JRJN
ActiveSummary
The computed 12-month bankruptcy probability of JRJN is 6.6% (elevated). The 2024 annual accounts show negative equity (-€16,618) and a net result of -€8,107. Equity is shrinking by ~44.6% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-63
Solvency0=
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.73 in 2023; short-term debt: 185.5% and cash: 3.5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-85.5%
Return on assets
-41.7%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 15-06-2026, 46 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
46 d early
2024
31 d early
2023
36 d early
2022
14 d early
2021
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€16,618▼ 95.3%
2023 · -€8,511
Total assets
€19,442▼ 40.6%
2023 · €32,704
Net result
-€8,107▼ 1,531%
2023 · -€497
Working capital
-€18,140▼ 65.0%
2023 · -€10,994
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€7,616--€3,144▲ 58.7%-€395▲ 87.4%-€8,041▼ 1,937%
Net result-€7,635below the sector's middle half--€3,379within the sector's middle half▲ 55.7%-€497within the sector's middle half▲ 85.3%-€8,107below the sector's middle half▼ 1,531%
Equity-€4,635below the sector's middle half--€8,014below the sector's middle half▼ 72.9%-€8,511below the sector's middle half▼ 6.2%-€16,618below the sector's middle half▼ 95.3%
Total assets€23,830below the sector's middle half-€35,506below the sector's middle half▲ 49.0%€32,704below the sector's middle half▼ 7.9%€19,442below the sector's middle half▼ 40.6%
Debt€28,465-€43,520▲ 52.9%€41,215▼ 5.3%€36,060▼ 12.5%
Working capital-€9,040within the sector's middle half--€11,458within the sector's middle half▼ 26.7%-€10,994within the sector's middle half▲ 4.0%-€18,140within the sector's middle half▼ 65.0%
Solvency-19.5%below the sector's middle half--22.6%below the sector's middle half▼ 3.1pp-26.0%below the sector's middle half▼ 3.5pp-85.5%below the sector's middle half▼ 59.5pp
Current ratio0.68within the sector's middle half-0.74within the sector's middle half▲ 0.050.73within the sector's middle half=0.50below the sector's middle half▼ 0.24
Return on assets (ROA)-32.0%below the sector's middle half--9.5%below the sector's middle half▲ 22.5pp-1.5%within the sector's middle half▲ 8.0pp-41.7%below the sector's middle half▼ 40.2pp
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, 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 stays negative: a loss of €8,041 in 2024 against €395 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €19,442
Fixed assets
€1,522 ▼ 38.7%
Current assets
€17,920 ▼ 40.7%
Key figures and ratios
EBITDA
-€7,080▼
2023 · €566
Cash flow
-€7,146▼
2023 · €464
Quick ratio
0.03▼
2023 · 0.17
Debt to equity
-2.17▲
2023 · -4.84
Interest coverage
-103.61▼
2023 · 5.54
Debt ≤ 1 year
€36,060▼
2023 · €41,215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.6% 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 497,338 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% | 1.9% |
| 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 6,010 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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €400 | €961 | €961 | €961 | = |
| Other operating charges640/8 | €347 | - | - | €350 | - |
| Gross operating margin9900 | -€6,869 | -€2,183 | €566 | -€6,730 | ▼ 1,288% |
| Operating profit (loss)9901 | -€7,616 | -€3,144 | -€395 | -€8,041 | ▼ 1,937% |
| Financial income75/76B | - | - | - | €2 | - |
| Recurring financial income75 | - | - | - | €2 | - |
| Financial charges65/66B | €19 | €235 | €102 | €68 | ▼ 33.2% |
| Recurring financial charges65 | €19 | €235 | €102 | €68 | ▼ 33.2% |
| Profit (loss) for the period before taxes9903 | -€7,635 | -€3,379 | -€497 | -€8,107 | ▼ 1,531% |
