JSDW Management
ActiveSummary
JSDW Management has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €179,553. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 49% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-13
Solvency79▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 3.67 against 1.93 in 2024; short-term debt: 3.3% and cash: 10.3% of total assets), and 45.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
54.4%
Return on assets
7.6%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
77 d late
2023
141 d late
2022
100 d late
2021
31 d late
2020
52 d late
2019
102 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed 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 monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€179,553▲ 9,766%
2024 · €1,820
Working capital
€207,962▲ 228%
2024 · €63,349
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result€110,443▲ 92.0%€89,749▼ 18.7%€139,665▲ 55.6%€127,213▼ 8.9%€211,235▲ 66.0%
Net result€76,320within the sector's middle half▲ 104%€60,238within the sector's middle half▼ 21.1%€100,353within the sector's middle half▲ 66.6%€1,820below the sector's middle half▼ 98.2%€179,553above the sector's middle half▲ 9,766%
Equity€943,341within the sector's middle half▲ 8.8%€1.0mwithin the sector's middle half▲ 6.4%€1.1mwithin the sector's middle half▲ 10.0%€1.1mabove the sector's middle half▲ 0.2%€1.3mabove the sector's middle half▲ 16.2%
Total assets€5.4mwithin the sector's middle half▲ 0.5%€5.3mwithin the sector's middle half▼ 1.4%€5.3mwithin the sector's middle half▼ 1.1%€2.2mabove the sector's middle half▼ 58.7%€2.4mabove the sector's middle half▲ 8.7%
Debt€4.5m▼ 1.0%€4.3m▼ 3.1%€4.2m▼ 3.6%€1.1m▼ 74.4%€1.1m▲ 0.9%
Working capital€77,606▲ 1,207%€133,463▲ 72.0%€87,500▼ 34.4%€63,349▼ 27.6%€207,962▲ 228%
Solvency17.5%below the sector's middle half▲ 1.3pp18.8%below the sector's middle half▲ 1.4pp20.9%below the sector's middle half▲ 2.1pp50.8%within the sector's middle half▲ 29.9pp54.4%within the sector's middle half▲ 3.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets
€2.1m ▲ 1.7%
Current assets
€285,751 ▲ 118%
Equity and liabilities €2.4m
Equity
€1.3m ▲ 16.2%
Debt
€1.1m ▲ 0.9%
Debt's share of the balance-sheet total falls from 49.2% to 45.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.67▲
2024 · 1.93
Debt to equity
0.84▼
2024 · 0.97
ROE
14.0%▲
2024 · 0.2%
ROA
7.6%▲
2024 · 0.1%
Debt ≤ 1 year
€77,789▲
2024 · €67,983
Debt > 1 year
€1.0m=
2024 · €1.0m
Income taxes
€64,829▲
2024 · €32,010
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €221 | €1,797 | €3,684 | €1,403 | - | - |
| Other operating charges640/8 | €1,944 | €2,214 | €1,998 | €2,393 | €2,976 | ▲ 24.4% |
| Gross operating margin9900 | €112,608 | €93,760 | €145,347 | €131,009 | €214,211 | ▲ 63.5% |
| Operating profit (loss)9901 | €110,443 | €89,749 | €139,665 | €127,213 | €211,235 | ▲ 66.0% |
| Financial income75/76B | €90 | - | €500 | €200 | €34,940 | ▲ 17,370% |
| Recurring financial income75 | €90 | - | €500 | €200 | €34,940 | ▲ 17,370% |
| Financial charges65/66B | €5,362 | €5,070 | €3,220 | €93,583 | €1,793 | ▼ 98.1% |
| Recurring financial charges65 | €5,362 | €5,070 | €3,220 | €2,601 | €1,793 | ▼ 31.1% |
| Non-recurring financial charges66B | - | - | - | €90,982 | - | - |
| Profit (loss) for the period before taxes9903 | €105,171 | €84,679 | €136,945 | €33,830 | €244,382 | ▲ 622% |
| Income taxes67/77 | €28,851 | €24,441 | €36,592 | €32,010 | €64,829 | ▲ 103% |
| Profit (loss) for the period9904 | €76,320 | €60,238 | €100,353 | €1,820 | €179,553 | ▲ 9,766% |
| Profit (loss) for the period to be appropriated9905 | €76,320 | €60,238 | €100,353 | €1,820 | €179,553 | ▲ 9,766% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.4m | €5.3m | €5.3m | €2.2m | €2.4m | ▲ 8.7% |
| Fixed assets21/28 | €5.3m | €5.2m | €5.1m | €2.0m | €2.1m | ▲ 1.7% |
| Intangible fixed assets21 | €2,748 | €1,832 | €916 | - | - | - |
| Tangible fixed assets22/27 | €1,905 | €7,202 | €4,434 | - | - | - |
| Furniture and vehicles24 | €1,905 | €7,202 | €4,434 | - | - | - |
| Financial fixed assets28 | €5.3m | €5.1m | €5.1m | €2.0m | €2.1m | ▲ 1.7% |
| Current assets29/58 | €110,070 | €178,835 | €125,722 | €131,332 | €285,751 | ▲ 118% |
| Amounts receivable within one year40/41 | €35,661 | €31,823 | €60,272 | €121,710 | €41,099 | ▼ 66.2% |
