Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
JASSIN from Liège, company number BE0838361496, closed financial year 2024 with a result of € 5,823 after tax. For that financial year JASSIN recorded a gross margin of € 30,551 and equity of € -103,752. Compared with financial year 2023, the result moved from € 15,576 to € 5,823. The company is profitable. 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 24, 2025.
€ -103,752
▲ € 5,823 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,823
▼ 63% vs 2023
Profit after tax over the fiscal year.
€ 5,929
▲ 81% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -122,352.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 100
▲ 21% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 4,404
▼ 74% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 88,804
▼ 13% vs 2023
€ 13,285 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 65,266
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 79,377
▲ 3% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 38,377 | € 47,139 | € 39,086 | € 30,551 | ▼ 22% |
| Profit after taxes | € -30,319 | € 4,374 | € 15,576 | € 5,823 | ▼ 63% |
| Equity | € -129,524 | € -125,151 | € -109,575 | € -103,752 | ▲ € 5,823 |
| Total debts | € 320,448 | € 290,054 | € 271,942 | € 256,240 | ▼ 6% |
| Cash | € 2,837 | € 2,346 | € 3,275 | € 5,929 | ▲ 81% |
| Land & buildings | € 126,595 | € 121,350 | € 116,630 | € 111,909 | ▼ 4% |
| Retained profit | € -148,124 | € -143,751 | € -128,175 | € -122,352 | ▲ € 5,823 |
| Bank debt | € 145,687 | € 117,944 | € 102,459 | € 88,804 | ▼ 13% |
| Balance sheet total | € 190,923 | € 164,904 | € 162,367 | € 152,488 | ▼ 6% |
Key figures of JASSIN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to JASSIN?
What happened at JASSIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 5,823 (▼ 63% vs 2023). filed late Source: NBB ↗
- New establishment in Herstal. KBO
- New establishment in Liège. KBO
- New establishment in Herstal. KBO
- New establishment in Liège. KBO
- Michaël Charles Jassin became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 30,319 loss in 2021 to € 5,823 profit in 2024.
Paid € 5,523 in corporate taxes since 2021.
Best year ever: 2023, with € 15,576 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 JASSIN is Michaël Charles Jassin.
Directors
According to the 2024 annual accounts
Michaël Charles Jassin
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Place d'Elmer 54
4020 Liège
Rue du Pont-de-Wandre 102
4020 Liège
Active since 1 September 2011
Large Voie 2
4040 Herstal
Active since 1 November 2013
Large Voie 4
4040 Herstal
Active since 16 August 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.361.496
- VAT number
- BE 0838.361.496
- Registered office
- Place d'Elmer 54, 4020 Liège
- Names & denominations
- JASSIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 August 2011
- Peppol
- Active · Active since 25 Apr 2025
- Activities · NACE
Activiteiten van loterijen en kansspelen
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Detailhandel in kranten en andere tijdschriften
Overige detailhandel in nieuwe artikelen neg
Detailhandel in tabaksproducten
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels