Financials
- Fiscal year
- 2024
- Total assets
- €534,833
- Profit
- €55,817
- Solvency
- 14.2%
Total assets▲ 9.6%
Net result
20222024
JELU
ActiveSummary
The computed 12-month bankruptcy probability of JELU is 2.5% (moderate). The 2024 annual accounts show equity of €75,865 and a net result of €55,817. Equity is growing by ~207.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 2091 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of food products
NACE 10890
1 site
Size
€534,833total assets 2024
- Staff
- 1.4 FTE
- Equity
- €75,865
- Profit
- €55,817
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 1 deed read
Why 54- Figures for FY 2024 (filed 21-08-2025)- Sector Manufacture of food products (NACE 10)- 1 financial year not filed after the legal deadline; latest accounts 19 days late+ Size: total assets €534,833Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 67% of its sector peers (NACE 10, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
39+10
equity 14.2% of total assets
Liquidity
67+2
short-term debt 14.7% · cash 16.2%
Profitability
82+21
return on assets 10.4%
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.6%
12-2024: 1.6%● 0.0% vs 11-2024
01-2025: 1.6%▲ +0.3% vs 12-2024
02-2025: 1.6%▲ +1.4% vs 01-2025
03-2025: 1.6%● 0.0% vs 02-2025
04-2025: 1.6%▲ +4.4% vs 03-2025
05-2025: 1.8%▲ +9.8% vs 04-2025
06-2025: 1.6%▼ -14.3% vs 05-2025
07-2025: 1.6%▲ +5.7% vs 06-2025
08-2025: 2.1%▲ +25.9% vs 07-2025
09-2025: 1.1%▼ -47.9% vs 08-2025
10-2025: 1.1%▼ -1.1% vs 09-2025lowest value
11-2025: 1.1%● 0.0% vs 10-2025lowest value
12-2025: 1.1%● 0.0% vs 11-2025lowest value
01-2026: 1.1%● 0.0% vs 12-2025lowest value
02-2026: 1.1%▲ +1.5% vs 01-2026
03-2026: 1.1%● 0.0% vs 02-2026
04-2026: 1.2%▲ +11.6% vs 03-2026
05-2026: 1.3%▲ +11.4% vs 04-2026
06-2026: 1.3%▲ +0.3% vs 05-2026
07-2026: 1.5%▲ +9.2% vs 06-2026
08-2026: 1.9%▲ +26.9% vs 07-2026
09-2026: 2.0%▲ +9.9% vs 08-2026
10-2026: 2.5%▲ +22.4% vs 09-2026highest value
- Figures for FY 2024 (filed 21-08-2025) raises the probability
- Size: total assets €534,833 lowers the probability for this profile
- Sector Manufacture of food products (NACE 10) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 19 days late raises the probability
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.15 in 2023; short-term debt: 14.7% and cash: 16.2% of total assets), and 85.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, micro). Better than this share of them on solvency 30%, liquidity 72%, profitability 70%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
5 d early
2022
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2022net €55,817 ▲105%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2023
- 19-08-2025Annual accounts filed
- 31-12-2024Highest result since 2022
- 26-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of food productsNACE 10890
- Founded
- 15-10-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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