JLP CONSTRUCT
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543699.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 49 filings
Turnover
≈ €1.4m
Estimated: probably between €990,000 and €2.1m
EBIT margin
Not included in this filing
Net result
€75,972▲ 172%
2024 · €27,953
Working capital
€43,546
2024 · -€102,007
In the rankings
#1 oldest company in Hainaut, Employment activities sector#3 company by total assets in Beloeil, Administrative and support services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€110,062
▲ 147%
2025
20182025
Net result
€75,972
▲ 172%
2025
highest quarter of the sector
20182025
Equity
€98,426
▲ 338%
2025
middle half of the sector
20182025
Total assets
€800,001
▲ 3.4%
2025
highest quarter of the sector
20182025
Debt
€701,575
▼ 6.6%
2025
20182025
Working capital
€43,546
2025
middle half of the sector
20182025
Solvency
12.3%
▲ 9.4pp
2025
lowest quarter of the sector
20182025
Current ratio
1.07
▲ 0.22
2025
middle half of the sector
20182025
Return on assets (ROA)
9.5%
▲ 5.9pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€36,573-€25,621▼ 29.9%-€771-€1,461▼ 89.5%€10,568€17,835▲ 68.8%€44,620▲ 150%€110,062▲ 147%
Net result€18,669-€16,190▼ 13.3%-€893within the sector's middle half-€4,793below the sector's middle half▼ 437%€7,350within the sector's middle half€6,765within the sector's middle half▼ 8.0%€27,953within the sector's middle half▲ 313%€75,972above the sector's middle half▲ 172%
Equity-€30,118--€13,928▲ 53.8%-€14,821below the sector's middle half▼ 6.4%-€19,614below the sector's middle half▼ 32.3%-€12,264below the sector's middle half▲ 37.5%-€5,499below the sector's middle half▲ 55.2%€22,455within the sector's middle half€98,426within the sector's middle half▲ 338%
Total assets€66,939-€71,820▲ 7.3%€59,084below the sector's middle half▼ 17.7%€41,759below the sector's middle half▼ 29.3%€56,945below the sector's middle half▲ 36.4%€294,314above the sector's middle half▲ 417%€773,790above the sector's middle half▲ 163%€800,001above the sector's middle half▲ 3.4%
Debt€97,057-€85,748▼ 11.7%€73,905▼ 13.8%€61,373▼ 17.0%€69,209▲ 12.8%€299,812▲ 333%€751,336▲ 151%€701,575▼ 6.6%
Working capital-€32,101--€13,928▲ 56.6%-€14,821below the sector's middle half▼ 6.4%-€19,614below the sector's middle half▼ 32.3%-€12,264below the sector's middle half▲ 37.5%€13,137within the sector's middle half-€102,007below the sector's middle half€43,546within the sector's middle half
Solvency-45.0%--19.4%▲ 25.6pp-25.1%below the sector's middle half▼ 5.7pp-47.0%below the sector's middle half▼ 21.9pp-21.5%below the sector's middle half▲ 25.4pp-1.9%below the sector's middle half▲ 19.7pp2.9%below the sector's middle half▲ 4.8pp12.3%below the sector's middle half▲ 9.4pp
Current ratio0.67-0.84▲ 0.170.80below the sector's middle half▼ 0.040.68below the sector's middle half▼ 0.120.82below the sector's middle half▲ 0.141.05below the sector's middle half▲ 0.220.86below the sector's middle half▼ 0.191.07within the sector's middle half▲ 0.22
Return on assets (ROA)27.9%-22.5%▼ 5.3pp-1.5%below the sector's middle half▼ 24.1pp-11.5%below the sector's middle half▼ 10.0pp12.9%above the sector's middle half▲ 24.4pp2.3%within the sector's middle half▼ 10.6pp3.6%within the sector's middle half▲ 1.3pp9.5%within the sector's middle half▲ 5.9pp
Staff (FTE)6below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Employment activities (NACE 78). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 147% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €800,001
