J K MANAGEMENT
ActiveSummary
J K MANAGEMENT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€66,099. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 87% of 8,477 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
Equity
€2.1m▼ 3.1%
2024 · €2.2m
Total assets
€2.4m▲ 8.9%
2024 · €2.2m
Net result
-€66,099
2024 · €90,697
Working capital
€630,380▼ 29.7%
2024 · €897,117
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €121,889 in 2025 against €37,592 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.1m
2025
Net result-€0.07m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.4m
2025
Equity€2.1m
2025
Debt€0.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-2.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency88.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.35
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.02m--€0.05m€0.02m-€0.1m-€0.004m▲ 97.0%-€0.03m▼ 749%-€0.04m▼ 18.0%-€0.1m▼ 224%
Net result€0.02m-€0.004m▼ 82.0%-€0.2mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 44.4%€0.06mabove the sector's middle half-€0.02mbelow the sector's middle half€0.09mabove the sector's middle half-€0.07mbelow the sector's middle half
Equity€2.4m-€2.4m▲ 0.2%€2.2mabove the sector's middle half▼ 9.5%€2.0mabove the sector's middle half▼ 5.8%€2.1mabove the sector's middle half▲ 2.9%€2.1mabove the sector's middle half▼ 1.1%€2.2mabove the sector's middle half▲ 4.4%€2.1mabove the sector's middle half▼ 3.1%
Total assets€2.5m-€2.4m▼ 0.5%€2.2mabove the sector's middle half▼ 8.8%€2.1mabove the sector's middle half▼ 4.9%€2.1mabove the sector's middle half▲ 0.4%€2.1mabove the sector's middle half▼ 1.4%€2.2mabove the sector's middle half▲ 3.6%€2.4mabove the sector's middle half▲ 8.9%
Debt€0.07m-€0.06m▼ 23.3%€0.07m▲ 18.6%€0.08m▲ 25.2%€0.03m▼ 60.5%€0.02m▼ 23.6%€0.01m▼ 58.6%€0.3m▲ 2,517%
Working capital€1.3m-€1.2m▼ 5.1%€1.0mabove the sector's middle half▼ 16.4%€0.9mabove the sector's middle half▼ 8.4%€1.1mabove the sector's middle half▲ 20.2%€0.9mabove the sector's middle half▼ 18.7%€0.9mabove the sector's middle half▼ 0.6%€0.6mabove the sector's middle half▼ 29.7%
Solvency97.0%-97.7%▲ 0.7pp97.0%above the sector's middle half▼ 0.7pp96.1%above the sector's middle half▼ 0.9pp98.5%above the sector's middle half▲ 2.4pp98.8%above the sector's middle half▲ 0.3pp99.5%above the sector's middle half▲ 0.7pp88.6%above the sector's middle half▼ 10.9pp
Current ratio40.91-32.54▼ 8.3716.25above the sector's middle half▼ 16.3012.16above the sector's middle half▼ 4.0935.00above the sector's middle half▲ 22.8437.20above the sector's middle half▲ 2.2088.04above the sector's middle half▲ 50.843.35within the sector's middle half▼ 84.69
Return on assets (ROA)1.0%-0.2%▼ 0.8pp-10.1%below the sector's middle half▼ 10.3pp-5.9%below the sector's middle half▲ 4.2pp2.8%within the sector's middle half▲ 8.7pp-1.1%below the sector's middle half▼ 3.9pp4.2%within the sector's middle half▲ 5.3pp-2.8%below the sector's middle half▼ 7.0pp
above
within
below
the middle half of NACE 73, Advertising, market research and public relations activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets
€1.5m ▲ 15.9%
Current assets
€898,519 ▼ 1.0%
Equity and liabilities €2.4m
Equity
€2.1m ▼ 3.1%
Debt
€269,715 ▲ 2,517%
Debt's share of the balance-sheet total rises from 0.5% to 11.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€103,866▼
2024 · -€19,468
Cash flow
