JENOVATION
ActiveJENOVATION has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119k and a net result of €-16k. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
2
/ 100
Critical▼ -64 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency16▼-23
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 1.15 in 2024), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
18.6%
Return on assets
-2.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27446 sector peers (2025).
NBB · sector comparisonPosition among 27446 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
on the day
2022
on the day
2021
on the day
2020
3 d early
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€119k▼ 11.8%
2024 · €135k
2019: €-19k
2020: €21k
2021: €82k
2022: €142k
2023: €56k
2024: €135k
2019 → 2025
Total assets
€640k▲ 15.9%
2024 · €553k
2019: €161k
2020: €323k
2021: €440k
2022: €643k
2023: €575k
2024: €553k
2019 → 2025
Net result
€-16k
2024 · €78k
2019: €-25k
2020: €40k
2021: €60k
2022: €61k
2023: €-86k
2024: €78k
2019 → 2025
Working capital
€-183k
2024 · €62k
2019: €-19k
2020: €21k
2021: €82k
2022: €64k
2023: €-19k
2024: €62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82k-€142k▲ 74.6%€56k▼ 60.4%€135k▲ 139%€119k▼ 11.8%
Operating result€81k-€89k▲ 9.0%€-68k€94k€-2k
Net result€60k-€61k▲ 0.6%€-86k€78k€-16k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €94k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €640k
Fixed assets
€302k▲ 318%
Current assets
€338k▼ 29.6%
Equity and liabilities €640k
Equity
€119k▼ 11.8%
Debt
€522k▲ 24.8%
The debt ratio rises from 75.6% to 81.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€4k▼
2024 · €97k
Cash flow
€-10k▼
2024 · €82k
Solvency
18.6%▼
2024 · 24.4%
Current ratio
0.65▼
2024 · 1.15
Quick ratio
0.20▼
2024 · 0.29
Debt / equity
4.39▲
2024 · 3.10
ROE
-13.3%▼
2024 · 58.2%
ROA
-2.5%▼
2024 · 14.2%
Interest coverage
0.26▼
2024 · 5.78
Debt
€522k▲
2024 · €418k
Debt ≤ 1 year
€522k▲
2024 · €418k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€553k€640k▲
Fixed assets21/28€72k€302k▲
Tangible fixed assets22/27€72k€302k▲
Land and buildings22€72k€302k▲
Current assets29/58€480k€338k▼
Stocks and contracts in progress3€359k€236k▼
Stocks30/36€149k€75k▼
Contracts in progress37€210k€161k▼
Amounts receivable within one year40/41€96k€97k▲
Trade receivables40€70k€70k=
Other amounts receivable41€26k€27k▲
Cash at bank and in hand54/58€18k€1k▼
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€553k€640k▲
Equity10/15€135k€119k▼
Contributions10/11€6k€6k=
Reserves13€128k€128k=
Distributable reserves133€128k€128k=
Profit (loss) carried forward14€43€-16k▼
Amounts payable17/49€418k€522k▲
Amounts payable within one year42/48€418k€522k▲
Financial debts43€252k€364k▲
Credit institutions430/8€252k€364k▲
Trade debts44€82k€71k▼
Suppliers440/4€82k€71k▼
Taxes, remuneration and social security45€6k€36▼
Taxes450/3€6k€36▼
Other amounts payable47/48€78k€86k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€102k€8k▼
Operating profit (loss)9901€94k€-2k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€17k€15k▼
Recurring financial charges65€17k€15k▼
Profit (loss) for the period before taxes9903€78k€-16k▼
Income taxes67/77€0-
Profit (loss) for the period9904€78k€-16k▼
Profit (loss) for the period to be appropriated9905€78k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€-16k▼
Profit (loss) brought forward from the previous period14P€72€43▼
Transfer from equity791/2€0-
Transfer to equity691/2€78k€0▼
To other reserves6921€78k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
30-06
Financial
Equity above €100kEq €135k ▲139%
Equity rises from €56k to €135k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-86k ▼241%
Net result drops to €-86k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €142k ▲74.6%
3 profitable years in a row build equity to €142k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wevelgem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Torrestraat 1748560 WevelgemGround area
2,145 m²
Building footprint
243 m²
Volume, LiDAR
15 m³
Parcel 34012B0287/00P000, Flanders · tallest building 3.6 m. Linked by address, not a title deed.
1 establishment unit
JENOVATION
since 20172.270.050.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012B0287/00P000 | Flanders | 2,145 m² | 1 · 243 m² | 3.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Revid
BE 0752.774.339
Eeklo · Eq €119k
BAUS
BE 0525.656.955
Wellen · Eq €119k
TOORA BENELUX
BE 0839.864.602
Dilsen-Stokkem · Eq €119k
GOELEN
BE 0464.589.616
Rumst · Eq €119k
JAN RENOVA
BE 0808.286.647
Tervuren · Eq €119k
Of 7,248 companies in sector 43350 we hold annual accounts for 2,333. 1,930 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2017
Fiscal year end30-06
Activities, NACEBEL
43350Other building finishing work
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.