JB PROJECTS
ActiveSummary
JB PROJECTS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €325k and a net result of €28k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 78% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+4
Solvency94=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 3.98 in 2024; short-term debt: 13.7% and cash: 16.6% of total assets), and 30.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
69.3%
Return on assets
5.9%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €325k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
10 d late
2023
7 d early
2022
on the day
2021
5 d early
2020
1 d late
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€325k▲ 9.0%
2024 · €298k
2019: €272k
2020: €292k
2021: €336k
2022: €271k
2023: €289k
2024: €298k
2019 → 2025
Total assets
€469k▲ 8.9%
2024 · €431k
2019: €337k
2020: €331k
2021: €373k
2022: €352k
2023: €347k
2024: €431k
2019 → 2025
Net result
€28k▲ 158%
2024 · €11k
2019: €47k
2020: €21k
2021: €45k
2022: €29k
2023: €18k
2024: €11k
2019 → 2025
Working capital
€168k▲ 14.8%
2024 · €146k
2019: €199k
2020: €297k
2021: €345k
2022: €72k
2023: €52k
2024: €146k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€336k-€271k▼ 19.3%€289k▲ 6.3%€298k▲ 3.4%€325k▲ 9.0%
Operating result€62k-€41k▼ 33.8%€27k▼ 34.0%€20k▼ 27.2%€29k▲ 46.8%
Net result€45k-€29k▼ 34.2%€18k▼ 39.1%€11k▼ 40.1%€28k▲ 158%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €469k
Fixed assets
€237k ▲ 0.7%
Current assets
€232k ▲ 18.8%
Equity and liabilities €469k
Equity
€325k ▲ 9.0%
Debt
€144k ▲ 8.6%
Debt's share of the balance-sheet total falls from 30.8% to 30.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2024 · €31k
Cash flow
€40k▲
2024 · €22k
Current ratio
3.62▼
2024 · 3.98
Debt to equity
0.44▼
2024 · 0.44
ROE
8.5%▲
2024 · 3.6%
ROA
5.9%▲
2024 · 2.5%
Interest coverage
19.16▲
2024 · 6.73
Debt ≤ 1 year
€64k▲
2024 · €49k
Debt > 1 year
€71k▼
2024 · €76k
Income taxes
€11k▲
2024 · €5k
Staff costs
€3k▼
2024 · €9k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€431k€469k▲
Fixed assets21/28€236k€237k▲
Tangible fixed assets22/27€236k€237k▲
Land and buildings22€235k€224k▼
Plant, machinery and equipment23€131€3k▲
Furniture and vehicles24€677€10k▲
Current assets29/58€195k€232k▲
Amounts receivable after more than one year29€90k€90k=
Other amounts receivable291€90k€90k=
Amounts receivable within one year40/41€17k€13k▼
Trade receivables40€4k-
Other amounts receivable41€13k€13k=
Current investments50/53€25k€50k▲
Cash at bank and in hand54/58€61k€78k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€431k€469k▲
Equity10/15€298k€325k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€18k€18k=
Uncalled capital101€12k€12k=
Reserves13€292k€319k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€291k€317k▲
Amounts payable17/49€133k€144k▲
Amounts payable after more than one year17€76k€71k▼
Financial debts170/4€76k€71k▼
Amounts payable within one year42/48€49k€64k▲
Trade debts44€8k€23k▲
Suppliers440/4€8k€23k▲
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€34k€35k▲
Accrued charges and deferred income492/3€8k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€9k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€647€204▼
Non-recurring operating charges66A€3k-
Gross operating margin9900€43k€44k▲
Operating profit (loss)9901€20k€29k▲
Financial income75/76B€847€12k▲
Recurring financial income75€38€12k▲
Non-recurring financial income76B€808€240▼
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€16k€39k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€11k€28k▲
Profit (loss) for the period to be appropriated9905€11k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€28k▲
Transfer to equity691/2€10k€27k▲
To other reserves6921€10k€27k▲
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2024
30-06
Financial
Weakest financial yearnet €11k ▼40.1%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 3.98
Current ratio from 1.96 to 3.98; short-term debt falls from €54k to €49k.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Liquidity doublescurrent ratio 9.56
Current ratio from 4.64 to 9.56; short-term debt falls from €55k to €35k.
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Halle · 1 establishment unit since 2008
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.
Dorpslaan 251501 HalleGround area
659 m²
Building footprint
143 m²
Volume, LiDAR
580 m³
Parcel 23013B0131/00W003, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JB Projects
since 20082.173.937.571
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23013B0131/00W003 | Flanders | 658 m² | 1 · 143 m² | 8.3 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500DB7F511FZ83A68
Similar companies · same sector, comparable size
DIPA
BE 0473.285.665
Kortrijk · Eq €325,334
MAENE-VANWALLEGHEM IMMO
BE 0430.508.566
Jabbeke · Eq €324,309
BONDGENOTEN
BE 0678.819.955
Roeselare · Eq €326,449
Neuts Woonprojecten
BE 0818.738.792
Mol · Eq €326,507
Korbo Woonprojecten
BE 0778.728.866
Hamont-Achel · Eq €324,060
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2008
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.