Summary
JFORZA 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 €179,621 and a net result of €49,583. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 8094 sector peers (fiscal year 2025). The company has been active since 2011 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.
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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 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
29 d early
2023
35 d early
2022
41 d early
2021
38 d early
2020
38 d early
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€179,621▲ 14.4%
2024 · €157,037
Net result
€49,583▼ 19.1%
2024 · €61,321
Total assets
€266,307▲ 0.4%
2024 · €265,133
Solvency
67.4%▲ 8.2pp
2024 · 59.2%
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
Line20212022202320242025
Operating result€63,384▲ 34.9%€65,215▲ 2.9%€74,857▲ 14.8%€80,542▲ 7.6%€58,495▼ 27.4%
Net result€48,743within the sector's middle half▲ 38.0%€50,117within the sector's middle half▲ 2.8%€52,822within the sector's middle half▲ 5.4%€61,321within the sector's middle half▲ 16.1%€49,583within the sector's middle half▼ 19.1%
Equity€76,777within the sector's middle half▲ 32.3%€96,894within the sector's middle half▲ 26.2%€122,716within the sector's middle half▲ 26.7%€157,037within the sector's middle half▲ 28.0%€179,621within the sector's middle half▲ 14.4%
Total assets€197,987within the sector's middle half▲ 5.6%€268,738within the sector's middle half▲ 35.7%€262,995within the sector's middle half▼ 2.1%€265,133within the sector's middle half▲ 0.8%€266,307within the sector's middle half▲ 0.4%
Debt€121,209▼ 6.3%€171,844▲ 41.8%€140,279▼ 18.4%€108,096▼ 22.9%€86,687▼ 19.8%
Working capital-€23,541within the sector's middle half▲ 24.1%-€54,120below the sector's middle half▼ 130%-€76,654below the sector's middle half▼ 41.6%-€78,421below the sector's middle half▼ 2.3%-€71,222below the sector's middle half▲ 9.2%
Solvency38.8%within the sector's middle half▲ 7.8pp36.1%within the sector's middle half▼ 2.7pp46.7%within the sector's middle half▲ 10.6pp59.2%within the sector's middle half▲ 12.6pp67.4%within the sector's middle half▲ 8.2pp
Current ratio0.57below the sector's middle half▲ 0.250.33below the sector's middle half▼ 0.240.16below the sector's middle half▼ 0.170.18below the sector's middle half▲ 0.020.18below the sector's middle half=
Return on assets (ROA)24.6%above the sector's middle half▲ 5.8pp18.6%within the sector's middle half▼ 6.0pp20.1%within the sector's middle half▲ 1.4pp23.1%within the sector's middle half▲ 3.0pp18.6%within the sector's middle half▼ 4.5pp
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 2025; 2025 is 27% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266,307
Fixed assets
€250,843 ▲ 1.2%
Current assets
€15,464 ▼ 10.6%
Equity and liabilities €266,307
Equity
€179,621 ▲ 14.4%
Debt
€86,687 ▼ 19.8%
Debt's share of the balance-sheet total falls from 40.8% to 32.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
27.6%▼
2024 · 39.0%
Debt ≤ 1 year
€86,687▼
2024 · €95,715
Income taxes
€7,977▼
2024 · €17,384
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,395 | €11,098 | €16,362 | €7,557 | €7,455 | ▼ 1.4% |
| Other operating charges640/8 | €1,441 | €1,390 | €2,498 | €1,548 | €1,876 | ▲ 21.1% |
| Gross operating margin9900 | €73,220 | €77,703 | €93,717 | €89,647 | €67,826 | ▼ 24.3% |
| Operating profit (loss)9901 | €63,384 | €65,215 | €74,857 | €80,542 | €58,495 | ▼ 27.4% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €1,785 | €2,266 | €2,594 | €1,838 | €934 | ▼ 49.1% |
| Recurring financial charges65 | €1,785 | €2,266 | €2,594 | €1,838 | €934 | ▼ 49.1% |
| Profit (loss) for the period before taxes9903 | €61,599 | €62,949 | €72,263 | €78,704 | €57,561 | ▼ 26.9% |
| Income taxes67/77 | €12,856 | €12,832 | €19,440 | €17,384 | €7,977 | ▼ 54.1% |
| Profit (loss) for the period9904 | €48,743 | €50,117 | €52,822 | €61,321 | €49,583 | ▼ 19.1% |
| Profit (loss) for the period to be appropriated9905 | €48,743 | €50,117 | €52,822 | €61,321 | €49,583 | ▼ 19.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €197,987 | €268,738 | €262,995 | €265,133 | €266,307 | ▲ 0.4% |
