JCS PROJECTS
ActiveSummary
JCS PROJECTS has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,242 and a net result of €15,744. Equity is shrinking by about 2.9% per year across the filed financial years. Its solvency ranks better than 56% of 34,728 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €144,242
- Profit
- €15,744
Why 93raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.82, cash €221,442Founded in 2007Equity €144,242 (51.6% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 56% on solvency, 74% on liquidity, 50% on profitability and 7% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 31 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is over 4.2 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,693 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €293 | €131 | €131 | €425 | €1,056 | €2,626 | €19,676 | €19,560 | ▼ 0.6% |
| Other operating charges640/8 | - | - | - | €628 | €510 | €619 | €799 | €679 | ▼ 15.0% |
| Gross operating margin9900 | €30,415 | €55,840 | €3,059 | €32,425 | €41,368 | €31,807 | €25,821 | €42,959 | ▲ 66.4% |
| Operating profit (loss)9901 | €29,095 | €54,534 | €2,473 | €31,372 | €39,802 | €28,561 | €5,346 | €22,720 | ▲ 325% |
| Financial income75/76B | - | - | - | - | - | - | €13 | €39 | ▲ 207% |
| Recurring financial income75 | €308 | €187 | - | - | - | - | €13 | €39 | ▲ 207% |
| Financial charges65/66B | - | - | - | €228 | €733 | €604 | €155 | €496 | ▲ 220% |
| Recurring financial charges65 | €261 | €243 | €450 | €228 | €733 | €604 | €155 | €496 | ▲ 220% |
| Profit (loss) for the period before taxes9903 | €29,142 | €54,478 | €2,022 | €31,144 | €39,068 | €27,958 | €5,204 | €22,263 | ▲ 328% |
| Income taxes67/77 | €8,111 | €15,382 | €447 | €8,464 | €10,886 | €7,834 | €783 | €6,519 | ▲ 733% |
| Profit (loss) for the period9904 | €21,031 | €39,095 | €1,575 | €22,679 | €28,183 | €20,124 | €4,421 | €15,744 | ▲ 256% |
| Profit (loss) for the period to be appropriated9905 | €21,031 | €39,095 | €1,575 | €22,679 | €28,183 | €20,124 | €4,421 | €15,744 | ▲ 256% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €420,562 | €437,840 | €432,791 | €339,241 | €369,525 | €377,825 | €386,790 | €279,333 | ▼ 27.8% |
| Fixed assets21/28 | €261 | €131 | - | €2,742 | €1,687 | €12,286 | €51,159 | €33,178 | ▼ 35.1% |
| Tangible fixed assets22/27 | €261 | €131 | - | €2,742 | €1,687 | €12,286 | €51,159 | €33,178 | ▼ 35.1% |
| Furniture and vehicles24 | - | - | - | €2,742 | €1,687 | €12,286 | €51,159 | €33,178 | ▼ 35.1% |
| Current assets29/58 | €420,301 | €437,709 | €432,791 | €336,499 | €367,839 | €365,539 | €335,631 | €246,155 | ▼ 26.7% |
| Stocks and contracts in progress3 | - | - | - | €1,800 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €1,800 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €55,899 | €60,354 | €23,765 | €30,741 | €13,480 | €14,219 | €16,427 | €8,400 | ▼ 48.9% |
| Trade receivables40 | - | - | - | €15,509 | €13,341 | €10,460 | €11,991 | €8,400 | ▼ 30.0% |
| Other amounts receivable41 | - | - | - | €15,232 | €139 | €3,759 | €4,436 | - | - |
| Current investments50/53 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Cash at bank and in hand54/58 | €353,117 | €363,741 | €397,451 | €292,695 | €342,900 | €338,114 | €304,168 | €221,442 | ▼ 27.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,263 | €1,459 | €3,206 | €5,036 | €6,314 | ▲ 25.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €420,562 | €437,840 | €432,791 | €339,241 | €369,525 | €377,825 | €386,790 | €279,333 | ▼ 27.8% |
| Equity10/15 | €382,853 | €421,948 | €423,524 | €324,940 | €353,123 | €373,246 | €377,667 | €144,242 | ▼ 61.8% |
| Contributions10/11 | €97,000 | €97,000 | - | €97,000 | €97,000 | €97,000 | €97,000 | €25,000 | ▼ 74.2% |
| Reserves13 | €283,619 | €322,715 | €324,290 | €225,706 | €253,889 | €274,013 | €278,434 | €117,008 | ▼ 58.0% |
| 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 | €117,008 | ▼ 58.0% |
| Profit (loss) carried forward14 | €2,234 | €2,234 | €2,234 | €2,234 | €2,234 | €2,234 | €2,234 | €2,234 | = |
| Amounts payable17/49 | €37,709 | €15,892 | €9,268 | €14,301 | €16,403 | €4,578 | €9,123 | €135,091 | ▲ 15× |
| Amounts payable within one year42/48 | €37,709 | €15,892 | €9,268 | €14,301 | €10,643 | €4,578 | €9,123 | €135,091 | ▲ 15× |
| Trade debts44 | €4,720 | €2,096 | €7,439 | €12,188 | €4,085 | €744 | €7,990 | €1,390 | ▼ 82.6% |
| Suppliers440/4 | - | - | - | €12,188 | €4,085 | €744 | €7,990 | €1,390 | ▼ 82.6% |
| Taxes, remuneration and social security45 | - | - | - | €2,113 | €5,082 | - | - | €7,240 | - |
| Taxes450/3 | - | - | - | €219 | €5,082 | - | - | €7,240 | - |
| Remuneration and social security454/9 | - | - | - | €1,894 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €1,475 | €3,835 | €1,134 | €126,462 | ▲ 112× |
| Accrued charges and deferred income492/3 | - | - | - | - | €5,760 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,031 | €39,095 | €1,575 | €22,679 | €28,183 | €20,124 | €4,421 | €15,744 | ▲ 256% |
