JCO Technics
ActiveSummary
JCO Technics has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,880 and a net result of €40,698. Equity has been growing by about 64% per year since 2023. Its solvency ranks better than 95% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-06-2023 Normal situation
- Activity
- General electrical installation work NACE 43211and 11 others
- Establishment unit
- 2.347.446.718 1180 Ukkel, since 15-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-04-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €61,392
- ▲ 3.8%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €40,698
- ▼ 0.2%
- Equity
- €103,880
- ▲ 64.4%
- Total assets
- €106,336
- ▲ 42.8%
Score breakdownraises riskFounded in 2023lowers riskLiquidity: current ratio 41.26, cash €97,811Equity €103,880 (97.7% of total assets)Figures for financial year 2025 (filed on 27-07-2026)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 92% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 97.7% of total assets
Liquidity
100+3
short-term debt 2.3% · cash 92.0%
Profitability
100=
return on assets 38.3%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025highest value
08-2025: 0.2%▼ -0.3 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 41.26 (5.85 in 2024), above the usual 1.5. Short-term debt is 2.3% and cash 92% of total assets. 2.3% of the assets are financed with debt and provisions.
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 90% of them on solvency, 98% on liquidity, 92% on profitability and 86% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
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 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 days early
2024
30 days early
2023
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 13 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)
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 27 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 27-07-2026 at the NBB all 3 filings
Turnover
≈ €240,000
Estimated: probably between €150,000 and €380,000
Total assets
€106,336▲ 42.8%
2024 · €74,487
Net result
€40,698▼ 0.2%
2024 · €40,783
Working capital
€98,876▲ 80.4%
2024 · €54,802
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€55,672
▲ 1.7%
2025
20232025
Net result
€40,698
▼ 0.2%
2025
highest quarter of the sector
20232025
Equity
€103,880
▲ 64.4%
2025
middle half of the sector
20232025
Total assets
€106,336
▲ 42.8%
2025
middle half of the sector
20232025
Debt
€2,456
▼ 78.3%
2025
20232025
Working capital
€98,876
▲ 80.4%
2025
highest quarter of the sector
20232025
Solvency
97.7%
▲ 12.9pp
2025
highest quarter of the sector
20232025
Current ratio
41.26
▲ 35.41
2025
highest quarter of the sector
20232025
Return on assets (ROA)
38.3%
▼ 16.5pp
2025
highest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€24,234-€54,766▲ 126%€55,672▲ 1.7%
Net result€19,399within the sector's middle half-€40,783above the sector's middle half▲ 110%€40,698above the sector's middle half▼ 0.2%
Equity€22,399within the sector's middle half-€63,182within the sector's middle half▲ 182%€103,880within the sector's middle half▲ 64.4%
Total assets€36,783below the sector's middle half-€74,487within the sector's middle half▲ 103%€106,336within the sector's middle half▲ 42.8%
Debt€14,384-€11,305▼ 21.4%€2,456▼ 78.3%
Working capital€12,719within the sector's middle half-€54,802within the sector's middle half▲ 331%€98,876above the sector's middle half▲ 80.4%
Solvency60.9%within the sector's middle half-84.8%above the sector's middle half▲ 23.9pp97.7%above the sector's middle half▲ 12.9pp
Current ratio1.88within the sector's middle half-5.85above the sector's middle half▲ 3.9641.26above the sector's middle half▲ 35.41
