JUMACO PROJECTS
ActiveThe computed 12-month bankruptcy probability of JUMACO PROJECTS is 2.5% (moderate). The 2024 annual accounts show equity of €71k and a net result of €9k. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 36377 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
89
/ 100
Excellent▲ +31 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▲+64
Solvency79▲+7
Growth32=
Stability94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.61 in 2023), but 58% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
42%
Return on assets
5.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
127 d late
2022
29 d late
2021
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€71k▲ 14.8%
2023 · €62k
2021: €88k
2022: €77k
2023: €62k
2021 → 2024
Total assets
€169k▲ 3.3%
2023 · €163k
2021: €299k
2022: €306k
2023: €163k
2021 → 2024
Net result
€9k
2023 · €-15k
2021: €83k
2022: €-12k
2023: €-15k
2021 → 2024
Working capital
€53k▲ 29.7%
2023 · €41k
2021: €25k
2022: €55k
2023: €41k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€88k-€77k▼ 13.2%€62k▼ 19.4%€71k▲ 14.8%
Operating result€104k-€-6k€-4k▲ 29.8%€36k
Net result€83k-€-12k€-15k▼ 27.2%€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €36k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169k
Fixed assets
€37k▼ 33.6%
Current assets
€132k▲ 22.3%
Equity and liabilities €169k
Equity
€71k▲ 14.8%
Debt
€98k▼ 3.6%
The debt ratio falls from 62.2% to 58.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€54k▲
2023 · €15k
Cash flow
€28k▲
2023 · €4k
Solvency
42.0%▲
2023 · 37.8%
Current ratio
1.67▲
2023 · 1.61
Quick ratio
1.67▲
2023 · 1.61
Debt / equity
1.38▼
2023 · 1.64
ROE
12.9%▲
2023 · -24.1%
ROA
5.4%▲
2023 · -9.1%
Interest coverage
2.93▲
2023 · 2.05
Debt
€98k▼
2023 · €101k
Debt ≤ 1 year
€79k▲
2023 · €67k
Debt > 1 year
€19k▼
2023 · €34k
Income taxes
€8k▲
2023 · €4k
Staff costs
€0▼
2023 · €321
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€163k€169k▲
Fixed assets21/28€55k€37k▼
Tangible fixed assets22/27€55k€37k▼
Plant, machinery and equipment23€22k€14k▼
Furniture and vehicles24€755€0▼
Leasing and similar rights25€33k€23k▼
Current assets29/58€108k€132k▲
Amounts receivable within one year40/41€100k€104k▲
Trade receivables40€3k€17k▲
Other amounts receivable41€96k€87k▼
Cash at bank and in hand54/58€7k€26k▲
Deferred charges and accrued income490/1€607€2k▲
Equity and liabilities
Total equity and liabilities10/49€163k€169k▲
Equity10/15€62k€71k▲
Contributions10/11€5k€5k=
Reserves13€20k€66k▲
Distributable reserves133€20k€66k▲
Profit (loss) carried forward14€37k€0▼
Amounts payable17/49€101k€98k▼
Amounts payable after more than one year17€34k€19k▼
Financial debts170/4€34k€19k▼
Amounts payable within one year42/48€67k€79k▲
Current portion of amounts payable after more than one year42€23k€16k▼
Financial debts43€3k€1k▼
Credit institutions430/8€3k€1k▼
Trade debts44€30k€41k▲
Suppliers440/4€30k€41k▲
Taxes, remuneration and social security45€11k€21k▲
Taxes450/3€11k€21k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€1k€0▼
Income statement
Code20232024
Non-recurring operating income76A€24k€90▼
Remuneration, social security and pensions62€321€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k€0▼
Other operating charges640/8€24k€4k▼
Non-recurring operating charges66A€30k€9k▼
Gross operating margin9900€86k€67k▼
Operating profit (loss)9901€-4k€36k▲
Financial income75/76B€68€44▼
Recurring financial income75€68€44▼
Financial charges65/66B€7k€19k▲
Recurring financial charges65€7k€19k▲
Profit (loss) for the period before taxes9903€-11k€17k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€-15k€9k▲
Profit (loss) for the period to be appropriated9905€-15k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€46k▲
Profit (loss) brought forward from the previous period14P€52k€37k▼
Transfer to equity691/2-€46k
To other reserves6921-€46k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Sint-Truiden · 1 establishment unit since 2020
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.
Terbiest 1323800 Sint-TruidenGround area
903 m²
Building footprint
239 m²
Volume, LiDAR
1,049 m³
Parcel 71352C0889/02S000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jumaco Projects / JMC Rent
since 20202.310.567.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352C0889/02S000 | Flanders | 902 m² | 1 · 239 m² | 7.1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 315 EUR awarded · 315 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 315 EUR | 315 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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RENOVATHOR
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BIAF TECHNICS
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Of 1,347 companies in sector 43110 we hold annual accounts for 620. 479 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2020
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.