Equity
€14,993 ▲ 87.3%
JDM Construct paid out €1,190 in dividends. That is 15% of the 2025 profit.
JDM Construct
Lifetime
2 annual accounts with figures on one time axispeak €28,375 (2025)
€28,375▲ 191%
peak €8,178 (2025)
€8,178▲ 13.1%
peak €14,993 (2025)
€14,993▲ 87.3%
€81,163▼ 0.3%
Board1 name since 2024
1 directorDE MEYER Jeroen
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €9,756 to €28,375Dividend €1,190Equity from €8,005 to €14,993Cash from €7,594 to €12,085
Key points
from the 2025 annual accountsDebts
€81,163 84% of the balance sheet
Financial debts 70%Suppliers 8%Taxes and wages 3%Other 19%
Of this, €80,347 falls due within a year.
Position in the sector
15.6%
Lower solvency than 81% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
2025 accounts filed 31 days after the deadline
Checked score
51
Fair
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 2.0%lowest value
09-2025: 2.0%● unchanged vs 08-2025lowest value
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.3%▲ +0.3 percentage points vs 10-2025
12-2025: 2.4%▲ +0.1 percentage points vs 11-2025
01-2026: 2.4%● unchanged vs 12-2025
02-2026: 2.4%● unchanged vs 01-2026
03-2026: 2.6%▲ +0.2 percentage points vs 02-2026
04-2026: 2.8%▲ +0.2 percentage points vs 03-2026
05-2026: 2.8%● unchanged vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 3.0%▲ +0.2 percentage points vs 06-2026
08-2026: 3.6%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 2.7%▼ -0.9 percentage points vs 08-2026
10-2026: 2.7%● unchanged vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Equity €14,993 (15.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 18% of them on solvency, 11% on liquidity, 58% on profitability and 90% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as JDM Construct has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JDM Construct itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,448 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 7,976 companies, not a prediction for JDM Construct. 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.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.35 (0.15 in 2024), below 1. Short-term debt is 83.6% and cash 12.6% of total assets. 84.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 18%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
31 days late
2024
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 12 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE MEYER Jeroen founderdeed of 25-07-2024
- DERIEUW Annika founderdeed of 25-07-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011845404
Incorporation
Founding capital of €2,000, 100 shares · Founders: DE MEYER Jeroen and DERIEUW Annika · Appointment: DE MEYER Jeroen (director) · published on 25-07-2024 · Gazette deed
First establishment
Lindenbergstraat (App) 5, Ninove
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JDM Construct Ninove | €96,156 | €28,375 | 15.6% | - |
| JVL atelier Kapellen | €99,605 | €28,703 | 17.1% | - |
| LEFRANC BRYAN Chièvres | €109,143 | €26,140 | 31.0% | - |
| Woodwork Ghyselen Bram Menen | €90,059 | €33,199 | 35.8% | - |
| ATELIER16 DESIGN Liège | €94,223 | €27,063 | 10.1% | - |
| CS Woodprojects Westerlo | €85,459 | €28,809 | 64.9% | - |
| DK Woodworks Houthulst | €109,162 | €24,847 | 34.3% | - |
These companies have the same main activity as JDM Construct: joinery installation (NACE 43320). They are comparable in size and age: total assets between €85,500 and €109,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 23-07-2024Normal situation
- Activity
- Joinery installationNACE 43320and 1 other
- Establishment unit
- 2.363.106.2789400 Ninove, since 23-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2025
Insights on JDM Construct
The computed 12-month bankruptcy probability of JDM Construct is 2.7% (moderate). The 2025 annual accounts show equity of €14,993 and a net result of €8,178.
Its solvency ranks better than 18% of 35,136 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JDM Construct
- What is the company number of JDM Construct?
- The company number of JDM Construct is 1011.845.404. The VAT number is the same number with BE in front: BE 1011.845.404.
- Where is JDM Construct based?
- The registered office is at Lindenbergstraat (App) 5, 9400 Ninove.Company details
- What does JDM Construct do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of JDM Construct?
- JDM Construct is a private limited company (BV).
- When was JDM Construct founded?
- JDM Construct was founded on 23-07-2024.
- Is JDM Construct still active?
- Yes, JDM Construct is an active enterprise in the KBO register.
- What is the turnover of JDM Construct?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €28,375 and 32 comparable companies (NACE 43320). It probably lies between €130,000 and €290,000.Financials
- Is JDM Construct profitable?
- In financial year 2025, JDM Construct made a profit of €8,178.
- Where can I find the annual accounts of JDM Construct?
- JDM Construct filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JDM Construct due?
- JDM Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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