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JDK Afbraakwerken

Active
Private limited companyfounded 20224 yrs activeTorhoutbaan(ICH) 195, 8480 Ichtegem, BelgiumKBO/BCE: BE 0786.393.153

The computed 12-month bankruptcy probability of JDK Afbraakwerken is 2.1% (moderate). The 2025 annual accounts show equity of €262k and a net result of €61k. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 17% of 7778 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
55 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+2
Solvency41▲+5
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.61 in 2024; short-term debt: 23.3% and cash: 6.4% of total assets), and 83.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
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
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.2%
Return on assets
3.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7778 sector peers (2025).
NBB · sector comparison
Position among 7778 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
5 d late
2024
55 d early
2023
58 d early
2022
67 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€262k▲ 30.5%
2024 · €201k
2022: €57k 2023: €173k 2024: €201k
2022 → 2025
Total assets
€1.62M▼ 9.7%
2024 · €1.79M
2022: €547k 2023: €1.06M 2024: €1.79M
2022 → 2025
Net result
€61k▲ 116%
2024 · €28k
2022: €52k 2023: €115k 2024: €28k
2022 → 2025
Working capital
€-144k▲ 2.8%
2024 · €-148k
2022: €-52k 2023: €-137k 2024: €-148k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€57k-€173k▲ 200%€201k▲ 16.5%€262k▲ 30.5%
Operating result€61k-€142k▲ 131%€79k▼ 44.2%€133k▲ 68.8%
Net result€52k-€115k▲ 119%€28k▼ 75.2%€61k▲ 116%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2022: €61k€61kNet result 2022: €52k€52kOperating result 2023: €142k€142kNet result 2023: €115k€115kOperating result 2024: €79k€79kNet result 2024: €28k€28kOperating result 2025: €133k€133kNet result 2025: €61k€61k2022202320242025
The operating result recovers in 2025; 2025 is 69% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets €1.38M▼ 11.4%
Current assets €232k▲ 2.0%
Equity and liabilities €1.62M
Equity €262k▲ 30.5%
Debt €1.35M▼ 14.8%
The debt ratio falls from 88.8% to 83.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€412k
2024 · €361k
Cash flow
€340k
2024 · €311k
Solvency
16.2%
2024 · 11.2%
Current ratio
0.62
2024 · 0.61
Quick ratio
0.62
2024 · 0.61
Debt / equity
5.16
2024 · 7.90
ROE
23.4%
2024 · 14.2%
ROA
3.8%
2024 · 1.6%
Interest coverage
8.01
2024 · 8.26
Debt
€1.35M
2024 · €1.59M
Debt ≤ 1 year
€376k
2024 · €376k
Debt > 1 year
€977k
2024 · €1.21M
Income taxes
€22k
2024 · €7k
Staff costs
€18k
2024 · €18k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.79M€1.62M
Fixed assets21/28€1.56M€1.38M
Tangible fixed assets22/27€1.56M€1.38M
Land and buildings22€564k€543k
Plant, machinery and equipment23€105k€130k
Furniture and vehicles24€893k€711k
Financial fixed assets28€675€675=
Current assets29/58€227k€232k
Amounts receivable within one year40/41€50k€49k
Trade receivables40€17k€17k
Other amounts receivable41€34k€32k
Current investments50/53€49k€72k
Cash at bank and in hand54/58€125k€104k
Deferred charges and accrued income490/1€3k€7k
Equity and liabilities
Total equity and liabilities10/49€1.79M€1.62M
Equity10/15€201k€262k
Contributions10/11€5k€5k=
Reserves13€75k€125k
Distributable reserves133€75k€125k
Profit (loss) carried forward14€121k€132k
Amounts payable17/49€1.59M€1.35M
Amounts payable after more than one year17€1.21M€977k
Financial debts170/4€1.21M€977k
Amounts payable within one year42/48€376k€376k
Current portion of amounts payable after more than one year42€251k€260k
Trade debts44€68k€68k
Suppliers440/4€68k€68k
Taxes, remuneration and social security45€24k€22k
Taxes450/3€22k€19k
Remuneration and social security454/9€2k€3k
Other amounts payable47/48€33k€27k
Income statement Code20242025
Remuneration, social security and pensions62€18k€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€282k€278k
Other operating charges640/8€14k€11k
Non-recurring operating charges66A€9k-
Gross operating margin9900€402k€441k
Operating profit (loss)9901€79k€133k
Financial income75/76B€681€2k
Recurring financial income75€681€2k
Financial charges65/66B€44k€51k
Recurring financial charges65€44k€51k
Profit (loss) for the period before taxes9903€36k€83k
Income taxes67/77€7k€22k
Profit (loss) for the period9904€28k€61k
Profit (loss) for the period to be appropriated9905€28k€61k
Appropriation of the result
Profit (loss) to be appropriated9906€146k€182k
Profit (loss) brought forward from the previous period14P€118k€121k
Transfer to equity691/2€25k€50k
To other reserves6921€25k€50k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
06-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €28k ▼75.2%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200kEq €201k ▲16.5%
3 profitable years in a row build equity to €201k.
03-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2022net €115k ▲119%
Operating result €142k, net result €115k, both a record.
31-12
Financial Equity above €150kEq €173k ▲200%
2 profitable years in a row build equity to €173k.
25-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
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, Ichtegem · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Torhoutbaan(ICH) 1958480 Ichtegem
Ground area
3,550 m²
Building footprint
516 m²
Volume, LiDAR
1,961 m³
2 parcels, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JDK Afbraakwerken
Konijnenboslaan 12, 8470 GistelManufacture of fabricated metal products, except machinery and equipment
since 20222.331.556.732
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35005D0782/00V000 Flanders 2,016 m² 1 · 319 m² 4.7 m · 1 fl.
35006D1594/00D000 Flanders 1,534 m² 1 · 197 m² 8.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

1 category
JDK Afbraakwerken BV44893
category G5, class 1
decision 02-04-2025

Similar companies · same sector, comparable size

Of 1,365 companies in sector 43110 we hold annual accounts for 632. 477 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-05-2022
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.