JACO CONCEPT
The computed 12-month bankruptcy probability of JACO CONCEPT is 12.8% (high). The 2024 annual accounts show negative equity (€-2.46M) and a net result of €-1.45M. Equity is shrinking by ~147.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 5606 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-2.46M |
| Net result | €-1.45M |
| Better than sector | 9% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -108.2% | 19.3% | |
| Net result | €-1.45M | €4k | |
| Equity | €-2.46M | €14k | |
| Gross operating margin | €462k | €52k | |
| Staff costs | €1.48M | €49k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-1.02M |
| Net profit | €-1.45M |
| Cash flow | €-1.13M |
| Staff costs | €1.48M |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.27M |
| Equity | €-2.46M |
| Debt | €4.73M |
| of which ≤ 1y | €4.40M |
| of which > 1y | €321k |
| Working capital | €-4.29M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.03 |
| Quick ratio | 0.00 |
| Working capital ratio | -189.1% |
| Solvency | -108.2% |
| Debt / equity | -1.92 |
| Long-term debt ratio | -0.13 |
| Interest coverage | -9.24 |
| Gross margin | - |
| Net margin | - |
| ROA | -63.8% |
| ROE | 58.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.27M |
| Fixed assets | 21/28 | €2.13M |
| Formation expenses | 20 | €26k |
| Intangible fixed assets | 21 | €246k |
| Tangible fixed assets | 22/27 | €1.89M |
| Financial fixed assets | 28 | €699 |
| Current assets | 29/58 | €112k |
| Stocks & contracts in progress | 3 | €94k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.27M |
| Equity | 10/15 | €-2.46M |
| Contributions / capital | 10/11 | €663k |
| Accumulated profits (losses) | 14 | €-3.12M |
| Amounts payable | 17/49 | €4.73M |
| Amounts payable after one year | 17 | €321k |
| Amounts payable within one year | 42/48 | €4.40M |
| Trade debts payable within one year | 44 | €105k |
| Income statement | ||
| Gross operating margin | 9900 | €462k |
| Operating result | 9901 | €-1.34M |
| Financial income | 75 | €262 |
| Financial charges | 65 | €110k |
| Result before taxes | 9903 | €-1.45M |
| Net result for the period | 9904 | €-1.45M |
| Result to be appropriated | 9905 | €-1.45M |
-
Current17-11-2025 → present
-
Current28-08-2025 → present
2 events
- 28-08-2025 Appointed· Daily management
- 28-08-2025 Appointed· Director
Former directors (3)
-
Former28-08-2025 → 17-11-2025
2 events
- 17-11-2025 Resigned· Director
- 28-08-2025 Appointed· Director
-
Former02-07-2024 → 28-08-2025
3 events
- 28-08-2025 Resigned· Daily management
- 28-08-2025 Resigned· Director
- 02-07-2024 Appointed· Director
-
Former- → 19-07-2024
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| SD Bedrijfsrevisoren SRLCurrent Company auditor · represented by Gerre Debraekeleer |
- | 29-12-2025 → present |
| NACE primary | Food & beverage service(56111) |
| Legal form | Public limited company(014) |
| Incorporation | 10-09-2021 |
| Status | Active |
| Postal code | 1180 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0363/00F002 | Brussels | 1.0 ha | 1 · 5,177 m² | 32.2 m · 9 fl. |
| 21614H0010/00T034 | Brussels | 388 m² | 1 · 310 m² | 21.2 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-02-2026 1 director appointed, 1 resigning
- Lillo Montedoro, Bestuurder
- Laurent Frerebaut, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Laurent Frerebaut",
"address": null,
"birth_date": null
},
"effective_date": "2025-11-17",
"evidence_quote": "La soci\u00E9t\u00E9 prend note de la d\u00E9mission de Monsieur Laurent Fr\u00E9rebaut de son mandat d\u0027administrateur de la soci\u00E9t\u00E9, et ce avec effet imm\u00E9diat. ... La Soci\u00E9t\u00E9 d\u00E9cide de donner d\u00E9charge provisoire \u00E0 l\u0027administrateur d\u00E9missionnaire pour la p\u00E9riode allant du 28/09/2025 \u00E0 ce jour.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Lillo Montedoro",
"address": null,
"birth_date": null
},
"effective_date": "2025-11-17",
"evidence_quote": "La soci\u00E9t\u00E9 d\u00E9cide de nommer Monsiuer Lilo Montedoro en qualit\u00E9 d\u0027administrateur de la Soci\u00E9t\u00E9, et ce avec effet imm\u00E9diat."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SA"
}
}26-01-2026 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2025-12-29",
"legal_form_change": false
},
"bedrijfsrevisor": {
"quote": "SRL \u00AB SD Bedrijfsrevisoren \u00BB, ayant son si\u00E8ge \u00E0 1853 Strombeek-Bever, Boechoutlaan 105 bus 05.01, repr\u00E9sent\u00E9 par monsieur Gerre Debraekeleer, r\u00E9viseur d\u2019entreprises d\u00E9sign\u00E9 par l\u2019organe d\u2019administration.",
"firm_kbo": null,
"firm_name": "SRL SD BEDRIJFSREVISOREN",
"ibr_number": null,
"individual_name": "Gerre Debraekeleer"
},
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SA"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}31-12-2025 1 director appointed, 1 resigning
- Valon Curraj, Dagelijks bestuur
- Charles De Pauw, Dagelijks bestuur
Technical details
{
"events": [
{
"kind": "director_out",
"role": "dagelijks_bestuur",
"person": {
"rrn": null,
