Equity
€131,430 ▼ 0.5%
JNF construct paid out €146,749 in dividends. That is 100% of the 2025 profit.
JNF construct
Overview
Lifetime
6 annual accounts with figures on one time axispeak €215,176 (2025)
€215,176▲ 217%
peak €146,749 (2025)
€146,749▲ 317%
peak €219,568 (2022)
€131,430▼ 0.5%
€182,591▲ 114%
Board4 names since 2020
2 directors and 1 other
Documentsfilings and deeds
27-06-202634 days before the deadline
2025micro format
Gross margin from €67,779 to €215,176Result from €35,207 to €146,749Dividend €146,749Debts from €85,419 to €182,591Cash from €119,009 to €180,717
Key points
from the 2025 annual accountsResult
€146,749 ▲ 317%
The result rose in 2025 from €35,207 to €146,749.
Turnover
≈ €710,000 estimated
The micro format states no turnover.
Debts
€182,591 ▲ 114%
Debts rose by €97,172 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Filings
6 annual accounts 3 late
The 2023 accounts came latest: 29 days after the end of the period.
Position in the sector
€146,749
Higher net result than 95% of companies in construction of buildings. Sector median €8,514 · 10,144 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as JNF construct has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,973 companies, not a prediction for JNF 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.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 11-02-2020
Director, since 11-02-2020
- 30 sharesdeed of 13-02-2020
- 30 sharesdeed of 13-02-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743546768
First establishment
Hoof 47, Welkenraedt
Incorporation
Founding capital of €6,000, 60 shares · Founders: and · Appointments: (director) and (director) · published on 13-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JNF construct Welkenraedt | €314,021 | €215,176 | 41.9% | - |
| Blaise DOR Burdinne | €316,920 | €252,751 | 40.2% | 4.6 |
| VANDERHEYDEN B. CONSTRUCTION Plombières | €262,897 | €188,888 | 35.2% | - |
| Constructions de Lexhy Grâce-Hollogne | €379,924 | €239,550 | 44.9% | 3 |
| BOUWWERKEN JAME Maaseik | €323,220 | €213,135 | 77.5% | - |
| DELTABUILD Hemiksem | €306,779 | €220,476 | 46.4% | - |
| CREATUS CONSTRUCT Wemmel | €323,700 | €219,813 | 35.2% | - |
These companies have the same main activity as JNF construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €263,000 and €380,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 11-02-2020Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.299.101.7204840 Welkenraedt, since 14-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €215,176▲ 217%
- €146,749▲ 317%
- €131,430▼ 0.5%
- €314,021▲ 44.4%
- Filing
- Filed on 27-06-2026, 34 days before the end of the filing period
Insights on JNF construct
JNF construct files the micro format. That format states no turnover. The gross margin rose from €53,607 in 2020 to €215,176 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-06-2026, 34 days before the deadline€215,176
▲ 217%
€195,776
▲ 323%
€146,749
▲ 317%
€75,413
▼ 3.1%
41.9%
▼ 18.9 percentage points
1.41
▼ 0.70
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €710,000. Estimated: probably between €490,000 and €1.1m.
Balance sheet
balance sheet total €314,021 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
41.9%
Higher than 49% of 10,159 companies in 2025.
1.41
Higher than 41% of 9,870 companies in 2025.
46.7%
Higher than 93% of 9,958 companies in 2025.
