JASMAT IMMO
ActiveSummary
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. Equity fluctuates too strongly from year to year to read a trend from it. The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-01-2018 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.276.686.406 7520 Tournai, since 10-01-2018
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €15,423
- ▼ 57.5%
- Turnover
- ≈ €120,000
- estimated
- Loss
- €98,258
- ▲ 6.0%
- Equity
- -€184,765
- ▼ 114%
- Total assets
- €310,679
- ▼ 51.1%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 0.02, cash €489, halvedNegative equity -€184,765lowers riskSize: total assets €310,679No main activity registeredShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 5% of them on solvency, 21% on liquidity, 16% on profitability and 3% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 8 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 15-06-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is a loss of €7,560, smaller than the loss of €80,290 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €400,000 | - | €400,000 | €435,000 | - |
| Carrying value of the mortgaged assets | €782,372 | - | €730,159 | €547,153 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,571 | €3,510 | €4,227 | €699 | - |
| Depreciation and write-downs of the year | €33,895 | €34,154 | €32,696 | €25,078 | €16,639 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as JASMAT IMMO has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JASMAT IMMO itself is lower: 1.1% within 12 months. It rests on far more data about JASMAT IMMO than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for JASMAT IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Board & ownership
Directors
Owners and capital
Shareholders
- MATHIEU Jean-Louis 98 shares
- MATHIEU Aurélien 1 share
- MATHIEU Justine Marie Naomi 1 share
Capital transactions
- 22-09-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MATHIEU Aurélien |
|
Network & group
JASMAT IMMO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of JASMAT IMMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-09
Gazette deed
Change of role: MATHIEU Aurélien, from manager to directorShareholding · Capital · Amendment of the articles27 points ▸
- General meeting, 18-09-2023
- Other provision, 10-01-2018
- Director in office, MATHIEU Aurélien (director)
- MATHIEU Jean-Louis holds 98 shares
- MATHIEU Aurélien holds 1 share
- MATHIEU Justine Marie Naomi holds 1 share
- Other provision, 04-09-2023
- Capital, mentioned 2 times in the deed
- Other provision, “toutes les actions représentées selon registre des associés, assemblée apte à délibérer sans justification des formalités de convocation” (deed in French)
- Other provision, “ordre du jour soumis à délibération” (deed in French)
- Other provision, “adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “supprimer le compte de capitaux propres statutairement indisponible et le mettre à disposition pour distributions futures” (deed in French)
- The act holds 15 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57069A0066/00S000 | Wallonia | 206 m² | 1 · 41 m² | 4.0 m · 1 |