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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JMDB from Gent, company number BE0874565064, closed financial year 2025 with a result of € -1,533 after tax. For that financial year JMDB recorded a gross margin of € 6,601 and equity of € -63,679. Compared with financial year 2024, the result moved from € -8,775 to € -1,533. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ -63,679
▼ € 1,533 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,533
▲ 83 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,102
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -82,279.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 12,457
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 4,337
▲ € 4,195 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13
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 | € 4,991 | € 3,809 | € 4,776 | € 6,601 | ▲ 38% |
| Profit after taxes | € -9,228 | € -10,546 | € -8,775 | € -1,533 | ▲ € 7,242 |
| Equity | € -42,825 | € -53,371 | € -62,146 | € -63,679 | ▼ € 1,533 |
| Total debts | € 83,639 | € 80,298 | € 76,812 | € 73,568 | ▼ 4% |
| Cash | € 13,817 | € 10,256 | € 8,259 | € 8,102 | ▼ 2% |
| Land & buildings | € 24,921 | € 14,953 | € 4,984 | € 0 | ▼ 100% |
| Retained profit | € -61,425 | € -71,971 | € -80,746 | € -82,279 | ▼ € 1,533 |
| Bank debt | € 46,732 | € 35,801 | € 24,383 | € 12,457 | ▼ 49% |
| Balance sheet total | € 40,814 | € 26,927 | € 14,666 | € 9,889 | ▼ 33% |
Key figures of JMDB, 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 JMDB?
What happened at JMDB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,533. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,228 loss in 2022 to € 1,533 loss in 2025.
Management
Behind JMDB is JEAN-MARC DE BRAEKELEIR.
Directors
According to the 2025 annual accounts
JEAN-MARC DE BRAEKELEIR
Director
Establishments
Establishment units
Physical locations of this company
Zeeschipstraat 171
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0874.565.064
- VAT number
- BE 0874.565.064
- Registered office
- Zeeschipstraat 171, 9000 Gent
- Names & denominations
- JMDB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2005
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Overige bouwinstallatie
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Overig loodgieterswerk
Installatie van verwarming, klimaatregeling en ventilatie
Overige bouwinstallatie, n.e.g.