Growth
14 years of growth in a row. Turnover 2025: €3.7m.
14 years of growth in a row. Turnover 2025: €3.7m.
J-PROJECT pays its suppliers 264 days earlier than in 2024. Customers pay 3 days earlier.
Short-term debts rose from €2.3m to €3.4m.
The last five annual accounts were filed 37 to 49 days before the end of the period.
More equity than 89% of companies in real estate. Sector median €942,893 · 5,811 companies.
The dashed line is the sector median: 0.1% across 1,720 companies (NACE 68, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 63% of them on solvency, 67% on liquidity, 93% on profitability and 72% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 513 companies had the same profile as J-PROJECT has now. Each dot stands for 2 companies, two years later.
That fits the bankruptcy probability of J-PROJECT itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 513 companies, not a prediction for J-PROJECT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.97 (1.54 in 2024), below 1. Short-term debt is 10.1% and cash 1% of total assets. 59.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| J-PROJECT Kampenhout | €3.7m | 35.9% | 40.7% | - |
| VANDECASTEELE NOEL & BERNARD Kortrijk | €3.9m | 13.4% | 32.3% | 15.6 |
| GILBO Sint-Martens-Latem | €3.4m | 47.8% | 66.4% | - |
| VAN WELLEN STORAGE Kapellen | €3.6m | 52.9% | 7.5% | - |
| SAS - IMMOBILIEN Kampenhout | €2.6m | - | 75.1% | 3.1 |
| AKTIEFINVEST Leuven | €6.6m | 18.7% | 96.7% | 4.6 |
| IMMO MONTOYER Brussels | €4.7m | 31.4% | 92.5% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as J-PROJECT: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €25m and €38m, founded between 1989 and 2001.
J-PROJECT has existed since 1995. The present size dates from 2020. Turnover rose that year from €589,605 to €1.3m. On 3 September 2020 J-PROJECT received a branch of activity from JENNES LEEFDAAL.
Turnover has grown every year since.
JENMABO holds 96% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 52% of 5,810 companies in 2025.
Higher than 40% of 5,561 companies in 2025.
Higher than 62% of 5,784 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
33.8m | 33.8m | 29.5m | 24.5m | 21.1m | 20.4m | 9.7m | 6.4m | 6.5m | 6.6m | 6.1m | 1.9m | 1.8m | 1.8m | 1.2m | 1.1m | 1.2m | 779,895 | 788,687 | |
21/28 |
30.5m | 30.3m | 29.1m | 23.4m | 19.0m | 19.8m | 9.0m | 6.4m | 6.5m | 6.5m | 6.0m | 1.8m | 1.8m | 1.8m | 1.2m | 1.1m | 1.1m | 650,000 | 650,000 | |
21 |
0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
30.5m | 30.3m | 29.1m | 23.4m | 19.0m | 19.8m | 9.0m | 6.4m | 6.5m | 6.5m | 6.0m | 1.8m | 1.8m | 1.8m | 1.2m | 1.1m | 1.1m | 650,000 | 650,000 | |
22 |
29.8m | 29.6m | 25.2m | 22.8m | 18.5m | 19.3m | 8.1m | 5.9m | 6.0m | 6.0m | 5.6m | 1.3m | 1.3m | 1.3m | 671,663 | 617,539 | 638,179 | 160,000 | 160,000 | |
23 |
