Equity
€182,942 =
SJ construct paid out €104,793 in dividends. That is 100% of the 2025 profit.
SJ construct
Overview
Lifetime
5 annual accounts with figures on one time axispeak €162,017 (2021)
€158,117▲ 39.4%
peak €104,793 (2025)
€104,793▲ 48.5%
peak €231,289 (2023)
€182,942unchanged
€248,818▲ 51.6%
Board2 names since 2020
1 director
Documentsfilings and deeds
25-03-2026128 days before the deadline
2025micro format
Gross margin from €113,390 to €158,117Result from €70,581 to €104,793Dividend €104,793Debts from €164,150 to €248,818Cash from €159,810 to €265,975
Key points
from the 2025 annual accountsTurnover
≈ €400,000 estimated
The micro format states no turnover.
Position in the sector
€104,793
Higher net result than 94% of companies in fabricated metal products. Sector median €11,780 · 2,515 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as SJ construct has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
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 497,331 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 26,969 companies, not a prediction for SJ 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
Board and ownership
Director, since 30-07-2020
- 90 sharesdeed of 04-08-2020
- 250 sharesdeed of 04-08-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0751668836
Incorporation
Founding capital of €2,500, 100 shares · Founders: and · Appointments: (statutory director) and (director) · published on 04-08-2020 · Gazette deed
First establishment
Baliekouter 7, Dentergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SJ construct Dentergem | €431,759 | €158,117 | 42.4% | - |
| Defreyne Damme | €396,843 | €186,441 | 56.3% | - |
| Vandewoude Pervijze Diksmuide | €466,009 | €169,930 | 62.4% | - |
| Demicon Roeselare | €327,384 | €157,904 | 23.3% | - |
| Basile Inox Herstal | €400,227 | €166,638 | 28.6% | - |
| Metaal Atelier Bosmans Zonhoven | €405,869 | €176,784 | 69.5% | - |
| Lazaro Steel Charleroi | €485,520 | €186,472 | 48.5% | - |
These companies have the same main activity as SJ construct: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €327,000 and €486,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 31-07-2020Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110
- Establishment unit
- 2.305.278.4428720 Dentergem, since 31-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- €158,117▲ 39.4%
- €104,793▲ 48.5%
- €182,942=
- €431,759▲ 24.4%
- Filing
- Filed on 25-03-2026, 128 days before the end of the filing period
Insights on SJ construct
SJ construct files the micro format. That format states no turnover. The gross margin fell from €162,017 in 2021 to €158,117 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 25-03-2026, 128 days before the deadline€158,117
▲ 39.4%
€144,977
▲ 55.9%
€104,793
▲ 48.5%
€168,326
▲ 7.8%
42.4%
▼ 10.3 percentage points
1.69
▼ 0.27
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 ≈ €400,000. Estimated: probably between €260,000 and €610,000.
Balance sheet
balance sheet total €431,759 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
42.4%
Higher than 47% of 2,515 companies in 2025.
1.69
Higher than 50% of 2,473 companies in 2025.
24.3%
Higher than 85% of 2,494 companies in 2025.
SJ construct
Middle half of the sector
80% of the sector
Micro accounts in fabricated metal products (NACE 25)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
431,759 | 347,092 | 284,809 | 245,656 | 173,407 | |
21/28 |
21,058 | 28,371 | 42,197 | 63,891 | 47,349 | |
21 |
- | - | 0 | 0 | 1 | |
22/27 |
21,058 | 28,371 | 42,197 | 63,891 | 47,348 | |
22 |
1,258 | 1,596 | - | - | - | |
23 |
528 | 1,478 | 13,230 | 26,269 | 40,280 | |
24 |
19,272 | 25,297 | 28,966 | 37,622 | 7,068 | |
