JMK
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 04-12-2024 was due by 04-07-2025 and was filed on 17-12-2024, 199 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2024
199 d early
2023
48 d early
2022
109 d early
2021
17 d early
2020
45 d early
2019
21 d early
2018
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 65 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€18,600▼ 1.5%
2023 · €18,888
Total assets
€19,320▼ 86.5%
2023 · €142,782
Net result
€432▼ 100.0%
2023 · €1.3m
Working capital
€18,600▼ 30.9%
2023 · €26,921
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€611,392▲ 168%€393,700▼ 35.6%€454,399▲ 15.4%€1.7m▲ 274%-€1,581
Net result€591,063▲ 185%€378,721▼ 35.9%€441,046▲ 16.5%€1.3m▲ 192%€432▼ 100.0%
Equity€46,303▲ 1.1%€46,464▲ 0.3%€47,943▲ 3.2%€18,888▼ 60.6%€18,600▼ 1.5%
Total assets€1.2m▼ 13.4%€1.0m▼ 16.7%€922,569▼ 10.4%€142,782▼ 84.5%€19,320▼ 86.5%
Debt€1.2m▼ 13.8%€983,151▼ 17.4%€874,626▼ 11.0%€123,894▼ 85.8%€720▼ 99.4%
Working capital-€761,429▲ 8.5%-€756,294▲ 0.7%-€741,415▲ 2.0%€26,921€18,600▼ 30.9%
Staff (FTE)9.8▲ 55.6%9.8=8.6▼ 12.2%4.1▼ 52.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result -100% on 2023. This fiscal year ran 11 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1,581 after €1.7m in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €19,320
Equity
€18,600 ▼ 1.5%
Debt
€720 ▼ 99.4%
Debt's share of the balance-sheet total falls from 86.8% to 3.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
26.84▲
2023 · 1.23
Debt to equity
0.04▼
2023 · 6.56
ROE
2.3%
ROA
2.2%▼
2023 · 901.7%
Debt ≤ 1 year
€720▼
2023 · €115,860
Income taxes
€362▼
2023 · €428,072
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1.0m | - | - |
| Remuneration, social security and pensions62 | - | €414,698 | €383,557 | €224,121 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €160,129 | €162,330 | €159,827 | - | - | - |
| Other operating charges640/8 | - | €3,326 | €5,890 | €8,191 | €1,639 | ▼ 80.0% |
| Non-recurring operating charges66A | - | - | - | €200,175 | - | - |
| Gross operating margin9900 | €1.1m | €974,054 | €1.0m | €2.1m | €58 | ▼ 100.0% |
| Operating profit (loss)9901 | €611,392 | €393,700 | €454,399 | €1.7m | -€1,581 | ▼ 100% |
| Financial income75/76B | - | €0 | €451 | €16,946 | €2,614 | ▼ 84.6% |
| Recurring financial income75 | €0 | €0 | €451 | €16,946 | €2,614 | ▼ 84.6% |
| Financial charges65/66B | - | €4,377 | €2,808 | €1,057 | €240 | ▼ 77.3% |
| Recurring financial charges65 | €7,649 | €4,377 | €2,808 | €1,057 | €240 | ▼ 77.3% |
| Profit (loss) for the period before taxes9903 | €603,743 | €389,323 | €452,042 | €1.7m | €794 | ▼ 100.0% |
| Income taxes67/77 | €12,680 | €10,602 | €10,996 | €428,072 | €362 | ▼ 99.9% |
| Profit (loss) for the period9904 | €591,063 | €378,721 | €441,046 | €1.3m | €432 | ▼ 100.0% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €288 | - |
| Profit (loss) for the period to be appropriated9905 | €591,063 | €378,721 | €441,046 | €1.3m | €720 | ▼ 99.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.0m | €922,569 | €142,782 | €19,320 | ▼ 86.5% |
| Fixed assets21/28 | €1.1m | €975,303 | €815,476 | - | - | - |
| Intangible fixed assets21 | €1.1m | €959,267 | €806,389 | - | - | - |
| Tangible fixed assets22/27 | €17,772 | €16,036 | €9,087 | - | - | - |
