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James

Active
Private limited companyfounded 2020active for 6 yearsAlbert Leemansplein 19, 1050 Ixelles, BelgiumKBO/BCE: BE 0753.893.403
Summary

The computed 12-month bankruptcy probability of James is 1.6% (moderate). The 2024 annual accounts show equity of €372,875 and a net result of €251,013. Equity has been growing by about 82% per year since 2020. Its solvency ranks better than 29% of 8,791 sector peers (NACE 73, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 10-09-2020 Normal situation
Activity
Public relations and communication consultancy NACE 73300and 1 other
Establishment unit
2.306.948.723 1050 Ixelles, since 10-09-2020
Financial year end
31 December
Peppol
Reachable since 21-09-2026

Board and ownership

Board
  • STEPHEN JAMESDirector · since 10-09-2020

Financial position

57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2024
Gross margin
€357,402
▲ 632%
Turnover
≈ €690,000
estimated
Profit
€251,013
▲ 13×
Equity
€372,875
▲ 206%
Total assets
€1.3m
▲ 785%
Staff
≈ 0.6 FTE
estimated
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 06-01-2026)1 financial year not filed after the legal deadline; last filed accounts filed 159 days late; 3 of the last 3 accounts latelowers riskSector: Advertising, market research and public relations activities (NACE 73)Size: total assets €1.3mShow the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 67% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2023
Strong
Solvency 54-46
equity 29.5% of total assets
Liquidity 76-21
short-term debt 10.0% · cash 20.8%
Profitability 94+22
return on assets 19.8%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,229 companies, NACE 73, micro)
Last 24 months 12-2024: 3.6% 01-2025: 4.9%▲ +1.3 percentage points vs 12-2024 02-2025: 4.9%● unchanged vs 01-2025 03-2025: 5.0%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 0.8%▼ -4.2 percentage points vs 03-2025 05-2025: 0.9%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.4%▲ +0.6 percentage points vs 07-2025 09-2025: 1.7%▲ +0.3 percentage points vs 08-2025 10-2025: 2.9%▲ +1.2 percentage points vs 09-2025 11-2025: 2.7%▼ -0.2 percentage points vs 10-2025 12-2025: 3.3%▲ +0.6 percentage points vs 11-2025 01-2026: 4.3%▲ +1.0 percentage point vs 12-2025 02-2026: 0.3%▼ -4.0 percentage points vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.7 percentage points vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 9.95 (6.68 in 2023), above the usual 1.5. Short-term debt is 10% and cash 20.8% of total assets. However, 70.5% 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 73, micro). It does better than 33% of them on solvency, 68% on liquidity, 71% on profitability and 96% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 06-01-2026)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 159 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 159 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-01-2026, 159 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
159 days late
2023
233 days late
2022
220 days late
2020
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 140 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.

