Jatech
ActiveSummary
Jatech has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213,839 and a net result of €212,839. Equity has been growing by about 33% per year since 2022. Its solvency ranks better than 35% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-11-2022 Normal situation
- Activity
- Plumbing work NACE 43221
- Establishment unit
- 2.338.064.244 2310 Rijkevorsel, since 21-11-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Board and ownership
- AERTS Jim Jozef MagdaDirector · since 21-11-2022
- Voermans EvelienDirector · since 01-06-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €306,494
- ▲ 120%
- Turnover
- ≈ €760,000
- estimated
- Profit
- €212,839
- ▲ 123%
- Equity
- €213,839
- ▼ 11.3%
- Total assets
- €638,568
- ▲ 54.8%
- Staff
- ≈ 0.1 FTE
- estimated
Score breakdownraises riskFounded in 2022lowers riskSize: total assets €638,568Liquidity: current ratio 1.53, cash €195,103Figures for financial year 2025 (filed on 26-03-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 35% of them on solvency, 55% on liquidity, 92% on profitability and 23% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 126 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-03-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is 131% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €11,640 | €15,595 | €62,026 | €31,439 |
| Financial fixed assets | - | - | - | €0 |
| Depreciation and write-downs of the year | €2,934 | €6,382 | €16,603 | €20,568 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €72 awarded · €72 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €0 | €72 |
| 2023 | 1 | €72 | €0 |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €4,071 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,934 | €6,382 | €16,603 | €20,568 | ▲ 23.9% |
| Other operating charges640/8 | €639 | €1,383 | €1,763 | €2,573 | ▲ 45.9% |
| Gross operating margin9900 | €93,737 | €97,829 | €139,424 | €306,494 | ▲ 120% |
| Operating profit (loss)9901 | €90,165 | €90,064 | €121,059 | €279,282 | ▲ 131% |
| Financial income75/76B | €16 | €837 | €675 | €319 | ▼ 52.8% |
| Recurring financial income75 | €16 | €837 | €675 | €319 | ▼ 52.8% |
| Financial charges65/66B | €209 | €55 | €1,639 | €1,859 | ▲ 13.4% |
| Recurring financial charges65 | €209 | €55 | €1,639 | €1,859 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €89,972 | €90,847 | €120,094 | €277,742 | ▲ 131% |
| Income taxes67/77 | €18,003 | €18,499 | €24,463 | €64,904 | ▲ 165% |
| Profit (loss) for the period9904 | €71,968 | €72,348 | €95,632 | €212,839 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | €71,968 | €72,348 | €95,632 | €212,839 | ▲ 123% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €146,453 | €288,802 | €412,439 | €638,568 | ▲ 54.8% |
| Fixed assets21/28 | €8,706 | €17,511 | €62,934 | €73,805 | ▲ 17.3% |
| Tangible fixed assets22/27 | €8,706 | €17,511 | €62,934 | €73,805 | ▲ 17.3% |
| Land and buildings22 | - | - | - | €12,377 | - |
| Plant, machinery and equipment23 | €7,023 | €3,667 | €719 | €15,656 | ▲ 22× |
| Furniture and vehicles24 | €1,683 | €13,844 | €62,215 | €45,772 | ▼ 26.4% |
| Current assets29/58 | €137,747 | €271,291 | €349,505 | €564,763 | ▲ 61.6% |
| Stocks and contracts in progress3 | - | €17,466 | €39,752 | €152,817 | ▲ 284% |
| Stocks30/36 | - | €17,466 | €39,752 | €149,661 | ▲ 276% |
| Contracts in progress37 | - | - | - | €3,156 | - |
| Amounts receivable within one year40/41 | €93,579 | €115,463 | €193,088 | €212,525 | ▲ 10.1% |
| Trade receivables40 | €93,564 | €114,794 | €192,608 | €198,710 | ▲ 3.2% |
| Other amounts receivable41 | €15 | €669 | €481 | €13,815 | ▲ 29× |
| Cash at bank and in hand54/58 | €44,061 | €137,404 | €113,712 | €195,103 | ▲ 71.6% |
| Deferred charges and accrued income490/1 | €107 | €958 | €2,952 | €4,318 | ▲ 46.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €146,453 | €288,802 | €412,439 | €638,568 | ▲ 54.8% |
