JAZZ UP
ActiveJAZZ UP has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €274k and a net result of €19k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 9606 sector peers (fiscal year 2022). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2022
86
/ 100
Excellent▲ +1 vs 2020
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2020
Profitability34▼-66
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days only on tighter terms
Liquidity ample (current ratio 4.88 against 5.31 in 2020), and 21.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 2022Solvency, return and age of the figures
Solvency
78.4%
Return on assets
5.4%
Age of the figures
44 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline07-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-11-2023, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
121 d late
2020
122 d late
2019
122 d late
2018
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€274k▲ 19.6%
2020 · €229k
2018: €202k
2019: €218k
2020: €229k
2018 → 2022
Total assets
€349k▲ 17.4%
2020 · €297k
2018: €299k
2019: €299k
2020: €297k
2018 → 2022
Net result
€19k▼ 89.4%
2020 · €177k
2018: €189k
2019: €182k
2020: €177k
2018 → 2022
Working capital
€277k▲ 19.5%
2020 · €232k
2018: €207k
2019: €221k
2020: €232k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202022Trend
Equity€202k-€218k▲ 7.7%€229k▲ 5.1%€274k▲ 19.6%
Operating result€38k-€24k▼ 37.0%€17k▼ 29.2%€30k▲ 78.4%
Net result€189k-€182k▼ 4.0%€177k▼ 2.3%€19k▼ 89.4%
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 2022; 2022 is 78% above 2020.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €349k
Fixed assets
€602▼ 94.8%
Current assets
€348k▲ 21.9%
Equity and liabilities €349k
Equity
€274k▲ 19.6%
Debt
€75k▲ 10.2%
The debt ratio falls from 23.0% to 21.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€33k▲
2020 · €25k
Cash flow
€22k▼
2020 · €185k
Solvency
78.4%▲
2020 · 77.0%
Current ratio
4.88▼
2020 · 5.31
Quick ratio
4.88▼
2020 · 5.31
Debt / equity
0.28▲
2020 · 0.06
ROE
6.8%▼
2020 · 77.5%
ROA
5.4%▼
2020 · 59.7%
Interest coverage
10.77
Debt
€75k▲
2020 · €68k
Debt ≤ 1 year
€71k▲
2020 · €54k
Debt > 1 year
€3k▼
2020 · €15k
Income taxes
€9k▲
2020 · €5k
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 · 2022 against 2020
Balance sheet
Code20202022
Assets
Total assets20/58€297k€349k▲
Fixed assets21/28€11k€602▼
Tangible fixed assets22/27€11k€602▼
Other tangible fixed assets26-€602
Current assets29/58€286k€348k▲
Amounts receivable after more than one year29-€311k
Other amounts receivable291-€311k
Amounts receivable within one year40/41€285k€36k▼
Trade receivables40-€28k
Other amounts receivable41-€8k
Cash at bank and in hand54/58€277€428▲
Deferred charges and accrued income490/1-€566
Equity and liabilities
Total equity and liabilities10/49€297k€349k▲
Equity10/15€229k€274k▲
Contributions10/11-€6k
Outside capital11-€6k
Other1109/19-€6k
Reserves13€56k€95k▲
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Tax-exempt reserves132-€10k
Distributable reserves133-€83k
Profit (loss) carried forward14€166k€172k▲
Amounts payable17/49€68k€75k▲
Amounts payable after more than one year17€15k€3k▼
Financial debts170/4-€3k
Amounts payable within one year42/48€54k€71k▲
Current portion of amounts payable after more than one year42-€2k
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€24k€25k▲
Suppliers440/4-€25k
Taxes, remuneration and social security45-€43k
Taxes450/3-€43k
Accrued charges and deferred income492/3-€557
Income statement
Code20202022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8-€816
Gross operating margin9900€27k€34k▲
Operating profit (loss)9901€17k€30k▲
Financial charges65/66B-€3k
Recurring financial charges65€748€3k▲
Profit (loss) for the period before taxes9903€16k€27k▲
Income taxes67/77€5k€9k▲
Profit (loss) for the period9904€11k€19k▲
Profit (loss) for the period to be appropriated9905€11k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€191k
Profit (loss) brought forward from the previous period14P-€172k
Transfer to equity691/2-€19k
To other reserves6921-€19k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Weakest financial yearnet €19k ▼89.4%
Net result drops to €19k, the lowest in the series.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 90 days late
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 221 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
30-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 61 days late
2013
15-04
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 258 days late
2012
31-05
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 305 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Vorst
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.
Kersbeeklaan 1291190 VorstGround area
253 m²
Building footprint
100 m²
Volume, LiDAR
1,100 m³
Parcel 21384D0286/00R011, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0286/00R011 | Brussels | 253 m² | 1 · 100 m² | 15.7 m · 4 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.
Similar companies · same sector, comparable size
ARTERRA
BE 0882.821.249
Sint-Pieters-Woluwe · Eq €274k
Architectenbureau ARCHIpal
BE 0885.498.746
Pelt · Eq €274k
ARCHITECTUUR ARVID THEVISSEN
BE 0537.439.089
Sint-Lievens-Houtem · Eq €274k
J.D.S.
BE 0874.637.914
Erpe-Mere · Eq €274k
ARCHITECTENBUREAU BOUWKUNST & DESIGN
BE 0444.642.753
Stabroek · Eq €274k
Of 18,217 companies in sector 71111 we hold annual accounts for 6,258. 4,770 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-02-2002
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.