Losses
-€12,123 in six years
Every financial year from 2020 to 2025 closed with a loss. 2023 was the heaviest.
F & J
Lifetime
8 annual accounts with figures on one time axispeak €5,742 (2019)
-€989▲ €174
lowest -€5,378 (2018)
-€1,782▲ €160
peak €18,508 (2019)
€6,385▼ 21.8%
€1,712▲ 2.3%
Board3 names since 2017
2 directorsCraenen Frank and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from -€1,163 to -€989Loss of €1,782Equity from €8,166 to €6,385
Key points
from the 2025 annual accountsFilings
8 annual accounts 4 late
The 2019 accounts came latest: 63 days after the end of the period.
Position in the sector
78.9%
Higher solvency than 81% of companies in wholesale trade. Sector median 40.4% · 13,805 companies.
Turnover not published (micro format)
Checked score
90
Excellent
Financially stronger than 51% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025highest value
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.2%▼ -0.2 percentage points vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Loss of €1,782, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 4.73, cash €7,203
Equity €6,385 (78.9% of total assets)
Figures for financial year 2025 (filed on 30-06-2026)
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 46, micro). It does better than 90% of them on solvency, 91% on liquidity, 6% on profitability and 18% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 3,591 companies had the same profile as F & J has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of F & J itself is lower: 0.2% within 12 months. It rests on far more data about F & J 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 3,591 companies, not a prediction for F & J. 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.73 (5.88 in 2024), above the usual 1.5. Short-term debt is 21.1% and cash 89% of total assets. 21.1% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 days early
2024
20 days early
2023
42 days early
2022
53 days early
2021
38 days late
2020
31 days late
2019
63 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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. The company usually files around 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0683652634
2 managers resigning, 2 directors reappointed
Resignations: CRAENEN Franciscus Gerardus Maria (manager) and VAN MIERLO Johannes Petrus Gerardus (manager) · Reappointments: CRAENEN Franciscus Gerardus Maria (director) and VAN MIERLO Johannes Petrus Gerardus (director) · Permanent representative: CRAENEN Franciscus Gerardus Maria · General meeting of 18-12-2023 · Gazette deed
First establishment
Hornszee 71, Genk
Incorporation
Founders: CRAENEN Franciscus Gerardus Maria and VAN MIERLO Johannes Petrus Gerardus · Founding capital of €18,600, 100 shares · Appointments: CRAENEN Franciscus Gerardus Maria (manager) and VAN MIERLO Johannes Petrus Gerardus (manager) · published on 26-10-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| F & J Genk | €8,097 | -€989 | 78.9% | - |
| LIOH Tielt | €8,618 | -€4,721 | -111.3% | - |
| AC OUTDOOR CONSULT Nassogne | €7,456 | -€12,069 | -849.0% | - |
| I.B.M. ASSU & CO Tessenderlo-Ham | €5,328 | -€8,701 | -192.6% | - |
| SOLUTIONEVE Woluwe-Saint-Pierre | €7,755 | -€1,593 | -260.1% | - |
| HMTC Koekelberg | €5,737 | -€6,588 | -1003.6% | - |
| SIMBABEL Woluwe-Saint-Pierre | €13,019 | -€13,392 | 43.8% | - |
These companies have the same main activity as F & J: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €5,330 and €13,000, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 24-10-2017Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Establishment unit
- 2.269.696.1693600 Genk, since 08-11-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- €8,097▼ 17.7%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on F & J
F & J files the micro format. That format states no turnover. The gross margin rose from -€4,948 in 2018 to -€989 in 2025.
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 F & J
- What is the company number of F & J?
- The company number of F & J is 0683.652.634. The VAT number is the same number with BE in front: BE 0683.652.634.
- Where is F & J based?
- The registered office is at Hornszee 71, 3600 Genk.Company details
- What does F & J do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of F & J?
- F & J is a private limited company (BV).
- When was F & J founded?
- F & J was founded on 24-10-2017.
- Is F & J still active?
- Yes, F & J is an active enterprise in the KBO register.
- What is the turnover of F & J?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is F & J profitable?
- In financial year 2025, F & J made a loss of €1,782.
- Where can I find the annual accounts of F & J?
- F & J filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of F & J due?
- F & J must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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