JO MECHANICS
ActiveThe computed 12-month bankruptcy probability of JO MECHANICS is 1.9% (moderate). The 2025 annual accounts show equity of €70k and a net result of €28k. Equity is growing by ~57.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 1902 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+4
Solvency46▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.92 in 2024; short-term debt: 75.9% and cash: 14.1% of total assets), and 79.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 2025Solvency, return and age of the figures
Solvency
20.8%
Return on assets
8.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1902 sector peers (2025).
NBB · sector comparisonPosition among 1902 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 66.1%
2024 · €42k
2023: €22k
2024: €42k
2023 → 2025
Total assets
€338k▼ 16.9%
2024 · €406k
2023: €258k
2024: €406k
2023 → 2025
Net result
€28k▲ 35.3%
2024 · €21k
2023: €19k
2024: €21k
2023 → 2025
Working capital
€4k
2024 · €-26k
2023: €-40k
2024: €-26k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€22k-€42k▲ 95.5%€70k▲ 66.1%
Operating result€26k-€30k▲ 17.0%€43k▲ 43.9%
Net result€19k-€21k▲ 8.0%€28k▲ 35.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €338k
Fixed assets
€77k▼ 9.6%
Current assets
€260k▼ 18.8%
Equity and liabilities €338k
Equity
€70k▲ 66.1%
Debt
€267k▼ 26.5%
The debt ratio falls from 89.6% to 79.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67k▲
2024 · €47k
Cash flow
€52k▲
2024 · €38k
Solvency
20.8%▲
2024 · 10.4%
Current ratio
1.02▲
2024 · 0.92
Quick ratio
0.97▲
2024 · 0.91
Debt / equity
3.80▼
2024 · 8.59
ROE
39.8%▼
2024 · 48.9%
ROA
8.3%▲
2024 · 5.1%
Interest coverage
16.49▼
2024 · 22.09
Debt
€267k▼
2024 · €364k
Debt ≤ 1 year
€256k▼
2024 · €347k
Debt > 1 year
€11k▼
2024 · €17k
Income taxes
€11k▲
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€406k€338k▼
Fixed assets21/28€85k€77k▼
Tangible fixed assets22/27€85k€77k▼
Plant, machinery and equipment23€67k€63k▼
Furniture and vehicles24€19k€14k▼
Current assets29/58€321k€260k▼
Stocks and contracts in progress3€5k€11k▲
Stocks30/36€5k€11k▲
Amounts receivable within one year40/41€276k€202k▼
Trade receivables40€276k€197k▼
Other amounts receivable41-€4k
Cash at bank and in hand54/58€40k€48k▲
Equity and liabilities
Total equity and liabilities10/49€406k€338k▼
Equity10/15€42k€70k▲
Contributions10/11€3k€3k=
Reserves13€40k€68k▲
Distributable reserves133€40k€68k▲
Amounts payable17/49€364k€267k▼
Amounts payable after more than one year17€17k€11k▼
Financial debts170/4€17k€11k▼
Amounts payable within one year42/48€347k€256k▼
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€150k€82k▼
Suppliers440/4€150k€82k▼
Taxes, remuneration and social security45€68k€47k▼
Taxes450/3€42k€20k▼
Remuneration and social security454/9€26k€26k=
Other amounts payable47/48€124k€121k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€24k▲
Other operating charges640/8€4k€10k▲
Gross operating margin9900€51k€77k▲
Operating profit (loss)9901€30k€43k▲
Financial income75/76B€0€120▲
Recurring financial income75€0€120▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€28k€39k▲
Income taxes67/77€7k€11k▲
Profit (loss) for the period9904€21k€28k▲
Profit (loss) for the period to be appropriated9905€21k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€28k▲
Transfer to equity691/2€21k€28k▲
To the legal reserve6920-€28k
To other reserves6921€21k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €28k ▲35.3%
Operating result €43k, net result €28k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Denderleeuw · 1 establishment unit since 2023
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.
Broekstraat 1119473 DenderleeuwGround area
2,458 m²
Building footprint
123 m²
Volume, LiDAR
934 m³
Parcel 41076B0727/00F000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JO MECHANICS
since 20232.341.986.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41076B0727/00F000 | Flanders | 2,457 m² | 1 · 123 m² | 11.1 m · 3 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.
Similar companies · same sector, comparable size
PRINSIE ENGINEERING
BE 0597.896.320
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JOERI NAUDTS INOX- EN METAALCONSTRUCTIES
BE 0694.557.612
Lokeren · Eq €71k
RM RÉNOVATION & ÉLECTROTEC
BE 0548.896.670
Braine-l'Alleud · Eq €71k
LASWERKEN HERNO
BE 0704.681.739
Lommel · Eq €70k
JVS Consult
BE 0886.734.408
Oostende · Eq €70k
Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2023
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
33120Repair and maintenance of machinery
28250Manufacture of machinery and equipment not elsewhere classified
28299Manufacture of machinery and equipment not elsewhere classified
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.