Financials
- Fiscal year
- 2024
- Total assets
- €95,814
- Loss
- -€937
- Solvency
- 2.7%
Total assets▼ 42.0%
Net result
20182024
JITSIE
ActiveSummary
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 (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 29320NACE 34300Business 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)
Structure
Accounts 67 d 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%
Better than 14% of its sector peers (NACE 29, micro)
Performance against the sector, not lower risk
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).
Last 24 months
11-2024: 1.1%
12-2024: 1.1%● 0.0% vs 11-2024
01-2025: 1.1%● 0.0% vs 12-2024
02-2025: 1.1%● 0.0% vs 01-2025
03-2025: 0.4%▼ -57.5% vs 02-2025
04-2025: 0.5%▲ +0.2% vs 03-2025
05-2025: 0.4%▼ -4.4% vs 04-2025
06-2025: 0.4%▼ -4.2% vs 05-2025lowest value
07-2025: 0.6%▲ +38.5% vs 06-2025
08-2025: 1.0%▲ +83.0% vs 07-2025
09-2025: 1.4%▲ +30.1% vs 08-2025
10-2025: 2.1%▲ +56.8% vs 09-2025
11-2025: 0.9%▼ -58.9% vs 10-2025
12-2025: 0.9%● 0.0% vs 11-2025
01-2026: 0.9%● 0.0% vs 12-2025
02-2026: 0.9%▼ -2.1% vs 01-2026
03-2026: 0.9%● 0.0% vs 02-2026
04-2026: 0.9%▼ -0.5% vs 03-2026
05-2026: 0.8%▼ -1.9% vs 04-2026
06-2026: 0.8%▼ -3.9% vs 05-2026
07-2026: 0.8%▲ +3.1% vs 06-2026
08-2026: 1.5%▲ +83.2% vs 07-2026
09-2026: 1.8%▲ +17.8% vs 08-2026
10-2026: 2.5%▲ +37.0% vs 09-2026highest value
- Figures for FY 2024 (filed 09-10-2025) raises the probability
- Liquidity: current ratio 1.03, cash €239 raises the probability
- Size: total assets €95,814 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 70 days late; 1 of the last 3 late raises the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 29, micro). Better than this share of them on solvency 16%, liquidity 2%, profitability 24%, growth against the median 15%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 comparisonPosition 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 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
33 d early
2022
3 d early
2021
3 d early
2020
11 d early
2019
35 d 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)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 09-10-2025Annual accounts filed
- 28-06-2024Annual accounts filed
- 28-07-2023Annual accounts filed
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
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