Result
€109,426 ▲ 186%
The result rose in 2025 from €38,290 to €109,426.
JBconstruct
Overview
Lifetime
4 annual accounts with figures on one time axispeak €171,751 (2025)
€171,751▲ 176%
peak €109,426 (2025)
€109,426▲ 186%
peak €192,966 (2025)
€192,966▲ 131%
€270,511▲ 669%
Board1 name since 2022
1 directorBoogaerts Jeffrey
Documentsfilings and deeds
11-07-202620 days before the deadline
2025micro format
Gross margin from €62,125 to €171,751Result from €38,290 to €109,426Equity from €83,540 to €192,966Debts from €35,166 to €270,511Investments €48,442Cash from €82,471 to €256,688
Key points
from the 2025 annual accountsTurnover
≈ €570,000 estimated
The micro format states no turnover.
Debts
€270,511 ▲ 669%
Debts rose by €235,345 in 2025.
Investments
€48,111 4.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 399.8% higher than in 2024.
Filings
4 annual accounts 2 late
The 2022 accounts came latest: 29 days after the end of the period.
Position in the sector
€109,426
Higher net result than 95% of companies in specialised construction. Sector median €10,197 · 35,048 companies.
Checked score
92
Excellent
Financially stronger than 75% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,695 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.2 percentage points vs 03-2025
05-2025: 1.4%▲ +0.3 percentage points vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025highest value
08-2025: 0.4%▼ -1.0 percentage point vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.3%▼ -0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.2%▼ -0.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.10, cash €256,688
Size: total assets €463,476
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 45% of them on solvency, 78% on liquidity, 84% on profitability and 93% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,127 companies had the same profile as JBconstruct has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of JBconstruct itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 JBconstruct. 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.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.1 (3.57 in 2024), above the usual 1.5. Short-term debt is 41.5% and cash 55.4% of total assets. However, 58.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 11-07-2026, 20 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
20 days early
2024
15 days early
2023
1 day late
2022
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 1 day 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0782492664
Registered office moved from Leuven to Lubbeek
New registered office: Tiensesteenweg 48, 3211 Lubbeek · Previous registered office: Molenstraat 22, 3010 Leuven · Permanent representative: Iris Carsau · General meeting of 13-05-2024 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: BOOGAERTS Jeffrey · Appointment: BOOGAERTS Jeffrey (director) · published on 24-02-2022 · Gazette deed
First establishment
Tiensesteenweg 48, Lubbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JBconstruct Lubbeek | - | - | 41.6% | - |
| TEOS CONSTRUCT Wemmel | - | - | 80.5% | - |
| LI CONSTRUCTS Andenne | €1.4m | 8.0% | 9.2% | - |
| NC-Group Ledegem | - | - | 34.6% | - |
| ML BUILDING Machelen (Brab.) | - | - | 45.8% | 1 |
| RS TEAM Wemmel | - | - | 58.3% | - |
| RIZZA WORKS Bertem | €1.0m | 13.7% | 38.2% | - |
These companies have the same main activity as JBconstruct: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €308,000 and €431,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 22-02-2022Normal situation
- Activity
- Other building finishing workNACE 43350and 4 others
- Establishment unit
- 2.330.089.7553211 Lubbeek, since 22-02-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2024
Annual accounts 2025
- €171,751▲ 176%
- €109,426▲ 186%
- €192,966▲ 131%
- €463,476▲ 290%
- Filing
- Filed on 11-07-2026, 20 days before the end of the filing period
Insights on JBconstruct
JBconstruct files the micro format. That format states no turnover. The gross margin rose from €29,975 in 2022 to €171,751 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 11-07-2026, 20 days before the deadline€171,751
▲ 176%
€158,568
▲ 169%
€109,426
▲ 186%
€212,315
▲ 204%
41.6%
▼ 28.7 percentage points
2.10
▼ 1.47
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €570,000. Estimated: probably between €400,000 and €850,000.
Balance sheet
balance sheet total €463,476 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
41.6%
Higher than 44% of 35,060 companies in 2025.
2.10
Higher than 57% of 34,437 companies in 2025.
23.6%
Higher than 81% of 34,637 companies in 2025.
