Summary
JERALEX has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.0m and a net result of €29,950. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 47% of 10,686 sector peers (NACE 70, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
In the rankings
#2 company by equity in Bredene, Professional and technical services sector#3 company by total assets in Bredene, Professional and technical services sector
Turnover
€154,000▲ 35.1%
2018 · €114,000
EBIT margin
42.7%▲ 35.5pp
2018 · 7.1%
Net result
€29,950▲ 48.3%
2024 · €20,190
Working capital
-€42,023▼ 550%
2024 · -€6,468
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 68% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.2m
2019
Operating result€0.02m
2025
Net result€0.03m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€8.2m
2025
Equity€4.0m
2025
Debt€4.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.04m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin42.7%
2019
Return on assets (ROA)0.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency48.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.49
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.1m-€0.2m▲ 35.1%
Operating result€0.008m-€0.07m▲ 711%€0.08m▲ 22.7%€0.1m▲ 65.2%€0.1m▲ 0.1%€0.02m▼ 85.2%€0.01m▼ 47.7%€0.02m▲ 68.4%
Net result-€0.06m-€0.01m€0.03mwithin the sector's middle half▲ 101%€0.07mwithin the sector's middle half▲ 144%€0.06mwithin the sector's middle half▼ 12.1%€0.006mwithin the sector's middle half▼ 89.0%€0.02mwithin the sector's middle half▲ 214%€0.03mwithin the sector's middle half▲ 48.3%
EBIT margin7.1%-42.7%▲ 35.5pp
Equity€3.8m-€3.8m▲ 0.4%€3.8mabove the sector's middle half▲ 0.7%€3.9mabove the sector's middle half▲ 1.7%€3.9mabove the sector's middle half▲ 1.5%€4.0mabove the sector's middle half▲ 0.2%€4.0mabove the sector's middle half▲ 0.5%€4.0mabove the sector's middle half▲ 0.8%
Total assets€5.2m-€5.2m▲ 0.4%€5.2mabove the sector's middle half▲ 0.3%€5.4mabove the sector's middle half▲ 3.3%€5.4mabove the sector's middle half▼ 0.5%€5.3mabove the sector's middle half▼ 0.3%€5.3mabove the sector's middle half▼ 1.5%€8.2mabove the sector's middle half▲ 55.5%
Debt€1.4m-€1.4m▲ 0.3%€1.4m▼ 0.7%€1.5m▲ 7.4%€1.4m▼ 5.7%€1.4m▼ 1.6%€1.3m▼ 7.4%€4.2m▲ 225%
Working capital-€1.0m-€0.03m€0.08mwithin the sector's middle half▲ 217%€0.1mwithin the sector's middle half▲ 66.0%€0.1mwithin the sector's middle half▼ 5.2%€0.06mwithin the sector's middle half▼ 49.9%-€0.006mwithin the sector's middle half-€0.04mwithin the sector's middle half▼ 550%
Solvency73.0%-73.0%=73.2%within the sector's middle half▲ 0.3pp72.2%within the sector's middle half▼ 1.1pp73.6%within the sector's middle half▲ 1.5pp74.0%within the sector's middle half▲ 0.4pp75.5%within the sector's middle half▲ 1.5pp48.9%within the sector's middle half▼ 26.6pp
Current ratio0.11-1.19▲ 1.081.78within the sector's middle half▲ 0.592.41within the sector's middle half▲ 0.623.64within the sector's middle half▲ 1.231.78within the sector's middle half▼ 1.860.92within the sector's middle half▼ 0.860.49below the sector's middle half▼ 0.43
Return on assets (ROA)-1.2%-0.3%▲ 1.5pp0.5%within the sector's middle half▲ 0.3pp1.2%within the sector's middle half▲ 0.7pp1.1%within the sector's middle half▼ 0.1pp0.1%below the sector's middle half▼ 1.0pp0.4%below the sector's middle half▲ 0.3pp0.4%within the sector's middle half=
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.2m
Fixed assets
€8.1m ▲ 56.9%
Current assets
€40,195 ▼ 44.0%
Equity and liabilities €8.2m
Equity
€4.0m ▲ 0.8%
Debt
€4.2m ▲ 225%
Debt's share of the balance-sheet total rises from 24.5% to 51.1%. Equity and debt are higher.
