JLK
ActiveSummary
The computed 12-month bankruptcy probability of JLK is 5.9% (elevated). The 2024 annual accounts show negative equity (-€62,279) and a net result of -€43,284. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-56
Solvency0▼-18
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.14 in 2023; short-term debt: 78.1% and cash: 0.9% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-27%
Return on assets
-18.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€62,279
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-04-2026, 265 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
265 d late
2023
609 d late
2022
988 d late
2021
136 d late
2020
227 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 374 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€62,279▼ 253%
2023 · -€17,641
Total assets
€230,331▼ 11.1%
2023 · €259,192
Net result
-€43,284
2023 · €21,285
Working capital
-€169,293▼ 33.2%
2023 · -€127,115
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3,266▲ 18.7%-€9,211-€52,730▼ 472%€11,578-€47,825
Net result€3,391▼ 78.4%-€11,954-€44,485▼ 272%€21,285-€43,284
Equity€21,573▲ 10.4%€8,266▼ 61.7%-€37,573-€17,641▲ 53.0%-€62,279▼ 253%
Total assets€319,315▲ 2.1%€315,208▼ 1.3%€281,166▼ 10.8%€259,192▼ 7.8%€230,331▼ 11.1%
Debt€297,742▲ 1.5%€306,942▲ 3.1%€318,739▲ 3.8%€276,833▼ 13.1%€292,611▲ 5.7%
Working capital-€47,414▼ 66.2%-€116,799▼ 146%-€159,022▼ 36.2%-€127,115▲ 20.1%-€169,293▼ 33.2%
Staff (FTE)1.9▲ 90.0%2▲ 5.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €47,825 after €11,578 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €230,331
Fixed assets
€219,696 ▼ 7.7%
Current assets
€10,636 ▼ 49.9%
Key figures and ratios
EBITDA
-€29,554▼
2023 · €30,537
Cash flow
-€25,013▼
2023 · €40,243
Solvency
-27.0%▼
2023 · -6.8%
Current ratio
0.06▼
2023 · 0.14
Debt to equity
-4.70▲
2023 · -15.69
ROA
-18.8%▼
2023 · 8.2%
Interest coverage
-4.46▼
2023 · 3.23
Debt ≤ 1 year
€179,929▲
2023 · €148,339
Debt > 1 year
€112,682▼
2023 · €128,494
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.9% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 6,906 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €27,273 | - | - |
| Remuneration, social security and pensions62 | - | €13,184 | €56,363 | €15,179 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,836 | €20,984 | €23,203 | €18,958 | €18,272 | ▼ 3.6% |
| Other operating charges640/8 | - | €1,512 | €3,371 | €1,988 | €1,529 | ▼ 23.1% |
| Gross operating margin9900 | €46,570 | €26,469 | €30,207 | €47,704 | -€28,025 | ▼ 159% |
| Operating profit (loss)9901 | €3,266 | -€9,211 | -€52,730 | €11,578 | -€47,825 | ▼ 513% |
| Financial income75/76B | - | €6,676 | €20,083 | €19,158 | €11,172 | ▼ 41.7% |
| Recurring financial income75 | €10,675 | €6,676 | €20,083 | €19,158 | €11,172 | ▼ 41.7% |
| Financial charges65/66B | - | €9,419 | €11,838 | €9,452 | €6,631 | ▼ 29.8% |
| Recurring financial charges65 | €10,550 | €9,419 | €11,838 | €9,452 | €6,631 | ▼ 29.8% |
| Profit (loss) for the period before taxes9903 | €3,391 | -€11,954 | -€44,485 | €21,285 | -€43,284 | ▼ 303% |
| Profit (loss) for the period9904 | €3,391 | -€11,954 | -€44,485 | €21,285 | -€43,284 | ▼ 303% |
| Profit (loss) for the period to be appropriated9905 | €3,391 | -€11,954 | -€44,485 | €21,285 | -€43,284 | ▼ 303% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €319,315 | €315,208 | €281,166 | €259,192 | €230,331 | ▼ 11.1% |
| Fixed assets21/28 | €244,139 | €285,676 | €265,308 | €237,967 | €219,696 | ▼ 7.7% |
| Intangible fixed assets21 | €10,869 | €5,198 | - | - | - | - |
| Tangible fixed assets22/27 | €222,230 | €269,438 | €254,268 | €237,967 | €219,696 | ▼ 7.7% |
| Land and buildings22 | - | €196,010 | €187,860 | €181,482 | €172,446 | ▼ 5.0% |
| Furniture and vehicles24 | - | €6,236 | €4,263 | €2,291 | €1,005 | ▼ 56.1% |
| Other tangible fixed assets26 | - | €67,192 | €62,145 | €54,195 | €46,245 | ▼ 14.7% |
| Financial fixed assets28 | €11,040 | €11,040 | €11,040 | - | - | - |
| Current assets29/58 | €75,176 | €29,532 | €15,858 | €21,224 | €10,636 | ▼ 49.9% |
| Amounts receivable within one year40/41 | €43,975 | €15,451 | €12,850 | €12,015 | €5,693 | ▼ 52.6% |
| Trade receivables40 | - | €14,100 | €12,850 | €12,015 | €4,764 | ▼ 60.3% |