Fixed assets
€167,222 ▲ 4.1%
Current assets
€632,779 ▲ 3.2%
Equity and liabilities €800,001
Equity
€98,426 ▲ 338%
Debt
€701,575 ▼ 6.6%
Debt's share of the balance-sheet total falls from 97.1% to 87.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171,202▲
2024 · €61,405
Cash flow
€137,112▲
2024 · €44,739
Debt to equity
7.13▼
2024 · 33.46
ROE
77.2%▼
2024 · 124.5%
Interest coverage
40.40▲
2024 · 11.59
Debt ≤ 1 year
€589,233▼
2024 · €715,236
Debt > 1 year
€112,343▲
2024 · €36,099
Income taxes
€29,874▲
2024 · €11,464
Staff costs
€525,514▲
2024 · €437,720
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €5,250 | €172,101 | €69,692 |
| Depreciation and write-downs of the year | - | - | €5 | €16,785 | €61,140 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €162,119 | €236,358 | €305,789 | €437,720 | €525,514 | ▲ 20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,983 | €1,983 | - | - | - | €5 | €16,785 | €61,140 | ▲ 264% |
| Other operating charges640/8 | - | - | - | €1,495 | €347 | €16,594 | €2,957 | €13,134 | ▲ 344% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €7,210 | - | - |
| Gross operating margin9900 | €116,716 | €136,533 | €90,219 | €162,153 | €247,273 | €340,222 | €509,292 | €709,850 | ▲ 39.4% |
| Operating profit (loss)9901 | €36,573 | €25,621 | -€771 | -€1,461 | €10,568 | €17,835 | €44,620 | €110,062 | ▲ 147% |
| Financial income75/76B | - | - | - | - | - | - | €95 | €21 | ▼ 77.4% |
| Recurring financial income75 | - | - | - | - | - | - | €95 | €21 | ▼ 77.4% |
| Financial charges65/66B | - | - | - | €162 | €152 | €78 | €5,297 | €4,237 | ▼ 20.0% |
| Recurring financial charges65 | €99 | €224 | €122 | €162 | €152 | €78 | €5,297 | €4,237 | ▼ 20.0% |
| Profit (loss) for the period before taxes9903 | €36,474 | €25,397 | -€893 | -€1,623 | €10,416 | €17,756 | €39,417 | €105,846 | ▲ 169% |
| Income taxes67/77 | €17,805 | €9,207 | - | €3,170 | €3,066 | €10,991 | €11,464 | €29,874 | ▲ 161% |
| Profit (loss) for the period9904 | €18,669 | €16,190 | -€893 | -€4,793 | €7,350 | €6,765 | €27,953 | €75,972 | ▲ 172% |
| Profit (loss) for the period to be appropriated9905 | €18,669 | €16,190 | -€893 | -€4,793 | €7,350 | €6,765 | €27,953 | €75,972 | ▲ 172% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €66,939 | €71,820 | €59,084 | €41,759 | €56,945 | €294,314 | €773,790 | €800,001 | ▲ 3.4% |
| Fixed assets21/28 | €1,983 | - | - | - | - | €5,245 | €160,561 | €167,222 | ▲ 4.1% |
| Tangible fixed assets22/27 | €1,983 | - | - | - | - | €5,245 | €160,561 | €167,222 | ▲ 4.1% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €38,777 | €89,874 | ▲ 132% |
| Furniture and vehicles24 | - | - | - | - | - | €5,245 | €121,784 | €77,348 | ▼ 36.5% |
| Current assets29/58 | €64,956 | €71,820 | €59,084 | €41,759 | €56,945 | €289,068 | €613,230 | €632,779 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €54,290 | €65,821 | €58,823 | €41,587 | €55,618 | €198,966 | €580,894 | €573,254 | ▼ 1.3% |
| Trade receivables40 | - | - | - | €39,821 | €50,461 | €182,594 | €494,858 | €482,213 | ▼ 2.6% |
| Other amounts receivable41 | - | - | - | €1,766 | €5,157 | €16,372 | €86,036 | €91,041 | ▲ 5.8% |
| Cash at bank and in hand54/58 | €10,666 | €5,999 | €261 | €172 | €1,327 | €90,103 | €32,336 | €59,110 | ▲ 82.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €415 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €66,939 | €71,820 | €59,084 | €41,759 | €56,945 | €294,314 | €773,790 | €800,001 | ▲ 3.4% |
