Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €98,403 falls due within a year.
In 2025, 2 people joined and 1 left.
The 2023 accounts came 2 days late. The other two were filed on time.
Lower solvency than 86% of companies in construction of buildings. Sector median 42.9% · 9,435 companies.
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 13% of them on solvency, 13% on liquidity, 24% on profitability and 7% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
In July 2024, 1,301 companies had the same profile as JPK Construct has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JPK Construct itself: 5.7% within 12 months.
The method was tested on the 497,447 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 1,301 companies, not a prediction for JPK 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.
Liquidity is insufficient, with a current ratio of 0.91 (1.12 in 2024), below 1. Short-term debt is 77.5% of total assets. 97.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 3 days before 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.
| Company | ||||
|---|---|---|---|---|
| JPK Construct Saint-Hubert | €127,019 | €78,514 | 2.6% | - |
| CDV Construction Arlon | €121,275 | €97,168 | 56.6% | - |
| ELIAS CONCEPT Blankenberge | €128,302 | €79,110 | 56.4% | - |
| ZAKY CONSTRUCT Charleroi | €133,173 | €75,406 | 26.5% | - |
| Nils Synhaeve Waregem | €128,387 | €78,705 | 88.7% | - |
| AND-RENOV Brussels | €136,995 | €77,571 | 47.5% | - |
| CARLOS AAK Willebroek | €127,286 | €84,196 | 40.0% | - |
These companies have the same main activity as JPK Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €121,000 and €137,000, founded between 2022 and 2023.
JPK Construct files the micro format. That format states no turnover. The gross margin rose from €32,493 in 2023 to €78,514 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €290,000 and €670,000.
Higher than 14% of 9,435 companies in 2025.
Higher than 18% of 9,183 companies in 2025.
Higher than 21% of 9,255 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 1 left.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
127,019 | 91,233 | 91,096 | |
21/28 |
37,353 | 31,831 | 40,041 | |
22/27 |
37,048 | 31,526 | 39,836 | |
23 |
2,933 | 3,246 | 4,499 | |
24 |
18,657 | 28,281 | 35,338 | |
25 |
15,458 | - | - | |
28 |
305 | 305 | 205 | |
29/58 |
89,666 | 59,402 | 51,055 | |
3 |
16,247 | - | - | |
37 |
16,247 | - | - | |
40/41 |
73,419 | 54,023 | 43,615 | |
40 |
62,239 | 47,696 | 31,000 | |
41 |
11,180 | 6,327 | 12,615 | |
54/58 |
- | 5,171 | 7,283 | |
490/1 |
- | 207 | 157 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
127,019 | 91,233 | 91,096 | |
10/15 |
3,331 | 15,975 | -7,305 | |
10/11 |
2,000 | 2,000 | 2,000 | |
14 |
1,331 | 13,975 | -9,305 | |
17/49 |
123,688 | 75,258 | 98,401 | |
17 |
25,285 | 22,156 | 28,851 | |
170/4 |
25,285 | 22,156 | 28,851 | |
42/48 |
98,403 | 53,102 | 69,550 | |
42 |
9,255 | 6,695 | 6,377 | |
43 |
6,163 | - | - | |
430/8 |
6,163 | - | - | |
44 |
60,540 | 32,748 | 52,239 | |
440/4 |
60,540 | 32,748 | 52,239 | |
45 |
16,436 | 12,127 | 10,934 | |
450/3 |
7,499 | 9,183 | 2,368 | |
454/9 |
8,937 | 2,944 | 8,567 | |
47/48 |
6,009 | 1,532 | - | |
| Income statement | ||||
9900 |
78,514 | 89,464 | 32,493 | |
62 |
65,877 | 43,323 | 31,488 | |
630 |
13,034 | 11,085 | 2,017 | |
640/8 |
1,199 | 727 | 5,967 | |
9901 |
-1,596 | 34,329 | -6,979 | |
75/76B |
1,049 | 414 | 27 | |
75 |
1,049 | 414 | 27 | |
65/66B |
3,972 | 3,874 | 2,353 | |
65 |
3,972 | 3,874 | 2,353 | |
9903 |
-4,520 | 30,868 | -9,305 | |
67/77 |
-1,875 | 7,588 | - | |
9904 |
-2,644 | 23,280 | -9,305 | |
9905 |
-2,644 | 23,280 | -9,305 | |
| Appropriation of the result | ||||
9906 |
11,331 | 13,975 | -9,305 | |
14P |
13,975 | -9,305 | - | |
694/7 |
10,000 | - | - | |
695 |
10,000 | - | - | |
| Social balance sheet | ||||
9087 |
1.3 | 1 | 1 | |
Hours worked1013 |
1,720 | 1,256 | 952 | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 11,438 | 45,413 | -4,962 | ||
| 10,390 | 34,365 | -7,288 | ||
| 18,556 | 2,875 | 53,159 | ||
| - | -2,112 | - | ||
| -8,738 | 6,300 | -18,495 | ||
| 2.6% | 17.5% | -8.0% | ||
| 0.91 | 1.12 | 0.73 | ||
| 0.75 | 1.12 | 0.73 | ||
| 37.14 | 4.71 | - | ||
| -79.4% | 145.7% | - | ||
| -2.1% | 25.5% | -10.2% | ||
| 2.88 | 11.72 | -2.11 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | 1 |
| full-time | 1 | 1 | 1 |
| part-time | 1 | - | - |
| in full-time equivalents | 1.5 | 1 | 1 |
| 1.3 | 1 | 1 | |
| On a permanent contract | 2 | 1 | 1 |
| Joined | 2 | - | 1 |
| Left | 1 | - | 0 |
Source: social balance sheet in the 2023 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €18,556 | €2,775 | €52,954 |
| Financial fixed assets | - | €100 | €205 |
| €13,034 | €11,085 | €2,017 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,596, after a profit of €34,329 in 2024.
Debt's share of the balance-sheet total rises from 82.5% to 97.4%. Equity is lower and debt is higher.
JPK Construct has no parent and no holdings in its annual accounts. KOENIG Jean-Philippe is the only director. JPK Construct shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 21 March 2023, JPK Construct was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 KOENIG Jean-Philippe is director of the company, appointed by deed of 23-03-2023.2 Total assets went from €91,096 in 2023 to €127,019 in 2025 and headcount from 1 to 1.3 full-time equivalents.3
| Establishment | Since | Unit number |
|---|---|---|
| Pré des Béguines, Vesqueville 37 registered office 6870 Saint-Hubert | 21-03-2023 | 2.343.024.211 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 84072A0611/00B002 | 829 m² | - | - |
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 0799.775.589
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