JCA2M
ActiveSummary
JCA2M is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of JCA2M were filed more than 90 days after the deadline. The 2025 annual accounts show equity of €178.4m and a net result of €11.4m. Equity has been stable since 2020 (±0.8% per year). Its solvency ranks better than 82% of 6,692 sector peers (NACE 64, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-12-2019 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.299.188.129 8300 Knokke-Heist, since 30-12-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 30-06-2025
- Profit
- €11.4m
- ▼ 24.6%
- Equity
- €178.4m
- ▼ 4.6%
- Total assets
- €205.0m
- ▲ 1.2%
- 2025 accounts filed 129 days after the deadline
Filed on 09-06-2026
Signalsraises risk2025 accounts filed 129 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Filing: Filed more than 90 days late
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 129 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-06-2026, 129 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filingsDeviation from the deadline
2025
129 days late
2024
1 day early
2023
5 days early
2022
4 days early
2021
20 days early
2020
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 16 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-06-2026 PDF all 6 filings
Equity
€178.4m▼ 4.6%
2024 · €187.1m
Net result
€11.4m▼ 24.6%
2024 · €15.1m
Total assets
€205.0m▲ 1.2%
2024 · €202.6m
Solvency
87.0%▼ 5.3pp
2024 · 92.3%
In the rankings
#4 company by equity in Knokke-Heist, Finance and insurance sector#5 company by total assets in Knokke-Heist, Finance and insurance sector
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result for 2025 is 17% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Operating result€0.2m
2025
Net result€11.4m
2025
Total assets€205.0m
2025
Equity€178.4m
2025
Debt€26.6m
2025
Working capital-€1.4m
2025
Return on assets (ROA)5.5%
2025
Solvency87.0%
2025
Current ratio0.93
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result-€0.01m--€0.007m▲ 28.7%€0.04m€0.2m▲ 291%€0.2m▲ 11.0%€0.2m▲ 16.6%
Net result€0.05mwithin the sector's middle half--€0.07mbelow the sector's middle half€0.1mabove the sector's middle half€0.2mabove the sector's middle half▲ 57.7%€15.1mabove the sector's middle half▲ 67×€11.4mabove the sector's middle half▼ 24.6%
Equity€171.7mabove the sector's middle half-€171.6mabove the sector's middle half=€171.8mabove the sector's middle half▲ 0.1%€172.0mabove the sector's middle half▲ 0.1%€187.1mabove the sector's middle half▲ 8.8%€178.4mabove the sector's middle half▼ 4.6%
Total assets€174.7mabove the sector's middle half-€179.2mabove the sector's middle half▲ 2.6%€181.5mabove the sector's middle half▲ 1.3%€182.3mabove the sector's middle half▲ 0.4%€202.6mabove the sector's middle half▲ 11.1%€205.0mabove the sector's middle half▲ 1.2%
Debt€3.0m-€7.6m▲ 151%€9.7m▲ 27.6%€10.3m▲ 6.1%€15.5m▲ 50.6%€26.6m▲ 71.4%
Working capital-€0.5mbelow the sector's middle half--€0.9mbelow the sector's middle half▼ 104%-€1.4mbelow the sector's middle half▼ 46.3%-€2.0mbelow the sector's middle half▼ 43.9%€9.1mabove the sector's middle half-€1.4mbelow the sector's middle half
Solvency98.3%above the sector's middle half-95.8%above the sector's middle half▼ 2.5pp94.7%above the sector's middle half▼ 1.1pp94.4%above the sector's middle half▼ 0.3pp92.3%above the sector's middle half▼ 2.0pp87.0%above the sector's middle half▼ 5.3pp
Current ratio0.85within the sector's middle half-0.88within the sector's middle half▲ 0.030.86within the sector's middle half▼ 0.020.81within the sector's middle half▼ 0.051.95within the sector's middle half▲ 1.150.93within the sector's middle half▼ 1.02
Return on assets (ROA)0.0%below the sector's middle half-0.0%below the sector's middle half▼ 0.1pp0.1%below the sector's middle half▲ 0.1pp0.1%below the sector's middle half=7.4%within the sector's middle half▲ 7.3pp5.5%within the sector's middle half▼ 1.9pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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.
