Skip to content

JAGA

Active
Public limited companyfounded 197353 yrs activeVerbindingslaan 16, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0413.382.425
Summary

JAGA has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.6m and a net result of -€1.6m. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 759 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability16▼-48
Solvency40▼-7
Growth52▼-17
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.25 in 2023; short-term debt: 72.5% and cash: 0.6% of total assets), and 84.7% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 53 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
15.3%
Return on assets
-6.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 759 sector peers (2024).
NBB · sector comparison
Position among 759 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
21 d early
2023
7 d early
2022
33 d early
2021
24 d early
2020
25 d early
2019
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 January 1973, JAGA was incorporated.1 Of the 2 current board members, CDNZ RE has served longest, since 2026.2 Revenue went from EUR 43 million in 2018 to EUR 57 million in 2024 and headcount from 308 to 298 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 21-09-2026
  3. 3National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
€57.2m▲ 0.7%
2023 · €56.8m
EBIT margin
-1.6%▼ 5.6pp
2023 · 3.9%
Net result
-€1.6m
2023 · €1.4m
Working capital
€1.2m▼ 68.9%
2023 · €4.0m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€42.3m▼ 2.6%€43.5m▲ 2.7%€49.3m▲ 13.4%€56.8m▲ 15.2%€57.2m▲ 0.7%
Operating result€1.3m▲ 237%€745,528▼ 43.8%€354,862▼ 52.4%€2.2m▲ 529%-€931,663
Net result€530,675▲ 2,903%€463,575▼ 12.6%€165,558▼ 64.3%€1.4m▲ 724%-€1.6m
EBIT margin3.1%▲ 2.2pp1.7%▼ 1.4pp0.7%▼ 1.0pp3.9%▲ 3.2pp-1.6%▼ 5.6pp
Equity€3.2m▲ 19.5%€3.7m▲ 14.3%€3.9m▲ 4.5%€5.2m▲ 35.2%€3.6m▼ 30.5%
Total assets€19.0m▲ 7.7%€21.9m▲ 14.9%€24.6m▲ 12.6%€24.1m▼ 2.2%€23.8m▼ 1.1%
Debt€15.5m▲ 5.5%€17.9m▲ 15.9%€20.6m▲ 14.8%€18.7m▼ 9.1%€20.0m▲ 6.8%
Working capital€1.5m▲ 144%€4.6m▲ 206%€4.6m▼ 0.9%€4.0m▼ 12.3%€1.2m▼ 68.9%
Staff (FTE)301.3▲ 0.6%292.9▼ 2.8%289.2▼ 1.3%301.5▲ 4.3%298.3▼ 1.1%
Result per fiscal year
Operating resultNet result
-€2.0m-€1.0m€0€1.0m€2.0mOperating result 2020: €1.3m€1.3mNet result 2020: €530,675€530,675Operating result 2021: €745,528€745,528Net result 2021: €463,575€463,575Operating result 2022: €354,862€354,862Net result 2022: €165,558€165,558Operating result 2023: €2.2m€2.2mNet result 2023: €1.4m€1.4mOperating result 2024: -€931,663-€931,663Net result 2024: -€1.6m-€1.6m20202021202220232024-€2m-€1m€0€1m€2mOperating result 2022: €354,862€355,000Net result 2022: €165,558€166,000Operating result 2023: €2.2m€2.2mNet result 2023: €1.4m€1.4mOperating result 2024: -€931,663-€932,000Net result 2024: -€1.6m-€1.6m202220232024
The operating result turns negative in 2024: a loss of €931,663 after €2.2m in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €23.8m
Fixed assets €5.3m ▲ 42.5%
Current assets €18.5m ▼ 9.1%
Equity and liabilities €23.8m
Equity €3.6m ▼ 30.5%
Provisions €170,684 ▲ 55.1%
Debt €20.0m ▲ 6.8%
Debt's share of the balance-sheet total rises from 77.8% to 84.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€105,293▼
2023 · €3.1m
Cash flow
-€559,976▼
2023 · €2.2m
Current ratio
1.07▼
2023 · 1.25
Quick ratio
0.41▼
2023 · 0.46
Debt to equity
5.49▲
2023 · 3.58
ROE
-43.8%▼
2023 · 26.0%
ROA
-6.7%▼
2023 · 5.7%
Interest coverage
0.34▼
2023 · 8.36
Debt ≤ 1 year
€17.3m▲
2023 · €16.4m
Debt > 1 year
€1.1m▲
2023 · €682,563
Income taxes
-€31,976▼
2023 · €188,695
Staff costs
€20.5m▲
2023 · €19.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 138 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 96% are still going.

