Equity
-€870,317
Debts exceed assets in financial year 2025.
JATIMMO
Lifetime
19 annual accounts with figures on one time axispeak €1.3m (2018)
-€221,917▲ €72,679
lowest -€760,442 (2024)
-€470,664▲ €289,779
peak €888,508 (2021)
-€870,317▼ €470,664
€15.7m▲ 22.4%
peak 1.3 FTE (2008)
-not published
Board2 names since 2023
1 directorMesut Akay
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from -€294,596 to -€221,917Loss of €470,664Resignation: Aydin Akay (director) 28-07Equity from -€399,654 to -€870,317Debts from €12.8m to €15.7mCash from €1.1m to €509,776
Key points
from the 2025 annual accountsLosses
-€1.8m in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€15.7m 106% of the balance sheet
Financial debts 60%Suppliers 1%Taxes and wages 1%Other 38%
Of this, €549,365 falls due within a year.
Liquidity
26.68 was 5.39 in 2024
Short-term debts fell from €2.3m to €549,365.
At the same address
28 companies
Position in the sector
-€470,664
Lower net result than 95% of companies in real estate. Sector median €5,986 · 17,185 companies.
Checked score
54
Fair
Financially stronger than 25% of medium-sized companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 241 companies (NACE 43, medium-sized).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 0.4%▼ -0.1 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€870,317
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 26.68, cash €509,776, halved
lowers risk
Size: total assets €14.8m
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 (NACE 43, medium-sized). It does better than 3% of them on solvency, 83% on liquidity, 12% on profitability and 3% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 139 companies had the same profile as JATIMMO has now. Each dot is one company, two years later.
95.7%
were still trading
2.2%
stopped another way
2.2%
went bankrupt
The bankruptcy probability of JATIMMO itself is lower: 0.4% within 12 months. It rests on far more data about JATIMMO than the profile alone.
Test of the method
The method was tested on the 497,447 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 139 companies, not a prediction for JATIMMO. 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.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 26.68 (5.39 in 2024), above the usual 1.5. Short-term debt is 3.7% and cash 3.4% of total assets. However, equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€870,317
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
42 days early
2023
47 days early
2022
47 days early
2021
51 days early
2020
47 days early
2019
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0882542721
Resignation: Aydin Akay (director)
Appointment: Mesut Akay (director) · General meeting of 17-07-2025 · Gazette deed
Change of role: AKAY Aydin, from manager to director
General meeting of 04-12-2023 · Gazette deed
Incorporation
published on 26-07-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JATIMMO Anderlecht | €14.8m | -€221,917 | -5.9% | - |
| H GROUP Ixelles | €12.9m | -€30,047 | 15.5% | - |
| DYAM IMMO Brussels | €11.3m | -€43,168 | -30.7% | - |
| CONSTRUCTION ET DEVELOPPEMENT Ixelles | €19.5m | -€401,383 | 35.9% | - |
| Cura Investments Puurs-Sint-Amands | €16.0m | -€93,122 | -11.8% | - |
| TOP-C PROJECTS Leuven | €13.3m | -€2,408 | -0.4% | - |
| CSA Arendonk | €12.9m | -€43,205 | -19.6% | - |
These companies have the same main activity as JATIMMO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €11m and €19m, founded between 2004 and 2008.
Official details
Source: KBO- Status
- Active since 14-07-2006Normal situation
- Registered office
- 29 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.160.661.3401070 Anderlecht, since 14-07-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- €14.8m▲ 19.3%
- ≈ 1.7 FTEestimated
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on JATIMMO
JATIMMO files the micro format. That format states no turnover. The gross margin fell from €2,578 in 2007 to -€221,917 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JATIMMO
- What is the company number of JATIMMO?
- The company number of JATIMMO is 0882.542.721. The VAT number is the same number with BE in front: BE 0882.542.721.
- Where is JATIMMO based?
- The registered office is at Fernand Demetskaai 23, 1070 Anderlecht.Company details
- What does JATIMMO do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of JATIMMO?
- JATIMMO is a private limited company (BV).
- When was JATIMMO founded?
- JATIMMO was founded on 14-07-2006.
- Is JATIMMO still active?
- Yes, JATIMMO is an active enterprise in the KBO register.
- What is the turnover of JATIMMO?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is JATIMMO profitable?
- In financial year 2025, JATIMMO made a loss of €470,664.
- Where can I find the annual accounts of JATIMMO?
- JATIMMO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JATIMMO due?
- JATIMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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