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JYRAF

Active
Private limited companyfounded 20233 yrs activeRue des Fouarges 5, 4500 Huy, BelgiumKBO/BCE: BE 0797.560.625
Summary

JYRAF has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,864 and a net result of €4,986. Its solvency ranks better than 11% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability72▼-28
Solvency34▼-12
Growth52
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.26 in 2023; short-term debt: 39% and cash: 1.3% of total assets), and 91.3% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
8.7%
Return on assets
2.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 20783 sector peers (2024).
NBB · sector comparison
Position among 20783 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
43 d late
2023
96 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

JYRAF was incorporated on 24 January 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€14,864▲ 38.8%
2023 · €10,711
Total assets
€171,404▲ 238%
2023 · €50,677
Net result
€4,986▼ 80.3%
2023 · €25,354
Working capital
€3,902▼ 62.3%
2023 · €10,350
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€34,069-€11,079▼ 67.5%
Net result€25,354-€4,986▼ 80.3%
Equity€10,711-€14,864▲ 38.8%
Total assets€50,677-€171,404▲ 238%
Debt€39,966-€156,540▲ 292%
Working capital€10,350-€3,902▼ 62.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2023: €34,069€34,069Net result 2023: €25,354€25,354Operating result 2024: €11,079€11,079Net result 2024: €4,986€4,98620232024€0€10,000€20,000€30,000Operating result 2023: €34,069€34,100Net result 2023: €25,354€25,400Operating result 2024: €11,079€11,100Net result 2024: €4,986€4,99020232024
The operating result falls in 2024; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €171,404
Fixed assets €100,713 ▲ 27,740%
Current assets €70,691 ▲ 40.5%
Equity and liabilities €171,404
Equity €14,864 ▲ 38.8%
Debt €156,540 ▲ 292%
Debt's share of the balance-sheet total rises from 78.9% to 91.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€29,722▼
2023 · €36,231
Cash flow
€23,629▼
2023 · €27,516
Current ratio
1.06▼
2023 · 1.26
Quick ratio
1.04▼
2023 · 1.26
Debt to equity
10.53▲
2023 · 3.73
ROE
33.5%▼
2023 · 236.7%
ROA
2.9%▼
2023 · 50.0%
Interest coverage
10.89▼
2023 · 101.17
Debt ≤ 1 year
€66,789▲
2023 · €39,966
Debt > 1 year
€89,750
Income taxes
€4,420▼
2023 · €8,871
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
4.9% went bankrupt
2.1% stopped otherwise
92% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,136 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€50,677€171,404▲
Fixed assets21/28€362€100,713▲
Tangible fixed assets22/27€362€100,713▲
Land and buildings22-€94,530
Furniture and vehicles24€362€226▼
Other tangible fixed assets26-€5,957
Current assets29/58€50,315€70,691▲
Stocks and contracts in progress3-€1,090
Stocks30/36-€1,090
Amounts receivable within one year40/41€27,812€53,490▲
Trade receivables40€9,051€39,830▲
Other amounts receivable41€18,761€13,660▼
Cash at bank and in hand54/58€19,888€2,156▼
Deferred charges and accrued income490/1€2,615€13,956▲
Equity and liabilities
Total equity and liabilities10/49€50,677€171,404▲
Equity10/15€10,711€14,864▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€8,211€12,364▲
Amounts payable17/49€39,966€156,540▲
Amounts payable after more than one year17-€89,750
Financial debts170/4-€89,750
Amounts payable within one year42/48€39,966€66,789▲
Current portion of amounts payable after more than one year42-€4,802
Trade debts44€1,733€23,423▲
Suppliers440/4€1,733€23,423▲
Taxes, remuneration and social security45€26,233€37,732▲
Taxes450/3€26,233€35,232▲
Remuneration and social security454/9-€2,500
Other amounts payable47/48€12,000€833▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,162€18,643▲
Other operating charges640/8€207€1,083▲
Gross operating margin9900€36,438€30,805▼
