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JAC MANAGEMENT

Active
Private limited companyfounded 20178 yrs activeRue des Fauldeurs 4, 6530 Thuin, BelgiumKBO/BCE: BE 0684.811.486
Summary

The annual accounts of JAC MANAGEMENT for fiscal year 2024 show a net loss of 85% of the equity at the start of that year. The 2024 annual accounts show equity of €59,684 and a net result of -€345,827. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 10% of 8112 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability21▼-54
Solvency31▼-19
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.56 against 0.92 in 2023; short-term debt: 20.7% and cash: 0.3% of total assets), and 94.4% of the assets are financed with debt.
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Signals

Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
5.6%
Return on assets
-32.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8112 sector peers (2024).
NBB · sector comparison
Position among 8112 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
68 d late
2022
31 d late
2021
3 d late
2020
26 d late
2019
20 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 November 2017, JAC MANAGEMENT was incorporated.1 Total assets went from EUR 575,005 in 2018 to EUR 1.1 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€345,827
2023 · €85,660
Working capital
-€95,658▼ 225%
2023 · -€29,477
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€108,562▲ 56.9%€26,429▼ 75.7%€70,771▲ 168%€128,188▲ 81.1%€35,165▼ 72.6%
Net result€84,927within the sector's middle half▲ 84.7%€199,343within the sector's middle half▲ 135%€32,989within the sector's middle half▼ 83.5%€85,660within the sector's middle half▲ 160%-€345,827below the sector's middle half
Equity€437,537within the sector's middle half▲ 24.1%€424,357within the sector's middle half▼ 3.0%€457,346within the sector's middle half▲ 7.8%€405,511within the sector's middle half▼ 11.3%€59,684below the sector's middle half▼ 85.3%
Total assets€609,932within the sector's middle half▲ 13.9%€1.2mwithin the sector's middle half▲ 103%€1.9mwithin the sector's middle half▲ 54.6%€1.6mwithin the sector's middle half▼ 14.5%€1.1mwithin the sector's middle half▼ 35.2%
Debt€172,395▼ 5.7%€813,513▲ 372%€1.5m▲ 79.0%€1.2m▼ 15.5%€1.0m▼ 18.7%
Working capital€137,141within the sector's middle half▲ 64.4%€64,045within the sector's middle half▼ 53.3%-€248,384below the sector's middle half-€29,477within the sector's middle half▲ 88.1%-€95,658below the sector's middle half▼ 225%
Solvency71.7%within the sector's middle half▲ 5.9pp34.3%within the sector's middle half▼ 37.5pp23.9%within the sector's middle half▼ 10.4pp24.8%within the sector's middle half▲ 0.9pp5.6%below the sector's middle half▼ 19.1pp
Current ratio2.60within the sector's middle half▲ 0.311.39within the sector's middle half▼ 1.210.44below the sector's middle half▼ 0.940.92within the sector's middle half▲ 0.470.56below the sector's middle half▼ 0.35
Return on assets (ROA)13.9%above the sector's middle half▲ 5.3pp16.1%above the sector's middle half▲ 2.2pp1.7%within the sector's middle half▼ 14.4pp5.2%within the sector's middle half▲ 3.5pp-32.6%below the sector's middle half▼ 37.9pp
Staff (FTE)0below the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0€200,000Operating result 2020: €108,562€108,562Net result 2020: €84,927€84,927Operating result 2021: €26,429€26,429Net result 2021: €199,343€199,343Operating result 2022: €70,771€70,771Net result 2022: €32,989€32,989Operating result 2023: €128,188€128,188Net result 2023: €85,660€85,660Operating result 2024: €35,165€35,165Net result 2024: -€345,827-€345,82720202021202220232024-€400,000-€200,000€0€200,000Operating result 2022: €70,771€70,800Net result 2022: €32,989€33,000Operating result 2023: €128,188€128,000Net result 2023: €85,660€85,700Operating result 2024: €35,165€35,200Net result 2024: -€345,827-€346,000202220232024
The operating result falls in 2024; 2024 is 73% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets €935,858 ▼ 28.8%
Current assets €124,049 ▼ 61.5%
Equity and liabilities €1.1m
Equity €59,684 ▼ 85.3%
Debt €1.0m ▼ 18.7%
Debt's share of the balance-sheet total rises from 75.2% to 94.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€59,085▼
2023 · €152,746
Cash flow
-€321,908▼
2023 · €110,219
Debt to equity
16.76▲
2023 · 3.04
ROE
-579.4%▼
2023 · 21.1%
Interest coverage
2.56▼
2023 · 6.12
Debt ≤ 1 year
€219,706▼
2023 · €351,504
Debt > 1 year
€779,072▼
2023 · €877,816
Income taxes
€3,291▼
2023 · €23,556
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 450 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 87% are still going.

