JAMENE
InactiveInactive; last annual accounts for fiscal year 2024.
Overview
What they do
Activity not known
How big
€612,256total assets 2024
- Equity
- €467,288
- Profit
- €20,211
Financially healthy?
Inactive: no score
Who decides
- Parent
- M.G.S. · 99%
Accounts filed 70 d late0 of 6 deeds read
SignalsFiled after the deadlineShow the evidence
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-07-2024 was due by 28-02-2025 and was filed on 09-05-2025, 70 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
2024
70 d late
2023
on the day
2022
21 d late
2021
26 d early
2020
25 d early
2019
14 d late
2018
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet €20,211 ▼60.4%
- Annual accounts filedfiscal year 2023 · full…
Financials
Fiscal year 2024Total assets €612,256Profit €20,211Solvency 76.3%Liquidity 0.71
Turnover
€144,000=
2018 - 2022
Net result
€20,211▼ 60.4%
2018 - 2024
Equity
€467,288▲ 4.5%
2018 - 2024
Solvency
76.3%▲ 2.3pp
2018 - 2024
Financials · fiscal year 2024, full schema
Trend over the years
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€144,000=€144,000=€144,000=
Operating result€80,956▼ 3.2%€77,186▼ 4.7%€80,925▲ 4.8%€75,664▼ 6.5%€40,141▼ 46.9%
Net result€58,963▼ 0.5%€63,070▲ 7.0%€60,871▼ 3.5%€51,068▼ 16.1%€20,211▼ 60.4%
EBIT margin56.2%▼ 1.8pp53.6%▼ 2.6pp56.2%▲ 2.6pp
Equity€272,068▲ 27.7%€335,138▲ 23.2%€396,009▲ 18.2%€447,078▲ 12.9%€467,288▲ 4.5%
Total assets€713,092▼ 7.5%€688,594▼ 3.4%€659,465▼ 4.2%€603,715▼ 8.5%€612,256▲ 1.4%
Debt€441,024▼ 20.9%€353,456▼ 19.9%€263,456▼ 25.5%€156,637▼ 40.5%€144,967▼ 7.5%
Working capital-€395,114▲ 20.4%-€289,784▲ 26.7%-€186,703▲ 35.6%-€89,844▲ 51.9%-€38,690▲ 56.9%
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 47% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €612,256
Fixed assets
€515,937 ▼ 4.6%
Current assets
€96,319 ▲ 52.5%
Equity and liabilities €612,256
Equity
€467,288 ▲ 4.5%
Debt
€144,967 ▼ 7.5%
Debt's share of the balance-sheet total falls from 25.9% to 23.7%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€64,756▼
2023 · €117,874
Cash flow
€44,825▼
2023 · €93,278
Current ratio
0.71▲
2023 · 0.41
Debt to equity
0.31▼
2023 · 0.35
ROE
4.3%▼
2023 · 11.4%
ROA
3.3%▼
2023 · 8.5%
Interest coverage
575.56▼
2023 · 785.83
Debt ≤ 1 year
€135,009▼
2023 · €153,007
Income taxes
€19,818▼
2023 · €24,461
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €144,000 | €144,000 | €144,000 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €9,450 | €5,885 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,211 | €42,210 | €42,210 | €42,210 | €24,615 | ▼ 41.7% |
| Other operating charges640/8 | - | €15,154 | €14,980 | €16,500 | €9,958 | ▼ 39.6% |
| Gross operating margin9900 | €138,213 | €134,550 | €138,115 | €134,375 | €74,715 | ▼ 44.4% |
| Operating profit (loss)9901 | €80,956 | €77,186 | €80,925 | €75,664 | €40,141 | ▼ 46.9% |
| Financial income75/76B | - | - | €387 | €15 | - | - |
| Recurring financial income75 | - | - | €387 | €15 | - | - |
| Financial charges65/66B | - | €142 | €150 | €150 | €113 | ▼ 25.0% |
| Recurring financial charges65 | €120 | €142 | €150 | €150 | €113 | ▼ 25.0% |
| Profit (loss) for the period before taxes9903 | €80,836 | €77,044 | €81,162 | €75,529 | €40,029 | ▼ 47.0% |
| Income taxes67/77 | €21,873 | €13,974 | €20,291 | €24,461 | €19,818 | ▼ 19.0% |
| Profit (loss) for the period9904 | €58,963 | €63,070 | €60,871 | €51,068 | €20,211 | ▼ 60.4% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €25,260 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €3,900 | - | - |
