JASSAN
ActiveSummary
JASSAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €414,921 and a net result of €38,588. Equity is growing by ~5.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▲+22
Solvency71▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 4.2 against 7.31 in 2024; short-term debt: 8.3% and cash: 9.5% of total assets), but 53.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.1%
Return on assets
4.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
27 d late
2023
35 d early
2022
21 d late
2021
29 d late
2020
37 d early
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 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 (2)
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. Usually files around 21 August (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€414,921▲ 0.1%
2024 · €414,333
Total assets
€901,001▼ 9.4%
2024 · €994,185
Net result
€38,588
2024 · -€65,707
Working capital
€237,870▼ 23.9%
2024 · €312,552
Trend over the years
In euros
In euros
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
Line20212022202320242025
Operating result€105,084▲ 69.4%€50,011▼ 52.4%€102,565▲ 105%€3,333▼ 96.8%€145,275▲ 4,259%
Net result€63,290▲ 93.5%€24,422▼ 61.4%€63,608▲ 160%-€65,707€38,588
Equity€443,910▲ 11.9%€437,332▼ 1.5%€480,040▲ 9.8%€414,333▼ 13.7%€414,921▲ 0.1%
Total assets€1.1m▲ 8.5%€1.0m▼ 2.2%€1.0m▲ 0.9%€994,185▼ 5.2%€901,001▼ 9.4%
Debt€593,488▲ 6.7%€577,424▼ 2.7%€544,867▼ 5.6%€472,997▼ 13.2%€464,343▼ 1.8%
Working capital€295,962▲ 13.7%€308,298▲ 4.2%€314,742▲ 2.1%€312,552▼ 0.7%€237,870▼ 23.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4,259% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €901,001
Fixed assets
€588,703 ▼ 6.9%
Current assets
€312,298 ▼ 13.8%
Equity and liabilities €901,001
Equity
€414,921 ▲ 0.1%
Provisions
€21,737 ▼ 79.7%
Debt
€464,343 ▼ 1.8%
Debt's share of the balance-sheet total rises from 47.6% to 51.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€188,668▲
2024 · €46,543
Cash flow
€81,981▲
2024 · -€22,497
Current ratio
4.20▼
2024 · 7.31
Debt to equity
1.12▼
2024 · 1.14
ROE
9.3%▲
2024 · -15.9%
ROA
4.3%▲
2024 · -6.6%
Interest coverage
1.82▲
2024 · 0.73
Debt ≤ 1 year
€74,428▲
2024 · €49,537
Debt > 1 year
€389,915▼
2024 · €423,459
Income taxes
€4,152▼
2024 · €7,362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,629 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,152 | €75,772 | €3,477 | €43,210 | €43,392 | ▲ 0.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €84,141 | -€84,141 | ▼ 200% |
| Other operating charges640/8 | €4,892 | €5,187 | €5,652 | €6,293 | €6,398 | ▲ 1.7% |
| Gross operating margin9900 | €145,128 | €130,970 | €111,694 | €136,977 | €110,925 | ▼ 19.0% |
| Operating profit (loss)9901 | €105,084 | €50,011 | €102,565 | €3,333 | €145,275 | ▲ 4,259% |
| Financial income75/76B | €0 | €32 | €483 | €713 | €410 | ▼ 42.6% |
| Recurring financial income75 | €0 | €32 | €483 | €713 | €410 | ▼ 42.6% |
| Financial charges65/66B | €14,507 | €13,792 | €13,212 | €63,369 | €103,922 | ▲ 64.0% |
| Recurring financial charges65 | €14,507 | €13,792 | €13,212 | €63,369 | €103,922 | ▲ 64.0% |
| Profit (loss) for the period before taxes9903 | €90,577 | €36,251 | €89,836 | -€59,323 | €41,763 | ▲ 170% |
| Transfer from deferred taxes780 | €978 | €978 | €978 | €978 | €978 | = |
| Income taxes67/77 | €28,265 | €12,808 | €27,205 | €7,362 | €4,152 | ▼ 43.6% |
| Profit (loss) for the period9904 | €63,290 | €24,422 | €63,608 | -€65,707 | €38,588 | ▲ 159% |
| Transfer from tax-exempt reserves789 | €2,934 | €2,934 | €2,934 | €2,934 | €2,934 | = |
| Profit (loss) for the period to be appropriated9905 | €66,224 | €27,355 | €66,542 | -€62,773 | €41,522 | ▲ 166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.0m | €1.0m | €994,185 | €901,001 | ▼ 9.4% |
| Fixed assets21/28 | €692,811 | €641,772 | €645,170 | €632,095 | €588,703 | ▼ 6.9% |
| Tangible fixed assets22/27 | €691,436 | €640,397 | €643,795 | €630,720 | €587,328 | ▼ 6.9% |
| Land and buildings22 | €689,582 | €639,166 | €643,186 | €630,692 | €587,328 | ▼ 6.9% |
| Furniture and vehicles24 | €1,854 | €1,231 | €609 | €28 | - | - |