Return on assets (ROA)52.7%above the sector's middle half-54.8%above the sector's middle half▲ 2.0pp38.3%above the sector's middle half▼ 16.5pp
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 2% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106,336
Fixed assets
€5,004 ▼ 40.3%
Current assets
€101,332 ▲ 53.3%
Equity and liabilities €106,336
Equity
€103,880 ▲ 64.4%
Debt
€2,456 ▼ 78.3%
Debt's share of the balance-sheet total falls from 15.2% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59,048▲
2024 · €57,970
Cash flow
€44,074▲
2024 · €43,987
Debt to equity
0.02▼
2024 · 0.18
ROE
39.2%▼
2024 · 64.5%
Interest coverage
19.85▼
2024 · 26.00
Debt ≤ 1 year
€2,456▼
2024 · €11,305
Income taxes
€12,000▲
2024 · €11,753
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €10,602 | €1,904 | - |
| Depreciation and write-downs of the year | €923 | €3,204 | €3,376 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €923 | €3,204 | €3,376 | ▲ 5.4% |
| Other operating charges640/8 | €463 | €1,156 | €2,345 | ▲ 103% |
| Gross operating margin9900 | €25,619 | €59,126 | €61,392 | ▲ 3.8% |
| Operating profit (loss)9901 | €24,234 | €54,766 | €55,672 | ▲ 1.7% |
| Financial charges65/66B | €50 | €2,230 | €2,974 | ▲ 33.4% |
| Recurring financial charges65 | €50 | €2,230 | €2,974 | ▲ 33.4% |
| Profit (loss) for the period before taxes9903 | €24,183 | €52,537 | €52,698 | ▲ 0.3% |
| Income taxes67/77 | €4,785 | €11,753 | €12,000 | ▲ 2.1% |
| Profit (loss) for the period9904 | €19,399 | €40,783 | €40,698 | ▼ 0.2% |
| Profit (loss) for the period to be appropriated9905 | €19,399 | €40,783 | €40,698 | ▼ 0.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €36,783 | €74,487 | €106,336 | ▲ 42.8% |
| Fixed assets21/28 | €9,680 | €8,380 | €5,004 | ▼ 40.3% |
| Tangible fixed assets22/27 | €9,680 | €8,380 | €5,004 | ▼ 40.3% |
| Furniture and vehicles24 | €9,680 | €8,380 | €5,004 | ▼ 40.3% |
| Current assets29/58 | €27,103 | €66,107 | €101,332 | ▲ 53.3% |
| Amounts receivable within one year40/41 | €1,250 | - | - | - |
| Trade receivables40 | €1,250 | - | - | - |
| Cash at bank and in hand54/58 | €24,691 | €64,933 | €97,811 | ▲ 50.6% |
| Deferred charges and accrued income490/1 | €1,162 | €1,174 | €3,521 | ▲ 200% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €36,783 | €74,487 | €106,336 | ▲ 42.8% |
| Equity10/15 | €22,399 | €63,182 | €103,880 | ▲ 64.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €19,399 | €60,182 | €100,880 | ▲ 67.6% |
| Amounts payable17/49 | €14,384 | €11,305 | €2,456 | ▼ 78.3% |
| Amounts payable within one year42/48 | €14,384 | €11,305 | €2,456 | ▼ 78.3% |
| Trade debts44 | €2,554 | €453 | €540 | ▲ 19.3% |
| Suppliers440/4 | €2,554 | €453 | €540 | ▲ 19.3% |
| Taxes, remuneration and social security45 | €11,559 | €10,363 | €1,916 | ▼ 81.5% |
| Taxes450/3 | €9,459 | €8,772 | €1,916 | ▼ 78.2% |
| Remuneration and social security454/9 | €2,100 | €1,591 | €0 | ▼ 100% |
| Other amounts payable47/48 | €271 | €490 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,399 | €40,783 | €40,698 | ▼ 0.2% |
| + Depreciation and write-downs630 | €923 | €3,204 | €3,376 | ▲ 5.4% |
| Operating cash flow (approximation) | €20,321 | €43,987 | €44,074 | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | -€1,904 | €0 | - |
| Change in cash | - | €40,242 | €32,878 | ▼ 18.3% |
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, 39,278 companies had the same profile as JCO Technics has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JCO Technics itself is lower: 0.1% within 12 months. It rests on far more data about JCO Technics than the profile alone.
