Skip to content

JPCHD

Active
Private limited companyfounded 2024active for 2 yearsRue Grégoire Decorte(K) 139, 7540 Tournai, BelgiumKBO/BCE: BE 1014.651.078
Summary

The computed 12-month bankruptcy probability of JPCHD is 1.7% (moderate). The 2025 annual accounts show equity of €189,363 and a net result of -€60,544. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
€189,363
Total assets
€209,567
Net result
-€60,544
Working capital
-€18,706

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €209,567
Fixed assets €208,070
Current assets €1,498
Equity and liabilities €209,567
Equity €189,363
Debt €20,204
Debt finances 9.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€18,428
Cash flow
-€18,459
Current ratio
0.07
Debt to equity
0.11
ROE
-32.0%
ROA
-28.9%
Interest coverage
-606.59
Debt ≤ 1 year
€20,204

Peer companies

Historical observation

Of the 3,223 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 87.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.4% went bankrupt
8.7% stopped otherwise
87.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 3,223 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
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€209,567
Fixed assets21/28€208,070
Intangible fixed assets21€60,071
Tangible fixed assets22/27€147,999
Land and buildings22€147,999
Current assets29/58€1,498
Amounts receivable within one year40/41€1,157
Trade receivables40€1,157
Cash at bank and in hand54/58€341
Equity and liabilities
Total equity and liabilities10/49€209,567
Equity10/15€189,363
Contributions10/11€41,050
Contributions outside capital11€41,050
Other1109/19€41,050
Reserves13€166,305
Non-distributable reserves130/1€4,105
Reserves not available under the articles1311€4,105
Tax-exempt reserves132€8,762
Distributable reserves133€153,438
Profit (loss) carried forward14-€17,992
Amounts payable17/49€20,204
Amounts payable within one year42/48€20,204
Other amounts payable47/48€20,204
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,085
Other operating charges640/8€12,775
Gross operating margin9900-€5,654
Operating profit (loss)9901-€60,513
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903-€60,544
Profit (loss) for the period9904-€60,544
Profit (loss) for the period to be appropriated9905-€60,544
Appropriation of the result
Profit (loss) to be appropriated9906-€17,992
Profit (loss) brought forward from the previous period14P€42,552

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,085
Other operating charges640/8€12,775
Gross operating margin9900-€5,654
Operating profit (loss)9901-€60,513
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903-€60,544
Profit (loss) for the period9904-€60,544
Profit (loss) for the period to be appropriated9905-€60,544
Line2025
Assets
Total assets20/58€209,567
Fixed assets21/28€208,070
Intangible fixed assets21€60,071
Tangible fixed assets22/27€147,999
Land and buildings22€147,999
Current assets29/58€1,498
Amounts receivable within one year40/41€1,157
Trade receivables40€1,157
Cash at bank and in hand54/58€341
Equity and liabilities
Total equity and liabilities10/49€209,567
Equity10/15€189,363
Contributions10/11€41,050
Contributions outside capital11€41,050
Other1109/19€41,050
Reserves13€166,305
Non-distributable reserves130/1€4,105
Reserves not available under the articles1311€4,105
Tax-exempt reserves132€8,762
Distributable reserves133€153,438
Profit (loss) carried forward14-€17,992
Amounts payable17/49€20,204
Amounts payable within one year42/48€20,204
Other amounts payable47/48€20,204
Line2025
Profit (loss) for the period9904-€60,544
+ Depreciation and write-downs630€42,085
Operating cash flow (approximation)-€18,459

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 10-05-2026 2026-00108398

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.