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JPMF

Active
Private limited companyfounded 200620 yrs activeVerrewinkelstraat 93, 1180 Ukkel, BelgiumKBO/BCE: BE 0880.473.057
Summary

The computed 12-month bankruptcy probability of JPMF is 1.7% (moderate). The 2024 annual accounts show equity of €167,373 and a net result of €1,878. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability40▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 10.77 against 23.67 in 2023; short-term debt: 2.5% and cash: 27.2% of total assets), and 2.5% 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 20 years 0 30 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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 d early
2024
65 d early
2023
70 d early
2022
49 d early
2021
52 d early
2020
58 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 54 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 (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 9 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 4 April 2006, JPMF was incorporated.1 In 2011 the registered office moved to Bruxelles.2 In 2011 the capital was increased by EUR 130,600.3 VICTORIA COMPANY has served as non-statutory director of the company since 2023.4 Total assets went from EUR 163,987 in 2018 to EUR 171,710 in 2024.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-12-2011
  3. 3Belgian State Gazette, 28-04-2011
  4. 4Belgian State Gazette, 08-05-2023
  5. 5National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,878▲ 138%
2023 · €790
Working capital
€42,371▲ 4.6%
2023 · €40,493
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€2,653▲ 421%€4,204▲ 58.5%€2,750▼ 34.6%€1,263▼ 54.1%€2,527▲ 100%
Net result€2,453▲ 652%€3,010▲ 22.7%€1,801▼ 40.2%€790▼ 56.1%€1,878▲ 138%
Equity€159,894▲ 1.6%€162,904▲ 1.9%€164,705▲ 1.1%€165,495▲ 0.5%€167,373▲ 1.1%
Total assets€162,735▲ 0.9%€165,769▲ 1.9%€166,426▲ 0.4%€167,282▲ 0.5%€171,710▲ 2.6%
Debt€2,842▼ 25.2%€2,866▲ 0.8%€1,722▼ 39.9%€1,787▲ 3.8%€4,337▲ 143%
Working capital€34,892▲ 7.6%€38,053▲ 9.1%€39,703▲ 4.3%€40,493▲ 2.0%€42,371▲ 4.6%
Result per fiscal year
Operating resultNet result
€0€2,000€4,000Operating result 2020: €2,653€2,653Net result 2020: €2,453€2,453Operating result 2021: €4,204€4,204Net result 2021: €3,010€3,010Operating result 2022: €2,750€2,750Net result 2022: €1,801€1,801Operating result 2023: €1,263€1,263Net result 2023: €790€790Operating result 2024: €2,527€2,527Net result 2024: €1,878€1,87820202021202220232024€0€1,000€2,000€3,000Operating result 2022: €2,750€2,750Net result 2022: €1,801€1,800Operating result 2023: €1,263€1,260Net result 2023: €790€790Operating result 2024: €2,527€2,530Net result 2024: €1,878€1,880202220232024
The operating result recovers in 2024; 2024 is 100% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €171,710
Fixed assets €125,002 =
Current assets €46,708 ▲ 10.5%
Equity and liabilities €171,710
Equity €167,373 ▲ 1.1%
Debt €4,337 ▲ 143%
Debt's share of the balance-sheet total rises from 1.1% to 2.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
10.77▼
2023 · 23.67
Debt to equity
0.03▲
2023 · 0.01
ROE
1.1%▲
2023 · 0.5%
ROA
1.1%▲
2023 · 0.5%
Debt ≤ 1 year
€4,337▲
2023 · €1,787
Income taxes
€445▲
2023 · €263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.7% 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 497,338 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 17,039 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 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€167,282€171,710▲
Fixed assets21/28€125,002€125,002=
Tangible fixed assets22/27€125,002€125,002=
Land and buildings22€125,002€125,002=
Current assets29/58€42,280€46,708▲
Amounts receivable within one year40/41€636-
Other amounts receivable41€636-
Cash at bank and in hand54/58€41,644€46,708▲
Equity and liabilities
Total equity and liabilities10/49€167,282€171,710▲
Equity10/15€165,495€167,373▲
Contributions10/11€135,000€135,000=
Reserves13€3,800€3,800=
Distributable reserves133€3,800€3,800=
Profit (loss) carried forward14€26,695€28,573▲
Amounts payable17/49€1,787€4,337▲
Amounts payable within one year42/48€1,787€4,337▲
Trade debts44€1,787€3,885▲
Suppliers440/4€1,787€3,885▲
Taxes, remuneration and social security45-€452
Taxes450/3-€452
Income statement Code20232024
Operating income70/76A€8,059€8,059=
Other operating income74€8,059€8,059=
Operating charges60/66A€6,796€5,532▼
Services and other goods61€6,411€5,144▼
Other operating charges640/8€384€387▲
Operating profit (loss)9901€1,263€2,527▲
Financial charges65/66B€209€204▼
Recurring financial charges65€209€204▼
Other financial charges652/9€209€204▼
Profit (loss) for the period before taxes9903€1,054€2,323▲
Income taxes67/77€263€445▲
Taxes670/3€263€445▲
Profit (loss) for the period9904€790€1,878▲
Profit (loss) for the period to be appropriated9905€790€1,878▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,695€28,573▲
Profit (loss) brought forward from the previous period14P€25,905€26,695▲

