Result
€91,230 ▼ 91.5%
The result fell in 2025 from €1.1m to €91,230.
JRN-CONSTRUCT
Lifetime
6 annual accounts with figures on one time axispeak €3.6m (2024)
€2.5m▼ 31.2%
lowest -€137,390 (2021)
€91,230▼ 91.5%
peak €2.0m (2025)
€2.0m▲ 4.9%
€4.8m▲ 56.1%
peak 26 FTE (2024)
26 FTEunchanged
Board2 names since 2019
2 directorsConstruct Support and 1 other
Owners
Documentsfilings and deeds
20-07-202611 days before the deadline
2025abbreviated format
Gross margin from €3.6m to €2.5mResult from €1.1m to €91,2301 director appointed 01-04Debts from €3.1m to €4.8mCash from €365,170 to €587,149
Key points
from the 2025 annual accountsTurnover
≈ €4.3m estimated
The abbreviated format states no turnover.
Debts
€4.8m ▲ 56.1%
Debts rose by €1.7m in 2025.
Staff
28 employees on 31-12-2025
In 2025, 8 people joined and 9 left.
Filings
6 annual accounts 2 late
The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
€2.0m
More equity than 87% of companies in fabricated metal products. Sector median €440,856 · 1,245 companies.
Checked score
80
Excellent
Financially stronger than 39% of small companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 749 companies (NACE 25, small).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 1.9%▼ -0.1 percentage points vs 12-2024
02-2025: 1.4%▼ -0.5 percentage points vs 01-2025
03-2025: 1.6%▲ +0.2 percentage points vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.8%▲ +0.2 percentage points vs 05-2025
07-2025: 2.0%▲ +0.2 percentage points vs 06-2025
08-2025: 2.6%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 0.4%▼ -2.2 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025lowest value
01-2026: 0.4%● unchanged vs 12-2025lowest value
02-2026: 0.4%● unchanged vs 01-2026lowest value
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2019
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Figures for financial year 2025 (filed on 20-07-2026)
Size: 26 FTE, total assets €6.8m
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 25, small). It does better than 30% of them on solvency, 27% on liquidity, 47% on profitability and 51% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 2,372 companies had the same profile as JRN-CONSTRUCT has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JRN-CONSTRUCT itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 2,372 companies, not a prediction for JRN-CONSTRUCT. 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
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.48 in 2024), above the usual 1.5. Short-term debt is 56% and cash 8.6% of total assets. However, 71.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
11 days early
2024
27 days late
2023
71 days early
2022
17 days early
2021
31 days late
2020
135 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 29 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 20 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Construct Support 100%score 96equity €969,575 (2025) · 30-09-2025 annual accounts of Construct Support
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden, Verbouwen / Wijzigen Infrastructuur · Lokeren
1 director appointed
Yarecon · Permanent representatives: Reynvoet Maarten and Reynvoet Johan · General meeting of 01-02-2025 · Gazette deed
Environmental permit granted
Nieuwbouw of aanleggen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Lokeren
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0734691955
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JRN-CONSTRUCT Lokeren | - | - | 28.8% | 26 |
| POMMEE Herstal | - | - | 58.4% | 13.9 |
| VERCA PROCESTECHNIEK Moorslede | €18.8m | 15.1% | 59.3% | 38.6 |
| TANKBOUW DESPLENTERE-LANNOY Torhout | - | - | 67.4% | 16 |
| C.T.C. TANKBOUW Dilsen-Stokkem | €15.8m | 16.7% | 38.1% | 15.4 |
| LHOEST FRERES Liège | - | - | 59.3% | 13.9 |
| RHENUS AUTOMOTIVE ASSEMBLY Genk | €36.7m | -0.2% | 63.5% | 13.7 |
These companies have the same main activity as JRN-CONSTRUCT: manufacture of fabricated metal products, except machinery and equipment (NACE 25220). They are comparable in size and age: total assets between €1.9m and €12m, founded between 2004 and 2017.
Official details
Source: KBO- Status
- Active since 20-09-2019Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25220and 5 others
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.293.676.3519160 Lokeren, since 20-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 28-07-2024
Annual accounts 2025
- €6.8m▲ 36.9%
- Employeeson 31-12-2025
- 28▼ 3.4%
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on JRN-CONSTRUCT
JRN-CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €2.0m in 2020 to €2.5m in 2025.
Construct Support holds all the shares.
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 JRN-CONSTRUCT
- What is the company number of JRN-CONSTRUCT?
- The company number of JRN-CONSTRUCT is 0734.691.955. The VAT number is the same number with BE in front: BE 0734.691.955.
- Where is JRN-CONSTRUCT based?
- The registered office is at Ambachtenstraat 15, 9160 Lokeren.Company details
- What does JRN-CONSTRUCT do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25220).
- What is the legal form of JRN-CONSTRUCT?
- JRN-CONSTRUCT is a private limited company (BV).
- When was JRN-CONSTRUCT founded?
- JRN-CONSTRUCT was founded on 20-09-2019.
- Is JRN-CONSTRUCT still active?
- Yes, JRN-CONSTRUCT is an active enterprise in the KBO register.
- How many employees does JRN-CONSTRUCT have?
- JRN-CONSTRUCT had an average of 26 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does JRN-CONSTRUCT fall under?
- In its 2025 annual accounts, JRN-CONSTRUCT states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of JRN-CONSTRUCT?
- The turnover in financial year 2025 is ≈ €4.3m. This figure is estimated from the gross margin of €2.5m and 1,585 comparable companies of the same size. It probably lies between €2.9m and €7.0m. It is a rough estimate.
- Is JRN-CONSTRUCT profitable?
- In financial year 2025, JRN-CONSTRUCT made a profit of €91,230.
- Where can I find the annual accounts of JRN-CONSTRUCT?
- JRN-CONSTRUCT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JRN-CONSTRUCT due?
- JRN-CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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