Turnover
≈ €160,000 estimated
The micro format states no turnover.
JDW Construct
Overview
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.
Financials
Annual accounts 2025
micro format, filed on 30-08-2026, 30 days late€25,061
€17,933
€13,278
€4,652
42.1%
1.25
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 ≈ €160,000. Estimated: probably between €100,000 and €270,000.
Balance sheet
balance sheet total €34,606 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
42.1%
Higher than 45% of 35,136 companies in 2025.
1.25
Higher than 31% of 34,510 companies in 2025.
38.4%
Higher than 91% of 34,711 companies in 2025.
JDW 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: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
34,606 | |
21/28 |
11,384 | |
22/27 |
11,384 | |
24 |
11,384 | |
29/58 |
23,222 | |
40/41 |
16,568 | |
40 |
13,919 | |
41 |
2,649 | |
54/58 |
6,654 | |
| Balance sheet: equity and liabilities | ||
10/49 |
34,606 | |
10/15 |
14,578 | |
10/11 |
3,000 | |
13 |
11,000 | |
133 |
11,000 | |
14 |
578 | |
17/49 |
20,028 | |
42/48 |
18,570 | |
44 |
10,026 | |
440/4 |
10,026 | |
45 |
5,826 | |
450/3 |
5,826 | |
47/48 |
2,717 | |
492/3 |
1,458 | |
| Income statement | ||
9900 |
25,061 | |
630 |
5,716 | |
640/8 |
1,412 | |
9901 |
17,933 | |
75/76B |
115 | |
75 |
115 | |
65/66B |
69 | |
65 |
69 | |
9903 |
17,979 | |
67/77 |
4,701 | |
9904 |
13,278 | |
9905 |
13,278 | |
| Appropriation of the result | ||
9906 |
13,278 | |
691/2 |
11,000 | |
6921 |
11,000 | |
694/7 |
1,700 | |
694 |
1,700 | |
| Document | ||
The notes to these accounts have 5 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 30-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00453359.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-08-2026 | 2026-00453359 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 23,649 | ||
| 18,994 | ||
| 17,100 | ||
| 4,652 | ||
| 42.1% | ||
| 1.25 | ||
| 1.37 | ||
| 91.1% | ||
| 38.4% | ||
| 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 |
|---|---|
| Tangible fixed assets | €17,100 |
| €5,716 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on JDW Construct
Debt's share of the balance-sheet total is 57.9%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 25-09-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 30-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 30-09-2024
Mandates through the years
1 name, the dashed line is todayDE WAELE Jonathan Rita Antoine
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DE WAELE Jonathan Rita Antoine
- Director (not named in the articles), from 25-09-2024 to date
Control
Founder
This company
JDW Construct
Equity €14,578
Profit €13,278 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €146 in 2025
- Source
- deed of 30-09-2024
Articles of association
deed of 30-09-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Inbreng in geld met uitgifte nieuwe aandelen-Recht van voorkeur, ten minste vijftien dagen te rekenen van dag openstelling intekening”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 20:00
Founder
At incorporation
deed of 30-09-2024 ↗
- DE WAELE Jonathan Rita Antoine sole founder · 100% at incorporation
Network & group
No group
JDW Construct has no parent and no holdings in its annual accounts. DE WAELE Jonathan Rita Antoine is the only director. JDW Construct shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 30 days late
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014203294
IncorporationFounding capital of €3,000, 100 shares · Founder: DE WAELE Jonathan Rita Antoine (partner) · Appointment: DE WAELE Jonathan Rita Antoine (director) · published on 30-09-20244 points ▸
- Founder, DE WAELE Jonathan Rita Antoine (partner)
- Founding capital, €3,000, 100 shares
- Board rule, 1
- Director appointment, DE WAELE Jonathan Rita Antoine (director (not named in the articles))
- The deed holds 1 more point.
First establishment Kraaienakker 7B, Maldegem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1014.203.294
- VAT number
- BE 1014.203.294
- Peppol ID
- 0208:1014203294
- Other Peppol ID
- 9925:BE1014203294
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-09-2024
- 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 20:00deed of 30-09-2024 (in Dutch)
- Peppol
- Reachable since 17-10-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- JDW Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-09-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- JDW Constructdeed of 30-09-2024 (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.
