Summary
J&T CONSTRUCT is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €47,286 and a net result of €3,398. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 75% of 9,757 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-07-2015 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.243.738.177 2440 Geel, since 09-07-2015
- Financial year end
- 30 September
- Peppol
- Reachable since 20-11-2020
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 30-09-2025
- Profit
- €3,398
- ▲ 13×
- Equity
- €47,286
- ▲ 7.7%
- Total assets
- €61,285
- ▲ 35.0%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
34 days early
2023
32 days early
2022
24 days early
2021
30 days early
2020
45 days early
2019
24 days early
← 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 31 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 02-04-2026 PDF all 10 filings
Equity
€47,286▲ 7.7%
2024 · €43,887
Net result
€3,398▲ 13×
2024 · €270
Total assets
€61,285▲ 35.0%
2024 · €45,389
Solvency
77.2%▼ 19.5pp
2024 · 96.7%
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€5,358
▲ 722%
2025
20192025
Net result
€3,398
▲ 13×
2025
lowest quarter of the sector
20192025
Equity
€47,286
▲ 7.7%
2025
middle half of the sector
20192025
Total assets
€61,285
▲ 35.0%
2025
lowest quarter of the sector
20192025
Debt
€14,000
▲ 833%
2025
20192025
Working capital
€36,537
▼ 17.6%
2025
middle half of the sector
20192025
Solvency
77.2%
▼ 19.5pp
2025
middle half of the sector
20192025
Current ratio
3.74
▼ 40.61
2025
middle half of the sector
20192025
Return on assets (ROA)
5.5%
▲ 4.9pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€5,414-€7,402▲ 36.7%€14,709▲ 98.7%€14,065▼ 4.4%€1,292▼ 90.8%€652▼ 49.5%€5,358▲ 722%
Net result€2,926-€4,292within the sector's middle half▲ 46.7%€9,617within the sector's middle half▲ 124%€9,283within the sector's middle half▼ 3.5%€722below the sector's middle half▼ 92.2%€270below the sector's middle half▼ 62.6%€3,398below the sector's middle half▲ 13×
Equity€19,704-€23,995below the sector's middle half▲ 21.8%€33,612below the sector's middle half▲ 40.1%€42,895within the sector's middle half▲ 27.6%€43,617within the sector's middle half▲ 1.7%€43,887within the sector's middle half▲ 0.6%€47,286within the sector's middle half▲ 7.7%
Total assets€20,086-€26,060below the sector's middle half▲ 29.7%€34,561below the sector's middle half▲ 32.6%€43,740below the sector's middle half▲ 26.6%€44,660below the sector's middle half▲ 2.1%€45,389below the sector's middle half▲ 1.6%€61,285below the sector's middle half▲ 35.0%
Debt€383-€2,065▲ 440%€949▼ 54.0%€845▼ 11.0%€1,043▲ 23.5%€1,501▲ 43.9%€14,000▲ 833%
Working capital€15,902-€22,571within the sector's middle half▲ 41.9%€33,131within the sector's middle half▲ 46.8%€43,299within the sector's middle half▲ 30.7%€43,791within the sector's middle half▲ 1.1%€44,365within the sector's middle half▲ 1.3%€36,537within the sector's middle half▼ 17.6%
Solvency98.1%-92.1%above the sector's middle half▼ 6.0pp97.3%above the sector's middle half▲ 5.2pp98.1%above the sector's middle half▲ 0.8pp97.7%above the sector's middle half▼ 0.4pp96.7%above the sector's middle half▼ 1.0pp77.2%within the sector's middle half▼ 19.5pp
Current ratio21.09above the sector's middle half44.19above the sector's middle half▲ 23.1099.33above the sector's middle half▲ 55.1351.40above the sector's middle half▼ 47.9344.35above the sector's middle half▼ 7.053.74within the sector's middle half▼ 40.61
Return on assets (ROA)14.6%-16.5%within the sector's middle half▲ 1.9pp27.8%above the sector's middle half▲ 11.4pp21.2%within the sector's middle half▼ 6.6pp1.6%within the sector's middle half▼ 19.6pp0.6%below the sector's middle half▼ 1.0pp5.5%within the sector's middle half▲ 4.9pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 8.2 times that of 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61,285
Fixed assets
€11,405
Current assets
€49,880
Equity and liabilities €61,285
Equity
€47,286 ▲ 7.7%
Debt
€14,000 ▲ 833%
Debt's share of the balance-sheet total rises from 3.3% to 22.8%. Equity and debt are higher.
