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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
JMW Participaties from Kortemark, company number BE0736606023, closed financial year 2025 with a result of € 13.9 million after tax. For that financial year JMW Participaties recorded a gross margin of € -73,545 and equity of € 27.7 million. Compared with financial year 2024, the result moved from € -87,470 to € 13.9 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 March 19, 2026.
€ 27.7 million
▲ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13.9 million
▲ still € 87,470 loss in 2024
Profit after tax over the fiscal year.
€ 8.9 million
▲ € 8.8 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
10 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 419,942
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -36,442 | € -123,484 | € -173,792 | € -73,545 | ▲ € 100,247 |
| Profit after taxes | € 36,472 | € -85,249 | € -87,470 | € 13,909,721 | ▲ € 14 million |
| Equity | € 15,355,517 | € 15,270,268 | € 15,182,798 | € 27,662,520 | ▲ 82% |
| Total debts | € 6,201 | € 10,400 | € 7,019 | € 1,861,897 | ▲ € 1.9 million |
| Cash | € 1,811,583 | € 1,171,139 | € 92,201 | € 8,920,828 | ▲ € 8.8 million |
| Retained profit | € 14,653,158 | € 14,567,908 | € 14,480,439 | € 26,960,160 | ▲ 86% |
| Dividend | € 0 | € 0 | € 0 | € 1,430,000 | |
| Balance sheet total | € 15,361,718 | € 15,280,668 | € 15,189,818 | € 29,524,417 | ▲ 94% |
Key figures of JMW Participaties, 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 JMW Participaties?
What happened at JMW Participaties in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13.9 million. Source: NBB ↗
- Thomas Desimpel became a director. NBB
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,472 profit in 2022 to € 13.9 million profit in 2025.
Paid € 419,942 in corporate taxes since 2022.
Best year ever: 2025, with € 13.9 million profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
Behind JMW Participaties is Thomas Desimpel. It owns 33.3% of Ficor and 19.1% of Tosalu itself.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 38
8610 Kortemark
Oude Gentweg 81
8820 Torhout
Active since 21 October 2019
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
- 0736.606.023
- VAT number
- BE 0736.606.023
- Registered office
- Nieuwstraat 38, 8610 Kortemark
- Names & denominations
- JMW Participaties
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2019
- Peppol
- Not registered