Jouay Construct
ActiveSummary
The computed 12-month bankruptcy probability of Jouay Construct is 3.1% (moderate). The 2025 annual accounts show equity of €74,535 and a net result of €48,068. Equity has been growing by about 114% per year since 2023. Its solvency ranks better than 76% of 9,396 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-01-2023 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 3 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2023
- Establishment unit
- 2.341.857.835 5650 Walcourt, since 10-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-09-2025
Board and ownership
- JOUAY LionelDirector · since 10-01-2023
- Jouay LoïcDirector · since 10-01-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.1%
- Gross margin
- €75,324
- ▲ 105%
- Turnover
- ≈ €390,000
- estimated
- Profit
- €48,068
- ▲ 287%
- Equity
- €74,535
- ▲ 182%
- Total assets
- €110,452
- ▲ 88.5%
- Employees on 31-12-2025
- 1
- =
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSize: total assets €110,452Founded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 31 days late; 2 of the last 3 accounts lateShow the evidence
Checked score
About 3 in 100 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 41, micro). It does better than 77% of them on solvency, 47% on liquidity, 91% on profitability and 94% on growth.
The bankruptcy probability was computed on 03-11-2026 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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Signals
The company filed its last 3 accounts on average 19 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00457250.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is nearly 3.1 times that of 2024 and the highest since 2023. It is the second rise in a row.
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 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| part-time | 0 | 0 | 0 |
| in full-time equivalents | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1.6 | 1 | 0.3 |
| Joined | 2 | - | 1 |
| Left | 1 | - | 1 |
| Training hours | 800 | 1,032 | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €32,864 | €3,538 | €5,431 |
| Financial fixed assets | €282 | - | €210 |
| Depreciation and write-downs of the year | €13,144 | €7,270 | €8,177 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €31,883 | €8,952 | €5,659 | ▼ 36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,144 | €7,270 | €8,177 | ▲ 12.5% |
| Other operating charges640/8 | €1,428 | €491 | €398 | ▼ 19.0% |
| Gross operating margin9900 | €60,665 | €36,741 | €75,324 | ▲ 105% |
| Operating profit (loss)9901 | €14,210 | €20,028 | €61,090 | ▲ 205% |
| Financial income75/76B | €12 | €672 | €1,251 | ▲ 86.2% |
| Recurring financial income75 | €12 | €672 | €1,251 | ▲ 86.2% |
| Financial charges65/66B | €2,563 | €4,326 | €1,630 | ▼ 62.3% |
| Recurring financial charges65 | €2,563 | €4,326 | €1,630 | ▼ 62.3% |
| Profit (loss) for the period before taxes9903 | €11,658 | €16,373 | €60,711 | ▲ 271% |
| Income taxes67/77 | €2,622 | €3,942 | €12,643 | ▲ 221% |
| Profit (loss) for the period9904 | €9,037 | €12,431 | €48,068 | ▲ 287% |
| Profit (loss) for the period to be appropriated9905 | €9,037 | €12,431 | €48,068 | ▲ 287% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €109,766 | €58,604 | €110,452 | ▲ 88.5% |
| Formation expenses20 | €150 | €0 | - | - |
| Fixed assets21/28 | €22,430 | €10,405 | €7,870 | ▼ 24.4% |
| Tangible fixed assets22/27 | €22,148 | €10,123 | €7,378 | ▼ 27.1% |
| Plant, machinery and equipment23 | €10,874 | €8,707 | €4,050 | ▼ 53.5% |
| Furniture and vehicles24 | €2,831 | €1,416 | €3,327 | ▲ 135% |
| Leasing and similar rights25 | €8,443 | €0 | - | - |
| Financial fixed assets28 | €282 | €282 | €492 | ▲ 74.5% |
| Current assets29/58 | €87,186 | €48,199 | €102,583 | ▲ 113% |
| Amounts receivable after more than one year29 | - | €27,168 | €27,168 | = |
| Other amounts receivable291 | - | €27,168 | €27,168 | = |
| Stocks and contracts in progress3 | €5,585 | €0 | - | - |
| Stocks30/36 | €5,585 | €0 | - | - |
| Amounts receivable within one year40/41 | €78,124 | €19,921 | €62,109 | ▲ 212% |
| Trade receivables40 | €45,380 | €8,385 | €54,360 | ▲ 548% |
| Other amounts receivable41 | €32,744 | €11,536 | €7,749 | ▼ 32.8% |
| Cash at bank and in hand54/58 | - | - | €10,394 | - |
