ACTIVE

JM CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

-6,2 k €

+82.0% YoY

Revenue

6,6 M €

-13.0% YoY

Equity

3,9 M €

-0.2% YoY

Workforce

28,0 ETP

-11.9% YoY

What does JM CONSTRUCT do?

JM CONSTRUCT is a Public limited company incorporated in 1994. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Maaseik. It employs on average 28,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.056.127

Incorporation

31/01/1994

Legal form

Public limited company

Registered office

Broekbergweg 10
3680 Maaseik · FlandreSee on map

Contributed capital

323 993,99 €

Latest accounts

31/12/2025

Average workforce

28,0 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Joint committees (2)

Signals

Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	6,6 M €	-13.0%	7,6 M €	-21.0%	9,6 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		1,3 M €	-15.0%	1,5 M €	-15.5%	1,8 M €
EBITDA	887,3 k €	-20.8%	1,1 M €	-19.2%	1,4 M €	+58.1%	877,3 k €	-9.5%	969,0 k €	-0.9%	978,0 k €	-18.1%	1,2 M €	+19.8%	996,6 k €	+79.1%	556,6 k €	-4.8%	584,8 k €	+75.2%	333,7 k €	+28.7%	259,3 k €	+27.7%	203,1 k €	+1.3%	200,5 k €	-35.1%	308,8 k €	+195%	104,6 k €	-46.4%	195,1 k €	+44.2%	135,3 k €	+195681%	69,1 €	-99.9%	62,2 k €
Operating result	317,1 k €	+27.2%	249,4 k €	-57.0%	580,4 k €	+207%	188,8 k €	-32.7%	280,4 k €	-17.0%	337,7 k €	-26.7%	461,0 k €	+30.2%	354,0 k €	+282%	92,7 k €	-29.7%	131,8 k €	+5.6%	124,8 k €	+89.8%	65,7 k €	+38.2%	47,6 k €	-19.1%	58,8 k €	-66.5%	175,2 k €	+791%	-25,4 k €	-148%	52,3 k €	-4.6%	54,8 k €	+171%	-77,2 k €	-316%	-18,5 k €
Net result	-6,2 k €	+82.0%	-34,4 k €	-112%	280,5 k €	+262%	77,4 k €	-50.0%	154,7 k €	-36.5%	243,6 k €	-15.7%	289,1 k €	+11.0%	260,3 k €	+777%	29,7 k €	-48.6%	57,8 k €	-19.4%	71,7 k €	+126%	31,8 k €	+14.1%	27,8 k €	+19.5%	23,3 k €	-83.7%	143,3 k €	+394%	-48,8 k €	-554%	10,7 k €	-72.0%	38,4 k €	+173%	-52,8 k €	-23.8%	-42,7 k €
Balance sheet
Equity	3,9 M €	-0.2%	3,9 M €	+107%	1,9 M €	+17.6%	1,6 M €	+5.1%	1,5 M €	+11.4%	1,4 M €	+21.8%	1,1 M €	+34.9%	827,8 k €	+45.9%	567,4 k €	+5.5%	537,7 k €	+12.0%	479,9 k €	+17.6%	408,2 k €	+8.4%	376,4 k €	+9.3%	344,5 k €	+7.3%	321,2 k €	+80.6%	177,9 k €	-21.5%	226,6 k €	+5.0%	215,9 k €	+1059%	-22,5 k €	-174%	30,3 k €
Total assets	11,8 M €	+2.5%	11,5 M €	+1.1%	11,4 M €	+62.4%	7,0 M €	-11.9%	8,0 M €	+8.4%	7,4 M €	+16.8%	6,3 M €	-7.9%	6,8 M €	+23.3%	5,5 M €	+1.8%	5,5 M €	+148%	2,2 M €	+15.9%	1,9 M €	+1.5%	1,9 M €	+5.9%	1,8 M €	-15.0%	2,1 M €	+1.9%	2,0 M €	-5.2%	2,1 M €	+74.9%	1,2 M €	+12.0%	1,1 M €	-28.3%	1,5 M €
Cash	106,8 k €	+26.0%	84,8 k €	-75.6%	348,0 k €	-6.2%	370,8 k €	+88.2%	197,1 k €	-43.2%	346,8 k €	+8.5%	319,6 k €	+169%	118,7 k €	+66.2%	71,4 k €	+91.1%	37,4 k €	+67006%	55,7 €	-100.0%	190,7 k €	+698%	23,9 k €	-79.2%	114,9 k €	+356%	25,2 k €	+17508%	143,2 €	-99.4%	23,3 k €	+25.4%	18,6 k €	+54.1%	12,1 k €	+254%	3,4 k €
Debts	7,9 M €	+4.8%	7,6 M €	-20.1%	9,5 M €	+76.6%	5,4 M €	-16.0%	6,4 M €	+7.4%	5,9 M €	+15.4%	5,2 M €	-13.9%	6,0 M €	+21.4%	4,9 M €	+1.2%	4,9 M €	+186%	1,7 M €	+14.6%	1,5 M €	-0.2%	1,5 M €	+5.1%	1,4 M €	-19.0%	1,8 M €	-5.6%	1,9 M €	-3.3%	1,9 M €	+99.0%	964,9 k €	-10.3%	1,1 M €	-9.5%	1,2 M €
Other
Workforce	28,0 ETP	-11.9%	31,8 ETP	-0.6%	32,0 ETP	+16.4%	27,5 ETP		–		26,8 ETP		–		–		22,3 ETP	+17.4%	19,0 ETP	+18.8%	16,0 ETP	+1.3%	15,8 ETP	0.0%	15,8 ETP	-11.2%	17,8 ETP	-2.2%	18,2 ETP	-12.5%	20,8 ETP	-1.9%	21,2 ETP	+21.8%	17,4 ETP	+6.1%	16,4 ETP	-7.9%	17,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Guy SCHELFHOUT

Director

Active

Magda JANSSEN

Director

Active

Ended mandates

Magda JANSSEN

Director · since 21 janvier 2015 · until 12 juin 2021

Ended

Magda JANSSEN

Administrator - manager · since 21 janvier 2015 · until 12 juin 2021

Ended

MAGDALENA JANSSEN

Administrator - manager · since 21 janvier 2015 · until 12 juin 2021

Ended

Guy SCHELFHOUT

Managing director · since 21 janvier 2009 · until 12 juin 2021

Ended

At this address

Other companies at this address

Company	CBE no.
JM HOLDING● Active	0809.215.471
JM IMMO● Active	0464.720.961
LIMALCO● Active	0540.924.458

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	31/08/2026	24/07/2025	11/07/2024	30/06/2023	30/06/2022	01/07/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/06/2026	31/08/2026	Dutch	PDF
Full model	31/12/2024	13/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	25/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	03/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	08/08/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/03/2013	29/05/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	08/08/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	22/06/2010	Dutch	PDF
Abridged model	30/09/2008	06/03/2009	30/04/2009	Dutch	PDF
Abridged model	30/09/2007	07/03/2008	22/04/2008	Dutch	PDF
Abridged model	31/12/2006	02/03/2007	27/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 24 ended

Active mandates

Guy SCHELFHOUT

Director

Active

Magda JANSSEN

Director

Active

Ended mandates

Magda JANSSEN

Director · since 21 janvier 2015 · until 12 juin 2021

Ended

Magda JANSSEN

Administrator - manager · since 21 janvier 2015 · until 12 juin 2021

Ended

MAGDALENA JANSSEN

Administrator - manager · since 21 janvier 2015 · until 12 juin 2021

Ended

Guy SCHELFHOUT

Managing director · since 21 janvier 2009 · until 12 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other12/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/12/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/08/2015
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates14/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/02/2009
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-6,2 k €↑
2024
Annual accounts 2024-34,4 k €↓
2023
Annual accounts 2023280,5 k €↑
2022
Annual accounts 202277,4 k €↓
2021
Annual accounts 2021154,7 k €↓
2020
Annual accounts 2020243,6 k €↓
2019
Annual accounts 2019289,1 k €↑
2018
Annual accounts 2018260,3 k €↑
2017
Annual accounts 201729,7 k €↓
2016
Annual accounts 201657,8 k €↓
2015
Annual accounts 201571,7 k €↑
2014
Annual accounts 201431,8 k €↑
2013
Annual accounts 201327,8 k €↑
2012
Annual accounts 201223,3 k €↓
2011
Annual accounts 2011143,3 k €↑
2010
Annual accounts 2010-48,8 k €↓
2009
Annual accounts 200910,7 k €↓
2008
Annual accounts 200838,4 k €↑
2008
Name changeJM Construct
2007
Annual accounts 2007-52,8 k €↓
2006
Annual accounts 2006-42,7 k €
2006
Name changeKEIJERS-INDUSTRIES
31/01/1994
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

JM CONSTRUCT

Overview

What does JM CONSTRUCT do?

Trend over 20 financial years

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