JK-ENGINEERING
ActiveSummary
JK-ENGINEERING has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205k and a net result of €650. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 32% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-11
Solvency59▼-30
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 6.81 in 2024; short-term debt: 11% and cash: 15.6% of total assets), but 66.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-10-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
31 d early
2023
25 d early
2022
24 d early
2021
31 d early
2020
30 d early
2019
20 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€205k=
2024 · €205k
2019: €171klowest in 7 years
2020: €210k▲ +22.8% vs 2019
2021: €247k▲ +17.4% vs 2020
2022: €212k▼ -14.2% vs 2021
2023: €249k▲ +17.3% vs 2022highest in 7 years
2024: €205k▼ -17.5% vs 2023
2025: €205k● 0.0% vs 2024
2019 → 2025
Total assets
€605k▲ 87.4%
2024 · €323k
2019: €321klowest in 7 years
2020: €412k▲ +28.3% vs 2019
2021: €409k▼ -0.6% vs 2020
2022: €383k▼ -6.4% vs 2021
2023: €403k▲ +5.1% vs 2022
2024: €323k▼ -19.9% vs 2023
2025: €605k▲ +87.4% vs 2024highest in 7 years
2019 → 2025
Net result
€650▼ 97.8%
2024 · €30k
2019: €21k
2020: €40k▲ +89.3% vs 2019
2021: €37k▼ -6.6% vs 2020
2022: €49k▲ +30.7% vs 2021highest in 7 years
2023: €29k▼ -40.3% vs 2022
2024: €30k▲ +2.1% vs 2023
2025: €650▼ -97.8% vs 2024lowest in 7 years
2019 → 2025
Working capital
€153k▼ 30.8%
2024 · €221k
2019: €195k
2020: €227k▲ +16.9% vs 2019
2021: €270k▲ +18.8% vs 2020highest in 7 years
2022: €239k▼ -11.7% vs 2021
2023: €263k▲ +10.1% vs 2022
2024: €221k▼ -15.8% vs 2023
2025: €153k▼ -30.8% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€212k▼ 14.2%€249k▲ 17.3%€205k▼ 17.5%€205k=
2021: €247k
2022: €212k▼ -14.2% vs 2021
2023: €249k▲ +17.3% vs 2022highest in 5 years
2024: €205k▼ -17.5% vs 2023lowest in 5 years
2025: €205k● 0.0% vs 2024lowest in 5 years
Operating result€59k-€68k▲ 15.5%€49k▼ 28.6%€47k▼ 3.6%€17k▼ 62.9%
2021: €59k
2022: €68k▲ +15.5% vs 2021highest in 5 years
2023: €49k▼ -28.6% vs 2022
2024: €47k▼ -3.6% vs 2023
2025: €17k▼ -62.9% vs 2024lowest in 5 years
Net result€37k-€49k▲ 30.7%€29k▼ 40.3%€30k▲ 2.1%€650▼ 97.8%
2021: €37k
2022: €49k▲ +30.7% vs 2021highest in 5 years
2023: €29k▼ -40.3% vs 2022
2024: €30k▲ +2.1% vs 2023
2025: €650▼ -97.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 63% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €605k
Fixed assets
€385k ▲ 506%
Current assets
€220k ▼ 15.3%
Equity and liabilities €605k
Equity
€205k =
Debt
€400k ▲ 240%
Debt's share of the balance-sheet total rises from 36.5% to 66.1%. Debt is higher.
