JABE DISTRIBUTION
ActiveSummary
JABE DISTRIBUTION has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €757k and a net result of €-224k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 33% of 837 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-4
Solvency47▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.61 in 2024; short-term debt: 25.2% and cash: 4% of total assets), and 78.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-224k
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
21 d early
2023
7 d late
2022
14 d early
2021
8 d late
2020
5 d early
2019
2 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-224k▼ 69.1%
2024 · €-132k
2018: €-51k
2019: €9k▲ +118% vs 2018
2020: €47k▲ +424% vs 2019
2021: €-56k▼ -218% vs 2020
2022: €196k▲ +451% vs 2021highest in 8 years
2023: €-116k▼ -159% vs 2022
2024: €-132k▼ -13.6% vs 2023
2025: €-224k▼ -69.1% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-84k▲ 90.7%
2024 · €-901k
2018: €173khighest in 8 years
2019: €-400k▼ -331% vs 2018
2020: €-511k▼ -27.7% vs 2019
2021: €-622k▼ -21.8% vs 2020
2022: €-1.19M▼ -90.5% vs 2021
2023: €-1.20M▼ -1.4% vs 2022lowest in 8 years
2024: €-901k▲ +25.0% vs 2023
2025: €-84k▲ +90.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.03M-€1.23M▲ 19.0%€1.11M▼ 9.5%€981k▼ 11.9%€757k▼ 22.8%
2021: €1.03M
2022: €1.23M▲ +19.0% vs 2021highest in 5 years
2023: €1.11M▼ -9.5% vs 2022
2024: €981k▼ -11.9% vs 2023
2025: €757k▼ -22.8% vs 2024lowest in 5 years
Operating result€-40k-€284k€-56k€-41k▲ 27.9%€-173k▼ 326%
2021: €-40k
2022: €284k▲ +805% vs 2021highest in 5 years
2023: €-56k▼ -120% vs 2022
2024: €-41k▲ +27.9% vs 2023
2025: €-173k▼ -326% vs 2024lowest in 5 years
Net result€-56k-€196k€-116k€-132k▼ 13.6%€-224k▼ 69.1%
2021: €-56k
2022: €196k▲ +451% vs 2021highest in 5 years
2023: €-116k▼ -159% vs 2022
2024: €-132k▼ -13.6% vs 2023
2025: €-224k▼ -69.1% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €173k in 2025 against €41k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.49M
Fixed assets
€2.70M ▼ 0.6%
Current assets
€795k ▼ 43.6%
Equity and liabilities €3.49M
Equity
€757k ▼ 22.8%
Debt
€2.74M ▼ 12.9%
Debt's share of the balance-sheet total rises from 76.2% to 78.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-150k▼
2024 · €-19k
Cash flow
€-201k▼
2024 · €-111k
Current ratio
0.90▲
2024 · 0.61
Quick ratio
0.16▲
2024 · 0.00
Debt to equity
3.62▲
2024 · 3.20
ROE
-29.6%▼
2024 · -13.5%
ROA
-6.4%▼
2024 · -3.2%
Interest coverage
-2.96▼
2024 · -0.21
Debt ≤ 1 year
€878k▼
2024 · €2.31M
Debt > 1 year
€1.86M▲
2024 · €831k
Income taxes
€394▼
2024 · €2k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.12M€3.49M▼
Fixed assets21/28€2.71M€2.70M▼
Intangible fixed assets21€393k€393k=
Tangible fixed assets22/27€328k€313k▼
Land and buildings22€275k€273k▼
Plant, machinery and equipment23€51k€38k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€1.99M€1.99M=
Current assets29/58€1.41M€795k▼
Stocks and contracts in progress3€1.41M€652k▼
Stocks30/36€1.41M€652k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40-€1k
Other amounts receivable41€3k€748▼
Cash at bank and in hand54/58-€140k
Deferred charges and accrued income490/1€137€377▲
Equity and liabilities
Total equity and liabilities10/49€4.12M€3.49M▼
Equity10/15€981k€757k▼
Contributions10/11€485k€485k=
Capital10€485k€485k=
Issued capital100€485k€485k=
Reserves13€224k€224k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€172k€172k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€272k€48k▼
Amounts payable17/49€3.14M€2.74M▼
Amounts payable after more than one year17€831k€1.86M▲
Financial debts170/4-€842k
Other amounts payable178/9€831k€1.02M▲
Amounts payable within one year42/48€2.31M€878k▼
Current portion of amounts payable after more than one year42€5k-
Financial debts43€1.52M-
Credit institutions430/8€1.52M-
Trade debts44€705€2k▲
Suppliers440/4€705€2k▲
Advances received on contracts in progress46€965-
Taxes, remuneration and social security45€3k€94k▲
Taxes450/3€3k€94k▲
Other amounts payable47/48€784k€783k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€-15k€-147k▼
Operating profit (loss)9901€-41k€-173k▼
Financial charges65/66B€90k€51k▼
Recurring financial charges65€90k€51k▼
Profit (loss) for the period before taxes9903€-131k€-224k▼
Income taxes67/77€2k€394▼
Profit (loss) for the period9904€-132k€-224k▼
Profit (loss) for the period to be appropriated9905€-132k€-224k▼
Appropriation of the result
Profit (loss) to be appropriated9906€272k€48k▼
Profit (loss) brought forward from the previous period14P€404k€272k▼
The notes to these accounts (8 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 | €20k | €20k | €22k | €22k | €23k | ▲ 3.5% |
| Other operating charges640/8 | €8k | €7k | €3k | €3k | €3k | ▼ 14.3% |
| Gross operating margin9900 | €-13k | €312k | €-31k | €-15k | €-147k | ▼ 854% |
| Operating profit (loss)9901 | €-40k | €284k | €-56k | €-41k | €-173k | ▼ 326% |
| Financial charges65/66B | €9k | €32k | €60k | €90k | €51k | ▼ 43.6% |
| Recurring financial charges65 | €9k | €32k | €60k | €90k | €51k | ▼ 43.6% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-50k | €252k | €-116k | €-131k | €-224k | ▼ 71.0% |
| Income taxes67/77 | €6k | €55k | - | €2k | €394 | ▼ 76.6% |
| Profit (loss) for the period9904 | €-56k | €196k | €-116k | €-132k | €-224k | ▼ 69.1% |
| Profit (loss) for the period to be appropriated9905 | €-56k | €196k | €-116k | €-132k | €-224k | ▼ 69.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.59M | €2.91M | €3.89M | €4.12M | €3.49M | ▼ 15.2% |
| Fixed assets21/28 | €2.75M | €2.76M | €2.73M | €2.71M | €2.70M | ▼ 0.6% |
| Intangible fixed assets21 | €393k | €393k | €393k | €393k | €393k | = |
| Tangible fixed assets22/27 | €366k | €370k | €349k | €328k | €313k | ▼ 4.6% |
| Land and buildings22 | €300k | €292k | €283k | €275k | €273k | ▼ 0.6% |
| Plant, machinery and equipment23 | €65k | €76k | €64k | €51k | €38k | ▼ 24.8% |
| Furniture and vehicles24 | - | €2k | €2k | €2k | €1k | ▼ 35.1% |
| Financial fixed assets28 | €1.99M | €1.99M | €1.99M | €1.99M | €1.99M | = |
| Current assets29/58 | €837k | €155k | €1.16M | €1.41M | €795k | ▼ 43.6% |
| Stocks and contracts in progress3 | €761k | €102k | €1.15M | €1.41M | €652k | ▼ 53.6% |
| Stocks30/36 | €761k | €102k | €1.15M | €1.41M | €652k | ▼ 53.6% |
| Amounts receivable within one year40/41 | €15k | €48k | €5k | €3k | €2k | ▼ 27.7% |
| Trade receivables40 | €4k | €48k | - | - | €1k | - |
| Other amounts receivable41 | €12k | - | €5k | €3k | €748 | ▼ 71.9% |
| Cash at bank and in hand54/58 | €58k | - | - | - | €140k | - |
| Deferred charges and accrued income490/1 | €3k | €5k | €132 | €137 | €377 | ▲ 175% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.59M | €2.91M | €3.89M | €4.12M | €3.49M | ▼ 15.2% |
| Equity10/15 | €1.03M | €1.23M | €1.11M | €981k | €757k | ▼ 22.8% |
| Contributions10/11 | €485k | €485k | €485k | €485k | €485k | = |
| Capital10 | €485k | €485k | €485k | €485k | €485k | = |
| Issued capital100 | €485k | €485k | €485k | €485k | €485k | = |
| Reserves13 | €224k | €224k | €224k | €224k | €224k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €172k | €172k | €172k | €172k | €172k | = |
| Distributable reserves133 | €50k | €50k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €325k | €521k | €404k | €272k | €48k | ▼ 82.4% |
| Amounts payable17/49 | €2.55M | €1.68M | €2.78M | €3.14M | €2.74M | ▼ 12.9% |
| Amounts payable after more than one year17 | €1.10M | €341k | €419k | €831k | €1.86M | ▲ 123% |
| Financial debts170/4 | - | - | - | - | €842k | - |
| Other amounts payable178/9 | €1.10M | €341k | €419k | €831k | €1.02M | ▲ 22.1% |
| Amounts payable within one year42/48 | €1.46M | €1.34M | €2.36M | €2.31M | €878k | ▼ 62.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5k | - | - |
| Financial debts43 | €518k | €65k | €1.53M | €1.52M | - | - |
| Credit institutions430/8 | €518k | €65k | €1.53M | €1.52M | - | - |
| Trade debts44 | €118k | €31k | €11k | €705 | €2k | ▲ 236% |
| Suppliers440/4 | €118k | €31k | €11k | €705 | €2k | ▲ 236% |
| Advances received on contracts in progress46 | - | - | - | €965 | - | - |
| Taxes, remuneration and social security45 | €6k | €529k | €52k | €3k | €94k | ▲ 3,060% |
| Taxes450/3 | €6k | €529k | €52k | €3k | €94k | ▲ 3,060% |
| Other amounts payable47/48 | €818k | €715k | €768k | €784k | €783k | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-56k | €196k | €-116k | €-132k | €-224k | ▼ 69.1% |
| + Depreciation and write-downs630 | €20k | €20k | €22k | €22k | €23k | ▲ 3.5% |
| Operating cash flow (approximation) | €-36k | €216k | €-95k | €-111k | €-201k | ▼ 82.1% |
| Investment in fixed assets (approximation) | - | €-25k | €0 | €-800 | €-7k | ▼ 834% |
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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-224k
Net result drops to €-224k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 7 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €196k
Net result €196k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Tournai · 1 establishment unit since 1977
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Rés. Pic au Vent(TOU) 97500 TournaiGround area
410 m²
Building footprint
42 m²
Volume, LiDAR
327 m³
Parcel 57026B0412/00W000, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Tournai(ET) 1 A, 7730 Estaimpuis
since 19772.037.874.681
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57026B0412/00W000 | Wallonia | 410 m² | 1 · 42 m² | 9.7 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.
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MI - TECH
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VANDERBAUT
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VANHOUCKE
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 7,579 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-05-1975
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
46900Non-specialised wholesale trade
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
70200Business and other management consultancy
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.