Equity
JTF CONSTRUCT has made a profit without a break since 2019.
In July 2024, 34,691 companies had the same profile as JTF CONSTRUCT has now. Each dot stands for 87 companies, two years later.
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.
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.
| 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.
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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €160,000 and €530,000.
Higher than 52% of 10,152 companies in 2025.
Higher than 54% of 9,863 companies in 2025.
Higher than 52% of 9,951 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
195,929 | 215,166 | 172,485 | 189,770 | 121,758 | 135,084 | 92,234 | 88,129 | 112,620 | 156,253 | 179,449 | 155,136 | 92,706 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | 188 | 511 | |
21/28 |
9,815 | 16,257 | 24,891 | 27,101 | 8,778 | 4,377 | 3,588 | 18,802 | 33,265 | 70,891 | 105,987 | 106,110 | 48,794 | |
22/27 |
7,637 | 14,079 | 22,713 | 24,923 | 6,600 | 2,199 | 1,410 | 16,624 | 31,087 | 68,713 | 103,809 | 105,922 | 48,283 | |
23 |
5,549 | 7,032 | 10,707 | 12,732 | 6,187 | 1,373 | 170 | 1,638 | 3,976 | 9,168 | 15,568 | 15,643 | 16,482 | |
24 |
2,088 | 7,047 | 12,006 | 12,192 | 413 | 826 | 1,240 | 1,653 | 444 | 16,488 | 26,612 | 10,076 | 13,025 | |
28 |
2,178 | 2,178 | 2,178 | 2,178 | 2,178 | 2,178 | 2,178 | 2,178 | 2,178 | 2,178 | 2,178 | - | - | |
29/58 |
186,114 | 198,909 | 147,595 | 162,669 | 112,980 | 130,707 | 88,646 | 69,326 | 79,356 | 85,362 | 73,461 | 49,026 | 43,912 | |
3 |
- | 17,654 | 29,536 | 33,157 | - | - | - | - | - | - | 2,898 | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | 2,898 | - | - | |
37 |
- | 17,654 | 29,536 | 33,157 | - | - | - | - | - | - | - | - | - | |
40/41 |
142,602 | 172,942 | 94,167 | 104,874 | 108,595 | 118,581 | 67,802 | 57,716 | 77,261 | 40,832 | 21,941 | 36,139 | 34,358 | |
40 |
107,186 | 147,667 | 65,322 | 81,553 | 59,576 | 72,001 | 35,731 | 23,389 | 25,501 | 21,758 | 16,484 | 27,761 | 30,284 | |
41 |
35,416 | 25,274 | 28,845 | 23,321 | 49,019 | 46,581 | 32,071 | 34,328 | 51,760 | 19,073 | 5,457 | 8,378 | 4,075 | |
54/58 |
43,037 | 6,493 | 23,253 | 22,363 | 3,516 | 11,982 | 20,730 | 10,473 | 961 | 43,284 | 47,488 | 12,887 | 9,554 | |
490/1 |
474 | 1,821 | 638 | 2,274 | 869 | 144 | 113 | 1,137 | 1,134 | 1,247 | 1,134 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
195,929 | 215,166 | 172,485 | 189,770 | 121,758 | 135,084 | 92,234 | 88,129 | 112,620 | 156,253 | 179,449 | 155,136 | 92,706 | |
10/15 |
87,292 | 72,604 | 63,247 | 63,217 | 62,148 | 53,245 | 26,225 | 7,561 | 10,709 | 10,463 | 9,604 | 10,460 | 10,220 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | 8,600 | |
13 |
76,193 | 61,505 | 52,148 | 52,148 | 52,148 | 1,860 | 1,860 | 709 | 709 | 463 | 460 | 460 | 220 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 709 | 709 | 463 | 460 | 460 | 220 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
133 |
76,193 | 61,505 | 52,148 | 50,288 | 50,288 | - | - | - | - | - | - | - | - | |
14 |
1,099 | 1,099 | 1,099 | 1,069 | - | 41,385 | 14,365 | -3,148 | - | - | -855 | - | - | |
17/49 |
108,636 | 142,562 | 109,238 | 126,553 | 59,610 | 81,840 | 66,009 | 80,568 | 101,911 | 145,790 | 169,844 | 144,676 | 82,486 | |
17 |