JBconstruct
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
463,476 | 118,705 | 90,442 | 50,921 | |
20 |
224 | 421 | 617 | 814 | |
21/28 |
58,796 | 21,383 | 16,058 | 19,630 | |
22/27 |
58,661 | 21,383 | 16,058 | 19,630 | |
23 |
13,377 | 2,676 | 1,017 | - | |
24 |
37,555 | 9,492 | 15,041 | 19,630 | |
25 |
7,729 | 9,215 | - | - | |
28 |
135 | - | - | - | |
29/58 |
404,455 | 96,901 | 73,767 | 30,477 | |
40/41 |
144,778 | 11,522 | 33,170 | 18,158 | |
40 |
144,448 | 11,192 | 22,481 | 18,072 | |
41 |
330 | 330 | 10,688 | 85 | |
54/58 |
256,688 | 82,471 | 40,446 | 11,439 | |
490/1 |
2,990 | 2,908 | 151 | 880 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
463,476 | 118,705 | 90,442 | 50,921 | |
10/15 |
192,966 | 83,540 | 45,249 | 23,621 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
187,966 | 78,540 | 40,249 | 18,621 | |
133 |
187,966 | 78,540 | 40,249 | 18,621 | |
14 |
- | 0 | 0 | - | |
17/49 |
270,511 | 35,166 | 45,193 | 27,300 | |
17 |
6,703 | 8,058 | 6,397 | 11,412 | |
170/4 |
6,703 | 8,058 | 6,397 | 11,412 | |
42/48 |
192,141 | 27,108 | 38,796 | 15,888 | |
42 |
1,355 | 1,300 | 5,015 | 4,926 | |
44 |
118,276 | 1,554 | 4,380 | 1,950 | |
440/4 |
118,276 | 1,554 | 4,380 | 1,950 | |
45 |
64,630 | 18,158 | 14,401 | 7,008 | |
450/3 |
62,199 | 15,651 | 11,901 | 7,008 | |
454/9 |
2,431 | 2,507 | 2,500 | - | |
47/48 |
7,881 | 6,096 | 15,000 | 2,004 | |
492/3 |
71,667 | - | - | - | |
| Income statement | |||||
9900 |
171,751 | 62,125 | 54,369 | 29,975 | |
62 |
- | 0 | 76 | - | |
630 |
11,029 | 2,293 | 4,979 | 3,483 | |
640/8 |
2,154 | 703 | 352 | 168 | |
66A |
0 | 79 | - | - | |
9901 |
158,568 | 59,049 | 48,962 | 26,324 | |
75/76B |
581 | 203 | 88 | 2 | |
75 |
581 | 203 | 88 | 2 | |
65/66B |
1,661 | 916 | 520 | 697 | |
65 |
1,661 | 916 | 520 | 697 | |
9903 |
157,487 | 58,336 | 48,529 | 25,629 | |
67/77 |
48,061 | 20,045 | 11,901 | 7,008 | |
9904 |
109,426 | 38,290 | 36,629 | 18,621 | |
9905 |
109,426 | 38,290 | 36,629 | 18,621 | |
| Appropriation of the result | |||||
9906 |
109,426 | 38,290 | 36,629 | 18,621 | |
691/2 |
109,426 | 38,290 | 21,629 | 18,621 | |
6920 |
- | - | - | 18,621 | |
6921 |
109,426 | 38,290 | 21,629 | - | |
694/7 |
- | 0 | 15,000 | - | |
694 |
- | 0 | 15,000 | - | |
| Document | |||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2024, 1 entry, €1,170 awarded, €1,170 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 169,597 | 61,342 | 53,941 | 29,807 | ||
| 120,455 | 40,584 | 41,608 | 22,103 | ||
| 48,111 | 21,001 | 1,211 | 22,944 | ||
| 174,217 | 42,025 | 29,007 | - | ||
| 212,315 | 69,793 | 34,971 | 14,589 | ||
| 41.6% | 70.4% | 50.0% | 46.4% | ||
| 2.10 | 3.57 | 1.90 | 1.92 | ||
| 1.40 | 0.42 | 1.00 | 1.16 | ||
| 56.7% | 45.8% | 80.9% | 78.8% | ||
| 23.6% | 32.3% | 40.5% | 36.6% | ||
| over 100 | 66.96 | over 100 | 42.73 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €48,111 | €21,001 | €1,211 | €22,944 |
| Financial fixed assets | €0 | - | - | - |
| €11,029 | €2,293 | €4,979 | €3,483 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on JBconstruct
The operating result for 2025 is 169% higher than in 2024 and the highest since 2022. It is the third rise in a row.
Debt's share of the balance-sheet total rises from 29.6% to 58.4%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 22-02-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 11-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 24-02-2022
Mandates through the years
1 name, the dashed line is todayBoogaerts Jeffrey
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Boogaerts Jeffrey
- Director (not named in the articles), from 22-02-2022 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €1,930 in 2025
- Source
- deed of 24-02-2022
Articles of association
deed of 24-02-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 24-02-2022 ↗
- BOOGAERTS Jeffrey 100 shares (100%)
Network & group
No group
JBconstruct has no parent and no holdings in its annual accounts. Boogaerts Jeffrey is the only director.
Earlier ties
| Steunvereniging De Toekan via Boogaerts Jeffrey, no longer at Steunvereniging De Toekan · Director · deed of 08-07-2025 |
founded in 2007 |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
10 events since 2022Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 20 days before the deadline
2025
Highest result from 2022 to 2025 net €109,426 ▲186% The operating result of €158,568 and the net result of €109,426 are both a record.
