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JSD LINE

Open bankruptcy
Private limited company (pre-2019)founded 2019Nonnebossen-Oost 74, 8980 Zonnebeke, BelgiumKBO/BCE: BE 0721.728.104

A bankruptcy procedure is open for JSD LINE according to publications in the Belgian State Gazette; curator: ALAIN VANRYCKEGHEM.

Summary

The 2022 annual accounts show negative equity (-€10,866) and a net result of €11,094.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ypres division
Declared bankrupt
21 August 2024
Supervising judge
Johan Veys
Official Gazette
27-08-2024 (pdf) ↗search the document for 2024/132899

Deadlines

Provisional date payments stopped
21 August 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 11 September 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 20 September 2024art. XX.104 and XX.155 CEL
First verification report
passed on 4 October 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 21 August 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 06-10-2023, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
67 d late
2021
30 d late
2020
30 d late
2019
46 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
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 28 February 2019, JSD LINE was incorporated.1 Total assets went from EUR 198,571 in 2019 to EUR 106,657 in 2022.2 The company was declared bankrupt on 21 August 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022
  3. 3Belgian State Gazette, 27-08-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€10,866▲ 50.5%
2021 · -€21,960
Total assets
€106,657▼ 7.9%
2021 · €115,850
Net result
€11,094▼ 25.9%
2021 · €14,966
Working capital
-€79,044▲ 2.7%
2021 · -€81,198
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Operating result-€2,552--€31,599▼ 1,138%€31,969€13,778▼ 56.9%
Net result-€4,610--€38,515below the sector's middle half▼ 735%€14,966within the sector's middle half€11,094within the sector's middle half▼ 25.9%
Equity€6,044--€32,471below the sector's middle half-€21,960below the sector's middle half▲ 32.4%-€10,866below the sector's middle half▲ 50.5%
Total assets€198,571-€158,305within the sector's middle half▼ 20.3%€115,850within the sector's middle half▼ 26.8%€106,657within the sector's middle half▼ 7.9%
Debt€192,527-€190,777▼ 0.9%€137,810▼ 27.8%€117,523▼ 14.7%
Working capital-€68,269--€112,306below the sector's middle half▼ 64.5%-€81,198below the sector's middle half▲ 27.7%-€79,044below the sector's middle half▲ 2.7%
Solvency3.0%--20.5%below the sector's middle half▼ 23.6pp-19.0%below the sector's middle half▲ 1.6pp-10.2%below the sector's middle half▲ 8.8pp
Current ratio0.46-0.20below the sector's middle half▼ 0.260.23below the sector's middle half▲ 0.040.27below the sector's middle half▲ 0.04
Return on assets (ROA)-2.3%--24.3%below the sector's middle half▼ 22.0pp12.9%within the sector's middle half▲ 37.2pp10.4%within the sector's middle half▼ 2.5pp
Staff (FTE)0.3below the sector's middle half
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2019: -€2,552-€2,552Net result 2019: -€4,610-€4,610Operating result 2020: -€31,599-€31,599Net result 2020: -€38,515-€38,515Operating result 2021: €31,969€31,969Net result 2021: €14,966€14,966Operating result 2022: €13,778€13,778Net result 2022: €11,094€11,0942019202020212022-€40,000-€20,000€0€20,000€40,000Operating result 2020: -€31,599-€31,600Net result 2020: -€38,515-€38,500Operating result 2021: €31,969€32,000Net result 2021: €14,966€15,000Operating result 2022: €13,778€13,800Net result 2022: €11,094€11,100202020212022
The operating result falls in 2022; 2022 is 57% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €106,657
Fixed assets €76,715 ▼ 15.8%
Current assets €29,942 ▲ 21.0%
Key figures and ratios
2022 value · change against 2021
EBITDA
€28,159▼
2021 · €46,351
Cash flow
€25,475▼
2021 · €29,347
Debt to equity
-10.82▼
2021 · -6.28
Interest coverage
11.48▲
2021 · 2.18
Debt ≤ 1 year
€108,986▲
2021 · €105,952
Debt > 1 year
€7,937▼
2021 · €27,895
Income taxes
€232▲
2021 · €210
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 · 2022 against 2021 · 44 lines
Balance sheet Code20212022
Assets
Total assets20/58€115,850€106,657▼
Fixed assets21/28€91,097€76,715▼
Tangible fixed assets22/27€91,097€76,715▼
Land and buildings22€1,052€922▼
Plant, machinery and equipment23€1,611€1,206▼
Furniture and vehicles24€7,877€5,030▼
Leasing and similar rights25€80,557€69,557▼
Current assets29/58€24,754€29,942▲
Amounts receivable within one year40/41€17,112€24,439▲
Trade receivables40€14,560€16,933▲
Other amounts receivable41€2,551€7,507▲
Cash at bank and in hand54/58€3,960€4,630▲
Deferred charges and accrued income490/1€3,682€873▼
Equity and liabilities
Total equity and liabilities10/49€115,850€106,657▼
Equity10/15-€21,960-€10,866▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€28,160-€17,066▲
Amounts payable17/49€137,810€117,523▼
Amounts payable after more than one year17€27,895€7,937▼
Financial debts170/4€27,895€7,937▼
Amounts payable within one year42/48€105,952€108,986▲
Current portion of amounts payable after more than one year42€19,187€19,958▲
Trade debts44€457€15,101▲
Suppliers440/4€457€15,101▲
