JIBI
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 10-03-2026 PDF all 26 filings
Turnover
≈ €130,000
Estimated: probably between €59,000 and €310,000
Total assets
€269,401▲ 0.7%
2024 · €267,516
Net result
€4,987▲ 125×
2024 · €40
Working capital
-€137,487▲ 5.4%
2024 · -€145,317
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€13,496
▲ 80.9%
2025
20192025
Net result
€4,987
▲ 125×
2025
20192025
Equity
€126,179
▲ 4.1%
2025
20192025
Total assets
€269,401
▲ 0.7%
2025
20192025
Debt
€143,222
▼ 2.1%
2025
20192025
Working capital
-€137,487
▲ 5.4%
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€10,154-€9,963▼ 1.9%-€7,298€7,380€70,301▲ 853%€7,460▼ 89.4%€13,496▲ 80.9%
Net result€712-€169▼ 76.3%-€20,643€1,516€62,911▲ 41×€40▼ 99.9%€4,987▲ 125×
Equity€77,199-€77,368▲ 0.2%€56,725▼ 26.7%€58,241▲ 2.7%€121,152▲ 108%€121,192=€126,179▲ 4.1%
Total assets€501,183-€487,637▼ 2.7%€472,248▼ 3.2%€463,535▼ 1.8%€336,351▼ 27.4%€267,516▼ 20.5%€269,401▲ 0.7%
Debt€423,984-€410,269▼ 3.2%€415,523▲ 1.3%€405,294▼ 2.5%€215,199▼ 46.9%€146,324▼ 32.0%€143,222▼ 2.1%
Working capital-€287,854--€281,609▲ 2.2%-€296,653▼ 5.3%-€296,165▲ 0.2%-€148,200▲ 50.0%-€145,317▲ 1.9%-€137,487▲ 5.4%
The operating result for 2025 is 81% higher than in 2024. It is a recovery after the fall in 2024.
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
2025 in colour, 2024 as the grey bar beneath
Assets €269,401
Fixed assets
€263,666 ▼ 1.1%
Current assets
€5,735 ▲ 470%
Equity and liabilities €269,401
Equity
€126,179 ▲ 4.1%
Debt
€143,222 ▼ 2.1%
Debt's share of the balance-sheet total falls from 54.7% to 53.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16,339▲
2024 · €10,303
Cash flow
€7,830▲
2024 · €2,883
Current ratio
0.04▲
2024 · 0.01
Debt to equity
1.14▼
2024 · 1.21
ROE
4.0%▲
2024 · 0.0%
ROA
1.9%▲
2024 · 0.0%
Interest coverage
2.44▲
2024 · 1.39
Debt ≤ 1 year
€143,222▼
2024 · €146,324
Income taxes
€1,815▲
2024 · €26
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,093 | €15,092 | €15,093 | €8,968 | €2,843 | €2,843 | €2,843 | = |
| Other operating charges640/8 | - | - | - | €3,458 | €7,525 | €885 | €528 | ▼ 40.3% |
| Gross operating margin9900 | €31,292 | €25,670 | €11,842 | €19,806 | €80,669 | €11,188 | €16,867 | ▲ 50.8% |
| Operating profit (loss)9901 | €10,154 | €9,963 | -€7,298 | €7,380 | €70,301 | €7,460 | €13,496 | ▲ 80.9% |
| Financial charges65/66B | - | - | - | €5,864 | €5,538 | €7,394 | €6,694 | ▼ 9.5% |
| Recurring financial charges65 | €9,442 | €9,794 | €13,345 | €5,864 | €5,538 | €7,394 | €6,694 | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €712 | €169 | -€20,643 | €1,516 | €64,763 | €66 | €6,802 | ▲ 103× |
| Income taxes67/77 | - | - | - | - | €1,852 | €26 | €1,815 | ▲ 70× |
| Profit (loss) for the period9904 | €712 | €169 | -€20,643 | €1,516 | €62,911 | €40 | €4,987 | ▲ 125× |
| Profit (loss) for the period to be appropriated9905 | €712 | €169 | -€20,643 | €1,516 | €62,911 | €40 | €4,987 | ▲ 125× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €501,183 | €487,637 | €472,248 | €463,535 | €336,351 | €267,516 | €269,401 | ▲ 0.7% |
| Fixed assets21/28 | €497,722 | €482,630 | €467,537 | €458,569 | €269,352 | €266,509 | €263,666 | ▼ 1.1% |
| Tangible fixed assets22/27 | €497,722 | €482,630 | €467,537 | €458,569 | €269,352 | €266,509 | €263,666 | ▼ 1.1% |
| Land and buildings22 | - | - | - | €254,613 | €65,395 | €62,552 | €59,709 | ▼ 4.5% |
| Other tangible fixed assets26 | - | - | - | €203,956 | €203,957 | €203,957 | €203,957 | = |
| Current assets29/58 | €3,461 | €5,007 | €4,711 | €4,966 | €66,999 | €1,007 | €5,735 | ▲ 470% |
