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Jac

Active
Public limited companyfounded 196462 yrs activeChemin d'Éole 1, 4000 Liège, BelgiumKBO/BCE: BE 0403.958.973
Summary

Jac has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €966,454. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 11% of 379 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28930NACE 29530
#4 employer in the province of Liège, Machinery and equipment sector1 site
Size
€28.8mturnover 2025
Staff
114 FTE
Equity
€1.8m
Profit
€966,454
Financial health
84 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
BEKAUW · 99.93%
Auditor: Baker Tilly Audit Comptabilité Conseil SRLAccounts 25 d early1 of 12 deeds read
Why 84- Equity €1.8m (10.3% of total assets)- Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28)+ Size: turnover €28.8m, 114 FTE, total assets €17.3m+ Profit of €966,454 (FY 2025)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 28, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 35-20
equity 10.3% of total assets
Liquidity 40=
short-term debt 39.3% · cash 6.9%
Profitability 66+8
return on assets 5.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (101 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -4.0% vs 01-2025 03-2025: 0.1%▼ -0.8% vs 02-2025 04-2025: 0.1%▼ -4.2% vs 03-2025lowest value 05-2025: 0.1%▲ +4.4% vs 04-2025 06-2025: 0.1%▲ +1.7% vs 05-2025 07-2025: 0.2%▲ +56.7% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▼ -3.7% vs 01-2026 03-2026: 0.2%▼ -0.6% vs 02-2026 04-2026: 0.2%▼ -3.9% vs 03-2026 05-2026: 0.2%▲ +4.0% vs 04-2026 06-2026: 0.2%▲ +1.1% vs 05-2026 07-2026: 0.2%▲ +0.5% vs 06-2026 08-2026: 0.3%▲ +90.7% vs 07-2026highest value 09-2026: 0.3%● 0.0% vs 08-2026highest value 10-2026: 0.3%● 0.0% vs 09-2026highest value
  • Equity €1.8m (10.3% of total assets) raises the probability
  • Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28) raises the probability
  • Size: turnover €28.8m, 114 FTE, total assets €17.3m lowers the probability for this profile
  • Profit of €966,454 (FY 2025) lowers the probability
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.63 in 2024; short-term debt: 39.3% and cash: 6.9% of total assets), but 89.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 28, medium-sized). Better than this share of them on solvency 14%, liquidity 55%, profitability 58%, growth against the median 45%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Equity €1.8m (10.3% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: turnover €28.8m, 114 FTE, total assets €17.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Profit of €966,454 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 379 sector peers (2025).
NBB · sector comparison
Position among 379 sector peers
Solvency
better than 11%
← weakest strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 d early
2024
51 d early
2023
23 d early
2022
31 d late
2021
30 d late
2020
12 d late
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

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. Usually files around 9 July (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: Baker Tilly Audit Comptabilité Conseil…Permanent representative: CHRISTOPHE HABETS ·…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Result rose in 2025from €145,017 to €966,454 ▲ 566% View
  • Caution: Among the weakest 11% on solvencysector median 41.6% · 379 companies 10.3% View
  • Positive: 5 years of growth in a rowturnover 2025: €28.8m 5 years View
  • Controlled by BEKAUW 99.93% View
  • Active since 1964founded 15-05-1964 62 years View

By topic

Financials

Fiscal year
2025
Turnover
€28.8m
Profit
€966,454
Solvency
10.3%
Turnover▲ 17.7%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 27-07-2026Appointment: Baker Tilly Audit Comptabilité Conseil SRL…
  2. 06-07-2026Annual accounts filed
  3. 10-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28930
Founded
15-05-1964
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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