JAG LAUNDRY
ActiveJAG LAUNDRY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €440k and a net result of €92k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+1
Solvency84▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 2.1 in 2023; short-term debt: 11.2% and cash: 21.6% of total assets), and 40.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
60 d late
2021
2 d early
2020
100 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€440k▲ 20.1%
2023 · €367k
2018: €48k
2019: €84k
2020: €153k
2021: €214k
2022: €285k
2023: €367k
2018 → 2024
Total assets
€742k▲ 5.8%
2023 · €701k
2018: €346k
2019: €365k
2020: €717k
2021: €703k
2022: €724k
2023: €701k
2018 → 2024
Net result
€92k▲ 12.7%
2023 · €82k
2018: €44k
2019: €36k
2020: €69k
2021: €61k
2022: €71k
2023: €82k
2018 → 2024
Working capital
€78k▼ 24.7%
2023 · €103k
2018: €24k
2019: €48k
2020: €65k
2021: €103k
2022: €80k
2023: €103k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€153k-€214k▲ 40.0%€285k▲ 33.3%€367k▲ 28.7%€440k▲ 20.1%
Operating result€92k-€85k▼ 8.0%€102k▲ 20.4%€126k▲ 23.7%€129k▲ 2.3%
Net result€69k-€61k▼ 10.9%€71k▲ 16.4%€82k▲ 15.1%€92k▲ 12.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €742k
Fixed assets
€582k▲ 15.3%
Current assets
€160k▼ 18.5%
Equity and liabilities €742k
Equity
€440k▲ 20.1%
Debt
€302k▼ 9.8%
The debt ratio falls from 47.7% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€185k▲
2023 · €175k
Cash flow
€148k▲
2023 · €131k
Solvency
59.3%▲
2023 · 52.3%
Current ratio
1.94▼
2023 · 2.10
Quick ratio
1.94▼
2023 · 2.10
Debt / equity
0.69▼
2023 · 0.91
ROE
21.0%▼
2023 · 22.3%
ROA
12.4%▲
2023 · 11.7%
Interest coverage
29.49▲
2023 · 28.93
Debt
€302k▼
2023 · €335k
Debt ≤ 1 year
€83k▼
2023 · €94k
Debt > 1 year
€219k▼
2023 · €241k
Income taxes
€32k▼
2023 · €38k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€701k€742k▲
Fixed assets21/28€505k€582k▲
Tangible fixed assets22/27€174k€252k▲
Plant, machinery and equipment23€50k€94k▲
Furniture and vehicles24€69k€124k▲
Leasing and similar rights25€56k€34k▼
Financial fixed assets28€330k€330k=
Current assets29/58€197k€160k▼
Cash at bank and in hand54/58€197k€160k▼
Deferred charges and accrued income490/1€243-
Equity and liabilities
Total equity and liabilities10/49€701k€742k▲
Equity10/15€367k€440k▲
Contributions10/11€19k-
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€346k€439k▲
Amounts payable17/49€335k€302k▼
Amounts payable after more than one year17€241k€219k▼
Financial debts170/4€241k€219k▼
Amounts payable within one year42/48€94k€83k▼
Current portion of amounts payable after more than one year42€78k€66k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€11k€11k▼
Taxes450/3€11k€11k▼
Other amounts payable47/48€2k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€56k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€177k€186k▲
Operating profit (loss)9901€126k€129k▲
Financial income75/76B-€985
Recurring financial income75-€985
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€120k€124k▲
Income taxes67/77€38k€32k▼
Profit (loss) for the period9904€82k€92k▲
Profit (loss) for the period to be appropriated9905€82k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€346k€439k▲
Profit (loss) brought forward from the previous period14P€264k€346k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €92k ▲12.7%
Operating result €129k, net result €92k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €214k ▲40%
4 profitable years in a row build equity to €214k.
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 100 days late
2020
31-12
Financial
Equity above €150kEq €153k ▲81.7%
3 profitable years in a row build equity to €153k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €36k ▼18.8%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mouscron · 1 establishment unit since 2016
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.
Menenstraat 3187700 MouscronGround area
372 m²
Building footprint
98 m²
Parcel 54436A0595/00M004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Menenstraat 318, 7700 Mouscron
since 20162.257.311.447
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54436A0595/00M004 | Wallonia | 372 m² | 1 · 98 m² | - |
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.
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Of 1,001 companies in sector 96102 we hold annual accounts for 460. 238 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-07-2016
Fiscal year end31-12
Activities, NACEBEL
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.