JNF construct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
314,021 | 217,488 | 240,286 | 360,581 | 398,816 | 97,320 | |
20 |
- | - | - | - | 0 | 190 | |
21/28 |
56,017 | 69,405 | 86,668 | 100,130 | 124,252 | 42,178 | |
22/27 |
56,017 | 69,405 | 86,668 | 100,130 | 124,252 | 42,178 | |
23 |
50,956 | 61,696 | 72,208 | 86,633 | 105,476 | 18,124 | |
24 |
1,860 | 5,073 | 11,502 | 13,497 | 18,776 | 24,054 | |
26 |
3,202 | 2,635 | 2,958 | - | - | - | |
29/58 |
258,004 | 148,083 | 153,617 | 260,451 | 274,564 | 54,952 | |
3 |
16,572 | - | - | - | - | - | |
30/36 |
16,572 | - | - | - | - | - | |
40/41 |
60,617 | 28,955 | 41,644 | 37,261 | 49,224 | 11,295 | |
40 |
60,617 | 24,256 | 32,615 | 37,261 | 38,737 | 6,183 | |
41 |
0 | 4,699 | 9,029 | 0 | 10,487 | 5,112 | |
54/58 |
180,717 | 119,009 | 110,349 | 220,863 | 223,420 | 42,386 | |
490/1 |
98 | 119 | 1,625 | 2,327 | 1,920 | 1,271 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
314,021 | 217,488 | 240,286 | 360,581 | 398,816 | 97,320 | |
10/15 |
131,430 | 132,069 | 132,737 | 219,568 | 128,614 | 38,629 | |
10/11 |
6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | |
13 |
122,614 | 122,614 | 122,614 | 213,568 | 122,614 | 32,629 | |
133 |
122,614 | 122,614 | 122,614 | 213,568 | 122,614 | 32,629 | |
14 |
0 | 0 | 0 | - | 0 | - | |
15 |
2,817 | 3,455 | 4,123 | - | - | - | |
17/49 |
182,591 | 85,419 | 107,549 | 141,013 | 270,202 | 58,691 | |
17 |
0 | 14,944 | 35,812 | 59,964 | 83,854 | 22,674 | |
170/4 |
0 | 14,944 | 35,812 | 59,964 | 83,854 | 22,674 | |
42/48 |
182,591 | 70,242 | 71,537 | 80,849 | 186,148 | 36,017 | |
42 |
14,944 | 20,867 | 24,152 | 23,890 | 23,631 | 6,381 | |
44 |
4,989 | 7,311 | 6,452 | 12,111 | 113,151 | 478 | |
440/4 |
4,989 | 7,311 | 6,452 | 12,111 | 113,151 | 478 | |
45 |
11,255 | 5,890 | 5,940 | 42,951 | 34,440 | 13,814 | |
450/3 |
8,255 | 2,890 | 2,940 | 39,951 | 31,440 | 13,814 | |
454/9 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | - | |
47/48 |
151,403 | 36,173 | 34,993 | 1,897 | 14,926 | 15,344 | |
492/3 |
0 | 233 | 200 | 200 | 200 | - | |
| Income statement | |||||||
76A |
- | 0 | 730 | - | - | - | |
9900 |
215,176 | 67,779 | 65,188 | 141,526 | 133,079 | 53,607 | |
630 |
17,562 | 20,738 | 21,928 | 24,122 | 13,670 | 7,908 | |
640/8 |
1,838 | 763 | 675 | 310 | 314 | 102 | |
9901 |
195,776 | 46,277 | 42,585 | 117,095 | 119,095 | 45,597 | |
75/76B |
3,665 | 1,901 | 678 | 19 | 0 | 1 | |
75 |
3,665 | 1,901 | 678 | 19 | 0 | 1 | |
65/66B |
2,453 | 645 | 854 | 1,483 | 590 | 445 | |
65 |
2,453 | 645 | 854 | 1,483 | 590 | 445 | |
9903 |
196,989 | 47,533 | 42,410 | 115,631 | 118,506 | 45,153 | |
67/77 |
50,240 | 12,326 | 8,747 | 24,676 | 28,521 | 10,924 | |
9904 |
146,749 | 35,207 | 33,663 | 90,954 | 89,984 | 34,229 | |
9905 |
146,749 | 35,207 | 33,663 | 90,954 | 89,984 | 34,229 | |
| Appropriation of the result | |||||||
9906 |
146,749 | 35,207 | 33,663 | 90,954 | 89,984 | 34,229 | |
791/2 |
- | 0 | 90,954 | - | - | - | |
691/2 |
- | - | 0 | 90,954 | 89,984 | 32,629 | |
6921 |
- | - | 0 | 90,954 | 89,984 | 32,629 | |
694/7 |
146,749 | 35,207 | 124,617 | - | 0 | 1,600 | |
694 |
146,749 | 35,207 | 124,617 | - | 0 | 1,600 | |
| Document | |||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-06-2026 | 2026-00207548 | |
| 31-12-2024 | micro format | 14-07-2025 | 2025-00263764 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00389037 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00353415 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20197668 | |
| 31-12-2020 | micro format | 13-08-2021 | 2021-48700550 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 213,338 | 67,016 | 64,513 | 141,216 | 132,765 | 53,505 | ||
| 164,311 | 55,946 | 55,591 | 115,076 | 103,654 | 42,137 | ||
| 4,174 | 3,475 | 8,466 | 0 | 95,554 | 49,424 | ||
| 61,708 | 8,660 | -110,514 | -2,558 | 181,034 | - | ||
| 75,413 | 77,841 | 82,080 | 179,601 | 88,416 | 18,935 | ||
| 41.9% | 60.7% | 55.2% | 60.9% | 32.2% | 39.7% | ||
| 1.41 | 2.11 | 2.15 | 3.22 | 1.47 | 1.53 | ||
| 1.32 | 2.11 | 2.15 | 3.22 | 1.47 | 1.53 | ||
| 1.39 | 0.65 | 0.81 | 0.64 | 2.10 | 1.52 | ||
| 111.7% | 26.7% | 25.4% | 41.4% | 70.0% | 88.6% | ||
| 46.7% | 16.2% | 14.0% | 25.2% | 22.6% | 35.2% | ||
| 86.99 | over 100 | 75.53 | 95.23 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,174 | €3,475 | €8,466 | - | €95,554 |
| €17,562 | €20,738 | €21,928 | €24,122 | €13,670 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on JNF construct
The operating result for 2025 is over 4.2 times that of 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 39.3% to 58.1%. Equity is lower and debt is higher.
