Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
JN Works from Bornem, company number BE0477805865, closed financial year 2025 with a result of € 3,639 after tax. For that financial year JN Works recorded a gross margin of € 23,861 and equity of € -9,825. Compared with financial year 2024, the result moved from € 18,178 to € 3,639. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -9,825
▲ € 3,639 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,639
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 30,391
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -28,425.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 128,458
▼ 9% vs 2024
€ 12,862 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 3,214
Supplier invoices still open on the last day of the fiscal year.
€ 652
▲ 9% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,636 | € 21,589 | € 37,001 | € 23,861 | ▼ 36% |
| Profit after taxes | € -3,506 | € -575 | € 18,178 | € 3,639 | ▼ 80% |
| Equity | € -31,068 | € -31,643 | € -13,465 | € -9,825 | ▲ € 3,639 |
| Total debts | € 149,100 | € 181,130 | € 142,894 | € 132,324 | ▼ 7% |
| Cash | € 20,895 | € 44,954 | € 56,959 | € 30,391 | ▼ 47% |
| Land & buildings | € 80,739 | € 67,211 | € 56,850 | € 74,227 | ▲ 31% |
| Retained profit | € -49,668 | € -50,243 | € -32,065 | € -28,425 | ▲ € 3,639 |
| Bank debt | € 143,249 | € 153,171 | € 141,342 | € 128,458 | ▼ 9% |
| Balance sheet total | € 118,032 | € 149,487 | € 129,430 | € 122,499 | ▼ 5% |
Key figures of JN Works, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to JN Works?
What happened at JN Works in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,639 (▼ 80% vs 2024). filed late Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,506 loss in 2022 to € 3,639 profit in 2025.
Paid € 1,313 in corporate taxes since 2022.
Best year ever: 2024, with € 18,178 profit.
Management
Behind JN Works is Jeroen Ninclaus.
Directors
According to the 2025 annual accounts
Jeroen Ninclaus
Director
Establishments
Establishment units
Physical locations of this company
Kloosterstraat(BOR) 152
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.805.865
- VAT number
- BE 0477.805.865
- Registered office
- Kloosterstraat(BOR) 152, 2880 Bornem
- Names & denominations
- JN Works · M.E.K.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2002
- Peppol
- Active · Active since 21 May 2025
- Activities · NACE
Ondersteunende activiteiten in verband met de veeteelt
Effectenhandel en vermogensbeheer
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Metselwerk
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Vervaardiging van ander schrijn- en timmerwerk
Overige bemiddeling in effecten- en goederencontracten, muv crowdfunding
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