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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 32 to 28.
Financials
Financial year 2025
JM CONSTRUCT from Maaseik, company number BE0452056127, closed financial year 2025 with a result of € -6,198 after tax. For that financial year JM CONSTRUCT recorded revenue of € 6.6 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € -34,436 to € -6,198. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 3.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,198
▲ 82 % less loss than in 2024
Profit after tax over the fiscal year.
€ 106,752
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
28
▼ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 17% vs 2024
€ 62,700 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.
€ 7.4 million
▼ 5% vs 2024
Of which on lease € 7.3 million.
Debts at end 2025
€ 5.7 million
▼ 10% vs 2024
€ 560,933 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1.2 million
▲ 130% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.
€ 323,893
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 9,588,427 | € 7,574,682 | € 6,591,770 | ▼ 13% |
| Gross margin | € 2,565,464 | - | - | - | |
| Profit after taxes | € 77,415 | € 280,536 | € -34,436 | € -6,198 | ▲ € 28,238 |
| Equity | € 1,592,632 | € 1,873,168 | € 3,875,233 | € 3,869,035 | |
| Total debts | € 5,419,266 | € 9,527,441 | € 7,653,394 | € 7,946,941 | ▲ 4% |
| Cash | € 370,840 | € 348,000 | € 84,756 | € 106,752 | ▲ 26% |
| Land & buildings | € 120,190 | € 189,144 | € 136,127 | € 102,025 | ▼ 25% |
| Retained profit | € 1,268,638 | € 1,549,174 | € 1,514,739 | € 1,508,541 | |
| Bank debt | € 3,767,169 | € 7,919,340 | € 6,408,882 | € 5,736,806 | ▼ 10% |
| Balance sheet total | € 7,026,723 | € 11,412,469 | € 11,537,522 | € 11,821,906 | ▲ 2% |
| Employees (FTE) | 27.5 | 32 | 31.8 | 28 | ▼ 3.8 |
Key figures of JM 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 JM CONSTRUCT?
What happened at JM CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,198. filed late Source: NBB ↗
- New establishment in Maaseik. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,415 profit in 2022 to € 6,198 loss in 2025.
Paid € 183,980 in corporate taxes since 2022.
Best year ever: 2023, with € 280,536 profit.
On average € 93,300 of value added per employee in 2022.
Management
The stake of JM HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
JM CONSTRUCTBehind JM CONSTRUCT are Magda JANSSEN and Guy SCHELFHOUT. The shares are held by JM HOLDING (99%).
Directors
According to the 2025 annual accounts
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Broekbergweg 10
3680 Maaseik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.056.127
- VAT number
- BE 0452.056.127
- Registered office
- Broekbergweg 10, 3680 Maaseik
- Names & denominations
- JM CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan