JOEL CONSTRUCTIONS
ActiveSummary
JOEL CONSTRUCTIONS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,289 and a net result of €7,229. Its solvency ranks better than 14% of 11,752 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- ≈ 0 FTE, estimated
- Equity
- €3,289
- Profit
- €7,229
Why 91raises riskFounded in 2024Equity €3,289 (8.5% of total assets)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 1.04, cash €20,346Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 15% on solvency, 31% on liquidity, 67% on profitability and 95% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 112 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €7,229
- Liquidity more than triplescurrent ratio 1.04
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €11,212 after a loss of €5,018 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,157 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €143 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €734 | €545 | ▼ 25.8% |
| Other operating charges640/8 | - | €450 | - |
| Gross operating margin9900 | -€4,284 | €12,351 | - |
| Operating profit (loss)9901 | -€5,018 | €11,212 | - |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €172 | €70 | ▼ 59.1% |
| Recurring financial charges65 | €172 | €70 | ▼ 59.1% |
| Profit (loss) for the period before taxes9903 | -€5,190 | €11,142 | - |
| Income taxes67/77 | - | €3,913 | - |
| Profit (loss) for the period9904 | -€5,190 | €7,229 | - |
| Profit (loss) for the period to be appropriated9905 | -€5,190 | €7,229 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,498 | €38,537 | ▲ 15× |
| Formation expenses20 | €525 | - | - |
| Fixed assets21/28 | - | €1,917 | - |
| Tangible fixed assets22/27 | - | €1,757 | - |
| Furniture and vehicles24 | - | €1,757 | - |
| Financial fixed assets28 | - | €160 | - |
| Current assets29/58 | €1,973 | €36,620 | ▲ 19× |
| Stocks and contracts in progress3 | €984 | - | - |
| Contracts in progress37 | €984 | - | - |
| Amounts receivable within one year40/41 | €845 | €15,123 | ▲ 18× |
| Trade receivables40 | - | €15,111 | - |
| Other amounts receivable41 | €845 | €12 | ▼ 98.6% |
| Cash at bank and in hand54/58 | €144 | €20,346 | ▲ 141× |
| Deferred charges and accrued income490/1 | - | €1,151 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,498 | €38,537 | ▲ 15× |
| Equity10/15 | -€3,940 | €3,289 | - |
| Contributions10/11 | €1,250 | €1,250 | = |
| Reserves13 | - | €2,039 | - |
| Distributable reserves133 | - | €2,039 | - |
| Profit (loss) carried forward14 | -€5,190 | - | - |
| Amounts payable17/49 | €6,438 | €35,248 | ▲ 448% |
| Amounts payable within one year42/48 | €6,438 | €35,248 | ▲ 448% |
| Trade debts44 | €3,001 | €169 | ▼ 94.4% |
| Suppliers440/4 | €3,001 | €169 | ▼ 94.4% |
| Taxes, remuneration and social security45 | €40 | €12,055 | ▲ 299× |
| Taxes450/3 | €40 | €12,055 | ▲ 299× |
| Other amounts payable47/48 | €3,397 | €23,024 | ▲ 578% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€5,190 | €7,229 | - |
| + Depreciation and write-downs630 | €734 | €545 | ▼ 25.8% |
| Operating cash flow (approximation) | -€4,456 | €7,774 | - |
| Change in cash | - | €20,202 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-03-2026 | 2026-00064937 |
| 31-12-2024 | micro format | 25-04-2025 | 2025-00076477 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BLEIJENBERG Johannes Augustinus |
|
Owners and capital
Capital and shareholders
- BLEIJENBERG Johannes Augustinus 100 shares (100%) · €1,250
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-06-2024 Incorporation · €1,250 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
JOEL CONSTRUCTIONS was incorporated on 7 June 2024 as a private limited company by one natural person, with a starting capital of €1,250.12 Since 2024, BLEIJENBERG Johannes Augustinus has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
11-06
Gazette deed
IncorporationAppointment: BLEIJENBERG Johannes Augustinus (director) · Founder · Founding capital5 facts ▸
- Incorporation, 07-06-2024
- Founder, BLEIJENBERG Johannes Augustinus
- Founding capital, €1,250
- Director appointment, BLEIJENBERG Johannes Augustinus (director (not named in the articles))
- Power of attorney, Dedecker Accountants
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 38016A0080/00D027 | Flanders | 5,271 m² | 1 · 496 m² | 10.0 m |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- JOEL CONSTRUCTIONS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, aantal,duur van opdracht en,indien meerdere bestuurders,bevoegdheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00