Jafrabel
ActiveJafrabel has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €966k and a net result of €50k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+16
Solvency70▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.46 in 2024; short-term debt: 18.8% and cash: 0.8% of total assets), and 55% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45%
Return on assets
2.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
36 d early
2023
44 d early
2022
41 d early
2021
33 d early
2020
32 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€966k▼ 5.5%
2024 · €1.02M
2018: €752k
2019: €749k
2020: €845k
2021: €779k
2022: €797k
2023: €1.01M
2024: €1.02M
2018 → 2025
Total assets
€2.15M▲ 7.8%
2024 · €1.99M
2018: €1.31M
2019: €1.45M
2020: €1.29M
2021: €1.80M
2022: €1.79M
2023: €2.12M
2024: €1.99M
2018 → 2025
Net result
€50k▲ 291%
2024 · €13k
2018: €95k
2019: €42k
2020: €82k
2021: €-67k
2022: €18k
2023: €212k
2024: €13k
2018 → 2025
Working capital
€-117k▼ 119%
2024 · €-53k
2018: €64k
2019: €188k
2020: €136k
2021: €-298k
2022: €-216k
2023: €-82k
2024: €-53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€779k-€797k▲ 2.3%€1.01M▲ 26.6%€1.02M▲ 1.3%€966k▼ 5.5%
Operating result€-73k-€48k€284k▲ 488%€56k▼ 80.2%€126k▲ 126%
Net result€-67k-€18k€212k▲ 1,072%€13k▼ 93.9%€50k▲ 291%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 126% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.15M
Fixed assets
€1.86M▼ 4.4%
Current assets
€287k▲ 538%
Equity and liabilities €2.15M
Equity
€966k▼ 5.5%
Provisions
€88k▼ 7.2%
Debt
€1.09M▲ 24.9%
The debt ratio rises from 44.0% to 50.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€196k▲
2024 · €149k
Cash flow
€120k▲
2024 · €106k
Solvency
45.0%▼
2024 · 51.3%
Current ratio
0.71▲
2024 · 0.46
Quick ratio
0.71▲
2024 · 0.46
Debt / equity
1.13▲
2024 · 0.86
ROE
5.2%▲
2024 · 1.3%
ROA
2.3%▲
2024 · 0.6%
Interest coverage
6.28▲
2024 · 4.37
Debt
€1.09M▲
2024 · €876k
Debt ≤ 1 year
€404k▲
2024 · €98k
Debt > 1 year
€687k▼
2024 · €765k
Income taxes
€52k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.99M€2.15M▲
Fixed assets21/28€1.95M€1.86M▼
Tangible fixed assets22/27€1.95M€1.86M▼
Land and buildings22€1.95M€1.86M▼
Current assets29/58€45k€287k▲
Amounts receivable within one year40/41€0€253k▲
Trade receivables40€0€1k▲
Other amounts receivable41€0€252k▲
Cash at bank and in hand54/58€39k€17k▼
Deferred charges and accrued income490/1€6k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.99M€2.15M▲
Equity10/15€1.02M€966k▼
Contributions10/11€204k€204k=
Reserves13€792k€735k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€285k€265k▼
Distributable reserves133€506k€470k▼
Profit (loss) carried forward14€27k€28k▲
Provisions and deferred taxes16€95k€88k▼
Deferred taxes168€95k€88k▼
Amounts payable17/49€876k€1.09M▲
Amounts payable after more than one year17€765k€687k▼
Financial debts170/4€765k€687k▼
Other amounts payable178/9€220€120▼
Amounts payable within one year42/48€98k€404k▲
Current portion of amounts payable after more than one year42€77k€78k▲
Financial debts43-€135k
Credit institutions430/8-€135k
Trade debts44€959€1k▲
Suppliers440/4€959€1k▲
Taxes, remuneration and social security45€15k€30k▲
Taxes450/3€15k€30k▲
Other amounts payable47/48€5k€159k▲
Accrued charges and deferred income492/3€13k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€30k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€70k▼
Other operating charges640/8€16k€16k▲
Gross operating margin9900€164k€212k▲
Operating profit (loss)9901€56k€126k▲
Financial income75/76B€1€66▲
Recurring financial income75€1€66▲
Non-recurring financial income76B€0-
Financial charges65/66B€34k€31k▼
Recurring financial charges65€34k€31k▼
Profit (loss) for the period before taxes9903€22k€95k▲
Transfer from deferred taxes780€5k€7k▲
Transfer to deferred taxes680€0-
Income taxes67/77€14k€52k▲
Profit (loss) for the period9904€13k€50k▲
Transfer from tax-exempt reserves789€14k€21k▲
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€27k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€98k▲
Profit (loss) brought forward from the previous period14P€26k€27k▲
Transfer from equity791/2-€106k
Transfer to equity691/2€27k€70k▲
To other reserves6921€27k€70k▲
Profit to be distributed694/7-€106k
Return on contributions (dividend)694-€106k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €212k ▲1072%
Operating result €284k, net result €212k, both a record.
31-12
Financial
Equity above €1MEq €1.01M ▲26.6%
2 profitable years in a row build equity to €1.01M.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-67k ▼181%
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Oostende · 1 establishment unit since 1997
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.
Jozef II-straat 458400 OostendeGround area
833 m²
Building footprint
833 m²
Volume, LiDAR
11,877 m³
Parcel 35013A1375/00B000, Flanders · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Jafrabel
since 19972.082.254.062
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1375/00B000 | Flanders | 832 m² | 1 · 832 m² | 23.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DEVELOPERS-GROUP SA
BE 0863.822.315
Elsene · Eq €965k
SofiCo
BE 0635.680.491
Halen · Eq €967k
MURS D'ARTAN
BE 0837.137.813
Schaarbeek · Eq €965k
IMMO JODI
BE 0661.570.583
Lennik · Eq €967k
PELGRIMS
BE 0452.223.896
Begijnendijk · Eq €965k
Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 4,845 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-1997
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70120
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.