JIN LEE
ActiveSummary
JIN LEE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12,422 and a net result of €1,500. Equity is growing by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability50▲+10
Solvency33▲+2
Growth45▼-2
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.06 in 2023; short-term debt: 92.5% and cash: 7.3% of total assets), and 92.5% of the assets are financed with debt.
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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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
7.5%
Return on assets
0.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
34 d early
2023
9 d early
2022
7 d early
2021
31 d early
2020
3 d early
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Turnover
€179,170▼ 8.9%
2023 · €196,582
EBIT margin
1.1%▲ 0.1pp
2023 · 1.0%
Net result
€1,500▼ 2.0%
2023 · €1,531
Working capital
€10,772▲ 4.3%
2023 · €10,323
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€138,747▼ 29.2%€163,030▲ 17.5%€167,265▲ 2.6%€196,582▲ 17.5%€179,170▼ 8.9%
Operating result-€983€34€1,290▲ 3,694%€2,005▲ 55.4%€1,990▼ 0.7%
Net result-€1,430within the sector's middle half-€275within the sector's middle half▲ 80.8%€822within the sector's middle half€1,531within the sector's middle half▲ 86.3%€1,500within the sector's middle half▼ 2.0%
EBIT margin-0.7%▼ 1.3pp0.0%▲ 0.7pp0.8%▲ 0.8pp1.0%▲ 0.2pp1.1%▲ 0.1pp
Equity€8,853within the sector's middle half▼ 13.9%€8,578within the sector's middle half▼ 3.1%€9,391within the sector's middle half▲ 9.5%€10,922within the sector's middle half▲ 16.3%€12,422within the sector's middle half▲ 13.7%
Total assets€157,135within the sector's middle half▲ 0.4%€259,248within the sector's middle half▲ 65.0%€164,679within the sector's middle half▼ 36.5%€170,466within the sector's middle half▲ 3.5%€164,571within the sector's middle half▼ 3.5%
Debt€148,282▲ 1.4%€250,670▲ 69.0%€155,288▼ 38.1%€159,544▲ 2.7%€152,149▼ 4.6%
Working capital-€11,091below the sector's middle half▼ 3.7%-€9,600below the sector's middle half▲ 13.4%€8,792within the sector's middle half€10,323within the sector's middle half▲ 17.4%€10,772within the sector's middle half▲ 4.3%
Solvency5.6%within the sector's middle half▼ 0.9pp3.3%below the sector's middle half▼ 2.3pp5.7%within the sector's middle half▲ 2.4pp6.4%within the sector's middle half▲ 0.7pp7.5%within the sector's middle half▲ 1.1pp
Current ratio0.93within the sector's middle half=0.96within the sector's middle half▲ 0.041.06within the sector's middle half▲ 0.091.06within the sector's middle half▲ 0.011.07within the sector's middle half▲ 0.01
Return on assets (ROA)-0.9%within the sector's middle half▼ 1.3pp-0.1%within the sector's middle half▲ 0.8pp0.5%within the sector's middle half▲ 0.6pp0.9%within the sector's middle half▲ 0.4pp0.9%within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €164,571
Fixed assets
€1,650 ▲ 175%
Current assets
€162,921 ▼ 4.1%
Equity and liabilities €164,571
Equity
€12,422 ▲ 13.7%
Debt
€152,149 ▼ 4.6%
Debt's share of the balance-sheet total falls from 93.6% to 92.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2,048
Cash flow
€1,558
Quick ratio
0.08▼
2023 · 0.11
Debt to equity
12.25▼
2023 · 14.61
ROE
12.1%▼
2023 · 14.0%
Interest coverage
5.06
Debt ≤ 1 year
€152,149▼
2023 · €159,544
Income taxes
€86
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.2%
went bankrupt
1.6%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,375 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €138,747 | €163,030 | €167,265 | €196,582 | €179,170 | ▼ 8.9% |
| Non-recurring operating income76A | - | - | - | €2,893 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €153,175 | €162,626 | €192,884 | €175,468 | ▼ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,905 | €1,766 | €818 | - | €58 | - |
| Other operating charges640/8 | - | €8,055 | €2,531 | €1,693 | €1,654 | ▼ 2.3% |
| Gross operating margin9900 | €3,453 | €9,855 | €4,639 | €3,698 | €3,702 | ▲ 0.1% |
| Operating profit (loss)9901 | -€983 | €34 | €1,290 | €2,005 | €1,990 | ▼ 0.7% |
