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 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
JM.B.A.S. from Morlanwelz, company number BE0879735362, closed financial year 2025 with a result of € -7,543 after tax. For that financial year JM.B.A.S. recorded a gross margin of € -2,148 and equity of € -24,001. Compared with financial year 2024, the result moved from € -4,290 to € -7,543. 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 November 25, 2025.
€ -24,001
▼ € 7,543 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,543
▼ 76 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -42,601.
People and assets in 2025
€ 7,924
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,525
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 658
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,556 | € -2,568 | € -6,323 | € -2,148 | ▲ € 4,175 |
| Profit after taxes | € 9,698 | € -7,928 | € -4,290 | € -7,543 | ▼ € 3,253 |
| Equity | € -4,240 | € -12,168 | € -16,458 | € -24,001 | ▼ € 7,543 |
| Total debts | € 18,984 | € 30,807 | € 38,613 | € 42,518 | ▲ 10% |
| Cash | € 150 | € 300 | - | - | |
| Retained profit | € -22,840 | € -30,768 | € -35,058 | € -42,601 | ▼ € 7,543 |
| Bank debt | € 9,950 | € 9,804 | € 8,996 | € 9,525 | ▲ 6% |
| Balance sheet total | € 14,744 | € 18,639 | € 22,155 | € 18,517 | ▼ 16% |
Key figures of JM.B.A.S., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to JM.B.A.S.?
What happened at JM.B.A.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Charleroi. KBO
- New annual accounts for financial year 2025: loss of € 7,543. filed late Source: NBB ↗
- Shelby MIDDAG became a director. NBB
- Magali MIDDAG became a director. NBB
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,698 profit in 2022 to € 7,543 loss in 2025.
Best year ever: 2022, with € 9,698 profit.
Management
Behind JM.B.A.S. are Magali MIDDAG and Shelby MIDDAG.
Directors
According to the 2025 annual accounts
Magali MIDDAG
Director
since 2024
Shelby MIDDAG
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue des Nations-Unies(MLZ) 6
7140 Morlanwelz
Rue des Hamendes 103
6042 Charleroi
Active since 1 April 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Au Bon Goût
ITER
€ 76,392 gross margin · 2025
MEFINCO INVEST IMMO
€ 13,880 gross margin · 2025
MEFINCO INVEST BUSINESS
€ -57 gross margin · 2022
MK CLEANING
€ 92,475 gross margin · 2024
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.735.362
- VAT number
- BE 0879.735.362
- Registered office
- Rue des Nations-Unies(MLZ) 6, 7140 Morlanwelz
- Names & denominations
- JM.B.A.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2006
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
Activiteiten van fitnesscentra
Exploitatie van fitnesscentra en gymnastiekzalen
Verhuur en lease van sport- en recreatieartikelen
Detailhandel in cosmetica en toiletartikelen
Activiteiten van kuuroorden, sauna’s en stoombaden
Exploitatie van sportaccommodaties
Overige lichaamsverzorging
Beheer en exploitatie van sportcentra
+2