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JHL Construct

Active
Private limited companyfounded 20242 yrs activeTextielstraat 34, 8790 Waregem, BelgiumKBO/BCE: BE 1010.293.602
Summary

The computed 12-month bankruptcy probability of JHL Construct is 2.9% (moderate). The 2025 annual accounts show negative equity (-€117,994) and a net result of -€167,994. Its solvency ranks better than 9% of 2202 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability17
Solvency19
Growth-
Track record67
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95; short-term debt: 105.5% and cash: 13.9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-5.8%
Return on assets
-8.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 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

On 12 June 2024, JHL Construct was incorporated as a Private limited company.1 In 2026 the registered office moved to Waregem.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 25-09-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€117,994
Total assets
€2.0m
Net result
-€167,994
Working capital
-€111,844

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

Key figures and ratios
2025 value
Solvency
-5.8%
Current ratio
0.95
Quick ratio
0.13
Debt to equity
-18.33
ROA
-8.2%
Debt
€2.2m
Debt ≤ 1 year
€2.2m
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 26 lines
Balance sheet Code2025
Assets
Total assets20/58€2.0m
Current assets29/58€2.0m
Stocks and contracts in progress3€1.8m
Stocks30/36€1.8m
Amounts receivable within one year40/41€3,825
Other amounts receivable41€3,825
Cash at bank and in hand54/58€284,923
Equity and liabilities
Total equity and liabilities10/49€2.0m
Equity10/15-€117,994
Contributions10/11€50,000
Profit (loss) carried forward14-€167,994
Amounts payable17/49€2.2m
Amounts payable within one year42/48€2.2m
Trade debts44€203,886
Suppliers440/4€203,886
Other amounts payable47/48€2.0m
Accrued charges and deferred income492/3€6,150
Income statement Code2025
Other operating charges640/8€1,914
Gross operating margin9900-€62,594
Operating profit (loss)9901-€64,508
Financial charges65/66B€103,486
Recurring financial charges65€103,486
Profit (loss) for the period before taxes9903-€167,994
Profit (loss) for the period9904-€167,994
Profit (loss) for the period to be appropriated9905-€167,994
Appropriation of the result
Profit (loss) to be appropriated9906-€167,994

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€1,914
Gross operating margin9900-€62,594
Operating profit (loss)9901-€64,508
Financial charges65/66B€103,486
Recurring financial charges65€103,486
Profit (loss) for the period before taxes9903-€167,994
Profit (loss) for the period9904-€167,994
Profit (loss) for the period to be appropriated9905-€167,994
Line2025
Assets
Total assets20/58€2.0m
Current assets29/58€2.0m
Stocks and contracts in progress3€1.8m
Stocks30/36€1.8m
Amounts receivable within one year40/41€3,825
Other amounts receivable41€3,825
Cash at bank and in hand54/58€284,923
Equity and liabilities
Total equity and liabilities10/49€2.0m
Equity10/15-€117,994
Contributions10/11€50,000
Profit (loss) carried forward14-€167,994
Amounts payable17/49€2.2m
Amounts payable within one year42/48€2.2m
Trade debts44€203,886
Suppliers440/4€203,886
Other amounts payable47/48€2.0m
Accrued charges and deferred income492/3€6,150
Line2025
Profit (loss) for the period9904-€167,994
Operating cash flow (approximation)-€167,994

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
25-09
State Gazette act General meeting · Registered-office move
Power of attorney8 facts ▸
  • General meeting, 15-07-2026
  • Registered-office move, The Edge, 8790 Waregem, Textielstraat 34 bus 5
  • Power of attorney, Nadine Crocaerts
  • Power of attorney, Anton Baeten
  • Power of attorney, Pamina Pattou
  • Power of attorney, Timon Sohier
  • Power of attorney, Julie Vandenweghe
  • Power of attorney, Erin Verhaeghen
03-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3.4 ha
Building footprint
1.0 ha
Volume, LiDAR
96,689 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
36 companies at this address See who is registered here
1 establishment unit
JHL Construct
Wagenaarstraat 33, 8791 WaregemGeneral construction of buildings
since 20242.360.781.743
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34006B0596/00C000 Flanders 1.7 ha 1 · 1.0 ha 12.2 m · 3 fl.
34453F0322/00M000 Flanders 1.7 ha - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

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 2,454 companies in sector 41003 we hold annual accounts for 1,055. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Contact
E-mail info@groephuyzentruyt.be

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