JI SOLUTIONS
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed 5 days after the deadline Filed on 5 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00358160.
Annual accounts 2024 filed on 05-08-2025 PDF all 2 filings
Turnover
≈ €130,000
Estimated: probably between €100,000 and €170,000
Total assets
€117,852▲ 8.8%
2023 · €108,345
Net result
€16,641▲ 6.6%
2023 · €15,606
Working capital
€20,827▲ 547%
2023 · €3,218
Multi-year overview
2023 to 2024, 2 financial yearsOperating result
€24,650
▲ 17.8%
2024
20232024
Net result
€16,641
▲ 6.6%
2024
middle half of the sector
20232024
Equity
€33,746
▲ 97.3%
2024
middle half of the sector
20232024
Total assets
€117,852
▲ 8.8%
2024
middle half of the sector
20232024
Debt
€84,106
▼ 7.8%
2024
20232024
Working capital
€20,827
▲ 547%
2024
middle half of the sector
20232024
Solvency
28.6%
▲ 12.8pp
2024
lowest quarter of the sector
20232024
Current ratio
1.38
▲ 0.32
2024
middle half of the sector
20232024
Return on assets (ROA)
14.1%
▼ 0.3pp
2024
middle half of the sector
20232024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Operating result€20,927-€24,650▲ 17.8%
Net result€15,606within the sector's middle half-€16,641within the sector's middle half▲ 6.6%
Equity€17,106below the sector's middle half-€33,746within the sector's middle half▲ 97.3%
Total assets€108,345within the sector's middle half-€117,852within the sector's middle half▲ 8.8%
Debt€91,239-€84,106▼ 7.8%
Working capital€3,218below the sector's middle half-€20,827within the sector's middle half▲ 547%
Solvency15.8%below the sector's middle half-28.6%below the sector's middle half▲ 12.8pp
Current ratio1.06below the sector's middle half-1.38within the sector's middle half▲ 0.32
Return on assets (ROA)14.4%within the sector's middle half-14.1%within the sector's middle half▼ 0.3pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 18% higher than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €117,852
Fixed assets
€42,500 ▼ 20.2%
Current assets
€75,352 ▲ 36.8%
Equity and liabilities €117,852
Equity
€33,746 ▲ 97.3%
Debt
€84,106 ▼ 7.8%
Debt's share of the balance-sheet total falls from 84.2% to 71.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37,009▲
2023 · €24,751
Cash flow
€28,999▲
2023 · €19,429
Debt to equity
2.49▼
2023 · 5.33
ROE
49.3%▼
2023 · 91.2%
Interest coverage
13.37▼
2023 · 20.39
Debt ≤ 1 year
€54,525▲
2023 · €51,866
Debt > 1 year
€29,581▼
2023 · €39,373
Income taxes
€6,984▲
2023 · €4,108
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €57,085 | €1,598 |
| Depreciation and write-downs of the year | €3,823 | €12,359 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,823 | €12,359 | ▲ 223% |
| Other operating charges640/8 | €950 | €1,075 | ▲ 13.1% |
| Gross operating margin9900 | €25,701 | €38,084 | ▲ 48.2% |
| Operating profit (loss)9901 | €20,927 | €24,650 | ▲ 17.8% |
| Financial income75/76B | - | €1,744 | - |
| Recurring financial income75 | - | €1,744 | - |
| Financial charges65/66B | €1,214 | €2,769 | ▲ 128% |
| Recurring financial charges65 | €1,214 | €2,769 | ▲ 128% |
| Profit (loss) for the period before taxes9903 | €19,713 | €23,625 | ▲ 19.8% |
| Income taxes67/77 | €4,108 | €6,984 | ▲ 70.0% |
| Profit (loss) for the period9904 | €15,606 | €16,641 | ▲ 6.6% |
| Profit (loss) for the period to be appropriated9905 | €15,606 | €16,641 | ▲ 6.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €108,345 | €117,852 | ▲ 8.8% |
| Fixed assets21/28 | €53,261 | €42,500 | ▼ 20.2% |
| Tangible fixed assets22/27 | €53,261 | €42,500 | ▼ 20.2% |
| Furniture and vehicles24 | €4,503 | €4,242 | ▼ 5.8% |
| Leasing and similar rights25 | €48,758 | €38,259 | ▼ 21.5% |
| Current assets29/58 | €55,083 | €75,352 | ▲ 36.8% |
| Amounts receivable within one year40/41 | €53,613 | €49,279 | ▼ 8.1% |
| Trade receivables40 | €40,701 | €4,640 | ▼ 88.6% |
| Other amounts receivable41 | €12,912 | €44,639 | ▲ 246% |
| Cash at bank and in hand54/58 | €1,471 | €26,073 | ▲ 18× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €108,345 | €117,852 | ▲ 8.8% |
| Equity10/15 | €17,106 | €33,746 | ▲ 97.3% |
| Contributions10/11 | €1,500 | €1,500 | = |
| Contributions outside capital11 | €1,500 | - | - |
| Other1109/19 | €1,500 | - | - |
| Reserves13 | €15,606 | €32,246 | ▲ 107% |
| Distributable reserves133 | €15,606 | €32,246 | ▲ 107% |
| Amounts payable17/49 | €91,239 | €84,106 | ▼ 7.8% |
| Amounts payable after more than one year17 | €39,373 | €29,581 | ▼ 24.9% |
| Financial debts170/4 | €39,373 | €29,581 | ▼ 24.9% |
| Amounts payable within one year42/48 | €51,866 | €54,525 | ▲ 5.1% |
| Current portion of amounts payable after more than one year42 | €9,353 | €10,588 | ▲ 13.2% |
| Trade debts44 | €19,061 | €24,705 | ▲ 29.6% |
| Suppliers440/4 | €19,061 | €24,705 | ▲ 29.6% |
| Advances received on contracts in progress46 | €14,520 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €8,932 | €19,231 | ▲ 115% |
| Taxes450/3 | €5,682 | €19,231 | ▲ 238% |
| Remuneration and social security454/9 | €3,250 | €0 | ▼ 100% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,606 | €16,641 | ▲ 6.6% |
| + Depreciation and write-downs630 | €3,823 | €12,359 | ▲ 223% |
| Operating cash flow (approximation) | €19,429 | €28,999 | ▲ 49.3% |
| Investment in fixed assets (approximation) | - | -€1,598 | - |
| Change in cash | - | €24,602 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.