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JDA²

Active
Private limited companyfounded 2024active for 2 yearsRue André Renard 1, 5300 Andenne, BelgiumKBO/BCE: BE 1008.904.324
Summary

JDA² has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€135,190) and a net result of -€145,190. Its solvency ranks better than 10% of 17,107 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
-€135,190
Total assets
€814,312
Net result
-€145,190
Working capital
-€220,985

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €814,312
Fixed assets €801,279
Current assets €13,032
Equity and liabilities
Equity-€135,190
Debt€949,501
Equity is negative: debt (€949,501) exceeds the balance-sheet total (€814,312).
Key figures and ratios
2025 value
EBITDA
-€35,902
Cash flow
-€84,942
Solvency
-16.6%
Current ratio
0.06
ROA
-17.8%
Interest coverage
-0.73
Debt
€949,501
Debt ≤ 1 year
€234,017
Debt > 1 year
€715,485
Income taxes
€2
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 490 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 88.8% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
6.7% went bankrupt
3.9% stopped otherwise
88.8% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.0% 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 490 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 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€814,312
Fixed assets21/28€801,279
Tangible fixed assets22/27€801,279
Land and buildings22€775,100
Plant, machinery and equipment23€6,614
Other tangible fixed assets26€19,565
Current assets29/58€13,032
Amounts receivable within one year40/41€2,482
Trade receivables40€2,472
Other amounts receivable41€10
Cash at bank and in hand54/58€8,962
Deferred charges and accrued income490/1€1,589
Equity and liabilities
Total equity and liabilities10/49€814,312
Equity10/15-€135,190
Contributions10/11€10,000
Profit (loss) carried forward14-€145,190
Amounts payable17/49€949,501
Amounts payable after more than one year17€715,485
Financial debts170/4€715,485
Amounts payable within one year42/48€234,017
Current portion of amounts payable after more than one year42€41,449
Trade debts44€12,774
Suppliers440/4€12,774
Taxes, remuneration and social security45€3,205
Taxes450/3€3,205
Other amounts payable47/48€176,590
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60,248
Other operating charges640/8€11,536
Gross operating margin9900-€24,366
Operating profit (loss)9901-€96,150
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€49,057
Recurring financial charges65€49,057
Profit (loss) for the period before taxes9903-€145,188
Income taxes67/77€2
Profit (loss) for the period9904-€145,190
Profit (loss) for the period to be appropriated9905-€145,190
Appropriation of the result
Profit (loss) to be appropriated9906-€145,190

The notes to these accounts (6 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€60,248
Other operating charges640/8€11,536
Gross operating margin9900-€24,366
Operating profit (loss)9901-€96,150
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€49,057
Recurring financial charges65€49,057
Profit (loss) for the period before taxes9903-€145,188
Income taxes67/77€2
Profit (loss) for the period9904-€145,190
Profit (loss) for the period to be appropriated9905-€145,190
Line2025
Assets
Total assets20/58€814,312
Fixed assets21/28€801,279
Tangible fixed assets22/27€801,279
Land and buildings22€775,100
Plant, machinery and equipment23€6,614
Other tangible fixed assets26€19,565
Current assets29/58€13,032
Amounts receivable within one year40/41€2,482
Trade receivables40€2,472
Other amounts receivable41€10
Cash at bank and in hand54/58€8,962
Deferred charges and accrued income490/1€1,589
Equity and liabilities
Total equity and liabilities10/49€814,312
Equity10/15-€135,190
Contributions10/11€10,000
Profit (loss) carried forward14-€145,190
Amounts payable17/49€949,501
Amounts payable after more than one year17€715,485
Financial debts170/4€715,485
Amounts payable within one year42/48€234,017
Current portion of amounts payable after more than one year42€41,449
Trade debts44€12,774
Suppliers440/4€12,774
Taxes, remuneration and social security45€3,205
Taxes450/3€3,205
Other amounts payable47/48€176,590
Line2025
Profit (loss) for the period9904-€145,190
+ Depreciation and write-downs630€60,248
Operating cash flow (approximation)-€84,942

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 10-06-2026 2026-00154389

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 9,085 active companies whose main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201), figures are known for 6,926. See the whole sector

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