| Equity10/15 | -€30,118 | -€13,928 | -€14,821 | -€19,614 | -€12,264 | -€5,499 | €22,455 | €98,426 | ▲ 338% |
| Contributions10/11 | €28,508 | €28,508 | €28,508 | €28,508 | €28,508 | €28,508 | €28,508 | €28,508 | = |
| Reserves13 | €2,851 | €2,851 | €2,851 | €2,851 | €2,851 | €2,851 | €2,851 | €2,851 | = |
| Distributable reserves133 | - | - | - | €2,851 | €2,851 | €2,851 | €2,851 | €2,851 | = |
| Profit (loss) carried forward14 | -€61,477 | -€45,287 | -€46,180 | -€50,973 | -€43,623 | -€36,857 | -€8,904 | €67,068 | - |
| Amounts payable17/49 | €97,057 | €85,748 | €73,905 | €61,373 | €69,209 | €299,812 | €751,336 | €701,575 | ▼ 6.6% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €36,099 | €112,343 | ▲ 211% |
| Financial debts170/4 | - | - | - | - | - | - | €36,099 | €112,343 | ▲ 211% |
| Amounts payable within one year42/48 | €97,057 | €85,748 | €73,905 | €61,373 | €69,209 | €275,931 | €715,236 | €589,233 | ▼ 17.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €9,365 | €49,768 | ▲ 431% |
| Trade debts44 | €9,423 | €27,824 | €20,065 | €26,975 | €10,393 | €173,636 | €309,573 | €274,716 | ▼ 11.3% |
| Suppliers440/4 | - | - | - | €26,975 | €10,393 | €173,636 | €309,573 | €274,716 | ▼ 11.3% |
| Taxes, remuneration and social security45 | - | - | - | €9,546 | €36,346 | €61,378 | €63,933 | €64,428 | ▲ 0.8% |
| Taxes450/3 | - | - | - | - | €22,852 | €43,930 | €42,537 | €34,586 | ▼ 18.7% |
| Remuneration and social security454/9 | - | - | - | €9,546 | €13,494 | €17,449 | €21,397 | €29,842 | ▲ 39.5% |
| Other amounts payable47/48 | - | - | - | €24,852 | €22,470 | €40,917 | €332,365 | €200,320 | ▼ 39.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €23,881 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,669 | €16,190 | -€893 | -€4,793 | €7,350 | €6,765 | €27,953 | €75,972 | ▲ 172% |
| + Depreciation and write-downs630 | €1,983 | €1,983 | - | - | - | €5 | €16,785 | €61,140 | ▲ 264% |
| Operating cash flow (approximation) | €20,652 | €18,173 | -€893 | -€4,793 | €7,350 | €6,770 | €44,739 | €137,112 | ▲ 206% |
| Investment in fixed assets (approximation) | - | - | - | - | - | - | -€172,101 | -€67,802 | ▲ 60.6% |
| Change in cash | - | -€4,667 | -€5,738 | -€89 | €1,155 | €88,776 | -€57,767 | €26,774 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,613 companies had the same profile as JLP CONSTRUCT has now. Two years later, 97.3% were still going and 0.7% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
97.3%
was still going
2.0%
stopped otherwise
0.7%
went bankrupt
The bankruptcy probability of JLP CONSTRUCT itself is higher: 0.9% within 12 months. It rests on far more data about JLP CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,613 companies, not a prediction for JLP CONSTRUCT. 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.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00543699 | |
| 31-12-2024 | micro format | 09-10-2025 | 2025-00541076 | |
| 31-12-2023 | micro format | 28-10-2024 | 2024-00517139 | |
| 31-12-2022 | full format | 26-08-2023 | 2023-00357562 | |
| 31-12-2021 | micro format | 09-12-2022 | 2022-20535559 | |
| 31-12-2020 | full format | 27-11-2021 | 2021-78500531 | |
| 31-12-2019 | full format | 17-03-2021 | 2021-07800090 | |
| 31-12-2018 | full format | 22-01-2020 | 2020-02000368 | |
| 31-12-2017 | full format | 21-02-2019 | 2019-05500574 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-55800248 |