JEL-TECHNICS
ActiveSummary
JEL-TECHNICS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €26k. Equity is growing by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 2566 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.21 against 2.7 in 2024; short-term debt: 18.2% and cash: 61.8% of total assets), and 18.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.8%
Return on assets
36.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
43 d early
2024
44 d early
2023
42 d early
2022
on the day
2021
39 d early
2020
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 37.3%
2024 · €42k
2020: €13klowest in 6 years
2021: €18k▲ +33.6% vs 2020
2022: €21k▲ +17.7% vs 2021
2023: €25k▲ +21.9% vs 2022
2024: €42k▲ +64.7% vs 2023
2025: €57k▲ +37.3% vs 2024highest in 6 years
2020 → 2025
Total assets
€70k▲ 13.3%
2024 · €62k
2020: €21klowest in 6 years
2021: €27k▲ +30.0% vs 2020
2022: €28k▲ +4.2% vs 2021
2023: €79k▲ +183% vs 2022highest in 6 years
2024: €62k▼ -22.1% vs 2023
2025: €70k▲ +13.3% vs 2024
2020 → 2025
Net result
€26k▲ 57.3%
2024 · €16k
2020: €10k
2021: €4k▼ -56.5% vs 2020
2022: €3k▼ -29.8% vs 2021lowest in 6 years
2023: €5k▲ +46.1% vs 2022
2024: €16k▲ +260% vs 2023
2025: €26k▲ +57.3% vs 2024highest in 6 years
2020 → 2025
Working capital
€41k▲ 20.1%
2024 · €34k
2020: €13k
2021: €16k▲ +20.8% vs 2020
2022: €12k▼ -22.6% vs 2021
2023: €11k▼ -14.3% vs 2022lowest in 6 years
2024: €34k▲ +221% vs 2023
2025: €41k▲ +20.1% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€21k▲ 17.7%€25k▲ 21.9%€42k▲ 64.7%€57k▲ 37.3%
2021: €18klowest in 5 years
2022: €21k▲ +17.7% vs 2021
2023: €25k▲ +21.9% vs 2022
2024: €42k▲ +64.7% vs 2023
2025: €57k▲ +37.3% vs 2024highest in 5 years
Operating result€7k-€5k▼ 26.6%€6k▲ 29.9%€27k▲ 330%€37k▲ 35.2%
2021: €7k
2022: €5k▼ -26.6% vs 2021lowest in 5 years
2023: €6k▲ +29.9% vs 2022
2024: €27k▲ +330% vs 2023
2025: €37k▲ +35.2% vs 2024highest in 5 years
Net result€4k-€3k▼ 29.8%€5k▲ 46.1%€16k▲ 260%€26k▲ 57.3%
2021: €4k
2022: €3k▼ -29.8% vs 2021lowest in 5 years
2023: €5k▲ +46.1% vs 2022
2024: €16k▲ +260% vs 2023
2025: €26k▲ +57.3% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70k
Fixed assets
€16k ▲ 114%
Current assets
€54k ▼ 0.9%
Equity and liabilities €70k
Equity
€57k ▲ 37.3%
Debt
€13k ▼ 36.6%
Debt's share of the balance-sheet total falls from 32.5% to 18.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40k▲
2024 · €30k
Cash flow
€29k▲
2024 · €19k
Current ratio
4.21▲
2024 · 2.70
Debt to equity
0.22▼
2024 · 0.48
ROE
45.0%▲
2024 · 39.3%
ROA
36.8%▲
2024 · 26.5%
Interest coverage
366.71▲
2024 · 8.64
Debt ≤ 1 year
€13k▼
2024 · €20k
Income taxes
€11k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€62k€70k▲
Fixed assets21/28€8k€16k▲
Tangible fixed assets22/27€8k€16k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24-€6k
Other tangible fixed assets26€4k€8k▲
Current assets29/58€54k€54k▼
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€8k€9k▲
Cash at bank and in hand54/58€46k€43k▼
Deferred charges and accrued income490/1€44€933▲
Equity and liabilities
Total equity and liabilities10/49€62k€70k▲
Equity10/15€42k€57k▲
Contributions10/11€3k€3k=
Reserves13€39k€54k▲
Distributable reserves133€39k€54k▲
Amounts payable17/49€20k€13k▼
Amounts payable within one year42/48€20k€13k▼
Trade debts44€1k€719▼
Suppliers440/4€1k€719▼
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€17k€11k▼
Other amounts payable47/48€1k€676▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€2k€820▼
Gross operating margin9900€31k€41k▲
Operating profit (loss)9901€27k€37k▲
Financial income75/76B€40€53▲
Recurring financial income75€40€53▲
Financial charges65/66B€3k€108▼
Recurring financial charges65€3k€108▼
Profit (loss) for the period before taxes9903€24k€37k▲
Income taxes67/77€7k€11k▲
Profit (loss) for the period9904€16k€26k▲
Profit (loss) for the period to be appropriated9905€16k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€26k▲
Transfer from equity791/2-€10k
Transfer to equity691/2€16k€26k▲
To other reserves6921€16k€26k▲
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €571 | €924 | €3k | €3k | €3k | ▲ 19.6% |
| Other operating charges640/8 | - | €120 | €601 | €2k | €820 | ▼ 49.8% |
| Gross operating margin9900 | €7k | €6k | €10k | €31k | €41k | ▲ 29.4% |
| Operating profit (loss)9901 | €7k | €5k | €6k | €27k | €37k | ▲ 35.2% |
| Financial income75/76B | - | €0 | €0 | €40 | €53 | ▲ 32.7% |
| Recurring financial income75 | €0 | €0 | €0 | €40 | €53 | ▲ 32.7% |
| Financial charges65/66B | - | €-97 | €276 | €3k | €108 | ▼ 96.8% |
