LE JAMES
ActiveSummary
LE JAMES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,365 and a net result of -€3,833. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 87% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-51
Solvency100▲+34
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 4.77 against 1.56 in 2024; short-term debt: 17.9% and cash: 2.1% of total assets), and 17.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
82.1%
Return on assets
-11.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 10 filingsDeviation from the deadline
2025
12 d late
2024
1 d late
2023
18 d late
2022
29 d late
2021
31 d late
2020
30 d late
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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 19 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€110,655
EBIT margin
-3.1%
Net result
-€3,833
2024 · €5,930
Working capital
€21,636▼ 12.8%
2024 · €24,801
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€110,655
Operating result-€10,140▼ 10.0%€2,630€1,129▼ 57.1%€5,930▲ 425%-€3,406
Net result-€10,140below the sector's middle half▼ 3.6%€2,630within the sector's middle half€1,129within the sector's middle half▼ 57.1%€5,930within the sector's middle half▲ 425%-€3,833below the sector's middle half
EBIT margin-3.1%
Equity€20,510within the sector's middle half▼ 33.1%€23,140within the sector's middle half▲ 12.8%€24,268within the sector's middle half▲ 4.9%€30,198within the sector's middle half▲ 24.4%€26,365within the sector's middle half▼ 12.7%
Total assets€36,808below the sector's middle half▼ 15.5%€25,824below the sector's middle half▼ 29.8%€31,150below the sector's middle half▲ 20.6%€74,165within the sector's middle half▲ 138%€32,103below the sector's middle half▼ 56.7%
Debt€16,298▲ 26.1%€2,684▼ 83.5%€6,881▲ 156%€43,967▲ 539%€5,738▼ 86.9%
Working capital€13,073within the sector's middle half▼ 41.7%€16,405within the sector's middle half▲ 25.5%€18,202within the sector's middle half▲ 11.0%€24,801within the sector's middle half▲ 36.3%€21,636within the sector's middle half▼ 12.8%
Solvency55.7%within the sector's middle half▼ 14.6pp89.6%above the sector's middle half▲ 33.9pp77.9%above the sector's middle half▼ 11.7pp40.7%within the sector's middle half▼ 37.2pp82.1%above the sector's middle half▲ 41.4pp
Current ratio1.80within the sector's middle half▼ 0.937.11above the sector's middle half▲ 5.313.65above the sector's middle half▼ 3.471.56within the sector's middle half▼ 2.084.77above the sector's middle half▲ 3.21
Return on assets (ROA)-27.5%below the sector's middle half▼ 5.1pp10.2%within the sector's middle half▲ 37.7pp3.6%within the sector's middle half▼ 6.6pp8.0%within the sector's middle half▲ 4.4pp-11.9%below the sector's middle half▼ 19.9pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3,406 after €5,930 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,103
Fixed assets
€4,729 ▼ 12.4%
Current assets
€27,374 ▼ 60.2%
Equity and liabilities €32,103
Equity
€26,365 ▼ 12.7%
Debt
€5,738 ▼ 86.9%
Debt's share of the balance-sheet total falls from 59.3% to 17.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,737▼
2024 · €6,599
Cash flow
-€3,164▼
2024 · €6,599
Debt to equity
0.22▼
2024 · 1.46
ROE
-14.5%▼
2024 · 19.6%
Interest coverage
-6.41
Debt ≤ 1 year
€5,738▼
2024 · €43,967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 85% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
85%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 5,834 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €110,655 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €112,696 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €802 | €702 | €669 | €669 | €669 | = |
| Other operating charges640/8 | €51,551 | €63,019 | €61,283 | €99,939 | €696 | ▼ 99.3% |
| Gross operating margin9900 | €42,213 | €66,351 | €63,080 | €106,537 | -€2,041 | ▼ 102% |
| Operating profit (loss)9901 | -€10,140 | €2,630 | €1,129 | €5,930 | -€3,406 | ▼ 157% |
| Financial charges65/66B | - | - | - | - | €427 | - |
| Recurring financial charges65 | - | - | - | - | €427 | - |
| Profit (loss) for the period before taxes9903 | -€10,140 | €2,630 | €1,129 | €5,930 | -€3,833 | ▼ 165% |
| Profit (loss) for the period9904 | -€10,140 | €2,630 | €1,129 | €5,930 | -€3,833 | ▼ 165% |
