JEMCO
ActiveSummary
JEMCO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.74M and a net result of €-321k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-37
Solvency55▼-14
Growth46▼-4
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 2.39 in 2024; short-term debt: 20.3% and cash: 2.3% of total assets), and 70.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.7%
Return on assets
-5.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 10 filingsDeviation from the deadline
2025
48 d late
2024
363 d late
2023
29 d late
2022
on the day
2021
2 d early
2020
68 d late
2019
83 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.95M▼ 17.0%
2024 · €4.76M
2018: €3.91M
2019: €4.33M
2020: €4.06M
2021: €5.26M
2022: €5.86M
2023: €4.82M
2024: €4.76M
2018 → 2025
EBIT margin
-4.8%▼ 7.9pp
2024 · 3.1%
2018: 7.7%
2019: 5.7%
2020: 6.6%
2021: 4.8%
2022: 4.3%
2023: 5.5%
2024: 3.1%
2018 → 2025
Net result
€-321k
2024 · €45k
2018: €191k
2019: €202k
2020: €224k
2021: €214k
2022: €228k
2023: €204k
2024: €45k
2018 → 2025
Working capital
€438k▼ 70.3%
2024 · €1.47M
2018: €191k
2019: €338k
2020: €618k
2021: €1.04M
2022: €1.14M
2023: €1.16M
2024: €1.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.26M-€5.86M▲ 11.5%€4.82M▼ 17.9%€4.76M▼ 1.2%€3.95M▼ 17.0%
Equity€1.56M-€1.79M▲ 14.6%€2.00M▲ 11.4%€2.04M▲ 2.3%€1.74M▼ 14.7%
Operating result€253k-€253k=€263k▲ 4.2%€146k▼ 44.4%€-191k
Net result€214k-€228k▲ 6.7%€204k▼ 10.5%€45k▼ 77.9%€-321k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €191k after €146k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.86M
Fixed assets
€4.23M ▲ 104%
Current assets
€1.63M ▼ 35.7%
Equity and liabilities €5.86M
Equity
€1.74M ▼ 14.7%
Debt
€4.12M ▲ 60.4%
Debt's share of the balance-sheet total rises from 55.7% to 70.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45k▼
2024 · €336k
Cash flow
€-86k▼
2024 · €235k
Current ratio
1.37▼
2024 · 2.39
Quick ratio
0.72▼
2024 · 1.77
Debt to equity
2.37▲
2024 · 1.26
ROE
-18.4%▼
2024 · 2.2%
ROA
-5.5%▼
2024 · 1.0%
Interest coverage
0.34▼
2024 · 4.61
Debt ≤ 1 year
€1.19M▲
2024 · €1.06M
Debt > 1 year
€2.65M▲
2024 · €768k
Income taxes
€1k▼
2024 · €56k
Staff costs
€1.57M▲
2024 · €1.50M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 86 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.61M€5.86M▲
Fixed assets21/28€2.08M€4.23M▲
Intangible fixed assets21-€34k
Tangible fixed assets22/27€2.08M€4.20M▲
Land and buildings22€1.38M€1.45M▲
Plant, machinery and equipment23€560k€753k▲
Furniture and vehicles24€89k€33k▼
Leasing and similar rights25€47k€95k▲
Assets under construction and advance payments27-€1.87M
Financial fixed assets28€135€135=
Other financial fixed assets284/8€135€135=
Amounts receivable and cash guarantees285/8€135€135=
Current assets29/58€2.53M€1.63M▼
Stocks and contracts in progress3€654k€774k▲
Stocks30/36€654k€774k▲
Work in progress32€101k€186k▲
Goods purchased for resale34€553k€588k▲
Amounts receivable within one year40/41€1.31M€693k▼
Trade receivables40€1.30M€668k▼
Other amounts receivable41€11k€25k▲
Current investments50/53€251k€91▼
Other investments51/53€251k€91▼
Cash at bank and in hand54/58€226k€133k▼
Deferred charges and accrued income490/1€92k€29k▼
Equity and liabilities
Total equity and liabilities10/49€4.61M€5.86M▲
Equity10/15€2.04M€1.74M▼
Contributions10/11€99k€99k=
Capital10€99k€99k=
Issued capital100€99k€99k=
Revaluation surpluses12€1.23M€1.23M=
Reserves13€556k€556k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€547k€547k=
Profit (loss) carried forward14€153k€-168k▼
Investment grants15-€22k
Amounts payable17/49€2.57M€4.12M▲
Amounts payable after more than one year17€768k€2.65M▲
Financial debts170/4€768k€2.65M▲
Credit institutions173€768k€2.65M▲
Amounts payable within one year42/48€1.06M€1.19M▲
Current portion of amounts payable after more than one year42€122k€273k▲
