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JAG Food

Active
Private limited companyfounded 2024active for 2 yearsDefacqzstraat 58, 1050 Elsene, BelgiumKBO/BCE: BE 1012.322.682
Summary

The computed 12-month bankruptcy probability of JAG Food is 3.4% (moderate). The 2025 annual accounts show equity of €46,601 and a net result of €28,891. Its solvency ranks better than 43% of 4,798 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-08-2024 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.362.709.865 1050 Elsene, since 08-08-2024
Financial year end
31 December
Peppol
Reachable since 18-02-2026

Board and ownership

Board

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.4%
Annual accounts 2025
Gross margin
€134,701
Turnover
≈ €420,000
estimated
Profit
€28,891
Equity
€46,601
▲ 163%
Total assets
€197,918
▲ 59.9%
Employees on 31-12-2025
3
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskFounded in 2024Sector: Food and beverage service activities (NACE 56)Size: 2.1 FTE, total assets €197,918lowers riskLiquidity: current ratio 1.34, cash €62,318Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 73% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 49+10
equity 23.5% of total assets
Liquidity 76-23
short-term debt 31.4% · cash 31.5%
Profitability 87+71
return on assets 14.6%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 09-2025: 1.6% 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025lowest value 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.7%▲ +0.1 percentage points vs 02-2026 04-2026: 1.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%▼ -0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +0.6 percentage points vs 07-2026 09-2026: 3.4%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 3.4%● unchanged vs 09-2026highest value 11-2026: 3.4%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (5.58 in 2024), below the usual 1.5. Short-term debt is 31.4% and cash 31.5% of total assets. 76.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 45% of them on solvency, 79% on liquidity, 75% on profitability and 93% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: 2.1 FTE, total assets €197,918
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.34, cash €62,318
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
64 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 17 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €20,000 · Appointment: Géry VAN PETEGHEM (director)
All 4 events

Comparable companies

These companies have the same main activity as JAG Food: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €150,000 and €308,000, founded between 2023 and 2025.

CompanyTotal assetsGross margin
JAG Food Elsene€197,918€134,701
Ferme Bonair Braine-l'Alleud€222,970€133,417
Citta Horeca Genk€195,552€136,723
PULPE.KUURNE Mouscron€307,897€137,851
FBC EVENT Estinnes€201,205€197,777
PIZZA DELIVERY SINT-KRUIS BRUGGE Brugge€278,876€197,045
Jonik PH Brugge€150,484€131,175
Full comparison

Key facts about JAG Food

What is the company number of JAG Food?
The company number of JAG Food is 1012.322.682. The VAT number is the same number with BE in front: BE 1012.322.682.
Where is JAG Food based?
The registered office is at Defacqzstraat 58, 1050 Elsene.Company details
What does JAG Food do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of JAG Food?
The legal form of JAG Food is Private limited company (BV).
When was JAG Food founded?
JAG Food was founded on 08-08-2024.
Is JAG Food still active?
Yes, JAG Food is an active enterprise in the KBO register.
How many employees does JAG Food have?
JAG Food had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does JAG Food fall under?
In its 2025 annual accounts, JAG Food states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of JAG Food?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €134,701 and 99 comparable companies (NACE 56112). It probably lies between €320,000 and €520,000.
Is JAG Food profitable?
In financial year 2025, JAG Food made a profit of €28,891.
Where can I find the annual accounts of JAG Food?
JAG Food filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JAG Food due?
JAG Food must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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