JERWIN
ActiveSummary
JERWIN has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €64,915 and a net result of €4,546. Equity is growing by about 6.6% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €64,915
- Profit
- €4,546
Why 90raises riskNo main activity registeredlowers riskSize: total assets €193,212Founded in 1986Figures for financial year 2026 (filed 22-09-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 35% on solvency, 15% on liquidity, 38% on profitability and 64% on growth.
The bankruptcy probability was computed on 22-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 128 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · abbreviated…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2026, abbreviated format
Source amounts without an identifiable currency are assumed to be EUR.
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result recovers in 2026; 2026 is 63% above 2025 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,496 | €8,677 | €8,835 | €9,105 | €6,350 | €6,350 | €6,350 | €6,350 | = |
| Other operating charges640/8 | - | - | - | €2,358 | €2,199 | €2,640 | €2,498 | €2,822 | ▲ 13.0% |
| Gross operating margin9900 | €10,154 | €19,986 | €16,158 | €13,106 | €13,668 | €15,202 | €13,959 | €17,508 | ▲ 25.4% |
| Operating profit (loss)9901 | €3,154 | €9,470 | €5,182 | €1,643 | €5,119 | €6,212 | €5,111 | €8,336 | ▲ 63.1% |
| Financial charges65/66B | - | - | - | €1,149 | €919 | €4,082 | €652 | €3,790 | ▲ 481% |
| Recurring financial charges65 | €639 | €1,277 | €1,069 | €1,149 | €919 | €4,082 | €652 | €3,790 | ▲ 481% |
| Profit (loss) for the period before taxes9903 | €2,515 | €8,193 | €4,113 | €494 | €4,200 | €2,130 | €4,458 | €4,546 | ▲ 2.0% |
| Profit (loss) for the period9904 | €2,515 | €8,193 | €4,113 | €494 | €4,200 | €2,130 | €4,458 | €4,546 | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €2,515 | €8,193 | €4,113 | €494 | €4,200 | €2,130 | €4,458 | €4,546 | ▲ 2.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €152,024 | €198,362 | €198,129 | €215,962 | €200,170 | €194,930 | €202,418 | €193,212 | ▼ 4.5% |
| Fixed assets21/28 | €148,776 | €193,826 | €186,531 | €200,369 | €194,019 | €187,668 | €181,318 | €174,968 | ▼ 3.5% |
| Tangible fixed assets22/27 | €148,776 | €193,826 | €186,531 | €200,369 | €194,019 | €187,668 | €181,318 | €174,968 | ▼ 3.5% |
| Land and buildings22 | - | - | - | €171,283 | €166,268 | €161,254 | €156,239 | €151,225 | ▼ 3.2% |
| Plant, machinery and equipment23 | - | - | - | €25,861 | €24,853 | €23,845 | €22,837 | €21,829 | ▼ 4.4% |
| Furniture and vehicles24 | - | - | - | €3,225 | €2,897 | €2,570 | €2,242 | €1,914 | ▼ 14.6% |
| Current assets29/58 | €3,248 | €4,536 | €11,598 | €15,593 | €6,152 | €7,262 | €21,100 | €18,244 | ▼ 13.5% |
| Cash at bank and in hand54/58 | €3,248 | €4,536 | €10,948 | €9,192 | €6,152 | €7,262 | €21,100 | €18,244 | ▼ 13.5% |
| Deferred charges and accrued income490/1 | - | - | - | €6,401 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €152,024 | €198,362 | €198,129 | €215,962 | €200,170 | €194,930 | €202,418 | €193,212 | ▼ 4.5% |
| Equity10/15 | €36,782 | €44,975 | €49,088 | €49,581 | €53,781 | €55,911 | €60,369 | €64,915 | ▲ 7.5% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €3,944 | €3,944 | €3,944 | €3,944 | €3,944 | €3,944 | €3,944 | €3,944 | = |
| Non-distributable reserves130/1 | - | - | - | €3,944 | €3,944 | €3,944 | €3,944 | €3,944 | = |
| Legal reserve130 | - | - | - | €3,944 | €3,944 | €3,944 | €3,944 | €3,944 | = |
| Profit (loss) carried forward14 | -€67,162 | -€58,969 | -€54,856 | -€54,363 | -€50,163 | -€48,033 | -€43,575 | -€39,029 | ▲ 10.4% |
| Amounts payable17/49 | €115,241 | €153,387 | €149,041 | €166,381 | €146,389 | €139,019 | €142,049 | €128,296 | ▼ 9.7% |
| Amounts payable after more than one year17 | - | €34,159 | €26,895 | €34,525 | €23,470 | €23,470 | €8,742 | - | - |
| Financial debts170/4 | - | - | - | €34,525 | €23,470 | €23,470 | €8,742 | - | - |
| Amounts payable within one year42/48 | €115,241 | €119,228 | €122,146 | €131,855 | €122,919 | €115,550 | €133,307 | €128,296 | ▼ 3.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,843 | €7,370 | - | €5,752 | €8,742 | ▲ 52.0% |
| Trade debts44 | €1,105 | €100 | - | €5,062 | - | - | - | - | - |
| Suppliers440/4 | - | - | - | €5,062 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €119,951 | €115,550 | €115,550 | €127,554 | €119,554 | ▼ 6.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,515 | €8,193 | €4,113 | €494 | €4,200 | €2,130 | €4,458 | €4,546 | ▲ 2.0% |
| + Depreciation and write-downs630 | €5,496 | €8,677 | €8,835 | €9,105 | €6,350 | €6,350 | €6,350 | €6,350 | = |
| Operating cash flow (approximation) | €8,011 | €16,870 | €12,948 | €9,599 | €10,550 | €8,480 | €10,809 | €10,896 | ▲ 0.8% |
| Investment in fixed assets (approximation) | - | -€53,727 | -€1,540 | -€22,944 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,288 | €6,412 | -€1,756 | -€3,041 | €1,111 | €13,838 | -€2,856 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 38 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2026 | abbreviated format | 22-09-2026 | 2026-00519031 |
| 30-06-2025 | micro format | 12-09-2025 | 2025-00490009 |
| 30-06-2024 | micro format | 02-10-2024 | 2024-00487766 |
| 30-06-2023 | micro format | 03-10-2023 | 2023-00473437 |
| 30-06-2022 | micro format | 23-09-2022 | 2022-20434853 |
| 30-06-2021 | micro format | 28-09-2021 | 2021-69000059 |
| 30-06-2020 | micro format | 22-09-2020 | 2020-55800402 |
| 30-06-2019 | micro format | 02-12-2019 | 2019-75300343 |
| 30-06-2018 | micro format | 26-09-2018 | 2018-64700522 |
| 30-06-2017 | micro format | 18-08-2017 | 2017-44700531 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11472B0122/00W008 | Flanders | 680 m² | 1 · 121 m² | 11.6 m · 3 |