JAQ Engineering
ActiveJAQ Engineering has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €21k. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-29
Solvency43▼-18
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.83 in 2024; short-term debt: 30.8% and cash: 24.9% of total assets), and 82.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.9%
Return on assets
6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 8657 sector peers (2025).
NBB · sector comparisonPosition among 8657 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
18 d late
2024
11 d late
2023
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€61k▲ 51.0%
2024 · €40k
2023: €15k
2024: €40k
2023 → 2025
Total assets
€340k▲ 205%
2024 · €112k
2023: €35k
2024: €112k
2023 → 2025
Net result
€21k▼ 19.4%
2024 · €26k
2023: €13k
2024: €26k
2023 → 2025
Working capital
€-6k▲ 53.6%
2024 · €-12k
2023: €4k
2024: €-12k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€15k-€40k▲ 172%€61k▲ 51.0%
Operating result€21k-€43k▲ 108%€39k▼ 8.1%
Net result€13k-€26k▲ 99.0%€21k▼ 19.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €340k
Fixed assets
€241k▲ 359%
Current assets
€99k▲ 67.5%
Equity and liabilities €340k
Equity
€61k▲ 51.0%
Debt
€279k▲ 291%
The debt ratio rises from 63.9% to 82.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▼
2024 · €43k
Cash flow
€22k▼
2024 · €26k
Solvency
17.9%▼
2024 · 36.1%
Current ratio
0.95▲
2024 · 0.83
Quick ratio
0.95▲
2024 · 0.83
Debt / equity
4.59▲
2024 · 1.77
ROE
33.8%▼
2024 · 63.3%
ROA
6.0%▼
2024 · 22.8%
Interest coverage
4.98▼
2024 · 11.38
Debt
€279k▲
2024 · €71k
Debt ≤ 1 year
€105k▲
2024 · €71k
Debt > 1 year
€175k
Income taxes
€11k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€112k€340k▲
Fixed assets21/28€53k€241k▲
Tangible fixed assets22/27€3k€4k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€1k€836▼
Financial fixed assets28€49k€237k▲
Current assets29/58€59k€99k▲
Amounts receivable within one year40/41€11k€13k▲
Trade receivables40€11k€13k▲
Cash at bank and in hand54/58€47k€85k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€112k€340k▲
Equity10/15€40k€61k▲
Contributions10/11€2k€2k=
Outside capital11€2k€2k=
Other1109/19€2k€2k=
Reserves13€38k€59k▲
Distributable reserves133€38k€59k▲
Profit (loss) carried forward14€42€44▲
Amounts payable17/49€71k€279k▲
Amounts payable after more than one year17-€175k
Financial debts170/4-€175k
Amounts payable within one year42/48€71k€105k▲
Current portion of amounts payable after more than one year42-€25k
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€9k€23k▲
Taxes450/3€9k€23k▲
Other amounts payable47/48€58k€54k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€1k▲
Other operating charges640/8€64€174▲
Gross operating margin9900€43k€41k▼
Operating profit (loss)9901€43k€39k▼
Financial income75/76B€129€395▲
Recurring financial income75€129€395▲
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€39k€32k▼
Income taxes67/77€14k€11k▼
Profit (loss) for the period9904€26k€21k▼
Profit (loss) for the period to be appropriated9905€26k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€21k▼
Profit (loss) brought forward from the previous period14P€23€42▲
Transfer to equity691/2€26k€21k▼
To other reserves6921€26k€21k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Highest result since 2023net €26k ▲99%
Operating result €43k, net result €26k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Landen · 1 establishment unit since 2023
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.
Raatshovenstraat 1093400 LandenGround area
698 m²
Building footprint
93 m²
Volume, LiDAR
515 m³
Parcel 24059B0614/00G000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JAQ Engineering
since 20232.339.933.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24059B0614/00G000 | Flanders | 698 m² | 1 · 93 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 600 EUR awarded · 600 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 600 EUR | 600 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Synergy through common ground
BE 0455.600.585
Landen · Eq €61k
KOTO
BE 0791.880.581
Bree · Eq €61k
Brecht Reggers
BE 0751.933.904
Hasselt · Eq €61k
BRMSC
BE 0502.981.127
Waterloo · Eq €61k
ADRDM
BE 0805.802.160
La Hulpe · Eq €61k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 39,065 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.