JIA JUGARIU CONSTRUCT
InactiveJIA JUGARIU CONSTRUCT was declared bankrupt on 18-04-2023 (Ondernemingsrechtbank Brussel); according to the publications in the Belgian State Gazette the procedure is no longer open (latest notice 10-07-2025).
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline20-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 15-05-2024, 289 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
289 d late
2021
225 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€71k▲ 47.1%
2021 · €48k
2021: €48k
2021 → 2022
Total assets
€382k▲ 96.4%
2021 · €194k
2021: €194k
2021 → 2022
Net result
€23k▼ 52.9%
2021 · €48k
2021: €48k
2021 → 2022
Working capital
€15k
2021 · €-1k
2021: €-1k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€48k-€71k▲ 47.1%
Operating result€65k-€33k▼ 49.7%
Net result€48k-€23k▼ 52.9%
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 2022; 2022 is 50% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €382k
Fixed assets
€100k▼ 0.9%
Current assets
€282k▲ 202%
Equity and liabilities €382k
Equity
€71k▲ 47.1%
Debt
€311k▲ 113%
The debt ratio rises from 75.1% to 81.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▼
2021 · €74k
Cash flow
€51k▼
2021 · €58k
Solvency
18.7%▼
2021 · 24.9%
Current ratio
1.06▲
2021 · 0.99
Quick ratio
1.06▲
2021 · 0.99
Debt / equity
4.36▲
2021 · 3.01
ROE
32.0%▼
2021 · 100.0%
ROA
6.0%▼
2021 · 24.9%
Interest coverage
14.53▼
2021 · 27.59
Debt
€311k▲
2021 · €146k
Debt ≤ 1 year
€267k▲
2021 · €94k
Debt > 1 year
€44k▼
2021 · €52k
Income taxes
€6k▼
2021 · €14k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€194k€382k▲
Fixed assets21/28€101k€100k▼
Tangible fixed assets22/27€101k€100k▼
Plant, machinery and equipment23€11k€19k▲
Furniture and vehicles24€18k€15k▼
Leasing and similar rights25€72k€66k▼
Financial fixed assets28€175€175=
Current assets29/58€93k€282k▲
Amounts receivable within one year40/41€46k€244k▲
Trade receivables40€22k€237k▲
Other amounts receivable41€24k€6k▼
Cash at bank and in hand54/58€46k€18k▼
Deferred charges and accrued income490/1€1k€19k▲
Equity and liabilities
Total equity and liabilities10/49€194k€382k▲
Equity10/15€48k€71k▲
Profit (loss) carried forward14€48k€71k▲
Amounts payable17/49€146k€311k▲
Amounts payable after more than one year17€52k€44k▼
Financial debts170/4€52k€44k▼
Amounts payable within one year42/48€94k€267k▲
Current portion of amounts payable after more than one year42€13k€16k▲
Trade debts44€66k€227k▲
Suppliers440/4€66k€227k▲
Advances received on contracts in progress46€413€413=
Taxes, remuneration and social security45€14k€22k▲
Taxes450/3€14k€22k▲
Other amounts payable47/48€952€955▲
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€28k▲
Other operating charges640/8€446€574▲
Gross operating margin9900€75k€61k▼
Operating profit (loss)9901€65k€33k▼
Financial income75/76B€93€77▼
Recurring financial income75€93€77▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€62k€29k▼
Income taxes67/77€14k€6k▼
Profit (loss) for the period9904€48k€23k▼
Profit (loss) for the period to be appropriated9905€48k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€71k▲
Profit (loss) brought forward from the previous period14P-€48k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: JIA JUGARIU CONSTRUCT SRL- BRUSSELSESTEENWEG 338, 1785 MERCHTEM
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 289 days late
2023
28-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · JIA JUGARIU CONSTRUCT BV BRUSSELSESTEENWEG 338, 1785 MERCHTEM · event 18-04-2023
13-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 225 days late
SignalNBB filing
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS LUCHTHAVENLAAN 27 BUS 38,
1800 VILVOORDE |
18-04-2023 → present |