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JB Estates

Active
Private limited companyfounded 2025active for 1 yearLeiaard 10, 2550 Kontich, BelgiumKBO/BCE: BE 1019.689.536
Summary

JB Estates has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €309 and a net result of -€2,691. Its solvency ranks better than 24% of 17,093 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €12,000
Estimated: probably between €4,500 and €23,000
Total assets
€12,027
Net result
-€2,691
Working capital
-€1,061

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €12,027
Fixed assets €1,370
Current assets €10,657
Equity and liabilities €12,027
Equity €309
Debt €11,719
Debt finances 97.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€2,343
Cash flow
-€2,590
Current ratio
0.91
ROA
-22.4%
Interest coverage
0.69
Debt ≤ 1 year
€11,719
Income taxes
€1,531
Equity ratios withheld: equity of €309 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 167 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 89.2% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
6.6% stopped otherwise
89.2% still going

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 0.9%
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 167 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 · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€12,027
Fixed assets21/28€1,370
Tangible fixed assets22/27€1,370
Furniture and vehicles24€1,370
Current assets29/58€10,657
Amounts receivable within one year40/41€8,573
Trade receivables40€8,213
Other amounts receivable41€361
Cash at bank and in hand54/58€2,084
Equity and liabilities
Total equity and liabilities10/49€12,027
Equity10/15€309
Contributions10/11€3,000
Profit (loss) carried forward14-€2,691
Amounts payable17/49€11,719
Amounts payable within one year42/48€11,719
Trade debts44€1,546
Suppliers440/4€1,546
Taxes, remuneration and social security45€6,220
Taxes450/3€4,327
Remuneration and social security454/9€1,893
Other amounts payable47/48€3,953
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101
Other operating charges640/8€693
Gross operating margin9900€3,036
Operating profit (loss)9901€2,242
Financial charges65/66B€3,402
Recurring financial charges65€3,402
Profit (loss) for the period before taxes9903-€1,160
Income taxes67/77€1,531
Profit (loss) for the period9904-€2,691
Profit (loss) for the period to be appropriated9905-€2,691
Appropriation of the result
Profit (loss) to be appropriated9906-€2,691

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101
Other operating charges640/8€693
Gross operating margin9900€3,036
Operating profit (loss)9901€2,242
Financial charges65/66B€3,402
Recurring financial charges65€3,402
Profit (loss) for the period before taxes9903-€1,160
Income taxes67/77€1,531
Profit (loss) for the period9904-€2,691
Profit (loss) for the period to be appropriated9905-€2,691
Line2025
Assets
Total assets20/58€12,027
Fixed assets21/28€1,370
Tangible fixed assets22/27€1,370
Furniture and vehicles24€1,370
Current assets29/58€10,657
Amounts receivable within one year40/41€8,573
Trade receivables40€8,213
Other amounts receivable41€361
Cash at bank and in hand54/58€2,084
Equity and liabilities
Total equity and liabilities10/49€12,027
Equity10/15€309
Contributions10/11€3,000
Profit (loss) carried forward14-€2,691
Amounts payable17/49€11,719
Amounts payable within one year42/48€11,719
Trade debts44€1,546
Suppliers440/4€1,546
Taxes, remuneration and social security45€6,220
Taxes450/3€4,327
Remuneration and social security454/9€1,893
Other amounts payable47/48€3,953
Line2025
Profit (loss) for the period9904-€2,691
+ Depreciation and write-downs630€101
Operating cash flow (approximation)-€2,590

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

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 25-06-2026 2026-00217460

Similar companies · same sector, comparable size

Of the 3,673 active companies whose main activity is property management for co-owned buildings (syndics) (NACE 68321), figures are known for 1,400. 40 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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