J-Tec Material Handling
The computed 12-month bankruptcy probability of J-Tec Material Handling is 1.6% (moderate). The 2024 annual accounts show negative equity (€-2.91M) and a net result of €140k. Equity is shrinking by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 61 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-2.91M |
| Net result | €140k |
| Staff (FTE) | 30.1 |
| Better than sector | 10% |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -11.5% | 28.8% | |
| Net result | €140k | €30k | |
| Equity | €-2.91M | €394k | |
| Staff costs | €2.73M | €536k | |
| Employees (FTE) | 30.1 | 10.4 |
| Fiscal year | 2024 |
|---|---|
| Revenue | €8.12M |
| EBITDA | €-112k |
| Net profit | €140k |
| Cash flow | €233k |
| Staff costs | €2.73M |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €25.26M |
| Equity | €-2.91M |
| Debt | €28.17M |
| of which ≤ 1y | €28.13M |
| of which > 1y | - |
| Working capital | €-3.12M |
| Employees (FTE) | 30.1 |
| 2024 | |
|---|---|
| Current ratio | 0.89 |
| Quick ratio | 0.38 |
| Working capital ratio | -12.3% |
| Solvency | -11.5% |
| Debt / equity | -9.69 |
| Long-term debt ratio | - |
| Interest coverage | -309.51 |
| Gross margin | -33.9% |
| Net margin | 1.7% |
| ROA | 0.6% |
| ROE | -4.8% |
| EBITDA margin | -1.4% |
| Days sales outstanding | 278d |
| Days payable outstanding | 73d |
| Inventory turnover | 0.76 |
| Days inventory (DSI) | 477d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €25.26M |
| Fixed assets | 21/28 | €253k |
| Tangible fixed assets | 22/27 | €253k |
| Current assets | 29/58 | €25.01M |
| Stocks & contracts in progress | 3 | €14.21M |
| Amounts receivable within one year | 40/41 | €10.78M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €25.26M |
| Equity | 10/15 | €-2.91M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-2.97M |
| Amounts payable | 17/49 | €28.17M |
| Amounts payable within one year | 42/48 | €28.13M |
| Trade debts payable within one year | 44 | €2.17M |
| Income statement | ||
| Turnover | 70 | €8.12M |
| Operating result | 9901 | €-205k |
| Financial income | 75 | €351k |
| Financial charges | 65 | €361 |
| Result before taxes | 9903 | €146k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €140k |
| Result to be appropriated | 9905 | €140k |
-
VebeconLegal entityDirector· perm. rep.: Bert VerheyenState Gazette act 26020721 (10-02-2026)Current01-01-2026 → present
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst & Young BedrijfsrevisorenCurrent Statutory auditor · represented by Ronald Van den Ecker |
- | 01-01-2022 → present |
| NACE primary | 25110 |
| Legal form | Public limited company(014) |
| Incorporation | 20-05-2021 |
| Status | Active |
| Postal code | 2950 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362H0608/00P000 | Flanders | 1.0 ha | 1 · 3,812 m² | 8.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-02-2026 Bert Verheyen appointed as director
- Bert Verheyen, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bert Verheyen",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "Vebecon",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2026-01-01",
"evidence_quote": "In haar vervanging heeft de vergadering beslist de besloten vennootschap Vebecon gevestigd te 2900 Schoten, Pastoor Meeusenlaan 7 met als vaste vertegenwoordiger de heer Bert Verheyen met ingang van 1 januari 2026 te benoemen tot bestuurder."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0768.584.250",
"name_full": "J-TEC MATERIAL HANDLING",
"legal_form": "NV"
}
}14-12-2023 1 director appointed, 1 resigning
- Dirk Michielsens, Bestuurder
- Fabian Leroy, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Fabian Leroy",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0768584250",
"name": "L.V.L.-Beheer",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2023-10-31",
"evidence_quote": "De vergadering heeft akte genomen van het ontslag als bestuurder van de besloten vennootschap L.V.L.-Beheer gevestigd te 2630 Aartselaar, Groeningenlei 1 met als vaste vertegenwoordiger de heer Fabian Leroy met ingang van 31 oktober 2023."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dirk Michielsens",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0768584250",
"name": "Consulting \u0026 Advisory Services",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2023-10-31",
"evidence_quote": "In haar vervanging heeft de vergadering beslist de besloten vennootschap Consulting \u0026 Advisory Services gevestigd te 2400 Mol, Turnhoutsebaan 137 met als vaste vertegenwoordiger de heer Dirk Michielsens met ingang van 31 oktober 2023 te benoemen tot bestuurder."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0768.584.250",
"name_full": "J-TEC MATERIAL HANDLING",
"legal_form": "NV"
}
}28-07-2023 Ronald Van den Ecker reappointed as statutory auditor
- Ronald Van den Ecker, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ronald Van den Ecker",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "Ernst \u0026 Young Bedrijfsrevisoren",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De vergadering heeft beslist het mandaat van commissaris van de besloten vennootschap Ernst \u0026 Young Bedrijfsrevisoren gevestigd te 2600 Berchem (Antwerpen), Borsbeeksebrug 26 te hernieuwen voor een periode van drie jaar een einde nemend, behoudens herbenoeming, onmiddellijk na de gewone algemene ver"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0768.584.250",
"name_full": "J-TEC MATERIAL HANDLING",
"legal_form": "NV"
}
}08-12-2022 Ronald Van den Ecker appointed as statutory auditor
- Ronald Van den Ecker, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ronald Van den Ecker",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "Ernst \u0026 Young Bedrijfsrevisoren",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2022-01-01",
"evidence_quote": "De vergadering heeft beslist de besloten vennootschap Ernst \u0026 Young Bedrijfsrevisoren (IBR \u0412 00160) gevestigd te 2600 Berchem (Antwerpen), Borsbeeksebrug 26 en vertegenwoordigd door de heer Ronald Van den Ecker (IBR A 01851) tot commissaris te benoemen voor een periode van drie jaar met ingang van b"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0768.584.250",
"name_full": "J-TEC MATERIAL HANDLING",
"legal_form": "NV"
}
}25-05-2021 Incorporation of a new NV
Technical details
{
"kind": "oprichting",
"seat": "Lieven Gevaertstraat 11, 2950 Kapellen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": null,
"name": "KATOEN NATIE INTERNATIONAL"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "aandelen aan toonder zonder nominale waarde",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "KATOEN NATIE INTERNATIONAL",
"contribution_type": "cash",
"amount_paid_in_eur": 61500,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 61500,
"amount_subscribed_eur": 61500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 61500,
"subject_company": {
"kbo": "0768.584.250",
"name_full": "J-Tec Material Handling",
"legal_form": "NV"
},
"initial_directors": [],
"incorporation_date": "2021-05-19",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | J-Tec Material Handling |