JAGAL · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of JAGAL is 2.4% (moderate). The 2024 annual accounts show equity of €34k and a net result of €23k. Its solvency ranks better than 58% of 11088 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 14 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	16-07-2025	15 d early	2025-00274918
31-12-2023	31-07-2024	30-07-2024	1 d early	2024-00327641

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.4% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€133k+656.9%

EBIT margin17.1%-30.5pp

Net result€23k+174.9%

Working capital€19k+64.4%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 16-07-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	47.5%	40.9%	better than 58% of 11088 sector peers
Net result	€23k	€11k	better than 67% of 11070 sector peers
Equity	€34k	€34k	better than 50% of 11091 sector peers
Gross operating margin	€31k	€35k	better than 47% of 11060 sector peers
Total assets	€72k	€93k	better than 40% of 11088 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€133k

+656.9% 23-24

EBITDA

€29k

- 23-24

Net profit

€23k

+174.9% 23-24

Cash flow

€29k

- 23-24

Total assets

€72k

+86.4% 23-24

Equity

€34k

+202.0% 23-24

Working capital

€19k

+64.4% 23-24

Debt

€38k

+38.6% 23-24

Debt ≤ 1y

€38k

+38.6% 23-24

Current ratio

1.49

+5.5% 23-24

Quick ratio

1.49

+5.5% 23-24

Solvency

47.5%

+62.0% 23-24

Debt / equity

1.11

-54.1% 23-24

ROE

66.9%

-9.0% 23-24

ROA

31.7%

+47.4% 23-24

Net margin

17.2%

-63.7% 23-24

EBITDA margin

22.1%

- 23-24

Interest coverage

129.11

- 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€133k
EBITDA	€29k
Net profit	€23k
Cash flow	€29k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€72k
Equity	€34k
Debt	€38k
of which ≤ 1y	€38k
of which > 1y	-
Working capital	€19k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.49
Quick ratio	1.49
Working capital ratio	25.8%
Solvency	47.5%
Debt / equity	1.11
Long-term debt ratio	-
Interest coverage	129.11
Gross margin	23.5%
Net margin	17.2%
ROA	31.7%
ROE	66.9%
EBITDA margin	22.1%
Days sales outstanding	87d
Days payable outstanding	136d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €16k · 21.6% Current assets €56k · 78.4%

Equity & liabilities

Equity €34k · 47.5% Debt €38k · 52.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€72k
Fixed assets	21/28	€16k
Tangible fixed assets	22/27	€16k
Current assets	29/58	€56k
Amounts receivable within one year	40/41	€43k
Cash & bank	54/58	€14k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€72k
Equity	10/15	€34k
Contributions / capital	10/11	€3k
Accumulated profits (losses)	14	€31k
Amounts payable	17/49	€38k
Amounts payable within one year	42/48	€38k
Trade debts payable within one year	44	€38k
Income statement
Turnover	70	€133k
Gross operating margin	9900	€31k
Operating result	9901	€23k
Financial income	75	€309
Financial charges	65	€228
Result before taxes	9903	€23k
Net result for the period	9904	€23k
Result to be appropriated	9905	€23k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

97 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Leuvensesteenweg 2461932 Zaventem

Establishment units

1 location

JAGAL

Algemene bouw van residentiële gebouwen

since 20232.352.213.079

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area8,437 m²

Buildings2

Building footprint1,981 m²

Volume (LiDAR)1,492 m³

Tallest building10.9 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23094D0041/00F000	Flanders	7,975 m²	1 · 1,789 m²	-
23078A0472/00L000	Flanders	461 m²	1 · 192 m²	10.8 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

Address history · 1

05-02-2024

Registered-office move

All acts · 1 updated 2 years ago

2024

05-02-2024 Registered office moved to Sint-Steven-Woluwe Registered-office change

Imperiastraat 8, 1930 Zaventem → Leuvensesteenweg 246 bus 1, 1932 Sint-Steven-Woluwe

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

91 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 97

Profitability 100

Solvency 81

Growth 85

Stability 94

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