JASBIR SINGH
ActiveSummary
JASBIR SINGH has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102,822 and a net result of €26,642. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 83% of 8061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+34
Solvency100▲+15
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 5.15 against 2.09 in 2024; short-term debt: 12% and cash: 13.8% of total assets), and 24.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
75.1%
Return on assets
19.5%
Age of the figures
9 mo
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
112 d early
2023
76 d early
2022
80 d early
2021
110 d early
2020
39 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 75 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 8 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€102,822▲ 35.0%
2024 · €76,180
Total assets
€136,882▲ 7.5%
2024 · €127,335
Net result
€26,642
2024 · -€9,559
Working capital
€68,006▲ 148%
2024 · €27,438
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,274€37,803▲ 119%€7,007▼ 81.5%-€4,889€39,229
Net result€10,306within the sector's middle half€28,651within the sector's middle half▲ 178%€3,470below the sector's middle half▼ 87.9%-€9,559below the sector's middle half€26,642within the sector's middle half
Equity€53,617below the sector's middle half▲ 23.8%€82,269below the sector's middle half▲ 53.4%€85,739below the sector's middle half▲ 4.2%€76,180below the sector's middle half▼ 11.1%€102,822within the sector's middle half▲ 35.0%
Total assets€68,948below the sector's middle half▼ 2.7%€114,011below the sector's middle half▲ 65.4%€150,570below the sector's middle half▲ 32.1%€127,335below the sector's middle half▼ 15.4%€136,882below the sector's middle half▲ 7.5%
Debt€15,330▼ 44.4%€31,742▲ 107%€64,831▲ 104%€51,156▼ 21.1%€34,060▼ 33.4%
Working capital€50,509within the sector's middle half▲ 31.6%€60,645within the sector's middle half▲ 20.1%€26,859below the sector's middle half▼ 55.7%€27,438below the sector's middle half▲ 2.2%€68,006within the sector's middle half▲ 148%
Solvency77.8%above the sector's middle half▲ 16.7pp72.2%above the sector's middle half▼ 5.6pp56.9%within the sector's middle half▼ 15.2pp59.8%within the sector's middle half▲ 2.9pp75.1%above the sector's middle half▲ 15.3pp
Current ratio4.29above the sector's middle half▲ 1.204.15above the sector's middle half▼ 0.142.05within the sector's middle half▼ 2.112.09within the sector's middle half▲ 0.045.15above the sector's middle half▲ 3.06
Return on assets (ROA)14.9%above the sector's middle half▲ 28.1pp25.1%above the sector's middle half▲ 10.2pp2.3%within the sector's middle half▼ 22.8pp-7.5%below the sector's middle half▼ 9.8pp19.5%above the sector's middle half▲ 27.0pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39,229 after a loss of €4,889 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136,882
Fixed assets
€52,505 ▼ 29.7%
Current assets
€84,376 ▲ 60.4%
Equity and liabilities €136,882
Equity
€102,822 ▲ 35.0%
Debt
€34,060 ▼ 33.4%
Debt's share of the balance-sheet total falls from 40.2% to 24.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62,782▲
2024 · €18,411
Cash flow
€50,194▲
2024 · €13,741
Debt to equity
0.33▼
2024 · 0.67
ROE
25.9%▲
2024 · -12.5%
Interest coverage
23.59▲
2024 · 6.97
Debt ≤ 1 year
€16,370▼
2024 · €25,174
Debt > 1 year
€17,690▼
2024 · €25,981
Income taxes
€10,175▲
2024 · €2,134
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €15,531 | - | €7,000 | - | - |
| Remuneration, social security and pensions62 | €152 | €95 | €95 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,990 | €10,743 | €10,390 | €23,300 | €23,552 | ▲ 1.1% |
| Other operating charges640/8 | €6,873 | €2,088 | €2,317 | €1,355 | €1,065 | ▼ 21.4% |
| Gross operating margin9900 | €37,290 | €50,729 | €19,809 | €19,766 | €63,847 | ▲ 223% |
| Operating profit (loss)9901 | €17,274 | €37,803 | €7,007 | -€4,889 | €39,229 | ▲ 902% |
| Financial income75/76B | €67 | €29 | €177 | €106 | €249 | ▲ 135% |
| Recurring financial income75 | €67 | €29 | €177 | €106 | €249 | ▲ 135% |
| Financial charges65/66B | €1,464 | €2,190 | €1,668 | €2,642 | €2,662 | ▲ 0.7% |
| Recurring financial charges65 | €1,464 | €2,190 | €1,668 | €2,642 | €2,662 | ▲ 0.7% |
| Profit (loss) for the period before taxes9903 | €15,877 | €35,642 | €5,517 | -€7,425 | €36,816 | ▲ 596% |
