Debts
€183,747 91% of the balance sheet
Financial debts 6%Suppliers 25%Taxes and wages 3%Other 66%
Of this, €173,597 falls due within a year.
JAD'O
Lifetime
4 annual accounts with figures on one time axispeak €32,086 (2024)
€32,086▲ 59.2%
lowest -€1,941 (2022)
€8,545▲ €9,548
peak €18,732 (2024)
€18,732▲ 83.9%
€183,747▲ 54.0%
Board1 name since 2021
1 directorJADOT Xavier Claude André Mike Ghislain
Documentsfilings and deeds
30-11-2025122 days late
2024micro format
Gross margin from €20,158 to €32,086Back to profit: €8,545Equity from €10,187 to €18,732Debts from €119,308 to €183,747Cash from €3 to €8,072
Key points
from the 2024 annual accountsFilings
4 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
9.3%
Lower solvency than 82% of companies in construction of buildings. Sector median 42.3% · 9,833 companies.
Checked score
35
Weak
Financially stronger than 40% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.6%
01-2025: 6.6%● unchanged vs 12-2024
02-2025: 6.6%● unchanged vs 01-2025
03-2025: 6.1%▼ -0.5 percentage points vs 02-2025
04-2025: 5.9%▼ -0.2 percentage points vs 03-2025lowest value
05-2025: 6.0%▲ +0.1 percentage points vs 04-2025
06-2025: 6.0%● unchanged vs 05-2025
07-2025: 6.0%● unchanged vs 06-2025
08-2025: 6.6%▲ +0.6 percentage points vs 07-2025
09-2025: 6.7%▲ +0.1 percentage points vs 08-2025
10-2025: 7.2%▲ +0.5 percentage points vs 09-2025
11-2025: 7.2%● unchanged vs 10-2025
12-2025: 7.3%▲ +0.1 percentage points vs 11-2025
01-2026: 7.2%▼ -0.1 percentage points vs 12-2025
02-2026: 7.2%● unchanged vs 01-2026
03-2026: 7.2%● unchanged vs 02-2026
04-2026: 7.3%▲ +0.1 percentage points vs 03-2026
05-2026: 7.4%▲ +0.1 percentage points vs 04-2026
06-2026: 7.2%▼ -0.2 percentage points vs 05-2026
07-2026: 7.0%▼ -0.2 percentage points vs 06-2026
08-2026: 7.3%▲ +0.3 percentage points vs 07-2026
09-2026: 7.2%▼ -0.1 percentage points vs 08-2026
10-2026: 7.4%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 7.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 122 days late; 1 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2021
Figures for financial year 2024 (filed on 05-09-2025)
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, micro). It does better than 18% of them on solvency, 8% on liquidity, 50% on profitability and 86% 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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).
Comparable companies, two years later
In July 2024, 1,251 companies had the same profile as JAD'O has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JAD'O itself is higher: 7.4% within 12 months. It rests on far more data about JAD'O than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,251 companies, not a prediction for JAD'O. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.97 (0.83 in 2023), below 1. Short-term debt is 85.7% and cash 4% of total assets. 90.7% 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
Eight signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9833 sector peers (2024).
NBB · sector comparisonPosition among 9833 sector peers
Solvency
better than 18%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €18,732
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 4 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 122 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
122 days late
2023
25 days late
2022
18 days late
2021
15 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 45 days after 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 (1)
Board and ownership
- JADOT Xavier Claude André Mike Ghislain 50 sharesdeed of 12-07-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0770927591
Incorporation
Founding capital of €3,200, 50 shares · Founder: JADOT Xavier Claude André Mike Ghislain (comparant) · Appointment: JADOT Xavier Claude André Mike Ghislain (director) · published on 12-07-2021 · Gazette deed
First establishment
Rue de Florival 48, Grez-Doiceau
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JAD'O Grez-Doiceau | €202,479 | €32,086 | 9.3% | - |
| ConstruForm Wavre | €182,284 | €31,316 | 98.4% | - |
| GROUP B&S (Building & Services) Rixensart | €192,043 | €36,248 | 9.9% | - |
| Jef Nijs Bouw Lubbeek | €211,944 | €33,251 | 16.0% | - |
| AL Bouwwerken Arendonk | €215,991 | €31,670 | 78.9% | - |
| Petru n dakwerken Deinze | €202,090 | €29,148 | 77.2% | - |
| BTR CONSTRUCT Bever | €193,775 | €35,181 | 34.3% | - |
These companies have the same main activity as JAD'O: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €182,000 and €216,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 08-07-2021Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.358.988.6291390 Grez-Doiceau, since 08-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2024
- ≈ €220,000estimated
- €202,479▲ 56.4%
- ≈ 0.1 FTEestimated
- Filing
- Filed on 30-11-2025
Insights on JAD'O
JAD'O files the micro format. That format states no turnover. The gross margin rose from €18,193 in 2021 to €32,086 in 2024.
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 JAD'O
- What is the company number of JAD'O?
- The company number of JAD'O is 0770.927.591. The VAT number is the same number with BE in front: BE 0770.927.591.
- Where is JAD'O based?
- The registered office is at Rue de Florival 48, 1390 Grez-Doiceau.Company details
- What does JAD'O do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of JAD'O?
- JAD'O is a private limited company (BV).
- When was JAD'O founded?
- JAD'O was founded on 08-07-2021.
- Is JAD'O still active?
- Yes, JAD'O is an active enterprise in the KBO register.
- What is the turnover of JAD'O?
- The turnover in financial year 2024 is ≈ €220,000. This figure is estimated from the gross margin of €32,086 and 163 comparable companies (NACE 41001). It probably lies between €120,000 and €400,000.Financials
- Is JAD'O profitable?
- In financial year 2024, JAD'O made a profit of €8,545.
- Where can I find the annual accounts of JAD'O?
- JAD'O filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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.