JAFOR
ActiveSummary
JAFOR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28k and a net result of €-1k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 4354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-6
Solvency42▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.06 in 2023; short-term debt: 83% and cash: 19.3% of total assets), and 83.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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
16.7%
Return on assets
-0.7%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-1k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4354 sector peers (2024).
NBB · sector comparisonPosition among 4354 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
28 d late
2022
30 d late
2021
29 d late
2020
30 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€28k▼ 3.9%
2023 · €29k
2018: €21k
2019: €-30k
2020: €-15k
2021: €23k
2022: €33k
2023: €29k
2018 → 2024
Total assets
€167k▼ 26.1%
2023 · €227k
2018: €219k
2019: €190k
2020: €139k
2021: €260k
2022: €349k
2023: €227k
2018 → 2024
Net result
€-1k▲ 72.2%
2023 · €-4k
2018: €14k
2019: €-51k
2020: €15k
2021: €39k
2022: €20k
2023: €-4k
2018 → 2024
Working capital
€21k▲ 78.3%
2023 · €12k
2018: €-8k
2019: €-52k
2020: €-27k
2021: €-9k
2022: €47k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-15k-€23k€33k▲ 41.1%€29k▼ 12.2%€28k▼ 3.9%
Operating result€12k-€42k▲ 254%€34k▼ 20.7%€2k▼ 95.1%€6k▲ 236%
Net result€15k-€39k▲ 164%€20k▼ 49.3%€-4k€-1k▲ 72.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 236% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €167k
Fixed assets
€7k ▼ 65.9%
Current assets
€160k ▼ 22.0%
Equity and liabilities €167k
Equity
€28k ▼ 3.9%
Debt
€139k ▼ 29.4%
Debt's share of the balance-sheet total falls from 87.1% to 83.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11k▼
2023 · €14k
Cash flow
€4k▼
2023 · €9k
Current ratio
1.15▲
2023 · 1.06
Quick ratio
1.13▲
2023 · 1.01
Debt to equity
4.98▼
2023 · 6.78
ROE
-4.0%▲
2023 · -13.8%
ROA
-0.7%▲
2023 · -1.8%
Interest coverage
5.15▼
2023 · 7.05
Debt ≤ 1 year
€139k▼
2023 · €194k
Income taxes
€5k▼
2023 · €5k
Staff costs
€34k▼
2023 · €73k
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€227k€167k▼
Fixed assets21/28€21k€7k▼
Intangible fixed assets21€10k€7k▼
Tangible fixed assets22/27€11k-
Land and buildings22€4k-
Plant, machinery and equipment23€1k-
Furniture and vehicles24€5k-
Other tangible fixed assets26€2k-
Current assets29/58€206k€160k▼
Stocks and contracts in progress3€11k€3k▼
Stocks30/36€11k€3k▼
Amounts receivable within one year40/41€141k€125k▼
Trade receivables40€141k€125k▼
Other amounts receivable41-€4
Cash at bank and in hand54/58€54k€32k▼
Deferred charges and accrued income490/1€336€356▲
Equity and liabilities
Total equity and liabilities10/49€227k€167k▼
Equity10/15€29k€28k▼
Contributions10/11€20k€20k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€8k€7k▼
Amounts payable17/49€198k€139k▼
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€194k€139k▼
Current portion of amounts payable after more than one year42€5k-
Trade debts44€143k€105k▼
Suppliers440/4€143k€105k▼
Taxes, remuneration and social security45€45k€33k▼
Taxes450/3€37k€33k▼
Remuneration and social security454/9€8k-
Other amounts payable47/48€787€787=
Accrued charges and deferred income492/3-€529
Income statement
Code20232024
Remuneration, social security and pensions62€73k€34k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€5k▼
Other operating charges640/8€5k€12k▲
Gross operating margin9900€93k€57k▼
Operating profit (loss)9901€2k€6k▲
Financial income75/76B€1k€12▼
Recurring financial income75€1k€12▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€713€3k▲
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€-4k€-1k▲
Profit (loss) for the period to be appropriated9905€-4k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€7k▼
Profit (loss) brought forward from the previous period14P€12k€8k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €39k ▲164%
Operating result €42k, net result €39k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-51k ▼467%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Hoogstraten · 1 establishment unit since 2013
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.
Putten 312320 HoogstratenGround area
3,074 m²
Building footprint
1,191 m²
Volume, LiDAR
32 m³
Parcel 13014F0252/00F000, Flanders · tallest building 4.3 m. Linked by address, not a title deed.
1 establishment unit
Jafor
since 20132.223.084.996
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014F0252/00F000 | Flanders | 3,074 m² | 1 · 1,191 m² | 4.3 m |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 900 EUR awarded · 900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 900 EUR | 900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 685 companies in sector 74112 we hold annual accounts for 312. 163 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
Founded01-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
74112Other professional, scientific and technical activities
43990Other specialised construction activities
46841Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.