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JJ MANAGEMENT

Open bankruptcy
Private limited companyfounded 2020Terbermenweg 59, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0748.846.334
Summary

A bankruptcy procedure is open for JJ MANAGEMENT according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €14,547 and a net result of -€562.

JJ MANAGEMENTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
17 July 2024
Supervising judge
Ivo Van Genechten
Official Gazette
23-07-2024 (pdf) ↗search the document for 2024/130365

Deadlines

Provisional date payments stopped
12 July 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 7 August 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 16 August 2024art. XX.104 and XX.155 CEL
First verification report
passed on 29 August 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 17 July 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Overview

What they do
Other business support services
NACE 82990
1 site
How big
€141,404total assets 2023
Equity
€14,547
Loss
-€562
Turnover not published (abridged schema)
Financially healthy?
Open bankruptcy: no score
Who decides
Holdings
1
Accounts 700 d overdue0 of 1 deed read
Signals- Open bankruptcyLatest accounts filed on timeShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 30-10-2023, 1 day ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2023
1 d early
2022
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day before the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
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
  1. OpeningOndernemingsrechtbank Antwerpen, afdeling Hasselt ·…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Financials

Fiscal year 2023Total assets €141,404Loss -€562Solvency 10.3%Liquidity 0.74
Total assets
€141,404▲ 5.8%
2022 - 2023
Net result
-€562
2022 - 2023
Equity
€14,547▼ 3.7%
2022 - 2023
Solvency
10.3%▼ 1.0pp
2022 - 2023

Financials · fiscal year 2023, micro schema

Trend over the years2 fiscal years
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 82, Office administrative, office support and other business support activities, 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
Line20222023
Operating result€14,309-€1,539▼ 89.2%
Net result€13,109within the sector's middle half--€562below the sector's middle half
Equity€15,109within the sector's middle half-€14,547within the sector's middle half▼ 3.7%
Total assets€133,658within the sector's middle half-€141,404within the sector's middle half▲ 5.8%
Debt€118,549-€126,858▲ 7.0%
Working capital-€74,562below the sector's middle half--€18,237below the sector's middle half▲ 75.5%
Solvency11.3%below the sector's middle half-10.3%below the sector's middle half▼ 1.0pp
Current ratio0.37below the sector's middle half-0.74below the sector's middle half▲ 0.37
Return on assets (ROA)9.8%within the sector's middle half--0.4%below the sector's middle half▼ 10.2pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, 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 and balance sheet2023
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2022: €14,309€14,309Net result 2022: €13,109€13,109Operating result 2023: €1,539€1,539Net result 2023: -€562-€56220222023-€5,000€0€5,000€10,000€15,000Operating result 2022: €14,309€14,300Net result 2022: €13,109€13,100Operating result 2023: €1,539€1,540Net result 2023: -€562-€56220222023
The operating result falls in 2023; 2023 is 89% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €141,404
Fixed assets €89,671 =
Current assets €51,734 ▲ 17.6%
Equity and liabilities €141,404
Equity €14,547 ▼ 3.7%
Debt €126,858 ▲ 7.0%
Debt's share of the balance-sheet total rises from 88.7% to 89.7%. Equity is lower and debt is higher.
Key figures and ratios2023
Key figures and ratios
2023 value · change against 2022
Debt to equity
8.72▲
2022 · 7.85
ROE
-3.9%▼
2022 · 86.8%
Debt ≤ 1 year
€69,970▼
2022 · €118,549
Debt > 1 year
€56,887
Income taxes
€293
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2023
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€133,658€141,404▲
Fixed assets21/28€89,671€89,671=
Financial fixed assets28€89,671€89,671=
Current assets29/58€43,988€51,734▲
Amounts receivable within one year40/41€34,283€8,617▼
Trade receivables40€34,283€5,917▼
Other amounts receivable41-€2,700
Cash at bank and in hand54/58€9,704€42,808▲
Deferred charges and accrued income490/1-€309
Equity and liabilities
Total equity and liabilities10/49€133,658€141,404▲
Equity10/15€15,109€14,547▼
Contributions10/11€2,000€2,000=
Reserves13-€12,547
Distributable reserves133-€12,547
Profit (loss) carried forward14€13,109-
Amounts payable17/49€118,549€126,858▲
Amounts payable after more than one year17-€56,887
Financial debts170/4-€56,887
Amounts payable within one year42/48€118,549€69,970▼
Current portion of amounts payable after more than one year42€14,704€13,933▼
Financial debts43€34-
Credit institutions430/8€34-
Trade debts44€3,436€7,512▲
Suppliers440/4€3,436€7,512▲
Taxes, remuneration and social security45€9,885€5,864▼
Taxes450/3€9,885€5,864▼
Other amounts payable47/48€90,490€42,661▼
Income statement Code20222023
Other operating charges640/8€77€816▲
Non-recurring operating charges66A€10,165-
Gross operating margin9900€24,551€2,355▼
Operating profit (loss)9901€14,309€1,539▼
Financial charges65/66B€1,200€1,809▲
Recurring financial charges65€1,200€1,809▲
Profit (loss) for the period before taxes9903€13,109-€270▼
Income taxes67/77-€293
Profit (loss) for the period9904€13,109-€562▼
Profit (loss) for the period to be appropriated9905€13,109-€562▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,109-€562▼
Transfer from equity791/2-€562

