Checked.be
Active
BE 0463.527.564Private limited company
J & C
Opstalstraat 1 ·9620 Zottegem, Belgium· 28 yrs active
Sector: Non-specialised retail sale with food, beverages or tobacco predominating
(47110)
Conclusion
J & C has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €249k and a net result of €20k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 35% of 9575 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €249k |
| Net result | €20k |
| Staff (FTE) | 8.4 |
| Better than sector | 35% |
Financial profile
57
/ 100
Mixed profile: strong on stability, weaker on growth.
All 5 axes are computed from data Checked has read.
Health
68
Profitability
40
Solvency
45
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1998, 28 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
68
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€17k
estimate, not credit advice
Score history
70
2020
93
2021
86
2022
86
2023
68
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.25 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.07 (≥ 1.0)
+5
Profitability
ROE 8%
+3
Interest coverage
Interest coverage 5.1× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 22-08-2025 with the NBB · fiscal year 2024 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~10%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.2% | 38.5% | |
| Net result | €20k | €44k | |
| Equity | €249k | €332k | |
| Gross operating margin | €340k | €266k | |
| Staff costs | €263k | €166k |
€65k
-34.8%
20-24
€20k
-50.4%
20-24
€44k
-33.5%
20-24
€951k
+3.1%
20-24
€249k
-49.1%
20-24
€177k
-57.1%
20-24
8
-3.4%
20-24
€263k
-2.2%
20-24
€13k
-41.2%
20-24
€240k
-40.0%
20-24
€702k
+61.9%
20-24
€702k
+61.9%
20-24
1.25
-35.9%
20-24
1.07
-35.7%
20-24
26.2%
-50.6%
20-24
2.82
+218.1%
20-24
8.1%
-2.5%
20-24
2.1%
-51.9%
20-24
5.15
-30.7%
20-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | micro schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €65k | €100k | €98k | €214k | €309k |
| Net profit | €20k | €40k | €42k | €127k | €190k |
| Cash flow | €44k | €66k | €67k | €150k | €227k |
| Staff costs | €263k | €269k | €268k | €285k | - |
| Income taxes | €13k | €22k | €18k | €50k | €70k |
| Dividends | €240k | - | - | - | €400k |
| Total assets | €951k | €922k | €809k | €789k | €1.12M |
| Equity | €249k | €489k | €448k | €407k | €279k |
| Debt | €702k | €433k | €361k | €382k | €839k |
| of which ≤ 1y | €702k | €433k | €361k | €380k | €837k |
| of which > 1y | - | - | - | - | - |
| Working capital | €177k | €413k | €358k | €323k | €187k |
| Employees (FTE) | 8.4 | 8.7 | 9.6 | 11.2 | 12.8 |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.25 | 1.95 | 1.99 | 1.85 | 1.22 |
| Quick ratio | 1.07 | 1.66 | 1.61 | 1.46 | 1.01 |
| Working capital ratio | 18.6% | 44.8% | 44.2% | 41.0% | 16.7% |
| Solvency | 26.2% | 53.0% | 55.4% | 51.5% | 25.0% |
| Debt / equity | 2.82 | 0.89 | 0.81 | 0.94 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 5.15 | 7.42 | 7.82 | 15.42 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 2.1% | 4.4% | 5.1% | 16.1% | 17.0% |
| ROE | 8.1% | 8.3% | 9.3% | 31.3% | 67.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €951k | €922k | €809k | €789k | €1.12M |
| Fixed assets | 21/28 | €72k | €75k | €90k | €85k | €95k |
| Tangible fixed assets | 22/27 | €71k | €75k | €90k | €85k | €94k |
| Financial fixed assets | 28 | €688 | €688 | €688 | €688 | €688 |
| Current assets | 29/58 | €879k | €847k | €719k | €704k | €1.02M |
| Stocks & contracts in progress | 3 | €130k | €127k | €136k | €149k | €176k |
| Amounts receivable within one year | 40/41 | €438k | €466k | €397k | €90k | €469k |
| Cash & bank | 54/58 | €307k | €247k | €182k | €461k | €373k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €951k | €922k | €809k | €789k | €1.12M |
| Equity | 10/15 | €249k | €489k | €448k | €407k | €279k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k | - |
| Reserves | 13 | €229k | €469k | €428k | €387k | €259k |
| Amounts payable | 17/49 | €702k | €433k | €361k | €382k | €839k |
| Amounts payable within one year | 42/48 | €702k | €433k | €361k | €380k | €837k |
| Trade debts payable within one year | 44 | €367k | €365k | €305k | €323k | €363k |
| Income statement | ||||||
| Gross operating margin | 9900 | €340k | €376k | €379k | €509k | €684k |
| Operating result | 9901 | €42k | €75k | €73k | €191k | €271k |
| Financial income | 75 | €4k | €893 | €1 | €10 | €1 |
| Financial charges | 65 | €13k | €13k | €13k | €14k | €11k |
| Result before taxes | 9903 | €33k | €62k | €60k | €177k | €260k |
| Income taxes | 67/77 | €13k | €22k | €18k | €50k | €70k |
| Net result for the period | 9904 | €20k | €40k | €42k | €127k | €190k |
| Result to be appropriated | 9905 | €20k | €40k | €42k | €127k | €190k |
Legal Structure
| NACE primary | Non-specialised retail sale with food, beverages or tobacco predominating(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 12-06-1998 |
| Status | Active |
| Postal code | 9620 |
Establishment units
SPAR
since 19982.087.252.334
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41069B1434/00H000 | Flanders | 1,989 m² | 1 · 1,028 m² | 10.1 m · 1 fl. |
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.
Updates
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €20k ▼50.4%
Net result drops to €20k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Non-specialised retail sale with food, beverages or tobacco predominating47110Supermarkets4711452114
Names & trade names
| Legal nameNL | J & C |
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