197,574 | 209,479 | 281,000 | - | - | 568 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | 3,356 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | - | |
27 |
54,881 | 15,392 | 3.2m | 126,730 | 16,440 | 16,440 | 432,354 | 15,200 | - | - | - | 68,365 | - | - | - | - | - | - | 490,000 | |
29/58 |
3.3m | 3.5m | 381,391 | 1.1m | 2.1m | 650,583 | 701,631 | 40,383 | 86,981 | 80,848 | 49,083 | 23,172 | 50,980 | 28,232 | 9,145 | 19,354 | 90,958 | 129,895 | 138,687 | |
40/41 |
3.0m | 3.4m | 66,867 | 1.0m | 2.0m | 133,862 | 518,296 | - | 8,809 | 8,810 | 8,821 | - | 6,700 | - | - | - | 67,248 | 120,016 | 130,005 | |
40 |
7,018 | 36,786 | 66,867 | 274,684 | 5,000 | 13,724 | 456,303 | - | 8,809 | 8,809 | 8,809 | - | - | - | - | - | 2,226 | - | - | |
41 |
3.0m | 3.4m | - | 775,005 | 2.0m | 120,138 | 61,993 | - | - | 1 | 12 | - | 6,700 | - | - | - | 65,022 | 120,016 | 130,005 | |
54/58 |
333,362 | 126,473 | 314,523 | 68,843 | 102,170 | 514,769 | 181,383 | 38,431 | 78,172 | 72,039 | 40,262 | 23,172 | 44,280 | 28,232 | 9,145 | 19,354 | 23,709 | 9,879 | 8,682 | |
490/1 |
- | - | - | - | - | 1,952 | 1,952 | 1,952 | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
33.8m | 33.8m | 29.5m | 24.5m | 21.1m | 20.4m | 9.7m | 6.4m | 6.5m | 6.6m | 6.1m | 1.9m | 1.8m | 1.8m | 1.2m | 1.1m | 1.2m | 779,895 | 788,687 | |
10/15 |
13.8m | 13.3m | 7.4m | 6.4m | 6.0m | 4.8m | 740,144 | 737,679 | 605,946 | 446,541 | 271,305 | 485,444 | 367,585 | 255,122 | 213,358 | 183,454 | 143,364 | 146,882 | 162,720 | |
10/11 |
6.7m | 6.7m | 1.2m | 1.2m | 1.2m | 1.2m | 31,000 | - | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | |
10 |
- | - | - | - | - | - | - | 31,000 | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | - | - | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | |
13 |
7.0m | 6.5m | 6.3m | 5.2m | 4.8m | 3.6m | 703,100 | 703,100 | 570,000 | 454,444 | 454,444 | 454,444 | 336,585 | 224,122 | 182,358 | 152,454 | 128,381 | 128,381 | 191,268 | |
130/1 |
- | - | 118,808 | 116,131 | 116,131 | 116,137 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | |
1311 |
- | - | 118,698 | 116,020 | 116,020 | 116,026 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | 111 | 111 | 111 | 111 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
39,332 | 39,332 | 39,332 | 39,332 | 39,332 | 85,127 | - | - | - | - | - | - | - | - | - | - | - | - | 62,888 | |
133 |
7.0m | 6.5m | 6.2m | 5.0m | 4.6m | 3.4m | 700,000 | 700,000 | 566,900 | 451,344 | 451,344 | 451,344 | 333,485 | 221,022 | 179,258 | 149,354 | 125,281 | 125,281 | 125,281 | |
14 |
30,113 | 53,300 | -138,445 | 53,317 | 43,262 | 63,174 | 6,044 | 3,579 | 4,946 | -38,903 | -214,138 | - | - | - | - | - | -16,017 | -12,499 | -59,548 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,382 | |
168 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,382 | |
17/49 |
