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JS Technics

Active
Private limited companyfounded 2011active for 15 yearsVlasroot 11, 3930 Hamont-Achel, BelgiumKBO/BCE: BE 0838.982.197
Summary

JS Technics has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,333 and a net result of -€20,249. Equity is growing by about 4.7% per year across the filed financial years. Its solvency ranks better than 95% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€56,333▼ 26.4%
2024 · €76,581
Total assets
€60,742▼ 31.5%
2024 · €88,707
Net result
-€20,249▲ 18.9%
2024 · -€24,979
Working capital
€45,021▼ 27.0%
2024 · €61,638
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €20,398 in 2025 against €24,972 in 2024; the loss shrinks.

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

Operating result-€20,398 2025 Net result-€20,249 2025

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

Sector: the middle half of NACE 43, Specialised construction 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
Line2019202020212022202320242025
Operating result€6,302-€22,832▲ 262%€29,188▲ 27.8%€6,730▼ 76.9%€21,598▲ 221%-€24,972-€20,398▲ 18.3%
Net result€3,583-€15,181within the sector's middle half▲ 324%€18,684within the sector's middle half▲ 23.1%€3,631within the sector's middle half▼ 80.6%€14,803within the sector's middle half▲ 308%-€24,979below the sector's middle half-€20,249below the sector's middle half▲ 18.9%
Equity€49,262-€64,442within the sector's middle half▲ 30.8%€83,126within the sector's middle half▲ 29.0%€86,757within the sector's middle half▲ 4.4%€101,560within the sector's middle half▲ 17.1%€76,581within the sector's middle half▼ 24.6%€56,333within the sector's middle half▼ 26.4%
Total assets€92,393-€102,636within the sector's middle half▲ 11.1%€100,573within the sector's middle half▼ 2.0%€125,434within the sector's middle half▲ 24.7%€132,759within the sector's middle half▲ 5.8%€88,707within the sector's middle half▼ 33.2%€60,742below the sector's middle half▼ 31.5%
Debt€43,131-€38,193▼ 11.4%€17,447▼ 54.3%€38,677▲ 122%€31,199▼ 19.3%€12,126▼ 61.1%€4,409▼ 63.6%
Working capital€22,300-€43,310within the sector's middle half▲ 94.2%€74,715within the sector's middle half▲ 72.5%€72,235within the sector's middle half▼ 3.3%€88,175within the sector's middle half▲ 22.1%€61,638within the sector's middle half▼ 30.1%€45,021within the sector's middle half▼ 27.0%
Solvency53.3%-62.8%within the sector's middle half▲ 9.5pp82.7%above the sector's middle half▲ 19.9pp69.2%above the sector's middle half▼ 13.5pp76.5%above the sector's middle half▲ 7.3pp86.3%above the sector's middle half▲ 9.8pp92.7%above the sector's middle half▲ 6.4pp
Current ratio1.55-2.13within the sector's middle half▲ 0.585.28above the sector's middle half▲ 3.152.87within the sector's middle half▼ 2.413.83above the sector's middle half▲ 0.966.08above the sector's middle half▲ 2.2611.21above the sector's middle half▲ 5.13
Return on assets (ROA)3.9%-14.8%within the sector's middle half▲ 10.9pp18.6%above the sector's middle half▲ 3.8pp2.9%within the sector's middle half▼ 15.7pp11.2%within the sector's middle half▲ 8.3pp-28.2%below the sector's middle half▼ 39.3pp-33.3%below the sector's middle half▼ 5.2pp
above within below the middle half of NACE 43, Specialised construction 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 €60,742
Fixed assets €11,312 ▼ 24.3%
Current assets €49,430 ▼ 33.0%
Equity and liabilities €60,742
Equity €56,333 ▼ 26.4%
Debt €4,409 ▼ 63.6%
Debt's share of the balance-sheet total falls from 13.7% to 7.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€16,767▲
2024 · -€21,162
Cash flow
-€16,617▲
2024 · -€21,169
Debt to equity
0.08▼
2024 · 0.16
ROE
-35.9%▼
2024 · -32.6%
Interest coverage
-28.07▲
2024 · -59.13
Debt ≤ 1 year
€4,409▼
2024 · €12,126
Income taxes
€434
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.2% still going

