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JB-CO

Active
Public limited companyfounded 1990active for 35 yearsDublinstraat 37, 9000 Gent, Belgium18 active companies are registered at this addressKBO/BCE: BE 0442.755.708
Summary

JB-CO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €496,817 and a net result of -€14,305. Equity is growing by about 7.1% per year across the filed financial years. Its solvency ranks better than 46% of 37,586 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 30 June 2026 Financial year closed on 30 November 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 16 October 2026.

Turnover
€152,813▼ 3.8%
2023 · €158,779
EBIT margin
1.2%▼ 2.2pp
2023 · 3.4%
Net result
-€14,305▼ 6.2%
2023 · -€13,476
Working capital
€47,687▲ 36.0%
2023 · €35,073
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result falls in 2024; 2024 is 66% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€0.2m 2024 Operating result€0.002m 2024 Net result-€0.01m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€0.2m€0.2m▼ 3.8%
Operating result€0.1m-€0.06m▼ 41.3%€0.5m▲ 722%€0.05m▼ 88.9%-€0.01m€0.005m€0.002m▼ 65.8%
Net result€0.05m-€0.02m▼ 56.0%€0.4mabove the sector's middle half▲ 1,413%€0.04mwithin the sector's middle half▼ 90.1%-€0.01mbelow the sector's middle half-€0.01mbelow the sector's middle half▲ 9.5%-€0.01mbelow the sector's middle half▼ 6.2%
EBIT margin3.4%1.2%▼ 2.2pp
Equity€0.1m-€0.1m▲ 19.9%€0.5mabove the sector's middle half▲ 252%€0.5mabove the sector's middle half▲ 7.1%€0.5mabove the sector's middle half▼ 2.8%€0.5mabove the sector's middle half▼ 2.6%€0.5mabove the sector's middle half▼ 2.8%
Total assets€0.9m-€1.0m▲ 5.9%€1.6mabove the sector's middle half▲ 67.6%€1.2mabove the sector's middle half▼ 26.6%€1.1mabove the sector's middle half▼ 7.3%€0.9mabove the sector's middle half▼ 16.1%€0.9mabove the sector's middle half▲ 1.1%
Debt€0.8m-€0.8m▲ 3.8%€1.0m▲ 23.2%€0.5m▼ 46.2%€0.5m▼ 12.1%€0.3m▼ 34.2%€0.3m▲ 7.8%
Working capital-€0.3m--€0.3m▼ 0.1%€0.1mwithin the sector's middle half€0.07mwithin the sector's middle half▼ 23.0%€0.1mwithin the sector's middle half▲ 28.8%€0.04mwithin the sector's middle half▼ 63.4%€0.05mwithin the sector's middle half▲ 36.0%
Solvency13.3%-15.0%▲ 1.8pp31.5%within the sector's middle half▲ 16.5pp46.0%within the sector's middle half▲ 14.5pp48.3%within the sector's middle half▲ 2.2pp56.1%within the sector's middle half▲ 7.8pp53.9%within the sector's middle half▼ 2.1pp
Current ratio0.55-0.60▲ 0.041.12within the sector's middle half▲ 0.531.23within the sector's middle half▲ 0.111.39within the sector's middle half▲ 0.161.24within the sector's middle half▼ 0.151.27within the sector's middle half▲ 0.03
Return on assets (ROA)6.0%-2.5%▼ 3.5pp22.6%within the sector's middle half▲ 20.1pp3.0%within the sector's middle half▼ 19.5pp-1.4%below the sector's middle half▼ 4.4pp-1.5%below the sector's middle half▼ 0.1pp-1.6%below the sector's middle half▼ 0.1pp
Staff (FTE)0.6-0.3below the sector's middle half0.8▲ 167%
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €921,529
Fixed assets €696,247 ▼ 4.9%
Current assets €225,282 ▲ 25.3%
Equity and liabilities €921,529
Equity €496,817 ▼ 2.8%
Provisions €90,543 =
