JRN Invest
ActiveSummary
JRN Invest has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €712k and a net result of €-13k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+5
Solvency40▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.14 in 2024; short-term debt: 26.4% and cash: 0.1% of total assets), and 84.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
15.4%
Return on assets
-0.3%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-13k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
5 d late
2023
5 d early
2022
17 d early
2021
10 d early
2020
2 d early
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€712k▼ 1.8%
2024 · €725k
2018: €77k
2019: €212k
2020: €295k
2021: €725k
2022: €826k
2023: €762k
2024: €725k
2018 → 2025
Total assets
€4.61M▼ 11.4%
2024 · €5.20M
2018: €358k
2019: €708k
2020: €837k
2021: €1.77M
2022: €5.01M
2023: €5.19M
2024: €5.20M
2018 → 2025
Net result
€-13k▲ 65.3%
2024 · €-38k
2018: €57k
2019: €135k
2020: €83k
2021: €430k
2022: €-74k
2023: €-64k
2024: €-38k
2018 → 2025
Working capital
€-1.05M▲ 4.1%
2024 · €-1.10M
2018: €52k
2019: €70k
2020: €3k
2021: €359k
2022: €-681k
2023: €-890k
2024: €-1.10M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€725k-€826k▲ 14.0%€762k▼ 7.7%€725k▼ 4.9%€712k▼ 1.8%
Operating result€549k-€-46k€-29k▲ 37.9%€35k€49k▲ 38.4%
Net result€430k-€-74k€-64k▲ 13.5%€-38k▲ 41.0%€-13k▲ 65.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.61M
Fixed assets
€4.44M ▼ 11.4%
Current assets
€163k ▼ 11.7%
Equity and liabilities €4.61M
Equity
€712k ▼ 1.8%
Debt
€3.90M ▼ 13.0%
Debt's share of the balance-sheet total falls from 86.1% to 84.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€207k▲
2024 · €196k
Cash flow
€145k▲
2024 · €123k
Current ratio
0.13▼
2024 · 0.14
Debt to equity
5.47▼
2024 · 6.18
ROE
-1.8%▲
2024 · -5.2%
ROA
-0.3%▲
2024 · -0.7%
Interest coverage
3.12▲
2024 · 2.53
Debt ≤ 1 year
€1.22M▼
2024 · €1.28M
Debt > 1 year
€2.66M▼
2024 · €3.17M
Income taxes
€198▲
2024 · €88
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.20M€4.61M▼
Fixed assets21/28€5.02M€4.44M▼
Tangible fixed assets22/27€5.02M€4.44M▼
Land and buildings22€4.99M€4.42M▼
Plant, machinery and equipment23€12k€19k▲
Furniture and vehicles24€10k€7k▼
Leasing and similar rights25€6k€4k▼
Current assets29/58€184k€163k▼
Amounts receivable after more than one year29€75k€75k=
Other amounts receivable291€75k€75k=
Amounts receivable within one year40/41€90k€76k▼
Trade receivables40€84k€69k▼
Other amounts receivable41€7k€7k▲
Cash at bank and in hand54/58€11k€3k▼
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€5.20M€4.61M▼
Equity10/15€725k€712k▼
Contributions10/11€195k€195k=
Reserves13€705k€705k=
Distributable reserves133€705k€705k=
Profit (loss) carried forward14€-175k€-188k▼
Amounts payable17/49€4.48M€3.90M▼
Amounts payable after more than one year17€3.17M€2.66M▼
Financial debts170/4€3.17M€2.66M▼
Amounts payable within one year42/48€1.28M€1.22M▼
Current portion of amounts payable after more than one year42€214k€204k▼
Financial debts43€993k€918k▼
Credit institutions430/8€75k€0▼
Other loans439€918k€918k=
Trade debts44€32k€48k▲
Suppliers440/4€32k€48k▲
Taxes, remuneration and social security45€14k€15k▲
Taxes450/3€14k€15k▲
Other amounts payable47/48€31k€34k▲
Accrued charges and deferred income492/3€24k€23k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€161k€158k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€20k
Other operating charges640/8€5k€43k▲
Gross operating margin9900€201k€269k▲
Operating profit (loss)9901€35k€49k▲
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€78k€66k▼
Recurring financial charges65€78k€66k▼
Profit (loss) for the period before taxes9903€-38k€-13k▲
Income taxes67/77€88€198▲
Profit (loss) for the period9904€-38k€-13k▲
Profit (loss) for the period to be appropriated9905€-38k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-175k€-188k▼
Profit (loss) brought forward from the previous period14P€-138k€-175k▼
The notes to these accounts (8 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-74k ▼117%
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
20-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €430k ▲419%
Operating result €549k, net result €430k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 2.58
Current ratio from 1.02 to 2.58.
30-09
Financial
Equity above €500kEq €725k ▲146%
4 profitable years in a row build equity to €725k.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
30-09
Financial
Equity above €200kEq €212k ▲175%
2 profitable years in a row build equity to €212k.
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Maldegem · 1 establishment unit since 2018
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.
Prins Boudewijnlaan 99991 MaldegemGround area
4,758 m²
Building footprint
1,842 m²
Volume, LiDAR
3,694 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JRN Invest
since 20182.271.530.459
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34035B0347/00A000 | Flanders | 3,551 m² | 1 · 1,687 m² | 7.5 m |
| 43001B0039/00A002 | Flanders | 1,208 m² | 1 · 155 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2022 · 1 entry · 1,080 EUR awarded · 1,080 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,080 EUR | 1,080 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,989 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2017
Fiscal year end30-09
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.