JSA Construct

Active

Private limited companyfounded 20205 yrs activeRue des Moulins(LEV) 14, 7134 Binche, BelgiumKBO/BCE: BE 0755.565.266

The computed 12-month bankruptcy probability of JSA Construct is 4.7% (elevated). The 2024 annual accounts show negative equity (€-20k) and a net result of €-57k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9981 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

13 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-73

Solvency0▼-47

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

4.7% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.62 against 1.3 in 2023; short-term debt: 133.1% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-34.9%

Return on assets

-100.7%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

21222324

2021 to 2024 · latest year €-20k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

55 d late

2022

17 d late

2021

24 d late

← before the deadline after the deadline →

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 2024, micro schema

Equity

€-20k

2023 · €37k

2021: €18k 2022: €32k 2023: €37k

2021 → 2024

Total assets

€56k▼ 65.8%

2023 · €164k

2021: €90k 2022: €69k 2023: €164k

2021 → 2024

Net result

€-57k

2023 · €5k

2021: €8k 2022: €14k 2023: €5k

2021 → 2024

Working capital

€-29k

2023 · €33k

2021: €13k 2022: €8k 2023: €33k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€18k-€32k▲ 78.7%€37k▲ 16.9%€-20k

Operating result€13k-€26k▲ 95.3%€9k▼ 66.8%€-52k

Net result€8k-€14k▲ 81.0%€5k▼ 61.6%€-57k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €52k after €9k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €56k

18.1%

81.9%

Fixed assets €10k▼ 52.1%

Current assets €46k▼ 67.8%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-48k▼

2023 · €20k

Cash flow

€-53k▼

2023 · €17k

Solvency

-34.9%▼

2023 · 22.5%

Current ratio

0.62▼

2023 · 1.30

Quick ratio

0.62▼

2023 · 1.30

Debt / equity

-3.86▼

2023 · 3.45

ROA

-100.7%▼

2023 · 3.3%

Interest coverage

-10.23▼

2023 · 13.55

Debt

€76k▼

2023 · €127k

Debt ≤ 1 year

€75k▼

2023 · €110k

Staff costs

€9k▲

2023 · €9k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€164k€56k▼

Fixed assets21/28€21k€10k▼

Tangible fixed assets22/27€21k€9k▼

Plant, machinery and equipment23€11k€8k▼

Furniture and vehicles24€10k€831▼

Financial fixed assets28-€908

Current assets29/58€143k€46k▼

Amounts receivable within one year40/41€103k€46k▼

Trade receivables40€91k€31k▼

Other amounts receivable41€12k€15k▲

Cash at bank and in hand54/58€39k-

Deferred charges and accrued income490/1€964€515▼

Equity and liabilities

Total equity and liabilities10/49€164k€56k▼

Equity10/15€37k€-20k▼

Contributions10/11€10k€10k=

Profit (loss) carried forward14€27k€-30k▼

Amounts payable17/49€127k€76k▼

Amounts payable after more than one year17€18k-

Financial debts170/4€18k-

Amounts payable within one year42/48€110k€75k▼

Current portion of amounts payable after more than one year42€20k€18k▼

Financial debts43-€35k

Credit institutions430/8-€35k

Trade debts44€69k€11k▼

Suppliers440/4€69k€11k▼

Taxes, remuneration and social security45€10k€3k▼

Taxes450/3€7k€2k▼

Remuneration and social security454/9€3k€677▼

Other amounts payable47/48€12k€9k▼

Accrued charges and deferred income492/3-€1k

Income statement Code20232024

Remuneration, social security and pensions62€9k€9k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€4k▼

Other operating charges640/8€1k€2k▲

Non-recurring operating charges66A-€6k

Gross operating margin9900€31k€-32k▼

Operating profit (loss)9901€9k€-52k▼

Financial income75/76B€126€116▼

Recurring financial income75€126€116▼

Financial charges65/66B€1k€5k▲

Recurring financial charges65€1k€5k▲

Profit (loss) for the period before taxes9903€7k€-57k▼

Income taxes67/77€2k-

Profit (loss) for the period9904€5k€-57k▼

Profit (loss) for the period to be appropriated9905€5k€-57k▼

Appropriation of the result

Profit (loss) to be appropriated9906€27k€-30k▼

Profit (loss) brought forward from the previous period14P€22k€27k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-57k ▼1158%

Net result drops to €-57k, the lowest in the series.

24-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 55 days late

2023

17-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 17 days late

2022

31-12

Financial Highest result since 2021net €14k ▲81%

Operating result €26k, net result €14k, both a record.

24-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 24 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 4 acts read

About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has 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 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

10-11-2025 ARNOULD Sébastien: Resigned as Director

20-06-2025 Sulyvan BEUBLET: Resigned as Director

20-06-2025 Sulyvan BEUBLET: Resigned as Managing director

Not every act has been read: a resignation may be missing here

4 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, Binche · 1 establishment unit since 2020

seat establishment The establishment unit on the map

Ground area

531 m²

Building footprint

153 m²

Volume, LiDAR

930 m³

Parcel 56043B0692/00A002, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

JSA Construct