JMDKONSTRUCT
Bankruptcy closedInactive since 22-04-2026; last annual accounts for financial year 2023.
Summary
JMDKONSTRUCT was declared bankrupt on 21-10-2024 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed for insufficient assets by judgment of 20-04-2026, published in the Belgian Official Gazette on 06-05-2026.
Financials · financial year 2023, micro format
Turnover
≈ €290,000
Estimated: probably between €190,000 and €500,000
EBIT margin
Not included in this filing
Net result
-€34,716▼ 123%
2022 · -€15,601
Working capital
-€18,609
2022 · €17,027
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €33,896 in 2023 against €15,288 in 2022; the loss grows and 2023 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€33,896
2023
Net result-€34,716
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€36,638
2023
Equity-€17,236
2023
Debt€53,874
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€18,609
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)4.1
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€21,335--€27,392€20,941€7,396▼ 64.7%-€15,288-€33,896▼ 122%
Net result€6,790--€27,667€20,609€7,146▼ 65.3%-€15,601-€34,716▼ 123%
Equity€32,993-€5,326▼ 83.9%€25,934▲ 387%€33,080▲ 27.6%€17,480▼ 47.2%-€17,236
Total assets€163,245-€29,844▼ 81.7%€43,424▲ 45.5%€56,531▲ 30.2%€77,901▲ 37.8%€36,638▼ 53.0%
Debt€130,253-€24,519▼ 81.2%€17,490▼ 28.7%€23,451▲ 34.1%€60,421▲ 158%€53,874▼ 10.8%
Working capital€22,114-€315▼ 98.6%€25,197▲ 80×€34,413▲ 36.6%€17,027▼ 50.5%-€18,609
Staff (FTE)1.6-1▼ 37.5%1=1.8▲ 80.0%2.4▲ 33.3%4.1▲ 70.8%
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €35,467
Fixed assets
€7,555 ▼ 10.0%
Current assets
€27,911 ▼ 59.8%
Equity and liabilities
Equity-€17,236
Debt€53,874
Equity is negative: debt (€53,874) exceeds the balance-sheet total (€36,638).
Key figures and ratios
EBITDA
-€32,972▼
2022 · -€14,600
Cash flow
-€33,792▼
2022 · -€14,913
Solvency
-47.0%▼
2022 · 22.4%
Current ratio
0.60▼
2022 · 1.32
ROA
-94.8%▼
2022 · -20.0%
Interest coverage
-40.22▲
2022 · -46.66
Debt ≤ 1 year
€46,520▼
2022 · €52,481
Debt > 1 year
€2,547▼
2022 · €5,373
Staff costs
€127,504▲
2022 · €72,980
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,665 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €65,069 | €72,980 | €127,504 | ▲ 74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,405 | €4,299 | €3,994 | €2,020 | €688 | €924 | ▲ 34.4% |
| Other operating charges640/8 | - | - | - | €5,453 | €905 | €1,492 | ▲ 65.0% |
| Gross operating margin9900 | €45,698 | €7,794 | €60,065 | €79,938 | €59,284 | €96,024 | ▲ 62.0% |
| Operating profit (loss)9901 | €21,335 | -€27,392 | €20,941 | €7,396 | -€15,288 | -€33,896 | ▼ 122% |
| Financial income75/76B | - | - | - | - | - | €0 | - |
| Recurring financial income75 | €3,011 | €254 | €1 | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €249 | €313 | €820 | ▲ 162% |
| Recurring financial charges65 | €17,556 | €529 | €333 | €249 | €313 | €820 | ▲ 162% |
| Profit (loss) for the period before taxes9903 | €6,790 | -€27,667 | €20,609 | €7,146 | -€15,601 | -€34,716 | ▼ 123% |
| Profit (loss) for the period9904 | €6,790 | -€27,667 | €20,609 | €7,146 | -€15,601 | -€34,716 | ▼ 123% |
| Profit (loss) for the period to be appropriated9905 | €6,790 | -€27,667 | €20,609 | €7,146 | -€15,601 | -€34,716 | ▼ 123% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €163,245 | €29,844 | €43,424 | €56,531 | €77,901 | €36,638 | ▼ 53.0% |
| Formation expenses20 | - | - | - | - | - | €1,171 | - |
| Fixed assets21/28 | €11,014 | €6,715 | €2,721 | €701 | €8,393 | €7,555 | ▼ 10.0% |
