J&D Express
ActiveSummary
J&D Express has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,619 and a net result of -€16,976. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 18973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▼-13
Solvency31▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.24 in 2024; short-term debt: 58.4% and cash: 17.3% of total assets), and 93.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.1%
Return on assets
-5.1%
Age of the figures
9 mo
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 -€16,976
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 · 9 filingsDeviation from the deadline
2025
56 d late
2024
1 d late
2023
on the day
2022
on the day
2021
10 d late
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 1 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€20,619▼ 45.2%
2024 · €37,594
Total assets
€335,327▼ 14.7%
2024 · €393,343
Net result
-€16,976▼ 120%
2024 · -€7,724
Working capital
€78,603▲ 47.8%
2024 · €53,187
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,906-€29,597▼ 918%€71,588€21,922▼ 69.4%-€9,231
Net result-€13,604below the sector's middle half-€46,372below the sector's middle half▼ 241%€57,945within the sector's middle half-€7,724below the sector's middle half-€16,976below the sector's middle half▼ 120%
Equity€33,746below the sector's middle half▼ 28.7%-€12,626below the sector's middle half€45,319below the sector's middle half€37,594within the sector's middle half▼ 17.0%€20,619within the sector's middle half▼ 45.2%
Total assets€480,065within the sector's middle half▼ 10.6%€441,365below the sector's middle half▼ 8.1%€423,207below the sector's middle half▼ 4.1%€393,343above the sector's middle half▼ 7.1%€335,327above the sector's middle half▼ 14.7%
Debt€446,319▼ 8.9%€453,991▲ 1.7%€377,889▼ 16.8%€355,749▼ 5.9%€314,708▼ 11.5%
Working capital-€38,186below the sector's middle half▼ 3.9%-€66,994below the sector's middle half▼ 75.4%€17,235within the sector's middle half€53,187within the sector's middle half▲ 209%€78,603within the sector's middle half▲ 47.8%
Solvency7.0%below the sector's middle half▼ 1.8pp-2.9%below the sector's middle half▼ 9.9pp10.7%below the sector's middle half▲ 13.6pp9.6%within the sector's middle half▼ 1.2pp6.1%within the sector's middle half▼ 3.4pp
Current ratio0.85below the sector's middle half=0.77below the sector's middle half▼ 0.081.07within the sector's middle half▲ 0.311.24within the sector's middle half▲ 0.161.40within the sector's middle half▲ 0.16
Return on assets (ROA)-2.8%below the sector's middle half▼ 15.8pp-10.5%below the sector's middle half▼ 7.7pp13.7%above the sector's middle half▲ 24.2pp-2.0%within the sector's middle half▼ 15.7pp-5.1%below the sector's middle half▼ 3.1pp
Staff (FTE)4.7within the sector's middle half▲ 27.0%4.4within the sector's middle half▼ 6.4%2.7within the sector's middle half▼ 38.6%3.1▲ 14.8%3.9▲ 25.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Staff figure corrected
- 2023 Left out: filed figure impossible (81,683.9). The filed figure means under EUR 100 of staff costs per FTE.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9,231 after €21,922 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €335,327
Fixed assets
€60,901 ▼ 48.2%
Current assets
€274,426 ▼ 0.5%
Equity and liabilities €335,327
Equity
€20,619 ▼ 45.2%
Debt
€314,708 ▼ 11.5%
Debt's share of the balance-sheet total rises from 90.4% to 93.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€47,351▼
2024 · €79,576
Cash flow
€39,606▼
2024 · €49,930
Quick ratio
0.75▲
2024 · 0.67
Debt to equity
15.26▲
2024 · 9.46
ROE
-82.3%▼
2024 · -20.5%
Interest coverage
4.84▼
2024 · 7.49
Debt ≤ 1 year
€195,822▼
2024 · €222,674
Debt > 1 year
€118,886▼
2024 · €133,075
Income taxes
€0▼
2024 · €19,023
Staff costs
€127,157▲
2024 · €107,807
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,037 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a small loss
2.9%
went bankrupt
2.9%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,037 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €134,301 | €143,444 | €81,684 | €107,807 | €127,157 | ▲ 17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,381 | €56,864 | €57,538 | €57,654 | €56,582 | ▼ 1.9% |
| Other operating charges640/8 | €1,098 | €877 | €4,423 | €5,506 | €7,750 | ▲ 40.7% |
| Gross operating margin9900 | €189,874 | €171,588 | €215,233 | €192,889 | €182,257 | ▼ 5.5% |
| Operating profit (loss)9901 | -€2,906 | -€29,597 | €71,588 | €21,922 | -€9,231 | ▼ 142% |
| Financial income75/76B | €1,535 | €1,852 | €2,597 | €0 | €2,029 | ▲ 922,259% |
| Recurring financial income75 | €1,039 | €1,852 | €2,597 | €0 | €2,029 | ▲ 922,259% |
| Non-recurring financial income76B | €496 | - | - | - | - | - |
| Financial charges65/66B | €12,106 | €18,604 | €16,239 | €10,623 | €9,774 | ▼ 8.0% |
| Recurring financial charges65 | €12,106 | €18,604 | €16,239 | €10,623 | €9,774 | ▼ 8.0% |
