J2L
ActiveSummary
J2L has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31,701 and a net result of €25,182. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Agents in non-specialised wholesale trade
NACE 46190
1 site
How big
€72,120total assets 2024
- Equity
- €31,701
- Profit
- €25,182
Turnover not published (abridged schema)
Who decides
- Holdings
- 1
Accounts 38 d early0 of 3 deeds read
Why 74- Higher-failure-rate sector- Annual accounts: weaker financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+36
Solvency69▲+36
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.74 in 2023; short-term debt: 42.9% and cash: 3.5% of total assets), and 56% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
44%
Return on assets
34.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
30 d early
2023
49 d early
2022
32 d early
2021
48 d early
2020
40 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €25,182
Financials
Fiscal year 2024Total assets €72,120Profit €25,182Solvency 44.0%Liquidity 0.65
Total assets
€72,120▼ 14.9%
2018 - 2024
Net result
€25,182
2018 - 2024
Equity
€31,701▲ 386%
2018 - 2024
Solvency
44.0%▲ 36.3pp
2018 - 2024
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€15,783▲ 1,443%-€5,112€12,619-€2,779€39,199
Net result€12,649within the sector's middle half▲ 1,194%-€5,243below the sector's middle half€4,137within the sector's middle half-€3,484within the sector's middle half€25,182within the sector's middle half
Equity€11,109within the sector's middle half€5,866below the sector's middle half▼ 47.2%€10,003within the sector's middle half▲ 70.5%€6,519within the sector's middle half▼ 34.8%€31,701within the sector's middle half▲ 386%
Total assets€50,168below the sector's middle half▲ 91.3%€51,486below the sector's middle half▲ 2.6%€76,633within the sector's middle half▲ 48.8%€84,796within the sector's middle half▲ 10.7%€72,120within the sector's middle half▼ 14.9%
Debt€39,059▲ 40.7%€45,620▲ 16.8%€66,630▲ 46.1%€78,278▲ 17.5%€40,420▼ 48.4%
Working capital-€24,832below the sector's middle half▲ 6.7%-€35,553below the sector's middle half▼ 43.2%-€53,061below the sector's middle half▼ 49.2%-€7,066within the sector's middle half▲ 86.7%-€10,773below the sector's middle half▼ 52.5%
Solvency22.1%within the sector's middle half▲ 28.0pp11.4%within the sector's middle half▼ 10.8pp13.1%within the sector's middle half▲ 1.7pp7.7%within the sector's middle half▼ 5.4pp44.0%within the sector's middle half▲ 36.3pp
Current ratio0.36below the sector's middle half▲ 0.320.22below the sector's middle half▼ 0.140.20below the sector's middle half▼ 0.020.74below the sector's middle half▲ 0.530.65below the sector's middle half▼ 0.08
Return on assets (ROA)25.2%above the sector's middle half▲ 21.5pp-10.2%below the sector's middle half▼ 35.4pp5.4%within the sector's middle half▲ 15.6pp-4.1%below the sector's middle half▼ 9.5pp34.9%above the sector's middle half▲ 39.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €39,199 after a loss of €2,779 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72,120
Fixed assets
€51,924 ▼ 20.2%
Current assets
€20,197 ▲ 2.5%
Equity and liabilities €72,120
Equity
€31,701 ▲ 386%
Debt
€40,420 ▼ 48.4%
Debt's share of the balance-sheet total falls from 92.3% to 56.0%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€54,001▲
2023 · €12,139
Cash flow
€39,983▲
2023 · €11,434
Debt to equity
1.28▼
2023 · 12.01
ROE
79.4%▲
2023 · -53.4%
Interest coverage
206.65▲
2023 · 42.73
Debt ≤ 1 year
€30,970▲
2023 · €26,778
Debt > 1 year
€9,450▼
2023 · €51,500
Income taxes
€13,756▲
2023 · €421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,696 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,681 | €4,937 | €5,954 | €14,918 | €14,801 | ▼ 0.8% |
| Other operating charges640/8 | - | €2,563 | €460 | €1,787 | €754 | ▼ 57.8% |
| Gross operating margin9900 | €17,920 | €2,388 | €19,032 | €13,927 | €54,754 | ▲ 293% |
| Operating profit (loss)9901 | €15,783 | -€5,112 | €12,619 | -€2,779 | €39,199 | ▲ 1,511% |
| Financial income75/76B | - | €0 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €0 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €132 | €6,572 | €284 | €261 | ▼ 8.0% |
| Recurring financial charges65 | €91 | €132 | €72 | €284 | €261 | ▼ 8.0% |
| Non-recurring financial charges66B | - | - | €6,500 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €15,691 | -€5,243 | €6,047 | -€3,063 | €38,938 | ▲ 1,371% |
| Income taxes67/77 | €3,042 | - | €1,910 | €421 | €13,756 | ▲ 3,166% |
| Profit (loss) for the period9904 | €12,649 | -€5,243 | €4,137 | -€3,484 | €25,182 | ▲ 823% |