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.
Large changes and their cause
- 2024 Net result +6,617% on 2023. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205.0m
Fixed assets
€185.8m ▲ 1.0%
Current assets
€19.2m ▲ 3.2%
Equity and liabilities €205.0m
Equity
€178.4m ▼ 4.6%
Debt
€26.6m ▲ 71.4%
Debt's share of the balance-sheet total rises from 7.7% to 13.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
6.4%▼
2024 · 8.1%
Debt ≤ 1 year
€20.6m▲
2024 · €9.5m
Debt > 1 year
€5.9m=
2024 · €5.9m
Income taxes
€344▲
2024 · €301
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €125,357 | €74,610 | €160,439 | €788,854 |
| Financial fixed assets | €505,818 | €932,753 | €9.8m | €1.1m |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as JCA2M: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €86m and €258m, founded between 2016 and 2022.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| JCA2M Knokke-Heist | 2019 | €205.0m | €178.4m | €0.2m | €11.4m | - | 2025 |
| Vyntra Holding Mechelen | 2022 | €166.9m | €166.4m | €0.1m | €0.1m | 0 | 2025 |
| Vybros Wortegem-Petegem | 2017 | €112.3m | €56.8m | €0.3m | €0.6m | 1 | 2025 |
| SUNNY SHORES Schoten | 2019 | €112.7m | €103.9m | €0.4m | €0.004m | - | 2025 |
| BPG Global Holdings Belgium Brugge | 2019 | €257.9m | €256.9m | €0.08m | -€0.09m | 1 | 2025 |
| Vesta Group Kortrijk | 2022 | €85.6m | €58.2m | €0.4m | -€0.6m | 5.4 | 2025 |
| U2P Tessenderlo-Ham | 2016 | €146.7m | €143.8m | €0.1m | €0.9m | 1.5 | 2025 |
They were chosen from the 20,095 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €0.002m | €0.003m | €0.002m | €0.002m | ▲ 29.6% |
| Gross operating margin9900 | -€0.009m | -€0.007m | €0.04m | €0.2m | €0.2m | €0.2m | ▲ 16.8% |
| Operating profit (loss)9901 | -€0.01m | -€0.007m | €0.04m | €0.2m | €0.2m | €0.2m | ▲ 16.6% |
| Financial income75/76B | - | - | €0.4m | €0.2m | €15.5m | €11.6m | ▼ 25.1% |
| Recurring financial income75 | €0.08m | €0.008m | €0.4m | €0.2m | €15.5m | €11.6m | ▼ 25.1% |
| Financial charges65/66B | - | - | €0.3m | €0.2m | €0.5m | €0.4m | ▼ 24.9% |
| Recurring financial charges65 | €0.02m | €0.07m | €0.3m | €0.2m | €0.5m | €0.4m | ▼ 24.9% |
| Profit (loss) for the period before taxes9903 | €0.05m | -€0.07m | €0.1m | €0.2m | €15.1m | €11.4m | ▼ 24.6% |
| Income taxes67/77 | - | €362 | -€362 | €0.02m | €301 | €344 | ▲ 14.1% |
| Profit (loss) for the period9904 | €0.05m | -€0.07m | €0.1m | €0.2m | €15.1m | €11.4m | ▼ 24.6% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | -€0.07m | €0.1m | €0.2m | €15.1m | €11.4m | ▼ 24.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €174.7m | €179.2m | €181.5m | €182.3m | €202.6m | €205.0m | ▲ 1.2% |
| Fixed assets21/28 | €172.2m | €172.6m | €173.1m | €174.0m | €183.9m | €185.8m | ▲ 1.0% |
| Tangible fixed assets22/27 | €0.5m | €0.8m | €0.9m | €0.9m | €1.1m | €1.9m | ▲ 71.5% |
| Furniture and vehicles24 | - | - | €0.9m | €0.9m | €1.1m | €1.9m | ▲ 71.5% |
| Financial fixed assets28 | €171.7m | €171.7m | €172.2m | €173.0m | €182.8m | €183.9m | ▲ 0.6% |
| Current assets29/58 | €2.6m | €6.7m | €8.3m | €8.3m | €18.6m | €19.2m | ▲ 3.2% |
| Amounts receivable after more than one year29 | - | - | €1.0m | €1.8m | €3.9m | €5.5m | ▲ 39.7% |
