Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JAS from Mortsel, company number BE0567805435, closed financial year 2025 with a result of € -17,703 after tax. For that financial year JAS recorded revenue of € 333,672 and equity of € 22,084. Compared with financial year 2024, the result moved from € 4,977 to € -17,703. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 22,084
▼ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,703
▼ still € 4,977 profit in 2024
Profit after tax over the fiscal year.
€ 10,016
▲ € 7,673 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3,484.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,215
▲ € 30,418 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,026
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,608
▼ 38% vs 2024
€ 9,148 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,955
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,632
▲ 233% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 270,193 | € 305,384 | € 333,672 | ▲ 9% |
| Gross margin | € 18,920 | € 30,628 | € 27,261 | € 33,313 | ▲ 22% |
| Profit after taxes | € 3,529 | € 9,044 | € 4,977 | € -17,703 | ▼ € 22,680 |
| Equity | € 25,766 | € 34,810 | € 39,787 | € 22,084 | ▼ 44% |
| Total debts | € 48,942 | € 67,304 | € 66,429 | € 51,195 | ▼ 23% |
| Cash | € 12,202 | € 1,896 | € 2,343 | € 10,016 | ▲ € 7,673 |
| Retained profit | € 7,166 | € 16,210 | € 21,187 | € 3,484 | ▼ 84% |
| Bank debt | € 40,000 | € 31,845 | € 23,399 | € 14,608 | ▼ 38% |
| Balance sheet total | € 74,708 | € 102,114 | € 106,216 | € 73,279 | ▼ 31% |
Key figures of JAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to JAS?
What happened at JAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,703 (▼ € 22,680 vs 2024). Source: NBB ↗
- Kirat KHURANA became a director. NBB
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,529 profit in 2022 to € 17,703 loss in 2025.
Paid € 6,200 in corporate taxes since 2022.
Best year ever: 2023, with € 9,044 profit.
Management
Behind JAS is Kirat KHURANA.
Directors
According to the 2025 annual accounts
Kirat KHURANA
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Edegemsestraat 90
2640 Mortsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0567.805.435
- VAT number
- BE 0567.805.435
- Registered office
- Edegemsestraat 90, 2640 Mortsel
- Names & denominations
- JAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2014
- Peppol
- Active · Active since 1 May 2025
- Activities · NACE
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