Checked.be
Active
BE 0471.595.390Private limited company
J-WIRE
Magerstraat(HEU) 59 ·9070 Destelbergen, Belgium· 26 yrs active
Sector: Computer programming
(62100)
Conclusion
J-WIRE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €441k and a net result of €26k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 82% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €441k |
| Net result | €26k |
| Better than sector | 82% |
| Active | 26 yrs |
Financial profile
78
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
83
Profitability
29
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2000, 26 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
83
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€35k
estimate, not credit advice
Score history
86
2021
86
2022
86
2023
94
2024
83
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 5.05 (≥ 1.5)
+10
Quick ratio
Quick ratio 5.05 (≥ 1.0)
+5
Leverage
Debt/equity 0.17 (< 1.0)
+10
Profitability
ROE 6%
+3
Interest coverage
Interest coverage 494.7× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 06-07-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Net result: stable across 5 fiscal years (±1.4%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 85.8% | 60.0% | |
| Net result | €26k | €29k | |
| Equity | €441k | €72k | |
| Gross operating margin | €46k | €55k | |
| Total assets | €514k | €141k |
€45k
-2.1%
21-25
€26k
-0.9%
21-25
€36k
-0.5%
21-25
€514k
+0.2%
21-25
€441k
-8.3%
21-25
€294k
-9.6%
21-25
€11k
-1.9%
21-25
€66k
+392.6%
21-25
€73k
+129.6%
21-25
€73k
+131.3%
21-25
€0
-100.0%
21-25
5.05
-55.6%
21-25
5.05
-55.6%
21-25
85.8%
-8.5%
21-25
0.17
+150.5%
21-25
5.8%
+8.1%
21-25
5.0%
-1.1%
21-25
494.75
+126.8%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €45k | €46k | €40k | €44k | €42k |
| Net profit | €26k | €26k | €20k | €24k | €24k |
| Cash flow | €36k | €36k | €32k | €35k | €31k |
| Staff costs | - | - | - | - | - |
| Income taxes | €11k | €12k | €10k | €10k | €10k |
| Dividends | €66k | €13k | €13k | €2k | €2k |
| Total assets | €514k | €513k | €505k | €499k | €449k |
| Equity | €441k | €482k | €469k | €462k | €439k |
| Debt | €73k | €32k | €36k | €37k | €10k |
| of which ≤ 1y | €73k | €31k | €31k | €21k | €10k |
| of which > 1y | - | €0 | €5k | €16k | - |
| Working capital | €294k | €326k | €311k | €305k | €289k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 5.05 | 11.36 | 11.07 | 15.46 | 30.49 |
| Quick ratio | 5.05 | 11.36 | 11.07 | 15.46 | 30.49 |
| Working capital ratio | 57.2% | 63.5% | 61.5% | 61.1% | 64.3% |
| Solvency | 85.8% | 93.8% | 92.8% | 92.6% | 97.8% |
| Debt / equity | 0.17 | 0.07 | 0.08 | 0.08 | 0.02 |
| Long-term debt ratio | - | 0.00 | 0.01 | 0.03 | - |
| Interest coverage | 494.75 | 218.16 | 189.37 | 394.14 | 861.05 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 5.0% | 5.0% | 4.1% | 4.8% | 5.4% |
| ROE | 5.8% | 5.3% | 4.4% | 5.2% | 5.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €514k | €513k | €505k | €499k | €449k |
| Fixed assets | 21/28 | €147k | €156k | €164k | €173k | €151k |
| Tangible fixed assets | 22/27 | €147k | €156k | €163k | €173k | €150k |
| Financial fixed assets | 28 | €43 | €323 | €442 | €323 | €323 |
| Current assets | 29/58 | €367k | €357k | €342k | €326k | €299k |
| Amounts receivable within one year | 40/41 | €27k | €27k | €11k | €24k | €12k |
| Investments | 50/53 | - | €0 | €325k | €297k | €282k |
| Cash & bank | 54/58 | €338k | €328k | €3k | €4k | €3k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €514k | €513k | €505k | €499k | €449k |
| Equity | 10/15 | €441k | €482k | €469k | €462k | €439k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €435k | €475k | €463k | €456k | €433k |
| Accumulated profits (losses) | 14 | €0 | €0 | €0 | €0 | €0 |
| Amounts payable | 17/49 | €73k | €32k | €36k | €37k | €10k |
| Amounts payable after one year | 17 | - | €0 | €5k | €16k | - |
| Amounts payable within one year | 42/48 | €73k | €31k | €31k | €21k | €10k |
| Trade debts payable within one year | 44 | €2k | €2k | €2k | €2k | €1k |
| Income statement | ||||||
| Gross operating margin | 9900 | €46k | €47k | €41k | €46k | €43k |
| Operating result | 9901 | €34k | €35k | €29k | €34k | €35k |
| Financial income | 75 | €3k | €2k | €2k | €302 | €286 |
| Financial charges | 65 | €91 | €211 | €211 | €113 | €48 |
| Result before taxes | 9903 | €37k | €37k | €30k | €34k | €35k |
| Income taxes | 67/77 | €11k | €12k | €10k | €10k | €10k |
| Net result for the period | 9904 | €26k | €26k | €20k | €24k | €24k |
| Result to be appropriated | 9905 | €26k | €26k | €20k | €24k | €24k |
Legal Structure
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 04-04-2000 |
| Status | Active |
| Postal code | 9070 |
Establishment units
Breebroekstraat 16, 9030 Gent
since 20002.100.770.966
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0323/00F000 | Flanders | 1,163 m² | 1 · 171 m² | 3.6 m · 1 fl. |
| 44028B0477/00V003 | Flanders | 665 m² | 1 · 119 m² | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €26k ▲25.6%
Operating result €35k, net result €26k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €20k ▼14.9%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Computer programming, consultancy and related activities62010Computer programming6210072220
Names & trade names
| Legal nameNL | J-WIRE |
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