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JCS PROJECTS

Active
Private limited companyfounded 200718 yrs activeLange Blok 1, 2431 Laakdal, BelgiumKBO/BCE: BE 0893.942.003
Summary

JCS PROJECTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €377,667 and a net result of €4,421. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 36380 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▼-5
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 36.79 against 79.84 in 2023; short-term debt: 2.4% and cash: 78.6% of total assets), and 2.4% of the assets are financed with debt.
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Signals

Four 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
97.6%
Return on assets
1.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
34 d early
2022
31 d early
2021
31 d early
2020
29 d early
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 30 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 December 2007, JCS PROJECTS was incorporated.1 Total assets went from EUR 420,562 in 2018 to EUR 386,790 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€377,667▲ 1.2%
2023 · €373,246
Total assets
€386,790▲ 2.4%
2023 · €377,825
Net result
€4,421▼ 78.0%
2023 · €20,124
Working capital
€326,508▼ 9.5%
2023 · €360,961
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€2,473▼ 95.5%€31,372▲ 1,169%€39,802▲ 26.9%€28,561▼ 28.2%€5,346▼ 81.3%
Net result€1,575▼ 96.0%€22,679▲ 1,340%€28,183▲ 24.3%€20,124▼ 28.6%€4,421▼ 78.0%
Equity€423,524▲ 0.4%€324,940▼ 23.3%€353,123▲ 8.7%€373,246▲ 5.7%€377,667▲ 1.2%
Total assets€432,791▼ 1.2%€339,241▼ 21.6%€369,525▲ 8.9%€377,825▲ 2.2%€386,790▲ 2.4%
Debt€9,268▼ 41.7%€14,301▲ 54.3%€16,403▲ 14.7%€4,578▼ 72.1%€9,123▲ 99.3%
Working capital€423,524▲ 0.4%€322,198▼ 23.9%€357,196▲ 10.9%€360,961▲ 1.1%€326,508▼ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2020: €2,473€2,473Net result 2020: €1,575€1,575Operating result 2021: €31,372€31,372Net result 2021: €22,679€22,679Operating result 2022: €39,802€39,802Net result 2022: €28,183€28,183Operating result 2023: €28,561€28,561Net result 2023: €20,124€20,124Operating result 2024: €5,346€5,346Net result 2024: €4,421€4,42120202021202220232024€0€10,000€20,000€30,000€40,000Operating result 2022: €39,802€39,800Net result 2022: €28,183€28,200Operating result 2023: €28,561€28,600Net result 2023: €20,124€20,100Operating result 2024: €5,346€5,350Net result 2024: €4,421€4,420202220232024
The operating result has fallen two years in a row; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €386,790
Fixed assets €51,159 ▲ 316%
Current assets €335,631 ▼ 8.2%
Equity and liabilities €386,790
Equity €377,667 ▲ 1.2%
Debt €9,123 ▲ 99.3%
Debt's share of the balance-sheet total rises from 1.2% to 2.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€25,022▼
2023 · €31,187
Cash flow
€24,097▲
2023 · €22,749
Current ratio
36.79▼
2023 · 79.84
Debt to equity
0.02▲
2023 · 0.01
ROE
1.2%▼
2023 · 5.4%
ROA
1.1%▼
2023 · 5.3%
Interest coverage
161.40▲
2023 · 51.66
Debt ≤ 1 year
€9,123▲
2023 · €4,578
Income taxes
€783▼
2023 · €7,834
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% 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 bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 10,891 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€377,825€386,790▲
Fixed assets21/28€12,286€51,159▲
Tangible fixed assets22/27€12,286€51,159▲
Furniture and vehicles24€12,286€51,159▲
Current assets29/58€365,539€335,631▼
Amounts receivable within one year40/41€14,219€16,427▲
Trade receivables40€10,460€11,991▲
Other amounts receivable41€3,759€4,436▲
Current investments50/53€10,000€10,000=
Cash at bank and in hand54/58€338,114€304,168▼
Deferred charges and accrued income490/1€3,206€5,036▲
Equity and liabilities
Total equity and liabilities10/49€377,825€386,790▲
Equity10/15€373,246€377,667▲
Contributions10/11€97,000€97,000=
Reserves13€274,013€278,434▲
Distributable reserves133€274,013€278,434▲
Profit (loss) carried forward14€2,234€2,234=
Amounts payable17/49€4,578€9,123▲
Amounts payable within one year42/48€4,578€9,123▲
Trade debts44€744€7,990▲
Suppliers440/4€744€7,990▲
Other amounts payable47/48€3,835€1,134▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,626€19,676▲
Other operating charges640/8€619€799▲
Gross operating margin9900€31,807€25,821▼
Operating profit (loss)9901€28,561€5,346▼
Financial income75/76B-€13
Recurring financial income75-€13
Financial charges65/66B€604€155▼
Recurring financial charges65€604€155▼
Profit (loss) for the period before taxes9903€27,958€5,204▼
Income taxes67/77€7,834€783▼
Profit (loss) for the period9904€20,124€4,421▼
Profit (loss) for the period to be appropriated9905€20,124€4,421▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,357€6,654▼
