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JAGERSHOF

Active Public limited companyfounded 2014active for 12 yearsHarpstraat 5, 8530 HarelbekeKBO/BCE: BE 0558.982.294 #10 company by equity in Harelbeke, Construction sector

Lifetime

11 annual accounts with figures on one time axis
Gross marginpeak €216,851 (2023)
€54,314▼ 70.9%
Resultlowest -€95,668 (2016)
€39,321▼ 66.2%
Equitypeak €1.1m (2025)
€1.1m▲ 3.8%
Debts
€11,929▼ 93.5%
Board4 names since 2020
2 directorsChapter George and 1 other
Owners6 names in the annual accounts
45%Bouw Georges Tanghe and 2 others
Documentsfilings and deeds
12-06-202649 days before the deadline
2025financial year
Gross margin from €186,439 to €54,314Result from €116,282 to €39,321Debts from €183,463 to €11,929

Key points

from the 2025 annual accounts

Equity

€1.1m ▲ 3.8%

JAGERSHOF has made a profit without a break since 2021.

Result

€39,321 ▼ 66.2%
€116,0002024€39,3002025

The result fell in 2025 from €116,282 to €39,321.

Turnover

≈ €220,000 estimated

The accounts state no turnover.

Liquidity

91.90 was 6.70 in 2024

Short-term debts fell from €183,463 to €11,929.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 12 to 49 days before the end of the period.

Position in the sector

98.9%

Higher solvency than 95% of companies in construction of buildings. Sector median 32.8% · 1,033 companies.

Checked score

96
Excellent
Financially stronger than 65% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,462 companies (NACE 41, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
100=equity 98.9% of total assets
Liquidity
100+3short-term debt 1.1% · cash 60.8%
Profitability
46-15return on assets 3.6%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 91.90, cash €666,460
Equity €1.1m (98.9% of total assets)
Figures for financial year 2025 (filed on 12-06-2026)
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 92% of them on solvency, 99% on liquidity, 27% on profitability and 44% on growth.

The bankruptcy probability was computed on 05-11-2026 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).

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as JAGERSHOF has now. Each dot stands for 16 companies, two years later.

96.0%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of JAGERSHOF itself: < 0.1% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,049 companies, not a prediction for JAGERSHOF. 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 €100,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 91.9 (6.7 in 2024), above the usual 1.5. Short-term debt is 1.1% and cash 60.8% of total assets. 1.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 91.90, cash €666,460
NBB · annual accounts
lowers risk · Equity €1.1m (98.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 12-06-2026)
NBB · annual accounts
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
15 days early
2023
12 days early
2022
19 days early
2021
20 days early
2020
23 days early
2019
18 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 22 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 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CG
Managing director, Stefariie Vanden Broucke
BG
Managing director, Desire Stadsbader
II
Director, Stephanie Valcke
  • Bouw Georges Tanghe 45%score 95equity €6.9m (2025) · 2025 annual accounts of Bouw Georges Tanghe
  • D.S.R.T. 45%score 89equity €43.4m (2025) · 2025 annual accounts of D.S.R.T.
  • Chapter George 10%score 82equity €14.6m (2025) · 2025 annual accounts of Chapter George
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0558982294
Permanent representative: Tanghe Rita, Mireille General meeting of 22-05-2024 · Gazette deed
1 director appointed, 1 resignation Change of role: Indel Invest bv, from managing director to director · Resignation: Euro-Invest nv · Permanent representatives: Réal Toye, Stephanie Valcke and Stefariie Vanden Broucke · General meeting of 21-05-2022 · Gazette deed
4 directors reappointed Permanent representatives: Réal Marcel Adrien Toye, Patrick Dejager, Desire Stadsbader, Stephanie Valcke and Stefanie Vanden Broucke · Bouw Georges Tanghe nv (managing director), Indel Invest bv (managing director), Euro Invest nv and Chapter George nv · General meeting of 05-07-2020 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
JAGERSHOF Harelbeke €1.1m €54,314 98.9% -
C-Property Damme €1.1m €67,968 48.4% -
MVW CONSULT Zwevegem €1.1m €70,712 96.1% -
ART PLAFOND AR Ixelles €1.1m €54,777 5.5% -
European Real Estate Management Zaventem €1.1m €48,671 7.7% -
Vandebriel Fanny Heist-op-den-Berg €1.1m €43,590 2.3% -
BOUWONDERNEMING VEREECKE ADRIAAN Evergem €1.1m €68,260 38.0% -

These companies have the same main activity as JAGERSHOF: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets of €1.1m, founded between 2013 and 2015.

Official details

Source: KBO
Status
Active since 30-06-2014Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 6 November 2026.
Activity
General construction of residential buildingsNACE 41001and 1 other
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

Total assets
€1.1m▼ 10.8%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Companies linked to JAGERSHOF

Insights on JAGERSHOF

JAGERSHOF has existed since 2014. In 2018 the gross margin rose from €24,065 to €175,507.

Solvency rose in 2025 from 85.1% to 98.9% because of the retained profit and lower debts.

In February 2023, the Official Gazette published the appointment of Chapter George as managing director.

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 JAGERSHOF

What is the company number of JAGERSHOF?
The company number of JAGERSHOF is 0558.982.294. The VAT number is the same number with BE in front: BE 0558.982.294.
Where is JAGERSHOF based?
The registered office is at Harpstraat 5, 8530 Harelbeke.Company details
What does JAGERSHOF do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of JAGERSHOF?
JAGERSHOF is a public limited company (NV).
When was JAGERSHOF founded?
JAGERSHOF was founded on 30-06-2014.
Is JAGERSHOF still active?
Yes, JAGERSHOF is an active enterprise in the KBO register.
What is the turnover of JAGERSHOF?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €54,314 and 39 comparable companies (NACE 41001). It probably lies between €150,000 and €300,000. In financial year 2022 turnover was €425,398.Financials
Is JAGERSHOF profitable?
In financial year 2025, JAGERSHOF made a profit of €39,321.
Where can I find the annual accounts of JAGERSHOF?
JAGERSHOF filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JAGERSHOF due?
JAGERSHOF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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