JACARANDA
ActiveFinancials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 29-10-2025 PDF all 22 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €72,000
Estimated: probably between €40,000 and €120,000
Total assets
€177,588▼ 52.9%
2023 · €376,811
Net result
-€42,781▼ 1,165%
2023 · -€3,383
Working capital
-€39,819▼ 75.2%
2023 · -€22,730
In the rankings
#7 oldest company in Holsbeek, Construction sector
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€42,350
▼ 1,445%
2024
20182024
Net result
-€42,781
▼ 1,165%
2024
lowest quarter of the sector
20182024
Equity
€104,154
▼ 29.1%
2024
lowest quarter of the sector
20182024
Total assets
€177,588
▼ 52.9%
2024
lowest quarter of the sector
20182024
Debt
€73,435
▼ 68.1%
2024
20182024
Working capital
-€39,819
▼ 75.2%
2024
lowest quarter of the sector
20182024
Solvency
58.6%
▲ 19.7pp
2024
middle half of the sector
20182024
Current ratio
0.46
▼ 0.44
2024
lowest quarter of the sector
20182024
Return on assets (ROA)
-24.1%
▼ 23.2pp
2024
lowest quarter of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€6,825--€63,674€17,874-€2,495€77,106-€2,741-€42,350▼ 1,445%
Net result€1,792--€68,913€16,305within the sector's middle half-€3,156below the sector's middle half€68,586within the sector's middle half-€3,383below the sector's middle half-€42,781below the sector's middle half▼ 1,165%
Equity€137,495-€68,582▼ 50.1%€84,888within the sector's middle half▲ 23.8%€81,731within the sector's middle half▼ 3.7%€150,317within the sector's middle half▲ 83.9%€146,934within the sector's middle half▼ 2.3%€104,154below the sector's middle half▼ 29.1%
Total assets€374,141-€336,045▼ 10.2%€268,288within the sector's middle half▼ 20.2%€262,617within the sector's middle half▼ 2.1%€376,329below the sector's middle half▲ 43.3%€376,811below the sector's middle half▲ 0.1%€177,588below the sector's middle half▼ 52.9%
Debt€236,646-€267,463▲ 13.0%€183,400▼ 31.4%€180,885▼ 1.4%€226,012▲ 24.9%€229,877▲ 1.7%€73,435▼ 68.1%
Working capital-€119,832--€194,437▼ 62.3%-€149,502below the sector's middle half▲ 23.1%-€137,259below the sector's middle half▲ 8.2%-€39,724below the sector's middle half▲ 71.1%-€22,730below the sector's middle half▲ 42.8%-€39,819below the sector's middle half▼ 75.2%
Solvency36.7%-20.4%▼ 16.3pp31.6%within the sector's middle half▲ 11.2pp31.1%within the sector's middle half▼ 0.5pp39.9%within the sector's middle half▲ 8.8pp39.0%within the sector's middle half▼ 0.9pp58.6%within the sector's middle half▲ 19.7pp
Current ratio0.41-0.27▼ 0.130.18below the sector's middle half▼ 0.090.24below the sector's middle half▲ 0.060.82below the sector's middle half▲ 0.580.90below the sector's middle half▲ 0.080.46below the sector's middle half▼ 0.44
Return on assets (ROA)0.5%--20.5%▼ 21.0pp6.1%within the sector's middle half▲ 26.6pp-1.2%below the sector's middle half▼ 7.3pp18.2%above the sector's middle half▲ 19.4pp-0.9%below the sector's middle half▼ 19.1pp-24.1%below the sector's middle half▼ 23.2pp
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is a loss of €42,350, larger than the loss of €2,741 in 2023. It is the lowest result since 2020.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177,588
Fixed assets
€143,973 ▼ 15.1%
Current assets
€33,616 ▼ 83.8%
Equity and liabilities €177,588
Equity
€104,154 ▼ 29.1%
Debt
€73,435 ▼ 68.1%
Debt's share of the balance-sheet total falls from 61.0% to 41.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€11,658▼
2023 · €26,298
Cash flow
-€12,089▼
2023 · €25,656
Debt to equity
0.71▼
2023 · 1.56
ROE
-41.1%▼
2023 · -2.3%
Interest coverage
-38.81▼
2023 · 50.09
Debt ≤ 1 year
€73,435▼
2023 · €229,877
Income taxes
€130▼
2023 · €132
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €13,194 | - | €8,662 | €5,000 |
| Depreciation and write-downs of the year | €28,594 | €28,949 | €29,039 | €30,692 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €5,466 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,619 | €29,758 | €30,479 | €28,594 | €28,949 | €29,039 | €30,692 | ▲ 5.7% |
| Other operating charges640/8 | - | - | - | €9,435 | €12,144 | €1,687 | €18,571 | ▲ 11× |
| Gross operating margin9900 | €41,359 | -€10,120 | €57,586 | €35,534 | €118,199 | €27,985 | €6,913 | ▼ 75.3% |
| Operating profit (loss)9901 | €6,825 | -€63,674 | €17,874 | -€2,495 | €77,106 | -€2,741 | -€42,350 | ▼ 1,445% |
| Financial income75/76B | - | - | - | €1 | €139 | €15 | - | - |
| Recurring financial income75 | €8 | €479 | €293 | €1 | €139 | €15 | - | - |
| Financial charges65/66B | - | - | - | €545 | €362 | €525 | €300 | ▼ 42.8% |
| Recurring financial charges65 | €5,040 | €3,408 | €1,745 | €545 | €362 | €525 | €300 | ▼ 42.8% |
| Profit (loss) for the period before taxes9903 | €1,792 | -€66,602 | €16,422 | -€3,039 | €76,883 | -€3,251 | -€42,650 | ▼ 1,212% |
