JFL
ActiveSummary
JFL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €358k and a net result of €47k. Equity is shrinking by ~20.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 82% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▼-1
Solvency100▲+36
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.73 in 2023; short-term debt: 13.9% and cash: 0.6% of total assets), and 13.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
86.1%
Return on assets
11.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
7 d early
2022
11 d early
2021
13 d early
2020
3 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€358k▲ 15.1%
2023 · €311k
Total assets
€416k▼ 47.5%
2023 · €793k
Net result
€47k▼ 50.6%
2023 · €95k
Working capital
€-55k▲ 57.9%
2023 · €-132k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€22k▼ 44.7%€52k▲ 136%€62k▲ 19.0%€127k▲ 105%€69k▼ 45.6%
Net result€17k▼ 39.2%€41k▲ 141%€45k▲ 11.1%€95k▲ 110%€47k▼ 50.6%
Equity€970k▼ 30.9%€1.01M▲ 4.2%€656k▼ 35.1%€311k▼ 52.6%€358k▲ 15.1%
Total assets€1.46M▲ 1.1%€1.06M▼ 27.3%€1.09M▲ 2.9%€793k▼ 27.4%€416k▼ 47.5%
Debt€489k▲ 1,137%€50k▼ 89.7%€436k▲ 767%€482k▲ 10.5%€58k▼ 88.0%
Working capital€212k▼ 57.8%€397k▲ 87.4%€183k▼ 53.8%€-132k€-55k▲ 57.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €416k
Fixed assets
€414k ▼ 6.6%
Current assets
€2k ▼ 99.3%
Equity and liabilities €416k
Equity
€358k ▲ 15.1%
Debt
€58k ▼ 88.0%
Debt's share of the balance-sheet total falls from 60.8% to 13.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€98k▼
2023 · €157k
Cash flow
€76k▼
2023 · €125k
Current ratio
0.04▼
2023 · 0.73
Debt to equity
0.16▼
2023 · 1.55
ROE
13.1%▼
2023 · 30.7%
ROA
11.3%▼
2023 · 12.0%
Interest coverage
21.97▼
2023 · 8307.01
Debt ≤ 1 year
€58k▼
2023 · €482k
Income taxes
€18k▼
2023 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €145k | €146k | €144k | €30k | €29k | ▼ 2.0% |
| Other operating charges640/8 | - | €15k | €16k | €21k | €18k | ▼ 16.9% |
| Gross operating margin9900 | €183k | €213k | €221k | €178k | €116k | ▼ 34.9% |
| Operating profit (loss)9901 | €22k | €52k | €62k | €127k | €69k | ▼ 45.6% |
| Financial income75/76B | - | €3k | €9 | €0 | - | - |
| Recurring financial income75 | €273 | €3k | €9 | €0 | - | - |
| Financial charges65/66B | - | €113 | €48 | €19 | €4k | ▲ 23,584% |
| Recurring financial charges65 | €297 | €113 | €48 | €19 | €4k | ▲ 23,584% |
| Profit (loss) for the period before taxes9903 | €22k | €55k | €62k | €127k | €65k | ▼ 49.1% |
| Income taxes67/77 | €5k | €14k | €17k | €32k | €18k | ▼ 44.5% |
| Profit (loss) for the period9904 | €17k | €41k | €45k | €95k | €47k | ▼ 50.6% |
| Profit (loss) for the period to be appropriated9905 | €17k | €41k | €45k | €95k | €47k | ▼ 50.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.46M | €1.06M | €1.09M | €793k | €416k | ▼ 47.5% |
| Fixed assets21/28 | €757k | €613k | €472k | €443k | €414k | ▼ 6.6% |
| Tangible fixed assets22/27 | €757k | €613k | €472k | €443k | €414k | ▼ 6.6% |
| Land and buildings22 | - | €580k | €469k | €441k | €412k | ▼ 6.4% |
| Plant, machinery and equipment23 | - | €33k | €3k | €2k | €2k | ▼ 28.6% |
| Current assets29/58 | €701k | €448k | €619k | €350k | €2k | ▼ 99.3% |
| Amounts receivable within one year40/41 | €4k | €50k | €5k | €5k | €0 | ▼ 100% |
| Trade receivables40 | - | €45k | €700 | €700 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €5k | €5k | €5k | €0 | ▼ 100% |
| Current investments50/53 | €454k | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €768 | €158k | €374k | €105k | €2k | ▼ 97.7% |
| Deferred charges and accrued income490/1 | - | €240k | €240k | €240k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.46M | €1.06M | €1.09M | €793k | €416k | ▼ 47.5% |
| Equity10/15 | €970k | €1.01M | €656k | €311k | €358k | ▲ 15.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €951k | €992k | €637k | €293k | €340k | ▲ 16.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €990k | €635k | €293k | €340k | ▲ 16.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €489k | €50k | €436k | €482k | €58k | ▼ 88.0% |
| Amounts payable within one year42/48 | €489k | €50k | €436k | €482k | €58k | ▼ 88.0% |
| Trade debts44 | €9k | €8k | €8k | €0 | - | - |
| Suppliers440/4 | - | €8k | €8k | €0 | - | - |
| Taxes, remuneration and social security45 | - | €25k | €28k | €34k | €49k | ▲ 45.4% |
| Taxes450/3 | - | €25k | €28k | €34k | €49k | ▲ 45.4% |
| Other amounts payable47/48 | - | €18k | €400k | €448k | €8k | ▼ 98.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €41k | €45k | €95k | €47k | ▼ 50.6% |
| + Depreciation and write-downs630 | €145k | €146k | €144k | €30k | €29k | ▼ 2.0% |
| Operating cash flow (approximation) | €162k | €187k | €189k | €125k | €76k | ▼ 39.1% |
| Investment in fixed assets (approximation) | - | €-2k | €-3k | €0 | €0 | - |
| Change in cash | - | €157k | €216k | €-269k | €-102k | ▲ 62.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €95k ▲110%
Operating result €127k, net result €95k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 6current ratio 8.91
Current ratio from 1.43 to 8.91; short-term debt falls from €489k to €50k.
31-12
Financial
Equity above €1MEq €1.01M ▲4.2%
4 profitable years in a row build equity to €1.01M.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €17k ▼39.2%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 9current ratio 13.71
Current ratio from 1.52 to 13.71; short-term debt falls from €636k to €40k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 1 establishment unit since 2006
Ground area
466 m²
Building footprint
199 m²
Volume, LiDAR
2,258 m³
Parcel 11810K1893/00L000, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Van Putlei 13, 2018 Antwerpen
since 20062.156.191.719
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1893/00L000 | Flanders | 466 m² | 1 · 199 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Natan Group
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Evanti
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Juline VM
BE 0797.666.830
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Jotra
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Of 5,710 companies in sector 70100 we hold annual accounts for 3,495. 2,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.