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JABELMAT

Active
Public limited companyfounded 196858 yrs activeZaha Hadidplein 1, 2030 Antwerpen, BelgiumKBO/BCE: BE 0404.479.013
Summary

JABELMAT has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.40M and a net result of €101k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1696 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
94 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+33
Solvency100=
Growth68▲+17
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 4.55 against 4.59 in 2023; short-term debt: 2.7% of total assets), and 2.8% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 58 years 0 60 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
97.2%
Return on assets
1.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
48 d early
2022
38 d early
2021
128 d early
2020
87 d early
2019
88 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover
€808k▲ 149%
2023 · €324k
2021: €296k 2022: €317k 2023: €324k
2021 → 2024
EBIT margin
16.8%▲ 2.7pp
2023 · 14.1%
2021: 12.3% 2022: 10.5% 2023: 14.1%
2021 → 2024
Net result
€101k▲ 195%
2023 · €34k
2018: €150k 2019: €25k 2020: €145k 2021: €19k 2022: €29k 2023: €34k
2018 → 2024
Working capital
€532k▲ 18.4%
2023 · €449k
2018: €372k 2019: €308k 2020: €364k 2021: €384k 2022: €415k 2023: €449k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€296k€317k▲ 7.1%€324k▲ 2.4%€808k▲ 149%
Equity€1.11M-€1.13M▲ 1.7%€1.16M▲ 2.6%€1.20M▲ 2.9%€5.40M▲ 351%
Operating result€249k-€36k▼ 85.4%€33k▼ 8.3%€46k▲ 37.5%€136k▲ 197%
Net result€145k-€19k▼ 86.7%€29k▲ 51.9%€34k▲ 16.6%€101k▲ 195%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2020: €249k€249kNet result 2020: €145k€145kOperating result 2021: €36k€36kNet result 2021: €19k€19kOperating result 2022: €33k€33kNet result 2022: €29k€29kOperating result 2023: €46k€46kNet result 2023: €34k€34kOperating result 2024: €136k€136kNet result 2024: €101k€101k20202021202220232024€0€50k€100k€150kOperating result 2022: €33k€33kNet result 2022: €29k€29kOperating result 2023: €46k€46kNet result 2023: €34k€34kOperating result 2024: €136k€136kNet result 2024: €101k€101k202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 197% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.55M
Fixed assets €4.87M ▲ 550%
Current assets €682k ▲ 18.7%
Equity and liabilities €5.55M
Equity €5.40M ▲ 351%
Debt €153k ▲ 20.5%
Debt's share of the balance-sheet total falls from 9.6% to 2.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€137k
Cash flow
€102k
Current ratio
4.55
2023 · 4.59
Quick ratio
1.93
2023 · 2.03
Debt to equity
0.03
2023 · 0.11
ROE
1.9%
2023 · 2.9%
ROA
1.8%
2023 · 2.6%
Interest coverage
676.85
Debt ≤ 1 year
€150k
2023 · €125k
Income taxes
€36k
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.32M€5.55M
Fixed assets21/28€748k€4.87M
Tangible fixed assets22/27€748k€4.87M
Land and buildings22€748k€4.87M
Current assets29/58€575k€682k
Stocks and contracts in progress3€321k€392k
Stocks30/36€321k€392k
Amounts receivable within one year40/41€78k€289k
Trade receivables40€50k€168k
Other amounts receivable41€28k€121k
Cash at bank and in hand54/58€153k-
Deferred charges and accrued income490/1€22k€963
Equity and liabilities
Total equity and liabilities10/49€1.32M€5.55M
Equity10/15€1.20M€5.40M
Contributions10/11€332k€4.43M
Capital10€332k€4.43M
Issued capital100€332k€4.43M
Outside capital11€13€13=
Share premium1100/10€13€13=
Reserves13€658k€663k
Non-distributable reserves130/1€44k€49k
Legal reserve130€44k€49k
Distributable reserves133€614k€614k=
Profit (loss) carried forward14€207k€303k
Amounts payable17/49€127k€153k
Amounts payable within one year42/48€125k€150k
Trade debts44€124k€140k
Suppliers440/4€124k€140k
Taxes, remuneration and social security45€2k€10k
Taxes450/3€2k€10k
Accrued charges and deferred income492/3€2k€3k
Income statement Code20232024
Turnover70€324k€808k
Goods, raw materials, services and sundry goods60/61€245k€712k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k-
Other operating charges640/8€34k€22k
Non-recurring operating charges66A€65k-
Gross operating margin9900€139k€159k
Operating profit (loss)9901€46k€136k
Financial income75/76B€382€1k
Recurring financial income75€382€1k
Financial charges65/66B€468€203
Recurring financial charges65€468€203
Profit (loss) for the period before taxes9903€46k€137k
Income taxes67/77€11k€36k
Profit (loss) for the period9904€34k€101k
Profit (loss) for the period to be appropriated9905€34k€101k
Appropriation of the result
Profit (loss) to be appropriated9906€207k€308k
Profit (loss) brought forward from the previous period14P€173k€207k
Transfer to equity691/2-€5k
To the legal reserve6920-€5k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €5MEq €5.40M ▲351%
7 profitable years in a row build equity to €5.40M.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €19k ▼86.7%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 8.68
Current ratio from 3.72 to 8.68; short-term debt falls from €134k to €50k.
05-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
26-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 391 days late
2017
13-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1992
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zaha Hadidplein 12030 Antwerpen
Ground area
9,685 m²
Building footprint
2,645 m²
Volume, LiDAR
44,581 m³
2 parcels, Flanders · tallest building 61.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
JABELMAT NV
Dreefstraat(DOEL) 3, 9130 Beveren-Kruibeke-ZwijndrechtGrowing of cereals (except rice), leguminous crops and oil seeds
since 19922.104.789.043
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46006E0183/00L000 Flanders 6,812 m² 1 · 183 m² 8.4 m · 2 fl.
11807G1433/02E000
ProtectedMonumentBrandweerkazerneSource ↗
Flanders 2,873 m² 1 · 2,462 m² 61.2 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 3,309 EUR paid
Year Entries awardedpaid
2025 1 0 EUR3,309 EUR
Schemes
Jachtfonds
1 entry · 3,309 EUR paid · DAB Fonds voor Preventie en Sanering inzake Leefmilieu en Natuur

Recognitions · licences · registrations

Food safety, FASFC

1 site
Beveren-Kruibeke-Zwijndrecht2.104.789.043
2 permissions
Groententeeltbedrijf · since 01-04-2023
Boerderij - akkerbouw · since 07-11-2008

Similar companies · same sector, comparable size

Of 20,588 companies in sector 01500 we hold annual accounts for 1,149. 399 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

General meetings

1 convocation
General meeting
published 17-04-2015
Jaarverslag, Goedkeuring jaarrekening. Bestemming resul- taat. Kwijting bestuurders. Varia.