| Financial income75/76B | - | - | €20 | - | €1 | - |
| Recurring financial income75 | - | - | €20 | - | €1 | - |
| Financial charges65/66B | - | €309 | €488 | €474 | €405 | ▼ 14.6% |
| Recurring financial charges65 | €452 | €309 | €488 | €474 | €405 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | -€1,435 | -€275 | €822 | €1,531 | €1,586 | ▲ 3.6% |
| Income taxes67/77 | -€5 | - | - | - | €86 | - |
| Profit (loss) for the period9904 | -€1,430 | -€275 | €822 | €1,531 | €1,500 | ▼ 2.0% |
| Profit (loss) for the period to be appropriated9905 | -€1,430 | -€275 | €822 | €1,531 | €1,500 | ▼ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €157,135 | €259,248 | €164,679 | €170,466 | €164,571 | ▼ 3.5% |
| Fixed assets21/28 | €19,944 | €18,178 | €599 | €599 | €1,650 | ▲ 175% |
| Tangible fixed assets22/27 | €2,584 | €818 | - | - | €1,051 | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,051 | - |
| Furniture and vehicles24 | - | €818 | - | - | - | - |
| Financial fixed assets28 | €17,360 | €17,360 | €599 | €599 | €599 | = |
| Current assets29/58 | €137,191 | €241,070 | €164,080 | €169,867 | €162,921 | ▼ 4.1% |
| Stocks and contracts in progress3 | €125,220 | €204,959 | €138,450 | €151,550 | €150,911 | ▼ 0.4% |
| Stocks30/36 | - | €204,959 | €138,450 | €151,550 | €150,911 | ▼ 0.4% |
| Amounts receivable within one year40/41 | - | €27,845 | €672 | - | - | - |
| Trade receivables40 | - | - | €672 | - | - | - |
| Other amounts receivable41 | - | €27,845 | - | - | - | - |
| Cash at bank and in hand54/58 | €11,930 | €8,224 | €24,958 | €18,274 | €12,010 | ▼ 34.3% |
| Deferred charges and accrued income490/1 | - | €42 | - | €43 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €157,135 | €259,248 | €164,679 | €170,466 | €164,571 | ▼ 3.5% |
| Equity10/15 | €8,853 | €8,578 | €9,391 | €10,922 | €12,422 | ▲ 13.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Reserves13 | €531 | €531 | €531 | €531 | €531 | = |
| Non-distributable reserves130/1 | - | €531 | €531 | €531 | €531 | = |
| Legal reserve130 | - | €531 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €531 | €531 | €531 | = |
| Profit (loss) carried forward14 | €2,122 | €1,847 | €2,660 | €4,191 | €5,691 | ▲ 35.8% |
| Amounts payable17/49 | €148,282 | €250,670 | €155,288 | €159,544 | €152,149 | ▼ 4.6% |
| Amounts payable within one year42/48 | €148,282 | €250,670 | €155,288 | €159,544 | €152,149 | ▼ 4.6% |
| Trade debts44 | €144,824 | €247,861 | €143,543 | €154,944 | €143,809 | ▼ 7.2% |
| Suppliers440/4 | - | €247,861 | €143,543 | €154,944 | €143,809 | ▼ 7.2% |
| Taxes, remuneration and social security45 | - | - | €8,936 | €290 | €4,004 | ▲ 1,281% |
| Taxes450/3 | - | - | €8,936 | €290 | €4,004 | ▲ 1,281% |
| Other amounts payable47/48 | - | €2,809 | €2,809 | €4,310 | €4,336 | ▲ 0.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,430 | -€275 | €822 | €1,531 | €1,500 | ▼ 2.0% |
| + Depreciation and write-downs630 | €1,905 | €1,766 | €818 | - | €58 | - |
| Operating cash flow (approximation) | €475 | €1,491 | €1,640 | €1,531 | €1,558 | ▲ 1.8% |
| Investment in fixed assets (approximation) | - | €0 | €16,761 | €0 | -€1,109 | - |
| Change in cash | - | -€3,706 | €16,734 | -€6,684 | -€6,264 | ▲ 6.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €822
Net result €822 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€1,430
Net result drops to -€1,430, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Anderlecht · 1 establishment unit since 2010
Ground area
103 m²
Building footprint
104 m²
Volume, LiDAR
1,269 m³
Parcel 21305B0204/00N032, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
JIN LEE
since 20102.189.194.384
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0204/00N032 | Brussels | 103 m² | 1 · 104 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,441. 1,347 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47722Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0826206111
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.