JACO CONSTRUCT
ActiveSummary
JACO CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,349 and a net result of -€1,749. Its solvency ranks better than 19% of 11,213 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €31,349
- Loss
- -€1,749
- Largest shareholder
- Management Consulting 4 Team · 33.33%
- LA CIRCULAIREDirector · permanent representative AUDET Alain
- Management Consulting 4 TeamDirector · permanent representative MOTTINT Christophe
- RABB ENTERPRISEDirector · permanent representative BASTIAENS Raymond
Why 91raises riskEquity €31,349 (1.3% of total assets)lowers riskSize: total assets €2.5mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 15-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 17% on solvency, 22% on liquidity, 34% on profitability and 28% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 19 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- IncorporationAppointments: LA CIRCULAIRE, MANAGEMENT CONSULTING…
Financials · financial year 2025, abbreviated format
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €39,144 after a loss of €3,782 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 865 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96.6% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 865 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €50 | €3,424 | ▲ 68× |
| Gross operating margin9900 | -€3,732 | €42,568 | - |
| Operating profit (loss)9901 | -€3,782 | €39,144 | - |
| Financial income75/76B | - | €63 | - |
| Recurring financial income75 | - | €63 | - |
| Financial charges65/66B | €8,120 | €40,956 | ▲ 404% |
| Recurring financial charges65 | €8,120 | €40,956 | ▲ 404% |
| Profit (loss) for the period before taxes9903 | -€11,902 | -€1,749 | ▲ 85.3% |
| Profit (loss) for the period9904 | -€11,902 | -€1,749 | ▲ 85.3% |
| Profit (loss) for the period to be appropriated9905 | -€11,902 | -€1,749 | ▲ 85.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €0.8m | €2.5m | ▲ 221% |
| Current assets29/58 | €0.8m | €2.5m | ▲ 221% |
| Stocks and contracts in progress3 | €0.6m | €1.9m | ▲ 209% |
| Stocks30/36 | €0.6m | €1.9m | ▲ 209% |
| Amounts receivable within one year40/41 | €0.04m | - | - |
| Other amounts receivable41 | €0.04m | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.6m | ▲ 405% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €0.8m | €2.5m | ▲ 221% |
| Equity10/15 | €0.03m | €0.03m | ▼ 5.3% |
| Contributions10/11 | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | -€0.01m | -€0.01m | ▼ 14.7% |
| Amounts payable17/49 | €0.7m | €2.5m | ▲ 231% |
| Amounts payable after more than one year17 | €0.3m | - | - |
| Financial debts170/4 | €0.3m | - | - |
| Amounts payable within one year42/48 | €0.4m | €2.5m | ▲ 534% |
| Current portion of amounts payable after more than one year42 | - | €1.7m | - |
| Trade debts44 | €0.3m | €0.8m | ▲ 125% |
| Suppliers440/4 | €0.3m | €0.8m | ▲ 125% |
| Advances received on contracts in progress46 | €0.05m | - | - |
| Taxes, remuneration and social security45 | - | €0.05m | - |
| Taxes450/3 | - | €0.05m | - |
| Accrued charges and deferred income492/3 | €0.008m | €0.01m | ▲ 49.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€11,902 | -€1,749 | ▲ 85.3% |
| Operating cash flow (approximation) | -€11,902 | -€1,749 | ▲ 85.3% |
| Change in cash | - | €456,380 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 15-07-2026 | 2026-00296513 |
| 31-12-2024 | full format | 10-07-2025 | 2025-00255761 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Permanent representatives 3
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| LA CIRCULAIRE |
|
| Management Consulting 4 Team |
|
| RABB ENTERPRISE |
|
Owners and capital
Owners
2 ownersOwners 2
-
33.33%
-
33.33%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- LA CIRCULAIRE (BE 0825.983.803) 150 shares (33.3%) · €15,000
- MANAGEMENT CONSULTING 4 TEAM (BE 0534.783.962) 150 shares (33.3%) · €15,000
- RABB ENTERPRISE (BE 0821.766.182) 150 shares (33.3%) · €15,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-10-2023 Incorporation · €45,000 · 450 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
16-10
Gazette deed
IncorporationAppointments: LA CIRCULAIRE, MANAGEMENT CONSULTING 4 TEAM and RABB ENTERPRISE · Permanent representatives: AUDET Alain, MOTTINT Christophe and BASTIAENS Raymond · Founder15 facts ▸
- Founder, LA CIRCULAIRE
- Founder, MANAGEMENT CONSULTING 4 TEAM
- Founder, RABB ENTERPRISE
- Incorporation, 29-09-2023
- Registered office clause, “1180 Bruxelles,avenue Circulaire 148” (deed in French)
- Founding capital, €45,000
- Bank account, “société en formation, libération des apports en numéraire” (deed in French)
- Board rule, 3, “assemblée” (deed in French)
- Director appointment, LA CIRCULAIRE (director (not named in the articles))
- Director appointment, MANAGEMENT CONSULTING 4 TEAM (director (not named in the articles))
- Director appointment, RABB ENTERPRISE (director (not named in the articles))
- Permanent representative, AUDET Alain
- +3 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1001.122.647
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21612D0025/00T024 | Brussels | 506 m² | 1 · 102 m² | 12.4 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, personnes physiques ou morales” (deed in French)“Nombre,durée,pouvoirs en cas de pluralité, loi et statuts réservés à l assemblée générale” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 18:00