Summary
JAMASIN has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €5.57M and a net result of €811k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 17% of 991 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €5.57M
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 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
2 d early
2022
on the day
2021
on the day
2020
4 d early
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€5.57M▲ 17.0%
2023 · €4.76M
2018: €4.93M
2019: €4.61M▼ -6.6% vs 2018
2020: €4.37M▼ -5.1% vs 2019
2021: €4.24M▼ -2.9% vs 2020
2022: €4.16M▼ -1.9% vs 2021lowest in 7 years
2023: €4.76M▲ +14.5% vs 2022
2024: €5.57M▲ +17.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€65.56M▲ 6.2%
2023 · €61.71M
2018: €41.42M
2019: €40.91M▼ -1.2% vs 2018
2020: €40.83M▼ -0.2% vs 2019lowest in 7 years
2021: €42.99M▲ +5.3% vs 2020
2022: €46.99M▲ +9.3% vs 2021
2023: €61.71M▲ +31.3% vs 2022
2024: €65.56M▲ +6.2% vs 2023highest in 7 years
2018 → 2024
Net result
€811k▲ 34.6%
2023 · €602k
2018: €-270k
2019: €-323k▼ -19.6% vs 2018lowest in 7 years
2020: €-234k▲ +27.7% vs 2019
2021: €-129k▲ +44.9% vs 2020
2022: €-81k▲ +36.7% vs 2021
2023: €602k▲ +840% vs 2022
2024: €811k▲ +34.6% vs 2023highest in 7 years
2018 → 2024
Working capital
€-2.14M▼ 106%
2023 · €-1.04M
2018: €-11.80M
2019: €-13.16M▼ -11.5% vs 2018
2020: €-12.90M▲ +2.0% vs 2019
2021: €-15.17M▼ -17.7% vs 2020
2022: €-15.67M▼ -3.3% vs 2021lowest in 7 years
2023: €-1.04M▲ +93.4% vs 2022highest in 7 years
2024: €-2.14M▼ -106% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.37M-€4.24M▼ 2.9%€4.16M▼ 1.9%€4.76M▲ 14.5%€5.57M▲ 17.0%
2020: €4.37M
2021: €4.24M▼ -2.9% vs 2020
2022: €4.16M▼ -1.9% vs 2021lowest in 5 years
2023: €4.76M▲ +14.5% vs 2022
2024: €5.57M▲ +17.0% vs 2023highest in 5 years
Operating result€71k-€88k▲ 23.6%€121k▲ 38.1%€146k▲ 20.5%€149k▲ 2.0%
2020: €71klowest in 5 years
2021: €88k▲ +23.6% vs 2020
2022: €121k▲ +38.1% vs 2021
2023: €146k▲ +20.5% vs 2022
2024: €149k▲ +2.0% vs 2023highest in 5 years
Net result€-234k-€-129k▲ 44.9%€-81k▲ 36.7%€602k€811k▲ 34.6%
2020: €-234klowest in 5 years
2021: €-129k▲ +44.9% vs 2020
2022: €-81k▲ +36.7% vs 2021
2023: €602k▲ +840% vs 2022
2024: €811k▲ +34.6% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65.56M
Fixed assets
€49.66M ▲ 6.8%
Current assets
€15.90M ▲ 4.5%
Equity and liabilities €65.56M
Equity
€5.57M ▲ 17.0%
Debt
€59.98M ▲ 5.3%
Debt's share of the balance-sheet total falls from 92.3% to 91.5%. Equity and debt are higher.
