JM Dak

Active

Private limited companyfounded 20215 yrs activeMeiberg 32, 2450 Meerhout, BelgiumKBO/BCE: BE 0763.647.445

The computed 12-month bankruptcy probability of JM Dak is 2.0% (moderate). The 2025 annual accounts show equity of €99k and a net result of €682. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 27787 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability69▼-21

Solvency71▼-1

Growth52▼-26

Track record94

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 1.61 against 2.15 in 2024; short-term debt: 38.8% and cash: 7.1% of total assets), but 53.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

46.1%

Return on assets

0.3%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

52 d early

2024

50 d early

2023

41 d early

2022

40 d early

2021

40 d early

← before the deadline after the deadline →

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 months

Position in the running window

23-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€99k▲ 0.7%

2024 · €99k

2021: €34k 2022: €54k 2023: €63k 2024: €99k

2021 → 2025

Total assets

€215k▲ 2.6%

2024 · €210k

2021: €147k 2022: €147k 2023: €216k 2024: €210k

2021 → 2025

Net result

€682▼ 98.1%

2024 · €36k

2021: €32k 2022: €19k 2023: €9k 2024: €36k

2021 → 2025

Working capital

€51k▼ 10.6%

2024 · €56k

2021: €3k 2022: €26k 2023: €23k 2024: €56k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€34k-€54k▲ 56.4%€63k▲ 17.6%€99k▲ 56.4%€99k▲ 0.7%

Operating result€36k-€25k▼ 29.1%€12k▼ 51.3%€54k▲ 332%€5k▼ 91.0%

Net result€32k-€19k▼ 39.2%€9k▼ 51.2%€36k▲ 277%€682▼ 98.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 91% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €215k

37.8%

62.2%

Fixed assets €81k▼ 22.0%

Current assets €134k▲ 26.9%

Equity and liabilities €215k

46.1%

53.9%

Equity €99k▲ 0.7%

Debt €116k▲ 4.3%

The debt ratio rises from 53.0% to 53.9%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€39k▼

2024 · €88k

Cash flow

€35k▼

2024 · €70k

Solvency

46.1%▼

2024 · 47.0%

Current ratio

1.61▼

2024 · 2.15

Quick ratio

0.81▼

2024 · 2.07

Debt / equity

1.17▲

2024 · 1.13

ROE

0.7%▼

2024 · 36.0%

ROA

0.3%▼

2024 · 16.9%

Interest coverage

11.74▼

2024 · 21.96

Debt

€116k▲

2024 · €111k

Debt ≤ 1 year

€83k▲

2024 · €49k

Debt > 1 year

€32k▼

2024 · €62k

Income taxes

€861▼

2024 · €14k

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€210k€215k▲

Fixed assets21/28€104k€81k▼

Tangible fixed assets22/27€104k€81k▼

Plant, machinery and equipment23€34k€19k▼

Furniture and vehicles24€70k€63k▼

Current assets29/58€106k€134k▲

Stocks and contracts in progress3€4k€66k▲

Stocks30/36€4k€66k▲

Amounts receivable within one year40/41€75k€50k▼

Trade receivables40€57k€19k▼

Other amounts receivable41€17k€31k▲

Current investments50/53€11k€560▼

Cash at bank and in hand54/58€14k€15k▲

Deferred charges and accrued income490/1€3k€2k▼

Equity and liabilities

Total equity and liabilities10/49€210k€215k▲

Equity10/15€99k€99k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€96k€97k▲

Amounts payable17/49€111k€116k▲

Amounts payable after more than one year17€62k€32k▼

Financial debts170/4€62k€32k▼

Amounts payable within one year42/48€49k€83k▲

Current portion of amounts payable after more than one year42€29k€32k▲

Trade debts44€3k€34k▲

Suppliers440/4€3k€34k▲

Taxes, remuneration and social security45€17k€17k=

Taxes450/3€17k€17k=

Accrued charges and deferred income492/3-€339

Income statement Code20242025

Non-recurring operating income76A€7k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▼

Other operating charges640/8€118€120▲

Gross operating margin9900€88k€39k▼

Operating profit (loss)9901€54k€5k▼

Financial charges65/66B€4k€3k▼

Recurring financial charges65€4k€3k▼

Profit (loss) for the period before taxes9903€50k€2k▼

Income taxes67/77€14k€861▼

Profit (loss) for the period9904€36k€682▼

Profit (loss) for the period to be appropriated9905€36k€682▼

Appropriation of the result

Profit (loss) to be appropriated9906€96k€97k▲

Profit (loss) brought forward from the previous period14P€61k€96k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

09-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €682 ▼98.1%

Net result drops to €682, the lowest in the series.

11-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2021net €36k ▲277%

Operating result €54k, net result €36k, both a record.

20-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

21-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

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, Meerhout · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Meiberg 322450 Meerhout

Ground area

566 m²

Building footprint

95 m²

Volume, LiDAR

584 m³

Parcel 13021A0448/00D002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

JM Dak

Meiberg 32, 2450 MeerhoutManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20212.313.208.191

1 parcel

Flanders 1 (100%)