J-CONSTRUCT
ActiveSummary
J-CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €15k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+28
Solvency52▼-6
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.21 in 2024; short-term debt: 32.2% of total assets), and 73.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.8%
Return on assets
7.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 d early
2024
8 d early
2023
20 d late
2022
47 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 41.3%
2024 · €37k
2022: €43k
2023: €45k▲ +5.5% vs 2022
2024: €37k▼ -17.6% vs 2023lowest in 4 years
2025: €53k▲ +41.3% vs 2024highest in 4 years
2022 → 2025
Total assets
€197k▲ 75.3%
2024 · €112k
2022: €67klowest in 4 years
2023: €127k▲ +90.1% vs 2022
2024: €112k▼ -11.8% vs 2023
2025: €197k▲ +75.3% vs 2024highest in 4 years
2022 → 2025
Net result
€15k
2024 · €-8k
2022: €9k
2023: €2k▼ -74.2% vs 2022
2024: €-8k▼ -440% vs 2023lowest in 4 years
2025: €15k▲ +293% vs 2024highest in 4 years
2022 → 2025
Working capital
€25k▲ 198%
2024 · €8k
2022: €21k
2023: €16k▼ -26.1% vs 2022
2024: €8k▼ -46.0% vs 2023lowest in 4 years
2025: €25k▲ +198% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€43k-€45k▲ 5.5%€37k▼ 17.6%€53k▲ 41.3%
2022: €43k
2023: €45k▲ +5.5% vs 2022
2024: €37k▼ -17.6% vs 2023lowest in 4 years
2025: €53k▲ +41.3% vs 2024highest in 4 years
Operating result€15k-€8k▼ 48.9%€-4k€25k
2022: €15k
2023: €8k▼ -48.9% vs 2022
2024: €-4k▼ -152% vs 2023lowest in 4 years
2025: €25k▲ +723% vs 2024highest in 4 years
Net result€9k-€2k▼ 74.2%€-8k€15k
2022: €9k
2023: €2k▼ -74.2% vs 2022
2024: €-8k▼ -440% vs 2023lowest in 4 years
2025: €15k▲ +293% vs 2024highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €25k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €197k
Fixed assets
€108k ▲ 68.3%
Current assets
€88k ▲ 84.8%
Equity and liabilities €197k
Equity
€53k ▲ 41.3%
Debt
€144k ▲ 92.3%
Debt's share of the balance-sheet total rises from 66.8% to 73.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▲
2024 · €17k
Cash flow
€40k▲
2024 · €13k
Current ratio
1.40▲
2024 · 1.21
Quick ratio
1.11▲
2024 · 0.29
Debt to equity
2.73▲
2024 · 2.01
ROE
29.2%▲
2024 · -21.4%
ROA
7.8%▲
2024 · -7.1%
Interest coverage
13.39▲
2024 · 4.97
Debt ≤ 1 year
€63k▲
2024 · €39k
Debt > 1 year
€81k▲
2024 · €35k
Income taxes
€6k▲
2024 · €531
Staff costs
€30k▲
2024 · €274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€112k€197k▲
Fixed assets21/28€64k€108k▲
Tangible fixed assets22/27€60k€104k▲
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€7k€98k▲
Leasing and similar rights25€45k-
Other tangible fixed assets26€841-
Financial fixed assets28€5k€5k=
Current assets29/58€48k€88k▲
Stocks and contracts in progress3€36k€18k▼
Stocks30/36€17k€18k▲
Contracts in progress37€19k-
Amounts receivable within one year40/41€6k€65k▲
Trade receivables40€6k€62k▲
Other amounts receivable41€709€3k▲
Cash at bank and in hand54/58€5k-
Deferred charges and accrued income490/1€304€5k▲
Equity and liabilities
Total equity and liabilities10/49€112k€197k▲
Equity10/15€37k€53k▲
Contributions10/11€10k€10k=
Reserves13€35k€43k▲
Tax-exempt reserves132€93-
Distributable reserves133€35k€43k▲
Profit (loss) carried forward14€-8k-
Amounts payable17/49€75k€144k▲
Amounts payable after more than one year17€35k€81k▲
Financial debts170/4€35k€81k▲
Amounts payable within one year42/48€39k€63k▲
Current portion of amounts payable after more than one year42€14k€17k▲
Financial debts43-€14k
Credit institutions430/8-€14k
Trade debts44€11k€11k▲
Suppliers440/4€11k€11k▲
Advances received on contracts in progress46€931-
Taxes, remuneration and social security45-€7k
Taxes450/3-€4k
Remuneration and social security454/9-€2k
Other amounts payable47/48€13k€14k▲
Income statement
Code20242025
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€274€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€24k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€19k€80k▲
Operating profit (loss)9901€-4k€25k▲
Financial income75/76B€1€31▲
Recurring financial income75€1€31▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-7k€21k▲
Income taxes67/77€531€6k▲
Profit (loss) for the period9904€-8k€15k▲
Profit (loss) for the period to be appropriated9905€-8k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€8k▲
Profit (loss) brought forward from the previous period14P€415€-8k▼
Transfer from equity791/2-€93
Transfer to equity691/2-€8k
To other reserves6921-€8k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11k | - |
