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JAS

Active
Private limited companyfounded 201411 yrs activeEdegemsestraat 90, 2640 Mortsel, BelgiumKBO/BCE: BE 0567.805.435

JAS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40k and a net result of €5k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
83 / 100
Excellent▼ -3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▼-21
Solvency70▲+6
Growth68=
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.45 in 2023), but 62.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 2024
Solvency, return and age of the figures
Solvency
37.5%
Return on assets
4.7%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 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 · 9 filings
Deviation from the deadline
2025
not confirmed
2024
18 d late
2023
37 d late
2022
29 d late
2021
47 d early
2020
39 d early
2019
39 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Turnover
€305k▲ 13.0%
2023 · €270k
2021: €136k 2023: €270k
2021 → 2024
EBIT margin
2.2%▼ 2.9pp
2023 · 5.1%
2021: 15.5% 2023: 5.1%
2021 → 2024
Net result
€5k▼ 45.0%
2023 · €9k
2018: €23k 2019: €-14k 2020: €264 2021: €21k 2022: €4k 2023: €9k
2018 → 2024
Working capital
€28k▲ 38.9%
2023 · €20k
2018: €13k 2019: €-926 2020: €-7k 2021: €16k 2022: €8k 2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€136k€270k€305k▲ 13.0%
Equity€1k-€22k▲ 1,562%€26k▲ 15.9%€35k▲ 35.1%€40k▲ 14.3%
Operating result€505-€21k▲ 4,074%€7k▼ 66.8%€14k▲ 97.0%€7k▼ 52.0%
Net result€264-€21k▲ 7,828%€4k▼ 83.1%€9k▲ 156%€5k▼ 45.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2020: €505€505Net result 2020: €264€264Operating result 2021: €21k€21kNet result 2021: €21k€21kOperating result 2022: €7k€7kNet result 2022: €4k€4kOperating result 2023: €14k€14kNet result 2023: €9k€9kOperating result 2024: €7k€7kNet result 2024: €5k€5k20202021202220232024
The operating result falls in 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106k
Fixed assets €27k▼ 30.3%
Current assets €80k▲ 24.6%
Equity and liabilities €106k
Equity €40k▲ 14.3%
Debt €66k▼ 1.3%
The debt ratio falls from 65.9% to 62.5%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18k
2023 · €25k
Cash flow
€17k
2023 · €21k
Solvency
37.5%
2023 · 34.1%
Current ratio
1.54
2023 · 1.45
Quick ratio
0.63
2023 · 0.65
Debt / equity
1.67
2023 · 1.93
ROE
12.5%
2023 · 26.0%
ROA
4.7%
2023 · 8.9%
Interest coverage
14.62
2023 · 17.15
Debt
€66k
2023 · €67k
Debt ≤ 1 year
€52k
2023 · €44k
Debt > 1 year
€15k
2023 · €23k
Income taxes
€408
2023 · €3k
Staff costs
€4k
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€102k€106k
Fixed assets21/28€38k€27k
Tangible fixed assets22/27€37k€25k
Furniture and vehicles24€37k€25k
Financial fixed assets28€2k€2k=
Current assets29/58€64k€80k
Stocks and contracts in progress3€36k€47k
Stocks30/36€36k€47k
Amounts receivable within one year40/41€26k€30k
Trade receivables40€22k€26k
Other amounts receivable41€4k€4k
Cash at bank and in hand54/58€2k€2k
Deferred charges and accrued income490/1€207-
Equity and liabilities
Total equity and liabilities10/49€102k€106k
Equity10/15€35k€40k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€16k€21k
Amounts payable17/49€67k€66k
Amounts payable after more than one year17€23k€15k
Financial debts170/4€23k€15k
Amounts payable within one year42/48€44k€52k
Current portion of amounts payable after more than one year42€8k€9k
Trade debts44€30k€33k
Suppliers440/4€30k€33k
Taxes, remuneration and social security45€6k€9k
Taxes450/3€6k€6k
Remuneration and social security454/9-€4k
Other amounts payable47/48-€512
Income statement Code20232024
Turnover70€270k€305k
Goods, raw materials, services and sundry goods60/61€248k€286k
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=
Other operating charges640/8€5k€5k
Gross operating margin9900€31k€27k
Operating profit (loss)9901€14k€7k
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€12k€5k
Income taxes67/77€3k€408
Profit (loss) for the period9904€9k€5k
Profit (loss) for the period to be appropriated9905€9k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€16k€21k
Profit (loss) brought forward from the previous period14P€7k€16k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
06-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity times 5current ratio 3.87
Current ratio from 0.74 to 3.87; short-term debt falls from €28k to €6k.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €264
Net result €264 after one loss-making year.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-14k ▼160%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
03-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 125 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
14-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2024
KHURANA Kirat Singh
Non-statutory director · since 24-06-2024
Current
24-06-2024 Resigned as Manager
24-06-2024 Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Mortsel · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Edegemsestraat 902640 Mortsel
Ground area
221 m²
Building footprint
147 m²
Volume, LiDAR
1,195 m³
Parcel 11513C0084/00F006, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Edegemsestraat 90, 2640 Mortsel
Retail trade
since 20142.236.713.496
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11513C0084/00F006 Flanders 221 m² 1 · 147 m² 14.6 m · 3 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 site
Mortsel2.236.713.496
1 permission
Toelating · Detailhandel · since 14-11-2014

Similar companies · same sector, comparable size

Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,508 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-11-2014
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47789Other retail sale of new goods
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.