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JTRONICX

Inactive
KBO/BCE: BE 0650.841.690

JTRONICX was declared bankrupt on 11-05-2023 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 11-02-2025, published in the Belgian State Gazette on 18-02-2025.

Summary

Inactive; last annual accounts for fiscal year 2022.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
30 d early
2020
4 d early
2019
27 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2022, micro schema

Equity
€208k▼ 5.6%
2021 · €220k
2018: €59k 2019: €101k 2020: €165k 2021: €220k
2018 → 2022
Total assets
€240k▼ 6.5%
2021 · €257k
2018: €144k 2019: €170k 2020: €419k 2021: €257k
2018 → 2022
Net result
€-12k
2021 · €55k
2018: €20k 2019: €42k 2020: €63k 2021: €55k
2018 → 2022
Working capital
€208k▼ 5.6%
2021 · €220k
2018: €83k 2019: €128k 2020: €160k 2021: €220k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€59k-€101k▲ 70.3%€165k▲ 62.6%€220k▲ 33.4%€208k▼ 5.6%
Operating result€29k-€56k▲ 94.8%€84k▲ 48.6%€71k▼ 14.9%€-11k
Net result€20k-€42k▲ 112%€63k▲ 51.6%€55k▼ 13.1%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2018: €29k€29kNet result 2018: €20k€20kOperating result 2019: €56k€56kNet result 2019: €42k€42kOperating result 2020: €84k€84kNet result 2020: €63k€63kOperating result 2021: €71k€71kNet result 2021: €55k€55kOperating result 2022: €-11k€-11kNet result 2022: €-12k€-12k20182019202020212022€-25k€0€25k€50k€75kOperating result 2020: €84k€84kNet result 2020: €63k€63kOperating result 2021: €71k€71kNet result 2021: €55k€55kOperating result 2022: €-11k€-11kNet result 2022: €-12k€-12k202020212022
The operating result turns negative in 2022: a loss of €11k after €71k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €240k
Equity €208k ▼ 5.6%
Debt €33k ▼ 12.2%
Debt's share of the balance-sheet total falls from 14.6% to 13.7%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
Current ratio
7.29▲
2021 · 6.85
Debt to equity
0.16▼
2021 · 0.17
ROE
-5.9%▼
2021 · 25.1%
ROA
-5.1%▼
2021 · 21.4%
Debt ≤ 1 year
€33k▼
2021 · €38k
Income taxes
€351▼
2021 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 33 lines
Balance sheet Code20212022
Assets
Total assets20/58€257k€240k▼
Current assets29/58€257k€240k▼
Amounts receivable within one year40/41€239k€240k▲
Other amounts receivable41€239k€240k▲
Cash at bank and in hand54/58€19k-
Equity and liabilities
Total equity and liabilities10/49€257k€240k▼
Equity10/15€220k€208k▼
Contributions10/11€6k€6k=
Reserves13€214k€201k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€212k€199k▼
Amounts payable17/49€38k€33k▼
Amounts payable within one year42/48€38k€33k▼
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€69€2k▲
Suppliers440/4€69€2k▲
Taxes, remuneration and social security45€37k€16k▼
Taxes450/3€37k€16k▼
Income statement Code20212022
Other operating charges640/8€737€788▲
Gross operating margin9900€72k€-10k▼
Operating profit (loss)9901€71k€-11k▼
Financial charges65/66B€387€699▲
Recurring financial charges65€387€699▲
Profit (loss) for the period before taxes9903€71k€-12k▼
Income taxes67/77€16k€351▼
Profit (loss) for the period9904€55k€-12k▼
Profit (loss) for the period to be appropriated9905€55k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€-12k▼
Transfer from equity791/2-€12k
Transfer to equity691/2€55k-
To other reserves6921€55k-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-02
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 11-02-2025
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
17-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 11-05-2023
2022
31-12
Financial Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 6.85
Current ratio from 1.63 to 6.85; short-term debt falls from €254k to €38k.
31-12
Financial Equity above €200kEq €220k ▲33.4%
4 profitable years in a row build equity to €220k.
27-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €63k ▲51.6%
Operating result €84k, net result €63k, both a record.
31-12
Financial Equity above €150kEq €165k ▲62.6%
3 profitable years in a row build equity to €165k.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial Equity above €100kEq €101k ▲70.3%
2 profitable years in a row build equity to €101k.
Show earlier events
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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

Insolvency mandates

2 mandates
Role Name Tenure
Curator HERMAN DRIESSEN
KUNSTLAAN 10 BUS A01, 3500 HASSELT
11-05-2023 → 11-02-2025
Curator ILSE VRANKEN
KUNSTLAAN 10 BUS A01, 3500 HASSELT
11-05-2023 → 11-02-2025