JENGIN
ActiveSummary
JENGIN has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37k and a net result of €34k. Its solvency ranks better than 50% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes
Profitability100
Solvency56
Growth-
Track record79
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.3; short-term debt: 31.2% and cash: 10.9% of total assets), and 68.7% 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31.3%
Return on assets
28.7%
Age of the figures
21 mo
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 01-07-2025, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€37k
Total assets
€118k
Net result
€34k
Working capital
€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €118k
Fixed assets
€70k
Current assets
€48k
Equity and liabilities €118k
Equity
€37k
Debt
€81k
Debt finances 68.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€62k
Cash flow
€46k
Current ratio
1.30
Debt to equity
2.20
ROE
91.9%
ROA
28.7%
Interest coverage
34.76
Debt ≤ 1 year
€37k
Debt > 1 year
€44k
Income taxes
€14k
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet
Code2024
Assets
Total assets20/58€118k
Fixed assets21/28€70k
Tangible fixed assets22/27€70k
Plant, machinery and equipment23€1k
Furniture and vehicles24€69k
Current assets29/58€48k
Amounts receivable within one year40/41€25k
Trade receivables40€25k
Current investments50/53€10k
Cash at bank and in hand54/58€13k
Equity and liabilities
Total equity and liabilities10/49€118k
Equity10/15€37k
Contributions10/11€3k
Reserves13€34k
Distributable reserves133€34k
Amounts payable17/49€81k
Amounts payable after more than one year17€44k
Financial debts170/4€43k
Other amounts payable178/9€2k
Amounts payable within one year42/48€37k
Current portion of amounts payable after more than one year42€17k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€15k
Taxes450/3€15k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k
Other operating charges640/8€1k
Gross operating margin9900€63k
Operating profit (loss)9901€50k
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€2k
Recurring financial charges65€2k
Profit (loss) for the period before taxes9903€48k
Income taxes67/77€14k
Profit (loss) for the period9904€34k
Profit (loss) for the period to be appropriated9905€34k
Appropriation of the result
Profit (loss) to be appropriated9906€34k
Transfer to equity691/2€34k
To other reserves6921€34k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k |
| Other operating charges640/8 | €1k |
| Gross operating margin9900 | €63k |
| Operating profit (loss)9901 | €50k |
| Financial income75/76B | €15 |
| Recurring financial income75 | €15 |
| Financial charges65/66B | €2k |
| Recurring financial charges65 | €2k |
| Profit (loss) for the period before taxes9903 | €48k |
| Income taxes67/77 | €14k |
| Profit (loss) for the period9904 | €34k |
| Profit (loss) for the period to be appropriated9905 | €34k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €118k | |
| Fixed assets21/28 | €70k | |
| Tangible fixed assets22/27 | €70k | |
| Plant, machinery and equipment23 | €1k | |
| Furniture and vehicles24 | €69k | |
| Current assets29/58 | €48k | |
| Amounts receivable within one year40/41 | €25k | |
| Trade receivables40 | €25k | |
| Current investments50/53 | €10k | |
| Cash at bank and in hand54/58 | €13k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €118k | |
| Equity10/15 | €37k | |
| Contributions10/11 | €3k | |
| Reserves13 | €34k | |
| Distributable reserves133 | €34k | |
| Amounts payable17/49 | €81k | |
| Amounts payable after more than one year17 | €44k | |
| Financial debts170/4 | €43k | |
| Other amounts payable178/9 | €2k | |
| Amounts payable within one year42/48 | €37k | |
| Current portion of amounts payable after more than one year42 | €17k | |
| Trade debts44 | €4k | |
| Suppliers440/4 | €4k | |
| Taxes, remuneration and social security45 | €15k | |
| Taxes450/3 | €15k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €34k |
| + Depreciation and write-downs630 | €12k |
| Operating cash flow (approximation) | €46k |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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.
Have them read with priority
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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, Balen · 1 establishment unit since 2023
Ground area
1,824 m²
Building footprint
239 m²
Volume, LiDAR
1,478 m³
Parcel 13003A0110/00F022, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JENGIN
since 20232.347.600.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A0110/00F022 | Flanders | 1,824 m² | 1 · 239 m² | 8.4 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
2024 · 1 entry · 1,042 EUR awarded · 1,042 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,042 EUR | 1,042 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
9845009401E9CD2A6664
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Of 1,295 companies in sector 68122 we hold annual accounts for 903. 435 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
Founded19-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68121Development of residential building projects
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.