JDW+
ActiveSummary
The computed 12-month bankruptcy probability of JDW+ is 1.6% (moderate). The 2024 annual accounts show equity of €177,233 and a net result of €737. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 1329 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-11
Solvency59▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.99 in 2023; short-term debt: 14.3% and cash: 10.2% of total assets), but 66.2% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
34 d early
2021
53 d early
2020
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€177,233▲ 0.4%
2023 · €176,496
Total assets
€524,966▲ 3.8%
2023 · €505,963
Net result
€737▼ 98.4%
2023 · €44,980
Working capital
€89,589▼ 5.4%
2023 · €94,682
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€66,006-€69,561▲ 5.4%€32,954▼ 52.6%€55,185▲ 67.5%€9,014▼ 83.7%
Net result€49,301-€51,684▲ 4.8%€25,531▼ 50.6%€44,980▲ 76.2%€737▼ 98.4%
Equity€54,301-€105,985▲ 95.2%€131,516▲ 24.1%€176,496▲ 34.2%€177,233▲ 0.4%
Total assets€221,047-€296,366▲ 34.1%€514,612▲ 73.6%€505,963▼ 1.7%€524,966▲ 3.8%
Debt€166,746-€190,381▲ 14.2%€383,096▲ 101%€329,467▼ 14.0%€347,733▲ 5.5%
Working capital€22,603-€53,141▲ 135%€33,474▼ 37.0%€94,682▲ 183%€89,589▼ 5.4%
Staff (FTE)1.4-2▲ 42.9%1.8▼ 10.0%1▼ 44.4%0.3▼ 70.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Total assets +74% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 84% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €524,966
Fixed assets
€360,399 ▲ 14.0%
Current assets
€164,567 ▼ 13.3%
Equity and liabilities €524,966
Equity
€177,233 ▲ 0.4%
Debt
€347,733 ▲ 5.5%
Debt's share of the balance-sheet total rises from 65.1% to 66.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93,482▼
2023 · €147,724
Cash flow
€85,205▼
2023 · €137,519
Current ratio
2.19▲
2023 · 1.99
Quick ratio
1.07▼
2023 · 1.64
Debt to equity
1.96▲
2023 · 1.87
ROE
0.4%▼
2023 · 25.5%
ROA
0.1%▼
2023 · 8.9%
Interest coverage
12.11▼
2023 · 17.95
Debt ≤ 1 year
€74,978▼
2023 · €95,214
Debt > 1 year
€272,021▲
2023 · €233,754
Income taxes
€558▼
2023 · €1,978
Staff costs
€15,391▼
2023 · €47,303
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,047 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €22,563 | €14,821 | - | - |
| Remuneration, social security and pensions62 | - | €73,739 | €81,543 | €47,303 | €15,391 | ▼ 67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,666 | €41,886 | €70,667 | €92,539 | €84,468 | ▼ 8.7% |
| Other operating charges640/8 | - | €106 | €102 | €132 | €118 | ▼ 10.6% |
| Gross operating margin9900 | €173,019 | €185,292 | €185,266 | €195,159 | €108,991 | ▼ 44.2% |
| Operating profit (loss)9901 | €66,006 | €69,561 | €32,954 | €55,185 | €9,014 | ▼ 83.7% |
| Financial charges65/66B | - | €4,801 | €7,423 | €8,228 | €7,719 | ▼ 6.2% |
| Recurring financial charges65 | €4,026 | €4,801 | €7,423 | €8,228 | €7,719 | ▼ 6.2% |
| Profit (loss) for the period before taxes9903 | €61,980 | €64,759 | €25,531 | €46,957 | €1,295 | ▼ 97.2% |
| Income taxes67/77 | €12,679 | €13,075 | - | €1,978 | €558 | ▼ 71.8% |
| Profit (loss) for the period9904 | €49,301 | €51,684 | €25,531 | €44,980 | €737 | ▼ 98.4% |
| Profit (loss) for the period to be appropriated9905 | €49,301 | €51,684 | €25,531 | €44,980 | €737 | ▼ 98.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €221,047 | €296,366 | €514,612 | €505,963 | €524,966 | ▲ 3.8% |
| Fixed assets21/28 | €141,455 | €192,607 | €389,108 | €316,067 | €360,399 | ▲ 14.0% |
| Tangible fixed assets22/27 | €141,455 | €192,607 | €389,108 | €316,067 | €360,399 | ▲ 14.0% |
| Land and buildings22 | - | €77,776 | €78,600 | €76,485 | €203,420 | ▲ 166% |
| Plant, machinery and equipment23 | - | €20,641 | €152,432 | €120,815 | €85,168 | ▼ 29.5% |
| Furniture and vehicles24 | - | €87,209 | €143,567 | €93,175 | €52,664 | ▼ 43.5% |
| Leasing and similar rights25 | - | €6,980 | €14,509 | €25,592 | €19,147 | ▼ 25.2% |