| Other amounts receivable291 | - | - | €1.0m | €1.8m | €3.9m | €5.5m | ▲ 39.7% |
| Amounts receivable within one year40/41 | €0.6m | €0.4m | €0.06m | €0.2m | €0.6m | €1.6m | ▲ 155% |
| Trade receivables40 | - | - | €0.01m | €0.2m | €0.3m | €0.6m | ▲ 66.7% |
| Other amounts receivable41 | - | - | €0.04m | €0.07m | €0.3m | €1.1m | ▲ 254% |
| Current investments50/53 | €1.4m | €5.0m | €5.5m | €6.2m | €10.9m | €11.3m | ▲ 3.2% |
| Cash at bank and in hand54/58 | €0.6m | €1.3m | €1.8m | €0.06m | €3.2m | €0.9m | ▼ 72.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €174.7m | €179.2m | €181.5m | €182.3m | €202.6m | €205.0m | ▲ 1.2% |
| Equity10/15 | €171.7m | €171.6m | €171.8m | €172.0m | €187.1m | €178.4m | ▼ 4.6% |
| Contributions10/11 | - | - | €171.6m | €171.6m | €171.6m | €154.0m | ▼ 10.3% |
| Reserves13 | - | - | - | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.05m | -€0.03m | €0.1m | €0.1m | €15.2m | €24.2m | ▲ 59.3% |
| Amounts payable17/49 | €3.0m | €7.6m | €9.7m | €10.3m | €15.5m | €26.6m | ▲ 71.4% |
| Amounts payable after more than one year17 | - | - | - | - | €5.9m | €5.9m | = |
| Financial debts170/4 | - | - | - | - | €5.9m | €5.9m | = |
| Amounts payable within one year42/48 | €3.0m | €7.6m | €9.7m | €10.3m | €9.5m | €20.6m | ▲ 116% |
| Financial debts43 | - | - | €9.7m | €10.3m | €9.5m | €10.6m | ▲ 10.9% |
| Other loans439 | - | - | €9.7m | €10.3m | €9.5m | €10.6m | ▲ 10.9% |
| Trade debts44 | €0.001m | €0.002m | €0.003m | €0.002m | €0.01m | €0.03m | ▲ 166% |
| Suppliers440/4 | - | - | €0.003m | €0.002m | €0.01m | €0.03m | ▲ 166% |
| Taxes, remuneration and social security45 | - | - | €0.002m | €0.02m | €0.02m | €0.04m | ▲ 88.9% |
| Taxes450/3 | - | - | €0.002m | €0.02m | €0.02m | €0.04m | ▲ 88.9% |
| Other amounts payable47/48 | - | - | - | - | - | €10.0m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.04m | €0.04m | ▲ 1.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | -€0.07m | €0.1m | €0.2m | €15.1m | €11.4m | ▼ 24.6% |
| Operating cash flow (approximation) | €0.05m | -€0.07m | €0.1m | €0.2m | €15.1m | €11.4m | ▼ 24.6% |
| Investment in fixed assets (approximation) | - | -€0.4m | -€0.6m | -€0.8m | -€10.0m | -€1.8m | ▲ 81.5% |
| Change in cash | - | €0.7m | €0.5m | -€1.7m | €3.1m | -€2.3m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 09-06-2026 | 2026-00147600 | |
| 30-06-2024 | abbreviated format | 30-01-2025 | 2025-00024649 | |
| 30-06-2023 | micro format | 26-01-2024 | 2024-00010668 | |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00015464 | |
| 30-06-2021 | micro format | 11-01-2022 | 2022-00700596 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-03900462 |
Board & ownership
Directors
Directors
1 director
Sioen Michèle
Current
Director · listed in the 2024 annual accounts, filed on 30-01-2025
Owners and capital
Capital transactions
Capital over time
- 16-07-2025 Converted to available equity · €171,643,775.36
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Gewone meerderheid van de uitgebrachte stemmen, bestuursorgaan besluitvorming”
- Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
- “24, De aanwending van de jaarlijkse nettowinst wordt bepaald door de algemene vergadering, op voorstel van het bestuursorgaan, waarbij elk…”
