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Jansen Decoration

Active
Public limited companyfounded 2002active for 23 yearsMetaalstraat 9, 2490 Balen, BelgiumKBO/BCE: BE 0478.954.524
Summary

Jansen Decoration has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.9m and a net result of €45,044. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 85% of 7,406 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Painting of buildings
NACE 43341
7th largest employer in Balen, Construction sector1 site
Size
€2.6mtotal assets 2024
Staff
19.9 FTE
Equity
€1.9m
Profit
€45,044
Turnover not published (abbreviated format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Parent
JANSEN INTERNAL SERVICES · 100%
  • Advocatenkantoor Jan Heynickx BVDirector
Auditor: Ernst & Young Bedrijfsrevisoren BVAccounts 75 days overdue2 of 11 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 24-07-2025)Size: 19.9 FTE, total assets €2.6mlowers riskFounded in 2002Equity €1.9m (76.1% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 58% of its sector peers (NACE 43, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100=
equity 76.1% of total assets
Liquidity 46-11
short-term debt 22.4% · cash 3.4%
Profitability 71-1
return on assets 1.8%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,645 companies, NACE 43, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.2%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €100,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 4.35, compared with 5.59 in 2023, above the usual 1.5; short-term debt: 22.4% and cash: 3.4% of total assets), and 23.9% of the assets are financed with debt and provisions.
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 43, small): better than 95% on solvency, 52% on liquidity, 43% on profitability and 40% on growth.

The bankruptcy probability was computed on 14-10-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 24-07-2025)
NBB · annual accounts
raises risk · Size: 19.9 FTE, total assets €2.6m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €1.9m (76.1% of total assets)
NBB · annual accounts
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, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
8 days early
2023
on the day
2022
18 days early
2021
1 day early
2020
8 days early
2019
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: JANSEN NadiaResignation: JANSEN THE BUILDING COMPANY…
  2. Resignation: JANSEN INTERNAL SERVICES NV (director)Permanent representatives: André-Philippe Moriau, Jan…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 7% on equitysector median €344,043 · 7,407 companies €1.9m View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Caution: Directors leftlatest change 05-05-2026 · 1 in office 2 left View
  • Controlled by JANSEN INTERNAL SERVICESultimately: Panach Invest BV 100% View
  • Positive: 6 profitable years in a rowprofit 2024: €45,044 6 years View
  • Flemish supportawarded from 2022 to 2025 €66,482 View

By topic

Financials

Financial year
2024
Total assets
€2.6m
Profit
€45,044
Solvency
76.1%
Total assets▲ 8.9%
Net result
20192024
Go to Financials

Board & ownership

Board
1 member
Parent
JANSEN INTERNAL SERVICES · 100%
Auditor
Ernst & Young Bedrijfsrevisoren…
  • Advocatenkantoor Jan Heynickx BVDirector
Go to Board & ownership

Timeline

Events
26
Since
2004
  1. 31-07-2024Annual accounts filed
  2. 13-07-2023Annual accounts filed
  3. 29-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Painting of buildingsNACE 43341
Founded
06-12-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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