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Jifrantec

Active
Private limited companyfounded 2024active for 2 yearsHouthoek 21, 2430 Laakdal, BelgiumKBO/BCE: BE 1010.809.482
Summary

The computed 12-month bankruptcy probability of Jifrantec is 2.1% (moderate). The 2025 annual accounts show equity of €14,532 and a net result of €12,532. Its solvency ranks better than 28% of 34,052 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€55,599total assets 2025
Equity
€14,532
Profit
€12,532
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Structure
Accounts 35 days early0 of 1 deed read
Why 53raises riskFounded in 2024Size: total assets €55,599Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 0.74, cash €6,184Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 47% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 51
equity 26.1% of total assets
Liquidity 52
short-term debt 29.5% · cash 11.1%
Profitability 84
return on assets 22.5%
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,540 companies, NACE 43, micro)
Last 24 months 07-2025: 1.9%lowest value 08-2025: 1.9%● unchanged vs 07-2025lowest value 09-2025: 2.0%▲ +0.1 percentage points vs 08-2025 10-2025: 2.3%▲ +0.3 percentage points vs 09-2025 11-2025: 2.4%▲ +0.1 percentage points vs 10-2025 12-2025: 2.7%▲ +0.3 percentage points vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 3.0%▲ +0.3 percentage points vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 2.9%▼ -0.1 percentage points vs 03-2026 05-2026: 3.2%▲ +0.3 percentage points vs 04-2026 06-2026: 3.3%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 2.1%▼ -1.2 percentage points vs 06-2026 08-2026: 2.1%● unchanged vs 07-2026 09-2026: 2.1%● unchanged vs 08-2026 10-2026: 2.1%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.74, below 1; short-term debt: 29.5% and cash: 11.1% of total assets), and 73.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 28% on solvency, 46% on liquidity and 67% on profitability.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €55,599
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 0.74, cash €6,184
NBB · annual accounts
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 26-06-2026, 35 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
35 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…

Financials · financial year 2025, micro format

Equity
€14,532
Total assets
€55,599
Net result
€12,532
Working capital
-€4,188

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €55,599
Fixed assets €43,402
Current assets €12,197
Equity and liabilities €55,599
Equity €14,532
Debt €41,067
Debt finances 73.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,337
Cash flow
€20,941
Current ratio
0.74
Debt to equity
2.83
ROE
86.2%
ROA
22.5%
Interest coverage
4.42
Debt ≤ 1 year
€16,385
Debt > 1 year
€24,682
Income taxes
€3,321

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€55,599
Fixed assets21/28€43,402
Tangible fixed assets22/27€43,402
Plant, machinery and equipment23€1,018
Furniture and vehicles24€2,029
Leasing and similar rights25€35,439
Other tangible fixed assets26€4,917
Current assets29/58€12,197
Amounts receivable within one year40/41€4,434
Trade receivables40€3,083
Other amounts receivable41€1,351
Cash at bank and in hand54/58€6,184
Deferred charges and accrued income490/1€1,579
Equity and liabilities
Total equity and liabilities10/49€55,599
Equity10/15€14,532
Contributions10/11€2,000
Reserves13€12,532
Distributable reserves133€12,532
Amounts payable17/49€41,067
Amounts payable after more than one year17€24,682
Financial debts170/4€24,682
Amounts payable within one year42/48€16,385
Current portion of amounts payable after more than one year42€5,166
Trade debts44€1,839
Suppliers440/4€1,839
Taxes, remuneration and social security45€6,527
Taxes450/3€6,527
Other amounts payable47/48€2,854
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,409
Other operating charges640/8€5,441
Gross operating margin9900€36,778
Operating profit (loss)9901€22,928
Financial income75/76B€16
Recurring financial income75€16
Financial charges65/66B€7,091
Recurring financial charges65€7,091
Profit (loss) for the period before taxes9903€15,853
Income taxes67/77€3,321
Profit (loss) for the period9904€12,532
Profit (loss) for the period to be appropriated9905€12,532
Appropriation of the result
Profit (loss) to be appropriated9906€12,532
Transfer to equity691/2€12,532
To other reserves6921€12,532

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,409
Other operating charges640/8€5,441
Gross operating margin9900€36,778
Operating profit (loss)9901€22,928
Financial income75/76B€16
Recurring financial income75€16
Financial charges65/66B€7,091
Recurring financial charges65€7,091
Profit (loss) for the period before taxes9903€15,853
Income taxes67/77€3,321
Profit (loss) for the period9904€12,532
Profit (loss) for the period to be appropriated9905€12,532
Line2025
Assets
Total assets20/58€55,599
Fixed assets21/28€43,402
Tangible fixed assets22/27€43,402
Plant, machinery and equipment23€1,018
Furniture and vehicles24€2,029
Leasing and similar rights25€35,439
Other tangible fixed assets26€4,917
Current assets29/58€12,197
Amounts receivable within one year40/41€4,434
Trade receivables40€3,083
Other amounts receivable41€1,351
Cash at bank and in hand54/58€6,184
Deferred charges and accrued income490/1€1,579
Equity and liabilities
Total equity and liabilities10/49€55,599
Equity10/15€14,532
Contributions10/11€2,000
Reserves13€12,532
Distributable reserves133€12,532
Amounts payable17/49€41,067
Amounts payable after more than one year17€24,682
Financial debts170/4€24,682
Amounts payable within one year42/48€16,385
Current portion of amounts payable after more than one year42€5,166
Trade debts44€1,839
Suppliers440/4€1,839
Taxes, remuneration and social security45€6,527
Taxes450/3€6,527
Other amounts payable47/48€2,854
Line2025
Profit (loss) for the period9904€12,532
+ Depreciation and write-downs630€8,409
Operating cash flow (approximation)€20,941

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 26-06-2026 2026-00201924

Similar companies · same sector, comparable size

Of the 22,592 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,443. 6,588 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Jifrantec was incorporated on 26 June 2024 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
26-06
NBB filing Annual accounts filed
financial year 2025 · micro format
NBB filing
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded26-06-2024
Financial year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010809482
Also 9925:BE1010809482
Registered 01-10-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 13 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1010.809.482

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Laakdal · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
147 m²
Building footprint
145 m²
Building volume
662 m³
Parcel 13045A0788/00N000, Flanders · tallest building 7.2 m. Linked by address, not a title deed.
1 establishment unit
Jifrantec
Houthoek 21, 2430 LaakdalGeneral electrical installation work
since 2024unit no. 2.361.415.411
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13045A0788/00N000 Flanders 147 m² 1 · 145 m² 7.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.