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

Line20222023Change
Other operating charges640/8€77€816▲ 956%
Non-recurring operating charges66A€10,165--
Gross operating margin9900€24,551€2,355▼ 90.4%
Operating profit (loss)9901€14,309€1,539▼ 89.2%
Financial charges65/66B€1,200€1,809▲ 50.7%
Recurring financial charges65€1,200€1,809▲ 50.7%
Profit (loss) for the period before taxes9903€13,109-€270▼ 102%
Income taxes67/77-€293-
Profit (loss) for the period9904€13,109-€562▼ 104%
Profit (loss) for the period to be appropriated9905€13,109-€562▼ 104%
Line20222023Change
Assets
Total assets20/58€133,658€141,404▲ 5.8%
Fixed assets21/28€89,671€89,671=
Financial fixed assets28€89,671€89,671=
Current assets29/58€43,988€51,734▲ 17.6%
Amounts receivable within one year40/41€34,283€8,617▼ 74.9%
Trade receivables40€34,283€5,917▼ 82.7%
Other amounts receivable41-€2,700-
Cash at bank and in hand54/58€9,704€42,808▲ 341%
Deferred charges and accrued income490/1-€309-
Equity and liabilities
Total equity and liabilities10/49€133,658€141,404▲ 5.8%
Equity10/15€15,109€14,547▼ 3.7%
Contributions10/11€2,000€2,000=
Reserves13-€12,547-
Distributable reserves133-€12,547-
Profit (loss) carried forward14€13,109--
Amounts payable17/49€118,549€126,858▲ 7.0%
Amounts payable after more than one year17-€56,887-
Financial debts170/4-€56,887-
Amounts payable within one year42/48€118,549€69,970▼ 41.0%
Current portion of amounts payable after more than one year42€14,704€13,933▼ 5.2%
Financial debts43€34--
Credit institutions430/8€34--
Trade debts44€3,436€7,512▲ 119%
Suppliers440/4€3,436€7,512▲ 119%
Taxes, remuneration and social security45€9,885€5,864▼ 40.7%
Taxes450/3€9,885€5,864▼ 40.7%
Other amounts payable47/48€90,490€42,661▼ 52.9%
Line20222023Change
Profit (loss) for the period9904€13,109-€562▼ 104%
Operating cash flow (approximation)€13,109-€562▼ 104%
Investment in fixed assets (approximation)-€0-
Change in cash-€33,104-

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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Comparable companies5

Board & ownership

1 holding

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Insolvency mandates

3 mandates
Role Name Tenure
Curator FELIX RUYSSCHAERT
Piepelpoel 13, 3700 Tongeren
17-07-2024 → present
Curator MARK BERNA- ERTS
Piepelpoel 13, 3700 Tongeren
17-07-2024 → present
Curator STEFANIE GROSEMANS
Piepel- Poel 13, 3700 Tongeren
17-07-2024 → present

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-03-2023 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 31-03-2023 of JJ MANAGEMENT and those 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 directors read yet: 0 of 1 Gazette act processed.

Timeline

3 eventsLatest 23-07-2024

History

JJ MANAGEMENT was incorporated on 23 June 2020 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 On 17 July 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 23-07-2024

Acts, filings and financial milestones

2024
23-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 17-07-2024
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
30-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 23-06-2020Year ends 31-03Peppol not found1 site

Register details

Identification
Legal formPrivate limited company
Founded23-06-2020
Fiscal year end31-03
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
807 m²
Building footprint
119 m²
Volume, LiDAR
742 m³
Parcel 71024C0934/00W002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
JJ MANAGEMENT BV
Terbermenweg 59, 3540 Herk-de-StadFinancial service activities, except insurance and pension funding
since 2020unit no. 2.304.019.917
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71024C0934/00W002 Flanders 807 m² 1 · 119 m² 6.6 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.

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