J.D.A. FOREST
ActiveJ.D.A. FOREST has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €923k and a net result of €8k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38=
Solvency65▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.03 in 2023; short-term debt: 59.5% and cash: 0% of total assets), and 59.5% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Sector 02
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
40 d early
2022
19 d early
2021
34 d early
2020
23 d late
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▲ 12.2%
2023 · €7k
2018: €36k
2019: €21k
2020: €29k
2021: €35k
2022: €29k
2023: €7k
2018 → 2024
Working capital
€-1.34M▼ 14.5%
2023 · €-1.17M
2018: €487k
2019: €508k
2020: €777k
2021: €810k
2022: €-1.09M
2023: €-1.17M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€843k-€878k▲ 4.2%€907k▲ 3.3%€915k▲ 0.8%€923k▲ 0.9%
Operating result€50k-€48k▼ 2.3%€49k▲ 2.3%€62k▲ 24.7%€74k▲ 20.7%
Net result€29k-€35k▲ 21.1%€29k▼ 18.7%€7k▼ 74.3%€8k▲ 12.2%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.28M
Fixed assets
€2.27M▲ 8.5%
Current assets
€13k▼ 69.6%
Equity and liabilities €2.28M
Equity
€923k▲ 0.9%
Debt
€1.36M▲ 11.6%
The debt ratio rises from 57.1% to 59.5%. Equity and debt are higher.
Key figures and ratios
Solvency
40.5%▼
2023 · 42.9%
Current ratio
0.01▼
2023 · 0.03
Quick ratio
0.01▼
2023 · 0.03
Debt / equity
1.47▲
2023 · 1.33
ROE
0.9%▲
2023 · 0.8%
ROA
0.4%▲
2023 · 0.3%
Debt
€1.36M▲
2023 · €1.22M
Debt ≤ 1 year
€1.36M▲
2023 · €1.22M
Income taxes
€3k▲
2023 · €3k
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€2.13M€2.28M▲
Fixed assets21/28€2.09M€2.27M▲
Tangible fixed assets22/27€2.09M€2.27M▲
Land and buildings22€2.09M€2.27M▲
Current assets29/58€41k€13k▼
Amounts receivable within one year40/41€14k€12k▼
Trade receivables40€14k€12k▼
Cash at bank and in hand54/58€26k€1k▼
Deferred charges and accrued income490/1€833-
Equity and liabilities
Total equity and liabilities10/49€2.13M€2.28M▲
Equity10/15€915k€923k▲
Contributions10/11€21k€21k=
Capital10€21k€21k=
Issued capital100€21k€21k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€892k€900k▲
Amounts payable17/49€1.22M€1.36M▲
Amounts payable within one year42/48€1.22M€1.36M▲
Trade debts44€20k€43k▲
Suppliers440/4€20k€43k▲
Taxes, remuneration and social security45€16k€4k▼
Taxes450/3€16k€4k▼
Other amounts payable47/48€1.18M€1.31M▲
Accrued charges and deferred income492/3€982-
Income statement
Code20232024
Other operating charges640/8€6k€2k▼
Gross operating margin9900€68k€77k▲
Operating profit (loss)9901€62k€74k▲
Financial charges65/66B€52k€63k▲
Recurring financial charges65€52k€63k▲
Profit (loss) for the period before taxes9903€10k€11k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€7k€8k▲
Profit (loss) for the period to be appropriated9905€7k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€892k€900k▲
Profit (loss) brought forward from the previous period14P€884k€892k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼74.3%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 32.51
Current ratio from 9.32 to 32.51; short-term debt falls from €61k to €25k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Vielsalm · 1 establishment unit since 1997
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.
Rue de la Forêt 16690 VielsalmGround area
3,769 m²
Building footprint
135 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Burtonville sn, 6690 Vielsalm
since 19972.041.249.390
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82032C0487/00E000 | Wallonia | 2,632 m² | 1 · 135 m² | - |
| 82032C0181/00K000 | Wallonia | 1,137 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SERVICES - FOURNITURES - REALISATIONS
BE 0478.413.797
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DENIS DEHARD
BE 0876.757.858
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ISANO
BE 0425.210.980
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Of 1,556 companies in sector 02200 we hold annual accounts for 449. 292 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-1988
Fiscal year end31-12
Activities, NACEBEL
02012
02200Logging
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.