Equity
€558,409 ▼ 23.4%
JWL paid out €387,691 in dividends. That is 178% of the 2025 profit.
JWL
Lifetime
8 annual accounts with figures on one time axispeak €854,200 (2025)
€854,200▲ 26.0%
peak €217,289 (2025)
€217,289▲ 5.4%
peak €728,811 (2024)
€558,409▼ 23.4%
€682,757▲ 59.2%
peak 7.7 FTE (2025)
7.7 FTE▲ 37.5%
Board4 names since 2017
4 directors and 3 others
Documentsfilings and deeds
07-05-202685 days before the deadline
2025abbreviated format
Gross margin from €678,097 to €854,200Staff from 5.6 FTE to 7.7 FTEDividend €387,691Equity from €728,811 to €558,409Debts from €428,885 to €682,757Cash from €357,937 to €208,901
Key points
from the 2025 annual accountsDebts
€682,757 ▲ 59.2%
Debts rose by €253,872 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€123,565 1.7 × depreciation
Green is investment, beige is depreciation.
Staff
9 employees on 31-12-2025
In 2025, 2 people joined and nobody left.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 35 to 85 days before the end of the period.
Position in the sector
€217,289
Higher net result than 85% of companies in specialised construction. Sector median €38,600 · 9,275 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as JWL has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 26,973 companies, not a prediction for JWL. 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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Signals
Board and ownership
Director, since 29-11-2017
Director, , since 29-11-2017
Director, since 29-11-2017
Director, since 29-11-2017
- 250 sharesdeed of 01-12-2017
- 250 sharesdeed of 01-12-2017
- 250 sharesdeed of 01-12-2017
Recent changes
Security firm approval (camera systems) renewed
Decision of 25-02-2026, published on 24-04-2026
Security firm approval (alarm systems) renewed
Decision of 11-02-2025, published on 06-10-2025
4 managers resigning, 4 directors reappointed
Resignations: ; ; and · Reappointments: ; ; and · Permanent representative: · General meeting of 09-07-2021 · Gazette deed
Security firm approval (camera systems) granted
Decision of 17-06-2020, published on 30-08-2021
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JWL Pelt | €1.2m | €0.9m | 45.0% | 7.7 |
| GOZEN Beringen | €1.1m | €0.6m | 11.1% | 7.8 |
| Elektroflux Erckens Zonhoven | €1.4m | €1.1m | 52.9% | 9.5 |
| DUJACQUIER ELECTRICITE Chimay | €1.1m | €0.7m | 16.2% | 9.1 |
| ESV-Blomme Kortrijk | €1.7m | €0.8m | 55.2% | 8.1 |
| BVK SECURITY Lede | €1.3m | €0.7m | 43.7% | 5.8 |
| WIRELINE Heist-op-den-Berg | €1.2m | €0.7m | 47.9% | 6 |
These companies have the same main activity as JWL: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 29-11-2017Normal situation
- Activity
- General electrical installation workNACE 43211and 3 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.273.401.3713900 Pelt, since 29-11-2017
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €1.9mestimated
- €1.2m▲ 7.2%
- Employeeson 31-12-2025
- 9▲ 28.6%
- Filing
- Filed on 07-05-2026, 85 days before the end of the filing period
Insights on JWL
JWL files the abbreviated format. That format states no turnover. The gross margin rose from €412,876 in 2018 to €854,200 in 2025.
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 JWL
- What is the company number of JWL?
- The company number of JWL is 0685.488.409. The VAT number is the same number with BE in front: BE 0685.488.409.
- Where is JWL based?
- The registered office is at Lodewijk De Raetlaan 22, 3900 Pelt.Company details
- What does JWL do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of JWL?
- JWL is a private limited company (BV).
- When was JWL founded?
- JWL was founded on 29-11-2017.
- Is JWL still active?
- Yes, JWL is an active enterprise in the KBO register.
- How many employees does JWL have?
- JWL had an average of 7.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does JWL fall under?
- In its 2025 annual accounts, JWL states joint committees 200 (Auxiliary committee for white-collar workers) and 149.01 (Electricians: installation and distribution).
- What is the turnover of JWL?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €854,200 and 35 comparable companies (NACE 43211). It probably lies between €1.6m and €2.3m.
- Is JWL profitable?
- In financial year 2025, JWL made a profit of €217,289.
- Where can I find the annual accounts of JWL?
- JWL filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JWL due?
- JWL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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