Turnover
≈ €140,000 estimated
The micro format states no turnover.
JEM
Overview
Lifetime
2 annual accounts with figures on one time axispeak €71,556 (2024)
€46,729▼ 34.7%
peak €55,179 (2024)
€35,722▼ 35.3%
peak €92,401 (2025)
€92,401▲ 63.0%
€15,193▼ 24.8%
Board1 name since 2023
1 directorFESTJENS Jonas Etienne Werner
Documentsfilings and deeds
11-03-202650 days before the deadline
2025micro format
Gross margin from €71,556 to €46,729Result from €55,179 to €35,722Equity from €56,679 to €92,401Debts from €20,203 to €15,193Investments €2,522Cash from €38,682 to €53,282
Key points
from the 2025 annual accountsInvestments
€2,522 2.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 69.7% higher than in 2024.
Liquidity
6.88 was 3.65 in 2024
Short-term debts fell from €20,199 to €14,997.
Checked score
98
Excellent
Financially stronger than 86% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025highest value
03-2025: 0.4%● unchanged vs 02-2025highest value
04-2025: < 0.1%▼ -0.4 percentage points vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 6.88, cash €53,282
Equity €92,401 (85.9% of total assets)
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 70, micro). It does better than 86% of them on solvency, 92% on liquidity, 84% on profitability and 83% 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 30-09-2025.
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, 39,278 companies had the same profile as JEM has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JEM itself is lower: < 0.1% within 12 months. It rests on far more data about JEM 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 39,278 companies, not a prediction for JEM. 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
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.88 (3.65 in 2024), above the usual 1.5. Short-term debt is 13.9% and cash 49.5% of total assets. 14.1% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-03-2026, 50 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
50 days early
2024
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 42 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805508487
Incorporation
Founding capital of €1,500, 1,500 shares · Founder: FESTJENS Jonas Etienne Werner · Appointment: FESTJENS Jonas Etienne Werner (director) · published on 07-09-2023 · Gazette deed
First establishment
Kortrijksesteenweg 374, Harelbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JEM Harelbeke | €107,595 | €46,729 | 85.9% | - |
| FRESJ Wevelgem | €118,641 | €47,848 | 61.1% | - |
| Dauw Izegem | €96,935 | €49,814 | 58.7% | - |
| Franceus Consulting Waregem | €97,184 | €49,524 | 66.4% | - |
| ARTHUR MAENHOUT Waregem | €107,945 | €51,376 | 70.7% | - |
| MAR.CEL Ypres | €104,792 | €50,637 | 53.3% | - |
| Raven Enterprises Kortrijk | €123,099 | €45,281 | 55.8% | - |
These companies have the same main activity as JEM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €96,900 and €123,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 05-09-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.348.882.6158530 Harelbeke, since 05-09-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-09-2025
- €46,729▼ 34.7%
- €35,722▼ 35.3%
- €92,401▲ 63.0%
- €107,595▲ 39.9%
- Filing
- Filed on 11-03-2026, 50 days before the end of the filing period
Insights on JEM
JEM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,401 and a net result of €35,722.
Its solvency ranks better than 84% of 39,364 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 11-03-2026, 50 days before the deadline€46,729
▼ 34.7%
€45,250
▼ 36.3%
€35,722
▼ 35.3%
€88,161
▲ 64.8%
85.9%
▲ 12.2 percentage points
6.88
▲ 3.23
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 ≈ €140,000. Estimated: probably between €81,000 and €190,000.
Balance sheet
balance sheet total €107,595 on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
85.9%
Higher than 84% of 39,364 companies in 2025.
6.88
Higher than 85% of 38,048 companies in 2025.
33.2%
Higher than 74% of 38,520 companies in 2025.