| Profit (loss) for the period9904 | -€7,635 | -€3,379 | -€497 | -€8,107 | ▼ 1,531% |
| Profit (loss) for the period to be appropriated9905 | -€7,635 | -€3,379 | -€497 | -€8,107 | ▼ 1,531% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23,830 | €35,506 | €32,704 | €19,442 | ▼ 40.6% |
| Fixed assets21/28 | €4,405 | €3,444 | €2,483 | €1,522 | ▼ 38.7% |
| Intangible fixed assets21 | - | - | - | €1,522 | - |
| Tangible fixed assets22/27 | €4,405 | €3,444 | €2,483 | - | - |
| Plant, machinery and equipment23 | €4,405 | €3,444 | €2,483 | - | - |
| Current assets29/58 | €19,425 | €32,062 | €30,221 | €17,920 | ▼ 40.7% |
| Stocks and contracts in progress3 | €16,877 | €24,446 | €23,098 | €16,936 | ▼ 26.7% |
| Stocks30/36 | €16,877 | €24,446 | €23,098 | €16,936 | ▼ 26.7% |
| Amounts receivable within one year40/41 | €2,397 | €3,383 | €311 | €295 | ▼ 5.3% |
| Trade receivables40 | - | - | - | €274 | - |
| Other amounts receivable41 | €2,397 | €3,383 | €311 | €21 | ▼ 93.3% |
| Cash at bank and in hand54/58 | €151 | €3,211 | €6,812 | €689 | ▼ 89.9% |
| Deferred charges and accrued income490/1 | - | €1,022 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23,830 | €35,506 | €32,704 | €19,442 | ▼ 40.6% |
| Equity10/15 | -€4,635 | -€8,014 | -€8,511 | -€16,618 | ▼ 95.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€7,635 | -€11,014 | -€11,511 | -€19,618 | ▼ 70.4% |
| Amounts payable17/49 | €28,465 | €43,520 | €41,215 | €36,060 | ▼ 12.5% |
| Amounts payable within one year42/48 | €28,465 | €43,520 | €41,215 | €36,060 | ▼ 12.5% |
| Trade debts44 | - | €2,943 | €563 | €1,777 | ▲ 215% |
| Suppliers440/4 | - | €2,943 | €563 | €1,777 | ▲ 215% |
| Other amounts payable47/48 | €28,465 | €40,577 | €40,651 | €34,283 | ▼ 15.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,635 | -€3,379 | -€497 | -€8,107 | ▼ 1,531% |
| + Depreciation and write-downs630 | €400 | €961 | €961 | €961 | = |
| Operating cash flow (approximation) | -€7,235 | -€2,418 | €464 | -€7,146 | ▼ 1,640% |
| Investment in fixed assets (approximation) | - | €0 | -€0 | €0 | ▲ 100% |
| Change in cash | - | €3,060 | €3,601 | -€6,122 | ▼ 270% |
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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€8,107
Net result drops to -€8,107, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are 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, Chaudfontaine · 2 establishment units since 2021
Ground area
5,145 m²
Building footprint
3,390 m²
Volume, LiDAR
37,451 m³
2 parcels, Wallonia · tallest building 22.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
VALEVERO
since 20212.317.909.525
Les Petits Midis
since 20262.385.272.362
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030A0339/00Z002 | Wallonia | 4,956 m² | 1 · 3,336 m² | 22.1 m · 3 fl. |
| 62030A0213/00F000 | Wallonia | 189 m² | 1 · 55 m² | - |
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
Food safety, FASFC
1 siteChaudfontaine2.317.909.525
Similar companies · same sector and region
ANIMALBOOST
BE 0544.979.751
Aywaille
AVIETA
BE 0424.858.713
Wanze
BALDASSARI FOODS
BE 0439.444.543
Liège
BELOURTHE
BE 0877.958.381
Hamoir
CANDY PACK BELGIUM
BE 0809.543.588
Verviers
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 395 companies in sector 10890 we hold annual accounts for 225. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
10890Manufacture of food products
56112Limited-service restaurants, excluding mobile food services
13990Manufacture of textiles
14210Manufacture of outerwear
47120Other non-specialised retail sale
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47722Retail trade
47770Retail sale of watches and jewellery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0767929697
Also
9925:BE0767929697
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.