Jonas Van Lierde Projects
ActiveSummary
The computed 12-month bankruptcy probability of Jonas Van Lierde Projects is 4.4% (elevated). The 2025 annual accounts show negative equity (-€40,884) and a net result of -€57,813. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 28806 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Joinery installation
NACE 43320
1 site
How big
€39,007total assets 2025
- Equity
- -€40,884
- Loss
- -€57,813
Turnover not published (abridged schema)
Who decides
Accounts filed 60 d late0 of 2 deeds read
Why 14- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equityFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-44
Solvency0▼-41
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 1.68 in 2024; short-term debt: 110% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-104.8%
Return on assets
-148.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€40,884
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
60 d late
2024
23 d late
2023
14 d early
2022
30 d late
2021
28 d late
2020
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€57,813
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €39,007Loss -€57,813Solvency -104.8%Liquidity 0.37
Total assets
€39,007▼ 63.1%
2020 - 2025
Net result
-€57,813
2020 - 2025
Equity
-€40,884
2020 - 2025
Solvency
-104.8%▼ 120.8pp
2020 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,093€10,105▲ 11.1%€7,720▼ 23.6%€9,003▲ 16.6%-€44,243
Net result€5,648within the sector's middle half€6,364within the sector's middle half▲ 12.7%€1,075within the sector's middle half▼ 83.1%€2,021within the sector's middle half▲ 88.0%-€57,813below the sector's middle half
Equity€7,468below the sector's middle half▲ 310%€13,832below the sector's middle half▲ 85.2%€14,907below the sector's middle half▲ 7.8%€16,929below the sector's middle half▲ 13.6%-€40,884below the sector's middle half
Total assets€232,076within the sector's middle half▲ 7,177%€226,956within the sector's middle half▼ 2.2%€141,519within the sector's middle half▼ 37.6%€105,630within the sector's middle half▼ 25.4%€39,007below the sector's middle half▼ 63.1%
Debt€224,607▲ 16,306%€213,124▼ 5.1%€126,612▼ 40.6%€88,701▼ 29.9%€79,891▼ 9.9%
Working capital-€34,980below the sector's middle half-€19,323below the sector's middle half▲ 44.8%-€23,753below the sector's middle half▼ 22.9%€28,487within the sector's middle half-€27,093below the sector's middle half
Solvency3.2%below the sector's middle half6.1%below the sector's middle half▲ 2.9pp10.5%below the sector's middle half▲ 4.4pp16.0%below the sector's middle half▲ 5.5pp-104.8%below the sector's middle half▼ 120.8pp
Current ratio0.69below the sector's middle half0.87below the sector's middle half▲ 0.190.72below the sector's middle half▼ 0.161.68within the sector's middle half▲ 0.960.37below the sector's middle half▼ 1.31
Return on assets (ROA)2.4%within the sector's middle half2.8%within the sector's middle half▲ 0.4pp0.8%within the sector's middle half▼ 2.0pp1.9%within the sector's middle half▲ 1.2pp-148.2%below the sector's middle half▼ 150.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €44,243 after €9,003 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,007
Fixed assets
€23,210 ▼ 33.7%
Current assets
€15,797 ▼ 77.6%
Equity and liabilities
Equity-€40,884
Debt€79,891
Equity is negative: debt (€79,891) exceeds the balance-sheet total (€39,007).
Key figures and ratios
Key figures and ratios
EBITDA
-€32,462▼
2024 · €18,581
Cash flow
-€46,031▼
2024 · €11,599
Interest coverage
-2.39▼
2024 · 2.71
Debt ≤ 1 year
€42,889▲
2024 · €42,151
Debt > 1 year
€35,182▼
2024 · €46,550
Income taxes
€0▼
2024 · €137
Staff costs
€0▼
2024 · €198
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.0% |
| 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% 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 6,010 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €14,636 | €3,216 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €30,718 | €9,897 | €198 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,274 | €40,629 | €27,784 | €9,578 | €11,781 | ▲ 23.0% |
| Other operating charges640/8 | €869 | €1,541 | €1,685 | €253 | €11,527 | ▲ 4,458% |
| Non-recurring operating charges66A | €2,819 | - | - | €7,895 | €0 | ▼ 100% |
| Gross operating margin9900 | €49,055 | €82,992 | €47,086 | €26,926 | -€20,935 | ▼ 178% |
| Operating profit (loss)9901 | €9,093 | €10,105 | €7,720 | €9,003 | -€44,243 | ▼ 591% |
| Financial income75/76B | €74 | €18 | - | €13 | €1 | ▼ 95.3% |
| Recurring financial income75 | €74 | €18 | - | €13 | €1 | ▼ 95.3% |
| Financial charges65/66B | €3,409 | €3,646 | €6,513 | €6,858 | €13,570 | ▲ 97.9% |
| Recurring financial charges65 | €3,409 | €3,646 | €6,513 | €6,858 | €13,570 | ▲ 97.9% |
| Profit (loss) for the period before taxes9903 | €5,758 | €6,476 | €1,207 | €2,158 | -€57,813 | ▼ 2,779% |
| Income taxes67/77 | €110 | €112 | €132 | €137 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €5,648 | €6,364 | €1,075 | €2,021 | -€57,813 | ▼ 2,960% |
