JAMAN
ActiveSummary
JAMAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.07M and a net result of €-142k. Equity is shrinking by ~27.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▲+1
Solvency57▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.74 in 2024; short-term debt: 10.8% and cash: 0.2% of total assets), and 68.3% 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+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
31.7%
Return on assets
-1.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18202122232425
2018 to 2025 · latest year €-142k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
13 d late
2023
2 d early
2022
4 d early
2021
2 d early
2020
18 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.97M
EBIT margin
57.8%
Net result
€-142k▲ 14.2%
2024 · €-165k
2018: €983k
2020: €-141k
2021: €-133k
2022: €-23.95M
2023: €-4.29M
2024: €-165k
2018 → 2025
Working capital
€-374k▼ 61.2%
2024 · €-232k
2018: €-9.16M
2020: €344k
2021: €211k
2022: €77k
2023: €-67k
2024: €-232k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31.63M-€7.67M▼ 75.7%€3.38M▼ 56.0%€3.21M▼ 4.9%€3.07M▼ 4.4%
Operating result€-7k-€-7k▲ 2.6%€-5k▲ 23.8%€-5k▲ 12.3%€14k
Net result€-133k-€-23.95M▼ 17,846%€-4.29M▲ 82.1%€-165k▲ 96.1%€-142k▲ 14.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.69M
Fixed assets
€9.02M =
Current assets
€677k ▲ 3.6%
Equity and liabilities €9.69M
Equity
€3.07M ▼ 4.4%
Debt
€6.62M ▲ 2.6%
Debt's share of the balance-sheet total rises from 66.8% to 68.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.64▼
2024 · 0.74
Debt to equity
2.16▲
2024 · 2.01
ROE
-4.6%▲
2024 · -5.1%
ROA
-1.5%▲
2024 · -1.7%
Debt ≤ 1 year
€1.05M▲
2024 · €886k
Debt > 1 year
€5.57M=
2024 · €5.57M
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.67M€9.69M▲
Fixed assets21/28€9.02M€9.02M=
Financial fixed assets28€9.02M€9.02M=
Affiliated companies280/1€9.02M€9.02M=
Participating interests280€9.02M€9.02M=
Current assets29/58€653k€677k▲
Amounts receivable within one year40/41€653k€661k▲
Trade receivables40€540k€540k=
Other amounts receivable41€114k€121k▲
Cash at bank and in hand54/58€149€16k▲
Equity and liabilities
Total equity and liabilities10/49€9.67M€9.69M▲
Equity10/15€3.21M€3.07M▼
Contributions10/11€14.54M€14.54M=
Profit (loss) carried forward14€-11.33M€-11.47M▼
Amounts payable17/49€6.46M€6.62M▲
Amounts payable after more than one year17€5.57M€5.57M=
Financial debts170/4€5.57M€5.57M=
Subordinated loans170€5.57M€5.57M=
Amounts payable within one year42/48€886k€1.05M▲
Other amounts payable47/48€886k€1.05M▲
Income statement
Code20242025
Operating income70/76A-€19k
Other operating income74-€19k
Operating charges60/66A€5k€5k▲
Services and other goods61€4k€4k▼
Other operating charges640/8€361€1k▲
Operating profit (loss)9901€-5k€14k▲
Financial income75/76B€8k€8k▼
Recurring financial income75€8k€8k▼
Income from current assets751€8k€8k▼
Financial charges65/66B€169k€164k▼
Recurring financial charges65€169k€164k▼
Debt charges650€169k€164k▼
Other financial charges652/9€538€271▼
Profit (loss) for the period before taxes9903€-165k€-142k▲
Profit (loss) for the period9904€-165k€-142k▲
Profit (loss) for the period to be appropriated9905€-165k€-142k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11.33M€-11.47M▼
Profit (loss) brought forward from the previous period14P€-11.16M€-11.33M▼
The notes to these accounts (21 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
22-09
State Gazette act
Reappointments: Alan Walsh (director) and EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Christophe Beckers4 facts ▸
State Gazette act
Reappointments: Alan Walsh (director) and EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Christophe Beckers4 facts ▸
- General meeting, 20-08-2026
- Director reappointment, Alan Walsh (director)
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Christophe Beckers (permanent representative)
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 13 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-23.95M
Net result drops to €-23.95M, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity times 10current ratio 1.82
Current ratio from 0.19 to 1.82; short-term debt falls from €11.31M to €420k.
31-12
Financial
Equity above €25MEq €31.76M ▲84.3%
Equity rises from €17.23M to €31.76M.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 42 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 17 acts read
About the unread acts
Of the 17 Belgian State Gazette acts we know for this company, 1 has been read. The other 16 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director
Alan Walsh
CurrentDirector
Not every act has been read: a resignation may be missing here
16 of this company's 17 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lommel · 1 establishment unit since 2002
Ground area
2.8 ha
Building footprint
1.1 ha
Volume, LiDAR
86,186 m³
Parcel 72020C1408/00G021, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Gerard Mercatorstraat 15, 3920 Lommel
since 20022.115.611.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1408/00G021 | Flanders | 2.8 ha | 1 · 1.1 ha | 10.3 m · 3 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.
Statutory auditor
1 auditor| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Christophe Beckers | 22-09-2026 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2002
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.