JAZZ
ActiveSummary
JAZZ has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €59k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+7
Solvency28▼-34
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.33 against 1.44 in 2024; short-term debt: 58.1% and cash: 14.8% of total assets), and 96.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
3.3%
Return on assets
10.6%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 14128 sector peers (2025).
NBB · sector comparisonPosition among 14128 sector peers
Solvency
better than 25%
← weakest
strongest →
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 01-06-2026, 60 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
23 d late
2022
39 d early
2021
40 d early
2020
43 d early
2019
29 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 91.1%
2024 · €210k
2019: €108k
2020: €133k▲ +23.2% vs 2019
2021: €149k▲ +12.0% vs 2020
2022: €152k▲ +1.9% vs 2021
2023: €153k▲ +0.5% vs 2022
2024: €210k▲ +37.2% vs 2023highest in 7 years
2025: €19k▼ -91.1% vs 2024lowest in 7 years
2019 → 2025
Total assets
€560k▼ 2.5%
2024 · €574k
2019: €124klowest in 7 years
2020: €155k▲ +25.6% vs 2019
2021: €158k▲ +1.8% vs 2020
2022: €160k▲ +1.2% vs 2021
2023: €567k▲ +254% vs 2022
2024: €574k▲ +1.3% vs 2023highest in 7 years
2025: €560k▼ -2.5% vs 2024
2019 → 2025
Net result
€59k▲ 4.2%
2024 · €57k
2019: €90khighest in 7 years
2020: €25k▼ -71.9% vs 2019
2021: €16k▼ -36.2% vs 2020
2022: €3k▼ -82.5% vs 2021
2023: €697▼ -75.1% vs 2022lowest in 7 years
2024: €57k▲ +8044% vs 2023
2025: €59k▲ +4.2% vs 2024
2019 → 2025
Working capital
€-219k
2024 · €36k
2019: €107k
2020: €131k▲ +22.9% vs 2019
2021: €147k▲ +12.3% vs 2020highest in 7 years
2022: €142k▼ -3.8% vs 2021
2023: €41k▼ -71.4% vs 2022
2024: €36k▼ -10.5% vs 2023
2025: €-219k▼ -701% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€149k-€152k▲ 1.9%€153k▲ 0.5%€210k▲ 37.2%€19k▼ 91.1%
2021: €149k
2022: €152k▲ +1.9% vs 2021
2023: €153k▲ +0.5% vs 2022
2024: €210k▲ +37.2% vs 2023highest in 5 years
2025: €19k▼ -91.1% vs 2024lowest in 5 years
Operating result€12k-€7k▼ 40.4%€4k▼ 42.0%€97k▲ 2,305%€93k▼ 4.0%
2021: €12k
2022: €7k▼ -40.4% vs 2021
2023: €4k▼ -42.0% vs 2022lowest in 5 years
2024: €97k▲ +2305% vs 2023highest in 5 years
2025: €93k▼ -4.0% vs 2024
Net result€16k-€3k▼ 82.5%€697▼ 75.1%€57k▲ 8,044%€59k▲ 4.2%
2021: €16k
2022: €3k▼ -82.5% vs 2021
2023: €697▼ -75.1% vs 2022lowest in 5 years
2024: €57k▲ +8044% vs 2023
2025: €59k▲ +4.2% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €560k
Fixed assets
€453k ▼ 0.5%
Current assets
€107k ▼ 9.9%
Equity and liabilities €560k
Equity
€19k ▼ 91.1%
Debt
€541k ▲ 48.6%
Debt's share of the balance-sheet total rises from 63.5% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€95k▼
2024 · €99k
Cash flow
€61k▲
2024 · €59k
Current ratio
0.33▼
2024 · 1.44
Debt to equity
29.09▲
2024 · 1.74
ROE
318.2%▲
2024 · 27.1%
ROA
10.6%▲
2024 · 9.9%
Interest coverage
7.99▲
2024 · 5.24
Debt ≤ 1 year
€325k▲
2024 · €82k
Debt > 1 year
€216k▼
2024 · €282k
Income taxes
€22k▲
2024 · €21k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€574k€560k▼
Fixed assets21/28€455k€453k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€178-
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€456€313▼
Financial fixed assets28€450k€450k=
Current assets29/58€119k€107k▼
Amounts receivable within one year40/41€18k€24k▲
Trade receivables40€12k€24k▲
Other amounts receivable41€6k-
Cash at bank and in hand54/58€101k€83k▼
Equity and liabilities
Total equity and liabilities10/49€574k€560k▼
Equity10/15€210k€19k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Outside capital11-€19k
Other1109/19-€19k
Reserves13€191k-
Distributable reserves133€191k-
Amounts payable17/49€364k€541k▲
Amounts payable after more than one year17€282k€216k▼
Financial debts170/4€282k€216k▼
Amounts payable within one year42/48€82k€325k▲
Current portion of amounts payable after more than one year42€64k€67k▲
Trade debts44€963-
Suppliers440/4€963-
Taxes, remuneration and social security45€14k€22k▲
Taxes450/3€14k€22k▲
Other amounts payable47/48€3k€237k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€532-
Gross operating margin9900€101k€97k▼
Operating profit (loss)9901€97k€93k▼
Financial charges65/66B€19k€12k▼
Recurring financial charges65€19k€12k▼
Profit (loss) for the period before taxes9903€78k€81k▲
Income taxes67/77€21k€22k▲
Profit (loss) for the period9904€57k€59k▲
Profit (loss) for the period to be appropriated9905€57k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€59k▲
Profit (loss) brought forward from the previous period14P€697-
Transfer from equity791/2-€191k
Transfer to equity691/2€57k-
To other reserves6921€57k-
Profit to be distributed694/7-€250k
Return on contributions (dividend)694-€250k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €974 | €2k | €3k | €2k | €2k | ▼ 2.5% |
