JUGARIU
ActiveThe computed 12-month bankruptcy probability of JUGARIU is 5.6% (elevated). The 2025 annual accounts show negative equity (€-667) and a net result of €-4k. Equity is shrinking by ~139.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 256 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▲+8
Solvency21▼-25
Growth32=
Track record94
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 1.26 in 2024; short-term debt: 83.5% and cash: 11.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-3.7%
Return on assets
-23%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-667
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 3 filingsDeviation from the deadline
2025
29 d late
2024
54 d late
2023
26 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-667
2024 · €3k
2023: €9k
2024: €3k
2023 → 2025
Total assets
€18k▲ 6.3%
2024 · €17k
2023: €25k
2024: €17k
2023 → 2025
Net result
€-4k▲ 25.2%
2024 · €-6k
2023: €7k
2024: €-6k
2023 → 2025
Working capital
€-10k
2024 · €3k
2023: €6k
2024: €3k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€9k-€3k▼ 61.4%€-667
Operating result€10k-€-4k€-2k▲ 49.9%
Net result€7k-€-6k€-4k▲ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
Assets €18k
Fixed assets
€13k
Current assets
€5k
Key figures and ratios
EBITDA
€2k▲
2024 · €-922
Cash flow
€-325▲
2024 · €-3k
Solvency
-3.7%▼
2024 · 20.5%
Current ratio
0.32▼
2024 · 1.26
Quick ratio
0.32▼
2024 · 1.26
ROA
-23.0%▲
2024 · -32.7%
Interest coverage
1.02▲
2024 · -0.62
Debt
€19k▲
2024 · €13k
Debt ≤ 1 year
€15k▲
2024 · €13k
Debt > 1 year
€4k
Income taxes
€361▼
2024 · €537
Equity ratios withheld: equity of €-667 is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17k€18k▲
Fixed assets21/28€0€13k▲
Tangible fixed assets22/27€0€13k▲
Furniture and vehicles24€0€13k▲
Current assets29/58€17k€5k▼
Amounts receivable within one year40/41€15k€2k▼
Trade receivables40€14k€537▼
Other amounts receivable41€893€2k▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€826€472▼
Equity and liabilities
Total equity and liabilities10/49€17k€18k▲
Equity10/15€3k€-667▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€477€-4k▼
Amounts payable17/49€13k€19k▲
Amounts payable after more than one year17-€4k
Financial debts170/4-€4k
Amounts payable within one year42/48€13k€15k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€11k€836▼
Taxes450/3€7k€836▼
Remuneration and social security454/9€5k€0▼
Other amounts payable47/48€1k€430▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€229€3k▲
Operating profit (loss)9901€-4k€-2k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-5k€-4k▲
Income taxes67/77€537€361▼
Profit (loss) for the period9904€-6k€-4k▲
Profit (loss) for the period to be appropriated9905€-6k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€477€-4k▼
Profit (loss) brought forward from the previous period14P€6k€477▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼181%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 2022
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.
Begijnenstraat 1789100 Sint-NiklaasGround area
118 m²
Building footprint
81 m²
Volume, LiDAR
399 m³
Parcel 46446B0266/00F000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JUGARIU
since 20222.337.829.365
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46446B0266/00F000 | Flanders | 118 m² | 1 · 81 m² | 9.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
WESERVE BELGIUM
BE 0772.788.310
Gent · Eq €4k
DREAMMACHINE
BE 0860.433.649
Charleroi · Eq €3k
eEUROPA BELGIUM
BE 0755.728.087
Elsene · Eq €4k
Detant Sales
BE 0729.727.634
Avelgem · Eq €3k
SORAN
BE 0686.789.197
Schaarbeek · Eq €4k
Of 1,377 companies in sector 61100 we hold annual accounts for 586. 154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2022
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
61900Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.