JPL CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of JPL CONCEPT is 1.9% (moderate). The 2025 annual accounts show equity of €18,732 and a net result of €1,486. Equity is growing by ~56.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 13683 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-13
Solvency59▲+4
Growth85=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.28 in 2024; short-term debt: 65.9% and cash: 10.7% of total assets), and 65.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.1%
Return on assets
2.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
47 d late
2023
37 d early
2022
28 d late
2021
5 d late
2020
53 d late
2019
383 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 65 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 August (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
€44,124▲ 70.1%
2018 · €25,937
EBIT margin
36.2%▲ 82.8pp
2018 · -46.6%
Net result
€1,486▼ 79.6%
2024 · €7,285
Working capital
€16,037▲ 44.4%
2024 · €11,105
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€247▼ 94.0%€11,608▲ 4,606%€11,328▼ 2.4%€10,427▼ 8.0%€2,215▼ 78.8%
Net result€90within the sector's middle half▼ 97.8%€9,785within the sector's middle half▲ 10,731%€8,791within the sector's middle half▼ 10.2%€7,285within the sector's middle half▼ 17.1%€1,486within the sector's middle half▼ 79.6%
EBIT margin
Equity-€8,615below the sector's middle half▲ 1.0%€1,169within the sector's middle half€9,961within the sector's middle half▲ 752%€17,246within the sector's middle half▲ 73.1%€18,732within the sector's middle half▲ 8.6%
Total assets€22,098below the sector's middle half▼ 26.0%€39,546below the sector's middle half▲ 79.0%€62,541within the sector's middle half▲ 58.1%€57,309within the sector's middle half▼ 8.4%€54,872within the sector's middle half▼ 4.3%
Debt€30,713▼ 20.4%€38,377▲ 25.0%€52,580▲ 37.0%€40,063▼ 23.8%€36,140▼ 9.8%
Working capital-€17,976within the sector's middle half▲ 11.6%-€5,932within the sector's middle half▲ 67.0%€5,120within the sector's middle half€11,105within the sector's middle half▲ 117%€16,037within the sector's middle half▲ 44.4%
Solvency-39.0%below the sector's middle half▼ 9.8pp3.0%within the sector's middle half▲ 41.9pp15.9%within the sector's middle half▲ 13.0pp30.1%within the sector's middle half▲ 14.2pp34.1%within the sector's middle half▲ 4.0pp
Current ratio0.41below the sector's middle half▼ 0.060.85within the sector's middle half▲ 0.431.10within the sector's middle half▲ 0.251.28within the sector's middle half▲ 0.181.44within the sector's middle half▲ 0.17
Return on assets (ROA)0.4%within the sector's middle half▼ 13.1pp24.7%above the sector's middle half▲ 24.3pp14.1%within the sector's middle half▼ 10.7pp12.7%within the sector's middle half▼ 1.3pp2.7%within the sector's middle half▼ 10.0pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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 three years in a row; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,872
Fixed assets
€2,695 ▼ 56.1%
Current assets
€52,177 ▲ 2.0%
Equity and liabilities €54,872
Equity
€18,732 ▲ 8.6%
Debt
€36,140 ▼ 9.8%
Debt's share of the balance-sheet total falls from 69.9% to 65.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5,660▼
2024 · €12,746
Cash flow
€4,932▼
2024 · €9,604
Debt to equity
1.93▼
2024 · 2.32
ROE
7.9%▼
2024 · 42.2%
Interest coverage
30.23▼
2024 · 82.00
Debt ≤ 1 year
€36,140▼
2024 · €40,063
Income taxes
€541▼
2024 · €2,986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 17,040 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €4,347 | €5,333 | €4,231 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,260 | €2,260 | €2,260 | €2,319 | €3,445 | ▲ 48.6% |
| Other operating charges640/8 | €2,140 | €429 | €465 | €426 | €461 | ▲ 8.2% |
| Gross operating margin9900 | €8,993 | €19,631 | €18,284 | €13,171 | €6,121 | ▼ 53.5% |
| Operating profit (loss)9901 | €247 | €11,608 | €11,328 | €10,427 | €2,215 | ▼ 78.8% |
| Financial charges65/66B | €156 | €145 | €131 | €155 | €187 | ▲ 20.5% |
| Recurring financial charges65 | €156 | €145 | €131 | €155 | €187 | ▲ 20.5% |
| Profit (loss) for the period before taxes9903 | €90 | €11,463 | €11,197 | €10,271 | €2,028 | ▼ 80.3% |
| Income taxes67/77 | - | €1,678 | €2,406 | €2,986 | €541 | ▼ 81.9% |
| Profit (loss) for the period9904 | €90 | €9,785 | €8,791 | €7,285 | €1,486 | ▼ 79.6% |
| Profit (loss) for the period to be appropriated9905 | €90 | €9,785 | €8,791 | €7,285 | €1,486 | ▼ 79.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,098 | €39,546 | €62,541 | €57,309 | €54,872 | ▼ 4.3% |
| Fixed assets21/28 | €9,361 | €7,101 | €4,841 | €6,140 | €2,695 | ▼ 56.1% |
| Tangible fixed assets22/27 | €8,861 | €6,601 | €4,341 | €5,640 | €2,195 | ▼ 61.1% |
| Plant, machinery and equipment23 | - | - | - | €920 | €445 | ▼ 51.6% |
| Furniture and vehicles24 | €8,861 | €6,601 | €4,341 | €4,720 | €1,750 | ▼ 62.9% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €12,737 | €32,445 | €57,700 | €51,169 | €52,177 | ▲ 2.0% |
| Amounts receivable within one year40/41 | €4,171 | €24,027 | €18,693 | €34,063 | €44,400 | ▲ 30.3% |
| Trade receivables40 | €3,606 | €24,027 | €17,439 | €34,063 | €44,400 | ▲ 30.3% |
| Other amounts receivable41 | €565 | - | €1,254 | - | - | - |
| Cash at bank and in hand54/58 | €6,835 | €8,418 | €37,655 | €17,106 | €5,895 | ▼ 65.5% |
| Deferred charges and accrued income490/1 | €1,732 | - | €1,353 | - | €1,883 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,098 | €39,546 | €62,541 | €57,309 | €54,872 | ▼ 4.3% |
| Equity10/15 | -€8,615 | €1,169 | €9,961 | €17,246 | €18,732 | ▲ 8.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €421 | €421 | €421 | €7,707 | €7,707 | = |
| Non-distributable reserves130/1 | €421 | €421 | €421 | €620 | €620 | = |
| Reserves not available under the articles1311 | - | €421 | €421 | €620 | €620 | = |
| Other1319 | €421 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €7,087 | €7,087 | = |
| Profit (loss) carried forward14 | -€15,237 | -€5,452 | €3,339 | €3,339 | €4,826 | ▲ 44.5% |
| Amounts payable17/49 | €30,713 | €38,377 | €52,580 | €40,063 | €36,140 | ▼ 9.8% |
| Amounts payable within one year42/48 | €30,713 | €38,377 | €52,580 | €40,063 | €36,140 | ▼ 9.8% |
| Trade debts44 | €424 | €902 | €1,170 | €3,399 | €823 | ▼ 75.8% |
| Suppliers440/4 | €424 | €902 | €1,170 | €3,399 | €823 | ▼ 75.8% |
| Taxes, remuneration and social security45 | €638 | €5,234 | €2,791 | €6,315 | €5,513 | ▼ 12.7% |
| Taxes450/3 | - | €4,320 | €2,414 | €6,315 | €5,513 | ▼ 12.7% |
| Remuneration and social security454/9 | €638 | €914 | €378 | - | - | - |
| Other amounts payable47/48 | €29,651 | €32,241 | €48,619 | €30,349 | €29,804 | ▼ 1.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90 | €9,785 | €8,791 | €7,285 | €1,486 | ▼ 79.6% |
| + Depreciation and write-downs630 | €2,260 | €2,260 | €2,260 | €2,319 | €3,445 | ▲ 48.6% |
| Operating cash flow (approximation) | €2,350 | €12,045 | €11,051 | €9,604 | €4,932 | ▼ 48.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€3,618 | €0 | ▲ 100% |
| Change in cash | - | €1,584 | €29,236 | -€20,549 | -€11,211 | ▲ 45.4% |
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
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 383 days late
18-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 749 days late
18-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1114 days late
2019
31-12
Financial
Back to profitnet €14,698
Net result €14,698 after one loss-making year.
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 220 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 1992
Ground area
305 m²
Building footprint
160 m²
Volume, LiDAR
1,764 m³
2 parcels, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LE PIC DU MIDI
since 19922.057.285.866
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0014/00Z002 | Brussels | 208 m² | 1 · 81 m² | 14.9 m · 4 fl. |
| 21011A0014/00W002 | Brussels | 97 m² | 1 · 79 m² | 15.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9845007C7CC3B87T8667
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Of 21,835 companies in sector 56112 we hold annual accounts for 9,777. 7,993 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46900Non-specialised wholesale trade
81220Other building cleaning and industrial cleaning
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446659759
Also
9925:BE0446659759
Registered
01-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.