Annual accounts 2024 filed on 06-01-2026 PDF all 4 filings

Turnover
≈ €690,000
Estimated: probably between €480,000 and €910,000
Total assets
€1.3m▲ 785%
2023 · €142,911
Net result
€251,013▲ 13×
2023 · €19,486
Working capital
€1.1m▲ 851%
2023 · €119,513
Multi-year overview
2020 to 2024, 4 financial years
Operating result
€333,712
▲ 872% 2024
20202024
Net result
€251,013
▲ 13× 2024
highest quarter of the sector
20202024
Equity
€372,875
▲ 206% 2024
highest quarter of the sector
20202024
Total assets
€1.3m
▲ 785% 2024
highest quarter of the sector
20202024
Debt
€891,901
▲ 42× 2024
20202024
Working capital
€1.1m
▲ 851% 2024
highest quarter of the sector
20202024
Solvency
29.5%
▼ 55.8pp 2024
middle half of the sector
20202024
Current ratio
9.95
▲ 3.28 2024
highest quarter of the sector
20202024
Return on assets (ROA)
19.8%
▲ 6.2pp 2024
middle half of the sector
20202024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2020202220232024
Operating result€0.04m-€0.03m-€0.03m▲ 15.3%€0.3m▲ 872%
Net result€0.03mwithin the sector's middle half-€0.02mwithin the sector's middle half-€0.02mwithin the sector's middle half▼ 2.5%€0.3mabove the sector's middle half▲ 13×
Equity€0.03mwithin the sector's middle half-€0.1mwithin the sector's middle half-€0.1mwithin the sector's middle half▲ 19.0%€0.4mabove the sector's middle half▲ 206%
Total assets€0.05mbelow the sector's middle half-€0.1mwithin the sector's middle half-€0.1mwithin the sector's middle half▲ 28.7%€1.3mabove the sector's middle half▲ 785%
Debt€0.01m-€0.009m-€0.02m▲ 144%€0.9m▲ 42×
Working capital€0.03mwithin the sector's middle half-€0.1mwithin the sector's middle half-€0.1mabove the sector's middle half▲ 18.0%€1.1mabove the sector's middle half▲ 851%
Solvency69.8%within the sector's middle half-92.2%above the sector's middle half-85.3%above the sector's middle half▼ 7.0pp29.5%within the sector's middle half▼ 55.8pp
Current ratio3.22within the sector's middle half-12.73above the sector's middle half-6.68above the sector's middle half▼ 6.059.95above the sector's middle half▲ 3.28
Return on assets (ROA)59.4%above the sector's middle half-18.0%within the sector's middle half-13.6%within the sector's middle half▼ 4.4pp19.8%within the sector's middle half▲ 6.2pp
above within below The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is 9.7 times that of 2023 and the highest since 2020. It is the second rise in a row.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets €1,652 ▼ 29.7%
Current assets €1.3m ▲ 799%
Equity and liabilities €1.3m
Equity €372,875 ▲ 206%
Debt €891,901 ▲ 42×
Debt's share of the balance-sheet total rises from 14.7% to 70.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€334,409
Cash flow
€251,710
Debt to equity
2.39▲
2023 · 0.17
ROE
67.3%▲
2023 · 16.0%
Interest coverage
67.37
Debt ≤ 1 year
€126,901▲
2023 · €21,049
Debt > 1 year
€765,000
Income taxes
€77,760▲
2023 · €12,839
Staff costs
€20,491▲
2023 · €12,502
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202220232024
Tangible fixed assets-€1,222-
Depreciation and write-downs of the year€161-€697

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€0.1m€1.3m▲
Fixed assets21/28€0.002m€0.002m▼
Tangible fixed assets22/27€0.002m€0.002m▼
Furniture and vehicles24€0.002m€0.002m▼
Current assets29/58€0.1m€1.3m▲
Amounts receivable after more than one year29-€0.8m
Other amounts receivable291-€0.8m
Amounts receivable within one year40/41€0.08m€0.2m▲
Trade receivables40€0.07m€0.2m▲
Other amounts receivable41€0.01m€0.01m=
Cash at bank and in hand54/58€0.06m€0.3m▲
Deferred charges and accrued income490/1€0.001m€0.001m=
Equity and liabilities
Total equity and liabilities10/49€0.1m€1.3m▲
Equity10/15€0.1m€0.4m▲
Contributions10/11€0.005m€0.005m=
Contributions outside capital11€0.005m€0.005m=
Share premium1100/10-€0.005m
Other1109/19€0.005m-
Reserves13-€0.2m
Distributable reserves133-€0.2m
Profit (loss) carried forward14€0.1m€0.1m▲
Amounts payable17/49€0.02m€0.9m▲
Amounts payable after more than one year17-€0.8m
Financial debts170/4-€0.8m
Amounts payable within one year42/48€0.02m€0.1m▲
Trade debts44€0.004m€0.02m▲
Suppliers440/4€0.004m€0.02m▲
Taxes, remuneration and social security45€0.02m€0.1m▲
Taxes450/3€0.02m€0.1m▲
Income statement Code20232024
Remuneration, social security and pensions62€0.01m€0.02m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€0.001m
Other operating charges640/8€0.002m€0.003m▲
Gross operating margin9900€0.05m€0.4m▲
Operating profit (loss)9901€0.03m€0.3m▲
Financial income75/76B-€25
Recurring financial income75-€25
Financial charges65/66B€0.002m€0.005m▲
Recurring financial charges65€0.002m€0.005m▲
Profit (loss) for the period before taxes9903€0.03m€0.3m▲
Income taxes67/77€0.01m€0.08m▲
Profit (loss) for the period9904€0.02m€0.3m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.4m▲
Profit (loss) brought forward from the previous period14P€0.1m€0.1m▲
Transfer to equity691/2-€0.2m
To other reserves6921-€0.2m

