JA! (0729.737.433): financials and annual accounts

JA!

Kortrijk ·KBO/BCE: BE 0729.737.433

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	187,373	169,096	130,727	85,993	65,745	64,865
Fixed assets`21/28`	9,791	4,707	3,235	4,680	-	-
Intangible fixed assets`21`	3,634	-	-	-	-	-
Tangible fixed assets`22/27`	6,157	4,707	3,235	4,680	-	-
Plant, machinery and equipment`23`	2,263	2,917	-	2,270	-	-
Furniture and vehicles`24`	3,894	1,790	3,235	2,410	-	-
Current assets`29/58`	177,582	164,388	127,492	81,313	65,745	64,865
Amounts receivable within one year`40/41`	7,694	22,186	22,690	35,144	31,667	17,332
Trade receivables`40`	4,764	20,283	22,355	35,144	28,045	17,332
Other amounts receivable`41`	2,930	1,903	335	-	3,622	-
Current investments`50/53`	0	130,000	95,000	-	-	-
Cash at bank and in hand`54/58`	169,232	11,431	9,248	42,604	33,626	47,178
Deferred charges and accrued income`490/1`	655	771	554	3,565	452	355
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	187,373	169,096	130,727	85,993	65,745	64,865
Equity`10/15`	82,571	93,298	66,268	39,303	15,233	15,199
Contributions`10/11`	2,000	2,000	2,000	2,000	2,000	2,000
Reserves`13`	80,537	91,264	64,234	37,269	13,199	13,199
Distributable reserves`133`	80,537	91,264	64,234	37,269	13,199	13,199
Profit (loss) carried forward`14`	34	34	34	34	34	-
Amounts payable`17/49`	104,802	75,798	64,459	46,690	50,512	49,667
Amounts payable within one year`42/48`	104,802	66,800	64,459	46,690	31,809	24,367
Financial debts`43`	39	323	499	366	63	273
Credit institutions`430/8`	0	323	499	366	63	273
Other loans`439`	39	-	-	-	-	-
Trade debts`44`	4,696	6,335	6,280	3,327	1,571	686
Suppliers`440/4`	4,696	6,335	6,280	3,327	1,571	686
Taxes, remuneration and social security`45`	7,121	16,713	21,394	14,867	6,679	10,476
Taxes`450/3`	7,121	16,713	21,394	14,867	6,679	10,476
Other amounts payable`47/48`	92,947	43,429	36,286	28,131	23,497	12,932
Accrued charges and deferred income`492/3`	0	8,998	-	-	18,703	25,300
Income statement
Gross operating margin`9900`	43,610	43,975	44,245	37,766	11,206	19,569
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	2,024	1,798	1,445	565	-	-
Other operating charges`640/8`	590	577	1,875	517	8,613	1,133
Operating profit (loss)`9901`	40,996	41,600	40,925	36,685	2,593	18,436
Financial income`75/76B`	18	13	26	420	1	11
Recurring financial income`75`	18	13	26	420	1	11
Financial charges`65/66B`	3,652	3,322	2,150	195	181	86
Recurring financial charges`65`	3,652	3,322	2,150	195	181	86
Profit (loss) for the period before taxes`9903`	37,362	38,290	38,801	36,909	2,412	18,361
Income taxes`67/77`	10,820	11,260	11,837	12,839	2,378	5,162
Profit (loss) for the period`9904`	26,542	27,030	26,965	24,070	34	13,199
Profit (loss) for the period to be appropriated`9905`	26,542	27,030	26,965	24,070	34	13,199
Appropriation of the result
Profit (loss) to be appropriated`9906`	26,577	27,064	26,999	24,105	34	13,199
Profit (loss) brought forward from the previous period`14P`	34	34	34	34	-	-
Transfer from equity`791/2`	37,269	-	-	-	-	-
Transfer to equity`691/2`	26,542	27,030	26,965	24,070	-	13,199
To other reserves`6921`	26,542	27,030	26,965	24,070	-	13,199
Profit to be distributed`694/7`	37,269	-	-	-	-	-
Return on contributions (dividend)`694`	37,269	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00466134	PDF
31-12-2024	micro format	29-08-2025	2025-00428200	PDF
31-12-2023	micro format	20-08-2024	2024-00351771	PDF
31-12-2022	micro format	24-08-2023	2023-00347203	PDF
31-12-2021	micro format	31-08-2022	2022-20370784	PDF
31-12-2020	micro format	27-07-2021	2021-40100421	PDF

Year	Entries	Awarded	Paid
2024	1	€0	€378
2023	1	€378	€149
2022	1	€149	€0

Line	2025	2024	2023	2022	2021	2020
EBITDA	43,020	43,398	42,370	37,249	-	-
Cash flow	28,566	28,828	28,409	24,635	-	-
Investment in fixed assets (approximation)	7,108	3,270	0	5,245	-	-
Change in cash	157,801	2,183	-33,356	8,978	-13,552	-
Working capital	72,780	97,589	63,033	34,624	33,936	40,499
Solvency	44.1%	55.2%	50.7%	45.7%	23.2%	23.4%
Current ratio	1.69	2.46	1.98	1.74	2.07	2.66
Debt to equity	1.27	0.81	0.97	1.19	3.32	3.27
ROE	32.1%	29.0%	40.7%	61.2%	0.2%	86.8%
ROA	14.2%	16.0%	20.6%	28.0%	0.1%	20.3%
Interest coverage	11.78	13.06	19.71	over 100	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€3,336	€3,270	-	€5,245	-
Intangible fixed assets	€3,772	-	-	-	-
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€2,024	€1,798	€1,445	€565	-

JA!

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency44.1%

Current ratio1.69

Return on assets14.2%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2024, 3 entries, €527 awarded, €527 paid

Key figures and ratios

Investments

Insights on JA!

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