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jrt

Active
Private limited companyfounded 2013active for 13 yearsPaviljoenweg 48, 9040 Gent, BelgiumKBO/BCE: BE 0537.239.448
Summary

jrt has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,090 and a net result of €27,842. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 84% of 22,513 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
€50,090▲ 125%
2024 · €22,248
Total assets
€67,051▲ 12.4%
2024 · €59,636
Net result
€27,842▲ 287%
2024 · €7,193
Working capital
€45,564▲ 307%
2024 · €11,183
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 302% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€47,882 2025 Net result€27,842 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€18,596--€29,577▼ 59.1%€39,625€8,300▼ 79.1%€1,885▼ 77.3%€11,906▲ 532%€47,882▲ 302%
Net result-€19,329--€30,920below the sector's middle half▼ 60.0%€37,385above the sector's middle half€4,525within the sector's middle half▼ 87.9%€200within the sector's middle half▼ 95.6%€7,193within the sector's middle half▲ 3,506%€27,842above the sector's middle half▲ 287%
Equity€3,865--€27,055below the sector's middle half€10,330within the sector's middle half€14,855within the sector's middle half▲ 43.8%€15,054within the sector's middle half▲ 1.3%€22,248within the sector's middle half▲ 47.8%€50,090within the sector's middle half▲ 125%
Total assets€83,478-€43,346below the sector's middle half▼ 48.1%€43,397below the sector's middle half▲ 0.1%€30,008below the sector's middle half▼ 30.9%€30,889below the sector's middle half▲ 2.9%€59,636within the sector's middle half▲ 93.1%€67,051within the sector's middle half▲ 12.4%
Debt€79,613-€70,401▼ 11.6%€33,066▼ 53.0%€15,153▼ 54.2%€15,834▲ 4.5%€37,389▲ 136%€16,961▼ 54.6%
Working capital-€8,544--€35,287below the sector's middle half▼ 313%€3,394within the sector's middle half€5,361within the sector's middle half▲ 58.0%€9,845within the sector's middle half▲ 83.6%€11,183within the sector's middle half▲ 13.6%€45,564within the sector's middle half▲ 307%
Solvency4.6%--62.4%below the sector's middle half▼ 67.0pp23.8%within the sector's middle half▲ 86.2pp49.5%within the sector's middle half▲ 25.7pp48.7%within the sector's middle half▼ 0.8pp37.3%within the sector's middle half▼ 11.4pp74.7%above the sector's middle half▲ 37.4pp
Current ratio0.89-0.50below the sector's middle half▼ 0.401.10within the sector's middle half▲ 0.611.35within the sector's middle half▲ 0.251.73within the sector's middle half▲ 0.381.30within the sector's middle half▼ 0.433.69above the sector's middle half▲ 2.39
Return on assets (ROA)-23.2%--71.3%below the sector's middle half▼ 48.2pp86.1%above the sector's middle half▲ 157.5pp15.1%above the sector's middle half▼ 71.1pp0.6%within the sector's middle half▼ 14.4pp12.1%within the sector's middle half▲ 11.4pp41.5%above the sector's middle half▲ 29.5pp
Staff (FTE)2-1.8within the sector's middle half▼ 10.0%0.3▼ 83.3%0
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67,051
Fixed assets €4,526 ▼ 59.5%
Current assets €62,525 ▲ 29.0%
Equity and liabilities €67,051
Equity €50,090 ▲ 125%
Debt €16,961 ▼ 54.6%
Debt's share of the balance-sheet total falls from 62.7% to 25.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50,676▲
2024 · €14,067
Cash flow
€30,637▲
2024 · €9,354
Debt to equity
0.34▼
2024 · 1.68
ROE
55.6%▲
2024 · 32.3%
Interest coverage
8.77▼
2024 · 20.57
Debt ≤ 1 year
€16,961▼
2024 · €37,289
Income taxes
€14,747▲
2024 · €4,436
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,473 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% 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 74.5% 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 34,695 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 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€59,636€67,051▲
Fixed assets21/28€11,164€4,526▼
Tangible fixed assets22/27€6,164€4,526▼
Plant, machinery and equipment23€4,094€3,416▼
Furniture and vehicles24€2,070€1,110▼
Financial fixed assets28€5,000€0▼
Current assets29/58€48,472€62,525▲
Amounts receivable within one year40/41€46,589€35,386▼
Trade receivables40€38,672€26,378▼
Other amounts receivable41€7,917€9,008▲
Cash at bank and in hand54/58€0€24,813▲
Deferred charges and accrued income490/1€1,883€2,326▲
Equity and liabilities
Total equity and liabilities10/49€59,636€67,051▲
Equity10/15€22,248€50,090▲
Contributions10/11€6,200€6,200=
Reserves13€16,048€43,890▲
Distributable reserves133€16,048€43,890▲
Amounts payable17/49€37,389€16,961▼
Amounts payable within one year42/48€37,289€16,961▼
Financial debts43€19,362€0▼
Credit institutions430/8€19,362€0▼
Trade debts44€4,100€580▼
Suppliers440/4€4,100€580▼
Taxes, remuneration and social security45€13,827€16,381▲
Taxes450/3€13,827€16,381▲
Accrued charges and deferred income492/3€100€0▼
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,161€2,794▲
Other operating charges640/8€652€597▼
Non-recurring operating charges66A€384€0▼
Gross operating margin9900€15,103€51,273▲
