JAYMA
ActiveFinancials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 29-10-2026 at the NBB all 12 filings
Turnover
≈ €210,000
Estimated: probably between €160,000 and €290,000
Total assets
€25,605▼ 49.5%
2025 · €50,682
Net result
€1,336
2025 · -€4,892
Working capital
€3,807
2025 · -€383
Multi-year overview
2019 to 2026, 8 financial yearsOperating result
€3,180
2026
20192026
Net result
€1,336
2026
20192026
Equity
€11,604
▲ 13.0%
2026
20192026
Total assets
€25,605
▼ 49.5%
2026
20192026
Debt
€14,000
▼ 65.4%
2026
20192026
Working capital
€3,807
2026
20192026
Solvency
45.3%
▲ 25.1pp
2026
20192026
Current ratio
1.27
▲ 0.28
2026
20192026
Return on assets (ROA)
5.2%
▲ 14.9pp
2026
20192026
Staff (FTE)
1
=
2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€1,178--€661€751€7,011▲ 834%-€881-€823▲ 6.6%-€1,226▼ 48.8%€3,180
Net result€444--€2,443€93within the sector's middle half€5,892within the sector's middle half▲ 64×-€2,520within the sector's middle half-€3,128within the sector's middle half▼ 24.1%-€4,892within the sector's middle half▼ 56.4%€1,336
Equity€17,267-€14,824▼ 14.1%€14,916within the sector's middle half▲ 0.6%€20,808within the sector's middle half▲ 39.5%€18,288within the sector's middle half▼ 12.1%€15,160within the sector's middle half▼ 17.1%€10,268within the sector's middle half▼ 32.3%€11,604▲ 13.0%
Total assets€39,243-€60,239▲ 53.5%€48,739within the sector's middle half▼ 19.1%€38,362below the sector's middle half▼ 21.3%€54,159within the sector's middle half▲ 41.2%€42,529below the sector's middle half▼ 21.5%€50,682within the sector's middle half▲ 19.2%€25,605▼ 49.5%
Debt€21,976-€45,415▲ 107%€33,823▼ 25.5%€17,554▼ 48.1%€35,871▲ 104%€27,368▼ 23.7%€40,414▲ 47.7%€14,000▼ 65.4%
Working capital-€262--€12,716▼ 4,760%-€15,353within the sector's middle half▼ 20.7%-€3,130within the sector's middle half▲ 79.6%-€180within the sector's middle half▲ 94.2%€279within the sector's middle half-€383within the sector's middle half€3,807
Solvency44.0%-24.6%▼ 19.4pp30.6%within the sector's middle half▲ 6.0pp54.2%within the sector's middle half▲ 23.6pp33.8%within the sector's middle half▼ 20.5pp35.6%within the sector's middle half▲ 1.9pp20.3%within the sector's middle half▼ 15.4pp45.3%▲ 25.1pp
Current ratio0.99-0.72▼ 0.270.55below the sector's middle half▼ 0.170.82within the sector's middle half▲ 0.280.99within the sector's middle half▲ 0.171.01within the sector's middle half▲ 0.020.99within the sector's middle half▼ 0.021.27▲ 0.28
Return on assets (ROA)1.1%--4.1%▼ 5.2pp0.2%within the sector's middle half▲ 4.2pp15.4%above the sector's middle half▲ 15.2pp-4.7%within the sector's middle half▼ 20.0pp-7.4%below the sector's middle half▼ 2.7pp-9.7%below the sector's middle half▼ 2.3pp5.2%▲ 14.9pp
Staff (FTE)0.2-0.7▲ 250%0.6▼ 14.3%2.1▲ 250%1.8▼ 14.3%1▼ 44.4%1=1=
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2026 is a profit of €3,180, after a loss of €1,226 in 2025.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €25,605
Fixed assets
€7,797 ▼ 26.8%
Current assets
€17,807 ▼ 55.5%
Equity and liabilities €25,605
Equity
€11,604 ▲ 13.0%
Debt
€14,000 ▼ 65.4%
Debt's share of the balance-sheet total falls from 79.7% to 54.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,034▲
2025 · €3,327
Cash flow
€4,190▲
2025 · -€340
Quick ratio
0.32▼
2025 · 0.60
Debt to equity
1.21▼
2025 · 3.94
ROE
11.5%▲
2025 · -47.6%
Interest coverage
2.60▲
2025 · 1.56
Debt ≤ 1 year
€14,000▼