| Fixed assets21/28 | €166,678 | €241,620 | €248,275 | €247,840 | €250,843 | ▲ 1.2% |
| Tangible fixed assets22/27 | €166,678 | €241,620 | €248,275 | €247,840 | €250,843 | ▲ 1.2% |
| Land and buildings22 | €157,889 | €233,442 | €242,757 | €244,606 | €249,497 | ▲ 2.0% |
| Plant, machinery and equipment23 | €2,935 | €2,107 | €1,278 | €825 | €372 | ▼ 54.9% |
| Furniture and vehicles24 | €5,854 | €6,071 | €4,240 | €2,409 | €974 | ▼ 59.6% |
| Current assets29/58 | €31,309 | €27,118 | €14,720 | €17,293 | €15,464 | ▼ 10.6% |
| Amounts receivable within one year40/41 | €7,144 | €11,897 | €14,720 | €17,293 | €15,039 | ▼ 13.0% |
| Trade receivables40 | €7,144 | €11,033 | €14,720 | €17,293 | €15,039 | ▼ 13.0% |
| Other amounts receivable41 | - | €864 | - | - | - | - |
| Cash at bank and in hand54/58 | €24,165 | €15,221 | - | - | €426 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €197,987 | €268,738 | €262,995 | €265,133 | €266,307 | ▲ 0.4% |
| Equity10/15 | €76,777 | €96,894 | €122,716 | €157,037 | €179,621 | ▲ 14.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €64,300 | €64,300 | €64,300 | €64,300 | €170,000 | ▲ 164% |
| Non-distributable reserves130/1 | €1,300 | €1,300 | €1,300 | €1,300 | - | - |
| Reserves not available under the articles1311 | €1,300 | €1,300 | €1,300 | €1,300 | - | - |
| Distributable reserves133 | €63,000 | €63,000 | €63,000 | €63,000 | €170,000 | ▲ 170% |
| Profit (loss) carried forward14 | €6,277 | €26,394 | €52,216 | €86,537 | €3,421 | ▼ 96.0% |
| Amounts payable17/49 | €121,209 | €171,844 | €140,279 | €108,096 | €86,687 | ▼ 19.8% |
| Amounts payable after more than one year17 | €66,360 | €90,605 | €48,905 | €12,381 | - | - |
| Financial debts170/4 | €66,360 | €90,605 | €48,905 | €12,381 | - | - |
| Amounts payable within one year42/48 | €54,850 | €81,239 | €91,374 | €95,715 | €86,687 | ▼ 9.4% |
| Current portion of amounts payable after more than one year42 | €17,379 | €40,754 | €41,700 | €36,524 | €12,381 | ▼ 66.1% |
| Financial debts43 | - | - | €4,018 | €111 | €2,500 | ▲ 2,154% |
| Credit institutions430/8 | - | - | €4,018 | €111 | - | - |
| Other loans439 | - | - | - | - | €2,500 | - |
| Trade debts44 | - | €1,681 | €1,644 | €930 | €4,029 | ▲ 333% |
| Suppliers440/4 | - | €1,681 | €1,644 | €930 | €4,029 | ▲ 333% |
| Taxes, remuneration and social security45 | €7,471 | €8,803 | €8,067 | €22,480 | €18,882 | ▼ 16.0% |
| Taxes450/3 | €7,471 | €8,803 | €8,067 | €22,480 | €18,882 | ▼ 16.0% |
| Other amounts payable47/48 | €30,000 | €30,000 | €35,946 | €35,670 | €48,895 | ▲ 37.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,743 | €50,117 | €52,822 | €61,321 | €49,583 | ▼ 19.1% |
| + Depreciation and write-downs630 | €8,395 | €11,098 | €16,362 | €7,557 | €7,455 | ▼ 1.4% |
| Operating cash flow (approximation) | €57,139 | €61,215 | €69,185 | €68,878 | €57,038 | ▼ 17.2% |
| Investment in fixed assets (approximation) | - | -€86,039 | -€23,018 | -€7,121 | -€10,458 | ▼ 46.9% |
| Change in cash | - | -€8,944 | - | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €61,321 ▲16.1%
Operating result €80,542, net result €61,321, both a record.
31-12
Financial
Equity above €150,000Eq €157,037 ▲28%
7 profitable years in a row build equity to €157,037.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €122,716 ▲26.7%
6 profitable years in a row build equity to €122,716.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Zwevegem · 1 establishment unit since 2011
Ground area
906 m²
Building footprint
86 m²
Volume, LiDAR
484 m³
Parcel 34014B1479/00H000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stijn Streuvelsstraat(H) 24, 8551 Zwevegem
since 20112.202.788.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34014B1479/00H000 | Flanders | 906 m² | 1 · 86 m² | 6.0 m · 2 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 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,505 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
Founded30-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839823525
Also
9925:BE0839823525
Registered
11-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.