JMJ Construction
ActiveSummary
JMJ Construction has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,461 and a net result of €13,154. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
What they do
Manufacture of other builders' carpentry and joinery
NACE 16230
1 site
How big
€32,310total assets 2025
- Staff
- 1 FTE
- Equity
- €9,461
- Profit
- €13,154
Who decides
Accounts filed 59 d late0 of 7 deeds read
Why 74- Higher-failure-rate region- Higher-failure-rate sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency54▲+37
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 0.95 in 2024; short-term debt: 70.7% and cash: 41% of total assets), and 70.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 16
Relative position
BE, all sectors
reference
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
about 8% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
29.3%
Return on assets
40.7%
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 28-09-2026, 59 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 · 9 filingsDeviation from the deadline
2025
59 d late
2024
7 d late
2023
30 d late
2022
6 d early
2021
18 d late
2020
30 d late
2019
21 d late
← 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 23 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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 18 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · full…
- Back to profitnet €17,153
Financials
Fiscal year 2025Total assets €32,310Profit €13,154Solvency 29.3%Liquidity 1.41
Total assets
€32,310▼ 33.6%
2018 - 2025
Net result
€13,154▼ 23.3%
2018 - 2025
Equity
€9,461
2018 - 2025
Staff (FTE)
1=
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
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 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, 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€2,480▲ 1,721%-€7,053-€13,853▼ 96.4%€18,883€15,580▼ 17.5%
Net result€1,803below the sector's middle half▲ 67.3%-€7,348below the sector's middle half-€14,147below the sector's middle half▼ 92.5%€17,153within the sector's middle half€13,154within the sector's middle half▼ 23.3%
Equity€650below the sector's middle half-€6,698below the sector's middle half-€20,845below the sector's middle half▼ 211%-€3,692below the sector's middle half▲ 82.3%€9,461below the sector's middle half
Total assets€20,693below the sector's middle half▼ 22.9%€25,707below the sector's middle half▲ 24.2%€38,991below the sector's middle half▲ 51.7%€48,643below the sector's middle half▲ 24.8%€32,310below the sector's middle half▼ 33.6%
Debt€20,044▼ 28.4%€32,406▲ 61.7%€59,836▲ 84.6%€52,335▼ 12.5%€22,849▼ 56.3%
Working capital€495below the sector's middle half-€6,795below the sector's middle half-€21,120below the sector's middle half▼ 211%-€2,544below the sector's middle half▲ 88.0%€9,361below the sector's middle half
Solvency3.1%below the sector's middle half▲ 7.4pp-26.1%below the sector's middle half▼ 29.2pp-53.5%below the sector's middle half▼ 27.4pp-7.6%below the sector's middle half▲ 45.9pp29.3%within the sector's middle half▲ 36.9pp
Current ratio1.02below the sector's middle half▲ 0.060.79below the sector's middle half▼ 0.240.65below the sector's middle half▼ 0.140.95below the sector's middle half▲ 0.301.41within the sector's middle half▲ 0.46
Return on assets (ROA)8.7%within the sector's middle half▲ 4.7pp-28.6%below the sector's middle half▼ 37.3pp-36.3%below the sector's middle half▼ 7.7pp35.3%above the sector's middle half▲ 71.5pp40.7%above the sector's middle half▲ 5.4pp
Staff (FTE)1below the sector's middle half▲ 25.0%1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,310
Fixed assets
€100 ▼ 63.6%
Current assets
€32,210 ▼ 33.4%
Equity and liabilities €32,310
Equity
€9,461
Debt
€22,849
Debt finances 70.7% of the balance-sheet total.