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

Line20202021202220232024Change
Operating income70/76A-€8,059€8,059€8,059€8,059=
Other operating income74-€8,059€8,059€8,059€8,059=
Operating charges60/66A-€3,854€5,309€6,796€5,532▼ 18.6%
Services and other goods61-€3,507€4,961€6,411€5,144▼ 19.8%
Other operating charges640/8-€348€348€384€387▲ 0.8%
Operating profit (loss)9901€2,653€4,204€2,750€1,263€2,527▲ 100%
Financial income75/76B--€2---
Recurring financial income75--€2---
Other financial income752/9--€2---
Financial charges65/66B-€199€351€209€204▼ 2.6%
Recurring financial charges65€199€199€351€209€204▼ 2.6%
Debt charges650-€199----
Other financial charges652/9--€351€209€204▼ 2.6%
Profit (loss) for the period before taxes9903€2,453€4,005€2,402€1,054€2,323▲ 120%
Income taxes67/77-€995€600€263€445▲ 68.9%
Taxes670/3-€995€600€263€445▲ 68.9%
Profit (loss) for the period9904€2,453€3,010€1,801€790€1,878▲ 138%
Profit (loss) for the period to be appropriated9905€2,453€3,010€1,801€790€1,878▲ 138%
Line20202021202220232024Change
Assets
Total assets20/58€162,735€165,769€166,426€167,282€171,710▲ 2.6%
Fixed assets21/28€125,002€125,002€125,002€125,002€125,002=
Tangible fixed assets22/27€125,002€125,002€125,002€125,002€125,002=
Land and buildings22-€125,002€125,002€125,002€125,002=
Current assets29/58€37,733€40,767€41,424€42,280€46,708▲ 10.5%
Amounts receivable within one year40/41€1,000€457€400€636--
Trade receivables40-€457----
Other amounts receivable41--€400€636--
Cash at bank and in hand54/58€36,733€40,311€41,025€41,644€46,708▲ 12.2%
Equity and liabilities
Total equity and liabilities10/49€162,735€165,769€166,426€167,282€171,710▲ 2.6%
Equity10/15€159,894€162,904€164,705€165,495€167,373▲ 1.1%
Contributions10/11-€135,000€135,000€135,000€135,000=
Reserves13€3,800€3,800€3,800€3,800€3,800=
Non-distributable reserves130/1-€3,800€3,800---
Reserves not available under the articles1311-€3,800€3,800---
Distributable reserves133---€3,800€3,800=
Profit (loss) carried forward14€21,094€24,104€25,905€26,695€28,573▲ 7.0%
Amounts payable17/49€2,842€2,866€1,722€1,787€4,337▲ 143%
Amounts payable within one year42/48€2,842€2,714€1,722€1,787€4,337▲ 143%
Trade debts44€2,842€1,719€1,722€1,787€3,885▲ 117%
Suppliers440/4-€1,719€1,722€1,787€3,885▲ 117%
Taxes, remuneration and social security45-€995--€452-
Taxes450/3-€995--€452-
Accrued charges and deferred income492/3-€151----
Line20202021202220232024Change
Profit (loss) for the period9904€2,453€3,010€1,801€790€1,878▲ 138%
Operating cash flow (approximation)€2,453€3,010€1,801€790€1,878▲ 138%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€3,577€714€619€5,065▲ 719%

