J.J. Maes
ActiveJ.J. Maes has been active since 1952 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.33M and a net result of €38k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 61% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+17
Solvency80▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.09 in 2024; short-term debt: 29% and cash: 4.7% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.3%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
on the day
2023
on the day
2022
21 d early
2021
72 d early
2020
116 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k
2024 · €-9k
2018: €-64k
2019: €-154k
2020: €42k
2021: €96k
2022: €63k
2023: €5k
2024: €-9k
2018 → 2025
Working capital
€51k▲ 0.8%
2024 · €50k
2018: €-119k
2019: €-135k
2020: €-155k
2021: €-23k
2022: €-33k
2023: €4k
2024: €50k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.28M-€1.29M▲ 1.4%€1.30M▲ 0.4%€1.29M▼ 0.7%€1.33M▲ 3.0%
Operating result€123k-€77k▼ 37.3%€30k▼ 60.8%€23k▼ 22.6%€95k▲ 306%
Net result€96k-€63k▼ 34.2%€5k▼ 92.2%€-9k€38k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 306% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.40M
Fixed assets
€1.65M▲ 0.4%
Current assets
€747k▲ 27.7%
Equity and liabilities €2.40M
Equity
€1.33M▲ 3.0%
Debt
€1.07M▲ 13.8%
The debt ratio rises from 42.2% to 44.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€160k▲
2024 · €109k
Cash flow
€103k▲
2024 · €76k
Solvency
55.3%▼
2024 · 57.8%
Current ratio
1.07▼
2024 · 1.09
Quick ratio
0.50▲
2024 · 0.44
Debt / equity
0.81▲
2024 · 0.73
ROE
2.9%▲
2024 · -0.7%
ROA
1.6%▲
2024 · -0.4%
Interest coverage
5.41▲
2024 · 3.73
Debt
€1.07M▲
2024 · €942k
Debt ≤ 1 year
€696k▲
2024 · €534k
Debt > 1 year
€372k▼
2024 · €408k
Income taxes
€19k▲
2024 · €4k
Staff costs
€177k▼
2024 · €193k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.23M€2.40M▲
Fixed assets21/28€1.65M€1.65M▲
Tangible fixed assets22/27€1.64M€1.65M▲
Land and buildings22€1.60M€1.57M▼
Plant, machinery and equipment23€2k€34k▲
Furniture and vehicles24€43k€44k▲
Financial fixed assets28€3k€3k=
Current assets29/58€585k€747k▲
Stocks and contracts in progress3€349k€396k▲
Stocks30/36€349k€396k▲
Amounts receivable within one year40/41€149k€206k▲
Trade receivables40€25k€4k▼
Other amounts receivable41€124k€203k▲
Cash at bank and in hand54/58€62k€113k▲
Deferred charges and accrued income490/1€25k€31k▲
Equity and liabilities
Total equity and liabilities10/49€2.23M€2.40M▲
Equity10/15€1.29M€1.33M▲
Contributions10/11€297k€297k=
Capital10€297k€297k=
Issued capital100€297k€297k=
Revaluation surpluses12€974k€974k=
Reserves13€44k€56k▲
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Tax-exempt reserves132€14k€14k=
Distributable reserves133-€12k
Profit (loss) carried forward14€-26k-
Amounts payable17/49€942k€1.07M▲
Amounts payable after more than one year17€408k€372k▼
Financial debts170/4€408k€372k▼
Amounts payable within one year42/48€534k€696k▲
Current portion of amounts payable after more than one year42€62k€63k▲
Financial debts43€270k€270k=
Credit institutions430/8€270k€270k=
Trade debts44€180k€321k▲
Suppliers440/4€180k€321k▲
Taxes, remuneration and social security45€19k€37k▲
Taxes450/3€19k€18k▼
Remuneration and social security454/9-€20k
Other amounts payable47/48€3k€4k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€193k€177k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€65k▼
Other operating charges640/8€29k€30k▲
Gross operating margin9900€331k€367k▲
Operating profit (loss)9901€23k€95k▲
Financial income75/76B€448-
Recurring financial income75€448-
Financial charges65/66B€29k€38k▲
Recurring financial charges65€29k€30k▲
Non-recurring financial charges66B-€8k
Profit (loss) for the period before taxes9903€-5k€57k▲
Income taxes67/77€4k€19k▲
Profit (loss) for the period9904€-9k€38k▲
Profit (loss) for the period to be appropriated9905€-9k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€12k▲
Profit (loss) brought forward from the previous period14P€-17k€-26k▼
Transfer to equity691/2-€12k
To other reserves6921-€12k
Social balance
Average headcount (FTE)90873.63.0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €96k ▲128%
Operating result €123k, net result €96k, both a record.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €42k
Net result €42k after 2 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-154k
Net result drops to €-154k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evere · 1 establishment unit since 1952
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
G. De Lombaerdestraat 321140 EvereGround area
1,861 m²
Building footprint
1,441 m²
Volume, LiDAR
8,514 m³
Parcel 21372C0108/00T009, Brussels · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G. De Lombaerdestraat 32, 1140 Evere
since 19522.005.618.718
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0108/00T009 | Brussels | 1,861 m² | 1 · 1,441 m² | 14.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ONESPAN
BE 0446.822.877
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ELTEC-DEXIS
BE 0451.657.833
Genk · Eq €1.32M
Seco Tools Benelux
BE 0414.389.146
Machelen (Brab.) · Eq €1.35M
SADU-ABRASIVES
BE 0427.796.724
Sint-Niklaas · Eq €1.31M
Of 1,246 companies in sector 46643 we hold annual accounts for 954. 680 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1952
Fiscal year end31-12
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
46831Wholesale of construction materials, general range
51532
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.