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Jazzup

Active
Private limited companyfounded 20215 yrs activeThonissenlaan 63, 3500 Hasselt, BelgiumKBO/BCE: BE 0772.651.124

Jazzup has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.37M and a net result of €-830. Equity is growing by ~374.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
74 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▲+32
Solvency100=
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 4.06; short-term debt: 5.2% and cash: 3.2% of total assets), and 8.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
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
Sector 68
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2023
36 d early
2022
20 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€3.37M▲ 749%
2023 · €396k
2022: €397k 2023: €396k
2022 → 2024
Total assets
€3.67M▲ 598%
2023 · €525k
2022: €525k 2023: €525k
2022 → 2024
Net result
€-830▼ 54.6%
2023 · €-537
2022: €-4k 2023: €-537
2022 → 2024
Working capital
€582k▲ 11.4%
2023 · €522k
2022: €523k 2023: €522k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€397k-€396k▼ 0.1%€3.37M▲ 749%
Operating result€-4k-€-531▲ 87.9%€-14k▼ 2,478%
Net result€-4k-€-537▲ 87.8%€-830▼ 54.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-15k€-10k€-5k€0Operating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2023: €-531€-531Net result 2023: €-537€-537Operating result 2024: €-14k€-14kNet result 2024: €-830€-830202220232024
The operating result stays negative: a loss of €14k in 2024 against €531 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.67M
Fixed assets €2.90M
Current assets €773k
Equity and liabilities €3.67M
Equity €3.37M▲ 749%
Provisions €113k▼ 10.4%
Debt €191k▲ 6,229%
The debt ratio rises from 0.6% to 5.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€90k
Cash flow
€103k
Solvency
91.7%
2023 · 75.4%
Current ratio
4.06
Quick ratio
4.06
Debt / equity
0.06
2023 · 0.01
ROE
0.0%
2023 · -0.1%
ROA
0.0%
2023 · -0.1%
Interest coverage
435.30
Debt
€191k
2023 · €3k
Debt ≤ 1 year
€191k
2023 · €3k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€525k€3.67M
Fixed assets21/28-€2.90M
Tangible fixed assets22/27-€2.90M
Land and buildings22-€2.90M
Current assets29/58€525k€773k
Amounts receivable within one year40/41€525k€622k
Trade receivables40-€121k
Other amounts receivable41€525k€501k
Cash at bank and in hand54/58-€117k
Deferred charges and accrued income490/1-€33k
Equity and liabilities
Total equity and liabilities10/49€525k€3.67M
Equity10/15€396k€3.37M
Contributions10/11€23k€3.02M
Reserves13€379k€339k
Tax-exempt reserves132€379k€339k
Profit (loss) carried forward14€-5k€3k
Provisions and deferred taxes16€126k€113k
Deferred taxes168€126k€113k
Amounts payable17/49€3k€191k
Amounts payable within one year42/48€3k€191k
Trade debts44€221€160k
Suppliers440/4€221€160k
Other amounts payable47/48€3k€30k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€104k
Other operating charges640/8€62€62=
Gross operating margin9900€-469€90k
Operating profit (loss)9901€-531€-14k
Financial charges65/66B€5€206
Recurring financial charges65€5€206
Profit (loss) for the period before taxes9903€-537€-14k
Transfer from deferred taxes780-€13k
Profit (loss) for the period9904€-537€-830
Transfer from tax-exempt reserves789-€39k
Profit (loss) for the period to be appropriated9905€-537€38k
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€33k
Profit (loss) brought forward from the previous period14P€-4k€-5k
Profit to be distributed694/7-€30k
Directors or managers695-€30k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €2MEq €3.37M ▲749%
Equity rises from €396k to €3.37M.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Hasselt · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Thonissenlaan 633500 Hasselt
Ground area
962 m²
Building footprint
393 m²
Volume, LiDAR
7,157 m³
Parcel 71022H1379/00E002, Flanders · tallest building 24.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Jazzup
Thonissenlaan 63, 3500 HasseltReal estate development
since 20212.360.567.155
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H1379/00E002 Flanders 962 m² 1 · 393 m² 24.7 m · 7 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

Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 2,306 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-08-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.