Equity
-€963
Debts exceed assets in financial year 2025.
JPS
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €30,032 (2019)
-€105▲ €12,966
lowest -€14,855 (2024)
-€972▲ €13,883
peak €25,229 (2014)
-€963▼ €972
€11,935▲ 105%
peak 1 FTE (2019)
-not published
Board1 name since 2024
1 directorPatrice CARRE
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from -€13,071 to -€105Loss of €972Equity from €9 to -€963Debts from €5,821 to €11,935
Key points
from the 2025 annual accountsLosses
-€21,518 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€11,935 109% of the balance sheet
Financial debts 62%Suppliers 38%
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 5% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 1.2%▲ +0.8 percentage points vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.1%▼ -0.1 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.3%▲ +0.2 percentage points vs 06-2026
08-2026: 1.4%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 1.4%● unchanged vs 08-2026highest value
10-2026: 1.4%● unchanged vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €972, the second in a row (financial year 2025)
Negative equity -€963
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €10,972
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 43, micro). It does better than 7% of them on solvency, 1% on liquidity, 11% on profitability and 0% 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 low class on 30-06-2025, 0.8% 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, 2,796 companies had the same profile as JPS has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.0%
stopped another way
2.1%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JPS itself: 1.4% within 12 months.
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 2,796 companies, not a prediction for JPS. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.92 (0.98 in 2024), below 1. Short-term debt is 108.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€963
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
31 days early
2023
9 days early
2022
7 days early
2021
31 days early
2020
3 days early
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 23 July (5 of the last 5 accounts filed within 30 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 0208:0477298495
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
“L’achat et la vente de carrelages et autres revêtements de sols ou muraux; La pose de carrelages et des autres…” (deed in French) · Founding capital of €18,600, 186 shares · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 22-12-2023 · Gazette deed
First establishment
Rue de la Motte 29, Grez-Doiceau
Incorporation
published on 20-04-2002 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JPS Grez-Doiceau | €10,972 | -€105 | -8.8% | - |
| BAT-EAU Rebecq | €9,951 | €18 | 9.1% | - |
| COBIBE Brussels | €9,636 | -€1,272 | -87.9% | 0 |
| ENTREPRISES ZARA OLIVIERO Villers-la-Ville | €9,320 | -€2,612 | 8.9% | - |
| Moderne Renovation Uccle | €14,118 | -€338 | 67.5% | - |
| MOREAU RUDY Leuze-en-Hainaut | €14,891 | -€11,710 | -116.6% | - |
| BATI PIERYS Forest | €11,525 | €1,264 | 99.3% | - |
These companies have the same main activity as JPS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €9,320 and €14,900, founded between 1998 and 2006.
Official details
Source: KBO- Status
- Active since 09-04-2002Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Establishment unit
- 2.099.106.3281390 Grez-Doiceau, since 03-07-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Annual accounts 2025
- €10,972▲ 88.2%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on JPS
JPS files the micro format. That format states no turnover. The gross margin fell from €16,983 in 2006 to -€105 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JPS
- What is the company number of JPS?
- The company number of JPS is 0477.298.495. The VAT number is the same number with BE in front: BE 0477.298.495.
- Where is JPS based?
- The registered office is at Rue de la Motte 29, 1390 Grez-Doiceau.Company details
- What does JPS do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of JPS?
- JPS is a private limited company (BV).
- When was JPS founded?
- JPS was founded on 09-04-2002.
- Is JPS still active?
- Yes, JPS is an active enterprise in the KBO register.
- How many employees does JPS have?
- JPS had an average of 1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of JPS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2021 turnover was €191,128.
- Is JPS profitable?
- In financial year 2025, JPS made a loss of €972.
- Where can I find the annual accounts of JPS?
- JPS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JPS due?
- JPS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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