JSA Construct
Annual accounts 2025
micro format, filed on 24-06-2026, 37 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €140,000 and €460,000.
Balance sheet
balance sheet total €128,687 on 31-12-2025in euro
Position in the sector
-4.7%
Higher than 10% of 9,452 companies in 2025.
0.87
Higher than 17% of 9,200 companies in 2025.
10.6%
Higher than 59% of 9,272 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€7,528
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, nobody joined and 1 person left. Training hours in 2025: 22.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
128,687 | 56,235 | 164,439 | 69,314 | 90,101 | |
21/28 |
26,740 | 10,196 | 21,293 | 30,888 | 4,328 | |
22/27 |
25,833 | 9,289 | 21,293 | 30,888 | 4,328 | |
23 |
5,458 | 8,458 | 11,458 | 14,458 | - | |
24 |
20,375 | 831 | 9,835 | 16,431 | 4,328 | |
28 |
908 | 908 | - | - | - | |
29/58 |
101,946 | 46,039 | 143,146 | 38,426 | 85,773 | |
40/41 |
91,274 | 45,524 | 103,068 | 28,665 | 8,679 | |
40 |
77,480 | 30,590 | 90,627 | 8,628 | - | |
41 |
13,795 | 14,934 | 12,441 | 20,036 | 8,679 | |
54/58 |
6,000 | - | 39,114 | 7,382 | 77,082 | |
490/1 |
4,672 | 515 | 964 | 2,379 | 12 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
128,687 | 56,235 | 164,439 | 69,314 | 90,101 | |
10/15 |
-6,019 | -19,653 | 36,988 | 31,635 | 17,699 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
14 |
-16,019 | -29,653 | 26,988 | 21,635 | 7,699 | |
17/49 |
134,706 | 75,889 | 127,451 | 37,680 | 72,402 | |
17 |
16,858 | - | 17,646 | 7,253 | - | |
170/4 |
16,858 | - | 17,646 | 7,253 | - | |
42/48 |
117,848 | 74,830 | 109,805 | 30,426 | 72,402 | |
42 |
3,267 | 17,646 | 19,607 | 4,936 | - | |
43 |
48,128 | 34,763 | - | - | - | |
430/8 |
48,128 | 34,763 | - | - | - | |
44 |
59,815 | 10,800 | 68,802 | 6,052 | 13,018 | |
440/4 |
59,815 | 10,800 | 68,802 | 6,052 | 13,018 | |
46 |
- | - | - | - | 50,000 | |
45 |
448 | 2,665 | 9,611 | 5,153 | 7,532 | |
450/3 |
- | 1,988 | 6,544 | 4,568 | 2,406 | |
454/9 |
448 | 677 | 3,067 | 585 | 5,126 | |
47/48 |
6,190 | 8,956 | 11,785 | 14,285 | 1,852 | |
492/3 |
- | 1,058 | - | - | - | |
| Income statement | ||||||
76A |
579 | - | - | - | - | |
9900 |
35,554 | -31,541 | 30,521 | 39,457 | 18,775 | |
62 |
7,528 | 9,442 | 9,122 | 5,543 | 1,936 | |
630 |
4,943 | 3,735 | 11,528 | 6,440 | 2,172 | |
640/8 |
2,109 | 1,701 | 1,176 | 816 | 1,274 | |
66A |
- | 5,615 | - | 504 | - | |
9901 |
20,974 | -52,034 | 8,695 | 26,154 | 13,394 | |
75/76B |
31 | 116 | 126 | 687 | 0 | |
75 |
31 | 116 | 126 | 687 | 0 | |
65/66B |
7,371 | 4,723 | 1,493 | 8,337 | 3,290 | |
65 |
7,371 | 4,723 | 1,493 | 8,337 | 3,290 | |
9903 |
13,634 | -56,641 | 7,328 | 18,504 | 10,105 | |
67/77 |
- | - | 1,975 | 4,568 | 2,406 | |
9904 |
13,634 | -56,641 | 5,353 | 13,936 | 7,699 | |
9905 |
13,634 | -56,641 | 5,353 | 13,936 | 7,699 | |
| Appropriation of the result | ||||||
9906 |
-16,019 | -29,653 | 26,988 | 21,635 | 7,699 | |
14P |
-29,653 | 26,988 | 21,635 | 7,699 | - | |
| Social balance sheet | ||||||
9087 |
1 | 1 | 1 | 1 | - | |
Hours worked1013 |
976 | 1,760 | 1,824 | 640 | - | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00195262 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00194196 | |
| 31-12-2023 | micro format | 24-09-2024 | 2024-00470805 | |
| 31-12-2022 | micro format | 17-08-2023 | 2023-00340431 | |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20322722 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 25,917 | -48,300 | 20,223 | 32,594 | 15,566 | ||
| 18,577 | -52,907 | 16,881 | 20,376 | 9,871 | ||
| 21,488 | 908 | 1,932 | 33,000 | 6,500 | ||
| - | - | 31,732 | -69,699 | - | ||
| -15,902 | -28,791 | 33,342 | 8,000 | 13,371 | ||
| -4.7% | -34.9% | 22.5% | 45.6% | 19.6% | ||
| 0.87 | 0.62 | 1.30 | 1.26 | 1.18 | ||
| - | - | 3.45 | 1.19 | 4.09 | ||
| - | - | 14.5% | 44.1% | 43.5% | ||
| 10.6% | -100.7% | 3.3% | 20.1% | 8.5% | ||
| 3.52 | -10.23 | 13.55 | 3.91 | 4.73 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 |
| full-time | - | 1 | 1 | 1 |
| part-time | 1 | - | - | - |
| in full-time equivalents | 0.5 | 1 | 1 | 1 |
| 0.5 | 1 | 1 | 1 | |
| On a permanent contract | 1 | - | - | - |
| Joined | 0 | 1 | - | - |
| Left | 1 | 1 | - | - |
| Training hours | 22 | - | - | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €21,488 | - | €1,932 | €33,000 | €6,500 |
| Financial fixed assets | - | €908 | - | - | - |
| €4,943 | €3,735 | €11,528 | €6,440 | €2,172 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on JSA Construct
The operating result for 2025 is a profit of €20,974, after a loss of €52,034 in 2024. It is the highest result since 2022.
Equity is negative. Debt (€134,706) exceeds the balance-sheet total (€128,687).