JEF
ActiveSummary
JEF has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €591,549 and a net result of €135,795. Equity is growing by about 7.3% per year across the filed financial years. Its solvency ranks better than 71% of 501 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 15.4 FTE
- Equity
- €591,549
- Surplus
- €135,795
- Board
- 7 members
Why 98lowers riskLegal form: non-profit associationLiquidity: current ratio 3.69, cash €448,507Founded in 1991Equity €591,549 (60.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, small): better than 71% on solvency, 95% on liquidity, 87% on profitability and 75% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 101 days before the deadline; the sector median (NACE 59) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €500,000equity €591,549 ▲29.8%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 28% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 59, Motion picture, video and television programme production, sound recording and music publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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%.
| 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 20,136 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €1.0m | €1.0m | €1.1m | €1.0m | ▼ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.06m | €0.07m | €0.04m | €0.05m | €0.07m | €0.1m | €0.1m | ▲ 21.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.001m | -€0.02m | - | - | - | - |
| Other operating charges640/8 | - | - | - | €58 | - | €0.02m | €402 | €0.002m | ▲ 275% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.001m | - |
| Gross operating margin9900 | €1.1m | €0.9m | €0.9m | €0.8m | €1.0m | €1.1m | €1.4m | €1.3m | ▼ 6.6% |
| Operating profit (loss)9901 | €0.2m | -€0.009m | €0.03m | -€0.08m | -€0.006m | €0.02m | €0.2m | €0.1m | ▼ 28.3% |
| Financial income75/76B | - | - | - | €5 | €98 | €0.002m | €14 | €16 | ▲ 13.3% |
| Recurring financial income75 | €164 | €0.001m | €0.002m | €5 | €98 | €0.002m | €14 | €16 | ▲ 13.3% |
| Financial charges65/66B | - | - | - | €325 | €374 | €299 | €307 | €0.001m | ▲ 378% |
| Recurring financial charges65 | €348 | €0.001m | €0.001m | €325 | €374 | €299 | €307 | €0.001m | ▲ 378% |
| Profit (loss) for the period before taxes9903 | €0.2m | -€0.009m | €0.03m | -€0.08m | -€0.006m | €0.02m | €0.2m | €0.1m | ▼ 29.0% |
| Profit (loss) for the period9904 | €0.2m | -€0.009m | €0.03m | -€0.08m | -€0.006m | €0.02m | €0.2m | €0.1m | ▼ 29.0% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | -€0.009m | €0.03m | -€0.08m | -€0.006m | €0.02m | €0.2m | €0.1m | ▼ 29.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €814,567 | €707,331 | €682,587 | €634,834 | €588,281 | €706,544 | €836,937 | €973,155 | ▲ 16.3% |
| Fixed assets21/28 | €68,943 | €51,136 | €49,360 | €35,134 | €55,273 | €93,259 | €125,834 | €120,148 | ▼ 4.5% |
| Intangible fixed assets21 | €30,062 | €20,478 | €30,946 | €18,433 | €32,973 | €28,847 | €66,624 | €74,981 | ▲ 12.5% |
| Tangible fixed assets22/27 | €36,371 | €28,148 | €15,669 | €13,091 | €18,599 | €60,712 | €55,744 | €41,701 | ▼ 25.2% |
| Plant, machinery and equipment23 | - | - | - | €9,084 | €13,665 | €52,647 | €50,302 | €35,220 | ▼ 30.0% |
| Furniture and vehicles24 | - | - | - | €4,007 | €4,934 | €8,065 | €5,442 | €6,481 | ▲ 19.1% |
| Financial fixed assets28 | €2,510 | €2,510 | €2,745 | €3,610 | €3,700 | €3,700 | €3,465 | €3,465 | = |
| Current assets29/58 | €745,624 | €656,195 | €633,227 | €599,700 | €533,008 | €613,285 | €711,103 | €853,007 | ▲ 20.0% |
| Stocks and contracts in progress3 | €1,343 | €1,398 | €3,725 | €3,270 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €3,270 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €412,669 | €360,400 | €191,527 | €228,921 | €158,705 | €269,303 | €389,731 | €330,319 | ▼ 15.2% |
