JAGGAB
ActiveSummary
JAGGAB has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.38M and a net result of €448k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 58% of 151 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+1
Solvency79=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.02 in 2024; short-term debt: 15.1% and cash: 0.5% of total assets), and 46.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.9%
Return on assets
4.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
20 d late
2023
37 d late
2022
28 d late
2021
29 d late
2020
30 d late
2018
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€448k▲ 7.0%
2024 · €419k
2018: €322k
2020: €-37klowest value
2021: €516k▲ +1501% vs 2020highest value
2022: €427k▼ -17.1% vs 2021
2023: €440k▲ +2.9% vs 2022
2024: €419k▼ -4.8% vs 2023
2025: €448k▲ +7.0% vs 2024
2018 → 2025
Working capital
€-1.40M▼ 10.6%
2024 · €-1.27M
2018: €38khighest value
2020: €-382k
2021: €-417k▼ -8.9% vs 2020
2022: €-355k▲ +14.8% vs 2021
2023: €-246k▲ +30.6% vs 2022
2024: €-1.27M▼ -415% vs 2023
2025: €-1.40M▼ -10.6% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.73M-€4.89M▲ 3.3%€5.06M▲ 3.5%€5.21M▲ 2.9%€5.38M▲ 3.4%
2021: €4.73Mlowest in 5 years
2022: €4.89M▲ +3.3% vs 2021
2023: €5.06M▲ +3.5% vs 2022
2024: €5.21M▲ +2.9% vs 2023
2025: €5.38M▲ +3.4% vs 2024highest in 5 years
Operating result€-9k-€-11k▼ 30.2%€-8k▲ 26.2%€-11k▼ 26.6%€-28k▼ 163%
2021: €-9k
2022: €-11k▼ -30.2% vs 2021
2023: €-8k▲ +26.2% vs 2022highest in 5 years
2024: €-11k▼ -26.6% vs 2023
2025: €-28k▼ -163% vs 2024lowest in 5 years
Net result€516k-€427k▼ 17.1%€440k▲ 2.9%€419k▼ 4.8%€448k▲ 7.0%
2021: €516khighest in 5 years
2022: €427k▼ -17.1% vs 2021
2023: €440k▲ +2.9% vs 2022
2024: €419k▼ -4.8% vs 2023lowest in 5 years
2025: €448k▲ +7.0% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €28k in 2025 against €11k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.98M
Fixed assets
€9.88M ▲ 3.0%
Current assets
€105k ▲ 244%
Equity and liabilities €9.98M
Equity
€5.38M ▲ 3.4%
Debt
€4.60M ▲ 4.3%
Debt's share of the balance-sheet total rises from 45.9% to 46.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.07▲
2024 · 0.02
Debt to equity
0.85▲
2024 · 0.85
ROE
8.3%▲
2024 · 8.0%
ROA
4.5%▲
2024 · 4.4%
Debt ≤ 1 year
€1.51M▲
2024 · €1.30M
Debt > 1 year
€3.03M▼
2024 · €3.09M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.62M€9.98M▲
Fixed assets21/28€9.59M€9.88M▲
Financial fixed assets28€9.59M€9.88M▲
Current assets29/58€31k€105k▲
Amounts receivable within one year40/41€12k€12k▲
Trade receivables40€10k€10k=
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€19k€47k▲
Deferred charges and accrued income490/1€0€46k▲
Equity and liabilities
Total equity and liabilities10/49€9.62M€9.98M▲
Equity10/15€5.21M€5.38M▲
Contributions10/11€3.26M€3.26M=
Capital10€3.26M€3.26M=
Issued capital100€3.26M€3.26M=
Reserves13€1.95M€2.13M▲
Non-distributable reserves130/1€108k€130k▲
Legal reserve130€108k€130k▲
Distributable reserves133€1.84M€2.00M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€4.41M€4.60M▲
Amounts payable after more than one year17€3.09M€3.03M▼
Other amounts payable178/9€3.09M€3.03M▼
Amounts payable within one year42/48€1.30M€1.51M▲
Trade debts44€12k€10k▼
Suppliers440/4€12k€10k▼
Taxes, remuneration and social security45-€707
Taxes450/3-€707
Other amounts payable47/48€1.29M€1.50M▲
Accrued charges and deferred income492/3€25k€63k▲
Income statement
Code20242025
Other operating charges640/8€2k€998▼
Non-recurring operating charges66A-€10k
Gross operating margin9900€-9k€-17k▼
Operating profit (loss)9901€-11k€-28k▼
Financial income75/76B€460k€646k▲
Recurring financial income75€460k€646k▲
Financial charges65/66B€31k€171k▲
Recurring financial charges65€31k€171k▲
Profit (loss) for the period before taxes9903€419k€448k▲
Profit (loss) for the period9904€419k€448k▲
Profit (loss) for the period to be appropriated9905€419k€448k▲
Appropriation of the result
Profit (loss) to be appropriated9906€419k€448k▲
Transfer to equity691/2€149k€178k▲
To the legal reserve6920-€22k
To other reserves6921€149k€155k▲
Profit to be distributed694/7€270k€270k=
Return on contributions (dividend)694€270k€270k=
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €868 | €960 | €2k | €998 | ▼ 47.1% |
