JAY CONSTRUCT
ActiveJAY CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+22
Solvency34=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.5 in 2024; short-term debt: 62.7% and cash: 8.9% of total assets), and 90.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
17 d early
2023
20 d early
2022
57 d late
2021
31 d early
2020
27 d late
2019
15 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€86k▼ 4.1%
2024 · €90k
2018: €42k
2019: €71k
2020: €183k
2021: €269k
2022: €217k
2023: €148k
2024: €90k
2018 → 2025
Total assets
€931k▼ 5.1%
2024 · €981k
2018: €1.02M
2019: €943k
2020: €1.10M
2021: €1.02M
2022: €1.09M
2023: €1.06M
2024: €981k
2018 → 2025
Net result
€-4k▲ 93.7%
2024 · €-58k
2018: €36k
2019: €29k
2020: €112k
2021: €86k
2022: €-52k
2023: €-70k
2024: €-58k
2018 → 2025
Working capital
€284k▼ 5.2%
2024 · €300k
2018: €432k
2019: €473k
2020: €618k
2021: €531k
2022: €483k
2023: €377k
2024: €300k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€269k-€217k▼ 19.3%€148k▼ 32.1%€90k▼ 39.2%€86k▼ 4.1%
Operating result€103k-€-46k€-51k▼ 11.2%€-32k▲ 37.1%€17k
Net result€86k-€-52k€-70k▼ 34.4%€-58k▲ 17.1%€-4k▲ 93.7%
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: €17k after a loss of €32k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €931k
Fixed assets
€63k▼ 18.5%
Current assets
€868k▼ 4.0%
Equity and liabilities €931k
Equity
€86k▼ 4.1%
Debt
€845k▼ 5.2%
The debt ratio falls from 90.8% to 90.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€39k▲
2024 · €-12k
Cash flow
€18k▲
2024 · €-38k
Solvency
9.3%▲
2024 · 9.2%
Current ratio
1.49▼
2024 · 1.50
Quick ratio
0.18▼
2024 · 0.20
Debt / equity
9.80▼
2024 · 9.92
ROE
-4.2%▲
2024 · -64.4%
ROA
-0.4%▲
2024 · -5.9%
Interest coverage
1.81▲
2024 · -0.47
Debt
€845k▼
2024 · €891k
Debt ≤ 1 year
€584k▼
2024 · €604k
Debt > 1 year
€251k▼
2024 · €275k
Income taxes
€176▲
2024 · €174
Staff costs
€338k▲
2024 · €317k
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€981k€931k▼
Fixed assets21/28€78k€63k▼
Intangible fixed assets21€6k€5k▼
Tangible fixed assets22/27€71k€58k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€23k€17k▼
Other tangible fixed assets26€41k€37k▼
Financial fixed assets28€160€160=
Current assets29/58€904k€868k▼
Stocks and contracts in progress3€784k€761k▼
Stocks30/36€784k€761k▼
Amounts receivable within one year40/41€29k€18k▼
Trade receivables40€29k€18k▼
Other amounts receivable41€4€0▼
Cash at bank and in hand54/58€79k€82k▲
Deferred charges and accrued income490/1€11k€6k▼
Equity and liabilities
Total equity and liabilities10/49€981k€931k▼
Equity10/15€90k€86k▼
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€35k€31k▼
Amounts payable17/49€891k€845k▼
Amounts payable after more than one year17€275k€251k▼
Financial debts170/4€275k€251k▼
Amounts payable within one year42/48€604k€584k▼
Current portion of amounts payable after more than one year42€6k€0▼
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€215k€225k▲
Suppliers440/4€215k€225k▲
Advances received on contracts in progress46€25k€22k▼
Taxes, remuneration and social security45€57k€60k▲
Taxes450/3€7k€12k▲
Remuneration and social security454/9€51k€48k▼
Other amounts payable47/48€176k€152k▼
Accrued charges and deferred income492/3€12k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€317k€338k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€3k€8k▲
Gross operating margin9900€307k€385k▲
Operating profit (loss)9901€-32k€17k▲
Financial income75/76B€704€1k▲
Recurring financial income75€704€1k▲
Financial charges65/66B€26k€21k▼
Recurring financial charges65€26k€21k▼
Profit (loss) for the period before taxes9903€-58k€-3k▲
Income taxes67/77€174€176▲
Profit (loss) for the period9904€-58k€-4k▲
Profit (loss) for the period to be appropriated9905€-58k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€31k▼
Profit (loss) brought forward from the previous period14P€93k€35k▼
Social balance
Average headcount (FTE)90877.17.1=
The notes to these accounts (20 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €269k ▲47.3%
4 profitable years in a row build equity to €269k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €112k ▲291%
Operating result €141k, net result €112k, both a record.
31-12
Financial
Equity above €150kEq €183k ▲159%
3 profitable years in a row build equity to €183k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
31-07
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
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, Ninove · 1 establishment unit since 2015
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.
Albertlaan 309400 NinoveGround area
2.1 ha
Building footprint
802 m²
Volume, LiDAR
4,192 m³
Parcel 41362B1780/00P000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hubo
since 20152.240.786.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1780/00P000 | Flanders | 2.1 ha | 1 · 802 m² | 6.0 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.240.786.508
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,626 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2015
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
68110Buying and selling of own real estate
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.