Losses
-€93,885 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
JSB
Lifetime
2 annual accounts with figures on one time axispeak €75,314 (2025)
€75,314▲ €77,486
lowest -€62,185 (2024)
-€31,700▲ €30,485
peak €37,815 (2024)
€6,115▼ 83.8%
€3.7m▼ 14.0%
Board2 names since 2023
2 directorsSAMMELS Bart Henri and 1 other
Documentsfilings and deeds
17-06-202644 days before the deadline
2025micro format
Gross margin from -€2,172 to €75,314Loss of €31,700Equity from €37,815 to €6,115Cash from €626,795 to €94,165
Key points
from the 2025 annual accountsDebts
€3.7m 100% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Of this, €3.6m falls due within a year.
Position in the sector
-€31,700
Lower net result than 88% of companies in real estate. Sector median €5,997 · 17,176 companies.
Checked score
54
Fair
Financially stronger than 23% of small companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.9%▲ +0.1 percentage points vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 1.0%▲ +0.1 percentage points vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 0.9%▼ -0.1 percentage points vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.1%▼ -0.9 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Liquidity: current ratio 0.03, cash €94,165, halved
lowers risk
Size: total assets €3.7m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 17-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 15% of them on solvency, 6% on liquidity, 66% on profitability and 6% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 865 companies had the same profile as JSB has now. Each dot stands for 3 companies, two years later.
96.6%
were still trading
1.7%
stopped another way
1.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JSB itself is lower: 0.2% within 12 months. It rests on far more data about JSB than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 865 companies, not a prediction for JSB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.03 (0.15 in 2024), below 1. Short-term debt is 99.7% and cash 2.6% of total assets. 99.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year -€31,700
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 17185 sector peers (2025).
NBB · sector comparisonPosition among 17185 sector peers
Solvency
better than 20%
← 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 17-06-2026, 44 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
44 days early
2024
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 48 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SAMMELS Bart 100 sharesdeed of 27-07-2023
- SAMMELS Bart Henri founderdeed of 27-07-2023
Recent changes
Incorporation
Founding capital of €100,000, 100 shares · Founder: SAMMELS Bart Henri · Appointments: SAMMELS Bart Henri (director) and SAMMELS Juan Achiel Elisabeth Henri Yvonne (director) · published on 27-07-2023 · Gazette deed
First establishment
Stationsstraat 61, Meise
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as JSB: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €2.7m and €5.1m, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 25-07-2023Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 3 others
- Establishment unit
- 2.350.228.7371861 Meise, since 25-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €200,000estimated
- €3.7m▼ 14.6%
- Filing
- Filed on 17-06-2026, 44 days before the end of the filing period
Insights on JSB
The annual accounts of JSB for financial year 2025 show a net loss of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €6,115 and a net result of -€31,700.
Its solvency ranks better than 20% of 17,185 sector peers (NACE 68, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JSB
- What is the company number of JSB?
- The company number of JSB is 0804.241.648. The VAT number is the same number with BE in front: BE 0804.241.648.
- Where is JSB based?
- The registered office is at Stationsstraat 61, 1861 Meise.Company details
- What does JSB do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of JSB?
- JSB is a private limited company (BV).
- When was JSB founded?
- JSB was founded on 25-07-2023.
- Is JSB still active?
- Yes, JSB is an active enterprise in the KBO register.
- What is the turnover of JSB?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €75,314 and 48 comparable companies (NACE 681). It probably lies between €100,000 and €460,000.Financials
- Is JSB profitable?
- In financial year 2025, JSB made a loss of €31,700.
- Where can I find the annual accounts of JSB?
- JSB filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JSB due?
- JSB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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