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J.G. TECHNICS

Active
Private limited companyfounded 201015 yrs activeJesserenstraat 46, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0831.391.552

J.G. TECHNICS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-28k) and a net result of €-52k. Equity is shrinking by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 8% of 970 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
26 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-8
Solvency12▼-22
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 1.03 in 2024; short-term debt: 112.6% and cash: 2.1% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-12.6%
Return on assets
-23.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-28k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
36 d early
2023
9 d early
2022
14 d early
2021
30 d late
2020
9 d early
2019
39 d early
← before the deadline after the deadline →
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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-28k
2024 · €24k
2018: €97k 2019: €99k 2020: €67k 2021: €68k 2022: €69k 2023: €47k 2024: €24k
2018 → 2025
Total assets
€222k▼ 14.3%
2024 · €259k
2018: €197k 2019: €214k 2020: €240k 2021: €280k 2022: €252k 2023: €259k 2024: €259k
2018 → 2025
Net result
€-52k▼ 133%
2024 · €-22k
2018: €3k 2019: €2k 2020: €-32k 2021: €120 2022: €2k 2023: €-23k 2024: €-22k
2018 → 2025
Working capital
€-35k
2024 · €7k
2018: €87k 2019: €94k 2020: €52k 2021: €9k 2022: €32k 2023: €17k 2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€68k-€69k▲ 2.6%€47k▼ 32.6%€24k▼ 47.9%€-28k
Operating result€4k-€2k▼ 41.4%€-19k€-19k▲ 0.3%€-49k▼ 158%
Net result€120-€2k▲ 1,342%€-23k€-22k▲ 0.8%€-52k▼ 133%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2021: €4k€4kNet result 2021: €120€120Operating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €-19k€-19kNet result 2023: €-23k€-23kOperating result 2024: €-19k€-19kNet result 2024: €-22k€-22kOperating result 2025: €-49k€-49kNet result 2025: €-52k€-52k20212022202320242025
The operating result stays negative: a loss of €49k in 2025 against €19k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222k
Fixed assets €7k▼ 61.7%
Current assets €215k▼ 10.8%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-38k
2024 · €-7k
Cash flow
€-41k
2024 · €-11k
Solvency
-12.6%
2024 · 9.4%
Current ratio
0.86
2024 · 1.03
Quick ratio
0.63
2024 · 0.68
Debt / equity
-8.95
2024 · 9.66
ROA
-23.5%
2024 · -8.6%
Interest coverage
-12.44
2024 · -2.28
Debt
€250k
2024 · €235k
Debt ≤ 1 year
€250k
2024 · €235k
Income taxes
€347
2024 · €378
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€259k€222k
Fixed assets21/28€18k€7k
Tangible fixed assets22/27€18k€7k
Plant, machinery and equipment23€13€0
Furniture and vehicles24€18k€7k
Current assets29/58€241k€215k
Stocks and contracts in progress3€83k€58k
Contracts in progress37€83k€58k
Amounts receivable within one year40/41€113k€129k
Trade receivables40€108k€128k
Other amounts receivable41€5k€158
Cash at bank and in hand54/58€15k€5k
Deferred charges and accrued income490/1€31k€25k
Equity and liabilities
Total equity and liabilities10/49€259k€222k
Equity10/15€24k€-28k
Contributions10/11€12k€12k=
Reserves13€12k€2k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€0
Profit (loss) carried forward14-€-42k
Amounts payable17/49€235k€250k
Amounts payable within one year42/48€235k€250k
Current portion of amounts payable after more than one year42€0-
Trade debts44€33k€32k
Suppliers440/4€33k€32k
Taxes, remuneration and social security45€3k€3k
Taxes450/3€715€1k
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€199k€215k
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€3k
Gross operating margin9900€-5k€-35k
Operating profit (loss)9901€-19k€-49k
Financial income75/76B€268€274
Recurring financial income75€268€274
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€-22k€-52k
Income taxes67/77€378€347
Profit (loss) for the period9904€-22k€-52k
Profit (loss) for the period to be appropriated9905€-22k€-52k
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-52k
Transfer from equity791/2€22k€10k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-08
State Gazette act Statutes amendment · Legal-form change · Resignations & appointments · Miscellaneous
General meeting · Statutes amendment · Reserve release10 facts ▸
  • General meeting, 2026-08-11
  • Statutes amendment
  • Reserve release, 14260.00
  • Equity, 214260.0, 186
  • Corporate purpose, De levering en plaatsen van: - Elektrotechnische installaties, hoog - en laagspanning, algemene elektriciteitswerken; - Centrale verwarming, sanitair en lood -…
  • Director resignation, Johan Gerrits (zaakvoerder)
  • Director appointment, Johan Gerrits (bestuurder)
  • Mandate compensation, Johan Gerrits
  • Power of attorney, QPS ACCOUNTANTS
  • Contribution in kind, rekening-courant schuldvordering (R/C Johan Gerrits, totaal 228.864,08 EUR)
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series.
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €120
Net result €120 after one loss-making year.
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2026
Johan Gerrits
Director · since 11-08-2026
Current
11-08-2026 Resigned as Manager
11-08-2026 Appointed as Director
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 2010
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Jesserenstraat 463840 Tongeren-Borgloon
Ground area
906 m²
Building footprint
145 m²
Volume, LiDAR
978 m³
Parcel 73034B0015/00L000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J.G. Technics
Jesserenstraat 46, 3840 Tongeren-BorgloonConstruction of utility projects for electricity and telecommunications
since 20102.194.711.013
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73034B0015/00L000 Flanders 906 m² 1 · 145 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,823 companies in sector 42220 we hold annual accounts for 958. 639 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-11-2010
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:Jgt@skynet.be
Enterprise
Phone:0475802061
Enterprise