Equity
€283,040 from €671,940 in 2020
Equity fell by 58% in 5 years.
JSMS Construct
Lifetime
6 annual accounts with figures on one time axispeak €115,598 (2025)
€115,598▲ 23.4%
lowest -€166,486 (2025)
-€166,486▼ €62,057
peak €671,940 (2020)
€283,040▼ 37.0%
€6.7m▲ 34.1%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €93,704 to €115,598Loss of €166,486Equity from €449,526 to €283,040Debts from €5.0m to €6.7mInvestments €1.7mCash from €5,687 to €11,087
Key points
from the 2025 annual accountsLosses
-€388,901 in five years
Every financial year from 2021 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €170,000 estimated
The accounts state no turnover.
Debts
€6.7m 96% of the balance sheet
Financial debts 85%Suppliers 1%Taxes and wages 0%Other 14%
Of this, €950,423 falls due within a year.
Investments
€1.7m 9.1 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 28.1% higher than in 2024.
Position in the sector
-€166,486
Lower net result than 90% of companies in real estate. Sector median €12,759 · 12,433 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 403 companies had the same profile as JSMS Construct has now. Each dot is one company, two years later.
96.3%
were still trading
2.7%
stopped another way
1.0%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 403 companies, not a prediction for JSMS Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 13-09-2019
Director, since 13-09-2019
- founderdeed of 17-09-2019
- founderdeed of 17-09-2019
- founderdeed of 17-09-2019
Recent changes
Incorporation
Founders: , and · Appointments: (director) and (director) · Founder: · published on 17-09-2019 · Gazette deed
First establishment
Fonteinstraat 32, Enghien
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JSMS Construct Enghien | €7.0m | €115,598 | 4.0% | - |
| PATRIWESOL Roeselare | €8.0m | €103,400 | 75.6% | 0 |
| DUKDALF INVEST Asse | €8.6m | €99,175 | 29.8% | - |
| GOS REALISATIONS Chaudfontaine | €6.1m | €180,102 | 56.9% | - |
| Investis Infinity Koekelberg | €5.2m | €100,723 | 2.7% | - |
| ONE RETAIL Watermael-Boitsfort | €7.7m | €194,676 | -5.7% | - |
| W-Fin Rotselaar | €6.6m | €67,180 | 34.5% | 0.4 |
These companies have the same main activity as JSMS Construct: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5.2m and €8.6m, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 13-09-2019Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.294.478.7787850 Enghien, since 13-09-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €7.0m▲ 28.2%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on JSMS Construct
JSMS Construct files the abbreviated format. That format states no turnover. The gross margin rose from €76,649 in 2020 to €115,598 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JSMS Construct
- What is the company number of JSMS Construct?
- The company number of JSMS Construct is 0734.456.878. The VAT number is the same number with BE in front: BE 0734.456.878.
- Where is JSMS Construct based?
- The registered office is at Pollepelbronstraat 32, 7850 Enghien.Company details
- What does JSMS Construct do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of JSMS Construct?
- JSMS Construct is a private limited company (BV).
- When was JSMS Construct founded?
- JSMS Construct was founded on 13-09-2019.
- Is JSMS Construct still active?
- Yes, JSMS Construct is an active enterprise in the KBO register.
- What is the turnover of JSMS Construct?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €115,598 and 31 comparable companies (NACE 68201). It probably lies between €130,000 and €230,000.Financials
- Is JSMS Construct profitable?
- In financial year 2025, JSMS Construct made a loss of €166,486.
- Where can I find the annual accounts of JSMS Construct?
- JSMS Construct filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JSMS Construct due?
- JSMS Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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