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JAIANCO

Active
Foreign entityfounded 201213 yrs activeDMCC BUSIN ESS CENTRE LEVEL 1 3, 00000 Dubai, United Arab EmiratesKBO/BCE: BE 0849.418.211
Summary

For the legal form of JAIANCO, Checked does not compute a bankruptcy probability. For JAIANCO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €8.6m and a net result of -€5.0m. Equity is growing by ~8.4% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability0▼-58
Solvency100▲+4
Growth35▼-1
Track record100
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 243 days later.
NBB · 10 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 10-02-2025, 10 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
10 d late
2023
23 d late
2022
6 d early
2021
46 d late
2020
59 d late
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 22 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 October 2012, JAIANCO was incorporated.1 Revenue went from EUR 43 million in 2019 to EUR 18 million in 2024 and headcount from 1.1 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€18.3m▼ 37.8%
2023 · €29.4m
EBIT margin
-27.7%▼ 29.8pp
2023 · 2.0%
Net result
-€5.0m
2023 · €557,834
Working capital
€8.5m▼ 36.7%
2023 · €13.4m
Trend over the years
In euros
In per cent
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€15.1m▼ 64.9%€54.3m▲ 259%€83.0m▲ 52.7%€29.4m▼ 64.6%€18.3m▼ 37.8%
Operating result€1.3m▼ 45.0%€154,771▼ 88.1%€5.7m▲ 3,605%€593,237▼ 89.7%-€5.1m
Net result€1.3m▼ 43.8%€91,295▼ 92.8%€5.6m▲ 6,011%€557,834▼ 90.0%-€5.0m
EBIT margin8.6%▲ 3.1pp0.3%▼ 8.3pp6.9%▲ 6.6pp2.0%▼ 4.9pp-27.7%▼ 29.8pp
Equity€7.3m▲ 20.7%€7.4m▲ 1.2%€13.0m▲ 74.3%€13.5m▲ 4.3%€8.6m▼ 36.7%
Total assets€8.2m▲ 0.5%€9.5m▲ 15.6%€16.7m▲ 75.8%€19.1m▲ 14.6%€10.4m▼ 45.6%
Debt€857,549▼ 58.7%€2.0m▲ 138%€3.7m▲ 81.2%€5.6m▲ 50.6%€1.8m▼ 67.1%
Working capital€7.3m▼ 3.6%€7.4m▲ 1.3%€12.9m▲ 74.6%€13.4m▲ 4.0%€8.5m▼ 36.7%
Staff (FTE)1▼ 9.1%1=1=1=1=
Result per fiscal year
Operating resultNet result
-€10.0m-€5.0m€0€5.0mOperating result 2020: €1.3m€1.3mNet result 2020: €1.3m€1.3mOperating result 2021: €154,771€154,771Net result 2021: €91,295€91,295Operating result 2022: €5.7m€5.7mNet result 2022: €5.6m€5.6mOperating result 2023: €593,237€593,237Net result 2023: €557,834€557,834Operating result 2024: -€5.1m-€5.1mNet result 2024: -€5.0m-€5.0m20202021202220232024-€10m-€5m€0€5mOperating result 2022: €5.7m€5.7mNet result 2022: €5.6m€5.6mOperating result 2023: €593,237€593,000Net result 2023: €557,834€558,000Operating result 2024: -€5.1m-€5.1mNet result 2024: -€5.0m-€5m202220232024
The operating result turns negative in 2024: a loss of €5.1m after €593,237 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.4m
Fixed assets €70,267 ▼ 27.9%
Current assets €10.3m ▼ 45.6%
Equity and liabilities €10.4m
Equity €8.6m ▼ 36.7%
Debt €1.8m ▼ 67.1%
Debt's share of the balance-sheet total falls from 29.2% to 17.6%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€5.0m▼
2023 · €604,920
Cash flow
-€4.9m▼
2023 · €569,517
Current ratio
5.64▲
2023 · 3.41
Quick ratio
4.11▲
2023 · 1.25
Debt to equity
0.21▼
2023 · 0.41
ROE
-57.9%▼
2023 · 4.1%
ROA
-47.7%▼
2023 · 2.9%
Interest coverage
-1096779.93▼
2023 · 277.80
Debt ≤ 1 year
€1.8m▼
2023 · €5.6m
Income taxes
€560▼
2023 · €61,652
Staff costs
€40,227▼
2023 · €41,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 64 lines
Balance sheet Code20232024
Assets
Total assets20/58€19.1m€10.4m▼
Fixed assets21/28€97,446€70,267▼
Tangible fixed assets22/27€87,446€60,267▼
Plant, machinery and equipment23€32,789€24,262▼
Furniture and vehicles24€54,658€36,005▼
Financial fixed assets28€10,000€10,000=
Other financial fixed assets284/8€10,000€10,000=
Amounts receivable and cash guarantees285/8€10,000€10,000=
Current assets29/58€19.0m€10.3m▼
Stocks and contracts in progress3€12.1m€2.8m▼
