JENI PROJECTEN
ActiveSummary
JENI PROJECTEN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.93M and a net result of €637k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability43▼-1
Solvency45▲+2
Growth56▲+11
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.21 in 2023; short-term debt: 64.2% and cash: 6.6% of total assets), and 80.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.6%
Return on assets
2.1%
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 10-07-2025, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
33 d early
2022
31 d early
2021
26 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€12.05M▲ 32.3%
2023 · €9.11M
2021: €9.25M
2022: €11.83M▲ +27.9% vs 2021
2023: €9.11M▼ -23.0% vs 2022lowest in 4 years
2024: €12.05M▲ +32.3% vs 2023highest in 4 years
2021 → 2024
EBIT margin
16.2%▼ 3.5pp
2023 · 19.6%
2021: 16.8%
2022: 28.5%▲ +69.6% vs 2021highest in 4 years
2023: 19.6%▼ -31.1% vs 2022
2024: 16.2%▼ -17.6% vs 2023lowest in 4 years
2021 → 2024
Net result
€637k▼ 12.4%
2023 · €727k
2021: €824k
2022: €2.24M▲ +172% vs 2021highest in 4 years
2023: €727k▼ -67.6% vs 2022
2024: €637k▼ -12.4% vs 2023lowest in 4 years
2021 → 2024
Working capital
€2.62M▼ 35.2%
2023 · €4.04M
2021: €2.61Mlowest in 4 years
2022: €3.76M▲ +44.1% vs 2021
2023: €4.04M▲ +7.5% vs 2022highest in 4 years
2024: €2.62M▼ -35.2% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€9.25M-€11.83M▲ 27.9%€9.11M▼ 23.0%€12.05M▲ 32.3%
2021: €9.25M
2022: €11.83M▲ +27.9% vs 2021
2023: €9.11M▼ -23.0% vs 2022lowest in 4 years
2024: €12.05M▲ +32.3% vs 2023highest in 4 years
Equity€2.32M-€4.57M▲ 96.6%€5.30M▲ 15.9%€5.93M▲ 12.0%
2021: €2.32Mlowest in 4 years
2022: €4.57M▲ +96.6% vs 2021
2023: €5.30M▲ +15.9% vs 2022
2024: €5.93M▲ +12.0% vs 2023highest in 4 years
Operating result€1.56M-€3.37M▲ 117%€1.79M▼ 47.0%€1.95M▲ 9.0%
2021: €1.56Mlowest in 4 years
2022: €3.37M▲ +117% vs 2021highest in 4 years
2023: €1.79M▼ -47.0% vs 2022
2024: €1.95M▲ +9.0% vs 2023
Net result€824k-€2.24M▲ 172%€727k▼ 67.6%€637k▼ 12.4%
2021: €824k
2022: €2.24M▲ +172% vs 2021highest in 4 years
2023: €727k▼ -67.6% vs 2022
2024: €637k▼ -12.4% vs 2023lowest in 4 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30.22M
Fixed assets
€8.21M ▲ 42.3%
Current assets
€22.01M ▼ 6.2%
Equity and liabilities €30.22M
Equity
€5.93M ▲ 12.0%
Debt
€24.28M ▲ 1.4%
Debt's share of the balance-sheet total falls from 81.9% to 80.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.14▼
2023 · 1.21
Quick ratio
0.35▼
2023 · 0.36
Debt to equity
4.09▼
2023 · 4.52
ROE
10.7%▼
2023 · 13.7%
ROA
2.1%▼
2023 · 2.5%
Debt ≤ 1 year
€19.39M▼
2023 · €19.42M
Debt > 1 year
€4.71M▲
2023 · €4.36M
Income taxes
€204k▼
2023 · €242k
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 · 2024 against 2023 · 69 lines
Balance sheet
Code20232024
Assets
Total assets20/58€29.24M€30.22M▲
Fixed assets21/28€5.77M€8.21M▲
Tangible fixed assets22/27€5k€5k=
Furniture and vehicles24€5k€5k=
Financial fixed assets28€5.77M€8.20M▲
Affiliated companies280/1€5.76M€8.20M▲
Participating interests280€5.76M€8.20M▲
Other financial fixed assets284/8€4k€4k=
Amounts receivable and cash guarantees285/8€4k€4k=
Current assets29/58€23.47M€22.01M▼
Stocks and contracts in progress3€16.54M€15.20M▼
Stocks30/36€14.39M€13.23M▼
Property held for sale35€14.39M€13.23M▼
Contracts in progress37€2.14M€1.97M▼
Amounts receivable within one year40/41€4.30M€4.54M▲
Trade receivables40€1.16M€247k▼
Other amounts receivable41€3.14M€4.30M▲
Cash at bank and in hand54/58€2.42M€1.98M▼
Deferred charges and accrued income490/1€205k€283k▲
Equity and liabilities
Total equity and liabilities10/49€29.24M€30.22M▲
Equity10/15€5.30M€5.93M▲
Contributions10/11€1.50M€1.50M=
Capital10€1.50M€1.50M=
Issued capital100€1.50M€1.50M=
Reserves13€1.29M€1.94M▲
Non-distributable reserves130/1€150k€150k=
Legal reserve130€150k€150k=
Tax-exempt reserves132€1.14M€1.79M▲
Profit (loss) carried forward14€2.50M€2.49M▼
Amounts payable17/49€23.94M€24.28M▲
Amounts payable after more than one year17€4.36M€4.71M▲
Financial debts170/4€4.36M€4.71M▲
Other loans174€4.36M€4.71M▲
Amounts payable within one year42/48€19.42M€19.39M▼
Financial debts43€14.08M€12.29M▼
Credit institutions430/8€14.08M€12.29M▼
Trade debts44€1.21M€1.01M▼
Suppliers440/4€1.21M€1.01M▼
Taxes, remuneration and social security45€214k€70k▼
Taxes450/3€214k€70k▼
Other amounts payable47/48€3.91M€6.02M▲
Accrued charges and deferred income492/3€161k€182k▲
Income statement
Code20232024
Operating income70/76A€10.68M€12.00M▲
Turnover70€9.11M€12.05M▲
Change in stocks of work in progress, finished goods and contracts in progress71€1.29M€-177k▼
Other operating income74€284k€127k▼
Operating charges60/66A€8.89M€10.05M▲
Goods for resale, raw materials and consumables60€7.57M€8.41M▲
Purchases600/8€9.45M€7.24M▼
Change in stocks: decrease (increase)609€-1.88M€1.16M▲
Services and other goods61€1.27M€1.29M▲
Other operating charges640/8€47k€356k▲
Operating profit (loss)9901€1.79M€1.95M▲
Financial income75/76B€167k€260k▲
Recurring financial income75€167k€260k▲
Income from current assets751€167k€258k▲
Other financial income752/9€285€3k▲
Financial charges65/66B€987k€1.37M▲
Recurring financial charges65€987k€1.37M▲
Debt charges650€986k€1.37M▲
Other financial charges652/9€638€3k▲
Profit (loss) for the period before taxes9903€969k€840k▼
Income taxes67/77€242k€204k▼
Taxes670/3€242k€204k▼
Profit (loss) for the period9904€727k€637k▼
Transfer to tax-exempt reserves689€364k€647k▲
Profit (loss) for the period to be appropriated9905€364k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.50M€2.49M▼
Profit (loss) brought forward from the previous period14P€2.14M€2.50M▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | €9.45M | €12.64M | €10.68M | €12.00M | ▲ 12.3% |
| Turnover70 | €9.25M | €11.83M | €9.11M | €12.05M | ▲ 32.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €126k | €726k | €1.29M | €-177k | ▼ 114% |
| Other operating income74 | €77k | €88k | €284k | €127k | ▼ 55.3% |
| Operating charges60/66A | €7.89M | €9.27M | €8.89M | €10.05M | ▲ 13.0% |
