Turnover
≈ €160,000 estimated
The micro format states no turnover.
JDW Construct
Lifetime
1 annual account with figurespeak €25,061 (2025)
€25,061
peak €13,278 (2025)
€13,278
peak €14,578 (2025)
€14,578
€20,028
Board1 name since 2024
1 directorDE WAELE Jonathan Rita Antoine
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Dividend €1,700First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 100 shares
2025 accounts filed 30 days after the deadline
Checked score
64
Healthy
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 1.9%
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 2.3%▲ +0.4 percentage points vs 12-2025
02-2026: 2.4%▲ +0.1 percentage points vs 01-2026
03-2026: 2.7%▲ +0.3 percentage points vs 02-2026
04-2026: 2.7%● unchanged vs 03-2026
05-2026: 3.0%▲ +0.3 percentage points vs 04-2026
06-2026: 3.0%● unchanged vs 05-2026
07-2026: 2.9%▼ -0.1 percentage points vs 06-2026
08-2026: 3.2%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 1.5%▼ -1.7 percentage points vs 08-2026lowest value
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €34,606
Last filed accounts filed 30 days late
lowers risk
Liquidity: current ratio 1.25, cash €6,654
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 45% of them on solvency, 38% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 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, 39,278 companies had the same profile as JDW Construct has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JDW Construct itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for JDW 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 tight, with a current ratio of 1.25, below the usual 1.5. Short-term debt is 53.7% and cash 19.2% of total assets. 57.9% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 1 filingDeviation from the deadline
2025
30 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014203294
Incorporation
Founding capital of €3,000, 100 shares · Founder: DE WAELE Jonathan Rita Antoine (partner) · Appointment: DE WAELE Jonathan Rita Antoine (director) · published on 30-09-2024 · Gazette deed
First establishment
Kraaienakker 7B, Maldegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JDW Construct Maldegem | €34,606 | €25,061 | 42.1% | - |
| NM QUALITY Tienen | €35,965 | €26,930 | 63.3% | - |
| Superralf Kasterlee | €30,709 | €23,981 | 70.2% | - |
| VST-Projects Zonhoven | €32,261 | €21,744 | 44.3% | - |
| CETINDAK Genk | €39,656 | €24,663 | 57.9% | - |
| Dakconstruct Laenens Leopoldsburg | €28,893 | €26,557 | 78.6% | - |
| Dakwerken Matthys Chris Wetteren | €33,608 | €22,004 | 44.7% | - |
These companies have the same main activity as JDW Construct: roofing work (NACE 43410). They are comparable in size and age: total assets between €28,900 and €39,700, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 26-09-2024Normal situation
- Activity
- Roofing workNACE 43410and 2 others
- Establishment unit
- 2.365.159.4139991 Maldegem, since 26-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 17-10-2024
Insights on JDW Construct
The computed 12-month bankruptcy probability of JDW Construct is 1.5% (moderate). The 2025 annual accounts show equity of €14,578 and a net result of €13,278.
Its solvency ranks better than 45% 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 JDW Construct
- What is the company number of JDW Construct?
- The company number of JDW Construct is 1014.203.294. The VAT number is the same number with BE in front: BE 1014.203.294.
- Where is JDW Construct based?
- The registered office is at Kraaienakker 7B, 9991 Maldegem.Company details
- What does JDW Construct do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of JDW Construct?
- JDW Construct is a private limited company (BV).
- When was JDW Construct founded?
- JDW Construct was founded on 26-09-2024.
- Is JDW Construct still active?
- Yes, JDW Construct is an active enterprise in the KBO register.
- What is the turnover of JDW Construct?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €25,061 and 353 comparable companies (NACE 43). It probably lies between €100,000 and €270,000.Financials
- Is JDW Construct profitable?
- In financial year 2025, JDW Construct made a profit of €13,278.
- Where can I find the annual accounts of JDW Construct?
- JDW Construct filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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