Turnover
≈ €300,000 estimated
The accounts state no turnover.
JPL Construct
Overview
Lifetime
4 annual accounts with figures on one time axispeak €42,668 (2025)
€42,668▲ €43,353
lowest -€8,313 (2022)
€20,234▲ €20,989
peak €11,812 (2025)
€11,812▲ €20,234
€10,434▼ 1.3%
Board4 names since 2022
2 directorsGROUP JPL and 1 other
Owners
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€685 to €42,668Back to profit: €20,234Registered office moved within Genk 10-06Equity from -€8,422 to €11,812
Key points
from the 2025 annual accountsInvestments
€8,181 3.0 × depreciation
Green is investment, beige is depreciation.
Filings
4 annual accounts 3 late
The 2024 accounts came latest: 128 days after the end of the period.
Checked score
55
Fair
Financially stronger than 77% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.9%
01-2025: 4.9%● unchanged vs 12-2024
02-2025: 4.9%● unchanged vs 01-2025
03-2025: 4.8%▼ -0.1 percentage points vs 02-2025
04-2025: 5.4%▲ +0.6 percentage points vs 03-2025
05-2025: 5.8%▲ +0.4 percentage points vs 04-2025
06-2025: 5.7%▼ -0.1 percentage points vs 05-2025
07-2025: 10.3%▲ +4.6 percentage points vs 06-2025
08-2025: 11.6%▲ +1.3 percentage points vs 07-2025
09-2025: 11.6%● unchanged vs 08-2025
10-2025: 14.7%▲ +3.1 percentage points vs 09-2025
11-2025: 14.7%● unchanged vs 10-2025
12-2025: 16.2%▲ +1.5 percentage points vs 11-2025
01-2026: 18.7%▲ +2.5 percentage points vs 12-2025
02-2026: 18.7%● unchanged vs 01-2026
03-2026: 18.1%▼ -0.6 percentage points vs 02-2026
04-2026: 19.3%▲ +1.2 percentage points vs 03-2026
05-2026: 19.3%● unchanged vs 04-2026highest value
06-2026: 19.2%▼ -0.1 percentage points vs 05-2026
07-2026: 18.7%▼ -0.5 percentage points vs 06-2026
08-2026: 18.4%▼ -0.3 percentage points vs 07-2026
09-2026: 6.1%▼ -12.3 percentage points vs 08-2026
10-2026: 6.2%▲ +0.1 percentage points vs 09-2026
11-2026: 2.4%▼ -3.8 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €22,246
lowers risk
Liquidity: current ratio 1.61, cash €5,206
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 61% of them on solvency, 61% on liquidity, 91% on profitability and 95% on growth.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as JPL Construct has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JPL Construct itself is higher: 2.4% within 12 months. It rests on far more data about JPL Construct than the profile alone.
Test of the method
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 39,278 companies, not a prediction for JPL 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.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61, above the usual 1.5. Short-term debt is 46.9% and cash 23.4% of total assets. 46.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
31 days late
2024
128 days late
2023
on the day
2022
38 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 49 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 September (3 of the last 4 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0787941094
Registered office moved within Genk
New registered office: Keinkesstraat 20 bus 13 te 3600 GENK · Previous registered office: Rootenstraat 13 bus 22 3600 GENK · Resignation: BORTOLAZZI Bruno (director) · General meeting of 07-05-2025 · Gazette deed
Registered office moved within Genk
New registered office: Rootenstraat 13 bus 22 in 3600 Genk · Previous registered office: Grotestraat 67 bus 33, 3600 Genk · Resignation: Peter Wils (director) · General meeting of 23-10-2024 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 2 more · Tongeren-Borgloon
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JPL Construct Genk | €22,246 | €42,668 | 53.1% | - |
| OM GROUP Zaventem | €23,323 | €43,346 | 82.5% | - |
| DC HABITAT Kraainem | €20,725 | €39,183 | 41.3% | - |
| C.C. Construction Herstal | €23,034 | €37,444 | 37.9% | - |
| BEST KOOL Beersel | €26,291 | €43,898 | 74.5% | - |
| DE-MIRBAS Maasmechelen | €22,421 | €27,767 | 81.6% | - |
| MANUS CONSTRUCT Beringen | €26,478 | €28,054 | 50.6% | - |
These companies have the same main activity as JPL Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €20,700 and €26,500, founded in 2022.