Debt €334,169 ▲ 7.8%
Debt's share of the balance-sheet total rises from 34.0% to 36.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€40,241▼
2023 · €43,501
Cash flow
€24,102▼
2023 · €24,662
Debt to equity
0.67▲
2023 · 0.61
ROE
-2.9%▼
2023 · -2.6%
Interest coverage
2.63▲
2023 · 2.30
Debt ≤ 1 year
€177,595▲
2023 · €144,753
Debt > 1 year
€156,574▼
2023 · €165,345
Income taxes
€854▲
2023 · €16
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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 · 2024 against 2023 · 60 lines
Balance sheet Code20232024
Assets
Total assets20/58€911,764€921,529▲
Fixed assets21/28€731,938€696,247▼
Tangible fixed assets22/27€731,337€695,646▼
Land and buildings22€619,139€601,144▼
Plant, machinery and equipment23€64,058€57,692▼
Furniture and vehicles24€39,299€27,969▼
Other tangible fixed assets26€8,841€8,841=
Financial fixed assets28€601€601=
Current assets29/58€179,826€225,282▲
Amounts receivable after more than one year29€1,000-
Trade receivables290€1,000-
Amounts receivable within one year40/41€168,012€201,368▲
Trade receivables40€51,641€87,199▲
Other amounts receivable41€116,371€114,170▼
Cash at bank and in hand54/58€8,439€23,913▲
Deferred charges and accrued income490/1€2,374-
Equity and liabilities
Total equity and liabilities10/49€911,764€921,529▲
Equity10/15€511,122€496,817▼
Contributions10/11€62,500€62,500=
Capital10-€62,500
Issued capital100-€62,500
Contributions outside capital11€62,500-
Other1109/19€62,500-
Reserves13€455,030€455,030=
Non-distributable reserves130/1€6,250€6,250=
Reserves not available under the articles1311€6,250€6,250=
Tax-exempt reserves132€362,173€362,173=
Distributable reserves133€86,607€86,607=
Profit (loss) carried forward14-€6,409-€20,714▼
Provisions and deferred taxes16€90,543€90,543=
Deferred taxes168€90,543€90,543=
Amounts payable17/49€310,099€334,169▲
Amounts payable after more than one year17€165,345€156,574▼
Financial debts170/4€165,345€156,574▼
Amounts payable within one year42/48€144,753€177,595▲
Current portion of amounts payable after more than one year42€60,746-
Financial debts43€330€29,299▲
Credit institutions430/8€330€29,299▲
Trade debts44€5,501€8,982▲
Suppliers440/4€5,501€8,982▲
Advances received on contracts in progress46€71,088€139,315▲
Taxes, remuneration and social security45€7,088-
Taxes450/3€7,088-
Income statement Code20232024
Turnover70€158,779€152,813▼
Non-recurring operating income76A€10,869-
Goods, raw materials, services and sundry goods60/61€134,120€110,074▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,138€38,407▲
Other operating charges640/8€3,366€2,498▼
Gross operating margin9900€46,867€42,738▼
Operating profit (loss)9901€5,363€1,834▼
Financial income75/76B€53€15▼
Recurring financial income75€53€15▼
Financial charges65/66B€18,876€15,300▼
Recurring financial charges65€18,876€15,300▼
Profit (loss) for the period before taxes9903-€13,460-€13,451▲
Income taxes67/77€16€854▲
Profit (loss) for the period9904-€13,476-€14,305▼
Profit (loss) for the period to be appropriated9905-€13,476-€14,305▼
Appropriation of the result
Profit (loss) to be appropriated9906-€6,409-€20,714▼
Profit (loss) brought forward from the previous period14P€7,067-€6,409▼

