JF TRADERS
ActiveSummary
The computed 12-month bankruptcy probability of JF TRADERS is 4.3% (elevated). The 2024 annual accounts show equity of €63k and a net result of €7k. Equity is growing by ~57.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability40▼-46
Solvency37▼-15
Growth85▲+7
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.14 against 1.38 in 2023; short-term debt: 87.2% and cash: 21.1% of total assets), and 88.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.6%
Return on assets
1.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
72 d late
2022
253 d late
2021
6 d early
2020
23 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Turnover
€1.65M▲ 215%
2020 · €522k
EBIT margin
0.8%▼ 0.4pp
2020 · 1.1%
Net result
€7k▼ 75.6%
2023 · €29k
Working capital
€65k▲ 17.0%
2023 · €56k
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
Line20202021202220232024
Turnover€522k-€1.65M
Operating result€6k-€18k▲ 201%€2k▼ 86.6%€29k▲ 1,105%€12k▼ 56.7%
Net result€5k-€17k▲ 254%€2k▼ 87.6%€29k▲ 1,295%€7k▼ 75.6%
EBIT margin1.1%-0.8%
Equity€5k-€21k▲ 354%€27k▲ 27.3%€56k▲ 106%€63k▲ 12.6%
Total assets€54k-€82k▲ 50.4%€172k▲ 110%€208k▲ 21.2%€544k▲ 162%
Debt€50k-€60k▲ 21.6%€144k▲ 139%€152k▲ 5.2%€481k▲ 217%
Working capital€1k-€19k▲ 1,308%€26k▲ 33.0%€56k▲ 116%€65k▲ 17.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €544k
Fixed assets
€4k ▼ 34.9%
Current assets
€540k ▲ 169%
Equity and liabilities €544k
Equity
€63k ▲ 12.6%
Debt
€481k ▲ 217%
Debt's share of the balance-sheet total rises from 73.0% to 88.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2023 · €35k
Cash flow
€12k▼
2023 · €35k
Current ratio
1.14▼
2023 · 1.38
Quick ratio
1.03▼
2023 · 1.06
Debt to equity
7.62▲
2023 · 2.70
ROE
11.2%▼
2023 · 51.5%
ROA
1.3%▼
2023 · 13.9%
Interest coverage
3.25▼
2023 · 264.64
Debt ≤ 1 year
€475k▲
2023 · €146k
Debt > 1 year
€6k=
2023 · €6k
Staff costs
€75k▲
2023 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €522k | - | - | - | €1.65M | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €1.53M | - |
| Remuneration, social security and pensions62 | - | €49k | €38k | €39k | €75k | ▲ 92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €6k | €6k | €5k | ▼ 20.3% |
| Other operating charges640/8 | - | €242 | €2k | €2k | €21k | ▲ 1,172% |
| Gross operating margin9900 | €22k | €70k | €48k | €76k | €113k | ▲ 50.2% |
| Operating profit (loss)9901 | €6k | €18k | €2k | €29k | €12k | ▼ 56.7% |
| Financial income75/76B | - | - | €0 | €290 | - | - |
| Recurring financial income75 | €1 | - | €0 | €290 | - | - |
| Financial charges65/66B | - | €1k | €313 | €132 | €5k | ▲ 3,955% |
| Recurring financial charges65 | €1k | €1k | €313 | €132 | €5k | ▲ 3,955% |
| Profit (loss) for the period before taxes9903 | €5k | €17k | €2k | €29k | €7k | ▼ 75.6% |
| Profit (loss) for the period9904 | €5k | €17k | €2k | €29k | €7k | ▼ 75.6% |
| Profit (loss) for the period to be appropriated9905 | €5k | €17k | €2k | €29k | €7k | ▼ 75.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54k | €82k | €172k | €208k | €544k | ▲ 162% |
| Fixed assets21/28 | €3k | €4k | €13k | €7k | €4k | ▼ 34.9% |
| Tangible fixed assets22/27 | €3k | €4k | €13k | €7k | €4k | ▼ 35.9% |
| Plant, machinery and equipment23 | - | €3k | €1k | - | €3k | - |
| Furniture and vehicles24 | - | €2k | €12k | €7k | €2k | ▼ 75.0% |
| Financial fixed assets28 | - | - | - | €195 | €195 | = |
| Current assets29/58 | €51k | €78k | €159k | €201k | €540k | ▲ 169% |
