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JELUFA

Active
Public limited companyfounded 1987active for 39 yearsRuddervoordsestraat 90, 8210 Zedelgem, BelgiumKBO/BCE: BE 0431.057.607
Summary

JELUFA has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.4m and a net result of €42,764. Equity is growing by about 18% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 24 October 2026.

Equity
€1.4m▲ 3.1%
2023 · €1.4m
Total assets
€1.4m▼ 6.7%
2023 · €1.6m
Net result
€42,764▼ 92.6%
2023 · €575,492
Working capital
€805,465▲ 4.2%
2023 · €772,752
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result recovers in 2024; 2024 is 12% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.06m 2024 Net result€0.04m 2024

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

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.02m-€0.02m▼ 9.2%€0.04m▲ 128%€0.04m▲ 7.1%€0.07m▲ 60.9%€0.06m▼ 19.8%€0.06m▲ 12.4%
Net result€0.08m-€0.08m▼ 3.1%€0.1m▲ 35.7%€0.09m▼ 21.9%€0.1m▲ 41.3%€0.6m▲ 378%€0.04m▼ 92.6%
Equity€0.4m-€0.5m▲ 19.8%€0.6m▲ 22.4%€0.7m▲ 14.3%€0.8m▲ 17.7%€1.4m▲ 71.9%€1.4m▲ 3.1%
Total assets€0.8m-€0.9m▲ 8.1%€0.9m=€0.9m▲ 1.9%€1.0m▲ 5.9%€1.6m▲ 62.1%€1.4m▼ 6.7%
Debt€0.4m-€0.4m▼ 3.4%€0.3m▼ 27.2%€0.2m▼ 23.5%€0.2m▼ 30.2%€0.2m▲ 11.8%€0.03m▼ 84.2%
Working capital-€0.4m--€0.4m▲ 2.2%-€0.2m▲ 34.0%-€0.1m▲ 37.1%-€0.01m▲ 91.2%€0.8m€0.8m▲ 4.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets €613,870 ▲ 1.7%
Current assets €832,790 ▼ 12.1%
Equity and liabilities €1.4m
Equity €1.4m ▲ 3.1%
Debt €27,474 ▼ 84.2%
Debt's share of the balance-sheet total falls from 11.2% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€81,863▲
2023 · €73,957
Cash flow
€59,971▼
2023 · €591,943
Current ratio
30.48▲
2023 · 5.44
Debt to equity
0.02▼
2023 · 0.13
ROE
3.0%▼
2023 · 41.8%
ROA
3.0%▼
2023 · 37.1%
Interest coverage
over 100
2023 · over 100
Debt ≤ 1 year
€27,324▼
2023 · €174,217
Income taxes
€21,892▼
2023 · €71,893
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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 14,766 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.4m▼
Fixed assets21/28€0.6m€0.6m▲
Tangible fixed assets22/27€0.6m€0.6m▲
Land and buildings22€0.6m€0.6m▲
Financial fixed assets28€30€30=
Current assets29/58€0.9m€0.8m▼
Amounts receivable within one year40/41€0.8m€0.5m▼
Other amounts receivable41€0.8m€0.5m▼
Cash at bank and in hand54/58€0.1m€0.3m▲
Deferred charges and accrued income490/1€0€0.006m▲
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.4m▼
Equity10/15€1.4m€1.4m▲
Contributions10/11€0.1m€0.1m=
Contributions outside capital11€0.1m€0.1m=
Other1109/19€0.1m€0.1m=
Reserves13€1.2m€1.3m▲
Non-distributable reserves130/1€0.05m€0.05m=
Reserves not available under the articles1311€0.05m€0.05m=
Distributable reserves133€1.2m€1.2m▲
Amounts payable17/49€0.2m€0.03m▼
Amounts payable within one year42/48€0.2m€0.03m▼
Trade debts44€0.009m€0.003m▼
Suppliers440/4€0.009m€0.003m▼
Taxes, remuneration and social security45€0.05m€0.02m▼
Taxes450/3€0.05m€0.02m▼
Other amounts payable47/48€0.1m€0.003m▼
Accrued charges and deferred income492/3-€150
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Other operating charges640/8€0.02m€0.02m▼
Gross operating margin9900€0.09m€0.1m▲
Operating profit (loss)9901€0.06m€0.06m▲
Financial income75/76B€0.6m€119▼
Recurring financial income75€48€119▲
Non-recurring financial income76B€0.6m€0▼
Financial charges65/66B€131€118▼
Recurring financial charges65€131€118▼
Profit (loss) for the period before taxes9903€0.6m€0.06m▼
Income taxes67/77€0.07m€0.02m▼
Profit (loss) for the period9904€0.6m€0.04m▼
Profit (loss) for the period to be appropriated9905€0.6m€0.04m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.6m€0.04m▼
Transfer to equity691/2€0.6m€0.04m▼
To other reserves6921€0.6m€0.04m▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,136€20,250€18,688€18,386€13,501€16,450€17,207▲ 4.6%