| Trade receivables40 | €9,920 | €5,500 | €26,243 | €19,091 | €5,445 | ▼ 71.5% |
| Other amounts receivable41 | €25,741 | €26,323 | €34,029 | €102,619 | €35,654 | ▼ 65.3% |
| Cash at bank and in hand54/58 | €74,409 | €147,012 | €65,450 | €9,622 | €244,652 | ▲ 2,443% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.4m | €5.3m | €5.3m | €2.2m | €2.4m | ▲ 8.7% |
| Equity10/15 | €943,341 | €1.0m | €1.1m | €1.1m | €1.3m | ▲ 16.2% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €927,000 | €992,000 | €1.1m | €1.1m | €1.3m | ▲ 14.7% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | €925,000 | €990,000 | €1.1m | €1.1m | €1.3m | ▲ 14.7% |
| Profit (loss) carried forward14 | €6,341 | €1,579 | €3,932 | €5,752 | €25,305 | ▲ 340% |
| Amounts payable17/49 | €4.5m | €4.3m | €4.2m | €1.1m | €1.1m | ▲ 0.9% |
| Amounts payable after more than one year17 | €4.4m | €4.3m | €4.1m | €1.0m | €1.0m | = |
| Financial debts170/4 | €150,000 | €150,000 | - | - | - | - |
| Other amounts payable178/9 | €4.3m | €4.1m | €4.1m | €1.0m | €1.0m | = |
| Amounts payable within one year42/48 | €32,464 | €45,372 | €38,222 | €67,983 | €77,789 | ▲ 14.4% |
| Financial debts43 | €3,695 | - | - | - | - | - |
| Credit institutions430/8 | €3,695 | - | - | - | - | - |
| Trade debts44 | €28,769 | €45,372 | €31,472 | €61,223 | €42,789 | ▼ 30.1% |
| Suppliers440/4 | €28,769 | €45,372 | €31,472 | €61,223 | €42,789 | ▼ 30.1% |
| Taxes, remuneration and social security45 | - | - | €6,750 | €6,760 | €35,000 | ▲ 418% |
| Taxes450/3 | - | - | €6,750 | €6,760 | €35,000 | ▲ 418% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,320 | €60,238 | €100,353 | €1,820 | €179,553 | ▲ 9,766% |
| + Depreciation and write-downs630 | €221 | €1,797 | €3,684 | €1,403 | - | - |
| Operating cash flow (approximation) | €76,541 | €62,035 | €104,037 | €3,223 | €179,553 | ▲ 5,471% |
| Investment in fixed assets (approximation) | - | €143,822 | €0 | €3.1m | -€34,940 | ▼ 101% |
| Change in cash | - | €72,603 | -€81,562 | -€55,828 | €235,030 | ▲ 521% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
24-03
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2025
31-12
Financial
Highest result since 2018net €179,553 ▲9,766%
Operating result €211,235, net result €179,553, both a record.
16-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 77 days late
2024
31-12
Financial
Weakest financial yearnet €1,820 ▼98.2%
Net result drops to €1,820, the lowest in the series; recovery starts the following year.
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 141 days late
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 100 days late
2022
31-12
Financial
Equity above €1mEq €1.0m ▲6.4%
5 profitable years in a row build equity to €1.0m.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 3.39
Current ratio from 1.07 to 3.39; short-term debt falls from €79,647 to €32,464.
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 52 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 102 days late
Show earlier events
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 86 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 48 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 91 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has 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
6 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, Ottignies-Louvain-la-Neuve
Ground area
1.6 ha
Building footprint
2,085 m²
Volume, LiDAR
15,382 m³
Parcel 25056B0140/00P000, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25056B0140/00P000 | Wallonia | 1.6 ha | 1 · 2,085 m² | 9.3 m · 3 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
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
waylay
BE 0544.746.258
Gent · Eq €1,285,689
ALGEMENE PLEISTERWERKEN LEROY CHRISTOPHE
BE 0894.032.667
Ieper · Eq €1,285,698
DEVELOPMENT CENTRE
BE 0453.505.781
Grimbergen · Eq €1,284,839
MAXIS
BE 0893.235.881
Sint-Martens-Latem · Eq €1,285,959
LEAN
BE 0454.225.165
Mont-Saint-Guibert · Eq €1,286,132
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 25,116 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
Founded04-11-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
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.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.