JST CONSTRUCT
ActiveSummary
JST CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,728 and a net result of -€5,214. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 7524 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-28
Solvency100▲+44
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 5.22 against 1.35 in 2024; short-term debt: 16.6% and cash: 35.8% of total assets), and 16.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
83.1%
Return on assets
-9.1%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,214
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
7 d late
2024
6 d late
2023
32 d late
2022
52 d late
2021
61 d late
2020
30 d late
2019
132 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
€62,637
EBIT margin
8.5%
Net result
-€5,214▲ 7.0%
2024 · -€5,609
Working capital
€40,183▼ 2.9%
2024 · €41,394
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€9,286▲ 74.0%€62,426▲ 572%€756▼ 98.8%-€260-€3,659▼ 1,309%
Net result€8,248▲ 230%€44,828▲ 444%€971▼ 97.8%-€5,609-€5,214▲ 7.0%
EBIT margin
Equity€12,751▲ 21.4%€57,580▲ 352%€58,551▲ 1.7%€52,942▼ 9.6%€47,728▼ 9.8%
Total assets€45,842▲ 204%€94,299▲ 106%€116,822▲ 23.9%€172,973▲ 48.1%€57,426▼ 66.8%
Debt€33,090▲ 620%€36,719▲ 11.0%€58,271▲ 58.7%€120,031▲ 106%€9,698▼ 91.9%
Working capital€8,165▲ 0.4%€53,294▲ 553%€45,825▼ 14.0%€41,394▼ 9.7%€40,183▼ 2.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,659 in 2025 against €260 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,426
Fixed assets
€7,725 ▼ 46.7%
Current assets
€49,701 ▼ 68.6%
Equity and liabilities €57,426
Equity
€47,728 ▼ 9.8%
Debt
€9,698 ▼ 91.9%
Debt's share of the balance-sheet total falls from 69.4% to 16.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,118▼
2024 · €7,349
Cash flow
€1,563▼
2024 · €2,000
Current ratio
5.22▲
2024 · 1.35
Quick ratio
3.83▲
2024 · 1.34
Debt to equity
0.20▼
2024 · 2.27
ROE
-10.9%▼
2024 · -10.6%
ROA
-9.1%▼
2024 · -3.2%
Interest coverage
3.50▼
2024 · 6.58
Debt ≤ 1 year
€9,518▼
2024 · €117,076
Income taxes
€697▼
2024 · €6,151
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,018 | €2,444 | €3,581 | €7,609 | €6,777 | ▼ 10.9% |
| Other operating charges640/8 | €834 | €1,184 | €1,260 | €2,051 | €1,505 | ▼ 26.7% |
| Gross operating margin9900 | €12,138 | €66,053 | €5,597 | €9,401 | €4,623 | ▼ 50.8% |
| Operating profit (loss)9901 | €9,286 | €62,426 | €756 | -€260 | -€3,659 | ▼ 1,309% |
| Financial income75/76B | - | - | €1,581 | €1,919 | €34 | ▼ 98.2% |
| Recurring financial income75 | - | - | €1,581 | €1,919 | €34 | ▼ 98.2% |
| Financial charges65/66B | €184 | €244 | €541 | €1,117 | €891 | ▼ 20.2% |
| Recurring financial charges65 | €184 | €244 | €541 | €1,117 | €891 | ▼ 20.2% |
| Profit (loss) for the period before taxes9903 | €9,101 | €62,182 | €1,796 | €542 | -€4,516 | ▼ 934% |
| Income taxes67/77 | €854 | €17,354 | €825 | €6,151 | €697 | ▼ 88.7% |
| Profit (loss) for the period9904 | €8,248 | €44,828 | €971 | -€5,609 | -€5,214 | ▲ 7.0% |
| Profit (loss) for the period to be appropriated9905 | €8,248 | €44,828 | €971 | -€5,609 | -€5,214 | ▲ 7.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,842 | €94,299 | €116,822 | €172,973 | €57,426 | ▼ 66.8% |
| Fixed assets21/28 | €4,586 | €4,308 | €17,050 | €14,502 | €7,725 | ▼ 46.7% |
| Tangible fixed assets22/27 | €4,466 | €4,188 | €16,930 | €14,502 | €7,725 | ▼ 46.7% |
| Plant, machinery and equipment23 | €3,966 | €4,188 | €2,289 | €8,143 | €5,032 | ▼ 38.2% |
| Furniture and vehicles24 | €500 | - | €14,641 | €6,359 | €2,693 | ▼ 57.7% |
| Financial fixed assets28 | €120 | €120 | €120 | - | - | - |
| Current assets29/58 | €41,256 | €89,991 | €99,772 | €158,471 | €49,701 | ▼ 68.6% |
| Stocks and contracts in progress3 | €1,218 | - | €21,022 | €1,916 | €13,246 | ▲ 591% |
| Stocks30/36 | €1,218 | - | €6,022 | €1,916 | €3,246 | ▲ 69.4% |
| Contracts in progress37 | - | - | €15,000 | - | €10,000 | - |
| Amounts receivable within one year40/41 | €3,709 | €23,594 | €29,220 | €129,606 | €15,421 | ▼ 88.1% |
