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J.R.C.I.

Inactive
KBO/BCE: BE 0423.771.620

Inactive; last annual accounts for fiscal year 2023.

Signals

1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 17-05-2024, 107 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2023
107 d late
2022
88 d early
2021
60 d early
2020
32 d early
2019
59 d early
2018
82 d early
2017
60 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, abbreviated schema

Turnover
€985k▼ 56.7%
2022 · €2.27M
2022: €2.27M
2022 → 2023
EBIT margin
17.4%▼ 73.4pp
2022 · 90.8%
2022: 90.8%
2022 → 2023
Net result
€-203k▼ 377%
2022 · €-43k
2018: €209k 2019: €304k 2020: €-314k 2021: €62k 2022: €-43k
2018 → 2023
Working capital
€-12.39M▲ 5.2%
2022 · €-13.08M
2018: €466k 2019: €587k 2020: €840k 2021: €1.34M 2022: €-13.08M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Turnover€2.27M€985k▼ 56.7%
Equity€1.91M-€1.60M▼ 16.4%€1.66M▲ 3.9%€521k▼ 68.6%€318k▼ 38.9%
Operating result€1.28M-€534k▼ 58.2%€855k▲ 60.2%€2.06M▲ 141%€171k▼ 91.7%
Net result€304k-€-314k€62k€-43k€-203k▼ 377%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-1.00M€0€1.00M€2.00MOperating result 2019: €1.28M€1.28MNet result 2019: €304k€304kOperating result 2020: €534k€534kNet result 2020: €-314k€-314kOperating result 2021: €855k€855kNet result 2021: €62k€62kOperating result 2022: €2.06M€2.06MNet result 2022: €-43k€-43kOperating result 2023: €171k€171kNet result 2023: €-203k€-203k20192020202120222023€-1M€0€1M€2MOperating result 2021: €855k€855kNet result 2021: €62k€62kOperating result 2022: €2.06M€2.1MNet result 2022: €-43k€-43kOperating result 2023: €171k€171kNet result 2023: €-203k€-203k202120222023
The operating result falls in 2023; 2023 is 92% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €18.46M
Fixed assets €13.10M ▼ 5.0%
Current assets €5.36M ▲ 585%
Equity and liabilities €18.46M
Equity €318k ▼ 38.9%
Debt €18.14M ▲ 29.1%
Debt's share of the balance-sheet total rises from 96.4% to 98.3%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€891k
2022 · €3.52M
Cash flow
€517k
2022 · €1.41M
Current ratio
0.30
2022 · 0.06
Debt to equity
57.07
2022 · 26.99
ROE
-63.8%
2022 · -8.2%
ROA
-1.1%
2022 · -0.3%
Interest coverage
2.69
2022 · 6.34
Debt ≤ 1 year
€17.75M
2022 · €13.86M
Income taxes
€43k
2022 · €55
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 51 lines
Balance sheet Code20222023
Assets
Total assets20/58€14.57M€18.46M
Fixed assets21/28€13.79M€13.10M
Tangible fixed assets22/27€13.79M€13.10M
Land and buildings22€13.79M€13.07M
Assets under construction and advance payments27-€29k
Current assets29/58€782k€5.36M
Amounts receivable within one year40/41€167k€166k
Trade receivables40€166k€166k=
Other amounts receivable41€1k-
Cash at bank and in hand54/58€125k€7k
Deferred charges and accrued income490/1€490k€5.19M
Equity and liabilities
Total equity and liabilities10/49€14.57M€18.46M
Equity10/15€521k€318k
Contributions10/11€450k€450k=
Capital10€450k€450k=
Issued capital100€450k€450k=
Reserves13€89k€89k=
Non-distributable reserves130/1€45k€45k=
Legal reserve130€45k€45k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€-19k€-221k
Amounts payable17/49€14.05M€18.14M
Amounts payable within one year42/48€13.86M€17.75M
Trade debts44€46k€41k
Suppliers440/4€46k€41k
Taxes, remuneration and social security45€55€55
Taxes450/3€55€55
Other amounts payable47/48€13.81M€17.71M
Accrued charges and deferred income492/3€192k€389k
Income statement Code20222023
Turnover70€2.27M€985k
Non-recurring operating income76A€1.60M-
Goods, raw materials, services and sundry goods60/61€341k€84k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.45M€720k
Other operating charges640/8€28k€17k
Gross operating margin9900€3.54M€907k
Operating profit (loss)9901€2.06M€171k
Financial income75/76B€36k-
Recurring financial income75€36k-
Financial charges65/66B€2.14M€331k
Recurring financial charges65€554k€331k
Non-recurring financial charges66B€1.59M-
Profit (loss) for the period before taxes9903€-42k€-160k
Income taxes67/77€55€43k
Profit (loss) for the period9904€-43k€-203k
Transfer from tax-exempt reserves789€24k-
Profit (loss) for the period to be appropriated9905€-19k€-203k
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-221k
Profit (loss) brought forward from the previous period14P-€-19k
Transfer from equity791/2€578k-
Profit to be distributed694/7€578k-
Return on contributions (dividend)694€578k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
17-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 107 days late
2023
13-12
State Gazette act Board meeting · Merger
Accounting effect · Power of attorney
24-07
State Gazette act Merger · Accounting effect
Net-asset statement · Real estate
04-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €62k
Net result €62k after one loss-making year.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-314k ▼203%
Net result drops to €-314k, the lowest in the series.
02-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Highest result since 2018net €304k ▲45.3%
Net result €304k, the highest in the series.
10-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
09-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:AEDIFICA
BE 0877.248.501operation treated as a merger by absorption · State Gazette act of 13-12-2023 (2 acts)

Recognitions · licences · registrations

Legal Entity Identifier

549300BLCKT1P4V2ZX75
no longer live in the LEI register