  • Large
  • solvency 10 to 30%
  • a small loss
  • without age
2.2% went bankrupt
2.2% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 138 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 97 lines
Balance sheet Code20232024
Assets
Total assets20/58€24.1m€23.8m▼
Fixed assets21/28€3.7m€5.3m▲
Intangible fixed assets21€528,227€358,004▼
Tangible fixed assets22/27€3.2m€4.9m▲
Land and buildings22€1.4m€2.7m▲
Plant, machinery and equipment23€744,677€680,305▼
Furniture and vehicles24€352,794€310,030▼
Leasing and similar rights25€571,871€1.0m▲
Other tangible fixed assets26€138,034€93,577▼
Assets under construction and advance payments27-€151,229
Financial fixed assets28€8,638€8,661▲
Affiliated companies280/1€1,374€1,374=
Participating interests280€1,374€1,374=
Other financial fixed assets284/8€7,264€7,288▲
Amounts receivable and cash guarantees285/8€7,264€7,288▲
Current assets29/58€20.4m€18.5m▼
Amounts receivable after more than one year29€2.0m€2.0m▼
Other amounts receivable291€2.0m€2.0m▼
Stocks and contracts in progress3€12.9m€11.4m▼
Stocks30/36€12.9m€11.4m▼
Raw materials and consumables30/31€7.6m€6.7m▼
Work in progress32€1.8m€1.7m▼
Finished goods33€2.1m€2.2m▲
Goods purchased for resale34€1.4m€919,627▼
Amounts receivable within one year40/41€3.4m€4.4m▲
Trade receivables40€2.6m€4.1m▲
Other amounts receivable41€804,702€287,869▼
Cash at bank and in hand54/58€1.4m€150,823▼
Deferred charges and accrued income490/1€660,555€570,220▼
Equity and liabilities
Total equity and liabilities10/49€24.1m€23.8m▼
Equity10/15€5.2m€3.6m▼
Contributions10/11€3.2m€3.2m=
Capital10€3.2m€3.2m=
Issued capital100€3.2m€3.2m=
Reserves13€703,973€703,973=
Non-distributable reserves130/1€320,000€320,000=
Legal reserve130€320,000€320,000=
Tax-exempt reserves132€192,477€192,477=
Distributable reserves133€191,496€191,496=
Profit (loss) carried forward14€1.3m-€258,548▼
Provisions and deferred taxes16€110,058€170,684▲
Provisions for liabilities and charges160/5€110,058€170,684▲
Pensions and similar obligations160€41,740€60,075▲
Other liabilities and charges164/5€68,318€110,608▲
Amounts payable17/49€18.7m€20.0m▲
Amounts payable after more than one year17€682,563€1.1m▲
Financial debts170/4€417,063€789,520▲
Leasing and similar obligations172€391,440€769,749▲
Other loans174€25,623€19,771▼
Other amounts payable178/9€265,500€265,500=
Amounts payable within one year42/48€16.4m€17.3m▲
Current portion of amounts payable after more than one year42€172,486€252,524▲
Financial debts43€3.3m€4.4m▲
Credit institutions430/8€2.0m€2.8m▲
Other loans439€1.3m€1.5m▲
Trade debts44€7.6m€8.0m▲
Suppliers440/4€7.6m€8.0m▲
Advances received on contracts in progress46€1.7m€700,478▼
Taxes, remuneration and social security45€3.4m€3.7m▲
Taxes450/3€787,724€694,765▼
Remuneration and social security454/9€2.6m€3.0m▲
Other amounts payable47/48€101,279€327,050▲
Accrued charges and deferred income492/3€1.7m€1.7m▼
Income statement Code20232024
Operating income70/76A€61.0m€60.8m▼
Turnover70€56.8m€57.2m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€109,535-€4,525▲
Other operating income74€3.3m€3.6m▲
Non-recurring operating income76A€1.1m€44,628▼
Operating charges60/66A€58.8m€61.7m▲
Goods for resale, raw materials and consumables60€28.0m€27.1m▼
Purchases600/8€27.8m€26.8m▼
Change in stocks: decrease (increase)609€287,510€393,051▲
Services and other goods61€10.5m€11.6m▲
Remuneration, social security and pensions62€19.1m€20.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€845,849€1.0m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€75,806€1.1m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€31,555€60,626▲
Other operating charges640/8€206,930€238,189▲
Non-recurring operating charges66A€8,568€24,618▲
Operating profit (loss)9901€2.2m-€931,663▼
Financial income75/76B€462,303€164,123▼
Recurring financial income75€462,303€164,123▼
Income from current assets751€14,488€7,088▼
Other financial income752/9€447,815€157,035▼
Financial charges65/66B€1.1m€861,368▼
Recurring financial charges65€1.1m€861,368▼
Debt charges650€368,181€312,948▼
Other financial charges652/9€773,646€548,420▼
Profit (loss) for the period before taxes9903€1.6m-€1.6m▼
Income taxes67/77€188,695-€31,976▼
Taxes670/3€192,526€2,011▼
Tax adjustments and reversals of tax provisions77€3,832€33,987▲
Profit (loss) for the period9904€1.4m-€1.6m▼
Profit (loss) for the period to be appropriated9905€1.4m-€1.6m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.3m-€258,548▼
Profit (loss) brought forward from the previous period14P-€25,310€1.3m▲
Social balance
Average headcount (FTE)9087301.5298.3▼

