Equity
€14,993 ▲ 87.3%
JDM Construct paid out €1,190 in dividends. That is 15% of the 2025 profit.
JDM Construct
Overview
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% · 35,156 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.
Credit check for an amount and term of your choice
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.
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 35156 sector peers (2025).
NBB · sector comparisonPosition among 35156 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
Annual accounts 2025
- €28,375▲ 191%
- ≈ €170,000estimated
- €8,178▲ 13.1%
- €14,993▲ 87.3%
- €96,156▲ 7.5%
- Filing
- Filed on 31-08-2026
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 35,156 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.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€28,375
▲ 191%
€15,131
▲ 65.4%
€8,178
▲ 13.1%
-€52,179
▲ €16,618
15.6%
▲ 6.6 percentage points
0.35
▲ 0.20
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €130,000 and €290,000.
Balance sheet
balance sheet total €96,156 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
15.6%
Higher than 18% of 35,156 companies in 2025.
0.35
Lower than 95% of 34,529 companies in 2025.
8.5%
Higher than 54% of 34,730 companies in 2025.
JDM Construct
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
96,156 | 89,429 | |
21/28 |
67,989 | 77,468 | |
21 |
53,984 | 59,984 | |
22/27 |
14,005 | 17,484 | |
23 |
666 | 999 | |
24 |
13,339 | 16,485 | |
29/58 |
28,167 | 11,961 | |
40/41 |
15,628 | 4,367 | |
40 |
10,135 | 3,136 | |
41 |
5,492 | 1,232 | |
54/58 |
12,085 | 7,594 | |
490/1 |
455 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
96,156 | 89,429 | |
10/15 |
14,993 | 8,005 | |
10/11 |
2,000 | 2,000 | |
14 |
12,993 | 6,005 | |
17/49 |
81,163 | 81,424 | |
42/48 |
80,347 | 80,759 | |
42 |
13,027 | - | |
43 |
57,160 | - | |
430/8 |
57,160 | - | |
44 |
6,400 | 5,723 | |
440/4 |
6,400 | 5,723 | |
45 |
2,569 | 2,316 | |
450/3 |
2,569 | 2,316 | |
47/48 |
1,190 | 72,720 | |
492/3 |
817 | 665 | |
| Income statement | |||
9900 |
28,375 | 9,756 | |
630 |
12,125 | 32 | |
640/8 |
1,120 | 573 | |
9901 |
15,131 | 9,150 | |
75/76B |
86 | - | |
75 |
86 | - | |
65/66B |
4,470 | 16 | |
65 |
2,318 | 16 | |
66B |
2,153 | - | |
9903 |
10,747 | 9,134 | |
67/77 |
2,569 | 1,902 | |
9904 |
8,178 | 7,232 | |
9905 |
8,178 | 7,232 | |
| Appropriation of the result | |||
9906 |
14,183 | 7,232 | |
14P |
6,005 | - | |
694/7 |
1,190 | 1,227 | |
694 |
1,190 | 1,227 | |
| Document | |||
The notes to these accounts have 8 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 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00487536.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 27,255 | 9,183 | ||
| 20,302 | 7,265 | ||
| 2,646 | 77,500 | ||
| 4,491 | - | ||
| -52,179 | -68,797 | ||
| 15.6% | 9.0% | ||
| 0.35 | 0.15 | ||
| 5.41 | 10.17 | ||
| 54.5% | 90.3% | ||
| 8.5% | 8.1% | ||
| 11.76 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €2,646 | €17,500 |
| Intangible fixed assets | - | €60,000 |
| €12,125 | €32 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on JDM Construct
The operating result for 2025 is 65% higher than in 2024.
Debt's share of the balance-sheet total falls from 91.0% to 84.4%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 23-07-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 25-07-2024
Mandates through the years
1 name, the dashed line is todayDE MEYER Jeroen
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DE MEYER Jeroen
- Director (not named in the articles), from 23-07-2024 to date
Control
Founders
DE MEYER Jeroen, DERIEUW Annika
This company
JDM Construct
Equity €14,993
Profit €8,178 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €150 in 2025
- Source
- deed of 25-07-2024
Articles of association
deed of 25-07-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 19:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie aangewezen als vereffenaar(s)…”
Founders
At incorporation
deed of 25-07-2024 ↗
- DE MEYER Jeroen founder
- DERIEUW Annika founder
Network & group
No group
JDM Construct has no parent and no holdings in its annual accounts. DE MEYER Jeroen is the only director. JDM Construct shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Annual accounts 2024 filed NBBmicro format · 8 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011845404
2024
IncorporationFounding capital of €2,000, 100 shares · Founders: DE MEYER Jeroen and DERIEUW Annika · Appointment: DE MEYER Jeroen (director) · published on 25-07-20244 points ▸
- Founder, DE MEYER Jeroen
- Founder, DERIEUW Annika
- Founding capital, €2,000, 100 shares
- Director appointment, DE MEYER Jeroen (director (not named in the articles))
- The deed holds 3 more points.
First establishment Lindenbergstraat (App) 5, Ninove
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 23 July 2024, JDM Construct was incorporated as a private limited company by two natural persons, with a starting capital of €2,000.12 DE MEYER Jeroen has served as director since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1011.845.404
- VAT number
- BE 1011.845.404
- Peppol ID
- 0208:1011845404
- Other Peppol ID
- 9925:BE1011845404
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-07-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 19:00deed of 25-07-2024 (in Dutch)
- Peppol
- Reachable since 17-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- JDM Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-07-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 25-07-2024 (in Dutch)
Activities
NACEBEL 202543320
Joinery installation main activity
Codes under NACEBEL 2008
43320
Joinery installation main activity
46731
Wholesale trade
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Aankoop en verkoop van ramen; Werken in onroerende staat; Schrijnwerk; Bemiddeling in de aankoop van ramen; Het aanleggen, het oordeelkundig…”deed of 25-07-2024 (in Dutch)
5 activities
- Aankoop en verkoop van ramen
- Werken in onroerende staat
- Schrijnwerk
- Bemiddeling in de aankoop van ramen
- Het aanleggen, het oordeelkundig uitbouwen en het beheren van een onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Lindenbergstraat (App) 5 registered office 9400 Ninove | 23-07-2024 | 2.363.106.278 |
Buildings and parcels at the address
- Ground area
- 225 m²
- Buildings
- 73 m²
- Volume, LiDAR
- 519 m³
- Tallest building
- 10.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41003B1212/00S000 | 225 m² | 1 · 73 m² | 10.5 m · 2 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
Contact
E-mail
jdmconstruct86@gmail.com establishment in Ninove
Phone
+32 495 78 60 85 establishment in Ninove
Invoicing and payment
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 1011.845.404