J.S.D.
Open bankruptcyA bankruptcy procedure is open for J.S.D. according to publications in the Belgian State Gazette; curator: LAURENT SAMYN.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-07-2024, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
2 d early
2022
on the day
2021
5 d early
2020
21 d late
2019
462 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€20k▲ 141%
2022 · €8k
2018: €27k
2019: €52k
2020: €24k
2021: €15k
2022: €8k
2018 → 2023
Total assets
€148k▼ 16.3%
2022 · €177k
2018: €74k
2019: €131k
2020: €83k
2021: €129k
2022: €177k
2018 → 2023
Net result
€12k
2022 · €-7k
2018: €983
2019: €25k
2020: €-28k
2021: €-9k
2022: €-7k
2018 → 2023
Working capital
€-19k▲ 52.2%
2022 · €-40k
2018: €-7k
2019: €-7k
2020: €-50k
2021: €-46k
2022: €-40k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€52k-€24k▼ 53.7%€15k▼ 38.1%€8k▼ 45.1%€20k▲ 141%
Operating result€33k-€-1k€23k€3k▼ 85.2%€16k▲ 351%
Net result€25k-€-28k€-9k▲ 67.1%€-7k▲ 26.8%€12k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 351% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €148k
Fixed assets
€59k▼ 25.5%
Current assets
€89k▼ 8.7%
Equity and liabilities €148k
Equity
€20k▲ 141%
Debt
€128k▼ 24.0%
The debt ratio falls from 95.3% to 86.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2022 · €24k
Cash flow
€40k▲
2022 · €14k
Solvency
13.4%▲
2022 · 4.7%
Current ratio
0.82▲
2022 · 0.71
Quick ratio
0.81▲
2022 · 0.70
Debt / equity
6.46▼
2022 · 20.45
ROE
58.4%▲
2022 · -82.1%
ROA
7.8%▲
2022 · -3.8%
Interest coverage
23.97▲
2022 · 5.71
Debt
€128k▼
2022 · €169k
Debt ≤ 1 year
€108k▼
2022 · €137k
Debt > 1 year
€19k▼
2022 · €31k
Income taxes
€2k▲
2022 · €117
Staff costs
€55k▲
2022 · €50k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€177k€148k▼
Fixed assets21/28€80k€59k▼
Tangible fixed assets22/27€80k€59k▼
Plant, machinery and equipment23€80k€59k▼
Current assets29/58€97k€89k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€33k€86k▲
Trade receivables40€31k€14k▼
Other amounts receivable41€2k€72k▲
Cash at bank and in hand54/58€32k€947▼
Deferred charges and accrued income490/1€30k-
Equity and liabilities
Total equity and liabilities10/49€177k€148k▼
Equity10/15€8k€20k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-12k€-606▲
Amounts payable17/49€169k€128k▼
Amounts payable after more than one year17€31k€19k▼
Financial debts170/4€31k€19k▼
Amounts payable within one year42/48€137k€108k▼
Current portion of amounts payable after more than one year42-€11k
Financial debts43€11k-
Credit institutions430/8€11k-
Trade debts44€66k€62k▼
Suppliers440/4€66k€62k▼
Taxes, remuneration and social security45€37k€21k▼
Taxes450/3€37k€20k▼
Remuneration and social security454/9-€1k
Other amounts payable47/48€22k€13k▼
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20222023
Remuneration, social security and pensions62€50k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€28k▲
Other operating charges640/8€19k€188▼
Gross operating margin9900€93k€99k▲
Operating profit (loss)9901€3k€16k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Non-recurring financial income76B€5k-
Financial charges65/66B€15k€2k▼
Recurring financial charges65€4k€2k▼
Non-recurring financial charges66B€11k-
Profit (loss) for the period before taxes9903€-7k€14k▲
Income taxes67/77€117€2k▲
Profit (loss) for the period9904€-7k€12k▲
Profit (loss) for the period to be appropriated9905€-7k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-606▲
Profit (loss) brought forward from the previous period14P€-5k€-12k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · J.S.D. BV ALBRECHT RODEN- BACHSTRAAT 42 Y, 8020 OOSTKAMP · event 19-09-2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 462 days late
04-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 827 days late
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1182 days late
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1521 days late
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
31-12
Financial
Weakest financial yearnet €-28k ▼213%
Net result drops to €-28k, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €25k ▲2439%
Operating result €33k, net result €25k, both a record.
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
08-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LAURENT SAMYN MEXICOSTRAAT 8, 8730 BEERNEM- |
19-09-2024 → present |