JD-DECO
ActiveThe file of JD-DECO contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 1.1% (low). The 2025 annual accounts show negative equity (-€19,877) and a net result of -€39,500. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1012 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-61
Solvency0▼-51
Growth31▼-26
Track record85
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 1.28 in 2024; short-term debt: 142% and cash: 1.9% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-42.7%
Return on assets
-84.9%
Age of the figures
18 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€19,877
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
14 d early
2022
31 d early
2021
6 d early
2020
26 d late
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 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 25 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€115,825▼ 33.5%
2024 · €174,103
EBIT margin
-33.6%▼ 36.9pp
2024 · 3.4%
Net result
-€39,500
2024 · €2,945
Working capital
-€22,444
2024 · €15,809
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€134,396▲ 2.2%€109,713▼ 18.4%€188,089▲ 71.4%€174,103▼ 7.4%€115,825▼ 33.5%
Operating result-€24,565€6,405€4,488▼ 29.9%€5,859▲ 30.6%-€38,897
Net result-€25,121below the sector's middle half€5,760within the sector's middle half€1,931within the sector's middle half▼ 66.5%€2,945within the sector's middle half▲ 52.5%-€39,500below the sector's middle half
EBIT margin-18.3%▼ 26.6pp5.8%▲ 24.1pp2.4%▼ 3.5pp3.4%▲ 1.0pp-33.6%▼ 36.9pp
Equity€8,986below the sector's middle half▼ 73.7%€14,746below the sector's middle half▲ 64.1%€16,677below the sector's middle half▲ 13.1%€19,623within the sector's middle half▲ 17.7%-€19,877below the sector's middle half
Total assets€112,897within the sector's middle half▼ 16.1%€58,617below the sector's middle half▼ 48.1%€40,961below the sector's middle half▼ 30.1%€76,573within the sector's middle half▲ 86.9%€46,543below the sector's middle half▼ 39.2%
Debt€103,911▲ 3.4%€43,871▼ 57.8%€24,284▼ 44.6%€56,950▲ 135%€66,420▲ 16.6%
Working capital€7,641within the sector's middle half▼ 77.6%€13,761within the sector's middle half▲ 80.1%€13,686within the sector's middle half▼ 0.5%€15,809within the sector's middle half▲ 15.5%-€22,444below the sector's middle half
Solvency8.0%below the sector's middle half▼ 17.4pp25.2%within the sector's middle half▲ 17.2pp40.7%within the sector's middle half▲ 15.6pp25.6%within the sector's middle half▼ 15.1pp-42.7%below the sector's middle half▼ 68.3pp
Current ratio1.07below the sector's middle half▼ 0.271.31within the sector's middle half▲ 0.241.56within the sector's middle half▲ 0.251.28within the sector's middle half▼ 0.280.66below the sector's middle half▼ 0.62
Return on assets (ROA)-22.3%below the sector's middle half▼ 28.2pp9.8%within the sector's middle half▲ 32.1pp4.7%within the sector's middle half▼ 5.1pp3.8%within the sector's middle half▼ 0.9pp-84.9%below the sector's middle half▼ 88.7pp
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €38,897 after €5,859 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46,543
Fixed assets
€2,917 ▼ 29.9%
Current assets
€43,626 ▼ 39.8%
Key figures and ratios
EBITDA
-€37,650▼
2024 · €6,791
Cash flow
-€38,253▼
2024 · €3,877
Quick ratio
0.48▼
2024 · 1.06
Debt to equity
-3.34▼
2024 · 2.90
Interest coverage
-56.57▼
2024 · 6.45
Debt ≤ 1 year
€66,070▲
2024 · €56,600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.5%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,340 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% | 1.0% |
| 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% 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 6,621 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €134,396 | €109,713 | €188,089 | €174,103 | €115,825 | ▼ 33.5% |
| Goods, raw materials, services and sundry goods60/61 | - | €109,219 | €172,040 | €168,773 | €152,216 | ▼ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €336 | €561 | €722 | €932 | €1,247 | ▲ 33.8% |
| Other operating charges640/8 | - | €676 | €743 | €403 | €3,816 | ▲ 848% |
| Non-recurring operating charges66A | - | - | €12,000 | €60 | - | - |
| Gross operating margin9900 | -€10,422 | €7,641 | €17,953 | €7,253 | -€33,834 | ▼ 566% |
| Operating profit (loss)9901 | -€24,565 | €6,405 | €4,488 | €5,859 | -€38,897 | ▼ 764% |
| Financial income75/76B | - | €30 | - | - | €63 | - |
| Recurring financial income75 | €0 | €30 | - | - | €63 | - |
| Financial charges65/66B | - | €1,129 | €978 | €1,053 | €666 | ▼ 36.8% |
| Recurring financial charges65 | €398 | €1,129 | €978 | €1,053 | €666 | ▼ 36.8% |
