Debts
€55,207 143% of the balance sheet
Financial debts 17%Suppliers 31%Taxes and wages 0%Other 52%
Of this, €45,842 falls due within a year.
JDM PROJECTS
Overview
Information for creditors
Enterprise Court of Ghent, Bruges division · Official Gazette of 27-07-2026Appeal or third-party opposition 11-08-2026Filing the claim in RegSol 16-08-2026First verification report 27-08-2026Late claim until 17-07-2027
- Sabine De Wispelaeretrusteesabine.dewispelaere@raadsmanbrugge.be
Steps, deadlines and articles of law
The procedure
- Supervising judge
- Stephan Van Merris
- Official Gazette
- 27-07-2026search the document for 2026/133200
Deadlines
- Provisional date payments stopped
- 17 July 2026A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition
- passed on 11 August 2026art. XX.108, Code of Economic Law
- Filing the claim in RegSol
- passed on 16 August 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 27 August 2026art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 17 July 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Sabine De WispelaereZeepziederijstraat 8, 8200 Bruggesabine.dewispelaere@raadsmanbrugge.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- The ordinary term has passed. File a late claim in RegSol (regsol.be) until 17 July 2027, yourself with eID or itsme, or through your lawyer. It shares only in what has not yet been paid out, and you bear the costs.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Lifetime
3 annual accounts with figures on one time axispeak €21,492 (2025)
€21,492▲ €39,869
lowest -€23,531 (2024)
€13,281▲ €36,812
peak -€6,323 (2023)
-€16,573▲ €13,281
€55,207▼ 5.5%
Board1 name since 2022
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from -€18,377 to €21,492Back to profit: €13,281Registered office moved from Wingene to Beernem 03-02Equity from -€29,854 to -€16,573Investments €18,000Cash from €10,655 to €1,653
Key points
from the 2025 annual accounts, the last ones filedInvestments
€18,000 3.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.41 was 1.10 in 2024
Short-term debts rose from €19,679 to €45,842.
Recent changes
Bankruptcy published
Enterprise Court of Ghent, Bruges division · judgment of 17-07-2026 · Bankruptcy
Listed in the Peppol Directory
Registered office moved from Wingene to Beernem
New registered office: Rietstraat 14, 8730 Beernem · Previous registered office: Ruiseledesteenweg 75, 8750 Wingene · Board meeting of 01-01-2025 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: (shareholder) · Appointment: (director) · published on 31-10-2022 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 17-07-2026
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.337.557.9638730 Beernem, since 27-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2026
Annual accounts 2025
- €21,492
- ≈ €260,000estimated
- €13,281
- -€16,573▲ 44.5%
- €38,634▲ 35.4%
- Filing
- Filed on 23-06-2026
Insights on JDM PROJECTS
On 17 July 2026 the court declared JDM PROJECTS bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-06-2026, 38 days before the deadline€21,492
▲ €39,869
€15,266
▲ €37,785
€13,281
▲ €36,812
-€27,120
▼ €29,057
-42.9%
▲ 61.7 percentage points
0.41
▼ 0.69
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €260,000. Estimated: probably between €130,000 and €470,000.
Balance sheet
balance sheet total €38,634 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-42.9%
Higher than 6% of 10,159 companies in 2025.
0.41
Higher than 6% of 9,870 companies in 2025.
34.4%
Higher than 87% of 9,958 companies in 2025.
