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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JLS from Welkenraedt, company number BE0607903948, closed financial year 2025 with a result of € 33,796 after tax. For that financial year JLS recorded a gross margin of € 56,950 and equity of € -73,327. Compared with financial year 2024, the result moved from € 32,661 to € 33,796. Profitable, and profit is growing. 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 August 28, 2026.
€ -73,327
▲ € 33,796 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,796
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 8,179
▲ € 7,637 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -98,327.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,927
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 31,413
▲ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,023
▼ 54% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,976 | € 17,102 | € 55,647 | € 56,950 | ▲ 2% |
| Profit after taxes | € -41,501 | € -6,439 | € 32,661 | € 33,796 | ▲ 3% |
| Equity | € -133,346 | € -139,785 | € -107,123 | € -73,327 | ▲ € 33,796 |
| Total debts | € 228,722 | € 216,854 | € 163,289 | € 116,968 | ▼ 28% |
| Cash | € 4,023 | € 1,269 | € 542 | € 8,179 | ▲ € 7,637 |
| Retained profit | € -158,346 | € -164,785 | € -132,123 | € -98,327 | ▲ € 33,796 |
| Balance sheet total | € 95,376 | € 77,069 | € 56,166 | € 43,641 | ▼ 22% |
Key figures of JLS, 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 JLS?
What happened at JLS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,796 (▲ 3% vs 2024). filed late Source: NBB ↗
- New establishment in Welkenraedt. KBO
- Start of the company according to the CBE. KBO
- Joël Hubert Pelzer became a director. NBB
In short
From € 41,501 loss in 2022 to € 33,796 profit in 2025.
Best year ever: 2025, with € 33,796 profit.
Management
Behind JLS is Joël Hubert Pelzer.
Directors
According to the 2025 annual accounts
Joël Hubert Pelzer
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Rue de Baelen 59
4840 Welkenraedt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0607.903.948
- VAT number
- BE 0607.903.948
- Registered office
- Rue de Baelen 59, 4840 Welkenraedt
- Names & denominations
- JLS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2015
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
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