| Profit (loss) for the period to be appropriated9905 | €5,648 | €6,364 | €1,075 | €2,021 | -€57,813 | ▼ 2,960% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €232,076 | €226,956 | €141,519 | €105,630 | €39,007 | ▼ 63.1% |
| Fixed assets21/28 | €155,141 | €94,602 | €81,454 | €34,991 | €23,210 | ▼ 33.7% |
| Tangible fixed assets22/27 | €151,241 | €90,702 | €77,554 | €31,091 | €19,310 | ▼ 37.9% |
| Plant, machinery and equipment23 | €51,375 | €33,408 | €22,942 | €6,079 | €0 | ▼ 100% |
| Furniture and vehicles24 | €99,866 | €57,293 | €54,612 | €25,013 | €19,310 | ▼ 22.8% |
| Financial fixed assets28 | €3,900 | €3,900 | €3,900 | €3,900 | €3,900 | = |
| Current assets29/58 | €76,934 | €132,355 | €60,066 | €70,638 | €15,797 | ▼ 77.6% |
| Stocks and contracts in progress3 | €2,500 | €20,000 | €20,500 | - | - | - |
| Stocks30/36 | €2,500 | €4,000 | €4,500 | - | - | - |
| Contracts in progress37 | - | €16,000 | €16,000 | - | - | - |
| Amounts receivable within one year40/41 | €41,714 | €79,120 | €38,413 | €45,647 | €15,797 | ▼ 65.4% |
| Trade receivables40 | €32,836 | €58,560 | €31,506 | €45,647 | €10,456 | ▼ 77.1% |
| Other amounts receivable41 | €8,878 | €20,559 | €6,907 | - | €5,341 | - |
| Cash at bank and in hand54/58 | €8,720 | €9,985 | €1,152 | €24,991 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €24,000 | €23,250 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €232,076 | €226,956 | €141,519 | €105,630 | €39,007 | ▼ 63.1% |
| Equity10/15 | €7,468 | €13,832 | €14,907 | €16,929 | -€40,884 | ▼ 342% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €4,468 | €10,832 | €11,907 | €13,929 | €0 | ▼ 100% |
| Distributable reserves133 | €4,468 | €10,832 | €11,907 | €13,929 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | - | -€43,884 | - |
| Amounts payable17/49 | €224,607 | €213,124 | €126,612 | €88,701 | €79,891 | ▼ 9.9% |
| Amounts payable after more than one year17 | €112,693 | €61,447 | €42,794 | €46,550 | €35,182 | ▼ 24.4% |
| Financial debts170/4 | €110,743 | €61,447 | €42,794 | €46,550 | €33,232 | ▼ 28.6% |
| Other amounts payable178/9 | €1,950 | - | - | - | €1,950 | - |
| Amounts payable within one year42/48 | €111,914 | €151,677 | €83,818 | €42,151 | €42,889 | ▲ 1.8% |
| Current portion of amounts payable after more than one year42 | €25,709 | €19,271 | €18,653 | €11,012 | €11,368 | ▲ 3.2% |
| Financial debts43 | - | - | - | - | €10,489 | - |
| Credit institutions430/8 | - | - | - | - | €10,489 | - |
| Trade debts44 | €30,861 | €97,774 | €54,107 | €16,332 | €17,961 | ▲ 10.0% |
| Suppliers440/4 | €30,861 | €97,774 | €54,107 | €16,332 | €17,961 | ▲ 10.0% |
| Advances received on contracts in progress46 | €27,377 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €110 | €5,897 | €244 | €1,486 | €268 | ▼ 82.0% |
| Taxes450/3 | €110 | €222 | €244 | €1,486 | €268 | ▼ 82.0% |
| Remuneration and social security454/9 | - | €5,676 | - | - | - | - |
| Other amounts payable47/48 | €27,857 | €28,735 | €10,815 | €13,321 | €2,804 | ▼ 79.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,819 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,648 | €6,364 | €1,075 | €2,021 | -€57,813 | ▼ 2,960% |
| + Depreciation and write-downs630 | €36,274 | €40,629 | €27,784 | €9,578 | €11,781 | ▲ 23.0% |
| Operating cash flow (approximation) | €41,922 | €46,993 | €28,859 | €11,599 | -€46,031 | ▼ 497% |
| Investment in fixed assets (approximation) | - | €19,911 | -€14,636 | €36,884 | €0 | ▼ 100% |
| Change in cash | - | €1,264 | -€8,832 | €23,839 | -€24,991 | ▼ 205% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector and region
Afsluitingen Philips BV
BE 1014.925.252
Aalst
Anné Interieur
BE 1036.670.969
Aalst
AR-Concept
BE 0746.534.170
Aalst
Belma Schrijnwerken
BE 0799.548.630
Aalst
CHRIVAFF
BE 1027.091.329
Aalst
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,017 companies in this sector we hold annual accounts for 9,142. See the whole sector
Timeline
10 eventsLatest 29-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 60 days late
2025
31-12
Financial
Weakest financial yearnet -€57,813
Net result drops to -€57,813, the lowest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 1.68
Current ratio from 0.72 to 1.68; short-term debt falls from €83,818 to €42,151.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2020net €6,364 ▲12.7%
Operating result €10,105, net result €6,364, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
31-12
Financial
Back to profitnet €5,648
Net result €5,648 after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Company details
Private limited company · founded 17-12-2020Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded17-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759901265
Also
9925:BE0759901265
Registered
06-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2020
Ground area
1,111 m²
Building footprint
131 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
Jonas Van Lierde Projects
since 2020unit no. 2.311.195.739
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41026A0311/00T006 | Flanders | 614 m² | 1 · 61 m² | - |
| 41026B1042/00M000 | Flanders | 497 m² | 1 · 69 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.