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JAFAB

Active Private limited company (pre-2019)founded 2003active for 23 yearsGeneraal Thysstraat 12, 1050 IxellesKBO/BCE: BE 0860.016.648

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
peak €97,617 (2008)
€66,143▲ 85.7%
lowest -€22,419 (2013)
€30,927▲ 25×
peak €132,807 (2020)
€128,595▲ 31.7%
€22,325▲ 58.3%
peak 2 FTE (2011)
-not published
Board2 names since 2003
1 director
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €35,609 to €66,143Result from €1,223 to €30,927Equity from €97,668 to €128,595Debts from €14,099 to €22,325Investments €51,838

Key points

from the 2025 annual accounts

Investments

€51,837 4.4 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Eight of the last ten came late. The 2016 accounts came latest: 60 days after the end of the period.

Position in the sector

85.2%

Higher solvency than 91% of companies in sports and recreation. Sector median 28.1% · 3,155 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as JAFAB has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 31,386 companies, not a prediction for JAFAB. 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.

Credit verdict

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Signals

Board and ownership

Director, since 08-08-2003
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0860016648
New director appointed, resigned · “L'exploitation d'un hall de sports où l'on pratique toutes sortes de sports (par exemple, gymnastique…” (deed in French) · Legal-form conversion: to private limited company · General meeting of 17-03-2020 · Gazette deed
Incorporation published on 18-08-2003 · Gazette deed
First establishment Generaal Thysstraat 12, Ixelles
All 34 events

Comparable companies

same main activity, similar in size and age
Company
JAFAB Ixelles €150,920 €66,143 85.2% -
DEVILLE-THYS Bree €145,646 €63,714 77.3% -
02 Fitness Laakdal €164,429 €60,537 -175.0% -
BodyLounge Olen €148,589 €51,986 43.6% -
SANTE-ACTIVE Bassenge €117,963 €58,456 88.0% -
ECLYPS Deinze €146,174 €49,564 -18.2% -
QUIFIT Wuustwezel €113,878 €65,523 51.1% -

These companies have the same main activity as JAFAB: fitness centres (NACE 93130). They are comparable in size and age: total assets between €114,000 and €164,000, founded between 2005 and 2007.

Official details

Source: KBO
Status
Active since 08-08-2003Normal situation
Activity
Fitness centresNACE 93130and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.132.701.7821050 Ixelles, since 08-08-2003
Financial year end
31 December
Peppol
Reachable since 26-12-2025
Company details

Annual accounts 2025

≈ €200,000estimated
€150,920▲ 35.0%
≈ 0.6 FTEestimated
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on JAFAB

JAFAB files the micro format. That format states no turnover. The gross margin rose from €66,022 in 2006 to €66,143 in 2025.

The balance sheet grew most in 2013 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JAFAB

What is the company number of JAFAB?
The company number of JAFAB is 0860.016.648. The VAT number is the same number with BE in front: BE 0860.016.648.
Where is JAFAB based?
The registered office is at Generaal Thysstraat 12, 1050 Ixelles.Company details
What does JAFAB do?
According to the KBO register, the main activity is fitness centres (NACE 93130).
What is the legal form of JAFAB?
JAFAB is a private limited company (pre-2019) (BVBA).
When was JAFAB founded?
JAFAB was founded on 08-08-2003.
Is JAFAB still active?
Yes, JAFAB is an active enterprise in the KBO register.
How many employees does JAFAB have?
JAFAB had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
Which joint committee does JAFAB fall under?
In its 2025 annual accounts, JAFAB states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of JAFAB?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €66,143 and 2,666 comparable companies of the same size. It probably lies between €130,000 and €340,000. It is a rough estimate. In financial year 2023 turnover was €289,676.
Is JAFAB profitable?
In financial year 2025, JAFAB made a profit of €30,927.
Where can I find the annual accounts of JAFAB?
JAFAB filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JAFAB due?
JAFAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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