JASTRZAB CONSTRUCT
ActiveSummary
JASTRZAB CONSTRUCT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €13k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.8 against 3.77 in 2024; short-term debt: 9.2% and cash: 20.7% of total assets), and 9.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
90.8%
Return on assets
5.2%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
69 d late
2023
91 d late
2022
61 d late
2021
122 d late
2020
61 d late
2019
69 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▲ 6.1%
2024 · €212k
2018: €84klowest in 8 years
2019: €99k▲ +17.3% vs 2018
2020: €105k▲ +5.8% vs 2019
2021: €141k▲ +34.7% vs 2020
2022: €149k▲ +5.8% vs 2021
2023: €178k▲ +19.1% vs 2022
2024: €212k▲ +19.0% vs 2023
2025: €224k▲ +6.1% vs 2024highest in 8 years
2018 → 2025
Total assets
€247k▲ 7.7%
2024 · €229k
2018: €210k
2019: €118k▼ -43.9% vs 2018
2020: €110k▼ -6.6% vs 2019lowest in 8 years
2021: €160k▲ +46.1% vs 2020
2022: €157k▼ -2.1% vs 2021
2023: €265k▲ +68.6% vs 2022highest in 8 years
2024: €229k▼ -13.3% vs 2023
2025: €247k▲ +7.7% vs 2024
2018 → 2025
Net result
€13k▼ 62.0%
2024 · €34k
2018: €7k
2019: €15k▲ +94.9% vs 2018
2020: €6k▼ -60.9% vs 2019lowest in 8 years
2021: €36k▲ +536% vs 2020highest in 8 years
2022: €8k▼ -77.6% vs 2021
2023: €29k▲ +250% vs 2022
2024: €34k▲ +18.6% vs 2023
2025: €13k▼ -62.0% vs 2024
2018 → 2025
Working capital
€86k▲ 74.9%
2024 · €49k
2018: €46k
2019: €66k▲ +42.8% vs 2018
2020: €82k▲ +24.0% vs 2019
2021: €56k▼ -31.4% vs 2020
2022: €85k▲ +50.6% vs 2021
2023: €-10k▼ -111% vs 2022lowest in 8 years
2024: €49k▲ +617% vs 2023
2025: €86k▲ +74.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€141k-€149k▲ 5.8%€178k▲ 19.1%€212k▲ 19.0%€224k▲ 6.1%
2021: €141klowest in 5 years
2022: €149k▲ +5.8% vs 2021
2023: €178k▲ +19.1% vs 2022
2024: €212k▲ +19.0% vs 2023
2025: €224k▲ +6.1% vs 2024highest in 5 years
Operating result€51k-€13k▼ 75.4%€45k▲ 254%€47k▲ 4.5%€22k▼ 52.0%
2021: €51khighest in 5 years
2022: €13k▼ -75.4% vs 2021lowest in 5 years
2023: €45k▲ +254% vs 2022
2024: €47k▲ +4.5% vs 2023
2025: €22k▼ -52.0% vs 2024
Net result€36k-€8k▼ 77.6%€29k▲ 250%€34k▲ 18.6%€13k▼ 62.0%
2021: €36khighest in 5 years
2022: €8k▼ -77.6% vs 2021lowest in 5 years
2023: €29k▲ +250% vs 2022
2024: €34k▲ +18.6% vs 2023
2025: €13k▼ -62.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€138k ▼ 14.9%
Current assets
€109k ▲ 62.3%
Equity and liabilities €247k
Equity
€224k ▲ 6.1%
Debt
€23k ▲ 27.4%
Debt's share of the balance-sheet total rises from 7.8% to 9.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▼
2024 · €94k
Cash flow
€65k▼
2024 · €81k
Current ratio
4.80▲
2024 · 3.77
Debt to equity
0.10▲
2024 · 0.08
ROE
5.7%▼
2024 · 16.0%
ROA
5.2%▼
2024 · 14.7%
Interest coverage
256.73▲
2024 · 73.62
Debt ≤ 1 year
€23k▲
2024 · €18k
Income taxes
€9k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€229k€247k▲
Fixed assets21/28€162k€138k▼
Tangible fixed assets22/27€162k€138k▼
Plant, machinery and equipment23€40k€31k▼
Furniture and vehicles24€122k€107k▼
Financial fixed assets28€117€117=
Current assets29/58€67k€109k▲
Amounts receivable within one year40/41€47k€54k▲
Trade receivables40€38k€48k▲
Other amounts receivable41€9k€6k▼
Cash at bank and in hand54/58€15k€51k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€229k€247k▲
Equity10/15€212k€224k▲
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€188k€201k▲
Amounts payable17/49€18k€23k▲
Amounts payable within one year42/48€18k€23k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€12k€10k▼
Remuneration and social security454/9€83€52▼
Other amounts payable47/48€4k€9k▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€52k▲
Other operating charges640/8€14k€3k▼
Gross operating margin9900€108k€78k▼
Operating profit (loss)9901€47k€22k▼
Financial income75/76B€12€143▲
Recurring financial income75€12€143▲
Financial charges65/66B€1k€291▼
Recurring financial charges65€1k€291▼
Profit (loss) for the period before taxes9903€45k€22k▼
Income taxes67/77€12k€9k▼
Profit (loss) for the period9904€34k€13k▼
Profit (loss) for the period to be appropriated9905€34k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€188k€201k▲
Profit (loss) brought forward from the previous period14P€154k€188k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €20k | €22k | €47k | €52k | ▲ 11.6% |
| Other operating charges640/8 | €3k | €3k | €2k | €14k | €3k | ▼ 77.5% |
| Gross operating margin9900 | €70k | €35k | €69k | €108k | €78k | ▼ 27.5% |
| Operating profit (loss)9901 | €51k | €13k | €45k | €47k | €22k | ▼ 52.0% |
| Financial income75/76B | €1 | €2 | €0 | €12 | €143 | ▲ 1,074% |
