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JF ELEC

Active Private limited companyfounded 2022active for 4 yearsRue de la Sucrerie 6, 4219 WasseigesKBO/BCE: BE 0790.224.059

Lifetime

4 annual accounts with figures on one time axis
peak €37,261 (2025)
€37,261▲ 149%
peak €21,099 (2025)
€21,099▲ 295%
peak €47,148 (2025)
€47,148▲ 81.0%
€32,735▼ 24.5%
Board1 name since 2022
1 director
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €14,953 to €37,261Result from €5,338 to €21,099Equity from €26,048 to €47,148Debts from €43,336 to €32,735Investments €14,929

Key points

from the 2025 annual accounts

Equity

€47,148 ▲ 81.0%

JF ELEC has made a profit in every financial year since 2022.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Investments

€26,885 13.6 × depreciation
202320242025

Green is investment, beige is depreciation.

Liquidity

9.08 was 3.47 in 2024

Short-term debts fell from €16,331 to €5,965.

Filings

4 annual accounts 4 late
AprilJune31 JulyOctober2022202320242025

The 2022 accounts came latest: 37 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,326 companies had the same profile as JF ELEC has now. Each dot stands for 99 companies, two years later.

95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,326 companies, not a prediction for JF ELEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 30-08-2022
  • 100 sharesdeed of 01-09-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0790224059
Incorporation Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 01-09-2022 · Gazette deed
First establishment Rue de la Sucrerie 6, Wasseiges
All 10 events

Comparable companies

same main activity, similar in size and age
Company
JF ELEC Wasseiges €79,883 €37,261 59.0% -
BAUMANS INDUSTRIES SERVICES Jalhay €75,271 €31,911 24.5% -
BORNELEC Olne €70,999 €35,391 76.2% -
NAFFELEC Saint-Nicolas €93,257 €30,472 81.9% -
ELEKTRO HEYMANS Dilsen-Stokkem €79,833 €38,713 91.5% -
Vetsuypens Algemeen Elektriciteitswerken Lennik €85,215 €39,046 85.5% -
Jo Lefebvre Algemene Elektriciteitswerken Hechtel-Eksel €77,554 €41,355 66.3% -

These companies have the same main activity as JF ELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €71,000 and €93,300, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 30-08-2022Normal situation
Activity
General electrical installation workNACE 43211and 1 other
Establishment unit
2.335.187.6014219 Wasseiges, since 30-08-2022
Financial year end
31 December
Peppol
Reachable since 04-11-2025
Company details

Annual accounts 2025

€79,883▲ 15.1%
Filing
Filed on 24-08-2026
Financials

Insights on JF ELEC

JF ELEC files the micro format. That format states no turnover. The gross margin rose from €19,587 in 2022 to €37,261 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JF ELEC

What is the company number of JF ELEC?
The company number of JF ELEC is 0790.224.059. The VAT number is the same number with BE in front: BE 0790.224.059.
Where is JF ELEC based?
The registered office is at Rue de la Sucrerie 6, 4219 Wasseiges.Company details
What does JF ELEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of JF ELEC?
JF ELEC is a private limited company (BV).
When was JF ELEC founded?
JF ELEC was founded on 30-08-2022.
Is JF ELEC still active?
Yes, JF ELEC is an active enterprise in the KBO register.
What is the turnover of JF ELEC?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €37,261 and 45 comparable companies (NACE 43211). It probably lies between €120,000 and €270,000.Financials
Is JF ELEC profitable?
In financial year 2025, JF ELEC made a profit of €21,099.
Where can I find the annual accounts of JF ELEC?
JF ELEC filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JF ELEC due?
JF ELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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