Summary
JL SQUARE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.1m and a net result of €722,131. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 493 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €1.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-04-2026, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
21 d early
2024
29 d early
2023
28 d early
2022
27 d early
2021
1 d early
2020
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 3 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Equity
€1.1m▲ 191%
2024 · €377,180
Net result
€722,131▲ 2,788%
2024 · €25,008
Total assets
€1.1m▲ 155%
2024 · €432,454
Solvency
99.7%▲ 12.4pp
2024 · 87.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€319,550€265,035▼ 17.1%-€553,466-€127,432▲ 77.0%€746,471
Net result€358,964above the sector's middle half€555,579above the sector's middle half▲ 54.8%-€551,727below the sector's middle half€25,008within the sector's middle half€722,131above the sector's middle half▲ 2,788%
Equity€348,320within the sector's middle half€903,899within the sector's middle half▲ 160%€352,172within the sector's middle half▼ 61.0%€377,180within the sector's middle half▲ 7.1%€1.1mwithin the sector's middle half▲ 191%
Total assets€435,209below the sector's middle half▲ 68.8%€1.2mwithin the sector's middle half▲ 172%€581,627within the sector's middle half▼ 50.8%€432,454below the sector's middle half▼ 25.6%€1.1mwithin the sector's middle half▲ 155%
Debt€86,889▼ 67.6%€278,600▲ 221%€229,454▼ 17.6%€55,274▼ 75.9%€3,797▼ 93.1%
Working capital€344,440within the sector's middle half€893,479above the sector's middle half▲ 159%€375,780within the sector's middle half▼ 57.9%€283,771within the sector's middle half▼ 24.5%€1.0mabove the sector's middle half▲ 265%
Solvency80.0%above the sector's middle half▲ 84.2pp76.4%above the sector's middle half▼ 3.6pp60.5%within the sector's middle half▼ 15.9pp87.2%above the sector's middle half▲ 26.7pp99.7%above the sector's middle half▲ 12.4pp
Current ratio4.96above the sector's middle half▲ 4.008.02above the sector's middle half▲ 3.055.81above the sector's middle half▼ 2.216.13above the sector's middle half▲ 0.33
Return on assets (ROA)82.5%above the sector's middle half▲ 100.2pp47.0%above the sector's middle half▼ 35.5pp-94.9%below the sector's middle half▼ 141.8pp5.8%within the sector's middle half▲ 100.6pp65.5%above the sector's middle half▲ 59.7pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €746,471 after a loss of €127,432 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€64,872 ▼ 30.6%
Current assets
€1.0m ▲ 206%
Equity and liabilities €1.1m
Equity
€1.1m ▲ 191%
Debt
€3,797 ▼ 93.1%
Debt's share of the balance-sheet total falls from 12.8% to 0.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
65.7%▲
2024 · 6.6%
Debt ≤ 1 year
€3,797▼
2024 · €55,274
Income taxes
€25,633▲
2024 · €1,375
A ratio outside any meaningful range has been withheld (balance sheet total €1.1m, equity €1.1m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €11,089 | €34,028 | €34,028 | €34,654 | ▲ 1.8% |
| Other operating charges640/8 | - | €5,634 | €2,366 | €1,745 | €1,747 | ▲ 0.1% |
| Gross operating margin9900 | €319,550 | €281,758 | -€517,072 | -€91,659 | €782,872 | ▲ 954% |
| Operating profit (loss)9901 | €319,550 | €265,035 | -€553,466 | -€127,432 | €746,471 | ▲ 686% |
| Financial income75/76B | €108,951 | €357,179 | €6,878 | €153,910 | €1,571 | ▼ 99.0% |
| Recurring financial income75 | €108,951 | €9,104 | €6,878 | €2,865 | €1,571 | ▼ 45.2% |
| Non-recurring financial income76B | - | €348,075 | - | €151,045 | - | - |
| Financial charges65/66B | €335 | €98 | €3,642 | €96 | €277 | ▲ 190% |
| Recurring financial charges65 | €335 | €98 | €267 | €96 | €277 | ▲ 190% |
| Non-recurring financial charges66B | - | - | €3,375 | - | - | - |
| Profit (loss) for the period before taxes9903 | €428,166 | €622,116 | -€550,230 | €26,382 | €747,765 | ▲ 2,734% |
| Income taxes67/77 | €69,202 | €66,537 | €1,497 | €1,375 | €25,633 | ▲ 1,765% |
| Profit (loss) for the period9904 | €358,964 | €555,579 | -€551,727 | €25,008 | €722,131 | ▲ 2,788% |
| Profit (loss) for the period to be appropriated9905 | €358,964 | €555,579 | -€551,727 | €25,008 | €722,131 | ▲ 2,788% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €435,209 | €1.2m | €581,627 | €432,454 | €1.1m | ▲ 155% |
| Fixed assets21/28 | €3,880 | €161,681 | €127,653 | €93,409 | €64,872 | ▼ 30.6% |
| Tangible fixed assets22/27 | - | €158,465 | €124,437 | €90,409 | €61,872 | ▼ 31.6% |
| Furniture and vehicles24 | - | €158,465 | €124,437 | €90,409 | €61,872 | ▼ 31.6% |
| Financial fixed assets28 | €3,880 | €3,216 | €3,216 | €3,000 | €3,000 | = |
| Current assets29/58 | €431,329 | €1.0m | €453,974 | €339,045 | €1.0m | ▲ 206% |
| Amounts receivable after more than one year29 | €50,000 | €250,000 | €250,000 | - | €317,234 | - |
| Trade receivables290 | €50,000 | €250,000 | €250,000 | - | €317,234 | - |
| Amounts receivable within one year40/41 | €150,000 | €211,228 | €54,184 | €39,993 | €255,400 | ▲ 539% |
| Trade receivables40 | - | €11,228 | €22,820 | €22,820 | €28,429 | ▲ 24.6% |
