Losses
-€1.3m in five years
Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.
JULASYLFLO
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €419,227 (2020)
-€51,727▲ €13,332
lowest -€297,759 (2024)
-€286,456▲ €11,303
peak €3.6m (2015)
€2.2m▼ 11.7%
€3.8m▲ 2.2%
peak 1 FTE (2018)
-not published
Board4 names since 2021
4 directorsDominique NIEUWENHUYS and 3 others
Documentsfilings and deeds
20-07-202611 days before the deadline
2025abbreviated format
Gross margin from -€65,059 to -€51,727Loss of €286,456Cash from €16,688 to €8,798
Key points
from the 2025 annual accountsInvestments
€39,585 0.2 × depreciation
Green is investment, beige is depreciation.
Position in the sector
-€286,456
Lower net result than 95% of companies in real estate. Sector median €9,997 · 11,290 companies.
Checked score
89
Excellent
Financially stronger than 24% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.01, cash €8,798
Loss of €286,456, the second in a row (financial year 2025)
lowers risk
Size: total assets €6.0m
Founded in 1993
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 56% of them on solvency, 14% on liquidity, 6% on profitability and 21% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as JULASYLFLO has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JULASYLFLO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for JULASYLFLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.01 (0.02 in 2024), below 1. Short-term debt is 63.2% and cash 0.1% of total assets. 63.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 -€286,456
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 days early
2024
3 days early
2023
13 days early
2022
5 days early
2021
58 days late
2020
109 days late
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: Georges de CARTIER d'YVES (director)
General meeting of 13-04-2026 · Gazette deed
Capital increase of BEF 15,987,000 to BEF 47,020,000
Capital from BEF 31,033,000 to BEF 47,020,000, 15,987 new shares · Reappointments: Dominique NIEUWENHUYS (managing director), Flore de CARTIER d’YVES and Sylvain de CARTIER d’YVES · “Gestion dans la plus large acceptation du terme, de son patrimoine mobilier et immobilier plus précisément sa…” (deed in French) · General meeting of 16-02-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451922109
1 director appointed, 3 reappointments
Reappointments: Dominique NIEUWENHUYS (managing director), Flore de CARTIER d'YVES and Sylvain de CARTIER d'YVES · Appointment: Dominique NIEUWENHUYS (chair of the board and managing director) · Director discharge: Dominique NIEUWENHUYS · General meeting of 15-11-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JULASYLFLO Genappe | €6.0m | -€51,727 | 36.1% | - |
| FEMO Zulte | €6.0m | -€13,022 | 26.2% | 0 |
| BM GROTIUS Zutendaal | €4.7m | -€1,436 | 99.3% | - |
| ENSIS Antwerp | €5.1m | -€146,392 | 66.3% | - |
| DE VENNEN Oud-Heverlee | €5.1m | -€33,066 | 40.6% | - |
| GENERATION INVEST Etterbeek | €4.4m | -€102,868 | 34.8% | - |
| ADRAS Invest Anderlecht | €4.4m | -€10,239 | 98.6% | - |
These companies have the same main activity as JULASYLFLO: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €4.4m and €6m, founded between 1987 and 1999.
Official details
Source: KBO- Status
- Active since 21-12-1993Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 4 others
- Establishment unit
- 2.270.181.2681476 Genappe, since 19-09-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 06-02-2026
Annual accounts 2025
- €6.0m▼ 3.3%
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on JULASYLFLO
JULASYLFLO files the abbreviated format. That format states no turnover. The gross margin fell from €682 in 2006 to -€51,727 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets.
In February 2022, the Official Gazette published the appointment of Dominique NIEUWENHUYS as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JULASYLFLO
- What is the company number of JULASYLFLO?
- The company number of JULASYLFLO is 0451.922.109. The VAT number is the same number with BE in front: BE 0451.922.109.
- Where is JULASYLFLO based?
- The registered office is at Rue de Nivelles 4, 1476 Genappe.Company details
- What does JULASYLFLO do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of JULASYLFLO?
- JULASYLFLO is a public limited company (NV).
- When was JULASYLFLO founded?
- JULASYLFLO was founded on 21-12-1993.
- Is JULASYLFLO still active?
- Yes, JULASYLFLO is an active enterprise in the KBO register.
- How many employees does JULASYLFLO have?
- JULASYLFLO had an average of 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of JULASYLFLO?
- The annual accounts for financial year 2025 state no turnover.
- Is JULASYLFLO profitable?
- In financial year 2025, JULASYLFLO made a loss of €286,456.
- Where can I find the annual accounts of JULASYLFLO?
- JULASYLFLO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JULASYLFLO due?
- JULASYLFLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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