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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Shrinking team NBB
FTE fell two years in a row, from 33.4 to 23.1.
Financials
Financial year 2025
JAM GROUP from Lokeren, company number BE0476596533, closed financial year 2025 with a result of € 4.2 million after tax. For that financial year JAM GROUP recorded revenue of € 26.5 million and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 3.1 million to € 4.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2026.
€ 6.2 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.2 million
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 11 million
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3 million paid out
72 % of the profit went to the shareholders, mostly to JN (100 % of the shares). That is where the money ends up.
People and assets in 2025
23.1
▼ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 9% vs 2024
€ 59,500 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.
€ 75,057
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.2 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 1.4 million
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 28,440,799 | € 26,549,557 | ▼ 7% |
| Gross margin | € 2,874,617 | € 4,786,179 | - | - | |
| Profit after taxes | € 700,567 | € 2,129,822 | € 3,080,480 | € 4,168,064 | ▲ 35% |
| Equity | € 2,069,243 | € 1,999,065 | € 5,079,545 | € 6,247,609 | ▲ 23% |
| Total debts | € 7,372,458 | € 7,631,892 | € 9,317,028 | € 10,782,521 | ▲ 16% |
| Cash | € 1,457,051 | € 3,041,377 | € 7,923,584 | € 10,973,198 | ▲ 38% |
| Land & buildings | € 12,809 | € 13,944 | € 78,321 | € 221,098 | ▲ 182% |
| Retained profit | € 1,847,675 | € 1,777,497 | € 4,857,977 | € 6,026,041 | ▲ 24% |
| Dividend | € 250,000 | € 2,200,000 | € 0 | € 3,000,000 | |
| Balance sheet total | € 9,441,701 | € 9,630,957 | € 14,396,574 | € 17,030,130 | ▲ 18% |
| Employees (FTE) | 36.6 | 33.4 | 26.7 | 23.1 | ▼ 3.6 |
By revenue, JAM GROUP ranks 4th of 10 companies with main activity “Bouw van civieltechnische werken voor elektriciteit en telecommunicatie” in Lokeren that publish figures (fiscal year 2025).
Key figures of JAM GROUP, 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.
Ask about JAM GROUP the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to JAM GROUP?
What happened at JAM GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.2 million (▲ 35% vs 2024). filed late Source: NBB ↗
- ZJSJ BV became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 700,567 profit in 2022 to € 4.2 million profit in 2025.
Paid € 5.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.2 million profit.
On average € 143,300 of value added per employee in 2023.
Management
The stake of JN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
JAM GROUPBehind JAM GROUP is ZJSJ BV. The shares are held by JN (100%).
Establishments
Establishment units
Physical locations of this company
Voshol 4
9160 Lokeren
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.
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Details
- Company number
- 0476.596.533
- VAT number
- BE 0476.596.533
- Registered office
- Voshol 4, 9160 Lokeren
- Names & denominations
- JAM GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2002
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen