ACTIVE

J+M

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €-0,0 %over 1 year

Gross margin1,7 M €-2,1 %over 1 year

Equity1,5 M €-49,1 %over 1 year

Identity

Source · BCE/KBO

J+M is a Public limited company incorporated in 1969. Its registered office is in Saint-Gilles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0406.801.073
Incorporation: 01/07/1969
Legal form: Public limited company
Registered office: Avenue Brugmann 27A
1060 Saint-Gilles · BruxellesSee on map
Contributed capital: 271 500,00 €
Latest accounts: 31/12/2025

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2019
Income statement
Gross margin	1,7 M €	-2.1%	1,7 M €	+5481%	30,7 k €	+27.8%	24 k €	-96.2%	639,1 k €
EBITDA	1,7 M €	-2.0%	1,7 M €	+18141%	9,4 k €	+23.5%	7,6 k €	-95.3%	162,5 k €
Operating result	1,7 M €	-2.0%	1,7 M €	+4340%	-40,3 k €	+4.2%	-42,1 k €	-363%	16 k €
Net result	1,3 M €	-0.0%	1,3 M €	+4835%	27,2 k €	+179%	-34,5 k €	-287%	18,5 k €
Balance sheet
Equity	1,5 M €	-49.1%	3 M €	+79.6%	1,7 M €	+1.6%	1,7 M €	+0.2%	1,7 M €
Total assets	6,4 M €	+93.7%	3,3 M €	+58.3%	2,1 M €	+0.2%	2,1 M €	-20.4%	2,6 M €
Cash	9,2 k €	+65.3%	5,6 k €	-24.0%	7,3 k €	-83.6%	44,9 k €	-82.9%	261,8 k €
Debts	4,8 M €	+1762%	259,2 k €	-33.7%	390,8 k €	-5.0%	411,3 k €	-54.9%	911,5 k €
Other
Workforce	–		–		–		–		10,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
E - MAPROD0475.285.350Represented by STEPHANE BENAYM	Director14/03/2022 → 14/03/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christophe DE WALQUE	Directorlisted until the 2019 accounts
Julien NEYTS	Directorlisted until the 2019 accounts
Laurent GRAAS	Directorlisted until the 2019 accounts
Henri Majerus	Managing director13/06/2017 → 2018 accounts

Other companies at this address

Avenue Brugmann 27A 1060 Saint-Gilles

Company	CBE no.
ARTE MA● Active	0478.564.742
BBC DEVELOPMENT● Active	0731.620.619
BBC RED● Active	0736.833.180
BBR 36● Active	0874.759.262
BBR Belgium● Active	0876.914.246
BBR PLUS● Active	0436.391.221
BBR Properties● Active	0808.078.294
BYBE● Active	0806.733.459
E - MAPROD● Active	0475.285.350
GLIDA IMMO● Active	0651.993.814
Hornes 4● Active	0761.677.355
IDALIEBOURG● Active	0867.011.932
KEYS FOR FUTURE● Active	0696.710.418
La Commerciale Nord● Active	0403.209.402
La Foncière Bovenberg● Active	0785.993.275
MIDDELBOURG GARDEN● Active	0830.687.808
QAF● Active	0783.410.503
RIX RETAIL 2● Active	0641.929.964
RIX RETAIL 3● Active	0725.875.249
SENA● Active	0438.153.156

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	01/07/2025	10/07/2024	29/08/2023	02/12/2022	29/09/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	14/08/2023	10/06/2022	11/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	01/07/2025	French	PDF
Abridged model	31/12/2023	28/06/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	14/08/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	10/06/2022	02/12/2022	French	PDF
Abridged model	31/12/2020	11/06/2021	29/09/2021	French	PDF
Abridged model	31/12/2019	15/09/2020	18/12/2020	French	PDF
Abridged modelCorrection	31/12/2018	14/06/2019	30/09/2019	French	PDF
Abridged model	31/12/2018	14/06/2019	17/07/2019	French	PDF
Abridged model	31/12/2017	08/06/2018	31/07/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	26/07/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	29/07/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	31/07/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	18/07/2013	French	PDF
Abridged model	31/12/2011	13/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	24/06/2011	French	PDF
Abridged model	31/12/2009	11/06/2010	06/07/2010	French	PDF
Abridged model	31/12/2008	12/06/2009	14/07/2009	French	PDF
Abridged model	31/12/2007	13/06/2008	03/07/2008	French	PDF
Abridged model	31/12/2006	08/06/2007	12/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
E - MAPROD0475.285.350Represented by STEPHANE BENAYM	Director14/03/2022 → 14/03/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christophe DE WALQUE	Directorlisted until the 2019 accounts
Julien NEYTS	Directorlisted until the 2019 accounts
Laurent GRAAS	Directorlisted until the 2019 accounts
Henri Majerus	Managing director13/06/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring20/02/2025
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring31/10/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other27/02/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates23/05/2022
DENOMINATION - ASSEMBLEE GENERALE
PDF
Mandates25/03/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates25/03/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Restructuring23/03/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates06/03/2020
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

E - MAPROD

Julien NEYTS

Laurent GRAAS

Christophe DE WALQUE

Henri Majerus

YMACO

Reine TRAPPENIERS

196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

J+MMajérusAteliers J.P. Majerus et fils - J.P. Majerus en zonen Werkhuizen

Avenue Brugmann 27A, 1060 Saint-Gilles

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Brugmann 27A, 1060 Saint-GillesCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00248681
Avenue Brugmann 27 bte A, 1060 Saint-Gilles	accounts 2022	Accounts 2022 · 2023-00414568

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
J+MCurrent	accounts 2025	Accounts 2025 · 2026-00248681
Majérus	accounts 2022 → 2024	Accounts 2024 · 2025-00255172
Ateliers J.P. Majerus et fils - J.P. Majerus en zonen Werkhuizen	accounts 2006 → 2019	Accounts 2019 · 2020-76300350

Events

2025
Annual accounts 20251,3 M €↓
2025
Name changeJ+M
2024
Annual accounts 20241,3 M €↑
2023
Annual accounts 202327,2 k €↑
2022
Annual accounts 2022-34,5 k €↓
2022
Name changeMajérus
2019
Annual accounts 201918,5 k €↑
2018
Annual accounts 2018-5,4 k €↓
2017
Annual accounts 201774 k €↑
2016
Annual accounts 2016-56,7 k €↑
2015
Annual accounts 2015-98,3 k €↓
2014
Annual accounts 201464,7 k €↑
2013
Annual accounts 201354,4 k €↓
2012
Annual accounts 201274,6 k €↑
2011
Annual accounts 201118,1 k €↓
2010
Annual accounts 201041,9 k €↓
2009
Annual accounts 200972,8 k €↓
2008
Annual accounts 2008256 k €↓
2007
Annual accounts 2007278,1 k €↑
2006
Annual accounts 2006202 k €
01/07/1969
IncorporationPublic limited company

J+M

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events