JULLIGHT
ActiveSummary
The computed 12-month bankruptcy probability of JULLIGHT is 2.0% (moderate). The 2025 annual accounts show equity of €309,880 and a net result of €102,112. Equity is growing by ~39% per year across the filed fiscal years. Its solvency ranks better than 48% of 198 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-9
Solvency73▼-19
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 3.33 in 2024; short-term debt: 49.6% and cash: 3.4% of total assets), but 51.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.5%
Return on assets
16%
Age of the figures
9 mo
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 31-03-2026, 122 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
122 d early
2024
27 d early
2023
36 d early
2022
24 d early
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€309,880▼ 0.1%
2024 · €310,311
Total assets
€639,371▲ 38.5%
2024 · €461,586
Net result
€102,112▼ 6.3%
2024 · €108,984
Working capital
€313,487▼ 2.4%
2024 · €321,240
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€70,488-€22,106▼ 68.6%€188,668▲ 753%€146,444▼ 22.4%€138,607▼ 5.4%
Net result€49,333above the sector's middle half-€13,445within the sector's middle half▼ 72.7%€137,049above the sector's middle half▲ 919%€108,984above the sector's middle half▼ 20.5%€102,112above the sector's middle half▼ 6.3%
Equity€50,833within the sector's middle half-€64,277within the sector's middle half▲ 26.4%€201,326above the sector's middle half▲ 213%€310,311above the sector's middle half▲ 54.1%€309,880above the sector's middle half▼ 0.1%
Total assets€126,343within the sector's middle half-€240,348within the sector's middle half▲ 90.2%€334,615within the sector's middle half▲ 39.2%€461,586above the sector's middle half▲ 37.9%€639,371above the sector's middle half▲ 38.5%
Debt€75,510-€176,070▲ 133%€133,289▼ 24.3%€151,275▲ 13.5%€329,491▲ 118%
Working capital€64,819-€79,847▲ 23.2%€205,933▲ 158%€321,240▲ 56.0%€313,487▼ 2.4%
Solvency40.2%within the sector's middle half-26.7%within the sector's middle half▼ 13.5pp60.2%within the sector's middle half▲ 33.4pp67.2%within the sector's middle half▲ 7.1pp48.5%within the sector's middle half▼ 18.8pp
above
within
below
the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, 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
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €639,371
Fixed assets
€8,881 ▲ 245%
Current assets
€630,490 ▲ 37.4%
Equity and liabilities €639,371
Equity
€309,880 ▼ 0.1%
Debt
€329,491 ▲ 118%
Debt's share of the balance-sheet total rises from 32.8% to 51.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€140,246▼
2024 · €147,611
Cash flow
€103,751▼
2024 · €110,152
Current ratio
1.99▼
2024 · 3.33
Quick ratio
0.89▼
2024 · 1.34
Debt to equity
1.06▲
2024 · 0.49
ROE
33.0%▼
2024 · 35.1%
ROA
16.0%▼
2024 · 23.6%
Interest coverage
14.62▼
2024 · 19.56
Debt ≤ 1 year
€317,003▲
2024 · €137,769
Debt > 1 year
€1,488▼
2024 · €13,506
Income taxes
€27,067▼
2024 · €29,943
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,776 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,220 | €1,302 | €1,660 | €1,167 | €1,639 | ▲ 40.4% |
| Other operating charges640/8 | €112 | €910 | €1,007 | €961 | €966 | ▲ 0.5% |
| Gross operating margin9900 | €71,819 | €24,318 | €191,335 | €148,572 | €141,212 | ▼ 5.0% |
| Operating profit (loss)9901 | €70,488 | €22,106 | €188,668 | €146,444 | €138,607 | ▼ 5.4% |
| Financial income75/76B | €31 | €1 | €0 | €29 | €163 | ▲ 457% |
| Recurring financial income75 | €31 | €1 | €0 | €29 | €163 | ▲ 457% |
| Financial charges65/66B | €2,865 | €3,919 | €5,235 | €7,546 | €9,591 | ▲ 27.1% |
| Recurring financial charges65 | €2,865 | €3,919 | €5,235 | €7,546 | €9,591 | ▲ 27.1% |
| Profit (loss) for the period before taxes9903 | €67,654 | €18,188 | €183,433 | €138,927 | €129,179 | ▼ 7.0% |
| Income taxes67/77 | €18,321 | €4,743 | €46,384 | €29,943 | €27,067 | ▼ 9.6% |
| Profit (loss) for the period9904 | €49,333 | €13,445 | €137,049 | €108,984 | €102,112 | ▼ 6.3% |
| Profit (loss) for the period to be appropriated9905 | €49,333 | €13,445 | €137,049 | €108,984 | €102,112 | ▼ 6.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €126,343 | €240,348 | €334,615 | €461,586 | €639,371 | ▲ 38.5% |
| Fixed assets21/28 | €2,505 | €6,882 | €5,222 | €2,577 | €8,881 | ▲ 245% |
| Tangible fixed assets22/27 | €2,505 | €6,882 | €5,222 | €2,577 | €8,881 | ▲ 245% |
