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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
JW PROJECTS from Nazareth-De Pinte, company number BE0729934403, closed financial year 2025 with a result of € -3,304 after tax. For that financial year JW PROJECTS recorded a gross margin of € 3,713 and equity of € -8,590. Compared with financial year 2024, the result moved from € -12,689 to € -3,304. The company made a loss. 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 February 17, 2026.
€ -8,590
▼ € 4,846 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,304
▲ 74 % less loss than in 2024
Profit after tax over the fiscal year.
€ 17,421
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,090.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,152
▼ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,133
▼ 46% vs 2024
€ 12,030 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 510
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,331
▲ 118% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,291 | € 14,942 | € 4,858 | € 3,713 | ▼ 24% |
| Profit after taxes | € -2,312 | € -2,485 | € -12,689 | € -3,304 | ▲ € 9,385 |
| Equity | € 11,430 | € 8,945 | € -3,744 | € -8,590 | ▼ € 4,846 |
| Total debts | € 71,625 | € 58,477 | € 40,507 | € 33,560 | ▼ 17% |
| Cash | € 12,004 | € 9,974 | € 0 | € 17,421 | |
| Retained profit | € 8,930 | € 6,445 | € -6,244 | € -11,090 | ▼ € 4,846 |
| Bank debt | € 65,300 | € 46,635 | € 31,677 | € 17,133 | ▼ 46% |
| Balance sheet total | € 83,054 | € 67,422 | € 36,763 | € 24,969 | ▼ 32% |
Key figures of JW PROJECTS, 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 JW PROJECTS?
What happened at JW PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,304. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Nazareth-De Pinte. KBO
- Wollaert Jelle became a director. NBB
In short
From € 2,312 loss in 2022 to € 3,304 loss in 2025.
Paid € 1,656 in corporate taxes since 2022.
Management
Behind JW PROJECTS is Wollaert Jelle.
Directors
According to the 2025 annual accounts
Wollaert Jelle
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Zagmanstraat 47
9810 Nazareth-De Pinte
Wissenbulk 7
9840 Nazareth-De Pinte
Active since 9 July 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- WOLLAERT Jelle(oprichter) 100%
Details
- Company number
- 0729.934.403
- VAT number
- BE 0729.934.403
- Registered office
- Zagmanstraat 47, 9810 Nazareth-De Pinte
- Names & denominations
- JW PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2019
- Peppol
- Active · Active since 18 Mar 2025
- Contact
- [email protected]
- Activities · NACE
Metselwerk
Uitvoeren van metsel- en voegwerken
Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk
Schrijnwerk
Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)