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JEL INFINITY

Active
Private limited companyfounded 2019active for 7 yearsDe Bergen 94, 2460 Kasterlee, BelgiumKBO/BCE: BE 0733.989.201

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 04-06-2026 PDF all 6 filings

Turnover
≈ €400,000
Estimated: probably between €290,000 and €640,000
Total assets
€1.3m▲ 22.3%
2024 · €1.1m
Net result
€101,350▲ 23.5%
2024 · €82,079
Working capital
€198,256▲ 71.9%
2024 · €115,337
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is 22% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€0.1m 2025 Net result€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result-€0.007m-€0.04m€0.1m▲ 142%€0.08m▼ 23.3%€0.1m▲ 53.6%€0.1m▲ 22.1%
Net result-€0.009mbelow the sector's middle half-€0.03mwithin the sector's middle half€0.09mwithin the sector's middle half▲ 177%€0.06mwithin the sector's middle half▼ 32.7%€0.08mwithin the sector's middle half▲ 40.6%€0.1mwithin the sector's middle half▲ 23.5%
Equity€0.1mwithin the sector's middle half-€0.2mwithin the sector's middle half▲ 24.7%€0.2mwithin the sector's middle half▲ 54.8%€0.3mwithin the sector's middle half▲ 23.8%€0.4mwithin the sector's middle half▲ 27.1%€0.5mwithin the sector's middle half▲ 26.3%
Total assets€0.2mbelow the sector's middle half-€0.9mwithin the sector's middle half▲ 459%€0.9mwithin the sector's middle half▲ 3.3%€0.9mwithin the sector's middle half▲ 2.7%€1.1mwithin the sector's middle half▲ 12.6%€1.3mwithin the sector's middle half▲ 22.3%
Debt€0.03m-€0.7m▲ 22×€0.7m▼ 7.8%€0.6m▼ 4.9%€0.7m▲ 5.8%€0.8m▲ 20.0%
Working capital€0.02mwithin the sector's middle half--€0.03mwithin the sector's middle half€0.002mwithin the sector's middle half€0.04mwithin the sector's middle half▲ 22×€0.1mwithin the sector's middle half▲ 179%€0.2mwithin the sector's middle half▲ 71.9%
Solvency79.5%above the sector's middle half-17.7%within the sector's middle half▼ 61.8pp26.6%within the sector's middle half▲ 8.8pp32.0%within the sector's middle half▲ 5.5pp36.1%within the sector's middle half▲ 4.1pp37.3%within the sector's middle half▲ 1.2pp
Current ratio3.46above the sector's middle half-0.73within the sector's middle half▼ 2.741.02within the sector's middle half▲ 0.301.63within the sector's middle half▲ 0.612.63within the sector's middle half▲ 0.993.31above the sector's middle half▲ 0.68
Return on assets (ROA)-5.8%below the sector's middle half-3.5%within the sector's middle half▲ 9.3pp9.4%within the sector's middle half▲ 5.9pp6.2%within the sector's middle half▼ 3.2pp7.7%within the sector's middle half▲ 1.5pp7.8%within the sector's middle half▲ 0.1pp
above within below The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €1.0m ▲ 15.9%
Current assets €284,152 ▲ 52.6%
Equity and liabilities €1.3m
Equity €486,820 ▲ 26.3%
Debt €817,988 ▲ 20.0%
Debt's share of the balance-sheet total falls from 63.9% to 62.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€225,821▲
2024 · €169,369
Cash flow
€185,968▲
2024 · €135,803
Debt to equity
1.68▼
2024 · 1.77
ROE
20.8%▼
2024 · 21.3%
Interest coverage
14.01▲
2024 · 13.79
Debt ≤ 1 year
€85,897▲
2024 · €70,845
Debt > 1 year
€727,169▲
2024 · €606,053
Income taxes
€28,124▲
2024 · €21,281
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€597,728€570,370€542,639€514,548€486,053
Mortgages, amount registered€200,000€200,000€200,000€200,000€200,000
Mortgage mandates€1.0m€1.0m€1.0m€1.0m€1.0m
Carrying value of the mortgaged assets€685,496€713,324€695,425€669,012€636,046

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€711,550€59,463€30,080€93,270€224,267
Depreciation and write-downs of the year€27,331€30,590€34,402€53,725€84,619

