JERASMO
ActiveSummary
JERASMO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,616 and a net result of €9,630. Equity has been growing by about 39% per year since 2018. Its solvency ranks better than 23% of 818 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-05-2004 Normal situation
- Activity
- Translation services NACE 74301
- Establishment unit
- 2.154.556.674 3690 Zutendaal, since 20-06-2006
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- MONTEN Luc Albert ConstantDirector · since 25-05-2004
- Holdings
- Shares in 3 companies including LENAERTS-GORISSEN EN PARTNERS and CMC FINANCIEEL ADVIES
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €47,499
- ▲ 185%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €9,630
- Equity
- €58,616
- ▲ 19.7%
- Total assets
- €494,035
- ▼ 4.4%
- 2025 accounts filed 19 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.12, cash €100, halvedEquity €58,616 (11.9% of total assets)lowers riskSize: total assets €494,035Founded in 2004Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 74, micro). It does better than 22% of them on solvency, 21% on liquidity, 28% on profitability and 66% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 19 days after the deadline Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00406385.
Annual accounts 2025 filed on 19-08-2026 at the NBB all 21 filings
Every figure per financial year
The operating result for 2025 is a profit of €30,216, after a loss of €5,958 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €25,969 | €333,130 | €304,133 |
| Carrying value of the other pledged assets | - | - | €29,023 | €301,252 | €288,096 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €33,000 | €294,522 | - |
| Financial fixed assets | - | €267 | €162,000 | - | - |
| Depreciation and write-downs of the year | - | - | €3,977 | €19,209 | €13,892 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €59 awarded · €59 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €4,500 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,283 | €11,283 | €10,333 | - | - | €3,977 | €19,209 | €13,892 | ▼ 27.7% |
| Other operating charges640/8 | - | - | - | €1,283 | €2,026 | €2,700 | €3,407 | €3,390 | ▼ 0.5% |
| Gross operating margin9900 | -€1,857 | €22,327 | €18,867 | €18,764 | €33,191 | €74,107 | €16,658 | €47,499 | ▲ 185% |
| Operating profit (loss)9901 | -€14,941 | €8,458 | €6,096 | €17,481 | €31,165 | €67,430 | -€5,958 | €30,216 | - |
| Financial income75/76B | - | - | - | €460 | €469 | €419 | €986 | €327 | ▼ 66.8% |
| Recurring financial income75 | €21,429 | €0 | €507 | €460 | €469 | €419 | €986 | €327 | ▼ 66.8% |
| Financial charges65/66B | - | - | - | €2,224 | €2,446 | €1,123 | €5,096 | €12,705 | ▲ 149% |
| Recurring financial charges65 | €2,622 | €2,920 | €2,558 | €2,224 | €2,446 | €1,123 | €5,096 | €12,705 | ▲ 149% |
| Profit (loss) for the period before taxes9903 | €3,866 | €5,538 | €4,046 | €15,718 | €29,188 | €66,726 | -€10,068 | €17,839 | - |
| Income taxes67/77 | €574 | €885 | €691 | €683 | €722 | €9,969 | €937 | €8,208 | ▲ 776% |
| Profit (loss) for the period9904 | €3,292 | €4,653 | €3,355 | €15,034 | €28,466 | €56,757 | -€11,006 | €9,630 | - |
| Profit (loss) for the period to be appropriated9905 | €3,292 | €4,653 | €3,355 | €15,034 | €28,466 | €56,757 | -€11,006 | €9,630 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €68,337 | €72,761 | €58,476 | €55,399 | €83,054 | €261,135 | €516,729 | €494,035 | ▼ 4.4% |
| Fixed assets21/28 | €31,616 | €38,333 | €28,000 | €28,000 | €28,267 | €219,290 | €488,603 | €474,711 | ▼ 2.8% |
| Tangible fixed assets22/27 | €21,616 | €10,333 | - | - | - | €29,023 | €304,336 | €290,444 | ▼ 4.6% |
| Land and buildings22 | - | - | - | - | - | - | €278,829 | €272,274 | ▼ 2.4% |
