JML ELECTRO
ActiveSummary
JML ELECTRO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252,866 and a net result of €1,493. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 1536 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-7
Solvency78▼-22
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 4.14 against 5.6 in 2024; short-term debt: 8.6% and cash: 26.8% of total assets), and 46.9% of the assets are financed with debt.
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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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← 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
53.1%
Return on assets
0.3%
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 28-08-2026, 28 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
28 d late
2024
27 d late
2023
on the day
2022
11 d late
2021
19 d late
2020
23 d late
2019
59 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 24 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 19 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 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
€1,493▼ 91.8%
2024 · €18,123
Working capital
€128,764▼ 25.7%
2024 · €173,299
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€47,126▼ 18.2%€46,280▼ 1.8%€23,876▼ 48.4%€24,858▲ 4.1%€4,094▼ 83.5%
Net result€33,698within the sector's middle half▼ 24.9%€31,841within the sector's middle half▼ 5.5%€16,243within the sector's middle half▼ 49.0%€18,123within the sector's middle half▲ 11.6%€1,493within the sector's middle half▼ 91.8%
Equity€224,167within the sector's middle half▲ 17.7%€241,007within the sector's middle half▲ 7.5%€247,250within the sector's middle half▲ 2.6%€255,373above the sector's middle half▲ 3.3%€252,866above the sector's middle half▼ 1.0%
Total assets€309,552below the sector's middle half▲ 9.6%€327,761below the sector's middle half▲ 5.9%€306,370below the sector's middle half▼ 6.5%€293,022within the sector's middle half▼ 4.4%€476,199within the sector's middle half▲ 62.5%
Debt€81,386▼ 7.6%€82,754▲ 1.7%€55,120▼ 33.4%€37,649▼ 31.7%€223,333▲ 493%
Working capital€148,824within the sector's middle half▲ 34.9%€166,137within the sector's middle half▲ 11.6%€169,588within the sector's middle half▲ 2.1%€173,299above the sector's middle half▲ 2.2%€128,764above the sector's middle half▼ 25.7%
Solvency72.4%above the sector's middle half▲ 5.0pp73.5%above the sector's middle half▲ 1.1pp80.7%above the sector's middle half▲ 7.2pp87.2%above the sector's middle half▲ 6.4pp53.1%within the sector's middle half▼ 34.1pp
Current ratio3.17above the sector's middle half▲ 0.703.22above the sector's middle half▲ 0.064.08above the sector's middle half▲ 0.855.60above the sector's middle half▲ 1.534.14above the sector's middle half▼ 1.46
Return on assets (ROA)10.9%above the sector's middle half▼ 5.0pp9.7%above the sector's middle half▼ 1.2pp5.3%within the sector's middle half▼ 4.4pp6.2%within the sector's middle half▲ 0.9pp0.3%within the sector's middle half▼ 5.9pp
Staff (FTE)0.9below the sector's middle half▲ 12.5%1below the sector's middle half▲ 11.1%1.5below the sector's middle half▲ 50.0%1
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €476,199
Fixed assets
€306,409 ▲ 273%
Current assets
€169,790 ▼ 19.5%
Equity and liabilities €476,199
Equity
€252,866 ▼ 1.0%
Debt
€223,333 ▲ 493%
Debt's share of the balance-sheet total rises from 12.8% to 46.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35,616▲
2024 · €25,703
Cash flow
€33,015▲
2024 · €18,967
Quick ratio
3.29▼
2024 · 4.67
Debt to equity
0.88▲
2024 · 0.15
ROE
0.6%▼
2024 · 7.1%
Interest coverage
16.51▼
2024 · 33.62
Debt ≤ 1 year
€41,026▲
2024 · €37,649
Debt > 1 year
€182,307
Income taxes
€1,075▼
2024 · €6,716
Staff costs
€47,732▼
2024 · €52,726
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,338 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% | 1.9% |
| 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 10,905 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €40,782 | €37,174 | €47,517 | €52,726 | €47,732 | ▼ 9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,718 | €5,976 | €5,681 | €844 | €31,523 | ▲ 3,635% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€781 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€4,000 | - | - |
| Other operating charges640/8 | €513 | €553 | €733 | €698 | €737 | ▲ 5.5% |
| Gross operating margin9900 | €93,357 | €89,984 | €77,808 | €75,127 | €84,085 | ▲ 11.9% |
| Operating profit (loss)9901 | €47,126 | €46,280 | €23,876 | €24,858 | €4,094 | ▼ 83.5% |
| Financial income75/76B | €28 | €0 | €214 | €745 | €631 | ▼ 15.3% |
| Recurring financial income75 | €28 | €0 | €214 | €745 | €631 | ▼ 15.3% |
| Financial charges65/66B | €1,165 | €1,180 | €776 | €765 | €2,157 | ▲ 182% |
| Recurring financial charges65 | €1,165 | €1,180 | €776 | €765 | €2,157 | ▲ 182% |
| Profit (loss) for the period before taxes9903 | €45,989 | €45,100 | €23,314 | €24,839 | €2,568 | ▼ 89.7% |
| Income taxes67/77 | €12,291 | €13,260 | €7,071 | €6,716 | €1,075 | ▼ 84.0% |