| Deferred charges and accrued income490/1 | €3,477 | €1,110 | €2,911 | ▲ 162% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €109,766 | €58,604 | €110,452 | ▲ 88.5% |
| Equity10/15 | €14,037 | €26,467 | €74,535 | ▲ 182% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €9,037 | €21,467 | €69,535 | ▲ 224% |
| Amounts payable17/49 | €95,729 | €32,136 | €35,917 | ▲ 11.8% |
| Amounts payable after more than one year17 | €13,253 | €2,508 | €0 | ▼ 100% |
| Financial debts170/4 | €13,253 | €2,508 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €82,477 | €29,629 | €35,917 | ▲ 21.2% |
| Current portion of amounts payable after more than one year42 | €11,478 | €8,993 | €4,218 | ▼ 53.1% |
| Financial debts43 | €5,744 | €3,077 | €0 | ▼ 100% |
| Credit institutions430/8 | €5,744 | €3,077 | €0 | ▼ 100% |
| Trade debts44 | €59,037 | €10,781 | €20,212 | ▲ 87.5% |
| Suppliers440/4 | €59,037 | €10,781 | €20,212 | ▲ 87.5% |
| Taxes, remuneration and social security45 | €6,218 | €5,258 | €11,487 | ▲ 118% |
| Taxes450/3 | €4,330 | €4,758 | €9,346 | ▲ 96.4% |
| Remuneration and social security454/9 | €1,889 | €500 | €2,141 | ▲ 328% |
| Other amounts payable47/48 | - | €1,520 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,037 | €12,431 | €48,068 | ▲ 287% |
| + Depreciation and write-downs630 | €13,144 | €7,270 | €8,177 | ▲ 12.5% |
| Operating cash flow (approximation) | €22,181 | €19,701 | €56,244 | ▲ 185% |
| Investment in fixed assets (approximation) | - | €4,755 | -€5,641 | - |
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, 39,278 companies had the same profile as Jouay Construct has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Jouay Construct itself is higher: 3.1% within 12 months. It rests on far more data about Jouay Construct than the profile alone.
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 39,278 companies, not a prediction for Jouay 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.
Board & ownership
Directors
Full text
C/ Représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit en défendant. Si la société est administrée par au moins trois administrateurs, ils agiront en collège et les règles suivantes seront d’application : A/ Composition de l’organe d’administration collégial La société est administrée par un organe d’administration collégial composé de trois membres au moins, actionnaires ou non, désignés par l'assemblée générale statuant à la majorité simple.
Owners and capital
Shareholders
- JOUAY Lionel 1,000 shares (100%)
Capital transactions
- 12-01-2023 Incorporation · €5,000 · 1,000 shares
- 12-01-2023 Converted to unavailable equity
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Jouay Loïc |
|
| JOUAY Lionel |
|
Network & group
Jouay Construct shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Jouay Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-02
Gazette deed
Appointment: Jouay Loïc (director)3 points ▸
- General meeting, 10-01-2023
- Director appointment, Jouay Loïc (director)
- Director in office, Jouay Lionel (director)
12-01
Gazette deed
IncorporationStarting capital €5,000 · Appointment: JOUAY Lionel (director) · Founder10 points ▸
- Incorporation, 10-01-2023
- Founder, JOUAY Lionel
- Founding capital, €5,000
- Bank account, “BanqueFintro, sociétéenformation” (deed in French)
- Other provision, “attestationbancairededépôt, remiseaunotaire” (deed in French)
- Capital
- Capital conversion, “comptedecapitauxpropresindisponible” (deed in French)
- Registered office clause, “Walcourt (5650 – Chastrès),rue Vieille Ferme,9” (deed in French)
- Director appointment, JOUAY Lionel (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements et obligations et toutes activités entreprises au nom et pour compte de société en formation” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 10 January 2023, Jouay Construct was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 Of the 2 current board members, 2 have served since 2023.3 Total assets went from €109,766 in 2023 to €110,452 in 2025 and headcount from 1.6 to 0.3 full-time equivalents.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
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 0795.973.387
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
Rue Vieille Ferme(Cha) 95650 Walcourt