| Cash at bank and in hand54/58 | €3,461 | €5,007 | €4,711 | €1,378 | €66,999 | €1,007 | €5,735 | ▲ 470% |
| Deferred charges and accrued income490/1 | - | - | - | €3,588 | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €501,183 | €487,637 | €472,248 | €463,535 | €336,351 | €267,516 | €269,401 | ▲ 0.7% |
| Equity10/15 | €77,199 | €77,368 | €56,725 | €58,241 | €121,152 | €121,192 | €126,179 | ▲ 4.1% |
| Contributions10/11 | €77,000 | €77,000 | €77,000 | €77,000 | €77,000 | €77,000 | €77,000 | = |
| Capital10 | - | - | - | €77,000 | €77,000 | €77,000 | €77,000 | = |
| Issued capital100 | - | - | - | €77,000 | €77,000 | €77,000 | €77,000 | = |
| Reserves13 | €7,700 | €7,700 | €7,700 | €7,700 | €44,152 | €44,192 | €49,179 | ▲ 11.3% |
| Non-distributable reserves130/1 | - | - | - | €7,700 | €7,700 | €7,700 | €7,700 | = |
| Legal reserve130 | - | - | - | €7,700 | €7,700 | €7,700 | €7,700 | = |
| Distributable reserves133 | - | - | - | - | €36,452 | €36,492 | €41,479 | ▲ 13.7% |
| Profit (loss) carried forward14 | -€7,501 | -€7,332 | -€27,975 | -€26,459 | - | - | - | - |
| Amounts payable17/49 | €423,984 | €410,269 | €415,523 | €405,294 | €215,199 | €146,324 | €143,222 | ▼ 2.1% |
| Amounts payable after more than one year17 | €132,669 | €123,653 | €114,159 | €104,163 | - | - | - | - |
| Financial debts170/4 | - | - | - | €104,163 | - | - | - | - |
| Amounts payable within one year42/48 | €291,315 | €286,616 | €301,364 | €301,131 | €215,199 | €146,324 | €143,222 | ▼ 2.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,996 | - | €1,453 | - | - |
| Financial debts43 | - | - | - | €152,000 | €142,500 | €123,500 | €114,000 | ▼ 7.7% |
| Credit institutions430/8 | - | - | - | €152,000 | €142,500 | €123,500 | €114,000 | ▼ 7.7% |
| Trade debts44 | €6,622 | €4,010 | €4,010 | €4,369 | €345 | €1,882 | €537 | ▼ 71.5% |
| Suppliers440/4 | - | - | - | €4,369 | €345 | €1,882 | €537 | ▼ 71.5% |
| Taxes, remuneration and social security45 | - | - | - | - | €1,851 | €26 | €1,815 | ▲ 70× |
| Taxes450/3 | - | - | - | - | €1,851 | €26 | €1,815 | ▲ 70× |
| Other amounts payable47/48 | - | - | - | €134,766 | €70,503 | €19,463 | €26,870 | ▲ 38.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €712 | €169 | -€20,643 | €1,516 | €62,911 | €40 | €4,987 | ▲ 125× |
| + Depreciation and write-downs630 | €15,093 | €15,092 | €15,093 | €8,968 | €2,843 | €2,843 | €2,843 | = |
| Operating cash flow (approximation) | €15,805 | €15,261 | -€5,550 | €10,484 | €65,754 | €2,883 | €7,830 | ▲ 172% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €186,374 | €0 | €0 | - |
| Change in cash | - | €1,546 | -€296 | -€3,333 | €65,621 | -€65,992 | €4,728 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as JIBI has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JIBI itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for JIBI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 10-03-2026 | 2026-00051508 | |
| 30-09-2024 | micro format | 25-02-2025 | 2025-00038659 | |
| 30-09-2023 | micro format | 07-03-2024 | 2024-00040662 | |
| 30-09-2022 | micro format | 13-03-2023 | 2023-00038572 | |
| 30-09-2021 | micro format | 25-03-2022 | 2022-08500238 | |
| 30-09-2020 | micro format | 22-03-2021 | 2021-08000052 | |
| 30-09-2019 | micro format | 23-03-2020 | 2020-07100575 | |
| 30-09-2018 | micro format | 21-03-2019 | 2019-07400290 | |
| 30-09-2017 | abbreviated format | 14-03-2018 | 2018-06700360 | |
| 30-09-2016 | abbreviated format | 22-03-2017 | 2017-06800084 |