20.0m | 20.5m | 22.1m | 18.1m | 15.1m | 15.6m | 9.0m | 5.7m | 5.9m | 6.2m | 5.8m | 1.4m | 1.5m | 1.6m | 957,450 | 943,439 | 1.1m | 633,013 | 593,585 | |
17 |
16.6m | 18.2m | 15.9m | 15.5m | 12.2m | 10.7m | 4.6m | 3.4m | 3.8m | 1.2m | 988,293 | 745,382 | 927,084 | 1.1m | 473,948 | 542,341 | 607,695 | 226,215 | - | |
170/4 |
16.6m | 18.2m | 15.9m | 15.5m | 12.2m | 10.7m | 4.6m | 3.3m | 3.8m | 1.1m | 965,693 | 722,782 | 904,484 | 1.1m | 473,948 | 542,341 | 607,695 | 226,215 | - | |
173 |
16.6m | 18.2m | 15.9m | 15.5m | 12.2m | 10.6m | 4.6m | 3.3m | 3.8m | - | - | - | - | - | - | - | - | - | - | |
174 |
- | - | - | - | - | 78,015 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | - | - | - | - | - | |
42/48 |
3.4m | 2.3m | 6.2m | 2.6m | 2.7m | 4.9m | 4.3m | 2.3m | 2.1m | 5.0m | 4.8m | 630,725 | 551,743 | 486,342 | 483,501 | 401,098 | 468,077 | 406,798 | 593,585 | |
42 |
2.6m | 1.6m | 1.5m | 1.4m | 1.4m | 1.2m | 514,397 | 479,117 | 473,958 | 323,711 | 276,260 | 186,751 | 178,065 | 171,003 | 71,661 | 68,484 | 66,491 | 12,181 | - | |
43 |
500,000 | - | - | - | - | - | - | - | - | 1.7m | - | - | - | - | - | - | - | - | - | |
430/8 |
500,000 | - | - | - | - | - | - | - | - | 1.7m | - | - | - | - | - | - | - | - | - | |
44 |
266,137 | 397,416 | 53,677 | 2,038 | 26,985 | 4,746 | 14,618 | 16,553 | 1,952 | 1,952 | 1,029 | 47,190 | 1,952 | 1,952 | 1,952 | 1,952 | - | - | - | |
440/4 |
266,137 | 397,416 | 53,677 | 2,038 | 26,985 | 4,746 | 14,618 | 16,553 | 1,952 | 1,952 | 1,029 | 47,190 | 1,952 | 1,952 | 1,952 | 1,952 | - | - | - | |
45 |
8,948 | 21,890 | 13,011 | 57,789 | 16,748 | 133,738 | 16,254 | 129,346 | 59,851 | 1,450 | 1,274 | 59,081 | 56,971 | 19,294 | 16,450 | 3,887 | 238 | 373 | 538 | |
450/3 |
8,948 | 21,890 | 13,011 | 57,789 | 16,748 | 133,738 | 16,254 | 129,346 | 59,851 | 1,450 | 1,274 | 59,081 | 56,971 | 19,294 | 16,450 | 3,887 | 238 | 373 | 538 | |
47/48 |
- | 240,614 | 4.6m | 1.1m | 1.3m | 3.6m | 3.8m | 1.7m | 1.6m | 3.0m | 4.6m | 337,703 | 314,755 | 294,093 | 393,438 | 326,775 | 401,348 | 394,243 | 593,047 | |
492/3 |
17,766 | 47,265 | 57,191 | 13,687 | 69,404 | 7,165 | 7,170 | 17,391 | - | - | - | - | - | 6,033 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
70/76A |
3.7m | 3.1m | 2.9m | 2.6m | 2.8m | 1.3m | 589,605 | 383,453 | 364,877 | - | - | - | - | - | - | - | - | - | - | |
70 |
3.7m | 3.1m | 2.9m | 2.6m | 2.1m | 1.3m | 589,605 | 383,157 | 364,877 | 347,653 | 292,006 | 253,747 | 253,207 | 236,778 | 107,389 | 107,547 | 48,396 | 29,400 | - | |
74 |
2,860 | 13,969 | 10,517 | 13,671 | 713,824 | 11,171 | - | 296 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
- | - | - | - | - | - | - | - | - | 344,441 | 277,498 | 251,749 | 251,338 | 227,082 | 105,619 | 105,438 | 36,694 | -24,597 | -11,861 | |
60/66A |
2.4m | 1.8m | 2.7m | 1.8m | 1.0m | 1.3m | 397,845 | 106,012 | 80,821 | - | - | - | - | - | - | - | - | - | - | |
60/61 |
