JMG
ActiveFrom the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of JMG is 3.1% (moderate). The annual accounts of JMG for financial year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €124,388 and a net result of -€201,567. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 9,883 sector peers (NACE 43, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 17-11-2008 Normal situation
- Legal form
- Private limited company
- Registered office
- Vogelenzang 3, 2340 Beerse
- Activity
- Floor and wall tiling NACE 43331and 1 other
- Establishment units
- 2.174.832.446 2340 Beerse, since 02-01-2009
- 2.293.479.678 2340 Beerse, since 01-07-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 11-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.1%
- Gross margin
- €229,365
- ▼ 52.8%
- Turnover
- ≈ €770,000
- estimated
- Loss
- €201,567
- ▲ 47×
- Equity
- €124,388
- ▼ 61.8%
- Total assets
- €1.6m
- ▼ 5.5%
- Staff
- 3.7 FTE
- ▼ 36.2%
Score breakdownraises riskLoss of €201,567, the second in a row (financial year 2025)Equity €124,388 (7.5% of total assets)Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.03, cash €31,463Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 12% of them on solvency, 26% on liquidity, 9% on profitability and 7% 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
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 13 days after the deadline Filed on 13 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00111256.
Annual accounts 2025
- Financial year ended
- 30-09-2025
- Filed on
- 13-05-2026
- Format
- abbreviated format
- Reference
- 2026-00111256
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €160,887, after a profit of €29,038 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Companies with the same profile, two years later
Historical observationIn July 2024, 642 companies had the same profile as JMG has now. Two years later, 3.6% had gone bankrupt and 90.0% were still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 0.9% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JMG itself: 3.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 642 companies, not a prediction for JMG. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €205,759 | - | €1,824 | €14,235 | ▲ 680% |
| Remuneration, social security and pensions62 | - | - | - | €334,300 | €369,357 | €387,976 | €305,378 | ▼ 21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82,144 | €57,782 | €60,474 | €78,977 | €68,086 | €62,049 | €71,466 | ▲ 15.2% |
| Other operating charges640/8 | - | - | - | €8,085 | €2,847 | €6,819 | €13,408 | ▲ 96.6% |
| Gross operating margin9900 | €253,104 | €312,671 | €406,745 | €673,606 | €463,123 | €485,882 | €229,365 | ▼ 52.8% |
| Operating profit (loss)9901 | €34,731 | €17,355 | €71,643 | €252,244 | €22,833 | €29,038 | -€160,887 | - |
| Financial income75/76B | - | - | - | €86 | €1,772 | €524 | €2,686 | ▲ 413% |
| Recurring financial income75 | €7 | €2 | €223 | €86 | €1,772 | €524 | €2,686 | ▲ 413% |
| Financial charges65/66B | - | - | - | €27,731 | €26,266 | €30,477 | €44,510 | ▲ 46.0% |
| Recurring financial charges65 | €18,169 | €17,011 | €25,286 | €27,731 | €26,266 | €30,477 | €44,510 | ▲ 46.0% |
| Profit (loss) for the period before taxes9903 | €16,569 | €346 | €46,580 | €224,599 | -€1,661 | -€915 | -€202,711 | ▼ 22,054% |
| Transfer from deferred taxes780 | - | - | - | €668 | €1,371 | €1,370 | €1,370 | = |
| Transfer to deferred taxes680 | - | - | - | €41,152 | - | - | - | - |
| Income taxes67/77 | €1,745 | €245 | €11,460 | €4,405 | €3,398 | €4,758 | €226 | ▼ 95.3% |
| Profit (loss) for the period9904 | €14,824 | €101 | €35,120 | €179,710 | -€3,688 | -€4,303 | -€201,567 | ▼ 4,584% |
| Transfer from tax-exempt reserves789 | - | - | - | €2,673 | €5,481 | €5,481 | €5,482 | = |
| Transfer to tax-exempt reserves689 | - | - | - | €164,607 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €14,824 | €101 | €35,120 | €17,776 | €1,793 | €1,178 | -€196,085 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €1.0m | €1.1m | €1.8m | €1.6m | €1.7m | €1.6m | ▼ 5.5% |
| Fixed assets21/28 | €0.7m | €0.6m | €0.6m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 0.9% |
| Tangible fixed assets22/27 | €0.7m | €0.6m | €0.6m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 0.9% |
| Land and buildings22 | - | - | - | €1.1m | €1.0m | €1.0m | €1.0m | ▼ 3.5% |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.03m | €0.02m | €0.01m | ▼ 25.5% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.05m | €0.05m | €0.08m | ▲ 57.5% |
| Current assets29/58 | €0.3m | €0.4m | €0.5m | €0.6m | €0.5m | €0.7m | €0.6m | ▼ 13.1% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.4m | €0.3m | ▼ 23.2% |
| Stocks30/36 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 11.5% |
| Contracts in progress37 | - | - | - | €0.04m | €0.04m | €0.07m | €0.02m | ▼ 69.6% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 12.1% |
| Trade receivables40 | - | - | - | €0.2m | €0.1m | €0.3m | €0.2m | ▼ 43.1% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.02m | €0.02m | €0.1m | ▲ 360% |
| Cash at bank and in hand54/58 | €0.03m | €0.01m | €0.04m | €0.07m | €0.002m | €0.002m | €0.03m | ▲ 18× |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.008m | €0.008m | €0.01m | ▲ 20.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.1m | €1.8m | €1.6m | €1.7m | €1.6m | ▼ 5.5% |
| Equity10/15 | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | €0.1m | ▼ 61.8% |
| Contributions10/11 | €0.04m | - | - | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Reserves13 | €0.04m | €0.04m | €0.07m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 2.3% |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 3.6% |
| Distributable reserves133 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Profit (loss) carried forward14 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | -€0.2m | - |
| Provisions and deferred taxes16 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | ▼ 3.6% |
| Deferred taxes168 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | ▼ 3.6% |
| Amounts payable17/49 | €0.8m | €0.9m | €1.0m | €1.4m | €1.3m | €1.4m | €1.5m | ▲ 7.7% |
| Amounts payable after more than one year17 | €0.5m | €0.5m | €0.5m | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 8.1% |
| Financial debts170/4 | - | - | - | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 8.1% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.5m | €0.5m | €0.4m | €0.5m | €0.6m | ▲ 10.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.07m | €0.09m | ▲ 23.9% |
| Financial debts43 | - | - | - | €0.04m | €0.001m | €0.04m | €0.07m | ▲ 64.6% |
| Credit institutions430/8 | - | - | - | €0.04m | €0.001m | €0.04m | €0.07m | ▲ 64.6% |
| Trade debts44 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 33.7% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 33.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.03m | €0.03m | €0.04m | ▲ 26.8% |
| Taxes450/3 | - | - | - | €0.009m | €0.006m | €0.008m | €0.003m | ▼ 57.1% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.02m | €0.03m | €0.04m | ▲ 52.5% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.04m | ▼ 65.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.02m | €0.02m | €0.003m | ▼ 85.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,824 | €101 | €35,120 | €179,710 | -€3,688 | -€4,303 | -€201,567 | ▼ 4,584% |
| + Depreciation and write-downs630 | €82,144 | €57,782 | €60,474 | €78,977 | €68,086 | €62,049 | €71,466 | ▲ 15.2% |
| Operating cash flow (approximation) | €96,968 | €57,883 | €95,594 | €258,687 | €64,398 | €57,746 | -€130,101 | - |
| Investment in fixed assets (approximation) | - | -€24,345 | -€54,839 | -€636,642 | -€17,368 | -€18,792 | -€61,941 | ▼ 230% |
| Change in cash | - | -€13,799 | €29,279 | €23,178 | -€64,776 | -€418 | €29,698 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 13-05-2026 | 2026-00111256 | |
| 30-09-2024 | abbreviated format | 07-04-2025 | 2025-00068487 | |
| 30-09-2023 | abbreviated format | 18-04-2024 | 2024-00065585 | |
| 30-09-2022 | abbreviated format | 31-03-2023 | 2023-00052540 | |
| 30-09-2021 | abbreviated format | 28-03-2022 | 2022-08800122 | |
| 30-09-2020 | micro format | 09-04-2021 | 2021-10100049 | |
| 30-09-2019 | micro format | 25-03-2020 | 2020-07400568 | |
| 30-09-2018 | micro format | 17-04-2019 | 2019-10100297 | |
| 30-09-2017 | micro format | 11-04-2018 | 2018-09600082 | |
| 30-09-2016 | abbreviated format | 27-03-2017 | 2017-07200535 |
Comparable companies
These companies have the same main activity as JMG: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €888,000 and €1.3m, founded between 2004 and 2013.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| JMG Beerse | 2008 | €1.6m | €0.1m | €0.2m | - | -€0.2m | 3.7 | 2025 |
| MERTENS VLOERWERKEN Malle | 2013 | €0.9m | €0.4m | €0.2m | - | -€0.01m | 3 | 2025 |
| DEKIJNDT TEGELS Eeklo | 2004 | €1.1m | €0.3m | €0.2m | - | -€0.03m | 2.7 | 2025 |
| DRD CONSULT Hasselt | 2004 | €1.2m | €0.1m | €0.3m | - | €0.007m | 2.6 | 2025 |
| SP CONSTRUCTIONS Charleroi | 2005 | €0.9m | €0.2m | €0.2m | €0.9m | €0.03m | 4.2 | 2025 |
| DEVRIENDT PATRICK EN JASON VLOERWERKEN Gistel | 2012 | €1.3m | €0.6m | €0.2m | - | €0.04m | 1.8 | 2026 |
| SEEGERS TEGELDESIGN Dilsen-Stokkem | 2011 | €1.0m | -€0.3m | €0.3m | - | -€0.08m | 5.6 | 2025 |
They were chosen from the 1,708 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Subsidies and aid
Flemish government
2022 · 1 entry · €303 awarded · €303 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GOOSSENS Pieter |
|
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from the directors of JMG. Every other company they run is a node.
History
Acts, filings and financial milestones
11-02
Gazette deed
Purpose · NameName change · Purpose change · Amendment of the articles6 points ▸
- General meeting, 09-02-2026
- Name change, JMG
- Purpose change
- Amendment of the articles, 1
- Amendment of the articles, 3
- Power of attorney, Fiduciaire Dergent & Dergent
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202534 activities
- Bijstand, onderzoek, uitvoering en raadgeving inzake management, financiën, rapportering, organisatie, bedrijfsvoering, informatie, rekrutering, opleiding en selectie van personeel
- Het uitvoeren of laten uitvoeren van alle soorten dienstverlening en mandaten, onder de vorm van studies, organisaties, expertises, raadgevingen, lessen en seminaries, marketing, management met of zonder terbeschikkingstelling van personeel, lokalen en materialen, in commercieel beheer en op het vlak van informatica, administratie, in financiële, economische en commerciële materies
- Het verlenen van alle mogelijke diensten en producten inzake management, marketing, bedrijfsbeheer, administratie, human resources
- De totaalrenovaties van badkamers
- Het aan-en verkopen , de in-en uitvoer, de fabricatie en assemblage van producten, alsmede de installatie en alle verrichtingen en verhandelingen in verband met verwarming, sanitair, loodgieterij, ventilatie, koeling, klimaatregeling en aanverwante bedrijvigheden
- Het uitvoeren van loodgieterwerk
- Het uitvoeren van sanitaire werkzaamheden en plaatsen van sanitaire toestellen
- Het plaatsen van dakgoten en regenafvoerbuizen
- De fabricatie, het aannemingswerk, het plaatsingswerk, de verwerking en de bewerking, de goot-en kleinhandel, de in- en uitvoer, het vervoer en de plaatsing van ijzerwaren, huishoudartikelen, verwarmingstoestellen en -inrichtingen, sanitair, elektrische artikelen, verlichtingsartikelen en radio-elektrisch materieel
- De installatie in gebouwen en andere bouwwerken van waterleidingen, artikelen voor sanitair gebruik, gasaansluitingen, leidingen voor diverse gassen
- De bouw van alle daken, het uitvoeren van alle dakwerken en het plaatsen van dakbedekking van ongeacht welk materiaal
- Het plaatsen van centrale verwarming
- Het leggen van klinkers, chapes, wand- en tegelvloeren, parket en alle andere bedekkingen van vloeren of bekleden van muren
- Het plaatsen van vloeren en wandtegels
- Het uitvoeren van bezettingswerken
- Het uitvoeren van schrijnwerkerij
- Het plaatsen van gyprocwanden
- Het uitvoeren van schilderswerken
- Het uitvoeren van metsel- en betonwerken
- Het uitvoeren van elektriciteitswerken
- De coördinatie van diverse bouwwerkzaamheden dewelke worden uitgevoerd door onderaannemers; de groot- en kleinhandel in alle bouwmaterialen
- De uitbating van een algemene bouwonderneming, al dan niet in coördinatie met onderaannemers
- Het invoegen en reinigen van gevels
- Het uitvoeren van renovatie- en verbouwingswerken
- Beheren van vermogens, van roerende en onroerende goederen, het aankopen, verkopen, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren, en uitbaten van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen. Het buren en verhuren van roerende en onroerende bedrijfsmiddelen en rechten; het verwerven en/of exploiteren van rechten van intellectuele en/of industriële eigendom, het verwerven en exploiteren van (sub)licenties, octrooien, procedés en/of vergunningen
- Mentale en emotionele begeleiding (coaching) zowel in groep als individueel van zowel volwassenen als kinderen
- Organisatie van groeigroepen en uitzetten van trajecten voor kinderen als volwassenen, mensen in beweging krijgen
- Uitbaten van een kinderboerderij
- Stalling en fokken van paarden en pony’s, geven van gewenning en rijlessen met paarden, pony’s en andere dieren
- Organisatie van vakantiekampen voor kinderen, van kinderanimatie en - opvang
- Interactieve vormingen, begeleidingen, nascholing en educatieve vorming (lesgeven ea)
- Geven van workshops, kooklessen en teambuilding
- Uitbaten van horeca aangelegenheden
- Detailhandel en ontwerpen van kleding en gadgets
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0807.970.309
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
2 establishment units
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13004D0340/00A000 | Flanders | 1,372 m² | 1 · 638 m² | 0.2 m |
| 13004A0695/00S000 | Flanders | 262 m² | 1 · 262 m² | 7.2 m · 2 |