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JASSAN

Active
Private limited companyfounded 2005active for 21 yearsClos Pégase 1, 1410 Waterloo, BelgiumKBO/BCE: BE 0872.486.393
Summary

JASSAN has been active since 2005 and the Belgian Official 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 about 5.4% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

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

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 4,259% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.04m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.05m-€0.2m€0.06m▼ 64.1%€0.1m▲ 69.4%€0.05m▼ 52.4%€0.1m▲ 105%€0.003m▼ 96.8%€0.1m▲ 4,259%
Net result-€0.06m-€0.1m€0.03m▼ 72.7%€0.06m▲ 93.5%€0.02m▼ 61.4%€0.06m▲ 160%-€0.07m€0.04m
Equity€0.3m-€0.4m▲ 30.9%€0.4m▲ 9.0%€0.4m▲ 11.9%€0.4m▼ 1.5%€0.5m▲ 9.8%€0.4m▼ 13.7%€0.4m▲ 0.1%
Total assets€1.1m-€1.0m▼ 10.4%€1.0m▼ 1.7%€1.1m▲ 8.5%€1.0m▼ 2.2%€1.0m▲ 0.9%€1.0m▼ 5.2%€0.9m▼ 9.4%
Debt€0.8m-€0.6m▼ 27.5%€0.6m▼ 8.1%€0.6m▲ 6.7%€0.6m▼ 2.7%€0.5m▼ 5.6%€0.5m▼ 13.2%€0.5m▼ 1.8%
Working capital-€0.3m-€0.2m€0.3m▲ 12.6%€0.3m▲ 13.7%€0.3m▲ 4.2%€0.3m▲ 2.1%€0.3m▼ 0.7%€0.2m▼ 23.9%
Turnover and EBIT margin not published: the micro format does not require them.
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
2025 value · change against 2024
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 observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% 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
96.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 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 74.5% 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 14,766 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€994,185€901,001▼
Fixed assets21/28€632,095€588,703▼
Tangible fixed assets22/27€630,720€587,328▼
Land and buildings22€630,692€587,328▼
Furniture and vehicles24€28-
Financial fixed assets28€1,375€1,375=
Current assets29/58€362,090€312,298▼
Amounts receivable after more than one year29€266,781€198,941▼
Other amounts receivable291€266,781€198,941▼
Amounts receivable within one year40/41€4,807€8,777▲
Trade receivables40-€4,807
Other amounts receivable41€4,807€3,970▼
Cash at bank and in hand54/58€78,309€85,710▲
Deferred charges and accrued income490/1€12,192€18,869▲
Equity and liabilities
Total equity and liabilities10/49€994,185€901,001▼
Equity10/15€414,333€414,921▲
Contributions10/11€12,400€12,400=
Reserves13€401,906€402,494▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€68,084€65,150▼
Distributable reserves133€331,962€335,484▲
Profit (loss) carried forward14€27€27▲
Provisions and deferred taxes16€106,855€21,737▼
Provisions for liabilities and charges160/5€84,141-
Other liabilities and charges164/5€84,141-
Deferred taxes168€22,715€21,737▼
Amounts payable17/49€472,997€464,343▼
Amounts payable after more than one year17€423,459€389,915▼
Financial debts170/4€423,459€389,915▼
Amounts payable within one year42/48€49,537€74,428▲
Current portion of amounts payable after more than one year42€32,721€33,545▲
Trade debts44€16,817€2,883▼
Suppliers440/4€16,817€2,883▼
Other amounts payable47/48-€38,000
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,210€43,392▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€84,141-€84,141▼
Other operating charges640/8€6,293€6,398▲
Gross operating margin9900€136,977€110,925▼
Operating profit (loss)9901€3,333€145,275▲
Financial income75/76B€713€410▼
Recurring financial income75€713€410▼
Financial charges65/66B€63,369€103,922▲
Recurring financial charges65€63,369€103,922▲
Profit (loss) for the period before taxes9903-€59,323€41,763▲
Transfer from deferred taxes780€978€978=
Income taxes67/77€7,362€4,152▼
Profit (loss) for the period9904-€65,707€38,588▲
Transfer from tax-exempt reserves789€2,934€2,934=
Profit (loss) for the period to be appropriated9905-€62,773€41,522▲
Appropriation of the result
Profit (loss) to be appropriated9906-€62,773€41,549▲
Profit (loss) brought forward from the previous period14P€0€27▲
Transfer from equity791/2€62,800€38,000▼
Transfer to equity691/2-€41,522
To other reserves6921-€41,522
Profit to be distributed694/7-€38,000
Return on contributions (dividend)694-€38,000

