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JGK CONSULT

Open bankruptcy
Private limited company (pre-2019)founded 2003François-Joseph Navezstraat 165, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0480.657.170

A bankruptcy procedure is open for JGK CONSULT according to publications in the Belgian State Gazette; curator: CHRISTOPHE CHARDON.

Summary

The 2021 annual accounts show negative equity (€-91k) and a net result of €-54k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Turnover
€155k▲ 66.0%
2020 · €93k
2019: €260k 2020: €93k
2019 → 2021
EBIT margin
-45.3%▲ 36.8pp
2020 · -82.1%
2019: 2.8% 2020: -82.1%
2019 → 2021
Net result
€-54k▲ 30.4%
2020 · €-77k
2019: €6k 2020: €-77k
2019 → 2021
Working capital
€-91k▼ 143%
2020 · €-38k
2019: €27k 2020: €-38k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201920202021Trend
Turnover€260k-€93k▼ 64.0%€155k▲ 66.0%
Equity€27k-€-37k€-91k▼ 144%
Operating result€7k-€-77k€-70k▲ 8.4%
Net result€6k-€-77k€-54k▲ 30.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-75k€-50k€-25k€0Operating result 2019: €7k€7kNet result 2019: €6k€6kOperating result 2020: €-77k€-77kNet result 2020: €-77k€-77kOperating result 2021: €-70k€-70kNet result 2021: €-54k€-54k201920202021€-100k€-75k€-50k€-25k€0Operating result 2019: €7k€7.4kNet result 2019: €6k€5.9kOperating result 2020: €-77k€-77kNet result 2020: €-77k€-77kOperating result 2021: €-70k€-70kNet result 2021: €-54k€-54k201920202021
The operating result stays negative: a loss of €70k in 2021 against €77k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €20k
Fixed assets €849 ▲ 43.2%
Current assets €19k ▲ 15,472%
Key figures and ratios
2021 value · change against 2020
EBITDA
€-70k
2020 · €-76k
Cash flow
€-53k
2020 · €-76k
Solvency
-445.4%
Current ratio
0.18
Debt to equity
-1.22
ROA
-263.0%
Interest coverage
-28.70
Debt
€111k
2020 · €38k
Debt ≤ 1 year
€111k
2020 · €38k
Income taxes
€5k
Staff costs
€8k
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 · 2021 against 2020 · 44 lines
Balance sheet Code20202021
Assets
Total assets20/58€718€20k
Fixed assets21/28€593€849
Tangible fixed assets22/27€593€849
Furniture and vehicles24-€849
Current assets29/58€125€19k
Amounts receivable within one year40/41-€18k
Other amounts receivable41-€18k
Cash at bank and in hand54/58€70€615
Deferred charges and accrued income490/1-€485
Equity and liabilities
Total equity and liabilities10/49€718€20k
Equity10/15€-37k€-91k
Contributions10/11€20k€20k=
Capital10-€20k
Issued capital100-€20k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€-59k€-113k
Amounts payable17/49€38k€111k
Amounts payable within one year42/48€38k€111k
Trade debts44€2k€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45-€25k
Taxes450/3-€2k
Remuneration and social security454/9-€24k
Other amounts payable47/48-€84k
Income statement Code20202021
Turnover70€93k€155k
Goods, raw materials, services and sundry goods60/61-€217k
Remuneration, social security and pensions62-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€708
Other operating charges640/8-€6k
Gross operating margin9900€-58k€-56k
Operating profit (loss)9901€-77k€-70k
Financial income75/76B-€24k
Recurring financial income75-€1
Non-recurring financial income76B-€24k
Financial charges65/66B-€2k
Recurring financial charges65€192€2k
Profit (loss) for the period before taxes9903€-77k€-49k
Income taxes67/77-€5k
Profit (loss) for the period9904€-77k€-54k
Profit (loss) for the period to be appropriated9905€-77k€-54k
Appropriation of the result
Profit (loss) to be appropriated9906-€-113k
Profit (loss) brought forward from the previous period14P-€-59k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
09-04
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL JGK CONSULT RUE FRANCOIS- JOSEPH NAVEZ 165, 1030 Schaerbeek · event 31-03-2025
2023
11-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 223 days late
2021
22-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 83 days late
05-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 217 days late
2020
31-12
Financial Weakest financial yearnet €-77k ▼1401%
Net result drops to €-77k, the lowest in the series.
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
21-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 21 days late
2012
30-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 30 days late
2011
10-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Schaarbeek · 1 establishment unit since 2004
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

François-Joseph Navezstraat 1651030 Schaarbeek
Ground area
242 m²
Building footprint
180 m²
Volume, LiDAR
3,191 m³
Parcel 21015A0536/00Z000, Brussels · tallest building 23.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Hotel Potiniere
François-Joseph Navezstraat 165, 1030 SchaarbeekHotels and similar accommodation
since 20042.134.716.414
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21015A0536/00Z000 Brussels 242 m² 1 · 180 m² 23.3 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHRISTOPHE CHARDON
AVENUE DU CENTE- NAIRE 120, 1400 NIVELLES
31-03-2025present

Similar companies · same sector, comparable size

Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 756 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded05-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.