Profit (loss) brought forward from the previous period14P€2,234€2,234=
Transfer to equity691/2€20,124€4,421▼
To other reserves6921€20,124€4,421▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131€425€1,056€2,626€19,676▲ 649%
Other operating charges640/8-€628€510€619€799▲ 28.9%
Gross operating margin9900€3,059€32,425€41,368€31,807€25,821▼ 18.8%
Operating profit (loss)9901€2,473€31,372€39,802€28,561€5,346▼ 81.3%
Financial income75/76B----€13-
Recurring financial income75----€13-
Financial charges65/66B-€228€733€604€155▼ 74.3%
Recurring financial charges65€450€228€733€604€155▼ 74.3%
Profit (loss) for the period before taxes9903€2,022€31,144€39,068€27,958€5,204▼ 81.4%
Income taxes67/77€447€8,464€10,886€7,834€783▼ 90.0%
Profit (loss) for the period9904€1,575€22,679€28,183€20,124€4,421▼ 78.0%
Profit (loss) for the period to be appropriated9905€1,575€22,679€28,183€20,124€4,421▼ 78.0%
Line20202021202220232024Change
Assets
Total assets20/58€432,791€339,241€369,525€377,825€386,790▲ 2.4%
Fixed assets21/28-€2,742€1,687€12,286€51,159▲ 316%
Tangible fixed assets22/27-€2,742€1,687€12,286€51,159▲ 316%
Furniture and vehicles24-€2,742€1,687€12,286€51,159▲ 316%
Current assets29/58€432,791€336,499€367,839€365,539€335,631▼ 8.2%
Stocks and contracts in progress3-€1,800----
Stocks30/36-€1,800----
Amounts receivable within one year40/41€23,765€30,741€13,480€14,219€16,427▲ 15.5%
Trade receivables40-€15,509€13,341€10,460€11,991▲ 14.6%
Other amounts receivable41-€15,232€139€3,759€4,436▲ 18.0%
Current investments50/53€10,000€10,000€10,000€10,000€10,000=
Cash at bank and in hand54/58€397,451€292,695€342,900€338,114€304,168▼ 10.0%
Deferred charges and accrued income490/1-€1,263€1,459€3,206€5,036▲ 57.1%
Equity and liabilities
Total equity and liabilities10/49€432,791€339,241€369,525€377,825€386,790▲ 2.4%
Equity10/15€423,524€324,940€353,123€373,246€377,667▲ 1.2%
Contributions10/11-€97,000€97,000€97,000€97,000=
Reserves13€324,290€225,706€253,889€274,013€278,434▲ 1.6%
Non-distributable reserves130/1-€9,700€9,700---
Reserves not available under the articles1311-€9,700€9,700---
Distributable reserves133-€216,006€244,189€274,013€278,434▲ 1.6%
Profit (loss) carried forward14€2,234€2,234€2,234€2,234€2,234=
Amounts payable17/49€9,268€14,301€16,403€4,578€9,123▲ 99.3%
Amounts payable within one year42/48€9,268€14,301€10,643€4,578€9,123▲ 99.3%
Trade debts44€7,439€12,188€4,085€744€7,990▲ 975%
Suppliers440/4-€12,188€4,085€744€7,990▲ 975%
Taxes, remuneration and social security45-€2,113€5,082---
Taxes450/3-€219€5,082---
Remuneration and social security454/9-€1,894----
Other amounts payable47/48--€1,475€3,835€1,134▼ 70.4%
Accrued charges and deferred income492/3--€5,760---
Line20202021202220232024Change
Profit (loss) for the period9904€1,575€22,679€28,183€20,124€4,421▼ 78.0%
+ Depreciation and write-downs630€131€425€1,056€2,626€19,676▲ 649%
Operating cash flow (approximation)€1,706€23,105€29,239€22,749€24,097▲ 5.9%
Investment in fixed assets (approximation)--€0-€13,225-€58,550▼ 343%
Change in cash--€104,757€50,205-€4,786-€33,946▼ 609%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 79.84
Current ratio from 34.56 to 79.84; short-term debt falls from €10,643 to €4,578.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €1,575 ▼96%
Net result drops to €1,575, the lowest in the series; recovery starts the following year.
07-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €39,095 ▲85.9%
Operating result €54,534, net result €39,095, both a record.
31-12
Financial Liquidity doublescurrent ratio 27.54
Current ratio from 11.15 to 27.54; short-term debt falls from €37,709 to €15,892.
10-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
01-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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, Laakdal · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
975 m²
Building footprint
183 m²
Volume, LiDAR
902 m³
Parcel 13042A0542/00T000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Jan Claes vloer- en tegelwerken
Lange Blok 1, 2431 LaakdalNACE 4523002
since 20072.169.616.717
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13042A0542/00T000 Flanders 975 m² 1 · 183 m² 6.8 m · 2 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

Of 3,960 companies in sector 43331 we hold annual accounts for 1,788. 1,179 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
Founded05-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
42110Construction of roads and motorways
43230Insulation installation
43422Screed work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0893942003
Also 9925:BE0893942003

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.