Board & ownership
Board
2 directors, since incorporationMandates through the years
4 names, the dashed line is todayDirector
Director
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
-
- Director, from 11-02-2020 to date
-
- Director, from 11-02-2020 to date
-
- Director (not named in the articles), appointed by deed of 13-02-2020, no longer listed in the 2025 annual accounts
-
- Director (not named in the articles), appointed by deed of 13-02-2020, no longer listed in the 2025 annual accounts
Control
Founders
,
This company
JNF construct
Equity €131,430
Profit €146,749 in 2025
Capital
- Contribution
- €6,000
- Shares
- 60
- Contribution per share
- €100
- Equity per share
- €2,191 in 2025
- Source
- deed of 13-02-2020
Articles of association
deed of 13-02-2020 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement, actions dont la cession est proposée”
Shareholders
At incorporation
deed of 13-02-2020 ↗
- 30 shares (50%) · €3,000
- 30 shares (50%) · €3,000
Network & group
No group
JNF construct has no parent and no holdings in its annual accounts. JNF construct shares no director with another company.
Timeline
Timeline
14 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 34 days before the deadline
2025
Highest result from 2020 to 2025 net €146,749 ▲317% The operating result of €195,776 and the net result of €146,749 are both a record.
Annual accounts 2024 filed PDFmicro format · 17 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0743546768
2024
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
Weakest financial year net €33,663 ▼63% The net result drops to €33,663, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 25 days late
2022
Liquidity more than doubled current ratio 3.22 The current ratio rises from 1.47 to 3.22. Short-term debt falls from €186,148 to €80,849.
Equity above €200,000 equity €219,568 ▲70.7% With a profit in every financial year since 2020, equity grows to €219,568.
Annual accounts 2021 filed PDFmicro format · 12 days before the deadline
2021
Equity above €100,000 equity €128,614 ▲233% With a profit in every financial year since 2020, equity grows to €128,614.
Annual accounts 2020 filed PDFmicro format · 13 days late
2020
First establishment Hoof 47, Welkenraedt
IncorporationFounding capital of €6,000, 60 shares · Founders: and · Appointments: (director) and (director) · published on 13-02-20206 points ▸
- Founder,
- Founder,
- Founding capital, €6,000, 60 shares
- Registered office clause, Hoof, numéro 47, 4840 Welkenraedt
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- The deed holds 6 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0743.546.768
- VAT number
- BE 0743.546.768
- Peppol ID
- 0208:0743546768
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-02-2020
- Financial year
- ends on 31 December
- Peppol
- Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- JNF construct in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 13-02-2020 (in French)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43120
Site preparation
Codes under NACEBEL 2008
41201
General construction of buildings main activity
41202
Construction of residential and non-residential buildings
41203
Construction of residential and non-residential buildings
43120
Site preparation
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Aménagements extérieurs; Transformation et rénovation; 41.201 (202 et 203) Construction générale; 43.994 Travaux de maçonnerie et…”deed of 13-02-2020 (in French)
7 activities
- Aménagements extérieurs
- Transformation et rénovation
- 41.201 (202 et 203) Construction générale
- 43.994 Travaux de maçonnerie et rejointoiement
- 43.120 Travaux de préparation des sites
- 43.331 Poses de carrelages de sols et murs
- 43.999 Autres activités de construction spécialisées
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hoof 47 registered office 4840 Welkenraedt 4100101 General construction of residential buildings | 14-02-2020 | 2.299.101.720 |
Buildings and parcels at the address
- Ground area
- 781 m²
- Buildings
- 196 m²
- Volume, LiDAR
- 1,125 m³
- Tallest building
- 7.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63032F0101/00D000 | 781 m² | 1 · 196 m² | 7.4 m · 2 |
Invoicing and payment
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. Use the enterprise number 0743.546.768