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€4,629----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,918€23,485€32,020€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-
Other operating charges640/8---€4,892€5,187€5,652€6,293€6,398▲ 1.7%
Gross operating margin9900€64,406€201,357€99,043€145,128€130,970€111,694€136,977€110,925▼ 19.0%
Operating profit (loss)9901-€49,714€172,708€62,028€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€25€6€58€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€12,050€21,360€14,733€14,507€13,792€13,212€63,369€103,922▲ 64.0%
Profit (loss) for the period before taxes9903-€61,739€151,355€47,353€90,577€36,251€89,836-€59,323€41,763-
Transfer from deferred taxes780---€978€978€978€978€978=
Income taxes67/77-€126€3,800€15,625€28,265€12,808€27,205€7,362€4,152▼ 43.6%
Profit (loss) for the period9904-€61,613€119,951€32,706€63,290€24,422€63,608-€65,707€38,588-
Transfer from tax-exempt reserves789---€2,934€2,934€2,934€2,934€2,934=
Profit (loss) for the period to be appropriated9905-€61,613€37,667€35,640€66,224€27,355€66,542-€62,773€41,522-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.0m€1.0m€1.1m€1.0m€1.0m€1.0m€0.9m▼ 9.4%
Fixed assets21/28€0.9m€0.7m€0.7m€0.7m€0.6m€0.6m€0.6m€0.6m▼ 6.9%
Tangible fixed assets22/27€0.9m€0.7m€0.7m€0.7m€0.6m€0.6m€0.6m€0.6m▼ 6.9%
Land and buildings22---€0.7m€0.6m€0.6m€0.6m€0.6m▼ 6.9%
Furniture and vehicles24---€0.002m€0.001m€0.001m€28--
Financial fixed assets28€75€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.2m€0.3m€0.3m€0.4m€0.4m€0.4m€0.4m€0.3m▼ 13.8%
Amounts receivable after more than one year29-----€0.2m€0.3m€0.2m▼ 25.4%
Other amounts receivable291-----€0.2m€0.3m€0.2m▼ 25.4%
Amounts receivable within one year40/41€0.1m€0.2m€0.1m€0.2m€0.2m€447€0.005m€0.009m▲ 82.6%
Trade receivables40-------€0.005m-
Other amounts receivable41---€0.2m€0.2m€447€0.005m€0.004m▼ 17.4%
Cash at bank and in hand54/58€0.03m€0.1m€0.1m€0.2m€0.2m€0.2m€0.08m€0.09m▲ 9.5%
Deferred charges and accrued income490/1---€0.03m€0.02m€0.02m€0.01m€0.02m▲ 54.8%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m€1.0m€1.1m€1.0m€1.0m€1.0m€0.9m▼ 9.4%
Equity10/15€0.3m€0.4m€0.4m€0.4m€0.4m€0.5m€0.4m€0.4m▲ 0.1%
Contributions10/11€0.01m€0.01m-€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves13€0.3m€0.4m€0.4m€0.4m€0.4m€0.5m€0.4m€0.4m▲ 0.1%
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m€0.002m=
Tax-exempt reserves132---€0.08m€0.07m€0.07m€0.07m€0.07m▼ 4.3%
Distributable reserves133---€0.4m€0.3m€0.4m€0.3m€0.3m▲ 1.1%
Profit (loss) carried forward14€334€1€41€85€40€0€27€27▲ 0.2%
Provisions and deferred taxes16-€0.03m€0.03m€0.03m€0.02m€0.02m€0.1m€0.02m▼ 79.7%
Provisions for liabilities and charges160/5------€0.08m--
Other liabilities and charges164/5------€0.08m--
Deferred taxes168---€0.03m€0.02m€0.02m€0.02m€0.02m▼ 4.3%
Amounts payable17/49€0.8m€0.6m€0.6m€0.6m€0.6m€0.5m€0.5m€0.5m▼ 1.8%
Amounts payable after more than one year17€0.3m€0.5m€0.5m€0.5m€0.5m€0.5m€0.4m€0.4m▼ 7.9%
Financial debts170/4---€0.5m€0.5m€0.5m€0.4m€0.4m▼ 7.9%
Amounts payable within one year42/48€0.5m€0.07m€0.04m€0.07m€0.09m€0.09m€0.05m€0.07m▲ 50.2%
Current portion of amounts payable after more than one year42---€0.04m€0.04m€0.04m€0.03m€0.03m▲ 2.5%
Trade debts44€0.007m€0.001m€0.005m€0.003m€0.02m€0.02m€0.02m€0.003m▼ 82.9%
Suppliers440/4---€0.003m€0.02m€0.02m€0.02m€0.003m▼ 82.9%
Taxes, remuneration and social security45---€0.02m€0.003m€0.02m---
Taxes450/3---€0.02m-€0.02m---
Remuneration and social security454/9---€0.002m€0.003m----
Other amounts payable47/48---€0.02m€0.03m€0.02m-€0.04m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€61,613€119,951€32,706€63,290€24,422€63,608-€65,707€38,588-
+ Depreciation and write-downs630€46,918€23,485€32,020€35,152€75,772€3,477€43,210€43,392▲ 0.4%
Operating cash flow (approximation)-€14,695€143,435€64,726€98,443€100,193€67,085-€22,497€81,981-
Investment in fixed assets (approximation)-€206,770-€8,779-€53,331-€24,733-€6,874-€30,135€0-
Change in cash-€71,686€36,410€42,804-€20,748-€4,987-€77,231€7,401-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 09-07-2026 2026-00288721
31-12-2024 micro format 27-08-2025 2025-00410694
31-12-2023 micro format 26-06-2024 2024-00164409
31-12-2022 micro format 21-08-2023 2023-00343854
31-12-2021 micro format 29-08-2022 2022-20362216
31-12-2020 micro format 24-06-2021 2021-28200078
31-12-2019 micro format 07-10-2020 2020-59600019
31-12-2018 micro format 28-08-2019 2019-53100007
31-12-2017 micro format 05-07-2018 2018-29000158
31-12-2016 micro format 31-08-2017 2017-52500522

Show all 21 filings

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