Equity
€87,292 ▲ 20.2%
JTF CONSTRUCT has made a profit without a break since 2019.
JTF CONSTRUCT
Lifetime
13 annual accounts with figures on one time axispeak €71,175 (2019)
€42,285▲ 35.9%
lowest -€3,148 (2018)
€14,688▲ 57.0%
peak €87,292 (2025)
€87,292▲ 20.2%
€108,636▼ 23.8%
peak 0.5 FTE (2014)
-not published
Board2 names since 2012
2 directors and 1 other
Documentsfilings and deeds
30-03-202631 days before the deadline
2025micro format
Gross margin from €31,106 to €42,285Result from €9,357 to €14,688Equity from €72,604 to €87,292Debts from €142,562 to €108,636Cash from €6,493 to €43,037
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as JTF CONSTRUCT has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,691 companies, not a prediction for JTF CONSTRUCT. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0845778830
Amendment of the articles · Legal-form change
Director in office: (director (not named in the articles)) · Director in office: (director (not named in the articles)) · General meeting of 28-11-2023 · Gazette deed
Incorporation
published on 21-05-2012 · Gazette deed
First establishment
Vladslostraat 34, Kortemark
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JTF CONSTRUCT Kortemark | €195,929 | €42,285 | 44.6% | - |
| BOGAERT & C° Kapellen | €206,114 | €40,790 | 63.1% | - |
| BeConstruction Mons | €206,893 | €39,397 | 31.0% | - |
| V & V Works Lommel | €213,808 | €44,548 | 95.5% | - |
| ACARENOV Drogenbos | €191,097 | €46,169 | 45.2% | - |
| NICKA Herent | €195,072 | €48,588 | 79.5% | - |
| BELGAHAUS Ghent | €172,968 | €42,168 | 29.2% | - |
These companies have the same main activity as JTF CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €173,000 and €214,000, founded between 2011 and 2013.
Official details
Source: KBO- Status
- Active since 08-05-2012Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.209.730.5718610 Kortemark, since 08-05-2012
- Financial year end
- 30 September
- Peppol
- Reachable since 17-12-2025
Annual accounts to 30-09-2025
- €195,929▼ 8.9%
- Filing
- Filed on 30-03-2026, 31 days before the end of the filing period
Insights on JTF CONSTRUCT
JTF CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €33,509 in 2013 to €42,285 in 2025.
The balance sheet grew most from 2014 to 2015 through fixed assets.
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 JTF CONSTRUCT
- What is the company number of JTF CONSTRUCT?
- The company number of JTF CONSTRUCT is 0845.778.830. The VAT number is the same number with BE in front: BE 0845.778.830.
- Where is JTF CONSTRUCT based?
- The registered office is at Vladslostraat 34, 8610 Kortemark.Company details
- What does JTF CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of JTF CONSTRUCT?
- JTF CONSTRUCT is a private limited company (BV).
- When was JTF CONSTRUCT founded?
- JTF CONSTRUCT was founded on 08-05-2012.
- Is JTF CONSTRUCT still active?
- Yes, JTF CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of JTF CONSTRUCT?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €42,285 and 164 comparable companies (NACE 41001). It probably lies between €160,000 and €530,000.Financials
- Is JTF CONSTRUCT profitable?
- In financial year 2025, JTF CONSTRUCT made a profit of €14,688.
- Where can I find the annual accounts of JTF CONSTRUCT?
- JTF CONSTRUCT filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JTF CONSTRUCT due?
- JTF CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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
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