Losses
-€472,753 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
JABE DISTRIBUTION
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €311,667 (2022)
-€147,301▼ €131,862
lowest -€223,896 (2025)
-€223,896▼ €91,520
peak €1.2m (2022)
€756,607▼ 22.8%
€2.7m▼ 12.9%
Board4 names since 2022
4 directorsDESBONNETS Jacqueline and 3 others
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Gross margin from -€15,440 to -€147,301Loss of €223,896Equity from €980,503 to €756,607
Key points
from the 2025 annual accountsDebts
€2.7m 78% of the balance sheet
Financial debts 31%Suppliers 0%Taxes and wages 3%Other 66%
Of this, €878,445 falls due within a year.
Position in the sector
-€223,896
Lower net result than 91% of companies in construction of buildings. Sector median €32,512 · 1,039 companies.
Checked score
83
Excellent
Financially stronger than 27% of small companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.4 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.7%▲ +0.1 percentage points vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▼ -0.5 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Loss of €223,896, the second in a row (financial year 2025)
Liquidity: current ratio 0.90, cash €140,373
lowers risk
Size: total assets €3.5m
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 41, small). It does better than 36% of them on solvency, 56% on liquidity, 6% on profitability and 12% 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).
Credit verdict
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (0.61 in 2024), below 1. Short-term debt is 25.2% and cash 4% of total assets. 78.3% of the assets are financed with debt and provisions.
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
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€223,896
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
21 days early
2023
7 days late
2022
14 days early
2021
8 days late
2020
5 days early
2019
2 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 7 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 17 July (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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0415355186
3 directors appointed
Jacqueline DESBONNETS, Benoit MICHELLY and Jean-Paul MICHELLY · General meeting of 11-12-2023 · Gazette deed
3 directors reappointed
MICHELLY Jean-Paul Maurice (managing director), DESBONNETS Jacqueline and MICHELLY Benoît · General meeting of 09-09-2022 · Gazette deed
Registered-office move
Director in office: Jean-Paul MICHELLY (chair of the board) · Board meeting of 20-08-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JABE DISTRIBUTION Tournai | €3.5m | -€147,301 | 21.7% | - |
| Guyon-Invest Pajottegem | €4.0m | -€141,243 | 36.9% | 0 |
| Immobiliën Bouw en Coördinatie Ostend | €4.3m | -€410,885 | 29.0% | - |
| BOUYGUES BELGIUM Brussels | €2.9m | -€61,483 | 92.0% | - |
| VERBAKEL ENGINEERING EN BOUW Tongeren-Borgloon | €3.6m | -€43,859 | 98.6% | 0 |
| BOUWCONCEPT FREDDY VERSLUYS Oudenburg | €2.8m | -€41,912 | 21.3% | - |
| Magazijnen Prima Heist-op-den-Berg | €2.6m | -€44,293 | 97.7% | - |
These companies have the same main activity as JABE DISTRIBUTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.6m and €4.3m, founded between 1955 and 1989.
Official details
Source: KBO- Status
- Active since 23-05-1975Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.037.874.6817730 Estaimpuis, since 08-02-1977
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Annual accounts 2025
- €3.5m▼ 15.2%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on JABE DISTRIBUTION
JABE DISTRIBUTION has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €756,607 and a net result of -€223,896.
Equity has been stable since 2018 (±4.3% per year). Its solvency ranks better than 33% of 1,037 sector peers (NACE 41, financial year 2025).
The computed 12-month bankruptcy probability is 0.3% (very low).
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 JABE DISTRIBUTION
- What is the company number of JABE DISTRIBUTION?
- The company number of JABE DISTRIBUTION is 0415.355.186. The VAT number is the same number with BE in front: BE 0415.355.186.
- Where is JABE DISTRIBUTION based?
- The registered office is at Rue de la Rés. Pic au Vent 9, 7500 Tournai.Company details
- What does JABE DISTRIBUTION do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of JABE DISTRIBUTION?
- JABE DISTRIBUTION is a public limited company (NV).
- When was JABE DISTRIBUTION founded?
- JABE DISTRIBUTION was founded on 23-05-1975.
- Is JABE DISTRIBUTION still active?
- Yes, JABE DISTRIBUTION is an active enterprise in the KBO register.
- What is the turnover of JABE DISTRIBUTION?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is JABE DISTRIBUTION profitable?
- In financial year 2025, JABE DISTRIBUTION made a loss of €223,896.
- Where can I find the annual accounts of JABE DISTRIBUTION?
- JABE DISTRIBUTION filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JABE DISTRIBUTION due?
- JABE DISTRIBUTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.