JENNICK
ActiveSummary
JENNICK has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.75M and a net result of €44k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▲+13
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 14.31 against 16.77 in 2024; short-term debt: 3.8% and cash: 1.9% of total assets), and 9.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.6%
Return on assets
2.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
2 d early
2023
20 d early
2022
28 d early
2021
102 d early
2020
172 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.75M▼ 4.8%
2024 · €1.83M
Total assets
€1.93M▼ 6.2%
2024 · €2.06M
Net result
€44k▲ 1,607%
2024 · €3k
Working capital
€970k▼ 8.7%
2024 · €1.06M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-96k▲ 50.5%€52k€-6k€-39k▼ 566%€-11k▲ 72.8%
Net result€-74k€-13k▲ 81.8%€120k€3k▼ 97.8%€44k▲ 1,607%
Equity€2.00M▼ 42.1%€1.99M▼ 0.7%€1.83M▼ 7.9%€1.83M▲ 0.1%€1.75M▼ 4.8%
Total assets€2.59M▼ 37.3%€2.48M▼ 4.4%€2.08M▼ 15.9%€2.06M▼ 1.3%€1.93M▼ 6.2%
Debt€591k▼ 12.5%€490k▼ 17.1%€252k▼ 48.5%€222k▼ 11.8%€182k▼ 18.2%
Working capital€1.44M▼ 50.4%€1.36M▼ 5.2%€996k▼ 26.8%€1.06M▲ 6.8%€970k▼ 8.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €39k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.93M
Fixed assets
€885k ▼ 4.4%
Current assets
€1.04M ▼ 7.7%
Equity and liabilities €1.93M
Equity
€1.75M ▼ 4.8%
Debt
€182k ▼ 18.2%
Debt's share of the balance-sheet total falls from 10.8% to 9.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€58k▲
2024 · €29k
Cash flow
€113k▲
2024 · €70k
Current ratio
14.31▼
2024 · 16.77
Debt to equity
0.10▼
2024 · 0.12
ROE
2.5%▲
2024 · 0.1%
ROA
2.3%▲
2024 · 0.1%
Interest coverage
3.37▲
2024 · 2.21
Debt ≤ 1 year
€73k▲
2024 · €67k
Debt > 1 year
€99k▼
2024 · €148k
Income taxes
€6k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €61k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66k | €77k | €82k | €68k | €69k | ▲ 1.1% |
| Other operating charges640/8 | €10k | €9k | €17k | €22k | €18k | ▼ 17.3% |
| Non-recurring operating charges66A | €0 | - | - | €7k | €0 | ▼ 100% |
| Gross operating margin9900 | €-20k | €139k | €93k | €58k | €76k | ▲ 32.1% |
| Operating profit (loss)9901 | €-96k | €52k | €-6k | €-39k | €-11k | ▲ 72.8% |
| Financial income75/76B | €61k | €50k | €24k | €56k | €78k | ▲ 38.3% |
| Recurring financial income75 | €61k | €50k | €24k | €56k | €78k | ▲ 38.3% |
| Financial charges65/66B | €38k | €116k | €-115k | €13k | €17k | ▲ 32.2% |
| Recurring financial charges65 | €38k | €116k | €-115k | €13k | €17k | ▲ 32.2% |
| Profit (loss) for the period before taxes9903 | €-73k | €-13k | €133k | €4k | €50k | ▲ 1,142% |
| Income taxes67/77 | €296 | €382 | €13k | €1k | €6k | ▲ 294% |
| Profit (loss) for the period9904 | €-74k | €-13k | €120k | €3k | €44k | ▲ 1,607% |
| Transfer from tax-exempt reserves789 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) for the period to be appropriated9905 | €-66k | €-6k | €128k | €10k | €52k | ▲ 399% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.59M | €2.48M | €2.08M | €2.06M | €1.93M | ▼ 6.2% |
| Fixed assets21/28 | €1.05M | €1.04M | €1.03M | €926k | €885k | ▼ 4.4% |
| Tangible fixed assets22/27 | €1.05M | €1.04M | €1.03M | €926k | €885k | ▼ 4.4% |
| Land and buildings22 | €1.01M | €949k | €917k | €865k | €820k | ▼ 5.2% |
| Plant, machinery and equipment23 | €18k | €15k | €21k | €21k | €30k | ▲ 46.0% |
| Furniture and vehicles24 | €22k | €79k | €94k | €41k | €35k | ▼ 14.0% |
