Equity
-€172,973
Debts exceed assets in financial year 2024.
Just Splendid
Lifetime
2 annual accounts with figures on one time axispeak €88,629 (2023)
€9,161▼ 89.7%
lowest -€151,430 (2023)
-€83,043▲ €68,387
peak -€89,930 (2023)
-€172,973▼ €83,043
€1.5m▲ 2.6%
Board3 names since 2022
3 directorsJohannes ROIJAKKERS and 2 others
Owners
consolidatesSmall & Medium Enterprises Rotterdam B.V.
Documentsfilings and deeds
23-07-2026357 days late
2024abbreviated format
UBO non-compliance 18-11Gross margin from €88,629 to €9,161Loss of €83,043Equity from -€89,930 to -€172,973
Key points
from the 2024 annual accountsLosses
-€234,473 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
Turnover
≈ €36,000 estimated
The abbreviated format states no turnover.
Debts
€1.5m 113% of the balance sheet
After one year 91%Within one year 9%
€1.0m of the debts are secured on the company's own assets. In 2023 that was €1.1m.
Board
2 left
Directors left. Latest change 22-05-2026 · 1 in office.
Position in the sector
-13.1%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 53.7% · 8,093 companies.
2025 accounts not filed, 102 days past the deadline
Checked score
28
Weak
Financially stronger than 15% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
11.7% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%lowest value
01-2025: 1.1%● unchanged vs 12-2024lowest value
02-2025: 1.9%▲ +0.8 percentage points vs 01-2025
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 1.9%● unchanged vs 04-2025
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 1.9%● unchanged vs 06-2025
08-2025: 1.9%● unchanged vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.5%▼ -0.4 percentage points vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.4%▼ -0.1 percentage points vs 06-2026
08-2026: 8.2%▲ +6.8 percentage points vs 07-2026
09-2026: 9.2%▲ +1.0 percentage point vs 08-2026
10-2026: 11.7%▲ +2.5 percentage points vs 09-2026highest value
11-2026: 11.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 357 days late; 2 of the last 3 accounts late
Liquidity: current ratio 0.20, cash €762
Figures for financial year 2024 (filed on 23-07-2026)
Ex-officio strike-off in the KBO
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 70, micro). It does better than 7% of them on solvency, 35% on liquidity, 11% on profitability and 5% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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, 1,251 companies had the same profile as Just Splendid has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Just Splendid itself is higher: 11.7% within 12 months. It rests on far more data about Just Splendid than the profile alone.
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 1,251 companies, not a prediction for Just Splendid. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.2 (0.2 in 2023), below 1. Short-term debt is 10.1% and cash 0.1% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Eight signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€172,973
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 357 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2026, 357 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
357 days late
2023
722 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 540 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Board and ownership
- Small & Medium Enterprises Rotterdam B.V. consolidatesannual accounts 2024
Recent changes
2 directors appointed, 2 resignations
Resignations: Joop Roijakkers and Jan Coene · Appointments: Jan Coene and Small & Medium Enterprises Rotterdam BV · Permanent representative: Jan Coene · General meeting of 09-10-2024 · Gazette deed
UBO non-compliance
effective 04-11-2024 · KBO administration
Incorporation
Founding capital of €61,500, 100 shares · Founder: Small & Medium Enterprises Rotterdam · Appointment: Johannes ROIJAKKERS (director) · published on 14-07-2022 · Gazette deed
First establishment
Lanceloot Blondeellaan 11, Bruges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Just Splendid Bruges | €1.3m | €9,161 | -13.1% | - |
| GREVEN HOLDING Bilzen-Hoeselt | €1.7m | €8,035 | 47.3% | - |
| Mylofam Tervuren | €0.9m | €7,273 | 13.0% | - |
| Ten Boekel Evergem | €1.7m | €7,055 | 60.0% | - |
| Schellekens Holding Beveren-Kruibeke-Zwijndrecht | €0.9m | €9,808 | 25.4% | - |
| KAOMI Wielsbeke | €2.0m | €13,470 | 54.4% | - |
| BS INVEST Sint-Niklaas | €2.1m | €13,531 | 0.0% | 0 |
These companies have the same main activity as Just Splendid: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €888,000 and €2.1m, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 12-07-2022Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Activities of head officesNACE 70100and 3 others
- Establishment unit
- 2.334.516.3218380 Bruges, since 12-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on Just Splendid
The computed 12-month bankruptcy probability of Just Splendid is 11.7% (high). The 2024 annual accounts show negative equity (-€172,973) and a net result of -€83,043.
Its solvency ranks better than 5% of 8,093 sector peers (NACE 70, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
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 Just Splendid
- What is the company number of Just Splendid?
- The company number of Just Splendid is 0788.517.651. The VAT number is the same number with BE in front: BE 0788.517.651.
- Where is Just Splendid based?
- The registered office is at Lanceloot Blondeellaan 11, 8380 Bruges.Company details
- What does Just Splendid do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of Just Splendid?
- Just Splendid is a private limited company (BV).
- When was Just Splendid founded?
- Just Splendid was founded on 12-07-2022.
- Is Just Splendid still active?
- Yes, Just Splendid is an active enterprise in the KBO register.
- What is the turnover of Just Splendid?
- The turnover in financial year 2024 is ≈ €36,000. This figure is estimated from the gross margin of €9,161 and 144 comparable companies (NACE 70). It probably lies between €16,000 and €89,000. It is a rough estimate.Financials
- Is Just Splendid profitable?
- In financial year 2024, Just Splendid made a loss of €83,043.
- Where can I find the annual accounts of Just Splendid?
- Just Splendid filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.