JT-Elektro
ActiveSummary
The computed 12-month bankruptcy probability of JT-Elektro is 1.9% (moderate). The 2025 annual accounts show equity of €50k and a net result of €26k. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.73 against 15.48 in 2024; short-term debt: 23.4% and cash: 37.5% of total assets), and 23.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.6%
Return on assets
40%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
31 d early
2023
35 d early
2022
21 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▼ 21.8%
2024 · €64k
2022: €71k
2023: €39k
2024: €64k
2022 → 2025
Total assets
€65k▼ 4.1%
2024 · €68k
2022: €112k
2023: €50k
2024: €68k
2022 → 2025
Net result
€26k▲ 3.2%
2024 · €25k
2022: €67k
2023: €-33k
2024: €25k
2022 → 2025
Working capital
€41k▼ 29.4%
2024 · €59k
2022: €59k
2023: €31k
2024: €59k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€71k-€39k▼ 45.9%€64k▲ 65.5%€50k▼ 21.8%
Operating result€85k-€-32k€28k€34k▲ 22.1%
Net result€67k-€-33k€25k€26k▲ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€8k ▲ 65.7%
Current assets
€57k ▼ 9.7%
Equity and liabilities €65k
Equity
€50k ▼ 21.8%
Debt
€15k ▲ 275%
Debt's share of the balance-sheet total rises from 6.0% to 23.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€36k▲
2024 · €31k
Cash flow
€29k▲
2024 · €29k
Current ratio
3.73▼
2024 · 15.48
Debt to equity
0.30▲
2024 · 0.06
ROE
52.2%▲
2024 · 39.6%
ROA
40.0%▲
2024 · 37.2%
Interest coverage
77.07▲
2024 · 32.06
Debt ≤ 1 year
€15k▲
2024 · €4k
Income taxes
€7k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€68k€65k▼
Fixed assets21/28€5k€8k▲
Tangible fixed assets22/27€5k€8k▲
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24€397€190▼
Other tangible fixed assets26-€4k
Current assets29/58€63k€57k▼
Amounts receivable within one year40/41€33k€32k▼
Trade receivables40€30k€30k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€30k€24k▼
Deferred charges and accrued income490/1€147€323▲
Equity and liabilities
Total equity and liabilities10/49€68k€65k▼
Equity10/15€64k€50k▼
Contributions10/11€4k€4k=
Reserves13€60k€46k▼
Distributable reserves133€60k€46k▼
Amounts payable17/49€4k€15k▲
Amounts payable within one year42/48€4k€15k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€835€6k▲
Taxes450/3€835€6k▲
Other amounts payable47/48-€6k
Income statement
Code20242025
Non-recurring operating income76A-€100
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€8k€1k▼
Non-recurring operating charges66A-€758
Gross operating margin9900€39k€38k▼
Operating profit (loss)9901€28k€34k▲
Financial income75/76B€38€17▼
Recurring financial income75€38€17▼
Financial charges65/66B€966€472▼
Recurring financial charges65€966€472▼
Profit (loss) for the period before taxes9903€27k€33k▲
Income taxes67/77€1k€7k▲
Profit (loss) for the period9904€25k€26k▲
Profit (loss) for the period to be appropriated9905€25k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€26k▲
Transfer from equity791/2-€40k
Transfer to equity691/2€25k€26k▲
To other reserves6921€25k€26k▲
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 15.48
Current ratio from 3.82 to 15.48; short-term debt falls from €11k to €4k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-33k ▼149%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Geel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Molderbeemdendijk 422440 GeelGround area
450 m²
Building footprint
132 m²
Volume, LiDAR
584 m³
Parcel 13374F0363/00T000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JT-Elektro
since 20212.313.110.203
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374F0363/00T000 | Flanders | 450 m² | 1 · 132 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HUIS VAN DEN BOSSCHE
BE 0866.153.580
Eeklo · Eq €49,897
CO-NO
BE 0784.236.288
Hannut · Eq €49,920
Guillaume Dumont S.R.L.
BE 1002.866.568
Sprimont · Eq €49,941
FRASCATI
BE 0673.665.097
Tongeren-Borgloon · Eq €49,944
DX ELECTRO
BE 0461.745.932
Deinze · Eq €49,868
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,572 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
46130Agents in the wholesale of timber and building materials
47521Retail sale of hardware, building materials, paint and glass (general range)
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.