JEMAKOR
ActiveSummary
The computed 12-month bankruptcy probability of JEMAKOR is 4.6% (elevated). The 2025 annual accounts show equity of €40,883 and a net result of -€13,244. Equity is shrinking by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 13874 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-24
Solvency79▼-7
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.73 against 1.89 in 2024; short-term debt: 44.4% and cash: 10.4% of total assets), and 46% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
54%
Return on assets
-17.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€13,244
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
6 d late
2024
1 d early
2023
9 d late
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 3 February (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€40,883▼ 24.5%
2024 · €54,127
Total assets
€75,674▼ 15.2%
2024 · €89,259
Net result
-€13,244▼ 71.4%
2024 · -€7,727
Working capital
€24,629▼ 13.9%
2024 · €28,596
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€41,845-€26,761▼ 36.0%-€4,851-€10,271▼ 112%
Net result€33,763above the sector's middle half-€18,091within the sector's middle half▼ 46.4%-€7,727below the sector's middle half-€13,244below the sector's middle half▼ 71.4%
Equity€43,763within the sector's middle half-€61,854within the sector's middle half▲ 41.3%€54,127within the sector's middle half▼ 12.5%€40,883within the sector's middle half▼ 24.5%
Total assets€106,044within the sector's middle half-€167,078within the sector's middle half▲ 57.6%€89,259within the sector's middle half▼ 46.6%€75,674within the sector's middle half▼ 15.2%
Debt€62,280-€105,224▲ 69.0%€35,132▼ 66.6%€34,790▼ 1.0%
Working capital€15,545within the sector's middle half-€30,944within the sector's middle half▲ 99.1%€28,596within the sector's middle half▼ 7.6%€24,629within the sector's middle half▼ 13.9%
Solvency41.3%within the sector's middle half-37.0%within the sector's middle half▼ 4.2pp60.6%above the sector's middle half▲ 23.6pp54.0%within the sector's middle half▼ 6.6pp
Current ratio1.31within the sector's middle half-1.32within the sector's middle half▲ 0.011.89within the sector's middle half▲ 0.561.73within the sector's middle half▼ 0.15
Return on assets (ROA)31.8%above the sector's middle half-10.8%within the sector's middle half▼ 21.0pp-8.7%below the sector's middle half▼ 19.5pp-17.5%below the sector's middle half▼ 8.8pp
Staff (FTE)1.1-1.5▲ 36.4%0.9▼ 40.0%0.3▼ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,271 in 2025 against €4,851 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75,674
Fixed assets
€17,425 ▼ 38.6%
Current assets
€58,249 ▼ 4.3%
Equity and liabilities €75,674
Equity
€40,883 ▼ 24.5%
Debt
€34,790 ▼ 1.0%
Debt's share of the balance-sheet total rises from 39.4% to 46.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€675▼
2024 · €6,499
Cash flow
-€2,299▼
2024 · €3,623
Quick ratio
0.54▼
2024 · 0.66
Debt to equity
0.85▲
2024 · 0.65
ROE
-32.4%▼
2024 · -14.3%
Interest coverage
0.23▼
2024 · 2.19
Debt ≤ 1 year
€33,620▲
2024 · €32,293
Debt > 1 year
€1,171▼
2024 · €2,838
Income taxes
€60▼
2024 · €98
Staff costs
€2,486▼
2024 · €27,329
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
9.5%
stopped otherwise
87%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.6% 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 497,341 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% | 1.8% |
| 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 3,592 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €27,930 | €35,674 | €27,329 | €2,486 | ▼ 90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,181 | €10,315 | €11,350 | €10,945 | ▼ 3.6% |
| Other operating charges640/8 | €517 | €1,147 | €512 | €570 | ▲ 11.4% |
| Gross operating margin9900 | €77,473 | €73,898 | €34,339 | €3,731 | ▼ 89.1% |
| Operating profit (loss)9901 | €41,845 | €26,761 | -€4,851 | -€10,271 | ▼ 112% |
| Financial income75/76B | €347 | €541 | €182 | €8 | ▼ 95.6% |
| Recurring financial income75 | €347 | €541 | €182 | €8 | ▼ 95.6% |
| Financial charges65/66B | €1,117 | €2,668 | €2,961 | €2,921 | ▼ 1.3% |
| Recurring financial charges65 | €1,117 | €2,668 | €2,961 | €2,921 | ▼ 1.3% |