Key figures and ratios
ROE
0.7%▲
2024 · 0.5%
Debt ≤ 1 year
€82,218▲
2024 · €78,295
Debt > 1 year
€4.1m▲
2024 · €1.2m
Income taxes
€75▼
2024 · €3,803
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €114,000 | €154,000 | - | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | €4,447 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,191 | €19,191 | €19,738 | €24,731 | €33,781 | €26,510 | €31,979 | €85,831 | ▲ 168% |
| Other operating charges640/8 | - | - | - | €2,957 | €3,026 | €6,701 | €3,680 | €5,773 | ▲ 56.9% |
| Gross operating margin9900 | - | - | €103,276 | €160,816 | €170,017 | €52,979 | €46,005 | €109,027 | ▲ 137% |
| Operating profit (loss)9901 | €8,097 | €65,684 | €80,605 | €133,128 | €133,210 | €19,768 | €10,347 | €17,423 | ▲ 68.4% |
| Financial income75/76B | - | - | - | - | - | €28,355 | €28,355 | €28,355 | = |
| Recurring financial income75 | - | €0 | €0 | - | - | €28,355 | €28,355 | €28,355 | = |
| Non-recurring financial income76B | - | - | - | - | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €54,686 | €53,719 | €41,633 | €14,710 | €15,753 | ▲ 7.1% |
| Recurring financial charges65 | €70,470 | €52,042 | €53,221 | €54,686 | €53,719 | €41,633 | €14,710 | €15,753 | ▲ 7.1% |
| Debt charges650 | €70,439 | €52,042 | - | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€62,373 | €13,643 | €27,384 | €78,441 | €79,491 | €6,489 | €23,992 | €30,025 | ▲ 25.1% |
| Income taxes67/77 | €144 | €72 | €62 | €11,852 | €20,938 | €66 | €3,803 | €75 | ▼ 98.0% |
| Profit (loss) for the period9904 | -€62,517 | €13,571 | €27,322 | €66,590 | €58,553 | €6,423 | €20,190 | €29,950 | ▲ 48.3% |
| Profit (loss) for the period to be appropriated9905 | -€62,517 | €13,571 | €27,322 | €66,590 | €58,553 | €6,423 | €20,190 | €29,950 | ▲ 48.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.2m | €5.2m | €5.2m | €5.4m | €5.4m | €5.3m | €5.3m | €8.2m | ▲ 55.5% |
| Fixed assets21/28 | €5.1m | €5.0m | €5.0m | €5.1m | €5.2m | €5.2m | €5.2m | €8.1m | ▲ 56.9% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | €1.5m | ▲ 82.1% |
| Land and buildings22 | - | - | - | €0.8m | €0.8m | €0.8m | €0.8m | €1.5m | ▲ 80.4% |
| Furniture and vehicles24 | - | - | - | €0 | €0.02m | €0 | - | €0.01m | - |
| Financial fixed assets28 | €4.4m | €4.4m | €4.4m | €4.4m | €4.4m | €4.4m | €4.4m | €6.6m | ▲ 52.2% |
| Current assets29/58 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.07m | €0.04m | ▼ 44.0% |
| Amounts receivable within one year40/41 | €0.09m | €0.03m | €0.04m | €0.03m | €0.04m | €0.04m | €0.05m | €0.01m | ▼ 67.7% |
| Trade receivables40 | - | - | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 5.5% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.03m | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | €0.03m | €0.03m | ▲ 0.7% |
| Deferred charges and accrued income490/1 | - | - | - | €90 | €151 | €220 | €0.001m | €102 | ▼ 91.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.2m | €5.2m | €5.2m | €5.4m | €5.4m | €5.3m | €5.3m | €8.2m | ▲ 55.5% |
| Equity10/15 | €3.8m | €3.8m | €3.8m | €3.9m | €3.9m | €4.0m | €4.0m | €4.0m | ▲ 0.8% |