Stocks30/36€12.1m€2.8m▼
Goods purchased for resale34€12.1m€2.8m▼
Amounts receivable within one year40/41€4.3m€3.3m▼
Trade receivables40€4.3m€3.3m▼
Other amounts receivable41€16,172€9,732▼
Cash at bank and in hand54/58€2.6m€4.2m▲
Deferred charges and accrued income490/1€16,439€14,678▼
Equity and liabilities
Total equity and liabilities10/49€19.1m€10.4m▼
Equity10/15€13.5m€8.6m▼
Contributions10/11€400,238€400,238=
Reserves13€13.1m€13.1m=
Non-distributable reserves130/1€40,024-
Reserves not available under the articles1311€40,024-
Distributable reserves133€13.1m€13.1m▲
Profit (loss) carried forward14--€5.0m
Amounts payable17/49€5.6m€1.8m▼
Amounts payable within one year42/48€5.6m€1.8m▼
Trade debts44€5.4m€1.7m▼
Suppliers440/4€5.4m€1.7m▼
Taxes, remuneration and social security45€72,963€37,594▼
Taxes450/3€66,692€14,668▼
Remuneration and social security454/9€6,271€22,926▲
Other amounts payable47/48€92,326€65,244▼
Accrued charges and deferred income492/3€1,422€881▼
Income statement Code20232024
Operating income70/76A€29.4m€18.4m▼
Turnover70€29.4m€18.3m▼
Other operating income74€28,117€157,811▲
Operating charges60/66A€28.8m€23.5m▼
Goods for resale, raw materials and consumables60€28.3m€21.6m▼
Purchases600/8€32.8m€12.3m▼
Change in stocks: decrease (increase)609-€4.5m€9.3m▲
Services and other goods61€432,324€361,209▼
Remuneration, social security and pensions62€41,212€40,227▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,683€27,179▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1.5m
Other operating charges640/8€4,569€3,815▼
Operating profit (loss)9901€593,237-€5.1m▼
Financial income75/76B€45,869€132,018▲
Recurring financial income75€45,869€132,018▲
Other financial income752/9€45,869€132,018▲
Financial charges65/66B€19,621€17,645▼
Recurring financial charges65€19,621€17,645▼
Debt charges650€2,178€5▼
Other financial charges652/9€17,443€17,640▲
Profit (loss) for the period before taxes9903€619,486-€5.0m▼
Income taxes67/77€61,652€560▼
Taxes670/3€61,652€562▼
Tax adjustments and reversals of tax provisions77-€2
Profit (loss) for the period9904€557,834-€5.0m▼
Profit (loss) for the period to be appropriated9905€557,834-€5.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906€557,834-€5.0m▼
Transfer to equity691/2€557,834-
To other reserves6921€557,834-
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A--€83.0m€29.4m€18.4m▼ 37.3%
Turnover70€15.1m€54.3m€83.0m€29.4m€18.3m▼ 37.8%
Other operating income74--€3,741€28,117€157,811▲ 461%
Operating charges60/66A--€77.2m€28.8m€23.5m▼ 18.4%
Goods for resale, raw materials and consumables60--€75.5m€28.3m€21.6m▼ 23.9%
Purchases600/8--€76.6m€32.8m€12.3m▼ 62.5%
Change in stocks: decrease (increase)609---€1.1m-€4.5m€9.3m▲ 306%
Services and other goods61--€1.6m€432,324€361,209▼ 16.4%
Remuneration, social security and pensions62--€43,082€41,212€40,227▼ 2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,681€8,155€11,937€11,683€27,179▲ 133%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€12,443-€1.5m-
Other operating charges640/8--€20,678€4,569€3,815▼ 16.5%
Operating profit (loss)9901€1.3m€154,771€5.7m€593,237-€5.1m▼ 955%
Financial income75/76B--€9,690€45,869€132,018▲ 188%
Recurring financial income75€18,292€3,007€9,690€45,869€132,018▲ 188%
Other financial income752/9--€9,690€45,869€132,018▲ 188%
Financial charges65/66B--€17,556€19,621€17,645▼ 10.1%
Recurring financial charges65€27,900€22,229€17,556€19,621€17,645▼ 10.1%
Debt charges650€3,037€1,893€40€2,178€5▼ 99.8%
Other financial charges652/9--€17,516€17,443€17,640▲ 1.1%
Profit (loss) for the period before taxes9903€1.3m€135,550€5.7m€619,486-€5.0m▼ 900%
Income taxes67/77€29,809€44,255€147,840€61,652€560▼ 99.1%
Taxes670/3--€147,840€61,652€562▼ 99.1%
Tax adjustments and reversals of tax provisions77----€2-
Profit (loss) for the period9904€1.3m€91,295€5.6m€557,834-€5.0m▼ 989%
