JM Services
ActiveSummary
The computed 12-month bankruptcy probability of JM Services is 3.0% (moderate). The 2025 annual accounts show equity of €63,956 and a net result of -€14,260. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 46% of 28254 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-22
Solvency68▲+4
Growth39▼-30
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.3 in 2024; short-term debt: 34.5% and cash: 16.3% of total assets), and 56.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
43.4%
Return on assets
-9.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€14,260
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
25 d late
2024
22 d early
2023
14 d early
2022
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 1 day 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. Usually files around 22 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€176,612▼ 20.8%
2023 · €223,002
EBIT margin
1.6%▼ 3.4pp
2023 · 5.0%
Net result
-€14,260▼ 109,590%
2024 · -€13
Working capital
-€425
2024 · €16,034
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€158,498-€223,002▲ 40.7%€176,612▼ 20.8%
Operating result€1,473-€11,055▲ 651%€2,772▼ 74.9%-€10,462
Net result-€1,622below the sector's middle half-€4,850within the sector's middle half-€13below the sector's middle half-€14,260below the sector's middle half▼ 109,590%
EBIT margin0.9%-5.0%▲ 4.0pp1.6%▼ 3.4pp
Equity€73,378within the sector's middle half-€78,228within the sector's middle half▲ 6.6%€78,215within the sector's middle half=€63,956within the sector's middle half▼ 18.2%
Total assets€201,414within the sector's middle half-€189,889within the sector's middle half▼ 5.7%€201,886within the sector's middle half▲ 6.3%€147,521within the sector's middle half▼ 26.9%
Debt€128,036-€111,661▼ 12.8%€123,671▲ 10.8%€83,565▼ 32.4%
Working capital-€7,853below the sector's middle half-€15,658within the sector's middle half€16,034within the sector's middle half▲ 2.4%-€425below the sector's middle half
Solvency36.4%within the sector's middle half-41.2%within the sector's middle half▲ 4.8pp38.7%within the sector's middle half▼ 2.5pp43.4%within the sector's middle half▲ 4.6pp
Current ratio0.80below the sector's middle half-1.41within the sector's middle half▲ 0.601.30within the sector's middle half▼ 0.100.99below the sector's middle half▼ 0.31
Return on assets (ROA)-0.8%below the sector's middle half-2.6%within the sector's middle half▲ 3.4pp0.0%below the sector's middle half▼ 2.6pp-9.7%below the sector's middle half▼ 9.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10,462 after €2,772 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147,521
Fixed assets
€97,093 ▼ 26.8%
Current assets
€50,428 ▼ 27.1%
Equity and liabilities €147,521
Equity
€63,956 ▼ 18.2%
Debt
€83,565 ▼ 32.4%
Debt's share of the balance-sheet total falls from 61.3% to 56.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€34,386▼
2024 · €42,902
Cash flow
€30,589▼
2024 · €40,117
Debt to equity
1.31▼
2024 · 1.58
ROE
-22.3%▼
2024 · 0.0%
Interest coverage
10.16▲
2024 · 9.89
Debt ≤ 1 year
€50,853▼
2024 · €53,137
Debt > 1 year
€32,713▼
2024 · €70,534
Income taxes
€412▼
2024 · €979
Staff costs
€0▼
2024 · €286
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,148 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
5.8%
stopped otherwise
92%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 2,148 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €158,498 | €223,002 | €176,612 | - | - |
| Non-recurring operating income76A | - | - | - | €198 | - |
| Goods, raw materials, services and sundry goods60/61 | €134,241 | - | €131,692 | - | - |
| Remuneration, social security and pensions62 | €164 | €319 | €286 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,344 | €35,980 | €40,130 | €44,848 | ▲ 11.8% |
| Other operating charges640/8 | €1,276 | €4,267 | €1,732 | €4,285 | ▲ 147% |
| Non-recurring operating charges66A | - | - | - | €2,916 | - |
| Gross operating margin9900 | €24,257 | €51,621 | €44,920 | €41,587 | ▼ 7.4% |
| Operating profit (loss)9901 | €1,473 | €11,055 | €2,772 | -€10,462 | ▼ 477% |
| Financial income75/76B | - | - | €4,959 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €4,959 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | €4,959 | €0 | ▼ 100% |
| Financial charges65/66B | €3,095 | €6,205 | €6,765 | €3,385 | ▼ 50.0% |