| Profit (loss) for the period before taxes9903 | €41,074 | €24,634 | -€7,629 | -€13,184 | ▼ 72.8% |
| Income taxes67/77 | €7,311 | €6,543 | €98 | €60 | ▼ 38.6% |
| Profit (loss) for the period9904 | €33,763 | €18,091 | -€7,727 | -€13,244 | ▼ 71.4% |
| Profit (loss) for the period to be appropriated9905 | €33,763 | €18,091 | -€7,727 | -€13,244 | ▼ 71.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €106,044 | €167,078 | €89,259 | €75,674 | ▼ 15.2% |
| Fixed assets21/28 | €40,525 | €39,720 | €28,370 | €17,425 | ▼ 38.6% |
| Intangible fixed assets21 | €6,127 | €4,627 | €3,127 | €1,627 | ▼ 48.0% |
| Tangible fixed assets22/27 | €34,398 | €35,092 | €25,242 | €15,797 | ▼ 37.4% |
| Land and buildings22 | €1,433 | €1,980 | €1,670 | €1,360 | ▼ 18.6% |
| Plant, machinery and equipment23 | €21,587 | €24,136 | €16,998 | €10,264 | ▼ 39.6% |
| Furniture and vehicles24 | €4,098 | €3,238 | €2,378 | €1,518 | ▼ 36.2% |
| Leasing and similar rights25 | €7,280 | €5,739 | €4,197 | €2,656 | ▼ 36.7% |
| Current assets29/58 | €65,519 | €127,359 | €60,889 | €58,249 | ▼ 4.3% |
| Stocks and contracts in progress3 | €34,002 | €43,989 | €39,643 | €40,246 | ▲ 1.5% |
| Stocks30/36 | €34,002 | €43,989 | €39,643 | €40,246 | ▲ 1.5% |
| Amounts receivable within one year40/41 | €5,938 | €54,190 | €4,711 | €6,446 | ▲ 36.8% |
| Trade receivables40 | €5,103 | €51,703 | €2,957 | €5,309 | ▲ 79.5% |
| Other amounts receivable41 | €835 | €2,487 | €1,754 | €1,137 | ▼ 35.1% |
| Cash at bank and in hand54/58 | €24,665 | €26,288 | €13,249 | €7,905 | ▼ 40.3% |
| Deferred charges and accrued income490/1 | €914 | €2,892 | €3,286 | €3,651 | ▲ 11.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €106,044 | €167,078 | €89,259 | €75,674 | ▼ 15.2% |
| Equity10/15 | €43,763 | €61,854 | €54,127 | €40,883 | ▼ 24.5% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €33,763 | €51,854 | €44,127 | €30,883 | ▼ 30.0% |
| Amounts payable17/49 | €62,280 | €105,224 | €35,132 | €34,790 | ▼ 1.0% |
| Amounts payable after more than one year17 | €12,307 | €7,178 | €2,838 | €1,171 | ▼ 58.8% |
| Financial debts170/4 | €12,307 | €7,178 | €2,838 | €1,171 | ▼ 58.8% |
| Amounts payable within one year42/48 | €49,973 | €96,414 | €32,293 | €33,620 | ▲ 4.1% |
| Current portion of amounts payable after more than one year42 | €4,995 | €5,129 | €4,339 | €1,207 | ▼ 72.2% |
| Trade debts44 | €20,704 | €62,783 | €10,035 | €12,506 | ▲ 24.6% |
| Suppliers440/4 | €20,704 | €62,783 | €10,035 | €12,506 | ▲ 24.6% |
| Taxes, remuneration and social security45 | €19,721 | €19,352 | €10,371 | €8,490 | ▼ 18.1% |
| Taxes450/3 | €15,166 | €17,386 | €7,353 | €5,352 | ▼ 27.2% |
| Remuneration and social security454/9 | €4,555 | €1,966 | €3,018 | €3,138 | ▲ 4.0% |
| Other amounts payable47/48 | €4,553 | €9,150 | €7,548 | €11,417 | ▲ 51.3% |
| Accrued charges and deferred income492/3 | - | €1,632 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,763 | €18,091 | -€7,727 | -€13,244 | ▼ 71.4% |
| + Depreciation and write-downs630 | €7,181 | €10,315 | €11,350 | €10,945 | ▼ 3.6% |
| Operating cash flow (approximation) | €40,944 | €28,406 | €3,623 | -€2,299 | ▼ 163% |
| Investment in fixed assets (approximation) | - | -€9,510 | €0 | €0 | - |
| Change in cash | - | €1,623 | -€13,038 | -€5,344 | ▲ 59.0% |
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
Next filing, fiscal year 2026, expected by
2026
06-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
30-06
Financial
Weakest financial yearnet -€13,244
Net result drops to -€13,244, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2021
Ground area
90 m²
Building footprint
90 m²
Volume, LiDAR
1,438 m³
Parcel 34022G0190/00E005, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Het Paleitje
since 20212.320.105.584
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022G0190/00E005 | Flanders | 90 m² | 1 · 90 m² | 17.3 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.320.105.584
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Of 13,991 companies in this sector we hold annual accounts for 4,899. 4,104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded20-07-2021
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0771595606
Also
9925:BE0771595606
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.