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JS ENGINEERING

Active
Private limited companyfounded 2010active for 16 yearsKanaalpad 9, 3500 Hasselt, Belgium10 active companies are registered at this addressKBO/BCE: BE 0823.596.118
Summary

JS ENGINEERING has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,056 and a net result of €7,895. Equity is growing by about 2.9% per year across the filed financial years. Its solvency ranks better than 58% of 2,829 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00491434.

Equity
€31,056▲ 34.1%
2024 · €23,160
Total assets
€82,906▼ 11.4%
2024 · €93,596
Net result
€7,895
2024 · -€1,025
Working capital
€17,134▲ 66.4%
2024 · €10,298
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€16,356 2025 Net result€7,895 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€16,808--€6,144€13,706€3,689▼ 73.1%-€7,560€9,470€15,770▲ 66.5%€16,356▲ 3.7%
Net result€10,449--€7,833€9,000within the sector's middle half€1,816within the sector's middle half▼ 79.8%-€10,586below the sector's middle half€6,347within the sector's middle half-€1,025within the sector's middle half€7,895within the sector's middle half
Equity€25,442-€17,609▼ 30.8%€26,609within the sector's middle half▲ 51.1%€28,424within the sector's middle half▲ 6.8%€17,838within the sector's middle half▼ 37.2%€24,185within the sector's middle half▲ 35.6%€23,160within the sector's middle half▼ 4.2%€31,056within the sector's middle half▲ 34.1%
Total assets€46,312-€44,063▼ 4.9%€56,219within the sector's middle half▲ 27.6%€118,386within the sector's middle half▲ 111%€100,449within the sector's middle half▼ 15.2%€93,842within the sector's middle half▼ 6.6%€93,596within the sector's middle half▼ 0.3%€82,906within the sector's middle half▼ 11.4%
Debt€20,870-€26,453▲ 26.8%€29,610▲ 11.9%€89,961▲ 204%€82,611▼ 8.2%€69,656▼ 15.7%€70,435▲ 1.1%€51,850▼ 26.4%
Working capital€11,253--€7,540€6,532within the sector's middle half-€28,761within the sector's middle half-€25,915within the sector's middle half▲ 9.9%-€11,030within the sector's middle half▲ 57.4%€10,298within the sector's middle half€17,134within the sector's middle half▲ 66.4%
Solvency54.9%-40.0%▼ 15.0pp47.3%within the sector's middle half▲ 7.4pp24.0%within the sector's middle half▼ 23.3pp17.8%within the sector's middle half▼ 6.3pp25.8%within the sector's middle half▲ 8.0pp24.7%within the sector's middle half▼ 1.0pp37.5%within the sector's middle half▲ 12.7pp
Current ratio1.54-0.71▼ 0.821.22within the sector's middle half▲ 0.510.23below the sector's middle half▼ 0.990.39below the sector's middle half▲ 0.160.73within the sector's middle half▲ 0.351.25within the sector's middle half▲ 0.521.41within the sector's middle half▲ 0.15
Return on assets (ROA)22.6%--17.8%▼ 40.3pp16.0%above the sector's middle half▲ 33.8pp1.5%within the sector's middle half▼ 14.5pp-10.5%below the sector's middle half▼ 12.1pp6.8%within the sector's middle half▲ 17.3pp-1.1%within the sector's middle half▼ 7.9pp9.5%within the sector's middle half▲ 10.6pp
above within below the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,906
Fixed assets €23,607 ▼ 44.8%
Current assets €59,299 ▲ 16.7%
Equity and liabilities €82,906
Equity €31,056 ▲ 34.1%
Debt €51,850 ▼ 26.4%
Debt's share of the balance-sheet total falls from 75.3% to 62.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37,269▲
2024 · €36,582
Cash flow
€28,808▲
2024 · €19,788
Quick ratio
1.33▲
2024 · 1.17
Debt to equity
1.67▼
2024 · 3.04
ROE
25.4%▲
2024 · -4.4%
Interest coverage
22.00▼
2024 · 26.37
Debt ≤ 1 year
€42,166▲
2024 · €40,514
Debt > 1 year
€9,685▼
2024 · €29,922
Income taxes
€6,848▼
2024 · €15,450
Staff costs
€199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,473 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% 1.0%
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 34,695 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 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€93,596€82,906▼
Fixed assets21/28€42,784€23,607▼
Tangible fixed assets22/27€42,784€23,607▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€41,784€23,607▼
Other tangible fixed assets26€1,000€0▼
Current assets29/58€50,812€59,299▲
Stocks and contracts in progress3€3,247€3,247=
Stocks30/36€3,247€3,247=
Amounts receivable within one year40/41€13,904€17,922▲
Trade receivables40€13,159€14,350▲
Other amounts receivable41€745€3,571▲
Cash at bank and in hand54/58€32,983€37,453▲
Deferred charges and accrued income490/1€678€678=
Equity and liabilities
Total equity and liabilities10/49€93,596€82,906▼
Equity10/15€23,160€31,056▲
Contributions10/11€12,100€12,100=
Reserves13€37,642€45,537▲
Distributable reserves133€37,642€45,537▲
Profit (loss) carried forward14-€26,582-€26,582=
Amounts payable17/49€70,435€51,850▼
Amounts payable after more than one year17€29,922€9,685▼
Financial debts170/4€29,922€9,685▼
Amounts payable within one year42/48€40,514€42,166▲
Current portion of amounts payable after more than one year42€17,288€20,237▲
Trade debts44€10,815€0▼
Suppliers440/4€10,815€0▼
Taxes, remuneration and social security45€12,410€20,460▲
Taxes450/3€12,410€20,460▲
Other amounts payable47/48€0€1,468▲
Income statement Code20242025
Remuneration, social security and pensions62-€199
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,813€20,912▲
Other operating charges640/8€3,752€3,309▼
Gross operating margin9900€40,334€40,776▲
Operating profit (loss)9901€15,770€16,356▲
Financial income75/76B€43€81▲
Recurring financial income75€43€81▲
Financial charges65/66B€1,387€1,694▲
Recurring financial charges65€1,387€1,694▲
Profit (loss) for the period before taxes9903€14,426€14,743▲
Income taxes67/77€15,450€6,848▼
Profit (loss) for the period9904-€1,025€7,895▲
Profit (loss) for the period to be appropriated9905-€1,025€7,895▲
Appropriation of the result
Profit (loss) to be appropriated9906-€26,582-€18,687▲
Profit (loss) brought forward from the previous period14P-€25,557-€26,582▼
Transfer to equity691/2-€7,895
To other reserves6921-€7,895