Key figures and ratios
EBITDA
€88k▲
2024 · €77k
Cash flow
€71k▲
2024 · €60k
Current ratio
3.29▼
2024 · 6.81
Debt to equity
1.95▲
2024 · 0.57
ROE
0.3%▼
2024 · 14.5%
ROA
0.1%▼
2024 · 9.2%
Interest coverage
6.55▼
2024 · 16.33
Debt ≤ 1 year
€67k▲
2024 · €38k
Debt > 1 year
€329k▲
2024 · €77k
Income taxes
€4k▼
2024 · €15k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€323k€605k▲
Fixed assets21/28€64k€385k▲
Tangible fixed assets22/27€64k€385k▲
Land and buildings22€22k€359k▲
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€40k€22k▼
Financial fixed assets28€59€59=
Current assets29/58€259k€220k▼
Amounts receivable within one year40/41€50k€125k▲
Trade receivables40€48k€125k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€209k€94k▼
Deferred charges and accrued income490/1€290€144▼
Equity and liabilities
Total equity and liabilities10/49€323k€605k▲
Equity10/15€205k€205k=
Reserves13€205k€205k=
Distributable reserves133€205k€205k=
Amounts payable17/49€118k€400k▲
Amounts payable after more than one year17€77k€329k▲
Financial debts170/4€33k€284k▲
Other amounts payable178/9€44k€45k▲
Amounts payable within one year42/48€38k€67k▲
Current portion of amounts payable after more than one year42€28k€39k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€3k€21k▲
Taxes450/3€3k€19k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€5k€4k▼
Accrued charges and deferred income492/3€3k€4k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€71k▲
Other operating charges640/8€2k€7k▲
Non-recurring operating charges66A-€8k
Gross operating margin9900€79k€103k▲
Operating profit (loss)9901€47k€17k▼
Financial income75/76B€2k€913▼
Recurring financial income75€2k€913▼
Financial charges65/66B€5k€13k▲
Recurring financial charges65€5k€13k▲
Profit (loss) for the period before taxes9903€44k€5k▼
Income taxes67/77€15k€4k▼
Profit (loss) for the period9904€30k€650▼
Profit (loss) for the period to be appropriated9905€30k€650▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€650▼
Profit (loss) brought forward from the previous period14P€1k-
Transfer from equity791/2€51k-
Transfer to equity691/2€29k-
To other reserves6921€29k-
Profit to be distributed694/7€53k€650▼
Return on contributions (dividend)694€53k€650▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €7k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €17k | €31k | €30k | €71k | ▲ 138% |
| Other operating charges640/8 | - | €12k | €3k | €2k | €7k | ▲ 254% |
| Non-recurring operating charges66A | - | €518 | - | - | €8k | - |
| Gross operating margin9900 | €92k | €98k | €82k | €79k | €103k | ▲ 31.2% |
| Operating profit (loss)9901 | €59k | €68k | €49k | €47k | €17k | ▼ 62.9% |
| Financial income75/76B | - | €8k | €0 | €2k | €913 | ▼ 51.9% |
| Recurring financial income75 | €17 | €3 | €0 | €2k | €913 | ▼ 51.9% |
| Non-recurring financial income76B | - | €8k | - | - | - | - |
| Financial charges65/66B | - | €6k | €4k | €5k | €13k | ▲ 186% |
| Recurring financial charges65 | €7k | €6k | €4k | €5k | €13k | ▲ 186% |
| Profit (loss) for the period before taxes9903 | €52k | €70k | €44k | €44k | €5k | ▼ 89.0% |
| Income taxes67/77 | €15k | €21k | €15k | €15k | €4k | ▼ 70.9% |
| Profit (loss) for the period9904 | €37k | €49k | €29k | €30k | €650 | ▼ 97.8% |
| Profit (loss) for the period to be appropriated9905 | €37k | €49k | €29k | €30k | €650 | ▼ 97.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €409k | €383k | €403k | €323k | €605k | ▲ 87.4% |
| Fixed assets21/28 | €101k | €104k | €91k | €64k | €385k | ▲ 506% |
| Tangible fixed assets22/27 | €101k | €104k | €91k | €64k | €385k | ▲ 507% |
| Land and buildings22 | - | €44k | €33k | €22k | €359k | ▲ 1,567% |
| Plant, machinery and equipment23 | - | €564 | €846 | €2k | €4k | ▲ 72.7% |
