JALACO PROJECTS
ActiveThe computed 12-month bankruptcy probability of JALACO PROJECTS is 1.8% (moderate). The 2025 annual accounts show equity of €13k and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 13044 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical▼ -31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency5▲+2
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.54 in 2024), and 97.3% 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+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.7%
Return on assets
-1.2%
Age of the figures
8 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 filingsDeviation from the deadline
2025
18 d late
2024
40 d late
2023
on the day
2022
25 d early
2021
33 d early
2020
27 d late
2019
23 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▼ 31.1%
2024 · €19k
2018: €50k
2019: €52k
2020: €-11k
2021: €7k
2022: €-4k
2023: €355
2024: €19k
2018 → 2025
Total assets
€499k▼ 6.7%
2024 · €535k
2018: €142k
2019: €147k
2020: €402k
2021: €761k
2022: €697k
2023: €616k
2024: €535k
2018 → 2025
Net result
€-6k
2024 · €19k
2018: €11k
2019: €2k
2020: €-63k
2021: €18k
2022: €-11k
2023: €4k
2024: €19k
2018 → 2025
Working capital
€-47k▲ 3.1%
2024 · €-49k
2018: €12k
2019: €13k
2020: €136k
2021: €-160k
2022: €-129k
2023: €-123k
2024: €-49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€-4k€355€19k▲ 5,333%€13k▼ 31.1%
Operating result€24k-€-5k€16k€26k▲ 64.4%€3k▼ 87.8%
Net result€18k-€-11k€4k€19k▲ 329%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €499k
Fixed assets
€419k▼ 12.4%
Current assets
€80k▲ 41.3%
Equity and liabilities €499k
Equity
€13k▼ 31.1%
Debt
€486k▼ 5.8%
The debt ratio rises from 96.4% to 97.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€98k▼
2024 · €131k
Cash flow
€88k▼
2024 · €124k
Solvency
2.7%▼
2024 · 3.6%
Current ratio
0.63▲
2024 · 0.54
Quick ratio
0.41▲
2024 · 0.29
Debt / equity
36.60▲
2024 · 26.74
ROE
-45.2%▼
2024 · 98.2%
ROA
-1.2%▼
2024 · 3.5%
Interest coverage
10.69▼
2024 · 17.31
Debt
€486k▼
2024 · €516k
Debt ≤ 1 year
€127k▲
2024 · €105k
Debt > 1 year
€358k▼
2024 · €410k
Income taxes
€91▼
2024 · €122
Staff costs
€112k▲
2024 · €87k
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€535k€499k▼
Formation expenses20€0€0=
Fixed assets21/28€478k€419k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€478k€419k▼
Plant, machinery and equipment23€37k€30k▼
Furniture and vehicles24€45k€34k▼
Leasing and similar rights25€151k€137k▼
Other tangible fixed assets26€245k€218k▼
Financial fixed assets28€175€175=
Current assets29/58€57k€80k▲
Stocks and contracts in progress3€27k€27k▲
Stocks30/36€27k€27k▲
Amounts receivable within one year40/41€9k€12k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€19k€20k▲
Deferred charges and accrued income490/1€2k€20k▲
Equity and liabilities
Total equity and liabilities10/49€535k€499k▼
Equity10/15€19k€13k▼
Contributions10/11€19k€19k=
Reserves13€12k€12k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-11k€-17k▼
Amounts payable17/49€516k€486k▼
Amounts payable after more than one year17€410k€358k▼
Financial debts170/4€410k€358k▼
Amounts payable within one year42/48€105k€127k▲
Current portion of amounts payable after more than one year42€38k€38k▼
Trade debts44€5k€21k▲
Suppliers440/4€5k€21k▲
Taxes, remuneration and social security45€16k€25k▲
Taxes450/3€13k€11k▼
Remuneration and social security454/9€3k€14k▲
Other amounts payable47/48€46k€44k▼
Accrued charges and deferred income492/3-€330
Income statement
Code20242025
Non-recurring operating income76A-€18k
Remuneration, social security and pensions62€87k€112k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€95k▼
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A€2k€7k▲
Gross operating margin9900€225k€218k▼
Operating profit (loss)9901€26k€3k▼
Financial income75/76B€429€33▼
Recurring financial income75€429€33▼
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€19k€-6k▼
Income taxes67/77€122€91▼
Profit (loss) for the period9904€19k€-6k▼
Profit (loss) for the period to be appropriated9905€19k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-17k▼
Profit (loss) brought forward from the previous period14P€-30k€-11k▲
The notes to these accounts (12 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Highest result since 2018net €19k ▲329%
Operating result €26k, net result €19k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-63k ▼3988%
Net result drops to €-63k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 2.71
Current ratio from 1.19 to 2.71.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
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
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, Geraardsbergen · 1 establishment unit since 2015
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.
Goeferdingeplein(Goe) 219500 GeraardsbergenGround area
478 m²
Building footprint
130 m²
Volume, LiDAR
568 m³
Parcel 41021A0630/00D000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
L'HISTOIRE 32
since 20152.239.951.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41021A0630/00D000 | Flanders | 478 m² | 1 · 130 m² | 8.1 m · 2 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 siteGeraardsbergen2.239.951.912
Similar companies · same sector, comparable size
De Zoete Zonde, Munte
BE 0899.121.110
Merelbeke-Melle · Eq €13k
La Bottega Italiana
BE 0682.764.984
Tervuren · Eq €13k
Restoreno
BE 0889.718.642
Antwerpen · Eq €13k
BRISEE
BE 0475.821.820
Beveren-Kruibeke-Zwijndrecht · Eq €13k
ROUGE BORDEAUX
BE 0801.215.149
Grez-Doiceau · Eq €13k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 7,759 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.