JGM PROJECTS
ActiveJGM PROJECTS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-849. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+28
Solvency36=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.36 in 2024; short-term debt: 23.1% and cash: 0.2% of total assets), and 89.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
10.8%
Return on assets
-0.5%
Age of the figures
9 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 31616 sector peers (2025).
NBB · sector comparisonPosition among 31616 sector peers
Solvency
better than 17%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
28 d late
2023
28 d late
2022
3 d early
2021
18 d late
2020
12 d early
2019
143 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€21k
EBIT margin
21.0%
Net result
€-849▲ 71.0%
2024 · €-3k
2018: €2k
2019: €7k
2020: €-3k
2021: €-2k
2022: €5k
2023: €-4k
2024: €-3k
2018 → 2025
Working capital
€-26k▼ 17.2%
2024 · €-22k
2018: €367
2019: €27k
2020: €-25k
2021: €-25k
2022: €-10k
2023: €-17k
2024: €-22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€28k▲ 20.3%€23k▼ 16.0%€20k▼ 12.6%€19k▼ 4.2%
Operating result€4k-€10k▲ 152%€-2k€-874▲ 54.7%€231
Net result€-2k-€5k€-4k€-3k▲ 34.1%€-849▲ 71.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €231 after a loss of €874 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€165k▼ 3.4%
Current assets
€16k▲ 33.2%
Equity and liabilities €181k
Equity
€19k▼ 4.2%
Debt
€162k▼ 0.6%
The debt ratio rises from 88.9% to 89.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▲
2024 · €5k
Cash flow
€5k▲
2024 · €3k
Solvency
10.8%▼
2024 · 11.1%
Current ratio
0.39▲
2024 · 0.36
Quick ratio
0.39▲
2024 · 0.36
Debt / equity
8.29▲
2024 · 7.99
ROE
-4.4%▲
2024 · -14.4%
ROA
-0.5%▲
2024 · -1.6%
Interest coverage
5.56▲
2024 · 2.38
Debt
€162k▼
2024 · €163k
Debt ≤ 1 year
€42k▲
2024 · €34k
Debt > 1 year
€120k▼
2024 · €128k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€183k€181k▼
Fixed assets21/28€171k€165k▼
Tangible fixed assets22/27€171k€165k▼
Land and buildings22€171k€165k▼
Current assets29/58€12k€16k▲
Amounts receivable within one year40/41€11k€16k▲
Trade receivables40€11k€15k▲
Other amounts receivable41-€366
Cash at bank and in hand54/58€639€296▼
Equity and liabilities
Total equity and liabilities10/49€183k€181k▼
Equity10/15€20k€19k▼
Contributions10/11€19k€19k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-7k€-8k▼
Amounts payable17/49€163k€162k▼
Amounts payable after more than one year17€128k€120k▼
Financial debts170/4€128k€120k▼
Amounts payable within one year42/48€34k€42k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Advances received on contracts in progress46€14k€19k▲
Taxes, remuneration and social security45€442-
Taxes450/3€442-
Other amounts payable47/48€10k€12k▲
Accrued charges and deferred income492/3€384-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€2k€77▼
Gross operating margin9900€7k€6k▼
Operating profit (loss)9901€-874€231▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-3k€-849▲
Profit (loss) for the period9904€-3k€-849▲
Profit (loss) for the period to be appropriated9905€-3k€-849▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-8k▼
Profit (loss) brought forward from the previous period14P€-4k€-7k▼
The notes to these accounts (5 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-4k ▼195%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
31-12
Financial
Highest result since 2018net €7k ▲330%
Operating result €13k, net result €7k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2018
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.
Trekschurenstraat 2533500 HasseltGround area
2,399 m²
Building footprint
292 m²
Volume, LiDAR
1,514 m³
Parcel 71324E0682/00F000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JGM PROJECTS
since 20182.276.767.172
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0682/00F000 | Flanders | 2,399 m² | 1 · 292 m² | 8.8 m · 2 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.
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 30,347 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-01-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.