Payment terms
10 days to suppliers
JIH pays its suppliers 25 days earlier than in 2023. Customers pay 26 days earlier.
JIH
Lifetime
9 annual accounts with figures on one time axispeak €46,877 (2018)
€27,929▼ 27.0%
lowest -€37,453 (2020)
€3,999▼ 83.1%
peak €46,172 (2024)
€46,172▲ 9.5%
€8,366▼ 79.2%
peak 0.3 FTE (2015)
-not published
Board4 names since 2021
1 directorXHEVATI Ardit
Documentsfilings and deeds
15-04-2025107 days before the deadline
2024micro format
Address struck 25-10Turnover from €172,892 to €193,856Gross margin from €38,243 to €27,929Result from €23,696 to €3,999Address strikeout annulled 29-11Resignation: EVCIL Jacob (director) 02-09
Key points
from the 2024 annual accountsChecked score
56
Fair
Financially stronger than 72% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.8%▲ +0.1 percentage points vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.9%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%▼ -0.8 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.0%▼ -0.1 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.1%▲ +0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.5%▲ +0.3 percentage points vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 0.7%▼ -0.8 percentage points vs 06-2026lowest value
08-2026: 1.3%▲ +0.6 percentage points vs 07-2026
09-2026: 1.5%▲ +0.2 percentage points vs 08-2026
10-2026: 2.4%▲ +0.9 percentage points vs 09-2026highest value
11-2026: 1.9%▼ -0.5 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 16-04-2025)
Size: turnover €193,856, total assets €54,539
lowers risk
Liquidity: current ratio 2.79, cash €15,141
Founded in 2015
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 85% on liquidity, 49% on profitability and 64% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as JIH has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of JIH itself is higher: 1.9% within 12 months. It rests on far more data about JIH than the profile alone.
Test of the method
The method was tested on the 497,448 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 34,693 companies, not a prediction for JIH. 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.
Credit verdict
Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.79 (1.02 in 2023), above the usual 1.5. Short-term debt is 15.3% and cash 27.8% of total assets. 15.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 9 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-04-2025, 107 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
107 days early
2023
27 days late
2022
29 days late
2021
29 days late
2020
143 days late
2019
67 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 31 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0598845039
Resignation: XHEVATI Ardit (director)
Appointment: AHMETAJ Ermir (director) · General meeting of 15-03-2025 · Gazette deed
Address strikeout annulled
KBO administration
Address struck
effective 04-08-2024 · KBO administration
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JIH Brussels | €193,856 | 3.5% | 84.7% | - |
| PARLAKER Lokeren | - | - | 16.2% | - |
| AUTODESIGN Châtelet | - | - | -172.5% | - |
| ABBAS CARS Lokeren | €386,391 | 6.2% | 96.4% | - |
| SLJ Concept Villers-la-Ville | - | - | -33.6% | - |
| GARAGE CARROSSERIE LAEKEN Brussels | - | - | 66.5% | - |
| GARAGE ANDALOUSSI Jette | - | - | 35.7% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as JIH: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €39,200 and €71,300, founded between 2013 and 2018.
Official details
Source: KBO- Status
- Active since 20-02-2015Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 2 others
- Establishment unit
- 2.240.818.2791020 Brussels, since 01-05-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 05-02-2026
Insights on JIH
JIH files the micro format. That format states no turnover. The gross margin rose from -€1,404 in 2015 to €27,929 in 2024.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JIH
- What is the company number of JIH?
- The company number of JIH is 0598.845.039. The VAT number is the same number with BE in front: BE 0598.845.039.
- Where is JIH based?
- The registered office is at Houba de Strooperlaan 75, 1020 Brussels.Company details
- What does JIH do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of JIH?
- JIH is a private limited company (BV).
- When was JIH founded?
- JIH was founded on 20-02-2015.
- Is JIH still active?
- Yes, JIH is an active enterprise in the KBO register.
- What is the turnover of JIH?
- The turnover of JIH was €193,856 in financial year 2024, according to the filed annual accounts.Financials
- Is JIH profitable?
- In financial year 2024, JIH made a profit of €3,999.
- Where can I find the annual accounts of JIH?
- JIH filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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