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JITHO

Active
Private limited companyfounded 200916 yrs activeHendrik Baelskaai 14, 8400 Oostende, BelgiumKBO/BCE: BE 0820.160.734

JITHO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €11k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 12989 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
51 / 100
Fair▲ +31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+67
Solvency18▲+6
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.55 in 2024), and 81% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19%
Return on assets
2.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 filings
Deviation from the deadline
2025
25 d late
2024
36 d early
2023
19 d early
2022
28 d late
2021
30 d late
2020
30 d late
2019
17 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
11-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€82k▲ 12.8%
2024 · €72k
2018: €30k 2019: €26k 2020: €13k 2021: €53k 2022: €85k 2023: €84k 2024: €72k
2018 → 2025
Total assets
€428k▼ 2.3%
2024 · €438k
2018: €545k 2019: €475k 2020: €131k 2021: €192k 2022: €151k 2023: €171k 2024: €438k
2018 → 2025
Net result
€11k
2024 · €-10k
2018: €211 2019: €-4k 2020: €-13k 2021: €41k 2022: €33k 2023: €1k 2024: €-10k
2018 → 2025
Working capital
€-27k▲ 48.7%
2024 · €-52k
2018: €-86k 2019: €-86k 2020: €22k 2021: €-74k 2022: €-43k 2023: €-32k 2024: €-52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€53k-€85k▲ 60.2%€84k▼ 0.6%€72k▼ 14.3%€82k▲ 12.8%
Operating result€37k-€37k▲ 1.5%€13k▼ 64.4%€304▼ 97.7%€31k▲ 10,044%
Net result€41k-€33k▼ 18.7%€1k▼ 96.5%€-10k€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €37k€37kNet result 2021: €41k€41kOperating result 2022: €37k€37kNet result 2022: €33k€33kOperating result 2023: €13k€13kNet result 2023: €1k€1kOperating result 2024: €304€304Net result 2024: €-10k€-10kOperating result 2025: €31k€31kNet result 2025: €11k€11k20212022202320242025
The operating result recovers in 2025; 2025 is 10,044% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €428k
Fixed assets €352k▼ 6.0%
Current assets €76k▲ 19.1%
Equity and liabilities €428k
Equity €82k▲ 12.8%
Debt €347k▼ 5.3%
The debt ratio falls from 83.5% to 81.0%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€58k
2024 · €62k
Cash flow
€38k
2024 · €51k
Solvency
19.0%
2024 · 16.5%
Current ratio
0.74
2024 · 0.55
Quick ratio
0.07
2024 · 0.07
Debt / equity
4.25
2024 · 5.06
ROE
13.4%
2024 · -14.3%
ROA
2.5%
2024 · -2.4%
Interest coverage
3.24
2024 · 6.11
Debt
€347k
2024 · €366k
Debt ≤ 1 year
€103k
2024 · €116k
Debt > 1 year
€243k
2024 · €249k
Income taxes
€2k
2024 · €553
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€438k€428k
Fixed assets21/28€374k€352k
Tangible fixed assets22/27€373k€351k
Land and buildings22€275k€266k
Plant, machinery and equipment23€8k€8k
Furniture and vehicles24€1k€162
Other tangible fixed assets26€89k€77k
Financial fixed assets28€1k€1k
Current assets29/58€64k€76k
Stocks and contracts in progress3€56k€69k
Stocks30/36€56k€69k
Amounts receivable within one year40/41€3k€1k
Trade receivables40€250€0
Other amounts receivable41€2k€1k
Current investments50/53€1€0
Cash at bank and in hand54/58€2k€3k
Deferred charges and accrued income490/1€4k€2k
Equity and liabilities
Total equity and liabilities10/49€438k€428k
Equity10/15€72k€82k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€52k€61k
Amounts payable17/49€366k€347k
Amounts payable after more than one year17€249k€243k
Financial debts170/4€249k€243k
Amounts payable within one year42/48€116k€103k
Current portion of amounts payable after more than one year42€6k€7k
Financial debts43€11k€11k
Credit institutions430/8€11k€11k
Trade debts44€23k€36k
Suppliers440/4€23k€36k
Advances received on contracts in progress46€2k€1k
Taxes, remuneration and social security45€27k€14k
Taxes450/3€11k€14k
Remuneration and social security454/9€16k€14
Other amounts payable47/48€46k€34k
Accrued charges and deferred income492/3€1k€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€27k
Other operating charges640/8€10k€6k
Non-recurring operating charges66A-€655
Gross operating margin9900€72k€65k
Operating profit (loss)9901€304€31k
Financial income75/76B€1€203
Recurring financial income75€1€203
Financial charges65/66B€10k€18k
Recurring financial charges65€10k€18k
Profit (loss) for the period before taxes9903€-10k€13k
Income taxes67/77€553€2k
Profit (loss) for the period9904€-10k€11k
Profit (loss) for the period to be appropriated9905€-10k€11k
Appropriation of the result
Profit (loss) to be appropriated9906€53k€63k
Profit (loss) brought forward from the previous period14P€64k€52k
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €41k
Net result €41k after 2 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 1.25
Current ratio from 0.59 to 1.25; short-term debt falls from €211k to €90k.
14-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
12-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 17 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Oostende · 1 establishment unit since 2012
exact location from the address register On OpenStreetMap
Ground area
1,679 m²
Building footprint
1,092 m²
Volume, LiDAR
1,296 m³
Parcel 35382D0703/00K003, Flanders · tallest building 9.6 m. Linked by address, not a title deed.
1 establishment unit
BISTRO JITHO
Hendrik Baelskaai 14, 8400 OostendeFood and beverage service activities
since 20122.213.203.567
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35382D0703/00K003 Flanders 1,679 m² 1 · 1,092 m² 9.6 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.

Similar companies · same sector, comparable size

Of 20,235 companies in sector 56111 we hold annual accounts for 11,309. 9,631 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-10-2009
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.