Equity
€196,559 ▲ 58.1%
Equity rose in 2025 from €124,312 to €196,559.
JElectric
Lifetime
3 annual accounts with figures on one time axispeak €132,785 (2025)
€132,785▲ 28.3%
peak €84,320 (2023)
€72,247▲ 21.6%
peak €196,559 (2025)
€196,559▲ 58.1%
€349,814▲ 521%
Board1 name since 2022
1 directorVANALLEMEERSCH Jeroen Raphaël Willy
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €103,496 to €132,785Equity from €124,312 to €196,559Debts from €56,298 to €349,814Investments €356,947
Key points
from the 2025 annual accountsTurnover
≈ €390,000 estimated
The micro format states no turnover.
Debts
€349,814 ▲ 521%
Debts rose by €293,516 in 2025.
Investments
€356,947 12.1 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 3469.0% higher than in 2024.
Liquidity
1.30 was 3.70 in 2024
Short-term debts rose from €30,076 to €115,427.
Position in the sector
€72,247
Higher net result than 91% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
85
Excellent
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
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 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 1.0%▲ +0.1 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025highest value
08-2025: 0.5%▼ -0.5 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▼ -0.2 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €546,373
Figures for financial year 2025 (filed on 30-06-2026)
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 38% of them on solvency, 48% on liquidity, 69% on profitability and 85% on growth.
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 very low class on 30-06-2025, 0.1% 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, 3,127 companies had the same profile as JElectric has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
That fits the bankruptcy probability of JElectric itself: 0.4% 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 3,127 companies, not a prediction for JElectric. 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 €16,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3 (3.7 in 2024), below the usual 1.5. Short-term debt is 21.1% and cash 7.6% of total assets. 64% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 days early
2024
31 days early
2023
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 30 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VANALLEMEERSCH Jeroen Raphaël Willy all the sharesdeed of 05-12-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0794290735
Incorporation
Founding capital of €2,000 · Founder: VANALLEMEERSCH Jeroen Raphaël Willy · Appointment: VANALLEMEERSCH Jeroen Raphaël Willy (director) · published on 05-12-2022 · Gazette deed
First establishment
Stuivenbergstraat 112, Izegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JElectric Izegem | €546,373 | €132,785 | 36.0% | - |
| BRAEM-ENERGY Ypres | €515,845 | €148,325 | 37.6% | - |
| Electro Samyn Moorslede | €505,362 | €120,917 | 28.6% | - |
| GC-ELEKTRO Damme | €533,987 | €133,010 | 54.6% | - |
| Vanhoutte Jens Ingelmunster | €526,428 | €165,556 | 52.7% | - |
| LAMCO VOLTWORKS Poperinge | €493,425 | €163,085 | 32.1% | - |
| GV Electrics Deerlijk | €504,642 | €104,276 | 35.6% | - |
These companies have the same main activity as JElectric: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €493,000 and €534,000, founded in 2022.
Official details
Source: KBO- Status
- Active since 01-12-2022Normal situation
- Activity
- General electrical installation workNACE 43211and 5 others
- Establishment unit
- 2.339.003.1648870 Izegem, since 01-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €546,373▲ 203%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on JElectric
JElectric files the micro format. That format states no turnover. The gross margin rose from €120,287 in 2023 to €132,785 in 2025.
The balance sheet grew most in 2025 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.
Key facts about JElectric
- What is the company number of JElectric?
- The company number of JElectric is 0794.290.735. The VAT number is the same number with BE in front: BE 0794.290.735.
- Where is JElectric based?
- The registered office is at Sint-Jansstraat 32, 8870 Izegem.Company details
- What does JElectric do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of JElectric?
- JElectric is a private limited company (BV).
- When was JElectric founded?
- JElectric was founded on 01-12-2022.
- Is JElectric still active?
- Yes, JElectric is an active enterprise in the KBO register.
- What is the turnover of JElectric?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €132,785 and 38 comparable companies (NACE 43211). It probably lies between €270,000 and €490,000.Financials
- Is JElectric profitable?
- In financial year 2025, JElectric made a profit of €72,247.
- Where can I find the annual accounts of JElectric?
- JElectric filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JElectric due?
- JElectric must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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