29/58 |
410,701 | 318,721 | 242,613 | 181,764 | 126,058 | |
40/41 |
14,465 | 28,685 | 25,678 | 37,408 | 15,650 | |
40 |
8,272 | 21,973 | 8,309 | 28,774 | 15,650 | |
41 |
6,193 | 6,712 | 17,369 | 8,634 | - | |
50/53 |
129,971 | 129,971 | - | - | - | |
54/58 |
265,975 | 159,810 | 216,702 | 143,960 | 110,057 | |
490/1 |
290 | 255 | 233 | 397 | 351 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
431,759 | 347,092 | 284,809 | 245,656 | 173,407 | |
10/15 |
182,942 | 182,942 | 231,289 | 182,942 | 100,188 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
13 |
180,442 | 180,442 | 180,442 | 180,442 | 97,688 | |
133 |
180,442 | 180,442 | 180,442 | 180,442 | 97,688 | |
14 |
- | - | 48,347 | - | - | |
17/49 |
248,818 | 164,150 | 53,521 | 62,714 | 73,219 | |
17 |
- | - | - | 12,690 | 25,026 | |
170/4 |
- | - | - | 12,690 | 25,026 | |
42/48 |
242,375 | 162,643 | 52,809 | 48,376 | 36,152 | |
42 |
- | - | 12,690 | 12,335 | 11,990 | |
44 |
3,614 | 10,450 | 12,912 | 2,485 | 1,017 | |
440/4 |
3,614 | 10,450 | 12,912 | 2,485 | 1,017 | |
46 |
182 | - | - | - | - | |
45 |
2,561 | 3,358 | 1,823 | 18,293 | 21,293 | |
450/3 |
2,561 | 3,358 | 1,823 | 18,293 | 21,293 | |
47/48 |
236,018 | 148,835 | 25,384 | 15,262 | 1,851 | |
492/3 |
6,443 | 1,507 | 712 | 1,648 | 12,041 | |
| Income statement | ||||||
9900 |
158,117 | 113,390 | 87,914 | 134,380 | 162,017 | |
630 |
8,730 | 19,538 | 21,538 | 17,096 | 20,512 | |
640/8 |
543 | 843 | 931 | 486 | 271 | |
66A |
3,867 | - | - | - | - | |
9901 |
144,977 | 93,009 | 65,445 | 116,798 | 141,234 | |
75/76B |
3,361 | 329 | 303 | 109 | 102 | |
75 |
3,361 | 329 | 303 | 109 | 102 | |
65/66B |
7,022 | 4,469 | 2,638 | 1,886 | 2,407 | |
65 |
7,022 | 4,469 | 2,638 | 1,886 | 2,407 | |
9903 |
141,315 | 88,869 | 63,111 | 115,021 | 138,929 | |
67/77 |
36,522 | 18,288 | 13,164 | 30,668 | 39,641 | |
9904 |
104,793 | 70,581 | 49,947 | 84,354 | 99,288 | |
9905 |
104,793 | 70,581 | 49,947 | 84,354 | 99,288 | |
| Appropriation of the result | ||||||
9906 |
104,793 | 118,928 | 49,947 | 84,354 | 99,288 | |
14P |
- | 48,347 | - | - | - | |
691/2 |
- | - | - | 82,754 | 97,688 | |
6921 |
- | - | - | 82,754 | 97,688 | |
694/7 |
104,793 | 118,928 | 1,600 | 1,600 | 1,600 | |
694 |
104,793 | 118,928 | 1,600 | 1,600 | 1,600 | |
| Document | ||||||
The notes to these accounts have 9 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 25-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-03-2026 | 2026-00070089 | |
| 31-12-2024 | micro format | 22-05-2025 | 2025-00109443 | |
| 31-12-2023 | micro format | 27-05-2024 | 2024-00108500 | |
| 31-12-2022 | micro format | 24-02-2023 | 2023-00032921 | |
| 31-12-2021 | micro format | 07-06-2022 | 2022-20060072 |
Subsidies and aid
Flemish government 2023, 1 entry, €228 awarded, €228 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 153,707 | 112,547 | 86,983 | 133,894 | 161,746 | ||
| 113,523 | 90,118 | 71,485 | 101,449 | 119,800 | ||
| 5,284 | 5,712 | 3,727 | 33,639 | 65,819 | ||
| 106,165 | -56,893 | 72,742 | 33,903 | - | ||
| 168,326 | 156,078 | 189,804 | 133,389 | 89,906 | ||
| 42.4% | 52.7% | 81.2% | 74.5% | 57.8% | ||
| 1.69 | 1.96 | 4.59 | 3.76 | 3.49 | ||
| 1.36 | 0.90 | 0.23 | 0.34 | 0.73 | ||
| 57.3% | 38.6% | 21.6% | 46.1% | 99.1% | ||
| 24.3% | 20.3% | 17.5% | 34.3% | 57.3% | ||
| 21.89 | 25.18 | 32.98 | 70.99 | 67.20 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,284 | €5,712 | €3,727 | €33,639 | €65,818 |
| Intangible fixed assets | - | - | - | - | €1 |
| €8,730 | €19,538 | €21,538 | €17,096 | €20,512 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SJ construct
The operating result for 2025 is 56% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 47.3% to 57.6%. Debt is higher.