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 39,278 companies, not a prediction for JCO Technics. 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
Directors
1 director, no change since 2023
THEUNISSEN Thibaut Charles Léon
Current
Director · appointed in the act of 19-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 27-07-2026
Owners and capital
Shareholders
At incorporation
act of 19-06-2023 ↗
- THEUNISSEN Thibaut Charles Léon 100 shares (100%) · in cash
Capital transactions
Capital over time
- 19-06-2023 Incorporation · €3,000 · 100 shares
Network & group
JCO Technics shares no director with another company.
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of JCO Technics. Every other company they run is a node.
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
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
27-07
micro format · 4 days before the deadline
2025
31-12
Financial
Liquidity more than 7 timescurrent ratio 41.26
The current ratio rises from 5.85 to 41.26. Short-term debt falls from €11,305 to €2,456.
31-12
Financial
Equity above €100,000equity €103,880 ▲64.4%
With a profit in every financial year since 2023, equity grows to €103,880.
01-07
micro format · 30 days before the deadline
2024
31-12
Financial
Highest result from 2023 to 2025net €40,783 ▲110%
The net result of €40,783 is the highest of those years.
31-12
Financial
Liquidity more than triplescurrent ratio 5.85
The current ratio rises from 1.88 to 5.85. Short-term debt falls from €14,384 to €11,305.
26-07
micro format · 5 days before the deadline
2023
19-06
Gazette deed
IncorporationStarting capital €3,000 · Appointment: THEUNISSEN Thibaut Charles Léon (director) · Share issue7 points ▸
Gazette deed
Incorporation
Starting capital €3,000 · Appointment: THEUNISSEN Thibaut Charles Léon (director) · Share issue7 points ▸
- Incorporation, 15-06-2023
- Founding capital, €3,000
- Share issue, “intégralement libéré, intégralement et inconditionnellement” (deed in French)
- Other provision, “prise d’effet des décisions, à terme” (deed in French)
- Director appointment, THEUNISSEN Thibaut Charles Léon (director)
- Other provision, “dépôt avant enregistrement” (deed in French)
- Founder, THEUNISSEN Thibaut Charles Léon
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
JCO Technics in French
Enterprise number
0802.767.644
Legal form
Private limited company
Status
Active, normale toestand
Founded
15-06-2023
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
JCO Technics
deed of 19-06-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, créés,en Belgique ou à l’étranger,par décision de l’organe d’administration”
deed of 19-06-2023 (in French)Registered office and establishments
Registered office
Victor Allardstraat 191, 1180 Ukkel, Belgium
Establishment unit
JCO Technics, Victor Allardstraat 191, 1180 Ukkel since 15-06-2023 · unit number 2.347.446.718
Activities
NACEBEL 202543211
General electrical installation work main activity
41001
General construction of residential buildings
41002
General construction of office buildings
41003
General construction of other non-residential buildings
42219
Civil engineering
42220
Construction of utility projects for electricity and telecommunications
43110
Demolition
43221
Plumbing work
43222
Installation of electric heating, air conditioning, cooling and ventilation
43320
Joinery installation
68121
Development of residential building projects
71121
Engineering and related technical consultancy, excluding land surveyors
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
41101
Real estate development
41201
General construction of buildings
41202
Construction of residential and non-residential buildings
43110
Demolition
43221
Plumbing
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 19-06-2023 (in French)
“Toutes opérations d'entreprise en bâtiment et toutes opérations techniques quelconques se rapportant à la construction,la rénovation et…”
17 activities
- Toutes opérations d'entreprise en bâtiment et toutes opérations techniques quelconques se rapportant à la construction,la rénovation et l’achèvement en matière immobilière : la transformation,l'aménagement de tout immeuble et notamment les travaux d'entreprise de menuiserie,de tapisserie,de pose de revêtements de murs et de sols,de cimenterie,de plafonnage,de peinture,de maçonnerie et béton,de taillerie de pierres et marbrerie,de vitrage,zinguerie,charpente,couvertures métalliques et non métalliques,et travaux de démolition,de même que l'installation de chauffage central,de chauffage au gaz par appareils individuels,de tout matériel électrique,de sanitaire et de plomberie.
