Equity
JDW+ has made a profit in every financial year since 2020.
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JDW+ has made a profit in every financial year since 2020.
The accounts state no turnover.
Of this, €80,367 falls due within a year.
Green is investment, beige is depreciation.
The last five annual accounts were filed 34 to 53 days before the end of the period.
More equity than 84% of companies in civil engineering. Sector median €54,526 · 1,264 companies.
In July 2024, 2,372 companies had the same profile as JDW+ has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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 2,372 companies, not a prediction for JDW+. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| JDW+ Mol | €631,669 | €87,719 | 29.9% | - |
| Ets HENROTTE Yannick Herstal | €698,353 | €84,479 | 9.9% | - |
| KVR Hulshout | €497,214 | €78,431 | 24.0% | - |
| MAIA & FERREIRA Malle | €753,595 | €92,382 | 44.9% | - |
| Borremans J Westerlo | €373,224 | €100,640 | 6.8% | - |
| RS Bestratingen Vosselaar | €361,419 | €102,433 | 17.8% | - |
| Larmit Infra Baarle-Hertog | €937,288 | €131,858 | 59.6% | 0 |
These companies have the same main activity as JDW+: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €361,000 and €937,000, founded between 2017 and 2020.
JDW+ files the micro format. That format states no turnover. The gross margin fell from €173,019 in 2020 to €87,719 in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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