JORIMMO
InactiveSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-07-2023, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
5 d early
2021
5 d early
2020
5 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 4 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)
Financials · fiscal year 2022, abbreviated schema
Equity
€109,529▲ 5.5%
2021 · €103,826
Total assets
€116,149▲ 9.0%
2021 · €106,583
Net result
€5,703▼ 21.1%
2021 · €7,228
Working capital
€63,693▲ 15.4%
2021 · €55,201
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€7,018-€7,477▲ 6.5%€5,519▼ 26.2%€9,913▲ 79.6%€7,825▼ 21.1%
Net result€4,779-€5,108▲ 6.9%€4,014▼ 21.4%€7,228▲ 80.1%€5,703▼ 21.1%
Equity€87,475-€92,584▲ 5.8%€96,598▲ 4.3%€103,826▲ 7.5%€109,529▲ 5.5%
Total assets€94,662-€94,923▲ 0.3%€100,394▲ 5.8%€106,583▲ 6.2%€116,149▲ 9.0%
Debt€7,187-€2,339▼ 67.5%€3,796▲ 62.3%€2,757▼ 27.4%€6,619▲ 140%
Working capital€27,695-€36,521▲ 31.9%€44,254▲ 21.2%€55,201▲ 24.7%€63,693▲ 15.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 21% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €116,149
Fixed assets
€45,836 ▼ 5.7%
Current assets
€70,313 ▲ 21.3%
Equity and liabilities €116,149
Equity
€109,529 ▲ 5.5%
Debt
€6,619 ▲ 140%
Debt's share of the balance-sheet total rises from 2.6% to 5.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,614▼
2021 · €13,632
Cash flow
€8,492▼
2021 · €10,947
Current ratio
10.62▼
2021 · 21.02
Debt to equity
0.06▲
2021 · 0.03
ROE
5.2%▼
2021 · 7.0%
ROA
4.9%▼
2021 · 6.8%
Interest coverage
221.13▼
2021 · 244.43
Debt ≤ 1 year
€6,619▲
2021 · €2,757
Income taxes
€2,074▼
2021 · €2,629
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,719 | €3,719 | €3,719 | €3,719 | €2,789 | ▼ 25.0% |
| Other operating charges640/8 | - | - | - | €3,420 | €2,348 | ▼ 31.3% |
| Gross operating margin9900 | €12,677 | €13,046 | €14,681 | €17,052 | €12,962 | ▼ 24.0% |
| Operating profit (loss)9901 | €7,018 | €7,477 | €5,519 | €9,913 | €7,825 | ▼ 21.1% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | €0 | - | €0 | - | - |
| Financial charges65/66B | - | - | - | €56 | €48 | ▼ 13.9% |
| Recurring financial charges65 | €52 | €30 | €48 | €56 | €48 | ▼ 13.9% |
| Profit (loss) for the period before taxes9903 | €6,966 | €7,447 | €5,471 | €9,857 | €7,777 | ▼ 21.1% |
| Income taxes67/77 | €2,187 | €2,339 | €1,457 | €2,629 | €2,074 | ▼ 21.1% |
| Profit (loss) for the period9904 | €4,779 | €5,108 | €4,014 | €7,228 | €5,703 | ▼ 21.1% |
| Profit (loss) for the period to be appropriated9905 | €4,779 | €5,108 | €4,014 | €7,228 | €5,703 | ▼ 21.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,662 | €94,923 | €100,394 | €106,583 | €116,149 | ▲ 9.0% |
| Fixed assets21/28 | €59,781 | €56,062 | €52,344 | €48,625 | €45,836 | ▼ 5.7% |
| Tangible fixed assets22/27 | €59,781 | €56,062 | €52,344 | €48,625 | €45,836 | ▼ 5.7% |
| Land and buildings22 | - | - | - | €48,625 | €45,836 | ▼ 5.7% |
| Current assets29/58 | €34,881 | €38,861 | €48,050 | €57,958 | €70,313 | ▲ 21.3% |
| Amounts receivable within one year40/41 | - | €25,000 | €37,500 | €37,500 | €37,500 | = |
| Other amounts receivable41 | - | - | - | €37,500 | €37,500 | = |
| Cash at bank and in hand54/58 | €34,663 | €13,633 | €10,287 | €20,168 | €31,516 | ▲ 56.3% |
| Deferred charges and accrued income490/1 | - | - | - | €290 | €1,296 | ▲ 346% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,662 | €94,923 | €100,394 | €106,583 | €116,149 | ▲ 9.0% |
| Equity10/15 | €87,475 | €92,584 | €96,598 | €103,826 | €109,529 | ▲ 5.5% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | = |
| Reserves13 | €21,150 | €21,150 | €31,150 | €36,150 | €46,150 | ▲ 27.7% |
| Non-distributable reserves130/1 | - | - | - | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | = |
| Distributable reserves133 | - | - | - | €30,000 | €40,000 | ▲ 33.3% |
| Profit (loss) carried forward14 | €4,825 | €9,934 | €3,948 | €6,176 | €1,879 | ▼ 69.6% |
| Amounts payable17/49 | €7,187 | €2,339 | €3,796 | €2,757 | €6,619 | ▲ 140% |
| Amounts payable within one year42/48 | €7,187 | €2,339 | €3,796 | €2,757 | €6,619 | ▲ 140% |
| Trade debts44 | - | - | - | €128 | €1,916 | ▲ 1,397% |
| Suppliers440/4 | - | - | - | €128 | €1,916 | ▲ 1,397% |
| Taxes, remuneration and social security45 | - | - | - | €2,629 | €4,703 | ▲ 78.9% |
| Taxes450/3 | - | - | - | €2,629 | €4,703 | ▲ 78.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,779 | €5,108 | €4,014 | €7,228 | €5,703 | ▼ 21.1% |
| + Depreciation and write-downs630 | €3,719 | €3,719 | €3,719 | €3,719 | €2,789 | ▼ 25.0% |
| Operating cash flow (approximation) | €8,498 | €8,827 | €7,733 | €10,947 | €8,492 | ▼ 22.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€21,030 | -€3,346 | €9,880 | €11,348 | ▲ 14.9% |
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
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €7,228 ▲80.1%
Operating result €9,913, net result €7,228, both a record.
31-12
Financial
Equity above €100,000Eq €103,826 ▲7.5%
4 profitable years in a row build equity to €103,826.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €4,014 ▼21.4%
Net result drops to €4,014, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 16.61
Current ratio from 4.85 to 16.61; short-term debt falls from €7,187 to €2,339.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: PRICE & QUALITY INVEST. The sources do not say who stands above it.
Owners 1
- PRICE & QUALITYparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.