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JDS

Active
Private limited companyfounded 2022active for 4 yearsRue Henri Delhalle 21, 4400 Flémalle, BelgiumKBO/BCE: BE 0791.360.741
Summary

The computed 12-month bankruptcy probability of JDS is 5.7% (elevated). The annual accounts of JDS for financial year 2024 show a net loss of 86% of the equity at the start of that year. The 2024 annual accounts show equity of €2,423 and a net result of -€14,922. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 30 October 2026.

Turnover
≈ €120,000
Estimated: probably between €70,000 and €210,000
Total assets
€40,686▲ 7.3%
2023 · €37,918
Net result
-€14,922
2023 · €14,345
Working capital
€2,423▼ 86.0%
2023 · €17,345
Trend over the years

2023 to 2024, 2 financial years

The operating result turns negative in 2024: a loss of €13,237 after €20,333 in 2023.

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

Operating result-€13,237 2024 Net result-€14,922 2024

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

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€20,333--€13,237
Net result€14,345--€14,922
Equity€17,345-€2,423▼ 86.0%
Total assets€37,918-€40,686▲ 7.3%
Debt€20,572-€38,262▲ 86.0%
Working capital€17,345-€2,423▼ 86.0%
Staff (FTE)1.5
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
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €40,686
Equity €2,423 ▼ 86.0%
Debt €38,262 ▲ 86.0%
Debt's share of the balance-sheet total rises from 54.3% to 94.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.06▼
2023 · 1.84
Debt to equity
15.79▲
2023 · 1.19
ROE
-615.8%▼
2023 · 82.7%
ROA
-36.7%▼
2023 · 37.8%
Debt ≤ 1 year
€38,262▲
2023 · €20,572
Income taxes
€430▼
2023 · €5,559
Staff costs
€41,538▲
2023 · €33,510
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 757 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 86.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
4.8% stopped otherwise
86.8% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.7% 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 497,445 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 757 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 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€37,918€40,686▲
Current assets29/58€37,918€40,686▲
Amounts receivable within one year40/41€24,189€36,318▲
Trade receivables40€22,813€34,633▲
Other amounts receivable41€1,376€1,685▲
Cash at bank and in hand54/58€13,697€4,368▼
Deferred charges and accrued income490/1€32-
Equity and liabilities
Total equity and liabilities10/49€37,918€40,686▲
Equity10/15€17,345€2,423▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€14,345-€577▼
Amounts payable17/49€20,572€38,262▲
Amounts payable within one year42/48€20,572€38,262▲
Trade debts44€807€8,999▲
Suppliers440/4€807€8,999▲
Taxes, remuneration and social security45€15,953€28,236▲
Taxes450/3€10,977€15,656▲
Remuneration and social security454/9€4,976€12,580▲
Other amounts payable47/48€3,813€1,028▼
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€61,936€92,727▲
Remuneration, social security and pensions62€33,510€41,538▲
Other operating charges640/8€1,182€821▼
Gross operating margin9900€55,025€29,121▼
Operating profit (loss)9901€20,333-€13,237▼
Financial charges65/66B€429€1,254▲
Recurring financial charges65€429€1,254▲
Profit (loss) for the period before taxes9903€19,904-€14,492▼
Income taxes67/77€5,559€430▼
Profit (loss) for the period9904€14,345-€14,922▼
Profit (loss) for the period to be appropriated9905€14,345-€14,922▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,345-€577▼
Profit (loss) brought forward from the previous period14P-€14,345

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Goods, raw materials, services and sundry goods60/61€61,936€92,727▲ 49.7%
Remuneration, social security and pensions62€33,510€41,538▲ 24.0%
Other operating charges640/8€1,182€821▼ 30.6%
Gross operating margin9900€55,025€29,121▼ 47.1%
Operating profit (loss)9901€20,333-€13,237-
Financial charges65/66B€429€1,254▲ 192%
Recurring financial charges65€429€1,254▲ 192%
Profit (loss) for the period before taxes9903€19,904-€14,492-
Income taxes67/77€5,559€430▼ 92.3%
Profit (loss) for the period9904€14,345-€14,922-
Profit (loss) for the period to be appropriated9905€14,345-€14,922-
Line20232024Change
Assets
Total assets20/58€37,918€40,686▲ 7.3%
Current assets29/58€37,918€40,686▲ 7.3%
Amounts receivable within one year40/41€24,189€36,318▲ 50.1%
Trade receivables40€22,813€34,633▲ 51.8%
Other amounts receivable41€1,376€1,685▲ 22.5%
Cash at bank and in hand54/58€13,697€4,368▼ 68.1%
Deferred charges and accrued income490/1€32--
Equity and liabilities
Total equity and liabilities10/49€37,918€40,686▲ 7.3%
Equity10/15€17,345€2,423▼ 86.0%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€14,345-€577-
Amounts payable17/49€20,572€38,262▲ 86.0%
Amounts payable within one year42/48€20,572€38,262▲ 86.0%
Trade debts44€807€8,999▲ 11×
Suppliers440/4€807€8,999▲ 11×
Taxes, remuneration and social security45€15,953€28,236▲ 77.0%
Taxes450/3€10,977€15,656▲ 42.6%
Remuneration and social security454/9€4,976€12,580▲ 153%
Other amounts payable47/48€3,813€1,028▼ 73.1%
Line20232024Change
Profit (loss) for the period9904€14,345-€14,922-
Operating cash flow (approximation)€14,345-€14,922-
Change in cash--€9,329-

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 (2)
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00524176
31-12-2023 micro format 28-09-2024 2024-00484745

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