JORJ CONSTRUCT
ActiveSummary
JORJ CONSTRUCT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,925 and a net result of €58,823. Equity has been growing by about 9.5% per year since 2019. Its solvency ranks better than 48% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-10-2015 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 1 other
- Establishment unit
- 2.247.006.384 1081 Koekelberg, since 15-10-2015
- Financial year end
- 30 September
- Peppol
- Reachable since 12-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €171,005
- ▲ 33.9%
- Turnover
- ≈ €710,000
- estimated
- Profit
- €58,823
- ▲ 198%
- Equity
- €218,925
- ▲ 36.7%
- Total assets
- €487,365
- ▲ 36.9%
- Employees on 30-09-2025
- 2
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.94, cash €70,588Size: total assets €487,365Founded in 2015Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 48% of them on solvency, 35% on liquidity, 67% on profitability and 78% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-04-2026 PDF all 10 filings
Every figure per financial year
The operating result for 2025 is 155% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 2 | 2 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| part-time | - | - | - | 1 | 1 |
| in full-time equivalents | 1 | 1 | 1 | 1.4 | 1.8 |
| Average over the year, in full-time equivalents | 0.1 | 1 | 1 | 1.2 | 1.5 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | 1 | - | - | 2 | 2 |
| Left | 0 | - | - | 1 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €16,281 | €1,829 | €73,765 | €14,019 | €5,740 |
| Financial fixed assets | - | - | - | - | €2,020 |
| Depreciation and write-downs of the year | €32,059 | €30,331 | €20,676 | €38,247 | €35,959 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2,147 | €21,517 | €30,444 | €41,355 | €40,099 | ▼ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,700 | €31,408 | €32,059 | €30,331 | €20,676 | €38,247 | €35,959 | ▼ 6.0% |
| Other operating charges640/8 | - | - | €900 | €1,973 | €3,707 | €11,506 | €1,419 | ▼ 87.7% |
| Gross operating margin9900 | €79,247 | €92,481 | €82,430 | €77,645 | €70,631 | €127,732 | €171,005 | ▲ 33.9% |
| Operating profit (loss)9901 | €37,242 | €59,726 | €47,324 | €23,824 | €15,804 | €36,624 | €93,528 | ▲ 155% |
| Financial income75/76B | - | - | €1,090 | €1,179 | €69 | €230 | €1,992 | ▲ 765% |
| Recurring financial income75 | €959 | €971 | €1,090 | €1,179 | €69 | €230 | €1,992 | ▲ 765% |
| Financial charges65/66B | - | - | €1,762 | €1,473 | €2,176 | €7,183 | €8,811 | ▲ 22.7% |
| Recurring financial charges65 | €1,474 | €1,561 | €1,762 | €1,473 | €2,176 | €7,183 | €8,811 | ▲ 22.7% |
| Profit (loss) for the period before taxes9903 | €36,727 | €59,137 | €46,652 | €23,529 | €13,697 | €29,672 | €86,710 | ▲ 192% |
| Income taxes67/77 | €5,506 | €17,341 | €17,014 | €8,246 | €5,788 | €9,921 | €27,887 | ▲ 181% |
| Profit (loss) for the period9904 | €31,220 | €41,796 | €29,639 | €15,283 | €7,909 | €19,750 | €58,823 | ▲ 198% |
| Profit (loss) for the period to be appropriated9905 | €31,220 | €41,796 | €29,639 | €15,283 | €7,909 | €19,750 | €58,823 | ▲ 198% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €196,536 | €249,786 | €279,571 | €257,835 | €290,308 | €355,953 | €487,365 | ▲ 36.9% |
| Fixed assets21/28 | €63,326 | €77,270 | €61,492 | €32,990 | €86,078 | €61,851 | €33,652 | ▼ 45.6% |
| Tangible fixed assets22/27 | €63,326 | €77,270 | €61,492 | €32,990 | €86,078 | €61,851 | €31,632 | ▼ 48.9% |
| Land and buildings22 | - | - | €663 | €442 | €221 | - | - | - |
| Plant, machinery and equipment23 | - | - | €6,583 | €3,449 | €3,090 | €5,253 | €4,894 | ▼ 6.8% |
| Furniture and vehicles24 | - | - | €54,246 | €29,099 | €82,767 | €56,598 | €26,738 | ▼ 52.8% |
| Financial fixed assets28 | - | - | - | - | - | - | €2,020 | - |
| Current assets29/58 | €133,210 | €172,516 | €218,079 | €224,845 | €204,230 | €294,103 | €453,713 | ▲ 54.3% |
