JS MOTORS BELGIUM
Open bankruptcyA bankruptcy procedure is open for JS MOTORS BELGIUM according to publications in the Belgian State Gazette; curator: Eric FLAMEE.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-07-2023, 11 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
11 d early
2021
95 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€4k
2021 · €-1k
2021: €-1k
2021 → 2022
Total assets
€12k
Net result
€5k
2021 · €-1k
2021: €-1k
2021 → 2022
Working capital
€4k
Multi-year overview
Available amounts per fiscal year
Line20212022Trend
Equity€-1k-€4k
Operating result€-1k-€7k
Net result€-1k-€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €7k after a loss of €1k in 2021.
Balance-sheet composition
Equity and liabilities €12k
Equity
€4k
Debt
€8k
Debt finances 64.4% of the balance-sheet total.
Key figures and ratios
Current ratio
1.55
Debt to equity
1.81▲
2021 · -1.00
ROE
125.1%
ROA
44.5%
Debt ≤ 1 year
€8k▲
2021 · €1k
Income taxes
€1k
Staff costs
€2k
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 · 2022 against 2021 · 30 lines
Balance sheet
Code20212022
Assets
Total assets20/58-€12k
Current assets29/58-€12k
Amounts receivable within one year40/41-€8k
Trade receivables40-€7k
Other amounts receivable41-€468
Cash at bank and in hand54/58-€5k
Equity and liabilities
Total equity and liabilities10/49-€12k
Equity10/15€-1k€4k▲
Contributions10/11€300€300=
Capital10€300-
Issued capital100€300-
Outside capital11-€300
Other1109/19-€300
Profit (loss) carried forward14€-1k€4k▲
Amounts payable17/49€1k€8k▲
Amounts payable within one year42/48€1k€8k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€1k€5k▲
Income statement
Code20212022
Remuneration, social security and pensions62-€2k
Gross operating margin9900€-1k€9k▲
Operating profit (loss)9901€-1k€7k▲
Profit (loss) for the period before taxes9903€-1k€7k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-1k€5k▲
Profit (loss) for the period to be appropriated9905€-1k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€4k▲
Profit (loss) brought forward from the previous period14P-€-1k
Timeline · acts, filings and financial milestones
2024
28-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · JS MOTORS BELGIUM BV SINT- ANDRIESSTEENWEG 101, 9620 ZOTTEGEM · event 22-02-2024
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Eric FLAMEE EILAND 27, 9520 SINT-LIEVENS-HOUTEM- |
22-02-2024 → present |