- “Kraaienakker 7B, 9991 Maldegem (Adegem)”deed of 30-09-2024 (in Dutch)
Activities
NACEBEL 202543410
Roofing work main activity
Codes under NACEBEL 2008
43910
Specialised construction activities main activity
43211
Specialised construction activities
43212
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Elektrotechnische installatiewerken,installatie van elektrische bedrading en toebehoren,bedrading voor telefooninstallaties en van…”deed of 30-09-2024 (in Dutch)
19 activities
- Elektrotechnische installatiewerken,installatie van elektrische bedrading en toebehoren,bedrading voor telefooninstallaties en van elektrische verwarmingsinstallaties
- Het installeren van industriële machines,toestellen en werktuigen,het installeren van hulpvoedingssystemen,elektrische verwarmingsinstallaties,elektrische bedrading en toebehoren
- Het uitvoeren van elektrotechnische installatiewerken
- Dakwerkzaamheden,waaronder de bouw van daken,het plaatsen van dakbedekking van ongeacht welk materiaal,het plaatsen van dakgoten en regenafvoerbuizen,het waterdicht maken van daken en dakterrassen
- Het ondernemen van alle openbare en private bouwwerken en activiteiten met betrekking tot de bouwsector in het algemeen,onder meer de grondwerken en braakwerken,de ruwbouw,de algemene bouwwerkzaamheden,het schrijnwerk,de voegwerken en pleisterwerken,het dakdekken en isoleren,het schilderen,de sanitaire installaties,het plaatsen van vloertegels en wandtegels,elektriciteitswerkzaamheden en ook de uitvoering van alle montage en constructiewerken
- Het vervaardigen en monteren van metalen constructiewerken en staalconstructies,gebinten voor de bouw,metalen ramen,deuren en wanden en kleine artikelen van metaal
- Algemene metaalbewerking
- Boren,draaien,frezen,vonkerosief bewerken,schaven,lappen,tekfrezen,vlakken,zagen,slijpen,lassen,enz.van metalen stukken
- De groot- en kleinhandel in alle materialen,grondstoffen,benodigdheden en werktuigen in verband met deze bedrijvigheden
- Aan- en verkoop en verhuur van allerhande werktuigen
- De groot-,klein- en detailhandel in de ruimste zin van het woord en via alle mogelijke kanalen zoals,maar niet beperkt tot,fysieke verkoop,verkoop vanop afstand,verkoop via dropshipping,enz.
- Verhuur van machines voor de bouwnijverheid met bedieningspersoneel met inbegrip van,maar niet beperkt tot,de activiteiten van machinebestuurder en kraanbestuurder
- Het uitbaten van een garagebedrijf en inzonderheid de herstelling,het onderhoud,de aan- en verkoop van nieuwe en tweedehandsauto’s en motorvoertuigen,moto’s,fietsen,en brommers,en het verhandelen van alle voertuigen en de bijhorigheden die er betrekking op hebben,verhuring en leasing van voertuigen,exploiteren van een handel en import en export van voertuigen en onderdelen en uitvoering van alle carrosseriewerken en -herstellingen
- Het onderhoud van alle rijdend,varend en vliegend materiaal
- Import en export van goederen in de ruimste zin van het woord
- Het wassen en toiletteren van huisdieren
- Het verlenen van dienst- en consultancyprestaties van administratieve,technische,commerciële en bedrijfseconomische aard in de meest uitgebreide betekenis
- Het verlenen van managementactiviteiten en het besturen van andere vennootschappen
- Het verlenen aan bedrijven en particulieren van advies en bijstand en het voeren voor hen van het beleid en het beheer op technisch,commercieel,administratief en bedrijfseconomisch vlak
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kraaienakker 7B registered office 9991 Maldegem | 26-09-2024 | 2.365.159.413 |
Buildings and parcels at the address
- Ground area
- 2,995 m²
- Buildings
- 223 m²
- Volume, LiDAR
- 907 m³
- Tallest building
- 6.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 43001C0033/00M000 | 2,995 m² | 1 · 223 m² | 6.7 m · 1 |
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 1014.203.294