JLB ENGINEERING
JLB ENGINEERING has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489k and a net result of €257k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 10963 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €489k |
| Net result | €257k |
| Staff (FTE) | 1 |
| Better than sector | 64% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 59.9% | 42.5% | |
| Net result | €257k | €6k | |
| Equity | €489k | €60k | |
| Gross operating margin | €428k | €29k | |
| Staff costs | €13k | €37k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €408k | €101k | €61k | €49k | €51k |
| Net profit | €257k | €46k | €20k | €15k | €15k |
| Cash flow | €288k | €78k | €48k | €39k | €38k |
| Staff costs | €13k | €13k | €12k | €11k | €10k |
| Income taxes | €118k | €20k | €10k | €8k | €10k |
| Dividends | - | - | - | - | - |
| Total assets | €817k | €721k | €552k | €402k | €501k |
| Equity | €489k | €232k | €185k | €165k | €150k |
| Debt | €327k | €489k | €367k | €237k | €351k |
| of which ≤ 1y | €230k | €383k | €234k | €93k | €185k |
| of which > 1y | €97k | €106k | €133k | €143k | €166k |
| Working capital | €280k | €53k | €6k | €15k | €2k |
| Employees (FTE) | 1.0 | 1.0 | 0.3 | 1.0 | 1.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.21 | 1.14 | 1.02 | 1.16 | 1.01 |
| Quick ratio | 2.03 | 1.12 | 0.93 | 0.92 | 0.89 |
| Working capital ratio | 34.2% | 7.3% | 1.0% | 3.8% | 0.5% |
| Solvency | 59.9% | 32.2% | 33.6% | 41.2% | 29.9% |
| Debt / equity | 0.67 | 2.11 | 1.98 | 1.43 | 2.34 |
| Long-term debt ratio | 0.20 | 0.46 | 0.72 | 0.87 | 1.11 |
| Interest coverage | 151.90 | 34.80 | 19.76 | 15.82 | 16.25 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 31.5% | 6.4% | 3.6% | 3.8% | 3.1% |
| ROE | 52.6% | 20.0% | 10.8% | 9.3% | 10.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €817k | €721k | €552k | €402k | €501k |
| Fixed assets | 21/28 | €307k | €285k | €313k | €294k | €314k |
| Intangible fixed assets | 21 | €0 | €0 | €0 | €0 | €0 |
| Tangible fixed assets | 22/27 | €307k | €285k | €313k | €294k | €314k |
| Financial fixed assets | 28 | - | - | - | - | €0 |
| Current assets | 29/58 | €510k | €436k | €240k | €108k | €188k |
| Stocks & contracts in progress | 3 | €42k | €7k | €21k | €22k | €24k |
| Amounts receivable within one year | 40/41 | €246k | €318k | €194k | €60k | €151k |
| Investments | 50/53 | €211k | €13k | €23k | €22k | €9k |
| Cash & bank | 54/58 | €10k | €97k | €1k | €4k | €4k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €817k | €721k | €552k | €402k | €501k |
| Equity | 10/15 | €489k | €232k | €185k | €165k | €150k |
| Contributions / capital | 10/11 | €82k | €82k | €82k | €82k | €82k |
| Reserves | 13 | €407k | €150k | €103k | €83k | €68k |
| Amounts payable | 17/49 | €327k | €489k | €367k | €237k | €351k |
| Amounts payable after one year | 17 | €97k | €106k | €133k | €143k | €166k |
| Amounts payable within one year | 42/48 | €230k | €383k | €234k | €93k | €185k |
| Trade debts payable within one year | 44 | €182k | €282k | €152k | €20k | €110k |
| Income statement | ||||||
| Gross operating margin | 9900 | €428k | €114k | €74k | €61k | €61k |
| Operating result | 9901 | €377k | €69k | €33k | €26k | €28k |
| Financial income | 75 | €1k | €458 | €323 | €539 | €251 |
| Financial charges | 65 | €3k | €3k | €3k | €3k | €3k |
| Result before taxes | 9903 | €375k | €67k | €30k | €23k | €25k |
| Income taxes | 67/77 | €118k | €20k | €10k | €8k | €10k |
| Net result for the period | 9904 | €257k | €46k | €20k | €15k | €15k |
| Result to be appropriated | 9905 | €257k | €46k | €20k | €15k | €15k |
-
Current05-12-2025 → present
| NACE primary | Wholesale of electrical household appliances and audio-video equipment(46431) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 27-08-1999 |
| Status | Active |
| Postal code | 2235 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016A0147/00X000 | Flanders | 798 m² | 1 · 229 m² | - |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-01-2026 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": false,
"effective_date": "2025-12-05",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0466.754.496",
"name_full": "JLB ENGINEERING",
"legal_form": "BVBA"
},
"signature_regime": null,
"special_mandates": [
{
"quote": "De vergadering beslist om Boekhoudteam BV, gevestigd te 2220 Heist-op-den-Berg, Herentalsesteenweg 55A/2, met ondernemingsnummer 0537.617.847, hierbij vertegenwoordigd door Kurt Winkelmans, volmacht te verlenen om alle nodige formulieren en stukken die nodig zijn om de genomen beslissing tot benoeming van mevr. Joyce Giebens, op te maken, te ondertekenen en neer te leggen op de griffie van de ondernemingsrechtbank te Antwerpen, afd. Mechelen, met het oog op de publicatie ervan in de bijlagen bij het Belgisch Staatsblad.",
"holder_kbo": "0537.617.847",
"holder_name": "Boekhoudteam BV",
"scope_categories": [
"publication",
"filing",
"neerlegging"
],
"with_substitution": false
}
],
"governance_change": {
"admin_delegated_added": []
}
}17-10-2014 Capital increase of €57,024.69 to €82,024.69
- €25.000 → €82.024,69
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 57024.69,
"currency": "EUR",
"after_eur": 82024.69,
"delta_eur": 57024.69,
"before_eur": 25000.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2014-09-23",
"evidence_quote": "De vergadering besluit het maatschappelijk kapitaal te verhogen ten bedrage van zevenenvijftigduizend vierentwintig euro en negenenzestig cent (\u20AC 57.024,69)... om het kapitaal te brengen van vijfentwintigduizend euro (\u20AC 25.000,00) op twee\u00EBntachtigduizend vierentwintig euro en negenenzestig cent (\u20AC 82.024,69).",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0466.754.496",
"name_full": "JLB ENGINEERING",
"legal_form": "BVBA"
}
}23-12-2005 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": false,
"object_change": true,
"effective_date": "2005-12-01",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0466.754.496",
"name_full": "JLB ENGINEERING",
"legal_form": "BVBA"
},
"signature_regime": null,
"special_mandates": [
{
"quote": "De vergadering besluit aan ondergetekende notaris volmacht te verlenen teneinde te zorgen voor de co\u00F6rdinatie van de statuten.",
"holder_kbo": null,
"holder_name": "Wim Vanberghen",
"scope_categories": [
"publication",
"filing"
],
"with_substitution": false
}
],
"governance_change": {
"admin_delegated_added": []
}
}| Legal nameNL | JLB ENGINEERING |