JAG Food
ActiveThe computed 12-month bankruptcy probability of JAG Food is 6.9% (elevated). The 2025 annual accounts show equity of €47k and a net result of €29k. Its solvency ranks better than 44% of 3619 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+71
Solvency49▲+10
Growth78
Track record82
Bankruptcy probability, 12 months
6.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.34 against 5.58 in 2024; short-term debt: 31.4% and cash: 31.5% of total assets), and 76.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
23.5%
Return on assets
14.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
64 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, abbreviated schema
Equity
€47k▲ 163%
2024 · €18k
2024: €18k
2024 → 2025
Total assets
€198k▲ 59.9%
2024 · €124k
2024: €124k
2024 → 2025
Net result
€29k
2024 · €-2k
2024: €-2k
2024 → 2025
Working capital
€21k▼ 67.2%
2024 · €64k
2024: €64k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€18k-€47k▲ 163%
Operating result€-2k-€34k
Net result€-2k-€29k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €34k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198k
Fixed assets
€115k▲ 153%
Current assets
€83k▲ 6.2%
Equity and liabilities €198k
Equity
€47k▲ 163%
Debt
€151k▲ 42.7%
The debt ratio falls from 85.7% to 76.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €-1k
Cash flow
€41k▲
2024 · €-1k
Solvency
23.5%▲
2024 · 14.3%
Current ratio
1.34▼
2024 · 5.58
Quick ratio
1.34▼
2024 · 5.58
Debt / equity
3.25▼
2024 · 5.99
ROE
62.0%▲
2024 · -12.9%
ROA
14.6%▲
2024 · -1.9%
Interest coverage
13.58▲
2024 · -4.03
Debt
€151k▲
2024 · €106k
Debt ≤ 1 year
€62k▲
2024 · €14k
Debt > 1 year
€89k▼
2024 · €92k
Income taxes
€2k
Staff costs
€88k
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€124k€198k▲
Fixed assets21/28€45k€115k▲
Intangible fixed assets21€12k€11k▼
Tangible fixed assets22/27€27k€96k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24-€3k
Other tangible fixed assets26€27k€90k▲
Financial fixed assets28€7k€8k▲
Current assets29/58€78k€83k▲
Amounts receivable within one year40/41€24k€20k▼
Trade receivables40€21k€20k▼
Other amounts receivable41€3k-
Cash at bank and in hand54/58€54k€62k▲
Deferred charges and accrued income490/1€453€1k▲
Equity and liabilities
Total equity and liabilities10/49€124k€198k▲
Equity10/15€18k€47k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-2k€27k▲
Amounts payable17/49€106k€151k▲
Amounts payable after more than one year17€92k€89k▼
Financial debts170/4€63k€48k▼
Other amounts payable178/9€29k€41k▲
Amounts payable within one year42/48€14k€62k▲
Current portion of amounts payable after more than one year42€14k€16k▲
Trade debts44€251€19k▲
Suppliers440/4€251€19k▲
Taxes, remuneration and social security45-€28k
Taxes450/3-€13k
Remuneration and social security454/9-€15k
Income statement
Code20242025
Remuneration, social security and pensions62-€88k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€900€12k▲
Gross operating margin9900€-1k€135k▲
Operating profit (loss)9901€-2k€34k▲
Financial charges65/66B€276€3k▲
Recurring financial charges65€276€3k▲
Profit (loss) for the period before taxes9903€-2k€31k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-2k€29k▲
Profit (loss) for the period to be appropriated9905€-2k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€27k▲
Profit (loss) brought forward from the previous period14P-€-2k
Social balance
Average headcount (FTE)9087-2.1
The notes to these accounts (13 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 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2024
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.
Defacqzstraat 581050 ElseneGround area
103 m²
Building footprint
103 m²
Volume, LiDAR
1,378 m³
Parcel 21447B0212/00V003, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
JAG Food
since 20242.362.709.865
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0212/00V003 | Brussels | 103 m² | 1 · 103 m² | 18.9 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.362.709.865
Similar companies · same sector, comparable size
VINISCO
BE 1003.629.504
Elsene · Eq €47k
’t Gouden Moment
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Zandhoven · Eq €47k
FRIET EN CO
BE 0886.532.191
Schoten · Eq €47k
VINO
BE 0475.808.061
Antwerpen · Eq €47k
BAKERLY
BE 0712.757.186
Wommelgem · Eq €47k
Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 8,423 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2024
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.