| Stocks and contracts in progress3 | €8k | €9k | €101k | €47k | €50k | ▲ 6.7% |
| Stocks30/36 | - | €9k | €101k | €47k | €50k | ▲ 6.7% |
| Amounts receivable within one year40/41 | €23k | €59k | €12k | €83k | €375k | ▲ 353% |
| Trade receivables40 | - | €59k | €7k | €72k | €365k | ▲ 406% |
| Other amounts receivable41 | - | - | €5k | €11k | €10k | ▼ 3.0% |
| Cash at bank and in hand54/58 | €20k | €9k | €46k | €72k | €115k | ▲ 60.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54k | €82k | €172k | €208k | €544k | ▲ 162% |
| Equity10/15 | €5k | €21k | €27k | €56k | €63k | ▲ 12.6% |
| Contributions10/11 | - | - | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €5k | €21k | €9k | €38k | €45k | ▲ 18.8% |
| Amounts payable17/49 | €50k | €60k | €144k | €152k | €481k | ▲ 217% |
| Amounts payable after more than one year17 | - | €2k | €12k | €6k | €6k | = |
| Financial debts170/4 | - | €2k | €12k | €6k | €6k | = |
| Amounts payable within one year42/48 | €50k | €58k | €133k | €146k | €475k | ▲ 226% |
| Trade debts44 | €30k | €37k | €86k | €108k | €429k | ▲ 298% |
| Suppliers440/4 | - | €37k | €86k | €108k | €429k | ▲ 298% |
| Advances received on contracts in progress46 | - | - | €7k | €3k | €3k | = |
| Taxes, remuneration and social security45 | - | €20k | €35k | €29k | €38k | ▲ 30.6% |
| Taxes450/3 | - | €17k | €8k | €15k | €10k | ▼ 31.3% |
| Remuneration and social security454/9 | - | €3k | €27k | €14k | €28k | ▲ 94.7% |
| Other amounts payable47/48 | - | €1k | €5k | €6k | €5k | ▼ 4.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €17k | €2k | €29k | €7k | ▼ 75.6% |
| + Depreciation and write-downs630 | €2k | €3k | €6k | €6k | €5k | ▼ 20.3% |
| Operating cash flow (approximation) | €6k | €20k | €8k | €35k | €12k | ▼ 65.6% |
| Investment in fixed assets (approximation) | - | €-4k | €-15k | €-195 | €-3k | ▼ 1,259% |
| Change in cash | - | €-11k | €36k | €26k | €43k | ▲ 66.1% |
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
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
09-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 253 days late
2023
31-12
Financial
Highest result since 2020net €29k ▲1,295%
Operating result €29k, net result €29k, both a record.
2022
31-12
Financial
Weakest financial yearnet €2k ▼87.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Koekelberg · 2 establishment units since 2019
Ground area
910 m²
Building footprint
301 m²
Volume, LiDAR
4,316 m³
3 parcels, Brussels, Wallonia · tallest building 18.7 m, ±6 floors. Linked by address, not a title deed.
97
companies at this address
See who is registered here
2 establishment units
JF TRADERS
since 20192.285.012.271
JF TRADERS
since 20222.325.576.978
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0043/00P002 | Brussels | 426 m² | 1 · 116 m² | 18.2 m · 5 fl. |
| 53403E0740/00M006 | Wallonia | 336 m² | 1 · 125 m² | 18.7 m · 6 fl. |
| 52011B0146/00C000 | Wallonia | 148 m² | 1 · 60 m² | 17.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesCharleroi2.285.012.271
Mons2.325.576.978
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Of 10,506 companies in sector 47110 we hold annual accounts for 5,849. 4,657 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
33190Repair, maintenance and installation of machinery and equipment
Contact
Phone
0474592280Charleroi
Scores and ratios are computed by Checked and are not a credit decision.