Jerzy
ActiveSummary
The annual accounts of Jerzy for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €4k and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 7500 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-64
Solvency41▼-21
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.19 against 1.58 in 2024; short-term debt: 83.7% of total assets), and 83.7% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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 2025Solvency, return and age of the figures
Solvency
16.3%
Return on assets
-32.6%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
3 d late
2024
10 d late
2023
5 d late
2022
8 d late
2021
4 d late
2020
17 d late
2019
18 d late
← 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
€4k▼ 66.7%
2024 · €12k
2019: €-28klowest in 7 years
2020: €-10k▲ +63.4% vs 2019
2021: €2k▲ +119% vs 2020
2022: €-8k▼ -490% vs 2021
2023: €8k▲ +207% vs 2022
2024: €12k▲ +41.3% vs 2023highest in 7 years
2025: €4k▼ -66.7% vs 2024
2019 → 2025
Total assets
€24k▼ 24.5%
2024 · €32k
2019: €3klowest in 7 years
2020: €13k▲ +335% vs 2019
2021: €17k▲ +28.3% vs 2020
2022: €18k▲ +11.2% vs 2021
2023: €28k▲ +53.9% vs 2022
2024: €32k▲ +12.1% vs 2023highest in 7 years
2025: €24k▼ -24.5% vs 2024
2019 → 2025
Net result
€-8k
2024 · €3k
2019: €-16klowest in 7 years
2020: €18k▲ +209% vs 2019highest in 7 years
2021: €12k▼ -31.0% vs 2020
2022: €-10k▼ -180% vs 2021
2023: €16k▲ +265% vs 2022
2024: €3k▼ -78.6% vs 2023
2025: €-8k▼ -328% vs 2024
2019 → 2025
Working capital
€4k▼ 66.7%
2024 · €12k
2019: €-28klowest in 7 years
2020: €-10k▲ +63.4% vs 2019
2021: €2k▲ +119% vs 2020
2022: €-8k▼ -490% vs 2021
2023: €8k▲ +207% vs 2022
2024: €12k▲ +41.3% vs 2023highest in 7 years
2025: €4k▼ -66.7% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€-8k€8k€12k▲ 41.3%€4k▼ 66.7%
2021: €2k
2022: €-8k▼ -490% vs 2021lowest in 5 years
2023: €8k▲ +207% vs 2022
2024: €12k▲ +41.3% vs 2023highest in 5 years
2025: €4k▼ -66.7% vs 2024
Operating result€12k-€-9k€16k€4k▼ 75.6%€-7k
2021: €12k
2022: €-9k▼ -177% vs 2021lowest in 5 years
2023: €16k▲ +271% vs 2022highest in 5 years
2024: €4k▼ -75.6% vs 2023
2025: €-7k▼ -276% vs 2024
Net result€12k-€-10k€16k€3k▼ 78.6%€-8k
2021: €12k
2022: €-10k▼ -180% vs 2021lowest in 5 years
2023: €16k▲ +265% vs 2022highest in 5 years
2024: €3k▼ -78.6% vs 2023
2025: €-8k▼ -328% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €24k
Equity
€4k ▼ 66.7%
Debt
€20k ▲ 0.1%
Debt's share of the balance-sheet total rises from 63.1% to 83.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.19▼
2024 · 1.58
Debt to equity
5.14▲
2024 · 1.71
ROE
-199.9%▼
2024 · 29.2%
ROA
-32.6%▼
2024 · 10.8%
Debt ≤ 1 year
€20k▲
2024 · €20k
Income taxes
€832▲
2024 · €471
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€32k€24k▼
Current assets29/58€32k€24k▼
Amounts receivable within one year40/41€17k€8k▼
Trade receivables40€8k€8k▼
Other amounts receivable41€8k-
Current investments50/53€14k€16k▲
Deferred charges and accrued income490/1€929-
Equity and liabilities
Total equity and liabilities10/49€32k€24k▼
Equity10/15€12k€4k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€4k€-4k▼
Amounts payable17/49€20k€20k▲
Amounts payable within one year42/48€20k€20k▲
Financial debts43€13k€13k=
Other loans439€13k€13k=
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€5k€5k=
Income statement
Code20242025
Gross operating margin9900€4k€-7k▼
Operating profit (loss)9901€4k€-7k▼
Financial charges65/66B€35€40▲
Recurring financial charges65€35€40▲
Profit (loss) for the period before taxes9903€4k€-7k▼
Income taxes67/77€471€832▲
Profit (loss) for the period9904€3k€-8k▼
