Equity
€629 ▼ 97.1%
JEMAV paid out €22,000 in dividends. That is 1,773% of the 2025 profit.
JEMAV
Lifetime
4 annual accounts with figures on one time axispeak €19,029 (2024)
€3,598▼ 81.1%
peak €13,134 (2023)
€1,241▼ 66.2%
peak €21,388 (2024)
€629▼ 97.1%
€27,451▲ 106%
Board1 name since 2021
1 directorEL MAJJATI Jaouad
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €19,029 to €3,598Result from €3,670 to €1,241Dividend €22,000Equity from €21,388 to €629Debts from €13,339 to €27,451Cash from €8,752 to €3,666
Key points
from the 2025 annual accountsTurnover
≈ €27,000 estimated
The micro format states no turnover.
Debts
€27,451 98% of the balance sheet
Suppliers 4%Taxes and wages 15%Other 81%
Of this, €27,211 falls due within a year.
Liquidity
1.03 was 2.60 in 2024
Short-term debts rose from €13,339 to €27,211.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 18 to 37 days before the end of the period.
Position in the sector
€629
Less equity than 90% of companies in civil engineering. Sector median €54,526 · 1,264 companies.
Checked score
63
Healthy
Financially stronger than 13% of micro companies in civil engineering (NACE 42)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.1%▲ +0.1 percentage points vs 02-2025
04-2025: 1.3%▲ +0.2 percentage points vs 03-2025
05-2025: 1.6%▲ +0.3 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.4%▼ -0.2 percentage points vs 06-2025
08-2025: 1.0%▼ -0.4 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 0.9%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 1.0%▲ +0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.2 percentage points vs 03-2026
05-2026: 1.6%▲ +0.4 percentage points vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 1.8%● unchanged vs 08-2026highest value
10-2026: 1.2%▼ -0.6 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2021
Equity €629 (2.2% of total assets)
lowers risk
Size: total assets €28,080
Figures for financial year 2025 (filed on 13-07-2026)
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 42, micro). It does better than 10% of them on solvency, 10% on liquidity, 25% on profitability and 5% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 2,135 companies had the same profile as JEMAV has now. Each dot stands for 6 companies, two years later.
92.0%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JEMAV itself: 1.2% within 12 months.
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 2,135 companies, not a prediction for JEMAV. 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.
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1263 sector peers (2025).
NBB · sector comparisonPosition among 1263 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
18 days early
2024
20 days early
2023
35 days early
2022
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 28 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0777398481
Registered office moved from Antwerp to Deurne
New registered office: Van den Hautelei 167 bus 503, 2100 Deurne · Previous registered office: Amerikalei 74 bus 6, 2000 Antwerpen · General meeting of 23-09-2024 · Gazette deed
Incorporation
Founding capital of €100, 100 shares · Founder: EL MAJJATI Jaouad · Appointment: EL MAJJATI Jaouad (director) · published on 18-11-2021 · Gazette deed
First establishment
Van den Hautelei 167, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JEMAV Antwerp | €28,080 | €3,598 | 2.2% | - |
| ESL Services Antwerp | €28,726 | €3,887 | 0.9% | - |
| CEVO-TECH Zele | €37,090 | €3,884 | 4.6% | - |
| H&H TECH Zele | €43,108 | €3,749 | 77.5% | - |
| Modern Electric Kortenberg | €20,241 | €6,155 | 58.4% | - |
| VLSanitair & VLElectric Schoten | €29,827 | €6,949 | 91.6% | - |
| FSM Solutions Group Lier | €34,956 | €5,242 | 8.6% | - |
These companies have the same main activity as JEMAV: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €20,200 and €43,100, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 16-11-2021Normal situation
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220and 1 other
- Establishment unit
- 2.324.043.6852100 Antwerp, since 16-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 29-09-2025
Annual accounts 2025
- €28,080▼ 19.1%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on JEMAV
JEMAV files the micro format. That format states no turnover. The gross margin fell from €13,831 in 2022 to €3,598 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JEMAV
- What is the company number of JEMAV?
- The company number of JEMAV is 0777.398.481. The VAT number is the same number with BE in front: BE 0777.398.481.
- Where is JEMAV based?
- The registered office is at Van den Hautelei 167, 2100 Antwerp.Company details
- What does JEMAV do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of JEMAV?
- JEMAV is a private limited company (BV).
- When was JEMAV founded?
- JEMAV was founded on 16-11-2021.
- Is JEMAV still active?
- Yes, JEMAV is an active enterprise in the KBO register.
- What is the turnover of JEMAV?
- The turnover in financial year 2025 is ≈ €27,000. This figure is estimated from the gross margin of €3,598 and 6,299 comparable companies of the same size. It probably lies between €13,000 and €66,000. It is a rough estimate.Financials
- Is JEMAV profitable?
- In financial year 2025, JEMAV made a profit of €1,241.
- Where can I find the annual accounts of JEMAV?
- JEMAV filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JEMAV due?
- JEMAV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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