- | - | 946 | 1,239 | - | - | - | 4,111 | 17,083 | 39,780 | 68,954 | 76,489 | 32,079 | |
170/4 |
- | - | 946 | 1,239 | - | - | - | 4,111 | 17,083 | 39,780 | 68,954 | 76,489 | 32,079 | |
42/48 |
100,745 | 138,800 | 108,292 | 125,314 | 59,610 | 81,230 | 66,009 | 76,457 | 84,828 | 106,010 | 100,891 | 68,187 | 48,606 | |
42 |
- | 946 | 3,446 | 7,384 | - | - | 5,992 | 12,972 | 22,697 | 29,173 | 28,973 | 20,434 | 8,784 | |
44 |
34,201 | 77,439 | 68,751 | 72,340 | 30,675 | 54,811 | 42,198 | 61,884 | 60,653 | 74,932 | 64,636 | 32,747 | 15,464 | |
440/4 |
34,201 | 77,439 | 68,751 | 72,340 | 30,675 | 54,811 | 42,198 | 61,884 | 60,653 | 74,932 | 64,636 | 32,747 | 15,464 | |
46 |
16,327 | 16,327 | - | 16,188 | - | - | 914 | 1,549 | 914 | 914 | - | - | - | |
45 |
11,993 | 6,953 | 2,399 | 2,453 | 3,813 | 19,837 | 4,939 | 52 | 565 | 991 | 327 | 1,759 | 1,949 | |
450/3 |
11,837 | 6,953 | 2,399 | 2,453 | 3,813 | 19,837 | 4,939 | 52 | 565 | 991 | 327 | 1,759 | 1,737 | |
454/9 |
155 | - | - | - | - | - | - | - | - | - | - | - | 212 | |
47/48 |
38,224 | 37,135 | 33,696 | 26,949 | 25,123 | 6,582 | 11,966 | - | - | - | 6,955 | 13,247 | 22,410 | |
492/3 |
7,891 | 3,762 | - | - | - | 610 | - | - | - | - | - | - | 1,800 | |
| Income statement | ||||||||||||||
9900 |
42,285 | 31,106 | 12,990 | 15,821 | 15,600 | 49,253 | 71,175 | 33,267 | 38,223 | 47,105 | 50,545 | 53,043 | 33,509 | |
62 |
- | - | - | - | - | - | - | 390 | 420 | 1,476 | 1,516 | 14,975 | 7,589 | |
630 |
9,793 | 8,634 | 8,186 | 6,918 | 1,991 | 708 | 15,215 | 16,528 | 23,232 | 32,721 | 35,020 | 28,312 | 19,545 | |
640/8 |
2,331 | 2,462 | 1,462 | 1,821 | 1,279 | 3,638 | 1,509 | 7,821 | 2,236 | 1,369 | 4,698 | 980 | 2,641 | |
9901 |
30,160 | 20,010 | 3,342 | 7,082 | 12,330 | 44,907 | 54,452 | 8,527 | 12,335 | 11,538 | 9,310 | 8,776 | 3,734 | |
75/76B |
454 | 169 | 414 | 488 | 1,562 | 404 | 0 | 357 | 9 | - | 225 | 480 | 28 | |
75 |
454 | 169 | 414 | 488 | 1,562 | 404 | 0 | 357 | 9 | - | 225 | 480 | 28 | |
65/66B |
5,914 | 4,855 | 1,991 | 5,205 | 1,328 | 5,262 | 2,878 | 12,032 | 11,933 | 10,069 | 10,335 | 8,086 | 2,342 | |
65 |
5,914 | 4,855 | 1,991 | 5,205 | 1,328 | 5,262 | 2,878 | 12,032 | 11,933 | 10,069 | 10,335 | 8,086 | 2,342 | |
9903 |
24,700 | 15,324 | 1,765 | 2,365 | 12,563 | 40,048 | 51,574 | -3,148 | 411 | 1,469 | -799 | 1,170 | 1,420 | |
67/77 |
10,012 | 5,968 | 1,735 | 1,296 | 3,672 | 13,028 | 4,910 | - | 165 | 610 | 56 | 930 | 1,200 | |
9904 |
14,688 | 9,357 | 30 | 1,069 | 8,891 | 27,020 | 46,664 | -3,148 | 246 | 858 | -855 | 240 | 220 | |
9905 |
14,688 | 9,357 | 30 | 1,069 | 8,891 | 27,020 | 46,664 | -3,148 | 246 | 858 | -855 | 240 | 220 | |
| Appropriation of the result | ||||||||||||||
9906 |
15,788 | 10,456 | 1,099 | 1,069 | 50,288 | 41,385 | 43,516 | -3,148 | 246 | 3 | -855 | 240 | 220 | |
14P |
1,099 | 1,099 | 1,069 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
14,688 | 9,357 | - | - | 50,288 | - | 1,151 | - | 246 | 3 | - | 240 | 220 | |
6920 |
- | - | - | - | - | - | 1,151 | - | 246 | 3 | - | 240 | 220 | |
6921 |
14,688 | 9,357 | - | - | 50,288 | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | 28,000 | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | 28,000 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | 0.5 | 0.2 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | 920 | 432 | |
