JEMU
ActiveSummary
JEMU has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €23k. Equity is growing by ~59.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+2
Solvency85▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 1.84 in 2023; short-term debt: 39.6% of total assets), and 39.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
8 d early
2022
11 d early
2021
37 d early
2020
25 d late
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€80k▲ 32.8%
2023 · €61k
2018: €-2klowest in 7 years
2019: €-2k▲ +31.2% vs 2018
2020: €21k▲ +1341% vs 2019
2021: €25k▲ +17.8% vs 2020
2022: €43k▲ +71.2% vs 2021
2023: €61k▲ +41.4% vs 2022
2024: €80k▲ +32.8% vs 2023highest in 7 years
2018 → 2024
Total assets
€133k▲ 8.0%
2023 · €123k
2018: €48k
2019: €43k▼ -11.0% vs 2018lowest in 7 years
2020: €47k▲ +10.9% vs 2019
2021: €62k▲ +30.5% vs 2020
2022: €65k▲ +4.9% vs 2021
2023: €123k▲ +89.9% vs 2022
2024: €133k▲ +8.0% vs 2023highest in 7 years
2018 → 2024
Net result
€23k▲ 22.1%
2023 · €19k
2018: €30khighest in 7 years
2019: €776▼ -97.4% vs 2018lowest in 7 years
2020: €23k▲ +2858% vs 2019
2021: €5k▼ -80.0% vs 2020
2022: €19k▲ +306% vs 2021
2023: €19k▼ -0.3% vs 2022
2024: €23k▲ +22.1% vs 2023
2018 → 2024
Working capital
€70k▲ 32.5%
2023 · €53k
2018: €-5klowest in 7 years
2019: €-4k▲ +22.6% vs 2018
2020: €19k▲ +637% vs 2019
2021: €21k▲ +10.0% vs 2020
2022: €35k▲ +66.0% vs 2021
2023: €53k▲ +49.6% vs 2022
2024: €70k▲ +32.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€25k▲ 17.8%€43k▲ 71.2%€61k▲ 41.4%€80k▲ 32.8%
2020: €21klowest in 5 years
2021: €25k▲ +17.8% vs 2020
2022: €43k▲ +71.2% vs 2021
2023: €61k▲ +41.4% vs 2022
2024: €80k▲ +32.8% vs 2023highest in 5 years
Operating result€27k-€8k▼ 70.3%€27k▲ 245%€27k▼ 2.9%€31k▲ 16.0%
2020: €27k
2021: €8k▼ -70.3% vs 2020lowest in 5 years
2022: €27k▲ +245% vs 2021
2023: €27k▼ -2.9% vs 2022
2024: €31k▲ +16.0% vs 2023highest in 5 years
Net result€23k-€5k▼ 80.0%€19k▲ 306%€19k▼ 0.3%€23k▲ 22.1%
2020: €23khighest in 5 years
2021: €5k▼ -80.0% vs 2020lowest in 5 years
2022: €19k▲ +306% vs 2021
2023: €19k▼ -0.3% vs 2022
2024: €23k▲ +22.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €133k
Fixed assets
€10k ▲ 34.6%
Current assets
€123k ▲ 6.3%
Equity and liabilities €133k
Equity
€80k ▲ 32.8%
Debt
€53k ▼ 15.9%
Debt's share of the balance-sheet total falls from 50.9% to 39.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2023 · €30k
Cash flow
€27k▲
2023 · €22k
Current ratio
2.33▲
2023 · 1.84
Quick ratio
1.48▲
2023 · 1.15
Debt to equity
0.66▼
2023 · 1.04
ROE
28.2%▼
2023 · 30.6%
ROA
17.0%▲
2023 · 15.0%
Interest coverage
18.52▼
2023 · 28.08
Debt ≤ 1 year
€53k▼
2023 · €63k
Income taxes
€9k▲
2023 · €8k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€123k€133k▲
Fixed assets21/28€8k€10k▲
Intangible fixed assets21-€674
Tangible fixed assets22/27€8k€9k▲
Plant, machinery and equipment23€8k€9k▲
Current assets29/58€116k€123k▲
Stocks and contracts in progress3€44k€45k▲
Stocks30/36€44k€45k▲
Amounts receivable within one year40/41€71k€78k▲
Trade receivables40€40k€32k▼
Other amounts receivable41€31k€46k▲
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€1k€674▼
Equity and liabilities
Total equity and liabilities10/49€123k€133k▲
Equity10/15€61k€80k▲
Contributions10/11€19k€19k=
Reserves13€42k€62k▲
Distributable reserves133€42k€62k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€63k€53k▼
Amounts payable within one year42/48€63k€53k▼
Financial debts43€7k€6k▼
Credit institutions430/8€7k€6k▼
Trade debts44€36k€22k▼
Suppliers440/4€36k€22k▼
Taxes, remuneration and social security45€19k€23k▲
Taxes450/3€19k€23k▲
Other amounts payable47/48€583€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€31k€36k▲
Operating profit (loss)9901€27k€31k▲
Financial income75/76B€758€2k▲
Recurring financial income75€758€2k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€26k€31k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€19k€23k▲
Profit (loss) for the period to be appropriated9905€19k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€23k▲
Transfer from equity791/2€833€3k▲
Transfer to equity691/2€19k€23k▲
To other reserves6921€19k€23k▲
Profit to be distributed694/7€833€3k▲
Return on contributions (dividend)694€833€833=
Directors or managers695-€2k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €821 | €812 | €2k | €3k | €4k | ▲ 22.8% |