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
16-09
State Gazette act Permanent representative: Diane GOVAERTS
2 facts ▸
  • Board meeting, 12-08-2026
  • Permanent representative, Diane GOVAERTS (permanent representative)
18-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
22-05
State Gazette act Appointment: ERNST & YOUNG Réviseurs d'Entreprises (commissaire réviseur)
2 facts ▸
  • General meeting, 16/05/2025
  • Auditor appointment, ERNST & YOUNG Réviseurs d'Entreprises (commissaire réviseur)
2025
27-05
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
2024
22-05
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema
2023
12-06
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema
08-05
State Gazette act Resignation: VICTORIA COMPANY (manager)
Appointment: VICTORIA COMPANY (non-statutory director) · Permanent representative: Cédric OLBRECHTS · Statutes amendment8 facts ▸
  • General meeting, date not explicitly stated in text, implied same day as deed
  • Statutes amendment
  • Reserve release, Suppression du compte de capitaux propres statutairement indisponible et mise à disposition pour distribution
  • Capital
  • Director resignation, VICTORIA COMPANY (manager)
  • Director appointment, VICTORIA COMPANY (non-statutory director)
  • Permanent representative, Cédric OLBRECHTS
  • Power of attorney, VICTORIA COMPANY
2022
09-06
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema
24-03
State Gazette act Appointment: ERNST & YOUNG Réviseurs d'Entrepirses SRL (commissaire réviseur)
Permanent representative: Leen DEFOER3 facts ▸
  • General meeting, 04/03/2022
  • Auditor appointment, ERNST & YOUNG Réviseurs d'Entrepirses SRL (commissaire réviseur)
  • Permanent representative, Leen DEFOER
2021
03-06
NBB filing Annual accounts filed
fiscal year 2020 · unclassified schema
2020
23-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €326 ▼98.3%
Net result drops to €326, the lowest in the series; recovery starts the following year.
Show earlier events
24-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
17-01
State Gazette act Appointment: ERNST & YOUNG REVISEURS D'ENTREPRISES SC SCRL (commissaire réviseur)
2 facts ▸
  • General meeting, 18/05/2018
  • Auditor appointment, ERNST & YOUNG REVISEURS D'ENTREPRISES SC SCRL (commissaire réviseur)
2018
20-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
28-04
State Gazette act Annee Comptable
Statutes amendment2 facts ▸
  • General meeting, 14/04/2016
  • Statutes amendment
2015
07-09
State Gazette act Appointment: ERNST & YOUNG Assurance Services SCRL (commissaire réviseur)
Permanent representative: Leen DEFOER3 facts ▸
  • General meeting, 23/07/2015
  • Auditor appointment, ERNST & YOUNG Assurance Services SCRL (commissaire réviseur)
  • Permanent representative, Leen DEFOER
2014
23-10
State Gazette act Resignation: Françoise KAISIN (manager)
Appointment: VICTORIA COMPANY (manager) · Permanent representative: Cédric OLBRECHTS4 facts ▸
  • General meeting, 07/10/2014
  • Director resignation, Françoise KAISIN (manager)
  • Director appointment, VICTORIA COMPANY (manager)
  • Permanent representative, Cédric OLBRECHTS
09-04
State Gazette act Resignation: Chantal BOILEAU (manager)
Appointment: Françoise KAISIN (manager)3 facts ▸
  • General meeting, 31/12/2013
  • Director resignation, Chantal BOILEAU (manager)
  • Director appointment, Françoise KAISIN (manager)
2011
08-12
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 17/10/2011
  • Registered-office move, 1180 Bruxelles, au numéro 93 de la rue de Verrewinkel
28-04
State Gazette act Appointment: CDP De Wulf & Co SCPRL (réviseur d'entreprises)
Capital increase · Capital3 facts ▸
  • Capital increase, €130.600
  • Capital, €135.000
  • Auditor appointment, CDP De Wulf & Co SCPRL (réviseur d'entreprises)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
11 of 11 acts read