| Financial fixed assets28 | €434 | €0 | - | - | - | - |
| Current assets29/58 | €1.55M | €1.44M | €1.05M | €1.13M | €1.04M | ▼ 7.7% |
| Stocks and contracts in progress3 | €319 | €319 | €0 | - | - | - |
| Stocks30/36 | €319 | €319 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €7k | €17k | €1k | €27k | €16k | ▼ 43.0% |
| Trade receivables40 | €2k | €3k | €1k | €6k | €0 | ▼ 100% |
| Other amounts receivable41 | €6k | €15k | €0 | €21k | €16k | ▼ 27.2% |
| Current investments50/53 | €1.23M | €1.12M | €832k | €1.04M | €987k | ▼ 4.7% |
| Cash at bank and in hand54/58 | €309k | €294k | €216k | €64k | €37k | ▼ 42.0% |
| Deferred charges and accrued income490/1 | - | €1k | €3k | €3k | €4k | ▲ 12.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.59M | €2.48M | €2.08M | €2.06M | €1.93M | ▼ 6.2% |
| Equity10/15 | €2.00M | €1.99M | €1.83M | €1.83M | €1.75M | ▼ 4.8% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €1.94M | €1.93M | €1.77M | €1.77M | €1.68M | ▼ 5.0% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €131k | €124k | €116k | €108k | €100k | ▼ 7.3% |
| Distributable reserves133 | €1.80M | €1.80M | €1.65M | €1.66M | €1.58M | ▼ 4.8% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €591k | €490k | €252k | €222k | €182k | ▼ 18.2% |
| Amounts payable after more than one year17 | €480k | €415k | €196k | €148k | €99k | ▼ 32.9% |
| Financial debts170/4 | €480k | €415k | €196k | €148k | €99k | ▼ 32.9% |
| Amounts payable within one year42/48 | €110k | €74k | €56k | €67k | €73k | ▲ 8.2% |
| Current portion of amounts payable after more than one year42 | €65k | €65k | €47k | €48k | €49k | ▲ 1.4% |
| Trade debts44 | €7k | €7k | €0 | €12k | €7k | ▼ 39.4% |
| Suppliers440/4 | €7k | €7k | €0 | €12k | €7k | ▼ 39.4% |
| Taxes, remuneration and social security45 | €21k | €0 | €7k | €7k | €0 | ▼ 100% |
| Taxes450/3 | €21k | €0 | €7k | €7k | €0 | ▼ 100% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €18k | €2k | €1k | €0 | €17k | - |
| Accrued charges and deferred income492/3 | - | - | - | €7k | €9k | ▲ 40.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-74k | €-13k | €120k | €3k | €44k | ▲ 1,607% |
| + Depreciation and write-downs630 | €66k | €77k | €82k | €68k | €69k | ▲ 1.1% |
| Operating cash flow (approximation) | €-8k | €64k | €202k | €70k | €113k | ▲ 60.2% |
| Investment in fixed assets (approximation) | - | €-74k | €-71k | €39k | €-28k | ▼ 172% |
| Change in cash | - | €-14k | €-79k | €-151k | €-27k | ▲ 82.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €120k
Net result €120k after 2 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €237k ▲89.8%
Net result €237k, the highest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €125k
Net result €125k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Haaltert · 1 establishment unit since 2018
Ground area
2,288 m²
Building footprint
226 m²
Volume, LiDAR
1,412 m³
Parcel 41033B0641/00A000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JENNICK
since 20182.293.269.743
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41033B0641/00A000 | Flanders | 2,288 m² | 1 · 226 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600A9M5KF0TEU2494
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Of 3,761 companies in sector 68321 we hold annual accounts for 1,391. 684 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded18-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.