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JJ-immo

Active
Public limited companyfounded 196858 yrs activeHoogweg 52, 8940 Wervik, BelgiumKBO/BCE: BE 0405.975.286
Summary

JJ-immo has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.0m and a net result of €663,917. Equity is growing by ~3.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability54▲+12
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days acceptable
short-term debt: 0.1% and cash: 1% of total assets, and 0.1% 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
6.6%
Age of the figures
15 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
1 d early
2023
1 d early
2022
27 d late
2021
on the day
2020
2 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 March 1968, JJ-immo was incorporated.1 Revenue went from EUR 16 million in 2019 to EUR 26,813 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021

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Financials · fiscal year 2025, abbreviated schema

Turnover
€26,813▲ 47.4%
2020 · €18,188
EBIT margin
-143.3%▼ 14043.5pp
2020 · 13900.2%
Net result
€663,917▲ 291%
2024 · €169,643
Working capital
€8.7m▲ 8.2%
2024 · €8.1m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€26,813▲ 47.4%
Operating result-€38,420€331,646€68,316▼ 79.4%€194,532▲ 185%€275,865▲ 41.8%
Net result-€31,892€325,395€252,263▼ 22.5%€169,643▼ 32.8%€663,917▲ 291%
EBIT margin-143.3%▼ 14043.5pp
Equity€8.6m▼ 0.4%€8.9m▲ 3.8%€9.2m▲ 2.8%€9.3m▲ 1.8%€10.0m▲ 7.1%
Total assets€8.6m=€9.0m▲ 4.3%€9.2m▲ 2.4%€9.4m▲ 1.3%€10.0m▲ 7.0%
Debt€52,283▲ 1,767%€101,962▲ 95.0%€68,300▼ 33.0%€20,015▼ 70.7%€11,679▼ 41.6%
Working capital€7.1m▲ 0.3%€7.8m▲ 9.1%€8.1m€8.7m▲ 8.2%
Staff (FTE)000
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2021: -€38,420-€38,420Net result 2021: -€31,892-€31,892Operating result 2022: €331,646€331,646Net result 2022: €325,395€325,395Operating result 2023: €68,316€68,316Net result 2023: €252,263€252,263Operating result 2024: €194,532€194,532Net result 2024: €169,643€169,643Operating result 2025: €275,865€275,865Net result 2025: €663,917€663,91720212022202320242025€0€200,000€400,000€600,000Operating result 2023: €68,316€68,300Net result 2023: €252,263€252,000Operating result 2024: €194,532€195,000Net result 2024: €169,643€170,000Operating result 2025: €275,865€276,000Net result 2025: €663,917€664,000202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 42% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.0m
Fixed assets €1.3m =
Current assets €8.8m ▲ 8.1%
Equity and liabilities €10.0m
Equity €10.0m ▲ 7.1%
Debt €11,679 ▼ 41.6%
Debt's share of the balance-sheet total falls from 0.2% to 0.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00▼
2024 · 0.00
ROE
6.6%▲
2024 · 1.8%
ROA
6.6%▲
2024 · 1.8%
Debt ≤ 1 year
€11,597▼
2024 · €19,115
Income taxes
€222,426▲
2024 · €40,596
A ratio outside any meaningful range has been withheld (balance sheet total €10.0m, equity €10.0m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,577 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€9.4m€10.0m▲
Fixed assets21/28€1.3m€1.3m=
Tangible fixed assets22/27€1.3m€1.3m=
Land and buildings22€1.3m€1.3m=
Current assets29/58€8.1m€8.8m▲
Amounts receivable after more than one year29€6.5m€6.5m=
Other amounts receivable291€6.5m€6.5m=
Amounts receivable within one year40/41€465,556€6,807▼
Other amounts receivable41€465,556€6,807▼
Current investments50/53€887,374€1.6m▲
Cash at bank and in hand54/58€56,526€96,845▲
Deferred charges and accrued income490/1€187,648€591,658▲
Equity and liabilities
Total equity and liabilities10/49€9.4m€10.0m▲
Equity10/15€9.3m€10.0m▲
Contributions10/11€500,000€500,000=
Capital10€500,000€500,000=
Issued capital100€500,000€500,000=
Reserves13€8.8m€9.5m▲
Non-distributable reserves130/1€50,000€50,000=
Legal reserve130€50,000€50,000=
Tax-exempt reserves132€67,502€67,502=
Distributable reserves133€8.7m€9.4m▲
Investment grants15€3,519€3,519=
Amounts payable17/49€20,015€11,679▼
Amounts payable within one year42/48€19,115€11,597▼
Trade debts44€2,708€1,554▼
Suppliers440/4€2,708€1,554▼
Other amounts payable47/48€16,407€10,043▼
Accrued charges and deferred income492/3€900€82▼
Income statement Code20242025
Other operating charges640/8€12,190€6,479▼
Gross operating margin9900€206,722€282,344▲
Operating profit (loss)9901€194,532€275,865▲
Financial income75/76B€17,734€612,605▲
Recurring financial income75€17,734€612,605▲
Financial charges65/66B€2,027€2,127▲
Recurring financial charges65€2,027€2,127▲
Profit (loss) for the period before taxes9903€210,240€886,343▲
Income taxes67/77€40,596€222,426▲
Profit (loss) for the period9904€169,643€663,917▲
Profit (loss) for the period to be appropriated9905€169,643€663,917▲
Appropriation of the result
Profit (loss) to be appropriated9906€169,643€663,917▲
Transfer to equity691/2€169,643€663,917▲
To other reserves6921€169,643€663,917▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€26,813-----
Non-recurring operating income76A-€349,000€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,271€0----
