JEBAE
InactiveJEBAE was declared bankrupt on 16-11-2023 (Ondernemingsrechtbank Gent, afdeling Oostende); the bankruptcy was closed by liquidation by judgment of 05-02-2025, published in the Belgian State Gazette on 13-02-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-07-2023, 28 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
28 d early
2021
121 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 47 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)
History
Financials · fiscal year 2022, micro schema
Equity
-€290,853▼ 314%
2021 · -€70,285
Total assets
€187,912▼ 17.4%
2021 · €227,538
Net result
-€220,568▼ 175%
2021 · -€80,285
Working capital
-€333,003▼ 257%
2021 · -€93,342
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
Line20212022
Operating result-€74,285--€210,424▼ 183%
Net result-€80,285--€220,568▼ 175%
Equity-€70,285--€290,853▼ 314%
Total assets€227,538-€187,912▼ 17.4%
Debt€297,823-€478,766▲ 60.8%
Working capital-€93,342--€333,003▼ 257%
Staff (FTE)19-30.3▲ 59.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €210,424 in 2022 against €74,285 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €186,762
Fixed assets
€113,802 ▼ 14.9%
Current assets
€72,961 ▼ 20.9%
Key figures and ratios
EBITDA
-€188,687▼
2021 · -€58,095
Cash flow
-€198,831▼
2021 · -€64,095
Solvency
-154.8%▼
2021 · -30.9%
Current ratio
0.18▼
2021 · 0.50
Quick ratio
0.09▼
2021 · 0.31
Debt to equity
-1.65▲
2021 · -4.24
ROA
-117.4%▼
2021 · -35.3%
Interest coverage
-18.55▼
2021 · -9.48
Debt ≤ 1 year
€405,964▲
2021 · €185,590
Debt > 1 year
€69,546▼
2021 · €111,253
Staff costs
€633,934▲
2021 · €409,618
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €409,618 | €633,934 | ▲ 54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,190 | €21,737 | ▲ 34.3% |
| Other operating charges640/8 | €3,490 | €12,937 | ▲ 271% |
| Operating charges capitalised as restructuring costs649 | €0 | - | - |
| Gross operating margin9900 | €355,012 | €458,184 | ▲ 29.1% |
| Operating profit (loss)9901 | -€74,285 | -€210,424 | ▼ 183% |
| Financial income75/76B | €127 | €29 | ▼ 77.3% |
| Recurring financial income75 | €127 | €29 | ▼ 77.3% |
| Financial charges65/66B | €6,126 | €10,173 | ▲ 66.1% |
| Recurring financial charges65 | €6,126 | €10,173 | ▲ 66.1% |
| Profit (loss) for the period before taxes9903 | -€80,285 | -€220,568 | ▼ 175% |
| Profit (loss) for the period9904 | -€80,285 | -€220,568 | ▼ 175% |
| Profit (loss) for the period to be appropriated9905 | -€80,285 | -€220,568 | ▼ 175% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €227,538 | €187,912 | ▼ 17.4% |
| Formation expenses20 | €1,593 | €1,150 | ▼ 27.8% |
| Fixed assets21/28 | €133,698 | €113,802 | ▼ 14.9% |
| Tangible fixed assets22/27 | €123,698 | €103,802 | ▼ 16.1% |
| Plant, machinery and equipment23 | €117,768 | €99,187 | ▼ 15.8% |
| Furniture and vehicles24 | €749 | €499 | ▼ 33.4% |
| Other tangible fixed assets26 | €5,181 | €4,115 | ▼ 20.6% |
| Financial fixed assets28 | €10,000 | €10,000 | = |
| Current assets29/58 | €92,248 | €72,961 | ▼ 20.9% |
| Stocks and contracts in progress3 | €34,742 | €35,987 | ▲ 3.6% |
| Stocks30/36 | €34,742 | €35,987 | ▲ 3.6% |
| Amounts receivable within one year40/41 | €4,717 | €8,737 | ▲ 85.2% |
| Trade receivables40 | €4,717 | €1,973 | ▼ 58.2% |
| Other amounts receivable41 | - | €6,765 | - |
| Cash at bank and in hand54/58 | €52,789 | €28,236 | ▼ 46.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €227,538 | €187,912 | ▼ 17.4% |
| Equity10/15 | -€70,285 | -€290,853 | ▼ 314% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€80,285 | -€300,853 | ▼ 275% |
| Amounts payable17/49 | €297,823 | €478,766 | ▲ 60.8% |
| Amounts payable after more than one year17 | €111,253 | €69,546 | ▼ 37.5% |
| Financial debts170/4 | €91,253 | €59,546 | ▼ 34.7% |
| Other amounts payable178/9 | €20,000 | €10,000 | ▼ 50.0% |
| Amounts payable within one year42/48 | €185,590 | €405,964 | ▲ 119% |
| Current portion of amounts payable after more than one year42 | €30,806 | €31,707 | ▲ 2.9% |
| Trade debts44 | €65,505 | €208,321 | ▲ 218% |
| Suppliers440/4 | €65,505 | €208,321 | ▲ 218% |
| Taxes, remuneration and social security45 | €88,463 | €165,655 | ▲ 87.3% |
| Taxes450/3 | €30,871 | €61,485 | ▲ 99.2% |
| Remuneration and social security454/9 | €57,592 | €104,170 | ▲ 80.9% |
| Other amounts payable47/48 | €816 | €281 | ▼ 65.6% |
| Accrued charges and deferred income492/3 | €981 | €3,256 | ▲ 232% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€80,285 | -€220,568 | ▼ 175% |
| + Depreciation and write-downs630 | €16,190 | €21,737 | ▲ 34.3% |
| Operating cash flow (approximation) | -€64,095 | -€198,831 | ▼ 210% |
| Investment in fixed assets (approximation) | - | -€1,841 | - |
| Change in cash | - | -€24,552 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Oostende · event 05-02-2025
2023
22-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 16-11-2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JAN FERLIN L. SPILLIAERTSTRAAT 63,
8400 OOSTENDE |
16-11-2023 → 05-02-2025 |
| Curator | GREGORY BELPAME L.
SPILLIAERTSTRAAT 63, 8400 OOSTENDE- gregory@ferlin-
belpame.be |
16-11-2023 → 05-02-2025 |