JFMSD
ActiveSummary
The computed 12-month bankruptcy probability of JFMSD is 5.4% (elevated). For JFMSD, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €14,211 and a net result of €4,084. Equity is growing by ~29% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability72▲+19
Solvency55▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
29.9%
Return on assets
8.6%
Age of the figures
45 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-06-2023, 39 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
39 d early
2021
30 d late
2020
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€14,211▲ 40.3%
2021 · €10,127
Total assets
€47,586▲ 36.3%
2021 · €34,918
Net result
€4,084▲ 127%
2021 · €1,797
Working capital
€18,166▲ 9.9%
2021 · €16,526
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202020212022
Operating result-€1,445-€3,147€5,511▲ 75.2%
Net result-€1,670-€1,797€4,084▲ 127%
Equity€8,330-€10,127▲ 21.6%€14,211▲ 40.3%
Total assets€24,107-€34,918▲ 44.8%€47,586▲ 36.3%
Debt€15,777-€24,791▲ 57.1%€33,374▲ 34.6%
Working capital€6,311-€16,526▲ 162%€18,166▲ 9.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2022 is 75% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €47,586
Fixed assets
€9,845 ▲ 42.4%
Current assets
€37,740 ▲ 34.8%
Equity and liabilities €47,586
Equity
€14,211 ▲ 40.3%
Debt
€33,374 ▲ 34.6%
Debt's share of the balance-sheet total falls from 71.0% to 70.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,578▲
2021 · €4,753
Cash flow
€6,151▲
2021 · €3,404
Current ratio
1.93▼
2021 · 2.44
Quick ratio
0.17▲
2021 · 0.06
Debt to equity
2.35▼
2021 · 2.45
ROE
28.7%▲
2021 · 17.7%
ROA
8.6%▲
2021 · 5.1%
Interest coverage
5.16▲
2021 · 3.38
Debt ≤ 1 year
€19,574▲
2021 · €11,480
Debt > 1 year
€10,000=
2021 · €10,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,600 | €1,607 | €2,067 | ▲ 28.6% |
| Other operating charges640/8 | - | €634 | €273 | ▼ 56.9% |
| Non-recurring operating charges66A | - | - | €126 | - |
| Gross operating margin9900 | €205 | €5,388 | €7,977 | ▲ 48.1% |
| Operating profit (loss)9901 | -€1,445 | €3,147 | €5,511 | ▲ 75.2% |
| Financial income75/76B | - | €56 | €41 | ▼ 26.5% |
| Recurring financial income75 | €0 | €56 | €41 | ▼ 26.5% |
| Financial charges65/66B | - | €1,406 | €1,469 | ▲ 4.4% |
| Recurring financial charges65 | €225 | €1,406 | €1,469 | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | -€1,670 | €1,797 | €4,084 | ▲ 127% |
| Profit (loss) for the period9904 | -€1,670 | €1,797 | €4,084 | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | -€1,670 | €1,797 | €4,084 | ▲ 127% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €24,107 | €34,918 | €47,586 | ▲ 36.3% |
| Fixed assets21/28 | €8,519 | €6,912 | €9,845 | ▲ 42.4% |
| Intangible fixed assets21 | €1,998 | €1,052 | €4,595 | ▲ 337% |
| Tangible fixed assets22/27 | €1,271 | €611 | - | - |
| Plant, machinery and equipment23 | - | €611 | - | - |
| Financial fixed assets28 | €5,250 | €5,250 | €5,250 | = |
| Current assets29/58 | €15,588 | €28,006 | €37,740 | ▲ 34.8% |
| Stocks and contracts in progress3 | €14,523 | €27,266 | €34,468 | ▲ 26.4% |
| Stocks30/36 | - | €27,266 | €34,468 | ▲ 26.4% |
| Amounts receivable within one year40/41 | - | €740 | €1,210 | ▲ 63.6% |
| Trade receivables40 | - | - | €1,210 | - |
| Other amounts receivable41 | - | €740 | - | - |
| Cash at bank and in hand54/58 | €1,065 | - | €1,232 | - |
| Deferred charges and accrued income490/1 | - | - | €830 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €24,107 | €34,918 | €47,586 | ▲ 36.3% |
| Equity10/15 | €8,330 | €10,127 | €14,211 | ▲ 40.3% |
| Contributions10/11 | - | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€1,670 | €127 | €4,211 | ▲ 3,210% |
| Amounts payable17/49 | €15,777 | €24,791 | €33,374 | ▲ 34.6% |
| Amounts payable after more than one year17 | €6,500 | €10,000 | €10,000 | = |
| Financial debts170/4 | - | €10,000 | €10,000 | = |
| Amounts payable within one year42/48 | €9,277 | €11,480 | €19,574 | ▲ 70.5% |
| Financial debts43 | - | €72 | - | - |
| Credit institutions430/8 | - | €72 | - | - |
| Trade debts44 | €1,949 | - | €8,750 | - |
| Suppliers440/4 | - | - | €8,750 | - |
| Taxes, remuneration and social security45 | - | €4,363 | €3,772 | ▼ 13.5% |
| Taxes450/3 | - | €4,363 | €3,772 | ▼ 13.5% |
| Other amounts payable47/48 | - | €7,045 | €7,051 | ▲ 0.1% |
| Accrued charges and deferred income492/3 | - | €3,311 | €3,800 | ▲ 14.8% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,670 | €1,797 | €4,084 | ▲ 127% |
| + Depreciation and write-downs630 | €1,600 | €1,607 | €2,067 | ▲ 28.6% |
| Operating cash flow (approximation) | -€70 | €3,404 | €6,151 | ▲ 80.7% |
| Investment in fixed assets (approximation) | - | €0 | -€5,000 | - |
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
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €4,084 ▲127%
Operating result €5,511, net result €4,084, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €1,797
Net result €1,797 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Liège
Ground area
130 m²
Building footprint
55 m²
Volume, LiDAR
499 m³
Parcel 62804D0250/00G004, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62804D0250/00G004 | Wallonia | 130 m² | 1 · 55 m² | 10.4 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded20-12-2019
Fiscal year end31-12
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739871359
Also
9925:BE0739871359
Registered
13-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.