JRCE Construct
ActiveSummary
The computed 12-month bankruptcy probability of JRCE Construct is 1.5% (moderate). The 2024 annual accounts show equity of €29k and a net result of €639. Equity is growing by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-30
Solvency80▼-5
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.01 against 2.07 in 2023; short-term debt: 44.8% and cash: 12.2% of total assets), and 44.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
55.2%
Return on assets
1.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-01-2026, 161 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
161 d late
2023
54 d late
2022
42 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€29k▲ 2.3%
2023 · €28k
2022: €9k
2023: €28k
2022 → 2024
Total assets
€52k▲ 11.2%
2023 · €47k
2022: €29k
2023: €47k
2022 → 2024
Net result
€639▼ 96.6%
2023 · €19k
2022: €5k
2023: €19k
2022 → 2024
Working capital
€24k▲ 17.4%
2023 · €20k
2022: €4k
2023: €20k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€9k-€28k▲ 203%€29k▲ 2.3%
Operating result€7k-€26k▲ 268%€2k▼ 91.9%
Net result€5k-€19k▲ 256%€639▼ 96.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 92% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52k
Fixed assets
€5k ▼ 35.9%
Current assets
€47k ▲ 20.9%
Equity and liabilities €52k
Equity
€29k ▲ 2.3%
Debt
€24k ▲ 24.6%
Debt's share of the balance-sheet total rises from 40.0% to 44.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €26k
Cash flow
€4k▼
2023 · €19k
Current ratio
2.01▼
2023 · 2.07
Debt to equity
0.81▲
2023 · 0.67
ROE
2.2%▼
2023 · 67.0%
ROA
1.2%▼
2023 · 40.2%
Interest coverage
22.79▲
2023 · 18.27
Debt ≤ 1 year
€24k▲
2023 · €19k
Income taxes
€1k▼
2023 · €6k
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 · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€47k€52k▲
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€39k€47k▲
Amounts receivable within one year40/41€28k€41k▲
Trade receivables40€28k€40k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€12k€6k▼
Equity and liabilities
Total equity and liabilities10/49€47k€52k▲
Equity10/15€28k€29k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€24k€25k▲
Amounts payable17/49€19k€24k▲
Amounts payable within one year42/48€19k€24k▲
Trade debts44€10k€14k▲
Suppliers440/4€10k€14k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Other amounts payable47/48€1k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€392€3k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€28k€6k▼
Operating profit (loss)9901€26k€2k▼
Financial income75/76B-€30
Recurring financial income75-€30
Financial charges65/66B€1k€219▼
Recurring financial charges65€1k€219▼
Profit (loss) for the period before taxes9903€25k€2k▼
Income taxes67/77€6k€1k▼
Profit (loss) for the period9904€19k€639▼
Profit (loss) for the period to be appropriated9905€19k€639▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€25k▲
Profit (loss) brought forward from the previous period14P€5k€24k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 161 days late
2024
31-12
Financial
Weakest financial yearnet €639 ▼96.6%
Net result drops to €639, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Highest result since 2022net €19k ▲256%
Operating result €26k, net result €19k, both a record.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Koekelberg · 1 establishment unit since 2021
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.
Pantheonlaan 171081 KoekelbergGround area
123 m²
Building footprint
89 m²
Volume, LiDAR
1,197 m³
Parcel 21492B0098/00S006, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
JRCE Construct
since 20212.318.200.426
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0098/00S006 | Brussels | 123 m² | 1 · 89 m² | 17.8 m · 5 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
SAT CONSTRUCTION
BE 0778.865.656
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ID-CARRE
BE 0748.615.019
Jette · Eq €28,913
Kluswerken RL
BE 0775.912.106
Herselt · Eq €28,903
GEYSMANS PARKETVLOEREN
BE 0667.594.580
Peer · Eq €28,900
R&L Immo
BE 1000.259.941
Pepinster · Eq €28,981
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,652 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 formGeneral partnership
Founded26-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.