Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
J&J The Must from Elsene, company number BE0654899854, closed financial year 2025 with a result of € -12,378 after tax. For that financial year J&J The Must recorded a gross margin of € 12,210 and equity of € 48,761. Compared with financial year 2024, the result moved from € -577 to € -12,378. 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.
€ 48,761
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,378
▼ 2044 % more loss than in 2024
Profit after tax over the fiscal year.
€ 39,119
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,761.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 21,032
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 21,185
▼ 16% vs 2024
€ 4,153 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 70,966
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,786
▼ 90% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,150 | € 30,327 | € 20,643 | € 12,210 | ▼ 41% |
| Profit after taxes | € 29,999 | € 19,196 | € -577 | € -12,378 | ▼ € 11,801 |
| Equity | € 42,520 | € 61,716 | € 61,139 | € 48,761 | ▼ 20% |
| Total debts | € 162,755 | € 120,395 | € 158,883 | € 97,343 | ▼ 39% |
| Cash | € 51,153 | € 36,259 | € 71,635 | € 39,119 | ▼ 45% |
| Retained profit | € 22,520 | € 41,716 | € 41,139 | € 28,761 | ▼ 30% |
| Bank debt | € 0 | € 0 | € 25,103 | € 21,185 | ▼ 16% |
| Balance sheet total | € 205,276 | € 182,111 | € 220,022 | € 146,103 | ▼ 34% |
Key figures of J&J The Must, 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&J The Must?
What happened at J&J The Must in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,378. filed late Source: NBB ↗
- Jeannine Tielemans became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,999 profit in 2022 to € 12,378 loss in 2025.
Paid € 11,782 in corporate taxes since 2022.
Best year ever: 2022, with € 29,999 profit.
A new publication or filing at J&J The Must? 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
Behind J&J The Must is Jeannine Tielemans.
Directors
According to the 2025 annual accounts
Jeannine Tielemans
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Emile Duraylaan 60
1050 Elsene
Emile Duraylaan 60 box RC
1050 Elsene
Active since 23 May 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0654.899.854
- VAT number
- BE 0654.899.854
- Registered office
- Emile Duraylaan 60, 1050 Elsene
- Names & denominations
- J&J The Must
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2016
- Peppol
- Active · Active since 31 Mar 2025
- Activities · NACE
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Groothandel in huismeubilair
Detailhandel in vis en schaal- en weekdieren
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Groothandel in vlees van wild en van gevogelte
Detailhandel in wijnen en geestrijke dranken
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