| Profit (loss) for the period to be appropriated9905 | €37,603 | €63,070 | €60,871 | €47,168 | €45,471 | ▼ 3.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €713,092 | €688,594 | €659,465 | €603,715 | €612,256 | ▲ 1.4% |
| Fixed assets21/28 | €667,182 | €624,922 | €582,712 | €540,552 | €515,937 | ▼ 4.6% |
| Tangible fixed assets22/27 | €667,132 | €624,922 | €582,712 | €540,502 | €515,887 | ▼ 4.6% |
| Land and buildings22 | - | €624,922 | €582,712 | €540,502 | €515,887 | ▼ 4.6% |
| Financial fixed assets28 | €50 | - | - | €50 | €50 | = |
| Current assets29/58 | €45,910 | €63,672 | €76,753 | €63,163 | €96,319 | ▲ 52.5% |
| Amounts receivable after more than one year29 | - | €50 | €50 | - | - | - |
| Other amounts receivable291 | - | €50 | €50 | - | - | - |
| Amounts receivable within one year40/41 | - | - | €3,710 | €9,811 | €9,993 | ▲ 1.9% |
| Other amounts receivable41 | - | - | €3,710 | €9,811 | €9,993 | ▲ 1.9% |
| Cash at bank and in hand54/58 | €45,910 | €27,622 | €36,993 | €53,352 | €2,326 | ▼ 95.6% |
| Deferred charges and accrued income490/1 | - | €36,000 | €36,000 | - | €84,000 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €713,092 | €688,594 | €659,465 | €603,715 | €612,256 | ▲ 1.4% |
| Equity10/15 | €272,068 | €335,138 | €396,009 | €447,078 | €467,288 | ▲ 4.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Reserves13 | €253,468 | €316,538 | €377,409 | €428,478 | €448,688 | ▲ 4.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €21,360 | €21,360 | €25,260 | - | - |
| Distributable reserves133 | - | €293,318 | €354,189 | €403,218 | €448,688 | ▲ 11.3% |
| Amounts payable17/49 | €441,024 | €353,456 | €263,456 | €156,637 | €144,967 | ▼ 7.5% |
| Amounts payable within one year42/48 | €441,024 | €353,456 | €263,456 | €153,007 | €135,009 | ▼ 11.8% |
| Trade debts44 | - | €3,630 | €3,630 | - | €2,002 | - |
| Suppliers440/4 | - | €3,630 | €3,630 | - | €2,002 | - |
| Taxes, remuneration and social security45 | - | €9,811 | €9,811 | €3,007 | €3,007 | = |
| Taxes450/3 | - | €9,811 | €9,811 | €3,007 | €3,007 | = |
| Other amounts payable47/48 | - | €340,015 | €250,015 | €150,000 | €130,000 | ▼ 13.3% |
| Accrued charges and deferred income492/3 | - | - | - | €3,630 | €9,958 | ▲ 174% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,963 | €63,070 | €60,871 | €51,068 | €20,211 | ▼ 60.4% |
| + Depreciation and write-downs630 | €42,211 | €42,210 | €42,210 | €42,210 | €24,615 | ▼ 41.7% |
| Operating cash flow (approximation) | €101,174 | €105,280 | €103,081 | €93,278 | €44,825 | ▼ 51.9% |
| Investment in fixed assets (approximation) | - | €50 | €0 | -€50 | €0 | ▲ 100% |
| Change in cash | - | -€18,288 | €9,371 | €16,359 | -€51,026 | ▼ 412% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
Parent M.G.S. · 99%
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 ownerChain of control
- M.G.S.
- JAMENE
Highest known parent: M.G.S.. The sources do not say who stands above it.
Owners 1
- M.G.S.parent99%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 6 Gazette acts processed.
Timeline
13 eventsLatest 09-05-2025
Acts, filings and financial milestones
2025
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
2024
31-07
Financial
Weakest financial yearnet €20,211 ▼60.4%
Net result drops to €20,211, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €63,070 ▲7%
Net result €63,070, the highest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Equity above €200,000Eq €213,105 ▲38.5%
2 profitable years in a row build equity to €213,105.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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