JEM
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
107,595 | 76,882 | |
21/28 |
4,437 | 3,176 | |
22/27 |
4,437 | 3,176 | |
23 |
3,864 | 2,276 | |
24 |
573 | 900 | |
29/58 |
103,158 | 73,706 | |
40/41 |
47,620 | 30,271 | |
40 |
8,000 | 9,680 | |
41 |
39,620 | 20,591 | |
54/58 |
53,282 | 38,682 | |
490/1 |
2,255 | 4,753 | |
| Balance sheet: equity and liabilities | |||
10/49 |
107,595 | 76,882 | |
10/15 |
92,401 | 56,679 | |
10/11 |
1,500 | 1,500 | |
14 |
90,901 | 55,179 | |
17/49 |
15,193 | 20,203 | |
42/48 |
14,997 | 20,199 | |
44 |
1,052 | 1,526 | |
440/4 |
1,052 | 1,526 | |
45 |
13,945 | 18,673 | |
450/3 |
12,431 | 18,673 | |
454/9 |
1,514 | - | |
492/3 |
196 | 4 | |
| Income statement | |||
9900 |
46,729 | 71,556 | |
630 |
1,261 | 326 | |
640/8 |
218 | 219 | |
9901 |
45,250 | 71,011 | |
75/76B |
1,670 | 587 | |
75 |
1,670 | 587 | |
65/66B |
1,810 | 2,205 | |
65 |
1,810 | 2,205 | |
9903 |
45,110 | 69,393 | |
67/77 |
9,388 | 14,214 | |
9904 |
35,722 | 55,179 | |
9905 |
35,722 | 55,179 | |
| Appropriation of the result | |||
9906 |
90,901 | 55,179 | |
14P |
55,179 | - | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 46,512 | 71,337 | ||
| 36,983 | 55,505 | ||
| 2,522 | 3,502 | ||
| 14,601 | - | ||
| 88,161 | 53,507 | ||
| 85.9% | 73.7% | ||
| 6.88 | 3.65 | ||
| 0.16 | 0.36 | ||
| 38.7% | 97.4% | ||
| 33.2% | 71.8% | ||
| 25.70 | 32.35 |
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 | 30-09-2025 | 30-09-2024 |
|---|---|---|
| Tangible fixed assets | €2,522 | €3,502 |
| €1,261 | €326 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on JEM
The operating result for 2025 is 36% lower than in 2024.
Debt's share of the balance-sheet total falls from 26.3% to 14.1%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 07-09-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 11-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 07-09-2023
Mandates through the years
1 name, the dashed line is todayFESTJENS Jonas Etienne Werner
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- FESTJENS Jonas Etienne Werner
- Director (not named in the articles), appointed by deed of 07-09-2023, still in office
Control
Capital
- Contribution
- €1,500
- Shares
- 1,500
- Contribution per share
- €1
- Equity per share
- €61.60 in 2025
- Source
- deed of 07-09-2023
Articles of association
deed of 07-09-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of March at 18:00
Shareholders
At incorporation
deed of 07-09-2023 ↗
- FESTJENS Jonas Etienne Werner 1,500 shares (100%) · €1,500
Network & group
No group
JEM has no parent and no holdings in its annual accounts. FESTJENS Jonas Etienne Werner is the only director. JEM shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 30-04-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0805508487
Annual accounts 2025 filed PDFmicro format · 50 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2023
IncorporationFounding capital of €1,500, 1,500 shares · Founder: FESTJENS Jonas Etienne Werner · Appointment: FESTJENS Jonas Etienne Werner (director) · published on 07-09-20235 points ▸
- Founder, FESTJENS Jonas Etienne Werner
- Board rule, 1
- Director appointment, FESTJENS Jonas Etienne Werner (director (not named in the articles))
- Registered office clause, Kortrijksesteenweg 374, 8530 Harelbeke
- Founding capital, €1,500, 1,500 shares
- The deed holds 3 more points.
First establishment Kortrijksesteenweg 374, Harelbeke
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
JEM was incorporated on 5 September 2023 as a private limited company by one natural person, with a starting capital of €1,500.12 FESTJENS Jonas Etienne Werner is director of the company, appointed by deed of 07-09-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0805.508.487
- VAT number
- BE 0805.508.487
- Peppol ID
- 0208:0805508487
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-09-2023
- Financial year
- ends on 30 September
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of March at 18:00deed of 07-09-2023 (in Dutch)
- Peppol
- Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- JEM in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 07-09-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 07-09-2023 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
70100
Activities of head offices
70210
Activities of head offices; management consultancy activities
82990
Other business support services
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kortrijksesteenweg 374 registered office 8530 Harelbeke | 05-09-2023 | 2.348.882.615 |
Buildings and parcels at the address
- Ground area
- 683 m²
- Buildings
- 115 m²
- Volume, LiDAR
- 738 m³
- Tallest building
- 10.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34013A1176/00H000 | 683 m² | 1 · 115 m² | 10.8 m · 2 |