JMD PROJECT
ActiveJMD PROJECT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €-5k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▲+16
Solvency47=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 5.43 against 4.19 in 2024; short-term debt: 15.2% and cash: 0.9% of total assets), but 78.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.7%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 31540 sector peers (2025).
NBB · sector comparisonPosition among 31540 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
14 d early
2024
1 d early
2023
51 d early
2022
30 d late
2021
45 d early
2020
34 d late
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€56k▼ 7.8%
2024 · €61k
2018: €16k
2019: €31k
2020: €21k
2021: €33k
2022: €68k
2023: €99k
2024: €61k
2018 → 2025
Total assets
€258k▼ 7.0%
2024 · €278k
2018: €22k
2019: €57k
2020: €31k
2021: €52k
2022: €89k
2023: €321k
2024: €278k
2018 → 2025
Net result
€-5k▲ 79.4%
2024 · €-23k
2018: €9k
2019: €30k
2020: €-10k
2021: €12k
2022: €35k
2023: €32k
2024: €-23k
2018 → 2025
Working capital
€173k▼ 1.6%
2024 · €176k
2018: €15k
2019: €31k
2020: €21k
2021: €42k
2022: €58k
2023: €209k
2024: €176k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€68k▲ 106%€99k▲ 44.2%€61k▼ 38.5%€56k▼ 7.8%
Operating result€16k-€52k▲ 222%€43k▼ 18.7%€-12k€10k
Net result€12k-€35k▲ 184%€32k▼ 10.2%€-23k€-5k▲ 79.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €258k
Fixed assets
€45k▼ 1.4%
Current assets
€213k▼ 8.1%
Equity and liabilities €258k
Equity
€56k▼ 7.8%
Debt
€202k▼ 6.8%
The debt ratio rises from 78.2% to 78.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €329
Cash flow
€1k▲
2024 · €-10k
Solvency
21.7%▼
2024 · 21.8%
Current ratio
5.43▲
2024 · 4.19
Quick ratio
0.74▼
2024 · 0.86
Debt / equity
3.62▲
2024 · 3.58
ROE
-8.5%▲
2024 · -38.0%
ROA
-1.8%▲
2024 · -8.3%
Interest coverage
1.00▲
2024 · 0.03
Debt
€202k▼
2024 · €217k
Debt ≤ 1 year
€39k▼
2024 · €55k
Debt > 1 year
€163k▲
2024 · €160k
Income taxes
€79▼
2024 · €186
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€278k€258k▼
Fixed assets21/28€46k€45k▼
Tangible fixed assets22/27€46k€45k▼
Furniture and vehicles24€39k€1k▼
Leasing and similar rights25-€38k
Other tangible fixed assets26€7k€6k▼
Current assets29/58€231k€213k▼
Stocks and contracts in progress3€184k€184k=
Stocks30/36€184k€184k=
Amounts receivable within one year40/41€41k€26k▼
Trade receivables40€5k€7k▲
Other amounts receivable41€36k€19k▼
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€3k€556▼
Equity and liabilities
Total equity and liabilities10/49€278k€258k▼
Equity10/15€61k€56k▼
Contributions10/11€12k€12k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€14k€10k▼
Amounts payable17/49€217k€202k▼
Amounts payable after more than one year17€160k€163k▲
Financial debts170/4€160k€163k▲
Amounts payable within one year42/48€55k€39k▼
Current portion of amounts payable after more than one year42€9k€8k▼
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Other amounts payable47/48€32k€21k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€6k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€0€12k▲
Gross operating margin9900€1k€30k▲
Operating profit (loss)9901€-12k€10k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€12k€16k▲
Recurring financial charges65€12k€16k▲
Profit (loss) for the period before taxes9903€-23k€-5k▲
Income taxes67/77€186€79▼
Profit (loss) for the period9904€-23k€-5k▲
Profit (loss) for the period to be appropriated9905€-23k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€10k▼
Profit (loss) brought forward from the previous period14P€37k€14k▼
Transfer from equity791/2€15k-
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-23k ▼173%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €35k ▲184%
Operating result €52k, net result €35k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 7.01
Current ratio from 3.05 to 7.01; short-term debt falls from €10k to €7k.
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mont-Saint-Guibert · 1 establishment unit since 2017
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.
Rue Fontaine aux Corbeaux 291435 Mont-Saint-GuibertGround area
1,158 m²
Building footprint
115 m²
Parcel 25040A0068/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
JMD PROJECT
since 20172.269.887.694
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25040A0068/00H000 | Wallonia | 1,158 m² | 1 · 115 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Reinhold Schepers
BE 0767.988.491
Kortrijk · Eq €56k
TLCM
BE 0897.062.235
Tournai · Eq €56k
SOPA CONSULT
BE 0898.649.471
Tournai · Eq €56k
SETH
BE 0684.833.163
Waasmunster · Eq €56k
REDECOR
BE 0862.157.873
Merelbeke-Melle · Eq €56k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 38,635 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.