Equity above €150,000 equity €192,966 ▲131% With a profit in every financial year since 2022, equity grows to €192,966.
Annual accounts 2024 filed PDFmicro format · 15 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:0782492664
Annual accounts 2023 filed PDFmicro format · 1 day late
Registered office moved from Leuven to LubbeekNew registered office: Tiensesteenweg 48, 3211 Lubbeek · Previous registered office: Molenstraat 22, 3010 Leuven · Permanent representative: Iris Carsau · General meeting of 13-05-20243 points ▸
- General meeting, 13-05-2024
- Registered-office move, Tiensesteenweg 48, 3211 Lubbeek
- Permanent representative, Iris Carsau
2023
Annual accounts 2022 filed PDFmicro format · 29 days late
2022
IncorporationFounding capital of €5,000, 100 shares · Founder: BOOGAERTS Jeffrey · Appointment: BOOGAERTS Jeffrey (director) · published on 24-02-20223 points ▸
- Founder, BOOGAERTS Jeffrey
- Founding capital, €5,000, 100 shares
- Director appointment, BOOGAERTS Jeffrey (director (not named in the articles))
- The deed holds 3 more points.
First establishment Tiensesteenweg 48, Lubbeek
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 22 February 2022, JBconstruct was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2024 the registered office moved to Lubbeek.3 Boogaerts Jeffrey has served as director since 2022.4 Total assets went from €50,921 in 2022 to €463,476 in 2025.5
Company details
Identity
- Enterprise number
- 0782.492.664
- VAT number
- BE 0782.492.664
- Peppol ID
- 0208:0782492664
- Other Peppol ID
- 9925:BE0782492664
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 22-02-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:00deed of 24-02-2022 (in Dutch)
- Peppol
- Reachable since 30-12-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- JBconstruct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 24-02-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Molenstraat 22, 3010 Leuven (Kessel-Lo)”deed of 24-02-2022 (in Dutch)
Activities
NACEBEL 202543350
Other building finishing work main activity
02400
Forestry and logging
43410
Roofing work
Codes under NACEBEL 2008
43390
Specialised construction activities main activity
02400
Forestry and logging
43910
Specialised construction activities
81210
General cleaning of buildings
81300
Landscape service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitvoeren van werkzaamheden in verband met de afwerking van gebouwen; Reiniging van gebouwen; industriële reiniging…”deed of 24-02-2022 (in Dutch)
19 activities
- Het uitvoeren van werkzaamheden in verband met de afwerking van gebouwen
- Reiniging van gebouwen; industriële reiniging
- Landschapsverzorging
- Algemene tuinaanleg en tuinwerken in de meest ruime zin
- Klusjesdienst
- Het uitvoeren van loonwerken voor derden
- Activiteiten van bosbouw zoals beheren, onderhouden, aanplanten en rooien van bossen
- Het uitvoeren van grondwerken
- Het aannemen van zink- en dakwerken, het uitvoeren van alle metalen en niet-metalen dakconstructies, loden zinkwerken, sanitaire installaties, regenafvoerbuizen en dakgoten, waterdicht maken van daken en dakterrassen
- Het bouwen en afbreken van stellingen
- Plaatsen van dakbedekking van ongeacht welk materiaal, bouwen van daken, plaatsen van dakgoten, slopen van gebouwen en andere bouwwerken
- Het bouwrijp maken van terreinen
- Isolatiewerkzaamheden, gevel- en dakreiniging, landschapsverzorging, en bouwinstallaties in het algemeen
- Algemene bouwwerkzaamheden
- Coaching, training, opleiding en begeleiding van werknemers, bedrijfsleiders, bedrijven, verenigingen en organisaties
- Bestuur, beheer en (her)structurering van ondernemingen en vennootschappen
- Het uitsluitend voor eigen rekening beheren van alle soorten rechten, beleggingen en financiële instrumenten, zoals onder meer, zonder dat deze opsomming beperkend is, auteursrechten en andere roerende rechten, kunstvoorwerpen, kasbonnen, aandelen, obligaties, opties, en andere
- Projectontwikkeling en beheer inzake onroerend goed en het kopen en verkopen, huren en verhuren, bouwen en verbouwen van onroerende goederen
- Het verwerven door koop, huur of anderszins van onroerende en roerende goederen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Tiensesteenweg 48 registered office 3211 Lubbeek | 22-02-2022 | 2.330.089.755 |
1 former office
- Molenstraat 22, 3010 Leuven until 01-03-2024 · deed of 10-07-2024
Buildings and parcels at the address
- Ground area
- 974 m²
- Buildings
- 255 m²
- Volume, LiDAR
- 1,269 m³
- Tallest building
- 8.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24012B0020/00P002 | 974 m² | 1 · 255 m² | 8.1 m · 2 |
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 0782.492.664