J4Ware
ActiveSummary
J4Ware has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €-19k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-80
Solvency100▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 44.89 against 3.44 in 2024; short-term debt: 2.2% and cash: 96% of total assets), and 2.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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 2025Solvency, return and age of the figures
Solvency
97.8%
Return on assets
-36%
Age of the figures
9 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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
126 d early
2023
54 d early
2022
39 d early
2021
62 d early
2020
122 d early
2019
144 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▼ 47.7%
2024 · €100k
2018: €124k
2019: €153k▲ +22.9% vs 2018
2020: €167k▲ +9.4% vs 2019highest in 8 years
2021: €137k▼ -18.1% vs 2020
2022: €130k▼ -4.7% vs 2021
2023: €122k▼ -6.5% vs 2022
2024: €100k▼ -18.1% vs 2023
2025: €52k▼ -47.7% vs 2024lowest in 8 years
2018 → 2025
Total assets
€53k▼ 61.5%
2024 · €139k
2018: €139k
2019: €157k▲ +13.5% vs 2018
2020: €186k▲ +18.4% vs 2019highest in 8 years
2021: €138k▼ -25.7% vs 2020
2022: €132k▼ -4.4% vs 2021
2023: €126k▼ -4.4% vs 2022
2024: €139k▲ +9.8% vs 2023
2025: €53k▼ -61.5% vs 2024lowest in 8 years
2018 → 2025
Net result
€-19k
2024 · €13k
2018: €34k
2019: €28k▼ -16.1% vs 2018
2020: €39k▲ +36.6% vs 2019highest in 8 years
2021: €7k▼ -82.6% vs 2020
2022: €-6k▼ -195% vs 2021
2023: €7k▲ +209% vs 2022
2024: €13k▲ +81.4% vs 2023
2025: €-19k▼ -252% vs 2024lowest in 8 years
2018 → 2025
Working capital
€52k▼ 45.2%
2024 · €95k
2018: €119k
2019: €150k▲ +25.5% vs 2018highest in 8 years
2020: €141k▼ -5.8% vs 2019
2021: €103k▼ -27.2% vs 2020
2022: €107k▲ +4.0% vs 2021
2023: €108k▲ +1.0% vs 2022
2024: €95k▼ -11.5% vs 2023
2025: €52k▼ -45.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€130k▼ 4.7%€122k▼ 6.5%€100k▼ 18.1%€52k▼ 47.7%
2021: €137khighest in 5 years
2022: €130k▼ -4.7% vs 2021
2023: €122k▼ -6.5% vs 2022
2024: €100k▼ -18.1% vs 2023
2025: €52k▼ -47.7% vs 2024lowest in 5 years
Operating result€9k-€-6k€7k€18k▲ 148%€-19k
2021: €9k
2022: €-6k▼ -165% vs 2021
2023: €7k▲ +221% vs 2022
2024: €18k▲ +148% vs 2023highest in 5 years
2025: €-19k▼ -206% vs 2024lowest in 5 years
Net result€7k-€-6k€7k€13k▲ 81.4%€-19k
2021: €7k
2022: €-6k▼ -195% vs 2021
2023: €7k▲ +209% vs 2022
2024: €13k▲ +81.4% vs 2023highest in 5 years
2025: €-19k▼ -252% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19k after €18k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €53k
Equity
€52k ▼ 47.7%
Debt
€1k ▼ 97.0%
Debt's share of the balance-sheet total falls from 28.1% to 2.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2024 · €28k
Cash flow
€-15k▼
2024 · €22k
Current ratio
44.89▲
2024 · 3.44
Debt to equity
0.02▼
2024 · 0.39
ROE
-36.8%▼
2024 · 12.7%
ROA
-36.0%▼
2024 · 9.1%
Interest coverage
-76.38▼
2024 · 161.98
Debt ≤ 1 year
€1k▼
2024 · €39k
Income taxes
€134▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€139k€53k▼
Fixed assets21/28€5k€0▼
Tangible fixed assets22/27€5k€0▼
Furniture and vehicles24€5k€0▼
Current assets29/58€134k€53k▼
Amounts receivable within one year40/41€0€1k▲
Trade receivables40€0€310▲
Other amounts receivable41€0€882▲
Cash at bank and in hand54/58€133k€51k▼
Deferred charges and accrued income490/1€889€929▲
Equity and liabilities
Total equity and liabilities10/49€139k€53k▼
Equity10/15€100k€52k▼
Contributions10/11€12k€12k=
Reserves13€87k€55k▼
Distributable reserves133€87k€55k▼
Profit (loss) carried forward14€0€-16k▼
Amounts payable17/49€39k€1k▼
Amounts payable within one year42/48€39k€1k▼
Trade debts44€196€1k▲
Suppliers440/4€196€1k▲
Taxes, remuneration and social security45€5k€0▼
Taxes450/3€5k€0▼
Other amounts payable47/48€34k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€5k▼
Other operating charges640/8€721€618▼
Gross operating margin9900€29k€-14k▼
Operating profit (loss)9901€18k€-19k▼
Financial income75/76B€576€599▲
Recurring financial income75€576€599▲
Financial charges65/66B€174€195▲
Recurring financial charges65€174€195▲
Profit (loss) for the period before taxes9903€19k€-19k▼
Income taxes67/77€6k€134▼
Profit (loss) for the period9904€13k€-19k▼
Profit (loss) for the period to be appropriated9905€13k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-19k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€35k€32k▼
Transfer to equity691/2€13k€0▼
To other reserves6921€13k€0▼
Profit to be distributed694/7€35k€28k▼
Return on contributions (dividend)694€35k€28k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €10k | €10k | €10k | €5k | ▼ 52.6% |
| Other operating charges640/8 | €228 | €589 | €708 | €721 | €618 | ▼ 14.3% |
