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JKMG

Active
Private limited company (pre-2019)founded 2016active for 10 yearsKBO/BCE: BE 0659.785.486
Summary

The computed 12-month bankruptcy probability of JKMG is 5.6% (elevated). The 2025 annual accounts show negative equity (-€54,732) and a net result of -€6,959. Equity has been shrinking by about 73% per year since 2018. Its solvency ranks better than 12% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 19-07-2016 Normal situation
Legal form
Private limited company (pre-2019)
Activity
Full-service restaurants NACE 56111
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2021
Establishment unit
2.255.668.187 8211 Zedelgem, since 19-07-2016
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Maene JanDirector

Financial position

34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.6%
Annual accounts 2025
Gross margin
-€2,000
▲ 54.0%
Loss
€6,959
▼ 44.0%
Equity
-€54,732
▼ 14.6%
Total assets
€72,759
▼ 5.1%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 6 days after the deadline
Turnover not published (abbreviated or micro format)
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Ex-officio strike-off in the KBONegative equity -€54,732lowers riskSize: total assets €72,759Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 15% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -75.2% of total assets
Liquidity 1+1
short-term debt 175.2% · cash 0.4%
Profitability 14+14
return on assets -9.6%
Bankruptcy probability within 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 8.2% 01-2025: 8.1%▼ -0.1 percentage points vs 12-2024 02-2025: 8.1%● unchanged vs 01-2025 03-2025: 7.9%▼ -0.2 percentage points vs 02-2025 04-2025: 7.9%● unchanged vs 03-2025 05-2025: 7.8%▼ -0.1 percentage points vs 04-2025 06-2025: 7.6%▼ -0.2 percentage points vs 05-2025 07-2025: 7.8%▲ +0.2 percentage points vs 06-2025 08-2025: 9.1%▲ +1.3 percentage points vs 07-2025highest value 09-2025: 8.7%▼ -0.4 percentage points vs 08-2025 10-2025: 8.7%● unchanged vs 09-2025 11-2025: 8.7%● unchanged vs 10-2025 12-2025: 8.7%● unchanged vs 11-2025 01-2026: 8.7%● unchanged vs 12-2025 02-2026: 7.7%▼ -1.0 percentage point vs 01-2026 03-2026: 7.5%▼ -0.2 percentage points vs 02-2026 04-2026: 7.5%● unchanged vs 03-2026 05-2026: 7.4%▼ -0.1 percentage points vs 04-2026 06-2026: 7.2%▼ -0.2 percentage points vs 05-2026 07-2026: 7.4%▲ +0.2 percentage points vs 06-2026 08-2026: 8.2%▲ +0.8 percentage points vs 07-2026 09-2026: 5.6%▼ -2.6 percentage points vs 08-2026lowest value 10-2026: 5.6%● unchanged vs 09-2026 11-2026: 5.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.57 (0.54 in 2024), below 1. Short-term debt is 175.2% and cash 0.4% 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 56, micro). It does better than 9% of them on solvency, 2% on liquidity, 23% on profitability and 28% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Seven signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Ex-officio strike-off in the KBO
KBO publications
lowers risk · Size: total assets €72,759
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€54,732
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€54,732
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
6 days late
2024
1 day early
2023
2 days early
2022
52 days late
2021
on the day
2020
2 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
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 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€54,732 View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€6,959 View
  • Caution: Less equity than 91% of companies in food and beverage servicesector median €28,779 · 17,032 companies -€54,732 View

Recent changes

  1. · KBO administration Address struckevent 30-11-2023
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as JKMG: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €67,200 and €77,200, founded between 2016 and 2017.

CompanyTotal assetsGross margin
JKMG€72,759-€2,000
De Godevaart Antwerpen€70,022-€6,196
VANE BALCAN Court-Saint-Etienne€75,646-€11,003
DS CATERING Waregem€75,660-€1,334
PAVILLON RODIN Sint-Pieters-Woluwe€67,559-€11,336
MANGERO Kortrijk€67,156-€9,378
HYGGELIGT Arendonk€77,231€312
Full comparison

Key facts about JKMG

What is the company number of JKMG?
The company number of JKMG is 0659.785.486. The VAT number is the same number with BE in front: BE 0659.785.486.
What does JKMG do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of JKMG?
The legal form of JKMG is Private limited company (pre-2019) (BVBA).
When was JKMG founded?
JKMG was founded on 19-07-2016.
Is JKMG still active?
Yes, JKMG is an active enterprise in the KBO register.Company details
How many employees does JKMG have?
JKMG had an average of 0.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does JKMG fall under?
In its 2021 annual accounts, JKMG states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of JKMG?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is JKMG profitable?
In financial year 2025, JKMG made a loss of €6,959.
Where can I find the annual accounts of JKMG?
JKMG filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JKMG due?
JKMG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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