JD ELEC
ActiveSummary
The computed 12-month bankruptcy probability of JD ELEC is 2.5% (moderate). The 2025 annual accounts show equity of €3,817 and a net result of €2,456. Equity is growing by ~97.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 28374 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-51
Solvency33▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.95 against 1.01 in 2024; short-term debt: 92.3% and cash: 5.3% of total assets), and 92.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 28374 sector peers (2025).
NBB · sector comparisonPosition among 28374 sector peers
Solvency
better than 13%
← weakest
strongest →
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 18-07-2026, 13 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
13 d early
2024
63 d early
2023
29 d late
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 4 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€3,817▲ 180%
2024 · €1,361
Total assets
€49,635▼ 21.9%
2024 · €63,524
Net result
€2,456▼ 79.9%
2024 · €12,241
Working capital
-€2,272
2024 · €677
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€12,581-€7,612€13,227▲ 73.8%€8,337▼ 37.0%
Net result-€18,926below the sector's middle half-€6,446within the sector's middle half€12,241within the sector's middle half▲ 89.9%€2,456within the sector's middle half▼ 79.9%
Equity-€17,926below the sector's middle half--€11,480below the sector's middle half▲ 36.0%€1,361below the sector's middle half€3,817below the sector's middle half▲ 180%
Total assets€63,811below the sector's middle half-€56,898below the sector's middle half▼ 10.8%€63,524below the sector's middle half▲ 11.6%€49,635below the sector's middle half▼ 21.9%
Debt€81,736-€68,377▼ 16.3%€62,163▼ 9.1%€45,818▼ 26.3%
Working capital-€28,057below the sector's middle half--€10,136below the sector's middle half▲ 63.9%€677below the sector's middle half-€2,272below the sector's middle half
Solvency-28.1%below the sector's middle half--20.2%below the sector's middle half▲ 7.9pp2.1%below the sector's middle half▲ 22.3pp7.7%below the sector's middle half▲ 5.5pp
Current ratio0.66below the sector's middle half-0.81below the sector's middle half▲ 0.151.01below the sector's middle half▲ 0.200.95below the sector's middle half▼ 0.06
Return on assets (ROA)-29.7%below the sector's middle half-11.3%within the sector's middle half▲ 41.0pp19.3%above the sector's middle half▲ 7.9pp4.9%within the sector's middle half▼ 14.3pp
Staff (FTE)1.1-1▼ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49,635
Fixed assets
€6,089 ▼ 24.1%
Current assets
€43,545 ▼ 21.5%
Equity and liabilities €49,635
Equity
€3,817 ▲ 180%
Debt
€45,818 ▼ 26.3%
Debt's share of the balance-sheet total falls from 97.9% to 92.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10,280▼
2024 · €17,150
Cash flow
€4,399▼
2024 · €16,164
Quick ratio
0.69▼
2024 · 0.82
Debt to equity
12.00▼
2024 · 45.67
ROE
64.3%▼
2024 · 899.3%
Interest coverage
2.10▼
2024 · 16.76
Debt ≤ 1 year
€45,818▼
2024 · €54,821
Income taxes
€1,409
Staff costs
€1,784▼
2024 · €7,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.6%
went bankrupt
2.7%
stopped otherwise
94%
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 2.5% 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 1,251 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €8,636 | €9,142 | €7,391 | €1,784 | ▼ 75.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,003 | €5,733 | €3,923 | €1,944 | ▼ 50.5% |
| Other operating charges640/8 | €538 | €303 | €4,548 | €7,671 | ▲ 68.7% |
| Non-recurring operating charges66A | €34,951 | - | - | - | - |
| Gross operating margin9900 | €38,547 | €22,790 | €29,089 | €19,736 | ▼ 32.2% |
| Operating profit (loss)9901 | -€12,581 | €7,612 | €13,227 | €8,337 | ▼ 37.0% |
| Financial income75/76B | €94 | €1,015 | €37 | €415 | ▲ 1,018% |
| Recurring financial income75 | €94 | €1,015 | €37 | €415 | ▲ 1,018% |
| Financial charges65/66B | €6,439 | €2,181 | €1,023 | €4,887 | ▲ 378% |
| Recurring financial charges65 | €6,439 | €2,181 | €1,023 | €4,887 | ▲ 378% |
| Profit (loss) for the period before taxes9903 | -€18,926 | €6,446 | €12,241 | €3,865 | ▼ 68.4% |
| Income taxes67/77 | - | - | - | €1,409 | - |
