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JB

Active
Private limited company (pre-2019)founded 201016 yrs activeVillalaan 13, 1601 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0828.190.552
Summary

The computed 12-month bankruptcy probability of JB is 1.5% (moderate). The 2026 annual accounts show negative equity (-€107,227) and a net result of -€10,699. Equity is shrinking by ~13% per year across the filed fiscal years. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2026
Axes · tick = 2025
Profitability26▲+2
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.08 in 2025; short-term debt: 3.5% and cash: 0.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2026
Solvency, return and age of the figures
Solvency
-47.4%
Return on assets
-4.7%
Age of the figures
6 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year -€107,227
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 16-07-2026, 107 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
107 d early
2025
21 d early
2024
73 d early
2023
62 d early
2022
82 d early
2021
104 d early
2020
96 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 78 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 19 August (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-03-2027 close31-10-2027 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

History

On 28 July 2010, JB was incorporated.1 Total assets went from EUR 227,830 in 2019 to EUR 225,992 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2026

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Financials · fiscal year 2026, abbreviated schema

Equity
-€107,227▼ 11.1%
2025 · -€96,527
Total assets
€225,992=
2025 · €225,879
Net result
-€10,699▲ 13.0%
2025 · -€12,291
Working capital
-€7,455▼ 43.3%
2025 · -€5,201
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
Line20222023202420252026
Operating result-€804▲ 28.5%-€917▼ 14.0%-€1,230▼ 34.1%-€715▲ 41.9%-€1,864▼ 161%
Net result-€2,460▲ 18.1%-€8,633▼ 251%-€14,911▼ 72.7%-€12,291▲ 17.6%-€10,699▲ 13.0%
Equity-€60,692▼ 4.2%-€69,325▼ 14.2%-€84,236▼ 21.5%-€96,527▼ 14.6%-€107,227▼ 11.1%
Total assets€226,022▼ 0.3%€225,797▼ 0.1%€226,240▲ 0.2%€225,879▼ 0.2%€225,992=
Debt€286,714▲ 0.7%€295,122▲ 2.9%€310,476▲ 5.2%€322,407▲ 3.8%€333,218▲ 3.4%
Working capital-€1,258▼ 1,109%-€2,511▼ 99.5%-€4,087▼ 62.8%-€5,201▼ 27.2%-€7,455▼ 43.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2022: -€804-€804Net result 2022: -€2,460-€2,460Operating result 2023: -€917-€917Net result 2023: -€8,633-€8,633Operating result 2024: -€1,230-€1,230Net result 2024: -€14,911-€14,911Operating result 2025: -€715-€715Net result 2025: -€12,291-€12,291Operating result 2026: -€1,864-€1,864Net result 2026: -€10,699-€10,69920222023202420252026-€15,000-€10,000-€5,000€0Operating result 2024: -€1,230-€1,230Net result 2024: -€14,911-€14,900Operating result 2025: -€715-€715Net result 2025: -€12,291-€12,300Operating result 2026: -€1,864-€1,860Net result 2026: -€10,699-€10,700202420252026
The operating result stays negative: a loss of €1,864 in 2026 against €715 in 2025; the loss grows and 2026 has the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €225,992
Fixed assets €225,451 =
Current assets €541 ▲ 26.2%
Key figures and ratios
2026 value · change against 2025
Solvency
-47.4%▼
2025 · -42.7%
Current ratio
0.07▼
2025 · 0.08
Debt to equity
-3.11▲
2025 · -3.34
ROA
-4.7%▲
2025 · -5.4%
Debt ≤ 1 year
€7,996▲
2025 · €5,630
Debt > 1 year
€325,223▲
2025 · €316,777
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.5% went bankrupt
5.6% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,338 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 · 2026 against 2025 · 29 lines
Balance sheet Code20252026
Assets
Total assets20/58€225,879€225,992=
Fixed assets21/28€225,451€225,451=
Tangible fixed assets22/27€225,451€225,451=
Land and buildings22€225,451€225,451=
Current assets29/58€429€541▲
Cash at bank and in hand54/58€429€541▲
Equity and liabilities
Total equity and liabilities10/49€225,879€225,992=
Equity10/15-€96,527-€107,227▼
Contributions10/11€18,600€18,600=
Reserves13€18€18=
Non-distributable reserves130/1€18€18=
Reserves not available under the articles1311€18€18=
Profit (loss) carried forward14-€115,145-€125,844▼
Amounts payable17/49€322,407€333,218▲
