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JPB BUILDING

Active
Private limited companyfounded 2006active for 20 yearsHoogveldstraat 7, 8020 Oostkamp, BelgiumKBO/BCE: BE 0880.457.320
Summary

The computed 12-month bankruptcy probability of JPB BUILDING is 2.2% (moderate). The 2024 annual accounts show equity of €1.7m and a net result of -€438,470. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 55% of 1,282 sector peers (NACE 41, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001Development of residential building projects NACE 68121
6th largest company by total assets in Oostkamp, Construction sector1 site
Size
€11.0mturnover 2024
Staff
3.3 FTE
Equity
€1.7m
Loss
-€438,470
Financial health
51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Holdings
1
Accounts 81 days overdue2 of 11 deeds read
Why 51raises riskFigures for financial year 2024 (filed 02-07-2025)Liquidity: current ratio 1.56, cash €280,850Loss of €438,470, the second in a row (financial year 2024)lowers riskSize: turnover €11.0m, 3.3 FTE, total assets €4.9mShow the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency 60+5
equity 35.3% of total assets
Liquidity 25+7
short-term debt 60.9% · cash 5.8%
Profitability 9+5
return on assets -9.0%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,424 companies, NACE 41, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.3 percentage points vs 06-2025 08-2025: 0.7%▼ -0.9 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026lowest value 03-2026: 0.7%● unchanged vs 02-2026lowest value 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.2 percentage points vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.1 percentage points vs 08-2026 10-2026: 2.2%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €85,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.56, compared with 1.4 in 2023, above the usual 1.5; short-term debt: 60.9% and cash: 5.8% of total assets), but 64.7% of the assets are financed with debt and provisions.
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 41, micro): better than 43% on solvency, 21% on liquidity, 13% on profitability and 18% on growth.

The bankruptcy probability was computed on 19-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 02-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.56, cash €280,850
NBB · annual accounts
raises risk · Loss of €438,470, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Size: turnover €11.0m, 3.3 FTE, total assets €4.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€438,470
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 81 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
31 days early
2023
27 days early
2022
28 days early
2021
30 days early
2020
3 days early
2019
44 days early
← 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 27 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Algemene Vergadering - BoekjaarPower of attorney
  2. Annual accounts filedfinancial year 2024 · full…
  3. Reappointment: BV MOORE AUDIT (statutory auditor)Gazette deed

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2024 -€438,470 View
  • Caution: Among the weakest 5% on net resultsector median €24,584 · 1,284 companies -€438,470 View
  • Caution: Accounts not fileddeadline was 31-07-2026 81 days late View
  • Caution: Turnover fell in 2024from €17.6m to €11.0m ▼ 37.6% View

By topic

Financials

Financial year
2024
Turnover
€11.0m
Loss
-€438,470
Solvency
35.3%
Turnover▼ 37.6%
Net result
20192024
Go to Financials

Timeline

Events
21
Since
2007
  1. 04-07-2024Annual accounts filed
  2. 03-07-2023Annual accounts filed
  3. 01-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
04-04-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Financial year
From 1 October to 30 September
Annual meeting
Second Saturday of February at 10:00
Go to Articles of association

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