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

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€33€102€279-€199-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,469€5,072€5,072€4,458€21,128€21,390€20,813€20,912▲ 0.5%
Other operating charges640/8---€2,038€13,135€3,453€3,752€3,309▼ 11.8%
Gross operating margin9900€22,891€1,953€21,176€10,218€26,805€34,591€40,334€40,776▲ 1.1%
Operating profit (loss)9901€16,808-€6,144€13,706€3,689-€7,560€9,470€15,770€16,356▲ 3.7%
Financial income75/76B----€82€29€43€81▲ 87.9%
Recurring financial income75€241€20€8-€82€29€43€81▲ 87.9%
Financial charges65/66B---€1,873€2,650€2,690€1,387€1,694▲ 22.1%
Recurring financial charges65€346€1,063€834€1,873€2,650€2,690€1,387€1,694▲ 22.1%
Profit (loss) for the period before taxes9903€16,703-€7,186€12,879€1,816-€10,129€6,809€14,426€14,743▲ 2.2%
Income taxes67/77€6,254€647€3,880-€458€462€15,450€6,848▼ 55.7%
Profit (loss) for the period9904€10,449-€7,833€9,000€1,816-€10,586€6,347-€1,025€7,895-
Profit (loss) for the period to be appropriated9905€10,449-€7,833€9,000€1,816-€10,586€6,347-€1,025€7,895-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€46,312€44,063€56,219€118,386€100,449€93,842€93,596€82,906▼ 11.4%
Fixed assets21/28€14,189€25,149€20,076€109,854€84,160€63,597€42,784€23,607▼ 44.8%
Tangible fixed assets22/27€14,189€25,149€20,076€109,854€84,160€63,597€42,784€23,607▼ 44.8%
Plant, machinery and equipment23-----€0€0€0-
Furniture and vehicles24---€104,672€80,568€61,597€41,784€23,607▼ 43.5%
Other tangible fixed assets26---€5,183€3,591€2,000€1,000€0▼ 100%
Current assets29/58€32,123€18,914€36,143€8,532€16,290€30,245€50,812€59,299▲ 16.7%
Stocks and contracts in progress3€3,498€3,247€3,247€3,247€3,247€3,247€3,247€3,247=
Stocks30/36---€3,247€3,247€3,247€3,247€3,247=
Amounts receivable within one year40/41€2,656€672€692€393€591€2,840€13,904€17,922▲ 28.9%
Trade receivables40-----€2,000€13,159€14,350▲ 9.1%
Other amounts receivable41---€393€591€840€745€3,571▲ 379%
Cash at bank and in hand54/58€25,465€14,472€31,665€4,203€12,452€23,727€32,983€37,453▲ 13.6%
Deferred charges and accrued income490/1---€689-€430€678€678=
Equity and liabilities
Total equity and liabilities10/49€46,312€44,063€56,219€118,386€100,449€93,842€93,596€82,906▼ 11.4%
Equity10/15€25,442€17,609€26,609€28,424€17,838€24,185€23,160€31,056▲ 34.1%
Contributions10/11€12,100€12,100-€12,100€12,100€12,100€12,100€12,100=
Reserves13€22,295€22,295€31,295€31,295€31,295€37,642€37,642€45,537▲ 21.0%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133---€29,435€29,435€37,642€37,642€45,537▲ 21.0%
Profit (loss) carried forward14-€8,953-€16,786-€16,786-€14,971-€25,557-€25,557-€26,582-€26,582=
Amounts payable17/49€20,870€26,453€29,610€89,961€82,611€69,656€70,435€51,850▼ 26.4%
Amounts payable after more than one year17---€52,669€40,407€27,962€29,922€9,685▼ 67.6%
Financial debts170/4---€52,669€40,407€27,962€29,922€9,685▼ 67.6%
Amounts payable within one year42/48€20,870€26,453€29,610€37,293€42,204€41,274€40,514€42,166▲ 4.1%
Current portion of amounts payable after more than one year42---€9,376€12,262€12,445€17,288€20,237▲ 17.1%
Trade debts44-€14,291€14,202€6,432€763€6,622€10,815€0▼ 100%
Suppliers440/4---€6,432€763€6,622€10,815€0▼ 100%
Taxes, remuneration and social security45---€3,880€10,600€300€12,410€20,460▲ 64.9%
Taxes450/3---€3,880€4,800€300€12,410€20,460▲ 64.9%
Remuneration and social security454/9----€5,800----
Other amounts payable47/48---€17,606€18,580€21,907€0€1,468-
Accrued charges and deferred income492/3-----€420---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€10,449-€7,833€9,000€1,816-€10,586€6,347-€1,025€7,895-
+ Depreciation and write-downs630€3,469€5,072€5,072€4,458€21,128€21,390€20,813€20,912▲ 0.5%
Operating cash flow (approximation)€13,918-€2,761€14,072€6,273€10,542€27,737€19,788€28,808▲ 45.6%
Investment in fixed assets (approximation)--€16,032€0-€94,236€4,566-€826€0-€1,735-
Change in cash--€10,993€17,193-€27,462€8,248€11,275€9,256€4,470▼ 51.7%

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

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00491434
31-12-2024 micro format 25-08-2025 2025-00406403
31-12-2023 micro format 30-08-2024 2024-00443256
31-12-2022 micro format 25-07-2023 2023-00264752
31-12-2021 micro format 28-07-2022 2022-20274852
31-12-2020 micro format 10-06-2021 2021-18900577
31-12-2019 micro format 19-06-2020 2020-18800085
31-12-2018 micro format 02-08-2019 2019-43500317
31-12-2017 micro format 25-07-2018 2018-37400151
31-12-2016 abbreviated format 27-06-2017 2017-22500195

Show all 15 filings

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