Key figures and ratios
ROE
14.5%▲
2023 · 12.6%
ROA
1.2%▲
2023 · 1.0%
Debt ≤ 1 year
€18.04M▲
2023 · €16.25M
Debt > 1 year
€41.78M▲
2023 · €40.53M
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 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€61.71M€65.56M▲
Fixed assets21/28€46.49M€49.66M▲
Tangible fixed assets22/27€3.93M€3.73M▼
Land and buildings22€3.80M€3.61M▼
Furniture and vehicles24€126k€126k=
Financial fixed assets28€42.56M€45.93M▲
Current assets29/58€15.22M€15.90M▲
Amounts receivable after more than one year29€13.90M€13.42M▼
Trade receivables290€13.90M€13.42M▼
Amounts receivable within one year40/41€243k€213k▼
Other amounts receivable41€243k€213k▼
Cash at bank and in hand54/58€271k€1.47M▲
Deferred charges and accrued income490/1€801k€805k▲
Equity and liabilities
Total equity and liabilities10/49€61.71M€65.56M▲
Equity10/15€4.76M€5.57M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€5.59M€5.59M=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€1k€1k=
Tax-exempt reserves132€5.58M€5.58M=
Profit (loss) carried forward14€-884k€-73k▲
Amounts payable17/49€56.94M€59.98M▲
Amounts payable after more than one year17€40.53M€41.78M▲
Financial debts170/4€5.25M€6.85M▲
Other amounts payable178/9€35.27M€34.93M▼
Amounts payable within one year42/48€16.25M€18.04M▲
Current portion of amounts payable after more than one year42€251k€1.93M▲
Trade debts44€116k€31k▼
Suppliers440/4€116k€31k▼
Taxes, remuneration and social security45€219€463▲
Taxes450/3€219€463▲
Other amounts payable47/48€15.89M€16.09M▲
Accrued charges and deferred income492/3€162k€161k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€202k€203k▲
Other operating charges640/8€25k€27k▲
Gross operating margin9900€374k€380k▲
Operating profit (loss)9901€146k€149k▲
Financial income75/76B€805k€993k▲
Recurring financial income75€805k€993k▲
Financial charges65/66B€349k€332k▼
Recurring financial charges65€347k€329k▼
Non-recurring financial charges66B€2k€3k▲
Profit (loss) for the period before taxes9903€602k€811k▲
Profit (loss) for the period9904€602k€811k▲
Profit (loss) for the period to be appropriated9905€602k€811k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-884k€-73k▲
Profit (loss) brought forward from the previous period14P€-1.49M€-884k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €196k | €204k | €202k | €202k | €203k | ▲ 0.4% |
| Other operating charges640/8 | - | €22k | €23k | €25k | €27k | ▲ 8.8% |
| Gross operating margin9900 | €290k | €314k | €346k | €374k | €380k | ▲ 1.6% |
| Operating profit (loss)9901 | €71k | €88k | €121k | €146k | €149k | ▲ 2.0% |
| Financial income75/76B | - | €41k | €99k | €805k | €993k | ▲ 23.4% |
| Recurring financial income75 | €50k | €41k | €99k | €805k | €993k | ▲ 23.4% |
| Non-recurring financial income76B | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €257k | €302k | €349k | €332k | ▼ 4.8% |
| Recurring financial charges65 | €353k | €257k | €297k | €347k | €329k | ▼ 5.1% |
| Non-recurring financial charges66B | - | €470 | €5k | €2k | €3k | ▲ 33.2% |
| Profit (loss) for the period before taxes9903 | €-234k | €-129k | €-81k | €602k | €811k | ▲ 34.6% |
| Profit (loss) for the period9904 | €-234k | €-129k | €-81k | €602k | €811k | ▲ 34.6% |
| Profit (loss) for the period to be appropriated9905 | €-234k | €-129k | €-81k | €602k | €811k | ▲ 34.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €40.83M | €42.99M | €46.99M | €61.71M | €65.56M | ▲ 6.2% |
| Fixed assets21/28 | €39.31M | €42.69M | €46.40M | €46.49M | €49.66M | ▲ 6.8% |
| Tangible fixed assets22/27 | €4.33M | €4.31M | €4.12M | €3.93M | €3.73M | ▼ 5.0% |
| Land and buildings22 | - | €4.18M | €4.00M | €3.80M | €3.61M | ▼ 5.1% |
| Furniture and vehicles24 | - | €126k | €126k | €126k | €126k | = |
| Assets under construction and advance payments27 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €34.97M | €38.38M | €42.28M | €42.56M | €45.93M | ▲ 7.9% |