| Gross operating margin9900 | €15k | €5k | €18k | €29k | €-14k | ▼ 149% |
| Operating profit (loss)9901 | €9k | €-6k | €7k | €18k | €-19k | ▼ 206% |
| Financial income75/76B | €73 | €0 | €197 | €576 | €599 | ▲ 4.0% |
| Recurring financial income75 | €73 | €0 | €197 | €576 | €599 | ▲ 4.0% |
| Financial charges65/66B | €130 | €140 | €139 | €174 | €195 | ▲ 12.2% |
| Recurring financial charges65 | €130 | €140 | €139 | €174 | €195 | ▲ 12.2% |
| Profit (loss) for the period before taxes9903 | €9k | €-6k | €7k | €19k | €-19k | ▼ 201% |
| Income taxes67/77 | €3k | €140 | €496 | €6k | €134 | ▼ 97.8% |
| Profit (loss) for the period9904 | €7k | €-6k | €7k | €13k | €-19k | ▼ 252% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-6k | €7k | €13k | €-19k | ▼ 252% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138k | €132k | €126k | €139k | €53k | ▼ 61.5% |
| Fixed assets21/28 | €34k | €24k | €14k | €5k | €0 | ▼ 100% |
| Intangible fixed assets21 | €659 | €59 | €0 | - | - | - |
| Tangible fixed assets22/27 | €34k | €24k | €14k | €5k | €0 | ▼ 100% |
| Furniture and vehicles24 | €34k | €24k | €14k | €5k | €0 | ▼ 100% |
| Current assets29/58 | €104k | €108k | €112k | €134k | €53k | ▼ 60.2% |
| Amounts receivable within one year40/41 | €5k | €20k | €17k | €0 | €1k | - |
| Trade receivables40 | €0 | €9k | €15k | €0 | €310 | - |
| Other amounts receivable41 | €5k | €11k | €2k | €0 | €882 | - |
| Cash at bank and in hand54/58 | €89k | €86k | €92k | €133k | €51k | ▼ 61.6% |
| Deferred charges and accrued income490/1 | €10k | €3k | €3k | €889 | €929 | ▲ 4.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138k | €132k | €126k | €139k | €53k | ▼ 61.5% |
| Equity10/15 | €137k | €130k | €122k | €100k | €52k | ▼ 47.7% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €124k | €124k | €110k | €87k | €55k | ▼ 36.7% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €123k | €123k | €110k | €87k | €55k | ▼ 36.7% |
| Profit (loss) carried forward14 | €0 | €-6k | €0 | €0 | €-16k | - |
| Amounts payable17/49 | €2k | €2k | €5k | €39k | €1k | ▼ 97.0% |
| Amounts payable within one year42/48 | €2k | €2k | €5k | €39k | €1k | ▼ 97.0% |
| Trade debts44 | €175 | €535 | €353 | €196 | €1k | ▲ 507% |
| Suppliers440/4 | €175 | €535 | €353 | €196 | €1k | ▲ 507% |
| Taxes, remuneration and social security45 | €1k | €1k | €4k | €5k | €0 | ▼ 100% |
| Taxes450/3 | €1k | €1k | €4k | €5k | €0 | ▼ 100% |
| Other amounts payable47/48 | €0 | - | - | €34k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €12 | €162 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-6k | €7k | €13k | €-19k | ▼ 252% |
| + Depreciation and write-downs630 | €6k | €10k | €10k | €10k | €5k | ▼ 52.6% |
| Operating cash flow (approximation) | €12k | €4k | €17k | €22k | €-15k | ▼ 165% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-3k | €7k | €41k | €-82k | ▼ 299% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series.
31-12
Financial
Liquidity times 13current ratio 44.89
Current ratio from 3.44 to 44.89; short-term debt falls from €39k to €1k.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 8current ratio 68.01
Current ratio from 8.40 to 68.01; short-term debt falls from €19k to €2k.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €39k ▲36.6%
Operating result €55k, net result €39k, both a record.
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity quadruplescurrent ratio 33.79
Current ratio from 9.36 to 33.79; short-term debt falls from €14k to €5k.
31-12
Financial
Equity above €150kEq €153k ▲22.9%
2 profitable years in a row build equity to €153k.
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-05
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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Directors · office · real estate
Directors
3 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
Registered office, Brugge · 1 establishment unit since 2013
Ground area
179 m²
Building footprint
83 m²
Volume, LiDAR
626 m³
Parcel 31002A0215/00F007, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
J4Ware
since 20132.216.954.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002A0215/00F007 | Flanders | 179 m² | 1 · 83 m² | 10.9 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500DR9721AXM39T30
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,814 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
Founded13-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47120Other non-specialised retail sale
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
71209Other technical testing and analysis
85599Other education
Contact
E-mail
gwijde@j4ware.com
Phone
0032497434011
Scores and ratios are computed by Checked and are not a credit decision.