Operating profit (loss)9901€11,906€47,882▲
Financial income75/76B€407€488▲
Recurring financial income75€407€488▲
Financial charges65/66B€684€5,780▲
Recurring financial charges65€684€5,780▲
Profit (loss) for the period before taxes9903€11,630€42,590▲
Income taxes67/77€4,436€14,747▲
Profit (loss) for the period9904€7,193€27,842▲
Profit (loss) for the period to be appropriated9905€7,193€27,842▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,193€27,842▲
Transfer to equity691/2€7,193€27,842▲
To other reserves6921€7,193€27,842▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62--€19,960-€1,213€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,637€2,680€1,642€1,378€787€2,161€2,794▲ 29.3%
Other operating charges640/8--€175€526€705€652€597▼ 8.4%
Non-recurring operating charges66A----€196€384€0▼ 100%
Gross operating margin9900€74,102€24,416€61,402€10,204€4,787€15,103€51,273▲ 240%
Operating profit (loss)9901-€18,596-€29,577€39,625€8,300€1,885€11,906€47,882▲ 302%
Financial income75/76B--€2-€116€407€488▲ 19.8%
Recurring financial income75€2€2€2-€116€407€488▲ 19.8%
Financial charges65/66B--€1,307€597€452€684€5,780▲ 745%
Recurring financial charges65€471€1,086€1,307€597€452€684€5,780▲ 745%
Profit (loss) for the period before taxes9903-€19,065-€30,661€38,320€7,702€1,549€11,630€42,590▲ 266%
Income taxes67/77€264€259€935€3,178€1,349€4,436€14,747▲ 232%
Profit (loss) for the period9904-€19,329-€30,920€37,385€4,525€200€7,193€27,842▲ 287%
Profit (loss) for the period to be appropriated9905-€19,329-€30,920€37,385€4,525€200€7,193€27,842▲ 287%
Line2019202020212022202320242025Change
Assets
Total assets20/58€83,478€43,346€43,397€30,008€30,889€59,636€67,051▲ 12.4%
Fixed assets21/28€13,309€8,579€6,937€9,493€7,535€11,164€4,526▼ 59.5%
Tangible fixed assets22/27€8,309€3,579€1,937€4,493€2,535€6,164€4,526▼ 26.6%
Plant, machinery and equipment23---€3,322€2,535€4,094€3,416▼ 16.6%
Furniture and vehicles24--€1,937€1,171€0€2,070€1,110▼ 46.4%
Financial fixed assets28€5,000€5,000€5,000€5,000€5,000€5,000€0▼ 100%
Current assets29/58€70,169€34,767€36,460€20,515€23,354€48,472€62,525▲ 29.0%
Stocks and contracts in progress3€11,538€15,659------
Amounts receivable within one year40/41€49,110€19,107€24,561€14,686€20,535€46,589€35,386▼ 24.0%
Trade receivables40--€24,561€14,686€16,305€38,672€26,378▼ 31.8%
Other amounts receivable41----€4,231€7,917€9,008▲ 13.8%
Cash at bank and in hand54/58--€11,624€5,547€700€0€24,813-
Deferred charges and accrued income490/1--€274€281€2,119€1,883€2,326▲ 23.5%
Equity and liabilities
Total equity and liabilities10/49€83,478€43,346€43,397€30,008€30,889€59,636€67,051▲ 12.4%
Equity10/15€3,865-€27,055€10,330€14,855€15,054€22,248€50,090▲ 125%
Contributions10/11€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€16,994€16,994€4,130€8,655€8,854€16,048€43,890▲ 173%
Non-distributable reserves130/1--€1,855€1,855€0---
Reserves not available under the articles1311--€1,855€1,855€0---
Distributable reserves133--€2,275€6,800€8,854€16,048€43,890▲ 173%
Profit (loss) carried forward14-€19,329-€50,249------
Amounts payable17/49€79,613€70,401€33,066€15,153€15,834€37,389€16,961▼ 54.6%
Amounts payable within one year42/48€78,713€70,053€33,066€15,153€13,508€37,289€16,961▼ 54.5%
Financial debts43--€10,000--€19,362€0▼ 100%
Credit institutions430/8-----€19,362€0▼ 100%
Other loans439--€10,000-----
Trade debts44€13,627€7,088€4,444€6,141€8,026€4,100€580▼ 85.9%
Suppliers440/4--€4,444€6,141€8,026€4,100€580▼ 85.9%
Taxes, remuneration and social security45--€6,693€7,504€5,482€13,827€16,381▲ 18.5%
Taxes450/3--€6,693€7,504€5,482€13,827€16,381▲ 18.5%
Other amounts payable47/48--€11,929€1,508€0---
Accrued charges and deferred income492/3----€2,326€100€0▼ 100%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€19,329-€30,920€37,385€4,525€200€7,193€27,842▲ 287%
+ Depreciation and write-downs630€2,637€2,680€1,642€1,378€787€2,161€2,794▲ 29.3%
Operating cash flow (approximation)-€16,693-€28,240€39,028€5,903€986€9,354€30,637▲ 228%
Investment in fixed assets (approximation)-€2,050€0-€3,935€1,171-€5,790€3,844-
Change in cash----€6,077-€4,847-€700€24,813-

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

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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 29-04-2026 2026-00101976
30-09-2024 micro format 03-04-2025 2025-00067105
30-09-2023 micro format 30-04-2024 2024-00078768
30-09-2022 micro format 02-05-2023 2023-00079061
30-09-2021 micro format 30-04-2022 2022-20016682
30-09-2020 micro format 30-04-2021 2021-13300368
30-09-2019 micro format 29-05-2020 2020-14100192
30-09-2018 micro format 25-04-2019 2019-10500095
30-09-2017 micro format 24-04-2018 2018-10400570
30-09-2016 abbreviated format 10-02-2017 2017-04300407

Show all 12 filings

Similar companies · same sector, comparable size

Of the 12,428 active companies whose main activity is other non-specialised retail sale (NACE 47120), figures are known for 2,177. 1,503 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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