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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
J.M.M.J. from Malmedy, company number BE0789750145, closed financial year 2025 with a result of € 19,354 after tax. For that financial year J.M.M.J. recorded a gross margin of € 49,670 and equity of € 747,084. Compared with financial year 2024, the result moved from € -45,842 to € 19,354. 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 July 10, 2026.
€ 747,084
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,354
▲ still € 45,842 loss in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -87,916.
Debts at end 2025
€ 242,201
▼ 10% vs 2024
€ 28,500 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,836
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,005 | € 1,601 | € -15,328 | € 49,670 | ▲ € 64,998 |
| Profit after taxes | € -42,800 | € -18,628 | € -45,842 | € 19,354 | ▲ € 65,196 |
| Equity | € 792,200 | € 773,572 | € 727,730 | € 747,084 | ▲ 3% |
| Total debts | € 6,760 | € 6,487 | € 1,011,392 | € 834,604 | ▼ 17% |
| Cash | € 26,108 | € 4,021 | € 2,842 | € 0 | ▼ 100% |
| Land & buildings | € 749,447 | € 744,916 | € 756,136 | € 491,282 | ▼ 35% |
| Retained profit | € -42,800 | € -61,428 | € -107,270 | € -87,916 | ▲ € 19,354 |
| Bank debt | € 0 | € 0 | € 268,375 | € 242,201 | ▼ 10% |
| Balance sheet total | € 798,960 | € 780,059 | € 1,739,122 | € 1,581,688 | ▼ 9% |
Key figures of J.M.M.J., 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.M.M.J.?
What happened at J.M.M.J. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Juliette NELLES stepped down as director. NBB
- Mathilde Nelles stepped down as director. NBB
- Jean NELLES stepped down as director. NBB
- Sylvie HEINRICHS stepped down as director. NBB
- Marie NELLES stepped down as director. NBB
- Charles NELLES stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 19,354. Source: NBB ↗
- New establishment in Malmedy. KBO
In short
From € 42,800 loss in 2022 to € 19,354 profit in 2025.
Best year ever: 2025, with € 19,354 profit.
Management
It owns 100% of RESIDENCE itself.
Directors
According to the 2025 annual accounts
Juliette NELLES
Director
· until 2028
Mathilde Nelles
Director
· until 2028
Jean NELLES
Director
Also active at: NELLES FRERES, COMUREX, BETON NELLES RECYCLAGE, NELLES TRANSPORTS, NELLES RECYCLAGE, HOLLOGNE DEVELOPPEMENT
· until 2028
Marie NELLES
Director
· until 2028
Charles NELLES
Managing director
Also active at: NELLES FRERES, BETON NELLES RECYCLAGE, RESIDENCE, NELLES RECYCLAGE, Foncière des Fagnes, ALEXANDRE IMMO, FINEL, HOLLOGNE DEVELOPPEMENT
· until 2028
Establishments
Establishment units
Physical locations of this company
Xhoffraix-Au-dessus des Trous 2
4960 Malmedy
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0789.750.145
- VAT number
- BE 0789.750.145
- Registered office
- Xhoffraix-Au-dessus des Trous 2, 4960 Malmedy
- Names & denominations
- J.M.M.J.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 2022
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Exploitatie van bossen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed