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JITSIE

Active
Private limited companyfounded 200323 years activeSteenweg 3, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0479.389.044
Summary

The computed 12-month bankruptcy probability of JITSIE is 2.5% (moderate). The 2024 annual accounts show equity of €2,624 and a net result of -€937. Equity is growing by ~66.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 122 sector peers (NACE 29, fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29320Business and other management consultancy NACE 70200
1 site
Size
€95,814total assets 2024
Staff
1 FTE
Equity
€2,624
Loss
-€937
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy probability, 12 months
2.5%
Structure
Accounts 68 days overdue0 of 2 deeds read
Why 50- Figures for FY 2024 (filed 09-10-2025)- Liquidity: current ratio 1.03, cash €239- 1 financial year not filed after the legal deadline; latest accounts 70 days late; 1 of the last 3 late+ Size: total assets €95,814Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 29, micro)
Financial strength · tick = 2023
Weak
Solvency 28+1
equity 2.7% of total assets
Liquidity 0=
short-term debt 97.3% · cash 0.2%
Profitability 35-7
return on assets -1.0%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (225 companies)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 0.4%▼ -0.7 percentage points vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 1.4%▲ +0.4 percentage points vs 08-2025 10-2025: 2.1%▲ +0.7 percentage points vs 09-2025 11-2025: 0.9%▼ -1.2 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.7 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026 10-2026: 2.5%▲ +0.7 percentage points vs 09-2026highest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 29, micro): better than 16% on solvency, 2% on liquidity, 24% on profitability and 15% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 09-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.03, cash €239
NBB · annual accounts
lowers risk · Size: total assets €95,814
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 70 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 122 sector peers (2024).
NBB · sector comparison
Position among 122 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
70 days late
2023
33 days early
2022
3 days early
2021
3 days early
2020
11 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Among the weakest 17% on solvencysector median 43.2% · 122 companies 2.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Total assets 20246 fiscal years filed €95,814 View

By topic

Financials

Fiscal year
2024
Total assets
€95,814
Loss
-€937
Solvency
2.7%
Total assets▼ 42.0%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 28-07-2022Annual accounts filed
  2. 31-12-2021Highest result since 2018
  3. 20-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of motor vehicles, trailers and semi-trailersNACE 29320
Founded
21-01-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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