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

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 4,805 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€88,707€60,742▼
Fixed assets21/28€14,943€11,312▼
Tangible fixed assets22/27€14,943€11,312▼
Land and buildings22€4,969€4,275▼
Plant, machinery and equipment23€3,093€2,032▼
Furniture and vehicles24€5,657€3,976▼
Other tangible fixed assets26€1,224€1,029▼
Current assets29/58€73,764€49,430▼
Stocks and contracts in progress3€7,178-
Stocks30/36€7,178-
Amounts receivable within one year40/41€12,894€7,295▼
Trade receivables40€4,564€4,428▼
Other amounts receivable41€8,331€2,867▼
Cash at bank and in hand54/58€51,171€42,134▼
Deferred charges and accrued income490/1€2,520-
Equity and liabilities
Total equity and liabilities10/49€88,707€60,742▼
Equity10/15€76,581€56,333▼
Contributions10/11€6,200€6,200=
Reserves13€81,016€81,016=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€79,156€79,156=
Profit (loss) carried forward14-€10,634-€30,883▼
Amounts payable17/49€12,126€4,409▼
Amounts payable within one year42/48€12,126€4,409▼
Current portion of amounts payable after more than one year42€1,471-
Trade debts44€7,655€3,169▼
Suppliers440/4€7,655€3,169▼
Taxes, remuneration and social security45€2,300€541▼
Taxes450/3-€541
Remuneration and social security454/9€2,300-
Other amounts payable47/48€700€700=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,810€3,631▼
Other operating charges640/8€916€772▼
Gross operating margin9900-€20,246-€15,994▲
Operating profit (loss)9901-€24,972-€20,398▲
Financial income75/76B€351€1,181▲
Recurring financial income75€351€1,181▲
Financial charges65/66B€358€597▲
Recurring financial charges65€358€597▲
Profit (loss) for the period before taxes9903-€24,979-€19,814▲
Income taxes67/77-€434
Profit (loss) for the period9904-€24,979-€20,249▲
Profit (loss) for the period to be appropriated9905-€24,979-€20,249▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,634-€30,883▼
Profit (loss) brought forward from the previous period14P€14,345-€10,634▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,115€12,931€5,220€3,177€3,974€3,810€3,631▼ 4.7%
Other operating charges640/8---€960€1,082€916€772▼ 15.7%
Gross operating margin9900€21,481€36,917€35,124€10,868€26,654-€20,246-€15,994▲ 21.0%
Operating profit (loss)9901€6,302€22,832€29,188€6,730€21,598-€24,972-€20,398▲ 18.3%
Financial income75/76B---€4€79€351€1,181▲ 237%
Recurring financial income75€9€138€19€4€79€351€1,181▲ 237%
Financial charges65/66B---€855€520€358€597▲ 66.9%
Recurring financial charges65€761€888€769€855€520€358€597▲ 66.9%
Profit (loss) for the period before taxes9903€5,550€22,082€28,439€5,879€21,157-€24,979-€19,814▲ 20.7%
Income taxes67/77€1,967€6,901€9,755€2,248€6,354-€434-
Profit (loss) for the period9904€3,583€15,181€18,684€3,631€14,803-€24,979-€20,249▲ 18.9%
Profit (loss) for the period to be appropriated9905€3,583€15,181€18,684€3,631€14,803-€24,979-€20,249▲ 18.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€92,393€102,636€100,573€125,434€132,759€88,707€60,742▼ 31.5%
Fixed assets21/28€29,818€21,132€8,411€14,522€13,385€14,943€11,312▼ 24.3%
Tangible fixed assets22/27€29,818€21,132€8,411€14,522€13,385€14,943€11,312▼ 24.3%
Land and buildings22---€6,452€4,874€4,969€4,275▼ 14.0%
Plant, machinery and equipment23---€5,428€4,153€3,093€2,032▼ 34.3%
