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JJenZ

Active
Private limited companyfounded 2024active for 1 yearMoerkerkse Steenweg 264-270, 8310 Brugge, BelgiumKBO/BCE: BE 1017.456.259
Summary

JJenZ has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203,043 and a net result of €193,043. Its solvency ranks better than 33% of 12,686 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €2.7m
Estimated: probably between €1.5m and €4.2m
Total assets
€918,226
Net result
€193,043
Working capital
€33,899

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €918,226
Fixed assets €170,892
Current assets €747,334
Equity and liabilities €918,226
Equity €203,043
Debt €715,182
Debt finances 77.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€265,203
Cash flow
€214,905
Current ratio
1.05
Quick ratio
0.33
Debt to equity
3.52
ROE
95.1%
ROA
21.0%
Interest coverage
over 100
Debt ≤ 1 year
€713,435
Income taxes
€58,763
Staff costs
€133,198

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,390 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 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€918,226
Fixed assets21/28€170,892
Intangible fixed assets21€67,500
Tangible fixed assets22/27€103,392
Plant, machinery and equipment23€40,411
Furniture and vehicles24€62,981
Current assets29/58€747,334
Stocks and contracts in progress3€511,667
Stocks30/36€511,667
Amounts receivable within one year40/41€8,961
Trade receivables40€8,786
Other amounts receivable41€175
Cash at bank and in hand54/58€226,287
Deferred charges and accrued income490/1€419
Equity and liabilities
Total equity and liabilities10/49€918,226
Equity10/15€203,043
Contributions10/11€10,000
Reserves13€193,043
Distributable reserves133€193,043
Amounts payable17/49€715,182
Amounts payable within one year42/48€713,435
Trade debts44€33,020
Suppliers440/4€33,020
Advances received on contracts in progress46€1,450
Taxes, remuneration and social security45€63,669
Taxes450/3€63,669
Other amounts payable47/48€615,296
Accrued charges and deferred income492/3€1,747
Income statement Code2025
Remuneration, social security and pensions62€133,198
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,861
Other operating charges640/8€1,545
Gross operating margin9900€399,946
Operating profit (loss)9901€243,342
Financial income75/76B€8,841
Recurring financial income75€8,841
Financial charges65/66B€377
Recurring financial charges65€377
Profit (loss) for the period before taxes9903€251,806
Income taxes67/77€58,763
Profit (loss) for the period9904€193,043
Profit (loss) for the period to be appropriated9905€193,043
Appropriation of the result
Profit (loss) to be appropriated9906€193,043
Transfer to equity691/2€193,043
To other reserves6921€193,043
Social balance sheet
Average headcount (FTE)90873.1

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€133,198
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,861
Other operating charges640/8€1,545
Gross operating margin9900€399,946
Operating profit (loss)9901€243,342
Financial income75/76B€8,841
Recurring financial income75€8,841
Financial charges65/66B€377
Recurring financial charges65€377
Profit (loss) for the period before taxes9903€251,806
Income taxes67/77€58,763
Profit (loss) for the period9904€193,043
Profit (loss) for the period to be appropriated9905€193,043
Line2025
Assets
Total assets20/58€918,226
Fixed assets21/28€170,892
Intangible fixed assets21€67,500
Tangible fixed assets22/27€103,392
Plant, machinery and equipment23€40,411
Furniture and vehicles24€62,981
Current assets29/58€747,334
Stocks and contracts in progress3€511,667
Stocks30/36€511,667
Amounts receivable within one year40/41€8,961
Trade receivables40€8,786
Other amounts receivable41€175
Cash at bank and in hand54/58€226,287
Deferred charges and accrued income490/1€419
Equity and liabilities
Total equity and liabilities10/49€918,226
Equity10/15€203,043
Contributions10/11€10,000
Reserves13€193,043
Distributable reserves133€193,043
Amounts payable17/49€715,182
Amounts payable within one year42/48€713,435
Trade debts44€33,020
Suppliers440/4€33,020
Advances received on contracts in progress46€1,450
Taxes, remuneration and social security45€63,669
Taxes450/3€63,669
Other amounts payable47/48€615,296
Accrued charges and deferred income492/3€1,747
Line2025
Profit (loss) for the period9904€193,043
+ Depreciation and write-downs630€21,861
Operating cash flow (approximation)€214,905

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 15-06-2026 2026-00165075

Similar companies · same sector, comparable size

Of the 1,448 active companies whose main activity is retail sale of bicycles (NACE 47632), figures are known for 743. 641 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.