JGL Constructions
ActiveSummary
JGL Constructions has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-118k) and a net result of €-19k. Equity is shrinking by ~88.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.06 in 2024; short-term debt: 964.8% and cash: 57.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-864.8%
Return on assets
-135.2%
Age of the figures
9 mo
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-118k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
17 d early
2023
19 d early
2022
18 d early
2021
17 d early
2020
40 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-19k▲ 14.6%
2024 · €-22k
2018: €-49k
2019: €-29k▲ +39.4% vs 2018
2020: €30k▲ +202% vs 2019highest in 8 years
2021: €-15k▼ -148% vs 2020
2022: €-1k▲ +93.1% vs 2021
2023: €-71k▼ -6942% vs 2022lowest in 8 years
2024: €-22k▲ +69.5% vs 2023
2025: €-19k▲ +14.6% vs 2024
2018 → 2025
Working capital
€-118k▼ 18.6%
2024 · €-100k
2018: €99khighest value
2019: €68k▼ -31.4% vs 2018
2020: €13k▼ -80.5% vs 2019
2022: €-4k
2023: €-78k▼ -1985% vs 2022
2024: €-100k▼ -27.6% vs 2023
2025: €-118k▼ -18.6% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€-7k▼ 16.2%€-78k▼ 981%€-100k▼ 27.7%€-118k▼ 18.5%
2021: €-6khighest in 5 years
2022: €-7k▼ -16.2% vs 2021
2023: €-78k▼ -981% vs 2022
2024: €-100k▼ -27.7% vs 2023
2025: €-118k▼ -18.5% vs 2024lowest in 5 years
Operating result€-14k-€-644▲ 95.5%€-71k▼ 10,857%€-21k▲ 70.0%€-18k▲ 15.0%
2021: €-14k
2022: €-644▲ +95.5% vs 2021highest in 5 years
2023: €-71k▼ -10857% vs 2022lowest in 5 years
2024: €-21k▲ +70.0% vs 2023
2025: €-18k▲ +15.0% vs 2024
Net result€-15k-€-1k▲ 93.1%€-71k▼ 6,942%€-22k▲ 69.5%€-19k▲ 14.6%
2021: €-15k
2022: €-1k▲ +93.1% vs 2021highest in 5 years
2023: €-71k▼ -6942% vs 2022lowest in 5 years
2024: €-22k▲ +69.5% vs 2023
2025: €-19k▲ +14.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €21k in 2024; the loss shrinks.
Key figures and ratios
Solvency
-864.8%
Current ratio
0.10▲
2024 · 0.06
Debt to equity
-1.12▼
2024 · -1.06
ROA
-135.2%▲
2024 · -351.6%
Debt
€132k▲
2024 · €106k
Debt ≤ 1 year
€132k▲
2024 · €106k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6k€14k▲
Current assets29/58€6k€14k▲
Amounts receivable within one year40/41€2k€6k▲
Trade receivables40€199-
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€248-
Equity and liabilities
Total equity and liabilities10/49€6k€14k▲
Equity10/15€-100k€-118k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€-163k€-182k▼
Amounts payable17/49€106k€132k▲
Amounts payable within one year42/48€106k€132k▲
Trade debts44-€1k
Suppliers440/4-€1k
Other amounts payable47/48€106k€131k▲
Accrued charges and deferred income492/3€85-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€21k-
Gross operating margin9900€-21k€-18k▲
Operating profit (loss)9901€-21k€-18k▲
Financial charges65/66B€476€487▲
Recurring financial charges65€476€487▲
Profit (loss) for the period before taxes9903€-22k€-19k▲
Profit (loss) for the period9904€-22k€-19k▲
Profit (loss) for the period to be appropriated9905€-22k€-19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-163k€-182k▼
Profit (loss) brought forward from the previous period14P€-141k€-163k▼
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €21k | - | - |
| Other operating charges640/8 | €4k | €410 | €446 | - | - | - |
| Gross operating margin9900 | €-10k | €-235 | €-70k | €-21k | €-18k | ▲ 15.0% |
| Operating profit (loss)9901 | €-14k | €-644 | €-71k | €-21k | €-18k | ▲ 15.0% |
| Financial charges65/66B | €335 | €364 | €443 | €476 | €487 | ▲ 2.4% |
| Recurring financial charges65 | €335 | €364 | €443 | €476 | €487 | ▲ 2.4% |
| Profit (loss) for the period before taxes9903 | €-15k | €-1k | €-71k | €-22k | €-19k | ▲ 14.6% |
| Profit (loss) for the period9904 | €-15k | €-1k | €-71k | €-22k | €-19k | ▲ 14.6% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €-1k | €-71k | €-22k | €-19k | ▲ 14.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21k | €6k | €4k | €6k | €14k | ▲ 122% |
| Current assets29/58 | €21k | €6k | €4k | €6k | €14k | ▲ 122% |
| Amounts receivable within one year40/41 | €65 | €742 | €950 | €2k | €6k | ▲ 146% |
| Trade receivables40 | - | - | - | €199 | - | - |
| Other amounts receivable41 | €65 | €742 | €950 | €2k | €6k | ▲ 168% |
| Cash at bank and in hand54/58 | €21k | €6k | €3k | €4k | €8k | ▲ 122% |
| Deferred charges and accrued income490/1 | - | - | - | €248 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21k | €6k | €4k | €6k | €14k | ▲ 122% |
| Equity10/15 | €-6k | €-7k | €-78k | €-100k | €-118k | ▼ 18.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | €1k | €1k | €1k | €1k | €1k | = |
| Legal reserve130 | €1k | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €-69k | €-70k | €-141k | €-163k | €-182k | ▼ 11.3% |
| Amounts payable17/49 | €27k | €13k | €82k | €106k | €132k | ▲ 24.6% |
| Amounts payable within one year42/48 | - | €10k | €82k | €106k | €132k | ▲ 24.7% |
| Trade debts44 | - | - | - | - | €1k | - |
| Suppliers440/4 | - | - | - | - | €1k | - |
| Other amounts payable47/48 | - | €10k | €82k | €106k | €131k | ▲ 23.6% |
| Accrued charges and deferred income492/3 | €27k | €3k | - | €85 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €-1k | €-71k | €-22k | €-19k | ▲ 14.6% |
| Operating cash flow (approximation) | €-15k | €-1k | €-71k | €-22k | €-19k | ▲ 14.6% |
| Change in cash | - | €-15k | €-3k | €745 | €4k | ▲ 481% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2012
Ground area
789 m²
Building footprint
257 m²
Volume, LiDAR
3,851 m³
Parcel 71022H0530/00R003, Flanders · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
57
companies at this address
See who is registered here
1 establishment unit
JGL Constructions
since 20122.252.492.824
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0530/00R003 | Flanders | 789 m² | 1 · 257 m² | 17.6 m · 5 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-10-2012
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.