The notes to these accounts (100 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€45.8m€53.7m€61.0m€60.8m▼ 0.4%
Turnover70€42.3m€43.5m€49.3m€56.8m€57.2m▲ 0.7%
Change in stocks of work in progress, finished goods and contracts in progress71-€141,133€780,604-€109,535-€4,525▲ 95.9%
Own construction capitalised72-€105,511€63,089---
Other operating income74-€1.7m€3.5m€3.3m€3.6m▲ 9.0%
Non-recurring operating income76A-€310,960€35,414€1.1m€44,628▼ 95.9%
Operating charges60/66A-€45.0m€53.4m€58.8m€61.7m▲ 4.9%
Goods for resale, raw materials and consumables60-€19.5m€25.6m€28.0m€27.1m▼ 3.2%
Purchases600/8-€20.9m€28.3m€27.8m€26.8m▼ 3.6%
Change in stocks: decrease (increase)609--€1.4m-€2.7m€287,510€393,051▲ 36.7%
Services and other goods61-€8.1m€9.3m€10.5m€11.6m▲ 10.3%
Remuneration, social security and pensions62-€16.0m€17.4m€19.1m€20.5m▲ 7.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€701,296€652,760€761,445€845,849€1.0m▲ 22.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€328,160€7,819€75,806€1.1m▲ 1,285%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€87,144-€72,415-€31,555€60,626▲ 292%
Other operating charges640/8-€242,008€174,019€206,930€238,189▲ 15.1%
Non-recurring operating charges66A-€370,367€90,259€8,568€24,618▲ 187%
Operating profit (loss)9901€1.3m€745,528€354,862€2.2m-€931,663▼ 142%
Financial income75/76B-€387,647€321,517€462,303€164,123▼ 64.5%
Recurring financial income75€127,610€387,647€321,517€462,303€164,123▼ 64.5%
Income from current assets751-€9,489€12,880€14,488€7,088▼ 51.1%
Other financial income752/9-€378,157€308,637€447,815€157,035▼ 64.9%
Financial charges65/66B-€487,127€551,980€1.1m€861,368▼ 24.6%
Recurring financial charges65€668,197€487,127€551,980€1.1m€861,368▼ 24.6%
Debt charges650€206,982€166,767€178,726€368,181€312,948▼ 15.0%
Other financial charges652/9-€320,360€373,254€773,646€548,420▼ 29.1%
Profit (loss) for the period before taxes9903€784,847€646,047€124,399€1.6m-€1.6m▼ 205%
Income taxes67/77€254,172€182,472-€41,159€188,695-€31,976▼ 117%
Taxes670/3-€284,096€139,472€192,526€2,011▼ 99.0%
Tax adjustments and reversals of tax provisions77-€101,624€180,631€3,832€33,987▲ 787%
Profit (loss) for the period9904€530,675€463,575€165,558€1.4m-€1.6m▼ 217%
Profit (loss) for the period to be appropriated9905€530,675€463,575€165,558€1.4m-€1.6m▼ 217%
Line20202021202220232024Change
Assets
Total assets20/58€19.0m€21.9m€24.6m€24.1m€23.8m▼ 1.1%
Fixed assets21/28€4.0m€3.1m€2.9m€3.7m€5.3m▲ 42.5%
Intangible fixed assets21€356,552€521,215€487,440€528,227€358,004▼ 32.2%
Tangible fixed assets22/27€2.0m€2.4m€2.3m€3.2m€4.9m▲ 55.0%
Land and buildings22-€815,757€729,580€1.4m€2.7m▲ 95.4%
Plant, machinery and equipment23-€503,941€571,606€744,677€680,305▼ 8.6%
Furniture and vehicles24-€252,360€313,882€352,794€310,030▼ 12.1%
