JULMAU
ActiveJULMAU has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €283k and a net result of €184k. Equity is growing by ~182.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80=
Solvency39▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.33 in 2024; short-term debt: 14.8% and cash: 5.6% of total assets), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
8.9%
Age of the figures
9 mo
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 05-03-2026, 148 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
148 d early
2024
6 d early
2023
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€283k▲ 186%
2024 · €99k
2023: €-77k
2024: €99k
2023 → 2025
Total assets
€2.07M▲ 39.9%
2024 · €1.48M
2023: €1.29M
2024: €1.48M
2023 → 2025
Net result
€184k▲ 4.5%
2024 · €176k
2023: €-87k
2024: €176k
2023 → 2025
Working capital
€-45k▲ 65.6%
2024 · €-129k
2023: €-194k
2024: €-129k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-77k-€99k€283k▲ 186%
Operating result€-65k-€247k€280k▲ 13.2%
Net result€-87k-€176k€184k▲ 4.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€1.81M▲ 27.7%
Current assets
€261k▲ 317%
Equity and liabilities €2.07M
Equity
€283k▲ 186%
Debt
€1.79M▲ 29.4%
The debt ratio falls from 93.3% to 86.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€331k▲
2024 · €274k
Cash flow
€236k▲
2024 · €204k
Solvency
13.7%▲
2024 · 6.7%
Current ratio
0.85▲
2024 · 0.33
Quick ratio
0.85▲
2024 · 0.33
Debt / equity
6.32▼
2024 · 13.99
ROE
65.1%▼
2024 · 178.4%
ROA
8.9%▼
2024 · 11.9%
Interest coverage
6.33▲
2024 · 5.55
Debt
€1.79M▲
2024 · €1.38M
Debt ≤ 1 year
€305k▲
2024 · €192k
Debt > 1 year
€1.48M▲
2024 · €1.19M
Income taxes
€43k▲
2024 · €21k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.48M€2.07M▲
Fixed assets21/28€1.42M€1.81M▲
Tangible fixed assets22/27€1.42M€1.81M▲
Land and buildings22€1.41M€1.80M▲
Furniture and vehicles24€8k€7k▼
Current assets29/58€63k€261k▲
Amounts receivable within one year40/41€524€136k▲
Trade receivables40-€135k
Other amounts receivable41€524€1k▲
Cash at bank and in hand54/58€62k€117k▲
Deferred charges and accrued income490/1-€8k
Equity and liabilities
Total equity and liabilities10/49€1.48M€2.07M▲
Equity10/15€99k€283k▲
Contributions10/11€10k€10k=
Reserves13€89k€273k▲
Distributable reserves133€89k€273k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€1.38M€1.79M▲
Amounts payable after more than one year17€1.19M€1.48M▲
Financial debts170/4€1.19M€1.48M▲
Amounts payable within one year42/48€192k€305k▲
Current portion of amounts payable after more than one year42€80k€84k▲
Trade debts44€55k€134k▲
Suppliers440/4€55k€134k▲
Taxes, remuneration and social security45€24k€45k▲
Taxes450/3€24k€45k▲
Other amounts payable47/48€32k€43k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€52k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€276k€334k▲
Operating profit (loss)9901€247k€280k▲
Financial charges65/66B€49k€52k▲
Recurring financial charges65€49k€52k▲
Profit (loss) for the period before taxes9903€197k€227k▲
Income taxes67/77€21k€43k▲
Profit (loss) for the period9904€176k€184k▲
Profit (loss) for the period to be appropriated9905€176k€184k▲
Appropriation of the result
Profit (loss) to be appropriated9906€89k€184k▲
Profit (loss) brought forward from the previous period14P€-87k€0▲
Transfer to equity691/2€89k€184k▲
To other reserves6921€89k€184k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €184k ▲4.5%
Operating result €280k, net result €184k, both a record.
31-12
Financial
Equity above €200kEq €283k ▲186%
2 profitable years in a row build equity to €283k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €176k
Net result €176k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lokeren · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hillarestraat 209160 LokerenGround area
3,039 m²
Building footprint
187 m²
Volume, LiDAR
1,179 m³
Parcel 46384C1137/00L003, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JULMAU
since 20232.343.102.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384C1137/00L003 | Flanders | 3,038 m² | 1 · 187 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
VASTGOEDBEHEER EN MAKELAARSKANTOOR
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Moorslede · Eq €283k
Belzis
BE 0723.515.575
Mechelen · Eq €283k
NMB Projects
BE 0568.961.121
Gent · Eq €282k
Onroerend Goed Invest
BE 0428.504.230
Izegem · Eq €283k
SOCOIMMO
BE 0447.143.472
Mons · Eq €283k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,851 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2023
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.