J & E
ActiveSummary
J & E has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,196 and a net result of €7,214. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 88% of 22,595 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €36,196
- Profit
- €7,214
Why 95raises riskSize: total assets €44,725lowers riskLiquidity: current ratio 4.67, cash €20,744Equity €36,196 (80.9% of total assets)Figures for financial year 2025 (filed 30-06-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 92% on solvency, 94% on liquidity, 67% on profitability and 76% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €3,817
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 119% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,972 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €23 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €641 | €641 | €3,134 | €4,102 | €4,165 | €2,817 | €2,817 | €1,258 | ▼ 55.4% |
| Other operating charges640/8 | - | - | - | €217 | €1,981 | €2,657 | €1,013 | €1,325 | ▲ 30.8% |
| Non-recurring operating charges66A | - | - | - | - | €906 | €6,412 | - | - | - |
| Gross operating margin9900 | €54,717 | €49,333 | €21,382 | €36,866 | €12,329 | €5,790 | €8,585 | €13,019 | ▲ 51.6% |
| Operating profit (loss)9901 | -€12,189 | -€6,948 | €12,542 | €32,523 | €5,277 | -€6,096 | €4,755 | €10,437 | ▲ 119% |
| Financial income75/76B | - | - | - | - | €6 | €85 | €1 | €247 | ▲ 369× |
| Recurring financial income75 | €607 | €2,092 | €0 | - | €6 | €85 | €1 | €247 | ▲ 369× |
| Financial charges65/66B | - | - | - | €1,711 | €1,074 | €637 | €788 | €2,501 | ▲ 218% |
| Recurring financial charges65 | €13,284 | €672 | €1,605 | €1,711 | €1,074 | €637 | €788 | €2,501 | ▲ 218% |
| Profit (loss) for the period before taxes9903 | -€24,866 | -€5,529 | €10,936 | €30,812 | €4,208 | -€6,649 | €3,968 | €8,183 | ▲ 106% |
| Income taxes67/77 | €368 | €361 | €353 | €426 | €130 | €131 | €152 | €969 | ▲ 539% |
| Profit (loss) for the period9904 | -€25,234 | -€5,890 | €10,584 | €30,386 | €4,078 | -€6,780 | €3,817 | €7,214 | ▲ 89.0% |
| Profit (loss) for the period to be appropriated9905 | -€25,234 | -€5,890 | €10,584 | €30,386 | €4,078 | -€6,780 | €3,817 | €7,214 | ▲ 89.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €54,273 | €67,129 | €61,040 | €81,635 | €42,086 | €27,881 | €33,188 | €44,725 | ▲ 34.8% |
| Formation expenses20 | €403 | €81 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €2,862 | €2,544 | €23,424 | €21,362 | €17,197 | €5,361 | €2,544 | €4,895 | ▲ 92.4% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €2,862 | €2,544 | €23,424 | €21,362 | €17,197 | €4,661 | €1,844 | €4,195 | ▲ 127% |
| Land and buildings22 | - | - | - | €1,908 | €1,590 | €1,272 | €954 | €4,132 | ▲ 333% |
| Plant, machinery and equipment23 | - | - | - | €18,581 | €15,010 | €3,069 | €847 | €63 | ▼ 92.6% |
| Furniture and vehicles24 | - | - | - | €873 | €596 | €320 | €44 | €0 | ▼ 100% |
| Financial fixed assets28 | €0 | - | - | - | - | €700 | €700 | €700 | = |
| Current assets29/58 | €51,007 | €64,505 | €37,616 | €60,273 | €24,889 | €22,520 | €30,644 | €39,830 | ▲ 30.0% |
| Stocks and contracts in progress3 | €33,645 | €30,318 | €20,212 | €36,323 | €2,522 | €4,800 | €4,934 | €5,809 | ▲ 17.7% |
| Stocks30/36 | - | - | - | €36,323 | €2,522 | €4,800 | €4,934 | €5,809 | ▲ 17.7% |
| Amounts receivable within one year40/41 | €8,264 | €8,123 | €9,408 | €5,648 | €8,759 | €7,239 | €3,381 | €10,719 | ▲ 217% |
| Trade receivables40 | - | - | - | €0 | €8,308 | €6,136 | €969 | €1,286 | ▲ 32.7% |
| Other amounts receivable41 | - | - | - | €5,648 | €451 | €1,103 | €2,412 | €9,433 | ▲ 291% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €9,099 | €25,323 | €7,711 | €17,208 | €12,770 | €9,249 | €19,331 | €20,744 | ▲ 7.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,093 | €838 | €1,232 | €2,998 | €2,559 | ▼ 14.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €54,273 | €67,129 | €61,040 | €81,635 | €42,086 | €27,881 | €33,188 | €44,725 | ▲ 34.8% |
| Equity10/15 | -€7,213 | -€13,103 | -€2,519 | €27,866 | €31,945 | €25,165 | €28,982 | €36,196 | ▲ 24.9% |
| Contributions10/11 | €12,380 | €12,380 | - | €12,380 | €12,380 | €12,380 | €12,380 | €12,380 | = |
| Reserves13 | €282 | €282 | €282 | €282 | €282 | €282 | €282 | €7,482 | ▲ 27× |
| Non-distributable reserves130/1 | - | - | - | €282 | €282 | €282 | €282 | €282 | = |
| Reserves not available under the articles1311 | - | - | - | €282 | €282 | €282 | €282 | €282 | = |
| Distributable reserves133 | - | - | - | - | - | - | - | €7,200 | - |