| Profit (loss) for the period to be appropriated9905 | -€10,140 | €2,630 | €1,129 | €5,930 | -€3,833 | ▼ 165% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,808 | €25,824 | €31,150 | €74,165 | €32,103 | ▼ 56.7% |
| Fixed assets21/28 | €7,437 | €6,735 | €6,066 | €5,398 | €4,729 | ▼ 12.4% |
| Tangible fixed assets22/27 | €3,376 | €2,674 | €2,006 | €1,337 | €669 | ▼ 50.0% |
| Furniture and vehicles24 | €3,376 | €2,674 | €2,006 | €1,337 | €669 | ▼ 50.0% |
| Financial fixed assets28 | €4,060 | €4,060 | €4,060 | €4,060 | €4,060 | = |
| Current assets29/58 | €29,372 | €19,089 | €25,083 | €68,768 | €27,374 | ▼ 60.2% |
| Amounts receivable within one year40/41 | €10,286 | €7,914 | €13,998 | €52,666 | €19,154 | ▼ 63.6% |
| Trade receivables40 | €1,801 | - | €5,796 | €42,692 | €7,558 | ▼ 82.3% |
| Other amounts receivable41 | €8,486 | €7,914 | €8,202 | €9,974 | €11,596 | ▲ 16.3% |
| Cash at bank and in hand54/58 | €11,539 | €3,629 | €3,539 | €8,556 | €674 | ▼ 92.1% |
| Deferred charges and accrued income490/1 | €7,546 | €7,546 | €7,546 | €7,546 | €7,546 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,808 | €25,824 | €31,150 | €74,165 | €32,103 | ▼ 56.7% |
| Equity10/15 | €20,510 | €23,140 | €24,268 | €30,198 | €26,365 | ▼ 12.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Reserves13 | €18,736 | €18,736 | €18,736 | €18,736 | €18,736 | = |
| Non-distributable reserves130/1 | €1,860 | €16,876 | €16,876 | €16,876 | €16,876 | = |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €16,876 | €16,876 | €16,876 | €16,876 | = |
| Distributable reserves133 | €16,876 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€16,826 | -€14,197 | -€13,068 | -€7,138 | -€10,971 | ▼ 53.7% |
| Amounts payable17/49 | €16,298 | €2,684 | €6,881 | €43,967 | €5,738 | ▼ 86.9% |
| Amounts payable within one year42/48 | €16,298 | €2,684 | €6,881 | €43,967 | €5,738 | ▼ 86.9% |
| Financial debts43 | - | - | - | - | €1,561 | - |
| Credit institutions430/8 | - | - | - | - | €1,561 | - |
| Trade debts44 | €3,631 | €1,676 | €6,177 | €40,461 | €4,177 | ▼ 89.7% |
| Suppliers440/4 | €3,631 | €1,676 | €6,177 | €40,461 | €4,177 | ▼ 89.7% |
| Advances received on contracts in progress46 | €12,668 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | €1,008 | €704 | €3,506 | - | - |
| Taxes450/3 | - | €1,008 | €704 | €3,506 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,140 | €2,630 | €1,129 | €5,930 | -€3,833 | ▼ 165% |
| + Depreciation and write-downs630 | €802 | €702 | €669 | €669 | €669 | = |
| Operating cash flow (approximation) | -€9,338 | €3,332 | €1,797 | €6,599 | -€3,164 | ▼ 148% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€7,911 | -€89 | €5,016 | -€7,882 | ▼ 257% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 4.77
Current ratio from 1.56 to 4.77; short-term debt falls from €43,967 to €5,738.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Highest result since 2018net €5,930 ▲425%
Operating result €5,930, net result €5,930, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €2,630
Net result €2,630 after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 7.11
Current ratio from 1.80 to 7.11; short-term debt falls from €16,298 to €2,684.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€10,140
Net result drops to -€10,140, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €4,555
Net result €4,555 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2020
Ground area
394 m²
Building footprint
317 m²
Volume, LiDAR
3,545 m³
Parcel 21524C0159/00F003, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Goede Herderstraat 49, 1080 Sint-Jans-Molenbeek
since 20202.322.898.590
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0159/00F003 | Brussels | 394 m² | 1 · 317 m² | 18.3 m · 5 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.
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Of 7,298 companies in this sector we hold annual accounts for 2,364. 1,873 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded21-02-1989
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43120Site preparation
43211General electrical installation work
43230Insulation installation
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436743488
Also
9925:BE0436743488
Registered
24-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.