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as JEL INFINITY: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 2018 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
JEL INFINITY Kasterlee2019€1.3m€0.5m€0.2m€0.1m-2025
ICONIQ Ukkel2020€1.3m€0.7m€0.2m€0.2m-2025
Vithident Menen2019€1.7m€1.0m€0.2m€0.7m-2025
Notariële bestuursvennootschap De Berk Antwerpen2021€1.7m€0.6m€0.4m€0.2m-2025
SMOOVED Leuven2019€1.6m€0.4m€0.3m-€0.6m13.22025
PROSANTE IMMO Büllingen2018€1.6m€0.4m€0.3m€0.09m0.92025
GANICO Management Ottignies-Louvain-la-Neuve2019€1.1m€0.03m€0.2m-€0.02m-2025

They were chosen from the 3,636 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 6,782 companies had the same profile as JEL INFINITY has now. Two years later, 0.6% had gone bankrupt and 96.7% were still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
96.7% was still going

That fits the bankruptcy probability of JEL INFINITY itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,782 companies, not a prediction for JEL INFINITY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 (PDF), filed on 04-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.3m▲
Fixed assets21/28€0.9m€1.0m▲
Tangible fixed assets22/27€0.8m€0.9m▲
Land and buildings22€0.7m€0.8m▲
Plant, machinery and equipment23€0.007m€0.005m▼
Furniture and vehicles24€0.07m€0.05m▼
Financial fixed assets28€0.1m€0.1m=
Current assets29/58€0.2m€0.3m▲
Amounts receivable after more than one year29-€0.08m
Trade receivables290-€0.08m
Amounts receivable within one year40/41€0.03m€0.2m▲
Trade receivables40€0.01m€0.2m▲
Other amounts receivable41€0.01m€0.01m▼
Cash at bank and in hand54/58€0.2m€0.03m▼
Deferred charges and accrued income490/1€0.003m€0.007m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.3m▲
Equity10/15€0.4m€0.5m▲
Contributions10/11€0.1m€0.1m=
Reserves13€0.2m€0.4m▲
Distributable reserves133€0.2m€0.4m▲
Amounts payable17/49€0.7m€0.8m▲
Amounts payable after more than one year17€0.6m€0.7m▲
Financial debts170/4€0.6m€0.7m▲
Amounts payable within one year42/48€0.07m€0.09m▲
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Trade debts44€0.03m€0.02m▼
Suppliers440/4€0.03m€0.02m▼
Taxes, remuneration and social security45€0.001m€0.003m▲
Taxes450/3€0.001m€0.003m▲
Other amounts payable47/48€0.02m€0.03m▲
Accrued charges and deferred income492/3€0.005m€0.005m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.08m▲
Other operating charges640/8€0.006m€0.007m▲
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.1m€0.1m▲
Financial income75/76B-€0.004m
Recurring financial income75-€0.004m
Financial charges65/66B€0.01m€0.02m▲
Recurring financial charges65€0.01m€0.02m▲
Profit (loss) for the period before taxes9903€0.1m€0.1m▲
Income taxes67/77€0.02m€0.03m▲
Profit (loss) for the period9904€0.08m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.08m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.08m€0.1m▲
Transfer to equity691/2€0.08m€0.1m▲
To other reserves6921€0.08m€0.1m▲

