Equity
Debts exceed assets in financial year 2026.
Debts exceed assets in financial year 2026.
Lower solvency than 95% of companies in specialised construction. Sector median 49.4% · 1,242 companies.
In July 2024, 2,795 companies had the same profile as JDK - Engineering has now. Each dot stands for 7 companies, two years later.
Another 1.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,795 companies, not a prediction for JDK - Engineering. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| JDK - Engineering Aalter | €440,709 | -€1,329 | -13.3% | - |
| Vervynckt Electro Aalter | €405,706 | -€3,490 | 93.8% | - |
| Industrial Maintenance Maldegem | €403,753 | -€29,524 | 38.9% | - |
| MAES Genk | €399,954 | -€112,204 | -4.7% | 1 |
| M.E.S. Menen | €422,719 | -€16,073 | -47.1% | - |
| INDUSTRIELE TECHNIEKEN EN AUTOMATISERING Oudsbergen | €464,143 | -€6,743 | 91.9% | - |
| SECURELEC VAN DEN BERGE Oosterzele | €389,642 | -€6,425 | 94.2% | - |
These companies have the same main activity as JDK - Engineering: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €390,000 and €464,000, founded between 1992 and 2001.
JDK - Engineering files the micro format. That format states no turnover. The gross margin rose from -€1,892 in 2007 to -€1,329 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 9% of 37,240 companies in 2025.
Lower than 95% of 36,534 companies in 2025.
Higher than 29% of 36,769 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
440,709 | 469,606 | 464,132 | 459,226 | 499,183 | 518,702 | 511,163 | 502,689 | 489,762 | 595,094 | 19,525 | 19,723 | 19,593 | 19,300 | 19,798 | 19,275 | 19,444 | 18,823 | 33,626 | |
21/28 |
366,361 | 390,045 | 413,729 | 437,414 | 434,688 | 453,238 | 475,470 | 475,012 | 486,165 | 466,187 | - | - | - | - | - | - | - | - | - | |
22/27 |
366,361 | 390,045 | 413,729 | 437,414 | 434,688 | 453,238 | 475,470 | 475,012 | 486,165 | 466,187 | - | - | - | - | - | - | - | - | - | |
22 |
366,361 | 390,045 | 413,729 | 437,414 | 434,688 | 453,238 | 475,470 | 475,012 | 486,165 | 466,187 | - | - | - | - | - | - | - | - | - | |
29/58 |
74,348 | 79,561 | 50,402 | 21,813 | 64,494 | 65,464 | 35,694 | 27,676 | 3,598 | 128,907 | 19,525 | 19,723 | 19,593 | 19,300 | 19,798 | 19,275 | 19,444 | 18,823 | 33,626 | |
3 |
- | - | - | - | - | - | - | - | - | - | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | 18,300 | |
40/41 |
57,052 | 7,048 | 20,747 | 20,747 | - | - | - | - | - | 97,587 | 1,128 | 1,039 | 1,012 | 923 | 835 | 931 | 729 | 336 | 12,518 | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 134 | - | - | 12,451 | |
41 |
57,052 | 7,048 | 20,747 | 20,747 | - | - | - | - | - | 97,587 | 1,128 | 1,039 | 1,012 | 923 | 835 | 797 | 729 | 336 | 67 | |
54/58 |
17,295 | 72,513 | 29,655 | 1,066 | 64,494 | 65,464 | 35,694 | 27,676 | 3,598 | 31,320 | 97 | 384 | 281 | 76 | 663 | 44 | 275 | 59 | 2,675 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 141 | 129 | 133 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
440,709 | 469,606 | 464,132 | 459,226 | 499,183 | 518,702 | 511,163 | 502,689 | 489,762 | 595,094 | 19,525 | 19,723 | 19,593 | 19,300 | 19,798 | 19,275 | 19,444 | 18,823 | 33,626 | |
10/15 |
-58,795 | -31,257 | -36,996 | -43,778 | -53,110 | -62,424 | -71,271 | -81,689 | -93,200 | -90,662 | -87,548 | -86,350 | -85,139 | -83,950 | -82,771 | -82,394 | -81,175 | -77,339 | -74,880 | |
10/11 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
11 |
- | - | - | - | - | 6,197 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 6,197 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-64,992 | -37,454 | -43,193 | -49,976 | -59,307 | -68,621 | -77,468 | -87,886 | -99,397 | -96,859 | -93,745 | -92,548 | -91,337 | -90,147 | -88,969 | -88,591 | -87,372 | -83,536 | -81,077 | |
17/49 |
499,504 | 500,863 | 501,128 | 503,004 | 552,292 | 581,126 | 582,434 | 584,377 | 582,962 | 685,756 | 107,073 | 106,073 | 104,732 | 103,249 | 102,569 | 101,669 | 100,619 | 96,162 | 108,507 | |
17 |
- | - | - | - | - | - | - | - | - | 100,000 | - | - | - | - | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | 100,000 | - | - | - | - | - | - | - | - | - | |
42/48 |
499,504 | 500,863 | 501,128 | 503,004 | 552,292 | 581,126 | 582,434 | 584,377 | 582,962 | 585,290 | 107,073 | 106,073 | 104,732 | 103,069 | 102,569 | 101,669 | 100,619 | 96,162 | 108,507 | |
44 |
- | 509 | 404 | 2,217 | 2,330 | 1,264 | 1,282 | 1,715 | 839 | 4,421 | 454 | 454 | 363 | - | - | - | - | 93 | 24,748 | |
440/4 |
- | 509 | 404 | 2,217 | 2,330 | 1,264 | 1,282 | 1,715 | 839 | 4,421 | 454 | 454 | 363 | - | - | - | - | 93 | 24,748 | |
45 |
- | 1,254 | 1,624 | 1,688 | 1,609 | 1,508 | 213 | 1,733 | 1,254 | - | - | - | - | - | - | - | - | - | - | |
450/3 |
- | 1,254 | 1,624 | 1,688 | 1,609 | 1,508 | 213 | 1,733 | 1,254 | - | - | - | - | - | - | - | - | - | - | |
47/48 |
499,504 | 499,100 | 499,100 | 499,100 | 548,353 | 578,353 | 580,939 | 580,929 | 580,869 | 580,869 | 106,619 | 105,619 | 104,369 | 103,069 | 102,569 | 101,669 | 100,619 | 96,069 | 83,759 | |
492/3 |
- | - | - | - | - | - | - | - | - | 466 | - | - | - | 180 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
9900 |
-1,329 | 31,872 | 32,936 | 34,031 | 33,852 | 33,334 | 34,164 | 33,221 | 20,718 | -1,966 | -521 | -521 | -518 | -514 | 285 | -553 | -872 | -1,236 | -1,892 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 514 | - | - | - | - | - | |
630 |
23,684 | 23,684 | 23,684 | 22,548 | 22,316 | 22,232 | 22,232 | 21,098 | 20,600 | - | - | - | - | - | - | - | - | - | - | |
640/8 |
2,495 | 2,420 | 2,445 | 2,128 | 2,198 | 2,234 | 2,069 | 588 | 640 | 638 | 672 | 672 | 650 | 646 | 642 | 641 | 900 | 1,054 | 1,052 | |
9901 |
-27,508 | 5,768 | 6,806 | 9,355 | 9,338 | 8,868 | 9,863 | 11,536 | -522 | -2,604 | -1,193 | -1,193 | -1,168 | -1,160 | -358 | -1,194 | -1,771 | -2,290 | -2,944 | |
75/76B |
- | - | - | - | - | - | 572 | - | 30 | - | - | - | - | - | - | - | 93 | 1 | 0 | |
75 |
- | - | - | - | - | - | 572 | - | 30 | - | - | - | - | - | - | - | 93 | 1 | 0 | |
65/66B |
30 | 29 | 24 | 24 | 23 | 21 | 17 | 25 | 2,046 | 510 | 4 | 18 | 22 | 18 | 19 | 25 | 17 | 169 | 6,148 | |
65 |
30 | 29 | 24 | 24 | 23 | 21 | 17 | 25 | 2,046 | 510 | 4 | 18 | 22 | 18 | 19 | 25 | 17 | 169 | 6,148 | |
9903 |
-27,538 | 5,739 | 6,782 | 9,331 | 9,314 | 8,847 | 10,418 | 11,511 | -2,538 | -3,114 | -1,198 | -1,211 | -1,190 | -1,178 | -377 | -1,219 | -1,696 | -2,458 | -9,092 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |
9904 |
-27,538 | 5,739 | 6,782 | 9,331 | 9,314 | 8,847 | 10,418 | 11,511 | -2,538 | -3,114 | -1,198 | -1,211 | -1,190 | -1,178 | -377 | -1,219 | -1,696 | -2,458 | -9,092 | |
9905 |
-27,538 | 5,739 | 6,782 | 9,331 | 9,314 | 8,847 | 10,418 | 11,511 | -2,538 | -3,114 | -1,198 | -1,211 | -1,190 | -1,178 | -377 | -1,219 | -1,696 | -2,458 | -9,092 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-64,992 | -37,454 | -43,193 | -49,976 | -59,307 | -68,621 | -77,468 | -87,886 | -99,397 | -96,859 | -93,745 | -92,548 | -91,337 | -90,147 | -88,969 | -88,591 | -87,372 | -83,536 | -81,077 | |
14P |
-37,454 | -43,193 | -49,976 | -59,307 | -68,621 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 6 older financial years (2001-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 30-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 30-10-2026 | 2026-00595711 | |
| 31-03-2025 | micro format | 30-10-2025 | 2025-00563839 | |
| 31-03-2024 | micro format | 29-10-2024 | 2024-00528997 | |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00499952 | |
| 31-03-2022 | micro format | 06-10-2022 | 2022-20455577 | |
| 31-03-2021 | micro format | 26-10-2021 | 2021-74900294 | |