Operating profit (loss)9901€34,069€11,079▼
Financial income75/76B€514€1,057▲
Recurring financial income75€514€1,057▲
Financial charges65/66B€358€2,730▲
Recurring financial charges65€358€2,730▲
Profit (loss) for the period before taxes9903€34,225€9,406▼
Income taxes67/77€8,871€4,420▼
Profit (loss) for the period9904€25,354€4,986▼
Profit (loss) for the period to be appropriated9905€25,354€4,986▼
Appropriation of the result
Profit (loss) to be appropriated9906€25,354€13,197▼
Profit (loss) brought forward from the previous period14P-€8,211
Profit to be distributed694/7€17,143€833▼
Return on contributions (dividend)694€17,143€833▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,162€18,643▲ 762%
Other operating charges640/8€207€1,083▲ 424%
Gross operating margin9900€36,438€30,805▼ 15.5%
Operating profit (loss)9901€34,069€11,079▼ 67.5%
Financial income75/76B€514€1,057▲ 106%
Recurring financial income75€514€1,057▲ 106%
Financial charges65/66B€358€2,730▲ 662%
Recurring financial charges65€358€2,730▲ 662%
Profit (loss) for the period before taxes9903€34,225€9,406▼ 72.5%
Income taxes67/77€8,871€4,420▼ 50.2%
Profit (loss) for the period9904€25,354€4,986▼ 80.3%
Profit (loss) for the period to be appropriated9905€25,354€4,986▼ 80.3%
Line20232024Change
Assets
Total assets20/58€50,677€171,404▲ 238%
Fixed assets21/28€362€100,713▲ 27,740%
Tangible fixed assets22/27€362€100,713▲ 27,740%
Land and buildings22-€94,530-
Furniture and vehicles24€362€226▼ 37.6%
Other tangible fixed assets26-€5,957-
Current assets29/58€50,315€70,691▲ 40.5%
Stocks and contracts in progress3-€1,090-
Stocks30/36-€1,090-
Amounts receivable within one year40/41€27,812€53,490▲ 92.3%
Trade receivables40€9,051€39,830▲ 340%
Other amounts receivable41€18,761€13,660▼ 27.2%
Cash at bank and in hand54/58€19,888€2,156▼ 89.2%
Deferred charges and accrued income490/1€2,615€13,956▲ 434%
Equity and liabilities
Total equity and liabilities10/49€50,677€171,404▲ 238%
Equity10/15€10,711€14,864▲ 38.8%
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€8,211€12,364▲ 50.6%
Amounts payable17/49€39,966€156,540▲ 292%
Amounts payable after more than one year17-€89,750-
Financial debts170/4-€89,750-
Amounts payable within one year42/48€39,966€66,789▲ 67.1%
Current portion of amounts payable after more than one year42-€4,802-
Trade debts44€1,733€23,423▲ 1,252%
Suppliers440/4€1,733€23,423▲ 1,252%
Taxes, remuneration and social security45€26,233€37,732▲ 43.8%
Taxes450/3€26,233€35,232▲ 34.3%
Remuneration and social security454/9-€2,500-
Other amounts payable47/48€12,000€833▼ 93.1%
Line20232024Change
Profit (loss) for the period9904€25,354€4,986▼ 80.3%
+ Depreciation and write-downs630€2,162€18,643▲ 762%
Operating cash flow (approximation)€27,516€23,629▼ 14.1%
Investment in fixed assets (approximation)--€118,994-
Change in cash--€17,733-

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

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Timeline · acts, filings and financial milestones

2025
12-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Huy · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
109 m²
Building footprint
62 m²
Volume, LiDAR
874 m³
Parcel 61031B0287/00A000, Wallonia · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
JYRAF
Rue des Fouarges 5, 4500 HuyManufacture of wearing apparel
since 20232.345.926.588
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61031B0287/00A000 Wallonia 109 m² 1 · 62 m² 16.8 m · 5 fl.
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.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 11,644 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
Founded24-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
62100Computer programming
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797560625
Registered 03-01-2026

Register as of 27 September 2026 · Peppol Directory

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