| Goods for resale, raw materials and consumables60 | €6.41M | €7.87M | €7.57M | €8.41M | ▲ 11.0% |
| Purchases600/8 | €14.77M | €12.02M | €9.45M | €7.24M | ▼ 23.3% |
| Change in stocks: decrease (increase)609 | €-8.36M | €-4.16M | €-1.88M | €1.16M | ▲ 162% |
| Services and other goods61 | €1.45M | €1.39M | €1.27M | €1.29M | ▲ 1.1% |
| Other operating charges640/8 | €28k | €9k | €47k | €356k | ▲ 659% |
| Operating profit (loss)9901 | €1.56M | €3.37M | €1.79M | €1.95M | ▲ 9.0% |
| Financial income75/76B | €61k | €123k | €167k | €260k | ▲ 56.0% |
| Recurring financial income75 | €61k | €123k | €167k | €260k | ▲ 56.0% |
| Income from financial fixed assets750 | €59k | - | - | - | - |
| Income from current assets751 | - | €119k | €167k | €258k | ▲ 54.6% |
| Other financial income752/9 | €2k | €5k | €285 | €3k | ▲ 866% |
| Financial charges65/66B | €523k | €510k | €987k | €1.37M | ▲ 38.9% |
| Recurring financial charges65 | €523k | €510k | €987k | €1.37M | ▲ 38.9% |
| Debt charges650 | €522k | €510k | €986k | €1.37M | ▲ 38.7% |
| Other financial charges652/9 | €1k | €41 | €638 | €3k | ▲ 300% |
| Profit (loss) for the period before taxes9903 | €1.09M | €2.99M | €969k | €840k | ▼ 13.3% |
| Income taxes67/77 | €269k | €742k | €242k | €204k | ▼ 16.0% |
| Taxes670/3 | €269k | €742k | €242k | €204k | ▼ 16.0% |
| Profit (loss) for the period9904 | €824k | €2.24M | €727k | €637k | ▼ 12.4% |
| Transfer to tax-exempt reserves689 | €779k | - | €364k | €647k | ▲ 77.9% |
| Profit (loss) for the period to be appropriated9905 | €45k | €2.24M | €364k | €-10k | ▼ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €16.28M | €23.34M | €29.24M | €30.22M | ▲ 3.4% |
| Fixed assets21/28 | €3.38M | €5.77M | €5.77M | €8.21M | ▲ 42.3% |
| Tangible fixed assets22/27 | - | €5k | €5k | €5k | = |
| Furniture and vehicles24 | - | €5k | €5k | €5k | = |
| Financial fixed assets28 | €3.38M | €5.76M | €5.77M | €8.20M | ▲ 42.3% |
| Affiliated companies280/1 | €3.38M | €5.76M | €5.76M | €8.20M | ▲ 42.3% |
| Participating interests280 | €3.38M | €5.76M | €5.76M | €8.20M | ▲ 42.3% |
| Other financial fixed assets284/8 | - | €3k | €4k | €4k | = |
| Amounts receivable and cash guarantees285/8 | - | €3k | €4k | €4k | = |
| Current assets29/58 | €12.90M | €17.57M | €23.47M | €22.01M | ▼ 6.2% |
| Stocks and contracts in progress3 | €8.48M | €13.37M | €16.54M | €15.20M | ▼ 8.1% |
| Stocks30/36 | €8.36M | €12.52M | €14.39M | €13.23M | ▼ 8.1% |
| Property held for sale35 | €8.36M | €12.52M | €14.39M | €13.23M | ▼ 8.1% |
| Contracts in progress37 | €126k | €852k | €2.14M | €1.97M | ▼ 8.3% |
| Amounts receivable within one year40/41 | €3.64M | €3.46M | €4.30M | €4.54M | ▲ 5.7% |
| Trade receivables40 | €256k | €702k | €1.16M | €247k | ▼ 78.7% |
| Other amounts receivable41 | €3.38M | €2.76M | €3.14M | €4.30M | ▲ 37.0% |
| Cash at bank and in hand54/58 | €676k | €670k | €2.42M | €1.98M | ▼ 18.1% |
| Deferred charges and accrued income490/1 | €104k | €70k | €205k | €283k | ▲ 38.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €16.28M | €23.34M | €29.24M | €30.22M | ▲ 3.4% |