JDM PROJECTS
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
38,634 | 28,538 | 25,132 | |
21/28 |
19,912 | 6,921 | 16,633 | |
22/27 |
19,912 | 6,921 | 16,633 | |
23 |
373 | 578 | 8,039 | |
24 |
19,539 | 6,343 | 8,593 | |
29/58 |
18,722 | 21,617 | 8,500 | |
40/41 |
14,988 | 10,114 | 3,687 | |
40 |
10,611 | 8,908 | 3,581 | |
41 |
4,378 | 1,206 | 107 | |
54/58 |
1,653 | 10,655 | 3,613 | |
490/1 |
2,081 | 848 | 1,200 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
38,634 | 28,538 | 25,132 | |
10/15 |
-16,573 | -29,854 | -6,323 | |
10/11 |
2,000 | 2,000 | 2,000 | |
14 |
-18,573 | -31,854 | -8,323 | |
17/49 |
55,207 | 58,392 | 31,455 | |
17 |
9,365 | 10,379 | 15,434 | |
170/4 |
9,365 | 10,379 | 15,434 | |
42/48 |
45,842 | 19,679 | 16,021 | |
42 |
10,283 | 5,055 | 4,823 | |
44 |
17,259 | 346 | 2,718 | |
440/4 |
17,259 | 346 | 2,718 | |
45 |
118 | 0 | 689 | |
450/3 |
118 | 0 | 689 | |
47/48 |
18,182 | 14,278 | 7,790 | |
492/3 |
0 | 28,334 | - | |
| Income statement | ||||
9900 |
21,492 | -18,377 | -984 | |
630 |
5,010 | 2,455 | 5,142 | |
640/8 |
1,216 | 430 | 493 | |
66A |
0 | 1,256 | - | |
9901 |
15,266 | -22,518 | -6,619 | |
75/76B |
90 | 0 | 4 | |
75 |
90 | 0 | 4 | |
65/66B |
1,957 | 1,013 | 1,708 | |
65 |
1,957 | 1,013 | 1,708 | |
9903 |
13,399 | -23,531 | -8,323 | |
67/77 |
118 | - | - | |
9904 |
13,281 | -23,531 | -8,323 | |
9905 |
13,281 | -23,531 | -8,323 | |
| Appropriation of the result | ||||
9906 |
-18,573 | -31,854 | -8,323 | |
14P |
-31,854 | -8,323 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2025, 1 entry, €2,730 awarded, €2,730 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 20,276 | -20,063 | -1,476 | ||
| 18,290 | -21,076 | -3,180 | ||
| 18,000 | -7,256 | 21,775 | ||
| -9,002 | 7,042 | - | ||
| -27,120 | 1,937 | -7,521 | ||
| -42.9% | -104.6% | -25.2% | ||
| 0.41 | 1.10 | 0.53 | ||
| 34.4% | -82.5% | -33.1% | ||
| 10.36 | -19.81 | -0.86 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €18,000 | - | €21,775 |
| €5,010 | €2,455 | €5,142 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on JDM PROJECTS
The operating result for 2025 is a profit of €15,266, after a loss of €22,518 in 2024. It is the highest result since 2023.
Equity is negative. Debt (€55,207) exceeds the balance-sheet total (€38,634).
Board & ownership
Curator
the curator has managed the company since 17-07-2026Last board
1 director, since incorporationDirector (not named in the articles)
since 27-10-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 23-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 31-10-2022
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
BoardBankruptcy 17-07-2026
Mandates as a list
-
- Director (not named in the articles), from 27-10-2022, until the bankruptcy of 17-07-2026
Control
Founder
This company
JDM PROJECTS
Equity -€16,573
Profit €13,281 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- -€166 in 2025
- Source
- deed of 31-10-2022
Articles of association
deed of 31-10-2022 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of June at 18:00
Shareholders
At incorporation
deed of 31-10-2022 ↗
- 100 shares (100%)
Network & group
No group
JDM PROJECTS has no parent and no holdings in its annual accounts. is the only director. JDM PROJECTS shares no director with another company.
Timeline
Timeline
11 events since 2022Filings
Financial
Establishments
Insolvency
Address
20222023202420252026
2026
Bankruptcy published Enterprise Court of Ghent, Bruges division · judgment of 17-07-2026
Annual accounts 2025 filed NBBmicro format · 38 days before the deadline
Listed in the Peppol Directory
2025
Back to profit net €13,281 The net result is €13,281, after 2 loss-making years.
Annual accounts 2024 filed PDFmicro format · 24 days before the deadline
Registered office moved from Wingene to BeernemNew registered office: Rietstraat 14, 8730 Beernem · Previous registered office: Ruiseledesteenweg 75, 8750 Wingene · Board meeting of 01-01-20252 points ▸
- Board meeting, 01-01-2025
- Registered-office move, Rietstraat 14, 8730 Beernem
2024
Weakest financial year net -€23,531 The net result drops to -€23,531, the lowest from 2023 to 2025.