| Trade receivables40 | - | - | - | €129,833 | €44,280 | €114,213 | €267,474 | €190,491 | ▼ 28.8% |
| Other amounts receivable41 | - | - | - | €99,088 | €114,426 | €155,090 | €122,257 | €139,828 | ▲ 14.4% |
| Cash at bank and in hand54/58 | €329,653 | €286,727 | €428,447 | €287,248 | €355,620 | €255,349 | €252,283 | €448,507 | ▲ 77.8% |
| Deferred charges and accrued income490/1 | - | - | - | €80,261 | €18,684 | €88,632 | €69,089 | €74,182 | ▲ 7.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €814,567 | €707,331 | €682,587 | €634,834 | €588,281 | €706,544 | €836,937 | €973,155 | ▲ 16.3% |
| Equity10/15 | €311,655 | €302,596 | €331,934 | €250,504 | €244,634 | €264,534 | €455,754 | €591,549 | ▲ 29.8% |
| Reserves13 | - | - | - | €130,324 | €130,324 | €150,859 | €175,324 | €102,960 | ▼ 41.3% |
| Profit (loss) carried forward14 | €132,781 | €123,723 | €153,060 | €120,180 | €114,310 | €113,675 | €280,430 | €488,589 | ▲ 74.2% |
| Amounts payable17/49 | €502,912 | €404,734 | €350,653 | €384,330 | €343,647 | €442,010 | €381,183 | €381,606 | ▲ 0.1% |
| Amounts payable within one year42/48 | €275,819 | €246,078 | €158,642 | €285,830 | €298,410 | €300,354 | €254,043 | €231,087 | ▼ 9.0% |
| Financial debts43 | - | - | - | - | - | €2,575 | €4,284 | €1,503 | ▼ 64.9% |
| Other loans439 | - | - | - | - | - | €2,575 | €4,284 | €1,503 | ▼ 64.9% |
| Trade debts44 | €202,295 | €142,101 | €76,226 | €199,271 | €160,510 | €184,412 | €131,164 | €123,308 | ▼ 6.0% |
| Suppliers440/4 | - | - | - | €199,271 | €160,510 | €184,412 | €131,164 | €123,308 | ▼ 6.0% |
| Taxes, remuneration and social security45 | - | - | - | €86,559 | €137,901 | €113,368 | €118,596 | €106,275 | ▼ 10.4% |
| Taxes450/3 | - | - | - | - | €27,714 | €9,946 | €9,055 | €97 | ▼ 98.9% |
| Remuneration and social security454/9 | - | - | - | €86,559 | €110,187 | €103,422 | €109,540 | €106,178 | ▼ 3.1% |
| Accrued charges and deferred income492/3 | - | - | - | €98,500 | €45,237 | €141,656 | €127,140 | €150,519 | ▲ 18.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €158,210 | -€9,058 | €29,337 | -€81,430 | -€5,870 | €19,900 | €191,220 | €135,795 | ▼ 29.0% |
| + Depreciation and write-downs630 | €67,163 | €56,255 | €65,197 | €41,230 | €49,668 | €69,386 | €102,819 | €125,272 | ▲ 21.8% |
| Operating cash flow (approximation) | €225,373 | €47,197 | €94,534 | -€40,200 | €43,798 | €89,285 | €294,039 | €261,067 | ▼ 11.2% |
| Investment in fixed assets (approximation) | - | -€38,448 | -€63,421 | -€27,004 | -€69,807 | -€107,372 | -€135,394 | -€119,585 | ▲ 11.7% |
| Change in cash | - | -€42,926 | €141,720 | -€141,199 | €68,372 | -€100,270 | -€3,066 | €196,224 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 21-04-2026 | 2026-00083667 |
| 31-12-2024 | abbreviated format | 25-04-2025 | 2025-00075416 |
| 31-12-2023 | abbreviated format | 22-04-2024 | 2024-00065964 |
| 31-12-2022 | abbreviated format | 02-06-2023 | 2023-00103749 |
| 31-12-2021 | abbreviated format | 14-04-2022 | 2022-20003543 |
| 31-12-2020 | abbreviated format | 30-03-2021 | 2021-08800384 |
| 31-12-2019 | abbreviated format | 01-04-2020 | 2020-08300453 |
| 31-12-2018 | abbreviated format | 05-04-2019 | 2019-09400563 |
| 31-12-2017 | abbreviated format | 16-05-2018 | 2018-13000142 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 14 entries · €1.0m awarded · €1.1m paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | -€1,238 | €780,229 |
| 2024 | 5 | €90,391 | €82,038 |
| 2023 | 3 | €842,089 | €186,226 |
| 2022 | 2 | €98,620 | €13,265 |
European Union, budget
2021 to 2025 · 11 entries · €957,650 in total| Year | Entries | Awarded |
