J.A.L.
ActiveJ.A.L. has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.19M and a net result of €62k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-16
Solvency35▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days only on tighter terms
Liquidity tight (current ratio 1.02 against 1.02 in 2023; short-term debt: 87% and cash: 0.5% of total assets), and 89.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
10.2%
Return on assets
0.3%
Age of the figures
22 mo
neutral · Filed after the deadline
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 31-07-2025, 31 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 filingsDeviation from the deadline
2024
31 d late
2023
32 d late
2022
1 d late
2021
1 d late
2020
1 d late
2019
1 d late
2018
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.19M▲ 2.9%
2023 · €2.12M
2018: €1.25M
2019: €1.13M
2020: €1.76M
2021: €1.76M
2022: €1.56M
2023: €2.12M
2018 → 2024
Total assets
€21.48M▲ 24.3%
2023 · €17.28M
2018: €8.81M
2019: €8.99M
2020: €9.61M
2021: €12.68M
2022: €14.16M
2023: €17.28M
2018 → 2024
Net result
€62k▼ 89.0%
2023 · €564k
2018: €70k
2019: €-118k
2020: €624k
2021: €2k
2022: €-197k
2023: €564k
2018 → 2024
Working capital
€457k▲ 68.4%
2023 · €272k
2018: €5.63M
2019: €2.80M
2020: €581k
2021: €-308k
2022: €-434k
2023: €272k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.76M-€1.76M▲ 0.1%€1.56M▼ 11.2%€2.12M▲ 36.2%€2.19M▲ 2.9%
Operating result€921k-€67k▼ 92.7%€-120k€626k€-47k
Net result€624k-€2k▼ 99.8%€-197k€564k€62k▼ 89.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €47k after €626k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21.48M
Fixed assets
€2.34M▲ 0.4%
Current assets
€19.13M▲ 28.0%
Equity and liabilities €21.48M
Equity
€2.19M▲ 2.9%
Debt
€19.29M▲ 27.3%
The debt ratio rises from 87.7% to 89.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▼
2023 · €682k
Cash flow
€122k▼
2023 · €620k
Solvency
10.2%▼
2023 · 12.3%
Current ratio
1.02▲
2023 · 1.02
Quick ratio
0.96▲
2023 · 0.95
Debt / equity
8.82▲
2023 · 7.13
ROE
2.8%▼
2023 · 26.6%
ROA
0.3%▼
2023 · 3.3%
Interest coverage
0.02▼
2023 · 1.42
Debt
€19.29M▲
2023 · €15.15M
Debt ≤ 1 year
€18.68M▲
2023 · €14.67M
Income taxes
€21k▲
2023 · €256
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€17.28M€21.48M▲
Fixed assets21/28€2.33M€2.34M▲
Tangible fixed assets22/27€811k€731k▼
Land and buildings22€804k€731k▼
Furniture and vehicles24€7k€571▼
Financial fixed assets28€1.52M€1.61M▲
Current assets29/58€14.95M€19.13M▲
Stocks and contracts in progress3€977k€1.18M▲
Stocks30/36€977k€1.18M▲
Amounts receivable within one year40/41€13.42M€17.43M▲
Trade receivables40€158k€168k▲
Other amounts receivable41€13.27M€17.26M▲
Cash at bank and in hand54/58€162k€99k▼
Deferred charges and accrued income490/1€382k€425k▲
Equity and liabilities
Total equity and liabilities10/49€17.28M€21.48M▲
Equity10/15€2.12M€2.19M▲
Contributions10/11€265k€265k=
Reserves13€1.86M€1.92M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.86M€1.92M▲
Amounts payable17/49€15.15M€19.29M▲
Amounts payable within one year42/48€14.67M€18.68M▲
Trade debts44€28k€23k▼
Suppliers440/4€28k€23k▼
Taxes, remuneration and social security45€32k€10k▼
Taxes450/3€32k€10k▼
Other amounts payable47/48€14.61M€18.64M▲
Accrued charges and deferred income492/3€478k€612k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€60k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€688k€18k▼
Operating profit (loss)9901€626k€-47k▼
Financial income75/76B€419k€724k▲
Recurring financial income75€419k€724k▲
Financial charges65/66B€480k€594k▲
Recurring financial charges65€480k€594k▲
Profit (loss) for the period before taxes9903€564k€83k▼
Income taxes67/77€256€21k▲
Profit (loss) for the period9904€564k€62k▼
Profit (loss) for the period to be appropriated9905€564k€62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€564k€62k▼
Transfer from equity791/2€0-
Transfer to equity691/2€564k€62k▼
To other reserves6921€564k€62k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 32 days late
2023
29-11
Financial
Back to profitnet €564k
Net result €564k after one loss-making year.
29-11
Financial
Equity above €2MEq €2.12M ▲36.2%
Equity rises from €1.56M to €2.12M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
29-11
Financial
Weakest financial yearnet €-197k ▼13155%
Net result drops to €-197k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
29-11
Financial
Back to profitnet €624k
Net result €624k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1 day late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Langemark-Poelkapelle · 1 establishment unit since 2008
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.
Peperstraat 158920 Langemark-PoelkapelleGround area
8,154 m²
Building footprint
453 m²
Volume, LiDAR
2,360 m³
Parcel 33014G0586/00F000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J.A.L.
since 20082.168.911.288
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33014G0586/00F000 | Flanders | 8,154 m² | 1 · 453 m² | 9.1 m · 2 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
LEUVEN STUDENT HOUSING
BE 0540.850.224
Ieper · Eq €2.19M
MILES INVEST
BE 0835.614.220
Antwerpen · Eq €2.19M
Dunehotel
BE 0747.529.411
Nieuwpoort · Eq €2.19M
LE COQ
BE 0479.404.385
Antwerpen · Eq €2.19M
Bouw Bossu
BE 0826.440.691
Roeselare · Eq €2.18M
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 2,875 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2008
Fiscal year end30-11
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.