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JR CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsTweekerkenstraat 109, 9620 Zottegem, BelgiumKBO/BCE: BE 1015.538.629
Summary

JR CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,031 and a net result of €22,031. Its solvency ranks better than 52% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€51,362total assets 2025
Equity
€25,031
Profit
€22,031
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
2025 accounts filed 14 days late
Why 67raises riskSize: total assets €51,362Founded in 2024lowers riskLiquidity: current ratio 3.76, cash €9,063Equity €25,031 (48.7% of total assets)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 69% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 74
equity 48.7% of total assets
Liquidity 63
short-term debt 25.0% · cash 17.6%
Profitability 100
return on assets 42.9%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 11-2025: 1.9% 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 2.0%▲ +0.1 percentage points vs 12-2025 02-2026: 2.3%▲ +0.3 percentage points vs 01-2026 03-2026: 2.4%▲ +0.1 percentage points vs 02-2026 04-2026: 2.7%▲ +0.3 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 3.0%▲ +0.3 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026highest value 08-2026: 2.9%▼ -0.1 percentage points vs 07-2026 09-2026: 1.1%▼ -1.8 percentage points vs 08-2026lowest value 10-2026: 1.2%▲ +0.1 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 3.76, above the usual 1.5; short-term debt: 25% and cash: 17.6% of total assets), but 51.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 53% on solvency, 61% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Size: total assets €51,362
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 3.76, cash €9,063
NBB · annual accounts
lowers risk · Equity €25,031 (48.7% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 1 filing
Deviation from the deadline
2025
14 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: IMMEGEERS, Jonathan (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (14 days) Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00414748.

Equity
€25,031
Total assets
€51,362
Net result
€22,031
Working capital
€35,439

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €51,362
Fixed assets €3,078
Current assets €48,284
Equity and liabilities €51,362
Equity €25,031
Debt €26,331
Debt finances 51.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,328
Cash flow
€22,262
Current ratio
3.76
Debt to equity
1.05
ROE
88.0%
ROA
42.9%
Interest coverage
10.74
Debt ≤ 1 year
€12,845
Debt > 1 year
€13,486
Income taxes
€6,161
Staff costs
€1,067

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€51,362
Fixed assets21/28€3,078
Tangible fixed assets22/27€3,078
Plant, machinery and equipment23€3,012
Furniture and vehicles24€66
Current assets29/58€48,284
Amounts receivable within one year40/41€39,221
Trade receivables40€5,039
Other amounts receivable41€34,182
Cash at bank and in hand54/58€9,063
Equity and liabilities
Total equity and liabilities10/49€51,362
Equity10/15€25,031
Contributions10/11€3,000
Profit (loss) carried forward14€22,031
Amounts payable17/49€26,331
Amounts payable after more than one year17€13,486
Financial debts170/4€13,486
Amounts payable within one year42/48€12,845
Trade debts44€6,685
Suppliers440/4€6,685
Taxes, remuneration and social security45€6,160
Taxes450/3€6,160
Income statement Code2025
Remuneration, social security and pensions62€1,067
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231
Other operating charges640/8€300
Gross operating margin9900€32,696
Operating profit (loss)9901€31,097
Financial income75/76B€12
Recurring financial income75€12
Financial charges65/66B€2,918
Recurring financial charges65€2,918
Profit (loss) for the period before taxes9903€28,192
Income taxes67/77€6,161
Profit (loss) for the period9904€22,031
Profit (loss) for the period to be appropriated9905€22,031
Appropriation of the result
Profit (loss) to be appropriated9906€22,031

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1,067
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231
Other operating charges640/8€300
Gross operating margin9900€32,696
Operating profit (loss)9901€31,097
Financial income75/76B€12
Recurring financial income75€12
Financial charges65/66B€2,918
Recurring financial charges65€2,918
Profit (loss) for the period before taxes9903€28,192
Income taxes67/77€6,161
Profit (loss) for the period9904€22,031
Profit (loss) for the period to be appropriated9905€22,031
Line2025
Assets
Total assets20/58€51,362
Fixed assets21/28€3,078
Tangible fixed assets22/27€3,078
Plant, machinery and equipment23€3,012
Furniture and vehicles24€66
Current assets29/58€48,284
Amounts receivable within one year40/41€39,221
Trade receivables40€5,039
Other amounts receivable41€34,182
Cash at bank and in hand54/58€9,063
Equity and liabilities
Total equity and liabilities10/49€51,362
Equity10/15€25,031
Contributions10/11€3,000
Profit (loss) carried forward14€22,031
Amounts payable17/49€26,331
Amounts payable after more than one year17€13,486
Financial debts170/4€13,486
Amounts payable within one year42/48€12,845
Trade debts44€6,685
Suppliers440/4€6,685
Taxes, remuneration and social security45€6,160
Taxes450/3€6,160
Line2025
Profit (loss) for the period9904€22,031
+ Depreciation and write-downs630€231
Operating cash flow (approximation)€22,262

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 14-08-2026 2026-00414748

Similar companies · same sector, comparable size

Of the 19,856 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,273. 6,642 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
IMMEGEERS, Jonathan
Director (not named in the articles) · since 28-10-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
IMMEGEERS, Jonathan
  • Director (not named in the articles), from 28-10-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 28-10-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 28-10-2024 Incorporation · €3,000 · 300 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 24 October 2024, JR CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 IMMEGEERS, Jonathan has served as director of the company since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-10-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
14-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 14 days late
2024
28-10
Gazette deed Incorporation
Appointment: IMMEGEERS, Jonathan (director) · Founder · Founding capital9 facts ▸
  • Incorporation, “JR CONSTRUCT” (deed in Dutch)
  • Founder, IMMEGEERS, Jonathan
  • Founding capital, €3,000
  • Other provision, “Statuten, vermelden onder meer in het bijzonder” (deed in Dutch)
  • Registered office clause, “9620 Zottegem,Tweekerkenstraat 109” (deed in Dutch)
  • Board rule, 1
  • Director appointment, IMMEGEERS, Jonathan (director (not named in the articles))
  • Other provision, “geen strafrechtelijk of burgerrechtelijk bestuursverbod om persoonlijk of via tussenpersoon onderneming uit te baten of functie bestuurder,commissaris of zaakvo…” (deed in Dutch)
  • Other provision, “bestuurder, vertegenwoordiging rechtspersoon” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded24-10-2024
Financial year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015538629
Also 9925:BE1015538629
Registered 11-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 1015.538.629

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zottegem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
86 m²
Building footprint
112 m²
Building volume
620 m³
Parcel 41020A0131/00C002, Flanders · tallest building 10.2 m. Linked by address, not a title deed.
1 establishment unit
JR CONSTRUCT
Tweekerkenstraat 109, 9620 ZottegemManufacture of rubber and plastic products
since 2024unit no. 2.365.623.924
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41020A0131/00C002 Flanders 86 m² 1 · 112 m² 10.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
JR CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest” (deed in Dutch)

deed of 28-10-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
One provision in the deed

deed of 28-10-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met respectievelijke rechten” (deed in Dutch)

deed of 28-10-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Wednesday of May at 14:00

deed of 28-10-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
2 provisions in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)
“Nog in natura voorhanden goederen opzelfde wijze, aanzuivering schulden,lasten,kosten of consignatie nodige sommen” (deed in Dutch)

deed of 28-10-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Inbrengen, geboekt op beschikbare eigen vermogensrekeningen” (deed in Dutch)
Other provision: “Bestuursorgaan bepaalt alleen of gezamenlijk, Dagelijks bestuur” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, voorstel kan bepalen dat goedkeuring voor welbepaalde datum op zetel moet toekomen” (deed in Dutch)
Other provision: “Toegang algemene vergadering, houder effecten op naam ingeschreven in register voor zijn categorie” (deed in Dutch)
Other provision: “Elke gewone of buitengewone, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst uitkeringen rekening-courant, door algemene vergadering op voorstel bestuursorgaan, elk aandeel gelijk aandeel” (deed in Dutch)
Other provision: “Rekening-courant, rekening-courant” (deed in Dutch)
Other provision: “Instandhouding vermogen en uitkeringen, vaststelling bestuursorgaan dat na uitkering 12 maanden schulden opeisbaar kunnen worden voldaan…” (deed in Dutch)
6 more provisions in the deed, see the deed of 28-10-2024

deed of 28-10-2024