JFire
JFire is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €71k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 7865 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €71k |
| Net result | €-11k |
| Better than sector | 41% |
| Active | 7 yrs |
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.2% | 51.3% | |
| Net result | €-11k | €33k | |
| Equity | €71k | €132k | |
| Gross operating margin | €-9k | €63k | |
| Total assets | €177k | €338k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €-11k | €182k | €56k | €50k | €52k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - | - |
| Income taxes | €152 | €54k | €15k | €13k | €14k |
| Dividends | €119k | - | €105k | €177k | - |
| Total assets | €177k | €207k | €121k | €87k | €229k |
| Equity | €71k | €200k | €19k | €68k | €195k |
| Debt | €106k | €6k | €102k | €18k | €34k |
| of which ≤ 1y | €105k | €6k | €101k | €18k | €33k |
| of which > 1y | - | - | - | - | - |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 40.2% | 96.9% | 15.4% | 78.7% | 85.2% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | -6.0% | 87.9% | 46.3% | 57.2% | 22.7% |
| ROE | -14.9% | 90.7% | 300.1% | 72.7% | 26.7% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €177k | €207k | €121k | €87k | €229k |
| Fixed assets | 21/28 | €3k | €2k | €2k | €75 | €4k |
| Tangible fixed assets | 22/27 | €3k | €2k | €2k | €75 | €4k |
| Current assets | 29/58 | €174k | €205k | €118k | €87k | €225k |
| Amounts receivable within one year | 40/41 | €14k | €16k | €63k | €56k | €14k |
| Investments | 50/53 | €70k | - | - | - | - |
| Cash & bank | 54/58 | €88k | €187k | €50k | €28k | €211k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €177k | €207k | €121k | €87k | €229k |
| Equity | 10/15 | €71k | €200k | €19k | €68k | €195k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €63k | €182k | - | €50k | €177k |
| Accumulated profits (losses) | 14 | €-11k | - | - | - | - |
| Amounts payable | 17/49 | €106k | €6k | €102k | €18k | €34k |
| Amounts payable within one year | 42/48 | €105k | €6k | €101k | €18k | €33k |
| Trade debts payable within one year | 44 | €2k | €3k | €2k | €2k | €2k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-9k | €260k | €73k | €64k | €67k |
| Operating result | 9901 | €-10k | €236k | €72k | €63k | €67k |
| Financial income | 75 | - | €200 | €429 | €88 | - |
| Financial charges | 65 | €903 | €534 | €2k | €1k | €753 |
| Result before taxes | 9903 | €-10k | €236k | €70k | €62k | €66k |
| Income taxes | 67/77 | €152 | €54k | €15k | €13k | €14k |
| Net result for the period | 9904 | €-11k | €182k | €56k | €50k | €52k |
| Result to be appropriated | 9905 | €-11k | €119k | €56k | €50k | €52k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 08-03-2019 |
| Status | Active |
| Postal code | 9770 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040D0127/00G002 | Flanders | 7,315 m² | 1 · 1,408 m² | 22.6 m · 5 fl. |
| 45017C0354/00W002 | Flanders | 932 m² | 1 · 100 m² | 7.1 m |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
13-06-2023 Registered office moved from Melle to Kruisem
- Collegebaan 2 bus K6 : 9090 Melle → 9770 Kruisem, Waregemsesteenweg 136
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "9770 Kruisem, Waregemsesteenweg 136",
"city": "Kruisem",
"region": "vlaams_gewest",
"street": "Waregemsesteenweg",
"country": "BE",
"postcode": "9770",
"box_number": null,
"street_number": "136",
"locality_suffix": null
},
"old_address": {
"raw": "Collegebaan 2 bus K6 : 9090 Melle",
"city": "Melle",
"region": "vlaams_gewest",
"street": "Collegebaan",
"country": "BE",
"postcode": "9090",
"box_number": "K6",
"street_number": "2",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Bruno Raes",
"firm_city": null,
"firm_name": null,
"office_city": "Kortrijk",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-06-13",
"filing_date": "2023-06-09",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-05-09",
"unanimous": true
},
"subject_company": {
"kbo": "0722.568.935",
"name_full": "JFire",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expeditie van het proces-verbaal van statutenwijziging",
"de geco\u00F6rdineerde tekst van de statuten"
]
}| Legal nameNL | JFire |