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0----
Other operating charges640/8-€94,318€868€12,190€6,479▼ 46.8%
Gross operating margin9900-€425,964€69,184€206,722€282,344▲ 36.6%
Operating profit (loss)9901-€38,420€331,646€68,316€194,532€275,865▲ 41.8%
Financial income75/76B-€19,304€187,303€17,734€612,605▲ 3,354%
Recurring financial income75€18,276€19,304€187,303€17,734€612,605▲ 3,354%
Financial charges65/66B-€23,455€4,405€2,027€2,127▲ 4.9%
Recurring financial charges65€11,748€23,455€4,405€2,027€2,127▲ 4.9%
Debt charges650€10,649-----
Profit (loss) for the period before taxes9903-€31,892€327,495€251,213€210,240€886,343▲ 322%
Income taxes67/77€0€2,100-€1,050€40,596€222,426▲ 448%
Profit (loss) for the period9904-€31,892€325,395€252,263€169,643€663,917▲ 291%
Profit (loss) for the period to be appropriated9905-€31,892€325,395€252,263€169,643€663,917▲ 291%
Line20212022202320242025Change
Assets
Total assets20/58€8.6m€9.0m€9.2m€9.4m€10.0m▲ 7.0%
Fixed assets21/28€1.5m€1.3m€1.3m€1.3m€1.3m=
Tangible fixed assets22/27€1.5m€1.3m€1.3m€1.3m€1.3m=
Land and buildings22-€1.3m€1.3m€1.3m€1.3m=
Other tangible fixed assets26-€0----
Current assets29/58€7.1m€7.8m€8.0m€8.1m€8.8m▲ 8.1%
Amounts receivable after more than one year29-€7,668€6.5m€6.5m€6.5m=
Other amounts receivable291-€7,668€6.5m€6.5m€6.5m=
Stocks and contracts in progress3€0-----
Amounts receivable within one year40/41€684,193€80,700€515,863€465,556€6,807▼ 98.5%
Other amounts receivable41-€80,700€515,863€465,556€6,807▼ 98.5%
Current investments50/53€180,900€180,550€180,155€887,374€1.6m▲ 75.5%
Cash at bank and in hand54/58€6.3m€7.5m€598,290€56,526€96,845▲ 71.3%
Deferred charges and accrued income490/1-€9,354€173,770€187,648€591,658▲ 215%
Equity and liabilities
Total equity and liabilities10/49€8.6m€9.0m€9.2m€9.4m€10.0m▲ 7.0%
Equity10/15€8.6m€8.9m€9.2m€9.3m€10.0m▲ 7.1%
Contributions10/11€500,000€500,000€500,000€500,000€500,000=
Capital10-€500,000€500,000€500,000€500,000=
Issued capital100-€500,000€500,000€500,000€500,000=
Reserves13€8.1m€8.4m€8.7m€8.8m€9.5m▲ 7.5%
Non-distributable reserves130/1-€50,000€50,000€50,000€50,000=
Legal reserve130-€50,000€50,000€50,000€50,000=
Tax-exempt reserves132-€67,502€67,502€67,502€67,502=
Distributable reserves133-€8.3m€8.6m€8.7m€9.4m▲ 7.6%
Investment grants15-€3,519€3,519€3,519€3,519=
Provisions and deferred taxes16€0-----
Amounts payable17/49€52,283€101,962€68,300€20,015€11,679▼ 41.6%
Amounts payable within one year42/48€18,989€0-€19,115€11,597▼ 39.3%
Trade debts44€18,989€0-€2,708€1,554▼ 42.6%
Suppliers440/4-€0-€2,708€1,554▼ 42.6%
Other amounts payable47/48---€16,407€10,043▼ 38.8%
Accrued charges and deferred income492/3-€101,962€68,300€900€82▼ 90.9%
Line20212022202320242025Change
Profit (loss) for the period9904-€31,892€325,395€252,263€169,643€663,917▲ 291%
+ Depreciation and write-downs630€40,271€0----
Operating cash flow (approximation)€8,379€325,395€252,263€169,643€663,917▲ 291%
Investment in fixed assets (approximation)-€251,000€0€0€0-
Change in cash-€1.2m-€6.9m-€541,764€40,319▲ 107%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
23-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Equity above €10mEq €10.0m ▲7.1%
4 profitable years in a row build equity to €10.0m.
30-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-02
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 27 days late
2022
30-06
Financial Back to profitnet €325,395
Net result €325,395 after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial Back to profitnet €2.5m
Net result €2.5m after one loss-making year.
30-06
Financial Liquidity times 6949current ratio 15838.53
Current ratio from 2.28 to 15838.53; short-term debt falls from €3.4m to €448.
2019
24-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
21-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
20-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
16-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 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
11 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, Wervik · 1 establishment unit since 1968
seat establishment The establishment unit on the map
Ground area
2.7 ha
Building footprint
1.5 ha
Volume, LiDAR
80,464 m³
Parcel 33029B0754/00H000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Hoogweg 52, 8940 Wervik
Water collection, treatment and supply
since 19682.001.857.393
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33029B0754/00H000 Flanders 2.7 ha 1 · 1.5 ha 8.7 m · 2 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.

Structure & network

Part of the group Jalisco 2 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Jalisco consolidated
  2. JJ-immo

Highest known parent: Jalisco. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

254900I05X3Q4I5YXA42
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded06-03-1968
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0405975286
Also 9925:BE0405975286

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.