Jelani Projects
ActiveSummary
The computed 12-month bankruptcy probability of Jelani Projects is 1.6% (moderate). The 2026 annual accounts show negative equity (-€110,140) and a net result of €9,691. Equity has been shrinking by about 25% per year since 2019. Its solvency ranks better than 14% of 334 sector peers (NACE 56, financial year 2026). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 13-01-2017 Normal situation
- Activity
- Full-service restaurants NACE 56111and 4 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 31-03-2024
- Establishment units
- 2.260.824.035 8400 Oostende, since 01-04-2017
- 2.321.349.659 8400 Oostende, since 01-10-2021
- Financial year end
- 31 March
- Peppol
- Reachable since 17-12-2025
Board and ownership
- MUKABUCYANA PatrickDirector · since 13-01-2017
- SANCTORUM Tania HuguetteDirector · since 13-01-2017
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €299,690
- ▲ 61.1%
- Turnover
- ≈ €720,000
- estimated
- Profit
- €9,691
- Equity
- -€110,140
- ▲ 8.1%
- Total assets
- €197,741
- ▼ 5.5%
- Employees on 31-03-2026
- 5
- ▲ 66.7%
- Negative equity on 31-03-2026
Score breakdownraises riskCapped at 59: negative equitySector: Food and beverage service activities (NACE 56)Negative equity -€110,140lowers riskSize: total assets €197,741Liquidity: current ratio 0.32, cash €63,716Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 56, micro). It does better than 9% of them on solvency, 35% on liquidity, 37% on profitability and 54% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: MUKABUCYANA Patrick, from manager to directorAppointment: SANCTORUM Tania Huguette (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Jelani Projects: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €196,000 and €221,000, founded between 2016 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| Jelani Projects Oostende | €197,741 | €299,690 |
| AMRIT Oostende | €211,731 | €276,622 |
| VANDAMME - D'HOEDT Middelkerke | €196,307 | €342,004 |
| Duin Foods De Panne | €221,357 | €342,131 |
| Njamm Avelgem | €204,134 | €243,721 |
| VALENTINO Geraardsbergen | €200,986 | €294,067 |
| SOLE CITÉ Maasmechelen | €196,079 | €293,581 |
Key facts about Jelani Projects
- What is the company number of Jelani Projects?
- The company number of Jelani Projects is 0669.586.149. The VAT number is the same number with BE in front: BE 0669.586.149.
- Where is Jelani Projects based?
- The registered office is at Marie-Joséplein 6, 8400 Oostende.Company details
- What does Jelani Projects do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of Jelani Projects?
- The legal form of Jelani Projects is Private limited company (BV).
- When was Jelani Projects founded?
- Jelani Projects was founded on 13-01-2017.
- Is Jelani Projects still active?
- Yes, Jelani Projects is an active enterprise in the KBO register.
- How many employees does Jelani Projects have?
- Jelani Projects had an average of 6.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does Jelani Projects fall under?
- In its 31-03-2024 annual accounts, Jelani Projects states joint committee 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of Jelani Projects?
- The turnover in financial year 2026 is ≈ €720,000. This figure is estimated from the gross margin of €299,690 and 41 comparable companies (NACE 56111). It probably lies between €620,000 and €850,000.
- Is Jelani Projects profitable?
- In financial year 2026, Jelani Projects made a profit of €9,691.
- Where can I find the annual accounts of Jelani Projects?
- Jelani Projects filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Jelani Projects due?
- Jelani Projects must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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