J.E.L. CONSTRUCTING
ActiveSummary
J.E.L. CONSTRUCTING has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-1k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 41% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-20
Solvency61▼-10
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.83 against 1.18 in 2024; short-term debt: 64.4% and cash: 28.3% of total assets), and 64.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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
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 2025Solvency, return and age of the figures
Solvency
35.5%
Return on assets
-1.9%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
48 d early
2023
7 d late
2022
23 d late
2021
28 d late
2020
90 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1k
2024 · €8k
Working capital
€-8k
2024 · €6k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-5k€-10k▼ 76.1%€3k€8k▲ 210%€-859
Net result€-7k€-10k▼ 48.4%€3k€8k▲ 219%€-1k
Equity€27k▼ 20.5%€16k▼ 38.2%€19k▲ 15.3%€27k▲ 42.2%€26k▼ 5.0%
Total assets€101k▼ 17.8%€18k▼ 82.1%€30k▲ 62.5%€59k▲ 98.8%€72k▲ 22.3%
Debt€75k▼ 16.8%€2k▼ 97.6%€11k▲ 495%€32k▲ 199%€46k▲ 45.3%
Working capital€10k▲ 10.5%€5k▼ 49.6%€12k▲ 136%€6k▼ 51.6%€-8k
Staff (FTE)1.5▼ 28.6%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €859 after €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€33k ▲ 58.5%
Current assets
€38k ▲ 2.1%
Equity and liabilities €72k
Equity
€26k ▼ 5.0%
Debt
€46k ▲ 45.3%
Debt's share of the balance-sheet total rises from 54.2% to 64.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12k▼
2024 · €19k
Cash flow
€11k▼
2024 · €19k
Current ratio
0.83▼
2024 · 1.18
Debt to equity
1.81▲
2024 · 1.19
ROE
-5.3%▼
2024 · 29.7%
ROA
-1.9%▼
2024 · 13.6%
Interest coverage
22.50▼
2024 · 39.05
Debt ≤ 1 year
€46k▲
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €500 | - |
| Remuneration, social security and pensions62 | €38k | €3k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €5k | €5k | €11k | €13k | ▲ 13.8% |
| Other operating charges640/8 | €12k | €2k | €520 | €3k | €1k | ▼ 54.2% |
| Non-recurring operating charges66A | - | - | - | - | €2k | - |
| Gross operating margin9900 | €52k | €1k | €8k | €22k | €15k | ▼ 31.2% |
| Operating profit (loss)9901 | €-5k | €-10k | €3k | €8k | €-859 | ▼ 110% |
| Financial income75/76B | €1 | - | €319 | €192 | €28 | ▼ 85.3% |
| Recurring financial income75 | €1 | - | €319 | €192 | €28 | ▼ 85.3% |
| Financial charges65/66B | €1k | €483 | €485 | €496 | €522 | ▲ 5.3% |
| Recurring financial charges65 | €1k | €483 | €485 | €496 | €522 | ▲ 5.3% |
| Profit (loss) for the period before taxes9903 | €-7k | €-10k | €3k | €8k | €-1k | ▼ 117% |
| Income taxes67/77 | - | - | - | €0 | - | - |
| Profit (loss) for the period9904 | €-7k | €-10k | €3k | €8k | €-1k | ▼ 117% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €-10k | €3k | €8k | €-1k | ▼ 117% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101k | €18k | €30k | €59k | €72k | ▲ 22.3% |
| Fixed assets21/28 | €16k | €11k | €7k | €21k | €33k | ▲ 58.5% |
| Tangible fixed assets22/27 | €16k | €11k | €6k | €21k | €33k | ▲ 58.8% |
| Plant, machinery and equipment23 | €7k | €4k | €2k | €626 | €4k | ▲ 526% |
| Furniture and vehicles24 | €9k | €7k | €4k | €20k | €29k | ▲ 44.4% |
| Financial fixed assets28 | €363 | €363 | €363 | €135 | €135 | = |
| Current assets29/58 | €85k | €7k | €23k | €38k | €38k | ▲ 2.1% |
| Amounts receivable within one year40/41 | €17k | €4k | €11k | €11k | €16k | ▲ 44.4% |
| Trade receivables40 | €8k | €2k | €10k | €5k | €14k | ▲ 155% |
| Other amounts receivable41 | €9k | €2k | €2k | €6k | €3k | ▼ 55.7% |
| Cash at bank and in hand54/58 | €66k | €2k | €11k | €25k | €20k | ▼ 18.0% |
| Deferred charges and accrued income490/1 | €2k | €893 | €550 | €2k | €2k | ▲ 17.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101k | €18k | €30k | €59k | €72k | ▲ 22.3% |
| Equity10/15 | €27k | €16k | €19k | €27k | €26k | ▼ 5.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | - | - | - | - | - |
| Other1109/19 | €19k | - | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €6k | €-4k | €-2k | €6k | €5k | ▼ 21.1% |
| Amounts payable17/49 | €75k | €2k | €11k | €32k | €46k | ▲ 45.3% |
| Amounts payable within one year42/48 | €75k | €2k | €11k | €32k | €46k | ▲ 45.3% |
| Current portion of amounts payable after more than one year42 | €2k | - | - | - | - | - |
| Trade debts44 | €31k | €873 | €10k | €3k | €828 | ▼ 70.2% |
| Suppliers440/4 | €21k | €873 | €10k | €3k | €828 | ▼ 70.2% |
| Bills of exchange payable441 | €10k | - | - | - | - | - |
| Advances received on contracts in progress46 | - | - | - | - | €11k | - |
| Taxes, remuneration and social security45 | €1k | €354 | - | €3k | €2k | ▼ 30.2% |
| Taxes450/3 | €496 | €354 | - | €1k | €105 | ▼ 89.6% |
| Remuneration and social security454/9 | €652 | - | - | €2k | €2k | = |
| Other amounts payable47/48 | €41k | €561 | €777 | €26k | €32k | ▲ 22.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €-10k | €3k | €8k | €-1k | ▼ 117% |
| + Depreciation and write-downs630 | €7k | €5k | €5k | €11k | €13k | ▲ 13.8% |
| Operating cash flow (approximation) | €250 | €-5k | €8k | €19k | €11k | ▼ 40.9% |
| Investment in fixed assets (approximation) | - | €1 | €-805 | €-25k | €-25k | ▲ 1.4% |
| Change in cash | - | €-64k | €9k | €14k | €-4k | ▼ 132% |
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
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 3.86
Current ratio from 1.14 to 3.86; short-term debt falls from €75k to €2k.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 28 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Quaregnon · 1 establishment unit since 2008
Ground area
1,653 m²
Building footprint
332 m²
Volume, LiDAR
1,625 m³
2 parcels, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
JEL Constructing
since 20082.168.660.276
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53050E0288/00W000 | Wallonia | 1,467 m² | 1 · 173 m² | 5.2 m · 1 fl. |
| 53512C0067/00F002 | Wallonia | 185 m² | 1 · 158 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 12,114 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
Founded03-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.