- | - | - | - | - | - | - | - | - | 3,212 | 14,507 | 1,997 | 1,868 | 9,696 | 1,770 | 2,110 | 11,703 | 53,997 | 11,861 | |
60 |
- | - | - | - | 5,785 | 319,373 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
600/8 |
- | - | - | - | 5,785 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
609 |
- | - | - | - | - | 319,373 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
61 |
614,826 | 343,489 | 262,212 | 167,097 | 114,028 | 195,461 | 42,436 | 45,876 | 12,087 | - | - | - | - | - | - | - | - | - | - | |
62 |
- | - | - | - | 5,298 | 63 | - | - | - | - | - | - | - | - | - | - | - | - | 516 | |
630 |
1.5m | 1.3m | 1.1m | 1.3m | 828,793 | 779,134 | 294,117 | 49,701 | 58,737 | 113,397 | 440,687 | 25,419 | 25,419 | 105,636 | 25,419 | 25,419 | 25,167 | - | - | |
631/4 |
- | - | - | - | - | -19,047 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
228,350 | 211,279 | 1.3m | 312,155 | 53,311 | 50,663 | 61,293 | 10,435 | 9,997 | 9,965 | 5,422 | 5,250 | 5,129 | 4,970 | 4,858 | 866 | 865 | 1,880 | 11,058 | |
9901 |
1.3m | 1.3m | 212,689 | 837,709 | 1.8m | 5,164 | 191,760 | 277,441 | 284,056 | 221,080 | -168,610 | 221,081 | 220,790 | 116,476 | 75,342 | 79,153 | 10,661 | -26,477 | -23,434 | |
75/76B |
- | - | - | 41 | 6 | - | - | - | - | 3 | 49 | 27 | 45 | 64 | 10 | 37 | 40 | 73 | 14 | |
75 |
- | - | - | 41 | 6 | - | - | - | - | 3 | 49 | 27 | 45 | 64 | 10 | 37 | 40 | 73 | 14 | |
752/9 |
- | - | - | 41 | 6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
478,425 | 507,840 | 406,393 | 284,512 | 238,447 | 197,094 | 188,598 | 76,301 | 66,498 | 45,847 | 45,575 | 45,383 | 52,548 | 56,422 | 33,231 | 35,819 | 22,780 | 21,817 | 6,107 | |
65 |
478,425 | 507,840 | 406,393 | 284,512 | 238,447 | 197,094 | 188,598 | 76,301 | 66,498 | 45,847 | 45,575 | 45,383 | 52,548 | 56,422 | 33,231 | 35,819 | 22,780 | 21,817 | 6,107 | |
650 |
458,862 | 498,307 | 403,577 | 280,128 | 231,514 | 184,592 | 187,201 | 74,378 | 66,498 | - | - | - | - | - | - | - | - | - | - | |
652/9 |
19,563 | 9,533 | 2,816 | 4,384 | 6,933 | 12,502 | 1,398 | 1,923 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
860,761 | 762,576 | -193,703 | 553,239 | 1.5m | -191,930 | 3,161 | 201,140 | 217,558 | 175,236 | -214,136 | 175,724 | 168,287 | 60,118 | 42,120 | 43,372 | -12,079 | -48,221 | -29,528 | |
67/77 |
158,948 | 45,830 | - | 143,184 | 347,879 | 74 | 696 | 69,407 | 58,154 | - | 2 | 57,866 | 55,824 | 18,354 | 12,216 | 3,282 | -8,561 | - | 19,766 | |
670/3 |
158,948 | 45,830 | - | 143,184 | 347,879 | 74 | 696 | 69,407 | 58,154 | - | - | - | - | - | - | - | - | - | - | |
9904 |
701,813 | 716,746 | -193,703 | 410,055 | 1.2m | -192,004 | 2,465 | 131,733 | 159,404 | 175,236 | -214,138 | 117,859 | 112,463 | 41,764 | 29,904 | 40,090 | -3,518 | -15,838 | -49,294 | |
789 |
- | - | - | - | 45,656 | - | - | - | - | - | - | - | - | - | - | - | - | 62,888 | - | |
9905 |
