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J-TEAM

Active
Private limited companyfounded 20223 yrs activeBedrijvenlaan 9, 9080 Lochristi, BelgiumKBO/BCE: BE 0794.691.702
Summary

The computed 12-month bankruptcy probability of J-TEAM is 1.7% (moderate). The 2024 annual accounts show equity of €86,249 and a net result of €16,197. Its solvency ranks better than 44% of 3542 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability76▼-24
Solvency57▼-8
Growth52
Track record94
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.22 in 2023; short-term debt: 66.4% and cash: 18.6% of total assets), and 68.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
31.9%
Return on assets
6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 4 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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

History

J-TEAM was incorporated on 13 December 2022 as a Private limited company.1 The registered office was moved to Lochristi in 2026.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-09-2026
  3. 3National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€86,249▲ 23.1%
2023 · €70,052
Total assets
€270,458▲ 54.0%
2023 · €175,636
Net result
€16,197▼ 75.1%
2023 · €65,052
Working capital
€24,930▲ 18.4%
2023 · €21,048
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€82,640-€22,521▼ 72.7%
Net result€65,052above the sector's middle half-€16,197within the sector's middle half▼ 75.1%
Equity€70,052within the sector's middle half-€86,249within the sector's middle half▲ 23.1%
Total assets€175,636within the sector's middle half-€270,458within the sector's middle half▲ 54.0%
Debt€105,584-€184,210▲ 74.5%
Working capital€21,048within the sector's middle half-€24,930within the sector's middle half▲ 18.4%
Solvency39.9%within the sector's middle half-31.9%within the sector's middle half▼ 8.0pp
Current ratio1.22within the sector's middle half-1.14within the sector's middle half▼ 0.08
Return on assets (ROA)37.0%above the sector's middle half-6.0%within the sector's middle half▼ 31.0pp
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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 per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2023: €82,640€82,640Net result 2023: €65,052€65,052Operating result 2024: €22,521€22,521Net result 2024: €16,197€16,19720232024€0€25,000€50,000€75,000Operating result 2023: €82,640€82,600Net result 2023: €65,052€65,100Operating result 2024: €22,521€22,500Net result 2024: €16,197€16,20020232024
The operating result falls in 2024; 2024 is 73% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €270,458
Fixed assets €66,071 ▲ 15.4%
Current assets €204,387 ▲ 72.7%
Equity and liabilities €270,458
Equity €86,249 ▲ 23.1%
Debt €184,210 ▲ 74.5%
Debt's share of the balance-sheet total rises from 60.1% to 68.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€43,079▼
2023 · €91,519
Cash flow
€36,754▼
2023 · €73,931
Debt to equity
2.14▲
2023 · 1.51
ROE
18.8%▼
2023 · 92.9%
Interest coverage
18.45▼
2023 · 53.82
Debt ≤ 1 year
€179,457▲
2023 · €97,330
Debt > 1 year
€3,148▼
2023 · €7,397
Income taxes
€4,077▼
2023 · €15,889
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€175,636€270,458▲
Fixed assets21/28€57,258€66,071▲
Tangible fixed assets22/27€57,258€66,071▲
Land and buildings22€2,165€1,665▼
Plant, machinery and equipment23€9,025€13,206▲
Furniture and vehicles24€33,212€41,437▲
Leasing and similar rights25€12,856€9,764▼
Current assets29/58€118,378€204,387▲
Amounts receivable within one year40/41€56,577€151,954▲
Trade receivables40€56,577€151,947▲
Other amounts receivable41-€7
Cash at bank and in hand54/58€60,117€50,214▼
Deferred charges and accrued income490/1€1,683€2,219▲
Equity and liabilities
Total equity and liabilities10/49€175,636€270,458▲
Equity10/15€70,052€86,249▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€65,052€81,249▲
Amounts payable17/49€105,584€184,210▲
Amounts payable after more than one year17€7,397€3,148▼
Financial debts170/4€7,397€3,148▼
Amounts payable within one year42/48€97,330€179,457▲
Current portion of amounts payable after more than one year42€4,221€4,249▲
Trade debts44€41,185€42,578▲
Suppliers440/4€41,185€42,578▲
Advances received on contracts in progress46-€113,341
Taxes, remuneration and social security45€27,475€3,721▼
Taxes450/3€27,475€3,721▼
Other amounts payable47/48€24,449€15,568▼
Accrued charges and deferred income492/3€857€1,605▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,879€20,557▲
Other operating charges640/8€2,697€2,768▲
Gross operating margin9900€94,216€45,847▼
Operating profit (loss)9901€82,640€22,521▼
Financial income75/76B€1€86▲
Recurring financial income75€1€86▲
Financial charges65/66B€1,701€2,334▲
Recurring financial charges65€1,701€2,334▲
Profit (loss) for the period before taxes9903€80,941€20,273▼
Income taxes67/77€15,889€4,077▼
Profit (loss) for the period9904€65,052€16,197▼
Profit (loss) for the period to be appropriated9905€65,052€16,197▼
Appropriation of the result
Profit (loss) to be appropriated9906€65,052€81,249▲
Profit (loss) brought forward from the previous period14P-€65,052

