JST.SECURITY
InactiveJST.SECURITY was declared bankrupt on 22-12-2021 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 24-04-2023, published in the Belgian State Gazette on 28-04-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 24-08-2021, 24 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
24 d late
2019
56 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€111k▲ 8.6%
2019 · €102k
2018: €83k
2019: €102k
2018 → 2020
Total assets
€694k▲ 23.7%
2019 · €561k
2018: €607k
2019: €561k
2018 → 2020
Net result
€9k▼ 54.9%
2019 · €20k
2018: €3k
2019: €20k
2018 → 2020
Working capital
€75k
2019 · €-1k
2018: €12k
2019: €-1k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€83k-€102k▲ 23.6%€111k▲ 8.6%
Operating result€10k-€25k▲ 147%€16k▼ 36.7%
Net result€3k-€20k▲ 605%€9k▼ 54.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 37% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €694k
Fixed assets
€409k▲ 6.6%
Current assets
€285k▲ 60.6%
Equity and liabilities €694k
Equity
€111k▲ 8.6%
Debt
€582k▲ 27.1%
The debt ratio rises from 81.8% to 84.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▼
2019 · €53k
Cash flow
€35k▼
2019 · €48k
Solvency
16.0%▼
2019 · 18.2%
Current ratio
1.36▲
2019 · 0.99
Quick ratio
0.83▲
2019 · 0.82
Debt / equity
3.36▲
2019 · 2.74
ROE
7.9%▼
2019 · 19.1%
ROA
1.3%▼
2019 · 3.5%
Debt
€582k▲
2019 · €458k
Debt ≤ 1 year
€209k▲
2019 · €178k
Debt > 1 year
€373k▲
2019 · €280k
Income taxes
€482▼
2019 · €6k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€561k€694k▲
Fixed assets21/28€383k€409k▲
Intangible fixed assets21€17k€44k▲
Tangible fixed assets22/27€367k€364k▼
Financial fixed assets28-€250
Current assets29/58€177k€285k▲
Stocks and contracts in progress3€31k€112k▲
Amounts receivable within one year40/41€120k€96k▼
Cash at bank and in hand54/58€14k€68k▲
Equity and liabilities
Total equity and liabilities10/49€561k€694k▲
Equity10/15€102k€111k▲
Reserves13€84k€93k▲
Amounts payable17/49€458k€582k▲
Amounts payable after more than one year17€280k€373k▲
Amounts payable within one year42/48€178k€209k▲
Trade debts44€28k€47k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€27k▼
Gross operating margin9900€54k€104k▲
Operating profit (loss)9901€25k€16k▼
Recurring financial income75€2k€107▼
Recurring financial charges65€12k€6k▼
Profit (loss) for the period before taxes9903€25k€9k▼
Income taxes67/77€6k€482▼
Profit (loss) for the period9904€20k€9k▼
Profit (loss) for the period to be appropriated9905€51k€9k▼
Timeline · acts, filings and financial milestones
2023
28-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · IOOS BV DONK- LAAN 182, 9290 BERLARE · event 24-04-2023
2021
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · IOOS BV DONKLAAN 182, 9290 BERLARE · event 22-12-2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
13-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 197 days late
2019
31-12
Financial
Highest result since 2018net €20k ▲605%
Operating result €25k, net result €20k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲23.6%
2 profitable years in a row build equity to €102k.
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
22-12-2021 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 3,477 EUR awarded · 3,477 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,477 EUR | 3,477 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)