JHELUM

Active

Private limited companyfounded 20197 yrs activeSint-Katelijnevest 49A, 2000 Antwerpen, BelgiumKBO/BCE: BE 0729.743.569

The computed 12-month bankruptcy probability of JHELUM is 5.2% (elevated). The 2024 annual accounts show equity of €10k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 18942 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

38 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability71▼-8

Solvency30▲+1

Growth58=

Track record100

Bankruptcy probability, 12 months

5.2% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity tight (current ratio 1.14 against 0.9 in 2023; short-term debt: 79.2% and cash: 7.3% of total assets), and 95.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

4.5%

Return on assets

1.7%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-03-2026, 236 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

236 d late

2023

597 d late

2022

100 d late

2021

236 d late

2020

264 d late

← before the deadline after the deadline →

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 2024, micro schema

Equity

€10k▲ 62.1%

2023 · €6k

2020: €10k 2021: €673 2022: €-6k 2023: €6k

2020 → 2024

Total assets

€216k▲ 38.9%

2023 · €156k

2020: €14k 2021: €32k 2022: €112k 2023: €156k

2020 → 2024

Net result

€4k▼ 70.0%

2023 · €13k

2020: €-5k 2021: €-9k 2022: €-7k 2023: €13k

2020 → 2024

Working capital

€24k

2023 · €-16k

2020: €10k 2021: €-10k 2022: €-2k 2023: €-16k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€10k-€673▼ 93.4%€-6k€6k€10k▲ 62.1%

Operating result€-5k-€-9k▼ 97.8%€-3k▲ 61.5%€28k€36k▲ 30.3%

Net result€-5k-€-9k▼ 96.6%€-7k▲ 24.7%€13k€4k▼ 70.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 30% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €216k

10%

90.3%

Fixed assets €21k▼ 3.5%

Current assets €195k▲ 45.8%

Equity and liabilities €216k

12.8%

82.6%

Equity €10k▲ 62.1%

Provisions €28k

Debt €179k▲ 19.4%

The debt ratio falls from 96.1% to 82.6%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€39k▲

2023 · €30k

Cash flow

€7k▼

2023 · €15k

Solvency

4.5%▲

2023 · 3.9%

Current ratio

1.14▲

2023 · 0.90

Quick ratio

1.11▲

2023 · 0.87

Debt / equity

18.22▼

2023 · 24.73

ROE

38.3%▼

2023 · 207.1%

ROA

1.7%▼

2023 · 8.0%

Interest coverage

8.38▼

2023 · 11.70

Debt

€179k▲

2023 · €150k

Debt ≤ 1 year

€171k▲

2023 · €150k

Income taxes

€2k▼

2023 · €14k

Staff costs

€55k▼

2023 · €67k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€156k€216k▲

Fixed assets21/28€22k€21k▼

Tangible fixed assets22/27€19k€18k▼

Plant, machinery and equipment23€253€161▼

Furniture and vehicles24€889€512▼

Other tangible fixed assets26€17k€17k▼

Financial fixed assets28€3k€3k=

Current assets29/58€134k€195k▲

Stocks and contracts in progress3€4k€6k▲

Stocks30/36€4k€6k▲

Amounts receivable within one year40/41€116k€174k▲

Trade receivables40€83k€115k▲

Other amounts receivable41€33k€59k▲

Cash at bank and in hand54/58€14k€16k▲

Equity and liabilities

Total equity and liabilities10/49€156k€216k▲

Equity10/15€6k€10k▲

Contributions10/11€15k€15k=

Profit (loss) carried forward14€-9k€-5k▲

Provisions and deferred taxes16-€28k

Provisions for liabilities and charges160/5-€28k

Other liabilities and charges164/5-€28k

Amounts payable17/49€150k€179k▲

Amounts payable within one year42/48€150k€171k▲

Current portion of amounts payable after more than one year42€9k€8k▼

Trade debts44€76k€101k▲

Suppliers440/4€76k€101k▲

Taxes, remuneration and social security45€37k€40k▲

Taxes450/3€27k€33k▲

Remuneration and social security454/9€10k€7k▼

Other amounts payable47/48€28k€22k▼

Accrued charges and deferred income492/3-€8k

Income statement Code20232024

Remuneration, social security and pensions62€67k€55k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲

Other operating charges640/8€2k€978▼

Gross operating margin9900€99k€95k▼

Operating profit (loss)9901€28k€36k▲

Financial income75/76B€2k€2k▲

Recurring financial income75€2k€2k▲

Financial charges65/66B€3k€32k▲

Recurring financial charges65€3k€5k▲

Non-recurring financial charges66B-€28k

Profit (loss) for the period before taxes9903€27k€6k▼

Income taxes67/77€14k€2k▼

Profit (loss) for the period9904€13k€4k▼

Profit (loss) for the period to be appropriated9905€13k€4k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-5k▲

Profit (loss) brought forward from the previous period14P€-21k€-9k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2026

24-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 236 days late

20-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 597 days late

2023

31-12

Financial Back to profitnet €13k

Net result €13k after 3 loss-making years.

08-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 100 days late

24-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 236 days late

2022

21-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 264 days late

2021

31-12

Financial Weakest financial yearnet €-9k

Net result drops to €-9k, the lowest in the series; recovery starts the following year.

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Antwerpen · 2 establishment units since 2019

establishment All 2 establishment units 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.

Sint-Katelijnevest 49A2000 Antwerpen

Ground area

176 m²

Building footprint

142 m²

Volume, LiDAR

2,075 m³

2 parcels, Brussels, Flanders · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

BOBACLUB

Sint-Katelijnevest 49A, 2000 AntwerpenCafés and bars

since 20192.316.969.021

BOBACLUB

Wolvengracht 29, 1000 BrusselCafés and bars

since 20232.348.611.114

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21802B0907/00B000	Brussels	99 m²	1 · 70 m²	19.3 m · 4 fl.
11803C1568/00D000	Flanders	77 m²	1 · 71 m²	18.1 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid

Year	Entries	awarded	paid
2023	1	2,000 EUR	2,000 EUR

Schemes

Hinderpremie bij openbare werken

1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Antwerpen2.316.969.021

1 permission

Toelating · Eetgelegenheid · since 27-08-2024

Similar companies · same sector, comparable size

Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,495 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-07-2019

Fiscal year end31-12

Activities, NACEBEL

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.