Equity
-€52,534
Debts exceed assets in financial year 2025.
JG Connect
Lifetime
2 annual accounts with figures on one time axispeak -€14,226 (2024)
-€17,448▼ €3,223
lowest -€37,370 (2025)
-€37,370▼ €19,206
peak -€15,164 (2024)
-€52,534▼ €37,370
€93,457▲ 33.5%
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from -€14,226 to -€17,448Loss of €37,370Equity from -€15,164 to -€52,534Debts from €70,028 to €93,457
Key points
from the 2025 annual accountsLosses
-€55,534 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€93,457 228% of the balance sheet
Financial debts 37%Suppliers 13%Taxes and wages 3%Other 47%
Of this, €57,977 falls due within a year.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as JG Connect has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Another 0.8% 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.
| 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 7,654 companies, not a prediction for JG Connect. 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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Signals
Board and ownership
Director, since 30-09-2024
Director, since 30-09-2024
- founderdeed of 03-10-2024
- founderdeed of 03-10-2024
- founderdeed of 03-10-2024
Recent changes
Incorporation
Founding capital of €3,000, 100 shares · Founders: , and · Appointments: (director) and (director) · published on 03-10-2024 · Gazette deed
First establishment
Zavelstraat 5a, Stekene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JG Connect Stekene | €40,924 | -€17,448 | -128.4% | - |
| GLOBAL PROJECTS Charleroi | €43,111 | -€9,697 | 6.8% | - |
| ELETEK Sint-Pieters-Leeuw | €41,707 | -€1,946 | 2.5% | - |
| LMC TECHNOLOGY GROUP Saint-Nicolas | €37,967 | -€15,239 | -57.5% | - |
| Close Call Consultancy Puurs-Sint-Amands | €47,402 | -€17,086 | 52.6% | - |
| A-Ware Tessenderlo-Ham | €41,298 | -€10,719 | -68.8% | - |
| MS-WORX Malle | €40,866 | €527 | -10.3% | - |
These companies have the same main activity as JG Connect: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €38,000 and €47,400, founded in 2024.
Official details
Source: KBO- Status
- Active since 01-10-2024Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.365.835.8399190 Stekene, since 01-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €40,924▼ 25.4%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on JG Connect
The 2025 annual accounts show negative equity (-€52,534) and a net result of -€37,370. Its solvency ranks better than 5% of 37,211 sector peers (NACE 43, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 JG Connect
- What is the company number of JG Connect?
- The company number of JG Connect is 1014.402.046. The VAT number is the same number with BE in front: BE 1014.402.046.
- Where is JG Connect based?
- The registered office is at Zavelstraat 5a, 9190 Stekene.Company details
- What does JG Connect do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of JG Connect?
- JG Connect is a private limited company (BV).
- When was JG Connect founded?
- JG Connect was founded on 01-10-2024.
- Is JG Connect still active?
- Yes, JG Connect is an active enterprise in the KBO register.
- What is the turnover of JG Connect?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is JG Connect profitable?
- In financial year 2025, JG Connect made a loss of €37,370.
- Where can I find the annual accounts of JG Connect?
- JG Connect filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JG Connect due?
- JG Connect must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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