JN Solutions

Active

Private limited companyfounded 20215 yrs activeSchoolstraat 31, 3670 Oudsbergen, BelgiumKBO/BCE: BE 0763.366.937

The computed 12-month bankruptcy probability of JN Solutions is 3.0% (moderate). The 2024 annual accounts show equity of €91k and a net result of €-147. Equity is growing by ~35% per year across the filed fiscal years. Its solvency ranks better than 37% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

56 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability69▼-15

Solvency60▼-1

Growth52▼-26

Track record94

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity tight (current ratio 1.01 against 1.18 in 2023; short-term debt: 29.5% and cash: 18.2% of total assets), and 64.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

35.4%

Return on assets

-0.1%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

34 d early

2023

40 d early

2022

47 d early

2021

30 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€91k▼ 0.2%

2023 · €91k

2021: €24k 2022: €61k 2023: €91k

2021 → 2024

Total assets

€258k▲ 1.8%

2023 · €253k

2021: €100k 2022: €155k 2023: €253k

2021 → 2024

Net result

€-147

2023 · €31k

2021: €19k 2022: €37k 2023: €31k

2021 → 2024

Working capital

€433▼ 98.0%

2023 · €21k

2021: €-17k 2022: €3k 2023: €21k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€24k-€61k▲ 153%€91k▲ 50.6%€91k▼ 0.2%

Operating result€24k-€48k▲ 103%€45k▼ 5.2%€3k▼ 93.9%

Net result€19k-€37k▲ 94.0%€31k▼ 16.4%€-147

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 94% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €258k

70.3%

29.7%

Fixed assets €181k▲ 55.9%

Current assets €77k▼ 44.1%

Equity and liabilities €258k

35.4%

64.6%

Equity €91k▼ 0.2%

Debt €167k▲ 2.9%

The debt ratio rises from 63.9% to 64.6%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€42k▼

2023 · €72k

Cash flow

€39k▼

2023 · €58k

Solvency

35.4%▼

2023 · 36.1%

Current ratio

1.01▼

2023 · 1.18

Quick ratio

0.97▼

2023 · 1.18

Debt / equity

1.83▲

2023 · 1.77

ROE

-0.2%▼

2023 · 33.6%

ROA

-0.1%▼

2023 · 12.1%

Interest coverage

11.38▼

2023 · 56.68

Debt

€167k▲

2023 · €162k

Debt ≤ 1 year

€76k▼

2023 · €116k

Debt > 1 year

€91k▲

2023 · €46k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€253k€258k▲

Fixed assets21/28€116k€181k▲

Tangible fixed assets22/27€116k€181k▲

Land and buildings22-€73k

Plant, machinery and equipment23€50k€49k▼

Furniture and vehicles24€66k€59k▼

Financial fixed assets28€400€400=

Current assets29/58€137k€77k▼

Stocks and contracts in progress3-€3k

Stocks30/36-€3k

Amounts receivable within one year40/41€69k€17k▼

Trade receivables40€55k€8k▼

Other amounts receivable41€13k€8k▼

Current investments50/53€10k€5k▼

Cash at bank and in hand54/58€54k€47k▼

Deferred charges and accrued income490/1€4k€5k▲

Equity and liabilities

Total equity and liabilities10/49€253k€258k▲

Equity10/15€91k€91k▼

Contributions10/11€5k€5k=

Reserves13€86k€86k=

Distributable reserves133€86k€86k=

Profit (loss) carried forward14-€-147

Amounts payable17/49€162k€167k▲

Amounts payable after more than one year17€46k€91k▲

Financial debts170/4€46k€91k▲

Amounts payable within one year42/48€116k€76k▼

Current portion of amounts payable after more than one year42€15k€22k▲

Trade debts44€69k€10k▼

Suppliers440/4€69k€10k▼

Taxes, remuneration and social security45€14k€17k▲

Taxes450/3€14k€14k▼

Remuneration and social security454/9-€4k

Other amounts payable47/48€18k€26k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€39k▲

Other operating charges640/8€751€1k▲

Non-recurring operating charges66A-€3k

Gross operating margin9900€73k€46k▼

Operating profit (loss)9901€45k€3k▼

Financial income75/76B€86€744▲

Recurring financial income75€86€744▲

Financial charges65/66B€1k€4k▲

Recurring financial charges65€1k€4k▲

Profit (loss) for the period before taxes9903€44k€-147▼

Income taxes67/77€14k-

Profit (loss) for the period9904€31k€-147▼

Profit (loss) for the period to be appropriated9905€31k€-147▼

Appropriation of the result

Profit (loss) to be appropriated9906€31k€-147▼

Transfer to equity691/2€31k-

To other reserves6921€31k-

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

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-147 ▼100%

Net result drops to €-147, the lowest in the series.

21-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

14-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2021net €37k ▲94%

Operating result €48k, net result €37k, both a record.

01-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Oudsbergen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Schoolstraat 313670 Oudsbergen

Ground area

1,794 m²

Building footprint

123 m²

Parcel 72008A0107/00N002, Flanders. Linked by address, not a title deed.

1 establishment unit

JN Solutions

Schoolstraat 31, 3670 OudsbergenManufacture of metal structures and parts of structures

since 20212.313.105.451

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72008A0107/00N002	Flanders	1,794 m²	1 · 123 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

ELECTRICAL & NETWORK SOLUTIONS

Heusden-Zolder · Eq €91k

HENDRICKX P. ELECTRICITE

BE 0428.264.502

Elsene · Eq €91k

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,824 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-02-2021

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

25110Manufacture of metal structures and parts of structures

43212Electrical installation work in industrial facilities

43990Other specialised construction activities

43999Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.