JB-TEC
ActiveSummary
The computed 12-month bankruptcy probability of JB-TEC is 2.3% (moderate). The 2025 annual accounts show equity of €29,084 and a net result of €44,138. Equity is shrinking by ~12% per year across the filed fiscal years. Its solvency ranks better than 38% of 28184 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency61▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.07 in 2024; short-term debt: 64% and cash: 36.4% of total assets), and 64% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
36%
Return on assets
54.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
68 d early
2024
67 d early
2023
75 d early
2022
71 d early
2021
68 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 70 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€29,084▲ 14.3%
2024 · €25,446
Total assets
€80,879▼ 13.0%
2024 · €92,947
Net result
€44,138▲ 14.2%
2024 · €38,667
Working capital
€65▼ 98.6%
2024 · €4,626
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,003-€34,757▼ 3.5%€25,927▼ 25.4%€53,514▲ 106%€59,667▲ 11.5%
Net result€23,980within the sector's middle half-€22,946within the sector's middle half▼ 4.3%€16,872within the sector's middle half▼ 26.5%€38,667above the sector's middle half▲ 129%€44,138above the sector's middle half▲ 14.2%
Equity€26,480within the sector's middle half-€49,426within the sector's middle half▲ 86.7%€42,318within the sector's middle half▼ 14.4%€25,446within the sector's middle half▼ 39.9%€29,084within the sector's middle half▲ 14.3%
Total assets€57,187below the sector's middle half-€70,091within the sector's middle half▲ 22.6%€59,386below the sector's middle half▼ 15.3%€92,947within the sector's middle half▲ 56.5%€80,879within the sector's middle half▼ 13.0%
Debt€30,706-€20,665▼ 32.7%€17,068▼ 17.4%€67,501▲ 295%€51,794▼ 23.3%
Working capital€7,493-€32,498▲ 334%€32,279▼ 0.7%€4,626▼ 85.7%€65▼ 98.6%
Solvency46.3%within the sector's middle half-70.5%above the sector's middle half▲ 24.2pp71.3%above the sector's middle half▲ 0.7pp27.4%within the sector's middle half▼ 43.9pp36.0%within the sector's middle half▲ 8.6pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,879
Fixed assets
€29,019 ▲ 39.4%
Current assets
€51,860 ▼ 28.1%
Equity and liabilities €80,879
Equity
€29,084 ▲ 14.3%
Debt
€51,794 ▼ 23.3%
Debt's share of the balance-sheet total falls from 72.6% to 64.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65,274▲
2024 · €60,854
Cash flow
€49,746▲
2024 · €46,007
Current ratio
1.00▼
2024 · 1.07
Debt to equity
1.78▼
2024 · 2.65
ROE
151.8%▼
2024 · 152.0%
ROA
54.6%▲
2024 · 41.6%
Interest coverage
50.40▲
2024 · 33.36
Debt ≤ 1 year
€51,794▼
2024 · €67,501
Income taxes
€14,234▲
2024 · €13,023
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,650 | €6,658 | €6,888 | €7,340 | €5,607 | ▼ 23.6% |
| Other operating charges640/8 | - | €2,761 | €5,540 | €4,523 | €3,586 | ▼ 20.7% |
| Gross operating margin9900 | €43,169 | €44,176 | €38,356 | €65,377 | €68,860 | ▲ 5.3% |
| Operating profit (loss)9901 | €36,003 | €34,757 | €25,927 | €53,514 | €59,667 | ▲ 11.5% |
| Financial income75/76B | - | €0 | €4 | - | - | - |
| Recurring financial income75 | - | €0 | €4 | - | - | - |
| Financial charges65/66B | - | €406 | €989 | €1,824 | €1,295 | ▼ 29.0% |
| Recurring financial charges65 | €448 | €406 | €989 | €1,824 | €1,295 | ▼ 29.0% |
| Profit (loss) for the period before taxes9903 | €35,555 | €34,351 | €24,942 | €51,689 | €58,372 | ▲ 12.9% |
| Income taxes67/77 | €11,575 | €11,405 | €8,069 | €13,023 | €14,234 | ▲ 9.3% |
| Profit (loss) for the period9904 | €23,980 | €22,946 | €16,872 | €38,667 | €44,138 | ▲ 14.2% |
| Profit (loss) for the period to be appropriated9905 | €23,980 | €22,946 | €16,872 | €38,667 | €44,138 | ▲ 14.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57,187 | €70,091 | €59,386 | €92,947 | €80,879 | ▼ 13.0% |
