Jazzi
ActiveSummary
Jazzi is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-100k) and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9863 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9863 sector peers (2024).
NBB · sector comparisonPosition among 9863 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
27 d late
2022
10 d early
2021
30 d late
2020
17 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€-100k▲ 15.7%
2023 · €-119k
Net result
€23k
2023 · €-137k
Total assets
€15k▲ 144%
2023 · €6k
Solvency
-676.7%▲ 1283.0pp
2023 · -1959.6%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€22k-€5k▼ 78.0%€2k▼ 57.2%€18k▲ 757%€30k▲ 67.6%
Net result€15k-€2k▼ 90.2%€-992€-137k▼ 13,706%€23k
Equity€18k-€19k▲ 8.5%€18k▼ 5.1%€-119k€-100k▲ 15.7%
Total assets€154k-€156k▲ 1.6%€155k▼ 0.8%€6k▼ 96.1%€15k▲ 144%
Debt€136k-€137k▲ 0.6%€136k▼ 0.2%€125k▼ 8.6%€115k▼ 7.9%
Working capital€-91k-€-78k▲ 14.1%€-103k▼ 31.6%€-97k▲ 5.7%€-88k▲ 9.5%
Solvency11.7%-12.4%▲ 0.8pp11.9%▼ 0.5pp-1959.6%▼ 1971.5pp-676.7%▲ 1283.0pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 68% above 2023 and is the highest result in the available series.
Balance-sheet composition
Assets €15k
Fixed assets
€2k
Current assets
€13k
Key figures and ratios
ROA
156.1%
Debt ≤ 1 year
€101k▼
2023 · €103k
Debt > 1 year
€13k▼
2023 · €20k
Income taxes
€5k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €703 | - |
| Other operating charges640/8 | - | €120 | €220 | €892 | €2k | ▲ 70.6% |
| Non-recurring operating charges66A | - | - | €470 | - | - | - |
| Gross operating margin9900 | €22k | €5k | €3k | €19k | €32k | ▲ 71.5% |
| Operating profit (loss)9901 | €22k | €5k | €2k | €18k | €30k | ▲ 67.6% |
| Financial income75/76B | - | - | - | - | €56 | - |
| Recurring financial income75 | €199 | - | - | - | €56 | - |
| Financial charges65/66B | - | €3k | €3k | €151k | €1k | ▼ 99.1% |
| Recurring financial charges65 | €823 | €3k | €3k | €1k | €1k | ▲ 8.3% |
| Non-recurring financial charges66B | - | - | - | €150k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €21k | €2k | €-992 | €-134k | €28k | ▲ 121% |
| Income taxes67/77 | €6k | €681 | - | €3k | €5k | ▲ 54.5% |
| Profit (loss) for the period9904 | €15k | €2k | €-992 | €-137k | €23k | ▲ 117% |
| Profit (loss) for the period to be appropriated9905 | €15k | €2k | €-992 | €-137k | €23k | ▲ 117% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €154k | €156k | €155k | €6k | €15k | ▲ 144% |
| Fixed assets21/28 | €150k | €150k | €150k | €0 | €2k | - |
| Tangible fixed assets22/27 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | - | - | - | - | €2k | - |
| Financial fixed assets28 | €150k | €150k | €150k | €0 | - | - |
| Current assets29/58 | €4k | €6k | €5k | €6k | €13k | ▲ 111% |
| Amounts receivable within one year40/41 | €3 | €6k | - | €6k | €8k | ▲ 28.2% |
| Trade receivables40 | - | €6k | - | €6k | €8k | ▲ 28.2% |
| Cash at bank and in hand54/58 | €4k | - | €5k | €0 | €5k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €154k | €156k | €155k | €6k | €15k | ▲ 144% |
| Equity10/15 | €18k | €19k | €18k | €-119k | €-100k | ▲ 15.7% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Reserves13 | €15k | €17k | €17k | €17k | €17k | = |
| Distributable reserves133 | - | €17k | €17k | €17k | €17k | = |
| Profit (loss) carried forward14 | - | - | €-992 | €-138k | €-119k | ▲ 13.5% |
| Amounts payable17/49 | €136k | €137k | €136k | €125k | €115k | ▼ 7.9% |
| Amounts payable after more than one year17 | €41k | €52k | €27k | €20k | €13k | ▼ 36.9% |
| Financial debts170/4 | - | €52k | €27k | €20k | €13k | ▼ 36.9% |
| Amounts payable within one year42/48 | €95k | €84k | €108k | €103k | €101k | ▼ 2.4% |
| Current portion of amounts payable after more than one year42 | - | €7k | €7k | €10k | €7k | ▼ 23.7% |
| Financial debts43 | - | €7 | - | €164 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €7 | - | €164 | €0 | ▼ 100% |
| Trade debts44 | €6k | €43k | €2k | €3k | €6k | ▲ 86.6% |
| Suppliers440/4 | - | €43k | €2k | €3k | €6k | ▲ 86.6% |
| Taxes, remuneration and social security45 | - | €18k | €732 | €7k | €13k | ▲ 74.5% |
| Taxes450/3 | - | €16k | €732 | €7k | €13k | ▲ 74.5% |
| Remuneration and social security454/9 | - | €2k | - | - | - | - |
| Other amounts payable47/48 | - | €17k | €98k | €83k | €75k | ▼ 10.1% |
| Accrued charges and deferred income492/3 | - | €712 | €1k | €1k | €1k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €2k | €-992 | €-137k | €23k | ▲ 117% |
| + Depreciation and write-downs630 | - | - | - | - | €703 | - |
| Operating cash flow (approximation) | €15k | €2k | €-992 | €-137k | €24k | ▲ 117% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €150k | €-3k | ▼ 102% |
| Change in cash | - | - | - | €-5k | €5k | ▲ 205% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-137k
Net result drops to €-137k, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 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
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, Gent · 1 establishment unit since 2019
Ground area
153 m²
Building footprint
62 m²
Volume, LiDAR
376 m³
Parcel 44021A3624/00_000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jazzi
since 20192.299.407.665
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3624/00_000 | Flanders | 153 m² | 1 · 62 m² | 8.4 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.
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 7,143 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
Founded16-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.