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BE 0840.192.818Private limited companyOpen bankruptcy
JT Renovation
Verschansingstraat 40 ·2000 Antwerpen, Belgium· 14 yrs active
Sector: Algemene bouw van residentiële gebouwen
(41001)
Conclusion
A bankruptcy procedure is open for JT Renovation according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €412k and a net result of €196k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €412k |
| Net result | €196k |
| Staff (FTE) | 3.9 |
| Active | 14 yrs |
Financial profile
35
/ 100
Fragile profile, watch stability in particular.
All 5 axes are computed from data Checked has read.
Health
13
Profitability
47
Solvency
32
Growth
84
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
13
/ 100
Critical
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 12-09-2025 with the NBB · fiscal year 2024 · verkort
€17.35M
+15.6%
19-21
€321k
+171.1%
19-21
€196k
+207.1%
19-21
€248k
+140.2%
19-21
€1.89M
+4.2%
19-21
€412k
+90.6%
19-21
€175k
+1531.1%
19-21
4
+25.8%
19-21
Show 13 other metrics
€189k
-
19-21
€70k
+221.4%
19-21
€1.48M
-7.5%
19-21
€1.48M
-7.5%
19-21
1.12
+11.1%
19-21
0.86
-1.1%
19-21
21.8%
+82.9%
19-21
3.58
-
19-21
47.5%
+61.1%
19-21
10.4%
+194.7%
19-21
1.1%
+165.7%
19-21
1.9%
+134.5%
19-21
86.40
-
19-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Deposit | verkort |
| Revenue | €17.35M |
| EBITDA | €321k |
| Net profit | €196k |
| Cash flow | €248k |
| Staff costs | €189k |
| Income taxes | €70k |
| Dividends | - |
| Total assets | €1.89M |
| Equity | €412k |
| Debt | €1.48M |
| of which ≤ 1y | €1.48M |
| of which > 1y | - |
| Working capital | €175k |
| Employees (FTE) | 3.9 |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 0.86 |
| Working capital ratio | 9.3% |
| Solvency | 21.8% |
| Debt / equity | 3.58 |
| Long-term debt ratio | - |
| Interest coverage | 86.40 |
| Gross margin | 2.7% |
| Net margin | 1.1% |
| ROA | 10.4% |
| ROE | 47.5% |
| EBITDA margin | 1.9% |
| Days sales outstanding | 20d |
| Days payable outstanding | 30d |
| Inventory turnover | 44.12 |
| Days inventory (DSI) | 8d |
Balance-sheet composition 2021
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.89M |
| Fixed assets | 21/28 | €237k |
| Tangible fixed assets | 22/27 | €232k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €1.65M |
| Stocks & contracts in progress | 3 | €383k |
| Amounts receivable within one year | 40/41 | €1.22M |
| Cash & bank | 54/58 | €39k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.89M |
| Equity | 10/15 | €412k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €394k |
| Amounts payable | 17/49 | €1.48M |
| Amounts payable within one year | 42/48 | €1.48M |
| Trade debts payable within one year | 44 | €1.38M |
| Income statement | ||
| Turnover | 70 | €17.35M |
| Gross operating margin | 9900 | €574k |
| Operating result | 9901 | €269k |
| Financial income | 75 | €653 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €266k |
| Income taxes | 67/77 | €70k |
| Net result for the period | 9904 | €196k |
| Result to be appropriated | 9905 | €196k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
28-03-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 04-10-2011 |
| Status | Active |
| Postal code | 2000 |
| First BS signal | 04-04-2024 |
| Latest BS signal | 04-04-2024 |
Establishment units
JT RENOVATION
since 20112.204.593.333
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3672/00E003 | Flanders | 248 m² | 1 · 248 m² | 16.0 m · 4 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
12-09-2025
NBB filing
Annual accounts filed
2024
30-08-2024
NBB filing
Annual accounts filed
04-04-2024
Bankruptcy
Opening
2023
31-08-2023
NBB filing
Annual accounts filed
2022
28-09-2022
NBB filing
Annual accounts filed
2021
25-08-2021
NBB filing
Annual accounts filed
2020
18-08-2020
NBB filing
Annual accounts filed
2019
18-06-2019
NBB filing
Annual accounts filed
2018
25-07-2018
NBB filing
Annual accounts filed
2017
31-07-2017
NBB filing
Annual accounts filed
2016
04-08-2016
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
04-04-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201
Primary activity highlighted.
Names & trade names
| Legal nameFR | JT Renovation |
Registered office
Verschansingstraat 40 bus 1
2000 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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