STEELYJAM
ActiveSummary
STEELYJAM has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€79,401) and a net result of -€65,646. Its solvency ranks better than 13% of 250 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-01-2024 Normal situation
- Registered office
- 28 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Manufacture of computer, electronic and optical products NACE 26400and 1 other
- Establishment unit
- 2.355.438.330 4557 Tinlot, since 19-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Turnover
- €0
- Loss
- €65,646
- ▲ 250%
- Equity
- -€79,401
- ▼ 477%
- Total assets
- €152,215
- ▲ 17.4%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€79,401Loss of €65,646, the second in a row (financial year 2025)lowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Size: turnover €0, total assets €152,215Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro). It does better than 7% of them on solvency, 75% on liquidity, 10% on profitability and 2% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 35 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a loss of €59,989, larger than the loss of €14,474 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of computer, electronic and optical products (NACE 26). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Intangible fixed assets | - | €58,853 |
| Financial fixed assets | €1,200 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as STEELYJAM: manufacture of computer, electronic and optical products (NACE 26400). They are comparable in size and age: total assets between €20,300 and €413,000, founded between 2019 and 2022.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| STEELYJAM Tinlot | 2024 | €152,215 | -€79,401 | -€54,449 | €0 | -€65,646 | 2025 |
| HEYMDALL Antwerpen | 2021 | €413,275 | -€123,572 | -€27,650 | - | -€147,773 | 2025 |
| IDDiT Ninove | 2022 | €84,137 | -€40,198 | €11,476 | - | €1,803 | 2025 |
| MARLOeNCO Stavelot | 2021 | €51,563 | €47,449 | €14,124 | - | €5,711 | 2025 |
| ANTWERP DRONE COMPANY Duffel | 2021 | €20,335 | €19,326 | €2,513 | - | €1,369 | 2025 |
| Xelypse Gent | 2019 | €34,251 | €32,906 | €4,383 | - | €2,911 | 2026 |
| Threetom Bonheiden | 2022 | €38,290 | €17,764 | €13,867 | - | €4,454 | 2025 |
They were chosen from the 84 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 7,639 companies had the same profile as STEELYJAM has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of STEELYJAM itself is lower: 0.4% within 12 months. It rests on far more data about STEELYJAM than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,639 companies, not a prediction for STEELYJAM. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €0 | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | €0 | €0 | - |
| Other operating charges640/8 | €538 | €5,540 | ▲ 929% |
| Gross operating margin9900 | -€13,936 | -€54,449 | ▼ 291% |
| Operating profit (loss)9901 | -€14,474 | -€59,989 | ▼ 314% |
| Financial income75/76B | - | €6 | - |
| Recurring financial income75 | - | €6 | - |
| Financial charges65/66B | €4,063 | €5,400 | ▲ 32.9% |
| Recurring financial charges65 | €4,063 | €5,400 | ▲ 32.9% |
| Profit (loss) for the period before taxes9903 | -€18,537 | -€65,382 | ▼ 253% |
| Income taxes67/77 | €218 | €264 | ▲ 21.0% |
| Profit (loss) for the period9904 | -€18,755 | -€65,646 | ▼ 250% |
| Profit (loss) for the period to be appropriated9905 | -€18,755 | -€65,646 | ▼ 250% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €129,638 | €152,215 | ▲ 17.4% |
| Fixed assets21/28 | €1,200 | €60,053 | ▲ 50× |
| Intangible fixed assets21 | - | €58,853 | - |
| Financial fixed assets28 | €1,200 | €1,200 | = |
| Current assets29/58 | €128,438 | €92,162 | ▼ 28.2% |
| Stocks and contracts in progress3 | €23,224 | €27,279 | ▲ 17.5% |
| Stocks30/36 | €23,224 | €27,279 | ▲ 17.5% |
| Amounts receivable within one year40/41 | €40,438 | €17,108 | ▼ 57.7% |
| Trade receivables40 | €40,438 | €16,523 | ▼ 59.1% |
| Other amounts receivable41 | €0 | €585 | - |
| Cash at bank and in hand54/58 | €62,259 | €46,822 | ▼ 24.8% |
| Deferred charges and accrued income490/1 | €2,518 | €953 | ▼ 62.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €129,638 | €152,215 | ▲ 17.4% |
| Equity10/15 | -€13,755 | -€79,401 | ▼ 477% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€18,755 | -€84,401 | ▼ 350% |
