J.M.S. is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.36M and a net result of €-193. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 44% of 5498 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
32 d early
2023
23 d early
2022
26 d early
2021
18 d early
2020
11 d early
2019
31 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.36M=
2024 · €1.36M
2018: €1.28M
2019: €1.29M
2020: €1.31M
2021: €1.32M
2022: €1.34M
2023: €1.36M
2024: €1.36M
2018 → 2025
Net result
€-193
2024 · €8k
2018: €3k
2019: €3k
2020: €11k
2021: €8k
2022: €27k
2023: €13k
2024: €8k
2018 → 2025
Total assets
€3.01M▼ 7.1%
2024 · €3.24M
2018: €2.39M
2019: €2.41M
2020: €2.44M
2021: €2.48M
2022: €2.50M
2023: €2.55M
2024: €3.24M
2018 → 2025
Solvency
45.3%▲ 3.2pp
2024 · 42.1%
2018: 53.8%
2019: 53.4%
2020: 53.7%
2021: 53.1%
2022: 53.7%
2023: 53.3%
2024: 42.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.32M-€1.34M▲ 2.0%€1.36M▲ 1.0%€1.36M▲ 0.6%€1.36M=
Operating result€56k-€83k▲ 47.1%€83k▲ 0.3%€59k▼ 29.0%€30k▼ 49.1%
Net result€8k-€27k▲ 222%€13k▼ 51.2%€8k▼ 38.3%€-193
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 49% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.01M
Fixed assets
€2.03M▼ 3.8%
Current assets
€978k▼ 13.2%
Equity and liabilities €3.01M
Equity
€1.36M=
Provisions
€14k▼ 4.1%
Debt
€1.63M▼ 12.2%
The debt ratio falls from 57.4% to 54.2%. Debt is lower.
Key figures and ratios
Solvency
45.3%▲
2024 · 42.1%
ROE
0.0%▼
2024 · 0.6%
ROA
0.0%▼
2024 · 0.3%
Debt
€1.63M▼
2024 · €1.86M
Debt ≤ 1 year
€80k▼
2024 · €1.06M
Debt > 1 year
€1.55M▲
2024 · €760k
Income taxes
€3k▼
2024 · €6k
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€3.24M€3.01M▼
Fixed assets21/28€2.11M€2.03M▼
Tangible fixed assets22/27€2.11M€2.03M▼
Land and buildings22€585k€559k▼
Plant, machinery and equipment23€11k€10k▼
Furniture and vehicles24€18k€9k▼
Other tangible fixed assets26€1.50M€1.46M▼
Current assets29/58€1.13M€978k▼
Stocks and contracts in progress3€843k€698k▼
Stocks30/36€843k€698k▼
Amounts receivable within one year40/41€44k€82k▲
Trade receivables40€44k€65k▲
Other amounts receivable41€43€17k▲
Cash at bank and in hand54/58€236k€194k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€3.24M€3.01M▼
Equity10/15€1.36M€1.36M=
Contributions10/11€962k€962k=
Reserves13€403k€403k=
Tax-exempt reserves132€77k€75k▼
Distributable reserves133€327k€328k▲
Provisions and deferred taxes16€14k€14k▼
Deferred taxes168€14k€14k▼
Amounts payable17/49€1.86M€1.63M▼
Amounts payable after more than one year17€760k€1.55M▲
Financial debts170/4€760k€1.55M▲
Amounts payable within one year42/48€1.06M€80k▼
Current portion of amounts payable after more than one year42€19k€66k▲
Trade debts44€1k€7k▲
Suppliers440/4€1k€7k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€1.03M€4k▼
Accrued charges and deferred income492/3€42k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€79k▲
Other operating charges640/8€11k€12k▲
Gross operating margin9900€143k€122k▼
Operating profit (loss)9901€59k€30k▼
Financial income75/76B€2k€17k▲
Recurring financial income75€2k€17k▲
Financial charges65/66B€47k€45k▼
Recurring financial charges65€47k€45k▼
Profit (loss) for the period before taxes9903€14k€3k▼
Transfer from deferred taxes780€585€585=
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€8k€-193▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€10k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€2k▼
Transfer to equity691/2€10k€2k▼
To other reserves6921€10k€2k▼
The notes to these accounts (12 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-193 ▼102%
Net result drops to €-193, the lowest in the series.
31-12
Financial
Liquidity times 11current ratio 12.20
Current ratio from 1.06 to 12.20; short-term debt falls from €1.06M to €80k.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €27k ▲222%
Net result €27k, the highest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Merksplas · 1 establishment unit since 2004
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.
Berkenstraat 82330 MerksplasGround area
1,745 m²
Building footprint
285 m²
Volume, LiDAR
1,730 m³
Parcel 13023G0123/00Y003, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
J.M.S.
since 20042.137.257.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023G0123/00Y003 | Flanders | 1,745 m² | 1 · 285 m² | 9.1 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.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 11,974 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2004
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70111
70112
70120
70201
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.