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JS ENGINEERING

Active
Private limited companyfounded 201016 yrs activeKanaalpad 9, 3500 Hasselt, BelgiumKBO/BCE: BE 0823.596.118

JS ENGINEERING has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €8k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 58% of 2199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
89 / 100
Excellent▲ +44 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency67▲+25
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.25 in 2024), and 62.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.5%
Return on assets
9.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
25 d late
2023
30 d late
2022
6 d early
2021
3 d early
2020
51 d early
2019
42 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
05-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€31k▲ 34.1%
2024 · €23k
2018: €25k 2019: €18k 2020: €27k 2021: €28k 2022: €18k 2023: €24k 2024: €23k
2018 → 2025
Total assets
€83k▼ 11.4%
2024 · €94k
2018: €46k 2019: €44k 2020: €56k 2021: €118k 2022: €100k 2023: €94k 2024: €94k
2018 → 2025
Net result
€8k
2024 · €-1k
2018: €1k 2019: €-17k 2020: €-8k 2021: €2k 2022: €-11k 2023: €6k 2024: €-1k
2018 → 2025
Working capital
€17k▲ 66.4%
2024 · €10k
2018: €11k 2019: €-8k 2020: €7k 2021: €-29k 2022: €-26k 2023: €-11k 2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€28k-€18k▼ 37.2%€24k▲ 35.6%€23k▼ 4.2%€31k▲ 34.1%
Operating result€4k-€-8k€9k€16k▲ 66.5%€16k▲ 3.7%
Net result€2k-€-11k€6k€-1k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €4k€4kNet result 2021: €2k€2kOperating result 2022: €-8k€-8kNet result 2022: €-11k€-11kOperating result 2023: €9k€9kNet result 2023: €6k€6kOperating result 2024: €16k€16kNet result 2024: €-1k€-1kOperating result 2025: €16k€16kNet result 2025: €8k€8k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets €24k▼ 44.8%
Current assets €59k▲ 16.7%
Equity and liabilities €83k
Equity €31k▲ 34.1%
Debt €52k▼ 26.4%
The debt ratio falls from 75.3% to 62.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37k
2024 · €37k
Cash flow
€29k
2024 · €20k
Solvency
37.5%
2024 · 24.7%
Current ratio
1.41
2024 · 1.25
Quick ratio
1.33
2024 · 1.17
Debt / equity
1.67
2024 · 3.04
ROE
25.4%
2024 · -4.4%
ROA
9.5%
2024 · -1.1%
Interest coverage
22.00
2024 · 26.37
Debt
€52k
2024 · €70k
Debt ≤ 1 year
€42k
2024 · €41k
Debt > 1 year
€10k
2024 · €30k
Income taxes
€7k
2024 · €15k
Staff costs
€199
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Total assets 20/58€94k€83k
Fixed assets 21/28€43k€24k
Tangible fixed assets 22/27€43k€24k
Current assets 29/58€51k€59k
Stocks & contracts in progress 3€3k€3k=
Amounts receivable within one year 40/41€14k€18k
Cash & bank 54/58€33k€37k
Total equity & liabilities 10/49€94k€83k
Equity 10/15€23k€31k
Contributions / capital 10/11€12k€12k=
Reserves 13€38k€46k
Accumulated profits (losses) 14€-27k€-27k=
Amounts payable 17/49€70k€52k
Amounts payable after one year 17€30k€10k
Amounts payable within one year 42/48€41k€42k
Trade debts payable within one year 44€11k€0
Income statement Code20242025
Gross operating margin 9900€40k€41k
Operating result 9901€16k€16k
Financial income 75€43€81
Financial charges 65€1k€2k
Result before taxes 9903€14k€15k
Income taxes 67/77€15k€7k
Net result for the period 9904€-1k€8k
Result to be appropriated 9905€-1k€8k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
28-02
State Gazette act Registered-office change
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
31-10
State Gazette act Director changes
Jan CLOET
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
10-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-17k ▼1222%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
02-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
25-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2023
No sitting directors are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
31-10-2023 Resigned as Director
Not every act has been read: a resignation may be missing here
2 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2010
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kanaalpad 93500 Hasselt
Ground area
3.4 ha
Building footprint
1,555 m²
Volume, LiDAR
387 m³
Parcel 71327G0695/00B002, Flanders · tallest building 3.5 m. Linked by address, not a title deed.
1 establishment unit
JS ENGINEERING
Kanaalpad 9, 3500 HasseltRetail trade
since 20102.186.327.342
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0695/00B002 Flanders 3.4 ha 1 · 1,555 m² 3.5 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 1,402 companies in sector 93129 we hold annual accounts for 167. 114 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-02-2010
Fiscal year end31-12
Activities, NACEBEL
93129Activities of other sports clubs
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.