JDChâssis
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 11-05-2026 PDF all 13 filings
Turnover
€23,500
EBIT margin
68.3%
Net result
€79,271▲ 103%
2024 · €39,118
Working capital
€125,451▼ 0.7%
2024 · €126,380
In the rankings
#10 company by equity in Pont-à-Celles, Construction sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€102,584
▲ 103%
2025
20182025
Net result
€79,271
▲ 103%
2025
highest quarter of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€134,213
▲ 144%
2025
middle half of the sector
20182025
Total assets
€173,658
▲ 19.9%
2025
middle half of the sector
20182025
Debt
€39,445
▼ 56.1%
2025
20182025
Working capital
€125,451
▼ 0.7%
2025
highest quarter of the sector
20182025
Solvency
77.3%
▲ 39.4pp
2025
highest quarter of the sector
20182025
Current ratio
4.18
▼ 4.93
2025
highest quarter of the sector
20182025
Return on assets (ROA)
45.6%
▲ 18.6pp
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€23,500-
Operating result€16,047--€2,382€127€2,769▲ 22×-€894€22,541€50,412▲ 124%€102,584▲ 103%
Net result€16,257--€2,837-€32below the sector's middle half▲ 98.9%€2,660within the sector's middle half-€977below the sector's middle half€17,082within the sector's middle half€39,118above the sector's middle half▲ 129%€79,271above the sector's middle half▲ 103%
EBIT margin68.3%-
Equity-€71--€2,908▼ 4,004%-€2,940below the sector's middle half▼ 1.1%-€280below the sector's middle half▲ 90.5%-€1,257below the sector's middle half▼ 349%€15,825below the sector's middle half€54,942within the sector's middle half▲ 247%€134,213within the sector's middle half▲ 144%
Total assets€1,199-€1,112▼ 7.3%€1,167below the sector's middle half▲ 4.9%€1,916below the sector's middle half▲ 64.3%€1,183below the sector's middle half▼ 38.3%€117,040within the sector's middle half▲ 99×€144,881within the sector's middle half▲ 23.8%€173,658within the sector's middle half▲ 19.9%
Debt€1,270-€4,020▲ 216%€4,106▲ 2.2%€2,196▼ 46.5%€2,440▲ 11.1%€101,216▲ 41×€89,939▼ 11.1%€39,445▼ 56.1%
Working capital-€71--€2,908▼ 4,004%-€2,940below the sector's middle half▼ 1.1%-€280below the sector's middle half▲ 90.5%-€1,257below the sector's middle half▼ 349%€101,576above the sector's middle half€126,380above the sector's middle half▲ 24.4%€125,451above the sector's middle half▼ 0.7%
Solvency13.5%below the sector's middle half37.9%within the sector's middle half▲ 24.4pp77.3%above the sector's middle half▲ 39.4pp
Current ratio8.47above the sector's middle half9.11above the sector's middle half▲ 0.644.18above the sector's middle half▼ 4.93
Return on assets (ROA)14.6%within the sector's middle half27.0%above the sector's middle half▲ 12.4pp45.6%above the sector's middle half▲ 18.6pp
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 103% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173,658
Fixed assets
€8,762 ▲ 200%
Current assets
€164,896 ▲ 16.2%
Equity and liabilities €173,658
Equity
€134,213 ▲ 144%
Debt
€39,445 ▼ 56.1%
Debt's share of the balance-sheet total falls from 62.1% to 22.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€104,175▲
2024 · €51,090
Cash flow
€80,861▲
2024 · €39,796
Debt to equity
0.29▼
2024 · 1.64
ROE
59.1%▼
2024 · 71.2%
Interest coverage
75.36▼
2024 · over 100
Debt ≤ 1 year
€39,445▲
2024 · €15,583
Income taxes
€32,811▲
2024 · €19,164
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €2,025 | €1,728 | €1,285 |
| Intangible fixed assets | - | - | - | - | €6,149 |
| Depreciation and write-downs of the year | - | - | €156 | €679 | €1,591 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €23,500 | - | - | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | €156 | €679 | €1,591 | ▲ 134% |
| Other operating charges640/8 | - | - | - | €787 | €970 | €384 | €22,193 | €1,684 | ▼ 92.4% |
| Gross operating margin9900 | €16,781 | -€1,605 | €912 | €3,556 | €76 | €23,081 | €73,283 | €105,859 | ▲ 44.5% |
| Operating profit (loss)9901 | €16,047 | -€2,382 | €127 | €2,769 | -€894 | €22,541 | €50,412 | €102,584 | ▲ 103% |
| Financial income75/76B | - | - | - | - | €28 | €4,823 | €8,062 | €10,880 | ▲ 34.9% |
| Recurring financial income75 | €297 | - | - | - | €28 | €4,823 | €8,062 | €10,880 | ▲ 34.9% |
| Financial charges65/66B | - | - | - | €45 | €45 | €138 | €192 | €1,382 | ▲ 622% |
