J-Square Development
Annual accounts 2025
micro format, filed on 30-01-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €39,000. Estimated: probably between €21,000 and €99,000.
Balance sheet
balance sheet total €603,897 on 30-06-2025in euro
in euro
Position in the sector
13.2%
Higher than 34% of 19,803 companies in 2025.
7.40
Higher than 89% of 18,977 companies in 2025.
0.7%
Higher than 45% of 19,446 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
603,897 | 562,846 | 265,317 | 279,221 | 97,082 | |
21/28 |
133 | 746 | 1,358 | - | - | |
22/27 |
133 | 746 | 1,358 | - | - | |
23 |
133 | 746 | 1,358 | - | - | |
29/58 |
603,764 | 562,100 | 263,959 | 279,221 | 97,082 | |
3 |
595,025 | 548,264 | 235,290 | 235,332 | 79,275 | |
30/36 |
595,025 | 548,264 | 235,290 | 235,332 | 79,275 | |
40/41 |
8,627 | 5,399 | 640 | 137 | 137 | |
40 |
5,921 | 600 | - | - | - | |
41 |
2,706 | 4,800 | 640 | 137 | 137 | |
54/58 |
112 | 8,437 | 28,029 | 43,752 | 17,671 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
603,897 | 562,846 | 265,317 | 279,221 | 97,082 | |
10/15 |
79,725 | 75,512 | 48,646 | 31,339 | 36,812 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
76,725 | 72,512 | 45,646 | - | - | |
133 |
76,725 | 72,512 | 45,646 | - | - | |
14 |
- | - | - | 28,339 | 33,812 | |
17/49 |
524,172 | 487,334 | 216,671 | 247,882 | 60,270 | |
17 |
442,610 | 442,610 | 187,656 | 213,040 | 25,000 | |
170/4 |
442,610 | 442,610 | 187,656 | 213,040 | 25,000 | |
42/48 |
81,561 | 44,724 | 29,015 | 34,842 | 35,270 | |
44 |
3,433 | 10,308 | 13,022 | 2,760 | 265 | |
440/4 |
3,433 | 10,308 | 13,022 | 2,760 | 265 | |
45 |
3,087 | 1,321 | 4,486 | - | 8,638 | |
450/3 |
3,087 | 1,321 | 4,486 | - | 8,638 | |
47/48 |
75,041 | 33,094 | 11,506 | 32,083 | 26,368 | |
| Income statement | ||||||
9900 |
10,224 | 37,781 | 22,590 | -714 | 44,951 | |
630 |
613 | 613 | 499 | - | - | |
640/8 |
1,165 | 2,217 | 575 | 682 | 348 | |
9901 |
8,446 | 34,951 | 21,516 | -1,396 | 44,604 | |
75/76B |
0 | - | 303 | - | - | |
75 |
0 | - | 303 | - | - | |
65/66B |
1,454 | 1,032 | 1,403 | 4,003 | 2,317 | |
65 |
1,454 | 1,032 | 1,403 | 4,003 | 2,317 | |
9903 |
6,992 | 33,919 | 20,416 | -5,400 | 42,286 | |
67/77 |
2,779 | 7,053 | 3,109 | 74 | 8,475 | |
9904 |
4,213 | 26,866 | 17,307 | -5,473 | 33,812 | |
9905 |
4,213 | 26,866 | 17,307 | -5,473 | 33,812 | |
| Appropriation of the result | ||||||
9906 |
4,213 | 26,866 | 45,646 | 28,339 | 33,812 | |
14P |
- | - | 28,339 | 33,812 | - | |
691/2 |
4,213 | 26,866 | 45,646 | - | - | |
6921 |
4,213 | 26,866 | 45,646 | - | - | |
| Social balance sheet | ||||||
Hours worked1013 |
0 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00020975 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00021561 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00016178 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00012212 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02700479 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 9,059 | 35,564 | 22,014 | - | - | ||
| 4,826 | 27,479 | 17,806 | - | - | ||
| 0 | 0 | 1,857 | - | - | ||
| -8,325 | -19,592 | -15,723 | 26,081 | - | ||
| 522,203 | 517,377 | 234,943 | 244,379 | 61,812 | ||
| 13.2% | 13.4% | 18.3% | 11.2% | 37.9% | ||
| 7.40 | 12.57 | 9.10 | 8.01 | 2.75 | ||
| 0.11 | 0.31 | 0.99 | 1.26 | 0.50 | ||
| 6.57 | 6.45 | 4.45 | 7.91 | 1.64 | ||
| 5.3% | 35.6% | 35.6% | -17.5% | 91.9% | ||
| 0.7% | 4.8% | 6.5% | -2.0% | 34.8% | ||
| 6.23 | 34.46 | 15.70 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-06-2025 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,857 | - |
| €613 | €613 | €499 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on J-Square Development
The operating result for 2025 is 76% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 86.6% to 86.8%. Equity and debt are higher.