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JASMAT IMMO

Active
Private limited companyfounded 2018active for 8 yearsRue de Wattrelos(R-C) 16, 7520 Tournai, BelgiumKBO/BCE: BE 0687.783.250
Summary

JASMAT IMMO has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€184,765) and a net result of -€98,258. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

Financials · financial year 2025, micro format

Equity
-€184,765▼ 114%
2024 · -€86,507
Total assets
€310,679▼ 51.1%
2024 · €635,777
Net result
-€98,258▼ 6.0%
2024 · -€92,671
Working capital
-€93,306▼ 174%
2024 · -€34,057
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €7,560 in 2025 against €80,290 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,560 2025 Net result-€98,258 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1,353-€7,073▲ 423%€3,274▼ 53.7%€682▼ 79.2%-€2,025€6,186-€80,290-€7,560▲ 90.6%
Net result-€4,408-€1,333-€2,971-€647▲ 78.2%-€7,378▼ 1,041%€1,636-€92,671-€98,258▼ 6.0%
Equity€14,192-€15,524▲ 9.4%€12,553▼ 19.1%€11,906▼ 5.2%€4,528▼ 62.0%€6,164▲ 36.1%-€86,507-€184,765▼ 114%
Total assets€894,436-€872,133▼ 2.5%€872,800▲ 0.1%€845,818▼ 3.1%€808,669▼ 4.4%€779,359▼ 3.6%€635,777▼ 18.4%€310,679▼ 51.1%
Debt€880,244-€856,608▼ 2.7%€860,247▲ 0.4%€833,911▼ 3.1%€804,141▼ 3.6%€773,195▼ 3.8%€722,284▼ 6.6%€495,444▼ 31.4%
Working capital-€98,171--€98,165=-€108,170▼ 10.2%-€105,386▲ 2.6%-€113,761▼ 7.9%-€113,669▲ 0.1%-€34,057▲ 70.0%-€93,306▼ 174%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310,679
Fixed assets €308,541 ▼ 43.7%
Current assets €2,138 ▼ 97.6%
Equity and liabilities
Equity-€184,765
Debt€495,444
Equity is negative: debt (€495,444) exceeds the balance-sheet total (€310,679).
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,079▲
2024 · -€55,212
Cash flow
-€81,620▼
2024 · -€67,593
Solvency
-59.5%▼
2024 · -13.6%
Current ratio
0.02▼
2024 · 0.72
ROA
-31.6%▼
2024 · -14.6%
Interest coverage
2.22▲
2024 · -11.67
Debt ≤ 1 year
€95,444▼
2024 · €122,020
Debt > 1 year
€400,000▼
2024 · €600,265
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 82.9% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
82.9% still going

