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Jelani Projects

Active
Private limited companyfounded 2017active for 9 yearsMarie-Joséplein 6, 8400 Oostende, BelgiumKBO/BCE: BE 0669.586.149
Summary

The computed 12-month bankruptcy probability of Jelani Projects is 3.0% (moderate). The 2025 annual accounts show negative equity (-€119,831) and a net result of -€24,396. Equity is shrinking by about 28% per year across the filed financial years. Its solvency ranks better than 13% of 16,785 sector peers (NACE 56, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
2 sites
Size
€209,160total assets 2025
Staff
4.7 FTE
Equity
-€119,831
Loss
-€24,396
Turnover not published (micro format)
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Accounts filed 27 days late0 of 2 deeds read
Why 49raises riskSector: Food and beverage service activities (NACE 56)Negative equity -€119,831Loss of €24,396, the second in a row (financial year 2025)lowers riskSize: total assets €209,160Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -57.3% of total assets
Liquidity 36-16
short-term debt 94.3% · cash 28.6%
Profitability 7+7
return on assets -11.7%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,755 companies, NACE 56, micro)
Last 24 months 11-2024: 5.7%highest value 12-2024: 3.4%▼ -2.3 percentage points vs 11-2024 01-2025: 3.4%● unchanged vs 12-2024 02-2025: 3.4%● unchanged vs 01-2025 03-2025: 3.2%▼ -0.2 percentage points vs 02-2025 04-2025: 3.1%▼ -0.1 percentage points vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.0%▼ -0.1 percentage points vs 05-2025 07-2025: 3.0%● unchanged vs 06-2025 08-2025: 3.0%● unchanged vs 07-2025 09-2025: 2.9%▼ -0.1 percentage points vs 08-2025 10-2025: 3.2%▲ +0.3 percentage points vs 09-2025 11-2025: 4.2%▲ +1.0 percentage point vs 10-2025 12-2025: 2.7%▼ -1.5 percentage points vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.7%● unchanged vs 02-2026 04-2026: 2.7%● unchanged vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 2.5%▼ -0.1 percentage points vs 07-2026 09-2026: 2.5%● unchanged vs 08-2026lowest value 10-2026: 3.0%▲ +0.5 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.32, compared with 0.5 in 2024, below 1; short-term debt: 94.3% and cash: 28.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 9% on solvency, 31% on liquidity, 20% on profitability and 22% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity -€119,831
NBB · annual accounts
lowers risk · Size: total assets €209,160
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €24,396, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192021222425
2019 to 2025 · latest year -€119,831
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
27 days late
2024
1 day early
2022
2 days early
2021
5 days early
2020
4 days early
2019
20 days early
2018
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end23-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€117,531

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€119,831 View
  • Caution: Among the weakest 5% on equitysector median €28,931 · 16,815 companies -€119,831 View
  • Positive: Result rose in 2025from -€117,531 to -€24,396 ▲ 79.2% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€24,396 View

By topic

Financials

Financial year
2025
Total assets
€209,160
Loss
-€24,396
Solvency
-57.3%
Total assets▼ 10.2%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2019
Next accounts
by 31-10-2026
  1. 28-04-2023Annual accounts filed
  2. 25-04-2022Annual accounts filed
  3. 30-09-2021Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
13-01-2017
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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