| Furniture and vehicles24 | - | - | - | - | - | €29,023 | €25,507 | €18,170 | ▼ 28.8% |
| Financial fixed assets28 | €10,000 | €28,000 | €28,000 | €28,000 | €28,267 | €190,267 | €184,267 | €184,267 | = |
| Current assets29/58 | €36,721 | €34,427 | €30,476 | €27,399 | €54,787 | €41,845 | €28,125 | €19,324 | ▼ 31.3% |
| Amounts receivable within one year40/41 | €22,907 | €23,113 | €23,370 | €23,631 | €23,937 | €14,131 | €20,498 | €16,194 | ▼ 21.0% |
| Trade receivables40 | - | - | - | €164 | €0 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €23,468 | €23,937 | €14,131 | €20,498 | €16,194 | ▼ 21.0% |
| Cash at bank and in hand54/58 | €10,520 | €6,743 | €6,233 | €2,881 | €28,693 | €24,445 | €1,101 | €100 | ▼ 90.9% |
| Deferred charges and accrued income490/1 | - | - | - | €887 | €2,157 | €3,269 | €6,527 | €3,030 | ▼ 53.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €68,337 | €72,761 | €58,476 | €55,399 | €83,054 | €261,135 | €516,729 | €494,035 | ▼ 4.4% |
| Equity10/15 | -€48,274 | -€43,621 | -€40,266 | -€25,232 | €3,234 | €59,991 | €48,986 | €58,616 | ▲ 19.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €17,094 | €17,094 | €17,094 | €17,094 | €17,094 | €41,391 | €30,386 | €40,016 | ▲ 31.7% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €15,234 | €15,234 | €39,531 | €30,386 | €40,016 | ▲ 31.7% |
| Profit (loss) carried forward14 | -€83,968 | -€79,315 | -€75,960 | -€60,925 | -€32,459 | €0 | - | - | - |
| Amounts payable17/49 | €116,611 | €116,382 | €98,742 | €80,631 | €79,820 | €201,144 | €467,743 | €435,419 | ▼ 6.9% |
| Amounts payable after more than one year17 | €92,653 | €77,384 | €62,620 | €57,433 | €0 | €18,796 | €302,439 | €270,553 | ▼ 10.5% |
| Financial debts170/4 | - | - | - | €57,433 | €0 | €18,796 | €302,439 | €270,553 | ▼ 10.5% |
| Amounts payable within one year42/48 | €23,958 | €38,998 | €35,573 | €23,198 | €79,620 | €182,086 | €163,867 | €163,429 | ▼ 0.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,187 | €0 | €7,173 | €30,691 | €33,580 | ▲ 9.4% |
| Financial debts43 | - | - | - | - | - | - | - | €2,737 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €2,737 | - |
| Trade debts44 | €5,553 | €1,594 | €1,481 | €3,139 | €1,645 | €4,019 | €2,295 | €2,810 | ▲ 22.4% |
| Suppliers440/4 | - | - | - | €3,139 | €1,645 | €4,019 | €2,295 | €2,810 | ▲ 22.4% |
| Taxes, remuneration and social security45 | - | - | - | €3,652 | €7,902 | €15,690 | €11,653 | €5,444 | ▼ 53.3% |
| Taxes450/3 | - | - | - | €3,652 | €5,904 | €13,634 | €11,653 | €5,444 | ▼ 53.3% |
| Remuneration and social security454/9 | - | - | - | - | €1,998 | €2,056 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €11,220 | €70,073 | €155,203 | €119,228 | €118,857 | ▼ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €200 | €262 | €1,437 | €1,437 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,292 | €4,653 | €3,355 | €15,034 | €28,466 | €56,757 | -€11,006 | €9,630 | - |
| + Depreciation and write-downs630 | €11,283 | €11,283 | €10,333 | - | - | €3,977 | €19,209 | €13,892 | ▼ 27.7% |
| Operating cash flow (approximation) | €14,575 | €15,935 | €13,688 | €15,034 | €28,466 | €60,734 | €8,203 | €23,523 | ▲ 187% |
| Investment in fixed assets (approximation) | - | -€18,000 | €0 | €0 | -€267 | -€195,000 | -€288,522 | €0 | - |
| Change in cash | - | -€3,777 | -€510 | -€3,352 | €25,812 | -€4,248 | -€23,345 | -€1,001 | ▲ 95.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,685 companies had the same profile as JERASMO has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of JERASMO itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 4,685 companies, not a prediction for JERASMO. 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.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 19-08-2026 | 2026-00406385 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00434517 | |