Financial debts43€456k€396k▼
Credit institutions430/8€456k€396k▼
Trade debts44€275k€307k▲
Suppliers440/4€275k€307k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€206k€214k▲
Taxes450/3€23k€17k▼
Remuneration and social security454/9€182k€196k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€741k€276k▼
Income statement
Code20242025
Operating income70/76A€4.78M€4.30M▼
Turnover70€4.76M€3.95M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-23k€173k▲
Own construction capitalised72-€120k
Other operating income74€51k€56k▲
Non-recurring operating income76A-€4k
Operating charges60/66A€4.64M€4.49M▼
Goods for resale, raw materials and consumables60€1.69M€1.32M▼
Purchases600/8€1.41M€1.32M▼
Change in stocks: decrease (increase)609€275k€-145▼
Services and other goods61€1.18M€1.30M▲
Remuneration, social security and pensions62€1.50M€1.57M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€190k€236k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€30k
Other operating charges640/8€33k€35k▲
Non-recurring operating charges66A€39k€3k▼
Operating profit (loss)9901€146k€-191k▼
Financial income75/76B€30k€6k▼
Recurring financial income75€30k€6k▼
Income from current assets751€167€2k▲
Other financial income752/9€30k€4k▼
Financial charges65/66B€75k€135k▲
Recurring financial charges65€75k€135k▲
Debt charges650€73k€131k▲
Other financial charges652/9€2k€3k▲
Profit (loss) for the period before taxes9903€101k€-320k▼
Income taxes67/77€56k€1k▼
Taxes670/3€56k€1k▼
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€45k€-321k▼
Profit (loss) for the period to be appropriated9905€45k€-321k▼
Appropriation of the result
Profit (loss) to be appropriated9906€153k€-168k▼
Profit (loss) brought forward from the previous period14P€108k€153k▲
Social balance
Average headcount (FTE)908736.136.5▲
The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 48 days late
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 363 days late
2025
31-12
Financial
Weakest financial yearnet €-321k ▼811%
Net result drops to €-321k, the lowest in the series.
2024
31-12
Financial
Equity above €2MEq €2.04M ▲2.3%
7 profitable years in a row build equity to €2.04M.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €228k ▲6.7%
Net result €228k, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 68 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 83 days late
2019
31-12
Financial
Equity above €1MEq €1.12M ▲21.8%
2 profitable years in a row build equity to €1.12M.
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 63 days late
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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, Aiseau-Presles · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Port (PL) 66250 Aiseau-PreslesGround area
2.2 ha
Building footprint
3,693 m²
Volume, LiDAR
32,478 m³
Parcel 52056C0141/00A002, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Port (PL) 6, 6250 Aiseau-Presles
since 20002.102.883.685
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52056C0141/00A002 | Wallonia | 2.2 ha | 1 · 3,693 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Recognised contractor
4 categoriesJEMCO SA41687
Similar companies · same sector, comparable size
METALPROJECTS
BE 0430.096.911
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IMAKO
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LM - DE PRIL
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Balen · Eq €1,715,376
ACERO GROUP SCHOTEN
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Schoten · Eq €1,769,446
GEERITS CONSTRUCTIE
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Bree · Eq €1,781,618
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,108 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-02-1993
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.