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JT PADEL

Active
Private limited companyfounded 20233 yrs activeRue Praile(NAL) 88, 6120 Ham-sur-Heure-Nalinnes, BelgiumKBO/BCE: BE 0804.888.479
Summary

JT PADEL has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37,845 and a net result of €27,585. Its solvency ranks better than 38% of 3024 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability80▲+80
Solvency38▼-62
Growth78
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.11; short-term debt: 58% and cash: 4.6% of total assets), and 87.3% 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
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 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
12.7%
Return on assets
9.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
148 d late
2023
119 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 134 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 18 August 2023, JT PADEL was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€37,845▲ 269%
2023 · €10,260
Total assets
€297,175▲ 2,796%
2023 · €10,260
Net result
€27,585
2023 · -€4,740
Working capital
-€152,864
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€4,656-€35,453
Net result-€4,740within the sector's middle half-€27,585above the sector's middle half
Equity€10,260within the sector's middle half-€37,845within the sector's middle half▲ 269%
Total assets€10,260below the sector's middle half-€297,175within the sector's middle half▲ 2,796%
Debt€259,330
Working capital-€152,864below the sector's middle half
Solvency100.0%above the sector's middle half-12.7%within the sector's middle half▼ 87.3pp
Current ratio0.11below the sector's middle half
Return on assets (ROA)-46.2%below the sector's middle half-9.3%within the sector's middle half▲ 55.5pp
above within below the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation 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
-€20,000€0€20,000€40,000Operating result 2023: -€4,656-€4,656Net result 2023: -€4,740-€4,740Operating result 2024: €35,453€35,453Net result 2024: €27,585€27,58520232024-€20,000€0€20,000€40,000Operating result 2023: -€4,656-€4,660Net result 2023: -€4,740-€4,740Operating result 2024: €35,453€35,500Net result 2024: €27,585€27,60020232024
The operating result returns to profit in 2024: €35,453 after a loss of €4,656 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €297,069
Fixed assets €277,489 ▲ 5,735%
Current assets €19,579 ▲ 294%
Equity and liabilities €297,175
Equity €37,845
Debt €259,330
Debt finances 87.3% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€58,271▲
2023 · -€4,142
Cash flow
€50,403▲
2023 · -€4,226
Debt to equity
6.85
ROE
72.9%▲
2023 · -46.2%
Interest coverage
7.41▲
2023 · -49.31
Debt ≤ 1 year
€172,443
Debt > 1 year
€86,887
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€10,260€297,175▲
Formation expenses20€531€106▼
Fixed assets21/28€4,756€277,489▲
Tangible fixed assets22/27€4,756€277,489▲
Land and buildings22€4,756€276,834▲
Furniture and vehicles24-€655
Current assets29/58€4,973€19,579▲
Amounts receivable within one year40/41€2,039€6,025▲
Trade receivables40-€6,025
Other amounts receivable41€2,039-
Cash at bank and in hand54/58€2,934€13,554▲
Equity and liabilities
Total equity and liabilities10/49€10,260€297,175▲
Equity10/15€10,260€37,845▲
Contributions10/11€15,000€15,000=
Profit (loss) carried forward14-€4,740€22,845▲
Amounts payable17/49-€259,330
Amounts payable after more than one year17-€86,887
Financial debts170/4-€86,887
Amounts payable within one year42/48-€172,443
Current portion of amounts payable after more than one year42-€25,330
Trade debts44-€11,474
Suppliers440/4-€11,474
Advances received on contracts in progress46-€3,134
Taxes, remuneration and social security45-€7,505
Taxes450/3-€7,505
Other amounts payable47/48-€125,000
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€513€22,819▲
Other operating charges640/8-€384
Gross operating margin9900-€4,142€58,656▲
Operating profit (loss)9901-€4,656€35,453▲
Financial charges65/66B€84€7,868▲
Recurring financial charges65€84€7,868▲
Profit (loss) for the period before taxes9903-€4,740€27,585▲
Profit (loss) for the period9904-€4,740€27,585▲
Profit (loss) for the period to be appropriated9905-€4,740€27,585▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,740€22,845▲
Profit (loss) brought forward from the previous period14P--€4,740

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€513€22,819▲ 4,344%
Other operating charges640/8-€384-
Gross operating margin9900-€4,142€58,656▲ 1,516%
Operating profit (loss)9901-€4,656€35,453▲ 862%
Financial charges65/66B€84€7,868▲ 9,267%
Recurring financial charges65€84€7,868▲ 9,267%
Profit (loss) for the period before taxes9903-€4,740€27,585▲ 682%
Profit (loss) for the period9904-€4,740€27,585▲ 682%
Profit (loss) for the period to be appropriated9905-€4,740€27,585▲ 682%
Line20232024Change
Assets
Total assets20/58€10,260€297,175▲ 2,796%
Formation expenses20€531€106▼ 80.0%
Fixed assets21/28€4,756€277,489▲ 5,735%
Tangible fixed assets22/27€4,756€277,489▲ 5,735%
Land and buildings22€4,756€276,834▲ 5,721%
Furniture and vehicles24-€655-
Current assets29/58€4,973€19,579▲ 294%
Amounts receivable within one year40/41€2,039€6,025▲ 195%
Trade receivables40-€6,025-
Other amounts receivable41€2,039--
Cash at bank and in hand54/58€2,934€13,554▲ 362%
Equity and liabilities
Total equity and liabilities10/49€10,260€297,175▲ 2,796%
Equity10/15€10,260€37,845▲ 269%
Contributions10/11€15,000€15,000=
Profit (loss) carried forward14-€4,740€22,845▲ 582%
Amounts payable17/49-€259,330-
Amounts payable after more than one year17-€86,887-
Financial debts170/4-€86,887-
Amounts payable within one year42/48-€172,443-
Current portion of amounts payable after more than one year42-€25,330-
Trade debts44-€11,474-
Suppliers440/4-€11,474-
Advances received on contracts in progress46-€3,134-
Taxes, remuneration and social security45-€7,505-
Taxes450/3-€7,505-
Other amounts payable47/48-€125,000-
Line20232024Change
Profit (loss) for the period9904-€4,740€27,585▲ 682%
+ Depreciation and write-downs630€513€22,819▲ 4,344%
Operating cash flow (approximation)-€4,226€50,403▲ 1,293%
Investment in fixed assets (approximation)--€295,552-
Change in cash-€10,620-

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

2025
26-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 148 days late
2024
31-12
Financial Back to profitnet €27,585
Net result €27,585 after one loss-making year.
27-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
Financial 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.

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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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,507 m²
Building footprint
297 m²
Volume, LiDAR
1,453 m³
Parcel 56058C0826/00H000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
333 Padel
Rue Praile(NAL) 88, 6120 Ham-sur-Heure-NalinnesOther education
since 20242.369.469.676
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56058C0826/00H000 Wallonia 3,507 m² 1 · 297 m² 7.1 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.

Similar companies · same sector, comparable size

Of 3,294 companies in sector 93110 we hold annual accounts for 1,500. 920 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
Founded18-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804888479
Registered 07-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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