Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
JACOB COMPANY from Kortrijk, company number BE0446787245, closed financial year 2024 with a result of € 119,203 after tax. For that financial year JACOB COMPANY recorded revenue of € 6.7 million and equity of € -141,121. Compared with financial year 2023, the result moved from € 211,641 to € 119,203. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2025.
€ -141,121
▲ € 119,203 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119,203
▼ 44% vs 2023
Profit after tax over the fiscal year.
€ 98,001
▲ 196% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -209,121.
People and assets in 2024
6.9
Average over the fiscal year, from the social balance sheet.
€ 552,500
▼ 2% vs 2023
€ 80,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,568
▼ 31% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 750,000
▼ 11% vs 2023
Loans from banks and other lenders, long and short.
€ 385,995
▼ 48% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 74,133
▼ 18% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 8,160,868 | € 10,041,074 | € 6,659,810 | ▼ 34% |
| Gross margin | € 446,140 | - | - | - | |
| Profit after taxes | € -302,504 | € -192,279 | € 211,641 | € 119,203 | ▼ 44% |
| Equity | € -279,685 | € -471,964 | € -260,324 | € -141,121 | ▲ € 119,203 |
| Total debts | € 2,790,886 | € 3,339,189 | € 3,282,301 | € 2,266,756 | ▼ 31% |
| Cash | € 460,294 | € 127,912 | € 33,056 | € 98,001 | ▲ 196% |
| Land & buildings | € 13,733 | € 0 | - | - | |
| Retained profit | € -347,685 | € -539,964 | € -328,324 | € -209,121 | ▲ € 119,203 |
| Bank debt | € 821,509 | € 1,265,835 | € 843,384 | € 750,000 | ▼ 11% |
| Balance sheet total | € 2,529,410 | € 2,875,107 | € 3,021,978 | € 2,125,635 | ▼ 30% |
| Employees (FTE) | 11.7 | 7.9 | 6.9 | 6.9 |
Key figures of JACOB COMPANY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to JACOB COMPANY?
What happened at JACOB COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 119,203 (▼ 44% vs 2023). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 302,504 loss in 2021 to € 119,203 profit in 2024.
Paid € 3,849 in corporate taxes since 2021.
Best year ever: 2023, with € 211,641 profit.
On average € 38,100 of value added per employee in 2021.
Management
The stake of International Sales Promotion Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
JACOB COMPANYBehind JACOB COMPANY is INTERNATIONAL SALES PROMOTION SERVICES, afgekort ISPS BV. The shares are held by International Sales Promotion Services (100%). It owns 100% of Jacob Company HK Ltd. itself.
Directors
According to the 2024 annual accounts
INTERNATIONAL SALES PROMOTION SERVICES, afgekort ISPS BV
Director · represented by Luc Jennes
Shareholders
Participations
Jacob Company HK Ltd.
100%
Establishments
Establishment units
Physical locations of this company
Burg. Felix de Bethunelaan(Kor) 33
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.787.245
- VAT number
- BE 0446.787.245
- Registered office
- Burg. Felix de Bethunelaan(Kor) 33, 8500 Kortrijk
- Names & denominations
- JACOB COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 1992
- Peppol
- Active · Active since 26 Jun 2025
- Contact
- [email protected] 051311616
- Activities · NACE
Groothandel in lederwaren en reisartikelen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment