JPS Project
ActiveSummary
JPS Project has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €196,964 and a net result of €23,158. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▼-5
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 35.53 against 50.94 in 2023; short-term debt: 2.8% and cash: 7.5% of total assets), and 2.8% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
31 d early
2021
32 d early
2020
31 d early
2019
31 d 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 32 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€196,964▲ 13.3%
2023 · €173,806
Total assets
€202,667▲ 14.4%
2023 · €177,175
Net result
€23,158▼ 14.6%
2023 · €27,104
Working capital
€196,964▲ 17.0%
2023 · €168,279
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€23,891▼ 51.6%€43,931▲ 83.9%€27,965▼ 36.3%€41,390▲ 48.0%€33,456▼ 19.2%
Net result€14,131within the sector's middle half▼ 51.8%€27,905within the sector's middle half▲ 97.5%€19,338within the sector's middle half▼ 30.7%€27,104within the sector's middle half▲ 40.2%€23,158within the sector's middle half▼ 14.6%
Equity€99,458within the sector's middle half▲ 16.6%€127,364within the sector's middle half▲ 28.1%€146,702within the sector's middle half▲ 15.2%€173,806above the sector's middle half▲ 18.5%€196,964above the sector's middle half▲ 13.3%
Total assets€114,994within the sector's middle half▲ 8.0%€142,332within the sector's middle half▲ 23.8%€159,294within the sector's middle half▲ 11.9%€177,175within the sector's middle half▲ 11.2%€202,667within the sector's middle half▲ 14.4%
Debt€15,535▼ 26.6%€14,968▼ 3.6%€12,592▼ 15.9%€3,369▼ 73.2%€5,704▲ 69.3%
Working capital€100,753▲ 18.8%€106,544▲ 5.7%€130,238▲ 22.2%€168,279▲ 29.2%€196,964▲ 17.0%
Solvency86.5%above the sector's middle half▲ 6.4pp89.5%above the sector's middle half▲ 3.0pp92.1%above the sector's middle half▲ 2.6pp98.1%above the sector's middle half▲ 6.0pp97.2%above the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €202,667
Equity
€196,964 ▲ 13.3%
Debt
€5,704 ▲ 69.3%
Debt's share of the balance-sheet total rises from 1.9% to 2.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33,456▼
2023 · €52,578
Cash flow
€23,158▼
2023 · €38,292
Current ratio
35.53▼
2023 · 50.94
Debt to equity
0.03▲
2023 · 0.02
ROE
11.8%▼
2023 · 15.6%
ROA
11.4%▼
2023 · 15.3%
Interest coverage
36.64▼
2023 · 54.65
Debt ≤ 1 year
€5,704▲
2023 · €3,369
Income taxes
€10,216▼
2023 · €13,969
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12,284 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €499 | €711 | €4,356 | €11,187 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €410 | €410 | €178 | €966 | ▲ 443% |
| Gross operating margin9900 | €24,800 | €45,051 | €32,730 | €52,756 | €34,422 | ▼ 34.8% |
| Operating profit (loss)9901 | €23,891 | €43,931 | €27,965 | €41,390 | €33,456 | ▼ 19.2% |
| Financial income75/76B | - | €996 | €460 | €645 | €832 | ▲ 29.0% |
| Recurring financial income75 | €156 | €996 | €460 | €645 | €832 | ▲ 29.0% |
| Financial charges65/66B | - | €1,356 | €353 | €962 | €913 | ▼ 5.1% |
| Recurring financial charges65 | €478 | €1,356 | €353 | €962 | €913 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €23,569 | €43,570 | €28,072 | €41,073 | €33,374 | ▼ 18.7% |
| Income taxes67/77 | €9,438 | €15,665 | €8,734 | €13,969 | €10,216 | ▼ 26.9% |
| Profit (loss) for the period9904 | €14,131 | €27,905 | €19,338 | €27,104 | €23,158 | ▼ 14.6% |
| Profit (loss) for the period to be appropriated9905 | €14,131 | €27,905 | €19,338 | €27,104 | €23,158 | ▼ 14.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114,994 | €142,332 | €159,294 | €177,175 | €202,667 | ▲ 14.4% |
| Fixed assets21/28 | - | €21,070 | €16,714 | €5,526 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €21,070 | €16,714 | €5,526 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €9,329 | €7,427 | €5,526 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €11,741 | €9,286 | €0 | - | - |
| Current assets29/58 | €114,994 | €121,262 | €142,580 | €171,649 | €202,667 | ▲ 18.1% |
| Stocks and contracts in progress3 | €6,830 | €2,237 | €5,342 | €1,574 | €0 | ▼ 100% |
| Stocks30/36 | - | €2,237 | €5,342 | €1,574 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €28,955 | €45,237 | €24,544 | €26,192 | €58,375 | ▲ 123% |
| Trade receivables40 | - | €45,061 | €18,032 | €25,640 | €52,262 | ▲ 104% |
| Other amounts receivable41 | - | €176 | €6,512 | €552 | €6,113 | ▲ 1,007% |
| Current investments50/53 | €5,000 | €21,088 | €33,388 | €108,388 | €128,028 | ▲ 18.1% |
| Cash at bank and in hand54/58 | €69,273 | €48,118 | €75,370 | €34,616 | €15,285 | ▼ 55.8% |
| Deferred charges and accrued income490/1 | - | €4,583 | €3,936 | €879 | €980 | ▲ 11.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114,994 | €142,332 | €159,294 | €177,175 | €202,667 | ▲ 14.4% |
| Equity10/15 | €99,458 | €127,364 | €146,702 | €173,806 | €196,964 | ▲ 13.3% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €86,726 | €114,631 | €133,969 | €161,073 | €184,232 | ▲ 14.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €112,771 | €132,109 | €161,073 | €184,232 | ▲ 14.4% |
| Profit (loss) carried forward14 | €332 | €332 | €332 | €332 | €332 | = |
| Amounts payable17/49 | €15,535 | €14,968 | €12,592 | €3,369 | €5,704 | ▲ 69.3% |
| Amounts payable within one year42/48 | €14,241 | €14,718 | €12,342 | €3,369 | €5,704 | ▲ 69.3% |
| Trade debts44 | €11,206 | €11,357 | €11,232 | €2,259 | €1,629 | ▼ 27.9% |
| Suppliers440/4 | - | €11,357 | €11,232 | €2,259 | €1,629 | ▼ 27.9% |
| Taxes, remuneration and social security45 | - | €3,165 | €0 | - | - | - |
| Taxes450/3 | - | €3,165 | €0 | - | - | - |
| Other amounts payable47/48 | - | €196 | €1,110 | €1,110 | €4,075 | ▲ 267% |
| Accrued charges and deferred income492/3 | - | €250 | €250 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,131 | €27,905 | €19,338 | €27,104 | €23,158 | ▼ 14.6% |
| + Depreciation and write-downs630 | €499 | €711 | €4,356 | €11,187 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €14,630 | €28,616 | €23,694 | €38,292 | €23,158 | ▼ 39.5% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €5,526 | - |
| Change in cash | - | -€21,155 | €27,252 | -€40,753 | -€19,332 | ▲ 52.6% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 50.94
Current ratio from 11.55 to 50.94; short-term debt falls from €12,342 to €3,369.
31-12
Financial
Equity above €150,000Eq €173,806 ▲18.5%
6 profitable years in a row build equity to €173,806.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €127,364 ▲28.1%
4 profitable years in a row build equity to €127,364.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €14,131 ▼51.8%
Net result drops to €14,131, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €29,306 ▲9.5%
Operating result €49,375, net result €29,306, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Hasselt · 1 establishment unit since 2015
Ground area
2,458 m²
Building footprint
172 m²
Volume, LiDAR
687 m³
Parcel 71322B0208/00G003, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JPS Project
since 20152.247.797.628
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322B0208/00G003 | Flanders | 2,458 m² | 1 · 172 m² | 8.7 m · 1 fl. |
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.
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Of 3,924 companies in sector 71112 we hold annual accounts for 1,296. 962 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
Founded17-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71112Activities of interior architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643532246
Also
9925:BE0643532246
Registered
09-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.