JIH
ActiveSummary
The computed 12-month bankruptcy probability of JIH is 1.6% (moderate). The 2024 annual accounts show equity of €46k and a net result of €4k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 26043 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-31
Solvency100▲+24
Growth53▲+1
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 1.02 in 2023; short-term debt: 15.3% and cash: 27.8% of total assets), and 15.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
84.7%
Return on assets
7.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 confirmed
2024
107 d early
2023
27 d late
2022
29 d late
2021
29 d late
2020
143 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€194k▲ 12.1%
2023 · €173k
2018: €133k
2019: €115k
2020: €38k
2021: €78k
2023: €173k
2018 → 2024
EBIT margin
3.5%▼ 11.4pp
2023 · 15.0%
2018: 26.4%
2019: 2.1%
2020: -99.6%
2021: 49.4%
2023: 15.0%
2018 → 2024
Net result
€4k▼ 83.1%
2023 · €24k
2018: €33k
2019: €2k
2020: €-37k
2021: €38k
2022: €2k
2023: €24k
2018 → 2024
Working capital
€15k▲ 2,083%
2023 · €687
2018: €10k
2019: €13k
2020: €-17k
2021: €10k
2022: €-4k
2023: €687
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€38k-€78k▲ 107%€173k€194k▲ 12.1%
Equity€-21k-€17k€18k▲ 9.4%€42k▲ 128%€46k▲ 9.5%
Operating result€-37k-€38k€2k▼ 93.7%€26k▲ 968%€7k▼ 73.5%
Net result€-37k-€38k€2k▼ 95.8%€24k▲ 1,394%€4k▼ 83.1%
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 2024; 2024 is 73% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€31k ▼ 42.4%
Current assets
€23k ▼ 17.2%
Equity and liabilities €55k
Equity
€46k ▲ 9.5%
Debt
€8k ▼ 79.2%
Debt's share of the balance-sheet total falls from 48.8% to 15.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2023 · €36k
Cash flow
€12k▼
2023 · €34k
Current ratio
2.79▲
2023 · 1.02
Quick ratio
2.02▲
2023 · 1.00
Debt to equity
0.18▼
2023 · 0.95
ROE
8.7%▼
2023 · 56.2%
ROA
7.3%▼
2023 · 28.8%
Interest coverage
7.45▼
2023 · 183.49
Debt ≤ 1 year
€8k▼
2023 · €28k
Income taxes
€906▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€82k€55k▼
Fixed assets21/28€54k€31k▼
Tangible fixed assets22/27€54k€24k▼
Plant, machinery and equipment23€29k€21k▼
Furniture and vehicles24€25k€2k▼
Financial fixed assets28-€8k
Current assets29/58€28k€23k▼
Stocks and contracts in progress3€750€7k▲
Stocks30/36€750€7k▲
Amounts receivable within one year40/41€13k€959▼
Trade receivables40€13k-
Other amounts receivable41-€959
Cash at bank and in hand54/58€13k€15k▲
Deferred charges and accrued income490/1€765€765=
Equity and liabilities
Total equity and liabilities10/49€82k€55k▼
Equity10/15€42k€46k▲
Contributions10/11€8k€8k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€32k€36k▲
Amounts payable17/49€40k€8k▼
Amounts payable after more than one year17€13k-
Financial debts170/4€13k-
Amounts payable within one year42/48€28k€8k▼
Current portion of amounts payable after more than one year42€6k-
Trade debts44€14k€5k▼
Suppliers440/4€14k€5k▼
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€2k-
Income statement
Code20232024
Turnover70€173k€194k▲
Non-recurring operating income76A-€1
Goods, raw materials, services and sundry goods60/61€149k€170k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€8k▼
Other operating charges640/8€2k€13k▲
Gross operating margin9900€38k€28k▼
Operating profit (loss)9901€26k€7k▼
Financial income75/76B€3€2▼
Recurring financial income75€3€2▼
Financial charges65/66B€199€2k▲
Recurring financial charges65€199€2k▲
Profit (loss) for the period before taxes9903€26k€5k▼
Income taxes67/77€2k€906▼
Profit (loss) for the period9904€24k€4k▼
Profit (loss) for the period to be appropriated9905€24k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€36k▲
Profit (loss) brought forward from the previous period14P€8k€32k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 2.79
Current ratio from 1.02 to 2.79; short-term debt falls from €28k to €8k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Liquidity times 26current ratio 4.31
Current ratio from 0.17 to 4.31; short-term debt falls from €21k to €3k.
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 143 days late
2020
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 117 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Brussel · 1 establishment unit since 2015
Ground area
233 m²
Building footprint
169 m²
Volume, LiDAR
2,632 m³
Parcel 21816C0022/00Y002, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Le Houba
since 20152.240.818.279
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0022/00Y002 | Brussels | 232 m² | 1 · 169 m² | 18.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.240.818.279
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Of 10,667 companies in sector 47811 we hold annual accounts for 5,220. 3,261 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
56112Limited-service restaurants, excluding mobile food services
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.