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JM CAPITAL

Group · 11 companies

JM CAPITAL and the 10 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
11
all in Belgium
Countries
1
Belgium
Total assets
€44.4m
what the companies own together
Equity
€19.2m
the shareholders' buffer
Net result
€1.2m
profit or loss of the year
Staff (FTE)
50.8
in Belgium, social balance

Sum of the filed annual accounts of 10 of the 11 Belgian companies (financial years 2024-2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

86/100 median score
  • The parent itself: JM CAPITAL, no verdict.
  • 1 company with negative equity: PJA Retail (-€225,546).
  • 2 companies with a loss in the latest year: APOTHEEK TANGHE (-€173,389), PJA Retail (-€53,079).
  • 1 company no longer active in the register: BEAUPHAR.
  • 52.2% of the added-up total assets sits in one company: JM CAPITAL.
  • 4.8% of the added-up total assets sits at companies with an elevated or high risk.

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • JM CAPITAL7 subsidiaries
    BE 0664.825.429Parent
    No verdict€23.2m €8.6m 2025
    • APOTHEEK HEYLEN
      BE 0414.011.935100% per the accounts
      Healthy · 96€2.4m €735,700 2025
    • APOTHEEK TANGHE
      BE 0870.737.425100% per the accounts
      Elevated · 48€1.3m €163,978 2025
    • Apotheek Van Hoecke
      BE 0472.484.624100% per the accounts
      Healthy · 96€692,138 €358,920 2025
    • BEAUPHAR2 subsidiaries
      BE 0872.493.719100% per the accountsInactive
      Elevated€849,983 €556,748 2025
    • DERMATHEEK
      BE 0441.223.009100% per the accounts
      Fair · 50€5.4m €804,196 2024
    • P.J.A. BEHEER1 subsidiary
      BE 0861.392.662100% per the accounts
      Healthy · 96€8.0m €7.5m 2025
      • PJA CONSTRUCT
        BE 0835.982.62296% per the accounts
        No verdict€19,926 -€21,865 2023
    • PJA Retail
      BE 0730.880.746100% per the accounts
      Fair · 46€409,460 -€225,546 2025

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

2

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. Dissolution of the company
    DissolutionJM CAPITAL
  2. 2 directors appointed
    Director changeApotheek Van Hoecke
  3. 2 directors resigning
    Director changeApotheek Van Hoecke
  4. 3 directors appointed, 1 director resigning
    Director changeAPOTHEEK HEYLEN

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 09-10-2026

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