JH PROCESS ENGINEERING
ActiveSummary
JH PROCESS ENGINEERING has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €95k and a net result of €18k. Its solvency ranks better than 84% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89▼-11
Solvency100▲+11
Growth52
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 6.33 against 2.73 in 2023; short-term debt: 15.4% and cash: 39.5% of total assets), and 15.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€95k▲ 24.0%
2023 · €77k
Total assets
€112k▼ 6.8%
2023 · €121k
Net result
€18k▼ 75.7%
2023 · €76k
Working capital
€92k▲ 21.4%
2023 · €76k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€108k-€29k▼ 73.6%
Net result€76k-€18k▼ 75.7%
Equity€77k-€95k▲ 24.0%
Total assets€121k-€112k▼ 6.8%
Debt€44k-€17k▼ 60.5%
Working capital€76k-€92k▲ 21.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 74% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112k
Fixed assets
€3k ▲ 383%
Current assets
€110k ▼ 8.5%
Equity and liabilities €112k
Equity
€95k ▲ 24.0%
Debt
€17k ▼ 60.5%
Debt's share of the balance-sheet total falls from 36.4% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2023 · €108k
Cash flow
€19k▼
2023 · €76k
Current ratio
6.33▲
2023 · 2.73
Debt to equity
0.18▼
2023 · 0.57
ROE
19.4%▼
2023 · 98.7%
ROA
16.4%▼
2023 · 62.8%
Interest coverage
10.92▼
2023 · 33.86
Debt ≤ 1 year
€17k▼
2023 · €44k
Income taxes
€8k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70 | €254 | ▲ 262% |
| Other operating charges640/8 | €1k | €1k | ▲ 8.6% |
| Gross operating margin9900 | €109k | €30k | ▼ 72.6% |
| Operating profit (loss)9901 | €108k | €29k | ▼ 73.6% |
| Financial income75/76B | €25 | - | - |
| Recurring financial income75 | €25 | - | - |
| Financial charges65/66B | €3k | €3k | ▼ 17.4% |
| Recurring financial charges65 | €3k | €3k | ▼ 17.4% |
| Profit (loss) for the period before taxes9903 | €105k | €26k | ▼ 75.3% |
| Income taxes67/77 | €29k | €8k | ▼ 74.3% |
| Profit (loss) for the period9904 | €76k | €18k | ▼ 75.7% |
| Profit (loss) for the period to be appropriated9905 | €76k | €18k | ▼ 75.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €121k | €112k | ▼ 6.8% |
| Fixed assets21/28 | €549 | €3k | ▲ 383% |
| Tangible fixed assets22/27 | €549 | €3k | ▲ 383% |
| Furniture and vehicles24 | €549 | €3k | ▲ 383% |
| Current assets29/58 | €120k | €110k | ▼ 8.5% |
| Amounts receivable within one year40/41 | €20k | €14k | ▼ 30.9% |
| Trade receivables40 | €19k | €14k | ▼ 28.1% |
| Other amounts receivable41 | €764 | - | - |
| Current investments50/53 | - | €45k | - |
| Cash at bank and in hand54/58 | €90k | €44k | ▼ 50.7% |
| Deferred charges and accrued income490/1 | €10k | €7k | ▼ 33.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €121k | €112k | ▼ 6.8% |
| Equity10/15 | €77k | €95k | ▲ 24.0% |
| Contributions10/11 | €1k | €1k | = |
| Reserves13 | €76k | €94k | ▲ 24.3% |
| Distributable reserves133 | €76k | €94k | ▲ 24.3% |
| Amounts payable17/49 | €44k | €17k | ▼ 60.5% |
| Amounts payable within one year42/48 | €44k | €17k | ▼ 60.5% |
| Trade debts44 | €2k | €366 | ▼ 84.0% |
| Suppliers440/4 | €1k | €366 | ▼ 66.1% |
| Bills of exchange payable441 | €1k | - | - |
| Taxes, remuneration and social security45 | €42k | €15k | ▼ 64.6% |
| Taxes450/3 | €39k | €15k | ▼ 61.9% |
| Remuneration and social security454/9 | €3k | - | - |
| Other amounts payable47/48 | - | €2k | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €76k | €18k | ▼ 75.7% |
| + Depreciation and write-downs630 | €70 | €254 | ▲ 262% |
| Operating cash flow (approximation) | €76k | €19k | ▼ 75.4% |
| Investment in fixed assets (approximation) | - | €-2k | - |
| Change in cash | - | €-46k | - |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.33
Current ratio from 2.73 to 6.33; short-term debt falls from €44k to €17k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Soignies · 1 establishment unit since 2022
Ground area
1,656 m²
Building footprint
161 m²
Volume, LiDAR
772 m³
Parcel 55006D0452/00F000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Jean Daubignies 2A, 7061 Soignies
since 20222.338.721.567
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55006D0452/00F000 | Wallonia | 1,656 m² | 1 · 161 m² | 6.7 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
JBD Consulting
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MR-CAM PROJECTS
BE 1007.608.878
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DAMIEN RENCHON
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WAVICAN
BE 0775.713.156
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LAUKEN
BE 0745.354.136
Middelkerke · Eq €95,217
Of 11,571 companies in sector 71121 we hold annual accounts for 6,563. 5,226 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
Founded25-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
jacquemin.engineering@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.