| + Depreciation and write-downs630 | €293 | €131 | €131 | €425 | €1,056 | €2,626 | €19,676 | €19,560 | ▼ 0.6% |
| Operating cash flow (approximation) | €21,324 | €39,226 | €1,706 | €23,105 | €29,239 | €22,749 | €24,097 | €35,304 | ▲ 46.5% |
| Investment in fixed assets (approximation) | - | €0 | - | - | €0 | -€13,225 | -€58,550 | -€1,578 | ▲ 97.3% |
| Change in cash | - | €10,625 | €33,710 | -€104,757 | €50,205 | -€4,786 | -€33,946 | -€82,726 | ▼ 144% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00193254 |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00215294 |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00169289 |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00177849 |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20110298 |
| 31-12-2020 | micro format | 02-07-2021 | 2021-28900378 |
| 31-12-2019 | micro format | 07-07-2020 | 2020-29300274 |
| 31-12-2018 | micro format | 10-07-2019 | 2019-30600136 |
| 31-12-2017 | micro format | 05-07-2018 | 2018-28400117 |
| 31-12-2016 | micro format | 01-07-2017 | 2017-24700401 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CLAES Jan |
|
Owners and capital
Capital and shareholders
- 17-06-2024 Converted to unavailable equity · €106,700
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-06
Gazette deed
Resignation: CLAES Jan (statutory director)Appointment: CLAES Jan (director) · Permanent representative: CLAES Jan · Amendment of the articles10 facts ▸
- General meeting, 12-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, onmiddellijk” (deed in Dutch)
- Director resignation, CLAES Jan (statutory director)
- Director discharge, CLAES Jan
- Board rule, 1
- Director appointment, CLAES Jan (director (not named in the articles))
- Permanent representative, CLAES Jan
- Registered office clause, “Lange Blok 1, 2430 Laakdal (Veerle)” (deed in Dutch)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0893.942.003
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13042A0542/00T000 | Flanders | 975 m² | 1 · 183 m² | 6.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het plaatsen van vloer- en wandtegels,het aanbrengen van chape; Het plaatsen van tussenwanden en gipsplaten; De verkoop van vloer- en…” (deed in Dutch)
15 activities (deed in Dutch)
- Het plaatsen van vloer- en wandtegels,het aanbrengen van chape
- Het plaatsen van tussenwanden en gipsplaten
- De verkoop van vloer- en wandtegels,bouwmaterialen en bijhorende hulpstoffen
- Het bouwen van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers inclusief plaatsen van vangrails
- Het renoveren en oprichten van onroerende goederen
- De aan- en verkoop van onroerende goederen
- Het beheer van onroerende en roerende vermogens en de huurfinanciering van roerende en onroerende goederen aan derden,het aankopen,ruilen,bouwen en doen bouwen,verbouwen,onderhouden,verhuren,huren,prospecteren en uitbaten van onroerende goederen,het verstrekken van zakelijke rechten zoals vruchtgebruik,opstalrecht,erfpacht met betrekking tot haar patrimonium aan derden alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen
- Beleggingen en beheer van vermogens,gaande van onroerende goederen en rechten tot roerende goederen en kapitalen,dit alles hetzij voor eigen rekening,hetzij voor rekening van derden of in deelname met derden
- De vennootschap mag zowel in België als in het buitenland alle industriële,handels-,roerende,onroerende en financiële verrichtingen uitvoeren die rechtstreeks of onrechtstreeks dienstig zijn om haar aktiviteiten uit te breiden
- De vennootschap kan door middel van inbreng,inschrijving,fusie of gelijk welke andere manier,belangen verwerven in elke onderneming,vereniging,bestaande of op te richten vennootschap,waarvan het voorwerp gelijkaardig,analoog aansluitend of gewoon nuttig is tot de verwezenlijking van het geheel of een deel van haar voorwerp
- De vennootschap met de functies van bestuurder of vereffenaar waarnemen in alle rechtspersonen waarvan zij aandeelhouder,vennoot of lid is
- Ze mag alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap
- De vennootschap mag zekerheden stellen voor alle rechtspersonen waarbij zij rechtstreeks of onrechtstreeks belangen heeft
- Om haar voorwerp te realiseren mag de vennootschap,onder gelijk welke vorm,samenwerken met andere vennootschappen,onderzoeksinstellingen,universitaire innovatiecentra,enzovoort
- De vennootschap is eveneens gerechtigd alle commerciële,financiële,roerende en onroerende verrichtingen te doen die rechtstreeks of onrechtstreeks bij haar voorwerp aansluiten of die de verwezenlijking ervan kunnen bevorderen of vergemakkelijken,dit alles,zowel in het binnen- als in het buitenland,voor eigen rekening als voor rekening van derden,als tussenpersoon of bij deelneming in andere vennootschappen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- JCS PROJECTS
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden. De gedelegeerden voor het dagelijks bestuur kunnen in het kader van…” (deed in Dutch)