Turnover
≈ €490,000 estimated
The accounts state no turnover.
JPI
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €414,814 (2016)
€320,953▼ 7.3%
lowest -€66,599 (2022)
€32,472▲ €44,184
peak €2.4m (2017)
€1.8m▲ 1.9%
€1.8m▼ 7.0%
Board2 names since 2021
2 directorsINGE VERMOESEN and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Back to profit: €32,472
Key points
from the 2025 annual accountsInvestments
€13,792 0.1 × depreciation
Green is investment, beige is depreciation.
Filings
22 annual accounts since 2004
Eight of the last ten came late. The 2022 accounts came latest: 88 days after the end of the period.
Checked score
94
Excellent
Financially stronger than 50% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,523 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025highest value
06-2025: 0.1%▼ -0.5 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▲ +0.1 percentage points vs 08-2025
10-2025: 0.4%▲ +0.1 percentage points vs 09-2025
11-2025: 0.2%▼ -0.2 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €3.7m
Figures for financial year 2025 (filed on 05-09-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 47% of them on solvency, 80% on liquidity, 30% on profitability and 42% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as JPI has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JPI itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for JPI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (1.09 in 2024), below 1. Short-term debt is 9.2% and cash 7.5% of total assets. 51.4% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
71 days late
2023
20 days late
2022
88 days late
2021
17 days late
2020
24 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0863917137
Registered office moved from Knokke-Heist to Aalst
New registered office: Baron Moyersoen Park 25, 9300 Aalst · Previous registered office: Eugène Ysayelaan 20, 8300 Knokke-Heist · General meeting of 16-05-2024 · Gazette deed
Registered office moved from Aalst to Knokke-Heist
New registered office: Eugène Ysayelaan 20, 8300 Knokke-Heist · Previous registered office: Baron Moyersoen Park 25, 9300 AALST · General meeting of 20-02-2023 · Gazette deed
Reappointments: INGE VERMOESEN (director) and JAN PENNE (managing director)
General meeting of 28-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JPI Aalst | €3.7m | €320,953 | 48.6% | - |
| M. MELIS Ghent | €4.2m | €291,908 | 41.3% | - |
| IncaF Maarkedal | €3.7m | €281,214 | 89.8% | - |
| Baeyens Management Dendermonde | €3.2m | €341,127 | 74.0% | - |
| CHARMAT Haaltert | €3.8m | €271,206 | 23.5% | - |
| JF-project Beveren-Kruibeke-Zwijndrecht | €4.4m | €355,165 | 85.3% | - |
| BOUCKAERT & DIERICKX en Partners Nazareth-De Pinte | €4.5m | €276,548 | 12.7% | - |
These companies have the same main activity as JPI: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.2m and €4.5m, founded between 2001 and 2006.
Official details
Source: KBO- Status
- Active since 09-03-2004Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.342.700.0529300 Aalst, since 09-03-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 14-04-2026
Insights on JPI
JPI files the abbreviated format. That format states no turnover. The gross margin rose from €166,172 in 2006 to €320,953 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets.
In November 2022, the Official Gazette published the appointment of JAN PENNE as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JPI
- What is the company number of JPI?
- The company number of JPI is 0863.917.137. The VAT number is the same number with BE in front: BE 0863.917.137.
- Where is JPI based?
- The registered office is at Baron Romain Moyersoen Park 25, 9300 Aalst.Company details
- What does JPI do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of JPI?
- JPI is a public limited company (NV).
- When was JPI founded?
- JPI was founded on 09-03-2004.
- Is JPI still active?
- Yes, JPI is an active enterprise in the KBO register.
- What is the turnover of JPI?
- The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €320,953 and 74 comparable companies (NACE 70200). It probably lies between €380,000 and €890,000.Financials
- Is JPI profitable?
- In financial year 2025, JPI made a profit of €32,472.
- Where can I find the annual accounts of JPI?
- JPI filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JPI due?
- JPI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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