Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
JSM CULINARY from Wavre, company number BE0468931058, closed financial year 2024 with a result of € 11,307 after tax. For that financial year JSM CULINARY recorded a gross margin of € 29,821 and equity of € -148,108. Compared with financial year 2023, the result moved from € -108,312 to € 11,307. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 26, 2026.
€ -148,108
▲ € 11,307 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,307
▲ still € 108,312 loss in 2023
Profit after tax over the fiscal year.
€ 2,867
▲ 232% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -154,408.
Debts at end 2024
€ 392,385
▼ 4% vs 2023
€ 2,575 is repaid this year. At this pace the long-term loan is gone in ≈ 152 years.
€ 10,078
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -35,320 | € 16,807 | € -60,889 | € 29,821 | ▲ € 90,709 |
| Profit after taxes | € -88,148 | € -27,346 | € -108,312 | € 11,307 | ▲ € 119,619 |
| Equity | € -23,756 | € -51,102 | € -159,415 | € -148,108 | ▲ € 11,307 |
| Total debts | € 655,564 | € 672,960 | € 758,022 | € 794,045 | ▲ 5% |
| Cash | € 7,406 | € 2,558 | € 864 | € 2,867 | ▲ 232% |
| Land & buildings | € 590,572 | € 576,290 | € 554,386 | € 532,481 | ▼ 4% |
| Retained profit | € -30,056 | € -57,402 | € -165,715 | € -154,408 | ▲ € 11,307 |
| Bank debt | € 449,734 | € 430,315 | € 409,926 | € 392,385 | ▼ 4% |
| Balance sheet total | € 631,808 | € 621,858 | € 598,607 | € 645,938 | ▲ 8% |
Key figures of JSM CULINARY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to JSM CULINARY?
What happened at JSM CULINARY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 108,312. filed late Source: NBB ↗
- Sandrine Niclaus became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,148 loss in 2021 to € 11,307 profit in 2024.
Paid € 105 in corporate taxes since 2021.
Best year ever: 2024, with € 11,307 profit.
Management
Behind JSM CULINARY is Sandrine Niclaus. Sandrine Niclaus is also behind Petro Standard Belgium, U - 2000, SACRIFI, TETELA FOOD and ISUTIA.
Directors
According to the 2024 annual accounts
Sandrine Niclaus
Director
Also active at: Petro Standard Belgium, U - 2000, SACRIFI, TETELA FOOD, ISUTIA, ISI EVENT
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Biernaux 18
1301 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.931.058
- VAT number
- BE 0468.931.058
- Registered office
- Rue Biernaux 18, 1301 Wavre
- Names & denominations
- JSM CULINARY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1999
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen