JMG CONCEPT
ActiveJMG CONCEPT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €-943. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 95% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+22
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 12.95 against 10.14 in 2024; short-term debt: 7% and cash: 76% of total assets), and 7% of the assets are financed with debt.
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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
31 d early
2023
58 d early
2022
70 d early
2021
62 d early
2020
26 d early
2019
11 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€180k▼ 0.5%
2024 · €181k
2018: €186k
2019: €186k
2020: €189k
2021: €190k
2022: €189k
2023: €188k
2024: €181k
2018 → 2025
Total assets
€193k▼ 2.2%
2024 · €198k
2018: €233k
2019: €210k
2020: €207k
2021: €207k
2022: €212k
2023: €205k
2024: €198k
2018 → 2025
Net result
€-943▲ 85.9%
2024 · €-7k
2018: €311
2019: €496
2020: €2k
2021: €1k
2022: €-902
2023: €-1k
2024: €-7k
2018 → 2025
Working capital
€161k▲ 6.0%
2024 · €152k
2018: €176k
2019: €186k
2020: €189k
2021: €190k
2022: €158k
2023: €164k
2024: €152k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€190k-€189k▼ 0.5%€188k▼ 0.7%€181k▼ 3.6%€180k▼ 0.5%
Operating result€546-€-760€-740▲ 2.6%€-9k▼ 1,058%€-1k▲ 86.6%
Net result€1k-€-902€-1k▼ 41.5%€-7k▼ 425%€-943▲ 85.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193k
Fixed assets
€19k▼ 35.1%
Current assets
€174k▲ 3.6%
Equity and liabilities €193k
Equity
€180k▼ 0.5%
Debt
€14k▼ 20.1%
The debt ratio falls from 8.5% to 7.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €1k
Cash flow
€9k▲
2024 · €3k
Solvency
93.0%▲
2024 · 91.5%
Current ratio
12.95▲
2024 · 10.14
Quick ratio
12.68▲
2024 · 9.94
Debt / equity
0.08▼
2024 · 0.09
ROE
-0.5%▲
2024 · -3.7%
ROA
-0.5%▲
2024 · -3.4%
Interest coverage
26.12▲
2024 · 3.80
Debt
€14k▼
2024 · €17k
Debt ≤ 1 year
€13k▼
2024 · €17k
Income taxes
€2k▲
2024 · €-119
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€198k€193k▼
Fixed assets21/28€30k€19k▼
Tangible fixed assets22/27€30k€19k▼
Furniture and vehicles24€30k€19k▼
Current assets29/58€168k€174k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€38k€22k▼
Trade receivables40€27k€20k▼
Other amounts receivable41€11k€2k▼
Cash at bank and in hand54/58€126k€147k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€198k€193k▼
Equity10/15€181k€180k▼
Contributions10/11€151k€151k=
Profit (loss) carried forward14€30k€29k▼
Amounts payable17/49€17k€14k▼
Amounts payable within one year42/48€17k€13k▼
Trade debts44€17k€13k▼
Suppliers440/4€17k€13k▼
Other amounts payable47/48-€949
Accrued charges and deferred income492/3€314€46▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€1k€730▼
Gross operating margin9900€2k€10k▲
Operating profit (loss)9901€-9k€-1k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€307€353▲
Recurring financial charges65€307€353▲
Profit (loss) for the period before taxes9903€-7k€680▲
Income taxes67/77€-119€2k▲
Profit (loss) for the period9904€-7k€-943▲
Profit (loss) for the period to be appropriated9905€-7k€-943▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€29k▼
Profit (loss) brought forward from the previous period14P€37k€30k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €2k ▲344%
Operating result €3k, net result €2k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Evere · 1 establishment unit since 1996
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.
Henry Dunantlaan 111140 EvereGround area
2,108 m²
Building footprint
307 m²
Volume, LiDAR
7,063 m³
Parcel 21372D0119/00H000, Brussels · tallest building 26.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
JMG CONCEPT SPRL
since 19962.076.052.101
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0119/00H000 | Brussels | 2,108 m² | 1 · 307 m² | 26.7 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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OTTOSSUN ENERGY SYSTEMS
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KOSA
BE 0644.453.944
Ninove · Eq €180k
HAP
BE 0780.818.920
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ABELEC
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-1995
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.