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 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2023; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
JJ Retail from Nieuwerkerken (Limb.), company number BE0682907714, closed financial year 2023 with a result of € -169,254 after tax. For that financial year JJ Retail recorded a gross margin of € 284,979 and equity of € -165,793. Compared with financial year 2022, the result moved from € -93,589 to € -169,254. The company made a loss. 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 February 26, 2024.
€ -165,793
▼ € 169,254 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -169,254
▼ 81 % more loss than in 2022
Profit after tax over the fiscal year.
€ 49,279
▼ 1% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -247,566.
People and assets in 2023
8.6
▼ 2.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 302,227
▲ 1% vs 2022
€ 35,100 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.
€ 7,700
▼ 84% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 550,594
▼ 28% vs 2022
€ 95,822 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 416,232
▲ 6% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 14,177
▼ 18% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 361,779 | € 284,979 | ▼ 21% |
| Profit after taxes | € -93,589 | € -169,254 | ▼ € 75,666 |
| Equity | € 3,461 | € -165,793 | ▼ € 169,254 |
| Total debts | € 1,177,235 | € 1,000,297 | ▼ 15% |
| Cash | € 49,779 | € 49,279 | ▼ 1% |
| Land & buildings | € 66,146 | € 52,189 | ▼ 21% |
| Retained profit | € -77,312 | € -247,566 | ▼ € 170,254 |
| Bank debt | € 763,636 | € 550,594 | ▼ 28% |
| Balance sheet total | € 1,180,696 | € 834,504 | ▼ 29% |
| Employees (FTE) | 10.8 | 8.6 | ▼ 2.2 |
Key figures of JJ Retail, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 October 2024.
What happened to JJ Retail?
What happened at JJ Retail in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
JJ Retail is active according to the CBE. Legal situation: Opening faillissement.
- Corrected annual accounts filed for financial year 2023. filed late Source: NBB ↗
- New establishment in Nieuwerkerken (Limb.). KBO
- New establishment in Zoutleeuw. KBO
- JJ Management became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 93,589 loss in 2022 to € 169,254 loss in 2023.
On average € 33,100 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2023 annual accounts
Andere functie · represented by Joachim Jamar
since 2017
Establishments
Establishment units
Physical locations of this company
Pastorijstraat 2 D
3850 Nieuwerkerken (Limb.)
Terweidenstraat 12
3440 Zoutleeuw
Active since 13 October 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0682.907.714
- VAT number
- BE 0682.907.714
- Registered office
- Pastorijstraat 2 D, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- JJ Retail
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 13 October 2017
- Peppol
- Not registered
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)