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,879€20,557▲ 132%
Other operating charges640/8€2,697€2,768▲ 2.6%
Gross operating margin9900€94,216€45,847▼ 51.3%
Operating profit (loss)9901€82,640€22,521▼ 72.7%
Financial income75/76B€1€86▲ 12,412%
Recurring financial income75€1€86▲ 12,412%
Financial charges65/66B€1,701€2,334▲ 37.3%
Recurring financial charges65€1,701€2,334▲ 37.3%
Profit (loss) for the period before taxes9903€80,941€20,273▼ 75.0%
Income taxes67/77€15,889€4,077▼ 74.3%
Profit (loss) for the period9904€65,052€16,197▼ 75.1%
Profit (loss) for the period to be appropriated9905€65,052€16,197▼ 75.1%
Line20232024Change
Assets
Total assets20/58€175,636€270,458▲ 54.0%
Fixed assets21/28€57,258€66,071▲ 15.4%
Tangible fixed assets22/27€57,258€66,071▲ 15.4%
Land and buildings22€2,165€1,665▼ 23.1%
Plant, machinery and equipment23€9,025€13,206▲ 46.3%
Furniture and vehicles24€33,212€41,437▲ 24.8%
Leasing and similar rights25€12,856€9,764▼ 24.1%
Current assets29/58€118,378€204,387▲ 72.7%
Amounts receivable within one year40/41€56,577€151,954▲ 169%
Trade receivables40€56,577€151,947▲ 169%
Other amounts receivable41-€7-
Cash at bank and in hand54/58€60,117€50,214▼ 16.5%
Deferred charges and accrued income490/1€1,683€2,219▲ 31.8%
Equity and liabilities
Total equity and liabilities10/49€175,636€270,458▲ 54.0%
Equity10/15€70,052€86,249▲ 23.1%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€65,052€81,249▲ 24.9%
Amounts payable17/49€105,584€184,210▲ 74.5%
Amounts payable after more than one year17€7,397€3,148▼ 57.4%
Financial debts170/4€7,397€3,148▼ 57.4%
Amounts payable within one year42/48€97,330€179,457▲ 84.4%
Current portion of amounts payable after more than one year42€4,221€4,249▲ 0.7%
Trade debts44€41,185€42,578▲ 3.4%
Suppliers440/4€41,185€42,578▲ 3.4%
Advances received on contracts in progress46-€113,341-
Taxes, remuneration and social security45€27,475€3,721▼ 86.5%
Taxes450/3€27,475€3,721▼ 86.5%
Other amounts payable47/48€24,449€15,568▼ 36.3%
Accrued charges and deferred income492/3€857€1,605▲ 87.2%
Line20232024Change
Profit (loss) for the period9904€65,052€16,197▼ 75.1%
+ Depreciation and write-downs630€8,879€20,557▲ 132%
Operating cash flow (approximation)€73,931€36,754▼ 50.3%
Investment in fixed assets (approximation)--€29,370-
Change in cash--€9,903-

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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Timeline · acts, filings and financial milestones

2026
22-09
State Gazette act Registered office
Registered-office move2 facts ▸
  • Registered-office move, Bedrijvenlaan 9, 9080 Lochristi
  • General meeting, 13-01-2026
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
State Gazette actNBB filing
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lochristi · 2 establishment units since 2022
seat establishment All 2 establishment units on the map
Ground area
8,335 m²
Building footprint
1,732 m²
Volume, LiDAR
10,779 m³
3 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
2 establishment units
J-TEAM
Ringstraat 9, 9080 LochristiRepair and maintenance of machinery
since 20222.339.801.336
J-TEAM
Bedrijvenlaan 22, 9080 LochristiRepair and maintenance of machinery
since 20242.362.015.029
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44077B0016/00L000 Flanders 3,446 m² 1 · 1,250 m² 7.5 m · 2 fl.
44034A0208/00D000 Flanders 3,337 m² 1 · 219 m² 5.5 m · 1 fl.
44077B0007/00A000 Flanders 1,551 m² 1 · 263 m² 6.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 1,253 EUR awarded · 851 EUR paid
Year Entries awardedpaid
2025 1 401 EUR563 EUR
2024 1 852 EUR288 EUR
Schemes
2 entries · 1,253 EUR · 851 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 498 companies in sector 95312 we hold annual accounts for 263. 173 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46713Wholesale trade
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0794691702
Also 9925:BE0794691702
Registered 10-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.