JP&CO 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 €450k and a net result of €290k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 5498 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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 advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
15 d early
2023
7 d early
2022
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€450k▼ 60.0%
2024 · €1.12M
2022: €924k
2023: €1.03M
2024: €1.12M
2022 → 2025
Net result
€290k▲ 199%
2024 · €97k
2022: €776k
2023: €106k
2024: €97k
2022 → 2025
Total assets
€2.02M▼ 0.3%
2024 · €2.03M
2022: €2.28M
2023: €2.10M
2024: €2.03M
2022 → 2025
Solvency
22.3%▼ 33.2pp
2024 · 55.5%
2022: 40.5%
2023: 48.9%
2024: 55.5%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€924k-€1.03M▲ 11.3%€1.12M▲ 9.3%€450k▼ 60.0%
Operating result€116k-€158k▲ 36.1%€144k▼ 8.9%€131k▼ 9.0%
Net result€776k-€106k▼ 86.3%€97k▼ 8.7%€290k▲ 199%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.02M
Fixed assets
€1.92M▼ 3.9%
Current assets
€103k▲ 222%
Equity and liabilities €2.02M
Equity
€450k▼ 60.0%
Debt
€1.57M▲ 74.0%
The debt ratio rises from 44.5% to 77.7%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
22.3%▼
2024 · 55.5%
ROE
64.4%▲
2024 · 8.6%
ROA
14.4%▲
2024 · 4.8%
Debt
€1.57M▲
2024 · €902k
Debt ≤ 1 year
€895k▲
2024 · €145k
Debt > 1 year
€650k▼
2024 · €750k
Income taxes
€22k▼
2024 · €30k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.03M€2.02M▼
Fixed assets21/28€1.99M€1.92M▼
Tangible fixed assets22/27€21k€32k▲
Furniture and vehicles24€21k€14k▼
Other tangible fixed assets26-€18k
Financial fixed assets28€1.97M€1.89M▼
Current assets29/58€32k€103k▲
Amounts receivable after more than one year29-€93k
Other amounts receivable291-€93k
Amounts receivable within one year40/41€25k€9k▼
Trade receivables40€24k-
Other amounts receivable41€1k€9k▲
Cash at bank and in hand54/58€6k-
Deferred charges and accrued income490/1€800€959▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.02M▼
Equity10/15€1.12M€450k▼
Contributions10/11€150k€150k=
Reserves13€975k€300k▼
Distributable reserves133€975k€300k▼
Amounts payable17/49€902k€1.57M▲
Amounts payable after more than one year17€750k€650k▼
Financial debts170/4€750k€650k▼
Amounts payable within one year42/48€145k€895k▲
Current portion of amounts payable after more than one year42€100k€124k▲
Trade debts44€862€6k▲
Suppliers440/4€862€6k▲
Taxes, remuneration and social security45€42k€12k▼
Taxes450/3€42k€12k▼
Other amounts payable47/48€2k€752k▲
Accrued charges and deferred income492/3€7k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€152k€141k▼
Operating profit (loss)9901€144k€131k▼
Financial income75/76B€5€215k▲
Recurring financial income75€5€215k▲
Financial charges65/66B€17k€34k▲
Recurring financial charges65€17k€34k▲
Profit (loss) for the period before taxes9903€127k€312k▲
Income taxes67/77€30k€22k▼
Profit (loss) for the period9904€97k€290k▲
Profit (loss) for the period to be appropriated9905€97k€290k▲
Appropriation of the result
Profit (loss) to be appropriated9906€97k€290k▲
Transfer from equity791/2-€675k
Transfer to equity691/2€96k€109▼
To other reserves6921€96k€109▼
Profit to be distributed694/7€2k€965k▲
Return on contributions (dividend)694€2k€965k▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €97k ▼8.7%
Net result drops to €97k, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €1MEq €1.03M ▲11.3%
2 profitable years in a row build equity to €1.03M.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2021
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.
Karel van Manderstraat(Mar) 368510 KortrijkGround area
1,614 m²
Building footprint
282 m²
Volume, LiDAR
1,551 m³
Parcel 34026A0600/00Z000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JP&CO
since 20212.325.816.510
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0600/00Z000 | Flanders | 1,614 m² | 1 · 282 m² | 8.7 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 509 EUR awarded · 509 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 509 EUR | 509 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 13,675 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2021
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.