| Equity10/15 | €72,968 | €145,316 | €240,948 | €213,839 | ▼ 11.3% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €71,968 | €144,316 | €239,948 | €212,839 | ▼ 11.3% |
| Distributable reserves133 | €71,968 | €144,316 | €239,948 | €212,839 | ▼ 11.3% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €73,485 | €143,486 | €171,491 | €424,729 | ▲ 148% |
| Amounts payable after more than one year17 | - | - | €37,933 | €26,553 | ▼ 30.0% |
| Financial debts170/4 | - | - | €37,933 | €26,553 | ▼ 30.0% |
| Amounts payable within one year42/48 | €73,485 | €143,486 | €133,558 | €369,728 | ▲ 177% |
| Current portion of amounts payable after more than one year42 | - | - | €11,380 | €11,380 | = |
| Trade debts44 | €46,172 | €58,016 | €60,949 | €112,750 | ▲ 85.0% |
| Suppliers440/4 | €46,172 | €58,016 | €60,949 | €112,750 | ▲ 85.0% |
| Taxes, remuneration and social security45 | €22,313 | €75,633 | €46,805 | €32,139 | ▼ 31.3% |
| Taxes450/3 | €22,313 | €73,232 | €43,368 | €31,242 | ▼ 28.0% |
| Remuneration and social security454/9 | - | €2,401 | €3,437 | €897 | ▼ 73.9% |
| Other amounts payable47/48 | €5,000 | €9,837 | €14,424 | €213,460 | ▲ 15× |
| Accrued charges and deferred income492/3 | - | - | - | €28,448 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,968 | €72,348 | €95,632 | €212,839 | ▲ 123% |
| + Depreciation and write-downs630 | €2,934 | €6,382 | €16,603 | €20,568 | ▲ 23.9% |
| Operating cash flow (approximation) | €74,902 | €78,729 | €112,235 | €233,407 | ▲ 108% |
| Investment in fixed assets (approximation) | - | -€15,186 | -€62,026 | -€31,439 | ▲ 49.3% |
| Change in cash | - | €93,343 | -€23,692 | €81,390 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,127 companies had the same profile as Jatech has now. Two years later, 97.2% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Jatech itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,127 companies, not a prediction for Jatech. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- AERTS Jim Jozef Magda sole founder · 100% at incorporation
Capital transactions
- 23-11-2022 Incorporation · €1,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| AERTS Jim Jozef Magda |
|
| Voermans Evelien |
|
Network & group
Jatech shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Jatech. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-06
Gazette deed
Appointment: Voermans Evelien (director)2 points ▸
- General meeting, 31-05-2024
- Director appointment, Voermans Evelien (director)
23-11
Gazette deed
IncorporationStarting capital €1,000 · Appointment: AERTS Jim Jozef Magda (director) · Bank account · Founder7 points ▸
- Other provision, “Volmacht(en), Nihil” (deed in Dutch)
- Bank account, 15-11-2022
- Incorporation, 21-11-2022
- Founder, AERTS Jim Jozef Magda
- Founding capital, €1,000
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director appointment, AERTS Jim Jozef Magda (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
66 activities
- Boren,draaien,frezen,vonkerosie bewerken,schaven,lappen,trekfrezen,vlakken,zagen,slijpen,lassen,enz. van metalen stukken
- Vervaardiging van huishoudelijke en sanitaire artikelen van metaal
- Reparatie en onderhoud van verwarmingsinstallaties
- Reparatie van machines
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden
- Onderhoud en de reparatie van rollend materieel voor spoor- en tramwegen en van mechanische en elektromechanische signaal- en veiligheidstoestellen
- Onderneming voor de installatie van hulpvoedingssystemen (generatoraggregaten)
- Bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails)
- Bouw van rioleringen
- Aanleg van waterdistributienetten en rioleringen
- Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
- Aanleg van leidingen voor het vervoer en distributie van elektrische energie