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

Line2018201920202021202220232024Change
Turnover70-----€158,779€152,813▼ 3.8%
Non-recurring operating income76A---€17,209€0€10,869--
Goods, raw materials, services and sundry goods60/61-----€134,120€110,074▼ 17.9%
Remuneration, social security and pensions62---€10,427€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,973€27,803€25,738€30,826€38,802€38,138€38,407▲ 0.7%
Other operating charges640/8---€42,657€2,337€3,366€2,498▼ 25.8%
Non-recurring operating charges66A---€0----
Gross operating margin9900€148,326€107,308€516,569€136,620€28,089€46,867€42,738▼ 8.8%
Operating profit (loss)9901€98,190€57,653€473,939€52,711-€13,050€5,363€1,834▼ 65.8%
Financial income75/76B---€17,561€16,607€53€15▼ 71.3%
Recurring financial income75€15,003€15,529€16,391€17,561€16,607€53€15▼ 71.3%
Financial charges65/66B---€24,819€20,491€18,876€15,300▼ 18.9%
Recurring financial charges65€31,410€40,804€33,447€24,819€20,491€18,876€15,300▼ 18.9%
Profit (loss) for the period before taxes9903€81,783€32,378€456,882€45,452-€16,934-€13,460-€13,451▲ 0.1%
Transfer from deferred taxes780----€5,489---
Transfer to deferred taxes680---€0----
Income taxes67/77€27,641€8,553€369€9,775€3,445€16€854▲ 5,244%
Profit (loss) for the period9904€54,142€23,825€360,481€35,677-€14,889-€13,476-€14,305▼ 6.2%
Transfer from tax-exempt reserves789----€21,956---
Transfer to tax-exempt reserves689---€0----
Profit (loss) for the period to be appropriated9905€54,142€23,825-€23,648€35,677€7,067-€13,476-€14,305▼ 6.2%
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.9m€1.0m€1.6m€1.2m€1.1m€0.9m€0.9m▲ 1.1%
Fixed assets21/28€0.5m€0.5m€0.7m€0.8m€0.7m€0.7m€0.7m▼ 4.9%
Tangible fixed assets22/27€0.5m€0.5m€0.7m€0.8m€0.7m€0.7m€0.7m▼ 4.9%
Land and buildings22---€0.6m€0.6m€0.6m€0.6m▼ 2.9%
Plant, machinery and equipment23---€0.07m€0.07m€0.06m€0.06m▼ 9.9%
Furniture and vehicles24---€0.06m€0.05m€0.04m€0.03m▼ 28.8%
Other tangible fixed assets26---€0.009m€0.009m€0.009m€0.009m=
Financial fixed assets28€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.4m€0.4m€0.9m€0.4m€0.3m€0.2m€0.2m▲ 25.3%
Amounts receivable after more than one year29---€0.03m€0.01m€0.001m--
Trade receivables290---€0.03m€0.01m€0.001m--
Amounts receivable within one year40/41€0.4m€0.4m€0.6m€0.4m€0.3m€0.2m€0.2m▲ 19.9%
Trade receivables40---€0.03m€0.03m€0.05m€0.09m▲ 68.9%
Other amounts receivable41---€0.3m€0.3m€0.1m€0.1m▼ 1.9%
Current investments50/53-€0.04m------
Cash at bank and in hand54/58€32-€0.001m€0.001m€0.03m€0.008m€0.02m▲ 183%
Deferred charges and accrued income490/1---€0.003m€0.004m€0.002m--
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.0m€1.6m€1.2m€1.1m€0.9m€0.9m▲ 1.1%
Equity10/15€0.1m€0.1m€0.5m€0.5m€0.5m€0.5m€0.5m▼ 2.8%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0--€0.06m-
Issued capital100---€0--€0.06m-
Contributions outside capital11---€0.06m€0.06m€0.06m--
Other1109/19---€0.06m€0.06m€0.06m--
Reserves13€0.06m€0.08m€0.4m€0.5m€0.5m€0.5m€0.5m=
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0----
Reserves not available under the articles1311---€0.006m€0.006m€0.006m€0.006m=
Tax-exempt reserves132---€0.4m€0.4m€0.4m€0.4m=
Distributable reserves133---€0.09m€0.09m€0.09m€0.09m=
Profit (loss) carried forward14----€0.007m-€0.006m-€0.02m▼ 223%
Provisions and deferred taxes16--€0.1m€0.1m€0.09m€0.09m€0.09m=
Deferred taxes168---€0.1m€0.09m€0.09m€0.09m=
Amounts payable17/49€0.8m€0.8m€1.0m€0.5m€0.5m€0.3m€0.3m▲ 7.8%
Amounts payable after more than one year17€0.1m€0.09m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 5.3%
Financial debts170/4---€0.2m€0.2m€0.2m€0.2m▼ 5.3%
Amounts payable within one year42/48€0.6m€0.7m€0.8m€0.3m€0.2m€0.1m€0.2m▲ 22.7%
Current portion of amounts payable after more than one year42---€0.05m€0.06m€0.06m--
Financial debts43---€0.2m€0.05m€330€0.03m▲ 8,768%
Credit institutions430/8---€0.2m€0.05m€330€0.03m▲ 8,768%
Trade debts44€0.1m€0.07m€0.2m€0.02m€0.02m€0.006m€0.009m▲ 63.3%
Suppliers440/4---€0.02m€0.02m€0.006m€0.009m▲ 63.3%
Advances received on contracts in progress46---€0.08m€0.1m€0.07m€0.1m▲ 96.0%
Taxes, remuneration and social security45---€0.02m€0.006m€0.007m--
Taxes450/3---€0.02m€0.006m€0.007m--
Remuneration and social security454/9---€0.001m€0---
Other amounts payable47/48---€0----
Line2018201920202021202220232024Change
Profit (loss) for the period9904€54,142€23,825€360,481€35,677-€14,889-€13,476-€14,305▼ 6.2%
+ Depreciation and write-downs630€26,973€27,803€25,738€30,826€38,802€38,138€38,407▲ 0.7%
Operating cash flow (approximation)€81,116€51,628€386,220€66,503€23,913€24,662€24,102▼ 2.3%
Investment in fixed assets (approximation)--€9,712-€220,968-€81,541-€10,778-€24,674-€2,716▲ 89.0%
Change in cash---€443€23,915-€16,934€15,474-

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

Download as CSV

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
30-11-2024 micro format 07-07-2025 2025-00244819
30-11-2023 micro format 05-11-2024 2024-00532867
30-11-2022 micro format 03-07-2023 2023-00212162
30-11-2021 micro format 27-06-2022 2022-20115593
30-11-2020 micro format 27-10-2021 2021-74400245
30-11-2019 micro format 26-06-2020 2020-21800533
30-11-2018 micro format 06-06-2019 2019-16300466
30-11-2017 micro format 03-07-2018 2018-26600443
30-11-2016 abbreviated format 29-05-2017 2017-13000303
30-11-2015 abbreviated format 01-09-2016 2016-53800495

Show all 33 filings

Similar companies · same sector, comparable size

Of the 82,258 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,856. 35,151 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €435 awarded · €435 paid
Year Entries AwardedPaid
2023 1 €135€135
2022 1 €300€300
Schemes
2 entries · €435 · €435 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.