jrt
ActiveSummary
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. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 84% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-07-2013 Normal situation
- Activity
- Other non-specialised retail sale NACE 47120and 5 others
- Establishment unit
- 2.221.036.516 9000 Gent, since 01-08-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 19-12-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €51,273
- ▲ 240%
- Turnover
- ≈ €530,000
- estimated
- Profit
- €27,842
- ▲ 287%
- Equity
- €50,090
- ▲ 125%
- Total assets
- €67,051
- ▲ 12.4%
Score breakdownraises risk1 change of registered office in 24 monthsSize: total assets €67,051lowers riskLiquidity: current ratio 3.69, cash €24,813Figures for financial year 2025 (filed on 05-05-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 84% of them on solvency, 89% on liquidity, 96% on profitability and 94% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-04-2026 PDF all 12 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is over 4 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 30-09-2021 | 30-09-2023 |
|---|---|---|
| Average over the year, in full-time equivalents | 0.3 | - |
| Joined | 0 | - |
| Left | 1 | - |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,935 | - | €5,790 | €1,156 |
| Depreciation and write-downs of the year | €1,642 | €1,378 | €787 | €2,161 | €2,794 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as jrt has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of jrt itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for jrt. 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.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 02-06-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GABRIELS Joke Helene Raphaël |
|
| Verhelst Jan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, algemene vergadering die bestuurder(s) benoemt bepaalt aantal,duur en bij meerdere bevoegdheid”“Niet-statutaire bestuurders, ad nutum bij besluit van de algemene vergadering”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid aantal aandelen, elke overdracht onder levenden als ingevolge overlijden,ten…”
Articles of association, deed of 02-06-2023 (in Dutch)
Network & group
jrt shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of jrt. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
02-04
Gazette deed
Registered office moved within Gent2 points ▸
- Board meeting, 12-12-2025
- Registered-office move, Paviljoenweg 48,9040 Gent
02-06
Gazette deed
Change of role: Verhelst Jan, from manager to statutory directorReappointment: Verhelst Jan (statutory director) · Appointment: GABRIELS Joke Helene Raphaël (director) · Amendment of the articles13 points ▸
- General meeting, 17-05-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van de statutenwijziging, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, Verhelst Jan (manager)
- Director reappointment, Verhelst Jan (statutory director)
- Director discharge, Verhelst Jan
- Director appointment, GABRIELS Joke Helene Raphaël (director (not named in the articles))
- Registered office clause, “bevestiging, VIERDE AGENDAPUNT/BESLISSING” (deed in Dutch)
- Capital
- Other provision, “statutair (on)beschikbare eigen vermogensrekening” (deed in Dutch)
- Director appointment, Verhelst Jan (statutory director)
- The act holds 1 more point.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44061B0312/00Z002 | Flanders | 753 m² | 1 · 112 m² | 10.9 m · 3 |
| 44809I0606/00N003 | Flanders | 125 m² | 1 · 73 m² | 11.7 m · 3 |