J@S
ActiveSummary
J@S has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.4m and a net result of €2.3m. Equity is growing by about 31% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€15.4m▲ 17.9%
2024 · €13.0m
Total assets
€15.6m▲ 15.9%
2024 · €13.4m
Net result
€2.3m▼ 51.4%
2024 · €4.8m
Working capital
€6.3m▲ 22.9%
2024 · €5.2m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €7,036 in 2025 against €7,652 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.007m
2025
Net result€2.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€15.6m
2025
Equity€15.4m
2025
Debt€0.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€6.3m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m--€0.002m▼ 22.7%-€0.002m▲ 12.8%-€0.005m▼ 159%-€0.008m▼ 63.1%-€0.01m▼ 31.7%-€0.008m▲ 29.8%-€0.007m▲ 8.1%
Net result€0.3m-€2.7m▲ 718%€0.2m▼ 94.1%€0.2m▲ 31.4%€2.4m▲ 11×€2.0m▼ 16.2%€4.8m▲ 142%€2.3m▼ 51.4%
Equity€2.5m-€4.2m▲ 66.7%€3.7m▼ 11.7%€3.9m▲ 5.6%€6.3m▲ 60.7%€8.2m▲ 31.7%€13.0m▲ 58.1%€15.4m▲ 17.9%
Total assets€3.6m-€5.2m▲ 42.4%€3.7m▼ 28.8%€3.9m▲ 5.6%€6.3m▲ 60.8%€8.2m▲ 31.6%€13.4m▲ 63.1%€15.6m▲ 15.9%
Debt€1.1m-€1.0m▼ 11.5%€100▼ 100.0%€100=€0.001m▲ 868%€0.001m=€0.4m▲ 427×€0.2m▼ 44.6%
Working capital€0.9m€0.4m▼ 53.3%€0.6m▲ 48.5%€3.0m▲ 372%€4.9m▲ 62.8%€5.2m▲ 5.4%€6.3m▲ 22.9%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
- 2024 Net result +142% on 2023. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.6m
Fixed assets
€9.0m ▲ 14.5%
Current assets
€6.6m ▲ 17.9%
Equity and liabilities €15.6m
Equity
€15.4m ▲ 17.9%
Debt
€228,845 ▼ 44.6%
Debt's share of the balance-sheet total falls from 3.1% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
28.69▲
2024 · 13.55
Debt to equity
0.01▼
2024 · 0.03
ROE
15.2%▼
2024 · 36.7%
ROA
14.9%▼
2024 · 35.6%
Debt ≤ 1 year
€228,845▼
2024 · €410,911
Income taxes
€250,862▲
2024 · €60,991
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 |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | €0 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0 | €0.007m | - |
| Gross operating margin9900 | -€0.001m | -€0.001m | -€0.001m | -€0.004m | -€0.007m | -€0.01m | -€0.008m | €0 | - |
| Operating profit (loss)9901 | -€0.002m | -€0.002m | -€0.002m | -€0.005m | -€0.008m | -€0.01m | -€0.008m | -€0.007m | ▲ 8.1% |
| Financial income75/76B | - | - | - | €0.2m | €2.4m | €2.0m | €4.9m | €2.7m | ▼ 45.2% |
| Recurring financial income75 | €0.4m | €2.7m | €0.2m | €0.2m | €2.4m | €2.0m | €4.9m | €2.7m | ▼ 45.2% |
| Financial charges65/66B | - | - | - | €0.001m | €0.002m | €286 | €0 | €0.08m | - |
| Recurring financial charges65 | €0.09m | €169 | €176 | €0.001m | €0.002m | €286 | €0 | €0.08m | - |
| Profit (loss) for the period before taxes9903 | €0.3m | €2.7m | €0.2m | €0.2m | €2.4m | €2.0m | €4.8m | €2.6m | ▼ 46.8% |
| Income taxes67/77 | €0 | €0 | - | - | - | - | €0.06m | €0.3m | ▲ 311% |
| Profit (loss) for the period9904 | €0.3m | €2.7m | €0.2m | €0.2m | €2.4m | €2.0m | €4.8m | €2.3m | ▼ 51.4% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €2.7m | €0.2m | €0.2m | €2.4m | €2.0m | €4.8m | €2.3m | ▼ 51.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.6m | €5.2m | €3.7m | €3.9m | €6.3m | €8.2m | €13.4m | €15.6m | ▲ 15.9% |
