JULAN
ActiveSummary
JULAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152k and a net result of €-75k. Equity is shrinking by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▲+7
Solvency29▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.5 against 1.19 in 2024; short-term debt: 10.4% and cash: 6.8% of total assets), but 95.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-75k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4556 sector peers (2025).
NBB · sector comparisonPosition among 4556 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
22 d early
2023
15 d early
2022
27 d early
2021
31 d early
2020
30 d early
2019
14 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-75k▲ 29.2%
2024 · €-105k
2018: €-141k
2019: €-294k▼ -109% vs 2018lowest in 8 years
2020: €-187k▲ +36.6% vs 2019
2021: €-232k▼ -24.2% vs 2020
2022: €-171k▲ +26.1% vs 2021
2023: €-87k▲ +49.0% vs 2022
2024: €-105k▼ -20.5% vs 2023
2025: €-75k▲ +29.2% vs 2024highest in 8 years
2018 → 2025
Working capital
€183k▲ 145%
2024 · €75k
2018: €150k
2019: €240k▲ +59.6% vs 2018
2020: €347k▲ +44.6% vs 2019highest in 8 years
2021: €203k▼ -41.5% vs 2020
2022: €110k▼ -45.8% vs 2021
2023: €32k▼ -71.2% vs 2022lowest in 8 years
2024: €75k▲ +136% vs 2023
2025: €183k▲ +145% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€590k-€419k▼ 29.0%€332k▼ 20.9%€226k▼ 31.7%€152k▼ 32.9%
2021: €590khighest in 5 years
2022: €419k▼ -29.0% vs 2021
2023: €332k▼ -20.9% vs 2022
2024: €226k▼ -31.7% vs 2023
2025: €152k▼ -32.9% vs 2024lowest in 5 years
Operating result€-147k-€-95k▲ 35.4%€30k€7k▼ 78.3%€12k▲ 81.3%
2021: €-147klowest in 5 years
2022: €-95k▲ +35.4% vs 2021
2023: €30k▲ +132% vs 2022highest in 5 years
2024: €7k▼ -78.3% vs 2023
2025: €12k▲ +81.3% vs 2024
Net result€-232k-€-171k▲ 26.1%€-87k▲ 49.0%€-105k▼ 20.5%€-75k▲ 29.2%
2021: €-232klowest in 5 years
2022: €-171k▲ +26.1% vs 2021
2023: €-87k▲ +49.0% vs 2022
2024: €-105k▼ -20.5% vs 2023
2025: €-75k▲ +29.2% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 81% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.50M
Fixed assets
€2.95M ▼ 10.1%
Current assets
€547k ▲ 14.9%
Equity and liabilities €3.50M
Equity
€152k ▼ 32.9%
Provisions
€145k ▼ 14.8%
Debt
€3.20M ▼ 4.7%
Debt's share of the balance-sheet total rises from 89.5% to 91.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€348k▲
2024 · €341k
Cash flow
€262k▲
2024 · €229k
Current ratio
1.50▲
2024 · 1.19
Debt to equity
21.10▲
2024 · 14.86
ROE
-49.1%▼
2024 · -46.5%
ROA
-2.1%▲
2024 · -2.8%
Interest coverage
2.95▲
2024 · 2.28
Debt ≤ 1 year
€364k▼
2024 · €401k
Debt > 1 year
€2.79M▼
2024 · €2.91M
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.76M€3.50M▼
Fixed assets21/28€3.28M€2.95M▼
Tangible fixed assets22/27€3.28M€2.95M▼
Land and buildings22€3.28M€2.95M▼
Current assets29/58€476k€547k▲
Amounts receivable within one year40/41€309k€309k=
Trade receivables40€69k€108k▲
Other amounts receivable41€240k€202k▼
Cash at bank and in hand54/58€166k€237k▲
Equity and liabilities
Total equity and liabilities10/49€3.76M€3.50M▼
Equity10/15€226k€152k▼
Contributions10/11€260k€260k=
Capital10€260k€260k=
Issued capital100€260k€260k=
Reserves13€537k€461k▼
Non-distributable reserves130/1€26k€26k=
Legal reserve130€26k€26k=