| Remuneration, social security and pensions62 | - | - | €274 | €30k | ▲ 10,912% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €19k | €21k | €24k | ▲ 14.1% |
| Other operating charges640/8 | €868 | €1k | €2k | €1k | ▼ 35.4% |
| Gross operating margin9900 | €22k | €28k | €19k | €80k | ▲ 318% |
| Operating profit (loss)9901 | €15k | €8k | €-4k | €25k | ▲ 723% |
| Financial income75/76B | €32 | €736 | €1 | €31 | ▲ 4,805% |
| Recurring financial income75 | €32 | €736 | €1 | €31 | ▲ 4,805% |
| Financial charges65/66B | €264 | €4k | €3k | €4k | ▲ 5.6% |
| Recurring financial charges65 | €264 | €4k | €3k | €4k | ▲ 5.6% |
| Profit (loss) for the period before taxes9903 | €15k | €4k | €-7k | €21k | ▲ 384% |
| Income taxes67/77 | €6k | €2k | €531 | €6k | ▲ 979% |
| Profit (loss) for the period9904 | €9k | €2k | €-8k | €15k | ▲ 293% |
| Profit (loss) for the period to be appropriated9905 | €9k | €2k | €-8k | €15k | ▲ 293% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €67k | €127k | €112k | €197k | ▲ 75.3% |
| Fixed assets21/28 | €22k | €79k | €64k | €108k | ▲ 68.3% |
| Tangible fixed assets22/27 | €21k | €78k | €60k | €104k | ▲ 73.5% |
| Plant, machinery and equipment23 | €15k | €11k | €8k | €6k | ▼ 19.5% |
| Furniture and vehicles24 | €4k | €6k | €7k | €98k | ▲ 1,380% |
| Leasing and similar rights25 | - | €59k | €45k | - | - |
| Other tangible fixed assets26 | €3k | €2k | €841 | - | - |
| Financial fixed assets28 | €900 | €900 | €5k | €5k | = |
| Current assets29/58 | €45k | €48k | €48k | €88k | ▲ 84.8% |
| Stocks and contracts in progress3 | €8k | €21k | €36k | €18k | ▼ 49.8% |
| Stocks30/36 | €2k | €17k | €17k | €18k | ▲ 4.9% |
| Contracts in progress37 | €6k | €3k | €19k | - | - |
| Amounts receivable within one year40/41 | €29k | €19k | €6k | €65k | ▲ 905% |
| Trade receivables40 | €21k | €13k | €6k | €62k | ▲ 985% |
| Other amounts receivable41 | €7k | €6k | €709 | €3k | ▲ 261% |
| Cash at bank and in hand54/58 | €8k | €7k | €5k | - | - |
| Deferred charges and accrued income490/1 | €446 | €1k | €304 | €5k | ▲ 1,683% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €67k | €127k | €112k | €197k | ▲ 75.3% |
| Equity10/15 | €43k | €45k | €37k | €53k | ▲ 41.3% |
| Contributions10/11 | €10k | €10k | €10k | €10k | = |
| Reserves13 | €32k | €35k | €35k | €43k | ▲ 22.5% |
| Tax-exempt reserves132 | €93 | €93 | €93 | - | - |
| Distributable reserves133 | €32k | €35k | €35k | €43k | ▲ 22.9% |
| Profit (loss) carried forward14 | €415 | €415 | €-8k | - | - |
| Amounts payable17/49 | €24k | €82k | €75k | €144k | ▲ 92.3% |
| Amounts payable after more than one year17 | - | €50k | €35k | €81k | ▲ 127% |
| Financial debts170/4 | - | €50k | €35k | €81k | ▲ 127% |
| Amounts payable within one year42/48 | €24k | €32k | €39k | €63k | ▲ 60.6% |
| Current portion of amounts payable after more than one year42 | - | €14k | €14k | €17k | ▲ 19.0% |
| Financial debts43 | - | €2k | - | €14k | - |
| Credit institutions430/8 | - | €2k | - | €14k | - |
| Trade debts44 | €16k | €10k | €11k | €11k | ▲ 1.8% |
| Suppliers440/4 | €16k | €10k | €11k | €11k | ▲ 1.8% |
| Advances received on contracts in progress46 | - | - | €931 | - | - |
| Taxes, remuneration and social security45 | €7k | €6k | - | €7k | - |
| Taxes450/3 | €7k | €6k | - | €4k | - |
| Remuneration and social security454/9 | - | - | - | €2k | - |
| Other amounts payable47/48 | €1k | €971 | €13k | €14k | ▲ 5.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €2k | €-8k | €15k | ▲ 293% |
| + Depreciation and write-downs630 | €6k | €19k | €21k | €24k | ▲ 14.1% |
| Operating cash flow (approximation) | €15k | €21k | €13k | €40k | ▲ 200% |
| Investment in fixed assets (approximation) | - | €-76k | €-6k | €-68k | ▼ 1,003% |
| Change in cash | - | €-856 | €-3k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
16-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 47 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2012
Ground area
1,024 m²
Building footprint
195 m²
Volume, LiDAR
2,626 m³
Parcel 11642D0191/00V002, Flanders · tallest building 22.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Velodreef 3, 2910 Essen
since 20122.206.748.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642D0191/00V002 | Flanders | 1,024 m² | 1 · 195 m² | 22.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 2,883 EUR awarded · 2,883 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,035 EUR | 1,035 EUR |
| 2023 | 1 | 1,848 EUR | 1,848 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,443 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
43230Insulation installation
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.