| Trade receivables40 | €817 | €21,490 | €23,231 | €121,706 | €8,563 | ▼ 93.0% |
| Other amounts receivable41 | €2,891 | €2,104 | €5,989 | €7,899 | €6,858 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €36,283 | €64,978 | €48,249 | €25,599 | €20,534 | ▼ 19.8% |
| Deferred charges and accrued income490/1 | €45 | €1,420 | €1,280 | €1,350 | €500 | ▼ 62.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,842 | €94,299 | €116,822 | €172,973 | €57,426 | ▼ 66.8% |
| Equity10/15 | €12,751 | €57,580 | €58,551 | €52,942 | €47,728 | ▼ 9.8% |
| Contributions10/11 | €1,000 | €1,000 | €20,460 | €1,000 | €1,000 | = |
| Capital10 | €1,000 | €1,000 | - | - | - | - |
| Issued capital100 | €1,000 | €1,000 | - | - | - | - |
| Outside capital11 | - | - | €20,460 | - | - | - |
| Share premium1100/10 | - | - | €20,460 | - | - | - |
| Reserves13 | €6,116 | €49,460 | €30,000 | €49,460 | €49,460 | = |
| Non-distributable reserves130/1 | €6,116 | €19,460 | - | €19,460 | €19,460 | = |
| Legal reserve130 | €6,116 | €19,460 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €19,460 | €19,460 | = |
| Distributable reserves133 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €5,635 | €7,120 | €8,091 | €2,482 | -€2,732 | ▼ 210% |
| Amounts payable17/49 | €33,090 | €36,719 | €58,271 | €120,031 | €9,698 | ▼ 91.9% |
| Amounts payable after more than one year17 | - | - | €4,324 | €2,955 | - | - |
| Financial debts170/4 | - | - | €4,324 | €2,955 | - | - |
| Amounts payable within one year42/48 | €33,090 | €36,698 | €53,947 | €117,076 | €9,518 | ▼ 91.9% |
| Current portion of amounts payable after more than one year42 | - | - | €5,839 | €3,722 | €2,955 | ▼ 20.6% |
| Trade debts44 | €7,904 | €7,570 | €16,501 | €97,041 | €4,004 | ▼ 95.9% |
| Suppliers440/4 | €7,904 | €7,570 | €16,501 | €97,041 | €4,004 | ▼ 95.9% |
| Advances received on contracts in progress46 | €19,186 | €8,613 | €15,107 | €13,486 | - | - |
| Taxes, remuneration and social security45 | - | €16,500 | €16,500 | €2,828 | €2,559 | ▼ 9.5% |
| Taxes450/3 | - | €16,500 | €16,500 | €2,828 | €2,559 | ▼ 9.5% |
| Other amounts payable47/48 | €6,000 | €4,015 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €22 | - | - | €180 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,248 | €44,828 | €971 | -€5,609 | -€5,214 | ▲ 7.0% |
| + Depreciation and write-downs630 | €2,018 | €2,444 | €3,581 | €7,609 | €6,777 | ▼ 10.9% |
| Operating cash flow (approximation) | €10,265 | €47,272 | €4,552 | €2,000 | €1,563 | ▼ 21.8% |
| Investment in fixed assets (approximation) | - | -€2,165 | -€16,323 | -€5,062 | €0 | ▲ 100% |
| Change in cash | - | €28,695 | -€16,729 | -€22,650 | -€5,066 | ▲ 77.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 5.22
Current ratio from 1.35 to 5.22; short-term debt falls from €117,076 to €9,518.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Weakest financial yearnet -€5,609
Net result drops to -€5,609, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 32 days late
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-12
Financial
Highest result since 2018net €44,828 ▲444%
Operating result €62,426, net result €44,828, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €2,497
Net result €2,497 after one loss-making year.
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 132 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genappe · 1 establishment unit since 2018
Ground area
7,478 m²
Building footprint
177 m²
Volume, LiDAR
1,503 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
JST CONSTRUCT
since 20182.280.886.209
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0122/00R004 | Wallonia | 7,285 m² | 1 · 26 m² | 6.0 m · 2 fl. |
| 25013C0116/02K002 | Wallonia | 193 m² | 1 · 151 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 13,036 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43422Screed work
43910Bricklaying and masonry work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.