| Other amounts receivable41 | - | €1,351 | - | - | €929 | - |
| Cash at bank and in hand54/58 | €28,267 | €13,892 | €8 | €28 | €1,972 | ▲ 6,896% |
| Deferred charges and accrued income490/1 | - | €189 | €3,000 | €9,181 | €2,970 | ▼ 67.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €319,315 | €315,208 | €281,166 | €259,192 | €230,331 | ▼ 11.1% |
| Equity10/15 | €21,573 | €8,266 | -€37,573 | -€17,641 | -€62,279 | ▼ 253% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€30,020 | -€41,973 | -€86,458 | -€65,173 | -€108,458 | ▼ 66.4% |
| Investment grants15 | - | €29,779 | €28,426 | €27,072 | €25,718 | ▼ 5.0% |
| Amounts payable17/49 | €297,742 | €306,942 | €318,739 | €276,833 | €292,611 | ▲ 5.7% |
| Amounts payable after more than one year17 | €173,352 | €158,812 | €143,859 | €128,494 | €112,682 | ▼ 12.3% |
| Financial debts170/4 | - | €158,812 | €143,859 | €128,494 | €112,682 | ▼ 12.3% |
| Amounts payable within one year42/48 | €122,590 | €146,330 | €174,880 | €148,339 | €179,929 | ▲ 21.3% |
| Current portion of amounts payable after more than one year42 | - | €14,541 | €14,953 | €16,706 | €17,848 | ▲ 6.8% |
| Financial debts43 | - | €4,199 | €11,983 | €7,047 | - | - |
| Credit institutions430/8 | - | €4,199 | €11,983 | €7,047 | - | - |
| Trade debts44 | €21,825 | €32,204 | €59,843 | €59,863 | €78,551 | ▲ 31.2% |
| Suppliers440/4 | - | €32,204 | €59,843 | €59,863 | €78,551 | ▲ 31.2% |
| Advances received on contracts in progress46 | - | €6,150 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €63,557 | €68,029 | €50,843 | €51,668 | ▲ 1.6% |
| Taxes450/3 | - | €56,546 | €60,539 | €50,843 | €51,668 | ▲ 1.6% |
| Remuneration and social security454/9 | - | €7,011 | €7,490 | - | - | - |
| Other amounts payable47/48 | - | €25,680 | €20,072 | €13,880 | €31,862 | ▲ 130% |
| Accrued charges and deferred income492/3 | - | €1,800 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,391 | -€11,954 | -€44,485 | €21,285 | -€43,284 | ▼ 303% |
| + Depreciation and write-downs630 | €20,836 | €20,984 | €23,203 | €18,958 | €18,272 | ▼ 3.6% |
| Operating cash flow (approximation) | €24,227 | €9,031 | -€21,282 | €40,243 | -€25,013 | ▼ 162% |
| Investment in fixed assets (approximation) | - | -€62,522 | -€2,835 | €8,383 | €0 | ▼ 100% |
| Change in cash | - | -€14,375 | -€13,884 | €20 | €1,944 | ▲ 9,402% |
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
2026
24-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 01-07-2026
- Registered-office move, Avenue Louise 231 - 1050 Bruxelles
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 265 days late
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 988 days late
01-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 609 days late
2023
31-12
Financial
Back to profitnet €21,285
Net result €21,285 after 2 loss-making years.
2022
31-12
Financial
Weakest financial yearnet -€44,485
Net result drops to -€44,485, the lowest in the series; recovery starts the following year.
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 136 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 227 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 350 days late
2019
31-12
Financial
Back to profitnet €15,700
Net result €15,700 after one loss-making year.
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 3 establishment units since 2014
Ground area
6,314 m²
Building footprint
4,308 m²
Volume, LiDAR
92,700 m³
4 parcels, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
567
companies at this address
See who is registered here
3 establishment units
JLK
since 20142.233.554.662
JLK
since 20202.313.269.163
JLK
since 20232.357.631.124
4 parcels
Brussels
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
| 21447B0296/00Z009 | Brussels | 304 m² | 1 · 205 m² | 19.5 m · 6 fl. |
| 21492B0007/00C009 | Brussels | 256 m² | 1 · 142 m² | 20.4 m · 4 fl. |
| 21447B0216/00L003 | Brussels | 82 m² | 1 · 82 m² | 20.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded30-05-2014
Fiscal year end31-12
Contact
E-mail
mickaeladjad@gmail.comElsene
E-mail
mickaeladjadj@gmail.comKoekelberg
E-invoicing
Reachable via Peppol
Peppol ID
0208:0553501202
Also
9925:BE0553501202
Registered
18-12-2025
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.