| Formation expenses20 | €0 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | €3.4m | €7.9m | €9.0m | ▲ 14.5% |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | €3.4m | €7.9m | €9.0m | ▲ 14.5% |
| Current assets29/58 | €0.4m | €1.9m | €0.4m | €0.6m | €3.0m | €4.9m | €5.6m | €6.6m | ▲ 17.9% |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | - | €0.5m | €0 | - | - | - | €1.4m | €1.2m | ▼ 18.2% |
| Other amounts receivable41 | - | - | - | - | - | - | €1.4m | €1.2m | ▼ 18.2% |
| Current investments50/53 | €0 | €0 | - | - | - | €1.0m | €4.1m | €5.0m | ▲ 21.3% |
| Cash at bank and in hand54/58 | €0.4m | €1.4m | €0.4m | €0.6m | €3.0m | €2.9m | €0.06m | €0.4m | ▲ 632% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.02m | €1.0m | €0 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.6m | €5.2m | €3.7m | €3.9m | €6.3m | €8.2m | €13.4m | €15.6m | ▲ 15.9% |
| Equity10/15 | €2.5m | €4.2m | €3.7m | €3.9m | €6.3m | €8.2m | €13.0m | €15.4m | ▲ 17.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €13.0m | €15.3m | ▲ 17.9% |
| Non-distributable reserves130/1 | - | - | - | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.002m | €0.002m | €0.002m | €13.0m | €15.3m | ▲ 17.9% |
| Profit (loss) carried forward14 | €2.5m | €4.2m | €3.7m | €3.9m | €6.2m | €8.2m | €0 | - | - |
| Amounts payable17/49 | €1.1m | €1.0m | €100 | €100 | €0.001m | €0.001m | €0.4m | €0.2m | ▼ 44.6% |
| Amounts payable after more than one year17 | €1.1m | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | - | €1.0m | €100 | €100 | €100 | €100 | €0.4m | €0.2m | ▼ 44.3% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €100 | €100 | €100 | €0.4m | €0.2m | ▼ 41.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | €0.001m | €0.003m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €2.7m | €0.2m | €0.2m | €2.4m | €2.0m | €4.8m | €2.3m | ▼ 51.4% |
| + Depreciation and write-downs630 | €0 | €0 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €0.3m | €2.7m | €0.2m | €0.2m | €2.4m | €2.0m | €4.8m | €2.3m | ▼ 51.4% |
| Investment in fixed assets (approximation) | - | €0 | -€100 | €0 | €0 | -€0.1m | -€4.5m | -€1.1m | ▲ 74.7% |
| Change in cash | - | €1.0m | -€1.0m | €0.2m | €2.3m | -€0.08m | -€2.8m | €0.4m | - |
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 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-07-2026 | 2026-00315854 |
| 31-12-2024 | abbreviated format | 23-09-2025 | 2025-00511909 |
| 31-12-2023 | micro format | 08-08-2024 | 2024-00334876 |
| 31-12-2022 | abbreviated format | 11-08-2023 | 2023-00324811 |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20104322 |
| 31-12-2020 | micro format | 08-07-2021 | 2021-32200416 |
| 31-12-2019 | abbreviated format | 22-06-2020 | 2020-18500359 |
| 31-12-2018 | micro format | 18-07-2019 | 2019-34300037 |
| 31-12-2017 | abbreviated format | 13-07-2018 | 2018-32000435 |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-33000280 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.