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 06-01-2026.

Line2020202220232024Change
Remuneration, social security and pensions62--€12,502€20,491▲ 63.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€161€161-€697-
Other operating charges640/8--€1,991€2,502▲ 25.7%
Gross operating margin9900€36,581€29,925€48,822€357,402▲ 632%
Operating profit (loss)9901€36,270€29,764€34,330€333,712▲ 872%
Financial income75/76B---€25-
Recurring financial income75---€25-
Financial charges65/66B-€3,056€2,005€4,964▲ 148%
Recurring financial charges65-€3,056€2,005€4,964▲ 148%
Profit (loss) for the period before taxes9903€36,270€26,709€32,325€328,773▲ 917%
Income taxes67/77€7,500€6,717€12,839€77,760▲ 506%
Profit (loss) for the period9904€28,769€19,991€19,486€251,013▲ 13×
Profit (loss) for the period to be appropriated9905€28,769€19,991€19,486€251,013▲ 13×
Line2020202220232024Change
Assets
Total assets20/58€0.05m€0.1m€0.1m€1.3m▲ 785%
Fixed assets21/28€0.001m€0.001m€0.002m€0.002m▼ 29.7%
Tangible fixed assets22/27€0.001m€0.001m€0.002m€0.002m▼ 29.7%
Furniture and vehicles24-€0.001m€0.002m€0.002m▼ 29.7%
Current assets29/58€0.05m€0.1m€0.1m€1.3m▲ 799%
Amounts receivable after more than one year29---€0.8m-
Other amounts receivable291---€0.8m-
Amounts receivable within one year40/41€0.02m€0.07m€0.08m€0.2m▲ 164%
Trade receivables40-€0.05m€0.07m€0.2m▲ 195%
Other amounts receivable41-€0.01m€0.01m€0.01m=
Cash at bank and in hand54/58€0.02m€0.04m€0.06m€0.3m▲ 335%
Deferred charges and accrued income490/1-€0.001m€0.001m€0.001m=
Equity and liabilities
Total equity and liabilities10/49€0.05m€0.1m€0.1m€1.3m▲ 785%
Equity10/15€0.03m€0.1m€0.1m€0.4m▲ 206%
Contributions10/11-€0.005m€0.005m€0.005m=
Contributions outside capital11-€0.005m€0.005m€0.005m=
Share premium1100/10---€0.005m-
Other1109/19-€0.005m€0.005m--
Reserves13---€0.2m-
Distributable reserves133---€0.2m-
Profit (loss) carried forward14€0.03m€0.1m€0.1m€0.1m▲ 22.3%
Amounts payable17/49€0.01m€0.009m€0.02m€0.9m▲ 42×
Amounts payable after more than one year17---€0.8m-
Financial debts170/4---€0.8m-
Amounts payable within one year42/48€0.01m€0.009m€0.02m€0.1m▲ 503%
Trade debts44€0.002m€0.002m€0.004m€0.02m▲ 388%
Suppliers440/4-€0.002m€0.004m€0.02m▲ 388%
Taxes, remuneration and social security45-€0.007m€0.02m€0.1m▲ 530%
Taxes450/3-€0.007m€0.02m€0.1m▲ 530%
Line2020202220232024Change
Profit (loss) for the period9904€28,769€19,991€19,486€251,013▲ 13×
+ Depreciation and write-downs630€161€161-€697-
Operating cash flow (approximation)€28,930€20,152€19,486€251,710▲ 13×
Investment in fixed assets (approximation)---€1,222€0-
Change in cash--€16,725€202,964▲ 12×