| Profit (loss) for the period before taxes9903 | -€13,477 | -€46,349 | €57,945 | €11,299 | -€16,976 | ▼ 250% |
| Income taxes67/77 | €126 | €24 | €0 | €19,023 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€13,604 | -€46,372 | €57,945 | -€7,724 | -€16,976 | ▼ 120% |
| Profit (loss) for the period to be appropriated9905 | -€13,604 | -€46,372 | €57,945 | -€7,724 | -€16,976 | ▼ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €480,065 | €441,365 | €423,207 | €393,343 | €335,327 | ▼ 14.7% |
| Fixed assets21/28 | €268,689 | €219,698 | €175,137 | €117,483 | €60,901 | ▼ 48.2% |
| Intangible fixed assets21 | €86,841 | €69,841 | €52,841 | €35,841 | €18,841 | ▼ 47.4% |
| Tangible fixed assets22/27 | €181,847 | €149,856 | €122,295 | €81,641 | €42,059 | ▼ 48.5% |
| Plant, machinery and equipment23 | €26,874 | €19,655 | €16,335 | €9,668 | €4,073 | ▼ 57.9% |
| Furniture and vehicles24 | €54,515 | €49,999 | €38,254 | €25,533 | €12,813 | ▼ 49.8% |
| Other tangible fixed assets26 | €100,458 | €80,202 | €67,707 | €46,440 | €25,174 | ▼ 45.8% |
| Current assets29/58 | €211,376 | €221,667 | €248,071 | €275,861 | €274,426 | ▼ 0.5% |
| Stocks and contracts in progress3 | €124,481 | €128,020 | €126,875 | €126,875 | €126,875 | = |
| Stocks30/36 | €124,481 | €128,020 | €126,875 | €126,875 | €126,875 | = |
| Amounts receivable within one year40/41 | €25,156 | €31,370 | €69,010 | €93,674 | €85,076 | ▼ 9.2% |
| Trade receivables40 | €9 | €128 | €799 | €9,096 | €640 | ▼ 93.0% |
| Other amounts receivable41 | €25,147 | €31,243 | €68,211 | €84,578 | €84,435 | ▼ 0.2% |
| Cash at bank and in hand54/58 | €57,577 | €59,243 | €47,730 | €51,971 | €58,062 | ▲ 11.7% |
| Deferred charges and accrued income490/1 | €4,163 | €3,033 | €4,455 | €3,340 | €4,413 | ▲ 32.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €480,065 | €441,365 | €423,207 | €393,343 | €335,327 | ▼ 14.7% |
| Equity10/15 | €33,746 | -€12,626 | €45,319 | €37,594 | €20,619 | ▼ 45.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €1,563 | €1,563 | €1,563 | €1,563 | €1,563 | = |
| Non-distributable reserves130/1 | €1,563 | €1,563 | €1,563 | €1,563 | €1,563 | = |
| Reserves not available under the articles1311 | €1,563 | €1,563 | €1,563 | €1,563 | €1,563 | = |
| Profit (loss) carried forward14 | €12,183 | -€34,189 | €23,755 | €16,031 | -€945 | ▼ 106% |
| Amounts payable17/49 | €446,319 | €453,991 | €377,889 | €355,749 | €314,708 | ▼ 11.5% |
| Amounts payable after more than one year17 | €196,757 | €165,330 | €147,053 | €133,075 | €118,886 | ▼ 10.7% |
| Financial debts170/4 | €196,757 | €165,330 | €147,053 | €133,075 | €118,886 | ▼ 10.7% |
| Amounts payable within one year42/48 | €249,562 | €288,661 | €230,836 | €222,674 | €195,822 | ▼ 12.1% |
| Current portion of amounts payable after more than one year42 | €34,046 | €31,428 | €18,277 | €13,977 | €14,190 | ▲ 1.5% |
| Trade debts44 | €154,001 | €197,663 | €188,136 | €180,561 | €159,202 | ▼ 11.8% |
| Suppliers440/4 | €154,001 | €197,663 | €188,136 | €180,561 | €159,202 | ▼ 11.8% |
| Taxes, remuneration and social security45 | €36,088 | €27,387 | €9,764 | €13,009 | €22,431 | ▲ 72.4% |
| Taxes450/3 | €17,040 | - | €18 | €3,404 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €19,048 | €27,387 | €9,745 | €9,605 | €22,431 | ▲ 134% |
| Other amounts payable47/48 | €25,427 | €32,184 | €14,660 | €15,127 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,604 | -€46,372 | €57,945 | -€7,724 | -€16,976 | ▼ 120% |
| + Depreciation and write-downs630 | €57,381 | €56,864 | €57,538 | €57,654 | €56,582 | ▼ 1.9% |
| Operating cash flow (approximation) | €43,777 | €10,492 | €115,482 | €49,930 | €39,606 | ▼ 20.7% |
| Investment in fixed assets (approximation) | - | -€7,873 | -€12,976 | €0 | €0 | - |
| Change in cash | - | €1,667 | -€11,513 | €4,241 | €6,091 | ▲ 43.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 56 days late
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €57,945
Net result €57,945 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€46,372
Net result drops to -€46,372, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €69,765 ▲95.7%
Operating result €98,889, net result €69,765, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €35,643
Net result €35,643 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2016
Ground area
1,232 m²
Building footprint
361 m²
Volume, LiDAR
3,909 m³
Parcel 11345B0036/00V016, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
J&D Express
since 20162.257.474.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0036/00V016 | Flanders | 1,231 m² | 1 · 361 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.257.474.466
Dual-learning approval
2 live approvalsWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,504 companies in this sector we hold annual accounts for 5,855. 4,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded22-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0662849302
Also
9925:BE0662849302
Registered
14-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.