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JGMH TRANSPORT

Active
Private limited companyfounded 2024active for 2 yearsExcelsiorlaan 10, 1930 Zaventem, BelgiumKBO/BCE: BE 1012.125.219
Summary

The computed 12-month bankruptcy probability of JGMH TRANSPORT is 3.7% (moderate). The 2025 annual accounts show negative equity (-€26,096) and a net result of -€28,096. Its solvency ranks better than 5% of 5,895 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-08-2024 Normal situation
Registered office
119 active companies are registered at this address 20 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Freight transport by road NACE 49410
Establishment unit
2.364.384.403 1930 Zaventem, since 01-08-2024
Financial year end
31 December
Peppol
Reachable since 26-01-2025

Board and ownership

Board

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.7%
Annual accounts 2025
Gross margin
€8,978
Turnover
≈ €76,000
estimated
Loss
€28,096
Equity
-€26,096
Total assets
€24,792
  • Negative equity on 31-12-2025
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2024Negative equity -€26,096lowers riskLiquidity: current ratio 0.25, cash €5,205Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 11% of micro companies in land transport (NACE 49)
Financial strength
Weak
Solvency 0
equity -105.3% of total assets
Liquidity 26
short-term debt 205.3% · cash 21.0%
Profitability 0
return on assets -113.3%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 09-2025: 3.6%lowest value 10-2025: 3.7%▲ +0.1 percentage points vs 09-2025 11-2025: 4.1%▲ +0.4 percentage points vs 10-2025 12-2025: 4.2%▲ +0.1 percentage points vs 11-2025 01-2026: 4.6%▲ +0.4 percentage points vs 12-2025 02-2026: 4.6%● unchanged vs 01-2026 03-2026: 5.0%▲ +0.4 percentage points vs 02-2026 04-2026: 5.0%● unchanged vs 03-2026 05-2026: 4.8%▼ -0.2 percentage points vs 04-2026 06-2026: 4.8%● unchanged vs 05-2026 07-2026: 5.3%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 3.7%▼ -1.6 percentage points vs 07-2026 09-2026: 3.7%● unchanged vs 08-2026 10-2026: 3.7%● unchanged vs 09-2026 11-2026: 3.7%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.25, below 1. Short-term debt is 205.3% and cash 21% of total assets. Equity is negative.
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 49, micro). It does better than 5% of them on solvency, 23% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€26,096
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.25, cash €5,205
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 21-07-2026, 10 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
10 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€26,096 View
  • Caution: Lower solvency than 95% of companies in land transportsector median 37.7% · 5,895 companies -105.3% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €2,000 · Appointment: HOSSELET Johnny Gustavine André (director)
All 2 events

Comparable companies

These companies have the same main activity as JGMH TRANSPORT: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €20,800 and €27,200, founded in 2024.

CompanyTotal assetsGross margin
JGMH TRANSPORT Zaventem€24,792€8,978
ORTI Machelen (Brab.)€22,263€7,328
ABS CONSULT Grimbergen€27,174€6,760
G.H. COMPANY Jette€23,845€8,990
MD LOGISTIC & TRANSPORT Verviers€21,487€8,748
TRANSPORTS ID Grâce-Hollogne€20,832€8,338
BK TRANS INTER Herstal€24,335€10,294
Full comparison

Key facts about JGMH TRANSPORT

What is the company number of JGMH TRANSPORT?
The company number of JGMH TRANSPORT is 1012.125.219. The VAT number is the same number with BE in front: BE 1012.125.219.
Where is JGMH TRANSPORT based?
The registered office is at Excelsiorlaan 10, 1930 Zaventem.Company details
What does JGMH TRANSPORT do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of JGMH TRANSPORT?
The legal form of JGMH TRANSPORT is Private limited company (BV).
When was JGMH TRANSPORT founded?
JGMH TRANSPORT was founded on 01-08-2024.
Is JGMH TRANSPORT still active?
Yes, JGMH TRANSPORT is an active enterprise in the KBO register.
What is the turnover of JGMH TRANSPORT?
The turnover in financial year 2025 is ≈ €76,000. This figure is estimated from the gross margin of €8,978 and 67 comparable companies (NACE 49410). It probably lies between €37,000 and €120,000. It is a rough estimate.Financials
Is JGMH TRANSPORT profitable?
In financial year 2025, JGMH TRANSPORT made a loss of €28,096.
Where can I find the annual accounts of JGMH TRANSPORT?
JGMH TRANSPORT filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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