Key figures and ratios
Key figures and ratios
Debt to equity
2.41
ROE
139.0%
Debt ≤ 1 year
€22,849▼
2024 · €50,912
Income taxes
€1,820
Staff costs
€4,801▼
2024 · €37,920
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
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 5,053 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €36,919 | €30,842 | €37,703 | €37,920 | €4,801 | ▼ 87.3% |
| Other operating charges640/8 | €1,306 | €11,103 | €917 | €2,287 | €721 | ▼ 68.5% |
| Gross operating margin9900 | €40,705 | €34,892 | €24,768 | €59,091 | €21,101 | ▼ 64.3% |
| Operating profit (loss)9901 | €2,480 | -€7,053 | -€13,853 | €18,883 | €15,580 | ▼ 17.5% |
| Financial income75/76B | - | - | - | €324 | €194 | ▼ 40.3% |
| Recurring financial income75 | - | - | - | €324 | €194 | ▼ 40.3% |
| Financial charges65/66B | €677 | €295 | €294 | €2,055 | €800 | ▼ 61.1% |
| Recurring financial charges65 | €677 | €295 | €294 | €2,055 | €800 | ▼ 61.1% |
| Profit (loss) for the period before taxes9903 | €1,803 | -€7,348 | -€14,147 | €17,153 | €14,974 | ▼ 12.7% |
| Income taxes67/77 | - | - | - | - | €1,820 | - |
| Profit (loss) for the period9904 | €1,803 | -€7,348 | -€14,147 | €17,153 | €13,154 | ▼ 23.3% |
| Profit (loss) for the period to be appropriated9905 | €1,803 | -€7,348 | -€14,147 | €17,153 | €13,154 | ▼ 23.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20,693 | €25,707 | €38,991 | €48,643 | €32,310 | ▼ 33.6% |
| Fixed assets21/28 | €275 | €275 | €275 | €275 | €100 | ▼ 63.6% |
| Financial fixed assets28 | €275 | €275 | €275 | €275 | €100 | ▼ 63.6% |
| Current assets29/58 | €20,418 | €25,432 | €38,716 | €48,368 | €32,210 | ▼ 33.4% |
| Amounts receivable within one year40/41 | €16,787 | €23,550 | €36,422 | €47,803 | €18,536 | ▼ 61.2% |
| Trade receivables40 | €8,512 | €23,129 | €26,960 | €40,671 | €7,826 | ▼ 80.8% |
| Other amounts receivable41 | €8,275 | €421 | €9,462 | €7,132 | €10,710 | ▲ 50.2% |
| Cash at bank and in hand54/58 | €2,508 | €1,221 | €1,684 | €540 | €13,242 | ▲ 2,351% |
| Deferred charges and accrued income490/1 | €1,124 | €662 | €611 | €25 | €433 | ▲ 1,645% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20,693 | €25,707 | €38,991 | €48,643 | €32,310 | ▼ 33.6% |
| Equity10/15 | €650 | -€6,698 | -€20,845 | -€3,692 | €9,461 | ▲ 356% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€17,950 | -€25,298 | -€39,445 | -€22,292 | -€9,139 | ▲ 59.0% |
| Amounts payable17/49 | €20,044 | €32,406 | €59,836 | €52,335 | €22,849 | ▼ 56.3% |
| Amounts payable within one year42/48 | €19,923 | €32,227 | €59,836 | €50,912 | €22,849 | ▼ 55.1% |
| Financial debts43 | - | - | - | €996 | - | - |
| Credit institutions430/8 | - | - | - | €996 | - | - |
| Trade debts44 | €3,186 | €1,218 | €3,918 | €20,118 | €6,435 | ▼ 68.0% |
| Suppliers440/4 | €3,186 | €1,218 | €3,918 | €20,118 | €6,435 | ▼ 68.0% |
| Taxes, remuneration and social security45 | €11,227 | €16,529 | €48,882 | €11,979 | €6,320 | ▼ 47.2% |
| Taxes450/3 | €1,138 | €3,372 | €23,989 | - | €1,820 | - |
| Remuneration and social security454/9 | €10,090 | €13,157 | €24,893 | €11,979 | €4,500 | ▼ 62.4% |
| Other amounts payable47/48 | €5,509 | €14,480 | €7,036 | €17,818 | €10,094 | ▼ 43.4% |
| Accrued charges and deferred income492/3 | €120 | €179 | - | €1,423 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,803 | -€7,348 | -€14,147 | €17,153 | €13,154 | ▼ 23.3% |
| Operating cash flow (approximation) | €1,803 | -€7,348 | -€14,147 | €17,153 | €13,154 | ▼ 23.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €175 | - |
| Change in cash | - | -€1,287 | €463 | -€1,143 | €12,701 | ▲ 1,211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
ISA GROUPE
BE 0667.836.486
Etterbeek · Eq €9,436
Woodbridge
BE 0839.665.949
Sint-Laureins · Eq €9,324
De Roose
BE 0726.983.029
Lievegem · Eq €9,638
ANDRE LAMBRECHTS
BE 0823.417.360
Glabbeek · Eq €9,736
TABLOT
BE 1005.906.925
Poperinge · Eq €9,769
Of 1,599 companies in this sector we hold annual accounts for 785. 319 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 28-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 59 days late
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 7 days late
2024
31-12
Financial
Back to profitnet €17,153
Net result €17,153 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€14,147
Net result drops to -€14,147, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
31-12
Financial
Back to profitnet €200
Net result €200 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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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Company details
Private limited company (pre-2019) · founded 21-09-2016Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded21-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
43350Other building finishing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0662817232
Also
9925:BE0662817232
Registered
02-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2016
Ground area
135 m²
Building footprint
78 m²
Volume, LiDAR
1,086 m³
Parcel 21007A0017/00C003, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
JMJ Construction
since 2016unit no. 2.257.634.616
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0017/00C003 | Brussels | 134 m² | 1 · 78 m² | 17.5 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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