Taxes, remuneration and social security45€1,510€4,505▲
Taxes450/3€335€4,505▲
Remuneration and social security454/9€1,174-
Other amounts payable47/48€84,799€69,421▼
Accrued charges and deferred income492/3€3,963€600▼
Income statement Code20212022
Remuneration, social security and pensions62€153-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,382€14,382=
Other operating charges640/8€19,007€15,103▼
Gross operating margin9900€65,510€43,263▼
Operating profit (loss)9901€31,969€13,778▼
Financial income75/76B€4,457€0▼
Recurring financial income75€4,457€0▼
Financial charges65/66B€21,251€2,453▼
Recurring financial charges65€21,251€2,453▼
Profit (loss) for the period before taxes9903€15,175€11,325▼
Income taxes67/77€210€232▲
Profit (loss) for the period9904€14,966€11,094▼
Profit (loss) for the period to be appropriated9905€14,966€11,094▼
Appropriation of the result
Profit (loss) to be appropriated9906-€28,160-€17,066▲
Profit (loss) brought forward from the previous period14P-€43,125-€28,160▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Remuneration, social security and pensions62--€153--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,428€18,240€14,382€14,382=
Other operating charges640/8--€19,007€15,103▼ 20.5%
Gross operating margin9900€10,421€26,867€65,510€43,263▼ 34.0%
Operating profit (loss)9901-€2,552-€31,599€31,969€13,778▼ 56.9%
Financial income75/76B--€4,457€0▼ 100.0%
Recurring financial income75€499€6€4,457€0▼ 100.0%
Financial charges65/66B--€21,251€2,453▼ 88.5%
Recurring financial charges65€2,507€6,731€21,251€2,453▼ 88.5%
Profit (loss) for the period before taxes9903-€4,561-€38,324€15,175€11,325▼ 25.4%
Income taxes67/77€49€192€210€232▲ 10.6%
Profit (loss) for the period9904-€4,610-€38,515€14,966€11,094▼ 25.9%
Profit (loss) for the period to be appropriated9905-€4,610-€38,515€14,966€11,094▼ 25.9%
Line2019202020212022Change
Assets
Total assets20/58€198,571€158,305€115,850€106,657▼ 7.9%
Fixed assets21/28€141,462€130,524€91,097€76,715▼ 15.8%
Tangible fixed assets22/27€141,462€130,524€91,097€76,715▼ 15.8%
Land and buildings22--€1,052€922▼ 12.4%
Plant, machinery and equipment23--€1,611€1,206▼ 25.1%
Furniture and vehicles24--€7,877€5,030▼ 36.1%
Leasing and similar rights25--€80,557€69,557▼ 13.7%
Current assets29/58€57,108€27,782€24,754€29,942▲ 21.0%
Amounts receivable within one year40/41€40,047€18,840€17,112€24,439▲ 42.8%
Trade receivables40--€14,560€16,933▲ 16.3%
Other amounts receivable41--€2,551€7,507▲ 194%
Cash at bank and in hand54/58€12,035€8,054€3,960€4,630▲ 16.9%
Deferred charges and accrued income490/1--€3,682€873▼ 76.3%
Equity and liabilities
Total equity and liabilities10/49€198,571€158,305€115,850€106,657▼ 7.9%
Equity10/15€6,044-€32,471-€21,960-€10,866▲ 50.5%
Contributions10/11€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€4,610-€43,125-€28,160-€17,066▲ 39.4%
Amounts payable17/49€192,527€190,777€137,810€117,523▼ 14.7%
Amounts payable after more than one year17€65,528€47,082€27,895€7,937▼ 71.5%
Financial debts170/4--€27,895€7,937▼ 71.5%
Amounts payable within one year42/48€125,377€140,088€105,952€108,986▲ 2.9%
Current portion of amounts payable after more than one year42--€19,187€19,958▲ 4.0%
Trade debts44€17,363€809€457€15,101▲ 3,206%
Suppliers440/4--€457€15,101▲ 3,206%
Taxes, remuneration and social security45--€1,510€4,505▲ 198%
Taxes450/3--€335€4,505▲ 1,244%
Remuneration and social security454/9--€1,174--
Other amounts payable47/48--€84,799€69,421▼ 18.1%
Accrued charges and deferred income492/3--€3,963€600▼ 84.9%
Line2019202020212022Change
Profit (loss) for the period9904-€4,610-€38,515€14,966€11,094▼ 25.9%
+ Depreciation and write-downs630€12,428€18,240€14,382€14,382=
Operating cash flow (approximation)€7,818-€20,276€29,347€25,475▼ 13.2%
Investment in fixed assets (approximation)--€7,301€25,045€0▼ 100%
Change in cash--€3,981-€4,093€670▲ 116%

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
27-08
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 21-08-2024
2023
06-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €14,966
Net result €14,966 after 2 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Weakest financial yearnet -€38,515
Net result drops to -€38,515, the lowest in the series.
15-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Zonnebeke · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
432 m²
Building footprint
60 m²
Volume, LiDAR
245 m³
Parcel 33037D0998/00K011, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JSD LINE
Nonnebossen-Oost 74, 8980 ZonnebekeOther business support services
since 20192.286.115.004
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33037D0998/00K011 Flanders 432 m² 1 · 60 m² 5.1 m · 1 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ALAIN VANRYCKEGHEM
RIJSELSTRAAT 132, 8900 IEPER
21-08-2024 → present

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 3,506 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded28-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
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.

Register as of 28 September 2026 · Peppol Directory

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