| Recurring financial charges65 | €2,186 | €3,543 | €4,339 | €3,385 | ▼ 22.0% |
| Non-recurring financial charges66B | €909 | €2,662 | €2,426 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€1,622 | €4,850 | €966 | -€13,847 | ▼ 1,533% |
| Income taxes67/77 | - | - | €979 | €412 | ▼ 57.9% |
| Profit (loss) for the period9904 | -€1,622 | €4,850 | -€13 | -€14,260 | ▼ 109,590% |
| Profit (loss) for the period to be appropriated9905 | -€1,622 | €4,850 | -€13 | -€14,260 | ▼ 109,590% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €201,414 | €189,889 | €201,886 | €147,521 | ▼ 26.9% |
| Fixed assets21/28 | €169,363 | €135,672 | €132,715 | €97,093 | ▼ 26.8% |
| Intangible fixed assets21 | €1,041 | €800 | €558 | €317 | ▼ 43.2% |
| Tangible fixed assets22/27 | €168,322 | €134,872 | €132,157 | €96,776 | ▼ 26.8% |
| Furniture and vehicles24 | €168,322 | €134,872 | €132,157 | €96,776 | ▼ 26.8% |
| Current assets29/58 | €32,051 | €54,217 | €69,171 | €50,428 | ▼ 27.1% |
| Amounts receivable within one year40/41 | €11,637 | €9,388 | €12,992 | €24,895 | ▲ 91.6% |
| Trade receivables40 | €11,637 | €9,388 | €12,992 | €24,895 | ▲ 91.6% |
| Cash at bank and in hand54/58 | €19,671 | €44,287 | €53,347 | €24,111 | ▼ 54.8% |
| Deferred charges and accrued income490/1 | €743 | €542 | €2,832 | €1,422 | ▼ 49.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €201,414 | €189,889 | €201,886 | €147,521 | ▼ 26.9% |
| Equity10/15 | €73,378 | €78,228 | €78,215 | €63,956 | ▼ 18.2% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Capital10 | €75,000 | €75,000 | €75,000 | - | - |
| Issued capital100 | €75,000 | €75,000 | €75,000 | - | - |
| Profit (loss) carried forward14 | -€1,622 | €3,228 | €3,215 | -€11,044 | ▼ 444% |
| Amounts payable17/49 | €128,036 | €111,661 | €123,671 | €83,565 | ▼ 32.4% |
| Amounts payable after more than one year17 | €87,371 | €73,102 | €70,534 | €32,713 | ▼ 53.6% |
| Financial debts170/4 | €87,371 | €73,102 | €70,534 | €32,713 | ▼ 53.6% |
| Amounts payable within one year42/48 | €39,904 | €38,559 | €53,137 | €50,853 | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | €23,568 | €28,250 | €36,550 | €37,821 | ▲ 3.5% |
| Trade debts44 | €11,986 | €2,754 | €6,822 | €2,310 | ▼ 66.1% |
| Suppliers440/4 | €11,986 | €2,754 | €6,822 | €2,310 | ▼ 66.1% |
| Taxes, remuneration and social security45 | €4,350 | €7,540 | €9,765 | €7,791 | ▼ 20.2% |
| Taxes450/3 | €1,352 | €4,427 | €6,637 | €7,791 | ▲ 17.4% |
| Remuneration and social security454/9 | €2,998 | €3,113 | €3,128 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €15 | - | €2,931 | - |
| Accrued charges and deferred income492/3 | €761 | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,622 | €4,850 | -€13 | -€14,260 | ▼ 109,590% |
| + Depreciation and write-downs630 | €21,344 | €35,980 | €40,130 | €44,848 | ▲ 11.8% |
| Operating cash flow (approximation) | €19,722 | €40,830 | €40,117 | €30,589 | ▼ 23.8% |
| Investment in fixed assets (approximation) | - | -€2,289 | -€37,173 | -€9,226 | ▲ 75.2% |
| Change in cash | - | €24,616 | €9,060 | -€29,236 | ▼ 423% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet -€14,260
Net result drops to -€14,260, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4,850
Net result €4,850 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Oupeye · 1 establishment unit since 2022
Ground area
528 m²
Building footprint
247 m²
Volume, LiDAR
1,148 m³
2 parcels, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JM SERVICES
since 20222.330.517.644
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62109B0221/00V000 | Wallonia | 372 m² | 1 · 137 m² | 7.7 m · 2 fl. |
| 62109A0251/02B002 | Wallonia | 156 m² | 1 · 110 m² | 5.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PHILIPPE HOORNAERT
BE 0666.940.425
Staden · Eq €63,913
HABSCH DACHDECKER & GERÜSTBAU
BE 0741.645.964
Bütgenbach · Eq €64,000
TBM DAKWERKEN BOSMANS
BE 0451.385.144
Hechtel-Eksel · Eq €63,907
T. DAMOISEAU
BE 0680.611.386
Limbourg · Eq €64,086
SANDER PEERE
BE 0832.098.563
Brugge · Eq €64,099
Of 8,578 companies in sector 43410 we hold annual accounts for 4,369. 3,767 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
Founded22-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43421Specialised construction activities
95315Tyre services
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0785341197
Registered
22-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.