- Bouwrijp maken van terreinen
- Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- Ruimen van bouwterreinen
- Uitvoeren van horizontale boringen voor het leggen van kabels en kanalisaties
- Elektrotechnische installatiewerken aan gebouwen
- Onderneming voor de installatie van elektrische bedrading en toebehoren
- Onderneming voor de installatie van de bedrading voor telefooninstallaties en computersystemen
- Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Elektrotechnische installatiewerken,uitgezonderd aan gebouwen
- Loodgieterswerk
- Installatie in gebouwen en andere bouwwerken van: loodgieterswerk en sanitaire apparaten,gasleidingen en aansluitingen met uitzondering van onder meer gasleidingen voor verwarmingssystemen,waterleidingen en brandblusinstallaties
- Installatie van verwarming,klimaatregeling en ventilatie
- Installatie in gebouwen en andere bouwwerken van onder meer: verwarmingssystemen op elektriciteit,gas of stookolie,verwarmingsketels,apparaten en leidingen voor ventilatie en klimaatregeling
- Installatie van verwarming,klimaatregeling en ventilatie (zonder verwarming)
- Onderneming voor de installatie van elektrische verwarmingsinstallaties
- Isolatiewerkzaamheden
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- Overige installaties (inclusief accessoires)
- Algemene bouwinstallatie
- Montage van buiten- en binnen schrijnwerk van hout of van kunststof,van onder meer deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens en winkelinrichtingen
- Installatie van onder meer garagepoorten,luiken,zonneblinden,traliewerk,hekken,in hout of kunststof
- Installatie van onder meer garagepoorten,luiken,zonneblinden,traliewerk en hekken,in metaal
- Plaatsen van vloer- en wandtegels
- Schilderen van gebouwen
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Dak werkzaamheden
- Plaatsen van dakbedekking van ongeacht welk materiaal
- Waterdicht maken van daken en dakterrassen
- Gevelreiniging door middel van onder meer zandstralen,met behulp van stoom
- Onderneming voor het uitvoeren van voegwerken
- Overige gespecialiseerde bouwwerkzaamheden
- Handelsbemiddeling in sanitaire artikelen
- Handelsbemiddeling in loodgietersmateriaal,elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties
- Groot-en detailhandel in sanitair
- Groot -en detailhandel in sanitair: baden,wasbakken,toiletten,enz.
- Groot -en detailhandel in installatiemateriaal voor loodgieterswerk en verwarming
- Groot -en detailhandel in apparaten voor centrale verwarming
- Groot -en detailhandel in materiaal voor de installatie van sanitair en centrale verwarming,onder meer omvattende buizen,pijpen,fittings,kranen,verbindingsstukken,rubberslangen
- Detailhandel in sanitaire artikelen en sanitair installatiemateriaal in gespecialiseerde winkels
- Overige dienstverlenende activiteiten op het gebied van informatie
- Ondersteunende activiteiten in verband met de teelt van gewassen
- Ondersteunende activiteiten in verband met de veeteelt
- Activiteiten met betrekking tot gewassen na de oogst
- Verhuur van landbouwmachines en -werktuigen met bedieningspersoneel
- Verhuur van machines voor de bouwnijverheid met bedieningspersoneel
- Vervaardiging van allerhande landbouwmachines en -werktuigen en werktuigen voor pluimveeteelt,bijenteelt,bereiden van veevoeders,enz.; machines voor het reinigen en sorteren van onder meer eieren en fruit
- Stalinrichting
- Groot – en detailhandel in machines,werktuigen en toebehoren voor de landbouw
- Aankoop en verkoop van eigen onroerend goed
- Bemiddeling bij de aankoop,verkoop en verhuur van eigen onroerende goederen
- Huur en verhuur van eigen onroerende goederen
- Bouwen en verbouwen van eigen onroerend goed
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0793.800.884
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13502F0011/00T000 | Flanders | 5,938 m² | 1 · 162 m² | 7.5 m · 2 |