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JR TERRASSEMENT

Active
Private limited companyfounded 2022active for 4 yearsRue de l'Usine 2, 4840 Welkenraedt, BelgiumKBO/BCE: BE 0783.816.715

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

JR TERRASSEMENT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,218 and a net result of €113,161. Equity has been growing by about 60% per year since 2022. Its solvency ranks better than 29% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 25-03-2022 Normal situation
Registered office
14 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Site preparation NACE 43120and 2 others
Establishment unit
2.329.940.196 4840 Welkenraedt, since 25-03-2022
Financial year end
31 December
Peppol
Reachable since 25-03-2025

Board and ownership

Board
  • REUTER JérômeDirector · since 25-03-2022

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€211,244
▲ 80.8%
Turnover
≈ €690,000
estimated
Profit
€113,161
▲ 71.5%
Equity
€125,218
▲ 73.8%
Total assets
€449,779
▲ 26.2%
Filed on 30-06-2026, 31 days before the deadlineat the National Bank
Score breakdownraises riskFounded in 2022lowers riskLiquidity: current ratio 1.24, cash €106,916Size: total assets €449,779Figures for financial year 2025 (filed on 30-06-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 53+8
equity 27.8% of total assets
Liquidity 69+12
short-term debt 27.8% · cash 23.8%
Profitability 100+8
return on assets 25.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 2.6%highest value 12-2024: 2.4%▼ -0.2 percentage points vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.5%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%▼ -1.4 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 0.9%▼ -0.2 percentage points vs 11-2025 01-2026: 0.8%▼ -0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.1 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 0.3%▼ -1.0 percentage point vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.24 (1.37 in 2024), below the usual 1.5. Short-term debt is 27.8% and cash 23.8% of total assets. 72.2% of the assets are financed with debt and provisions.
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 29% of them on solvency, 67% on liquidity, 92% on profitability and 88% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.24, cash €106,916
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €449,779
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
31 days early
2024
66 days early
2023
33 days early
2022
28 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 26 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 30 June (3 of the last 4 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: Equity rose in 2025from €72,057 to €125,218 ▲ 73.8% View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies €113,161 View

Comparable companies

These companies have the same main activity as JR TERRASSEMENT: site preparation (NACE 43120). They are comparable in size and age: total assets between €388,000 and €485,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
JR TERRASSEMENT Welkenraedt€449,779€211,244
Ch. Bragard Spa€485,400€220,979
MP TERRASSEMENT Ferrières€475,935€178,935
KG-Projects Rumst€473,534€216,666
GRONDWERKEN VAN HOECKE Maldegem€450,474€243,798
Moors Jimmy Peer€466,745€189,667
Grondwerken Tim Theelen Kasterlee€388,051€182,028
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about JR TERRASSEMENT

What is the company number of JR TERRASSEMENT?
The company number of JR TERRASSEMENT is 0783.816.715. The VAT number is the same number with BE in front: BE 0783.816.715.
Where is JR TERRASSEMENT based?
The registered office is at Rue de l'Usine 2, 4840 Welkenraedt.Company details
What does JR TERRASSEMENT do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of JR TERRASSEMENT?
The legal form of JR TERRASSEMENT is Private limited company (BV).
When was JR TERRASSEMENT founded?
JR TERRASSEMENT was founded on 25-03-2022.
Is JR TERRASSEMENT still active?
Yes, JR TERRASSEMENT is an active enterprise in the KBO register.
What is the turnover of JR TERRASSEMENT?
The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €211,244 and 236 comparable companies (NACE 43). It probably lies between €530,000 and €970,000.Financials
Is JR TERRASSEMENT profitable?
In financial year 2025, JR TERRASSEMENT made a profit of €113,161.
Where can I find the annual accounts of JR TERRASSEMENT?
JR TERRASSEMENT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of JR TERRASSEMENT due?
JR TERRASSEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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