"name": "Charles De Pauw",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-28",
"evidence_quote": "Le Conseil prend acte de la d\u00E9mission de Monsieur Charles De Pauw de son mandat de d\u00E9l\u00E9gu\u00E9 \u00E0 la gestion journali\u00E8re, et ce avec effet imm\u00E9diat. Le Conseil le remercie pour l\u0027exercice de ce mandat et, pour autant que de besoin, lui octroie enti\u00E8re d\u00E9charge pour les actes de gestion effectu\u00E9s dans le ",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "dagelijks_bestuur",
"person": {
"rrn": null,
"name": "Valon Curraj",
"address": null,
"birth_date": null
},
"effective_date": "2025-08-28",
"evidence_quote": "Le Conseil d\u00E9cide de d\u00E9l\u00E9guer la gestion journali\u00E8re de la Soci\u00E9t\u00E9 \u00E0 Monsieur Valon Curraj, pr\u00E9nomm\u00E9, et ce pour la dur\u00E9e de son mandat d\u0027administrateur."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SA"
}
}22-09-2025 Registered office moved from Uccle to Bruxelles
- Chaussée de Waterloo 1359, 1180 Uccle → Chaussée de Waterloo 1372, 1180 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Chauss\u00E9e de Waterloo",
"country": "BE",
"postcode": "1180",
"box_number": null,
"street_number": "1372"
},
"old_address": {
"city": "Uccle",
"region": "Brussels",
"street": "Chauss\u00E9e de Waterloo",
"country": "BE",
"postcode": "1180",
"box_number": "I-J",
"street_number": "1359"
},
"effective_date": "2025-08-28",
"evidence_quote": "Le Conseil d\u00E9cide de transf\u00E9rer le sl\u00E8ge de la Soci\u00E9t\u00E9 et ce avec effet imm\u00E9diat, \u00E0 l\u0027adresse suivante: chauss\u00E9e de Waterloo 1372, 1180 Bruxelles."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SA"
}
}19-07-2024 1 director appointed, 1 resigning
- Charles DE PAUW, Bestuurder
- Alain DE PAU, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Alain DE PAU",
"address": null,
"birth_date": null
},
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale sp\u00E9ciale qui s\u0027est tenue en date du 2 juillet 2024 a act\u00E9, \u00E0 l\u0027unanimit\u00E9, la d\u00E9misison en qualit\u00E9 d\u0027administrateur de Monsieur Alain DE PAU. Par un vote sp\u00E9cial, l\u0027assembl\u00E9e a accord\u00E9, \u00E0 l\u0027unanimit\u00E9, la d\u00E9charge \u00E0 l\u0027administrateur d\u00E9missionnaire, en sa qualit\u00E9 d\u0027administrateur, ",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Charles DE PAUW",
"address": null,
"birth_date": null
},
"effective_date": "2024-07-02",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale a d\u00E9cid\u00E9, \u00E0 l\u0027unanimit\u00E9, de nommer avec effet imm\u00E9diat en qualit\u00E9 d\u0027administrateur Monsieur Charles DE PAUW, domicili\u00E9 Avenue de Foestraets 36 bo\u00EEte E \u00E0 1180 Uccle, qui a accept\u00E9."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SA"
}
}07-04-2023 Registered office moved from Bruxelles to Uccle
- Avenue Louise 375, 1050 Bruxelles → Chaussée de Waterloo 1359, 1180 Uccle
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Uccle",
"region": "Brussels",
"street": "Chauss\u00E9e de Waterloo",
"country": "BE",
"postcode": "1180",
"box_number": "4",
"street_number": "1359"
},
"old_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": "15",
"street_number": "375"
},
"effective_date": "2023-03-14",
"evidence_quote": "En date du 14 mars 2023, l\u0027organe d\u0027administration a d\u00E9cid\u00E9 de transf\u00E9rer le si\u00E8ge de la soci\u00E9t\u00E9 avec effet imm\u00E9diat \u00E0 1180 Uccle. Chauss\u00E9e de Waterloo 1359 I-J bte 4."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SA"
}
}09-06-2022 Capital increase of €162,500 to €662,500
- €500.000 → €662.500
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 162500.0,
"currency": "EUR",
"after_eur": 662500.0,
"delta_eur": 162500.0,
"before_eur": 500000.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2022-05-23",
"evidence_quote": "L\u2019assembl\u00E9e d\u00E9cide d\u2019augmenter le capital en esp\u00E8ces \u00E0 concurrence de cent soixante-deux mille cinq cents euros (162.500,00 \u20AC) pour le porter de cinq cent mille euros (500.000,00 \u20AC) \u00E0 six cent soixante-douze mille cinq cents euros (662.500,00 \u20AC)",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SA"
}
}14-09-2021 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "1050 Bruxelles, Avenue Louise 375 bte 15",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0437.658.159",
"name": "CENTRE INTERNATIONAL DE COMMERCE"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "actions sans d\u00E9signation de valeur nominale",
"partner_role": null,
"holder_org_kbo": "0437.658.159",
"holder_org_name": "CENTRE INTERNATIONAL DE COMMERCE",
"contribution_type": "cash",
"amount_paid_in_eur": 500000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 500,
"amount_subscribed_eur": 500000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 500000,
"subject_company": {
"kbo": "0773.728.913",
"name_full": "JACO CONCEPT",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2021-09-09",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | JACO CONCEPT |