| Fixed assets21/28 | €18,988 | €16,927 | €10,039 | €20,820 | €29,019 | ▲ 39.4% |
| Tangible fixed assets22/27 | €18,988 | €16,927 | €10,039 | €20,820 | €29,019 | ▲ 39.4% |
| Furniture and vehicles24 | - | €16,927 | €10,039 | €3,151 | - | - |
| Other tangible fixed assets26 | - | - | - | €17,669 | €29,019 | ▲ 64.2% |
| Current assets29/58 | €38,199 | €53,163 | €49,347 | €72,127 | €51,860 | ▼ 28.1% |
| Amounts receivable within one year40/41 | €30,939 | €14,401 | €16,455 | €22,081 | €19,218 | ▼ 13.0% |
| Trade receivables40 | - | €14,401 | €16,455 | €22,081 | €19,218 | ▼ 13.0% |
| Cash at bank and in hand54/58 | €7,260 | €38,261 | €30,916 | €48,363 | €29,439 | ▼ 39.1% |
| Deferred charges and accrued income490/1 | - | €502 | €1,975 | €1,683 | €3,203 | ▲ 90.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57,187 | €70,091 | €59,386 | €92,947 | €80,879 | ▼ 13.0% |
| Equity10/15 | €26,480 | €49,426 | €42,318 | €25,446 | €29,084 | ▲ 14.3% |
| Contributions10/11 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €23,980 | €46,926 | €22,946 | €22,946 | €22,946 | = |
| Distributable reserves133 | - | €46,926 | €22,946 | €22,946 | €22,946 | = |
| Profit (loss) carried forward14 | - | - | €16,872 | - | €3,638 | - |
| Amounts payable17/49 | €30,706 | €20,665 | €17,068 | €67,501 | €51,794 | ▼ 23.3% |
| Amounts payable within one year42/48 | €30,706 | €20,665 | €17,068 | €67,501 | €51,794 | ▼ 23.3% |
| Trade debts44 | €205 | - | - | - | €208 | - |
| Suppliers440/4 | - | - | - | - | €208 | - |
| Taxes, remuneration and social security45 | - | €20,665 | €17,068 | €11,962 | €11,086 | ▼ 7.3% |
| Taxes450/3 | - | €20,665 | €17,068 | €11,962 | €11,086 | ▼ 7.3% |
| Other amounts payable47/48 | - | - | - | €55,539 | €40,500 | ▼ 27.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,980 | €22,946 | €16,872 | €38,667 | €44,138 | ▲ 14.2% |
| + Depreciation and write-downs630 | €3,650 | €6,658 | €6,888 | €7,340 | €5,607 | ▼ 23.6% |
| Operating cash flow (approximation) | €27,630 | €29,604 | €23,761 | €46,007 | €49,746 | ▲ 8.1% |
| Investment in fixed assets (approximation) | - | -€4,598 | €0 | -€18,121 | -€13,806 | ▲ 23.8% |
| Change in cash | - | €31,000 | -€7,344 | €17,447 | -€18,924 | ▼ 208% |
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
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2021net €44,138 ▲14.2%
Operating result €59,667, net result €44,138, both a record.
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €16,872 ▼26.5%
Net result drops to €16,872, the lowest in the series; recovery starts the following year.
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.24 to 2.57; short-term debt falls from €30,706 to €20,665.
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Ciney · 1 establishment unit since 2020
Ground area
3,652 m²
Building footprint
300 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
JB TEC
since 20202.304.884.603
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91106B0304/00W000 | Wallonia | 2,735 m² | 1 · 162 m² | - |
| 91106A0011/00F000 | Wallonia | 917 m² | 1 · 139 m² | - |
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 22,831 companies in sector 43211 we hold annual accounts for 10,329. 7,928 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
Founded17-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
26110Manufacture of computer, electronic and optical products
33130Repair, maintenance and installation of machinery and equipment
43212Electrical installation work in industrial facilities
61100Wired, wireless and satellite telecommunications
62900Other information technology and computer services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748648572
Registered
22-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.