ACTIVE

J.M. CONSTRUCT

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Financial year 2025 · Closed on 31/12/2025

Net result-1,4 M €-332,5 %over 1 year

Revenue2,3 M €-36,6 %over 1 year

Equity48,3 M €-2,8 %over 1 year

Workforce7,9 ETP+14,5 %over 1 year

Identity

Source · BCE/KBO

J.M. CONSTRUCT is a Public limited company incorporated in 1989. Its main activity is: Activities of holding companies. Its registered office is in Hasselt. It employs on average 7,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.659.230
Incorporation: 22/12/1989
Legal form: Public limited company
Registered office: Ekkelgaarden 16
3500 Hasselt · FlandreSee on map
Contributed capital: 4 597 857,44 €
Latest accounts: 31/12/2025
Average workforce: 7,9 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70322Activities of head offices; management consultancy activities 81100Combined facilities support activities 81100Combined facilities support activities 68100Buying and selling of own real estate+4

Joint committees (2)

Signals

Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,3 M €	-36.6%	3,6 M €	+159%	1,4 M €	-17.0%	1,7 M €	-1.8%	1,7 M €
EBITDA	-925,8 k €	-267%	554,9 k €	+228%	169,3 k €	-61.7%	442 k €	+989%	-49,7 k €
Operating result	-931,9 k €	-270%	548,9 k €	+224%	169,3 k €	-61.7%	442 k €	+989%	-49,7 k €
Net result	-1,4 M €	-332%	598,6 k €	-61.4%	1,5 M €	-28.7%	2,2 M €	+19.7%	1,8 M €
Balance sheet
Equity	48,3 M €	-2.8%	49,7 M €	+1.2%	49,1 M €	+3.3%	47,5 M €	+4.8%	45,4 M €
Total assets	98,4 M €	-7.0%	105,8 M €	+43.0%	74 M €	+7.7%	68,7 M €	+21.3%	56,7 M €
Cash	2,7 k €	-24.5%	3,6 k €	+166%	1,3 k €	-71.6%	4,7 k €	-96.3%	127,9 k €
Debts	49,7 M €	-11.3%	56 M €	+128%	24,6 M €	+16.7%	21,1 M €	+87.0%	11,3 M €
Other
Workforce	7,9 ETP	+14.5%	6,9 ETP	+245%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tom Melotte0802.611.751Represented by Tom Melotte	Director01/12/2025 → 27/06/2029
JEINEPOEL0885.310.288Represented by Fabienne SOETAERS	Director02/06/2008 → 27/06/2029
JEMI CONSULT0827.597.565Represented by Louis MACHIELS	Managing director05/06/2012 → 27/06/2029Directorlisted until the 2011 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pampelonne0781.387.854Represented by Marieke MEUGENS	Director01/09/2023 → 2024 accounts
EPH & PARTNERS0460.568.866Represented by Emiel Philipsen	Director04/06/2018 → 2020 accounts

Other companies at this address

Ekkelgaarden 16 3500 Hasselt

Company	CBE no.
Battery of Limburg● Active	1001.750.474
BIO-ENERGY● Active	0873.224.484
BTW EENHEID "MAASLAND ENERGY"● Active	0704.783.885
BTWE MACLEASE SOLUTIONS● Active	0744.447.383
CONSORTIUM HASSELT● Active	0692.549.910
DECOVEMA● Active	1013.389.187
DECOVEMA 2● Active	1035.009.004
DECOVEMA Infra en Construct● Active	1035.009.301
DE VAART INVEST● Active	0660.672.938
ECOMAC● Active	0474.939.219
GATEWAY GENK● Active	1023.141.152
Global Langerlo● Active	0711.873.397
Health Science Park of Limburg● Active	1007.153.968
J.M. RECYCLING● Active	0439.652.993
LANKLAAR INVEST● Active	0771.432.783
Leopol Holding● Active	1042.402.382
Maasland Groefuitbating● Active	0401.327.008
Machiels● Active	0413.665.903
MACHIELS BUILDING SOLUTIONS● Active	0816.885.696
MACHIELS REAL ESTATE● Active	0421.095.113

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	06/08/2026	29/08/2025	08/08/2024	11/08/2023	29/07/2022	11/08/2021
General meeting	27/06/2026	27/06/2025	27/06/2024	05/06/2023	07/06/2022	07/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/06/2026	06/08/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	08/08/2024	Dutch	PDF
Full model	31/12/2022	05/06/2023	11/08/2023	Dutch	PDF
Full model	31/12/2021	07/06/2022	29/07/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	11/08/2021	Dutch	PDF
Full model	31/12/2019	06/06/2020	13/08/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	31/07/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	26/07/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	03/08/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	19/07/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	30/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	12/08/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	22/07/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	03/08/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	12/08/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	16/07/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	14/07/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	27/08/2008	Dutch	PDF
Full model	31/12/2006	04/06/2007	12/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

3 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tom Melotte0802.611.751Represented by Tom Melotte	Director01/12/2025 → 27/06/2029
JEINEPOEL0885.310.288Represented by Fabienne SOETAERS	Director02/06/2008 → 27/06/2029
JEMI CONSULT0827.597.565Represented by Louis MACHIELS	Managing director05/06/2012 → 27/06/2029Directorlisted until the 2011 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pampelonne0781.387.854Represented by Marieke MEUGENS	Director01/09/2023 → 2024 accounts
EPH & PARTNERS0460.568.866Represented by Emiel Philipsen	Director04/06/2018 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates24/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring05/09/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
PDF
Restructuring05/09/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
PDF
Restructuring26/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
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

Filings20 filings

Mandates

Tom Melotte

JEMI CONSULT

JEINEPOEL

Pampelonne

EPH & PARTNERS

Guido Hermans

Helena Verjans

Leen Verjans

HUIZE PIETELBEEK

Fanny Machiels

Louis Machiels

JOZEF MACHIELS

Show the other mandate

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

JM Construct

Ekkelgaarden 16, 3500 Hasselt

Director

Managing director

Director

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ekkelgaarden 16, 3500 HasseltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00388083

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
J.M. CONSTRUCTCurrent		CBE
JM Construct	accounts 2021 → 2025	Accounts 2025 · 2026-00388083

Events

2025
Annual accounts 2025-1,4 M €↓
01/12/2025
nominationTom Melotte BV · bestuurder
2024
Annual accounts 2024598,6 k €↓
31/07/2024
apport
17/06/2024
split
01/01/2024
split
2023
Annual accounts 20231,5 M €↓
2022
Annual accounts 20222,2 M €↑
2021
Annual accounts 20211,8 M €↑
2020
Annual accounts 2020500,1 k €↓
2019
Annual accounts 20191,3 M €↓
2018
Annual accounts 20186 M €↑
2017
Annual accounts 20173,2 M €↑
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 201569,8 k €↓
2014
Annual accounts 201417,4 M €↑
2013
Annual accounts 2013-582,2 k €↓
2012
Annual accounts 2012-136,2 k €↑
2011
Annual accounts 2011-3,7 M €↓
2010
Annual accounts 20101,2 k €↓
2009
Annual accounts 20097,2 M €↑
2008
Annual accounts 20081,2 M €↑
2007
Annual accounts 2007895,7 k €↑
2006
Annual accounts 2006-173,6 k €
22/12/1989
IncorporationPublic limited company

J.M. CONSTRUCT

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