| Current assets29/58 | €79,591 | €103,759 | €125,505 | €189,897 | €164,567 | ▼ 13.3% |
| Stocks and contracts in progress3 | €3,138 | €3,214 | €8,010 | €34,197 | €84,116 | ▲ 146% |
| Stocks30/36 | - | €3,214 | €8,010 | €34,197 | €84,116 | ▲ 146% |
| Amounts receivable within one year40/41 | €3,870 | €1,925 | €18,660 | €28,613 | €21,782 | ▼ 23.9% |
| Trade receivables40 | - | - | €3,660 | €10,591 | €1,475 | ▼ 86.1% |
| Other amounts receivable41 | - | €1,925 | €15,000 | €18,022 | €20,308 | ▲ 12.7% |
| Cash at bank and in hand54/58 | €68,549 | €93,645 | €90,530 | €120,661 | €53,422 | ▼ 55.7% |
| Deferred charges and accrued income490/1 | - | €4,976 | €8,305 | €6,425 | €5,246 | ▼ 18.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €221,047 | €296,366 | €514,612 | €505,963 | €524,966 | ▲ 3.8% |
| Equity10/15 | €54,301 | €105,985 | €131,516 | €176,496 | €177,233 | ▲ 0.4% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €49,301 | €100,985 | €126,516 | €171,496 | €172,233 | ▲ 0.4% |
| Amounts payable17/49 | €166,746 | €190,381 | €383,096 | €329,467 | €347,733 | ▲ 5.5% |
| Amounts payable after more than one year17 | €108,426 | €138,683 | €290,567 | €233,754 | €272,021 | ▲ 16.4% |
| Financial debts170/4 | - | €138,683 | €290,567 | €233,754 | €272,021 | ▲ 16.4% |
| Amounts payable within one year42/48 | €56,988 | €50,618 | €92,030 | €95,214 | €74,978 | ▼ 21.3% |
| Current portion of amounts payable after more than one year42 | - | €25,078 | €60,858 | €63,481 | €58,165 | ▼ 8.4% |
| Trade debts44 | €11,625 | €566 | €9,617 | €1,450 | €9,066 | ▲ 525% |
| Suppliers440/4 | - | €566 | €9,617 | €1,450 | €9,066 | ▲ 525% |
| Taxes, remuneration and social security45 | - | €9,188 | €8,122 | €15,524 | €2,363 | ▼ 84.8% |
| Taxes450/3 | - | €9,188 | €8,122 | €13,681 | €2,363 | ▼ 82.7% |
| Remuneration and social security454/9 | - | - | - | €1,843 | - | - |
| Other amounts payable47/48 | - | €15,785 | €13,433 | €14,760 | €5,384 | ▼ 63.5% |
| Accrued charges and deferred income492/3 | - | €1,080 | €498 | €499 | €734 | ▲ 47.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,301 | €51,684 | €25,531 | €44,980 | €737 | ▼ 98.4% |
| + Depreciation and write-downs630 | €47,666 | €41,886 | €70,667 | €92,539 | €84,468 | ▼ 8.7% |
| Operating cash flow (approximation) | €96,967 | €93,570 | €96,199 | €137,519 | €85,205 | ▼ 38.0% |
| Investment in fixed assets (approximation) | - | -€93,038 | -€267,168 | -€19,498 | -€128,800 | ▼ 561% |
| Change in cash | - | €25,096 | -€3,115 | €30,132 | -€67,239 | ▼ 323% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €737 ▼98.4%
Net result drops to €737, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €176,496 ▲34.2%
4 profitable years in a row build equity to €176,496.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €51,684 ▲4.8%
Operating result €69,561, net result €51,684, both a record.
31-12
Financial
Equity above €100,000Eq €105,985 ▲95.2%
2 profitable years in a row build equity to €105,985.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Mol · 1 establishment unit since 2019
Ground area
836 m²
Building footprint
634 m²
Volume, LiDAR
2,656 m³
Parcel 13435D0499/00G000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JDW+
since 20192.292.838.785
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435D0499/00G000 | Flanders | 836 m² | 1 · 634 m² | 7.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 117 EUR awarded · 117 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 117 EUR | 117 EUR |
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Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. 782 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43120Site preparation
43990Other specialised construction activities
Contact
E-mail
info@jorisdewit.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0733532608
Also
9925:BE0733532608
Registered
09-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.