| Other operating charges640/8 | - | €1k | €2k | €1k | €1k | ▼ 2.6% |
| Non-recurring operating charges66A | - | - | €178 | €0 | - | - |
| Gross operating margin9900 | €29k | €10k | €32k | €31k | €36k | ▲ 15.8% |
| Operating profit (loss)9901 | €27k | €8k | €27k | €27k | €31k | ▲ 16.0% |
| Financial income75/76B | - | - | - | €758 | €2k | ▲ 214% |
| Recurring financial income75 | €174 | - | - | €758 | €2k | ▲ 214% |
| Financial charges65/66B | - | €2k | €2k | €1k | €2k | ▲ 77.0% |
| Recurring financial charges65 | €1k | €2k | €2k | €1k | €2k | ▲ 77.0% |
| Profit (loss) for the period before taxes9903 | €26k | €6k | €26k | €26k | €31k | ▲ 19.2% |
| Income taxes67/77 | €3k | €1k | €7k | €8k | €9k | ▲ 12.3% |
| Profit (loss) for the period9904 | €23k | €5k | €19k | €19k | €23k | ▲ 22.1% |
| Profit (loss) for the period to be appropriated9905 | €23k | €5k | €19k | €19k | €23k | ▲ 22.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47k | €62k | €65k | €123k | €133k | ▲ 8.0% |
| Fixed assets21/28 | €2k | €4k | €7k | €8k | €10k | ▲ 34.6% |
| Intangible fixed assets21 | €798 | €399 | - | - | €674 | - |
| Tangible fixed assets22/27 | €1k | €2k | €7k | €8k | €9k | ▲ 25.7% |
| Plant, machinery and equipment23 | - | €2k | €7k | €8k | €9k | ▲ 25.7% |
| Financial fixed assets28 | - | €1k | - | - | - | - |
| Current assets29/58 | €46k | €58k | €58k | €116k | €123k | ▲ 6.3% |
| Stocks and contracts in progress3 | €32k | €37k | €36k | €44k | €45k | ▲ 2.2% |
| Stocks30/36 | - | €37k | €36k | €44k | €45k | ▲ 2.2% |
| Amounts receivable within one year40/41 | €13k | €21k | €13k | €71k | €78k | ▲ 9.6% |
| Trade receivables40 | - | €21k | €13k | €40k | €32k | ▼ 20.8% |
| Other amounts receivable41 | - | - | €381 | €31k | €46k | ▲ 49.0% |
| Cash at bank and in hand54/58 | - | - | €8k | €0 | - | - |
| Deferred charges and accrued income490/1 | - | €445 | €749 | €1k | €674 | ▼ 43.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47k | €62k | €65k | €123k | €133k | ▲ 8.0% |
| Equity10/15 | €21k | €25k | €43k | €61k | €80k | ▲ 32.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €3k | €6k | €24k | €42k | €62k | ▲ 47.3% |
| Distributable reserves133 | - | €6k | €24k | €42k | €62k | ▲ 47.3% |
| Profit (loss) carried forward14 | €-21k | - | - | €0 | €0 | - |
| Amounts payable17/49 | €26k | €37k | €22k | €63k | €53k | ▼ 15.9% |
| Amounts payable within one year42/48 | €26k | €37k | €22k | €63k | €53k | ▼ 15.9% |
| Financial debts43 | - | €8k | - | €7k | €6k | ▼ 15.9% |
| Credit institutions430/8 | - | €8k | - | €7k | €6k | ▼ 15.9% |
| Trade debts44 | €6k | €11k | €7k | €36k | €22k | ▼ 40.1% |
| Suppliers440/4 | - | €11k | €7k | €36k | €22k | ▼ 40.1% |
| Advances received on contracts in progress46 | - | €6k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €8k | €14k | €19k | €23k | ▲ 19.2% |
| Taxes450/3 | - | €8k | €14k | €19k | €23k | ▲ 19.2% |
| Other amounts payable47/48 | - | €4k | €800 | €583 | €3k | ▲ 343% |
| Accrued charges and deferred income492/3 | - | €56 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €5k | €19k | €19k | €23k | ▲ 22.1% |
| + Depreciation and write-downs630 | €821 | €812 | €2k | €3k | €4k | ▲ 22.8% |
| Operating cash flow (approximation) | €24k | €5k | €21k | €22k | €27k | ▲ 22.2% |
| Investment in fixed assets (approximation) | - | €-3k | €-6k | €-3k | €-7k | ▼ 94.4% |
| Change in cash | - | - | - | €-8k | - | - |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €776 ▼97.4%
Net result drops to €776, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 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, Asse · 1 establishment unit since 2009
Ground area
817 m²
Building footprint
325 m²
Volume, LiDAR
1,768 m³
Parcel 23322B0318/00B000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JEMU
since 20092.179.575.350
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322B0318/00B000 | Flanders | 817 m² | 1 · 325 m² | 12.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 725 EUR awarded · 725 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 413 EUR | 413 EUR |
| 2022 | 1 | 312 EUR | 312 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,016 companies in sector 47770 we hold annual accounts for 897. 696 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.