Leasing and similar rights25-€608,283€475,249€571,871€1.0m▲ 76.5%
Other tangible fixed assets26-€230,012€184,559€138,034€93,577▼ 32.2%
Assets under construction and advance payments27----€151,229-
Financial fixed assets28€1.6m€140,804€140,806€8,638€8,661▲ 0.3%
Affiliated companies280/1-€133,553€133,553€1,374€1,374=
Participating interests280-€133,553€133,553€1,374€1,374=
Other financial fixed assets284/8-€7,251€7,253€7,264€7,288▲ 0.3%
Amounts receivable and cash guarantees285/8-€7,251€7,253€7,264€7,288▲ 0.3%
Current assets29/58€15.1m€18.8m€21.7m€20.4m€18.5m▼ 9.1%
Amounts receivable after more than one year29-€2.6m€2.0m€2.0m€2.0m▼ 0.2%
Other amounts receivable291-€2.6m€2.0m€2.0m€2.0m▼ 0.2%
Stocks and contracts in progress3€8.5m€10.0m€13.3m€12.9m€11.4m▼ 11.6%
Stocks30/36-€10.0m€13.3m€12.9m€11.4m▼ 11.6%
Raw materials and consumables30/31-€5.5m€7.9m€7.6m€6.7m▼ 12.7%
Work in progress32-€1.5m€1.8m€1.8m€1.7m▼ 6.0%
Finished goods33-€1.7m€2.2m€2.1m€2.2m▲ 3.1%
Goods purchased for resale34-€1.3m€1.4m€1.4m€919,627▼ 34.6%
Amounts receivable within one year40/41€6.1m€4.7m€5.1m€3.4m€4.4m▲ 27.5%
Trade receivables40-€4.5m€4.0m€2.6m€4.1m▲ 55.8%
Other amounts receivable41-€245,871€1.1m€804,702€287,869▼ 64.2%
Cash at bank and in hand54/58€221,869€971,630€527,769€1.4m€150,823▼ 88.9%
Deferred charges and accrued income490/1-€555,538€730,633€660,555€570,220▼ 13.7%
Equity and liabilities
Total equity and liabilities10/49€19.0m€21.9m€24.6m€24.1m€23.8m▼ 1.1%
Equity10/15€3.2m€3.7m€3.9m€5.2m€3.6m▼ 30.5%
Contributions10/11€3.2m€3.2m€3.2m€3.2m€3.2m=
Capital10-€3.2m€3.2m€3.2m€3.2m=
Issued capital100-€3.2m€3.2m€3.2m€3.2m=
Reserves13€703,973€703,973€703,973€703,973€703,973=
Non-distributable reserves130/1-€320,000€320,000€320,000€320,000=
Legal reserve130-€320,000€320,000€320,000€320,000=
Tax-exempt reserves132-€192,477€192,477€192,477€192,477=
Distributable reserves133-€191,496€191,496€191,496€191,496=
Profit (loss) carried forward14-€654,443-€190,868-€25,310€1.3m-€258,548▼ 119%
Provisions and deferred taxes16€301,171€214,028€141,613€110,058€170,684▲ 55.1%
Provisions for liabilities and charges160/5-€214,028€141,613€110,058€170,684▲ 55.1%
Pensions and similar obligations160-€171,303€99,974€41,740€60,075▲ 43.9%
Other liabilities and charges164/5-€42,724€41,639€68,318€110,608▲ 61.9%
Amounts payable17/49€15.5m€17.9m€20.6m€18.7m€20.0m▲ 6.8%
Amounts payable after more than one year17€1.7m€2.1m€1.7m€682,563€1.1m▲ 54.6%
Financial debts170/4-€1.8m€1.5m€417,063€789,520▲ 89.3%
Leasing and similar obligations172-€453,732€305,784€391,440€769,749▲ 96.6%
Credit institutions173-€253,325----
Other loans174-€1.1m€1.2m€25,623€19,771▼ 22.8%
Other amounts payable178/9-€265,500€265,500€265,500€265,500=
Amounts payable within one year42/48€13.6m€14.2m€17.1m€16.4m€17.3m▲ 5.6%
