Checked.be
Active
BE 1006.931.660Private limited company
JHOWELDING SERVICE
Avenue Emile Herman 336 ·7170 Manage, Belgium· 2 yrs active
Sector: Vervaardiging van ijzer en staal en van ferrolegeringen
(24100)
Conclusion
The computed 12-month bankruptcy probability of JHOWELDING SERVICE is 2.4% (moderate). The 2024 annual accounts show equity of €17k and a net result of €14k. Its solvency ranks better than 86% of 41 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €17k |
| Net result | €14k |
| Better than sector | 86% |
| Active | 2 yrs |
Financial profile
88
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
85
Profitability
100
Solvency
100
Growth
-
Stability
67
Bankruptcy probability (12 mo)
2.4%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
85
/ 100
Excellent
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 25-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 24 · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.7% | 31.9% | |
| Net result | €14k | €14k | |
| Equity | €17k | €72k | |
| Gross operating margin | €17k | €117k | |
| Total assets | €25k | €338k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €13k |
| EBITDA | - |
| Net profit | €14k |
| Cash flow | - |
| Staff costs | €3k |
| Income taxes | - |
| Dividends | - |
| Total assets | €25k |
| Equity | €17k |
| Debt | €9k |
| of which ≤ 1y | €9k |
| of which > 1y | - |
| Working capital | €17k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.90 |
| Quick ratio | 2.90 |
| Working capital ratio | 65.3% |
| Solvency | 65.7% |
| Debt / equity | 0.52 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | -727.5% |
| Net margin | 107.4% |
| ROA | 53.9% |
| ROE | 82.1% |
| EBITDA margin | - |
| Days sales outstanding | 27d |
| Days payable outstanding | 15d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €25k |
| Fixed assets | 21/28 | €99 |
| Financial fixed assets | 28 | €99 |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €25k |
| Equity | 10/15 | €17k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €14k |
| Amounts payable | 17/49 | €9k |
| Amounts payable within one year | 42/48 | €9k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Turnover | 70 | €13k |
| Gross operating margin | 9900 | €17k |
| Operating result | 9901 | €14k |
| Financial charges | 65 | €224 |
| Result before taxes | 9903 | €14k |
| Net result for the period | 9904 | €14k |
| Result to be appropriated | 9905 | €14k |
Ratios computed by Checked.
Legal Structure
| NACE primary | Vervaardiging van ijzer en staal en van ferrolegeringen(24100) |
| Legal form | Private limited company(610) |
| Incorporation | 08-03-2024 |
| Status | Active |
| Postal code | 7170 |
Establishment units
J.W.S. Chauffage, Sanitaire
since 20242.357.224.120
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52019A0230/00A007 | Wallonia | 150 m² | 1 · 46 m² | 8.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
25-08-2025
NBB filing
Annual accounts filed
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Vervaardiging van ijzer en staal en van ferrolegeringen24100Vervaardiging van ijzer en staal en van ferrolegeringen24100Vervaardiging van buizen, pijpen, holle profielen en fittings daarvoor, van staal24200Vervaardiging van buizen, pijpen, holle profielen en fittings daarvoor, van staal24200Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Coating van metalen25510Oppervlaktebehandeling van metalen25610Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222
Primary activity highlighted.
Names & trade names
| Legal nameFR | JHOWELDING SERVICE |
| AbbreviationFR | JWS |
| Trade nameFR | J.W.S. Chauffage, Sanitaire |
Registered office
Avenue Emile Herman 336
7170 Manage, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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