| 31-12-2023 | abbreviated format | 10-07-2024 | 2024-00229445 | |
| 31-12-2022 | abbreviated format | 27-09-2023 | 2023-00455212 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20345244 | |
| 31-12-2020 | abbreviated format | 25-08-2021 | 2021-52600161 | |
| 31-12-2019 | abbreviated format | 06-07-2020 | 2020-26400252 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-55200201 | |
| 31-12-2017 | abbreviated format | 31-10-2018 | 2018-71300033 | |
| 31-12-2016 | micro format | 09-08-2017 | 2017-42500077 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 24-12-2024 Capital stated in the deed · 186 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MONTEN Luc Albert Constant |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal verworven aandelen, elke overdracht onder levenden ten bezwarende/kosteloze…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, ten minste vijftien dagen te rekenen van dag openstelling intekening”
Articles of association, deed of 24-12-2024 (in Dutch)
Network & group
Holdings and subsidiaries
3 holdingsHoldings 3
Source for every holding own accounts 2025
- LENAERTS-GORISSEN EN PARTNERSsubsidiaryEquity €26,922 Loss of €12,728 in 2024 (loss of €6,790 in 2023) Checked score 32100%
- Equity €48,546 Profit of €1,772 in 2025 (profit of €1,649 in 2024)50%
- Equity €5,637 Profit of €62,183 in 2025 (loss of €45,396 in 2024) Checked score 7150%
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of JERASMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-12
Gazette deed
Change of role: MONTEN Luc Albert Constant, from manager to directorAmendment of the articles · Capital conversion · Capital10 points ▸
- General meeting, “buitengewone algemene vergadering, JERASMO” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “opheffing statutair onbeschikbare eigen vermogensrekening en middelen beschikbaar maken voor uitkering, Tweede besluit” (deed in Dutch)
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening, geen op heden” (deed in Dutch)
- Director resignation, MONTEN Luc Albert Constant (manager)
- Director appointment, MONTEN Luc Albert Constant (director (not named in the articles))
- Director discharge, MONTEN Luc Albert Constant
- Registered office clause, “3690 Zutendaal,Veugenstraat 39B” (deed in Dutch)
- Power of attorney, Dorine Merlo
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Consulting op het gebied van beheer, management en marketing.
- Het bedrijfsbeheer van vennootschappen en instellingen.
- Het verstrekken van adviezen, het verlenen van bijstand en diensten op het vlak van algemeen bestuur, commerciële prestaties, financiën, technische toepassingen en administratie. Dit alles in de ruimste zin van het woord.
- Dienstverlening inzake business development, bedrijfsorganisatie- en begeleiding, ICT-ontwikkelingen, projectmanagement, coaching en opleiding, geven van presentaties en spreekbeurten, vertalingen en HRM-activiteiten.
- De vennootschap mag bovengenoemd voorwerp verwezenlijken, hetzij voor eigen rekening, hetzij voor rekening van derden, zo in België als in het buitenland.
- De vennootschap kan in functie van hogervermeld voorwerp onroerende goederen aan- en verkopen.
- De vennootschap mag belangen hebben bij wijze van inbreng, inschrijving of anderszins, in alle ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, analoog of aanverwant voorwerp nastreven, of wier voorwerp van aard is dat van de vennootschap te bevorderen.
- Zij mag zich voor deze vennootschappen borg stellen of hun aval verlenen, voorschotten en krediet toestaan, hypothecaire of andere waarborgen verstrekken.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71067B0245/00X002 | Flanders | 1,914 m² | 1 · 182 m² | 7.6 m · 2 |
| 71067B0245/00E003 | Flanders | 995 m² | 1 · 86 m² | 13.9 m · 2 |