Official details
Source: KBO- Status
- Active since 01-07-2022Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.337.863.5143600 Genk, since 01-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 06-12-2025
Insights on JPL Construct
JPL Construct files the micro format. That format states no turnover. The gross margin rose from -€7,940 in 2022 to €42,668 in 2025.
GROUP JPL holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€42,668
▲ €43,353
€20,233
▲ €20,918
€20,234
▲ €20,989
€6,358
▲ €14,780
53.1%
1.61
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €160,000 and €540,000.
Balance sheet
balance sheet total €22,246 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
53.1%
Higher than 61% of 9,462 companies in 2025.
1.61
Higher than 47% of 9,210 companies in 2025.
91.0%
Higher than 95% of 9,282 companies in 2025.
JPL Construct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
22,246 | 2,153 | 3,063 | 2,607 | |
21/28 |
5,454 | - | - | - | |
22/27 |
5,454 | - | - | - | |
23 |
699 | - | - | - | |
24 |
4,755 | - | - | - | |
29/58 |
16,792 | 2,153 | 3,063 | 2,607 | |
40/41 |
11,586 | 2,153 | 2,049 | 1,566 | |
40 |
4,846 | - | - | - | |
41 |
6,740 | 2,153 | 2,049 | 1,566 | |
54/58 |
5,206 | - | 1,015 | 1,041 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
22,246 | 2,153 | 3,063 | 2,607 | |
10/15 |
11,812 | -8,422 | -7,668 | -5,313 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
14 |
8,812 | -11,422 | -10,668 | -8,313 | |
17/49 |
10,434 | 10,575 | 10,731 | 7,920 | |
42/48 |
10,434 | 10,575 | 10,731 | 7,920 | |
44 |
- | - | 5,231 | 2,420 | |
440/4 |
- | - | 5,231 | 2,420 | |
47/48 |
10,434 | 10,575 | 5,500 | 5,500 | |
| Income statement | |||||
9900 |
42,668 | -685 | -2,180 | -7,940 | |
62 |
18,300 | - | - | - | |
630 |
2,727 | - | - | - | |
640/8 |
1,408 | - | 75 | 348 | |
9901 |
20,233 | -685 | -2,255 | -8,288 | |
75/76B |
73 | - | - | - | |
75 |
73 | - | - | - | |
65/66B |
72 | 70 | 100 | 25 | |
65 |
72 | 70 | 100 | 25 | |
9903 |
20,234 | -755 | -2,355 | -8,313 | |
9904 |
20,234 | -755 | -2,355 | -8,313 | |
9905 |
20,234 | -755 | -2,355 | -8,313 | |
| Appropriation of the result | |||||
9906 |
8,812 | -11,422 | -10,668 | -8,313 | |
14P |
-11,422 | -10,667 | -8,313 | - | |
| Document | |||||
The notes to these accounts have 5 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 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 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, 2026-00464987.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 22,960 | - | - | - | ||
| 22,961 | - | - | - | ||
| 8,181 | - | - | - | ||
| - | - | -26 | - | ||
| 6,358 | -8,422 | -7,668 | -5,313 | ||
| 53.1% | - | - | - | ||
| 1.61 | - | - | - | ||
| 0.88 | - | - | - | ||
| 171.3% | - | - | - | ||
| 91.0% | - | - | - | ||
| over 100 | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €8,181 | - | - | - |
| €2,727 | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on JPL Construct
The operating result for 2025 is a profit of €20,233, after a loss of €685 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total is 46.9%.
Board & ownership
Board
2 directors, no change since 2025Director (not named in the articles), permanent representative WILS Peter Benny Maria
appointed by deed of 05-07-2022
term without a fixed end
listed in the 2023 annual accounts, filed on 31-07-2024
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 05-07-2022
Permanent representatives 1
Mandates through the years
4 names, the dashed line is todayGROUP JPL
Director (not named in the articles)
Director (not named in the articles)
BIJNENS Bianca
Director
Director
Bruno Terzo Bortolazzi
Director
Director
Peter Wils
Director
Director
BoardEarliermandate already running before its first mention
Mandates as a list
- GROUP JPL
- Director (not named in the articles), appointed by deed of 05-07-2022, still in office
- BIJNENS Bianca
- Director, appointed by deed of 10-06-2025, still in office
- Bruno Terzo Bortolazzi
- Director, appointed by deed of 08-11-2024, until 10-06-2025
- Peter Wils
- Director, until 08-11-2024
Control
100%
This company
JPL Construct
Equity €11,812
Profit €20,234 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €118 in 2025
- Source
- deed of 05-07-2022
Articles of association
deed of 05-07-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 20 June at 18:00
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 05-07-2022 ↗
- GROUP JPL sole founder · 100% at incorporation
Capital over time
- 05-07-2022 Incorporation · €3,000 · 100 shares
Network & group
Group
GROUP JPL has 2 direct subsidiaries (2023 accounts)Belgium 2 Equity Result
- BE JPL Construct €11,812 result €20,234
- BE JPL Invest €12,129 result €18,090
Source: list of holdings in the 2023 accounts of GROUP JPL. Every holding stands with its own latest accounts.
