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Jansen Building Projects

Active Public limited companyfounded 1972active for 54 yearsFabriekstraat 2, 3670 OudsbergenKBO/BCE: BE 0412.003.045 subsidiary of JANSEN INTERNAL SERVICES#1 company by total assets in Limburg, Specialised construction sector
Part of the group JANSEN THE BUILDING COMPANY 23 companies in 4 countries
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Lifetime

18 annual accounts with figures on one time axis, 47 filings since 1977
peak €119.2m (2023)
€86.5m▼ 27.4%
lowest -€736,701 (2014)
€383,600▼ 59.2%
peak €9.4m (2024)
€9.4m▲ 4.3%
€41.0m▲ 1.1%
peak 213.4 FTE (2008)
123.9 FTE▼ 7.9%
Board8 names since 2019
Owners3 names in the annual accounts
99.95%JANSEN INTERNAL SERVICES and 2 others
Documentsfilings and deeds
23-07-20258 days before the deadline
2024financial year
Turnover from €119.2m to €86.5mResult from €939,869 to €383,600Demerger proposal: Jansen Building Projects splits off to Jan… 31-121 statutory auditor reappointed 06-12Investments €1.1mCash from €735,480 to €210,490

Key points

from the 2024 annual accounts

Equity

€9.4m ▲ 4.3%

Jansen Building Projects has made a profit without a break since 2015.

Debts

€41.0m 81% of the balance sheet
Financial debts 28%Suppliers 41%Taxes and wages 2%Other 29%

€1.2m of the debts are secured on the company's own assets. In 2021 that was €2.1m.

Staff

123.9 FTE from 213.4 in 2008

Between 2008 and 2024, 42% of the full-time equivalents disappeared.

Filings

47 annual accounts 101 days past the deadline
AprilJune31 JulyOctober198019952010

2025 accounts not filed: deadline was 31-07-2026.

Board

2 left

Directors left. Latest change 05-05-2026 · 1 in office.

Net result -59%: one-off income

Checked score

51
Fair
Financially stronger than 17% of medium-sized companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 241 companies (NACE 43, medium-sized).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▼ -0.1 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.3 percentage points vs 08-2026 10-2026: 2.2%▲ +0.7 percentage points vs 09-2026highest value 11-2026: 2.2%● unchanged vs 10-2026highest value

Financial strength
Weak

44+1equity 18.6% of total assets
8=short-term debt 78.8% · cash 0.4%
31-6return on assets 0.8%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 24-07-2025)
Liquidity: current ratio 1.18, cash €210,490, halved
Equity €9.4m (18.6% of total assets)
Sector: Specialised construction activities (NACE 43)
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, medium-sized). It does better than 20% of them on solvency, 5% on liquidity, 17% on profitability and 25% on growth.

The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 733 companies had the same profile as Jansen Building Projects has now. Each dot stands for 2 companies, two years later.

97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Jansen Building Projects itself is higher: 2.2% within 12 months. It rests on far more data about Jansen Building Projects than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 733 companies, not a prediction for Jansen Building Projects. 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 €470,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is tight, with a current ratio of 1.18 (1.18 in 2023), below the usual 1.5. Short-term debt is 78.8% and cash 0.4% of total assets. 81.4% 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

Seven signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed on 24-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.18, cash €210,490, halved
NBB · annual accounts
raises risk · Equity €9.4m (18.6% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3534 sector peers (2024).
NBB · sector comparison
Position among 3534 sector peers
Solvency
better than 20%
← weakest strongest →
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, 101 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
8 days early
2023
11 days early
2022
19 days early
2021
23 days early
2020
23 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 16 days before 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)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AJ
Advocatenkantoor Jan Heynickx BV
Director
EB
Auditor, Olaf Janssen

