JPMA
ActiveSummary
JPMA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,731 and a net result of €7,101. Its solvency ranks better than 13% of 10,732 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Staff
- 2 FTE
- Equity
- €20,731
- Profit
- €7,101
- Holdings
- 1
- BUREAU BEAMDirector · permanent representative MEUNIER Armand
- Ma Ressource SantéDirector · permanent representative PIGNON Julien
Why 68raises riskLatest accounts 61 days late; 2 of the last 3 lateLiquidity: current ratio 0.90, cash €2,862, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €295,815Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 15% on solvency, 6% on liquidity, 21% on profitability and 81% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 59 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €7,101
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00549824.
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €15,106 after a loss of €4,188 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.0% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,473 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 74.5% 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 2,135 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €152,554 | - |
| Gross operating margin9900 | -€4,188 | €167,660 | - |
| Operating profit (loss)9901 | -€4,188 | €15,106 | - |
| Financial charges65/66B | €2,183 | €6,916 | ▲ 217% |
| Recurring financial charges65 | €2,183 | €6,916 | ▲ 217% |
| Profit (loss) for the period before taxes9903 | -€6,371 | €8,191 | - |
| Income taxes67/77 | - | €1,089 | - |
| Profit (loss) for the period9904 | -€6,371 | €7,101 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,371 | €7,101 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €299,013 | €295,815 | ▼ 1.1% |
| Fixed assets21/28 | €180,000 | €113,318 | ▼ 37.0% |
| Financial fixed assets28 | €180,000 | €113,318 | ▼ 37.0% |
| Current assets29/58 | €119,013 | €182,497 | ▲ 53.3% |
| Amounts receivable within one year40/41 | €106,768 | €171,987 | ▲ 61.1% |
| Trade receivables40 | €21,529 | €162,000 | ▲ 652% |
| Other amounts receivable41 | €85,239 | €9,987 | ▼ 88.3% |
| Cash at bank and in hand54/58 | €12,245 | €2,862 | ▼ 76.6% |
| Deferred charges and accrued income490/1 | - | €7,649 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €299,013 | €295,815 | ▼ 1.1% |
| Equity10/15 | €13,629 | €20,731 | ▲ 52.1% |
| Contributions10/11 | €20,000 | €20,000 | = |
| Capital10 | €20,000 | €20,000 | = |
| Issued capital100 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€6,371 | €731 | - |
| Amounts payable17/49 | €285,383 | €275,085 | ▼ 3.6% |
| Amounts payable after more than one year17 | €84,254 | €69,496 | ▼ 17.5% |
| Financial debts170/4 | €84,254 | €69,496 | ▼ 17.5% |
| Amounts payable within one year42/48 | €201,129 | €202,432 | ▲ 0.6% |
| Current portion of amounts payable after more than one year42 | €12,910 | €14,757 | ▲ 14.3% |
| Trade debts44 | - | €21,223 | - |
| Suppliers440/4 | - | €21,223 | - |
| Taxes, remuneration and social security45 | €192 | €37,820 | ▲ 19,567% |
| Taxes450/3 | €192 | €7,312 | ▲ 3,702% |
| Remuneration and social security454/9 | - | €30,508 | - |
| Other amounts payable47/48 | €188,027 | €128,632 | ▼ 31.6% |
| Accrued charges and deferred income492/3 | - | €3,156 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€6,371 | €7,101 | - |
| Operating cash flow (approximation) | -€6,371 | €7,101 | - |
| Investment in fixed assets (approximation) | - | €66,682 | - |
| Change in cash | - | -€9,383 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00549824 |
| 31-12-2024 | abbreviated format | 25-09-2025 | 2025-00502121 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 2
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BUREAU BEAM |
|
| Ma Ressource Santé |
|
Owners and capital
Capital and shareholders
- PIGNON Julien 50 shares (50%) · €10,000
- MEUNIER Armand 50 shares (50%) · €10,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-06-2024 Incorporation · €20,000 · 100 shares
Group and network
Holdings and subsidiaries
1 holding · 2 subsidiaries in the treeHoldings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
WUIAME 100%1 subsidiary
- PHARMACIE WUIAME 100%
According to the 2025 annual accounts of JPMA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 connected companiesBoard mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
28-06
Gazette deed
IncorporationAppointments: MA RESSOURCE SANTE (director) and BUREAU BEAM (director) · Permanent representatives: PIGNON Julien and MEUNIER Armand · Capital15 facts ▸
- Capital
- Registered office clause, “1340 Ottignies, Rue des Fusillés 5” (deed in French)
- Director appointment, MA RESSOURCE SANTE (director (not named in the articles))
- Director appointment, BUREAU BEAM (director (not named in the articles))
- Permanent representative, PIGNON Julien
- Permanent representative, MEUNIER Armand
- Pre-incorporation commitments, “takeover, un comparant au nom et pour compte de la société en formation” (deed in French)
- Incorporation, “JPMA” (deed in French)
- Founder, PIGNON Julien
- Founder, MEUNIER Armand
- Founding capital, €20,000
- Bank account, “compte spécial”, 5000 (deed in French)
- +3 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25083D0237/00H006 | Wallonia | 438 m² | 1 · 107 m² | 11.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- JPMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration peut établir sièges administratifs, agences, ateliers, dépôts, succursales en Belgique et à…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d’administration” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Dispositions de la convention d’actionnaires” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, organe qui procède à l’émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “En cas de dissolution pour quelque cause et à quelque moment que ce soit, faculté de désigner un ou plusieurs liquidateurs et déterminer…” (deed in French)