023 · €18k
Cash flow
€-42k▼
2023 · €15k
Current ratio
1.10▼
2023 · 3.51
Quick ratio
1.02▼
2023 · 3.25
Debt to equity
12.92▲
2023 · 0.64
ROE
-682.0%▼
2023 · 0.6%
ROA
-49.0%▼
2023 · 0.4%
Interest coverage
-8.40▼
2023 · 3.96
Debt ≤ 1 year
€95k▲
2023 · €23k
Debt > 1 year
€12k▼
2023 · €18k
Income taxes
€-1k▼
2023 · €513
Staff costs
€5k▼
2023 · €11k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€106k€115k▲
Fixed assets21/28€25k€11k▼
Tangible fixed assets22/27€25k€11k▼
Plant, machinery and equipment23€586-
Furniture and vehicles24€24k€11k▼
Financial fixed assets28€269€269=
Current assets29/58€81k€104k▲
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€61k€93k▲
Trade receivables40€45k€76k▲
Other amounts receivable41€17k€17k▲
Cash at bank and in hand54/58€12k€2k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€106k€115k▲
Equity10/15€65k€8k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€56k€-95▼
Amounts payable17/49€41k€107k▲
Amounts payable after more than one year17€18k€12k▼
Financial debts170/4€18k€12k▼
Amounts payable within one year42/48€23k€95k▲
Financial debts43€6k€7k▲
Credit institutions430/8€6k€7k▲
Trade debts44€14k€62k▲
Suppliers440/4€14k€62k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9-€20
Other amounts payable47/48-€20k
Income statement
Code20232024
Remuneration, social security and pensions62€11k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€30k€-32k▼
Operating profit (loss)9901€4k€-54k▼
Financial income75/76B€2k€974▼
Recurring financial income75€2k€974▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€928€-57k▼
Income taxes67/77€513€-1k▼
Profit (loss) for the period9904€414€-56k▼
Profit (loss) for the period to be appropriated9905€414€-56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€-95▼
Profit (loss) brought forward from the previous period14P€56k€56k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 98 days late
2024
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series.
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.51
Current ratio from 1.44 to 3.51; short-term debt falls from €58k to €23k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Highest result since 2018net €16k ▲185%
Operating result €28k, net result €16k, both a record.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 43 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Morlanwelz · 1 establishment unit since 2012
Ground area
2,451 m²
Building footprint
160 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Briquetterie 9, 7160 Chapelle-lez-Herlaimont
since 20122.209.923.878
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0079/00Y000 | Wallonia | 1,615 m² | - | - |
| 52010A0053/00L004 | Wallonia | 836 m² | 1 · 160 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 363 companies in sector 25210 we hold annual accounts for 281. 44 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 formPrivate limited company
Founded04-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
25210Manufacture of fabricated metal products, except machinery and equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.