| Profit (loss) for the period to be appropriated9905 | €12,649 | -€5,243 | €4,137 | -€3,484 | €25,182 | ▲ 823% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50,168 | €51,486 | €76,633 | €84,796 | €72,120 | ▼ 14.9% |
| Fixed assets21/28 | €35,941 | €41,419 | €63,064 | €65,085 | €51,924 | ▼ 20.2% |
| Tangible fixed assets22/27 | €15,941 | €21,419 | €49,564 | €51,585 | €36,784 | ▼ 28.7% |
| Plant, machinery and equipment23 | - | €20,736 | €15,021 | €9,306 | €4,858 | ▼ 47.8% |
| Furniture and vehicles24 | - | €683 | €34,543 | €42,279 | €31,926 | ▼ 24.5% |
| Financial fixed assets28 | €20,000 | €20,000 | €13,500 | €13,500 | €15,140 | ▲ 12.1% |
| Current assets29/58 | €14,227 | €10,067 | €13,569 | €19,711 | €20,197 | ▲ 2.5% |
| Amounts receivable within one year40/41 | €11,092 | - | €12,763 | €17,100 | €17,197 | ▲ 0.6% |
| Trade receivables40 | - | - | €12,500 | €17,100 | €15,503 | ▼ 9.3% |
| Other amounts receivable41 | - | - | €263 | €0 | €1,694 | - |
| Cash at bank and in hand54/58 | €3,135 | €10,067 | €386 | €2,170 | €2,536 | ▲ 16.9% |
| Deferred charges and accrued income490/1 | - | - | €420 | €442 | €464 | ▲ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50,168 | €51,486 | €76,633 | €84,796 | €72,120 | ▼ 14.9% |
| Equity10/15 | €11,109 | €5,866 | €10,003 | €6,519 | €31,701 | ▲ 386% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €4,909 | €4,909 | €4,909 | €4,909 | €25,501 | ▲ 419% |
| Distributable reserves133 | - | €4,909 | €4,909 | €4,909 | €25,501 | ▲ 419% |
| Profit (loss) carried forward14 | -€8,717 | -€5,243 | -€1,106 | -€4,590 | €0 | ▲ 100% |
| Amounts payable17/49 | €39,059 | €45,620 | €66,630 | €78,278 | €40,420 | ▼ 48.4% |
| Amounts payable after more than one year17 | - | - | - | €51,500 | €9,450 | ▼ 81.7% |
| Financial debts170/4 | - | - | - | €51,500 | €9,450 | ▼ 81.7% |
| Amounts payable within one year42/48 | €39,059 | €45,620 | €66,630 | €26,778 | €30,970 | ▲ 15.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €12,000 | - |
| Trade debts44 | €2,977 | €6,005 | €34,644 | €2,429 | €2,472 | ▲ 1.8% |
| Suppliers440/4 | - | €6,005 | €34,644 | €2,429 | €2,472 | ▲ 1.8% |
| Advances received on contracts in progress46 | - | €1,815 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €3,001 | €1,910 | €4,008 | €1,756 | ▼ 56.2% |
| Taxes450/3 | - | €3,001 | €1,910 | €4,008 | €1,756 | ▼ 56.2% |
| Other amounts payable47/48 | - | €34,799 | €30,076 | €20,340 | €14,742 | ▼ 27.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,649 | -€5,243 | €4,137 | -€3,484 | €25,182 | ▲ 823% |
| + Depreciation and write-downs630 | €1,681 | €4,937 | €5,954 | €14,918 | €14,801 | ▼ 0.8% |
| Operating cash flow (approximation) | €14,330 | -€306 | €10,091 | €11,434 | €39,983 | ▲ 250% |
| Investment in fixed assets (approximation) | - | -€10,415 | -€27,599 | -€16,939 | -€1,640 | ▲ 90.3% |
| Change in cash | - | €6,932 | -€9,681 | €1,784 | €367 | ▼ 79.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
EcoPresent Company
BE 0734.611.781
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V.D-TECH
BE 0899.535.735
Mons · Eq €31,770
INFINITY WIN
BE 0672.569.294
Houyet · Eq €31,631
CET CONSULT
BE 0668.583.584
Braine-l'Alleud · Eq €31,799
MH Investments
BE 0778.626.819
Maldegem · Eq €31,491
Of 6,138 companies in this sector we hold annual accounts for 2,575. 1,796 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
20%
According to the 2022 annual accounts of J2L and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 3 Gazette acts processed.
Timeline
14 eventsLatest 23-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €25,182
Net result €25,182 after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4,137
Net result €4,137 after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€5,243
Net result drops to -€5,243, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €977
Net result €977 after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 28-11-2012Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded28-11-2012
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0501621246
Also
9925:BE0501621246
Registered
01-04-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2012
Ground area
806 m²
Building footprint
122 m²
Volume, LiDAR
646 m³
Parcel 34014B1345/00R000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J2L
since 2012unit no. 2.214.465.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34014B1345/00R000 | Flanders | 806 m² | 1 · 122 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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