| Tangible fixed assets22/27 | €10,789 | €6,490 | €2,496 | €476 | €8,168 | €7,330 | ▼ 10.3% |
| Plant, machinery and equipment23 | - | - | - | €476 | €8,168 | €7,330 | ▼ 10.3% |
| Financial fixed assets28 | €225 | €225 | €225 | €225 | €225 | €225 | = |
| Current assets29/58 | €152,231 | €23,129 | €40,703 | €55,831 | €69,508 | €27,911 | ▼ 59.8% |
| Stocks and contracts in progress3 | €7,860 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €114,236 | €18,777 | €35,509 | €35,964 | €59,258 | €25,937 | ▼ 56.2% |
| Trade receivables40 | - | - | - | €7,815 | €50,356 | €19,718 | ▼ 60.8% |
| Other amounts receivable41 | - | - | - | €28,149 | €8,902 | €6,219 | ▼ 30.1% |
| Cash at bank and in hand54/58 | €25,905 | €2,608 | €1,127 | €16,581 | €9,315 | €1,160 | ▼ 87.6% |
| Deferred charges and accrued income490/1 | - | - | - | €3,286 | €935 | €815 | ▼ 12.9% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €163,245 | €29,844 | €43,424 | €56,531 | €77,901 | €36,638 | ▼ 53.0% |
| Equity10/15 | €32,993 | €5,326 | €25,934 | €33,080 | €17,480 | -€17,236 | - |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €12,900 | €2,000 | €5,934 | €13,080 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | - | - |
| Distributable reserves133 | - | - | - | €11,080 | - | €2,000 | - |
| Profit (loss) carried forward14 | €93 | -€16,674 | €93 | - | -€4,520 | -€39,236 | ▼ 768% |
| Amounts payable17/49 | €130,253 | €24,519 | €17,490 | €23,451 | €60,421 | €53,874 | ▼ 10.8% |
| Amounts payable after more than one year17 | - | - | - | - | €5,373 | €2,547 | ▼ 52.6% |
| Financial debts170/4 | - | - | - | - | €5,373 | €2,547 | ▼ 52.6% |
| Amounts payable within one year42/48 | €130,117 | €22,814 | €15,506 | €21,418 | €52,481 | €46,520 | ▼ 11.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €2,595 | €2,826 | ▲ 8.9% |
| Trade debts44 | €100,941 | €17,506 | €13,603 | €18,701 | €49,358 | €34,149 | ▼ 30.8% |
| Suppliers440/4 | - | - | - | €18,701 | €49,358 | €34,149 | ▼ 30.8% |
| Taxes, remuneration and social security45 | - | - | - | €1,404 | €489 | €9,432 | ▲ 19× |
| Taxes450/3 | - | - | - | - | €26 | - | - |
| Remuneration and social security454/9 | - | - | - | €1,404 | €463 | €9,432 | ▲ 20× |
| Other amounts payable47/48 | - | - | - | €1,313 | €38 | €113 | ▲ 196% |
| Accrued charges and deferred income492/3 | - | - | - | €2,033 | €2,567 | €4,807 | ▲ 87.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,790 | -€27,667 | €20,609 | €7,146 | -€15,601 | -€34,716 | ▼ 123% |
| + Depreciation and write-downs630 | €4,405 | €4,299 | €3,994 | €2,020 | €688 | €924 | ▲ 34.4% |
| Operating cash flow (approximation) | €11,195 | -€23,368 | €24,603 | €9,166 | -€14,913 | -€33,792 | ▼ 127% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€8,380 | -€86 | ▲ 99.0% |
| Change in cash | - | -€23,297 | -€1,481 | €15,454 | -€7,266 | -€8,155 | ▼ 12.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 10-06-2024 | 2024-00130479 |
| 31-12-2022 | full format | 30-08-2023 | 2023-00414188 |
| 31-12-2021 | full format | 24-08-2022 | 2022-20309701 |
| 31-12-2020 | full format | 22-10-2021 | 2021-72700556 |
| 31-12-2019 | micro format | 20-08-2020 | 2020-43000318 |
| 31-12-2018 | full format | 30-08-2019 | 2019-61200493 |
| 31-12-2017 | full format | 25-06-2018 | 2018-22100048 |
| 31-12-2016 | full format | 30-06-2017 | 2017-26000478 |
| 31-12-2015 | full format | 01-06-2016 | 2016-14600219 |
| 31-12-2014 | full format | 30-06-2015 | 2015-25200162 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.