JFCO
ActiveSummary
JFCO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €176,939 and a net result of €68,349. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+3
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 4.15 against 4.2 in 2023; short-term debt: 19.2% and cash: 67.5% of total assets), and 19.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €176,939
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
15 d early
2022
24 d early
2021
16 d early
2020
3 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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 Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€176,939▲ 62.9%
2023 · €108,590
Total assets
€218,900▲ 59.1%
2023 · €137,591
Net result
€68,349▲ 120%
2023 · €31,079
Working capital
€132,277▲ 42.3%
2023 · €92,943
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
Operating result€223,476▼ 16.4%€225,553▲ 0.9%-€6,308€40,264€88,507▲ 120%
Net result€169,125▼ 13.1%€171,660▲ 1.5%-€7,289€31,079€68,349▲ 120%
Equity€383,728▲ 78.8%€555,388▲ 44.7%€77,511▼ 86.0%€108,590▲ 40.1%€176,939▲ 62.9%
Total assets€478,346▲ 70.5%€645,192▲ 34.9%€503,409▼ 22.0%€137,591▼ 72.7%€218,900▲ 59.1%
Debt€94,618▲ 43.6%€89,804▼ 5.1%€425,898▲ 374%€29,001▼ 93.2%€41,961▲ 44.7%
Working capital€372,992▲ 95.0%€556,068▲ 49.1%€77,942▼ 86.0%€92,943▲ 19.2%€132,277▲ 42.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Total assets -73% on 2022. Cause not known from the registers.
- 2022 Equity -86% on 2021. Cause not known from the registers.
- 2020 Equity +79%, Total assets +71% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 120% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €218,900
Fixed assets
€44,662 ▲ 185%
Current assets
€174,238 ▲ 42.9%
Equity and liabilities €218,900
Equity
€176,939 ▲ 62.9%
Debt
€41,961 ▲ 44.7%
Debt's share of the balance-sheet total falls from 21.1% to 19.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93,157▲
2023 · €40,426
Cash flow
€72,999▲
2023 · €31,241
Current ratio
4.15▼
2023 · 4.20
Debt to equity
0.24▼
2023 · 0.27
ROE
38.6%▲
2023 · 28.6%
ROA
31.2%▲
2023 · 22.6%
Interest coverage
283.25▲
2023 · 131.82
Debt ≤ 1 year
€41,961▲
2023 · €29,001
Income taxes
€20,030▲
2023 · €9,466
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,964 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,318 | €11,262 | €0 | €162 | €4,650 | ▲ 2,772% |
| Other operating charges640/8 | - | €1,297 | €1,156 | €1,239 | €3,283 | ▲ 165% |
| Gross operating margin9900 | €237,305 | €238,112 | -€5,152 | €41,665 | €96,440 | ▲ 131% |
| Operating profit (loss)9901 | €223,476 | €225,553 | -€6,308 | €40,264 | €88,507 | ▲ 120% |
| Financial income75/76B | - | €0 | €36 | €588 | €200 | ▼ 65.9% |
| Recurring financial income75 | €4 | €0 | €36 | €588 | €200 | ▼ 65.9% |
| Financial charges65/66B | - | €862 | €665 | €307 | €329 | ▲ 7.2% |
| Recurring financial charges65 | €801 | €862 | €665 | €307 | €329 | ▲ 7.2% |
| Profit (loss) for the period before taxes9903 | €222,680 | €224,691 | -€6,936 | €40,545 | €88,379 | ▲ 118% |
| Income taxes67/77 | €53,554 | €53,031 | €353 | €9,466 | €20,030 | ▲ 112% |
| Profit (loss) for the period9904 | €169,125 | €171,660 | -€7,289 | €31,079 | €68,349 | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | €169,125 | €171,660 | -€7,289 | €31,079 | €68,349 | ▲ 120% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €478,346 | €645,192 | €503,409 | €137,591 | €218,900 | ▲ 59.1% |
| Fixed assets21/28 | €11,262 | €0 | - | €15,647 | €44,662 | ▲ 185% |
| Tangible fixed assets22/27 | €11,262 | €0 | - | €15,647 | €44,662 | ▲ 185% |
| Plant, machinery and equipment23 | - | €0 | - | - | - | - |
| Furniture and vehicles24 | - | €0 | - | €1,646 | €1,073 | ▼ 34.8% |
| Other tangible fixed assets26 | - | - | - | €14,001 | €43,590 | ▲ 211% |
| Current assets29/58 | €467,084 | €645,192 | €503,409 | €121,944 | €174,238 | ▲ 42.9% |
| Amounts receivable within one year40/41 | €153,075 | €181,012 | €0 | €6,033 | €24,711 | ▲ 310% |
