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JONGENELEN ENGINEERING AND PROGRAMMING SERVICES

Active
Private limited companyfounded 2011active for 14 yearsGrote Molenweg 19B3, 2940 Stabroek, BelgiumKBO/BCE: BE 0841.678.403
Summary

JONGENELEN ENGINEERING AND PROGRAMMING SERVICES has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€9,384) and a net result of €3,889. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 45 sector peers (NACE 33, financial year 2026). The computed 12-month bankruptcy probability is 1.0% (low).

JONGENELEN ENGINEERING AND PROGRAMMING SERVICESActiveChecked score 54/100

Financials · financial year 2026, micro format

Turnover
≈ €280,000
Estimated: probably between €190,000 and €430,000
Total assets
€87,224▼ 4.6%
2025 · €91,422
Net result
€3,889▼ 75.6%
2025 · €15,952
Working capital
-€31,789▲ 14.1%
2025 · -€37,016
Trend over the years

2023 to 2026, 4 financial years

The operating result falls in 2026; 2026 is 68% below 2025.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,626 2026 Net result€3,889 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2023202420252026
Operating result€20,395--€11,672€20,526€6,626▼ 67.7%
Net result-€29,388below the sector's middle half--€73,017below the sector's middle half▼ 148%€15,952within the sector's middle half€3,889▼ 75.6%
Equity€43,792within the sector's middle half--€29,225below the sector's middle half-€13,273below the sector's middle half▲ 54.6%-€9,384▲ 29.3%
Total assets€127,161within the sector's middle half-€119,106within the sector's middle half▼ 6.3%€91,422within the sector's middle half▼ 23.2%€87,224▼ 4.6%
Debt€83,369-€148,331▲ 77.9%€104,695▼ 29.4%€96,609▼ 7.7%
Working capital€3,669within the sector's middle half--€59,994below the sector's middle half-€37,016below the sector's middle half▲ 38.3%-€31,789▲ 14.1%
Solvency34.4%within the sector's middle half--24.5%below the sector's middle half▼ 59.0pp-14.5%below the sector's middle half▲ 10.0pp-10.8%▲ 3.8pp
Current ratio1.05below the sector's middle half-0.60below the sector's middle half▼ 0.450.65below the sector's middle half▲ 0.050.67▲ 0.02
Return on assets (ROA)-23.1%below the sector's middle half--61.3%below the sector's middle half▼ 38.2pp17.4%within the sector's middle half▲ 78.8pp4.5%▼ 13.0pp
Staff (FTE)1-1=1=1=
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €87,224
Fixed assets €22,404 ▼ 5.6%
Current assets €64,820 ▼ 4.2%
Equity and liabilities
Equity-€9,384
Debt€96,609
Equity is negative: debt (€96,609) exceeds the balance-sheet total (€87,224).
Key figures and ratios
2026 value · change against 2025
EBITDA
€12,383▼
2025 · €28,710
Cash flow
€9,646▼
2025 · €24,137
Interest coverage
5.81▼
2025 · 7.29
Debt ≤ 1 year
€96,609▼
2025 · €104,695
Income taxes
€612▼
2025 · €636
Staff costs
€97,552▲
2025 · €97,388
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 observation

Of the 1,379 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94.2% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet
2.4% went bankrupt
3.2% stopped otherwise
94.2% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,379 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 47 lines
Balance sheet Code20252026
Assets
Total assets20/58€91,422€87,224▼
Fixed assets21/28€23,743€22,404▼
Tangible fixed assets22/27€21,753€20,414▼
Plant, machinery and equipment23€1,707€1,683▼
Furniture and vehicles24€5,566€5,715▲
Other tangible fixed assets26€14,480€13,016▼
Financial fixed assets28€1,990€1,990=
Current assets29/58€67,679€64,820▼
Amounts receivable within one year40/41€41,888€43,169▲
Trade receivables40€41,584€43,164▲
Other amounts receivable41€304€5▼
Cash at bank and in hand54/58-€989
Deferred charges and accrued income490/1€25,792€20,663▼
Equity and liabilities
Total equity and liabilities10/49€91,422€87,224▼
Equity10/15-€13,273-€9,384▲
Contributions10/11€500€500=
Reserves13€30,017€30,017=
Distributable reserves133€30,017€30,017=
Profit (loss) carried forward14-€43,790-€39,902▲
Amounts payable17/49€104,695€96,609▼
Amounts payable within one year42/48€104,695€96,609▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€6,635€0▼
Credit institutions430/8€6,635€0▼
Trade debts44€10,360€11,577▲
Suppliers440/4€10,360€11,577▲
Taxes, remuneration and social security45€25,179€25,171=
Taxes450/3€12,356€12,343▼
Remuneration and social security454/9€12,823€12,828=
Other amounts payable47/48€62,520€59,861▼
Income statement Code20252026
Remuneration, social security and pensions62€97,388€97,552▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,184€5,758▼
Other operating charges640/8€1,920€1,690▼
Non-recurring operating charges66A-€591
Gross operating margin9900€128,019€112,216▼
Operating profit (loss)9901€20,526€6,626▼
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€3,938€2,130▼
Recurring financial charges65€3,938€2,130▼
Profit (loss) for the period before taxes9903€16,588€4,500▼
Income taxes67/77€636€612▼
Profit (loss) for the period9904€15,952€3,889▼
Profit (loss) for the period to be appropriated9905€15,952€3,889▼
Appropriation of the result
Profit (loss) to be appropriated9906-€43,790-€39,902▲
Profit (loss) brought forward from the previous period14P-€59,742-€43,790▲
Transfer from equity791/2€0-

