JEMAD
ActiveSummary
The computed 12-month bankruptcy probability of JEMAD is 1.9% (moderate). The 2025 annual accounts show equity of €5,547 and a net result of €1,387. Equity is shrinking by ~3.8% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 3 days after 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 (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,073 | €2,804 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,277 | €2,410 | €2,092 | €1,270 | €799 | ▼ 37.1% |
| Other operating charges640/8 | - | €2,292 | €2,339 | €412 | €387 | ▼ 6.0% |
| Non-recurring operating charges66A | - | - | - | - | €378 | - |
| Gross operating margin9900 | €12,845 | €9,078 | €4,268 | -€1,421 | €3,266 | ▲ 330% |
| Operating profit (loss)9901 | €11,308 | €4,376 | -€164 | -€3,104 | €1,701 | ▲ 155% |
| Financial income75/76B | - | €348 | €253 | €309 | €370 | ▲ 19.9% |
| Recurring financial income75 | €1,002 | €348 | €253 | €309 | €370 | ▲ 19.9% |
| Financial charges65/66B | - | €895 | €1,077 | €1,339 | €685 | ▼ 48.9% |
| Recurring financial charges65 | €504 | €895 | €1,077 | €1,339 | €685 | ▼ 48.9% |
| Profit (loss) for the period before taxes9903 | €11,806 | €3,830 | -€988 | -€4,134 | €1,387 | ▲ 134% |
| Income taxes67/77 | €4,269 | €1,530 | €245 | €181 | - | - |
| Profit (loss) for the period9904 | €7,537 | €2,299 | -€1,234 | -€4,315 | €1,387 | ▲ 132% |
| Profit (loss) for the period to be appropriated9905 | €7,537 | €2,299 | -€1,234 | -€4,315 | €1,387 | ▲ 132% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20,835 | €17,832 | €14,609 | €13,736 | €11,629 | ▼ 15.3% |
| Fixed assets21/28 | €5,276 | €6,026 | €3,933 | €2,663 | €1,864 | ▼ 30.0% |
| Tangible fixed assets22/27 | €5,276 | €6,026 | €3,933 | €2,663 | €1,864 | ▼ 30.0% |
| Furniture and vehicles24 | - | €338 | - | - | - | - |
| Other tangible fixed assets26 | - | €5,688 | €3,933 | €2,663 | €1,864 | ▼ 30.0% |
| Current assets29/58 | €15,558 | €11,806 | €10,676 | €11,073 | €9,765 | ▼ 11.8% |
| Amounts receivable within one year40/41 | €14,281 | €11,409 | €10,351 | €10,248 | €8,504 | ▼ 17.0% |
| Other amounts receivable41 | - | €11,409 | €10,351 | €10,248 | €8,504 | ▼ 17.0% |
| Cash at bank and in hand54/58 | €496 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | €397 | €325 | €824 | €1,261 | ▲ 53.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20,835 | €17,832 | €14,609 | €13,736 | €11,629 | ▼ 15.3% |
| Equity10/15 | €6,875 | €9,708 | €8,475 | €4,160 | €5,547 | ▲ 33.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €620 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | - | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | - | €620 | €620 | €620 | €620 | = |
| Profit (loss) carried forward14 | €55 | €2,888 | €1,655 | -€2,660 | -€1,273 | ▲ 52.1% |
| Amounts payable17/49 | €13,960 | €8,123 | €6,135 | €9,576 | €6,082 | ▼ 36.5% |
| Amounts payable within one year42/48 | €13,945 | €8,123 | €6,135 | €9,555 | €6,054 | ▼ 36.6% |
| Current portion of amounts payable after more than one year42 | - | €2,000 | €2,000 | €2,000 | €500 | ▼ 75.0% |
| Financial debts43 | - | €710 | €556 | €1,050 | €439 | ▼ 58.2% |
| Credit institutions430/8 | - | €710 | €556 | €1,050 | €439 | ▼ 58.2% |
| Trade debts44 | €8,695 | €5,413 | €3,579 | €6,504 | €5,114 | ▼ 21.4% |
| Suppliers440/4 | - | €5,413 | €3,579 | €6,504 | €5,114 | ▼ 21.4% |
| Accrued charges and deferred income492/3 | - | - | - | €21 | €28 | ▲ 31.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,537 | €2,299 | -€1,234 | -€4,315 | €1,387 | ▲ 132% |
| + Depreciation and write-downs630 | €1,277 | €2,410 | €2,092 | €1,270 | €799 | ▼ 37.1% |
| Operating cash flow (approximation) | €8,814 | €4,709 | €859 | -€3,045 | €2,187 | ▲ 172% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0315/00F003 | Brussels | 239 m² | 1 · 131 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.