JFORGE CONSULTING
ActiveSummary
JFORGE CONSULTING has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €237k and a net result of €38k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▼-3
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 19.43 against 3.27 in 2023; short-term debt: 4.1% and cash: 26.7% of total assets), and 4.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
40 d early
2022
24 d early
2021
13 d early
2020
8 d early
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€237k▲ 18.9%
2023 · €199k
2018: €127klowest in 7 years
2019: €167k▲ +31.7% vs 2018
2020: €188k▲ +12.8% vs 2019
2021: €197k▲ +4.6% vs 2020
2022: €199k▲ +1.0% vs 2021
2023: €199k▲ +0.4% vs 2022
2024: €237k▲ +18.9% vs 2023highest in 7 years
2018 → 2024
Total assets
€247k▼ 5.6%
2023 · €262k
2018: €163klowest in 7 years
2019: €196k▲ +20.4% vs 2018
2020: €215k▲ +9.4% vs 2019
2021: €249k▲ +16.2% vs 2020
2022: €241k▼ -3.5% vs 2021
2023: €262k▲ +8.8% vs 2022highest in 7 years
2024: €247k▼ -5.6% vs 2023
2018 → 2024
Net result
€38k▼ 18.3%
2023 · €46k
2018: €45k
2019: €40k▼ -11.4% vs 2018
2020: €21k▼ -46.9% vs 2019lowest in 7 years
2021: €46k▲ +114% vs 2020
2022: €37k▼ -17.9% vs 2021
2023: €46k▲ +23.1% vs 2022highest in 7 years
2024: €38k▼ -18.3% vs 2023
2018 → 2024
Working capital
€186k▲ 30.7%
2023 · €142k
2018: €115klowest in 7 years
2019: €156k▲ +35.4% vs 2018
2020: €194k▲ +24.3% vs 2019highest in 7 years
2021: €178k▼ -8.5% vs 2020
2022: €134k▼ -24.9% vs 2021
2023: €142k▲ +6.3% vs 2022
2024: €186k▲ +30.7% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€188k-€197k▲ 4.6%€199k▲ 1.0%€199k▲ 0.4%€237k▲ 18.9%
2020: €188klowest in 5 years
2021: €197k▲ +4.6% vs 2020
2022: €199k▲ +1.0% vs 2021
2023: €199k▲ +0.4% vs 2022
2024: €237k▲ +18.9% vs 2023highest in 5 years
Operating result€31k-€64k▲ 108%€51k▼ 19.0%€67k▲ 29.3%€55k▼ 16.9%
2020: €31klowest in 5 years
2021: €64k▲ +108% vs 2020
2022: €51k▼ -19.0% vs 2021
2023: €67k▲ +29.3% vs 2022highest in 5 years
2024: €55k▼ -16.9% vs 2023
Net result€21k-€46k▲ 114%€37k▼ 17.9%€46k▲ 23.1%€38k▼ 18.3%
2020: €21klowest in 5 years
2021: €46k▲ +114% vs 2020
2022: €37k▼ -17.9% vs 2021
2023: €46k▲ +23.1% vs 2022highest in 5 years
2024: €38k▼ -18.3% vs 2023
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 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247k
Fixed assets
€51k ▼ 10.4%
Current assets
€196k ▼ 4.3%
Equity and liabilities €247k
Equity
€237k ▲ 18.9%
Debt
€10k ▼ 83.9%
Debt's share of the balance-sheet total falls from 23.8% to 4.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63k▼
2023 · €74k
Cash flow
€45k▼
2023 · €54k
Current ratio
19.43▲
2023 · 3.27
Debt to equity
0.04▼
2023 · 0.31
ROE
15.9%▼
2023 · 23.1%
ROA
15.2%▼
2023 · 17.6%
Interest coverage
33.16▼
2023 · 39.10
Debt ≤ 1 year
€10k▼
2023 · €62k
Income taxes
€16k▼
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€262k€247k▼
Fixed assets21/28€57k€51k▼
Tangible fixed assets22/27€57k€51k▼
Furniture and vehicles24€0€1k▲
Other tangible fixed assets26€57k€50k▼
Current assets29/58€204k€196k▼
Amounts receivable within one year40/41€34k€13k▼
Trade receivables40€32k€13k▼
Other amounts receivable41€3k€0▼
Current investments50/53€75k€115k▲
Cash at bank and in hand54/58€94k€66k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€262k€247k▼
Equity10/15€199k€237k▲
Contributions10/11€6k€6k=
Reserves13€193k€231k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€193k€231k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€62k€10k▼
Amounts payable within one year42/48€62k€10k▼
Trade debts44€495€1k▲
Suppliers440/4€495€1k▲
Taxes, remuneration and social security45€19k€9k▼
Taxes450/3€19k€9k▼
Other amounts payable47/48€43k€81▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€846€747▼
Gross operating margin9900€75k€63k▼
Operating profit (loss)9901€67k€55k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€65k€53k▼
Income taxes67/77€19k€16k▼
Profit (loss) for the period9904€46k€38k▼
Profit (loss) for the period to be appropriated9905€46k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€38k▼
Transfer from equity791/2€45k€0▼
Transfer to equity691/2€46k€38k▼
To other reserves6921€46k€38k▼
Profit to be distributed694/7€45k€0▼
Return on contributions (dividend)694€45k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €2k | €7k | €8k | €7k | ▼ 4.1% |
