Summary
J&L17 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €43,875 and a net result of €13,387. Equity is growing by ~47.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 8211 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activities of holding companies
NACE 64210Holdings NACE 64200
1 site
How big
€53,900total assets 2025
- Equity
- €43,875
- Profit
- €13,387
Turnover not published (abridged schema)
Financially healthy?
Financial institution: outside the modelProbability: sector outside the model
Who decides
Accounts 7 d early0 of 2 deeds read
SignalsLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 d early
2024
6 d early
2023
on the day
2022
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 27 October (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
- General meeting · Director resignationPermanent representative · Director discharge
- Annual accounts filedfiscal year 2025 · micro…
- Liquidity doublescurrent ratio 7.79
Financials
Fiscal year 2025Total assets €53,900Profit €13,387Solvency 81.4%Liquidity 7.79
Total assets
€53,900▲ 27.2%
2022 - 2025
Net result
€13,387▲ 1,183%
2022 - 2025
Equity
€43,875▲ 43.9%
2022 - 2025
Solvency
81.4%▲ 9.5pp
2022 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 64, Financial service activities, except insurance and pension funding, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€13,083-€21,291▲ 62.7%€5,412▼ 74.6%€21,019▲ 288%
Net result€10,179within the sector's middle half-€16,766within the sector's middle half▲ 64.7%€1,043below the sector's middle half▼ 93.8%€13,387within the sector's middle half▲ 1,183%
Equity€12,679below the sector's middle half-€29,445below the sector's middle half▲ 132%€30,488below the sector's middle half▲ 3.5%€43,875within the sector's middle half▲ 43.9%
Total assets€22,020below the sector's middle half-€40,677below the sector's middle half▲ 84.7%€42,390below the sector's middle half▲ 4.2%€53,900below the sector's middle half▲ 27.2%
Debt€9,341-€11,232▲ 20.2%€11,901▲ 6.0%€10,025▼ 15.8%
Working capital€11,883within the sector's middle half-€23,944within the sector's middle half▲ 102%€25,746within the sector's middle half▲ 7.5%€44,645within the sector's middle half▲ 73.4%
Solvency57.6%within the sector's middle half-72.4%within the sector's middle half▲ 14.8pp71.9%within the sector's middle half▼ 0.5pp81.4%above the sector's middle half▲ 9.5pp
Current ratio2.27within the sector's middle half-3.13within the sector's middle half▲ 0.863.16within the sector's middle half▲ 0.037.79above the sector's middle half▲ 4.63
Return on assets (ROA)46.2%above the sector's middle half-41.2%above the sector's middle half▼ 5.0pp2.5%within the sector's middle half▼ 38.8pp24.8%within the sector's middle half▲ 22.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 288% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53,900
Fixed assets
€2,684 ▼ 43.4%
Current assets
€51,216 ▲ 36.0%
Equity and liabilities €53,900
Equity
€43,875 ▲ 43.9%
Debt
€10,025 ▼ 15.8%
Debt's share of the balance-sheet total falls from 28.1% to 18.6%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
ROE
30.5%▲
2024 · 3.4%
Debt ≤ 1 year
€6,571▼
2024 · €11,901
Income taxes
€4,288▲
2024 · €1,156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43 | €734 | €1,867 | €2,059 | ▲ 10.3% |
| Other operating charges640/8 | €348 | €450 | €873 | €762 | ▼ 12.7% |
| Gross operating margin9900 | €13,474 | €22,474 | €8,152 | €23,840 | ▲ 192% |
| Operating profit (loss)9901 | €13,083 | €21,291 | €5,412 | €21,019 | ▲ 288% |
| Financial income75/76B | - | - | €0 | €11 | ▲ 3,503% |
| Recurring financial income75 | - | - | €0 | €11 | ▲ 3,503% |
| Financial charges65/66B | €107 | €48 | €3,213 | €3,356 | ▲ 4.5% |
| Recurring financial charges65 | €107 | €48 | €3,213 | €3,356 | ▲ 4.5% |
| Profit (loss) for the period before taxes9903 | €12,976 | €21,243 | €2,199 | €17,674 | ▲ 704% |
| Income taxes67/77 | €2,797 | €4,478 | €1,156 | €4,288 | ▲ 271% |
| Profit (loss) for the period9904 | €10,179 | €16,766 | €1,043 | €13,387 | ▲ 1,183% |
| Profit (loss) for the period to be appropriated9905 | €10,179 | €16,766 | €1,043 | €13,387 | ▲ 1,183% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €22,020 | €40,677 | €42,390 | €53,900 | ▲ 27.2% |
