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JM SECURITY

Active
Private limited companyfounded 200718 yrs activeGestelhoflei 16D, 2820 Bonheiden, BelgiumKBO/BCE: BE 0894.467.187
Summary

JM SECURITY has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146,664 and a net result of €3,009. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 95 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability20▼-54
Solvency90▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.81 against 17.83 in 2024; short-term debt: 35.5% and cash: 20.9% of total assets), and 35.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · 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
64.5%
Return on assets
1.3%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Investigation and security activities (NACE 80)
about 5% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 d early
2024
29 d early
2023
92 d early
2022
4 d early
2021
25 d early
2020
1 d early
2019
18 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 26 December 2007, JM SECURITY was incorporated.1 Total assets went from EUR 1.1 million in 2018 to EUR 227,365 in 2025 and headcount from 0.8 full-time equivalents in 2018 to 0.3 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€146,664▼ 69.0%
2024 · €473,655
Total assets
€227,365▼ 54.7%
2024 · €501,706
Net result
€3,009▼ 85.7%
2024 · €20,997
Working capital
€145,972▼ 69.1%
2024 · €472,124
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€442,194▲ 41.9%€475,100▲ 7.4%€57,932▼ 87.8%€21,593▼ 62.7%-€4,054
Net result€343,214▲ 42.6%€347,417▲ 1.2%€39,768▼ 88.6%€20,997▼ 47.2%€3,009▼ 85.7%
Equity€1.8m▲ 23.0%€1.5m▼ 18.3%€1.2m▼ 21.9%€473,655▼ 59.6%€146,664▼ 69.0%
Total assets€1.9m▲ 23.5%€1.6m▼ 15.5%€1.3m▼ 22.0%€501,706▼ 60.2%€227,365▼ 54.7%
Debt€73,080▲ 37.9%€112,950▲ 54.6%€86,398▼ 23.5%€28,051▼ 67.5%€80,701▲ 188%
Working capital€1.8m▲ 22.9%€1.5m▼ 18.2%€1.2m▼ 21.9%€472,124▼ 59.7%€145,972▼ 69.1%
Staff (FTE)0.5=0.5=0.3▼ 40.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: €442,194€442,194Net result 2021: €343,214€343,214Operating result 2022: €475,100€475,100Net result 2022: €347,417€347,417Operating result 2023: €57,932€57,932Net result 2023: €39,768€39,768Operating result 2024: €21,593€21,593Net result 2024: €20,997€20,997Operating result 2025: -€4,054-€4,054Net result 2025: €3,009€3,00920212022202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: €57,932€57,900Net result 2023: €39,768€39,800Operating result 2024: €21,593€21,600Net result 2024: €20,997€21,000Operating result 2025: -€4,054-€4,050Net result 2025: €3,009€3,010202320242025
The operating result turns negative in 2025: a loss of €4,054 after €21,593 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227,365
Fixed assets €692 ▼ 54.8%
Current assets €226,673 ▼ 54.7%
Equity and liabilities €227,365
Equity €146,664 ▼ 69.0%
Debt €80,701 ▲ 188%
Debt's share of the balance-sheet total rises from 5.6% to 35.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,215▼
2024 · €22,431
Cash flow
€3,848▼
2024 · €21,835
Current ratio
2.81▼
2024 · 17.83
Quick ratio
2.80▼
2024 · 17.80
Debt to equity
0.55▲
2024 · 0.06
ROE
2.1%▼
2024 · 4.4%
ROA
1.3%▼
2024 · 4.2%
Interest coverage
-26.44▼
2024 · 379.80
Debt ≤ 1 year
€80,701▲
2024 · €28,051
Income taxes
€1,041▼
2024 · €7,188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,891 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€501,706€227,365▼
Fixed assets21/28€1,531€692▼
Tangible fixed assets22/27€1,531€692▼
Plant, machinery and equipment23€1,531€692▼
Current assets29/58€500,175€226,673▼
Amounts receivable after more than one year29€156,082€162,325▲
Other amounts receivable291€156,082€162,325▲
Stocks and contracts in progress3€1,000€1,000=
Stocks30/36€1,000€1,000=
Amounts receivable within one year40/41€58,686€14,877▼
Trade receivables40€55,685€14,877▼
Other amounts receivable41€3,001-
Cash at bank and in hand54/58€283,561€47,595▼
Deferred charges and accrued income490/1€845€875▲
Equity and liabilities
Total equity and liabilities10/49€501,706€227,365▼
Equity10/15€473,655€146,664▼
Contributions10/11€20,000€20,000=
Reserves13€344,910€344,910=
Distributable reserves133€344,910€344,910=
Profit (loss) carried forward14€108,745-€218,246▼
Amounts payable17/49€28,051€80,701▲
Amounts payable within one year42/48€28,051€80,701▲
Trade debts44€19,745€75,843▲
Suppliers440/4€19,745€75,843▲
Taxes, remuneration and social security45€7,211€3,763▼
Taxes450/3€7,211€3,763▼
Other amounts payable47/48€1,095€1,095=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€839€839=
Other operating charges640/8€184€120▼
Gross operating margin9900€22,615-€3,095▼
Operating profit (loss)9901€21,593-€4,054▼
Financial income75/76B€6,651€8,226▲
Recurring financial income75€6,651€8,226▲
Financial charges65/66B€59€122▲
Recurring financial charges65€59€122▲
Profit (loss) for the period before taxes9903€28,184€4,050▼
Income taxes67/77€7,188€1,041▼
Profit (loss) for the period9904€20,997€3,009▼
Profit (loss) for the period to be appropriated9905€20,997€3,009▼
Appropriation of the result
