JPEG
ActiveSummary
JPEG has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €87k. Equity is shrinking by ~27.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 15% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency27▲+1
Growth58=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.2%
Return on assets
92.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3480 sector peers (2025).
NBB · sector comparisonPosition among 3480 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 d early
2024
55 d early
2023
139 d early
2022
167 d early
2021
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▲ 1.8%
2024 · €2k
2021: €34k
2022: €85k
2023: €174k
2024: €2k
2021 → 2025
Total assets
€94k▼ 33.2%
2024 · €141k
2021: €50k
2022: €115k
2023: €223k
2024: €141k
2021 → 2025
Net result
€87k▼ 23.2%
2024 · €114k
2021: €32k
2022: €51k
2023: €88k
2024: €114k
2021 → 2025
Working capital
€-19k▼ 106%
2024 · €-9k
2021: €14k
2022: €67k
2023: €157k
2024: €-9k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€85k▲ 152%€174k▲ 104%€2k▼ 98.8%€2k▲ 1.8%
Operating result€43k-€69k▲ 61.7%€119k▲ 73.1%€153k▲ 28.8%€117k▼ 23.9%
Net result€32k-€51k▲ 61.7%€88k▲ 72.2%€114k▲ 28.6%€87k▼ 23.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€21k ▲ 79.0%
Current assets
€73k ▼ 43.5%
Equity and liabilities €94k
Equity
€2k ▲ 1.8%
Debt
€92k ▼ 33.7%
Debt's share of the balance-sheet total falls from 98.6% to 97.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€124k▼
2024 · €164k
Cash flow
€95k▼
2024 · €124k
Current ratio
0.79▼
2024 · 0.93
Debt to equity
45.41▼
2024 · 69.73
ROA
92.5%▲
2024 · 80.5%
Interest coverage
961.09▲
2024 · 263.74
Debt ≤ 1 year
€92k▼
2024 · €139k
Income taxes
€29k▼
2024 · €39k
A ratio outside any meaningful range has been withheld (balance sheet total €94k, equity €2k).
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€141k€94k▼
Fixed assets21/28€12k€21k▲
Tangible fixed assets22/27€12k€21k▲
Plant, machinery and equipment23€2k€13k▲
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€130k€73k▼
Amounts receivable within one year40/41€16k€23k▲
Trade receivables40€7k€18k▲
Other amounts receivable41€9k€5k▼
Cash at bank and in hand54/58€114k€50k▼
Deferred charges and accrued income490/1-€339
Equity and liabilities
Total equity and liabilities10/49€141k€94k▼
Equity10/15€2k€2k▲
Contributions10/11€2k€2k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€0€36▲
Amounts payable17/49€139k€92k▼
Amounts payable within one year42/48€139k€92k▼
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€18k€12k▼
Taxes450/3€16k€11k▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€120k€77k▼
Accrued charges and deferred income492/3€640€190▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€570€586▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€164k€126k▼
Operating profit (loss)9901€153k€117k▼
Financial income75/76B€8€78▲
Recurring financial income75€8€78▲
Financial charges65/66B€621€129▼
Recurring financial charges65€621€129▼
Profit (loss) for the period before taxes9903€153k€117k▼
Income taxes67/77€39k€29k▼
Profit (loss) for the period9904€114k€87k▼
Profit (loss) for the period to be appropriated9905€114k€87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€87k▼
Transfer from equity791/2€172k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€286k€87k▼
Return on contributions (dividend)694€286k€87k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €114k ▲28.6%
Operating result €153k, net result €114k, both a record.
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €174k ▲104%
3 profitable years in a row build equity to €174k.
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Jette · 1 establishment unit since 2021
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.
Théophile De Baisieuxstraat 1381090 JetteGround area
499 m²
Building footprint
80 m²
Volume, LiDAR
790 m³
Parcel 21010B0137/00V003, Brussels · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
JPEG
since 20212.325.066.541
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0137/00V003 | Brussels | 499 m² | 1 · 80 m² | 13.8 m · 4 fl. |
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
PEAK STUDIO
BE 0744.601.001
Pont-à-Celles · Eq €2,037
SHARI RUZZI
BE 0559.883.307
Houthalen-Helchteren · Eq €2,014
SUMRESEARCH
BE 0454.010.181
Brussel · Eq €2,084
ARCHIBUILD
BE 0453.595.952
Dendermonde · Eq €2,112
INDEX 2 ARCHITECTEN
BE 0860.834.121
Oudsbergen · Eq €1,890
Of 14,143 companies in sector 74201 we hold annual accounts for 2,612. 410 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
Founded14-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.