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JG Technics

Active
Private limited companyfounded 2025active for 1 yearPapegaaistraat 81, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 1021.621.321
Summary

JG Technics has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,423 and a net result of €15,256. Its solvency ranks better than 22% of 34,234 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Financials · financial year 2025, micro format

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

Turnover and EBIT margin not published: the micro format 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 96.6% 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
96.6% 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: 1.5% 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 497,474 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% 1.8%
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 74.5% 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.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 09-07-2026 2026-00273146

Similar companies · same sector, comparable size

Of the 22,617 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,443. 6,724 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.