JMGe
ActiveSummary
The computed 12-month bankruptcy probability of JMGe is 4.2% (elevated). The 2025 annual accounts show negative equity (-€22,184) and a net result of €8,985. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 13683 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.32 in 2024; short-term debt: 471.2% and cash: 11.5% of total assets), and equity is negative.
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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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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
-371.2%
Return on assets
150.3%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 13683 sector peers (2025).
NBB · sector comparisonPosition among 13683 sector peers
Solvency
better than 5%
← weakest
strongest →
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
69 d early
2023
34 d early
2022
12 d early
2021
57 d late
2020
93 d late
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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 28 June (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,985▼ 28.8%
2024 · €12,625
Working capital
-€23,920▲ 29.2%
2024 · -€33,770
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€10,575▲ 33.2%-€11,034▼ 4.3%€5,933€5,496▼ 7.4%€10,272▲ 86.9%
Net result-€11,211below the sector's middle half▲ 30.1%-€11,578within the sector's middle half▼ 3.3%€5,511within the sector's middle half€12,625within the sector's middle half▲ 129%€8,985within the sector's middle half▼ 28.8%
Equity-€37,727below the sector's middle half▼ 42.3%-€49,305below the sector's middle half▼ 30.7%-€43,794below the sector's middle half▲ 11.2%-€31,169below the sector's middle half▲ 28.8%-€22,184below the sector's middle half▲ 28.8%
Total assets€13,168below the sector's middle half▲ 197%€11,296below the sector's middle half▼ 14.2%€29,320below the sector's middle half▲ 160%€18,691below the sector's middle half▼ 36.3%€5,977below the sector's middle half▼ 68.0%
Debt€50,895▲ 64.4%€60,601▲ 19.1%€73,114▲ 20.6%€49,860▼ 31.8%€28,161▼ 43.5%
Working capital-€41,448below the sector's middle half▼ 54.4%-€52,276within the sector's middle half▼ 26.1%-€46,014within the sector's middle half▲ 12.0%-€33,770within the sector's middle half▲ 26.6%-€23,920within the sector's middle half▲ 29.2%
Solvency-286.5%below the sector's middle half-436.5%below the sector's middle half▼ 150.0pp-149.4%below the sector's middle half▲ 287.1pp-166.8%below the sector's middle half▼ 17.4pp-371.2%below the sector's middle half▼ 204.4pp
Current ratio0.19below the sector's middle half0.14below the sector's middle half▼ 0.050.37below the sector's middle half▲ 0.230.32below the sector's middle half▼ 0.050.15below the sector's middle half▼ 0.17
Return on assets (ROA)-85.1%below the sector's middle half-102.5%below the sector's middle half▼ 17.4pp18.8%above the sector's middle half▲ 121.3pp67.5%above the sector's middle half▲ 48.7pp150.3%above the sector's middle half▲ 82.8pp
Staff (FTE)1.4below the sector's middle half▲ 75.0%0.5below the sector's middle half▼ 64.3%0.5below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 87% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5,977
Fixed assets
€1,736 ▼ 33.3%
Current assets
€4,241 ▼ 73.6%
Equity and liabilities
Equity-€22,184
Debt€28,161
Equity is negative: debt (€28,161) exceeds the balance-sheet total (€5,977).
