JAM & CO
ActiveThe computed 12-month bankruptcy probability of JAM & CO is 3.9% (moderate). The 2024 annual accounts show equity of €137k and a net result of €139k. Equity is growing by ~471.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 6717 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100▲+100
Solvency79▲+79
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 0.09 in 2022; short-term debt: 45.8% and cash: 21.4% of total assets), and 45.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2022
25 d early
2021
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€137k
2022 · €-2k
2021: €9k
2022: €-2k
2021 → 2024
Total assets
€253k▲ 4,404%
2022 · €6k
2021: €11k
2022: €6k
2021 → 2024
Net result
€139k
2022 · €-11k
2021: €-5k
2022: €-11k
2021 → 2024
Working capital
€83k
2022 · €-7k
2021: €-1k
2022: €-7k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222024Trend
Equity€9k-€-2k€137k
Operating result€-5k-€-11k▼ 149%€139k
Net result€-5k-€-11k▼ 149%€139k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €139k in 2024, compared with €-11k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €253k
Fixed assets
€55k▲ 1,006%
Current assets
€199k▲ 29,222%
Equity and liabilities €253k
Equity
€137k
Debt
€116k
Debt finances 45.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€157k▲
2022 · €-6k
Cash flow
€156k▲
2022 · €-6k
Solvency
54.2%▲
2022 · -39.5%
Current ratio
1.71▲
2022 · 0.09
Quick ratio
1.71▲
2022 · 0.09
Debt / equity
0.84▲
2022 · -3.53
ROE
101.0%
ROA
54.7%▲
2022 · -200.8%
Interest coverage
1020.32▲
2022 · -38847.27
Debt
€116k▲
2022 · €8k
Debt ≤ 1 year
€116k▲
2022 · €8k
Staff costs
€51k
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 · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€6k€253k▲
Fixed assets21/28€5k€55k▲
Tangible fixed assets22/27€5k€54k▲
Furniture and vehicles24€5k€54k▲
Financial fixed assets28€78€878▲
Current assets29/58€677€199k▲
Amounts receivable within one year40/41€603€144k▲
Trade receivables40-€144k
Other amounts receivable41€603-
Cash at bank and in hand54/58€74€54k▲
Equity and liabilities
Total equity and liabilities10/49€6k€253k▲
Equity10/15€-2k€137k▲
Contributions10/11€14k€14k=
Profit (loss) carried forward14€-16k€124k▲
Amounts payable17/49€8k€116k▲
Amounts payable within one year42/48€8k€116k▲
Trade debts44€753€71k▲
Suppliers440/4€753€71k▲
Taxes, remuneration and social security45-€39k
Taxes450/3-€6k
Remuneration and social security454/9-€33k
Other amounts payable47/48€7k€6k▼
Income statement
Code20222024
Goods, raw materials, services and sundry goods60/61€6k-
Remuneration, social security and pensions62-€51k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€18k▲
Other operating charges640/8-€2k
Gross operating margin9900€-6k€209k▲
Operating profit (loss)9901€-11k€139k▲
Financial charges65/66B€0€153▲
Recurring financial charges65€0€153▲
Profit (loss) for the period before taxes9903€-11k€139k▲
Profit (loss) for the period9904€-11k€139k▲
Profit (loss) for the period to be appropriated9905€-11k€139k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€124k▲
Profit (loss) brought forward from the previous period14P€-5k€-15k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Back to profitnet €139k
Net result €139k after 2 loss-making years.
31-12
Financial
Liquidity times 20current ratio 1.71
Current ratio from 0.09 to 1.71.
31-12
Financial
Equity above €100kEq €137k
Equity rises from €-2k to €137k.
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Ternat · 2 establishment units since 2021
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.
Assesteenweg 116A1740 TernatGround area
254 m²
Building footprint
206 m²
Volume, LiDAR
2,112 m³
2 parcels, Brussels, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
JAM & CO
since 20212.316.673.863
JAM AND CO
since 20212.355.964.011
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0491/00B002 | Brussels | 172 m² | 1 · 147 m² | 17.7 m · 5 fl. |
| 23086A0354/00K002 | Flanders | 82 m² | 1 · 58 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
RENOTAX & MICHIELS
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Lier · Eq €138k
CITY TAX
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CONCEPT M & H
BE 0659.683.439
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Operational Management Solution
BE 0537.691.586
Namur · Eq €137k
Luchthavenvervoer-VDW
BE 0663.780.601
Kortemark · Eq €136k
Of 6,687 companies in sector 49330 we hold annual accounts for 2,291. 1,431 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2021
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:BAYABODABBOUSMOHAMAD@GMAIL.COM
Phone:0465312218