At the same address
Keinkesstraat 20, 3600 Genk · 2 other companies| Weckx, Christel (sole trader)
establishment since 01-09-2018 |
founded in 2018 0701.929.810 |
| Vereniging van mede-eigenaars residentie HET BLOOK te Genk, Keinkesstraat nummer 20
registered office since 06-09-2000 |
founded in 2000 0825.045.277 |
Connections & network
2 current directorsThe network starts from the directors of JPL Construct. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
12 events since 2022Board
Filings
Financial
Permits
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Back to profit net €20,234 The net result is €20,234, after 3 loss-making years.
Liquidity more than 7 times current ratio 1.61 The current ratio rises from 0.20 to 1.61. Short-term debt falls from €10,575 to €10,434.
Annual accounts 2024 filed PDFmicro format · 128 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0787941094
Registered office moved within GenkNew registered office: Keinkesstraat 20 bus 13 te 3600 GENK · Previous registered office: Rootenstraat 13 bus 22 3600 GENK · Resignation: BORTOLAZZI Bruno (director) · General meeting of 07-05-20254 points ▸
- General meeting, 07-05-2025
- Registered-office move, Keinkesstraat 20 bus 13 te 3600 GENK
- Director resignation, BORTOLAZZI Bruno
- Director appointment, BIJNENS Bianca
2024
Registered office moved within GenkNew registered office: Rootenstraat 13 bus 22 in 3600 Genk · Previous registered office: Grotestraat 67 bus 33, 3600 Genk · Resignation: Peter Wils (director) · General meeting of 23-10-20244 points ▸
- General meeting, 23-10-2024
- Director resignation, Peter Wils
- Director appointment, Bruno Terzo Bortolazzi
- Registered-office move, Rootenstraat 13 bus 22 in 3600 Genk
Annual accounts 2023 filed PDFabbreviated format · on the deadline day
2023
Annual accounts 2022 filed PDFabbreviated format · 38 days late
Environmental permit granted OmgevingsloketBouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 2 more · Tongeren-Borgloon
2022
IncorporationFounding capital of €3,000, 100 shares · Founder: GROUP JPL · Appointment: GROUP JPL (director) · published on 05-07-20225 points ▸
- Founder, GROUP JPL
- Founding capital, €3,000, 100 shares
- Registered office clause, Grotestraat 67 bus 33, 3600 Genk
- Director appointment, GROUP JPL (director (not named in the articles))
- Permanent representative, WILS Peter Benny Maria
- The deed holds 4 more points.
First establishment Roerstraat 6, Genk
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0787.941.094
- VAT number
- BE 0787.941.094
- Peppol ID
- 0208:0787941094
- Other Peppol ID
- 9925:BE0787941094
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 01-07-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 20 June at 18:00deed of 05-07-2022 (in Dutch)
- Peppol
- Reachable since 06-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- JPL Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 05-07-2022 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- JPL Constructdeed of 05-07-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 05-07-2022 (in Dutch)
Activities
NACEBEL 2025VAT activities
41001
General construction of residential buildings main activity
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Keinkesstraat 20 registered office 3600 Genk | ||
| Roerstraat 6 3600 Genk | 01-07-2022 | 2.337.863.514 |
Buildings and parcels at the addresses
- Ground area
- 3,552 m²
- Buildings
- 567 m²
- Volume, LiDAR
- 4,022 m³
- Tallest building
- 10.2 m
Buildings to scale, each on its own parcel
Environmental permits
1 application in Flanders since 2022 · 1 granted| 28-04-2023 | Granted | Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies submitted 03-12-2022 · project 2022150854 | Tongeren-Borgloon |
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71305F0526/00B000 | 2,290 m² | 1 · 448 m² | 10.2 m · 3 |
| 71306G0034/00Y036 | 1,262 m² | 1 · 118 m² | 9.4 m · 2 |
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 0787.941.094