| 31-03-2020 | micro format | 30-11-2020 | 2020-74500293 | |
| 31-03-2019 | micro format | 27-11-2019 | 2019-74600250 | |
| 31-03-2018 | micro format | 02-10-2018 | 2018-67200037 | |
| 31-03-2017 | micro format | 31-10-2017 | 2017-68500349 | |
| 31-03-2016 | abbreviated format | 30-11-2016 | 2016-68700455 | |
| 31-03-2015 | abbreviated format | 30-11-2015 | 2015-68000545 | |
| 31-03-2014 | abbreviated format | 28-11-2014 | 2014-68100348 | |
| 31-03-2013 | abbreviated format | 24-10-2013 | 2013-64300106 | |
| 31-03-2012 | abbreviated format | 30-11-2012 | 2012-65900041 | |
| 31-03-2011 | abbreviated format | 26-09-2011 | 2011-55500454 | |
| 31-03-2010 | abbreviated format | 07-10-2010 | 2010-57400567 | |
| 31-03-2008 | abbreviated format | 29-08-2008 | 2008-68900226 | |
| 31-03-2007 | abbreviated format | 24-10-2007 | 2007-77900283 | |
| 31-03-2006 | abbreviated format | 28-08-2006 | 2006-67001688 | |
| 31-03-2005 | abbreviated format | 28-10-2005 | 2005-83802691 | |
| 31-03-2004 | abbreviated format | 13-10-2004 | 2004-73400571 | |
| 31-03-2003 | abbreviated format | 22-09-2003 | 2003-68203731 | |
| 31-03-2002 | abbreviated format | 11-10-2002 | 2002-65402769 | |
| 31-03-2001 | abbreviated format | 05-11-2001 | 2001-68103821 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3,824 | 29,452 | 30,490 | 31,903 | 31,654 | 31,100 | 32,095 | 32,634 | 20,079 | - | - | - | - | - | - | - | - | - | - | ||
| -3,854 | 29,423 | 30,466 | 31,879 | 31,631 | 31,079 | 32,650 | 32,609 | 18,062 | - | - | - | - | - | - | - | - | - | - | ||
| 0 | 0 | 0 | 25,273 | 3,767 | 0 | 22,689 | 9,947 | 40,578 | 466,187 | - | - | - | - | - | - | - | - | - | ||
| -55,218 | 42,858 | 28,590 | -63,429 | -970 | 29,770 | 8,018 | 24,078 | -27,722 | 31,222 | -287 | 103 | 204 | -587 | 619 | -231 | - | -2,617 | - | ||
| -425,156 | -421,302 | -450,725 | -481,192 | -487,798 | -515,661 | -546,740 | -556,701 | -579,365 | -456,383 | -87,548 | -86,350 | -85,139 | -83,770 | -82,771 | -82,394 | -81,175 | -77,339 | -74,880 | ||
| -13.3% | -6.7% | -8.0% | -9.5% | -10.6% | -12.0% | -13.9% | -16.3% | -19.0% | -15.2% | -448.4% | -437.8% | -434.5% | -435.0% | -418.1% | -427.5% | -417.5% | -410.9% | -222.7% | ||
| 0.15 | 0.16 | 0.10 | 0.04 | 0.12 | 0.11 | 0.06 | 0.05 | 0.01 | 0.22 | 0.18 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.20 | 0.31 | ||
| 0.15 | 0.16 | 0.10 | 0.04 | 0.12 | 0.11 | 0.06 | 0.05 | 0.01 | 0.22 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.14 | ||
| -6.2% | 1.2% | 1.5% | 2.0% | 1.9% | 1.7% | 2.0% | 2.3% | -0.5% | -0.5% | -6.1% | -6.1% | -6.1% | -6.1% | -1.9% | -6.3% | -8.7% | -13.1% | -27.0% | ||
| -127.46 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €25,273 | €3,767 |
| €23,684 | €23,684 | €23,684 | €22,548 | €22,316 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is a loss of €27,508, after a profit of €5,768 in 2025. It is the lowest result since 2007.
Equity is negative. Debt (€499,504) exceeds the balance-sheet total (€440,709).
JDK - Engineering has no parent and no holdings in its annual accounts. is the only director. JDK - Engineering shares no director with another company.
| J.D.K.
registered office since 27-05-1993 · founded in 1993 |
total assets €194,751 (2025) 0450.179.572 |
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oostmolenstraat 103 registered office 9880 Aalter 2521013 Manufacture of fabricated metal products, except machinery and equipment | 18-11-1999 | 2.092.847.056 |
| 23-06-2020 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 22-04-2020 · project 2020043591 | Deinze |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44001B0593/00L000 | 898 m² | 1 · 192 m² | 9.6 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0466.595.437
If something looks wrong or is missing, please tell us.