JECATH
Open bankruptcyA bankruptcy procedure is open for JECATH according to publications in the Belgian State Gazette; curator: CLEMENTINE MALSCHALCK.
Summary
The 2023 annual accounts show equity of €27k and a net result of €-43k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 29-04-2024, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
1 d early
2022
4 d early
2021
2 d early
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€27k▼ 61.7%
2022 · €70k
2018: €30k
2019: €45k
2020: €47k
2021: €69k
2022: €70k
2018 → 2023
Total assets
€140k▼ 23.5%
2022 · €184k
2018: €106k
2019: €171k
2020: €139k
2021: €150k
2022: €184k
2018 → 2023
Net result
€-43k
2022 · €986
2018: €77k
2019: €15k
2020: €2k
2021: €22k
2022: €986
2018 → 2023
Working capital
€13k▼ 77.8%
2022 · €58k
2018: €12k
2019: €17k
2020: €27k
2021: €58k
2022: €58k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€45k-€47k▲ 3.8%€69k▲ 47.4%€70k▲ 1.4%€27k▼ 61.7%
Operating result€17k-€3k▼ 81.6%€25k▲ 690%€10k▼ 59.8%€-41k
Net result€15k-€2k▼ 88.8%€22k▲ 1,203%€986▼ 95.6%€-43k
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 2023: a loss of €41k after €10k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €140k
Fixed assets
€14k ▲ 17.0%
Current assets
€126k ▼ 26.4%
Equity and liabilities €140k
Equity
€27k ▼ 61.7%
Debt
€113k ▲ 0.2%
Debt's share of the balance-sheet total rises from 61.7% to 80.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-39k▼
2022 · €12k
Cash flow
€-41k▼
2022 · €3k
Current ratio
1.11▼
2022 · 1.52
Quick ratio
0.89▼
2022 · 1.29
Debt to equity
4.20▲
2022 · 1.61
ROE
-160.8%▼
2022 · 1.4%
ROA
-30.9%▼
2022 · 0.5%
Interest coverage
-7.12▼
2022 · 1.02
Debt ≤ 1 year
€113k▲
2022 · €113k
Staff costs
€76k▼
2022 · €81k
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 · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€184k€140k▼
Fixed assets21/28€12k€14k▲
Tangible fixed assets22/27€12k€14k▲
Plant, machinery and equipment23-€2k
Other tangible fixed assets26€12k€12k▲
Financial fixed assets28€120€120=
Current assets29/58€172k€126k▼
Stocks and contracts in progress3€25k€26k▲
Stocks30/36€25k€26k▲
Amounts receivable within one year40/41€83k€83k▼
Trade receivables40€21k€24k▲
Other amounts receivable41€62k€59k▼
Cash at bank and in hand54/58€21k€17k▼
Deferred charges and accrued income490/1€42k€1k▼
Equity and liabilities
Total equity and liabilities10/49€184k€140k▼
Equity10/15€70k€27k▼
Contributions10/11€46k€46k=
Capital10€46k€46k=
Issued capital100€46k€46k=
Reserves13€77k€37▼
Non-distributable reserves130/1€37€37=
Legal reserve130€37€37=
Tax-exempt reserves132€77k-
Profit (loss) carried forward14€-52k€-19k▲
Amounts payable17/49€113k€113k▲
Amounts payable within one year42/48€113k€113k▲
Trade debts44€90k€87k▼
Suppliers440/4€90k€85k▼
Bills of exchange payable441-€2k
Taxes, remuneration and social security45€23k€27k▲
Taxes450/3€13k€14k▲
Remuneration and social security454/9€10k€13k▲
Income statement
Code20222023
Remuneration, social security and pensions62€81k€76k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€43k
Gross operating margin9900€96k€84k▼
Operating profit (loss)9901€10k€-41k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Non-recurring financial income76B-€244
Financial charges65/66B€11k€6k▼
Recurring financial charges65€11k€6k▼
Profit (loss) for the period before taxes9903€986€-43k▼
Profit (loss) for the period9904€986€-43k▼
Transfer from tax-exempt reserves789-€77k
Profit (loss) for the period to be appropriated9905€986€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-19k▲
Profit (loss) brought forward from the previous period14P€-53k€-52k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-09
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · JECATH SCRL RUE DE BRUXELLES 32, 1400 NIVELLES · event 12-09-2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-43k ▼4500%
Net result drops to €-43k, the lowest in the series.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
19-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Nivelles · 2 establishment units since 1990
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.
Rue de Bruxelles 321400 NivellesGround area
235 m²
Building footprint
135 m²
Volume, LiDAR
341 m³
2 parcels, Wallonia · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
LE CIGALON
since 19902.050.454.492
Rue de Bruxelles 22, 1400 Nivelles
since 20152.242.544.681
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782D0516/00D000 | Wallonia | 175 m² | 1 · 99 m² | - |
| 25782D0511/00E000 | Wallonia | 60 m² | 1 · 36 m² | 13.3 m · 3 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLEMENTINE MALSCHALCK OFF.PARK GREEN,
RUE DU PANIER VERT 70, 1400 NIVELLES- |
12-09-2024 → present |
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,313 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 formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded28-08-1990
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.