J-Force
ActiveJ-Force has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €294. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-14
Solvency46▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.35 in 2024; short-term debt: 26.6% and cash: 1.4% of total assets), and 78.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.4%
Return on assets
0%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
74 d early
2024
11 d late
2023
62 d early
2022
19 d early
2021
17 d early
2020
36 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€128k▲ 0.2%
2024 · €128k
2020: €85k
2021: €87k
2022: €99k
2023: €111k
2024: €128k
2020 → 2025
Total assets
€601k▲ 2.1%
2024 · €589k
2020: €278k
2021: €262k
2022: €255k
2023: €433k
2024: €589k
2020 → 2025
Net result
€294▼ 98.3%
2024 · €17k
2020: €-15k
2021: €3k
2022: €11k
2023: €12k
2024: €17k
2020 → 2025
Working capital
€-141k▼ 28.0%
2024 · €-110k
2020: €-10k
2021: €-16k
2022: €-5k
2023: €-34k
2024: €-110k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€99k▲ 12.9%€111k▲ 12.5%€128k▲ 15.5%€128k▲ 0.2%
Operating result€4k-€13k▲ 208%€22k▲ 69.3%€41k▲ 85.1%€18k▼ 56.7%
Net result€3k-€11k▲ 348%€12k▲ 9.7%€17k▲ 39.4%€294▼ 98.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €601k
Fixed assets
€582k▲ 9.8%
Current assets
€19k▼ 67.7%
Equity and liabilities €601k
Equity
€128k▲ 0.2%
Debt
€472k▲ 2.6%
The debt ratio rises from 78.2% to 78.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▼
2024 · €65k
Cash flow
€24k▼
2024 · €41k
Solvency
21.4%▼
2024 · 21.8%
Current ratio
0.12▼
2024 · 0.35
Quick ratio
0.12▼
2024 · 0.35
Debt / equity
3.68▲
2024 · 3.59
ROE
0.2%▼
2024 · 13.4%
ROA
0.0%▼
2024 · 2.9%
Interest coverage
2.42▼
2024 · 3.69
Debt
€472k▲
2024 · €460k
Debt ≤ 1 year
€160k▼
2024 · €169k
Debt > 1 year
€312k▲
2024 · €292k
Income taxes
€98▼
2024 · €6k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€589k€601k▲
Fixed assets21/28€530k€582k▲
Tangible fixed assets22/27€530k€582k▲
Land and buildings22€530k€556k▲
Furniture and vehicles24-€26k
Current assets29/58€59k€19k▼
Amounts receivable within one year40/41€3k€7k▲
Trade receivables40-€3k
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€55k€8k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€589k€601k▲
Equity10/15€128k€128k▲
Contributions10/11€100k€100k=
Profit (loss) carried forward14€28k€28k▲
Amounts payable17/49€460k€472k▲
Amounts payable after more than one year17€292k€312k▲
Financial debts170/4€292k€312k▲
Amounts payable within one year42/48€169k€160k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€136k€126k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€68k€44k▼
Operating profit (loss)9901€41k€18k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€18k€17k▼
Recurring financial charges65€18k€17k▼
Profit (loss) for the period before taxes9903€23k€392▼
Income taxes67/77€6k€98▼
Profit (loss) for the period9904€17k€294▼
Profit (loss) for the period to be appropriated9905€17k€294▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€28k▲
Profit (loss) brought forward from the previous period14P€11k€28k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Highest result since 2020net €17k ▲39.4%
Operating result €41k, net result €17k, both a record.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €111k ▲12.5%
3 profitable years in a row build equity to €111k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Merelbeke-Melle
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.
Verlorenbroodstraat 639820 Merelbeke-MelleGround area
241 m²
Building footprint
486 m²
Volume, LiDAR
2,875 m³
Parcel 44043A0050/00F008, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0050/00F008 | Flanders | 241 m² | 1 · 486 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
DEPOT
BE 0428.231.442
Knokke-Heist · Eq €129k
BN-INVEST
BE 0521.974.816
Beringen · Eq €128k
L'OCQUIEROISE
BE 0480.217.306
Verviers · Eq €129k
Banning Square
BE 0765.204.393
Elsene · Eq €129k
KITI
BE 0403.696.974
Aartselaar · Eq €129k
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,970 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2019
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.