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023202420252026Change
Remuneration, social security and pensions62€83,722€90,985€97,388€97,552▲ 0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,460€17,904€8,184€5,758▼ 29.7%
Other operating charges640/8€1,624€5,035€1,920€1,690▼ 12.0%
Non-recurring operating charges66A---€591-
Gross operating margin9900€123,202€102,253€128,019€112,216▼ 12.3%
Operating profit (loss)9901€20,395-€11,672€20,526€6,626▼ 67.7%
Financial income75/76B€593€45€0€5-
Recurring financial income75€593€45€0€5-
Financial charges65/66B€49,853€60,742€3,938€2,130▼ 45.9%
Recurring financial charges65€49,853€60,742€3,938€2,130▼ 45.9%
Profit (loss) for the period before taxes9903-€28,865-€72,369€16,588€4,500▼ 72.9%
Income taxes67/77€523€648€636€612▼ 3.8%
Profit (loss) for the period9904-€29,388-€73,017€15,952€3,889▼ 75.6%
Profit (loss) for the period to be appropriated9905-€29,388-€73,017€15,952€3,889▼ 75.6%
Line2023202420252026Change
Assets
Total assets20/58€127,161€119,106€91,422€87,224▼ 4.6%
Fixed assets21/28€46,036€30,769€23,743€22,404▼ 5.6%
Tangible fixed assets22/27€44,046€28,779€21,753€20,414▼ 6.2%
Plant, machinery and equipment23€1,969€1,336€1,707€1,683▼ 1.4%
Furniture and vehicles24€22,881€10,605€5,566€5,715▲ 2.7%
Other tangible fixed assets26€19,197€16,839€14,480€13,016▼ 10.1%
Financial fixed assets28€1,990€1,990€1,990€1,990=
Current assets29/58€81,124€88,337€67,679€64,820▼ 4.2%
Amounts receivable within one year40/41€44,846€57,097€41,888€43,169▲ 3.1%
Trade receivables40€44,458€57,097€41,584€43,164▲ 3.8%
Other amounts receivable41€388€0€304€5▼ 98.5%
Cash at bank and in hand54/58€0--€989-
Deferred charges and accrued income490/1€36,279€31,240€25,792€20,663▼ 19.9%
Equity and liabilities
Total equity and liabilities10/49€127,161€119,106€91,422€87,224▼ 4.6%
Equity10/15€43,792-€29,225-€13,273-€9,384▲ 29.3%
Contributions10/11€500€500€500€500=
Reserves13€43,292€30,017€30,017€30,017=
Distributable reserves133€43,292€30,017€30,017€30,017=
Profit (loss) carried forward14--€59,742-€43,790-€39,902▲ 8.9%
Amounts payable17/49€83,369€148,331€104,695€96,609▼ 7.7%
Amounts payable after more than one year17€5,913€0---
Financial debts170/4€5,913€0---
Amounts payable within one year42/48€77,456€148,331€104,695€96,609▼ 7.7%
Current portion of amounts payable after more than one year42€14,014€5,941€0--
Financial debts43€5,181€3,653€6,635€0▼ 100%
Credit institutions430/8€5,181€3,653€6,635€0▼ 100%
Trade debts44€15,782€15,923€10,360€11,577▲ 11.7%
Suppliers440/4€15,782€15,923€10,360€11,577▲ 11.7%
Taxes, remuneration and social security45€17,663€52,659€25,179€25,171=
Taxes450/3€6,159€34,429€12,356€12,343▼ 0.1%
Remuneration and social security454/9€11,504€18,230€12,823€12,828=
Other amounts payable47/48€24,816€70,156€62,520€59,861▼ 4.3%
Line2023202420252026Change
Profit (loss) for the period9904-€29,388-€73,017€15,952€3,889▼ 75.6%
+ Depreciation and write-downs630€17,460€17,904€8,184€5,758▼ 29.7%
Operating cash flow (approximation)-€11,928-€55,112€24,137€9,646▼ 60.0%
Investment in fixed assets (approximation)--€2,637-€1,158-€4,419▼ 282%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-03-2026 micro format 05-10-2026 2026-00546481
31-03-2025 micro format 27-10-2025 2025-00549716
31-03-2024 micro format 28-10-2024 2024-00515692
31-03-2023 micro format 19-10-2023 2023-00491375

Similar companies · same sector and region

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 the 1,203 active companies whose main activity is installation of industrial machinery and equipment (NACE 33200), figures are known for 693. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.