Current portion of amounts payable after more than one year42-€615,967€414,385€172,486€252,524▲ 46.4%
Financial debts43-€3.3m€3.9m€3.3m€4.4m▲ 30.6%
Credit institutions430/8-€2.0m€2.5m€2.0m€2.8m▲ 41.9%
Other loans439-€1.3m€1.4m€1.3m€1.5m▲ 13.7%
Trade debts44€5.2m€6.4m€8.7m€7.6m€8.0m▲ 4.5%
Suppliers440/4-€6.4m€8.7m€7.6m€8.0m▲ 4.5%
Advances received on contracts in progress46-€635,392€675,510€1.7m€700,478▼ 59.3%
Taxes, remuneration and social security45-€3.2m€3.3m€3.4m€3.7m▲ 7.8%
Taxes450/3-€814,828€913,431€787,724€694,765▼ 11.8%
Remuneration and social security454/9-€2.3m€2.4m€2.6m€3.0m▲ 13.7%
Other amounts payable47/48-€99,683€107,030€101,279€327,050▲ 223%
Accrued charges and deferred income492/3-€1.7m€1.7m€1.7m€1.7m▼ 1.1%
Line20202021202220232024Change
Profit (loss) for the period9904€530,675€463,575€165,558€1.4m-€1.6m▼ 217%
+ Depreciation and write-downs630€701,296€652,760€761,445€845,849€1.0m▲ 22.6%
Operating cash flow (approximation)€1.2m€1.1m€927,003€2.2m-€559,976▼ 125%
Investment in fixed assets (approximation)-€247,968-€592,195-€1.7m-€2.6m▼ 57.1%
Change in cash-€749,761-€443,862€827,986-€1.2m▼ 246%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
21-09
State Gazette act Appointment: CDNZ RE (director)
Permanent representatives: Guy Vande Vyvere and Jan Battheu · Resignations: Vybros Capital Partners (director) and CLIMATE DESIGNERS FOR NET ZERO (managing director) · Reappointment: CLIMATE DESIGNERS FOR NET ZERO (director)12 facts ▸
  • General meeting, 04-09-2026
  • Director appointment, CDNZ RE (director)
  • Director appointment, CDNZ RE (managing director)
  • Permanent representative, Guy Vande Vyvere (permanent representative)
  • Permanent representative, Jan Battheu (permanent representative)
  • Director resignation, Vybros Capital Partners (director)
  • Director resignation, CLIMATE DESIGNERS FOR NET ZERO (managing director)
  • Permanent representative, Jan Battheu (permanent representative)
  • Permanent representative, Guy Vande Vyvere (permanent representative)
  • Permanent representative, Jan Battheu (permanent representative)
  • Director reappointment, CLIMATE DESIGNERS FOR NET ZERO (director)
  • Director appointment, CDNZ RE (director)
2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €1.4m ▲724%
Operating result €2.2m, net result €1.4m, both a record.
31-12
Financial Equity above €5mEq €5.2m ▲35.2%
5 profitable years in a row build equity to €5.2m.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €17,672
Net result €17,672 after one loss-making year.
11-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
10-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
16-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 20 acts read
About the unread acts