701,813 | 716,746 | -193,703 | 410,055 | 1.2m | -192,004 | 2,465 | 131,733 | 159,404 | 175,236 | -214,138 | 117,859 | 112,463 | 41,764 | 29,904 | 40,090 | -3,518 | 47,049 | -49,294 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
755,113 | 578,300 | -138,445 | 453,317 | 1.3m | 63,174 | 6,044 | 136,679 | 120,502 | -38,903 | -214,138 | 117,859 | 112,463 | 41,764 | 29,904 | 24,073 | -16,017 | -12,499 | -59,548 | |
14P |
53,300 | -138,445 | 55,258 | 43,262 | 63,171 | 255,178 | - | 4,946 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
500,000 | 200,000 | - | 400,000 | 1.2m | - | - | 133,100 | 115,556 | - | - | 117,859 | 112,463 | 41,764 | 29,904 | 24,073 | - | - | - | |
6921 |
500,000 | 200,000 | - | 400,000 | 1.2m | - | - | 133,100 | 115,556 | - | - | 117,859 | 112,463 | 41,764 | 29,904 | 24,073 | - | - | - | |
694/7 |
225,000 | 325,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
225,000 | 325,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | - | - | - | 3.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 44 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 19-06-2026 | 2026-00184501 | |
| 31-12-2024 | full format | 17-06-2025 | 2025-00150384 | |
| 31-12-2023 | full format | 13-06-2024 | 2024-00130894 | |
| 31-12-2022 | full format | 12-06-2023 | 2023-00123392 | |
| 31-12-2021 | full format | 24-06-2022 | 2022-20145582 | |
| 31-12-2020 | full format | 08-07-2021 | 2021-32600513 | |
| 31-12-2019 | full format | 30-06-2020 | 2020-24100158 | |
| 30-06-2018 | full format | 20-12-2018 | 2018-75300200 | |
| 30-06-2017 | full format | 27-01-2018 | 2018-03000303 | |
| 30-06-2016 | abbreviated format | 30-12-2016 | 2016-72200324 | |
| 30-06-2015 | abbreviated format | 11-01-2016 | 2016-00800458 | |
| 30-06-2014 | abbreviated format | 06-01-2015 | 2015-00200323 | |
| 30-06-2013 | abbreviated format | 16-01-2014 | 2014-00900253 | |
| 30-06-2012 | abbreviated format | 08-01-2013 | 2013-00400442 | |
| 30-06-2011 | abbreviated format | 16-01-2012 | 2012-01000023 | |
| 30-06-2010 | abbreviated format | 10-01-2011 | 2011-00600248 | |
| 30-06-2009 | abbreviated format | 31-12-2009 | 2009-91600191 | |
| 30-06-2008 | abbreviated format | 21-01-2009 | 2009-01700369 | |
| 30-06-2007 | abbreviated format | 16-01-2008 | 2008-01700003 | |
| 30-06-2006 | abbreviated format | 29-12-2006 | 2006-94402596 | |
| 30-06-2005 | abbreviated format | 30-01-2006 | 2006-03403172 | |
| 30-06-2004 | abbreviated format | 28-02-2005 | 2005-06300964 | |
| 30-06-2003 | abbreviated format | 22-01-2004 | 2004-02301589 | |
| 30-06-2002 | abbreviated format | 13-02-2003 | 2003-04402151 | |
| 30-06-2001 | abbreviated format | 27-12-2001 | 2001-78203215 | |
| 30-06-2000 | abbreviated format | 01-02-2001 | 2001-03203243 | |
| 30-06-1999 | abbreviated format | 07-01-2000 | 2000-00404406 | |
| 30-06-1998 | abbreviated format | 18-01-1999 | 1999-01202939 | |
| 30-06-1997 | abbreviated format | 20-01-1998 | 1998-01202285 | |
