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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
JULMA PROJECTS from Roeselare, company number BE0776454118, closed financial year 2024 with a result of € -14,167 after tax. For that financial year JULMA PROJECTS recorded a gross margin of € -1,395 and equity of € 1,006. Compared with financial year 2023, the result moved from € -9,827 to € -14,167. The company made a loss. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2024.
€ 1,006
▼ 93% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,167
▼ 44 % more loss than in 2023
Profit after tax over the fiscal year.
€ 51,315
▼ 66% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,994.
Debts at end 2024
€ 176,015
Loans from banks and other lenders, long and short.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -4,593 | € -1,395 | ▲ € 3,198 |
| Profit after taxes | € -9,827 | € -14,167 | ▼ € 4,340 |
| Equity | € 15,173 | € 1,006 | ▼ 93% |
| Total debts | € 457,898 | € 457,898 | |
| Cash | € 152,331 | € 51,315 | ▼ 66% |
| Retained profit | € -9,827 | € -23,994 | ▼ € 14,167 |
| Bank debt | € 176,015 | € 176,015 | |
| Balance sheet total | € 473,071 | € 458,904 | ▼ 3% |
Key figures of JULMA PROJECTS, fiscal years 2023 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 30 January 2026.
What happened to JULMA PROJECTS?
What happened at JULMA PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 14,167. Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,827 loss in 2023 to € 14,167 loss in 2024.
Management
Behind JULMA PROJECTS is Francis Debruyne. Francis Debruyne is also behind AquaFlanders.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Zwingelaarsstraat 20
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.454.118
- VAT number
- BE 0776.454.118
- Registered office
- Zwingelaarsstraat 20, 8800 Roeselare
- Names & denominations
- JULMA PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2021
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
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