| Recurring financial charges65 | €87 | €121 | €42 | €45 | €45 | €138 | €192 | €1,382 | ▲ 622% |
| Profit (loss) for the period before taxes9903 | €16,257 | -€2,503 | €85 | €2,724 | -€912 | €27,225 | €58,282 | €112,081 | ▲ 92.3% |
| Income taxes67/77 | - | €334 | €116 | €65 | €65 | €10,143 | €19,164 | €32,811 | ▲ 71.2% |
| Profit (loss) for the period9904 | €16,257 | -€2,837 | -€32 | €2,660 | -€977 | €17,082 | €39,118 | €79,271 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €16,257 | -€2,837 | -€32 | €2,660 | -€977 | €17,082 | €39,118 | €79,271 | ▲ 103% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1,199 | €1,112 | €1,167 | €1,916 | €1,183 | €117,040 | €144,881 | €173,658 | ▲ 19.9% |
| Fixed assets21/28 | €0 | - | - | - | - | €1,869 | €2,919 | €8,762 | ▲ 200% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | €5,792 | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | €1,869 | €2,919 | €2,970 | ▲ 1.8% |
| Furniture and vehicles24 | - | - | - | - | - | €1,869 | €2,919 | €2,970 | ▲ 1.8% |
| Current assets29/58 | €1,199 | €1,112 | €1,167 | €1,916 | €1,183 | €115,171 | €141,962 | €164,896 | ▲ 16.2% |
| Amounts receivable within one year40/41 | €187 | - | €121 | €124 | €798 | €40,390 | €19,828 | €49,874 | ▲ 152% |
| Trade receivables40 | - | - | - | €124 | - | €31,538 | €5,153 | €27,393 | ▲ 432% |
| Other amounts receivable41 | - | - | - | - | €798 | €8,852 | €14,676 | €22,481 | ▲ 53.2% |
| Cash at bank and in hand54/58 | €180 | €280 | €185 | €893 | €385 | €74,104 | €120,031 | €110,985 | ▼ 7.5% |
| Deferred charges and accrued income490/1 | - | - | - | €899 | - | €678 | €2,103 | €4,037 | ▲ 91.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1,199 | €1,112 | €1,167 | €1,916 | €1,183 | €117,040 | €144,881 | €173,658 | ▲ 19.9% |
| Equity10/15 | -€71 | -€2,908 | -€2,940 | -€280 | -€1,257 | €15,825 | €54,942 | €134,213 | ▲ 144% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | - | - | - | €36,342 | €115,613 | ▲ 218% |
| Distributable reserves133 | - | - | - | - | - | - | €36,342 | €115,613 | ▲ 218% |
| Profit (loss) carried forward14 | -€18,671 | -€21,508 | -€21,540 | -€18,880 | -€19,857 | -€2,775 | - | - | - |
| Amounts payable17/49 | €1,270 | €4,020 | €4,106 | €2,196 | €2,440 | €101,216 | €89,939 | €39,445 | ▼ 56.1% |
| Amounts payable within one year42/48 | €1,270 | €4,020 | €4,106 | €2,196 | €2,440 | €13,595 | €15,583 | €39,445 | ▲ 153% |
| Trade debts44 | €20 | €125 | €74 | €20 | €2,375 | €7,486 | €13,883 | €27,023 | ▲ 94.6% |
| Suppliers440/4 | - | - | - | €20 | €2,375 | €7,486 | €13,883 | €27,023 | ▲ 94.6% |
| Taxes, remuneration and social security45 | - | - | - | €117 | €65 | €6,109 | €1,208 | €12,102 | ▲ 902% |
| Taxes450/3 | - | - | - | €117 | €65 | €6,109 | €1,208 | €12,102 | ▲ 902% |
| Other amounts payable47/48 | - | - | - | €2,059 | - | - | €491 | €320 | ▼ 34.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €87,621 | €74,356 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,257 | -€2,837 | -€32 | €2,660 | -€977 | €17,082 | €39,118 | €79,271 | ▲ 103% |
| + Depreciation and write-downs630 | - | - | - | - | - | €156 | €679 | €1,591 | ▲ 134% |
| Operating cash flow (approximation) | €16,257 | -€2,837 | -€32 | €2,660 | -€977 | €17,238 | €39,796 | €80,861 | ▲ 103% |
| Investment in fixed assets (approximation) | - | - | - | - | - | - | -€1,728 | -€7,434 | ▼ 330% |
| Change in cash | - | €100 | -€95 | €708 | -€508 | €73,719 | €45,927 | -€9,046 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as JDChâssis has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of JDChâssis itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for JDChâssis. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-05-2026 | 2026-00107661 | |
| 31-12-2024 | micro format | 15-05-2025 | 2025-00097015 | |
| 31-12-2023 | micro format | 28-05-2024 | 2024-00098263 | |
| 31-12-2022 | micro format | 01-06-2023 | 2023-00103324 | |
| 31-12-2021 | micro format | 25-06-2022 | 2022-20092857 | |
| 31-12-2020 | micro format | 24-06-2021 | 2021-23800352 | |
| 31-12-2019 | micro format | 22-06-2020 | 2020-18900040 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-34800479 | |
| 31-12-2017 | micro format | 23-08-2018 | 2018-49300028 | |
| 31-12-2016 | micro format | 18-07-2017 | 2017-33600013 |