| 30-06-1996 | abbreviated format | 08-01-1997 | 1997-00302371 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.9m | 2.5m | 1.3m | 2.1m | 2.6m | 784,298 | 485,876 | 327,142 | 342,793 | 334,477 | 272,077 | 246,500 | 246,209 | 222,112 | 100,761 | 104,572 | 35,828 | - | - | ||
| 2.3m | 2.0m | 917,850 | 1.7m | 2.0m | 587,130 | 296,582 | 181,434 | 218,141 | 288,633 | 226,549 | 143,277 | 137,882 | 147,400 | 55,323 | 65,509 | 21,649 | - | - | ||
| 1.7m | 7.4m | 8.3m | 5.7m | 181,538 | 6.7m | 2.9m | 115,200 | 0 | 586,146 | 4.6m | 68,365 | 0 | 764,824 | 79,543 | 4,779 | 503,346 | - | 490,000 | ||
| 206,889 | -188,051 | 245,681 | -33,327 | -412,599 | 333,386 | 142,952 | -39,741 | 6,133 | 31,777 | 17,090 | -21,108 | 16,048 | 19,087 | -10,209 | -4,355 | 13,830 | 1,197 | - | ||
| -117,816 | 1.2m | -5.8m | -1.5m | -674,532 | -4.3m | -3.6m | -2.3m | -2.0m | -4.9m | -4.8m | -607,553 | -500,763 | -458,110 | -474,357 | -381,744 | -377,120 | -276,903 | -454,897 | ||
| 35.9% | 41.4% | 7.3% | 32.4% | 85.8% | 0.4% | 32.5% | 72.4% | 77.8% | 63.6% | -57.7% | 87.1% | 87.2% | 49.2% | 70.2% | 73.6% | 22.0% | -90.1% | - | ||
| 40.7% | 39.3% | 25.0% | 26.1% | 28.5% | 23.5% | 7.6% | 11.5% | 9.3% | 6.8% | 4.5% | 26.1% | 19.9% | 13.8% | 18.2% | 16.3% | 11.8% | 18.8% | 20.6% | ||
| 0.97 | 1.54 | 0.06 | 0.43 | 0.75 | 0.13 | 0.16 | 0.02 | 0.04 | 0.02 | 0.01 | 0.04 | 0.09 | 0.06 | 0.02 | 0.05 | 0.19 | 0.32 | 0.23 | ||
| 1.46 | 1.55 | 2.99 | 2.82 | 2.51 | 3.25 | 12.10 | 7.72 | 9.80 | 13.77 | 21.46 | 2.83 | 4.02 | 6.25 | 4.49 | 5.14 | 7.50 | 4.31 | 3.65 | ||
| 5.1% | 5.4% | -2.6% | 6.4% | 19.7% | -4.0% | 0.3% | 17.9% | 26.3% | 39.2% | -78.9% | 24.3% | 30.6% | 16.4% | 14.0% | 21.9% | -2.5% | -10.8% | -30.3% | ||
| 2.1% | 2.1% | -0.7% | 1.7% | 5.6% | -0.9% | 0.0% | 2.0% | 2.4% | 2.7% | -3.5% | 6.3% | 6.1% | 2.3% | 2.6% | 3.6% | -0.3% | -2.0% | -6.3% | ||
| 6.29 | 5.08 | 3.28 | 7.57 | 11.21 | 4.25 | 2.60 | 4.40 | 5.15 | - | - | - | - | - | - | - | - | - | - | ||
| 1 day | 4 days | 8 days | 39 days | 1 day | 4 days | 282 days | - | 9 days | 9 days | 11 days | - | 10 days | - | - | - | 17 days | 1490 days | - | ||
| 158 days | 422 days | 75 days | 4 days | 82 days | 3 days | 126 days | 132 days | 59 days | 222 days | 26 days | 8624 days | 381 days | 73 days | 403 days | 338 days | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €16.6m | €18.2m | €15.9m | €15.5m | €13.6m |
| Mortgages, amount registered | €12.4m | €12.4m | €12.4m | €12.4m | €12.4m |
| Carrying value of the mortgaged assets | €12.4m | €12.8m | €13.4m | €13.8m | €14.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.7m | €7.4m | €8.3m | €5.7m | €181,538 |
| €1.5m | €1.3m | €1.1m | €1.3m | €828,793 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 5% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 60.7% to 59.3%. Equity is higher and debt is lower.
