JFE Innovation Center
The computed 12-month bankruptcy probability of JFE Innovation Center is 2.7% (moderate). The 2024 annual accounts show equity of €3.67M and a net result of €-231k. Equity is growing by ~190.5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3.67M |
| Net result | €-231k |
| Active | 5 yrs |
| Board | 3 |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €199k |
| Net profit | €-231k |
| Cash flow | €166k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4.53M |
| Equity | €3.67M |
| Debt | €856k |
| of which ≤ 1y | €856k |
| of which > 1y | - |
| Working capital | €896k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.05 |
| Quick ratio | 2.05 |
| Working capital ratio | 19.8% |
| Solvency | 81.1% |
| Debt / equity | 0.23 |
| Long-term debt ratio | - |
| Interest coverage | 4.84 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.1% |
| ROE | -6.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.53M |
| Fixed assets | 21/28 | €2.78M |
| Intangible fixed assets | 21 | €2.78M |
| Current assets | 29/58 | €1.75M |
| Amounts receivable within one year | 40/41 | €1.72M |
| Cash & bank | 54/58 | €33k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.53M |
| Equity | 10/15 | €3.67M |
| Contributions / capital | 10/11 | €5.01M |
| Accumulated profits (losses) | 14 | €-1.34M |
| Amounts payable | 17/49 | €856k |
| Amounts payable within one year | 42/48 | €856k |
| Trade debts payable within one year | 44 | €596k |
| Income statement | ||
| Gross operating margin | 9900 | €199k |
| Operating result | 9901 | €-198k |
| Financial income | 75 | €8k |
| Financial charges | 65 | €41k |
| Result before taxes | 9903 | €-231k |
| Net result for the period | 9904 | €-231k |
| Result to be appropriated | 9905 | €-231k |
-
Current10-10-2025 → present
-
Current10-10-2025 → present
2 events
- 10-10-2025 Appointed· Director
- 04-03-2025 Resigned· Director
-
Current04-03-2025 → present
Former directors (3)
-
Former04-03-2025 → 10-10-2025
2 events
- 10-10-2025 Resigned· Director
- 04-03-2025 Appointed· Director
-
Former- → 04-03-2025
-
Former- → 31-07-2022
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BV Baker Tilly BedrijfsrevisorenCurrent Statutory auditor · represented by Tom De Wilde |
- | 04-11-2025 → present |
| NACE primary | Vervaardiging van verpakkingsmateriaal van kunststof(22220) |
| Legal form | Private limited company(610) |
| Incorporation | 09-04-2021 |
| Status | Active |
| Postal code | 6761 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-03-2026 Baker Tilly Belgium Bedrijfsrevisoren BV resigns as statutory auditor
- Baker Tilly Belgium Bedrijfsrevisoren BV, Commissaris
Technical details
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}
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}18-02-2026 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
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"voorwerp_change_summary": "La soci\u00E9t\u00E9 a pour objet, tant en Belgique qu\u0027\u00E0 l\u0027\u00E9tranger, pour compte propre et pour le compte de tiers : le d\u00E9veloppement de la recherche en vue d\u0027\u00E9laborer et concevoir des produits de toute nature incluant des solutions innovantes pour les emballages et l\u0027\u00E9tiquetages recyclables, la vente et la distribution de certains types de films, le d\u00E9veloppement, l\u0027\u00E9laboration et le design de nouveaux produits en mati\u00E8re des solutions innovantes pour les emballages et l\u0027\u00E9tiquetages recyclables, l\u0027achat ",
"capital_structure_change": null,
"coordinated_text_lineage": null
}12-11-2025 2 directors appointed, 1 resigning
- Serge FRANÇOIS, Bestuurder
- Gilbert DAVIDS, Bestuurder
- Somnath SAHA, Bestuurder
Technical details
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}04-11-2025 Tom De Wilde appointed as statutory auditor
- Tom De Wilde, Commissaris
Technical details
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}24-10-2025 2 directors appointed, 2 resigning
- Sudhir VIRMANI, Bestuurder
- Somnath SAHA, Bestuurder
- Serge FRANÇOIS, Bestuurder
- Michel MULLENS, Bestuurder
Technical details
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"evidence_quote": "L\u0027actionnaire unique a d\u00E9cid\u00E9: - d\u0027approuver la d\u00E9mission de Monsieur Serge FRAN\u00C7OIS et de Monsieur Michel MULLENS en tant qu\u0027administrateurs de la Soci\u00E9t\u00E9, et ceci avec effet \u00E0 partir du 4 Mars 2025. La d\u00E9charge pour l\u0027exercice de leurs mandats sera donn\u00E9e lors de l\u0027assembl\u00E9e g\u00E9n\u00E9rale annuelle des "
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}29-01-2024 Capital increase of €5,000,000
Technical details
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"after_eur": null,
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"effective_date": "2024-01-08",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide d\u0027augmenter le compte de capitaux propres \u00E0 concurrence de 5.000.000,00 EUR, et d\u00E9cide que cet apport suppl\u00E9mentaire sera r\u00E9alis\u00E9 par un apport en num\u00E9raire",
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}22-09-2023 Articles of association amended
Technical details
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],
"governance_change": {
"admin_delegated_added": []
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}01-03-2023 Mark LOCKHART resigns as director
- Mark LOCKHART, Bestuurder
Technical details
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}19-04-2021 Incorporation of a new SRL
Technical details
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}| Legal nameFR | JFE Innovation Center |