| Recurring financial income75 | €1 | €2 | €0 | €12 | €143 | ▲ 1,074% |
| Financial charges65/66B | €210 | €227 | €890 | €1k | €291 | ▼ 77.1% |
| Recurring financial charges65 | €210 | €227 | €890 | €1k | €291 | ▼ 77.1% |
| Profit (loss) for the period before taxes9903 | €51k | €12k | €44k | €45k | €22k | ▼ 51.0% |
| Income taxes67/77 | €15k | €4k | €15k | €12k | €9k | ▼ 18.8% |
| Profit (loss) for the period9904 | €36k | €8k | €29k | €34k | €13k | ▼ 62.0% |
| Profit (loss) for the period to be appropriated9905 | €36k | €8k | €29k | €34k | €13k | ▼ 62.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160k | €157k | €265k | €229k | €247k | ▲ 7.7% |
| Fixed assets21/28 | €85k | €64k | €187k | €162k | €138k | ▼ 14.9% |
| Tangible fixed assets22/27 | €85k | €64k | €187k | €162k | €138k | ▼ 14.9% |
| Plant, machinery and equipment23 | €3k | €3k | €27k | €40k | €31k | ▼ 23.1% |
| Furniture and vehicles24 | €82k | €61k | €160k | €122k | €107k | ▼ 12.2% |
| Financial fixed assets28 | €117 | €117 | €117 | €117 | €117 | = |
| Current assets29/58 | €76k | €93k | €77k | €67k | €109k | ▲ 62.3% |
| Amounts receivable within one year40/41 | €50k | €41k | €61k | €47k | €54k | ▲ 14.0% |
| Trade receivables40 | €36k | €41k | €52k | €38k | €48k | ▲ 26.2% |
| Other amounts receivable41 | €14k | €206 | €9k | €9k | €6k | ▼ 37.1% |
| Cash at bank and in hand54/58 | €21k | €45k | €14k | €15k | €51k | ▲ 232% |
| Deferred charges and accrued income490/1 | €5k | €7k | €2k | €5k | €4k | ▼ 8.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160k | €157k | €265k | €229k | €247k | ▲ 7.7% |
| Equity10/15 | €141k | €149k | €178k | €212k | €224k | ▲ 6.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €3k | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €117k | €126k | €154k | €188k | €201k | ▲ 6.8% |
| Amounts payable17/49 | €19k | €8k | €87k | €18k | €23k | ▲ 27.4% |
| Amounts payable within one year42/48 | €19k | €8k | €87k | €18k | €23k | ▲ 27.4% |
| Trade debts44 | €1k | €150 | €4k | €2k | €3k | ▲ 80.2% |
| Suppliers440/4 | €1k | €150 | €4k | €2k | €3k | ▲ 80.2% |
| Taxes, remuneration and social security45 | €15k | €5k | €20k | €12k | €10k | ▼ 15.7% |
| Taxes450/3 | €15k | €5k | €20k | €12k | €10k | ▼ 15.6% |
| Remuneration and social security454/9 | €79 | €79 | €77 | €83 | €52 | ▼ 37.4% |
| Other amounts payable47/48 | €3k | €3k | €63k | €4k | €9k | ▲ 134% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €8k | €29k | €34k | €13k | ▼ 62.0% |
| + Depreciation and write-downs630 | €16k | €20k | €22k | €47k | €52k | ▲ 11.6% |
| Operating cash flow (approximation) | €52k | €28k | €51k | €81k | €65k | ▼ 19.2% |
| Investment in fixed assets (approximation) | - | €390 | €-145k | €-22k | €-28k | ▼ 29.5% |
| Change in cash | - | €23k | €-30k | €1k | €36k | ▲ 2,846% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 3.77
Current ratio from 0.89 to 3.77; short-term debt falls from €87k to €18k.
31-12
Financial
Equity above €200kEq €212k ▲19%
7 profitable years in a row build equity to €212k.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Equity above €150kEq €178k ▲19.1%
6 profitable years in a row build equity to €178k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 11.93
Current ratio from 3.91 to 11.93; short-term debt falls from €19k to €8k.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Highest result since 2018net €36k ▲536%
Operating result €51k, net result €36k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €6k ▼60.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity quadruplescurrent ratio 17.02
Current ratio from 4.55 to 17.02; short-term debt falls from €19k to €5k.
31-12
Financial
Equity above €100kEq €105k ▲5.8%
3 profitable years in a row build equity to €105k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 4.55
Current ratio from 1.40 to 4.55; short-term debt falls from €115k to €19k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 72 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2004
Ground area
235 m²
Building footprint
152 m²
Volume, LiDAR
2,022 m³
2 parcels, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
JASTRZAB CONSTRUCT SPRL
since 20042.137.585.733
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0087/00E045 | Brussels | 144 m² | 1 · 75 m² | 13.9 m · 4 fl. |
| 21673D0150/00R031 | Brussels | 92 m² | 1 · 77 m² | 17.8 m · 5 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 15,529 companies in sector 43990 we hold annual accounts for 7,420. 5,715 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.