Tax-exempt reserves132€511k€435k▼
Profit (loss) carried forward14€-570k€-569k▲
Provisions and deferred taxes16€170k€145k▼
Deferred taxes168€170k€145k▼
Amounts payable17/49€3.36M€3.20M▼
Amounts payable after more than one year17€2.91M€2.79M▼
Financial debts170/4€1.39M€1.10M▼
Other amounts payable178/9€1.52M€1.69M▲
Amounts payable within one year42/48€401k€364k▼
Current portion of amounts payable after more than one year42€313k€292k▼
Trade debts44€52k€36k▼
Suppliers440/4€52k€36k▼
Other amounts payable47/48€36k€36k=
Accrued charges and deferred income492/3€56k€50k▼
Income statement
Code20242025
Non-recurring operating income76A€13k€11k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€335k€336k▲
Other operating charges640/8€52k€52k▲
Gross operating margin9900€393k€400k▲
Operating profit (loss)9901€7k€12k▲
Financial income75/76B€13k€6k▼
Recurring financial income75€13k€6k▼
Financial charges65/66B€150k€118k▼
Recurring financial charges65€150k€118k▼
Profit (loss) for the period before taxes9903€-130k€-100k▲
Transfer from deferred taxes780€25k€25k=
Profit (loss) for the period9904€-105k€-75k▲
Transfer from tax-exempt reserves789€76k€76k=
Profit (loss) for the period to be appropriated9905€-30k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-570k€-569k▲
Profit (loss) brought forward from the previous period14P€-541k€-570k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €41k | €35k | €13k | €11k | ▼ 12.8% |
| Remuneration, social security and pensions62 | €39k | €62k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €334k | €334k | €334k | €335k | €336k | ▲ 0.5% |
| Other operating charges640/8 | €43k | €47k | €48k | €52k | €52k | ▲ 1.0% |
| Non-recurring operating charges66A | - | - | €19 | - | - | - |
| Gross operating margin9900 | €269k | €347k | €412k | €393k | €400k | ▲ 1.9% |
| Operating profit (loss)9901 | €-147k | €-95k | €30k | €7k | €12k | ▲ 81.3% |
| Financial income75/76B | €3k | €4k | €13k | €13k | €6k | ▼ 52.0% |
| Recurring financial income75 | €3k | €4k | €13k | €13k | €6k | ▼ 52.0% |
| Financial charges65/66B | €113k | €105k | €155k | €150k | €118k | ▼ 21.4% |
| Recurring financial charges65 | €113k | €105k | €155k | €150k | €118k | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | €-257k | €-197k | €-113k | €-130k | €-100k | ▲ 23.5% |
| Transfer from deferred taxes780 | €25k | €25k | €25k | €25k | €25k | = |
| Profit (loss) for the period9904 | €-232k | €-171k | €-87k | €-105k | €-75k | ▲ 29.2% |
| Transfer from tax-exempt reserves789 | €76k | €76k | €76k | €76k | €76k | = |
| Profit (loss) for the period to be appropriated9905 | €-156k | €-96k | €-12k | €-30k | €1k | ▲ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.91M | €4.55M | €4.09M | €3.76M | €3.50M | ▼ 6.9% |
| Fixed assets21/28 | €4.26M | €3.95M | €3.61M | €3.28M | €2.95M | ▼ 10.1% |
| Tangible fixed assets22/27 | €4.26M | €3.95M | €3.61M | €3.28M | €2.95M | ▼ 10.1% |
| Land and buildings22 | €4.26M | €3.95M | €3.61M | €3.28M | €2.95M | ▼ 10.1% |
| Furniture and vehicles24 | €575 | €169 | - | - | - | - |
| Current assets29/58 | €654k | €598k | €476k | €476k | €547k | ▲ 14.9% |
| Amounts receivable within one year40/41 | €469k | €424k | €291k | €309k | €309k | = |
| Trade receivables40 | €191k | €63k | €82k | €69k | €108k | ▲ 55.7% |