Furniture and vehicles24---€1,026€2,938€5,657€3,976▼ 29.7%
Other tangible fixed assets26---€1,616€1,420€1,224€1,029▼ 16.0%
Current assets29/58€62,575€81,503€92,162€110,912€119,374€73,764€49,430▼ 33.0%
Stocks and contracts in progress3-----€7,178--
Stocks30/36-----€7,178--
Amounts receivable within one year40/41€33,889€21,155€1,121€62,963€30,457€12,894€7,295▼ 43.4%
Trade receivables40---€32,186€798€4,564€4,428▼ 3.0%
Other amounts receivable41---€30,777€29,659€8,331€2,867▼ 65.6%
Cash at bank and in hand54/58€28,686€60,349€91,040€47,949€88,917€51,171€42,134▼ 17.7%
Deferred charges and accrued income490/1-----€2,520--
Equity and liabilities
Total equity and liabilities10/49€92,393€102,636€100,573€125,434€132,759€88,707€60,742▼ 31.5%
Equity10/15€49,262€64,442€83,126€86,757€101,560€76,581€56,333▼ 26.4%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Capital10---€6,200----
Issued capital100---€18,600----
Uncalled capital101---€12,400----
Reserves13€35,516€49,516€67,516€71,016€81,016€81,016€81,016=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Legal reserve130---€1,860----
Reserves not available under the articles1311----€1,860€1,860€1,860=
Distributable reserves133---€69,156€79,156€79,156€79,156=
Profit (loss) carried forward14€7,546€8,727€9,410€9,541€14,345-€10,634-€30,883▼ 190%
Amounts payable17/49€43,131€38,193€17,447€38,677€31,199€12,126€4,409▼ 63.6%
Amounts payable after more than one year17€2,857-------
Amounts payable within one year42/48€40,275€38,193€17,447€38,677€31,199€12,126€4,409▼ 63.6%
Current portion of amounts payable after more than one year42---€1,461€2,058€1,471--
Trade debts44€32,686€27,254€4,525€35,959€25,586€7,655€3,169▼ 58.6%
Suppliers440/4---€35,959€25,586€7,655€3,169▼ 58.6%
Taxes, remuneration and social security45----€2,854€2,300€541▼ 76.5%
Taxes450/3----€2,854-€541-
Remuneration and social security454/9-----€2,300--
Other amounts payable47/48---€1,256€700€700€700=
Line2019202020212022202320242025Change
Profit (loss) for the period9904€3,583€15,181€18,684€3,631€14,803-€24,979-€20,249▲ 18.9%
+ Depreciation and write-downs630€13,115€12,931€5,220€3,177€3,974€3,810€3,631▼ 4.7%
Operating cash flow (approximation)€16,698€28,112€23,904€6,808€18,778-€21,169-€16,617▲ 21.5%
Investment in fixed assets (approximation)--€4,245€7,501-€9,288-€2,837-€5,368€0-
Change in cash-€31,663€30,692-€43,091€40,968-€37,746-€9,037▲ 76.1%

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

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 23-03-2026 2026-00061628
30-09-2024 micro format 06-03-2025 2025-00044896
30-09-2023 micro format 06-03-2024 2024-00039663
30-09-2022 micro format 07-03-2023 2023-00036375
30-09-2021 micro format 28-03-2022 2022-09000055
30-09-2020 micro format 09-03-2021 2021-07300285
30-09-2019 micro format 06-03-2020 2020-06400193
30-09-2018 micro format 21-03-2019 2019-07400248
30-09-2017 micro format 29-03-2018 2018-08100190
30-09-2016 abbreviated format 12-04-2017 2017-09400329

Show all 14 filings

Similar companies · same sector, comparable size

Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,502. 8,786 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2024 · 2 entries · €340 awarded · €340 paid
Year Entries AwardedPaid
2024 1 €43€43
2022 1 €297€297
Schemes
2 entries · €340 · €340 paid · Fonds voor Innoveren en Ondernemen

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