J.M.I.
ActiveSummary
J.M.I. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.80M and a net result of €110k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-9
Solvency79▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.66 in 2023; short-term debt: 11.1% and cash: 6.1% of total assets), and 46.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
53.9%
Return on assets
2.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
35 d early
2022
32 d early
2021
38 d early
2020
5 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.80M▲ 4.1%
2023 · €2.69M
2018: €1.17M
2019: €1.20M
2020: €1.91M
2021: €2.09M
2022: €2.27M
2023: €2.69M
2018 → 2024
Total assets
€5.20M▼ 3.9%
2023 · €5.41M
2018: €3.69M
2019: €3.56M
2020: €3.96M
2021: €4.79M
2022: €4.91M
2023: €5.41M
2018 → 2024
Net result
€110k▼ 77.6%
2023 · €490k
2018: €118k
2019: €27k
2020: €224k
2021: €178k
2022: €188k
2023: €490k
2018 → 2024
Working capital
€473k▲ 15.5%
2023 · €410k
2018: €-263k
2019: €-271k
2020: €-180k
2021: €-197k
2022: €-66k
2023: €410k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.91M-€2.09M▲ 9.3%€2.27M▲ 9.0%€2.69M▲ 18.3%€2.80M▲ 4.1%
Operating result€350k-€223k▼ 36.5%€297k▲ 33.6%€259k▼ 12.8%€211k▼ 18.6%
Net result€224k-€178k▼ 20.5%€188k▲ 5.7%€490k▲ 161%€110k▼ 77.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 19% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.20M
Fixed assets
€4.15M ▼ 5.3%
Current assets
€1.05M ▲ 2.0%
Equity and liabilities €5.20M
Equity
€2.80M ▲ 4.1%
Provisions
€8k ▼ 27.1%
Debt
€2.39M ▼ 11.8%
Debt's share of the balance-sheet total falls from 50.1% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€438k▼
2023 · €495k
Cash flow
€337k▼
2023 · €726k
Current ratio
1.82▲
2023 · 1.66
Debt to equity
0.85▼
2023 · 1.01
ROE
3.9%▼
2023 · 18.2%
ROA
2.1%▼
2023 · 9.1%
Interest coverage
8.37▼
2023 · 10.48
Debt ≤ 1 year
€578k▼
2023 · €622k
Debt > 1 year
€1.81M▼
2023 · €2.09M
Income taxes
€58k▼
2023 · €89k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.41M€5.20M▼
Fixed assets21/28€4.38M€4.15M▼
Tangible fixed assets22/27€4.37M€4.15M▼
Land and buildings22€4.36M€4.14M▼
Plant, machinery and equipment23€8k€8k▼
Financial fixed assets28€8k-
Current assets29/58€1.03M€1.05M▲
Amounts receivable after more than one year29€333k€250k▼
Other amounts receivable291€333k€250k▼
Amounts receivable within one year40/41€333k€478k▲
Other amounts receivable41€333k€478k▲
Cash at bank and in hand54/58€362k€318k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€5.41M€5.20M▼
Equity10/15€2.69M€2.80M▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Revaluation surpluses12€747k€728k▼
Reserves13€1.82M€1.95M▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€70k€61k▼
Distributable reserves133€1.74M€1.87M▲
Provisions and deferred taxes16€11k€8k▼
Deferred taxes168€11k€8k▼
Amounts payable17/49€2.71M€2.39M▼
Amounts payable after more than one year17€2.09M€1.81M▼
Financial debts170/4€2.09M€1.81M▼
Amounts payable within one year42/48€622k€578k▼
Current portion of amounts payable after more than one year42€276k€279k▲
Financial debts43-€38k
Credit institutions430/8-€38k
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€60k€33k▼
Taxes450/3€60k€33k▼
Other amounts payable47/48€277k€219k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€236k€227k▼
Other operating charges640/8€40k€49k▲
Gross operating margin9900€535k€487k▼
Operating profit (loss)9901€259k€211k▼
Financial income75/76B€364k€6k▼
Recurring financial income75€5k€6k▲
Non-recurring financial income76B€359k-
Financial charges65/66B€47k€52k▲
Recurring financial charges65€47k€52k▲
Profit (loss) for the period before taxes9903€576k€165k▼
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€89k€58k▼
Profit (loss) for the period9904€490k€110k▼
Transfer from tax-exempt reserves789€9k€9k=
Profit (loss) for the period to be appropriated9905€499k€119k▼
Appropriation of the result
Profit (loss) to be appropriated9906€499k€119k▼
Transfer to equity691/2€499k€119k▼
To other reserves6921€499k€119k▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €490k ▲161%
Net result €490k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.66
Current ratio from 0.82 to 1.66.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.09M ▲9.3%
4 profitable years in a row build equity to €2.09M.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €27k ▼77.5%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
19-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Sint-Katelijne-Waver · 1 establishment unit since 2023
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.
Dreefvelden 152860 Sint-Katelijne-WaverGround area
1.2 ha
Building footprint
1,184 m²
Parcel 12035B0599/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
J.M.I.
since 20232.349.558.249
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035B0599/00P000 | Flanders | 1.2 ha | 1 · 1,184 m² | - |
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
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DR. DEROO FRANK
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Vastin
BE 0423.259.302
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DEVOVAN
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,305 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.