JBEG
ActiveSummary
The computed 12-month bankruptcy probability of JBEG is 2.2% (moderate). The 2024 annual accounts show equity of €14k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 36375 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-6
Solvency42▲+5
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.88 in 2023; short-term debt: 82.8% and cash: 12.2% of total assets), and 82.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.2%
Return on assets
4.7%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 19%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
69 d late
2022
63 d late
2021
72 d late
2020
82 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Equity
€14k▲ 37.4%
2023 · €10k
Total assets
€83k▼ 6.2%
2023 · €89k
Net result
€4k▼ 55.1%
2023 · €9k
Working capital
€3k
2023 · €-9k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-17k▼ 574%€12k€-147€9k€5k▼ 38.7%
Net result€-16k▼ 285%€11k€-509€9k€4k▼ 55.1%
Equity€-9k€2k€2k▼ 22.5%€10k▲ 498%€14k▲ 37.4%
Total assets€64k▼ 1.4%€80k▲ 24.7%€73k▼ 8.9%€89k▲ 22.2%€83k▼ 6.2%
Debt€73k▲ 26.3%€78k▲ 6.0%€71k▼ 8.5%€78k▲ 10.5%€69k▼ 12.0%
Working capital€-17k€-11k▲ 34.9%€-9k▲ 16.7%€-9k▲ 2.8%€3k
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 2024; 2024 is 39% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €83k
Fixed assets
€12k ▼ 40.3%
Current assets
€72k ▲ 3.4%
Equity and liabilities €83k
Equity
€14k ▲ 37.4%
Debt
€69k ▼ 12.0%
Debt's share of the balance-sheet total falls from 88.2% to 82.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▲
2023 · €13k
Cash flow
€12k▼
2023 · €13k
Current ratio
1.04▲
2023 · 0.88
Debt to equity
4.80▼
2023 · 7.49
ROE
27.2%▼
2023 · 83.3%
ROA
4.7%▼
2023 · 9.8%
Interest coverage
145.03▲
2023 · 60.65
Debt ≤ 1 year
€69k▼
2023 · €78k
Income taxes
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €4k | €4k | €4k | €8k | ▲ 94.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3k | - | - | - | - |
| Other operating charges640/8 | - | €1k | €1k | €2k | €132 | ▼ 92.9% |
| Gross operating margin9900 | €-5k | €21k | €5k | €15k | €13k | ▼ 9.1% |
| Operating profit (loss)9901 | €-17k | €12k | €-147 | €9k | €5k | ▼ 38.7% |
| Recurring financial income75 | €2k | - | - | - | - | - |
| Financial charges65/66B | - | €507 | €362 | €214 | €92 | ▼ 57.0% |
| Recurring financial charges65 | €1k | €507 | €362 | €214 | €92 | ▼ 57.0% |
| Profit (loss) for the period before taxes9903 | €-16k | €11k | €-509 | €9k | €5k | ▼ 38.3% |
| Income taxes67/77 | - | - | - | - | €1k | - |
| Profit (loss) for the period9904 | €-16k | €11k | €-509 | €9k | €4k | ▼ 55.1% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €11k | €-509 | €9k | €4k | ▼ 55.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64k | €80k | €73k | €89k | €83k | ▼ 6.2% |
| Fixed assets21/28 | €19k | €15k | €11k | €20k | €12k | ▼ 40.3% |
| Tangible fixed assets22/27 | €17k | €13k | €9k | €18k | €10k | ▼ 44.9% |
| Furniture and vehicles24 | - | €13k | €9k | €18k | €10k | ▼ 44.9% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €45k | €65k | €62k | €69k | €72k | ▲ 3.4% |
| Amounts receivable within one year40/41 | €35k | €38k | €53k | €65k | €61k | ▼ 5.5% |
| Trade receivables40 | - | €38k | €53k | €65k | €58k | ▼ 11.2% |
| Other amounts receivable41 | - | - | - | - | €4k | - |
| Cash at bank and in hand54/58 | €10k | €27k | €8k | €4k | €10k | ▲ 142% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64k | €80k | €73k | €89k | €83k | ▼ 6.2% |
| Equity10/15 | €-9k | €2k | €2k | €10k | €14k | ▲ 37.4% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-17k | €-6k | €-6k | €2k | €6k | ▲ 163% |
| Amounts payable17/49 | €73k | €78k | €71k | €78k | €69k | ▼ 12.0% |
| Amounts payable after more than one year17 | €11k | €1k | - | - | - | - |
| Financial debts170/4 | - | €1k | - | - | - | - |
| Amounts payable within one year42/48 | €62k | €76k | €71k | €78k | €69k | ▼ 12.0% |
| Current portion of amounts payable after more than one year42 | - | €7k | €1k | - | - | - |
| Trade debts44 | €6k | €24k | €46k | €52k | €43k | ▼ 17.2% |
| Suppliers440/4 | - | €24k | €46k | €52k | €43k | ▼ 17.2% |
| Taxes, remuneration and social security45 | - | €2k | €4k | €1k | €999 | ▼ 17.9% |
| Taxes450/3 | - | €2k | €4k | €1k | €999 | ▼ 17.9% |
| Other amounts payable47/48 | - | €44k | €20k | €25k | €25k | ▼ 1.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €11k | €-509 | €9k | €4k | ▼ 55.1% |
| + Depreciation and write-downs630 | €11k | €4k | €4k | €4k | €8k | ▲ 94.0% |
| Operating cash flow (approximation) | €-6k | €15k | €3k | €13k | €12k | ▼ 7.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-12k | €0 | ▲ 100% |
| Change in cash | - | €17k | €-19k | €-4k | €6k | ▲ 242% |
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
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Brussel · 1 establishment unit since 2015
Ground area
241 m²
Building footprint
150 m²
Volume, LiDAR
865 m³
Parcel 21819C0163/00C003, Brussels · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
JBEG
since 20152.248.149.105
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0163/00C003 | Brussels | 240 m² | 1 · 150 m² | 10.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RENOV R&L
BE 0780.672.727
Halle · Eq €14,351
Simone Construct Toiture
BE 1012.011.985
Rixensart · Eq €14,336
MANIREX
BE 0682.786.562
Schaarbeek · Eq €14,335
WYMAN VASTGOED
BE 0443.330.382
Genk · Eq €14,392
FEBOR ELECTRICIENS
BE 0697.667.748
Menen · Eq €14,393
Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 4,721 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
Founded27-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.