Losses
-€165,623 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
J.C.
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €266,385 (2023)
€230,842▲ 7.1%
lowest -€120,773 (2019)
-€104,842▼ €44,061
peak €1.2m (2024)
€1.1m▼ 9.1%
€4.2m▲ 18.4%
Board4 names since 2018
2 directorsMathieu Castelein and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025financial year
Loss of €104,842Debts from €3.6m to €4.2mInvestments €680,843Cash from €66,168 to €42,542
Key points
from the 2025 annual accountsTurnover
≈ €310,000 estimated
The accounts state no turnover.
Debts
€4.2m 80% of the balance sheet
Financial debts 18%Suppliers 0%Other 82%
Of this, €3.2m falls due within a year.
Investments
€600,843 5.7 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 13.8% higher than in 2024.
Filings
38 annual accounts since 1988
Seven of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.
Position in the sector
-€104,842
Lower net result than 83% of companies in real estate. Sector median €20,526 · 5,817 companies.
Checked score
89
Excellent
Financially stronger than 24% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% 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 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
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: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.2 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.06, cash €42,542
Last filed accounts filed 30 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €5.3m
Figures for financial year 2025 (filed on 01-09-2026)
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 40% of them on solvency, 16% on liquidity, 17% on profitability and 23% 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, 2,507 companies had the same profile as J.C. has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of J.C. itself is lower: 0.1% within 12 months. It rests on far more data about J.C. 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 2,507 companies, not a prediction for J.C.. 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 €95,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.06 (0.08 in 2024), below 1. Short-term debt is 60% and cash 0.8% of total assets. 79.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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
Six signals.
lowers riskraises risk
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
1819202122232425
2018 to 2025 · latest year -€104,842
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
30 days late
2024
26 days late
2023
42 days late
2022
25 days late
2021
19 days late
2020
30 days late
2019
61 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 33 days after 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. The company usually files around 26 August (5 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
Board and ownership
Shares in 2 companies, CASTAUDE BUILDING COMPANY and CASTAUDE INVEST
Board & ownershipRecent changes
Reappointments: Mathieu Castelein (director) and Pierre Castelein (director)
General meeting of 03-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0432235859
Capital increase of €600,000 to €661,500
Capital from €61,500 to €661,500, 918 new shares · General meeting of 17-06-2024 · Gazette deed
Registered office moved from Bavikhove to Mouscron
New registered office: Rue de la Royenne 53, 7700 Moeskroen · Previous registered office: Dwarsstraat 20, 8531 Bavikhove · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| J.C. Mouscron | €5.3m | €230,842 | 20.3% | - |
| CREDIMO REAL ESTATE Asse | €5.1m | €254,508 | 89.4% | - |
| MOENS BUILDING Zelzate | €5.4m | €198,901 | 16.5% | - |
| ROMADEL Malmedy | €5.7m | €276,587 | -49.6% | 0.5 |
| IMMO ATMOS Zottegem | €6.3m | €242,784 | 88.6% | - |
| Boslaan Asse | €6.4m | €224,751 | 54.3% | - |
| HUUGHIMMO Ardooie | €5.4m | €230,379 | 38.0% | - |
These companies have the same main activity as J.C.: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €5.1m and €6.4m, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 16-10-1987Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.030.949.1787700 Mouscron, since 10-10-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 09-06-2026
Insights on J.C.
J.C. has existed since 1987. The gross margin fell from €225,147 in 2010 to €44,315 in 2011.
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 J.C.
- What is the company number of J.C.?
- The company number of J.C. is 0432.235.859. The VAT number is the same number with BE in front: BE 0432.235.859.
- Where is J.C. based?
- The registered office is at Royennestraat 53, 7700 Mouscron.Company details
- What does J.C. do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of J.C.?
- J.C. is a public limited company (NV).
- When was J.C. founded?
- J.C. was founded on 16-10-1987.
- Is J.C. still active?
- Yes, J.C. is an active enterprise in the KBO register.
- What is the turnover of J.C.?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €230,842 and 37 comparable companies (NACE 68203). It probably lies between €250,000 and €490,000.Financials
- Is J.C. profitable?
- In financial year 2025, J.C. made a loss of €104,842.
- Where can I find the annual accounts of J.C.?
- J.C. filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of J.C. due?
- J.C. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.