| Profit (loss) carried forward14 | -€19,875 | -€25,765 | -€15,181 | €15,204 | €19,283 | €12,503 | €16,320 | €16,334 | ▲ 0.1% |
| Amounts payable17/49 | €61,485 | €80,232 | €63,559 | €53,769 | €10,141 | €2,716 | €4,206 | €8,529 | ▲ 103% |
| Amounts payable within one year42/48 | €61,485 | €80,232 | €63,559 | €53,769 | €10,141 | €2,716 | €4,206 | €8,529 | ▲ 103% |
| Trade debts44 | €39,127 | €59,310 | €5,274 | €4,655 | €9,265 | €1,036 | €2,210 | €1,941 | ▼ 12.2% |
| Suppliers440/4 | - | - | - | €4,655 | €9,265 | €1,036 | €2,210 | €1,941 | ▼ 12.2% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €385 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €353 | €876 | €1,680 | €1,611 | €6,589 | ▲ 309% |
| Taxes450/3 | - | - | - | €353 | €876 | €1,680 | €1,611 | €2,106 | ▲ 30.7% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €4,482 | - |
| Other amounts payable47/48 | - | - | - | €48,760 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,234 | -€5,890 | €10,584 | €30,386 | €4,078 | -€6,780 | €3,817 | €7,214 | ▲ 89.0% |
| + Depreciation and write-downs630 | €641 | €641 | €3,134 | €4,102 | €4,165 | €2,817 | €2,817 | €1,258 | ▼ 55.4% |
| Operating cash flow (approximation) | -€24,593 | -€5,249 | €13,718 | €34,488 | €8,243 | -€3,962 | €6,634 | €8,471 | ▲ 27.7% |
| Investment in fixed assets (approximation) | - | -€323 | -€24,014 | -€2,040 | €0 | €9,018 | €0 | -€3,608 | - |
| Change in cash | - | €16,224 | -€17,612 | €9,498 | -€4,438 | -€3,521 | €10,082 | €1,413 | ▼ 86.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00239467 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00283838 |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00273179 |
| 31-12-2022 | micro format | 23-09-2023 | 2023-00452047 |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20087990 |
| 31-12-2020 | micro format | 25-06-2021 | 2021-24000306 |
| 31-12-2019 | micro format | 29-06-2020 | 2020-21500085 |
| 31-12-2018 | micro format | 22-08-2019 | 2019-48400388 |
| 31-12-2017 | micro format | 03-07-2018 | 2018-26500484 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KEYEN Johan Ghisalin |
|
Owners and capital
Capital and shareholders
- 11-10-2023 Capital stated in the deed · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
11-10
Gazette deed
Resignation: KEYEN Johan Ghisalin (statutory director)Reappointment: KEYEN Johan Ghisalin (director) · Amendment of the articles · Capital conversion16 facts ▸
- General meeting, 09-10-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening”, EUR (deed in Dutch)
- Other provision, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Registered-office move, Hyacintstraat 8,3800 Sint-Truiden
- Purpose change
- Other provision, “vrijstelling voorlezing verslag bestuursorgaan over wijziging voorwerp, verslag van het bestuursorgaan” (deed in Dutch)
- Other provision, “niet volstortte aandeel van kapitaal, vrijstelling volstortingsplicht niet-opgevraagde inbrengen” (deed in Dutch)
- Other provision, “vereisten artikelen 5:142 en 5:143 Wetboek Vennootschappen en Verenigingen” (deed in Dutch)
- Director resignation, KEYEN Johan Ghisalin (statutory director)
- Director discharge, KEYEN Johan Ghisalin
- Director reappointment, KEYEN Johan Ghisalin (director (not named in the articles))
- +4 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Dual-learning approval
4 endedEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71053G0485/00V000 | Flanders | 351 m² | 1 · 109 m² | 7.5 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Slotenmaker; Sluitwerk voor ramen en deuren; Beslag voor ramen en deuren; Diensten in verband met de beveiliging van gebouwen; Het maken van…” (deed in Dutch)
9 activities (deed in Dutch)
- Slotenmaker
- Sluitwerk voor ramen en deuren
- Beslag voor ramen en deuren
- Diensten in verband met de beveiliging van gebouwen
- Het maken van sleutels
- Detailhandel in de verkoop van sloten,sleutels,beveiligingsartikelen,…
- Reparatie van consumentenartikelen
- Vervaardiging van hang-en sluitwerk
- Handelsbemiddeling in energieproducten alsook hernieuwbare energiebronnen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- J & E
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, zetel niet opgenomen in statuten,wel gewest waar zetel gelegen is” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Door algemene vergadering vast te stellen,zonder bepaling onbepaalde duur, één of meer bestuurder(s)” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 20:00