JCS Airconditioning
Open bankruptcyA bankruptcy procedure is open for JCS Airconditioning according to publications in the Belgian State Gazette; curator: CATHARINA ORLENT. The 2024 annual accounts show equity of €616k and a net result of €140k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d late
2023
300 d late
2022
18 d early
2021
16 d early
2020
8 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€616k▲ 29.4%
2023 · €476k
2018: €259k
2019: €339k
2020: €465k
2021: €505k
2022: €649k
2023: €476k
2018 → 2024
Total assets
€963k▲ 1.8%
2023 · €946k
2018: €859k
2019: €1.02M
2020: €957k
2021: €978k
2022: €1.12M
2023: €946k
2018 → 2024
Net result
€140k
2023 · €-173k
2018: €86k
2019: €81k
2020: €126k
2021: €40k
2022: €144k
2023: €-173k
2018 → 2024
Working capital
€261k▲ 186%
2023 · €91k
2018: €89k
2019: €106k
2020: €168k
2021: €205k
2022: €288k
2023: €91k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€465k-€505k▲ 8.6%€649k▲ 28.5%€476k▼ 26.7%€616k▲ 29.4%
Operating result€197k-€67k▼ 66.0%€215k▲ 222%€-158k€156k
Net result€126k-€40k▼ 68.2%€144k▲ 260%€-173k€140k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €156k after a loss of €158k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €963k
Fixed assets
€474k▼ 7.1%
Current assets
€489k▲ 12.3%
Equity and liabilities €963k
Equity
€616k▲ 29.4%
Debt
€348k▼ 26.1%
The debt ratio falls from 49.7% to 36.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€195k▲
2023 · €-119k
Cash flow
€179k▲
2023 · €-134k
Solvency
63.9%▲
2023 · 50.3%
Current ratio
2.14▲
2023 · 1.26
Quick ratio
1.89▲
2023 · 1.10
Debt / equity
0.57▼
2023 · 0.99
ROE
22.7%▲
2023 · -36.4%
ROA
14.5%▲
2023 · -18.3%
Interest coverage
10.09▲
2023 · -5.67
Debt
€348k▼
2023 · €471k
Debt ≤ 1 year
€229k▼
2023 · €345k
Debt > 1 year
€119k▼
2023 · €126k
Income taxes
€0▼
2023 · €547
Staff costs
€10k
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€946k€963k▲
Fixed assets21/28€510k€474k▼
Tangible fixed assets22/27€509k€472k▼
Land and buildings22€444k€434k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€61k€36k▼
Financial fixed assets28€1k€2k▲
Current assets29/58€436k€489k▲
Stocks and contracts in progress3€57k€57k=
Stocks30/36€57k€57k=
Contracts in progress37€0-
Amounts receivable within one year40/41€371k€407k▲
Trade receivables40€346k€358k▲
Other amounts receivable41€25k€48k▲
Cash at bank and in hand54/58€0€16k▲
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€946k€963k▲
Equity10/15€476k€616k▲
Contributions10/11€19k€19k=
Reserves13€630k€630k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€629k€629k=
Profit (loss) carried forward14€-173k€-33k▲
Amounts payable17/49€471k€348k▼
Amounts payable after more than one year17€126k€119k▼
Financial debts170/4€126k€119k▼
Amounts payable within one year42/48€345k€229k▼
Current portion of amounts payable after more than one year42€87k€98k▲
Financial debts43€10k€0▼
Credit institutions430/8€10k€0▼
Trade debts44€247k€131k▼
Suppliers440/4€247k€131k▼
Taxes, remuneration and social security45€932€0▼
Taxes450/3€932€0▼
Remuneration and social security454/9€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€39k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€31k€0▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-86k€209k▲
Operating profit (loss)9901€-158k€156k▲
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Profit (loss) for the period before taxes9903€-173k€140k▲
Income taxes67/77€547€0▼
Profit (loss) for the period9904€-173k€140k▲
Profit (loss) for the period to be appropriated9905€-173k€140k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-173k€-33k▲
Profit (loss) brought forward from the previous period14P-€-173k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · JCS AIRCONDITIONING BV GASDAM(BEV) 15B, 9120 BEVEREN-KRUIBEKE-ZWIJNDRECHT · event 05-05-2026
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 300 days late
2024
31-12
Financial
Back to profitnet €140k
Net result €140k after one loss-making year.
31-12
Financial
Equity above €500kEq €616k ▲29.4%
Equity rises from €476k to €616k.
2023
31-12
Financial
Weakest financial yearnet €-173k ▼220%
Net result drops to €-173k, the lowest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €144k ▲260%
Operating result €215k, net result €144k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500kEq €505k ▲8.6%
4 profitable years in a row build equity to €505k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2006
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.
Gasdam(BEV) 15B9120 Beveren-Kruibeke-ZwijndrechtGround area
583 m²
Parcel 46502D1096/00Z002, Flanders. Linked by address, not a title deed.
1 establishment unit
JCS Airconditioning
since 20062.157.248.722
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46502D1096/00Z002 | Flanders | 583 m² | - | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CATHARINA ORLENT PR.JOS.CHARLOTTELAAN 71,
9100 SINT-NIKLAAS |
05-05-2026 → present |
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
KERREMANS
BE 0453.883.883
Laakdal · Eq €615k
SUNSOLUTIONS
BE 0823.053.314
Harelbeke · Eq €615k
SOW SANITAIR
BE 0654.943.208
Wetteren · Eq €614k
VERHERBRUGGHEN CENTRALE VERWARMING
BE 0446.584.634
Laarne · Eq €617k
WORKTOOLS
BE 0471.859.864
Overijse · Eq €614k
Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 3,751 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-10-2006
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.