Equity
€89,746 ▲ 32.9%
J&B Works paid out €833 in dividends. That is 4% of the 2025 profit.
J&B Works
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €72,298 (2023)
€70,567▲ 26.5%
Resultpeak €45,608 (2023)
€23,033▲ 11.6%
Equitypeak €89,746 (2025)
€89,746▲ 32.9%
Debts
€58,352▼ 15.6%
Board2 names since 2022
1 directorBUELENS Joey
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €55,788 to €70,567Dividend €833Equity from €67,546 to €89,746Debts from €69,101 to €58,352
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,685 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.1%▼ -0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025
08-2025: 3.1%▲ +1.9 percentage points vs 07-2025
09-2025: 3.1%● unchanged vs 08-2025
10-2025: 3.1%● unchanged vs 09-2025
11-2025: 3.1%● unchanged vs 10-2025
12-2025: 3.2%▲ +0.1 percentage points vs 11-2025highest value
01-2026: 3.2%● unchanged vs 12-2025highest value
02-2026: 3.2%● unchanged vs 01-2026highest value
03-2026: 3.2%● unchanged vs 02-2026highest value
04-2026: 3.2%● unchanged vs 03-2026highest value
05-2026: 2.7%▼ -0.5 percentage points vs 04-2026
06-2026: 2.7%● unchanged vs 05-2026
07-2026: 2.7%● unchanged vs 06-2026
08-2026: 0.4%▼ -2.3 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €148,098
Founded in 2022
lowers risk
Liquidity: current ratio 2.69, cash €34,756
Equity €89,746 (60.6% of total assets)
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 66% of them on solvency, 69% on liquidity, 73% on profitability and 76% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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 J&B Works 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.
That fits the bankruptcy probability of J&B Works itself: 0.4% within 12 months.
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 J&B Works. 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 €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.69 (2.03 in 2024), above the usual 1.5. Short-term debt is 23.7% and cash 23.5% of total assets. 39.4% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
1 day early
2023
on the day
← 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 on the deadline day. 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0790867823
Appointment: Hendrickx Kelly (director)
General meeting of 01-12-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 300 shares · Founder: BUELENS Joey · Appointment: BUELENS Joey (director) · published on 19-09-2022 · Gazette deed
First establishment
1 meistraat 8, Rumst
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| J&B Works Rumst | €148,098 | €70,567 | 60.6% | - |
| Atelier Combiné Balen | €138,092 | €65,277 | 71.6% | - |
| Wouters Raamservice Geel | €147,093 | €66,431 | 66.9% | - |
| Matowerk Kalmthout | €140,178 | €62,194 | 17.7% | - |
| Ramenbestellen.be Westerlo | €131,425 | €79,820 | 73.4% | - |
| ARTEK HOUT Essen | €156,603 | €80,055 | 32.9% | - |
| MS Design Beerse | €152,446 | €63,893 | 73.7% | - |
These companies have the same main activity as J&B Works: joinery installation (NACE 43320). They are comparable in size and age: total assets between €131,000 and €157,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 15-09-2022Normal situation
- Activity
- Joinery installationNACE 43320
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.335.951.5252840 Rumst, since 15-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 27-02-2025
Annual accounts 2025
- Total assets
- €148,098▲ 8.4%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on J&B Works
J&B Works files the micro format. That format states no turnover. The gross margin fell from €72,298 in 2023 to €70,567 in 2025.
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 J&B Works
- What is the company number of J&B Works?
- The company number of J&B Works is 0790.867.823. The VAT number is the same number with BE in front: BE 0790.867.823.
- Where is J&B Works based?
- The registered office is at 1 meistraat 8, 2840 Rumst.Company details
- What does J&B Works do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of J&B Works?
- J&B Works is a private limited company (BV).
- When was J&B Works founded?
- J&B Works was founded on 15-09-2022.
- Is J&B Works still active?
- Yes, J&B Works is an active enterprise in the KBO register.
- How many employees does J&B Works have?
- J&B Works had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does J&B Works fall under?
- In its 2025 annual accounts, J&B Works states joint committee 124 (Construction).
- What is the turnover of J&B Works?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €70,567 and 38 comparable companies (NACE 43320). It probably lies between €210,000 and €440,000.
- Is J&B Works profitable?
- In financial year 2025, J&B Works made a profit of €23,033.
- Where can I find the annual accounts of J&B Works?
- J&B Works filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of J&B Works due?
- J&B Works must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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