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JSA TOP

Active
Private limited companyfounded 20197 yrs activeRue de l'Abbaye 85, 4040 Herstal, BelgiumKBO/BCE: BE 0722.900.220
Summary

The computed 12-month bankruptcy probability of JSA TOP is 1.9% (moderate). The 2025 annual accounts show equity of €62.4m and a net result of -€8,370. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability37=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.03 in 2024; short-term debt: 0.1% and cash: 0% of total assets), and 0.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
0%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 7 filings
Deviation from the deadline
2025
14 d early
2024
41 d early
2023
28 d early
2022
41 d early
2021
31 d early
2020
86 d early
2019
21 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 March 2019, JSA TOP was incorporated.1 Total assets went from EUR 63 million in 2019 to EUR 63 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€8,370▲ 12.5%
2024 · -€9,570
Working capital
-€71,065▼ 13.4%
2024 · -€62,695
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€7,306▼ 0.8%-€7,220▲ 1.2%-€9,162▼ 26.9%-€9,389▼ 2.5%-€8,189▲ 12.8%
Net result-€7,496▼ 1.2%-€7,405▲ 1.2%-€9,343▼ 26.2%-€9,570▼ 2.4%-€8,370▲ 12.5%
Equity€62.5m=€62.5m=€62.5m=€62.4m=€62.4m=
Total assets€62.5m=€62.5m=€62.5m=€62.5m=€62.5m=
Debt€40,685▲ 19.9%€50,685▲ 24.6%€62,110▲ 22.5%€64,881▲ 4.5%€78,484▲ 21.0%
Working capital-€36,377▼ 26.0%-€43,781▼ 20.4%-€53,125▼ 21.3%-€62,695▼ 18.0%-€71,065▼ 13.4%
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: -€7,306-€7,306Net result 2021: -€7,496-€7,496Operating result 2022: -€7,220-€7,220Net result 2022: -€7,405-€7,405Operating result 2023: -€9,162-€9,162Net result 2023: -€9,343-€9,343Operating result 2024: -€9,389-€9,389Net result 2024: -€9,570-€9,570Operating result 2025: -€8,189-€8,189Net result 2025: -€8,370-€8,37020212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€9,162-€9,160Net result 2023: -€9,343-€9,340Operating result 2024: -€9,389-€9,390Net result 2024: -€9,570-€9,570Operating result 2025: -€8,189-€8,190Net result 2025: -€8,370-€8,370202320242025
The operating result stays negative: a loss of €8,189 in 2025 against €9,389 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62.5m
Fixed assets €62.5m =
Current assets €7,419 ▲ 239%
Equity and liabilities €62.5m
Equity €62.4m =
Debt €78,484 ▲ 21.0%
Debt's share of the balance-sheet total stays at 0.1%.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.09▲
2024 · 0.03
Debt to equity
0.00▲
2024 · 0.00
ROE
0.0%▲
2024 · 0.0%
ROA
0.0%▲
2024 · 0.0%
Debt ≤ 1 year
€78,484▲
2024 · €64,881
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€62.5m€62.5m=
Fixed assets21/28€62.5m€62.5m=
Financial fixed assets28€62.5m€62.5m=
Current assets29/58€2,185€7,419▲
Cash at bank and in hand54/58€2,185€7,419▲
Equity and liabilities
Total equity and liabilities10/49€62.5m€62.5m=
Equity10/15€62.4m€62.4m=
Contributions10/11€62.5m€62.5m=
Profit (loss) carried forward14-€62,695-€71,065▼
Amounts payable17/49€64,881€78,484▲
Amounts payable within one year42/48€64,881€78,484▲
Trade debts44€4,195€3,799▼
Suppliers440/4€4,195€3,799▼
Other amounts payable47/48€60,685€74,685▲
Income statement Code20242025
Other operating charges640/8€968€998▲
Gross operating margin9900-€8,422-€7,190▲
Operating profit (loss)9901-€9,389-€8,189▲
Financial charges65/66B€181€182▲
Recurring financial charges65€181€182▲
Profit (loss) for the period before taxes9903-€9,570-€8,370▲
Profit (loss) for the period9904-€9,570-€8,370▲
Profit (loss) for the period to be appropriated9905-€9,570-€8,370▲
Appropriation of the result
Profit (loss) to be appropriated9906-€62,695-€71,065▼
Profit (loss) brought forward from the previous period14P-€53,125-€62,695▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€868€868€960€968€998▲ 3.2%
Gross operating margin9900-€6,438-€6,352-€8,202-€8,422-€7,190▲ 14.6%
Operating profit (loss)9901-€7,306-€7,220-€9,162-€9,389-€8,189▲ 12.8%
Financial charges65/66B€189€185€181€181€182▲ 0.2%
Recurring financial charges65€189€185€181€181€182▲ 0.2%
Profit (loss) for the period before taxes9903-€7,496-€7,405-€9,343-€9,570-€8,370▲ 12.5%
Profit (loss) for the period9904-€7,496-€7,405-€9,343-€9,570-€8,370▲ 12.5%
Profit (loss) for the period to be appropriated9905-€7,496-€7,405-€9,343-€9,570-€8,370▲ 12.5%
Line20212022202320242025Change
Assets
Total assets20/58€62.5m€62.5m€62.5m€62.5m€62.5m=
Fixed assets21/28€62.5m€62.5m€62.5m€62.5m€62.5m=
Financial fixed assets28€62.5m€62.5m€62.5m€62.5m€62.5m=
Current assets29/58€4,309€6,904€8,985€2,185€7,419▲ 239%
Cash at bank and in hand54/58€4,309€6,904€8,985€2,185€7,419▲ 239%
Equity and liabilities
Total equity and liabilities10/49€62.5m€62.5m€62.5m€62.5m€62.5m=
Equity10/15€62.5m€62.5m€62.5m€62.4m€62.4m=
Contributions10/11€62.5m€62.5m€62.5m€62.5m€62.5m=
Profit (loss) carried forward14-€36,377-€43,781-€53,125-€62,695-€71,065▼ 13.4%
Amounts payable17/49€40,685€50,685€62,110€64,881€78,484▲ 21.0%
Amounts payable within one year42/48€40,685€50,685€62,110€64,881€78,484▲ 21.0%
Trade debts44--€1,424€4,195€3,799▼ 9.4%
Suppliers440/4--€1,424€4,195€3,799▼ 9.4%
Other amounts payable47/48€40,685€50,685€60,685€60,685€74,685▲ 23.1%
Line20212022202320242025Change
Profit (loss) for the period9904-€7,496-€7,405-€9,343-€9,570-€8,370▲ 12.5%
Operating cash flow (approximation)-€7,496-€7,405-€9,343-€9,570-€8,370▲ 12.5%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€2,595€2,081-€6,799€5,234▲ 177%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
06-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Herstal · 1 establishment unit since 2019
seat establishment approximate The establishment unit on the map
Ground 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
JSA TOP
Rue de l'Abbaye 85, 4040 HerstalHoldings
since 20192.303.857.094
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
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of JSA TOP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-03-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.