Just Connect
The computed 12-month bankruptcy probability of Just Connect is 1.8% (moderate). The 2024 annual accounts show equity of €228k and a net result of €235k. Equity is growing by ~139.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 1224 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €228k |
| Net result | €235k |
| Staff (FTE) | 3.7 |
| Better than sector | 79% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.7% | 20.4% | |
| Net result | €235k | €26k | |
| Equity | €228k | €142k | |
| Gross operating margin | €583k | €216k | |
| Staff costs | €208k | €162k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €373k |
| Net profit | €235k |
| Cash flow | €261k |
| Staff costs | €208k |
| Income taxes | €100k |
| Dividends | €80k |
| Total assets | €432k |
| Equity | €228k |
| Debt | €204k |
| of which ≤ 1y | €185k |
| of which > 1y | €19k |
| Working capital | €191k |
| Employees (FTE) | 3.7 |
| 2024 | |
|---|---|
| Current ratio | 2.03 |
| Quick ratio | 2.03 |
| Working capital ratio | 44.2% |
| Solvency | 52.7% |
| Debt / equity | 0.90 |
| Long-term debt ratio | 0.08 |
| Interest coverage | 30.28 |
| Gross margin | - |
| Net margin | - |
| ROA | 54.4% |
| ROE | 103.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €432k |
| Fixed assets | 21/28 | €56k |
| Intangible fixed assets | 21 | €46k |
| Tangible fixed assets | 22/27 | €5k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €376k |
| Amounts receivable within one year | 40/41 | €244k |
| Cash & bank | 54/58 | €130k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €432k |
| Equity | 10/15 | €228k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €218k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €204k |
| Amounts payable after one year | 17 | €19k |
| Amounts payable within one year | 42/48 | €185k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €583k |
| Operating result | 9901 | €348k |
| Financial income | 75 | €28 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €335k |
| Income taxes | 67/77 | €100k |
| Net result for the period | 9904 | €235k |
| Result to be appropriated | 9905 | €235k |
| NACE primary | Retail trade(47400) |
| Legal form | Private limited company(610) |
| Incorporation | 06-10-2021 |
| Status | Active |
| Postal code | 8792 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002E0170/00M000 | Flanders | 4,808 m² | 1 · 472 m² | 13.9 m · 3 fl. |
| 34010A0490/00F000 | Flanders | 1,711 m² | 1 · 181 m² | 6.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-04-2025 Registered office moved from Anzegem to Desselgem
- Morgenzon 3, 8570 Anzegem → Gentseweg 125, 8792 Desselgem
Technical details
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"street_number": "3",
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"effective_date": "2025-02-24",
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"co_filed_documents": [
"Annexes du Moniteur belge",
"In de bijlagen bij het Belgisch Staatsblad bekend te maken kopie na neerlegging van de akte ter griffie"
]
}13-05-2024 1 director appointed, 1 resigning
- BV umain Gent, Dagelijks bestuur
- Kim De Cock, Bestuurder
Technical details
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"statutory": "niet_statutair",
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"effective_date": "2024-04-01",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van Kim De Cock als niet-statutaire bestuurder, en dit met ingang op 1/04/2024. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
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"country": "BE",
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"unanimous": true
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{
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"co_filed_documents": [
"Annexes du Moniteur belge",
"Voorbehouden aan het Belgisch Staatsblad",
"Mod PDF 19.01"
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"corrected_publication_numac": null
}08-05-2023 2 directors appointed
- Verini Spillebeen, Bestuurder
- BV umain Gent, Dagelijks bestuur
Technical details
{
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"evidence_quote": "De algemene vergadering beslist tot de benoeming van Verini Spillebeen als niet-statutaire bestuurder, en dit met ingang op 01/04/2023. Dit mandaat geldt voor onbepaalde duur. Het mandaat is onbezoldigd, tenzij de algemene vergadering daar met een gewone meerderheid 1 anders over zou beslissen.",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Just Connect |