| Contributions10/11 | €0.6m | €0.6m | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Revaluation surpluses12 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €2.8m | €2.8m | €2.8m | €2.9m | €3.0m | €3.0m | €3.0m | €3.0m | ▲ 1.0% |
| Non-distributable reserves130/1 | - | - | - | €0.06m | €0.06m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.06m | €0.06m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €2.8m | €2.9m | €3.0m | €3.0m | €3.0m | ▲ 1.0% |
| Amounts payable17/49 | €1.4m | €1.4m | €1.4m | €1.5m | €1.4m | €1.4m | €1.3m | €4.2m | ▲ 225% |
| Amounts payable after more than one year17 | €0.3m | €1.2m | €1.3m | €1.4m | €1.3m | €1.3m | €1.2m | €4.1m | ▲ 239% |
| Financial debts170/4 | - | - | - | €0.4m | €0.3m | €0.4m | €0.3m | €2.6m | ▲ 744% |
| Other amounts payable178/9 | - | - | - | €1.0m | €1.0m | €0.9m | €0.9m | €1.5m | ▲ 62.5% |
| Amounts payable within one year42/48 | €1.1m | €0.1m | €0.1m | €0.1m | €0.05m | €0.08m | €0.08m | €0.08m | ▲ 5.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.04m | €0.06m | €0.06m | €0.07m | ▲ 13.3% |
| Financial debts43 | - | - | - | €0.05m | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.05m | €0 | - | - | - | - |
| Trade debts44 | - | €0.001m | €496 | €0.004m | €0.004m | €0.01m | €0.006m | €0.002m | ▼ 60.4% |
| Suppliers440/4 | - | - | - | €0.004m | €0.004m | €0.01m | €0.006m | €0.002m | ▼ 60.4% |
| Advances received on contracts in progress46 | - | - | - | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.01m | €0.01m | €0.009m | €0.008m | ▼ 12.2% |
| Taxes450/3 | - | - | - | €0.006m | €0.008m | €0.009m | €0.007m | €0.006m | ▼ 23.5% |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.002m | €0.003m | €0.002m | €0.003m | ▲ 24.2% |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.04m | €0.04m | €0.03m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.06m | €0.01m | €0.03m | €0.07m | €0.06m | €0.006m | €0.02m | €0.03m | ▲ 48.3% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | €0.09m | ▲ 168% |
| Operating cash flow (approximation) | -€0.04m | €0.03m | €0.05m | €0.09m | €0.09m | €0.03m | €0.05m | €0.1m | ▲ 122% |
| Investment in fixed assets (approximation) | - | €0 | -€0.01m | -€0.1m | -€0.06m | -€0.04m | -€0.03m | -€3.0m | ▼ 11,461% |
| Change in cash | - | €0.1m | €0.009m | €0.06m | -€0.06m | -€0.04m | -€0.08m | €184 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-06-2026 | 2026-00229112 |
| 31-12-2024 | abbreviated format | 24-07-2025 | 2025-00304880 |
| 31-12-2023 | abbreviated format | 31-08-2024 | 2024-00434133 |
| 31-12-2022 | abbreviated format | 10-07-2023 | 2023-00219791 |
| 31-12-2021 | abbreviated format | 13-06-2022 | 2022-20058995 |
| 31-12-2020 | abbreviated format | 19-07-2021 | 2021-36900156 |
| 31-12-2019 | full format | 13-08-2020 | 2020-40900567 |
| 31-12-2018 | full format | 31-07-2019 | 2019-42200471 |
| 31-12-2017 | full format | 30-08-2018 | 2018-56500433 |
| 31-12-2016 | full format | 04-07-2017 | 2017-28200327 |
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