Directors · office · real estate

Directors
1 director, no change since 2023

Board 1

VICTORIA COMPANY
Non-statutory director · since 08-05-2023 · Public limited company · perm. rep.: Cédric OLBRECHTS
Current

Permanent representatives 1

Cédric OLBRECHTS
Permanent representative · since 08-05-2023 · for VICTORIA COMPANY
Current

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises
Commissaire réviseur · since 17-01-2019
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
1,177 m²
Building footprint
714 m²
Volume, LiDAR
6,203 m³
Parcel 21614H0059/00K002, Brussels · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
JPMF
Verrewinkelstraat 93, 1180 UkkelNACE 7012002
since 20062.153.312.601
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614H0059/00K002 Brussels 1,177 m² 1 · 714 m² 11.2 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.

Mandate history

6 people since 2011, 2 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
VICTORIA COMPANY
  • Manager, from 07-10-2014 to 08-05-2023
  • Non-statutory director, from 08-05-2023 to date
Ernst et Young Reviseurs d'Entreprises
  • Commissaire réviseur, from 17-01-2019 to date
ERNST & YOUNG ASSURANCE SERVICES
  • Commissaire réviseur, from 07-09-2015 to 17-01-2019
CDP De Wulf & Co SCPRL
  • Réviseur d'entreprises, from 28-04-2011 to 07-09-2015
Françoise KAISIN
  • Manager, from 31-12-2013 to 07-10-2014
Chantal BOILEAU
  • Manager, until 31-12-2013
See the board, name and seat on a given date →

Articles of association

Purpose
Toutes opérations immobilières au sens le plus large du terme et notamment assurer la gestion de tous biens immobiliers, intervenir en matière de conseil en réalisation…
Full purpose

Toutes opérations immobilières au sens le plus large du terme et notamment assurer la gestion de tous biens immobiliers, intervenir en matière de conseil en réalisation immobilière, assurer ou coordonner la réalisation de projets immobiliers, acheter et vendre tout immeuble, droit, obligation et titre immobilier, ériger des immeubles, les aménager, les décorer, les prendre ou les donner en location, prendre ou donner des droits d’emphytéose ou de superficie, faire tous travaux en vue de rendre les immeubles rentables, lotir des terrains, créer la voirie nécessaire, conclure tous contrats de leasing, etc. La société peut réaliser son objet directement ou indirectement en tous lieux, de toutes manières et suivant les modalités qui lui paraîtront les mieux appropriées. Elle peut faire en Belgique et à l’étranger, d’une façon générale, toutes opérations commerciales, industrielles, financières et civiles, mobilières et immobilières se rapportant directement ou indirectement à son objet ou pouvant en faciliter la réalisation, entièrement ou partiellement. Elle peut s’intéresser par voie d’association, d’intervention financier ou autrement dans toutes sociétés ou entreprises existantes ou à créer, don l’objet serait analogue ou connexe au sien ou qui sont de nature à favoriser le développement de son entreprise, qui seraient susceptibles de constituer pour elle une source d’approvisionnement ou une possibilité de débouchés.

Other statement
One provision in the deed

Structure & network

Owners and holdings

1 owner

Chain of control

  1. VENDIS CAPITAL 69.62%
  2. VICTORIA COMPANY 100%
  3. JPMF

Highest known parent: VENDIS CAPITAL. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of JPMF and those 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

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Capital over the years
  1. 08-05-2023 Capital stated in the act · 1,492 shares
  2. 28-04-2011 Capital increase of 130,600 EUR

Identification & contact

Identification
Legal formPrivate limited company
Founded04-04-2006
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.