| Profit (loss) for the period9904 | -€18,926 | €6,446 | €12,241 | €2,456 | ▼ 79.9% |
| Profit (loss) for the period to be appropriated9905 | -€18,926 | €6,446 | €12,241 | €2,456 | ▼ 79.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €63,811 | €56,898 | €63,524 | €49,635 | ▼ 21.9% |
| Fixed assets21/28 | €10,131 | €14,398 | €8,026 | €6,089 | ▼ 24.1% |
| Tangible fixed assets22/27 | €10,131 | €14,398 | €8,026 | €6,089 | ▼ 24.1% |
| Plant, machinery and equipment23 | €1,469 | €5,004 | €3,838 | €2,672 | ▼ 30.4% |
| Furniture and vehicles24 | €8,662 | €9,394 | €4,188 | €3,417 | ▼ 18.4% |
| Current assets29/58 | €53,679 | €42,500 | €55,498 | €43,545 | ▼ 21.5% |
| Stocks and contracts in progress3 | €5,424 | €5,900 | €10,662 | €11,945 | ▲ 12.0% |
| Stocks30/36 | €5,424 | €5,900 | €10,662 | €11,945 | ▲ 12.0% |
| Amounts receivable within one year40/41 | €44,850 | €27,373 | €27,775 | €28,952 | ▲ 4.2% |
| Trade receivables40 | €31,131 | €22,246 | €27,526 | €15,049 | ▼ 45.3% |
| Other amounts receivable41 | €13,718 | €5,127 | €249 | €13,903 | ▲ 5,485% |
| Cash at bank and in hand54/58 | €2,150 | €8,753 | €15,791 | €2,649 | ▼ 83.2% |
| Deferred charges and accrued income490/1 | €1,256 | €474 | €1,270 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €63,811 | €56,898 | €63,524 | €49,635 | ▼ 21.9% |
| Equity10/15 | -€17,926 | -€11,480 | €1,361 | €3,817 | ▲ 180% |
| Contributions10/11 | €1,000 | €1,000 | €1,600 | €1,600 | = |
| Capital10 | €1,000 | €1,000 | - | - | - |
| Issued capital100 | €1,000 | €1,000 | - | - | - |
| Profit (loss) carried forward14 | -€18,926 | -€12,480 | -€239 | €2,217 | ▲ 1,028% |
| Amounts payable17/49 | €81,736 | €68,377 | €62,163 | €45,818 | ▼ 26.3% |
| Amounts payable after more than one year17 | - | €15,742 | €7,342 | - | - |
| Financial debts170/4 | - | €15,742 | €7,342 | - | - |
| Amounts payable within one year42/48 | €81,736 | €52,636 | €54,821 | €45,818 | ▼ 16.4% |
| Current portion of amounts payable after more than one year42 | - | €7,970 | €8,400 | €7,342 | ▼ 12.6% |
| Financial debts43 | - | - | €90 | - | - |
| Credit institutions430/8 | - | - | €90 | - | - |
| Trade debts44 | €56,356 | €22,380 | €10,811 | €16,894 | ▲ 56.3% |
| Suppliers440/4 | €56,356 | €22,380 | €10,811 | €16,894 | ▲ 56.3% |
| Taxes, remuneration and social security45 | €13,040 | €18,233 | €33,289 | €21,582 | ▼ 35.2% |
| Taxes450/3 | €7,200 | €17,760 | €32,619 | €21,582 | ▼ 33.8% |
| Remuneration and social security454/9 | €5,840 | €473 | €670 | - | - |
| Other amounts payable47/48 | €12,339 | €4,052 | €2,232 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,926 | €6,446 | €12,241 | €2,456 | ▼ 79.9% |
| + Depreciation and write-downs630 | €7,003 | €5,733 | €3,923 | €1,944 | ▼ 50.5% |
| Operating cash flow (approximation) | -€11,923 | €12,179 | €16,164 | €4,399 | ▼ 72.8% |
| Investment in fixed assets (approximation) | - | -€10,000 | €2,449 | -€7 | ▼ 100% |
| Change in cash | - | €6,603 | €7,038 | -€13,142 | ▼ 287% |
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
2026
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €12,241 ▲89.9%
Operating result €13,227, net result €12,241, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €6,446
Net result €6,446 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2021
Ground area
267 m²
Building footprint
49 m²
Volume, LiDAR
369 m³
Parcel 63035A0222/00V002, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
JD ELEC
since 20212.315.740.881
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63035A0222/00V002 | Wallonia | 267 m² | 1 · 49 m² | 9.1 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.
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IKOM
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CASA GUTI
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Of 22,818 companies in this sector we hold annual accounts for 10,336. 3,061 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded29-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Contact
E-mail
j.delec@outlook.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765803815
Also
9925:BE0765803815
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.