Liquidity more than doubled current ratio 1.10 The current ratio rises from 0.53 to 1.10.
Annual accounts 2023 filed PDFmicro format · 48 days before the deadline
2022
IncorporationFounding capital of €2,000, 100 shares · Founder: (shareholder) · Appointment: (director) · published on 31-10-20223 points ▸
- Founder, (shareholder)
- Founding capital, €2,000, 100 shares
- Director appointment, (director (not named in the articles))
First establishment Rietstraat 14, Beernem
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
JDM PROJECTS was incorporated on 27 October 2022 as a private limited company by one natural person, with a starting capital of €2,000.12 The registered office was moved to Beernem in 2025.3 Since 2022, has served as director.4 Total assets rose from €25,132 in 2023 to €38,634 in 2025.5 On 17 July 2026 the company was declared bankrupt.6
Company details
Identity
- Enterprise number
- 0792.979.552
- VAT number
- BE 0792.979.552
- Peppol ID
- 0208:0792979552
- Other Peppol ID
- 9925:BE0792979552
- Legal form
- Private limited company
- Status
- In bankruptcy, since 17-07-2026
- Founded
- 27-10-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of June at 18:00deed of 31-10-2022 (in Dutch)
- Peppol
- Listed since 18-03-2026The listing only disappears when the Peppol service provider removes it.
- Name
- JDM PROJECTS in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Ruiseledesteenweg 75, 8750 Wingene”deed of 31-10-2022 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43120
Site preparation
43230
Insulation installation
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43120
Site preparation
43291
Specialised construction activities
43999
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het plaatsen van vloer- en wandtegels in alle mogelijke materialen,waaronder keramische stoffen,steen,marmer,graniet…; Het uitvoeren van…”deed of 31-10-2022 (in Dutch)
21 activities
- Het plaatsen van vloer- en wandtegels in alle mogelijke materialen,waaronder keramische stoffen,steen,marmer,graniet…
- Het uitvoeren van alle bouwwerken,zowel nieuwbouw als renovatie
- Het uitvoeren van alle metsel- en voegwerken,ruwbouwwerken,vloerwerken,tegelwerken,en alle activiteiten daarbij samenhorend
- Het aan- en verkopen van gronden,het bouwrijp maken van gronden en het verkavelen ervan
- Het uitvoeren van alle grondwerken,inclusief het plaatsen van buizen en rioleringen
- Het uitvoeren van funderingswerken
- Het uitvoeren van chapewerken
- Het uitvoeren van sloop- en afbraakwerken
- Het uitvoeren van alle kraanwerken
- Het uitvoeren van isolatiewerken en stukadoorswerken
- Het uitvoeren van binnen- en buitenschrijnwerken
- Het uitvoeren van dakwerken,het plaatsen van daken,dakbedekking,goten en afvoerbuizen
- Het waterdicht maken van muren en kelders
- Gevelreiniging
- De aan- en verkoop,de in- en uitvoer van alle materialen,grondstoffen en benodigdheden dienstig voor alle bouwwerken
- De aan- en verkoop en de verhuur van bouwmachines
- Het bewerken van bouwmaterialen,waaronder het verzagen en bewerken van tegels en stenen
- Het uitwerken van bouwprojecten
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
- Het uitoefenen van de activiteiten van vastgoedmakelaar meer in het bijzonder het aan- en verkopen van onroerende goederen,het huren en verhuren van onroerende goederen,het optreden als tussenpersoon bij voormelde activiteiten,het optreden van syndicus van gebouwen
- Handelsbemiddeling in bovenvermelde en verwante activiteiten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rietstraat 14 registered office 8730 Beernem | 27-10-2022 | 2.337.557.963 |
1 former office
- Ruiseledesteenweg 75, 8750 Wingene until 01-01-2025 · deed of 03-02-2025
Buildings and parcels at the address
- Ground area
- 418 m²
- Buildings
- 90 m²
- Volume, LiDAR
- 457 m³
- Tallest building
- 8.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31003F0591/00H002 | 418 m² | 1 · 90 m² | 8.2 m · 2 |