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JMR TECHNICS

Active
Private limited companyfounded 201214 yrs activeHeurstraat 67, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0844.787.945
Summary

JMR TECHNICS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€23,361) and a net result of -€1,278. Equity is growing by ~4.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability9▲+9
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 1.03 in 2023; short-term debt: 98.9% and cash: 3.3% of total assets), and equity is negative.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-192.2%
Return on assets
-10.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
56 d early
2023
54 d early
2022
45 d early
2021
41 d early
2020
2 d late
2019
45 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 28 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% 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 16 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 March 2012, JMR TECHNICS was incorporated.1 Total assets went from EUR 25,764 in 2018 to EUR 12,157 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€107,981
EBIT margin
1.0%
Net result
-€1,278▲ 86.4%
2023 · -€9,417
Working capital
-€741
2023 · €417
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, 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
Line20202021202220232024
Turnover€107,981
Operating result€1,060▼ 85.3%€11,031▲ 940%€2,127▼ 80.7%-€8,273€39
Net result-€0within the sector's middle half€9,975within the sector's middle half€974within the sector's middle half▼ 90.2%-€9,417below the sector's middle half-€1,278below the sector's middle half▲ 86.4%
EBIT margin1.0%
Equity-€23,614below the sector's middle half=-€13,640below the sector's middle half▲ 42.2%-€12,666below the sector's middle half▲ 7.1%-€22,083below the sector's middle half▼ 74.4%-€23,361below the sector's middle half▼ 5.8%
Total assets€14,644below the sector's middle half▼ 39.8%€18,565below the sector's middle half▲ 26.8%€17,110below the sector's middle half▼ 7.8%€13,179below the sector's middle half▼ 23.0%€12,157below the sector's middle half▼ 7.8%
Debt€38,258▼ 20.2%€32,205▼ 15.8%€29,776▼ 7.5%€35,262▲ 18.4%€35,518▲ 0.7%
Working capital-€1,376below the sector's middle half▲ 61.9%€10,440within the sector's middle half€4,400below the sector's middle half▼ 57.9%€417below the sector's middle half▼ 90.5%-€741below the sector's middle half
Solvency-161.3%below the sector's middle half▼ 64.1pp-73.5%below the sector's middle half▲ 87.8pp-74.0%below the sector's middle half▼ 0.6pp-167.6%below the sector's middle half▼ 93.5pp-192.2%below the sector's middle half▼ 24.6pp
Current ratio0.90below the sector's middle half▲ 0.082.45within the sector's middle half▲ 1.551.36within the sector's middle half▼ 1.091.03below the sector's middle half▼ 0.330.94below the sector's middle half▼ 0.09
Return on assets (ROA)0.0%within the sector's middle half▼ 24.1pp53.7%above the sector's middle half▲ 53.7pp5.7%within the sector's middle half▼ 48.0pp-71.5%below the sector's middle half▼ 77.2pp-10.5%below the sector's middle half▲ 60.9pp
above within below the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2020: €1,060€1,060Net result 2020: -€0-€0Operating result 2021: €11,031€11,031Net result 2021: €9,975€9,975Operating result 2022: €2,127€2,127Net result 2022: €974€974Operating result 2023: -€8,273-€8,273Net result 2023: -€9,417-€9,417Operating result 2024: €39€39Net result 2024: -€1,278-€1,27820202021202220232024-€10,000-€5,000€0Operating result 2022: €2,127€2,130Net result 2022: €974€974Operating result 2023: -€8,273-€8,270Net result 2023: -€9,417-€9,420Operating result 2024: €39€39Net result 2024: -€1,278-€1,280202220232024
The operating result returns to profit in 2024: €39 after a loss of €8,273 in 2023.
Balance-sheet composition
Assets €12,157
Fixed assets €880
Current assets €11,277
Key figures and ratios
2024 value · change against 2023
EBITDA
€358▲
2023 · -€7,839
Cash flow
-€959▲
2023 · -€8,983
Debt to equity
-1.52▲
2023 · -1.60
Interest coverage
0.35▲
2023 · -7.12
Debt ≤ 1 year
€12,018▼
2023 · €12,762
Debt > 1 year
€23,500▲
2023 · €22,500
Income taxes
€319▲
2023 · €133
Staff costs
€8,571▲
2023 · €8,311
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 6,906 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€13,179€12,157▼
Fixed assets21/28-€880
Tangible fixed assets22/27-€880
Plant, machinery and equipment23-€880
Current assets29/58€13,179€11,277▼
Amounts receivable within one year40/41€12,778€10,877▼
Trade receivables40€9,389€10,356▲
Other amounts receivable41€3,389€521▼
Cash at bank and in hand54/58€400€400=
Equity and liabilities
Total equity and liabilities10/49€13,179€12,157▼
Equity10/15-€22,083-€23,361▼
Contributions10/11€12,400€12,400=
Profit (loss) carried forward14-€34,483-€35,761▼
Amounts payable17/49€35,262€35,518▲
Amounts payable after more than one year17€22,500€23,500▲
Financial debts170/4€22,500€23,500▲
Amounts payable within one year42/48€12,762€12,018▼
Financial debts43€6,398€6,715▲
Credit institutions430/8€6,398€6,715▲
Trade debts44€5,302€3,196▼
Suppliers440/4€5,302€3,196▼
Taxes, remuneration and social security45€803€513▼