| Document | ||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-03-2026 | 2026-00070656 | |
| 30-09-2024 | micro format | 01-04-2025 | 2025-00066144 | |
| 30-09-2023 | micro format | 25-03-2024 | 2024-00051218 | |
| 30-09-2022 | micro format | 29-03-2023 | 2023-00053907 | |
| 30-09-2021 | micro format | 23-03-2022 | 2022-08700348 | |
| 30-09-2020 | micro format | 13-04-2021 | 2021-10300354 | |
| 30-09-2019 | micro format | 21-07-2020 | 2020-33900565 | |
| 30-09-2018 | micro format | 13-05-2019 | 2019-13100028 | |
| 30-09-2017 | micro format | 30-03-2018 | 2018-09000058 | |
| 30-09-2016 | abbreviated format | 15-03-2017 | 2017-06600116 | |
| 30-09-2015 | abbreviated format | 25-03-2016 | 2016-07800084 | |
| 30-09-2014 | abbreviated format | 31-03-2015 | 2015-08700304 | |
| 30-09-2013 | abbreviated format | 25-03-2014 | 2014-07300097 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39,954 | 28,644 | 11,528 | 14,000 | 14,321 | 45,615 | 69,666 | 25,055 | 35,567 | 44,259 | 44,331 | 37,088 | 23,279 | ||
| 24,482 | 17,991 | 8,216 | 7,987 | 10,882 | 27,728 | 61,879 | 13,380 | 23,479 | 33,580 | 34,165 | 28,552 | 19,765 | ||
| 3,352 | 0 | 5,975 | 25,242 | 6,392 | 1,498 | 0 | 2,066 | -14,394 | 1,667 | 34,897 | 85,629 | 67,372 | ||
| 36,544 | -16,760 | 891 | 18,847 | -8,466 | -8,748 | 10,257 | 9,512 | -42,323 | -4,204 | 34,601 | 3,333 | - | ||
| 85,369 | 60,109 | 39,303 | 37,355 | 53,370 | 49,478 | 22,637 | -7,131 | -5,473 | -20,648 | -27,429 | -19,161 | -4,694 | ||
| 44.6% | 33.7% | 36.7% | 33.3% | 51.0% | 39.4% | 28.4% | 8.6% | 9.5% | 6.7% | 5.4% | 6.7% | 11.0% | ||
| 1.85 | 1.43 | 1.36 | 1.30 | 1.90 | 1.61 | 1.34 | 0.91 | 0.94 | 0.81 | 0.73 | 0.72 | 0.90 | ||
| 1.85 | 1.31 | 1.09 | 1.03 | 1.90 | 1.61 | 1.34 | 0.91 | 0.94 | 0.81 | 0.70 | 0.72 | 0.90 | ||
| 1.24 | 1.96 | 1.73 | 2.00 | 0.96 | 1.54 | 2.52 | 10.66 | 9.52 | 13.93 | 17.68 | 13.83 | 8.07 | ||
| 16.8% | 12.9% | 0.0% | 1.7% | 14.3% | 50.7% | 177.9% | -41.6% | 2.3% | 8.2% | -8.9% | 2.3% | 2.2% | ||
| 7.5% | 4.3% | 0.0% | 0.6% | 7.3% | 20.0% | 50.6% | -3.6% | 0.2% | 0.5% | -0.5% | 0.2% | 0.2% | ||
| 6.76 | 5.90 | 5.79 | 2.69 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €3,352 | - | €5,975 | €25,242 |
| €9,793 | €8,634 | €8,186 | €6,918 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 51% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 66.3% to 55.4%. Equity is higher and debt is lower.
JTF CONSTRUCT has no parent and no holdings in its annual accounts. JTF CONSTRUCT shares no director with another company.
| SDC POORTEN
establishment since 03-12-2023 · founded in 2023 · accounts filed late |
total assets €175,365 (2025) 1002.920.909 |
| METALS
establishment since 24-07-2026 |
founded in 2026 1040.621.047 |
| Verduyn, Arne (sole trader)
establishment since 22-12-2023 |
founded in 2021 0760.696.170 |
| Beernaert, Bjarne (sole trader)
establishment since 01-10-2022 |
founded in 2022 0791.786.749 |
| Beernaert, Jurgen (sole trader)
establishment since 22-06-1998 |
founded in 1998 0761.273.321 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Vladslostraat 34 registered office 8610 Kortemark | 08-05-2012 | 2.209.730.571 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 32025A0557/00B005 | 609 m² | 1 · 439 m² | 10.3 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0845.778.830
If something looks wrong or is missing, please tell us.