Key figures and ratios
ROE
7.2%▲
2024 · 0.6%
Debt ≤ 1 year
€13,343▲
2024 · €1,023
Income taxes
€1,813▲
2024 · €246
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €13,388 |
| Depreciation and write-downs of the year | €663 | - | - | €1,982 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,703 | €1,703 | €1,703 | €663 | - | - | €1,982 | - |
| Other operating charges640/8 | - | - | - | €547 | €213 | €662 | €571 | ▼ 13.7% |
| Gross operating margin9900 | €7,656 | €9,647 | €17,095 | €15,275 | €1,504 | €1,313 | €7,911 | ▲ 502% |
| Operating profit (loss)9901 | €5,414 | €7,402 | €14,709 | €14,065 | €1,292 | €652 | €5,358 | ▲ 722% |
| Recurring financial income75 | - | - | €1 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €151 | €158 | €135 | €146 | ▲ 8.5% |
| Recurring financial charges65 | €122 | €132 | €232 | €151 | €158 | €135 | €146 | ▲ 8.5% |
| Profit (loss) for the period before taxes9903 | €5,291 | €7,270 | €14,478 | €13,913 | €1,134 | €517 | €5,211 | ▲ 908% |
| Income taxes67/77 | €2,366 | €2,978 | €4,862 | €4,631 | €411 | €246 | €1,813 | ▲ 636% |
| Profit (loss) for the period9904 | €2,926 | €4,292 | €9,617 | €9,283 | €722 | €270 | €3,398 | ▲ 13× |
| Profit (loss) for the period to be appropriated9905 | €2,926 | €4,292 | €9,617 | €9,283 | €722 | €270 | €3,398 | ▲ 13× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €20,086 | €26,060 | €34,561 | €43,740 | €44,660 | €45,389 | €61,285 | ▲ 35.0% |
| Fixed assets21/28 | €4,069 | €2,366 | €663 | - | - | - | €11,405 | - |
| Tangible fixed assets22/27 | €4,069 | €2,366 | €663 | - | - | - | €11,405 | - |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €3,531 | - |
| Furniture and vehicles24 | - | - | - | - | - | - | €7,874 | - |
| Current assets29/58 | €16,017 | €23,694 | €33,898 | €43,740 | €44,660 | €45,389 | €49,880 | ▲ 9.9% |
| Amounts receivable within one year40/41 | €5,312 | €6,029 | €2,510 | €2,121 | €347 | €1,614 | €37,815 | ▲ 23× |
| Trade receivables40 | - | - | - | €2,000 | - | - | €8,000 | - |
| Other amounts receivable41 | - | - | - | €121 | €347 | €1,614 | €29,815 | ▲ 18× |
| Cash at bank and in hand54/58 | €10,705 | €17,665 | €31,388 | €41,618 | €44,313 | €43,775 | €12,066 | ▼ 72.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €20,086 | €26,060 | €34,561 | €43,740 | €44,660 | €45,389 | €61,285 | ▲ 35.0% |
| Equity10/15 | €19,704 | €23,995 | €33,612 | €42,895 | €43,617 | €43,887 | €47,286 | ▲ 7.7% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €13,504 | €17,795 | €27,412 | €36,695 | €37,417 | €37,687 | €41,086 | ▲ 9.0% |
| Non-distributable reserves130/1 | - | - | - | €1,000 | €1,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,000 | €1,000 | €0 | - | - |
| Distributable reserves133 | - | - | - | €35,695 | €36,417 | €37,687 | €41,086 | ▲ 9.0% |
| Amounts payable17/49 | €383 | €2,065 | €949 | €845 | €1,043 | €1,501 | €14,000 | ▲ 833% |
| Amounts payable within one year42/48 | €115 | €1,123 | €767 | €440 | €869 | €1,023 | €13,343 | ▲ 13× |
| Trade debts44 | - | - | - | - | - | - | €4,011 | - |
| Suppliers440/4 | - | - | - | - | - | - | €4,011 | - |
| Taxes, remuneration and social security45 | - | - | - | €331 | €411 | €0 | €7,123 | - |
| Taxes450/3 | - | - | - | €331 | €411 | €0 | €3,913 | - |
| Remuneration and social security454/9 | - | - | - | - | - | - | €3,210 | - |
| Other amounts payable47/48 | - | - | - | €110 | €458 | €1,023 | €2,210 | ▲ 116% |
| Accrued charges and deferred income492/3 | - | - | - | €405 | €174 | €478 | €657 | ▲ 37.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,926 | €4,292 | €9,617 | €9,283 | €722 | €270 | €3,398 | ▲ 13× |
| + Depreciation and write-downs630 | €1,703 | €1,703 | €1,703 | €663 | - | - | €1,982 | - |
| Operating cash flow (approximation) | €4,628 | €5,995 | €11,319 | €9,946 | €722 | €270 | €5,381 | ▲ 20× |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | - |
| Change in cash | - | €6,960 | €13,724 | €10,230 | €2,695 | -€538 | -€31,709 | ▼ 5,789% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 02-04-2026 | 2026-00071673 | |
| 30-09-2024 | micro format | 27-03-2025 | 2025-00055932 | |
| 30-09-2023 | micro format | 29-03-2024 | 2024-00053050 | |
| 30-09-2022 | micro format | 06-04-2023 | 2023-00056275 | |
| 30-09-2021 | micro format | 31-03-2022 | 2022-09500074 | |
| 30-09-2020 | micro format | 16-03-2021 | 2021-07600518 | |
| 30-09-2019 | micro format | 06-04-2020 | 2020-08600278 | |
| 30-09-2018 | micro format | 28-03-2019 | 2019-08300121 | |
| 30-09-2017 | micro format | 29-03-2018 | 2018-08300232 | |
| 30-09-2016 | abbreviated format | 29-03-2017 | 2017-08000320 |
Board & ownership
Directors
Directors
1 director, last change in 2023
Van Orshaegen
Current
Director (not named in the articles) · in office according to the deed of 10-10-2023 · earlier director, until 10-10-2023 · listed in the 2025 annual accounts, filed on 02-04-2026
Owners and capital
Capital transactions
Capital over time
- 10-10-2023 Converted to unavailable equity · €7,200
Mandate history
1 person, 1 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Van Orshaegen |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Articles of association, deed of 10-10-2023 (in Dutch)
Network & group
J&T CONSTRUCT shares no director with another company.