| Fixed assets21/28 | €797 | €5,501 | €4,743 | €2,684 | ▼ 43.4% |
| Tangible fixed assets22/27 | €797 | €5,501 | €4,743 | €2,684 | ▼ 43.4% |
| Plant, machinery and equipment23 | €797 | €629 | €461 | €293 | ▼ 36.5% |
| Furniture and vehicles24 | - | €4,872 | €4,282 | €2,391 | ▼ 44.2% |
| Current assets29/58 | €21,224 | €35,177 | €37,647 | €51,216 | ▲ 36.0% |
| Amounts receivable within one year40/41 | €7,985 | €10,066 | €14,647 | €27,937 | ▲ 90.7% |
| Trade receivables40 | €7,821 | €10,066 | €7,671 | €27,225 | ▲ 255% |
| Other amounts receivable41 | €164 | - | €6,976 | €712 | ▼ 89.8% |
| Cash at bank and in hand54/58 | €13,186 | €25,060 | €22,374 | €22,829 | ▲ 2.0% |
| Deferred charges and accrued income490/1 | €52 | €50 | €626 | €449 | ▼ 28.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €22,020 | €40,677 | €42,390 | €53,900 | ▲ 27.2% |
| Equity10/15 | €12,679 | €29,445 | €30,488 | €43,875 | ▲ 43.9% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €10,179 | €26,945 | €27,988 | €41,375 | ▲ 47.8% |
| Distributable reserves133 | €10,179 | €26,945 | €27,988 | €41,375 | ▲ 47.8% |
| Amounts payable17/49 | €9,341 | €11,232 | €11,901 | €10,025 | ▼ 15.8% |
| Amounts payable within one year42/48 | €9,341 | €11,232 | €11,901 | €6,571 | ▼ 44.8% |
| Trade debts44 | €2,005 | €2,203 | €3,601 | €82 | ▼ 97.7% |
| Suppliers440/4 | €2,005 | €2,203 | €3,601 | €82 | ▼ 97.7% |
| Taxes, remuneration and social security45 | €4,816 | €4,378 | €2,019 | €6,225 | ▲ 208% |
| Taxes450/3 | €2,797 | €2,358 | - | €4,205 | - |
| Remuneration and social security454/9 | €2,019 | €2,019 | €2,019 | €2,019 | = |
| Other amounts payable47/48 | €2,520 | €4,651 | €6,281 | €264 | ▼ 95.8% |
| Accrued charges and deferred income492/3 | - | - | - | €3,454 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,179 | €16,766 | €1,043 | €13,387 | ▲ 1,183% |
| + Depreciation and write-downs630 | €43 | €734 | €1,867 | €2,059 | ▲ 10.3% |
| Operating cash flow (approximation) | €10,223 | €17,499 | €2,910 | €15,446 | ▲ 431% |
| Investment in fixed assets (approximation) | - | -€5,437 | -€1,109 | €0 | ▲ 100% |
| Change in cash | - | €11,875 | -€2,686 | €455 | ▲ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 10,013 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Structure & network
Connections & network
The board mandates are listed below; here you explore them as a network.
This company
Company
Director
Shareholding
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Board mandates elsewhere
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Timeline
8 eventsLatest 02-06-2026Next filing 31-10-2026
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 7.79
Current ratio from 3.16 to 7.79; short-term debt falls from €11,901 to €6,571.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €1,043 ▼93.8%
Net result drops to €1,043, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2022net €16,766 ▲64.7%
Operating result €21,291, net result €16,766, both a record.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB 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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Company details
Private limited company · founded 30-03-2021Year ends 31-03Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded30-03-2021
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
Contact
E-mail
jyrki.leysen@vestad.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765875772
Also
9925:BE0765875772
Registered
31-01-2026
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.
Sites & property
Location & real-estate footprint
Registered office, Vosselaar · 1 establishment unit since 2021
Ground area
621 m²
Building footprint
195 m²
Volume, LiDAR
1,431 m³
Parcel 13046C0153/00N000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J&L17
since 2021unit no. 2.315.894.004
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046C0153/00N000 | Flanders | 621 m² | 1 · 195 m² | 11.2 m · 2 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.
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