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JACOB COMPANY

Active
Private limited companyfounded 1992active for 34 yearsBurg. Felix de Bethunelaan(Kor) 33, 8500 Kortrijk, BelgiumKBO/BCE: BE 0446.787.245
Summary

The computed 12-month bankruptcy probability of JACOB COMPANY is 2.9% (moderate). The 2024 annual accounts show negative equity (-€141,121) and a net result of €119,203. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 6,064 sector peers (NACE 46, financial year 2024). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190Wholesale trade NACE 46498
1 site
Size
€6.7mturnover 2024
Staff
6.9 FTE
Equity
-€141,121
Profit
€119,203
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Parent
International Sales Promotion Services · 100%
Holdings
1
Accounts 84 days overdue1 of 10 deeds read
Why 50raises riskFigures for financial year 2024 (filed 29-05-2025)Negative equity -€141,121Liquidity: current ratio 0.88, cash €98,001lowers riskFounded in 1992Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 18+2
equity -6.6% of total assets
Liquidity 6+5
short-term debt 106.3% · cash 4.6%
Profitability 45-4
return on assets 5.6%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.7%▲ +0.3 percentage points vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.3%▼ -0.4 percentage points vs 05-2025 07-2025: 1.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 1.2%● unchanged vs 07-2025lowest value 09-2025: 1.2%● unchanged vs 08-2025lowest value 10-2025: 1.2%● unchanged vs 09-2025lowest value 11-2025: 1.2%● unchanged vs 10-2025lowest value 12-2025: 1.2%● unchanged vs 11-2025lowest value 01-2026: 1.2%● unchanged vs 12-2025lowest value 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.8 percentage points vs 07-2026 09-2026: 2.5%▲ +0.3 percentage points vs 08-2026 10-2026: 2.9%▲ +0.4 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.88, compared with 0.87 in 2023, below 1; short-term debt: 106.3% and cash: 4.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 15% on solvency, 8% on liquidity, 36% on profitability and 50% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 29-05-2025)
NBB · annual accounts
raises risk · Negative equity -€141,121
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.88, cash €98,001
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 6064 sector peers (2024).
NBB · sector comparison
Position among 6064 sector peers
Solvency
better than 7%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 84 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-05-2025, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
65 days early
2023
64 days early
2022
59 days early
2021
60 days early
2020
18 days early
2019
32 days early
← 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 50 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Amendment of the articlesPower of attorney · Approval
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€141,121 View
  • Caution: Among the weakest 5% on equitysector median €1.3m · 6,065 companies -€141,121 View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View
  • Caution: Result fell in 2024from €211,641 to €119,203 ▼ 43.7% View
  • Controlled by International Sales Promotion Servicesthe company in turn controls 1 companies 100% View

By topic

Financials

Financial year
2024
Turnover
€6.7m
Profit
€119,203
Solvency
-6.6%
Turnover▼ 33.7%
Net result
20182024
Go to Financials

Timeline

Events
35
Since
1994
  1. 31-12-2023Back to profit
  2. 02-06-2023Annual accounts filed
  3. 01-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
05-03-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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