Equity
€677,887 from €3.6m in 2023
Equity fell by 81% in 2 years.
JIDE
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1991peak €4.6m (2023)
€2.2m▼ 29.9%
peak €2.4m (2023)
€147,472▼ 84.1%
peak €3.6m (2023)
€677,887▲ 26.1%
€4.6m▼ 45.0%
peak 23.5 FTE (2024)
21.3 FTE▼ 9.4%
Board7 names since 2020
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
15-01-202616 days before the deadline
2025financial year
Gross margin from €3.1m to €2.2mResult from €927,440 to €147,472Staff from 23.5 FTE to 21.3 FTEEquity from €537,610 to €677,887Debts from €8.3m to €4.6m
Key points
from the 2025 annual accountsResult
€147,472 ▼ 84.1%
The result fell in 2025 from €927,440 to €147,472.
Debts
€4.6m 86% of the balance sheet
Financial debts 42%Suppliers 4%Taxes and wages 2%Other 51%
Of this, €2.6m falls due within a year.
Staff
21 employees on 30-06-2025
In 2025, 5 people joined and 5 left.
Board
4 joined · 1 left
Board changed. Latest change 08-07-2026 · 4 in office.
Position in the sector
12.7%
Lower solvency than 90% of companies in fabricated metal products. Sector median 43.2% · 451 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,681 companies had the same profile as JIDE has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,681 companies, not a prediction for JIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
Director
Director,
- 100%score equity €5.5m (2025) · 30-06-2025 annual accounts of
Recent changes
Appointment: (director)
Permanent representative: · Gazette deed
3 directors appointed, 2 resignations
Resignations: and (managing director) · Permanent representatives: and · Appointments: , and · General meeting of 03-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440445920
2 directors reappointed
and · Permanent representatives: and · General meeting of 05-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JIDE Herve | €5.3m | €2.2m | 12.7% | 21.3 |
| ATEC Assenede | €5.4m | €2.0m | 20.6% | 21.6 |
| ATELIER DE MECANIQUE GENERALE FRANCIS FRAIPONT Stavelot | €7.0m | €2.8m | 47.1% | 20.6 |
| ALMASY Hoogstraten | €3.7m | €2.0m | 0.9% | 19.4 |
| OSG DAVID GRINDING SERVICES Kuurne | €3.9m | €2.2m | 56.8% | 19.1 |
| VENDURO Lokeren | €3.2m | €2.0m | 51.5% | 21.1 |
| ALU-COATING Brecht | €5.1m | €3.1m | 85.7% | 16 |
These companies have the same main activity as JIDE: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €3.2m and €7m, founded between 1983 and 1994.
Official details
Source: KBO- Status
- Active since 02-05-1990Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25999and 3 others
- Establishment unit
- 2.048.266.2524650 Herve, since 17-05-1990
- Financial year end
- 30 June
- Peppol
- Reachable since 13-08-2025
Annual accounts to 30-06-2025
- ≈ €3.7mestimated
- €5.3m▼ 40.4%
- Employeeson 30-06-2025
- 21=
- Filing
- Filed on 15-01-2026, 16 days before the end of the filing period
Insights on JIDE
JIDE has existed since 1990. The gross margin grew from €210,109 in 2006 to €2.2m in 2025 and staff from 4 to 21.3 full-time equivalents.
Solvency rose in 2025 from 6.0% to 12.7% because of the retained profit and lower debts.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JIDE
- What is the company number of JIDE?
- The company number of JIDE is 0440.445.920. The VAT number is the same number with BE in front: BE 0440.445.920.
- Where is JIDE based?
- The registered office is at Rue des Meuneries 11, 4650 Herve.Company details
- What does JIDE do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
- What is the legal form of JIDE?
- JIDE is a public limited company (NV).
- When was JIDE founded?
- JIDE was founded on 02-05-1990.
- Is JIDE still active?
- Yes, JIDE is an active enterprise in the KBO register.
- How many employees does JIDE have?
- JIDE had an average of 21.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of JIDE?
- The turnover in financial year 2025 is ≈ €3.7m. This figure is estimated from the gross margin of €2.2m and 1,585 comparable companies of the same size. It probably lies between €2.5m and €6.1m. It is a rough estimate.
- Is JIDE profitable?
- In financial year 2025, JIDE made a profit of €147,472.
- Where can I find the annual accounts of JIDE?
- JIDE filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JIDE due?
- JIDE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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