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 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2021; threshold 65 %.
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Late annual account NBB
Fiscal year 2021 was filed 464 days after the legal deadline.
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Busy address KBO
100 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
JAZZ & BEER DISTRIBUTION from Sint-Jans-Molenbeek, company number BE0690893683, closed financial year 2021 with a result of € 30,940 after tax. For that financial year JAZZ & BEER DISTRIBUTION recorded a gross margin of € 24,161 and equity of € -3,657. Compared with financial year 2020, the result moved from € -58,280 to € 30,940. 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 November 7, 2023.
€ -3,657
▲ € 30,940 vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,940
▲ still € 58,280 loss in 2020
Profit after tax over the fiscal year.
€ 1,087
▼ 97% vs 2020
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2021. Retained profit grew to € -44,657.
People and assets in 2021
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,433
▲ 80% vs 2020
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 27,617
▲ 50% vs 2020
Book value of vehicles, furniture and equipment.
Debts at end 2021
€ 25,463
▼ 15% vs 2020
€ 16,507 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 68,366
▲ 15% vs 2020
Supplier invoices still open on the last day of the fiscal year.
€ 8,803
▲ € 7,158 vs 2020
Taxes, VAT and social contributions still to pay.
| 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|
| Gross margin | € -37,163 | € 24,161 | ▲ € 61,324 |
| Profit after taxes | € -58,280 | € 30,940 | ▲ € 89,220 |
| Equity | € -34,597 | € -3,657 | ▲ € 30,940 |
| Total debts | € 169,980 | € 175,471 | ▲ 3% |
| Cash | € 31,204 | € 1,087 | ▼ 97% |
| Retained profit | € -75,597 | € -44,657 | ▲ € 30,940 |
| Bank debt | € 30,026 | € 25,463 | ▼ 15% |
| Balance sheet total | € 135,383 | € 171,815 | ▲ 27% |
Key figures of JAZZ & BEER DISTRIBUTION, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to JAZZ & BEER DISTRIBUTION?
What happened at JAZZ & BEER DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
JAZZ & BEER DISTRIBUTION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: profit of € 30,940. filed late Source: NBB ↗
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
- Karim AHMED AMMAR became a director. NBB
In short
From € 58,280 loss in 2020 to € 30,940 profit in 2021.
Paid € 263 in corporate taxes since 2020.
Best year ever: 2021, with € 30,940 profit.
Management
Behind JAZZ & BEER DISTRIBUTION is Karim AHMED AMMAR.
Directors
According to the 2021 annual accounts
Karim AHMED AMMAR
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Kolomstraat 1 box A
1080 Sint-Jans-Molenbeek
Rue de la Clef 30
7000 Mons
Active since 1 October 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 100 companies are registered at this address.
All companies at this address →EC IMMO
€ -2,062 gross margin · 2025
Fonds d'Entr Aide au Personnel Communal Molenbeek-St-Jean
SOINS ET SANTE OURTHE-AMBLEVE
€ 4,350 gross margin · 2025
SHAHSHAHANI
IMMO R
€ 10,900 revenue · 2025
+95 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.893.683
- VAT number
- BE 0690.893.683
- Registered office
- Kolomstraat 1 bus A, 1080 Sint-Jans-Molenbeek
- Names & denominations
- JAZZ & BEER DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 23 February 2018
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van bier
Organisatie van congressen en beurzen
Detailhandel in dranken, algemeen assortiment