| Other operating charges640/8 | - | €1k | €631 | €846 | €747 | ▼ 11.7% |
| Gross operating margin9900 | €46k | €66k | €59k | €75k | €63k | ▼ 15.6% |
| Operating profit (loss)9901 | €31k | €64k | €51k | €67k | €55k | ▼ 16.9% |
| Financial income75/76B | - | €8 | €0 | - | - | - |
| Recurring financial income75 | - | €8 | €0 | - | - | - |
| Financial charges65/66B | - | €2k | €2k | €2k | €2k | ▼ 0.5% |
| Recurring financial charges65 | €275 | €2k | €2k | €2k | €2k | ▼ 0.5% |
| Profit (loss) for the period before taxes9903 | €30k | €62k | €50k | €65k | €53k | ▼ 17.4% |
| Income taxes67/77 | €9k | €16k | €12k | €19k | €16k | ▼ 15.3% |
| Profit (loss) for the period9904 | €21k | €46k | €37k | €46k | €38k | ▼ 18.3% |
| Profit (loss) for the period to be appropriated9905 | €21k | €46k | €37k | €46k | €38k | ▼ 18.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €215k | €249k | €241k | €262k | €247k | ▼ 5.6% |
| Fixed assets21/28 | €3k | €29k | €65k | €57k | €51k | ▼ 10.4% |
| Tangible fixed assets22/27 | €3k | €29k | €65k | €57k | €51k | ▼ 10.4% |
| Furniture and vehicles24 | - | €1k | €450 | €0 | €1k | - |
| Other tangible fixed assets26 | - | €27k | €65k | €57k | €50k | ▼ 12.3% |
| Current assets29/58 | €212k | €221k | €176k | €204k | €196k | ▼ 4.3% |
| Amounts receivable within one year40/41 | €36k | €28k | €15k | €34k | €13k | ▼ 63.0% |
| Trade receivables40 | - | €27k | €13k | €32k | €13k | ▼ 59.7% |
| Other amounts receivable41 | - | €1k | €3k | €3k | €0 | ▼ 100% |
| Current investments50/53 | €75k | €75k | €75k | €75k | €115k | ▲ 53.3% |
| Cash at bank and in hand54/58 | €99k | €117k | €84k | €94k | €66k | ▼ 29.6% |
| Deferred charges and accrued income490/1 | - | €1k | €988 | €1k | €2k | ▲ 39.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €215k | €249k | €241k | €262k | €247k | ▼ 5.6% |
| Equity10/15 | €188k | €197k | €199k | €199k | €237k | ▲ 18.9% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €182k | €191k | €192k | €193k | €231k | ▲ 19.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €189k | €191k | €193k | €231k | ▲ 19.5% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €27k | €53k | €42k | €62k | €10k | ▼ 83.9% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €18k | €43k | €42k | €62k | €10k | ▼ 83.9% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Financial debts43 | - | €0 | - | - | - | - |
| Credit institutions430/8 | - | €0 | - | - | - | - |
| Trade debts44 | €992 | €1k | €1k | €495 | €1k | ▲ 143% |
| Suppliers440/4 | - | €1k | €1k | €495 | €1k | ▲ 143% |
| Taxes, remuneration and social security45 | - | €7k | €7k | €19k | €9k | ▼ 53.5% |
| Taxes450/3 | - | €7k | €7k | €19k | €9k | ▼ 53.5% |
| Other amounts payable47/48 | - | €35k | €34k | €43k | €81 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | - | €10k | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €46k | €37k | €46k | €38k | ▼ 18.3% |
| + Depreciation and write-downs630 | €15k | €2k | €7k | €8k | €7k | ▼ 4.1% |
| Operating cash flow (approximation) | €36k | €47k | €44k | €54k | €45k | ▼ 16.2% |
| Investment in fixed assets (approximation) | - | €-27k | €-43k | €0 | €-1k | - |
| Change in cash | - | €18k | €-33k | €10k | €-28k | ▼ 391% |
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
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 6current ratio 19.43
Current ratio from 3.27 to 19.43; short-term debt falls from €62k to €10k.
31-12
Financial
Equity above €200kEq €237k ▲18.9%
7 profitable years in a row build equity to €237k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €46k ▲23.1%
Operating result €67k, net result €46k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €21k ▼46.9%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Equity above €150kEq €167k ▲31.7%
2 profitable years in a row build equity to €167k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Kontich · 1 establishment unit since 2012
Ground area
990 m²
Building footprint
207 m²
Volume, LiDAR
794 m³
Parcel 11024F0220/00D002, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JFORGE CONSULTING
since 20122.207.987.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024F0220/00D002 | Flanders | 990 m² | 1 · 207 m² | 6.0 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,324 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
Founded16-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.