- Tous les travaux de génie civil dans le sens le plus large.
- Tous travaux d'aménagement de plaines de jeux,de sport,de parcs,y compris les plantations et la pose de câbles et de canalisations diverses.
- L’installation des échafaudages et de nettoyage de façades,les entreprises d'isolation thermique et acoustique,des travaux d'assèchement de constructions autrement que par l'asphalte ; la construction de pavillons démontables et de baraquements non métalliques,le placement de clôtures,la pose de parquets,de cloisons et de faux-plafonds en bois,le placement de volets,de matériel P.V.C.,la menuiserie.
- Placement d'installations de ventilation et d'aération,de chauffage à air chaud,de conditionnement d'air et de tuyauterie industrielle.
- Le service d’étude dans le domaine de l’électricité,en ce compris la conception,l’étude de projets,l’établissement de plans et de cahiers de spécifications techniques etc… ;
- Le service d’installation dans le domaine de l’électricité,en ce compris la haute-tension,les tableaux électriques,les appareils d’éclairage,les installations de courant faible etc…
- L’achat,la vente,l’importation,l’exportation,la représentation,l’agence,le courtage,la commission de tous produits,articles,équipements,appareils et accessoires du domaine de l’électricité.
- La location et la mise en valeur de tous matériels et outils de construction,dans le sens le plus large,destinés aux professionnels ou aux particuliers.
- Le commerce sous toutes ses formes et notamment l'importation,l'exportation,l'achat et la vente en gros ou au détail,la représentation et le courtage,ainsi que la fabrication,la transformation et le transport de toutes marchandises et de tous produits,et notamment de tous matériaux de constructions,l’obtention de licences y afférentes,ainsi que la représentation,exclusive ou non.
- Toutes opérations industrielles et commerciales dans le domaine des énergies et des énergies renouvelables,se rapportant aux activités d'ingénierie,de bureau d’étude,d'études techniques ainsi que de conseil,de formation et d’information pour des particuliers et des professionnels. Toutes activités d'études thermiques,d’études d'infiltrométrie,d'études et de diagnostics immobiliers,et notamment les qualités environnementales,les audits énergétiques des bâtiments,toutes études pour l’efficacité énergétique et les économies d’énergie.
- Toutes activités d'entreprise générale de construction comprenant la coordination des travaux et les expertises,les travaux réglementés étant exécutés par des sous-traitants ayant les capacités requises
- Toute activité d’architecture d’intérieurs en ce compris tout conseil relatif à l’ameublement,l’équipement,l’aménagement et décoration des immeubles tant d’habitation que professionnels en ce compris la création de concept architecturaux.
- Tout conseil,création et conception dans le domaine de l’ameublement et de l’équipement et plus particulièrement dans le secteur appelé « design » mais pas exclusivement.
- Le service d’étude dans le domaine des techniques spéciales du bâtiment (électricité,HVAC,sprinklage,installations sanitaires,détection incendie,désenfumages,etc… ) en ce compris la conception,l’étude de projets,l’établissement de plans et de cahiers de spécifications techniques ainsi que leur suivi en chantier jusqu’à réception définitive.
- La conception,la création,l’achat,la vente,la production,la représentation,la commercialisation de tout objet,articles,produits et meubles notamment relatifs à l’équipement de la maison mais pas exclusivement.
- Toute activité dans le domaine de la création,de l’image et de la représentation graphique et de logo.
Invoicing and payment
VAT number
BE 0802.767.644
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 0802.767.644
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 19-06-2023 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
298 m²
Building footprint
124 m²
Building volume
777 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21616A0195/00W004 | Brussels | 298 m² | 1 · 123 m² | 11.4 m · 2 |