| Recurring financial charges65 | €156 | €-97 | €276 | €3k | €108 | ▼ 96.8% |
| Profit (loss) for the period before taxes9903 | €6k | €5k | €6k | €24k | €37k | ▲ 54.4% |
| Income taxes67/77 | €2k | €2k | €1k | €7k | €11k | ▲ 47.8% |
| Profit (loss) for the period9904 | €4k | €3k | €5k | €16k | €26k | ▲ 57.3% |
| Profit (loss) for the period to be appropriated9905 | €4k | €3k | €5k | €16k | €26k | ▲ 57.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27k | €28k | €79k | €62k | €70k | ▲ 13.3% |
| Fixed assets21/28 | €2k | €8k | €58k | €8k | €16k | ▲ 114% |
| Tangible fixed assets22/27 | €2k | €8k | €58k | €8k | €16k | ▲ 114% |
| Plant, machinery and equipment23 | - | €1k | €1k | €3k | €2k | ▼ 25.0% |
| Furniture and vehicles24 | - | - | €50k | - | €6k | - |
| Other tangible fixed assets26 | - | €7k | €6k | €4k | €8k | ▲ 80.6% |
| Current assets29/58 | €25k | €20k | €22k | €54k | €54k | ▼ 0.9% |
| Amounts receivable within one year40/41 | €630 | €0 | €13k | €8k | €9k | ▲ 14.0% |
| Trade receivables40 | - | €0 | €7k | €8k | €9k | ▲ 14.0% |
| Other amounts receivable41 | - | €0 | €6k | - | - | - |
| Cash at bank and in hand54/58 | €24k | €20k | €7k | €46k | €43k | ▼ 5.6% |
| Deferred charges and accrued income490/1 | - | - | €1k | €44 | €933 | ▲ 2,043% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27k | €28k | €79k | €62k | €70k | ▲ 13.3% |
| Equity10/15 | €18k | €21k | €25k | €42k | €57k | ▲ 37.3% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Reserves13 | €15k | €18k | €22k | €39k | €54k | ▲ 40.2% |
| Distributable reserves133 | - | €18k | €22k | €39k | €54k | ▲ 40.2% |
| Amounts payable17/49 | €9k | €7k | €54k | €20k | €13k | ▼ 36.6% |
| Amounts payable after more than one year17 | - | - | €43k | - | - | - |
| Financial debts170/4 | - | - | €43k | - | - | - |
| Amounts payable within one year42/48 | €9k | €7k | €11k | €20k | €13k | ▼ 36.6% |
| Current portion of amounts payable after more than one year42 | - | - | €7k | - | - | - |
| Trade debts44 | €449 | €664 | €1k | €1k | €719 | ▼ 42.5% |
| Suppliers440/4 | - | €664 | €1k | €1k | €719 | ▼ 42.5% |
| Taxes, remuneration and social security45 | - | €5k | €456 | €17k | €11k | ▼ 34.9% |
| Taxes450/3 | - | €5k | €456 | €17k | €11k | ▼ 34.9% |
| Other amounts payable47/48 | - | €2k | €2k | €1k | €676 | ▼ 52.4% |
| Accrued charges and deferred income492/3 | - | €0 | €160 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €3k | €5k | €16k | €26k | ▲ 57.3% |
| + Depreciation and write-downs630 | €571 | €924 | €3k | €3k | €3k | ▲ 19.6% |
| Operating cash flow (approximation) | €5k | €4k | €8k | €19k | €29k | ▲ 52.0% |
| Investment in fixed assets (approximation) | - | €-8k | €-52k | €47k | €-12k | ▼ 125% |
| Change in cash | - | €-5k | €-12k | €38k | €-3k | ▼ 107% |
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
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2020net €26k ▲57.3%
Operating result €37k, net result €26k, both a record.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €3k ▼29.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
28-01
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 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Waasmunster · 1 establishment unit since 2019
Ground area
1,296 m²
Building footprint
188 m²
Volume, LiDAR
1,150 m³
Parcel 42023B1111/00B000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JEL-TECHNICS
since 20192.292.327.754
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B1111/00B000 | Flanders | 1,296 m² | 1 · 188 m² | 9.3 m · 2 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
2022 · 1 entry · 233 EUR awarded · 233 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 233 EUR | 233 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
HIFI CAR CONCEPT
BE 0454.894.168
Waterloo · Eq €57,448
SH CAR
BE 0729.642.908
Sint-Agatha-Berchem · Eq €57,623
CASTELEIN MACHINERY
BE 0885.498.251
Middelkerke · Eq €56,830
GARAGE CARROSSERIE ALPINA
BE 0821.713.823
Antwerpen · Eq €56,281
Féno bestelwageninrichtingen
BE 0698.634.778
Bilzen · Eq €58,465
Of 847 companies in sector 95319 we hold annual accounts for 251. 188 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
Founded13-08-2019
Fiscal year end30-06
Activities, NACEBEL 2025
95319Other maintenance and repair of motor vehicles
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
95313Repair and fitting of specific motor vehicle parts
95316Washing and cleaning of motor vehicles
95314Bodywork repair (including spraying and painting)
Scores and ratios are computed by Checked and are not a credit decision.