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,684 companies had the same profile as James has now. Two years later, 97.3% were still going and 1.3% had gone bankrupt.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
97.3% was still going
1.2% stopped otherwise
1.3% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of James itself: 1.6% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,684 companies, not a prediction for James. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2024 micro format 06-01-2026 2026-00001994 PDF
31-12-2023 micro format 21-03-2025 2025-00052228 PDF
31-12-2022 micro format 07-03-2024 2024-00040352 PDF
31-12-2020 micro format 08-06-2021 2021-18100273 PDF

Board & ownership

Directors

Directors
1 director
STEPHEN JAMES
Director · since 10-09-2020 · listed in the 2024 annual accounts, filed on 06-01-2026
Current

Owners and capital

Network & group

Board mandates elsewhere

1 board mandate
Board mandates of JamesJames sits on their board1
Director
Founded in 2021 · total assets €49.4m (2025)

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
JAMES
via JAMES Stephen John · Permanent representative
No longer active
→

Timeline

Deeds, filings and financial milestones

2026
06-01
NBB filing Annual accounts 2024 filedPDF
micro format · 159 days late
2025
21-03
NBB filing Annual accounts 2023 filedPDF
micro format · 233 days late
2024
31-12
Financial Highest result from 2020 to 2024net €251,013 ▲1,188%
The operating result of €333,712 and the net result of €251,013 are both a record.
31-12
Financial Equity above €200,000equity €372,875 ▲206%
With a profit in every financial year since 2020, equity grows to €372,875.
07-03
NBB filing Annual accounts 2022 filedPDF
micro format · 220 days late
2022
31-12
Financial Liquidity more than triplescurrent ratio 12.73
The current ratio rises from 3.22 to 12.73. Short-term debt falls from €14,640 to €8,634.
31-12
Financial Equity above €100,000equity €102,376 ▲203%
With a profit in every financial year since 2020, equity grows to €102,376.
07-06
Gazette deed General meeting · Other provisionPDF
Kind of shares · Capital increase
2021
08-06
NBB filing Annual accounts 2020 filedPDF
micro format · 53 days before the deadline
2020
14-09
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 10 September 2020, James was incorporated as a private limited company.1 Total assets went from €48,409 in 2020 to €1.3m in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2024

Company details

Register details

Identity

KBO record
Name James in French
Enterprise number 0753.893.403
Legal form Private limited company
Status Active, normal situation
Founded 10-09-2020
Entity type Legal entity

Registered office and establishments

Registered office Albert Leemansplein 19, 1050 Ixelles, Belgium
Establishment unit Albert Leemansplein 19, 1050 Ixelles since 10-09-2020 · unit number 2.306.948.723

Activities

NACEBEL 2025
73300 Public relations and communication consultancy main activity
70200 Business and other management consultancy
Codes under NACEBEL 2008
70210 Activities of head offices; management consultancy activities main activity
70220 Business consulting

Invoicing and payment

VAT number BE 0753.893.403
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0753893403
Other Peppol ID 9925:BE0753893403
Registered 21-09-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
120 m²
Building footprint
92 m²
Building volume
1,087 m³
Cadastral parcel Region Area Buildings Height / floors
21447B0266/00N006 Brussels 120 m² 1 · 92 m² 14.4 m · 4