Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
The micro format states no turnover.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 37% of them on solvency, 26% on liquidity, 23% on profitability and 28% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,145 companies had the same profile as Team Jerre has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Team Jerre itself is higher: 3.7% within 12 months. It rests on far more data about Team Jerre than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,145 companies, not a prediction for Team Jerre. 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.
Liquidity is tight, with a current ratio of 1.22 (1.29 in 2024), below the usual 1.5. Short-term debt is 59.9% of total assets. 65.4% of the assets are financed with debt and provisions.
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.
The company filed its last 3 accounts on average 4 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Team Jerre Antwerp | €58,228 | €6,863 | 34.6% | - |
| ELEC DNS Sint-Pieters-Leeuw | €58,216 | €7,524 | 61.0% | - |
| Expertises Travaux Industries Seraing | €52,553 | €7,192 | 0.2% | - |
| Market Technics Diepenbeek | €58,822 | €7,277 | 46.3% | - |
| JORDI BEECKMANS Roosdaal | €52,932 | €8,294 | 12.5% | - |
| Vervaecke Technics Wevelgem | €62,678 | €5,498 | 48.5% | - |
| H&K ELECTROBUILD Roosdaal | €59,107 | €8,865 | 77.2% | - |
These companies have the same main activity as Team Jerre: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €52,600 and €62,700, founded between 2022 and 2023.
Team Jerre files the micro format. That format states no turnover. The gross margin fell from €34,334 in 2023 to €6,863 in 2025.
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 ≈ €56,000. Estimated: probably between €37,000 and €120,000.
Higher than 37% of 35,119 companies in 2025.
Higher than 30% of 34,493 companies in 2025.
Higher than 19% of 34,694 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
58,228 | 70,995 | 52,632 | |
21/28 |
15,670 | 19,850 | 5,392 | |
22/27 |
15,670 | 19,850 | 5,392 | |
23 |
1,417 | - | - | |
24 |
14,253 | 19,850 | 5,392 | |
29/58 |
42,558 | 51,145 | 47,240 | |
40/41 |
42,305 | 50,216 | 42,944 | |
40 |
27,631 | 24,864 | 16,763 | |
41 |
14,675 | 25,352 | 26,181 | |
54/58 |
- | - | 3,559 | |
490/1 |
253 | 929 | 737 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
58,228 | 70,995 | 52,632 | |
10/15 |
20,144 | 21,263 | 25,884 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
24,884 | 24,884 | 24,884 | |
133 |
24,884 | 24,884 | 24,884 | |
14 |
-5,740 | -4,621 | - | |
17/49 |
38,084 | 49,732 | 26,748 | |
17 |
3,214 | 9,957 | 3,044 | |
170/4 |
3,214 | 9,957 | 3,044 | |
42/48 |
34,870 | 39,775 | 23,704 | |
42 |
6,743 | 7,143 | 1,549 | |
43 |
5,420 | 5,997 | - | |
430/8 |
5,420 | 5,997 | - | |
44 |
22,478 | 26,634 | 20,990 | |
440/4 |
22,478 | 26,634 | 20,990 | |
45 |
229 | - | 1,165 | |
450/3 |
229 | - | 1,165 | |
| Income statement | ||||
9900 |
6,863 | 2,918 | 34,334 | |
630 |
5,692 | 3,481 | 408 | |
640/8 |
962 | 2,782 | 1,524 | |
9901 |
209 | -3,345 | 32,402 | |
75/76B |
448 | 51 | 0 | |
75 |
448 | 51 | 0 | |
65/66B |
1,547 | 1,110 | 436 | |
65 |
1,547 | 1,110 | 436 | |
9903 |
-890 | -4,404 | 31,966 | |
67/77 |
229 | 217 | 7,082 | |
9904 |
-1,119 | -4,621 | 24,884 | |
9905 |
-1,119 | -4,621 | 24,884 | |
| Appropriation of the result | ||||
9906 |
-5,740 | -4,621 | 24,884 | |
14P |
-4,621 | - | - | |
691/2 |
- | - | 24,884 | |
6921 |
- | - | 24,884 | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 5,901 | 136 | 32,810 | ||
| 4,572 | -1,140 | 25,292 | ||
| 1,512 | 20,449 | 5,801 | ||
| 7,688 | 11,371 | 23,536 | ||
| 34.6% | 30.0% | 49.2% | ||
| 1.22 | 1.29 | 1.99 | ||
| 1.89 | 2.34 | 1.03 | ||
| -5.6% | -21.7% | 96.1% | ||
| -1.9% | -6.5% | 47.3% | ||
| 3.81 | 0.12 | 75.22 |
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,512 | €20,449 | €5,801 |
| €5,692 | €3,481 | €408 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €209, after a loss of €3,345 in 2024.
Debt's share of the balance-sheet total falls from 70.0% to 65.4%. Equity and debt are lower.
Team Jerre has no parent and no holdings in its annual accounts. JOOSEN Jeroen Karel Anna is the only director. Team Jerre shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 9 December 2022, Team Jerre was incorporated in Antwerp as a private limited company by one natural person, with a starting capital of €1,000.12 In 2025 the registered office moved to Ekeren.3 JOOSEN Jeroen Karel Anna is director of the company, appointed by deed of 13-12-2022.2 Total assets went from €52,632 in 2023 to €58,228 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Team Jerre / Jerohm / Klusjesman Jeroen / Jos Lightning / Chestnut Design / Lo-Sjoo registered office Oudstrijderslei 73, 2180 Antwerp | 09-12-2022 | 2.338.864.988 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11014H0619/00S006 | 459 m² | 1 · 110 m² | 9.3 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 0794.604.697
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