| Financial fixed assets28 | €1,375 | €1,375 | €1,375 | €1,375 | €1,375 | = |
| Current assets29/58 | €370,235 | €397,654 | €403,430 | €362,090 | €312,298 | ▼ 13.8% |
| Amounts receivable after more than one year29 | - | - | €224,845 | €266,781 | €198,941 | ▼ 25.4% |
| Other amounts receivable291 | - | - | €224,845 | €266,781 | €198,941 | ▼ 25.4% |
| Amounts receivable within one year40/41 | €158,766 | €217,188 | €447 | €4,807 | €8,777 | ▲ 82.6% |
| Trade receivables40 | - | - | - | - | €4,807 | - |
| Other amounts receivable41 | €158,766 | €217,188 | €447 | €4,807 | €3,970 | ▼ 17.4% |
| Cash at bank and in hand54/58 | €181,275 | €160,527 | €155,540 | €78,309 | €85,710 | ▲ 9.5% |
| Deferred charges and accrued income490/1 | €30,194 | €19,939 | €22,598 | €12,192 | €18,869 | ▲ 54.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €1.0m | €994,185 | €901,001 | ▼ 9.4% |
| Equity10/15 | €443,910 | €437,332 | €480,040 | €414,333 | €414,921 | ▲ 0.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €431,425 | €424,891 | €467,640 | €401,906 | €402,494 | ▲ 0.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €76,885 | €73,951 | €71,018 | €68,084 | €65,150 | ▼ 4.3% |
| Distributable reserves133 | €352,680 | €349,080 | €394,762 | €331,962 | €335,484 | ▲ 1.1% |
| Profit (loss) carried forward14 | €85 | €40 | €0 | €27 | €27 | ▲ 0.2% |
| Provisions and deferred taxes16 | €25,648 | €24,670 | €23,692 | €106,855 | €21,737 | ▼ 79.7% |
| Provisions for liabilities and charges160/5 | - | - | - | €84,141 | - | - |
| Other liabilities and charges164/5 | - | - | - | €84,141 | - | - |
| Deferred taxes168 | €25,648 | €24,670 | €23,692 | €22,715 | €21,737 | ▼ 4.3% |
| Amounts payable17/49 | €593,488 | €577,424 | €544,867 | €472,997 | €464,343 | ▼ 1.8% |
| Amounts payable after more than one year17 | €519,215 | €488,068 | €456,180 | €423,459 | €389,915 | ▼ 7.9% |
| Financial debts170/4 | €519,215 | €488,068 | €456,180 | €423,459 | €389,915 | ▼ 7.9% |
| Amounts payable within one year42/48 | €74,273 | €89,356 | €88,687 | €49,537 | €74,428 | ▲ 50.2% |
| Current portion of amounts payable after more than one year42 | €37,703 | €35,302 | €35,888 | €32,721 | €33,545 | ▲ 2.5% |
| Trade debts44 | €2,833 | €20,054 | €16,838 | €16,817 | €2,883 | ▼ 82.9% |
| Suppliers440/4 | €2,833 | €20,054 | €16,838 | €16,817 | €2,883 | ▼ 82.9% |
| Taxes, remuneration and social security45 | €17,737 | €3,000 | €15,061 | - | - | - |
| Taxes450/3 | €15,737 | - | €15,061 | - | - | - |
| Remuneration and social security454/9 | €2,000 | €3,000 | - | - | - | - |
| Other amounts payable47/48 | €16,000 | €31,000 | €20,900 | - | €38,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,290 | €24,422 | €63,608 | -€65,707 | €38,588 | ▲ 159% |
| + Depreciation and write-downs630 | €35,152 | €75,772 | €3,477 | €43,210 | €43,392 | ▲ 0.4% |
| Operating cash flow (approximation) | €98,443 | €100,193 | €67,085 | -€22,497 | €81,981 | ▲ 464% |
| Investment in fixed assets (approximation) | - | -€24,733 | -€6,874 | -€30,135 | €0 | ▲ 100% |
| Change in cash | - | -€20,748 | -€4,987 | -€77,231 | €7,401 | ▲ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €38,588
Net result €38,588 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet -€65,707
Net result drops to -€65,707, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial
Back to profitnet €119,951
Net result €119,951 after one loss-making year.
31-12
Financial
Liquidity times 12current ratio 4.42
Current ratio from 0.38 to 4.42; short-term debt falls from €484,955 to €67,466.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waterloo
Ground area
1,412 m²
Building footprint
134 m²
Parcel 25764N0700/00F000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0700/00F000 | Wallonia | 1,412 m² | 1 · 134 m² | - |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
254900XGR3V8URPWD690
Company details
Identification
Legal formPrivate limited company
Founded14-03-2005
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0872486393
Also
9925:BE0872486393
Registered
11-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.