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JM COMPANY

Active
Private limited companyfounded 1989active for 37 yearsZogge 72, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0438.646.569

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

JM COMPANY has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185,789 and a net result of -€62,368. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 29% of 3,710 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

KBO
Status
Active since 25-10-1989 Normal situation
Legal form
Private limited company
Registered office
Zogge 72, 9220 Hamme (Vl.)
Activity
Raising of horses and other equines NACE 01430and 3 others
Establishment unit
2.046.162.540 9220 Hamme (Vl.), since 05-11-1990
Financial year end
31 March
Peppol
Reachable since 11-12-2025

Board and ownership

Board
  • METTEPENNINGEN JURGENDirector · since 02-09-2020

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts to 31-03-2025
Gross margin
€87,590
▼ 44.1%
Turnover
≈ €250,000
estimated
Loss
€62,368
Equity
€185,789
▼ 26.9%
Total assets
€1.6m
▲ 12.1%
Staff
1.8 FTE
▲ 20.0%
2026 accounts not filed, 1 day past the deadline
Filed on 31-10-2025PDF
Score breakdownraises riskLiquidity: current ratio 0.40, cash €278, halvedFigures for financial year 2025 (filed on 31-10-2025)Equity €185,789 (11.9% of total assets)lowers riskSize: total assets €1.6mShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 22% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Weak
Solvency 37-6
equity 11.9% of total assets
Liquidity 42-7
short-term debt 23.3% · cash 0.0%
Profitability 19-40
return on assets -4.0%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,697 companies, NACE 01, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%▲ +0.3 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 1.0%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.4 (0.78 in 2024), below 1. Short-term debt is 23.3% and cash 0% of total assets. 88.1% of the assets are financed with debt and provisions.
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 01, micro). It does better than 25% of them on solvency, 37% on liquidity, 15% on profitability and 12% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.40, cash €278, halved
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 31-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €1.6m
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 · Equity €185,789 (11.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
on the day
2024
1 day early
2023
1 day early
2022
3 days early
2021
31 days early
2020
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 11 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €17,291 in 2024 -€62,368 View
  • Caution: Lower net result than 94% of companies in crop and animal productionsector median €7,141 · 3,707 companies -€62,368 View

Documents

Annual accounts at the NBB

All 34 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about JM COMPANY

What is the company number of JM COMPANY?
The company number of JM COMPANY is 0438.646.569. The VAT number is the same number with BE in front: BE 0438.646.569.
Where is JM COMPANY based?
The registered office is at Zogge 72, 9220 Hamme (Vl.).Company details
What does JM COMPANY do?
According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of JM COMPANY?
The legal form of JM COMPANY is Private limited company (BV).
When was JM COMPANY founded?
JM COMPANY was founded on 25-10-1989.
Is JM COMPANY still active?
Yes, JM COMPANY is an active enterprise in the KBO register.
How many employees does JM COMPANY have?
JM COMPANY had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of JM COMPANY?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €87,590 and 45 comparable companies (NACE 01). It probably lies between €160,000 and €350,000.
Is JM COMPANY profitable?
In financial year 2025, JM COMPANY made a loss of €62,368.
Where can I find the annual accounts of JM COMPANY?
JM COMPANY filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

Comparable companies

These companies have the same main activity as JM COMPANY: raising of horses and other equines (NACE 01430). They are comparable in size and age: total assets between €1m and €1.6m, founded between 1979 and 1998.

CompanyTotal assetsGross margin
JM COMPANY Hamme (Vl.)€1.6m€0.09m
VERSUS Sint-Martens-Latem€1.6m€0.1m
HARAS DE LA VIE Stekene€1.3m€0.07m
ULAC Zottegem€1.2m€0.04m
EQUIMIE Zandhoven€1.5m€0.2m
TOMMELBERG Wuustwezel€1.3m€0.1m
LA LICORNE Bièvre€1.0m€0.06m
Full comparison

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