Profit (loss) to be appropriated9906€828,945€111,754▼
Profit (loss) brought forward from the previous period14P€807,948€108,745▼
Profit to be distributed694/7€720,200€330,000▼
Return on contributions (dividend)694€720,200€330,000▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€40,000----
Remuneration, social security and pensions62€22,103€24,139€9,634---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,240€1,369€1,095€839€839=
Other operating charges640/8€1,398€2,627€1,107€184€120▼ 34.8%
Gross operating margin9900€467,934€503,235€69,769€22,615-€3,095▼ 114%
Operating profit (loss)9901€442,194€475,100€57,932€21,593-€4,054▼ 119%
Financial income75/76B€7,038€6,728€6,652€6,651€8,226▲ 23.7%
Recurring financial income75€7,038€6,728€6,652€6,651€8,226▲ 23.7%
Financial charges65/66B-€2,963€19,553€3,882€59€122▲ 106%
Recurring financial charges65-€2,963€19,553€3,882€59€122▲ 106%
Profit (loss) for the period before taxes9903€452,195€462,274€60,702€28,184€4,050▼ 85.6%
Income taxes67/77€108,981€114,857€20,935€7,188€1,041▼ 85.5%
Profit (loss) for the period9904€343,214€347,417€39,768€20,997€3,009▼ 85.7%
Profit (loss) for the period to be appropriated9905€343,214€347,417€39,768€20,997€3,009▼ 85.7%
Line20212022202320242025Change
Assets
Total assets20/58€1.9m€1.6m€1.3m€501,706€227,365▼ 54.7%
Fixed assets21/28€4,833€3,464€2,369€1,531€692▼ 54.8%
Tangible fixed assets22/27€4,833€3,464€2,369€1,531€692▼ 54.8%
Plant, machinery and equipment23€4,833€3,464€2,369€1,531€692▼ 54.8%
Current assets29/58€1.9m€1.6m€1.3m€500,175€226,673▼ 54.7%
Amounts receivable after more than one year29--€150,063€156,082€162,325▲ 4.0%
Other amounts receivable291--€150,063€156,082€162,325▲ 4.0%
Stocks and contracts in progress3€8,416€1,000€1,000€1,000€1,000=
Stocks30/36€8,416€1,000€1,000€1,000€1,000=
Amounts receivable within one year40/41€72,312€144,284€65,010€58,686€14,877▼ 74.6%
Trade receivables40€56,185€144,284€59,830€55,685€14,877▼ 73.3%
Other amounts receivable41€16,127-€5,180€3,001--
Current investments50/53€189,208€169,982----
Cash at bank and in hand54/58€1.6m€1.3m€1.0m€283,561€47,595▼ 83.2%
Deferred charges and accrued income490/1€864--€845€875▲ 3.5%
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.6m€1.3m€501,706€227,365▼ 54.7%
Equity10/15€1.8m€1.5m€1.2m€473,655€146,664▼ 69.0%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Reserves13€1.2m€493,910€344,910€344,910€344,910=
Non-distributable reserves130/1€28,910€28,910€28,910---
Reserves not available under the articles1311€28,910€28,910€28,910---
Distributable reserves133€1.1m€465,000€316,000€344,910€344,910=
Profit (loss) carried forward14€639,994€987,410€807,948€108,745-€218,246▼ 301%
Amounts payable17/49€73,080€112,950€86,398€28,051€80,701▲ 188%
Amounts payable within one year42/48€73,080€112,950€86,398€28,051€80,701▲ 188%
Trade debts44€10,696€7,603€18,546€19,745€75,843▲ 284%
Suppliers440/4€10,696€7,603€18,546€19,745€75,843▲ 284%
Advances received on contracts in progress46€608€148----
Taxes, remuneration and social security45€61,776€105,199€67,852€7,211€3,763▼ 47.8%
Taxes450/3€22,861€87,969€67,852€7,211€3,763▼ 47.8%
Remuneration and social security454/9€38,916€17,230----
Other amounts payable47/48---€1,095€1,095=
Line20212022202320242025Change
Profit (loss) for the period9904€343,214€347,417€39,768€20,997€3,009▼ 85.7%
+ Depreciation and write-downs630€2,240€1,369€1,095€839€839=
Operating cash flow (approximation)€345,453€348,786€40,863€21,835€3,848▼ 82.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€338,812-€254,727-€757,253-€235,966▲ 68.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €3,009 ▼85.7%
Net result drops to €3,009, the lowest in the series.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €347,417 ▲1.2%
Operating result €475,100, net result €347,417, both a record.
06-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 acts for this company are 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, Bonheiden · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
4,751 m²
Building footprint
2,441 m²
Volume, LiDAR
1,053 m³
Parcel 12005A0234/00W002, Flanders · tallest building 5.5 m. Linked by address, not a title deed.
1 establishment unit
JM Security BVBA
Gestelhoflei 16D, 2820 BonheidenInvestigation and security activities
since 20082.167.993.154
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12005A0234/00W002 Flanders 4,751 m² 1 · 2,441 m² 5.5 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. VAN SAET SECURITY 100%
  2. JM SECURITY

Highest known parent: VAN SAET SECURITY. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

967600NC0CGIW6SV5I68
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 462 companies in sector 80090 we hold annual accounts for 262. 202 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
80090Investigation and security activities
43211General electrical installation work
80010Investigation and private security services
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0894467187
Registered 26-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.