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JERMAYO

Active
Public limited companyfounded 1985active for 41 yearsIndustriestraat 15, 2500 Lier, BelgiumKBO/BCE: BE 0427.465.637
Summary

JERMAYO has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €3.0m. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 45% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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JERMAYOActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of food products
NACE 10890Manufacture of food products NACE 10840
2nd fastest staff growth in Lier1 site
Size
€32.4mturnover 2025
Staff
72.1 FTE
Equity
€5.2m
Profit
€3.0m
Staff (FTE) +58%: merger
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
H & G TECHNICS · 100%
  • Solina Corporate SADirector · permanent representative Maria Van Troys
  • Solina France SASDirector · permanent representative Clémentine de Bucy
Auditor: Wouters, Van Merode & C° Bedrijfsrevisoren2025 accounts 45 days early5 of 14 deeds summarised
Why 91raises riskSector: Manufacture of food products (NACE 10)lowers riskFounded in 1985Size: turnover €32.4m, 72.1 FTE, total assets €14.5mProfit of €3.0m (financial year 2025)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 10, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 61-39
equity 35.8% of total assets
Liquidity 28-63
short-term debt 63.2% · cash 9.4%
Profitability 89+8
return on assets 20.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (226 companies, NACE 10, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €470,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.25, compared with 3.65 in 2024, below the usual 1.5; short-term debt: 63.2% and cash: 9.4% of total assets), and 64.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 10, medium-sized): better than 42% on solvency, 30% on liquidity, 95% on profitability and 33% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1985
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Size: turnover €32.4m, 72.1 FTE, total assets €14.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Profit of €3.0m (financial year 2025)
NBB · annual accounts
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
5 days late
2023
21 days early
2022
19 days early
2021
23 days early
2020
4 days late
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% 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 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €3.0m ▲45.3%
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: 2nd fastest staff growth in Lierin the Checked rankings No. 2 View
  • Caution: Equity fell in 2025from €9.6m to €5.2m ▼ 45.7% View
  • Positive: 8 profitable years in a rowprofit 2025: €3.0m 8 years View
  • Controlled by H & G TECHNICSultimately: SOLINA CORPORATE SA 100% View
  • Merger with H & G Technicsmerger on 09-07-2025 2025 View

By topic

Financials

Financial year
2025
Turnover
€32.4m
Profit
€3.0m
Solvency
35.8%
Turnover▲ 7.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
H & G TECHNICS · 100%
Auditor
Wouters, Van Merode &…
  • Solina Corporate SADirector
  • Solina France SASDirector
Go to Board & ownership

Timeline

Events
47
Since
1987
Next accounts
by 31-07-2027
  1. 24-07-2025Restructuring
  2. 30-05-2025Restructuring · Miscellaneous
  3. 10-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10890
Founded
26-06-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about JERMAYO

What is the company number of JERMAYO?
0427.465.637. In Belgium the VAT number is the company number with BE in front: BE 0427.465.637.
Where is JERMAYO based?
The registered office is at Industriestraat 15, 2500 Lier.Company details
What does JERMAYO do?
According to the KBO register, the main activity is manufacture of food products (NACE 10890).
What is the legal form of JERMAYO?
Public limited company (NV).
When was JERMAYO founded?
On 26-06-1985.
Is JERMAYO still active?
Yes, JERMAYO is an active enterprise in the KBO register.
How many employees does JERMAYO have?
On average 72.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of JERMAYO?
€32.4m in financial year 2025, according to the filed annual accounts.
Is JERMAYO profitable?
In financial year 2025, JERMAYO made a profit of €3.0m.
Where can I find the annual accounts of JERMAYO?
JERMAYO filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JERMAYO due?
By 31-07-2027, for financial year 2026.Timeline

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