Articles of association, deed of 16-07-2025 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
33.19%
Companies at the same address
5 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
M.J.S. CONSULTING
Shared director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
09-06
abbreviated format · 129 days late
2025
16-07
Gazette deed
Amendment of the articlesCapital conversion · Net-asset statement · Approval20 points ▸
Gazette deed
Amendment of the articles
Capital conversion · Net-asset statement · Approval20 points ▸
- General meeting, 27-06-2025
- Capital conversion, “Beschikbare inbreng buiten kapitaal - Andere” (deed in Dutch)
- Net-asset statement, 31-01-2025, “niet gedaald tot op heden” (deed in Dutch)
- Approval, “uitkering beschikbaar eigen vermogen”, 20000000.0 (deed in Dutch)
- Auditor report, “liquiditeit, kennisname en bespreking” (deed in Dutch)
- Other provision, “uitkering beschikbaar eigen vermogen”, 20000000.0 (deed in Dutch)
- Other provision, “wet van 25-12-2017 tot hervorming van de vennootschapsbelasting, fiscale waarschuwing notaris” (deed in Dutch)
- Other provision, “fiscale aanrekening uitkering”, EUR (deed in Dutch)
- Other provision, “fiscale verplichtingen, notaris” (deed in Dutch)
- Other provision, “schorsing vergadering, bestuurder finaliseert bijzonder verslag artikel 5:143 WVV” (deed in Dutch)
- Approval, “definitieve uitwerking uitkering” (deed in Dutch)
- Other provision, “uitvoering uitkering, boeking op rekening-courant” (deed in Dutch)
- The act holds 8 more points.
30-01
abbreviated format · 1 day before the deadline
2024
30-06
Financial
Highest result from 2020 to 2025net €15.1m ▲6,617%
The net result of €15.1m is the highest of those years.
30-06
Financial
Liquidity more than doubledcurrent ratio 1.95
The current ratio rises from 0.81 to 1.95. Short-term debt falls from €10.3m to €9.5m.
26-01
micro format · 5 days before the deadline
2023
27-01
micro format · 4 days before the deadline
2022
30-06
Financial
Back to profitnet €142,322
The net result is €142,322, after one loss-making year.
11-01
micro format · 20 days before the deadline
2021
30-06
Financial
Weakest financial yearnet -€73,364
The net result drops to -€73,364, the lowest from 2020 to 2025. It recovers the following year.
28-01
micro format · 3 days before the deadline
2020
02-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
JCA2M in Dutch
Enterprise number
0740.592.129
Legal form
Private limited company
Status
Active, normale toestand
Founded
30-12-2019
Entity type
Legal entity
Registered office and establishments
Registered office
Astridlaan 14, 8300 Knokke-Heist, Belgium
Establishment unit
JCA2M, Astridlaan 14, 8300 Knokke-Heist since 30-12-2019 · unit number 2.299.188.129
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
Invoicing and payment
VAT number
BE 0740.592.129
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Recognitions · licences · registrations
Legal Entity Identifier
254900Y69TZNZZPGRV61
Sites & property
Location
Buildings and parcels at the address
Ground area
2,595 m²
Building footprint
424 m²
Building volume
3,130 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31332E1092/00E004 | Flanders | 2,595 m² | 1 · 424 m² | 10.4 m · 2 |