  • Small
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
  • without age
6.4% went bankrupt
5.3% stopped otherwise
87% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 450 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.1m▼
Fixed assets21/28€1.3m€935,858▼
Tangible fixed assets22/27€572,671€548,751▼
Furniture and vehicles24€528€0▼
Leasing and similar rights25€572,143€548,751▼
Financial fixed assets28€741,807€387,107▼
Current assets29/58€322,027€124,049▼
Amounts receivable after more than one year29-€105,861
Other amounts receivable291-€105,861
Amounts receivable within one year40/41€309,321€0▼
Trade receivables40€55,208€0▼
Other amounts receivable41€254,113€0▼
Current investments50/53€4,037€0▼
Cash at bank and in hand54/58€6,169€3,368▼
Deferred charges and accrued income490/1€2,500€14,820▲
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.1m▼
Equity10/15€405,511€59,684▼
Contributions10/11€100,000€100,000=
Reserves13€10,000€10,000=
Non-distributable reserves130/1€10,000€10,000=
Reserves not available under the articles1311€10,000€10,000=
Profit (loss) carried forward14€295,511-€50,316▼
Amounts payable17/49€1.2m€1.0m▼
Amounts payable after more than one year17€877,816€779,072▼
Financial debts170/4€877,816€779,072▼
Amounts payable within one year42/48€351,504€219,706▼
Current portion of amounts payable after more than one year42€134,895€106,877▼
Trade debts44€18,646€14,470▼
Suppliers440/4€18,646€14,470▼
Taxes, remuneration and social security45€56,431€92,275▲
Taxes450/3€56,431€88,419▲
Remuneration and social security454/9-€3,856
Other amounts payable47/48€141,533€6,084▼
Accrued charges and deferred income492/3€1,674€1,445▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,559€23,919▼
Other operating charges640/8€5,452€11,957▲
Non-recurring operating charges66A-€15,000
Gross operating margin9900€158,198€86,041▼
Operating profit (loss)9901€128,188€35,165▼
Financial income75/76B€568,295€49▼
Recurring financial income75€568,295€49▼
Financial charges65/66B€587,266€377,750▼
Recurring financial charges65€24,966€23,050▼
Non-recurring financial charges66B€562,300€354,700▼
Profit (loss) for the period before taxes9903€109,217-€342,536▼
Income taxes67/77€23,556€3,291▼
Profit (loss) for the period9904€85,660-€345,827▼
Profit (loss) for the period to be appropriated9905€85,660-€345,827▼
Appropriation of the result
Profit (loss) to be appropriated9906€433,007-€50,316▼
Profit (loss) brought forward from the previous period14P€347,346€295,511▼
Profit to be distributed694/7€137,496€0▼
Return on contributions (dividend)694€137,496€0▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€92,263€24,535€24,559€23,919▼ 2.6%
Other operating charges640/8-€5,195€4,806€5,452€11,957▲ 119%
Non-recurring operating charges66A----€15,000-
Gross operating margin9900€114,219€123,887€100,112€158,198€86,041▼ 45.6%
Operating profit (loss)9901€108,562€26,429€70,771€128,188€35,165▼ 72.6%
Financial income75/76B-€186,001€2€568,295€49▼ 100.0%
Recurring financial income75€322€186,001€2€568,295€49▼ 100.0%
Financial charges65/66B-€8,402€28,047€587,266€377,750▼ 35.7%
Recurring financial charges65€3,068€8,402€28,047€24,966€23,050▼ 7.7%
Non-recurring financial charges66B---€562,300€354,700▼ 36.9%
Profit (loss) for the period before taxes9903€105,816€204,028€42,726€109,217-€342,536▼ 414%
Income taxes67/77€20,889€4,684€9,736€23,556€3,291▼ 86.0%
Profit (loss) for the period9904€84,927€199,343€32,989€85,660-€345,827▼ 504%
Profit (loss) for the period to be appropriated9905€84,927€199,343€32,989€85,660-€345,827▼ 504%
Line20202021202220232024Change
Assets
Total assets20/58€609,932€1.2m€1.9m€1.6m€1.1m▼ 35.2%
Fixed assets21/28€387,107€1.0m€1.7m€1.3m€935,858▼ 28.8%
Tangible fixed assets22/27-€621,764€597,229€572,671€548,751▼ 4.2%
Furniture and vehicles24-€2,861€1,694€528€0▼ 100%
Leasing and similar rights25-€618,903€595,535€572,143€548,751▼ 4.1%
