Equity
€2.1m ▲ 7.2%
JARACO has made a profit without a break since 2023.
JARACO
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2002peak €24.2m (2023)
€18.6m▼ 18.3%
lowest -€467,612 (2022)
€139,466▲ 37.5%
peak €2.1m (2021)
€2.1m▲ 7.2%
€5.6m▲ 14.6%
peak 24.2 FTE (2017)
16.3 FTE▼ 14.7%
Board7 names since 2020
1 directorJANSSEN INVEST
Owners
Documentsfilings and deeds
31-10-2025on the last day
2025financial year
Turnover from €22.7m to €18.6mResult from €101,452 to €139,466Staff from 19.1 FTE to 16.3 FTEInvestments €131,505Cash from €43,701 to €270,367
Key points
from the 2025 annual accountsDebts
€5.6m 72% of the balance sheet
Financial debts 4%Suppliers 49%Taxes and wages 4%Other 43%
€211,788 of the debts are secured on the company's own assets. In 2023 that was €532,176.
Investments
€136,807 4.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 175.9% higher than in 2024.
Staff
16.3 FTE from 24.2 in 2017
Between 2017 and 2025, 33% of the full-time equivalents disappeared.
Payment terms
59 days to suppliers
JARACO pays its suppliers 11 days earlier than in 2024. Customers pay 20 days later.
Filings
23 annual accounts 9 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Checked score
64
Healthy
Financially stronger than 36% of small companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.0%▼ -0.1 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.1%▲ +0.1 percentage points vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.3%▲ +0.2 percentage points vs 09-2025
11-2025: 1.9%▲ +0.6 percentage points vs 10-2025highest value
12-2025: 0.5%▼ -1.4 percentage points vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026lowest value
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 1.1%▲ +0.6 percentage points vs 09-2026
11-2026: 1.2%▲ +0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.34, cash €270,367
Figures for financial year 2025 (filed on 04-11-2025)
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 2001
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, small). It does better than 44% of them on solvency, 15% on liquidity, 43% on profitability and 41% 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 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 4,685 companies had the same profile as JARACO has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of JARACO itself: 1.2% 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.
| 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 4,685 companies, not a prediction for JARACO. 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 €130,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.38 in 2024), below the usual 1.5. Short-term debt is 72.4% and cash 3.5% of total assets. 73.1% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
on the day
2024
on the day
2023
on the day
2022
92 days late
2021
92 days late
2020
51 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 39 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
- JANSSEN INVEST 91%score 86equity €5.3m (2025) · 2025 annual accounts of JANSSEN INVEST
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475489941
1 director resigning
Change of role: JANSSEN INVEST, from director to sole director · Resignation: JAMEC · Permanent representatives: JANSSEN Geert Carlo Agnes and KNAEPEN Kris Alfons Marc · Gazette deed
Appointment: VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative: Maarten Lindemans · General meeting of 04-07-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 1 more · Provincie Limburg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JARACO Maaseik | €18.6m | 1.0% | 26.9% | 16.3 |
| Constructions LOUIS Rochefort | €11.4m | 10.9% | 41.1% | 15 |
| AXOR Bocholt | €15.8m | 2.5% | 14.8% | 30.1 |
| ALGEMENE ONDERNEMINGEN HERMANS en Co Lanaken | €12.2m | 10.8% | 41.7% | 31.8 |
| WILLY NAESSENS GENERAL CONTRACTOR Tessenderlo-Ham | €33.7m | 1.5% | 19.0% | 31.6 |
| SWINNEN Balen | €9.1m | 6.6% | 30.3% | 17 |
| MOLENSCHOT INDUSTRIEBOUW Balen | €34.5m | 2.6% | 20.2% | 23.9 |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as JARACO: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €5m and €20m, founded between 1989 and 2003.
Official details
Source: KBO- Status
- Active since 21-08-2001Normal situation
- Activity
- General construction of other non-residential buildingsNACE 41003and 3 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2025
- Establishment unit
- 2.095.194.8523660 Oudsbergen, since 26-09-2001
- Financial year end
- 31 March
- Peppol
- Reachable since 26-02-2025
Annual accounts to 31-03-2025
- €7.7m▲ 12.4%
- Employeeson 31-03-2025
- 18=
- Filing
- Filed on 31-10-2025
Insights on JARACO
JARACO has existed since 2001. Turnover grew from €13.5m in 2012 to €18.6m in 2025.
JANSSEN INVEST holds 91% of the shares.
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 JARACO
- What is the company number of JARACO?
- The company number of JARACO is 0475.489.941. The VAT number is the same number with BE in front: BE 0475.489.941.
- Where is JARACO based?
- The registered office is at Weg naar As 148, 3680 Maaseik.Company details
- What does JARACO do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of JARACO?
- JARACO is a public limited company (NV).
- When was JARACO founded?
- JARACO was founded on 21-08-2001.
- Is JARACO still active?
- Yes, JARACO is an active enterprise in the KBO register.
- How many employees does JARACO have?
- JARACO had an average of 16.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does JARACO fall under?
- In its 31-03-2025 annual accounts, JARACO states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of JARACO?
- The turnover of JARACO was €18.6m in financial year 2025, according to the filed annual accounts.
- Is JARACO profitable?
- In financial year 2025, JARACO made a profit of €139,466.
- Where can I find the annual accounts of JARACO?
- JARACO filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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 See whether the workforce is growing and whether people stay.Employer check 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
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