| Income taxes67/77 | €5,571 | €6,991 | €2,047 | €2,134 | €10,175 | ▲ 377% |
| Profit (loss) for the period9904 | €10,306 | €28,651 | €3,470 | -€9,559 | €26,642 | ▲ 379% |
| Profit (loss) for the period to be appropriated9905 | €10,306 | €28,651 | €3,470 | -€9,559 | €26,642 | ▲ 379% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68,948 | €114,011 | €150,570 | €127,335 | €136,882 | ▲ 7.5% |
| Fixed assets21/28 | €3,108 | €34,135 | €98,023 | €74,723 | €52,505 | ▼ 29.7% |
| Tangible fixed assets22/27 | €3,108 | €34,135 | €98,023 | €74,723 | €52,505 | ▼ 29.7% |
| Plant, machinery and equipment23 | €2,583 | €457 | €552 | €355 | €1,239 | ▲ 249% |
| Furniture and vehicles24 | €525 | €33,678 | €97,471 | €74,368 | €51,266 | ▼ 31.1% |
| Current assets29/58 | €65,840 | €79,875 | €52,547 | €52,612 | €84,376 | ▲ 60.4% |
| Amounts receivable within one year40/41 | €42,892 | €38,676 | €40,739 | €30,716 | €60,253 | ▲ 96.2% |
| Trade receivables40 | €18,255 | €5,380 | €13,771 | €1,231 | €8,097 | ▲ 558% |
| Other amounts receivable41 | €24,637 | €33,296 | €26,968 | €29,485 | €52,156 | ▲ 76.9% |
| Cash at bank and in hand54/58 | €22,948 | €41,199 | €7,080 | €18,091 | €18,912 | ▲ 4.5% |
| Deferred charges and accrued income490/1 | - | - | €4,728 | €3,806 | €5,211 | ▲ 36.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68,948 | €114,011 | €150,570 | €127,335 | €136,882 | ▲ 7.5% |
| Equity10/15 | €53,617 | €82,269 | €85,739 | €76,180 | €102,822 | ▲ 35.0% |
| Contributions10/11 | €12,400 | €12,400 | €14,260 | €14,260 | €14,260 | = |
| Reserves13 | €1,860 | €1,860 | - | - | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | €39,357 | €68,009 | €71,479 | €61,920 | €88,562 | ▲ 43.0% |
| Amounts payable17/49 | €15,330 | €31,742 | €64,831 | €51,156 | €34,060 | ▼ 33.4% |
| Amounts payable after more than one year17 | - | €12,512 | €39,143 | €25,981 | €17,690 | ▼ 31.9% |
| Financial debts170/4 | - | €12,512 | €39,143 | €25,981 | €17,690 | ▼ 31.9% |
| Amounts payable within one year42/48 | €15,330 | €19,230 | €25,689 | €25,174 | €16,370 | ▼ 35.0% |
| Current portion of amounts payable after more than one year42 | €9,233 | €10,578 | €18,056 | €18,450 | €13,570 | ▼ 26.5% |
| Trade debts44 | €1,169 | €4,951 | €5,650 | €2,824 | €891 | ▼ 68.5% |
| Suppliers440/4 | €1,169 | €4,951 | €5,650 | €2,824 | €891 | ▼ 68.5% |
| Taxes, remuneration and social security45 | €4,928 | €3,701 | €1,983 | €3,900 | €1,910 | ▼ 51.0% |
| Taxes450/3 | €4,928 | €2,201 | €1,983 | - | €1,910 | - |
| Remuneration and social security454/9 | - | €1,500 | - | €3,900 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,306 | €28,651 | €3,470 | -€9,559 | €26,642 | ▲ 379% |
| + Depreciation and write-downs630 | €12,990 | €10,743 | €10,390 | €23,300 | €23,552 | ▲ 1.1% |
| Operating cash flow (approximation) | €23,296 | €39,394 | €13,860 | €13,741 | €50,194 | ▲ 265% |
| Investment in fixed assets (approximation) | - | -€41,770 | -€74,277 | €0 | -€1,335 | - |
| Change in cash | - | €18,252 | -€34,119 | €11,010 | €821 | ▼ 92.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €26,642
Net result €26,642 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 5.15
Current ratio from 2.09 to 5.15; short-term debt falls from €25,174 to €16,370.
31-12
Financial
Equity above €100,000Eq €102,822 ▲35%
Equity rises from €76,180 to €102,822.
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€9,559
Net result drops to -€9,559, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €28,651 ▲178%
Net result €28,651, the highest in the series.
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €10,306
Net result €10,306 after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2000
Ground area
3.2 ha
Building footprint
1.8 ha
Volume, LiDAR
172,949 m³
2 parcels, Flanders · tallest building 17.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JASBIR SINGH
since 20002.094.872.376
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44812Q0147/00F000 | Flanders | 3.2 ha | 1 · 1.8 ha | 17.8 m · 3 fl. |
| 44362B0140/00K009 | Flanders | 236 m² | 1 · 92 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,018 companies in this sector we hold annual accounts for 1,751. 1,506 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-01-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0470086249
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.