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JEAL

Active
Limited partnershipfounded 201511 yrs activeBrandweerstraat 19, 9000 Gent, BelgiumKBO/BCE: BE 0631.752.387
Summary

For JEAL, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €4.8m and a net result of -€46,809. Equity remains stable across the filed fiscal years (±2.3% per year). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability35▲+6
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · 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 2021
Solvency, return and age of the figures
Solvency
91.3%
Return on assets
-0.9%
Age of the figures
66 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-03-2022 close31-10-2022 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 29-11-2021, 29 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 · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
29 d late
2020
30 d late
2019
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

On 4 June 2015, JEAL was incorporated.1 Total assets went from EUR 5.9 million in 2019 to EUR 5.3 million in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

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Financials · fiscal year 2021, micro schema

Equity
€4.8m▼ 1.0%
2020 · €4.8m
Total assets
€5.3m▼ 3.8%
2020 · €5.5m
Net result
-€46,809▲ 74.0%
2020 · -€180,346
Working capital
-€393,866▲ 5.4%
2020 · -€416,564
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result-€16,353--€133,837▼ 718%-€23,222▲ 82.6%
Net result-€59,758--€180,346▼ 202%-€46,809▲ 74.0%
Equity€5.0m-€4.8m▼ 3.6%€4.8m▼ 1.0%
Total assets€5.9m-€5.5m▼ 7.8%€5.3m▼ 3.8%
Debt€896,025-€616,174▼ 31.2%€454,748▼ 26.2%
Working capital-€624,756--€416,564▲ 33.3%-€393,866▲ 5.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2019: -€16,353-€16,353Net result 2019: -€59,758-€59,758Operating result 2020: -€133,837-€133,837Net result 2020: -€180,346-€180,346Operating result 2021: -€23,222-€23,222Net result 2021: -€46,809-€46,809201920202021-€200,000-€150,000-€100,000-€50,000€0Operating result 2019: -€16,353-€16,400Net result 2019: -€59,758-€59,800Operating result 2020: -€133,837-€134,000Net result 2020: -€180,346-€180,000Operating result 2021: -€23,222-€23,200Net result 2021: -€46,809-€46,800201920202021
The operating result stays negative: a loss of €23,222 in 2021 against €133,837 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €5.3m
Fixed assets €5.2m ▼ 1.3%
Current assets €54,921 ▼ 71.9%
Equity and liabilities €5.3m
Equity €4.8m ▼ 1.0%
Debt €454,748 ▼ 26.2%
Debt's share of the balance-sheet total falls from 11.3% to 8.7%. Equity and debt are lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€99,783▲
2020 · -€17,606
Cash flow
€76,195▲
2020 · -€64,115
Current ratio
0.12▼
2020 · 0.32
Debt to equity
0.00▲
2020 · 0.00
ROE
-1.0%▲
2020 · -3.7%
ROA
-0.9%▲
2020 · -3.3%
Debt ≤ 1 year
€448,787▼
2020 · €612,161
Debt > 1 year
€755=
2020 · €755
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 20 lines
Balance sheet Code20202021
Assets
Total assets20/58€5.5m€5.3m▼
Fixed assets21/28€5.3m€5.2m▼
Tangible fixed assets22/27€5.3m€5.2m▼
Current assets29/58€195,597€54,921▼
Cash at bank and in hand54/58€194,227€53,503▼
Equity and liabilities
Total equity and liabilities10/49€5.5m€5.3m▼
Equity10/15€4.8m€4.8m▼
Reserves13€14,607€14,607=
Profit (loss) carried forward14-€557,793-€604,603▼
Amounts payable17/49€616,174€454,748▼
Amounts payable after more than one year17€755€755=
Amounts payable within one year42/48€612,161€448,787▼
Trade debts44€449€6,014▲
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116,231€123,005▲
Gross operating margin9900€73,371€115,016▲
Operating profit (loss)9901-€133,837-€23,222▲
Recurring financial charges65€32,783€23,587▼
Profit (loss) for the period before taxes9903-€180,346-€46,809▲
Profit (loss) for the period9904-€180,346-€46,809▲
Profit (loss) for the period to be appropriated9905-€180,346-€46,809▲
Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92,830€116,231€123,005▲ 5.8%
Gross operating margin9900€83,468€73,371€115,016▲ 56.8%
Operating profit (loss)9901-€16,353-€133,837-€23,222▲ 82.6%
Recurring financial income75€13,648---
Recurring financial charges65€57,052€32,783€23,587▼ 28.1%
Profit (loss) for the period before taxes9903-€59,758-€180,346-€46,809▲ 74.0%
Profit (loss) for the period9904-€59,758-€180,346-€46,809▲ 74.0%
Profit (loss) for the period to be appropriated9905-€59,758-€180,346-€46,809▲ 74.0%
Line201920202021Change
Assets
Total assets20/58€5.9m€5.5m€5.3m▼ 3.8%
Fixed assets21/28€5.7m€5.3m€5.2m▼ 1.3%
Tangible fixed assets22/27€4.6m€5.3m€5.2m▼ 1.3%
Financial fixed assets28€1.0m---
Current assets29/58€260,734€195,597€54,921▼ 71.9%
Stocks and contracts in progress3€17,000---
Amounts receivable within one year40/41€180---
Cash at bank and in hand54/58€243,554€194,227€53,503▼ 72.5%
Equity and liabilities
Total equity and liabilities10/49€5.9m€5.5m€5.3m▼ 3.8%
Equity10/15€5.0m€4.8m€4.8m▼ 1.0%
Contributions10/11€5.4m---
Reserves13€14,607€14,607€14,607=
Profit (loss) carried forward14-€377,448-€557,793-€604,603▼ 8.4%
Amounts payable17/49€896,025€616,174€454,748▼ 26.2%
Amounts payable after more than one year17€535€755€755=
Amounts payable within one year42/48€885,490€612,161€448,787▼ 26.7%
Trade debts44-€449€6,014▲ 1,240%
Line201920202021Change
Profit (loss) for the period9904-€59,758-€180,346-€46,809▲ 74.0%
+ Depreciation and write-downs630€92,830€116,231€123,005▲ 5.8%
Operating cash flow (approximation)€33,071-€64,115€76,195▲ 219%
Investment in fixed assets (approximation)-€278,829-€55,446▼ 120%
Change in cash--€49,327-€140,724▼ 185%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
29-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial Weakest financial yearnet -€180,346
Net result drops to -€180,346, the lowest in the series; recovery starts the following year.
2019
10-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 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, Gent · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
1,481 m²
Volume, LiDAR
24,099 m³
Parcel 44021A3679/00A000, Flanders · tallest building 21.3 m, ±5 floors. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
JEAL
Brandweerstraat 19, 9000 GentFinancial service activities, except insurance and pension funding
since 20152.242.831.228
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44021A3679/00A000
ProtectedMonumentKoninklijke Academie voor Schone KunstenSource ↗
Flanders 1.1 ha 1 · 1,481 m² 21.3 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification
Legal formLimited partnership
Founded04-06-2015
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID 0208:0631752387
Also 9925:BE0631752387
Registered 30-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.