JM
ActiveThe file of JM contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.5% (moderate). The 2024 annual accounts show equity of €11k and a net result of €7k. Its solvency ranks better than 35% of 2437 sector peers (fiscal year 2024).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+6
Solvency57▲+12
Growth85
Track record79
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.47 against 1.22 in 2023; short-term debt: 68% and cash: 0.1% of total assets), and 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 2024Solvency, return and age of the figures
Solvency
32%
Return on assets
20.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-03-2026, 221 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
221 d late
2023
586 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€39k▲ 31.4%
2023 · €30k
2023: €30k
2023 → 2024
EBIT margin
18.5%▲ 4.1pp
2023 · 14.4%
2023: 14.4%
2023 → 2024
Net result
€7k▲ 93.5%
2023 · €4k
2023: €4k
2023 → 2024
Working capital
€11k▲ 201%
2023 · €4k
2023: €4k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€30k-€39k▲ 31.4%
Equity€4k-€11k▲ 170%
Operating result€4k-€7k▲ 68.3%
Net result€4k-€7k▲ 93.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 68% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €35k
Equity
€11k▲ 170%
Debt
€24k▲ 43.8%
The debt ratio falls from 80.0% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▲
2023 · €5k
Cash flow
€8k▲
2023 · €4k
Solvency
32.0%▲
2023 · 20.0%
Current ratio
1.47▲
2023 · 1.22
Quick ratio
1.47▲
2023 · 1.22
Debt / equity
2.12▼
2023 · 3.99
ROE
63.0%▼
2023 · 88.1%
ROA
20.2%▲
2023 · 17.7%
Interest coverage
104.26▲
2023 · 60.81
Debt
€24k▲
2023 · €17k
Debt ≤ 1 year
€24k▲
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€21k€35k▲
Formation expenses20€431-
Current assets29/58€21k€35k▲
Amounts receivable within one year40/41€19k€35k▲
Trade receivables40€8k€12k▲
Other amounts receivable41€10k€23k▲
Cash at bank and in hand54/58€2k€29▼
Equity and liabilities
Total equity and liabilities10/49€21k€35k▲
Equity10/15€4k€11k▲
Contributions10/11€500€500=
Reserves13€185€719▲
Non-distributable reserves130/1€185€719▲
Reserves not available under the articles1311€185€719▲
Profit (loss) carried forward14€4k€10k▲
Amounts payable17/49€17k€24k▲
Amounts payable within one year42/48€17k€24k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Advances received on contracts in progress46€10k€10k=
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€4k€11k▲
Income statement
Code20232024
Turnover70€30k€39k▲
Goods, raw materials, services and sundry goods60/61€21k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€552€431▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€9k€9k▲
Operating profit (loss)9901€4k€7k▲
Financial charges65/66B€80€74▼
Recurring financial charges65€80€74▼
Profit (loss) for the period before taxes9903€4k€7k▲
Income taxes67/77€517-
Profit (loss) for the period9904€4k€7k▲
Profit (loss) for the period to be appropriated9905€4k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€11k▲
Profit (loss) brought forward from the previous period14P-€4k
Transfer to equity691/2€185€534▲
To the legal reserve6920€185€534▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
14-04
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Oudenaarde · JM BV LOUIS PASTEURLAAN 34, 9600 RONSE · event 09-04-2026
09-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 221 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 586 days late
04-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · JM BV LOUIS PASTEUR- LAAN 34, 9600 RONSE · event 26-02-2026
SignalNBB filing
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, Ronse · 1 establishment unit since 2022
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.
Louis Pasteurlaan 349600 RonseGround area
412 m²
Building footprint
109 m²
Volume, LiDAR
893 m³
Parcel 45422C0375/00C006, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JM
since 20222.353.434.685
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C0375/00C006 | Flanders | 412 m² | 1 · 109 m² | 11.6 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Lieve TEINTENIER MAQUISSTRAAT 11, 9600 RONSE- |
26-02-2026 → present |
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-11-2022
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:jamal_abellati@hotmail.fr