| Other amounts receivable41 | €150,000 | €200,000 | €31,364 | €17,173 | €226,971 | ▲ 1,222% |
| Cash at bank and in hand54/58 | €231,329 | €549,198 | €134,426 | €296,522 | €462,438 | ▲ 56.0% |
| Deferred charges and accrued income490/1 | - | €10,392 | €15,364 | €2,530 | €3,164 | ▲ 25.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €435,209 | €1.2m | €581,627 | €432,454 | €1.1m | ▲ 155% |
| Equity10/15 | €348,320 | €903,899 | €352,172 | €377,180 | €1.1m | ▲ 191% |
| Contributions10/11 | €35,000 | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Profit (loss) carried forward14 | €313,320 | €868,899 | €317,172 | €342,180 | €1.1m | ▲ 211% |
| Amounts payable17/49 | €86,889 | €278,600 | €229,454 | €55,274 | €3,797 | ▼ 93.1% |
| Amounts payable after more than one year17 | - | €151,261 | €151,261 | - | - | - |
| Financial debts170/4 | - | €151,261 | €151,261 | - | - | - |
| Amounts payable within one year42/48 | €86,889 | €127,339 | €78,194 | €55,274 | €3,797 | ▼ 93.1% |
| Trade debts44 | €9,566 | €54,560 | €76,151 | €52,290 | €2,822 | ▼ 94.6% |
| Suppliers440/4 | €3,700 | €54,560 | €76,151 | €52,290 | €2,822 | ▼ 94.6% |
| Bills of exchange payable441 | €5,866 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €69,202 | €65,787 | €2,043 | €2,984 | €975 | ▼ 67.3% |
| Taxes450/3 | €69,202 | €65,787 | €2,043 | €2,984 | €975 | ▼ 67.3% |
| Other amounts payable47/48 | €8,121 | €6,992 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €358,964 | €555,579 | -€551,727 | €25,008 | €722,131 | ▲ 2,788% |
| + Depreciation and write-downs630 | - | €11,089 | €34,028 | €34,028 | €34,654 | ▲ 1.8% |
| Operating cash flow (approximation) | €358,964 | €566,668 | -€517,699 | €59,036 | €756,785 | ▲ 1,182% |
| Investment in fixed assets (approximation) | - | -€168,890 | €0 | €216 | -€6,117 | ▼ 2,932% |
| Change in cash | - | €317,869 | -€414,772 | €162,096 | €165,917 | ▲ 2.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
State Gazette act
Shareholding · General meeting
Director reappointment · Permanent representative
24-07
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
23-06
State Gazette act
General meeting · Director resignation
23-06
State Gazette act
General meeting · Director resignation
23-06
State Gazette act
General meeting · Director resignation
23-06
State Gazette act
General meeting · Director resignation
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2020net €722,131 ▲2,788%
Operating result €746,471, net result €722,131, both a record.
30-09
Financial
Liquidity times 45current ratio 273.43
Current ratio from 6.13 to 273.43; short-term debt falls from €55,274 to €3,797.
30-09
Financial
Equity above €1mEq €1.1m ▲191%
2 profitable years in a row build equity to €1.1m.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Back to profitnet €25,008
Net result €25,008 after one loss-making year.
Show earlier events
30-04
State Gazette act
General meeting · Share concentration
Director reappointment · Permanent representative
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Weakest financial yearnet -€551,727
Net result drops to -€551,727, the lowest in the series; recovery starts the following year.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Equity above €500,000Eq €903,899 ▲160%
2 profitable years in a row build equity to €903,899.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Back to profitnet €358,964
Net result €358,964 after one loss-making year.
30-09
Financial
Liquidity times 5current ratio 4.96
Current ratio from 0.96 to 4.96; short-term debt falls from €268,500 to €86,889.
30-09
Financial
Equity above €200,000Eq €348,320
Equity rises from -€10,644 to €348,320.
06-07
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
3 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, Waterloo · 1 establishment unit since 2019
Ground area
7,205 m²
Building footprint
347 m²
Volume, LiDAR
2,211 m³
Parcel 25763I0362/00B000, Wallonia · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
54
companies at this address
See who is registered here
1 establishment unit
JL SQUARE
since 20192.291.116.838
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763I0362/00B000 | Wallonia | 7,205 m² | 1 · 347 m² | 10.5 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
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
2 locations
1 location
Similar companies · same sector, comparable size
BORNEM REAL ESTATE
BE 1002.362.465
Bornem · Eq €1,091,788
IMOMO
BE 0472.477.595
Boechout · Eq €1,112,526
FRINVESTCO II
BE 0803.102.788
Antwerpen · Eq €1,133,540
INVESTMA
BE 0466.132.609
Herentals · Eq €1,139,439
Profam
BE 1004.198.339
Ingelmunster · Eq €1,142,267
Of 592 companies in sector 66300 we hold annual accounts for 366. 209 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-06-2019
Fiscal year end30-09
Abbreviation FR
JL2
Activities, NACEBEL 2025
66300Activities auxiliary to financial services and insurance activities
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728815042
Also
9925:BE0728815042
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.