|---|---|---|
| 2025 | 3 | €303,183 |
| 2024 | 1 | €52,835 |
| 2023 | 3 | €284,544 |
| 2022 | 3 | €263,947 |
| 2021 | 1 | €53,142 |
Show 6 more projects
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Laetitia Nsiona |
|
| Leslie Van Stappen |
|
| Monique Ruinen |
|
| Tine Van Kerkhoven |
|
| Filip Baeyens |
|
| Geert Torfs |
|
| Jill Vanparys |
|
| Andy Demeulenaere |
|
| Bart Gaublomme |
|
| Christine Vanleeuw |
|
| Hannes Vanhaverbeke |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
29-02
Gazette deed
Resignation: Andy Demeulenaere (lid raad van bestuur)Withdrawals: Andy Demeulenaere, Lieve Vankeirsbulck and Christine Vanleeuw · Appointments: Geert Torfs, Filip Baeyens and Jill Vanparys · Admissions: Geert Torfs, Filip Baeyens and 4 others26 facts ▸
- General meeting, 15-11-2023
- Director resignation, Andy Demeulenaere (lid raad van bestuur)
- Member resignation, Andy Demeulenaere (lid algemene vergadering)
- Director appointment, Geert Torfs (director)
- Member admission, Geert Torfs (lid algemene vergadering)
- Director appointment, Filip Baeyens (director)
- Member admission, Filip Baeyens (lid algemene vergadering)
- Director appointment, Jill Vanparys (director)
- Member admission, Jill Vanparys (lid algemene vergadering)
- Member admission, Geert Vandermeersche (lid algemene vergadering)
- Member admission, Sofie Wanten (lid algemene vergadering)
- Member admission, Kasper Geeroms (lid algemene vergadering)
- +14 further facts in this act
08-03
Gazette deed
Resignations: Hannes Vanhaverbeke, Christine Vanleeuw and Bart GaublommeWithdrawals: Hannes Vanhaverbeke, Bart Gaublomme and Jan Staes · Appointments: Monique Ruinen, Tine Van Kerkhoven and 2 others · Admissions: Monique Ruinen, Tine Van Kerkhoven and 2 others31 facts ▸
- Other provision, “publication copy number”, 23033580 (deed in Dutch)
- General meeting, 31-03-2021
- Director resignation, Hannes Vanhaverbeke (lid raad van bestuur)
- Member resignation, Hannes Vanhaverbeke (lid algemene vergadering)
- General meeting, 26-10-2021
- Director resignation, Christine Vanleeuw (lid raad van bestuur)
- Director resignation, Bart Gaublomme (lid raad van bestuur)
- Member resignation, Bart Gaublomme (lid algemene vergadering)
- Director appointment, Monique Ruinen (lid raad van bestuur)
- Director appointment, Tine Van Kerkhoven (lid raad van bestuur)
- Director appointment, Leslie Van Stappen (lid raad van bestuur)
- Director appointment, Laetitia Nsiona (lid raad van bestuur)
- +19 further facts in this act
Show earlier events
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11811L3972/00Z000 | Flanders | 3,696 m² | 1 · 1,365 m² | 24.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- JEF
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Bestuur bevoegd om zetel binnen België te verplaatsen binnen hetzelfde taalgebied” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “4 jaar, 3” (deed in Dutch)“Ontslag bestuurders, geheim” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Leden, enkel gewone leden” (deed in Dutch)“3” (deed in Dutch)“Beroep mogelijk, elke natuurlijke persoon kan zich kandidaat stellen als lid” (deed in Dutch)“Register kan niet worden verplaatst, datum en uur overeenkomen” (deed in Dutch)“Geen” (deed in Dutch)“Per e-mail aan Bestuur, opgeschort totdat na redelijke termijn vervanger is gevonden” (deed in Dutch)“Bestuur, in strijd handelt met doelstellingen van de vzw” (deed in Dutch)“Geheim, uitsluiting geagendeerd met alleen de naam” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillige ontbinding, minstens 2/3 leden aanwezig of vertegenwoordigd” (deed in Dutch)“Gerechtelijke ontbinding, rechtbank” (deed in Dutch)