| Amounts receivable after more than one year29 | - | - | €51,793 | €52,453 | €5,527 | €98,218 | €100,129 | ▲ 1.9% |
| Other amounts receivable291 | - | - | €51,793 | €52,453 | €5,527 | €98,218 | €100,129 | ▲ 1.9% |
| Stocks and contracts in progress3 | €2,818 | €2,766 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €81,326 | €72,424 | €124,036 | €109,320 | €162,055 | €164,061 | €244,355 | ▲ 48.9% |
| Trade receivables40 | - | - | €102,340 | €85,389 | €125,152 | €154,066 | €229,875 | ▲ 49.2% |
| Other amounts receivable41 | - | - | €21,696 | €23,931 | €36,903 | €9,995 | €14,480 | ▲ 44.9% |
| Cash at bank and in hand54/58 | - | €43,943 | €34,391 | €57,973 | €15,059 | €11,712 | €70,588 | ▲ 503% |
| Deferred charges and accrued income490/1 | - | - | €7,858 | €5,099 | €21,589 | €20,112 | €38,641 | ▲ 92.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €196,536 | €249,786 | €279,571 | €257,835 | €290,308 | €355,953 | €487,365 | ▲ 36.9% |
| Equity10/15 | €95,953 | €137,749 | €167,388 | €182,671 | €141,184 | €160,102 | €218,925 | ▲ 36.7% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €77,256 | €77,256 | €106,756 | €121,756 | €80,160 | €99,910 | €158,733 | ▲ 58.9% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €104,896 | €119,896 | €78,300 | €98,050 | €156,873 | ▲ 60.0% |
| Profit (loss) carried forward14 | €12,497 | €54,293 | €54,432 | €54,715 | €54,824 | €53,992 | €53,992 | = |
| Amounts payable17/49 | €100,583 | €112,037 | €112,183 | €75,164 | €149,124 | €195,852 | €268,441 | ▲ 37.1% |
| Amounts payable after more than one year17 | €46,499 | €52,246 | €33,490 | €14,340 | €31,301 | €11,794 | - | - |
| Financial debts170/4 | - | - | €33,490 | €14,340 | €31,301 | €11,794 | - | - |
| Amounts payable within one year42/48 | €53,484 | €58,791 | €77,193 | €60,825 | €117,823 | €184,058 | €233,494 | ▲ 26.9% |
| Current portion of amounts payable after more than one year42 | - | - | €23,786 | €23,342 | €28,683 | €23,717 | €16,032 | ▼ 32.4% |
| Financial debts43 | - | - | - | - | - | €60 | €1,377 | ▲ 23× |
| Credit institutions430/8 | - | - | - | - | - | €60 | €1,377 | ▲ 23× |
| Trade debts44 | €10,077 | €24,081 | €35,554 | €12,419 | €64,678 | €134,996 | €189,983 | ▲ 40.7% |
| Suppliers440/4 | - | - | €35,554 | €12,419 | €64,678 | €134,996 | €189,983 | ▲ 40.7% |
| Taxes, remuneration and social security45 | - | - | €17,853 | €25,064 | €11,102 | €24,358 | €24,306 | ▼ 0.2% |
| Taxes450/3 | - | - | €2,014 | €12,301 | €6,606 | €7,110 | €19,057 | ▲ 168% |
| Remuneration and social security454/9 | - | - | €15,840 | €12,763 | €4,496 | €17,248 | €5,249 | ▼ 69.6% |
| Other amounts payable47/48 | - | - | - | - | €13,360 | €927 | €1,796 | ▲ 93.7% |
| Accrued charges and deferred income492/3 | - | - | €1,500 | - | - | - | €34,947 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,220 | €41,796 | €29,639 | €15,283 | €7,909 | €19,750 | €58,823 | ▲ 198% |
| + Depreciation and write-downs630 | €40,700 | €31,408 | €32,059 | €30,331 | €20,676 | €38,247 | €35,959 | ▼ 6.0% |
| Operating cash flow (approximation) | €71,920 | €73,204 | €61,697 | €45,614 | €28,586 | €57,997 | €94,782 | ▲ 63.4% |
| Investment in fixed assets (approximation) | - | -€45,352 | -€16,281 | -€1,829 | -€73,765 | -€14,019 | -€7,760 | ▲ 44.6% |
| Change in cash | - | - | -€9,552 | €23,582 | -€42,914 | -€3,348 | €58,877 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as JORJ CONSTRUCT has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of JORJ CONSTRUCT itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for JORJ 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.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00096927 | |
| 30-09-2024 | micro format | 31-03-2025 | 2025-00058046 | |
| 30-09-2023 | micro format | 25-03-2024 | 2024-00048417 | |
| 30-09-2022 | micro format | 14-04-2023 | 2023-00059650 | |
