Turnover
≈ €440,000 estimated
The micro format states no turnover.
JSFconstruct
Lifetime
1 annual account with figurespeak €88,014 (2025)
€88,014
peak €57,969 (2025)
€57,969
peak €62,969 (2025)
€62,969
€61,455
Board2 names since 2024
2 directorsFICHERA Carmela Sylvana Franco and 1 other
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Position in the sector
€57,969
Higher net result than 88% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
90
Excellent
Financially stronger than 75% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 1.9%
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 2.4%▲ +0.5 percentage points vs 12-2025
02-2026: 2.7%▲ +0.3 percentage points vs 01-2026
03-2026: 2.7%● unchanged vs 02-2026
04-2026: 3.0%▲ +0.3 percentage points vs 03-2026
05-2026: 3.0%● unchanged vs 04-2026highest value
06-2026: 2.9%▼ -0.1 percentage points vs 05-2026
07-2026: 0.2%▼ -2.7 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.85, cash €80,279
Equity €62,969 (50.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 55% of them on solvency, 78% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as JSFconstruct has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JSFconstruct itself is lower: 0.3% within 12 months. It rests on far more data about JSFconstruct than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for JSFconstruct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85, above the usual 1.5. Short-term debt is 42% and cash 64.5% of total assets. 49.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
42 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- SAUVENIER Jeremy Michel Albert Constant Ghislain 75 sharesdeed of 09-09-2024
- FICHERA Carmela Sylvana Franco 25 sharesdeed of 09-09-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013206867
Incorporation
Founding capital of €5,000, 100 shares · Founders: SAUVENIER Jeremy Michel Albert Constant Ghislain and FICHERA Carmela Sylvana Franco · Appointments: SAUVENIER Jeremy Michel Albert Constant Ghislain (director) and FICHERA Carmela Sylvana Franco (director) · published on 09-09-2024 · Gazette deed
First establishment
Rue de Burdinne 15, Wasseiges
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JSFconstruct Wasseiges | €124,424 | €88,014 | 50.6% | - |
| ALPI GROUP Mons | €144,700 | €86,074 | 40.5% | - |
| JD-BOUW Torhout | €118,343 | €84,924 | 41.3% | - |
| GERARD CONSTRUCT Bassenge | €105,382 | €111,043 | 19.8% | - |
| HOME CONCEPTS CONSTRUCTION Clavier | €95,178 | €81,162 | 61.1% | - |
| HD Bouw Retie | €120,366 | €94,730 | 99.1% | - |
| NI.CO Gavere | €165,861 | €100,807 | 46.7% | - |
These companies have the same main activity as JSFconstruct: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €95,200 and €166,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 05-09-2024Normal situation
- Activity
- Bricklaying and masonry workNACE 43910and 5 others
- Establishment unit
- 2.363.322.2524219 Wasseiges, since 05-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-10-2025
Annual accounts 2025
- €124,424
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on JSFconstruct
JSFconstruct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,969 and a net result of €57,969.
Its solvency ranks better than 54% of 35,156 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JSFconstruct
- What is the company number of JSFconstruct?
- The company number of JSFconstruct is 1013.206.867. The VAT number is the same number with BE in front: BE 1013.206.867.
- Where is JSFconstruct based?
- The registered office is at Rue de Burdinne 15, 4219 Wasseiges.Company details
- What does JSFconstruct do?
- According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
- What is the legal form of JSFconstruct?
- JSFconstruct is a private limited company (BV).
- When was JSFconstruct founded?
- JSFconstruct was founded on 05-09-2024.
- Is JSFconstruct still active?
- Yes, JSFconstruct is an active enterprise in the KBO register.
- What is the turnover of JSFconstruct?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €88,014 and 77 comparable companies (NACE 439). It probably lies between €340,000 and €790,000.Financials
- Is JSFconstruct profitable?
- In financial year 2025, JSFconstruct made a profit of €57,969.
- Where can I find the annual accounts of JSFconstruct?
- JSFconstruct filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.