Profit (loss) for the period to be appropriated9905€1.3m€91,295€5.6m€557,834-€5.0m▼ 989%
Line20202021202220232024Change
Assets
Total assets20/58€8.2m€9.5m€16.7m€19.1m€10.4m▼ 45.6%
Fixed assets21/28€44,832€43,431€52,110€97,446€70,267▼ 27.9%
Tangible fixed assets22/27€34,832€33,431€42,110€87,446€60,267▼ 31.1%
Plant, machinery and equipment23--€26,576€32,789€24,262▼ 26.0%
Furniture and vehicles24--€15,534€54,658€36,005▼ 34.1%
Financial fixed assets28€10,000€10,000€10,000€10,000€10,000=
Other financial fixed assets284/8--€10,000€10,000€10,000=
Amounts receivable and cash guarantees285/8--€10,000€10,000€10,000=
Current assets29/58€8.2m€9.4m€16.6m€19.0m€10.3m▼ 45.6%
Stocks and contracts in progress3€1.6m€6.5m€7.6m€12.1m€2.8m▼ 76.8%
Stocks30/36--€7.6m€12.1m€2.8m▼ 76.8%
Goods purchased for resale34--€7.6m€12.1m€2.8m▼ 76.8%
Amounts receivable within one year40/41€2.0m€890,331€970,938€4.3m€3.3m▼ 22.7%
Trade receivables40--€931,930€4.3m€3.3m▼ 22.6%
Other amounts receivable41--€39,008€16,172€9,732▼ 39.8%
Cash at bank and in hand54/58€4.6m€2.0m€8.1m€2.6m€4.2m▲ 59.0%
Deferred charges and accrued income490/1--€7,908€16,439€14,678▼ 10.7%
Equity and liabilities
Total equity and liabilities10/49€8.2m€9.5m€16.7m€19.1m€10.4m▼ 45.6%
Equity10/15€7.3m€7.4m€13.0m€13.5m€8.6m▼ 36.7%
Contributions10/11--€400,238€400,238€400,238=
Reserves13€6.9m€7.0m€12.6m€13.1m€13.1m=
Non-distributable reserves130/1--€40,024€40,024--
Reserves not available under the articles1311--€40,024€40,024--
Distributable reserves133--€12.5m€13.1m€13.1m▲ 0.3%
Profit (loss) carried forward14-----€5.0m-
Amounts payable17/49€857,549€2.0m€3.7m€5.6m€1.8m▼ 67.1%
Amounts payable within one year42/48€857,517€2.0m€3.7m€5.6m€1.8m▼ 67.2%
Trade debts44€749,054€1.9m€3.4m€5.4m€1.7m▼ 68.1%
Suppliers440/4--€3.4m€5.4m€1.7m▼ 68.1%
Taxes, remuneration and social security45--€157,129€72,963€37,594▼ 48.5%
Taxes450/3--€151,727€66,692€14,668▼ 78.0%
Remuneration and social security454/9--€5,403€6,271€22,926▲ 266%
Other amounts payable47/48--€124,800€92,326€65,244▼ 29.3%
Accrued charges and deferred income492/3--€1,297€1,422€881▼ 38.1%
Line20202021202220232024Change
Profit (loss) for the period9904€1.3m€91,295€5.6m€557,834-€5.0m▼ 989%
+ Depreciation and write-downs630€8,681€8,155€11,937€11,683€27,179▲ 133%
Operating cash flow (approximation)€1.3m€99,450€5.6m€569,517-€4.9m▼ 966%
Investment in fixed assets (approximation)--€6,754-€20,616-€57,019€0▲ 100%
Change in cash--€2.5m€6.0m-€5.5m€1.6m▲ 129%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
10-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 10 days late
2024
30-06
Financial Weakest financial yearnet -€5.0m
Net result drops to -€5.0m, the lowest in the series.
23-02
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
25-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial Highest result since 2019net €5.6m ▲6,011%
Operating result €5.7m, net result €5.6m, both a record.
30-06
Financial Equity above €10mEq €13.0m ▲74.3%
4 profitable years in a row build equity to €13.0m.
18-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 46 days late
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
29-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
02-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
16-02
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2016
02-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
14-12
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 4,800 EUR awarded · 4,800 EUR paid
Year Entries awardedpaid
2025 1 0 EUR549 EUR
2024 1 4,800 EUR4,251 EUR
Schemes
2 entries · 4,800 EUR · 4,800 EUR paid · Fonds voor Innoveren en Ondernemen

Company details

Identification
Legal formForeign entity
Founded01-10-2012
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

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