Age2 yrs
Real estate1 parcel · 4,756 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of J & A CONSTRUCTION is 1.2% (low). The 2024 annual accounts show negative equity (€-216k) and a net result of €-216k. Its solvency ranks better than 8% of 1697 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.2%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2024 | 31-07-2025 | 30-09-2025 | 61 d late | 2025-00516172 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsYoung company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-216k
Working capital€-1.45M
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -17.5% | 14.3% | |
| Net result | €-216k | €0 | |
| Equity | €-216k | €108k | |
| Gross operating margin | €-10k | €52k | |
| Total assets | €1.24M | €1.50M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-10k |
| Net profit | €-216k |
| Cash flow | €-43k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.24M |
| Equity | €-216k |
| Debt | €1.45M |
| of which ≤ 1y | €1.45M |
| of which > 1y | - |
| Working capital | €-1.45M |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.00 |
| Quick ratio | 0.00 |
| Working capital ratio | -117.0% |
| Solvency | -17.5% |
| Debt / equity | -6.72 |
| Long-term debt ratio | - |
| Interest coverage | -0.30 |
| Gross margin | - |
| Net margin | - |
| ROA | -17.5% |
| ROE | 100.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.24M |
| Fixed assets | 21/28 | €1.23M |
| Tangible fixed assets | 22/27 | €1.23M |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €257 |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.24M |
| Equity | 10/15 | €-216k |
| Accumulated profits (losses) | 14 | €-216k |
| Amounts payable | 17/49 | €1.45M |
| Amounts payable within one year | 42/48 | €1.45M |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-10k |
| Operating result | 9901 | €-183k |
| Financial charges | 65 | €33k |
| Result before taxes | 9903 | €-216k |
| Net result for the period | 9904 | €-216k |
| Result to be appropriated | 9905 | €-216k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed10
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
1 locationSpoorwegstraat 26, 8530 Harelbeke
since 20232.353.143.487
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area4,756 m²
Buildings1
Building footprint1,603 m²
Volume (LiDAR)8,132 m³
Tallest building6.2 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0714/00L000 | Flanders | 4,756 m² | 1 · 1,603 m² | 6.2 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 2 years ago
2023
05-12-2023 Publication in the Belgian Official Gazette, Minor change
Summary:
oprichtingNotary:
Stéphane SAEY · DeerlijkFirm:
Geassocieerde Notarissen Deerlijk
Analysis
Snowflake analysis
financial profile on 5 axes52
/ 100
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
10
Profitability
100
Solvency
33
Growth
-
Stability
67
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Credit advice
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Company registry (CBE)
Crossroads BankActivities
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Primary activity highlighted.
Names & trade names
| Legal nameNL | J & A CONSTRUCTION |
Registered office
Spoorwegstraat 26
8530 Harelbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.