ACTIVE

J.M. CONSTRUCT

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
-1,4 M €
-332.5% YoY
Revenue
2,3 M €
-36.6% YoY
Equity
48,3 M €
-2.8% YoY
Workforce
7,9 ETP
+14.5% YoY

What does J.M. CONSTRUCT do?

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· main64210Activities of holding companies70322Activities of head offices; management consultancy activities81100Combined facilities support activities81100Combined facilities support activities68100Buying and selling of own real estate+4
Joint committees (2)
  • 200
  • 218
Signals
Solid equityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue2,3 M €3,6 M €1,4 M €1,7 M €1,7 M €1,1 M €1,4 M €826,8 k €1 M €861,2 k €826,8 k €837,3 k €826,8 k €734,8 k €463,7 k €247,7 k €180 k €180 k €117,8 k €154,4 k €
EBITDA-925,8 k €554,9 k €169,3 k €442 k €-49,7 k €360,8 k €712,4 k €106,1 k €406,3 k €850,6 k €99,4 k €-147,9 k €66,3 k €102,1 k €16,5 k €-47,5 k €8,7 k €68 k €-38,5 k €-57,1 k €
Operating result-931,9 k €548,9 k €169,3 k €442 k €-49,7 k €357,4 k €704,2 k €91 k €391,2 k €835,5 k €84,3 k €-154,7 k €66,3 k €102,1 k €16,5 k €-47,5 k €8,7 k €68 k €-38,5 k €-57,1 k €
Net result-1,4 M €598,6 k €1,5 M €2,2 M €1,8 M €500,1 k €1,3 M €6 M €3,2 M €1,7 M €69,8 k €17,4 M €-582,2 k €-136,2 k €-3,7 M €1,2 k €7,2 M €1,2 M €895,7 k €-173,6 k €
Balance sheet
Equity48,3 M €49,7 M €49,1 M €47,5 M €45,4 M €43,5 M €43 M €41,7 M €35,7 M €32,5 M €30,8 M €30,8 M €13,4 M €14 M €14,1 M €17,8 M €17,8 M €10,5 M €9,3 M €8,4 M €
Total assets98,4 M €105,8 M €74 M €68,7 M €56,7 M €43,7 M €43,2 M €41,8 M €39,4 M €32,6 M €34,1 M €30,9 M €21,3 M €31,9 M €49,8 M €49,5 M €42,7 M €42,6 M €31,4 M €21,3 M €
Cash2,7 k €3,6 k €1,3 k €4,7 k €127,9 k €49,8 k €3 M €11,5 M €11,5 M €7,6 M €6,8 M €10,3 M €1,6 k €1,8 k €1,9 k €2 k €2,1 k €3,2 k €3 M €136,6 k €
Debts49,7 M €56 M €24,6 M €21,1 M €11,3 M €169,5 k €107 k €117,1 k €3,7 M €131,6 k €3,3 M €121,1 k €7,9 M €18 M €35,2 M €31,6 M €24,8 M €32 M €22,1 M €12,9 M €
Other
Workforce7,9 ETP6,9 ETP2,0 ETP2,0 ETP2,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP1,8 ETP––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 36 ended

Active mandates

Tom Melotte

Director · since 01 décembre 2025 · until 27 juin 2029 · 0802.611.751

Represented by Tom Melotte

Active
JEINEPOEL

Director · since 01 septembre 2023 · until 27 juin 2029 · 0885.310.288

Represented by Fabienne SOETAERS

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 27 juin 2029 · 0827.597.565

Represented by Louis MACHIELS

Active

Ended mandates

Pampelonne

Director · since 01 septembre 2023 · until 27 juin 2029 · 0781.387.854

Represented by Marieke MEUGENS

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 18 mars 2021 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended
At this address

Other companies at this address

CompanyCBE 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
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/08/202629/08/202508/08/202411/08/202329/07/202211/08/2021
General meeting27/06/202627/06/202527/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/06/202606/08/2026DutchPDF
Full model31/12/202427/06/202529/08/2025DutchPDF
Full model31/12/202327/06/202408/08/2024DutchPDF
Full model31/12/202205/06/202311/08/2023DutchPDF
Full model31/12/202107/06/202229/07/2022DutchPDF
Full model31/12/202007/06/202111/08/2021DutchPDF
Full model31/12/201906/06/202013/08/2020DutchPDF
Full model31/12/201803/06/201931/07/2019DutchPDF
Full model31/12/201704/06/201826/07/2018DutchPDF
Full model31/12/201606/06/201703/08/2017DutchPDF
Full model31/12/201506/06/201619/07/2016DutchPDF
Full model31/12/201401/06/201530/07/2015DutchPDF
Full model31/12/201330/06/201412/08/2014DutchPDF
Full model31/12/201203/06/201322/07/2013DutchPDF
Full model31/12/201104/06/201203/08/2012DutchPDF
Full model31/12/201006/06/201112/08/2011DutchPDF
Full model31/12/200907/06/201016/07/2010DutchPDF
Full model31/12/200802/06/200914/07/2009DutchPDF
Full model31/12/200702/06/200827/08/2008DutchPDF
Full model31/12/200604/06/200712/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 36 ended

Active mandates

Tom Melotte

Director · since 01 décembre 2025 · until 27 juin 2029 · 0802.611.751

Represented by Tom Melotte

Active
JEINEPOEL

Director · since 01 septembre 2023 · until 27 juin 2029 · 0885.310.288

Represented by Fabienne SOETAERS

Active
JEMI CONSULT

Managing director · since 01 septembre 2023 · until 27 juin 2029 · 0827.597.565

Represented by Louis MACHIELS

Active

Ended mandates

Pampelonne

Director · since 01 septembre 2023 · until 27 juin 2029 · 0781.387.854

Represented by Marieke MEUGENS

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 18 mars 2021 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended
EPH & PARTNERS

Director · since 04 juin 2018 · until 03 juin 2024 · 0460.568.866

Represented by Emiel Philipsen

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • 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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-1,4 M €↓
  2. 01/12/2025
    nominationTom Melotte BV — bestuurder
  3. 2024
    Annual accounts 2024598,6 k €↓
  4. 31/07/2024
    apport
  5. 17/06/2024
    split
  6. 01/01/2024
    split
  7. 2023
    Annual accounts 20231,5 M €↓
  8. 2022
    Annual accounts 20222,2 M €↑
  9. 2021
    Annual accounts 20211,8 M €↑
  10. 2020
    Annual accounts 2020500,1 k €↓
  11. 2019
    Annual accounts 20191,3 M €↓
  12. 2018
    Annual accounts 20186 M €↑
  13. 2017
    Annual accounts 20173,2 M €↑
  14. 2016
    Annual accounts 20161,7 M €↑
  15. 2015
    Annual accounts 201569,8 k €↓
  16. 2014
    Annual accounts 201417,4 M €↑
  17. 2013
    Annual accounts 2013-582,2 k €↓
  18. 2012
    Annual accounts 2012-136,2 k €↑
  19. 2011
    Annual accounts 2011-3,7 M €↓
  20. 2010
    Annual accounts 20101,2 k €↓
  21. 2009
    Annual accounts 20097,2 M €↑
  22. 2008
    Annual accounts 20081,2 M €↑
  23. 2007
    Annual accounts 2007895,7 k €↑
  24. 2006
    Annual accounts 2006-173,6 k €
  25. 22/12/1989
    IncorporationPublic limited company