Shares in 2 companies, AIRPLUS MEDIBO and Jansen Cleanrooms & Labs

Board & ownership

Recent changes

Permanent representative: JANSEN Nadia Resignation: JANSEN THE BUILDING COMPANY (managing director) · General meeting of 28-04-2026 · Gazette deed
New managing director JANSEN THE BUILDING COMPANY BV appointed, JANSEN INTERNAL SERVICES NV resigned · Permanent representatives: André-Philippe Moriau, Nadia Jansen and Jan Heynickx · General meeting of 02-12-2025 · Gazette deed
Demerger: JANSEN BUILDING PROJECTS splits off to JANSEN INTERNAL SERVICES Capital decrease of €10,726.67 to €1,742,009.33 · Capital from €1,752,736 to €1,742,009.33 · JANSEN INTERNAL SERVICES holds all the shares · General meeting of 17-02-2025 · Gazette deed
Permanent representatives: Nadia Jansen and André-Philippe Moriau Board meeting of 09-01-2025 · Gazette deed
All 65 events

Comparable companies

same main activity, similar in size and age
Company
Jansen Building Projects Oudsbergen €86.5m 0.8% 18.6% 123.9
Beddeleem Nazareth-De Pinte €93.1m 8.0% 54.4% 172.9
WYCOR Wetteren €124.3m 2.9% 32.7% 170.5
RECON BOUW Maldegem €70.2m 8.8% 44.5% 103.1
OBJECT Tessenderlo-Ham - - 53.9% 32.8
VIMAR Schaerbeek €26.7m 5.8% 51.6% 49.4
Verano BE Brussels €21.2m 5.6% 68.2% 83.6
-10%0%10%20%€20m€50m€100m€200m€500mJansen Building ProjectsEBIT margin

Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Jansen Building Projects: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €10m and €66m, founded between 1962 and 1999.

Official details

Source: KBO
Status
Active since 23-02-1972Normal situation
Registered office
22 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Other building finishing workNACE 43350and 3 others
Joint committees
200Auxiliary committee for white-collar workers
126Furnishing and woodworking
124Construction · annual accounts 2024
Establishment unit
2.007.015.7163670 Oudsbergen, since 01-05-1972
Financial year end
31 December
Peppol
Reachable since 11-04-2022
Company details

Annual accounts 2024

€50.5m▲ 1.7%
Employeeson 31-12-2024
128▼ 7.9%
Filing
Filed on 23-07-2025
Financials

Insights on Jansen Building Projects

Jansen Building Projects has existed since 1972. Turnover grew from €43.2m in 2006 to €86.5m in 2024, while staff fell from 180.5 to 123.9 full-time equivalents.

JANSEN INTERNAL SERVICES holds all the shares. In October 2023, three directors stepped down.

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 Jansen Building Projects

What is the company number of Jansen Building Projects?
The company number of Jansen Building Projects is 0412.003.045. The VAT number is the same number with BE in front: BE 0412.003.045.
Where is Jansen Building Projects based?
The registered office is at Fabriekstraat 2, 3670 Oudsbergen.Company details
What does Jansen Building Projects do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of Jansen Building Projects?
Jansen Building Projects is a public limited company (NV).
When was Jansen Building Projects founded?
Jansen Building Projects was founded on 23-02-1972.
Is Jansen Building Projects still active?
Yes, Jansen Building Projects is an active enterprise in the KBO register.
How many employees does Jansen Building Projects have?
Jansen Building Projects had an average of 123.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does Jansen Building Projects fall under?
In its 2024 annual accounts, Jansen Building Projects states joint committees 200 (Auxiliary committee for white-collar workers), 126 (Furnishing and woodworking) and 124 (Construction).
What is the turnover of Jansen Building Projects?
The turnover of Jansen Building Projects was €86.5m in financial year 2024, according to the filed annual accounts.
Is Jansen Building Projects profitable?
In financial year 2024, Jansen Building Projects made a profit of €383,600.
Where can I find the annual accounts of Jansen Building Projects?
Jansen Building Projects filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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