| Non-recurring operating charges66A | - | - | - | - | €10k | - |
| Gross operating margin9900 | €-8k | €-10k | €-7k | €-9k | €-17k | ▼ 95.4% |
| Operating profit (loss)9901 | €-9k | €-11k | €-8k | €-11k | €-28k | ▼ 163% |
| Financial income75/76B | €550k | €460k | €467k | €460k | €646k | ▲ 40.5% |
| Recurring financial income75 | €550k | €460k | €467k | €460k | €646k | ▲ 40.5% |
| Financial charges65/66B | €26k | €21k | €19k | €31k | €171k | ▲ 455% |
| Recurring financial charges65 | €26k | €21k | €19k | €31k | €171k | ▲ 455% |
| Profit (loss) for the period before taxes9903 | €516k | €427k | €440k | €419k | €448k | ▲ 7.0% |
| Profit (loss) for the period9904 | €516k | €427k | €440k | €419k | €448k | ▲ 7.0% |
| Profit (loss) for the period to be appropriated9905 | €516k | €427k | €440k | €419k | €448k | ▲ 7.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.43M | €8.43M | €8.47M | €9.62M | €9.98M | ▲ 3.8% |
| Fixed assets21/28 | €8.43M | €8.43M | €8.43M | €9.59M | €9.88M | ▲ 3.0% |
| Financial fixed assets28 | €8.43M | €8.43M | €8.43M | €9.59M | €9.88M | ▲ 3.0% |
| Current assets29/58 | €4k | €2k | €40k | €31k | €105k | ▲ 244% |
| Amounts receivable within one year40/41 | €2k | €997 | €997 | €12k | €12k | ▲ 0.1% |
| Trade receivables40 | €605 | €0 | - | €10k | €10k | = |
| Other amounts receivable41 | €997 | €997 | €997 | €2k | €2k | ▲ 0.4% |
| Cash at bank and in hand54/58 | €3k | €1k | €32k | €19k | €47k | ▲ 153% |
| Deferred charges and accrued income490/1 | - | - | €7k | €0 | €46k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.43M | €8.43M | €8.47M | €9.62M | €9.98M | ▲ 3.8% |
| Equity10/15 | €4.73M | €4.89M | €5.06M | €5.21M | €5.38M | ▲ 3.4% |
| Contributions10/11 | €3.26M | €3.26M | €3.26M | €3.26M | €3.26M | = |
| Capital10 | €3.26M | €3.26M | €3.26M | €3.26M | €3.26M | = |
| Issued capital100 | €3.26M | €3.26M | €3.26M | €3.26M | €3.26M | = |
| Reserves13 | €1.47M | €1.63M | €1.80M | €1.95M | €2.13M | ▲ 9.1% |
| Non-distributable reserves130/1 | €108k | €108k | €108k | €108k | €130k | ▲ 20.8% |
| Legal reserve130 | €108k | €108k | €108k | €108k | €130k | ▲ 20.8% |
| Distributable reserves133 | €1.37M | €1.52M | €1.69M | €1.84M | €2.00M | ▲ 8.4% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €3.70M | €3.55M | €3.41M | €4.41M | €4.60M | ▲ 4.3% |
| Amounts payable after more than one year17 | €3.26M | €3.17M | €3.11M | €3.09M | €3.03M | ▼ 1.9% |
| Other amounts payable178/9 | €3.26M | €3.17M | €3.11M | €3.09M | €3.03M | ▼ 1.9% |
| Amounts payable within one year42/48 | €421k | €357k | €286k | €1.30M | €1.51M | ▲ 16.1% |
| Trade debts44 | €3k | €2k | €0 | €12k | €10k | ▼ 17.1% |
| Suppliers440/4 | €3k | €2k | €0 | €12k | €10k | ▼ 17.1% |
| Taxes, remuneration and social security45 | - | - | - | - | €707 | - |
| Taxes450/3 | - | - | - | - | €707 | - |
| Other amounts payable47/48 | €418k | €355k | €286k | €1.29M | €1.50M | ▲ 16.4% |
| Accrued charges and deferred income492/3 | €26k | €21k | €19k | €25k | €63k | ▲ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €516k | €427k | €440k | €419k | €448k | ▲ 7.0% |
| Operating cash flow (approximation) | €516k | €427k | €440k | €419k | €448k | ▲ 7.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-1.16M | €-291k | ▲ 74.8% |
| Change in cash | - | €-1k | €31k | €-13k | €28k | ▲ 314% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 37 days late
2023
31-12
Financial
Equity above €5MEq €5.06M ▲3.5%
3 profitable years in a row build equity to €5.06M.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Back to profitnet €516k
Net result €516k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 275 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2025
Ground area
1,965 m²
Building footprint
462 m²
Parcel 57463L0290/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
JAGGAB
since 20252.376.202.367
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57463L0290/00F000 | Wallonia | 1,965 m² | 1 · 462 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,225 companies in sector 33200 we hold annual accounts for 677. 157 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
Founded23-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
18130Pre-press and pre-media services
Scores and ratios are computed by Checked and are not a credit decision.