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JULPAX

Active
Private limited companyfounded 2024active for 1 yearWaverse steenweg 1163, 1160 Oudergem, BelgiumKBO/BCE: BE 1017.804.568
Summary

JULPAX has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,865 and a net result of -€35,135. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
“Holdingmaatschappij” (deed in Dutch)
From the articles, 7 activitiesNo NACE code in the KBO yet1 site
Size
€1.6mtotal assets 2025
Equity
€64,865
Loss
-€35,135
Turnover not published (micro format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Holdings
1
2025 accounts 8 days early
Why 82raises riskFounded in 2024lowers riskSize: total assets €1.6mNo main activity registeredFigures for financial year 2025 (filed 23-07-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 18% of its sector peers (no NACE code, micro)
Financial strength
Weak
Solvency 29
equity 4.0% of total assets
Liquidity 38
short-term debt 32.5% · cash 1.3%
Profitability 16
return on assets -2.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 2.5% 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.6%▲ +0.1 percentage points vs 02-2026 04-2026: 3.0%▲ +0.4 percentage points vs 03-2026 05-2026: 3.2%▲ +0.2 percentage points vs 04-2026 06-2026: 3.5%▲ +0.3 percentage points vs 05-2026highest value 07-2026: 3.5%● unchanged vs 06-2026highest value 08-2026: 0.3%▼ -3.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.04, below 1; short-term debt: 32.5% and cash: 1.3% of total assets), and 96% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 19% on solvency, 21% on liquidity and 15% on profitability.

The bankruptcy probability was computed on 30-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 23-07-2026)
NBB · annual accounts
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 23-07-2026, 8 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
8 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: LAHAYE Julien Paul Alessandro…

Financials · financial year 2025, micro format

Equity
€64,865
Total assets
€1.6m
Net result
-€35,135
Working capital
-€511,559

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €1.6m
Fixed assets €1.6m
Current assets €21,495
Equity and liabilities €1.6m
Equity €64,865
Debt €1.6m
Debt finances 96.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€520
Cash flow
-€31,995
Current ratio
0.04
Debt to equity
24.31
ROE
-54.2%
ROA
-2.1%
Interest coverage
-0.02
Debt ≤ 1 year
€533,054
Debt > 1 year
€1.0m
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€1.6m
Formation expenses20€166
Fixed assets21/28€1.6m
Financial fixed assets28€1.6m
Current assets29/58€0.02m
Cash at bank and in hand54/58€0.02m
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15€0.06m
Contributions10/11€0.1m
Profit (loss) carried forward14-€0.04m
Amounts payable17/49€1.6m
Amounts payable after more than one year17€1.0m
Financial debts170/4€1.0m
Amounts payable within one year42/48€0.5m
Current portion of amounts payable after more than one year42€0.2m
Trade debts44€76
Suppliers440/4€76
Other amounts payable47/48€0.3m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.003m
Gross operating margin9900-€0.001m
Operating profit (loss)9901-€0.004m
Financial charges65/66B€0.03m
Recurring financial charges65€0.03m
Profit (loss) for the period before taxes9903-€0.04m
Profit (loss) for the period9904-€0.04m
Profit (loss) for the period to be appropriated9905-€0.04m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.04m

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,140
Gross operating margin9900-€520
Operating profit (loss)9901-€3,661
Financial charges65/66B€31,474
Recurring financial charges65€31,474
Profit (loss) for the period before taxes9903-€35,135
Profit (loss) for the period9904-€35,135
Profit (loss) for the period to be appropriated9905-€35,135
Line2025
Assets
Total assets20/58€1.6m
Formation expenses20€166
Fixed assets21/28€1.6m
Financial fixed assets28€1.6m
Current assets29/58€0.02m
Cash at bank and in hand54/58€0.02m
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15€0.06m
Contributions10/11€0.1m
Profit (loss) carried forward14-€0.04m
Amounts payable17/49€1.6m
Amounts payable after more than one year17€1.0m
Financial debts170/4€1.0m
Amounts payable within one year42/48€0.5m
Current portion of amounts payable after more than one year42€0.2m
Trade debts44€76
Suppliers440/4€76
Other amounts payable47/48€0.3m
Line2025
Profit (loss) for the period9904-€35,135
+ Depreciation and write-downs630€3,140
Operating cash flow (approximation)-€31,995

