Julmat
ActiveJulmat has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €921k and a net result of €351k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 977 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2020
93
/ 100
Excellent▲ +3 vs 2019
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2019
Profitability100=
Solvency100▲+1
Growth78▲+10
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days only on tighter terms
Liquidity ample (current ratio 16.49 against 2.03 in 2019), and 18.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
6 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 2020Solvency, return and age of the figures
Solvency
81.9%
Return on assets
31.2%
Age of the figures
68 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2021 was due at the National Bank by 31-07-2022. Nothing is on record today, 1496 days later. 5 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline04-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-09-2021, 59 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
59 d late
2019
62 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€921k▲ 65.2%
2019 · €558k
2018: €558k
2019: €558k
2018 → 2020
Total assets
€1.13M▼ 1.3%
2019 · €1.14M
2018: €915k
2019: €1.14M
2018 → 2020
Net result
€351k▲ 32.2%
2019 · €266k
2018: €240k
2019: €266k
2018 → 2020
Working capital
€792k▲ 84.6%
2019 · €429k
2018: €419k
2019: €429k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€558k-€558k=€921k▲ 65.2%
Operating result€367k-€376k▲ 2.5%€469k▲ 24.7%
Net result€240k-€266k▲ 10.8%€351k▲ 32.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 25% above 2019 and is the highest year so far.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.13M
Fixed assets
€283k▼ 3.9%
Current assets
€843k▼ 0.4%
Equity and liabilities €1.13M
Equity
€921k▲ 65.2%
Debt
€204k▼ 65.0%
The debt ratio falls from 51.1% to 18.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€492k▲
2019 · €399k
Cash flow
€375k▲
2019 · €288k
Solvency
81.9%▲
2019 · 48.9%
Current ratio
16.49▲
2019 · 2.03
Quick ratio
16.49▲
2019 · 2.03
Debt / equity
0.17▼
2019 · 0.30
ROE
38.1%▼
2019 · 47.6%
ROA
31.2%▲
2019 · 23.3%
Debt
€204k▼
2019 · €583k
Debt ≤ 1 year
€51k▼
2019 · €418k
Debt > 1 year
€153k▼
2019 · €165k
Income taxes
€113k▲
2019 · €105k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020
Balance sheet
Code2020
Total assets
20/58€1.13M
Fixed assets
21/28€283k
Tangible fixed assets
22/27€283k
Current assets
29/58€843k
Amounts receivable within one year
40/41€69k
Investments
50/53€16k
Cash & bank
54/58€755k
Total equity & liabilities
10/49€1.13M
Equity
10/15€921k
Reserves
13€903k
Amounts payable
17/49€204k
Amounts payable after one year
17€153k
Amounts payable within one year
42/48€51k
Trade debts payable within one year
44€19k
Income statement
Code2020
Gross operating margin
9900€557k
Operating result
9901€469k
Financial income
75€383
Financial charges
65€5k
Result before taxes
9903€464k
Income taxes
67/77€113k
Net result for the period
9904€351k
Result to be appropriated
9905€351k
This is the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Timeline · acts, filings and financial milestones
2025
06-01
State Gazette act
Registered-office change
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Highest result since 2018net €351k ▲32.2%
Operating result €469k, net result €351k, both a record.
31-12
Financial
Liquidity times 8current ratio 16.49
Current ratio from 2.03 to 16.49; short-term debt falls from €418k to €51k.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Comparable companies · same sector, comparable size
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Christophe Haulet
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THOR
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P.M.C.
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TCB & ASSOCIES
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Lasne · Eq €919k
Of 6,188 companies in sector 46190 we hold annual accounts for 2,418. 1,224 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded15-12-2015
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-08-2026. Scores and ratios are computed by Checked and are not a credit decision.