| 30-09-2021 | micro format | 31-05-2022 | 2022-20042859 | |
| 30-09-2020 | micro format | 30-04-2021 | 2021-13400455 | |
| 30-09-2019 | micro format | 29-05-2020 | 2020-13700196 | |
| 30-09-2018 | micro format | 16-04-2019 | 2019-10100105 | |
| 30-09-2017 | micro format | 02-05-2018 | 2018-12100236 | |
| 30-09-2016 | full format | 28-04-2017 | 2017-10700030 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 24-01-2024 Converted to unavailable equity
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| BANCILA Gheorghe |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement, nullité”
Articles of association, deed of 24-01-2024 (in French)
Network & group
JORJ CONSTRUCT shares no director with another company.
Companies at the same address
4 other companies- Sandra, Cristina (sole trader) Establishment · since 2026 1038495559
- Mîndra, Vasile (sole trader) Establishment · since 2016 0647695922
- Werotte, Lee (sole trader) Establishment · since 1993 0564615917
- Association des copropriétaires de la Résidence Comptoir 2 à 1081 Bruxelles, Rue du comptoir, 2 à l'angle de la rue Omer Lepreux Registered office · since 1962 0840626051
Connections & network
1 current directorThe network starts from the directors of JORJ CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-01
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: BANCILA Gheorghe (director) · Reappointment: BANCILA Gheorghe (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company7 points ▸
- General meeting, 22-12-2023
- Incorporation, 12-10-2015
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- Registered office clause, Rue du Comptoir 2 boîte 3, 1081 Koekelberg
- Reserve release, 0
- Director resignation, BANCILA Gheorghe (director)
- Director reappointment, BANCILA Gheorghe (director (not named in the articles))
- The act holds 4 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
66 activities
- L'exploitation de tous hôtels,maisons d'hôte,gîtes,restaurants,tavernes,cafés,snack-bars,bars,bars à vin,discothèques etc.
- Le service traiteur et de plats à emporter
- L'entreprise d'organisation de banquets
- La vente et l'achat,en gros et au détail,l'importation,l'exportation de tous produits alimentaires et de toutes boissons,de tous matériels et ustensiles en relation avec le secteur HORECA
- La conception,l'organisation et la réalisation de réceptions officielles,mondaines et d'événements
- Toute activité HORECA,en ce compris la consultance et la prestation de services dans le secteur
- Toute activité de nettoyage sous toutes ses formes et de désinfection de maisons,locaux commerciaux,industriels,espaces publics,meubles,ameublements et objets divers et plus particulièrement d'équipement de bureaux
- L'achat,la vente,l'importation,l'exportation de tous produits de nettoyage
- Toute activité en rapport avec le transport de personnes et de biens ainsi que le mise à disposition de chauffeurs
- Toutes opérations se rapportant directement ou indirectement à la mécanique et à la carrosserie automobiles dans leur sens le plus large
- La vente et l'achat de tous véhicules neufs ou d'occasion ou leurs dérivés tels que caravanes,remorques,motocyclettes et cetera
- La commercialisation et la fabrication d'accessoires et de pièces détachées pour véhicules
- La vente de carburants et produits généralement quelconques à l’usage des véhicules automobiles et de leurs dérivés
- L'activité d'intermédiaire commercial,de concessionnaire et d'agent
- L'achat,la vente,le lotissement,la mise ou la prise en location,l'exploitation,la construction,la rénovation,l'aménagement,la mise en valeur et la gestion de tous biens immeubles et de tous droits immobiliers et,en général,l'exécution de toutes opérations immobilières pour compte propre exclusivement
- Les éléments du patrimoine de la société pourront notamment être mis à la disposition,à titre gratuit ou à titre onéreux,du gérant,ou d'un ou plusieurs membres du conseil de gérance