Of the 20 Belgian State Gazette acts we know for this company, 1 has been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 directors, 1 in day-to-day management, last change in 2026

Board 2

CDNZ RE
Director · since 05-09-2026 · Private limited company · perm. rep.: Jan Battheu
Current
CLIMATE DESIGNERS FOR NET ZERO
Director · Private limited company · perm. rep.: Guy Vande Vyvere
Current

Day-to-day management 1

CDNZ RE
Managing director · since 05-09-2026 · Private limited company · perm. rep.: Jan Battheu
Current

Permanent representatives 2

Jan Battheu
Permanent representative · since 05-09-2026 · for CDNZ RE
Current
Guy Vande Vyvere
Permanent representative · for CLIMATE DESIGNERS FOR NET ZERO
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
19 of this company's 20 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Diepenbeek · 2 establishment units since 1973
seat establishment approximate All 2 establishment units on the map
Ground area
9.7 ha
Building footprint
4.2 ha
Volume, LiDAR
275,234 m³
3 parcels, Flanders · tallest building 41.6 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
2 establishment units
Verbindingslaan Z/N, 3590 Diepenbeek
Manufacture of machinery and equipment not elsewhere classified
since 19732.008.491.797
JAGA
Booiebos 4, 9031 GentVocational training
since 20172.272.458.095
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71402D0304/00E002 Flanders 6.6 ha 1 · 3.8 ha 14.0 m · 2 fl.
44017D0849/00D000 Flanders 1.9 ha 1 · 4,690 m² 41.6 m · 2 fl.
71403E0040/00V000 Flanders 1.3 ha - -
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

3 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CLIMATE DESIGNERS FOR NET ZERO
  • Managing director, until 04-09-2026
  • Director, already before 21-09-2026 to date
CDNZ RE
  • Director, from 05-09-2026 to date
  • Managing director, from 05-09-2026 to date
Vybros Capital Partners
  • Director, until 04-09-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 owners · 2 holdings

Chain of control

  1. LICOMA 59.4%
  2. JAGA

Highest known parent: LICOMA. The sources do not say who stands above it.

Owners 2

Holdings 2

  • Jaga DeutschlandDEsubsidiary
    Equity -€178,144Result -€49,526
    100%
  • Jagaros LLCRU
    Equity -RUB 459,000Result RUB 492,000
    50%

According to the 2024 annual accounts of JAGA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 346,159 EUR awarded · 162,361 EUR paid
Year Entries awardedpaid
2025 3 198,700 EUR14,902 EUR
2024 2 29,212 EUR29,212 EUR
2023 2 82,820 EUR82,820 EUR
2022 2 35,427 EUR35,427 EUR
Schemes
1 entry · 183,798 EUR · Fonds voor Innoveren en Ondernemen
4 entries · 113,951 EUR · 113,951 EUR paid · Departement Werk en Sociale Economie
2 entries · 31,975 EUR · 31,975 EUR paid · Departement Werk en Sociale Economie
2 entries · 16,435 EUR · 16,435 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

1 ended
Magazijnmedewerker (so)
ended · 2017 to 2022

Legal Entity Identifier

894500OBY76UQDSCXE47
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 362 companies in sector 25210 we hold annual accounts for 281. 165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded01-01-1973
Fiscal year end31-12
Activities, NACEBEL 2025
25210Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0413382425
Also 9925:BE0413382425

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.