| Other operating charges640/8 | €995 | €1k | €1k | €1k | €1k | ▲ 5.2% |
| Non-recurring operating charges66A | - | - | - | €532 | - | - |
| Gross operating margin9900 | €14k | €10k | €8k | €101k | €97k | ▼ 4.4% |
| Operating profit (loss)9901 | €12k | €7k | €4k | €97k | €93k | ▼ 4.0% |
| Financial income75/76B | - | - | €375 | - | - | - |
| Recurring financial income75 | - | - | €375 | - | - | - |
| Financial charges65/66B | €958 | €1k | €2k | €19k | €12k | ▼ 37.0% |
| Recurring financial charges65 | €958 | €1k | €2k | €19k | €12k | ▼ 37.0% |
| Profit (loss) for the period before taxes9903 | €11k | €6k | €3k | €78k | €81k | ▲ 4.0% |
| Income taxes67/77 | €-5k | €3k | €2k | €21k | €22k | ▲ 3.2% |
| Profit (loss) for the period9904 | €16k | €3k | €697 | €57k | €59k | ▲ 4.2% |
| Profit (loss) for the period to be appropriated9905 | €16k | €3k | €697 | €57k | €59k | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158k | €160k | €567k | €574k | €560k | ▼ 2.5% |
| Fixed assets21/28 | €2k | €10k | €458k | €455k | €453k | ▼ 0.5% |
| Tangible fixed assets22/27 | €2k | €10k | €8k | €5k | €3k | ▼ 44.6% |
| Plant, machinery and equipment23 | €1k | €2k | €947 | €178 | - | - |
| Furniture and vehicles24 | €393 | €9k | €7k | €5k | €3k | ▼ 43.8% |
| Other tangible fixed assets26 | - | - | - | €456 | €313 | ▼ 31.3% |
| Financial fixed assets28 | - | - | €450k | €450k | €450k | = |
| Current assets29/58 | €156k | €150k | €109k | €119k | €107k | ▼ 9.9% |
| Amounts receivable within one year40/41 | - | €22k | €45k | €18k | €24k | ▲ 33.9% |
| Trade receivables40 | - | €18k | €40k | €12k | €24k | ▲ 100% |
| Other amounts receivable41 | - | €4k | €5k | €6k | - | - |
| Cash at bank and in hand54/58 | €155k | €125k | €64k | €101k | €83k | ▼ 17.8% |
| Deferred charges and accrued income490/1 | €1k | €3k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158k | €160k | €567k | €574k | €560k | ▼ 2.5% |
| Equity10/15 | €149k | €152k | €153k | €210k | €19k | ▼ 91.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | - | - | €19k | - | - |
| Issued capital100 | - | - | - | €19k | - | - |
| Outside capital11 | - | - | - | - | €19k | - |
| Other1109/19 | - | - | - | - | €19k | - |
| Reserves13 | €115k | €131k | €133k | €191k | - | - |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €113k | €129k | €133k | €191k | - | - |
| Profit (loss) carried forward14 | €16k | €3k | €697 | - | - | - |
| Amounts payable17/49 | €9k | €8k | €414k | €364k | €541k | ▲ 48.6% |
| Amounts payable after more than one year17 | - | - | €346k | €282k | €216k | ▼ 23.5% |
| Financial debts170/4 | - | - | €346k | €282k | €216k | ▼ 23.5% |
| Amounts payable within one year42/48 | €9k | €8k | €68k | €82k | €325k | ▲ 295% |
| Current portion of amounts payable after more than one year42 | - | - | €59k | €64k | €67k | ▲ 3.4% |
| Trade debts44 | €469 | €959 | €901 | €963 | - | - |
| Suppliers440/4 | €469 | €959 | €901 | €963 | - | - |
| Taxes, remuneration and social security45 | €8k | €7k | €8k | €14k | €22k | ▲ 54.8% |
| Taxes450/3 | €8k | €7k | €8k | €14k | €22k | ▲ 54.8% |
| Other amounts payable47/48 | - | - | - | €3k | €237k | ▲ 7,783% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €3k | €697 | €57k | €59k | ▲ 4.2% |
| + Depreciation and write-downs630 | €974 | €2k | €3k | €2k | €2k | ▼ 2.5% |
| Operating cash flow (approximation) | €17k | €5k | €4k | €59k | €61k | ▲ 3.9% |
| Investment in fixed assets (approximation) | - | €-11k | €-451k | €532 | €0 | ▼ 100% |
| Change in cash | - | €-30k | €-61k | €37k | €-18k | ▼ 148% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €210k ▲37.2%
6 profitable years in a row build equity to €210k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €697 ▼75.1%
Net result drops to €697, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €152k ▲1.9%
4 profitable years in a row build equity to €152k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 17.63
Current ratio from 6.92 to 17.63; short-term debt falls from €22k to €9k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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
Registered office, Antwerpen · 1 establishment unit since 2018
Ground area
928 m²
Building footprint
202 m²
Volume, LiDAR
1,342 m³
Parcel 11363E0140/00F004, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
JAZZ
since 20182.278.010.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11363E0140/00F004 | Flanders | 928 m² | 1 · 202 m² | 10.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 47 EUR awarded · 47 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 47 EUR | 47 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,904. 3,841 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.