JJ Retail
BankruptcyThe KBO register records for JJ Retail the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-166k) and a net result of €-169k.
Signals
Two signals.
+raises risk○neutral
Financials · fiscal year 2023, abbreviated schema
Equity
€-166k
2022 · €3k
2019: €5k
2020: €46k
2021: €97k
2022: €3k
2019 → 2023
Total assets
€835k▼ 29.3%
2022 · €1.18M
2019: €451k
2020: €617k
2021: €1.28M
2022: €1.18M
2019 → 2023
Net result
€-169k▼ 80.8%
2022 · €-94k
2019: €-36k
2020: €41k
2021: €12k
2022: €-94k
2019 → 2023
Working capital
€-264k▼ 16.3%
2022 · €-227k
2019: €-108k
2020: €-90k
2021: €-91k
2022: €-227k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€5k-€46k▲ 886%€97k▲ 112%€3k▼ 96.4%€-166k
Operating result€-12k-€81k€50k▼ 38.3%€-67k€-136k▼ 103%
Net result€-36k-€41k€12k▼ 71.9%€-94k€-169k▼ 80.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €136k in 2023 against €67k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €835k
Fixed assets
€441k▼ 26.5%
Current assets
€394k▼ 32.2%
Key figures and ratios
EBITDA
€-22k▼
2022 · €60k
Cash flow
€-55k▼
2022 · €33k
Solvency
-19.9%▼
2022 · 0.3%
Current ratio
0.60▼
2022 · 0.72
Quick ratio
0.21▼
2022 · 0.23
Debt / equity
-6.03
ROA
-20.3%▼
2022 · -7.9%
Interest coverage
-0.65▼
2022 · 2.23
Debt
€1.00M▼
2022 · €1.18M
Debt ≤ 1 year
€658k▼
2022 · €808k
Debt > 1 year
€329k▼
2022 · €369k
Staff costs
€302k▲
2022 · €301k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€1.18M€835k▼
Fixed assets21/28€600k€441k▼
Tangible fixed assets22/27€600k€441k▼
Land and buildings22€66k€52k▼
Plant, machinery and equipment23€485k€381k▼
Furniture and vehicles24€48k€8k▼
Financial fixed assets28€438-
Current assets29/58€581k€394k▼
Stocks and contracts in progress3€396k€257k▼
Stocks30/36€396k€257k▼
Amounts receivable within one year40/41€127k€72k▼
Trade receivables40€20k€3k▼
Other amounts receivable41€107k€69k▼
Current investments50/53€5k-
Cash at bank and in hand54/58€50k€49k▼
Deferred charges and accrued income490/1€4k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.18M€835k▼
Equity10/15€3k€-166k▼
Contributions10/11€81k€82k▲
Reserves13€1k-
Non-distributable reserves130/1€1k-
Other1319€1k-
Profit (loss) carried forward14€-78k€-248k▼
Amounts payable17/49€1.18M€1.00M▼
Amounts payable after more than one year17€369k€329k▼
Financial debts170/4€369k€329k▼
Amounts payable within one year42/48€808k€658k▼
Current portion of amounts payable after more than one year42€244k€96k▼
Financial debts43€150k€126k▼
Credit institutions430/8€150k€126k▼
Trade debts44€392k€416k▲
Suppliers440/4€392k€416k▲
Taxes, remuneration and social security45€17k€14k▼
Taxes450/3-€13
Remuneration and social security454/9€17k€14k▼
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€118€14k▲
Income statement
Code20222023
Non-recurring operating income76A-€36k
Remuneration, social security and pensions62€301k€302k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€114k▼
Other operating charges640/8€31€5k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€362k€285k▼
Operating profit (loss)9901€-67k€-136k▼
Financial income75/76B€148€400▲
Recurring financial income75€148€400▲
Financial charges65/66B€27k€34k▲
Recurring financial charges65€27k€34k▲
Profit (loss) for the period before taxes9903€-94k€-169k▼
Profit (loss) for the period9904€-94k€-169k▼
Profit (loss) for the period to be appropriated9905€-94k€-169k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€-248k▼
Profit (loss) brought forward from the previous period14P€15k€-78k▼
Social balance
Average headcount (FTE)908710.88.6▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 118 days late
2023
31-03
Financial
Weakest financial yearnet €-169k
Net result drops to €-169k, the lowest in the series.
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Nieuwerkerken (Limb.) · 2 establishment units since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pastorijstraat 2 D3850 Nieuwerkerken (Limb.)Ground area
1,342 m²
Building footprint
636 m²
Volume, LiDAR
3,791 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SPAR
since 20172.269.551.164
Pastorijstraat 2 D, 3850 Nieuwerkerken (Limb.)
since 20202.305.011.196
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71045B0097/00S002 | Flanders | 773 m² | 1 · 177 m² | 8.7 m · 2 fl. |
| 24017D0206/00N004 | Flanders | 569 m² | 1 · 460 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 2,113 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2017
Fiscal year end31-03
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:sparbudingen@telenet.be
Phone:0479952703