2025 · €40,414
Staff costs
€31,734▼
2025 · €33,577
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 1 | 1 | 1 | 1 |
| part-time | 4 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1.4 | 0.8 | 0.8 | 0.8 | 0.8 |
| Average over the year, in full-time equivalents | 0.7 | 1 | 0.8 | 0.8 | 0.8 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | 10 | 1 | 1 | 1 | - |
| Left | 9 | 4 | 1 | 1 | - |
Source: social balance sheet in the 2022 to 2026 annual accounts
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,485 | €1,255 | €2,166 | €321 | - |
| Depreciation and write-downs of the year | €7,817 | €6,724 | €5,753 | €4,552 | €2,854 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €188,051 | - | €227,594 | €194,377 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €9,532 | €29,342 | €31,189 | €33,577 | €31,734 | ▼ 5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,417 | €3,501 | €6,432 | €7,817 | €6,724 | €5,753 | €4,552 | €2,854 | ▼ 37.3% |
| Other operating charges640/8 | - | - | - | €2,117 | €2,573 | €3,392 | €2,831 | €2,370 | ▼ 16.3% |
| Gross operating margin9900 | €14,946 | €18,360 | €24,806 | €26,478 | €37,758 | €39,510 | €39,734 | €40,138 | ▲ 1.0% |
| Operating profit (loss)9901 | €1,178 | -€661 | €751 | €7,011 | -€881 | -€823 | -€1,226 | €3,180 | - |
| Financial income75/76B | - | - | - | €0 | €0 | €32 | €2,906 | €476 | ▼ 83.6% |
| Recurring financial income75 | €1 | €2 | €33 | €0 | €0 | €32 | €6 | €476 | ▲ 84× |
| Non-recurring financial income76B | - | - | - | - | - | - | €2,900 | - | - |
| Financial charges65/66B | - | - | - | €302 | €230 | €2,097 | €2,128 | €2,320 | ▲ 9.0% |
| Recurring financial charges65 | €376 | €289 | €409 | €302 | €230 | €2,097 | €2,128 | €2,320 | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | €803 | -€948 | €375 | €6,710 | -€1,111 | -€2,889 | -€448 | €1,336 | - |
| Income taxes67/77 | €360 | €1,494 | €283 | €818 | €1,409 | €239 | €4,444 | - | - |
| Profit (loss) for the period9904 | €444 | -€2,443 | €93 | €5,892 | -€2,520 | -€3,128 | -€4,892 | €1,336 | - |
| Profit (loss) for the period to be appropriated9905 | €444 | -€2,443 | €93 | €5,892 | -€2,520 | -€3,128 | -€4,892 | €1,336 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €39,243 | €60,239 | €48,739 | €38,362 | €54,159 | €42,529 | €50,682 | €25,605 | ▼ 49.5% |
| Fixed assets21/28 | €17,528 | €27,540 | €30,270 | €23,938 | €18,469 | €14,882 | €10,651 | €7,797 | ▼ 26.8% |
| Tangible fixed assets22/27 | €17,028 | €27,040 | €29,770 | €23,438 | €17,969 | €14,382 | €10,151 | €7,297 | ▼ 28.1% |
| Plant, machinery and equipment23 | - | - | - | €8,111 | €5,189 | €3,948 | €1,616 | €728 | ▼ 55.0% |
| Furniture and vehicles24 | - | - | - | €3,048 | €2,299 | €1,736 | €1,274 | €738 | ▼ 42.1% |
| Other tangible fixed assets26 | - | - | - | €12,279 | €10,481 | €8,698 | €7,261 | €5,831 | ▼ 19.7% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €21,715 | €32,699 | €18,470 | €14,424 | €35,690 | €27,647 | €40,031 | €17,807 | ▼ 55.5% |
| Stocks and contracts in progress3 | €12,290 | €11,101 | €10,675 | €9,365 | €15,999 | €15,681 | €15,870 | €13,265 | ▼ 16.4% |
| Stocks30/36 | - | - | - | €9,365 | €15,999 | €15,681 | €15,870 | €13,265 | ▼ 16.4% |
| Amounts receivable within one year40/41 | €8,547 | €4,732 | €3,886 | €3,842 | €18,207 | €11,415 | €19,892 | €2,632 | ▼ 86.8% |
| Trade receivables40 | - | - | - | €1,640 | €558 | €1,855 | €2,664 | €189 | ▼ 92.9% |