Other operating charges640/8---€16,890€18,382€18,945€18,644▼ 1.6%
Non-recurring operating charges66A---€11,992€0---
Gross operating margin9900€53,935€54,353€76,223€91,838€103,597€92,901€100,507▲ 8.2%
Operating profit (loss)9901€20,121€18,262€41,634€44,570€71,714€57,506€64,656▲ 12.4%
Financial income75/76B---€72,646€78,887€590,010€119▼ 100.0%
Recurring financial income75€74,058€74,191€88,944€72,646€78,887€48€119▲ 146%
Non-recurring financial income76B-----€589,962€0▼ 100%
Financial charges65/66B---€144€387€131€118▼ 10.3%
Recurring financial charges65€104€177€112€144€387€131€118▼ 10.3%
Profit (loss) for the period before taxes9903€94,075€92,276€130,466€117,071€150,213€647,385€64,656▼ 90.0%
Income taxes67/77€11,179€11,917€21,434€31,902€29,861€71,893€21,892▼ 69.5%
Profit (loss) for the period9904€82,897€80,359€109,032€85,169€120,353€575,492€42,764▼ 92.6%
Profit (loss) for the period to be appropriated9905€82,897€80,359€109,032€85,169€120,353€575,492€42,764▼ 92.6%
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.8m€0.9m€0.9m€0.9m€1.0m€1.6m€1.4m▼ 6.7%
Fixed assets21/28€0.8m€0.8m€0.8m€0.8m€0.8m€0.6m€0.6m▲ 1.7%
Tangible fixed assets22/27€0.5m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m▲ 1.7%
Land and buildings22---€0.6m€0.6m€0.6m€0.6m▲ 1.7%
Financial fixed assets28€0.3m€0.3m€0.3m€0.3m€0.3m€30€30=
Current assets29/58€0.05m€0.04m€0.06m€0.08m€0.1m€0.9m€0.8m▼ 12.1%
Amounts receivable within one year40/41-----€0.8m€0.5m▼ 35.4%
Other amounts receivable41-----€0.8m€0.5m▼ 35.4%
Cash at bank and in hand54/58€0.05m€0.04m€0.06m€0.08m€0.1m€0.1m€0.3m▲ 181%
Deferred charges and accrued income490/1----€0.004m€0€0.006m-
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.9m€0.9m€0.9m€1.0m€1.6m€1.4m▼ 6.7%
Equity10/15€0.4m€0.5m€0.6m€0.7m€0.8m€1.4m€1.4m▲ 3.1%
Contributions10/11€0.1m€0.1m€0€0.1m€0.1m€0.1m€0.1m=
Contributions outside capital11---€0.1m€0.1m€0.1m€0.1m=
Other1109/19---€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.3m€0.3m€0.5m€0.5m€0.7m€1.2m€1.3m▲ 3.5%
Non-distributable reserves130/1---€0.05m€0.05m€0.05m€0.05m=
Reserves not available under the articles1311---€0.05m€0.05m€0.05m€0.05m=
Distributable reserves133---€0.5m€0.6m€1.2m€1.2m▲ 3.6%
Amounts payable17/49€0.4m€0.4m€0.3m€0.2m€0.2m€0.2m€0.03m▼ 84.2%
Amounts payable within one year42/48€0.4m€0.4m€0.3m€0.2m€0.2m€0.2m€0.03m▼ 84.3%
Trade debts44€0.003m€0.01m€20€0.003m€0.03m€0.009m€0.003m▼ 68.1%
Suppliers440/4---€0.003m€0.03m€0.009m€0.003m▼ 68.1%
Taxes, remuneration and social security45---€0.02m€0.01m€0.05m€0.02m▼ 55.7%
Taxes450/3---€0.02m€0.01m€0.05m€0.02m▼ 55.7%
Other amounts payable47/48---€0.2m€0.1m€0.1m€0.003m▼ 97.6%
Accrued charges and deferred income492/3------€150-
Line2018201920202021202220232024Change
Profit (loss) for the period9904€82,897€80,359€109,032€85,169€120,353€575,492€42,764▼ 92.6%
+ Depreciation and write-downs630€18,136€20,250€18,688€18,386€13,501€16,450€17,207▲ 4.6%
Operating cash flow (approximation)€101,032€100,609€127,720€103,554€133,854€591,943€59,971▼ 89.9%
Investment in fixed assets (approximation)--€92,809€0-€16,794€0€193,751-€27,408-
Change in cash--€6,294€18,791€18,083€62,996-€39,914€179,619-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 38 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 25-09-2025 2025-00506327
31-12-2023 micro format 23-07-2024 2024-00273613
31-12-2022 micro format 08-08-2023 2023-00327891
31-12-2021 micro format 26-08-2022 2022-20323233
31-12-2020 micro format 31-08-2021 2021-62800077
31-12-2019 abbreviated format 09-07-2020 2020-28400406
31-12-2018 abbreviated format 24-07-2019 2019-39000140
31-12-2017 abbreviated format 26-07-2018 2018-39400113
31-12-2016 abbreviated format 18-07-2017 2017-33900475
31-12-2015 abbreviated format 30-08-2016 2016-54600493

Show all 38 filings

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