Summary
JEM has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €332,032 and a net result of €70,222. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019 · tick = 2018
Profitability74▲+2
Solvency94▲+13
Growth78
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2019Solvency, return and age of the figures
Solvency
68.8%
Return on assets
14.6%
Age of the figures
84 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 30-09-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-09-2020 close30-04-2021 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 23-03-2020, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 38 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2019, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€70,222▲ 9.6%
2018 · €64,049
Working capital
€471,662▲ 17.6%
2018 · €400,945
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€100,756-€103,967▲ 3.2%
Net result€64,049-€70,222▲ 9.6%
Equity€261,810-€332,032▲ 26.8%
Total assets€464,472-€482,584▲ 3.9%
Debt€79,702-€27,592▼ 65.4%
Working capital€400,945-€471,662▲ 17.6%
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 3% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €482,584
Equity
€332,032 ▲ 26.8%
Provisions
€122,960 =
Debt
€27,592 ▼ 65.4%
Debt's share of the balance-sheet total falls from 17.2% to 5.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
44.18▲
2018 · 7.31
ROE
21.1%▼
2018 · 24.5%
ROA
14.6%▲
2018 · 13.8%
Debt ≤ 1 year
€10,922▼
2018 · €63,527
Income taxes
€39,440▼
2018 · €41,978
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Gross operating margin9900 | €112,508 | €116,281 | ▲ 3.4% |
| Operating profit (loss)9901 | €100,756 | €103,967 | ▲ 3.2% |
| Recurring financial income75 | €5,450 | €5,906 | ▲ 8.4% |
| Recurring financial charges65 | €179 | €211 | ▲ 17.9% |
| Profit (loss) for the period before taxes9903 | €106,027 | €109,662 | ▲ 3.4% |
| Income taxes67/77 | €41,978 | €39,440 | ▼ 6.0% |
| Profit (loss) for the period9904 | €64,049 | €70,222 | ▲ 9.6% |
| Profit (loss) for the period to be appropriated9905 | €64,049 | €70,222 | ▲ 9.6% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €464,472 | €482,584 | ▲ 3.9% |
| Current assets29/58 | €464,472 | €482,584 | ▲ 3.9% |
| Amounts receivable within one year40/41 | €238,035 | €240,358 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €194,937 | €199,511 | ▲ 2.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €464,472 | €482,584 | ▲ 3.9% |
| Equity10/15 | €261,810 | €332,032 | ▲ 26.8% |
| Contributions10/11 | €62,000 | €62,000 | = |
| Reserves13 | €199,810 | €270,031 | ▲ 35.1% |
| Profit (loss) carried forward14 | €11,133 | €1 | ▼ 100.0% |
| Provisions and deferred taxes16 | €122,960 | €122,960 | = |
| Amounts payable17/49 | €79,702 | €27,592 | ▼ 65.4% |
| Amounts payable within one year42/48 | €63,527 | €10,922 | ▼ 82.8% |
| Trade debts44 | €1,500 | €1,500 | = |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €64,049 | €70,222 | ▲ 9.6% |
| Operating cash flow (approximation) | €64,049 | €70,222 | ▲ 9.6% |
| Change in cash | - | €4,574 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity times 6current ratio 44.18
Current ratio from 7.31 to 44.18; short-term debt falls from €63,527 to €10,922.
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
12-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
27-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
19-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
02-03
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
08-03
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, La Hulpe · 1 establishment unit since 2002
Ground area
818 m²
Building footprint
138 m²
Volume, LiDAR
906 m³
Parcel 25050B0479/00X000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue Bon Air 7, 1310 La Hulpe
since 20022.041.756.364
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050B0479/00X000 | Wallonia | 818 m² | 1 · 138 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formGeneral partnership
Founded09-01-1989
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436358557
Registered
18-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.