Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
J-Square Development from Lokeren, company number BE0752687534, closed financial year 2025 with a result of € 4,213 after tax. For that financial year J-Square Development recorded a gross margin of € 10,224 and equity of € 79,725. Compared with financial year 2024, the result moved from € 26,866 to € 4,213. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 79,725
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,213
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 112
▼ 99% 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 € 76,725.
Debts at end 2025
€ 442,610
Loans from banks and other lenders, long and short.
€ 3,433
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,087
▲ 134% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -714 | € 22,590 | € 37,781 | € 10,224 | ▼ 73% |
| Profit after taxes | € -5,473 | € 17,307 | € 26,866 | € 4,213 | ▼ 84% |
| Equity | € 31,339 | € 48,646 | € 75,512 | € 79,725 | ▲ 6% |
| Total debts | € 247,882 | € 216,671 | € 487,334 | € 524,172 | ▲ 8% |
| Cash | € 43,752 | € 28,029 | € 8,437 | € 112 | ▼ 99% |
| Retained profit | € 28,339 | € 45,646 | € 72,512 | € 76,725 | ▲ 6% |
| Bank debt | € 213,040 | € 187,656 | € 442,610 | € 442,610 | |
| Balance sheet total | € 279,221 | € 265,317 | € 562,846 | € 603,897 | ▲ 7% |
Key figures of J-Square Development, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to J-Square Development?
What happened at J-Square Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,213 (▼ 84% vs 2024). Source: NBB ↗
- New establishment in Lokeren. KBO
- Sam Van den Broeck became a director. NBB
- Jelle Van de Mergel became a director. NBB
- Jens De Witte became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,473 loss in 2022 to € 4,213 profit in 2025.
Paid € 13,014 in corporate taxes since 2022.
Best year ever: 2024, with € 26,866 profit.
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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
Behind J-Square Development are Sam Van den Broeck, Jelle Van de Mergel and Jens De Witte. Sam Van den Broeck is also behind Liberaal Huis and JS Wonen. Jelle Van de Mergel is also behind JVDM.
Directors
According to the 2025 annual accounts
since 2020
since 2020
Jens De Witte
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Sinaaistraat 60
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0752.687.534
- VAT number
- BE 0752.687.534
- Registered office
- Sinaaistraat 60, 9160 Lokeren
- Names & denominations
- J-Square Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 2020
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed
Activiteiten van syndici van onroerend goed