-€48,077▼
2024 · €108,821
Debt to equity
0.13▲
2024 · 0.00
ROE
-3.1%▼
2024 · 4.2%
Interest coverage
-4.25▼
2024 · -2.81
Debt ≤ 1 year
€268,139▲
2024 · €10,307
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €625 | - | €360 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,976 | €15,176 | €15,314 | €15,668 | €16,206 | €16,856 | €18,124 | €18,022 | ▼ 0.6% |
| Other operating charges640/8 | - | - | - | €10,081 | €2,656 | €5,722 | €8,023 | €6,175 | ▼ 23.0% |
| Non-recurring operating charges66A | - | - | - | €124,955 | - | - | €195 | €45,065 | ▲ 23,010% |
| Gross operating margin9900 | €73,976 | -€33,332 | €40,852 | €25,011 | €15,109 | -€9,282 | -€11,250 | -€52,626 | ▼ 368% |
| Operating profit (loss)9901 | €22,629 | -€52,894 | €17,528 | -€125,693 | -€3,753 | -€31,859 | -€37,592 | -€121,889 | ▼ 224% |
| Financial income75/76B | - | - | - | €200,233 | €100,576 | €57,004 | €135,225 | €80,227 | ▼ 40.7% |
| Recurring financial income75 | €28,081 | €47,283 | €80,518 | €60,922 | €100,576 | €57,004 | €135,225 | €80,227 | ▼ 40.7% |
| Non-recurring financial income76B | - | - | - | €139,311 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €200,261 | €38,152 | €48,173 | €6,937 | €24,438 | ▲ 252% |
| Recurring financial charges65 | €46,299 | €3,372 | €68,730 | €60,950 | €38,152 | €48,173 | €6,937 | €24,438 | ▲ 252% |
| Non-recurring financial charges66B | - | - | - | €139,311 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €25,411 | €6,017 | -€200,995 | -€125,721 | €58,671 | -€23,028 | €90,697 | -€66,099 | - |
| Income taxes67/77 | €1,978 | €1,805 | €25,129 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €23,433 | €4,212 | -€226,123 | -€125,721 | €58,671 | -€23,028 | €90,697 | -€66,099 | - |
| Profit (loss) for the period to be appropriated9905 | €23,433 | €4,212 | -€226,123 | -€125,721 | €58,671 | -€23,028 | €90,697 | -€66,099 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.5m | €2.4m | €2.2m | €2.1m | €2.1m | €2.1m | €2.2m | €2.4m | ▲ 8.9% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.1m | €1.0m | €1.2m | €1.3m | €1.5m | ▲ 15.9% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 7.0% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 7.9% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €473 | €0.001m | €0.003m | €0.005m | ▲ 102% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.001m | ▼ 57.6% |
| Financial fixed assets28 | €0.9m | €1.0m | €0.9m | €0.9m | €0.8m | €1.0m | €1.1m | €1.3m | ▲ 20.4% |
| Current assets29/58 | €1.3m | €1.2m | €1.1m | €1.0m | €1.1m | €0.9m | €0.9m | €0.9m | ▼ 1.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.05m | - | - | - | €0.03m | - |
| Other amounts receivable291 | - | - | - | €0.05m | - | - | - | €0.03m | - |
| Amounts receivable within one year40/41 | €0.04m | €0.06m | €0.07m | €0.07m | €0.07m | €0.04m | €0.03m | €0.01m | ▼ 61.8% |
| Trade receivables40 | - | - | - | €0.06m | €0.07m | €0.03m | €0.02m | - | - |
| Other amounts receivable41 | - | - | - | €0.01m | €0.009m | €0.01m | €0.01m | €0.01m | ▼ 7.3% |
| Current investments50/53 | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | ▼ 14.3% |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.01m | €0.1m | €0.2m | €0.005m | €0.007m | €0.08m | ▲ 1,035% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.05m | €0.08m | €0.1m | €0.1m | ▲ 23.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.5m | €2.4m | €2.2m | €2.1m | €2.1m | €2.1m | €2.2m | €2.4m | ▲ 8.9% |