| Profit (loss) for the period before taxes9903 | -€24,963 | €5,306 | €3,510 | €4,807 | -€39,500 | ▼ 922% |
| Income taxes67/77 | €159 | -€454 | €1,579 | €1,861 | - | - |
| Profit (loss) for the period9904 | -€25,121 | €5,760 | €1,931 | €2,945 | -€39,500 | ▼ 1,441% |
| Profit (loss) for the period to be appropriated9905 | -€25,121 | €5,760 | €1,931 | €2,945 | -€39,500 | ▼ 1,441% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,897 | €58,617 | €40,961 | €76,573 | €46,543 | ▼ 39.2% |
| Fixed assets21/28 | €1,346 | €985 | €2,991 | €4,164 | €2,917 | ▼ 29.9% |
| Tangible fixed assets22/27 | €1,346 | €785 | €2,791 | €3,964 | €2,717 | ▼ 31.5% |
| Plant, machinery and equipment23 | - | €785 | €1,300 | €2,800 | €1,880 | ▼ 32.9% |
| Furniture and vehicles24 | - | - | €1,491 | €1,164 | €837 | ▼ 28.1% |
| Financial fixed assets28 | - | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €111,552 | €57,632 | €37,970 | €72,409 | €43,626 | ▼ 39.8% |
| Stocks and contracts in progress3 | - | - | - | €12,200 | €12,200 | = |
| Stocks30/36 | - | - | - | €12,200 | €12,200 | = |
| Amounts receivable within one year40/41 | €89,428 | €48,015 | €31,751 | €58,717 | €29,752 | ▼ 49.3% |
| Trade receivables40 | - | €33,337 | €28,965 | €53,627 | €26,113 | ▼ 51.3% |
| Other amounts receivable41 | - | €14,679 | €2,785 | €5,090 | €3,639 | ▼ 28.5% |
| Cash at bank and in hand54/58 | €21,343 | €9,271 | €5,827 | €1,143 | €905 | ▼ 20.8% |
| Deferred charges and accrued income490/1 | - | €346 | €393 | €349 | €769 | ▲ 120% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,897 | €58,617 | €40,961 | €76,573 | €46,543 | ▼ 39.2% |
| Equity10/15 | €8,986 | €14,746 | €16,677 | €19,623 | -€19,877 | ▼ 201% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€13,014 | -€7,254 | -€5,323 | -€2,377 | -€41,877 | ▼ 1,662% |
| Amounts payable17/49 | €103,911 | €43,871 | €24,284 | €56,950 | €66,420 | ▲ 16.6% |
| Amounts payable within one year42/48 | €103,911 | €43,871 | €24,284 | €56,600 | €66,070 | ▲ 16.7% |
| Trade debts44 | €35,485 | €7,454 | €16,146 | €11,282 | €10,702 | ▼ 5.1% |
| Suppliers440/4 | - | €7,454 | €16,146 | €11,282 | €10,702 | ▼ 5.1% |
| Taxes, remuneration and social security45 | - | €1,994 | €5,485 | €4,685 | - | - |
| Taxes450/3 | - | €744 | €5,485 | €3,435 | - | - |
| Remuneration and social security454/9 | - | €1,250 | - | €1,250 | - | - |
| Other amounts payable47/48 | - | €34,423 | €2,653 | €40,633 | €55,368 | ▲ 36.3% |
| Accrued charges and deferred income492/3 | - | - | - | €350 | €350 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,121 | €5,760 | €1,931 | €2,945 | -€39,500 | ▼ 1,441% |
| + Depreciation and write-downs630 | €336 | €561 | €722 | €932 | €1,247 | ▲ 33.8% |
| Operating cash flow (approximation) | -€24,785 | €6,320 | €2,653 | €3,877 | -€38,253 | ▼ 1,087% |
| Investment in fixed assets (approximation) | - | -€200 | -€2,728 | -€2,104 | €0 | ▲ 100% |
| Change in cash | - | -€12,072 | -€3,444 | -€4,684 | -€238 | ▲ 94.9% |
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
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet -€39,500
Net result drops to -€39,500, the lowest in the series.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €5,760
Net result €5,760 after one loss-making year.
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
31-03
Financial
Highest result since 2019net €8,066 ▲2,834%
Operating result €10,909, net result €8,066, both a record.
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
26-09
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · event 18-09-2019
11-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-06-2019
Show earlier events
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Grez-Doiceau · 1 establishment unit since 2003
Ground area
1,430 m²
Building footprint
178 m²
Volume, LiDAR
1,120 m³
Parcel 25070C0380/02S015, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JD-DECO
since 20032.133.964.069
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25070C0380/02S015 | Wallonia | 1,430 m² | 1 · 178 m² | 8.9 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROME HENRI AVENUE DE FRE 229, 1180. UCCLE-
.
Date provisoire de cessation de paiement : 03/12/2018 |
03-06-2019 → 18-09-2019 |
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Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 509 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
Founded18-11-1999
Fiscal year end31-03
Activities, NACEBEL 2025
42110Construction of roads and motorways
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0467329073
Also
9925:BE0467329073
Registered
06-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.