| Profit (loss) for the period9904 | €33,698 | €31,841 | €16,243 | €18,123 | €1,493 | ▼ 91.8% |
| Profit (loss) for the period to be appropriated9905 | €33,698 | €31,841 | €16,243 | €18,123 | €1,493 | ▼ 91.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €309,552 | €327,761 | €306,370 | €293,022 | €476,199 | ▲ 62.5% |
| Fixed assets21/28 | €92,060 | €86,865 | €81,662 | €82,075 | €306,409 | ▲ 273% |
| Tangible fixed assets22/27 | €12,010 | €6,815 | €1,612 | €2,025 | €226,359 | ▲ 11,081% |
| Land and buildings22 | - | - | - | - | €189,602 | - |
| Furniture and vehicles24 | €12,010 | €6,815 | €1,612 | €2,025 | €36,757 | ▲ 1,716% |
| Financial fixed assets28 | €80,050 | €80,050 | €80,050 | €80,050 | €80,050 | = |
| Current assets29/58 | €217,492 | €240,896 | €224,708 | €210,947 | €169,790 | ▼ 19.5% |
| Stocks and contracts in progress3 | €34,823 | €30,201 | €29,639 | €34,996 | €34,747 | ▼ 0.7% |
| Stocks30/36 | €34,823 | €30,201 | €29,639 | €34,996 | €34,747 | ▼ 0.7% |
| Amounts receivable within one year40/41 | €1,827 | €8,475 | €11,226 | €7,059 | €4,958 | ▼ 29.8% |
| Trade receivables40 | €1,615 | €8,257 | €9,157 | €4,554 | €472 | ▼ 89.6% |
| Other amounts receivable41 | €212 | €217 | €2,069 | €2,505 | €4,486 | ▲ 79.1% |
| Current investments50/53 | - | - | €50,000 | €50,000 | - | - |
| Cash at bank and in hand54/58 | €179,599 | €201,009 | €132,540 | €116,653 | €127,508 | ▲ 9.3% |
| Deferred charges and accrued income490/1 | €1,244 | €1,212 | €1,303 | €2,240 | €2,577 | ▲ 15.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €309,552 | €327,761 | €306,370 | €293,022 | €476,199 | ▲ 62.5% |
| Equity10/15 | €224,167 | €241,007 | €247,250 | €255,373 | €252,866 | ▼ 1.0% |
| Contributions10/11 | €12,700 | €12,700 | €12,700 | €12,700 | €12,700 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €209,607 | €226,447 | €232,690 | €240,813 | €238,306 | ▼ 1.0% |
| Provisions and deferred taxes16 | €4,000 | €4,000 | €4,000 | - | - | - |
| Provisions for liabilities and charges160/5 | €4,000 | €4,000 | €4,000 | - | - | - |
| Major repairs and maintenance162 | €4,000 | €4,000 | €4,000 | - | - | - |
| Amounts payable17/49 | €81,386 | €82,754 | €55,120 | €37,649 | €223,333 | ▲ 493% |
| Amounts payable after more than one year17 | €12,717 | €7,995 | - | - | €182,307 | - |
| Financial debts170/4 | €12,717 | €7,995 | - | - | €182,307 | - |
| Amounts payable within one year42/48 | €68,669 | €74,759 | €55,120 | €37,649 | €41,026 | ▲ 9.0% |
| Current portion of amounts payable after more than one year42 | €386 | - | €3,216 | - | €8,736 | - |
| Trade debts44 | €39,370 | €34,529 | €25,869 | €11,116 | €13,012 | ▲ 17.1% |
| Suppliers440/4 | €39,370 | €34,529 | €25,869 | €11,116 | €13,012 | ▲ 17.1% |
| Taxes, remuneration and social security45 | €12,293 | €15,295 | €15,597 | €16,205 | €15,251 | ▼ 5.9% |
| Taxes450/3 | €10,874 | €13,729 | €8,667 | €7,271 | €6,203 | ▼ 14.7% |
| Remuneration and social security454/9 | €1,419 | €1,566 | €6,930 | €8,934 | €9,048 | ▲ 1.3% |
| Other amounts payable47/48 | €16,620 | €24,936 | €10,438 | €10,328 | €4,028 | ▼ 61.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,698 | €31,841 | €16,243 | €18,123 | €1,493 | ▼ 91.8% |
| + Depreciation and write-downs630 | €5,718 | €5,976 | €5,681 | €844 | €31,523 | ▲ 3,635% |
| Operating cash flow (approximation) | €39,415 | €37,817 | €21,924 | €18,967 | €33,015 | ▲ 74.1% |
| Investment in fixed assets (approximation) | - | -€780 | -€479 | -€1,257 | -€255,857 | ▼ 20,256% |
| Change in cash | - | €21,410 | -€68,470 | -€15,887 | €10,856 | ▲ 168% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €1,493 ▼91.8%
Net result drops to €1,493, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 11 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
31-12
Financial
Equity above €200,000Eq €224,167 ▲17.7%
4 profitable years in a row build equity to €224,167.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €44,871 ▲20.8%
Operating result €57,640, net result €44,871, both a record.
31-12
Financial
Equity above €150,000Eq €190,469 ▲30.8%
3 profitable years in a row build equity to €190,469.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Waterloo · 2 establishment units since 2008
Ground area
1,675 m²
Building footprint
247 m²
Volume, LiDAR
1,660 m³
2 parcels, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
JML Electro
since 20082.173.906.491
JML Electro
since 20202.314.187.495
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0226/00B000 | Wallonia | 880 m² | 1 · 128 m² | 10.2 m · 3 fl. |
| 25764O0180/00F006 | Wallonia | 795 m² | 1 · 119 m² | 7.5 m · 2 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.
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Of 421 companies in sector 77400 we hold annual accounts for 152. 100 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
77400Rental and leasing activities
Contact
E-mail
1410@kitencre.beWaterloo
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899827824
Also
9925:BE0899827824
Registered
22-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.