| Other amounts receivable41 | - | - | - | €2,202 | €17,649 | €9,560 | €17,228 | €2,443 | ▼ 85.8% |
| Current investments50/53 | €487 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €246 | - | - | - | - | €1,758 | €1,911 | ▲ 8.7% |
| Deferred charges and accrued income490/1 | - | - | - | €1,217 | €1,484 | €551 | €2,510 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €39,243 | €60,239 | €48,739 | €38,362 | €54,159 | €42,529 | €50,682 | €25,605 | ▼ 49.5% |
| Equity10/15 | €17,267 | €14,824 | €14,916 | €20,808 | €18,288 | €15,160 | €10,268 | €11,604 | ▲ 13.0% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | €2,208 | €2,208 | €2,208 | €2,208 | €2,208 | = |
| Distributable reserves133 | - | - | - | €2,208 | €2,208 | €2,208 | €2,208 | €2,208 | = |
| Profit (loss) carried forward14 | -€1,333 | -€3,776 | -€3,684 | - | -€2,520 | -€5,648 | -€10,540 | -€9,204 | ▲ 12.7% |
| Amounts payable17/49 | €21,976 | €45,415 | €33,823 | €17,554 | €35,871 | €27,368 | €40,414 | €14,000 | ▼ 65.4% |
| Amounts payable within one year42/48 | €21,976 | €45,415 | €33,823 | €17,554 | €35,871 | €27,368 | €40,414 | €14,000 | ▼ 65.4% |
| Financial debts43 | - | - | - | €7,745 | €7,810 | €11,995 | - | - | - |
| Credit institutions430/8 | - | - | - | €7,745 | €7,810 | €11,995 | - | - | - |
| Trade debts44 | €19,900 | €31,511 | €25,433 | €7,390 | €22,168 | €11,779 | €23,448 | €8,221 | ▼ 64.9% |
| Suppliers440/4 | - | - | - | €7,390 | €22,168 | €11,779 | €23,448 | €8,221 | ▼ 64.9% |
| Taxes, remuneration and social security45 | - | - | - | €1,422 | €3,590 | €1,921 | €5,113 | €4,372 | ▼ 14.5% |
| Taxes450/3 | - | - | - | €617 | €1,692 | - | €2,207 | €2,287 | ▲ 3.6% |
| Remuneration and social security454/9 | - | - | - | €805 | €1,898 | €1,921 | €2,906 | €2,085 | ▼ 28.2% |
| Other amounts payable47/48 | - | - | - | €997 | €2,303 | €1,673 | €11,853 | €1,407 | ▼ 88.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €444 | -€2,443 | €93 | €5,892 | -€2,520 | -€3,128 | -€4,892 | €1,336 | - |
| + Depreciation and write-downs630 | €4,417 | €3,501 | €6,432 | €7,817 | €6,724 | €5,753 | €4,552 | €2,854 | ▼ 37.3% |
| Operating cash flow (approximation) | €4,861 | €1,059 | €6,524 | €13,709 | €4,204 | €2,625 | -€340 | €4,190 | - |
| Investment in fixed assets (approximation) | - | -€13,513 | -€9,161 | -€1,485 | -€1,255 | -€2,166 | -€321 | €0 | - |
| Change in cash | - | - | - | - | - | - | - | €152 | - |
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, 34,693 companies had the same profile as JAYMA has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of JAYMA itself: 0.6% within 12 months.
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 34,693 companies, not a prediction for JAYMA. 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.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 29-10-2026 | 2026-00571847 | |
| 31-03-2025 | micro format | 31-10-2025 | 2025-00559855 | |
| 31-03-2024 | micro format | 29-10-2024 | 2024-00520931 | |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00504673 | |
| 31-03-2022 | micro format | 31-10-2022 | 2022-20485001 | |
| 31-03-2021 | micro format | 25-10-2021 | 2021-72800481 | |
| 31-03-2020 | micro format | 06-11-2020 | 2020-69000105 | |
| 31-03-2019 | micro format | 30-10-2019 | 2019-72100036 | |
| 31-03-2018 | micro format | 03-10-2018 | 2018-68200122 | |
| 31-03-2017 | abbreviated format | 18-10-2017 | 2017-67300579 |