Equity
€157,502 ▲ 17.0%
JØ ENGINEERING has made a profit without a break since 2021.
JØ ENGINEERING
Lifetime
9 annual accounts with figures on one time axispeak €71,752 (2025)
€71,752▲ 62.4%
lowest -€1,306 (2020)
€47,931▲ 37.7%
peak €157,502 (2025)
€157,502▲ 17.0%
€94,370▲ 46.5%
Board1 name since 2021
1 directorPIRRELLO Johnny
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €44,184 to €71,752Result from €34,797 to €47,931Equity from €134,572 to €157,502Debts from €64,430 to €94,370Investments €17,406
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The accounts state no turnover.
Investments
€17,406 3.2 × depreciation
Green is investment, beige is depreciation.
Checked score
96
Excellent
Financially stronger than 70% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
lowers risk
Liquidity: current ratio 2.54, cash €137,350
Equity €157,502 (62.5% of total assets)
Figures for financial year 2025 (filed on 12-06-2026)
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 33, micro). It does better than 70% of them on solvency, 81% on liquidity, 72% on profitability and 59% 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 31-12-2025.
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, 26,972 companies had the same profile as JØ ENGINEERING has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JØ ENGINEERING itself is lower: 0.1% within 12 months. It rests on far more data about JØ ENGINEERING 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.
| 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 26,972 companies, not a prediction for JØ ENGINEERING. 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 €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.54 (3.09 in 2024), above the usual 1.5. Short-term debt is 37.5% and cash 54.5% of total assets. 37.5% 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 12-06-2026, 49 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
49 days early
2024
41 days early
2023
26 days early
2022
34 days early
2021
22 days late
2020
30 days late
2019
25 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% 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 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0666433550
Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: PIRRELLO Johnny (manager) · Reappointment: PIRRELLO Johnny (director) · Director discharge: PIRRELLO Johnny · Gazette deed
First establishment
J0 Engineering, Rue Jules Cousin 51, Frameries
Incorporation
published on 18-11-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JØ ENGINEERING Frameries | €251,873 | €71,752 | 62.5% | - |
| MasterGrid Watermael-Boitsfort | €233,073 | €99,789 | 13.3% | - |
| IDEalarme Lasne | €219,830 | €60,694 | 75.9% | - |
| GALED ELECTRICITE Vilvoorde | €176,711 | €74,730 | 79.4% | - |
| VJA HORECA Fléron | €337,585 | €108,956 | 42.8% | - |
| Michaël Buysse Lochristi | €341,585 | €107,880 | 74.9% | - |
| HDA ENTREPRISES Sprimont | €150,962 | €70,502 | 57.5% | - |
These companies have the same main activity as JØ ENGINEERING: repair and maintenance of electrical equipment (NACE 33140). They are comparable in size and age: total assets between €151,000 and €342,000, founded between 2013 and 2018.
Official details
Source: KBO- Status
- Active since 16-11-2016Normal situation
- Activity
- Repair and maintenance of electrical equipmentNACE 33140and 8 others
- Establishment unit
- 2.258.490.7887080 Frameries, since 25-11-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 30-11-2025
Annual accounts 2025
- €251,873▲ 26.6%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on JØ ENGINEERING
JØ ENGINEERING files the micro format. That format states no turnover. The gross margin rose from €69,082 in 2017 to €71,752 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 JØ ENGINEERING
- What is the company number of JØ ENGINEERING?
- The company number of JØ ENGINEERING is 0666.433.550. The VAT number is the same number with BE in front: BE 0666.433.550.
- Where is JØ ENGINEERING based?
- The registered office is at Rue Jules Cousin 51, 7080 Frameries.Company details
- What does JØ ENGINEERING do?
- According to the KBO register, the main activity is repair and maintenance of electrical equipment (NACE 33140).
- What is the legal form of JØ ENGINEERING?
- JØ ENGINEERING is a private limited company (BV).
- When was JØ ENGINEERING founded?
- JØ ENGINEERING was founded on 16-11-2016.
- Is JØ ENGINEERING still active?
- Yes, JØ ENGINEERING is an active enterprise in the KBO register.
- What is the turnover of JØ ENGINEERING?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €71,752 and 2,667 comparable companies of the same size. It probably lies between €140,000 and €370,000. It is a rough estimate.Financials
- Is JØ ENGINEERING profitable?
- In financial year 2025, JØ ENGINEERING made a profit of €47,931.
- Where can I find the annual accounts of JØ ENGINEERING?
- JØ ENGINEERING filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JØ ENGINEERING due?
- JØ ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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