Amounts payable after more than one year17€316,777€325,223▲
Other amounts payable178/9€316,777€325,223▲
Amounts payable within one year42/48€5,630€7,996▲
Trade debts44€1,630€1,246▼
Suppliers440/4€1,630€1,246▼
Other amounts payable47/48€4,000€6,750▲
Income statement Code20252026
Gross operating margin9900-€715-€1,864▼
Operating profit (loss)9901-€715-€1,864▼
Financial charges65/66B€11,577€8,835▼
Recurring financial charges65€11,577€8,835▼
Profit (loss) for the period before taxes9903-€12,291-€10,699▲
Profit (loss) for the period9904-€12,291-€10,699▲
Profit (loss) for the period to be appropriated9905-€12,291-€10,699▲
Appropriation of the result
Profit (loss) to be appropriated9906-€115,145-€125,844▼
Profit (loss) brought forward from the previous period14P-€102,854-€115,145▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Gross operating margin9900-€804-€917-€1,230-€715-€1,864▼ 161%
Operating profit (loss)9901-€804-€917-€1,230-€715-€1,864▼ 161%
Financial charges65/66B€1,656€7,716€13,682€11,577€8,835▼ 23.7%
Recurring financial charges65€1,656€7,716€13,682€11,577€8,835▼ 23.7%
Profit (loss) for the period before taxes9903-€2,460-€8,633-€14,911-€12,291-€10,699▲ 13.0%
Profit (loss) for the period9904-€2,460-€8,633-€14,911-€12,291-€10,699▲ 13.0%
Profit (loss) for the period to be appropriated9905-€2,460-€8,633-€14,911-€12,291-€10,699▲ 13.0%
Line20222023202420252026Change
Assets
Total assets20/58€226,022€225,797€226,240€225,879€225,992=
Fixed assets21/28€225,451€225,451€225,451€225,451€225,451=
Tangible fixed assets22/27€225,451€225,451€225,451€225,451€225,451=
Land and buildings22€225,451€225,451€225,451€225,451€225,451=
Current assets29/58€571€346€789€429€541▲ 26.2%
Cash at bank and in hand54/58€571€346€789€429€541▲ 26.2%
Equity and liabilities
Total equity and liabilities10/49€226,022€225,797€226,240€225,879€225,992=
Equity10/15-€60,692-€69,325-€84,236-€96,527-€107,227▼ 11.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€18€18€18€18€18=
Non-distributable reserves130/1€18€18€18€18€18=
Reserves not available under the articles1311€18€18€18€18€18=
Profit (loss) carried forward14-€79,310-€87,942-€102,854-€115,145-€125,844▼ 9.3%
Amounts payable17/49€286,714€295,122€310,476€322,407€333,218▲ 3.4%
Amounts payable after more than one year17€284,884€292,265€305,599€316,777€325,223▲ 2.7%
Other amounts payable178/9€284,884€292,265€305,599€316,777€325,223▲ 2.7%
Amounts payable within one year42/48€1,830€2,857€4,877€5,630€7,996▲ 42.0%
Trade debts44€330€357€377€1,630€1,246▼ 23.6%
Suppliers440/4€330€357€377€1,630€1,246▼ 23.6%
Other amounts payable47/48€1,500€2,500€4,500€4,000€6,750▲ 68.8%
Line20222023202420252026Change
Profit (loss) for the period9904-€2,460-€8,633-€14,911-€12,291-€10,699▲ 13.0%
Operating cash flow (approximation)-€2,460-€8,633-€14,911-€12,291-€10,699▲ 13.0%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€225€443-€360€112▲ 131%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
10-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
19-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Weakest financial yearnet -€14,911
Net result drops to -€14,911, the lowest in the series; recovery starts the following year.
2023
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
10-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
19-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
27-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
07-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Sint-Pieters-Leeuw · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
8,450 m²
Building footprint
3,116 m²
Volume, LiDAR
18,470 m³
Parcel 23069A0354/00T002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Villalaan 13, 1601 Sint-Pieters-Leeuw
Real estate activities
since 20152.252.413.145
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23069A0354/00T002 Flanders 8,450 m² 1 · 3,116 m² 9.5 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.

Structure & network

Part of the group パナソニックホールディングス株式会社 5 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. PANASONIC HOLDING (NETHERLANDS) B.V.NL consolidated
  2. ZETES INDUSTRIES 100%
  3. JB

Highest known parent: PANASONIC HOLDING (NETHERLANDS) B.V. (Netherlands). The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded28-07-2010
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.