Source: parent in its own accounts, lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of JENMABO. Every holding stands with its own latest accounts.
| JENMABO
registered office since 20-11-2002 · founded in 2002 |
turnover €402,651 (2025) 0478.882.664 |
| DMC Multimerk Carrosserie
establishment since 01-10-2026 · founded in 1991 · group NAYARIT PARTICIPATIONS |
76 FTE (2025) 0444.498.936 |
| DMC Multimerk Carrosserie Brussels
registered office since 24-04-1998 · founded in 1997 · group NAYARIT PARTICIPATIONS |
57 FTE (2025) 0462.047.721 |
| JENCON
registered office since 30-06-2022 · founded in 2022 · negative equity (2025) |
total assets €8.4m (2025) 0787.844.490 |
| REI Belgium Mechelen
registered office since 20-02-2006 · founded in 2006 |
total assets €6.2m (2025) 0879.475.343 |
| BELTERRA
registered office since 30-06-2022 · founded in 2022 |
total assets €5.5m (2025) 0787.844.391 |
| V.S.G.
registered office since 06-06-1989 · founded in 1989 |
total assets €4.4m (2025) 0437.557.201 |
| IMMO SIESTA
registered office since 05-07-2018 · founded in 2018 |
total assets €3.7m (2025) 0699.638.630 |
| Immo Sas
registered office since 11-07-2024 · founded in 2024 |
total assets €3.1m (2025) 1011.464.728 |
| VOS
registered office since 29-06-1999 · founded in 1991 · negative equity (2025) |
total assets €2.1m (2025) 0446.196.931 |
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
This company merged into J-PROJECT on 05-01-2021.
The network starts from the directors of J-PROJECT. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
J-PROJECT was incorporated on 12 September 1995.1 Between 2020 and 2021 the capital was increased 4 times, most recently to €1.2m.234 In 2021 the company absorbed BODY MAGIC, COEKAERTS and IMMO JENNES MACHELEN by merger.567 The registered office was moved to Kampenhout in 2023.8 The board currently has 2 members.9 Turnover grew from €2.9m in 2023 to €3.7m in 2025.10
| Establishment | Since | Unit number |
|---|---|---|
| Mechelsesteenweg 31 registered office 1910 Kampenhout | ||
| SIBEL Pastoor Legrandstraat 12, 3012 Leuven 38210 Materials recovery from waste | 02-10-1995 | 2.073.248.405 |
| 27-07-2023 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen submitted 31-12-2022 · project 2022172135 | Provincie Vlaams-Brabant |
| 05-05-2022 | Discontinued | Bouwen of herbouwen; Nieuwbouw of aanleggen submitted 22-12-2021 · project 2021176422 | Provincie Vlaams-Brabant |
| 09-07-2020 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen; Verbouwen / Wijzigen Infrastructuur submitted 10-12-2019 · project 2019152004 | Provincie Vlaams-Brabant |
| 27-03-2020 | Refused | Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) submitted 07-02-2020 · project 2020016534 | Aarschot |
| 21-02-2020 | Refused | Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) submitted 16-12-2019 · project 2019157841 | Aarschot |
| 09-12-2019 | Discontinued | Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) submitted 04-12-2019 · project 2019152006 | Aarschot |
| 03-12-2019 | Discontinued | Bouwen of herbouwen; Nieuwbouw of aanleggen; Verbouwen / Wijzigen Infrastructuur submitted 28-10-2019 · project 2019132682 | Kampenhout |
| 27-09-2019 | Granted | Bouwen of herbouwen submitted 22-05-2019 · project 2019037433 | Aarschot |
| 21-03-2019 | Granted | Nieuwbouw of aanleggen submitted 06-02-2019 · project 2019014614 | Kampenhout |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23038A0437/00A000 | 1.4 ha | 1 · 5,030 m² | 0.4 m |
| 24126D0272/00H002 | 1.4 ha | 1 · 943 m² | 6.9 m · 2 |
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