| Amounts payable17/49 | €143,393 | €231,616 | ▲ 61.5% |
| Amounts payable after more than one year17 | €109,222 | €189,162 | ▲ 73.2% |
| Financial debts170/4 | €59,222 | €139,162 | ▲ 135% |
| Trade debts175 | €50,000 | €50,000 | = |
| Amounts payable within one year42/48 | €34,020 | €42,454 | ▲ 24.8% |
| Current portion of amounts payable after more than one year42 | €12,865 | €30,726 | ▲ 139% |
| Trade debts44 | €13,057 | €7,676 | ▼ 41.2% |
| Suppliers440/4 | €13,057 | €7,676 | ▼ 41.2% |
| Taxes, remuneration and social security45 | €8,073 | €3,956 | ▼ 51.0% |
| Taxes450/3 | €8,073 | €3,956 | ▼ 51.0% |
| Remuneration and social security454/9 | €0 | €0 | - |
| Other amounts payable47/48 | €25 | €96 | ▲ 281% |
| Accrued charges and deferred income492/3 | €151 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€18,755 | -€65,646 | ▼ 250% |
| Operating cash flow (approximation) | -€18,755 | -€65,646 | ▼ 250% |
| Investment in fixed assets (approximation) | - | -€58,853 | - |
| Change in cash | - | -€15,437 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- DEMARCIN Jean-Baptiste Jean-Michel Gilbert 50 shares (50%) · €2,500
- DEVREUX Arthur Jean-Marc François 50 shares (50%) · €2,500
Capital transactions
- 23-01-2024 Incorporation · €5,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DEMARCIN Jean-Baptiste Jean-Michel Gilbert |
|
| DEVREUX Arthur Jean-Marc François |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 23-01-2024 (in French)
Network & group
STEELYJAM shares no director with another company.
Companies at the same address
27 other companies- Copr Registered office · since 2026 1038252069
- LEMNADE Registered office · since 2026 1036991861
- JUBIL RESSOURCES HUMAINES BELGIQUE Establishment · since 2026 1022150465
- COBREVILLE REAL ESTATE Registered office · since 2025 1029947681
- LEMON ZEST Registered office · since 2025 1024278626
- ELEVA AGENCY Registered office · since 2025 1021085247
- YouHome Registered office · since 2024 1012535488
- VALO ENERGY Establishment · since 2024 1012171541
- Azimut Energy Registered office · since 2023 0797163222
- South Lux Real Estate Registered office · since 2022 0784676946
Connections & network
2 current directorsThe network starts from the directors of STEELYJAM. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-02
Gazette deed
Registered office moved from Nandrin to TinlotCorrection3 points ▸
- General meeting, “Assemblée Générale Extraordinaire des actionnaires” (deed in French)
- Registered-office move, 4557 Tinlot, rue Sur Haies 7
- Correction, “Correction d'une erreur matérielle lors de la publication au Moniteur Belge” (deed in French)
23-01
Gazette deed
IncorporationStarting capital €5,000 · Appointments: DEMARCIN Jean-Baptiste Jean-Michel Gilbert (director) and DEVREUX Arthur Jean-Marc François (director) · Permanent representative: DEVREUX Arthur Jean-Marc François · Pre-incorporation commitments13 points ▸
- Pre-incorporation commitments, “takeover, engagements,obligations,activités au nom et pour compte de la société en formation” (deed in French)
- Registered office clause, “rue Sur Haies 7 à 4557 Tinlot” (deed in French)
- Board rule, 2, “assemblée” (deed in French)
- Director appointment, DEMARCIN Jean-Baptiste Jean-Michel Gilbert (director (not named in the articles))
- Director appointment, DEVREUX Arthur Jean-Marc François (director (not named in the articles))
- Permanent representative, DEVREUX Arthur Jean-Marc François (représentant permanent de la société)
- Power of attorney, DEMARCIN Jean-Baptiste Jean-Michel Gilbert
- Power of attorney, DEVREUX Arthur Jean-Marc François
- Founder, DEMARCIN Jean-Baptiste Jean-Michel Gilbert (comparant)
- Founder, DEVREUX Arthur Jean-Marc François (comparant)
- Incorporation, “STEELYJAM” (deed in French)
- Founding capital, €5,000
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- La création et la production de guitares et basses électriques en aluminium.
- La production de films cinématographiques ;
- La production de films pour la télévision ;
- La production de films autres que cinématographiques et pour la télévision (publicitaires et autres ...)
- La production d'enregistrements sonores ;
- L'activité des agences de publicité ;
- La création artistique au sens large.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 61001C0301/00M002 | Wallonia | 1,442 m² | 1 · 439 m² | - |