| Equity10/15 | €2.4m | €2.4m | €2.2m | €2.0m | €2.1m | €2.1m | €2.2m | €2.1m | ▼ 3.1% |
| Contributions10/11 | €0.008m | €0.008m | - | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Capital10 | - | - | - | €0.008m | €0.008m | - | - | - | - |
| Issued capital100 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Uncalled capital101 | - | - | - | €0.01m | €0.01m | - | - | - | - |
| Reserves13 | €2.4m | €2.4m | €2.2m | €2.0m | €2.1m | €2.1m | €2.2m | €2.1m | ▼ 3.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Legal reserve130 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €2.0m | €2.1m | €2.1m | €2.2m | €2.1m | ▼ 3.1% |
| Amounts payable17/49 | €0.07m | €0.06m | €0.07m | €0.08m | €0.03m | €0.02m | €0.01m | €0.3m | ▲ 2,517% |
| Amounts payable after more than one year17 | €0.04m | €0.02m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.03m | €0.04m | €0.07m | €0.08m | €0.03m | €0.02m | €0.01m | €0.3m | ▲ 2,502% |
| Financial debts43 | - | - | - | - | - | €0.001m | - | €0.3m | - |
| Credit institutions430/8 | - | - | - | - | - | €0.001m | - | €0.3m | - |
| Trade debts44 | €0.008m | €0.003m | €0.004m | €0.006m | €0.001m | €0.005m | €0.003m | €0.02m | ▲ 498% |
| Suppliers440/4 | - | - | - | €0.006m | €0.001m | €0.005m | €0.003m | €0.02m | ▲ 498% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.01m | €0.009m | €0.008m | €0.002m | ▼ 70.0% |
| Taxes450/3 | - | - | - | €0.007m | €0.01m | €0.009m | €0.008m | €0.002m | ▼ 70.0% |
| Other amounts payable47/48 | - | - | - | €0.07m | €0.02m | €0.01m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €0.002m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,433 | €4,212 | -€226,123 | -€125,721 | €58,671 | -€23,028 | €90,697 | -€66,099 | - |
| + Depreciation and write-downs630 | €41,976 | €15,176 | €15,314 | €15,668 | €16,206 | €16,856 | €18,124 | €18,022 | ▼ 0.6% |
| Operating cash flow (approximation) | €65,409 | €19,387 | -€210,809 | -€110,054 | €74,877 | -€6,172 | €108,821 | -€48,077 | - |
| Investment in fixed assets (approximation) | - | -€60,947 | €30,244 | €25,395 | €111,836 | -€200,895 | -€114,024 | -€220,236 | ▼ 93.1% |
| Change in cash | - | -€132,182 | -€176,211 | €81,894 | €98,570 | -€189,368 | €1,659 | €72,198 | ▲ 4,252% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00357113 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00312447 |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00289800 |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00275708 |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20243259 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-66200440 |
| 31-12-2019 | micro format | 24-07-2020 | 2020-36000018 |
| 31-12-2018 | micro format | 19-07-2019 | 2019-35200002 |
| 31-12-2017 | micro format | 26-07-2018 | 2018-37600182 |
| 31-12-2016 | micro format | 25-07-2017 | 2017-34600445 |
Similar companies · same sector, comparable size
PERITUS BRANDS
BE 0829.653.074
Mechelen · equity €2,097,846
3 MOTION
BE 0830.951.884
Zele · equity €2,070,089
BOA
BE 0890.993.401
Menen · equity €2,139,038
Brugge Plus
BE 0465.705.908
Brugge · equity €2,056,826
PAPEL
BE 0766.831.421
Antwerpen · equity €2,051,938
Of the 9,777 active companies whose main activity is advertising agencies (NACE 73110), figures are known for 3,776. 989 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.