A further 0.9% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,007 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€635,777€310,679▼
Fixed assets21/28€547,815€308,541▼
Tangible fixed assets22/27€547,815€308,541▼
Land and buildings22€521,716€288,216▼
Furniture and vehicles24€26,099€20,325▼
Current assets29/58€87,962€2,138▼
Amounts receivable within one year40/41€1,578€978▼
Trade receivables40€1,578€978▼
Cash at bank and in hand54/58€85,250€489▼
Deferred charges and accrued income490/1€1,134€671▼
Equity and liabilities
Total equity and liabilities10/49€635,777€310,679▼
Equity10/15-€86,507-€184,765▼
Contributions10/11€18,600€18,600=
Reserves13€67€67=
Non-distributable reserves130/1€67€67=
Reserves not available under the articles1311€67€67=
Profit (loss) carried forward14-€105,174-€203,432▼
Amounts payable17/49€722,284€495,444▼
Amounts payable after more than one year17€600,265€400,000▼
Financial debts170/4€200,265-
Other amounts payable178/9€400,000€400,000=
Amounts payable within one year42/48€122,020€95,444▼
Financial debts43€26,576-
Credit institutions430/8€26,576-
Other amounts payable47/48€95,444€95,444=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,078€16,639▼
Non-recurring operating charges66A€91,490€6,344▼
Gross operating margin9900€36,277€15,423▼
Operating profit (loss)9901-€80,290-€7,560▲
Financial charges65/66B€12,381€90,698▲
Recurring financial charges65€4,731€4,095▼
Non-recurring financial charges66B€7,649€86,603▲
Profit (loss) for the period before taxes9903-€92,671-€98,258▼
Profit (loss) for the period9904-€92,671-€98,258▼
Profit (loss) for the period to be appropriated9905-€92,671-€98,258▼
Appropriation of the result
Profit (loss) to be appropriated9906-€105,174-€203,432▼
Profit (loss) brought forward from the previous period14P-€12,503-€105,174▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,297€28,536€33,016€33,895€34,154€32,696€25,078€16,639▼ 33.7%
Other operating charges640/8---€5,029€5,151€3,181---
Non-recurring operating charges66A------€91,490€6,344▼ 93.1%
Gross operating margin9900€35,084€40,980€41,731€39,606€37,280€42,063€36,277€15,423▼ 57.5%
Operating profit (loss)9901€1,353€7,073€3,274€682-€2,025€6,186-€80,290-€7,560▲ 90.6%
Financial income75/76B---€4,474-€406---
Recurring financial income75--€49€4,474-€406---
Non-recurring financial income76B---€4,474-----
Financial charges65/66B---€5,803€5,353€4,956€12,381€90,698▲ 633%
Recurring financial charges65€5,761€5,741€6,294€5,803€5,353€4,956€4,731€4,095▼ 13.4%
Non-recurring financial charges66B------€7,649€86,603▲ 11×
Profit (loss) for the period before taxes9903-€4,408€1,333-€2,971-€647-€7,378€1,636-€92,671-€98,258▼ 6.0%
Profit (loss) for the period9904-€4,408€1,333-€2,971-€647-€7,378€1,636-€92,671-€98,258▼ 6.0%
Profit (loss) for the period to be appropriated9905-€4,408€1,333-€2,971-€647-€7,378€1,636-€92,671-€98,258▼ 6.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€894,436€872,133€872,800€845,818€808,669€779,359€635,777€310,679▼ 51.1%
Formation expenses20€3,560€2,670€1,780€890€0----
Fixed assets21/28€865,468€842,891€853,270€823,836€794,083€765,614€547,815€308,541▼ 43.7%
Tangible fixed assets22/27€865,468€842,891€853,270€823,836€794,083€765,614€547,815€308,541▼ 43.7%
Land and buildings22---€785,942€759,836€733,730€521,716€288,216▼ 44.8%
Furniture and vehicles24---€37,894€34,247€31,884€26,099€20,325▼ 22.1%
Current assets29/58€25,407€26,572€17,750€21,092€14,587€13,745€87,962€2,138▼ 97.6%
Amounts receivable within one year40/41€16€7,497---€2,178€1,578€978▼ 38.0%
Trade receivables40-----€2,178€1,578€978▼ 38.0%
Cash at bank and in hand54/58€24,035€16,622€16,469€19,842€13,205€10,008€85,250€489▼ 99.4%
Deferred charges and accrued income490/1---€1,250€1,382€1,559€1,134€671▼ 40.8%
Equity and liabilities
Total equity and liabilities10/49€894,436€872,133€872,800€845,818€808,669€779,359€635,777€310,679▼ 51.1%
Equity10/15€14,192€15,524€12,553€11,906€4,528€6,164-€86,507-€184,765▼ 114%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13-€67€67€67€67€67€67€67=
Non-distributable reserves130/1---€67€67€67€67€67=
Reserves not available under the articles1311---€67€67€67€67€67=
Profit (loss) carried forward14-€4,408-€3,142-€6,114-€6,760-€14,139-€12,503-€105,174-€203,432▼ 93.4%
Amounts payable17/49€880,244€856,608€860,247€833,911€804,141€773,195€722,284€495,444▼ 31.4%
Amounts payable after more than one year17€753,825€729,194€733,171€704,511€675,384€645,781€600,265€400,000▼ 33.4%
Financial debts170/4---€304,511€275,384€245,781€200,265--
Other amounts payable178/9---€400,000€400,000€400,000€400,000€400,000=
Amounts payable within one year42/48€123,579€124,737€125,921€126,477€128,348€127,414€122,020€95,444▼ 21.8%
Financial debts43---€28,661€29,136€29,612€26,576--
Credit institutions430/8---€28,661€29,136€29,612€26,576--
Trade debts44€67€804€141-€885----
Suppliers440/4----€885----
Other amounts payable47/48---€97,817€98,327€97,803€95,444€95,444=
Accrued charges and deferred income492/3---€2,923€410----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€4,408€1,333-€2,971-€647-€7,378€1,636-€92,671-€98,258▼ 6.0%
+ Depreciation and write-downs630€28,297€28,536€33,016€33,895€34,154€32,696€25,078€16,639▼ 33.7%
Operating cash flow (approximation)€23,889€29,869€30,045€33,248€26,776€34,332-€67,593-€81,620▼ 20.8%
Investment in fixed assets (approximation)--€5,959-€43,396-€4,461-€4,401-€4,227€192,721€222,635▲ 15.5%
Change in cash--€7,413-€153€3,373-€6,637-€3,197€75,242-€84,761-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-12-2025 micro format 15-06-2026 2026-00162547
31-12-2024 micro format 02-07-2025 2025-00218584
31-12-2023 micro format 27-08-2024 2024-00377645
31-12-2022 micro format 04-07-2023 2023-00196882
31-12-2021 micro format 11-08-2022 2022-20295533
31-12-2020 micro format 14-07-2021 2021-35500364
31-12-2019 micro format 25-08-2020 2020-44200114
31-12-2018 micro format 20-06-2019 2019-20700324

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.