JARO
InactiveJARO was declared bankrupt on 23-06-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 26-09-2023, published in the Belgian State Gazette on 04-10-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 07-07-2021, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
24 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€78k▼ 22.4%
2019 · €101k
2018: €92k
2019: €101k
2018 → 2020
Total assets
€138k▼ 22.9%
2019 · €179k
2018: €114k
2019: €179k
2018 → 2020
Net result
€-23k
2019 · €14k
2018: €19k
2019: €14k
2018 → 2020
Working capital
€73k▼ 27.9%
2019 · €101k
2018: €92k
2019: €101k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€92k-€101k▲ 9.2%€78k▼ 22.4%
Operating result€14k-€16k▲ 15.1%€-22k
Net result€19k-€14k▼ 25.2%€-23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €22k after €16k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €138k
Fixed assets
€6k
Current assets
€132k
Equity and liabilities €138k
Equity
€78k ▼ 22.4%
Debt
€60k ▼ 23.4%
Debt's share of the balance-sheet total falls from 43.5% to 43.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.22▼
2019 · 2.30
ROE
-28.9%▼
2019 · 14.2%
ROA
-16.4%▼
2019 · 8.0%
Debt ≤ 1 year
€60k▼
2019 · €78k
Income taxes
€112▼
2019 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€179k€138k▼
Fixed assets21/28-€6k
Financial fixed assets28-€6k
Current assets29/58€179k€132k▼
Amounts receivable within one year40/41€149k€132k▼
Cash at bank and in hand54/58€30k€295▼
Equity and liabilities
Total equity and liabilities10/49€179k€138k▼
Equity10/15€101k€78k▼
Contributions10/11€19k-
Reserves13€57k€57k=
Profit (loss) carried forward14€26k€3k▼
Amounts payable17/49€78k€60k▼
Amounts payable within one year42/48€78k€60k▼
Trade debts44€63k€48k▼
Income statement
Code20192020
Gross operating margin9900€47k€13k▼
Operating profit (loss)9901€16k€-22k▼
Recurring financial income75€4k-
Recurring financial charges65€732€376▼
Profit (loss) for the period before taxes9903€19k€-22k▼
Income taxes67/77€5k€112▼
Profit (loss) for the period9904€14k€-23k▼
Profit (loss) for the period to be appropriated9905€14k€-23k▼
Timeline · acts, filings and financial milestones
2023
04-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 26-09-2023
2022
29-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 23-06-2022
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 209 days late
2019
31-12
Financial
Equity above €100kEq €101k ▲9.2%
2 profitable years in a row build equity to €101k.
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
27-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
20-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LOUIS VERSTRAETEN POSTHOFBRUG 6 BOX 1,
2600 BERCHEM (ANTWERPEN) |
23-06-2022 → 26-09-2023 |