Equity
€51,956 ▲ 61.6%
ALGwerkenJACOBS has made a profit in every financial year since 2022.
ALGwerkenJACOBS
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €31,625 (2023)
€29,570▼ 6.5%
Resultpeak €22,325 (2023)
€19,802▼ 11.3%
Equitypeak €51,956 (2024)
€51,956▲ 61.6%
Debts
€19,830▲ 94.6%
Board1 name since 2022
1 directorJACOBS Jonas
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Registered office moved within Ham 24-12Equity from €32,154 to €51,956Debts from €10,191 to €19,830Cash from €10,003 to €4,341
Key points
from the 2024 annual accountsChecked score
37
Weak
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
8.6% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%lowest value
01-2025: 1.7%▲ +0.6 percentage points vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 2.0%▲ +0.3 percentage points vs 03-2025
05-2025: 2.4%▲ +0.4 percentage points vs 04-2025
06-2025: 2.4%● unchanged vs 05-2025
07-2025: 2.4%● unchanged vs 06-2025
08-2025: 3.4%▲ +1.0 percentage point vs 07-2025
09-2025: 3.1%▼ -0.3 percentage points vs 08-2025
10-2025: 5.3%▲ +2.2 percentage points vs 09-2025
11-2025: 3.6%▼ -1.7 percentage points vs 10-2025
12-2025: 3.6%● unchanged vs 11-2025
01-2026: 3.4%▼ -0.2 percentage points vs 12-2025
02-2026: 3.4%● unchanged vs 01-2026
03-2026: 3.4%● unchanged vs 02-2026
04-2026: 4.1%▲ +0.7 percentage points vs 03-2026
05-2026: 4.6%▲ +0.5 percentage points vs 04-2026
06-2026: 4.8%▲ +0.2 percentage points vs 05-2026
07-2026: 5.0%▲ +0.2 percentage points vs 06-2026
08-2026: 5.5%▲ +0.5 percentage points vs 07-2026
09-2026: 5.8%▲ +0.3 percentage points vs 08-2026
10-2026: 8.6%▲ +2.8 percentage points vs 09-2026highest value
11-2026: 8.6%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Figures for financial year 2024 (filed on 02-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
Size: total assets €71,786
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 78% of them on solvency, 37% on liquidity, 92% on profitability and 86% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as ALGwerkenJACOBS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ALGwerkenJACOBS itself is higher: 8.6% within 12 months. It rests on far more data about ALGwerkenJACOBS than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ALGwerkenJACOBS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 3.33 (3.55 in 2023), above the usual 1.5. Short-term debt is 27.6% and cash 6% of total assets. 27.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 98 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline06-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
30 days late
2022
32 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 41 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779928005
Registered office moved within Ham
New registered office: Beukenlaan 31, 3945 Ham · Previous registered office: Stationsstraat 38 bus c, 3945 Ham · General meeting of 01-07-2024 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: JACOBS Jonas · Appointment: JACOBS Jonas (director) · published on 12-01-2022 · Gazette deed
First establishment
Beukenlaan 31, Tessenderlo-Ham
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ALGwerkenJACOBS Tessenderlo-Ham | €71,786 | €29,570 | 72.4% | - |
| JS Building Projects Alken | €62,198 | €26,715 | 92.7% | - |
| T&G CONSTRUCT Hasselt | €66,931 | €24,709 | 29.5% | - |
| BENE MK Tienen | €74,553 | €30,552 | 84.2% | - |
| Infra42 Ghent | €67,827 | €30,602 | 52.5% | - |
| Bouwwerken Thijs Meerhout | €70,455 | €25,871 | 1.2% | - |
| Pellens Kitwerken Pelt | €61,415 | €40,823 | 4.1% | - |
These companies have the same main activity as ALGwerkenJACOBS: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €61,400 and €74,600, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 10-01-2022Normal situation
- Activity
- Bricklaying and masonry workNACE 43910and 4 others
- Establishment unit
- 2.326.624.1823945 Tessenderlo-Ham, since 10-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Insights on ALGwerkenJACOBS
ALGwerkenJACOBS files the micro format. That format states no turnover. The gross margin rose from €9,868 in 2022 to €29,570 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALGwerkenJACOBS
- What is the company number of ALGwerkenJACOBS?
- The company number of ALGwerkenJACOBS is 0779.928.005. The VAT number is the same number with BE in front: BE 0779.928.005.
- Where is ALGwerkenJACOBS based?
- The registered office is at Beukenlaan 31, 3945 Tessenderlo-Ham.Company details
- What does ALGwerkenJACOBS do?
- According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
- What is the legal form of ALGwerkenJACOBS?
- ALGwerkenJACOBS is a private limited company (BV).
- When was ALGwerkenJACOBS founded?
- ALGwerkenJACOBS was founded on 10-01-2022.
- Is ALGwerkenJACOBS still active?
- Yes, ALGwerkenJACOBS is an active enterprise in the KBO register.
- What is the turnover of ALGwerkenJACOBS?
- The turnover in financial year 2024 is ≈ €250,000. This figure is estimated from the gross margin of €29,570 and 100 comparable companies (NACE 439). It probably lies between €150,000 and €450,000.Financials
- Is ALGwerkenJACOBS profitable?
- In financial year 2024, ALGwerkenJACOBS made a profit of €19,802.
- Where can I find the annual accounts of ALGwerkenJACOBS?
- ALGwerkenJACOBS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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