JPL CONSTRUCTIONS
ActiveSummary
JPL CONSTRUCTIONS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €208,068 and a net result of -€7,038. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 1290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability60▲+15
Solvency58▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.45 in 2023; short-term debt: 61.6% and cash: 0.4% of total assets), and 66.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
33.1%
Return on assets
-1.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
65 d late
2022
2 d late
2021
2 d early
2020
3 d early
2019
92 d late
← 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 38 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, full schema
In the rankings
#4 oldest company in Bassenge, Construction sector#5 company by total assets in Bassenge, Construction sector#5 company by equity in Bassenge, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,038
2023 · €9,228
Working capital
€168,010▲ 7.3%
2023 · €156,517
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€27,403▼ 58.1%€23,680▼ 13.6%€21,181▼ 10.6%€34,403▲ 62.4%€1,124▼ 96.7%
Net result€11,253▼ 71.9%€2,968▼ 73.6%€7,146▲ 141%€9,228▲ 29.1%-€7,038
Equity€195,764▲ 6.1%€198,731▲ 1.5%€205,878▲ 3.6%€215,106▲ 4.5%€208,068▼ 3.3%
Total assets€1.0m▲ 33.3%€860,364▼ 15.4%€658,865▼ 23.4%€582,046▼ 11.7%€627,810▲ 7.9%
Debt€821,231▲ 42.2%€661,633▼ 19.4%€452,987▼ 31.5%€366,940▼ 19.0%€419,742▲ 14.4%
Working capital€109,017▼ 45.2%€121,495▲ 11.4%€134,179▲ 10.4%€156,517▲ 16.6%€168,010▲ 7.3%
Staff (FTE)8▼ 11.1%8=9.1▲ 13.8%7.6▼ 16.5%6.6▼ 13.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 97% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €627,810
Fixed assets
€73,302 ▼ 8.7%
Current assets
€554,508 ▲ 10.5%
Equity and liabilities €627,810
Equity
€208,068 ▼ 3.3%
Debt
€419,742 ▲ 14.4%
Debt's share of the balance-sheet total rises from 63.0% to 66.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40,216▼
2023 · €75,830
Cash flow
€32,055▼
2023 · €50,655
Current ratio
1.43▼
2023 · 1.45
Quick ratio
0.72▼
2023 · 0.89
Debt to equity
2.02▲
2023 · 1.71
ROE
-3.4%▼
2023 · 4.3%
ROA
-1.1%▼
2023 · 1.6%
Interest coverage
5.15▲
2023 · 2.87
Debt ≤ 1 year
€386,498▲
2023 · €345,243
Debt > 1 year
€33,243▲
2023 · €21,698
Income taxes
€400▼
2023 · €4,918
Staff costs
€312,206▼
2023 · €362,510
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €343,115 | €416,148 | €362,510 | €312,206 | ▼ 13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,253 | €46,416 | €43,976 | €41,427 | €39,093 | ▼ 5.6% |
| Other operating charges640/8 | - | €9,877 | €9,945 | €5,750 | €5,248 | ▼ 8.7% |
| Gross operating margin9900 | €345,159 | €423,087 | €491,251 | €444,091 | €357,669 | ▼ 19.5% |
| Operating profit (loss)9901 | €27,403 | €23,680 | €21,181 | €34,403 | €1,124 | ▼ 96.7% |
| Financial income75/76B | - | - | €0 | €6,194 | €46 | ▼ 99.3% |
| Recurring financial income75 | €1,651 | - | €0 | €6,194 | €46 | ▼ 99.3% |
| Financial charges65/66B | - | €20,602 | €8,584 | €26,450 | €7,807 | ▼ 70.5% |
| Recurring financial charges65 | €11,529 | €20,602 | €8,584 | €26,450 | €7,807 | ▼ 70.5% |
| Profit (loss) for the period before taxes9903 | €17,524 | €3,078 | €12,598 | €14,146 | -€6,637 | ▼ 147% |
| Transfer from deferred taxes780 | - | €82 | - | - | - | - |
| Income taxes67/77 | €6,947 | €192 | €5,452 | €4,918 | €400 | ▼ 91.9% |
| Profit (loss) for the period9904 | €11,253 | €2,968 | €7,146 | €9,228 | -€7,038 | ▼ 176% |
| Transfer from tax-exempt reserves789 | - | €2,025 | €921 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €13,278 | €4,993 | €8,067 | €9,228 | -€7,038 | ▼ 176% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €860,364 | €658,865 | €582,046 | €627,810 | ▲ 7.9% |
| Fixed assets21/28 | €211,415 | €164,999 | €122,024 | €80,286 | €73,302 | ▼ 8.7% |
| Tangible fixed assets22/27 | €209,955 | €163,539 | €120,564 | €78,826 | €71,842 | ▼ 8.9% |
| Plant, machinery and equipment23 | - | €4,032 | €4,221 | €3,742 | €3,263 | ▼ 12.8% |
| Furniture and vehicles24 | - | €159,508 | €116,342 | €75,084 | €68,579 | ▼ 8.7% |
| Financial fixed assets28 | €1,460 | €1,460 | €1,460 | €1,460 | €1,460 | = |
| Current assets29/58 | €805,661 | €695,365 | €536,841 | €501,760 | €554,508 | ▲ 10.5% |
| Stocks and contracts in progress3 | €160,541 | €173,821 | €169,333 | €193,541 | €276,220 | ▲ 42.7% |
| Stocks30/36 | - | €173,821 | €169,333 | €193,541 | €276,220 | ▲ 42.7% |
| Amounts receivable within one year40/41 | €627,698 | €505,278 | €333,781 | €302,063 | €274,180 | ▼ 9.2% |
| Trade receivables40 | - | €260,482 | €242,820 | €207,827 | €260,742 | ▲ 25.5% |
| Other amounts receivable41 | - | €244,797 | €90,960 | €94,236 | €13,438 | ▼ 85.7% |
| Cash at bank and in hand54/58 | €6,623 | €6,623 | €33,447 | €5,928 | €2,231 | ▼ 62.4% |
| Deferred charges and accrued income490/1 | - | €9,642 | €280 | €228 | €1,877 | ▲ 725% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €860,364 | €658,865 | €582,046 | €627,810 | ▲ 7.9% |
| Equity10/15 | €195,764 | €198,731 | €205,878 | €215,106 | €208,068 | ▼ 3.3% |
| Contributions10/11 | - | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Reserves13 | €71,194 | €74,162 | €81,308 | €90,537 | €90,537 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | €12,229 | €11,308 | €11,308 | €11,308 | = |
| Distributable reserves133 | - | €60,074 | €68,141 | €77,370 | €77,370 | = |
| Profit (loss) carried forward14 | €109,696 | €109,696 | €109,696 | €109,696 | €102,658 | ▼ 6.4% |
| Provisions and deferred taxes16 | €82 | - | - | - | - | - |
| Amounts payable17/49 | €821,231 | €661,633 | €452,987 | €366,940 | €419,742 | ▲ 14.4% |
| Amounts payable after more than one year17 | €124,587 | €87,763 | €50,325 | €21,698 | €33,243 | ▲ 53.2% |
| Financial debts170/4 | - | €87,763 | €50,325 | €21,698 | €33,243 | ▲ 53.2% |
| Amounts payable within one year42/48 | €696,644 | €573,870 | €402,662 | €345,243 | €386,498 | ▲ 11.9% |
| Current portion of amounts payable after more than one year42 | - | €36,824 | €37,438 | €28,627 | €30,073 | ▲ 5.0% |
| Financial debts43 | - | €15,840 | - | €1,537 | €25,448 | ▲ 1,556% |
| Credit institutions430/8 | - | €15,840 | - | €1,537 | €25,448 | ▲ 1,556% |
| Trade debts44 | €426,392 | €344,264 | €310,073 | €160,331 | €113,933 | ▼ 28.9% |
| Suppliers440/4 | - | €344,264 | €310,073 | €160,331 | €113,933 | ▼ 28.9% |
| Taxes, remuneration and social security45 | - | €9,210 | €4,952 | €107,632 | €148,327 | ▲ 37.8% |
| Taxes450/3 | - | €5,493 | €1,452 | €47,095 | €76,502 | ▲ 62.4% |
| Remuneration and social security454/9 | - | €3,717 | €3,500 | €60,537 | €71,825 | ▲ 18.6% |
| Other amounts payable47/48 | - | €167,732 | €50,200 | €47,115 | €68,717 | ▲ 45.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,253 | €2,968 | €7,146 | €9,228 | -€7,038 | ▼ 176% |
| + Depreciation and write-downs630 | €8,253 | €46,416 | €43,976 | €41,427 | €39,093 | ▼ 5.6% |
| Operating cash flow (approximation) | €19,506 | €49,384 | €51,122 | €50,655 | €32,055 | ▼ 36.7% |
| Investment in fixed assets (approximation) | - | €0 | -€1,000 | €310 | -€32,108 | ▼ 10,463% |
| Change in cash | - | €0 | €26,824 | -€27,519 | -€3,697 | ▲ 86.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 74 days late
2024
31-12
Financial
Weakest financial yearnet -€7,038
Net result drops to -€7,038, the lowest in the series.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 65 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2022
31-12
Financial
Equity above €200,000Eq €205,878 ▲3.6%
4 profitable years in a row build equity to €205,878.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
31-12
Financial
Back to profitnet €40,032
Net result €40,032 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €184,511 ▲27.7%
Equity rises from €144,479 to €184,511.
14-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 106 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bassenge · 1 establishment unit since 1997
Ground area
1,382 m²
Building footprint
1,190 m²
Parcel 62017B0196/00L000, Wallonia. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
Rue de l'Eglise 35, 4690 Bassenge
since 19972.081.662.956
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62017B0196/00L000 | Wallonia | 1,382 m² | 1 · 1,190 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
22 categoriesJPL CONSTRUCTIONS SRL36431
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Under Reconstruction
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ARES
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,037. 11,992 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.