| Plant, machinery and equipment23 | - | €1,224 | €651 | - | - | - |
| Furniture and vehicles24 | - | €14,812 | €8,437 | - | - | - |
| Current assets29/58 | €106,649 | €54,313 | €107,093 | €142,782 | €19,320 | ▼ 86.5% |
| Amounts receivable within one year40/41 | €82 | €119 | - | - | €422 | - |
| Other amounts receivable41 | - | €119 | - | - | €422 | - |
| Current investments50/53 | - | - | - | €56,000 | - | - |
| Cash at bank and in hand54/58 | €103,703 | €50,008 | €102,878 | €1,748 | €18,897 | ▲ 981% |
| Deferred charges and accrued income490/1 | - | €4,186 | €4,215 | €85,034 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.0m | €922,569 | €142,782 | €19,320 | ▼ 86.5% |
| Equity10/15 | €46,303 | €46,464 | €47,943 | €18,888 | €18,600 | ▼ 1.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €27,703 | €27,864 | €29,343 | €288 | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €288 | €288 | €288 | - | - |
| Distributable reserves133 | - | €25,716 | €27,195 | - | - | - |
| Amounts payable17/49 | €1.2m | €983,151 | €874,626 | €123,894 | €720 | ▼ 99.4% |
| Amounts payable after more than one year17 | €317,453 | €172,545 | €26,118 | - | - | - |
| Financial debts170/4 | - | €172,545 | €26,118 | - | - | - |
| Amounts payable within one year42/48 | €868,079 | €810,606 | €848,508 | €115,860 | €720 | ▼ 99.4% |
| Current portion of amounts payable after more than one year42 | - | €144,908 | €146,426 | - | - | - |
| Trade debts44 | €86,939 | €87,888 | €25,970 | €1,316 | - | - |
| Suppliers440/4 | - | €87,888 | €25,970 | €1,316 | - | - |
| Taxes, remuneration and social security45 | - | €49,250 | €66,102 | €23,054 | - | - |
| Taxes450/3 | - | €602 | €860 | €23,054 | - | - |
| Remuneration and social security454/9 | - | €48,648 | €65,242 | - | - | - |
| Other amounts payable47/48 | - | €528,560 | €610,009 | €91,491 | €720 | ▼ 99.2% |
| Accrued charges and deferred income492/3 | - | - | - | €8,033 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €591,063 | €378,721 | €441,046 | €1.3m | €432 | ▼ 100.0% |
| + Depreciation and write-downs630 | €160,129 | €162,330 | €159,827 | - | - | - |
| Operating cash flow (approximation) | €751,192 | €541,051 | €600,873 | €1.3m | €432 | ▼ 100.0% |
| Investment in fixed assets (approximation) | - | -€7,716 | €0 | - | - | - |
| Change in cash | - | -€53,695 | €52,871 | -€101,130 | €17,149 | ▲ 117% |
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
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
04-12
Financial
Weakest financial yearnet €432 ▼100%
Net result drops to €432, the lowest in the series.
04-12
Financial
Liquidity times 22current ratio 26.84
Current ratio from 1.23 to 26.84; short-term debt falls from €115,860 to €720.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.3m ▲192%
Operating result €1.7m, net result €1.3m, both a record.
31-12
Financial
Liquidity times 10current ratio 1.23
Current ratio from 0.13 to 1.23; short-term debt falls from €848,508 to €115,860.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
1 ownerOwners 1
- Sourceaccounts JO MAES 202334%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 6,753 EUR awarded · 6,753 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,663 EUR | 2,663 EUR |
| 2023 | 2 | 554 EUR | 554 EUR |
| 2022 | 2 | 3,536 EUR | 3,536 EUR |