Financial fixed assets28€387,107€387,107€1.1m€741,807€387,107▼ 47.8%
Current assets29/58€222,825€228,999€198,968€322,027€124,049▼ 61.5%
Amounts receivable after more than one year29----€105,861-
Other amounts receivable291----€105,861-
Amounts receivable within one year40/41€91,600€126,294€116,923€309,321€0▼ 100%
Trade receivables40-€46,231€31,476€55,208€0▼ 100%
Other amounts receivable41-€80,063€85,447€254,113€0▼ 100%
Current investments50/53€10,013€10,013€10,013€4,037€0▼ 100%
Cash at bank and in hand54/58€118,247€22,827€16,982€6,169€3,368▼ 45.4%
Deferred charges and accrued income490/1-€69,865€55,051€2,500€14,820▲ 493%
Equity and liabilities
Total equity and liabilities10/49€609,932€1.2m€1.9m€1.6m€1.1m▼ 35.2%
Equity10/15€437,537€424,357€457,346€405,511€59,684▼ 85.3%
Contributions10/11-€100,000€100,000€100,000€100,000=
Reserves13€10,000€10,000€10,000€10,000€10,000=
Non-distributable reserves130/1-€10,000€10,000€10,000€10,000=
Reserves not available under the articles1311-€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14€327,537€314,357€347,346€295,511-€50,316▼ 117%
Amounts payable17/49€172,395€813,513€1.5m€1.2m€1.0m▼ 18.7%
Amounts payable after more than one year17€86,711€648,559€1.0m€877,816€779,072▼ 11.2%
Financial debts170/4-€648,559€1.0m€877,816€779,072▼ 11.2%
Amounts payable within one year42/48€85,684€164,954€447,352€351,504€219,706▼ 37.5%
Current portion of amounts payable after more than one year42-€60,968€128,933€134,895€106,877▼ 20.8%
Trade debts44€630€12,793€16,596€18,646€14,470▼ 22.4%
Suppliers440/4-€12,793€16,596€18,646€14,470▼ 22.4%
Taxes, remuneration and social security45-€40,016€32,824€56,431€92,275▲ 63.5%
Taxes450/3-€40,016€32,824€56,431€88,419▲ 56.7%
Remuneration and social security454/9----€3,856-
Other amounts payable47/48-€51,176€268,999€141,533€6,084▼ 95.7%
Accrued charges and deferred income492/3--€714€1,674€1,445▼ 13.7%
Line20202021202220232024Change
Profit (loss) for the period9904€84,927€199,343€32,989€85,660-€345,827▼ 504%
+ Depreciation and write-downs630-€92,263€24,535€24,559€23,919▼ 2.6%
Operating cash flow (approximation)€84,927€291,606€57,524€110,219-€321,908▼ 392%
Investment in fixed assets (approximation)--€714,028-€730,000€375,300€354,700▼ 5.5%
Change in cash--€95,420-€5,845-€10,812-€2,802▲ 74.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
10-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
30-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial Weakest financial yearnet -€345,827
Net result drops to -€345,827, the lowest in the series.
07-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
03-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
20-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
22-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 22 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Thuin · 1 establishment unit since 2017
establishment The establishment unit on the map
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 des Fauldeurs 46530 Thuin
Ground area
2,465 m²
Building footprint
1,167 m²
Volume, LiDAR
12,455 m³
Parcel 52041A0190/00V038, Wallonia · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
JAC MANAGEMENT
Allée des Templiers(LOV) 41, 6280 GerpinnesReal estate activities
since 20172.272.002.294
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52041A0190/00V038 Wallonia 2,465 m² 1 · 1,167 m² 15.9 m · 4 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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of JAC MANAGEMENT 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 current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 39,057 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
Founded20-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0684811486
Also 9925:BE0684811486
Registered 28-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.