| Income taxes67/77 | €0 | €2,310 | €116 | €117 | €8,297 | €132 | €130 | ▼ 0.9% |
| Profit (loss) for the period9904 | €1,792 | -€68,913 | €16,305 | -€3,156 | €68,586 | -€3,383 | -€42,781 | ▼ 1,165% |
| Profit (loss) for the period to be appropriated9905 | €1,792 | -€68,913 | €16,305 | -€3,156 | €68,586 | -€3,383 | -€42,781 | ▼ 1,165% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €374,141 | €336,045 | €268,288 | €262,617 | €376,329 | €376,811 | €177,588 | ▼ 52.9% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €291,702 | €263,019 | €234,390 | €218,990 | €190,041 | €169,664 | €143,973 | ▼ 15.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €290,327 | €263,019 | €234,390 | €218,990 | €190,041 | €169,664 | €143,973 | ▼ 15.1% |
| Land and buildings22 | - | - | - | €203,369 | €176,599 | €149,830 | €123,060 | ▼ 17.9% |
| Plant, machinery and equipment23 | - | - | - | €13,180 | €11,860 | €10,541 | €9,221 | ▼ 12.5% |
| Furniture and vehicles24 | - | - | - | €2,442 | €1,582 | €722 | €3,552 | ▲ 392% |
| Leasing and similar rights25 | - | - | - | - | - | €8,572 | €8,139 | ▼ 5.1% |
| Financial fixed assets28 | €1,375 | €0 | €0 | - | - | - | - | - |
| Current assets29/58 | €82,439 | €73,026 | €33,899 | €43,627 | €186,288 | €207,147 | €33,616 | ▼ 83.8% |
| Stocks and contracts in progress3 | €0 | €5,000 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €72,028 | €62,802 | €26,441 | €28,125 | €174,599 | €198,960 | €30,968 | ▼ 84.4% |
| Trade receivables40 | - | - | - | €27,990 | €174,449 | €198,592 | €30,528 | ▼ 84.6% |
| Other amounts receivable41 | - | - | - | €135 | €150 | €368 | €440 | ▲ 19.7% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €7,860 | €1,950 | €4,031 | €10,923 | €6,876 | €2,894 | €2,336 | ▼ 19.3% |
| Deferred charges and accrued income490/1 | - | - | - | €4,578 | €4,813 | €5,293 | €311 | ▼ 94.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €374,141 | €336,045 | €268,288 | €262,617 | €376,329 | €376,811 | €177,588 | ▼ 52.9% |
| Equity10/15 | €137,495 | €68,582 | €84,888 | €81,731 | €150,317 | €146,934 | €104,154 | ▼ 29.1% |
| Contributions10/11 | €6,197 | €6,197 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €70,446 | €70,446 | €70,446 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | €68,586 | €68,586 | €68,586 | = |
| Profit (loss) carried forward14 | €129,438 | €60,525 | €76,830 | €73,674 | €73,674 | €70,291 | €27,511 | ▼ 60.9% |
| Amounts payable17/49 | €236,646 | €267,463 | €183,400 | €180,885 | €226,012 | €229,877 | €73,435 | ▼ 68.1% |
| Amounts payable after more than one year17 | €34,375 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €202,271 | €267,463 | €183,400 | €180,885 | €226,012 | €229,877 | €73,435 | ▼ 68.1% |
| Trade debts44 | €25,452 | €1,104 | €17,739 | €17,153 | €20,683 | €6,278 | €28,110 | ▲ 348% |
| Suppliers440/4 | - | - | - | €17,153 | €20,683 | €6,278 | €28,110 | ▲ 348% |
| Taxes, remuneration and social security45 | - | - | - | €4,355 | €13,475 | €9,834 | €25,812 | ▲ 162% |
| Taxes450/3 | - | - | - | €4,355 | €13,475 | €9,834 | €25,812 | ▲ 162% |
| Other amounts payable47/48 | - | - | - | €159,378 | €191,854 | €213,765 | €19,513 | ▼ 90.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,792 | -€68,913 | €16,305 | -€3,156 | €68,586 | -€3,383 | -€42,781 | ▼ 1,165% |
| + Depreciation and write-downs630 | €29,619 | €29,758 | €30,479 | €28,594 | €28,949 | €29,039 | €30,692 | ▲ 5.7% |
| Operating cash flow (approximation) | €31,411 | -€39,155 | €46,785 | €25,438 | €97,534 | €25,656 | -€12,089 | - |
| Investment in fixed assets (approximation) | - | -€1,075 | -€1,850 | -€13,194 | €0 | -€8,662 | -€5,000 | ▲ 42.3% |
| Change in cash | - | -€5,910 | €2,081 | €6,892 | -€4,048 | -€3,982 | -€557 | ▲ 86.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,831 companies had the same profile as JACARANDA has now. Two years later, 84.6% were still going and 1.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
84.6%
was still going
13.4%
stopped otherwise
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JACARANDA itself is higher: 3.0% within 12 months. It rests on far more data about JACARANDA than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for JACARANDA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 29-10-2025 | 2025-00559515 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00449529 | |
| 31-12-2022 | abbreviated format | 13-10-2023 | 2023-00488395 | |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20300741 | |
| 31-12-2020 | micro format | 04-11-2021 | 2021-76900554 | |
| 31-12-2019 | micro format | 03-12-2020 | 2020-74500536 | |
| 31-12-2018 | micro format | 08-10-2019 | 2019-69100228 | |
| 31-12-2017 | micro format | 09-01-2019 | 2019-01200340 | |
| 31-12-2014 | abbreviated format | 16-10-2015 | 2015-65000146 | |
| 31-12-2012 | full format | 31-08-2013 | 2013-57500279 |