Profit (loss) for the period to be appropriated9905€3k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-4k▼
Profit (loss) brought forward from the previous period14P€487€4k▲
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €12k | €-9k | €16k | €4k | €-7k | ▼ 276% |
| Operating profit (loss)9901 | €12k | €-9k | €16k | €4k | €-7k | ▼ 276% |
| Financial charges65/66B | - | €284 | €88 | €35 | €40 | ▲ 13.4% |
| Recurring financial charges65 | €31 | €284 | €88 | €35 | €40 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €12k | €-10k | €16k | €4k | €-7k | ▼ 279% |
| Income taxes67/77 | - | - | - | €471 | €832 | ▲ 76.4% |
| Profit (loss) for the period9904 | €12k | €-10k | €16k | €3k | €-8k | ▼ 328% |
| Profit (loss) for the period to be appropriated9905 | €12k | €-10k | €16k | €3k | €-8k | ▼ 328% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17k | €18k | €28k | €32k | €24k | ▼ 24.5% |
| Current assets29/58 | €17k | €18k | €28k | €32k | €24k | ▼ 24.5% |
| Amounts receivable within one year40/41 | €9k | €18k | €24k | €17k | €8k | ▼ 52.2% |
| Trade receivables40 | - | €18k | €24k | €8k | €8k | ▼ 4.4% |
| Other amounts receivable41 | - | - | - | €8k | - | - |
| Current investments50/53 | €7k | €355 | €4k | €14k | €16k | ▲ 13.3% |
| Deferred charges and accrued income490/1 | - | €50 | €148 | €929 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17k | €18k | €28k | €32k | €24k | ▼ 24.5% |
| Equity10/15 | €2k | €-8k | €8k | €12k | €4k | ▼ 66.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | €6k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | - | - | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Legal reserve130 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-4k | €-14k | €487 | €4k | €-4k | ▼ 200% |
| Amounts payable17/49 | €15k | €26k | €20k | €20k | €20k | ▲ 0.1% |
| Amounts payable within one year42/48 | €15k | €26k | €20k | €20k | €20k | ▲ 0.1% |
| Financial debts43 | - | €9k | €9k | €13k | €13k | = |
| Other loans439 | - | €9k | €9k | €13k | €13k | = |
| Trade debts44 | - | €4k | - | - | - | - |
| Suppliers440/4 | - | €4k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €14k | €11k | €7k | €7k | ▲ 0.2% |
| Taxes450/3 | - | €2k | €2k | €2k | €2k | ▲ 0.8% |
| Remuneration and social security454/9 | - | €12k | €10k | €5k | €5k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €-10k | €16k | €3k | €-8k | ▼ 328% |
| Operating cash flow (approximation) | €12k | €-10k | €16k | €3k | €-8k | ▼ 328% |
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
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2024
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
30-06
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 1.41
Current ratio from 0.70 to 1.41; short-term debt falls from €26k to €20k.
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-06
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.56 to 1.14; short-term debt falls from €23k to €15k.
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
30-06
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Pajottegem · 1 establishment unit since 2016
Ground area
878 m²
Building footprint
166 m²
Volume, LiDAR
817 m³
Parcel 23023A0556/00A002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Heirbaan 20, 1570 Pajottegem
since 20162.253.622.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23023A0556/00A002 | Flanders | 878 m² | 1 · 166 m² | 9.8 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 5,513 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 (pre-2019)
Founded17-02-2016
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.