The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202020212022202320242025Change
Non-recurring operating income76A---€1,469---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,108€27,331€30,590€34,402€53,725€84,619▲ 57.5%
Other operating charges640/8-€1,535€1,353€5,361€6,358€6,793▲ 6.8%
Gross operating margin9900-€1,765€69,468€130,112€115,069€175,727€232,614▲ 32.4%
Operating profit (loss)9901-€6,529€40,603€98,169€75,305€115,644€141,203▲ 22.1%
Financial income75/76B-€0€308--€4,388-
Recurring financial income75€5€0€308--€4,388-
Financial charges65/66B-€8,800€11,296€10,643€12,284€16,117▲ 31.2%
Recurring financial charges65€2,332€8,800€11,296€10,643€12,284€16,117▲ 31.2%
Profit (loss) for the period before taxes9903-€8,856€31,803€87,181€64,662€103,360€129,474▲ 25.3%
Income taxes67/77€442€457€408€6,292€21,281€28,124▲ 32.2%
Profit (loss) for the period9904-€9,298€31,346€86,773€58,370€82,079€101,350▲ 23.5%
Profit (loss) for the period to be appropriated9905-€9,298€31,346€86,773€58,370€82,079€101,350▲ 23.5%
Line202020212022202320242025Change
Assets
Total assets20/58€0.2m€0.9m€0.9m€0.9m€1.1m€1.3m▲ 22.3%
Fixed assets21/28€0.1m€0.8m€0.8m€0.8m€0.9m€1.0m▲ 15.9%
Tangible fixed assets22/27€0.003m€0.7m€0.7m€0.7m€0.8m€0.9m▲ 18.6%
Land and buildings22-€0.7m€0.7m€0.7m€0.7m€0.8m▲ 24.3%
Plant, machinery and equipment23-€0.001m€158€0.004m€0.007m€0.005m▼ 29.2%
Furniture and vehicles24-€0.001m€0.002m€0.01m€0.07m€0.05m▼ 27.7%
Financial fixed assets28€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Current assets29/58€0.03m€0.08m€0.08m€0.1m€0.2m€0.3m▲ 52.6%
Amounts receivable after more than one year29-----€0.08m-
Trade receivables290-----€0.08m-
Amounts receivable within one year40/41€0.001m€0.01m€0.06m€0.06m€0.03m€0.2m▲ 492%
Trade receivables40--€0.06m€0.06m€0.01m€0.2m▲ 12×
Other amounts receivable41-€0.01m€221€0.002m€0.01m€0.01m▼ 28.8%
Cash at bank and in hand54/58€0.02m€0.06m€0.02m€0.04m€0.2m€0.03m▼ 77.7%
Deferred charges and accrued income490/1-€363€0.003m€45€0.003m€0.007m▲ 119%
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.9m€0.9m€0.9m€1.1m€1.3m▲ 22.3%
Equity10/15€0.1m€0.2m€0.2m€0.3m€0.4m€0.5m▲ 26.3%
Contributions10/11-€0.1m€0.1m€0.1m€0.1m€0.1m=
Reserves13-€0.02m€0.1m€0.2m€0.2m€0.4m▲ 40.7%
Distributable reserves133-€0.02m€0.1m€0.2m€0.2m€0.4m▲ 40.7%
Profit (loss) carried forward14-€0.009m------
Amounts payable17/49€0.03m€0.7m€0.7m€0.6m€0.7m€0.8m▲ 20.0%
Amounts payable after more than one year17€0.03m€0.6m€0.6m€0.6m€0.6m€0.7m▲ 20.0%
Financial debts170/4-€0.6m€0.6m€0.6m€0.6m€0.7m▲ 20.0%
Amounts payable within one year42/48€0.008m€0.1m€0.07m€0.07m€0.07m€0.09m▲ 21.2%
Current portion of amounts payable after more than one year42-€0.03m€0.03m€0.03m€0.03m€0.03m▲ 1.4%
Trade debts44€0.001m€0.06m€0.03m€0.03m€0.03m€0.02m▼ 3.3%
Suppliers440/4-€0.06m€0.03m€0.03m€0.03m€0.02m▼ 3.3%
Taxes, remuneration and social security45-€0.008m€0.002m€0.001m€0.001m€0.003m▲ 89.7%
Taxes450/3-€0.008m€0.002m€0.001m€0.001m€0.003m▲ 89.7%
Other amounts payable47/48-€0.01m€0.02m€0.008m€0.02m€0.03m▲ 93.9%
Accrued charges and deferred income492/3---€0.005m€0.005m€0.005m▲ 2.1%
Line202020212022202320242025Change
Profit (loss) for the period9904-€9,298€31,346€86,773€58,370€82,079€101,350▲ 23.5%
+ Depreciation and write-downs630€1,108€27,331€30,590€34,402€53,725€84,619▲ 57.5%
Operating cash flow (approximation)-€8,189€58,676€117,363€92,773€135,803€185,968▲ 36.9%
Investment in fixed assets (approximation)--€711,550-€59,463-€30,049-€93,270-€224,267▼ 140%
Change in cash-€40,468-€49,394€28,087€111,253-€120,311-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 04-06-2026 2026-00145052 PDF
31-12-2024 abbreviated format 09-07-2025 2025-00261283 PDF
31-12-2023 abbreviated format 30-05-2024 2024-00104028 PDF
31-12-2022 abbreviated format 24-05-2023 2023-00095543 PDF
31-12-2021 abbreviated format 16-06-2022 2022-20066418 PDF
31-12-2020 abbreviated format 04-05-2021 2021-13400172 PDF

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