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-07-2026 2026-00321550

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
LAHAYE Julien Paul Alessandro
Director · since 27-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
LAHAYE Julien Paul Alessandro
  • Director, from 27-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 27-12-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 27-12-2024 Incorporation · €100,000 · 100 shares

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of JULPAX and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 23 December 2024, JULPAX was incorporated as a private limited company by one natural person, with a starting capital of €100,000.12 LAHAYE Julien Paul Alessandro has served as director of the company since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
23-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
27-12
Gazette deed Incorporation
Appointment: LAHAYE Julien Paul Alessandro (director) · Founder · Founding capital5 facts ▸
  • Incorporation, 20-12-2024
  • Founder, LAHAYE Julien Paul Alessandro
  • Founding capital, €100,000
  • Director appointment, LAHAYE Julien Paul Alessandro (director)
  • Other provision, “website en e-mailadres” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded23-12-2024
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017804568
Also 9925:BE1017804568
Registered 29-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,418 m²
Building footprint
1,486 m²
Building volume
9,792 m³
Parcel 21002A0192/00G002, Brussels · tallest building 16.2 m. Linked by address, not a title deed.
1 establishment unit
JULPAX
Waverse steenweg 1163, 1160 OudergemActivities of holding companies
since 2024unit no. 2.368.952.410
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21002A0192/00G002 Brussels 1,418 m² 1 · 1,486 m² 16.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Holdingmaatschappij; Management activiteiten van holdings; Zij mag alle commerciële,industriële en financiële activiteiten en alle onroerend…” (deed in Dutch)
7 activities (deed in Dutch)
  1. Holdingmaatschappij
  2. Management activiteiten van holdings
  3. Zij mag alle commerciële,industriële en financiële activiteiten en alle onroerend en roerend goedactiviteiten verrichten,die rechtstreeks of onrechtstreeks verband houden met haar voorwerp,alsook activiteiten die haar zullen toelaten voordeel te halen voor haar ontwikkeling,met inbegrip van de onderaanneming in het algemeen en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben.
  4. Zij mag alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtsreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap.
  5. De vennootschap kan alle opdrachten waarnemen met betrekking tot het bestuur,het beheer,de directie,de controle en de vereffening van alle vennootschappen en ondernemingen.
  6. De vennootschap mag bij wijze van inbreng in speciën of in natura,fusie,inschrijving,deelneming,financiële tussenkomst of anderszins,belangen nemen in andere bestaande of op te richten vennootschappen of ondernemingen,in België of in het buitenland,waarvan het voorwerp verwant of analoog is met het hare of van aard haar voorwerp te bevorderen.
  7. Zij mag ook alle leningen toestaan of leningen waarborgen die door derden zijn toegestaan

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Julpax
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Brussels Gewest, 1160 Oudergem,Waverse steenweg 1163” (deed in Dutch)

deed of 27-12-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Behalve deze die de wet of de statuten aan de algemene vergadering voorbehouden, geheel van de bevoegdheden aan hem toegekend,met…” (deed in Dutch)
“1” (deed in Dutch)

deed of 27-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100” (deed in Dutch)

deed of 27-12-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Monday of June at 18:00

deed of 27-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stemrecht, wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht” (deed in Dutch)
Liquidation distribution: “Goederen die nog in natura voorhanden zijn op dezelfde wijze verdeeld, elk aandeel geeft gelijk recht bij verdeling overschot na vereffening…” (deed in Dutch)

deed of 27-12-2024