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JG Technics

Active
Private limited companyfounded 20251 yr activePapegaaistraat 81, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 1021.621.321
Summary

The computed 12-month bankruptcy probability of JG Technics is 1.6% (moderate). The 2025 annual accounts show equity of €15,423 and a net result of €15,256. Its solvency ranks better than 22% of 28281 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability94
Solvency46
Growth-
Track record67
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.07; short-term debt: 45.6% and cash: 20% of total assets), and 79.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
20.5%
Return on assets
20.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 28281 sector peers (2025).
NBB · sector comparison
Position among 28281 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

JG Technics was incorporated on 28 March 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€15,423
Total assets
€75,084
Net result
€15,256
Working capital
€2,462

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €75,084
Fixed assets €38,359
Current assets €36,724
Equity and liabilities €75,084
Equity €15,423
Debt €59,661
Debt finances 79.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€22,938
Cash flow
€19,354
Current ratio
1.07
Quick ratio
0.86
Debt to equity
3.87
ROE
98.9%
ROA
20.3%
Interest coverage
30.41
Debt ≤ 1 year
€34,263
Debt > 1 year
€25,398
Income taxes
€2,860

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 2,390 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€75,084
Fixed assets21/28€38,359
Tangible fixed assets22/27€38,359
Plant, machinery and equipment23€8,130
Furniture and vehicles24€30,229
Current assets29/58€36,724
Stocks and contracts in progress3€7,358
Stocks30/36€7,358
Amounts receivable within one year40/41€14,329
Trade receivables40€10,248
Other amounts receivable41€4,081
Cash at bank and in hand54/58€15,037
Equity and liabilities
Total equity and liabilities10/49€75,084
Equity10/15€15,423
Contributions10/11€1,000
Reserves13€14,423
Distributable reserves133€14,423
Profit (loss) carried forward14€0
Amounts payable17/49€59,661
Amounts payable after more than one year17€25,398
Financial debts170/4€25,398
Amounts payable within one year42/48€34,263
Current portion of amounts payable after more than one year42€6,742
Trade debts44€6,188
Suppliers440/4€6,188
Taxes, remuneration and social security45€2,860
Taxes450/3€2,860
Other amounts payable47/48€18,473
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,098
Other operating charges640/8€337
Gross operating margin9900€23,276
Operating profit (loss)9901€18,840
Financial income75/76B€31
Recurring financial income75€31
Financial charges65/66B€754
Recurring financial charges65€754
Profit (loss) for the period before taxes9903€18,116
Income taxes67/77€2,860
Profit (loss) for the period9904€15,256
Profit (loss) for the period to be appropriated9905€15,256
Appropriation of the result
Profit (loss) to be appropriated9906€15,256
Transfer to equity691/2€14,423
To other reserves6921€14,423
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,098
Other operating charges640/8€337
Gross operating margin9900€23,276
Operating profit (loss)9901€18,840
Financial income75/76B€31
Recurring financial income75€31
Financial charges65/66B€754
Recurring financial charges65€754
Profit (loss) for the period before taxes9903€18,116
Income taxes67/77€2,860
Profit (loss) for the period9904€15,256
Profit (loss) for the period to be appropriated9905€15,256
Line2025
Assets
Total assets20/58€75,084
Fixed assets21/28€38,359
Tangible fixed assets22/27€38,359
Plant, machinery and equipment23€8,130
Furniture and vehicles24€30,229
Current assets29/58€36,724
Stocks and contracts in progress3€7,358
Stocks30/36€7,358
Amounts receivable within one year40/41€14,329
Trade receivables40€10,248
Other amounts receivable41€4,081
Cash at bank and in hand54/58€15,037
Equity and liabilities
Total equity and liabilities10/49€75,084
Equity10/15€15,423
Contributions10/11€1,000
Reserves13€14,423
Distributable reserves133€14,423
Profit (loss) carried forward14€0
Amounts payable17/49€59,661
Amounts payable after more than one year17€25,398
Financial debts170/4€25,398
Amounts payable within one year42/48€34,263
Current portion of amounts payable after more than one year42€6,742
Trade debts44€6,188
Suppliers440/4€6,188
Taxes, remuneration and social security45€2,860
Taxes450/3€2,860
Other amounts payable47/48€18,473
Line2025
Profit (loss) for the period9904€15,256
+ Depreciation and write-downs630€4,098
Operating cash flow (approximation)€19,354

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Oostrozebeke · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,423 m²
Building footprint
139 m²
Volume, LiDAR
720 m³
Parcel 37010F0178/00B000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JG Technics
Papegaaistraat 81, 8780 OostrozebekeGeneral electrical installation work
since 20252.372.032.951
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37010F0178/00B000 Flanders 1,423 m² 1 · 139 m² 7.4 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.

Similar companies · same sector, comparable size

Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 6,617 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
Founded28-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021621321
Also 9925:BE1021621321
Registered 18-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.