| Trade receivables40 | - | €181,012 | €0 | €5,000 | €23,595 | ▲ 372% |
| Other amounts receivable41 | - | - | - | €1,033 | €1,116 | ▲ 8.0% |
| Current investments50/53 | €250,000 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €64,009 | €464,180 | €503,409 | €114,402 | €147,854 | ▲ 29.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,510 | €1,673 | ▲ 10.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €478,346 | €645,192 | €503,409 | €137,591 | €218,900 | ▲ 59.1% |
| Equity10/15 | €383,728 | €555,388 | €77,511 | €108,590 | €176,939 | ▲ 62.9% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €363,728 | €535,388 | €64,799 | €64,799 | €64,799 | = |
| Distributable reserves133 | - | €535,388 | €64,799 | €64,799 | €64,799 | = |
| Profit (loss) carried forward14 | - | - | -€7,289 | €23,791 | €92,140 | ▲ 287% |
| Amounts payable17/49 | €94,618 | €89,804 | €425,898 | €29,001 | €41,961 | ▲ 44.7% |
| Amounts payable within one year42/48 | €94,092 | €89,123 | €425,467 | €29,001 | €41,961 | ▲ 44.7% |
| Financial debts43 | - | €3,020 | €3,031 | €1,557 | €1,599 | ▲ 2.7% |
| Credit institutions430/8 | - | €3,020 | €3,031 | €1,557 | €1,599 | ▲ 2.7% |
| Trade debts44 | €5,723 | €1,767 | €1,474 | €15,077 | €12,511 | ▼ 17.0% |
| Suppliers440/4 | - | €1,767 | €1,474 | €15,077 | €12,511 | ▼ 17.0% |
| Taxes, remuneration and social security45 | - | €64,588 | €17,013 | €12,367 | €27,851 | ▲ 125% |
| Taxes450/3 | - | €64,588 | €17,013 | €11,492 | €27,851 | ▲ 142% |
| Remuneration and social security454/9 | - | - | - | €875 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €19,748 | €403,949 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €680 | €431 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €169,125 | €171,660 | -€7,289 | €31,079 | €68,349 | ▲ 120% |
| + Depreciation and write-downs630 | €12,318 | €11,262 | €0 | €162 | €4,650 | ▲ 2,772% |
| Operating cash flow (approximation) | €181,443 | €182,922 | -€7,289 | €31,241 | €72,999 | ▲ 134% |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€33,665 | - |
| Change in cash | - | €400,171 | €39,229 | -€389,007 | €33,452 | ▲ 109% |
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
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150,000Eq €176,939 ▲62.9%
2 profitable years in a row build equity to €176,939.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €31,079
Net result €31,079 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.20
Current ratio from 1.18 to 4.20; short-term debt falls from €425,467 to €29,001.
31-12
Financial
Equity above €100,000Eq €108,590 ▲40.1%
Equity rises from €77,511 to €108,590.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€7,289
Net result drops to -€7,289, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500,000Eq €555,388 ▲44.7%
3 profitable years in a row build equity to €555,388.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-09
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen · 1 establishment unit since 2018
Ground area
274 m²
Building footprint
136 m²
Volume, LiDAR
1,000 m³
Parcel 11804D2103/00B000, Flanders · tallest building 15.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JFCO
since 20182.282.508.780
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D2103/00B000 | Flanders | 274 m² | 1 · 136 m² | 15.3 m · 3 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.
Structure & network
Connections & network
3 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
ALYAN
BE 0476.155.182
Koksijde · Eq €176,940
XZEN
BE 0836.753.276
Boechout · Eq €176,940
TM Solutions
BE 0663.799.011
Duffel · Eq €176,929
AspireX
BE 1006.541.185
Aalst · Eq €176,951
WNL
BE 0477.182.788
Genk · Eq €176,913
Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,629 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
Founded19-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0713689574
Also
9925:BE0713689574
Registered
08-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.