Key figures and ratios
EBITDA
€11,137▲
2024 · €6,259
Cash flow
€9,850▼
2024 · €13,388
Quick ratio
0.06▼
2024 · 0.27
Interest coverage
8.65▲
2024 · -0.88
Debt ≤ 1 year
€28,161▼
2024 · €49,860
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.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.2% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,632 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €6,697 | €2,000 | €2,000 | - | €2,417 | - |
| Remuneration, social security and pensions62 | €1,870 | €11,739 | €16,029 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €355 | €750 | €751 | €763 | €865 | ▲ 13.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €4,782 | - | - | - | - | - |
| Other operating charges640/8 | - | €1,105 | €8,875 | €1,521 | €1,478 | ▼ 2.8% |
| Gross operating margin9900 | -€3,568 | €2,560 | €31,588 | €7,780 | €12,615 | ▲ 62.1% |
| Operating profit (loss)9901 | -€10,575 | -€11,034 | €5,933 | €5,496 | €10,272 | ▲ 86.9% |
| Financial income75/76B | €21 | €1 | €3 | - | €1 | - |
| Recurring financial income75 | €21 | €1 | €3 | - | €1 | - |
| Financial charges65/66B | €657 | €545 | €425 | -€7,129 | €1,288 | ▲ 118% |
| Recurring financial charges65 | €657 | €545 | €425 | -€7,129 | €1,288 | ▲ 118% |
| Profit (loss) for the period before taxes9903 | -€11,211 | -€11,578 | €5,511 | €12,625 | €8,985 | ▼ 28.8% |
| Profit (loss) for the period9904 | -€11,211 | -€11,578 | €5,511 | €12,625 | €8,985 | ▼ 28.8% |
| Profit (loss) for the period to be appropriated9905 | -€11,211 | -€11,578 | €5,511 | €12,625 | €8,985 | ▼ 28.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,168 | €11,296 | €29,320 | €18,691 | €5,977 | ▼ 68.0% |
| Fixed assets21/28 | €3,721 | €2,971 | €2,220 | €2,601 | €1,736 | ▼ 33.3% |
| Tangible fixed assets22/27 | €3,396 | €2,646 | €1,895 | €2,276 | €1,411 | ▼ 38.0% |
| Land and buildings22 | - | - | - | €1,131 | €1,016 | ▼ 10.2% |
| Plant, machinery and equipment23 | €3,396 | €2,646 | €1,895 | €1,145 | €395 | ▼ 65.5% |
| Financial fixed assets28 | €325 | €325 | €325 | €325 | €325 | = |
| Current assets29/58 | €9,447 | €8,325 | €27,100 | €16,090 | €4,241 | ▼ 73.6% |
| Stocks and contracts in progress3 | €4,218 | €3,700 | €2,148 | €2,573 | €2,615 | ▲ 1.6% |
| Stocks30/36 | €4,218 | €3,700 | €2,148 | €2,573 | €2,615 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €3,847 | €303 | €24,413 | €12,286 | €941 | ▼ 92.3% |
| Trade receivables40 | €1,482 | €303 | €24,413 | €12,286 | €941 | ▼ 92.3% |
| Other amounts receivable41 | €2,365 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1,382 | €4,322 | €539 | €1,231 | €685 | ▼ 44.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,168 | €11,296 | €29,320 | €18,691 | €5,977 | ▼ 68.0% |
| Equity10/15 | -€37,727 | -€49,305 | -€43,794 | -€31,169 | -€22,184 | ▲ 28.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€56,327 | -€67,905 | -€62,394 | -€49,769 | -€40,784 | ▲ 18.1% |
| Amounts payable17/49 | €50,895 | €60,601 | €73,114 | €49,860 | €28,161 | ▼ 43.5% |
| Amounts payable within one year42/48 | €50,895 | €60,601 | €73,114 | €49,860 | €28,161 | ▼ 43.5% |
| Current portion of amounts payable after more than one year42 | €179 | - | €27,643 | €13,822 | - | - |
| Trade debts44 | €2,815 | €1,982 | €3,575 | €686 | €2,043 | ▲ 198% |
| Suppliers440/4 | €2,815 | €1,982 | €3,575 | €686 | €2,043 | ▲ 198% |
| Taxes, remuneration and social security45 | €134 | €4,231 | €2,986 | €427 | €602 | ▲ 41.0% |
| Taxes450/3 | - | €1,039 | €639 | €427 | €602 | ▲ 41.0% |
| Remuneration and social security454/9 | €134 | €3,192 | €2,347 | - | - | - |
| Other amounts payable47/48 | €47,767 | €54,388 | €38,910 | €34,925 | €25,516 | ▼ 26.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,211 | -€11,578 | €5,511 | €12,625 | €8,985 | ▼ 28.8% |
| + Depreciation and write-downs630 | €355 | €750 | €751 | €763 | €865 | ▲ 13.4% |
| Operating cash flow (approximation) | -€10,856 | -€10,828 | €6,262 | €13,388 | €9,850 | ▼ 26.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,144 | €0 | ▲ 100% |
| Change in cash | - | €2,940 | -€3,783 | €692 | -€546 | ▼ 179% |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €12,625 ▲129%
Net result €12,625, the highest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €5,511
Net result €5,511 after 4 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 57 days late
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 93 days late
2020
31-12
Financial
Weakest financial yearnet -€16,041
Net result drops to -€16,041, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 41 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2014
Ground area
639 m²
Building footprint
481 m²
Volume, LiDAR
5,091 m³
2 parcels, Brussels, Flanders · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Getou
since 20142.224.711.529
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23088A0150/00X019 | Flanders | 458 m² | 1 · 402 m² | 16.2 m · 4 fl. |
| 21308H0638/00B004 | Brussels | 181 m² | 1 · 79 m² | 16.4 m · 5 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.
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteVilvoorde2.224.711.529
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,500 companies in this sector we hold annual accounts for 11,468. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded27-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0542503380
Also
9925:BE0542503380
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.