| Current assets29/58 | €1.52M | €298k | €587k | €15.22M | €15.90M | ▲ 4.5% |
| Amounts receivable after more than one year29 | - | - | - | €13.90M | €13.42M | ▼ 3.5% |
| Trade receivables290 | - | - | - | €13.90M | €13.42M | ▼ 3.5% |
| Amounts receivable within one year40/41 | €588k | €8k | €0 | €243k | €213k | ▼ 12.0% |
| Other amounts receivable41 | - | €8k | €0 | €243k | €213k | ▼ 12.0% |
| Cash at bank and in hand54/58 | €894k | €249k | €496k | €271k | €1.47M | ▲ 440% |
| Deferred charges and accrued income490/1 | - | €41k | €91k | €801k | €805k | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €40.83M | €42.99M | €46.99M | €61.71M | €65.56M | ▲ 6.2% |
| Equity10/15 | €4.37M | €4.24M | €4.16M | €4.76M | €5.57M | ▲ 17.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €5.59M | €5.59M | €5.59M | €5.59M | €5.59M | = |
| Non-distributable reserves130/1 | - | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | - | €1k | €1k | €1k | €1k | = |
| Tax-exempt reserves132 | - | €5.58M | €5.58M | €5.58M | €5.58M | = |
| Profit (loss) carried forward14 | €-1.28M | €-1.40M | €-1.49M | €-884k | €-73k | ▲ 91.7% |
| Amounts payable17/49 | €36.46M | €38.75M | €42.82M | €56.94M | €59.98M | ▲ 5.3% |
| Amounts payable after more than one year17 | €21.92M | €23.14M | €26.41M | €40.53M | €41.78M | ▲ 3.1% |
| Financial debts170/4 | - | €2.43M | €5.28M | €5.25M | €6.85M | ▲ 30.3% |
| Other amounts payable178/9 | - | €20.72M | €21.13M | €35.27M | €34.93M | ▼ 1.0% |
| Amounts payable within one year42/48 | €14.42M | €15.47M | €16.26M | €16.25M | €18.04M | ▲ 11.0% |
| Current portion of amounts payable after more than one year42 | - | €247k | €249k | €251k | €1.93M | ▲ 667% |
| Trade debts44 | €73k | €87k | €117k | €116k | €31k | ▼ 73.7% |
| Suppliers440/4 | - | €87k | €117k | €116k | €31k | ▼ 73.7% |
| Taxes, remuneration and social security45 | - | - | €260 | €219 | €463 | ▲ 111% |
| Taxes450/3 | - | - | €260 | €219 | €463 | ▲ 111% |
| Other amounts payable47/48 | - | €15.14M | €15.89M | €15.89M | €16.09M | ▲ 1.3% |
| Accrued charges and deferred income492/3 | - | €133k | €159k | €162k | €161k | ▼ 0.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-234k | €-129k | €-81k | €602k | €811k | ▲ 34.6% |
| + Depreciation and write-downs630 | €196k | €204k | €202k | €202k | €203k | ▲ 0.4% |
| Operating cash flow (approximation) | €-37k | €75k | €120k | €805k | €1.01M | ▲ 26.0% |
| Investment in fixed assets (approximation) | - | €-3.59M | €-3.91M | €-295k | €-3.37M | ▼ 1,044% |
| Change in cash | - | €-645k | €248k | €-225k | €1.19M | ▲ 631% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €811k ▲34.6%
Operating result €149k, net result €811k, both a record.
31-12
Financial
Equity above €5MEq €5.57M ▲17%
2 profitable years in a row build equity to €5.57M.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €602k
Net result €602k after 5 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-323k
Net result drops to €-323k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
25-07
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.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 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, Waasmunster · 1 establishment unit since 2001
Ground area
1.5 ha
Building footprint
1,031 m²
Volume, LiDAR
8,416 m³
Parcel 42023A0775/00D000, Flanders · tallest building 17.2 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Baverikstraat 27, 9250 Waasmunster
since 20012.097.983.207
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023A0775/00D000 | Flanders | 1.5 ha | 1 · 1,031 m² | 17.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 881 companies in sector 77229 we hold annual accounts for 319. 59 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
77229Renting and leasing of other personal and household goods
68122Development of non-residential building projects
64210Activities of holding companies
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.