Taxes450/3€803€513▼
Other amounts payable47/48€259€1,593▲
Income statement Code20232024
Remuneration, social security and pensions62€8,311€8,571▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€435€319▼
Other operating charges640/8€827€538▼
Gross operating margin9900€1,300€9,467▲
Operating profit (loss)9901-€8,273€39▲
Financial income75/76B€90€26▼
Recurring financial income75€90€26▼
Financial charges65/66B€1,102€1,024▼
Recurring financial charges65€1,102€1,024▼
Profit (loss) for the period before taxes9903-€9,285-€959▲
Income taxes67/77€133€319▲
Profit (loss) for the period9904-€9,417-€1,278▲
Profit (loss) for the period to be appropriated9905-€9,417-€1,278▲
Appropriation of the result
Profit (loss) to be appropriated9906-€34,483-€35,761▼
Profit (loss) brought forward from the previous period14P-€25,066-€34,483▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€107,981-----
Remuneration, social security and pensions62-€5,478€8,356€8,311€8,571▲ 3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,239€1,841€486€435€319▼ 26.6%
Other operating charges640/8-€997€1,450€827€538▼ 35.0%
Gross operating margin9900€13,008€19,347€12,419€1,300€9,467▲ 628%
Operating profit (loss)9901€1,060€11,031€2,127-€8,273€39▲ 100%
Financial income75/76B-€0-€90€26▼ 71.4%
Recurring financial income75€2€0-€90€26▼ 71.4%
Financial charges65/66B-€760€840€1,102€1,024▼ 7.1%
Recurring financial charges65€778€760€840€1,102€1,024▼ 7.1%
Profit (loss) for the period before taxes9903€285€10,271€1,286-€9,285-€959▲ 89.7%
Income taxes67/77€285€297€312€133€319▲ 140%
Profit (loss) for the period9904-€0€9,975€974-€9,417-€1,278▲ 86.4%
Profit (loss) for the period to be appropriated9905-€0€9,975€974-€9,417-€1,278▲ 86.4%
Line20202021202220232024Change
Assets
Total assets20/58€14,644€18,565€17,110€13,179€12,157▼ 7.8%
Fixed assets21/28€2,762€920€435-€880-
Tangible fixed assets22/27€2,762€920€435-€880-
Land and buildings22-€920€435---
Plant, machinery and equipment23----€880-
Current assets29/58€11,882€17,645€16,675€13,179€11,277▼ 14.4%
Amounts receivable within one year40/41€10,113€16,838€16,231€12,778€10,877▼ 14.9%
Trade receivables40-€14,327€13,993€9,389€10,356▲ 10.3%
Other amounts receivable41-€2,511€2,238€3,389€521▼ 84.6%
Cash at bank and in hand54/58€500€400€400€400€400=
Deferred charges and accrued income490/1-€406€44---
Equity and liabilities
Total equity and liabilities10/49€14,644€18,565€17,110€13,179€12,157▼ 7.8%
Equity10/15-€23,614-€13,640-€12,666-€22,083-€23,361▼ 5.8%
Contributions10/11-€12,400€12,400€12,400€12,400=
Profit (loss) carried forward14-€36,014-€26,040-€25,066-€34,483-€35,761▼ 3.7%
Amounts payable17/49€38,258€32,205€29,776€35,262€35,518▲ 0.7%
Amounts payable after more than one year17€25,000€25,000€17,500€22,500€23,500▲ 4.4%
Financial debts170/4-€25,000€17,500€22,500€23,500▲ 4.4%
Amounts payable within one year42/48€13,258€7,205€12,276€12,762€12,018▼ 5.8%
Financial debts43-€2,503€4,059€6,398€6,715▲ 5.0%
Credit institutions430/8-€2,503€4,059€6,398€6,715▲ 5.0%
Trade debts44€5,094€2,345€6,574€5,302€3,196▼ 39.7%
Suppliers440/4-€2,345€6,574€5,302€3,196▼ 39.7%
Taxes, remuneration and social security45-€582€642€803€513▼ 36.1%
Taxes450/3-€582€642€803€513▼ 36.1%
Other amounts payable47/48-€1,775€1,000€259€1,593▲ 515%
Line20202021202220232024Change
Profit (loss) for the period9904-€0€9,975€974-€9,417-€1,278▲ 86.4%
+ Depreciation and write-downs630€7,239€1,841€486€435€319▼ 26.6%
Operating cash flow (approximation)€7,239€11,816€1,460-€8,983-€959▲ 89.3%
Investment in fixed assets (approximation)-€0€0---
Change in cash--€100€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €9,975
Net result €9,975 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.45
Current ratio from 0.90 to 2.45; short-term debt falls from €13,258 to €7,205.
02-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
14-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial Back to profitnet €5,854
Net result €5,854 after one loss-making year.
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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.

Directors · office · real estate

Directors
3 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, Tongeren-Borgloon · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
1,280 m²
Building footprint
151 m²
Volume, LiDAR
1,038 m³
Parcel 73011B0018/00D000, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Heurstraat 67, 3700 Tongeren-Borgloon
Manufacture of electrical equipment
since 20122.212.342.049
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73011B0018/00D000 Flanders 1,280 m² 1 · 151 m² 10.4 m · 3 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.

Similar companies · same sector and region

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 268 companies in sector 28220 we hold annual accounts for 233. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
28220Manufacture of machinery and equipment not elsewhere classified
43120Site preparation
43130Specialised construction activities
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0844787945
Also 9925:BE0844787945
Registered 25-09-2025

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.