JAAD
Open bankruptcyA bankruptcy procedure is open for JAAD according to publications in the Belgian State Gazette; curator: VALèRE VEREECKE.
Summary
The 2017 annual accounts show negative equity (-€9,746) and a net result of -€2,085.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 24 January 2019
- Supervising judge
- Dirk Van Doorslaer
- Official Gazette
- 19-04-2019 (pdf) ↗search the document for 2019/120072
Deadlines
- Provisional date payments stopped
- 24 January 2019A later judgment can change the date.art. XX.105 CEL
- File the claim in RegSol until
- passed on 23 February 2019art. XX.104 and XX.155 CEL
- First verification report
- passed on 22 March 2019Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Appeal or third-party opposition until
- passed on 4 May 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- passed on 24 January 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- VALèRE VereeckeKielsevest 2-4, 2018 Antwerpen 1v.vereecke@clvd.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2017 was due by 31-10-2017 and was filed on 27-09-2017, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, micro schema
Equity
-€9,746▼ 27.2%
2016 · -€7,661
Total assets
€90,529▼ 2.3%
2016 · €92,629
Net result
-€2,085▲ 79.1%
2016 · -€9,996
Working capital
-€23,788▼ 77.3%
2016 · -€13,416
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result€9,373--€3,487-€15,218▼ 336%-€3,427▲ 77.5%€6,751
Net result€8,225--€2,663-€15,627▼ 487%-€9,996▲ 36.0%-€2,085▲ 79.1%
Equity€20,625-€17,962▼ 12.9%€2,335▼ 87.0%-€7,661-€9,746▼ 27.2%
Total assets€77,365-€76,956▼ 0.5%€85,061▲ 10.5%€92,629▲ 8.9%€90,529▼ 2.3%
Debt€56,740-€58,994▲ 4.0%€82,726▲ 40.2%€100,290▲ 21.2%€100,276=
Working capital-€13,566--€9,643▲ 28.9%-€18,109▼ 87.8%-€13,416▲ 25.9%-€23,788▼ 77.3%
Staff (FTE)0.6-0.6=1.4▲ 133%1▼ 28.6%0.6▼ 40.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2017: €6,751 after a loss of €3,427 in 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €90,529
Fixed assets
€16,142 ▼ 2.9%
Current assets
€74,388 ▼ 2.1%
Key figures and ratios
EBITDA
€15,742▲
2016 · €4,684
Cash flow
€6,905▲
2016 · -€1,885
Solvency
-10.8%▼
2016 · -8.3%
Current ratio
0.76▼
2016 · 0.85
Quick ratio
0.64▼
2016 · 0.77
ROA
-2.3%▲
2016 · -10.8%
Debt ≤ 1 year
€98,176▲
2016 · €89,423
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,390 | €7,411 | €8,361 | €8,111 | €8,991 | ▲ 10.8% |
| Gross operating margin9900 | €39,702 | €23,808 | €31,756 | €43,818 | €46,561 | ▲ 6.3% |
| Operating profit (loss)9901 | €9,373 | -€3,487 | -€15,218 | -€3,427 | €6,751 | ▲ 297% |
| Recurring financial income75 | €1,594 | €1,461 | €3,383 | €3,812 | €2,886 | ▼ 24.3% |
| Recurring financial charges65 | €163 | €638 | €3,792 | €10,381 | €11,722 | ▲ 12.9% |
| Profit (loss) for the period before taxes9903 | €10,803 | -€2,663 | -€15,627 | -€9,996 | -€2,085 | ▲ 79.1% |
| Income taxes67/77 | €2,578 | - | - | - | - | - |
| Profit (loss) for the period9904 | €8,225 | -€2,663 | -€15,627 | -€9,996 | -€2,085 | ▲ 79.1% |
| Profit (loss) for the period to be appropriated9905 | €8,225 | -€2,663 | -€15,627 | -€9,996 | -€2,085 | ▲ 79.1% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77,365 | €76,956 | €85,061 | €92,629 | €90,529 | ▼ 2.3% |
| Fixed assets21/28 | €34,191 | €27,605 | €24,244 | €16,622 | €16,142 | ▼ 2.9% |
| Tangible fixed assets22/27 | €28,641 | €22,055 | €18,694 | €10,582 | €7,592 | ▼ 28.3% |
| Financial fixed assets28 | €5,550 | €5,550 | €5,550 | €6,040 | €8,550 | ▲ 41.6% |
| Current assets29/58 | €43,174 | €49,351 | €60,818 | €76,007 | €74,388 | ▼ 2.1% |
| Stocks and contracts in progress3 | €3,528 | €3,528 | €5,000 | €7,225 | €11,737 | ▲ 62.4% |
| Amounts receivable within one year40/41 | €35,238 | €38,162 | €47,385 | €43,956 | €29,467 | ▼ 33.0% |
| Cash at bank and in hand54/58 | €4,001 | €7,343 | €7,644 | €24,826 | €32,637 | ▲ 31.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77,365 | €76,956 | €85,061 | €92,629 | €90,529 | ▼ 2.3% |
| Equity10/15 | €20,625 | €17,962 | €2,335 | -€7,661 | -€9,746 | ▼ 27.2% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €8,225 | €5,562 | €5,562 | €5,562 | €5,562 | = |
| Profit (loss) carried forward14 | - | - | -€15,627 | -€25,623 | -€27,708 | ▼ 8.1% |
| Amounts payable17/49 | €56,740 | €58,994 | €82,726 | €100,290 | €100,276 | = |
| Amounts payable within one year42/48 | €56,740 | €58,994 | €78,926 | €89,423 | €98,176 | ▲ 9.8% |
| Trade debts44 | €51,857 | €48,202 | €61,927 | €69,060 | €68,057 | ▼ 1.5% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,225 | -€2,663 | -€15,627 | -€9,996 | -€2,085 | ▲ 79.1% |
| + Depreciation and write-downs630 | €9,390 | €7,411 | €8,361 | €8,111 | €8,991 | ▲ 10.8% |
| Operating cash flow (approximation) | €17,615 | €4,748 | -€7,266 | -€1,885 | €6,905 | ▲ 466% |
| Investment in fixed assets (approximation) | - | -€826 | -€5,000 | -€490 | -€8,510 | ▼ 1,637% |
| Change in cash | - | €3,342 | €301 | €17,182 | €7,811 | ▼ 54.5% |
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
2019
19-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-01-2019
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€15,627
Net result drops to -€15,627, the lowest in the series.
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
30-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Brussel · 1 establishment unit since 2012
Ground area
100 m²
Building footprint
99 m²
Volume, LiDAR
2,129 m³
Parcel 21803C0244/00A002, Brussels · tallest building 23.6 m, ±8 floors. Linked by address, not a title deed.
262
companies at this address
See who is registered here
1 establishment unit
Jaad
since 20122.209.045.831
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0244/00A002 | Brussels | 100 m² | 1 · 99 m² | 23.6 m · 8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VALèRE VEREECKE KIELSEVEST 2-4,
2018 ANTWERPEN 1 |
24-01-2019 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-02-2012
Fiscal year end31-03
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.