| Plant, machinery and equipment23 | €2,505 | €3,733 | €2,849 | €1,965 | €3,926 | ▲ 99.8% |
| Furniture and vehicles24 | - | €1,178 | €895 | €611 | €4,955 | ▲ 710% |
| Leasing and similar rights25 | - | €1,971 | €1,478 | €0 | - | - |
| Current assets29/58 | €123,839 | €233,466 | €329,393 | €459,009 | €630,490 | ▲ 37.4% |
| Stocks and contracts in progress3 | €87,863 | €178,879 | €199,129 | €274,891 | €349,107 | ▲ 27.0% |
| Stocks30/36 | €87,863 | €178,879 | €199,129 | €274,891 | €349,107 | ▲ 27.0% |
| Amounts receivable within one year40/41 | €15,060 | €44,409 | €120,089 | €130,827 | €217,033 | ▲ 65.9% |
| Trade receivables40 | €9,571 | €44,409 | €120,089 | €100,904 | €212,268 | ▲ 110% |
| Other amounts receivable41 | €5,488 | €0 | - | €29,923 | €4,765 | ▼ 84.1% |
| Cash at bank and in hand54/58 | €20,916 | €10,178 | €3,725 | €53,291 | €21,449 | ▼ 59.8% |
| Deferred charges and accrued income490/1 | - | - | €6,450 | €0 | €42,901 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €126,343 | €240,348 | €334,615 | €461,586 | €639,371 | ▲ 38.5% |
| Equity10/15 | €50,833 | €64,277 | €201,326 | €310,311 | €309,880 | ▼ 0.1% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €49,000 | €62,400 | €199,400 | €308,380 | €308,380 | = |
| Distributable reserves133 | €49,000 | €62,400 | €199,400 | €308,380 | €308,380 | = |
| Profit (loss) carried forward14 | €333 | €377 | €426 | €431 | €0 | ▼ 100% |
| Amounts payable17/49 | €75,510 | €176,070 | €133,289 | €151,275 | €329,491 | ▲ 118% |
| Amounts payable after more than one year17 | €16,491 | €22,251 | €9,829 | €13,506 | €1,488 | ▼ 89.0% |
| Financial debts170/4 | €16,491 | €22,251 | €9,829 | €13,506 | €1,488 | ▼ 89.0% |
| Amounts payable within one year42/48 | €59,020 | €153,619 | €123,460 | €137,769 | €317,003 | ▲ 130% |
| Current portion of amounts payable after more than one year42 | €9,965 | €16,321 | €12,423 | €14,747 | €12,017 | ▼ 18.5% |
| Financial debts43 | - | €50,000 | €50,000 | €70,187 | €106,500 | ▲ 51.7% |
| Credit institutions430/8 | - | €50,000 | €50,000 | €70,187 | €106,500 | ▲ 51.7% |
| Trade debts44 | €30,727 | €31,589 | €43,338 | €36,810 | €83,224 | ▲ 126% |
| Suppliers440/4 | €30,727 | €31,589 | €43,338 | €36,810 | €83,224 | ▲ 126% |
| Taxes, remuneration and social security45 | €18,321 | €25,762 | €17,700 | €16,026 | €2,718 | ▼ 83.0% |
| Taxes450/3 | €18,321 | €25,762 | €17,700 | €16,026 | €2,718 | ▼ 83.0% |
| Other amounts payable47/48 | €7 | €29,948 | €0 | - | €112,543 | - |
| Accrued charges and deferred income492/3 | - | €200 | €0 | - | €11,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,333 | €13,445 | €137,049 | €108,984 | €102,112 | ▼ 6.3% |
| + Depreciation and write-downs630 | €1,220 | €1,302 | €1,660 | €1,167 | €1,639 | ▲ 40.4% |
| Operating cash flow (approximation) | €50,553 | €14,746 | €138,709 | €110,152 | €103,751 | ▼ 5.8% |
| Investment in fixed assets (approximation) | - | -€5,679 | €0 | €1,478 | -€7,944 | ▼ 637% |
| Change in cash | - | -€10,739 | -€6,453 | €49,566 | -€31,842 | ▼ 164% |
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €137,049 ▲919%
Operating result €188,668, net result €137,049, both a record.
31-12
Financial
Equity above €200,000Eq €201,326 ▲213%
3 profitable years in a row build equity to €201,326.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €13,445 ▼72.7%
Net result drops to €13,445, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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, Aalter · 1 establishment unit since 2020
Ground area
1,384 m²
Parcel 44001B0083/00D005, Flanders. Linked by address, not a title deed.
1 establishment unit
JULLIGHT
since 20202.304.098.111
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0083/00D005 | Flanders | 1,384 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,753 EUR awarded · 3,753 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,528 EUR | 3,528 EUR |
| 2024 | 1 | 225 EUR | 225 EUR |
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Of 257 companies in sector 27402 we hold annual accounts for 157. 113 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
Founded02-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
46474Wholesale trade
47552Retail sale of lighting equipment
Contact
Website
www.jullight.be
E-mail
info@Jullight.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747782205
Also
9925:BE0747782205
Registered
06-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.