| Equity10/15 | €2.32M | €4.57M | €5.30M | €5.93M | ▲ 12.0% |
| Contributions10/11 | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Capital10 | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Issued capital100 | €1.50M | €1.50M | €1.50M | €1.50M | = |
| Reserves13 | €781k | €929k | €1.29M | €1.94M | ▲ 50.0% |
| Non-distributable reserves130/1 | €2k | €150k | €150k | €150k | = |
| Legal reserve130 | €2k | €150k | €150k | €150k | = |
| Tax-exempt reserves132 | €779k | €779k | €1.14M | €1.79M | ▲ 56.6% |
| Profit (loss) carried forward14 | €43k | €2.14M | €2.50M | €2.49M | ▼ 0.4% |
| Amounts payable17/49 | €13.96M | €18.77M | €23.94M | €24.28M | ▲ 1.4% |
| Amounts payable after more than one year17 | €3.40M | €3.74M | €4.36M | €4.71M | ▲ 8.2% |
| Financial debts170/4 | €3.40M | €3.74M | €4.36M | €4.71M | ▲ 8.2% |
| Other loans174 | €3.40M | €3.74M | €4.36M | €4.71M | ▲ 8.2% |
| Amounts payable within one year42/48 | €10.29M | €13.81M | €19.42M | €19.39M | ▼ 0.2% |
| Financial debts43 | €7.55M | €11.22M | €14.08M | €12.29M | ▼ 12.7% |
| Credit institutions430/8 | €7.55M | €11.22M | €14.08M | €12.29M | ▼ 12.7% |
| Trade debts44 | €198k | €664k | €1.21M | €1.01M | ▼ 16.5% |
| Suppliers440/4 | €198k | €664k | €1.21M | €1.01M | ▼ 16.5% |
| Taxes, remuneration and social security45 | €233k | €194k | €214k | €70k | ▼ 67.3% |
| Taxes450/3 | €233k | €194k | €214k | €70k | ▼ 67.3% |
| Other amounts payable47/48 | €2.32M | €1.73M | €3.91M | €6.02M | ▲ 53.8% |
| Accrued charges and deferred income492/3 | €264k | €1.23M | €161k | €182k | ▲ 13.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €824k | €2.24M | €727k | €637k | ▼ 12.4% |
| Operating cash flow (approximation) | €824k | €2.24M | €727k | €637k | ▼ 12.4% |
| Investment in fixed assets (approximation) | - | €-2.39M | €-2k | €-2.44M | ▼ 162,490% |
| Change in cash | - | €-6k | €1.75M | €-440k | ▼ 125% |
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
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €637k ▼12.4%
Net result drops to €637k, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €5MEq €5.30M ▲15.9%
3 profitable years in a row build equity to €5.30M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2021net €2.24M ▲172%
Operating result €3.37M, net result €2.24M, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Turnhout · 1 establishment unit since 2020
Ground area
5,390 m²
Building footprint
435 m²
Volume, LiDAR
4,046 m³
Parcel 13452M0784/00H000, Flanders · tallest building 21.9 m, ±3 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
JENI PROJECTEN
since 20202.304.514.518
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0784/00H000 | Flanders | 5,390 m² | 1 · 435 m² | 21.9 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400DQT9ZWREBI1Q06
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 357 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68121Development of residential building projects
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.