JB STUDIO'S

Active

Limited partnershipfounded 201015 yrs activeDendermondsesteenweg 208, 9280 Lebbeke, BelgiumKBO/BCE: BE 0832.061.446

JB STUDIO'S has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2013 annual accounts show equity of €6.79M and a net result of €965k. Equity is growing by ~49.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Watch Print / PDF

Checked score

Score 2013

63 / 100

Healthy▲ +7 vs 2012

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2012

Profitability71▲+47

Solvency67▲+1

Growth78=

Stability100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €430k at 30 days only on tighter terms

Liquidity short (current ratio 0.53 against 0.25 in 2012), and 44.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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 2013

Solvency, return and age of the figures

Solvency

55.7%

Return on assets

7.9%

Age of the figures

152 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

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

No filing for years

The last filed financial year closed on 31-12-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 3 filings

Position against the passed deadline

31-12-2014 close31-07-2015 deadline14-09-2026 today

Filed after the deadline

The financial year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 13-08-2014, 13 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

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 2013, abbreviated schema

Equity

€6.79M▲ 16.6%

2012 · €5.83M

2011: €996k 2012: €5.83M

2011 → 2013

Total assets

€12.20M▲ 7.6%

2012 · €11.34M

2011: €1.82M 2012: €11.34M

2011 → 2013

Net result

€965k▲ 246%

2012 · €279k

2011: €-4k 2012: €279k

2011 → 2013

Working capital

€-1.20M▲ 21.2%

2012 · €-1.52M

2011: €-731k 2012: €-1.52M

2011 → 2013

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line201120122013Trend

Equity€996k-€5.83M▲ 485%€6.79M▲ 16.6%

Operating result€-4k-€483k€1.48M▲ 206%

Net result€-4k-€279k€965k▲ 246%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2013 is 206% above 2012 and is the highest year so far.

Balance-sheet composition

2013 in colour, 2012 as the grey bar beneath

Assets €12.20M

88.8%

11%

Fixed assets €10.83M=

Current assets €1.37M▲ 170%

Equity and liabilities €12.20M

55.7%

44.3%

Equity €6.79M▲ 16.6%

Debt €5.40M▼ 1.9%

The debt ratio falls from 48.6% to 44.3%: equity grows while debt is paid down.

Key figures and ratios

2013 value · change against 2012

Solvency

55.7%▲

2012 · 51.4%

Current ratio

0.53▲

2012 · 0.25

Quick ratio

0.53▲

2012 · 0.25

Debt / equity

0.42▼

2012 · 0.60

ROE

14.2%▲

2012 · 4.8%

ROA

7.9%▲

2012 · 2.5%

Debt

€5.40M▼

2012 · €5.51M

Debt ≤ 1 year

€2.56M▲

2012 · €2.03M

Debt > 1 year

€2.84M▼

2012 · €3.48M

Income taxes

€354k▲

2012 · €146k

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 · 2013 against 2012

Balance sheet Code20122013

Assets

Total assets20/58€11.34M€12.20M▲

Fixed assets21/28€10.83M€10.83M=

Financial fixed assets28€10.83M€10.83M=

Current assets29/58€507k€1.37M▲

Amounts receivable within one year40/41€284k€530k▲

Current investments50/53-€120k

Cash at bank and in hand54/58€223k€716k▲

Equity and liabilities

Total equity and liabilities10/49€11.34M€12.20M▲

Equity10/15€5.83M€6.79M▲

Contributions10/11€5.56M€5.56M=

Reserves13€275k€856k▲

Profit (loss) carried forward14-€384k

Amounts payable17/49€5.51M€5.40M▼

Amounts payable after more than one year17€3.48M€2.84M▼

Amounts payable within one year42/48€2.03M€2.56M▲

Trade debts44€671€203k▲

Income statement Code20122013

Gross operating margin9900€483k€1.48M▲

Operating profit (loss)9901€483k€1.48M▲

Recurring financial income75€439€8k▲

Recurring financial charges65€58k€166k▲

Profit (loss) for the period before taxes9903€425k€1.32M▲

Income taxes67/77€146k€354k▲

Profit (loss) for the period9904€279k€965k▲

Profit (loss) for the period to be appropriated9905€279k€665k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 3Filings 3

2014

13-08

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema · 13 days late

2013

31-12

Financial Highest result since 2011net €965k ▲246%

Operating result €1.48M, net result €965k, both a record.

02-08

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema · 2 days late

2012

31-12

Financial Back to profitnet €279k

Net result €279k after one loss-making year.

31-12

Financial Equity above €5MEq €5.83M ▲485%

Equity rises from €996k to €5.83M.

06-08

NBB filing Annual accounts filed

fiscal year 2011 · abbreviated schema · 6 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

12 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, Lebbeke · 1 establishment unit since 2011

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.

Dendermondsesteenweg 2089280 Lebbeke

Ground area

5,801 m²

Building footprint

9,720 m²

Volume, LiDAR

62,936 m³