| Furniture and vehicles24 | - | €60k | €57k | €40k | €22k | ▼ 43.8% |
| Financial fixed assets28 | €59 | €59 | €59 | €59 | €59 | = |
| Current assets29/58 | €308k | €279k | €312k | €259k | €220k | ▼ 15.3% |
| Amounts receivable within one year40/41 | €61k | €61k | €56k | €50k | €125k | ▲ 150% |
| Trade receivables40 | - | €57k | €56k | €48k | €125k | ▲ 161% |
| Other amounts receivable41 | - | €4k | - | €2k | - | - |
| Cash at bank and in hand54/58 | €247k | €218k | €239k | €209k | €94k | ▼ 54.9% |
| Deferred charges and accrued income490/1 | - | - | €16k | €290 | €144 | ▼ 50.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €409k | €383k | €403k | €323k | €605k | ▲ 87.4% |
| Equity10/15 | €247k | €212k | €249k | €205k | €205k | = |
| Contributions10/11 | - | €13k | €20k | - | - | - |
| Reserves13 | €233k | €198k | €227k | €205k | €205k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €196k | €225k | €205k | €205k | = |
| Profit (loss) carried forward14 | €2k | €1k | €1k | - | - | - |
| Amounts payable17/49 | €162k | €171k | €154k | €118k | €400k | ▲ 240% |
| Amounts payable after more than one year17 | €122k | €129k | €104k | €77k | €329k | ▲ 328% |
| Financial debts170/4 | - | €87k | €60k | €33k | €284k | ▲ 764% |
| Other amounts payable178/9 | - | €42k | €44k | €44k | €45k | ▲ 2.3% |
| Amounts payable within one year42/48 | €38k | €40k | €49k | €38k | €67k | ▲ 75.1% |
| Current portion of amounts payable after more than one year42 | - | €27k | €28k | €28k | €39k | ▲ 38.3% |
| Trade debts44 | €199 | €452 | €2k | €2k | €2k | ▲ 34.4% |
| Suppliers440/4 | - | €452 | €2k | €2k | €2k | ▲ 34.4% |
| Taxes, remuneration and social security45 | - | €11k | €19k | €3k | €21k | ▲ 562% |
| Taxes450/3 | - | €6k | €19k | €3k | €19k | ▲ 484% |
| Remuneration and social security454/9 | - | €4k | - | - | €2k | - |
| Other amounts payable47/48 | - | €2k | €1k | €5k | €4k | ▼ 18.6% |
| Accrued charges and deferred income492/3 | - | €2k | €720 | €3k | €4k | ▲ 54.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €49k | €29k | €30k | €650 | ▼ 97.8% |
| + Depreciation and write-downs630 | €31k | €17k | €31k | €30k | €71k | ▲ 138% |
| Operating cash flow (approximation) | €68k | €65k | €60k | €60k | €71k | ▲ 20.0% |
| Investment in fixed assets (approximation) | - | €-20k | €-17k | €-2k | €-392k | ▼ 15,833% |
| Change in cash | - | €-29k | €21k | €-30k | €-115k | ▼ 276% |
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
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €650 ▼97.8%
Net result drops to €650, the lowest in the series.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €49k ▲30.7%
Operating result €68k, net result €49k, both a record.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €200kEq €210k ▲22.8%
2 profitable years in a row build equity to €210k.
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-10
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2006
Ground area
1,707 m²
Building footprint
119 m²
Volume, LiDAR
821 m³
Parcel 71483E0317/00L004, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
JK-ENGINEERING
since 20062.153.511.450
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71483E0317/00L004 | Flanders | 1,707 m² | 1 · 119 m² | 9.5 m · 3 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.
Similar companies · same sector, comparable size
HEAT AND STEAM CONSULT
BE 0464.842.509
Wetteren · Eq €204,887
BREMA engineering
BE 0826.000.233
Gingelom · Eq €204,688
Buro MOVE
BE 0829.375.239
Kapellen · Eq €204,649
CRODEON TECHNOLOGIES
BE 0642.754.761
Gent · Eq €204,603
Royal Doctors
BE 0899.601.259
Zaventem · Eq €205,342
Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,097 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
Founded27-04-2006
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.