Board & ownership
Board
1 director, since incorporationStatutory director
since 30-07-2020
term without a fixed end
listed in the 2021 annual accounts, filed on 07-06-2022
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 04-08-2020
Mandates through the years
2 names, the dashed line is todayStatutory director
Director
BoardEarlierend not dated
Mandates as a list
-
- Statutory director, from 30-07-2020 to date
-
- Director, appointed by deed of 04-08-2020, no longer listed in the 2021 annual accounts
Control
Founders
,
This company
SJ construct
Equity €182,942
Profit €104,793 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €1,829 in 2025
- Source
- deed of 04-08-2020
Articles of association
deed of 04-08-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “zijn zullen bijgevolg slechts mogen uitgeoefend worden nadat de vereiste vergunning/attest ter beschikking zal zijn of aan de desbetreffende…”
Shareholders
At incorporation
deed of 04-08-2020 ↗
- 90 shares · €2,500
- 250 shares · €250
Network & group
No group
SJ construct has no parent and no holdings in its annual accounts. is the only director. SJ construct shares no director with another company.
Timeline
Timeline
12 events since 2020Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 128 days before the deadline
2025
Highest result from 2021 to 2025 net €104,793 ▲48.5% The operating result of €144,977 and the net result of €104,793 are both a record.
Annual accounts 2024 filed PDFmicro format · 70 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0751668836
2024
Annual accounts 2023 filed PDFmicro format · 65 days before the deadline
2023
Weakest financial year net €49,947 ▼40.8% The net result drops to €49,947, the lowest from 2021 to 2025. It recovers the following year.
Equity above €200,000 equity €231,289 ▲26.4% With a profit in every financial year since 2021, equity grows to €231,289.
Annual accounts 2022 filed PDFmicro format · 157 days before the deadline
2022
Equity above €150,000 equity €182,942 ▲82.6% With a profit in every financial year since 2021, equity grows to €182,942.
Annual accounts 2021 filed PDFmicro format · 54 days before the deadline
2020
IncorporationFounding capital of €2,500, 100 shares · Founders: and · Appointments: (statutory director) and (director) · published on 04-08-20205 points ▸
- Founding capital, €2,500, 100 shares
- Founder,
- Founder,
- Director appointment, (statutory director)
- Director appointment,
- The deed holds 3 more points.
First establishment Baliekouter 7, Dentergem
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0751.668.836
- VAT number
- BE 0751.668.836
- Peppol ID
- 0208:0751668836
- Other Peppol ID
- 9925:BE0751668836
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 31-07-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “zijn zullen bijgevolg slechts mogen uitgeoefend worden nadat de vereiste vergunning/attest ter beschikking zal zijn of aan de desbetreffende…”deed of 04-08-2020 (in Dutch)
- Peppol
- Reachable since 30-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- SJ construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-08-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Baliekouter 7, 8720 Dentergem (Wakken)”deed of 04-08-2020 (in Dutch)
Activities
NACEBEL 202525110
Manufacture of metal structures and parts of structures main activity
Codes under NACEBEL 2008
25110
Manufacture of metal structures and parts of structures main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Vervaardiging van metalen constructies en delen daarvan; Vervaardiging van gesmede werkstukken van metaal voor rekening van derden…”deed of 04-08-2020 (in Dutch)
12 activities
- Vervaardiging van metalen constructies en delen daarvan
- Vervaardiging van gesmede werkstukken van metaal voor rekening van derden
- Vervaardiging van met een matrijs geperste werkstukken van non-ferrometaal voor rekening van derden
- Vervaardiging van toestellen voor het spuiten,verspreiden of verstuiven van vloeistoffen of van poeder:spuitpistolen,stoomstraaltoestellen,enz.
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden
- Montage van buiten- en binnenschrijnwerk van hout of van kunststof:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen enz.
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,in hout,kunststof of metaal
- Overige gespecialiseerde bouwwerkzaamheden
- Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken
- Het waarnemen van alle bestuursopdrachten in vennootschappen,het uitoefenen van mandaten en functies in ondernemingen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten(vruchtgebruik,recht van opstal,erfpacht,...),zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen
- Zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Baliekouter 7 registered office 8720 Dentergem | 31-07-2020 | 2.305.278.442 |
Buildings and parcels at the address
- Ground area
- 881 m²
- Buildings
- 144 m²
- Volume, LiDAR
- 787 m³
- Tallest building
- 8.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 37016B0769/02F000 | 881 m² | 1 · 144 m² | 8.0 m · 2 |