JMG RACING
ActiveJMG RACING has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €18k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 80% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+2
Solvency95▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.93 against 2.81 in 2024; short-term debt: 30% and cash: 50.3% of total assets), and 30% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70%
Return on assets
7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
3 d early
2023
15 d late
2022
30 d late
2021
31 d late
2020
60 d late
2019
40 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€181k▲ 11.0%
2024 · €163k
2018: €66k
2019: €67k
2020: €93k
2021: €127k
2022: €141k
2023: €153k
2024: €163k
2018 → 2025
Total assets
€259k▲ 8.9%
2024 · €238k
2018: €113k
2019: €122k
2020: €215k
2021: €234k
2022: €231k
2023: €206k
2024: €238k
2018 → 2025
Net result
€18k▲ 56.3%
2024 · €12k
2018: €2k
2019: €2k
2020: €26k
2021: €59k
2022: €32k
2023: €14k
2024: €12k
2018 → 2025
Working capital
€150k▲ 18.0%
2024 · €127k
2018: €57k
2019: €50k
2020: €61k
2021: €88k
2022: €108k
2023: €131k
2024: €127k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€127k-€141k▲ 11.1%€153k▲ 8.4%€163k▲ 6.9%€181k▲ 11.0%
Operating result€69k-€44k▼ 37.1%€20k▼ 54.1%€18k▼ 8.1%€27k▲ 45.2%
Net result€59k-€32k▼ 45.5%€14k▼ 57.6%€12k▼ 15.0%€18k▲ 56.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259k
Fixed assets
€31k▼ 22.7%
Current assets
€228k▲ 15.3%
Equity and liabilities €259k
Equity
€181k▲ 11.0%
Debt
€78k▲ 4.2%
The debt ratio falls from 31.4% to 30.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▲
2024 · €27k
Cash flow
€31k▲
2024 · €20k
Solvency
70.0%▲
2024 · 68.6%
Current ratio
2.93▲
2024 · 2.81
Quick ratio
1.91▼
2024 · 2.18
Debt / equity
0.43▼
2024 · 0.46
ROE
9.9%▲
2024 · 7.1%
ROA
7.0%▲
2024 · 4.8%
Interest coverage
21.17▲
2024 · 10.68
Debt
€78k▲
2024 · €75k
Debt ≤ 1 year
€78k▲
2024 · €70k
Income taxes
€7k▲
2024 · €5k
Staff costs
€58k▲
2024 · €58k
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€238k€259k▲
Fixed assets21/28€40k€31k▼
Tangible fixed assets22/27€40k€31k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€32k€25k▼
Financial fixed assets28€100€100=
Current assets29/58€197k€228k▲
Stocks and contracts in progress3€44k€79k▲
Stocks30/36€44k€79k▲
Amounts receivable within one year40/41€15k€12k▼
Trade receivables40€6k€12k▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€137k€130k▼
Deferred charges and accrued income490/1€571€6k▲
Equity and liabilities
Total equity and liabilities10/49€238k€259k▲
Equity10/15€163k€181k▲
Contributions10/11€20k€19k▼
Reserves13€137k€157k▲
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133€137k€155k▲
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€75k€78k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€70k€78k▲
Current portion of amounts payable after more than one year42€5k€4k▼
Trade debts44€19k€21k▲
Suppliers440/4€19k€21k▲
Taxes, remuneration and social security45€21k€38k▲
Taxes450/3€11k€27k▲
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€25k€15k▼
Income statement
Code20242025
Remuneration, social security and pensions62€58k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€225▼
Other operating charges640/8€839€2k▲
Gross operating margin9900€87k€100k▲
Operating profit (loss)9901€18k€27k▲
Financial income75/76B€358€648▲
Recurring financial income75€358€648▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€16k€26k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€12k€18k▲
Profit (loss) for the period to be appropriated9905€12k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€23k▲
Profit (loss) brought forward from the previous period14P€5k€5k▲
Transfer from equity791/2€1k-
Transfer to equity691/2€12k€18k▲
To other reserves6921€12k€18k▲
Profit to be distributed694/7€1k-
Return on contributions (dividend)694€1k-
The notes to these accounts (11 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
31-12
Financial
Equity above €150kEq €153k ▲8.4%
6 profitable years in a row build equity to €153k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €59k ▲123%
Operating result €69k, net result €59k, both a record.
31-12
Financial
Equity above €100kEq €127k ▲35.8%
4 profitable years in a row build equity to €127k.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Thimister-Clermont · 1 establishment unit since 2015
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.
Fond Jowa 24890 Thimister-ClermontGround area
1,767 m²
Building footprint
197 m²
Volume, LiDAR
1,189 m³
Parcel 63077A0082/00F000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JMG RACING
since 20152.241.414.038
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077A0082/00F000 | Wallonia | 1,767 m² | 1 · 197 m² | 7.0 m · 2 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
TRUST BIKE
BE 0452.228.450
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D'HONDT C.
BE 0474.377.411
Oud-Heverlee · Eq €181k
DL MOTORS
BE 0789.264.254
Oostkamp · Eq €181k
GARAGE SDS
BE 0475.714.922
Ternat · Eq €178k
JMS
BE 0431.561.611
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Of 1,126 companies in sector 47830 we hold annual accounts for 468. 386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2008
Fiscal year end31-12
Activities, NACEBEL
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
85510Sports and recreation education
93121Football clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.