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JJLD

Active
Private limited companyfounded 20242 yrs activeSingelbeekstraat 142, 3500 Hasselt, BelgiumKBO/BCE: BE 1014.119.063
Summary

The computed 12-month bankruptcy probability of JJLD is 2.6% (moderate). The 2025 annual accounts show equity of €10,529 and a net result of €9,529. Its solvency ranks better than 25% of 28051 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
Profitability96
Solvency49
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.13; short-term debt: 75.9% and cash: 36.4% of total assets), and 75.9% 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 · 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
24.1%
Return on assets
21.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
14 d late
← 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 25 September 2024, JJLD was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€10,529
Total assets
€43,729
Net result
€9,529
Working capital
€4,396

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

Balance-sheet composition
Assets €43,729
Fixed assets €6,133
Current assets €37,596
Equity and liabilities €43,729
Equity €10,529
Debt €33,200
Debt finances 75.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€16,973
Cash flow
€12,098
Current ratio
1.13
Debt to equity
3.15
ROE
90.5%
ROA
21.8%
Interest coverage
17.19
Debt ≤ 1 year
€33,200
Income taxes
€3,888

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€43,729
Fixed assets21/28€6,133
Tangible fixed assets22/27€1,133
Furniture and vehicles24€1,133
Financial fixed assets28€5,000
Current assets29/58€37,596
Amounts receivable within one year40/41€20,613
Trade receivables40€12,000
Other amounts receivable41€8,613
Cash at bank and in hand54/58€15,937
Deferred charges and accrued income490/1€1,047
Equity and liabilities
Total equity and liabilities10/49€43,729
Equity10/15€10,529
Contributions10/11€1,000
Profit (loss) carried forward14€9,529
Amounts payable17/49€33,200
Amounts payable within one year42/48€33,200
Trade debts44€1,909
Suppliers440/4€1,909
Taxes, remuneration and social security45€701
Taxes450/3€701
Other amounts payable47/48€30,590
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,569
Other operating charges640/8€1,124
Gross operating margin9900€18,097
Operating profit (loss)9901€14,404
Financial charges65/66B€988
Recurring financial charges65€988
Profit (loss) for the period before taxes9903€13,417
Income taxes67/77€3,888
Profit (loss) for the period9904€9,529
Profit (loss) for the period to be appropriated9905€9,529
Appropriation of the result
Profit (loss) to be appropriated9906€9,529

The notes to these accounts (7 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€2,569
Other operating charges640/8€1,124
Gross operating margin9900€18,097
Operating profit (loss)9901€14,404
Financial charges65/66B€988
Recurring financial charges65€988
Profit (loss) for the period before taxes9903€13,417
Income taxes67/77€3,888
Profit (loss) for the period9904€9,529
Profit (loss) for the period to be appropriated9905€9,529
Line2025
Assets
Total assets20/58€43,729
Fixed assets21/28€6,133
Tangible fixed assets22/27€1,133
Furniture and vehicles24€1,133
Financial fixed assets28€5,000
Current assets29/58€37,596
Amounts receivable within one year40/41€20,613
Trade receivables40€12,000
Other amounts receivable41€8,613
Cash at bank and in hand54/58€15,937
Deferred charges and accrued income490/1€1,047
Equity and liabilities
Total equity and liabilities10/49€43,729
Equity10/15€10,529
Contributions10/11€1,000
Profit (loss) carried forward14€9,529
Amounts payable17/49€33,200
Amounts payable within one year42/48€33,200
Trade debts44€1,909
Suppliers440/4€1,909
Taxes, remuneration and social security45€701
Taxes450/3€701
Other amounts payable47/48€30,590
Line2025
Profit (loss) for the period9904€9,529
+ Depreciation and write-downs630€2,569
Operating cash flow (approximation)€12,098

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
14-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
NBB filing
0 of 1 act read
About the unread acts

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.

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Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
236 m²
Building footprint
177 m²
Parcel 71328D0421/00H006, Flanders. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
JJLD BV
Singelbeekstraat 142, 3500 HasseltManufacture of electrical equipment
since 20242.365.173.071
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0421/00H006 Flanders 236 m² 1 · 177 m² -
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

Of 7,043 companies in sector 43221 we hold annual accounts for 3,473. 1,829 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
Founded25-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014119063
Also 9925:BE1014119063
Registered 02-07-2026

Register as of 26 September 2026 · Peppol Directory

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