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JESTIN CONSTRUCT

Active
Private limited companyfounded 201313 yrs activeZwarteweg 36, 8433 Middelkerke, BelgiumKBO/BCE: BE 0521.737.957

JESTIN CONSTRUCT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-9k) and a net result of €189k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 14% of 9095 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
28 / 100
Weak▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-13
Solvency49▲+14
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.21 against 0.59 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9095 sector peers (2025).
NBB · sector comparison
Position among 9095 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
28 d late
2021
25 d early
2020
45 d late
2019
61 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€-9k▲ 95.7%
2024 · €-197k
2018: €-169k 2019: €-171k 2020: €-173k 2021: €-177k 2022: €-185k 2023: €-192k 2024: €-197k
2018 → 2025
Total assets
€459k▲ 187%
2024 · €160k
2018: €130k 2019: €35k 2020: €30k 2021: €30k 2022: €63k 2023: €109k 2024: €160k
2018 → 2025
Net result
€189k
2024 · €-5k
2018: €-97k 2019: €-2k 2020: €-2k 2021: €-4k 2022: €-8k 2023: €-7k 2024: €-5k
2018 → 2025
Working capital
€79k
2024 · €-110k
2018: €-82k 2019: €-84k 2020: €-85k 2021: €-89k 2022: €-98k 2023: €-105k 2024: €-110k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-177k-€-185k▼ 4.8%€-192k▼ 3.7%€-197k▼ 2.7%€-9k▲ 95.7%
Operating result€-4k-€-8k▼ 123%€-7k▲ 19.1%€-5k▲ 30.3%€203k
Net result€-4k-€-8k▼ 119%€-7k▲ 18.7%€-5k▲ 25.6%€189k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2021: €-4k€-4kNet result 2021: €-4k€-4kOperating result 2022: €-8k€-8kNet result 2022: €-8k€-8kOperating result 2023: €-7k€-7kNet result 2023: €-7k€-7kOperating result 2024: €-5k€-5kNet result 2024: €-5k€-5kOperating result 2025: €203k€203kNet result 2025: €189k€189k20212022202320242025
The operating result returns to profit in 2025: €203k after a loss of €5k in 2024, the highest year so far.
Key figures and ratios
2025 value · change against 2024
Solvency
-1.9%
2024 · -123.3%
Current ratio
1.21
2024 · 0.59
Quick ratio
0.71
2024 · 0.27
Debt / equity
-54.72
2024 · -1.81
ROA
41.2%
2024 · -3.2%
Debt
€467k
2024 · €358k
Debt ≤ 1 year
€380k
2024 · €270k
Debt > 1 year
€88k=
2024 · €88k
A ratio outside any meaningful range has been withheld (balance sheet total €459k, equity €-9k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€160k€459k
Current assets29/58€160k€459k
Stocks and contracts in progress3€88k€190k
Stocks30/36€88k€190k
Amounts receivable within one year40/41€71k€73k
Trade receivables40€48k€54k
Other amounts receivable41€24k€20k
Cash at bank and in hand54/58€894€196k
Equity and liabilities
Total equity and liabilities10/49€160k€459k
Equity10/15€-197k€-9k
Contributions10/11€19k€19k=
Reserves13€745€745=
Non-distributable reserves130/1€745€745=
Reserves not available under the articles1311€745€745=
Profit (loss) carried forward14€-217k€-28k
Amounts payable17/49€358k€467k
Amounts payable after more than one year17€88k€88k=
Other amounts payable178/9€88k€88k=
Amounts payable within one year42/48€270k€380k
Financial debts43-€104k
Credit institutions430/8-€104k
Trade debts44€39k€79k
Suppliers440/4€39k€79k
Advances received on contracts in progress46€20k€0
Taxes, remuneration and social security45€3k€18k
Taxes450/3€3k€18k
Other amounts payable47/48€209k€179k
Accrued charges and deferred income492/3-€149
Income statement Code20242025
Other operating charges640/8€648€615
Gross operating margin9900€-4k€203k
Operating profit (loss)9901€-5k€203k
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€429€16k
Recurring financial charges65€429€16k
Profit (loss) for the period before taxes9903€-5k€189k
Profit (loss) for the period9904€-5k€189k
Profit (loss) for the period to be appropriated9905€-5k€189k
Appropriation of the result
Profit (loss) to be appropriated9906€-217k€-28k
Profit (loss) brought forward from the previous period14P€-212k€-217k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial Back to profitnet €189k
Net result €189k after 7 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 1.21
Current ratio from 0.59 to 1.21.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
06-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
22-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 83 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Middelkerke · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zwarteweg 368433 Middelkerke
Ground area
192 m²
Building footprint
183 m²
Volume, LiDAR
943 m³
Parcel 35010B0081/00L000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JESTIN CONSTRUCT
Zwarteweg 36, 8433 MiddelkerkeReal estate development
since 20132.219.608.240
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35010B0081/00L000 Flanders 192 m² 1 · 183 m² 8.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 9,635 companies in sector 68121 we hold annual accounts for 7,328.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-02-2013
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.