Summary
JFOAM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €27,544 and a net result of €8,836. Its solvency ranks better than 72% of 9866 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 check 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 What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
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
€27,544▲ 47.2%
2023 · €18,708
Net result
€8,836▼ 43.7%
2023 · €15,708
Total assets
€36,202▼ 17.5%
2023 · €43,871
Solvency
76.1%▲ 33.4pp
2023 · 42.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€22,034-€13,993▼ 36.5%
Net result€15,708within the sector's middle half-€8,836within the sector's middle half▼ 43.7%
Equity€18,708below the sector's middle half-€27,544below the sector's middle half▲ 47.2%
Total assets€43,871below the sector's middle half-€36,202below the sector's middle half▼ 17.5%
Debt€25,163-€8,658▼ 65.6%
Working capital-€5,917-€6,643
Solvency42.6%within the sector's middle half-76.1%within the sector's middle half▲ 33.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 36% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36,202
Fixed assets
€20,902 ▼ 15.1%
Current assets
€15,301 ▼ 20.5%
Equity and liabilities €36,202
Equity
€27,544 ▲ 47.2%
Debt
€8,658 ▼ 65.6%
Debt's share of the balance-sheet total falls from 57.4% to 23.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
32.1%▼
2023 · 84.0%
ROA
24.4%▼
2023 · 35.8%
Debt ≤ 1 year
€8,658▼
2023 · €25,163
Income taxes
€5,145▼
2023 · €6,327
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €543 | €5,263 | ▲ 869% |
| Gross operating margin9900 | €22,577 | €19,256 | ▼ 14.7% |
| Operating profit (loss)9901 | €22,034 | €13,993 | ▼ 36.5% |
| Financial charges65/66B | - | €12 | - |
| Recurring financial charges65 | - | €12 | - |
| Profit (loss) for the period before taxes9903 | €22,034 | €13,981 | ▼ 36.5% |
| Income taxes67/77 | €6,327 | €5,145 | ▼ 18.7% |
| Profit (loss) for the period9904 | €15,708 | €8,836 | ▼ 43.7% |
| Profit (loss) for the period to be appropriated9905 | €15,708 | €8,836 | ▼ 43.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €43,871 | €36,202 | ▼ 17.5% |
| Fixed assets21/28 | €24,625 | €20,902 | ▼ 15.1% |
| Tangible fixed assets22/27 | €19,115 | €15,392 | ▼ 19.5% |
| Furniture and vehicles24 | €19,115 | €15,392 | ▼ 19.5% |
| Financial fixed assets28 | €5,510 | €5,510 | = |
| Current assets29/58 | €19,246 | €15,301 | ▼ 20.5% |
| Amounts receivable within one year40/41 | €10,221 | €9,120 | ▼ 10.8% |
| Trade receivables40 | €10,000 | €7,100 | ▼ 29.0% |
| Other amounts receivable41 | €221 | €2,020 | ▲ 814% |
| Cash at bank and in hand54/58 | €9,025 | €6,180 | ▼ 31.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €43,871 | €36,202 | ▼ 17.5% |
| Equity10/15 | €18,708 | €27,544 | ▲ 47.2% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €15,708 | €24,544 | ▲ 56.3% |
| Distributable reserves133 | €15,708 | €24,544 | ▲ 56.3% |
| Amounts payable17/49 | €25,163 | €8,658 | ▼ 65.6% |
| Amounts payable within one year42/48 | €25,163 | €8,658 | ▼ 65.6% |
| Trade debts44 | €18,836 | €3,114 | ▼ 83.5% |
| Suppliers440/4 | €18,836 | €3,114 | ▼ 83.5% |
| Taxes, remuneration and social security45 | €6,327 | €3,346 | ▼ 47.1% |
| Taxes450/3 | €6,327 | €3,346 | ▼ 47.1% |
| Other amounts payable47/48 | - | €2,198 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,708 | €8,836 | ▼ 43.7% |
| + Depreciation and write-downs630 | €543 | €5,263 | ▲ 869% |
| Operating cash flow (approximation) | €16,251 | €14,099 | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | -€1,539 | - |
| Change in cash | - | -€2,844 | - |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.77
Current ratio from 0.76 to 1.77; short-term debt falls from €25,163 to €8,658.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Morlanwelz · 1 establishment unit since 2023
Ground area
892 m²
Building footprint
234 m²
Volume, LiDAR
1,014 m³
Parcel 56057A0123/00P002, Wallonia · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JFOAM
since 20232.350.517.163
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0123/00P002 | Wallonia | 892 m² | 1 · 234 m² | 6.4 m · 1 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.
Similar companies · same sector, comparable size
BOESCO
BE 0801.255.533
Laakdal · Eq €27,562
DMVO
BE 0553.949.380
Aalst · Eq €27,523
Viverio Business Solutions
BE 0715.853.565
Bree · Eq €27,514
B DOBLE
BE 0685.523.447
Zwalm · Eq €27,588
YSY MANAGEMENT
BE 0800.435.288
Brugge · Eq €27,495
Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 8,537 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
Founded14-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0805830666
Registered
09-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.