JSA
ActiveJSA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124.02M and a net result of €3.04M. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 3166 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-3
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 3.87 against 3.78 in 2024), and 10.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
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
89.8%
Return on assets
2.2%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
41 d early
2023
138 d late
2022
41 d early
2021
31 d early
2020
86 d early
2019
21 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12k
EBIT margin
13.3%
Net result
€3.04M▼ 15.8%
2024 · €3.61M
2018: €6.47M
2019: €6.53M
2020: €1.56M
2021: €4.19M
2022: €9.54M
2023: €10.57M
2024: €3.61M
2018 → 2025
Working capital
€34.62M▲ 3.1%
2024 · €33.58M
2018: €5.16M
2019: €9.67M
2020: €9.12M
2021: €5.89M
2022: €23.41M
2023: €31.98M
2024: €33.58M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97.27M-€106.81M▲ 9.8%€117.38M▲ 9.9%€120.99M▲ 3.1%€124.02M▲ 2.5%
Operating result€-3k-€-10k▼ 282%€-12k▼ 26.1%€-19k▼ 57.0%€-10k▲ 46.1%
Net result€4.19M-€9.54M▲ 128%€10.57M▲ 10.8%€3.61M▼ 65.9%€3.04M▼ 15.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138.12M
Fixed assets
€91.44M=
Current assets
€46.68M▲ 2.2%
Equity and liabilities €138.12M
Equity
€124.02M▲ 2.5%
Debt
€14.10M▼ 12.6%
The debt ratio falls from 11.8% to 10.2%: equity grows while debt is paid down.
Key figures and ratios
Solvency
89.8%▲
2024 · 88.2%
Current ratio
3.87▲
2024 · 3.78
Quick ratio
3.87▲
2024 · 3.78
Debt / equity
0.11▼
2024 · 0.13
ROE
2.4%▼
2024 · 3.0%
ROA
2.2%▼
2024 · 2.6%
Debt
€14.10M▼
2024 · €16.12M
Debt ≤ 1 year
€12.07M▼
2024 · €12.10M
Debt > 1 year
€2.00M▼
2024 · €4.00M
Income taxes
€69k▲
2024 · €-8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€137.11M€138.12M▲
Fixed assets21/28€91.44M€91.44M=
Tangible fixed assets22/27€90k€90k=
Furniture and vehicles24€90k€90k=
Financial fixed assets28€91.35M€91.35M=
Current assets29/58€45.67M€46.68M▲
Amounts receivable within one year40/41€61k€75k▲
Other amounts receivable41€61k€75k▲
Current investments50/53€45.51M€46.49M▲
Cash at bank and in hand54/58€74k€97k▲
Deferred charges and accrued income490/1€29k€20k▼
Equity and liabilities
Total equity and liabilities10/49€137.11M€138.12M▲
Equity10/15€120.99M€124.02M▲
Contributions10/11€22.31M€22.31M=
Capital10€22.31M€22.31M=
Issued capital100€22.31M€22.31M=
Reserves13€98.68M€101.71M▲
Non-distributable reserves130/1€2.23M€2.23M=
Legal reserve130€2.23M€2.23M=
Tax-exempt reserves132€221€221=
Distributable reserves133€96.44M€99.48M▲
Amounts payable17/49€16.12M€14.10M▼
Amounts payable after more than one year17€4.00M€2.00M▼
Financial debts170/4€4.00M€2.00M▼
Amounts payable within one year42/48€12.10M€12.07M▼
Current portion of amounts payable after more than one year42€2.00M€2.00M=
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45-€69k
Taxes450/3-€69k
Other amounts payable47/48€10.09M€9.99M▼
Accrued charges and deferred income492/3€27k€33k▲
Income statement
Code20242025
Other operating charges640/8€968€998▲
Gross operating margin9900€-18k€-9k▲
Operating profit (loss)9901€-19k€-10k▲
Financial income75/76B€3.69M€3.18M▼
Recurring financial income75€3.69M€3.18M▼
Financial charges65/66B€74k€69k▼
Recurring financial charges65€74k€69k▼
Profit (loss) for the period before taxes9903€3.60M€3.11M▼
Income taxes67/77€-8k€69k▲
Profit (loss) for the period9904€3.61M€3.04M▼
Profit (loss) for the period to be appropriated9905€3.61M€3.04M▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.61M€3.04M▼
Transfer to equity691/2€3.61M€3.04M▼
To other reserves6921€3.61M€3.04M▼
The notes to these accounts (6 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 138 days late
2023
31-12
Financial
Highest result since 2018net €10.57M ▲10.8%
Net result €10.57M, the highest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity triplescurrent ratio 4.21
Current ratio from 1.46 to 4.21; short-term debt falls from €12.70M to €7.30M.
31-12
Financial
Equity above €100MEq €106.81M ▲9.8%
5 profitable years in a row build equity to €106.81M.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €1.56M ▼76.2%
Net result drops to €1.56M, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2025
This board is reconstructed from a single act (25073249). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Ernest Jacquet
CurrentDirector · since 13-10-2017
Eric Jacquet
CurrentDirector · since 10-02-2017
Thierry Philippe
CurrentDirector · since 10-02-2017
Philippe Pire
Not recently confirmedRepresentative of auditor · since 10-02-2017
11-06-2025
Ernest Jacquet: Appointed as Director
11-06-2025
Eric Jacquet: Appointed as Director
11-06-2025
Thierry Philippe: Appointed as Director
28-09-2023
Emilie Van Callemont: Appointed as Representant permanent du commissaire
28-09-2023
Marie-Laure Moreau: Resigned as Representant permanent du commissaire
16-01-2018
Carl Laschet: Appointed as Representant permanent du commissaire
13-10-2017
Ernest Jacquet: Appointed as Director
13-10-2017
Jean Reverand: Resigned as Director
10-02-2017
Eric Jacquet: Appointed as President of the board of directors
10-02-2017
Thierry Philippe: Appointed as Administrator
10-02-2017
Philippe Pire: Appointed as Representative of auditor
10-02-2017
Jean Reverand: Appointed as Administrator
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 1988
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.
Rue de l'Abbaye 854040 HerstalGround area
4,492 m²
Building footprint
1,056 m²
Volume, LiDAR
7,573 m³
Parcel 62312B0024/00S005, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Abbaye 85, 4040 Herstal
since 19882.034.090.295
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312B0024/00S005 | Wallonia | 4,492 m² | 1 · 1,056 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
3 auditors| SRL EY Réviseurs d'EntreprisesCurrent Commissaire | 11-06-2025 → present |
Show 2 earlier auditors
| Carl Laschet Commissaire | - → 19-05-2021 |
| Marie-Laure Moreau Commissaire | 19-05-2021 → 19-05-2021 |
Recognitions · licences · registrations
Legal Entity Identifier
8755002LVGJVNF2MTZ49
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 936 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-12-1987
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.