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JJ Retail

In bankruptcy Private limited companyfounded 2017Pastorijstraat 2 D, 3850 Nieuwerkerken (Limb.)KBO/BCE: BE 0682.907.714 subsidiary of JJ MANAGEMENT

Information for creditors

Enterprise Court of Antwerp, Hasselt division · Official Gazette of 30-07-2024
Appeal or third-party opposition 14-08-2024Filing the claim in RegSol 23-08-2024First verification report 05-09-2024Late claim 24-07-2025

Trustees: Felix Ruysschaert, Mark Bernaerts, Stefanie Grosemans. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

5 annual accounts with figures on one time axis
peak €361,779 (2022)
€284,979▼ 21.2%
lowest -€169,254 (2023)
-€169,254▼ €75,666
peak €97,050 (2021)
-€165,793▼ €169,254
€1.0m▼ 15.0%
peak 10.8 FTE (2022)
8.6 FTE▼ 20.4%
Board4 names since 2020
1 directorJJ MANAGEMENT
Owners2 names in the annual accounts
100%JJ MANAGEMENT and 1 other
Documentsfilings and deeds
26-02-2024118 days late
2023abbreviated format
Gross margin from €361,779 to €284,979Loss of €169,254Staff from 10.8 FTE to 8.6 FTEEquity from €3,461 to -€165,793Debts from €1.2m to €1.0m

Key points

from the 2023 annual accounts, the last ones filed

Equity

-€165,793 from €97,050 in 2021

Equity fell below zero in 2023.

Result

-€169,254 ▼ 80.8%
-€93,6002022-€169,0002023

The result fell in 2023 from -€93,589 to -€169,254.

Debts

€1.0m 120% of the balance sheet
Financial debts 45%Suppliers 42%Taxes and wages 1%Other 12%

Of this, €657,724 falls due within a year.

Staff

12 employees on 31-03-2023
40240320227197202023

In 2023, 719 short contracts started and 720 ended, on average 21 hours worked per contract. Staff averaged 8.6 full-time equivalents.

Filings

5 annual accounts 2 late
deadline20202022

The 2023 accounts came latest: 118 days after the end of the period.

No score

Board and ownership

Board & ownership

Recent changes

RUKA GROUP at this address Establishment
Bankruptcy published Enterprise Court of Antwerp, Hasselt division · judgment of 24-07-2024 · Bankruptcy
Resignation: TS management bv (director) Permanent representative: Tim Schreurs · Director discharge: TS management bv · General meeting of 30-06-2022 · Gazette deed
Registered office moved within Nieuwerkerken Capital increase of €39,772.73 to €80,772.73 · Capital from €41,000 to €80,772.73, 200 new shares · Contributions: JJ MANAGEMENT (€18,693.18, 94 shares); TS MANAGEMENT (€16,306.82, 82 shares); JAMAR Joachim Jean Jozef (€4,772.73, 24 shares) · General meeting of 29-06-2020 · Gazette deed
All 14 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 24-07-2024
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
Establishment units
2.269.551.1643440 Zoutleeuw, since 13-10-2017
2.305.011.1963850 Nieuwerkerken (Limb.), since 29-06-2020
Financial year end
31 March
Peppol
Reachable
Company details

Annual accounts to 31-03-2023

≈ €2.7mestimated
€834,504▼ 29.3%
Employeeson 31-03-2023
12▼ 7.7%
Filing
Filed on 26-02-2024
Financials

Insights on JJ Retail

Equity fell from €97,050 in 2021 to -€165,793 in 2023.

On 24 July 2024 the court declared JJ Retail bankrupt. Parent company JJ MANAGEMENT went bankrupt on 17 July 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JJ Retail

What is the company number of JJ Retail?
The company number of JJ Retail is 0682.907.714. The VAT number is the same number with BE in front: BE 0682.907.714.
Where was JJ Retail based?
The last known address of the registered office is Pastorijstraat 2 D, 3850 Nieuwerkerken (Limb.).Company details
What does JJ Retail do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of JJ Retail?
JJ Retail is a private limited company (BV).
When was JJ Retail founded?
JJ Retail was founded on 13-10-2017.
Is JJ Retail still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did JJ Retail have?
JJ Retail had an average of 8.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of JJ Retail?
The turnover in financial year 2023 is ≈ €2.7m. This figure is estimated from the gross margin of €284,979 and 43 comparable companies (NACE 47110). It probably lies between €2.1m and €3.6m.
Is JJ Retail profitable?
In financial year 2023, JJ Retail made a loss of €169,254.
Where can I find the annual accounts of JJ Retail?
JJ Retail filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

Keep this company with today's facts in a case file.