- Toute activité en rapport avec l'entreprise générale de construction ainsi que toutes transformations ayant un lien quelconque avec la construction
- Entreprise générale de construction avec coordination des travaux par sous-traitants
- Terrassement
- Maçonnerie et béton
- Démolition
- Pose d'égoûts
- Couverture non métalliques de construction
- Étanchéité de bâtiments
- Installateur
- Électricien
- Menuiserie et charpent
- Pose de parquet
- Menuiserie en PVC
- Placement de serrurerie et de quincaillerie du bâtiment
- Placement de plinthes et portes
- Pose de cloisons et faux plafonds
- Recouvrement de murs et plafonds
- Placement de ferronerie
- Pose de marbrerie et de pierre de taille
- Vitrage
- Sanitaire et plomberie
- Installation d'adoucisseur d'eau
- Installateur en chauffage central
- Chauffage au gaz par appareil individuel
- Le placement,l'entretien et la réparation de tous brûleurs
- Installation de ventilation et d'aération de chauffage à air chaud,de conditionnement d'air et de calorifugeage des tuyauteries et canalisations
- Tubage de cheminées
- Carrelage
- Plafonnage
- Rejointoyage
- Pose de chapes
- Peintures
- Restauration et le nettoyage et le lavage de bâtiments,façades et monuments
- Isolation thermique et acoustique
- Placards et cuisines équipées
- Frigoriste
- Enseignes lumineuses
- Aménagement et entretien de terrain divers
- Placement de clôtures et palissades
- L'étude,l'organisation,le conseil,l'analyse,la réalisation de tous travaux et programmes en matière informatique
- La programmation de base de données en ligne et hors ligne
- La programmation et la production multimédia : CD-ROM,DVDs,sites web,etc.
- L'achat,la vente,la location ou l'usage de tous ordinateurs ou machines traitant les informations et de tous appareils audiovisuels
- La vente ou la mise à disposition de tiers de tous programmes préétablis,ainsi que l'exécution de tous travaux connexes à l'informatique
- L'étude,la conception,l'aménagement,la transformation,l'équipement et le câblage de tous locaux et bureaux afin de rendre ceux-ci accessible à tout usage informatique
- Toutes activités de conseil en matière informatique,juridique,de gestion,de financement,d'investissement,d'exploitation,d'organisation de personnel
- Toutes interventions directes ou indirectes dans l'organisation interne ou dans l'administration d'une entreprise,notamment pour l'organiser,la restructurer,améliorer sa productivité,relancer son activité économique
- La formation,le placement ou la mise à la disposition des tiers,moyennant rémunération,du personnel qui leur est nécessaire
- Toute activité en rapport avec l'activité de commerce Night & Day
- Toute activité en rapport avec tout travail administratif
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 0640.976.394
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Recognised contractor
14 categories- D General building contractsclass 1, up to €162,000
- D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
- D5 General joinery, timber roof trusses and stairsclass 2, up to €330,000
- D8 Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
- D10 Tilingclass 1, up to €162,000
- D11 Plastering and renderingclass 1, up to €162,000
- D14 Glazingclass 1, up to €162,000
- D16 Sanitary installations and gas heating with individual appliancesclass 1, up to €162,000
Show all 14 categories
- D20 Metal joineryclass 1, up to €162,000
- F General steel construction contractsclass 1, up to €162,000
- F1 Assembly and dismantling (without supplies)class 1, up to €162,000
- F2 Steel load-bearing structuresclass 1, up to €162,000
- G3 Plantingclass 1, up to €162,000
- G5 Demolitionclass 1, up to €162,000
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21011A0040/00B014 | Brussels | 146 m² | 1 · 139 m² | 11.7 m · 3 |