| Other amounts receivable41 | €278k | €361k | €209k | €240k | €202k | ▼ 16.0% |
| Cash at bank and in hand54/58 | €184k | €173k | €186k | €166k | €237k | ▲ 42.6% |
| Deferred charges and accrued income490/1 | €1k | €721 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.91M | €4.55M | €4.09M | €3.76M | €3.50M | ▼ 6.9% |
| Equity10/15 | €590k | €419k | €332k | €226k | €152k | ▼ 32.9% |
| Contributions10/11 | €260k | €260k | €260k | €260k | €260k | = |
| Capital10 | €260k | €260k | €260k | €260k | €260k | = |
| Issued capital100 | €260k | €260k | €260k | €260k | €260k | = |
| Reserves13 | €764k | €688k | €612k | €537k | €461k | ▼ 14.1% |
| Non-distributable reserves130/1 | €26k | €26k | €26k | €26k | €26k | = |
| Legal reserve130 | €26k | €26k | €26k | €26k | €26k | = |
| Tax-exempt reserves132 | €738k | €662k | €586k | €511k | €435k | ▼ 14.8% |
| Profit (loss) carried forward14 | €-433k | €-529k | €-541k | €-570k | €-569k | ▲ 0.2% |
| Provisions and deferred taxes16 | €246k | €221k | €195k | €170k | €145k | ▼ 14.8% |
| Deferred taxes168 | €246k | €221k | €195k | €170k | €145k | ▼ 14.8% |
| Amounts payable17/49 | €4.08M | €3.91M | €3.56M | €3.36M | €3.20M | ▼ 4.7% |
| Amounts payable after more than one year17 | €3.61M | €3.40M | €3.06M | €2.91M | €2.79M | ▼ 4.0% |
| Financial debts170/4 | €2.52M | €2.04M | €1.70M | €1.39M | €1.10M | ▼ 21.0% |
| Other amounts payable178/9 | €1.09M | €1.36M | €1.36M | €1.52M | €1.69M | ▲ 11.6% |
| Amounts payable within one year42/48 | €451k | €488k | €445k | €401k | €364k | ▼ 9.2% |
| Current portion of amounts payable after more than one year42 | €230k | €355k | €339k | €313k | €292k | ▼ 6.7% |
| Trade debts44 | €86k | €44k | €70k | €52k | €36k | ▼ 31.2% |
| Suppliers440/4 | €86k | €44k | €70k | €52k | €36k | ▼ 31.2% |
| Advances received on contracts in progress46 | €30k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €71k | €53k | - | - | - | - |
| Taxes450/3 | €66k | €53k | - | - | - | - |
| Remuneration and social security454/9 | €5k | - | - | - | - | - |
| Other amounts payable47/48 | €36k | €36k | €36k | €36k | €36k | = |
| Accrued charges and deferred income492/3 | €15k | €17k | €55k | €56k | €50k | ▼ 11.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-232k | €-171k | €-87k | €-105k | €-75k | ▲ 29.2% |
| + Depreciation and write-downs630 | €334k | €334k | €334k | €335k | €336k | ▲ 0.5% |
| Operating cash flow (approximation) | €102k | €162k | €247k | €229k | €262k | ▲ 14.1% |
| Investment in fixed assets (approximation) | - | €-22k | €0 | €-4k | €-6k | ▼ 48.0% |
| Change in cash | - | €-10k | €12k | €-19k | €71k | ▲ 470% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-294k
Net result drops to €-294k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Evergem · 1 establishment unit since 2002
Ground area
1.4 ha
Building footprint
7,593 m²
Volume, LiDAR
63,958 m³
Parcel 44019B0639/00M000, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Finlandstraat 19, 9940 Evergem
since 20022.095.743.891
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019B0639/00M000 | Flanders | 1.4 ha | 1 · 7,593 m² | 10.5 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.
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.