JK Group
ActiveThe computed 12-month bankruptcy probability of JK Group is 1.5% (moderate). The 2024 annual accounts show equity of €137k and a net result of €71k. Its solvency ranks better than 84% of 1329 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+3
Growth78
Stability94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 7.49 against 3.22 in 2023), and 24.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€137k▲ 107%
2023 · €66k
2023: €66k
2023 → 2024
Total assets
€181k▲ 49.7%
2023 · €121k
2023: €121k
2023 → 2024
Net result
€71k▲ 90.1%
2023 · €37k
2023: €37k
2023 → 2024
Working capital
€126k▲ 83.9%
2023 · €69k
2023: €69k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€66k-€137k▲ 107%
Operating result€48k-€95k▲ 98.7%
Net result€37k-€71k▲ 90.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 99% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €181k
Fixed assets
€36k▲ 65.5%
Current assets
€145k▲ 46.3%
Equity and liabilities €181k
Equity
€137k▲ 107%
Debt
€44k▼ 19.8%
The debt ratio falls from 45.1% to 24.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€105k▲
2023 · €59k
Cash flow
€81k▲
2023 · €49k
Solvency
75.8%▲
2023 · 54.9%
Current ratio
7.49▲
2023 · 3.22
Quick ratio
7.49▲
2023 · 3.22
Debt / equity
0.32▼
2023 · 0.82
ROE
51.6%▼
2023 · 56.2%
ROA
39.2%▲
2023 · 30.8%
Interest coverage
76.67▼
2023 · 741.96
Debt
€44k▼
2023 · €55k
Debt ≤ 1 year
€19k▼
2023 · €31k
Debt > 1 year
€24k▲
2023 · €24k
Income taxes
€23k▲
2023 · €11k
Staff costs
€531
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€121k€181k▲
Fixed assets21/28€22k€36k▲
Tangible fixed assets22/27€22k€36k▲
Plant, machinery and equipment23€12k€27k▲
Furniture and vehicles24€3k€4k▲
Other tangible fixed assets26€7k€6k▼
Current assets29/58€99k€145k▲
Amounts receivable within one year40/41€74k€68k▼
Trade receivables40€69k€59k▼
Other amounts receivable41€5k€9k▲
Cash at bank and in hand54/58€25k€78k▲
Deferred charges and accrued income490/1€409-
Equity and liabilities
Total equity and liabilities10/49€121k€181k▲
Equity10/15€66k€137k▲
Contributions10/11€1k€1k=
Reserves13€28k€115k▲
Distributable reserves133€28k€115k▲
Profit (loss) carried forward14€37k€21k▼
Amounts payable17/49€55k€44k▼
Amounts payable after more than one year17€24k€24k▲
Other amounts payable178/9€24k€24k▲
Amounts payable within one year42/48€31k€19k▼
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Taxes, remuneration and social security45€20k€12k▼
Taxes450/3€18k€9k▼
Remuneration and social security454/9€2k€3k▲
Income statement
Code20232024
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62-€531
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€61k€113k▲
Operating profit (loss)9901€48k€95k▲
Financial income75/76B€1€191▲
Recurring financial income75€1€191▲
Financial charges65/66B€80€1k▲
Recurring financial charges65€80€1k▲
Profit (loss) for the period before taxes9903€48k€94k▲
Income taxes67/77€11k€23k▲
Profit (loss) for the period9904€37k€71k▲
Profit (loss) for the period to be appropriated9905€37k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€108k▲
Profit (loss) brought forward from the previous period14P€18k€37k▲
Transfer to equity691/2€18k€87k▲
To other reserves6921€18k€87k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 7.49
Current ratio from 3.22 to 7.49; short-term debt falls from €31k to €19k.
31-12
Financial
Equity above €100kEq €137k ▲107%
2 profitable years in a row build equity to €137k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Tienen · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Hubertusstraat(OPL) 1703300 TienenGround area
626 m²
Building footprint
138 m²
Volume, LiDAR
776 m³
Parcel 24082B0062/00Z006, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Hubertusstraat(OPL) 170, 3300 Tienen
since 20212.311.280.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24082B0062/00Z006 | Flanders | 626 m² | 1 · 137 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsElektrotechnicus (vwo)
Elektrotechnicus duaal (so)
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Of 1,806 companies in sector 42220 we hold annual accounts for 948. 690 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2020
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
01610Support activities for crop production
43221Plumbing work
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.