Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
J.M. CONSTRUCT from Hasselt, company number BE0439659230, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year J.M. CONSTRUCT recorded revenue of € 2.3 million and equity of € 48.3 million. Compared with financial year 2024, the result moved from € 598,603 to € -1.4 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 48.3 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ still € 598,603 profit in 2024
Profit after tax over the fiscal year.
€ 2,680
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 43.7 million.
People and assets in 2025
7.9
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 865,143
▲ 7% vs 2024
€ 109,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,707
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.3 million
▼ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 239,729
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 136,860
▼ 58% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,657,700 | € 1,375,365 | € 3,556,771 | € 2,254,655 | ▼ 37% |
| Profit after taxes | € 2,173,058 | € 1,549,367 | € 598,603 | € -1,391,548 | ▼ € 2 million |
| Equity | € 47,534,189 | € 49,083,556 | € 49,659,804 | € 48,268,256 | ▼ 3% |
| Total debts | € 21,203,331 | € 24,956,575 | € 56,187,725 | € 50,176,190 | ▼ 11% |
| Cash | € 4,695 | € 1,334 | € 3,552 | € 2,680 | ▼ 25% |
| Retained profit | € 42,934,189 | € 44,483,556 | € 45,061,440 | € 43,669,892 | ▼ 3% |
| Bank debt | € 11,000,000 | € 11,003,244 | € 18,839,515 | € 10,284,515 | ▼ 45% |
| Balance sheet total | € 68,737,520 | € 74,040,131 | € 105,847,530 | € 98,444,446 | ▼ 7% |
| Employees (FTE) | 2 | 2 | 6.9 | 7.9 | ▲ 1 |
Key figures of J.M. CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to J.M. CONSTRUCT?
What happened at J.M. CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tom Melotte BV stepped down as director. NBB
- Jemi Consult BV stepped down as director. NBB
- Jeinepoel NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million (▼ € 2 million vs 2024). filed late Source: NBB ↗
- Tom Melotte BV became a director. NBB
- Jemi Consult BV became a director. NBB
- Jeinepoel NV became a director. NBB
- New establishment in Diepenbeek. KBO
In short
From € 2.2 million profit in 2022 to € 1.4 million loss in 2025.
Paid € 774 in corporate taxes since 2022.
Best year ever: 2022, with € 2.2 million profit.
Pays suppliers within 35 days on average.
A new publication or filing at J.M. CONSTRUCT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of Maasland Groefuitbating, 100% of Maclease, 100% of Machiels Real Estate, 100% of Health Sciece Park Limburg, 100% of Global Langerlo and 100% of Lanklaar Invest itself.
Directors
According to the 2025 annual accounts
Director · represented by Tom Melotte
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, Genk Cargo Connect, Machiels, TAMORCO, MACHIELS REAL ESTATE, MATRACO, MAC² SHIPPING +20 more
since 2025 · until 2029
Managing director · represented by Louis Machiels
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, Genk Cargo Connect, Machiels, TAMORCO, Waterleau Technics, MACHIELS REAL ESTATE, MATRACO +57 more
since 2023 · until 2029
Director · represented by Fabienne Soetaers
Also active at: TAMORCO, J.M. RECYCLING, IMMO REVA, GOMAC Invest, EXPANDUS, KORTENBOSCH
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Ekkelgaarden 16
3500 Hasselt
Kapelstraat 17
3590 Diepenbeek
Active since 24 January 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Maasland Groefuitbating same network
€ 640,411 revenue · 2025
Remo - Milieubeheer same network
€ 285,259 revenue · 2025
Machiels same network
€ 983,476 revenue · 2025
TAMORCO same network
€ 126,000 revenue · 2025
MACHIELS REAL ESTATE same network
€ 2.1 million revenue · 2025
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.659.230
- VAT number
- BE 0439.659.230
- Registered office
- Ekkelgaarden 16, 3500 Hasselt
- Names & denominations
- J.M. CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1989
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
Activiteiten van holdings
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Beheer van overig onroerend goed
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Handel in eigen onroerend goed
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
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