JDC PROJECTS
ActiveThe computed 12-month bankruptcy probability of JDC PROJECTS is 2.0% (moderate). The 2024 annual accounts show equity of €163k and a net result of €42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-9
Solvency73▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.28 in 2023; short-term debt: 52.3% and cash: 26.6% of total assets), but 52.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €163k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
50 d late
2022
324 d late
2021
212 d late
2020
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€163k▲ 34.3%
2023 · €121k
2020: €-27k
2021: €-19k
2022: €35k
2023: €121k
2020 → 2024
Total assets
€343k▼ 22.0%
2023 · €440k
2020: €140k
2021: €314k
2022: €386k
2023: €440k
2020 → 2024
Net result
€42k▼ 51.6%
2023 · €86k
2020: €-42k
2021: €9k
2022: €54k
2023: €86k
2020 → 2024
Working capital
€125k▲ 39.6%
2023 · €89k
2020: €-116k
2021: €-95k
2022: €-18k
2023: €89k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-27k-€-19k▲ 31.9%€35k€121k▲ 243%€163k▲ 34.3%
Operating result€-42k-€9k€63k▲ 614%€112k▲ 79.6%€64k▼ 43.1%
Net result€-42k-€9k€54k▲ 521%€86k▲ 59.6%€42k▼ 51.6%
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 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €343k
Fixed assets
€39k▲ 19.3%
Current assets
€304k▼ 25.3%
Equity and liabilities €343k
Equity
€163k▲ 34.3%
Debt
€180k▼ 43.5%
The debt ratio falls from 72.4% to 52.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▼
2023 · €131k
Cash flow
€54k▼
2023 · €104k
Solvency
47.5%▲
2023 · 27.6%
Current ratio
1.69▲
2023 · 1.28
Quick ratio
0.91▲
2023 · 0.84
Debt / equity
1.11▼
2023 · 2.63
ROE
25.5%▼
2023 · 70.9%
ROA
12.1%▼
2023 · 19.6%
Interest coverage
908.19▲
2023 · 428.37
Debt
€180k▼
2023 · €318k
Debt ≤ 1 year
€179k▼
2023 · €318k
Income taxes
€24k▼
2023 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€440k€343k▼
Fixed assets21/28€33k€39k▲
Tangible fixed assets22/27€33k€39k▲
Plant, machinery and equipment23€11k€6k▼
Furniture and vehicles24€5k€19k▲
Other tangible fixed assets26€17k€14k▼
Current assets29/58€407k€304k▼
Stocks and contracts in progress3€141k€141k=
Stocks30/36€141k€141k=
Amounts receivable within one year40/41€38k€71k▲
Trade receivables40€35k€61k▲
Other amounts receivable41€4k€10k▲
Current investments50/53€100k-
Cash at bank and in hand54/58€127k€91k▼
Deferred charges and accrued income490/1€918€1k▲
Equity and liabilities
Total equity and liabilities10/49€440k€343k▼
Equity10/15€121k€163k▲
Contributions10/11€15k€15k=
Reserves13€105k€105k=
Distributable reserves133€105k€105k=
Profit (loss) carried forward14€1k€43k▲
Amounts payable17/49€318k€180k▼
Amounts payable within one year42/48€318k€179k▼
Trade debts44€19k€42k▲
Suppliers440/4€19k€42k▲
Taxes, remuneration and social security45€40k€43k▲
Taxes450/3€40k€43k▲
Other amounts payable47/48€259k€94k▼
Accrued charges and deferred income492/3€565€586▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€13k▼
Other operating charges640/8€1k€513▼
Gross operating margin9900€132k€77k▼
Operating profit (loss)9901€112k€64k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€305€84▼
Recurring financial charges65€305€84▼
Profit (loss) for the period before taxes9903€112k€66k▼
Income taxes67/77€26k€24k▼
Profit (loss) for the period9904€86k€42k▼
Profit (loss) for the period to be appropriated9905€86k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€43k▼
Profit (loss) brought forward from the previous period14P€315€1k▲
Transfer to equity691/2€85k-
To other reserves6921€85k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €150kEq €163k ▲34.3%
4 profitable years in a row build equity to €163k.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 324 days late
2023
31-12
Financial
Highest result since 2020net €86k ▲59.6%
Operating result €112k, net result €86k, both a record.
31-12
Financial
Equity above €100kEq €121k ▲243%
3 profitable years in a row build equity to €121k.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 212 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Merchtem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Breestraeten 2761785 MerchtemGround area
731 m²
Building footprint
118 m²
Volume, LiDAR
642 m³
Parcel 23052E0382/00W000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JDC PROJECTS
since 20192.296.240.022
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23052E0382/00W000 | Flanders | 731 m² | 1 · 118 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
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BE 0501.684.493
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DE CUBBER WILLY
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ALGEMENE BOUWWERKEN KEGELS
BE 0894.321.489
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E-L BOUWPARTNERS
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 12,487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.