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of J&T CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
02-04
micro format · 28 days before the deadline
2025
27-03
micro format · 34 days before the deadline
2024
30-09
Financial
Weakest financial yearnet €270 ▼62.6%
The net result drops to €270, the lowest from 2019 to 2025. It recovers the following year.
29-03
micro format · 32 days before the deadline
2023
10-10
Gazette deed
Resignation: Van Orshaegen (director)Reappointment: Van Orshaegen (director) · “Het verlenen van management,zowel algemeen,financieel,administratief,economisch,juridisch of anderszins…” (deed in Dutch) · Asset distribution: €12,4009 points ▸
Gazette deed
Resignation: Van Orshaegen (director)
Reappointment: Van Orshaegen (director) · “Het verlenen van management,zowel algemeen,financieel,administratief,economisch,juridisch of anderszins…” (deed in Dutch) · Asset distribution: €12,4009 points ▸
- General meeting, 05-10-2023
- Purpose change, “Het verlenen van management,zowel algemeen,financieel,administratief,economisch,juridisch of anderszins; Coördinator van bouwwerkzaamheden,het houden van…” (deed in Dutch)
- Asset distribution, €12,400
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- 100 shares
- Director resignation, Van Orshaegen
- Director discharge, Van Orshaegen
- Director reappointment, Van Orshaegen (director (not named in the articles))
- Registered office clause, Ossemeer 72
- The deed holds 3 more points.
06-04
micro format · 24 days before the deadline
2022
30-09
Financial
Liquidity more than doubledcurrent ratio 99.33
The current ratio rises from 44.19 to 99.33. Short-term debt falls from €767 to €440.
31-03
micro format · 30 days before the deadline
2021
30-09
Financial
Highest result from 2019 to 2025net €9,617 ▲124%
The operating result of €14,709 and the net result of €9,617 are both a record.
30-09
Financial
Liquidity more than doubledcurrent ratio 44.19
The current ratio rises from 21.09 to 44.19. Short-term debt falls from €1,123 to €767.
16-03
micro format · 45 days before the deadline
2020
06-04
micro format · 24 days before the deadline
Show earlier events
2019
28-03
micro format · 33 days before the deadline
2018
29-03
micro format · 32 days before the deadline
2017
29-03
abbreviated format · 32 days before the deadline
2015
27-07
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
J&T CONSTRUCT in Dutch
Enterprise number
0633.868.175
Legal form
Private limited company
Status
Active, normal situation
Founded
09-07-2015
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-10-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 10-10-2023 (in Dutch)Registered office and establishments
Registered office
Ossemeer 72, 2440 Geel, Belgium
Establishment unit
J&T Construct, Ossemeer 72, 2440 Geel since 09-07-2015 · unit number 2.243.738.177
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 10-10-2023 (in Dutch)
“1) groot- en kleinhandel in bouwmaterialen,onderneming voor het oprichten,het restaureren,het verbouwen,het reinigen of het afbreken van…”
6 activities
- 1) groot- en kleinhandel in bouwmaterialen,onderneming voor het oprichten,het restaureren,het verbouwen,het reinigen of het afbreken van onroerende goederen,algemene aannemingen,metsel- en betonwerken
- 2) het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur- en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten
- 3) het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur- en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen
- 4) het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaand of op te richten,industriële,commerciële,financiële,landbouw- of immobiliënvennootschappen of –ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt:het deelnemen aan hun beheer,bestuur,vereffening,en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
- 5) Het verlenen van management,zowel algemeen,financieel,administratief,economisch,juridisch of anderszins
- 6) Coördinator van bouwwerkzaamheden,het houden van toezicht en het bijhouden van de administratie,de organisatie
Invoicing and payment
VAT number
BE 0633.868.175
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of March at 18:00
deed of 10-10-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
848 m²
Building footprint
243 m²
Building volume
1,050 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13374F0133/00E000 | Flanders | 848 m² | 1 · 243 m² | 6.4 m · 2 |