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JOGILO

Active Public limited companyfounded 1992active for 34 yearsWildebeekstraat 147/149, 9473 DenderleeuwKBO/BCE: BE 0447.500.491 #2 company by total assets in Denderleeuw, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €32.7m (2014)
€25.5m▲ 141%
lowest -€2.2m (2017)
€2.0m▲ €2.5m
peak €2.8m (2016)
€613,114▲ €2.0m
€10.6m▼ 3.6%
peak 20.8 FTE (2017)
5.4 FTE▼ 3.6%
Board6 names since 2017
1 director
Owners
  
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Turnover from €10.6m to €25.5mBack to profit: €2.0mEquity from -€1.4m to €613,114Cash from €46,225 to €1.9m

Key points

from the 2025 annual accounts

Equity

€613,114 from €2.8m in 2016

Equity fell by 78% in 9 years.

Turnover

€25.5m ▲ 141%
€11m2024€25m2025

Turnover rose in 2025 from €10.6m to €25.5m.

Debts

€10.6m 94% of the balance sheet
Financial debts 73%Suppliers 4%Taxes and wages 10%Other 13%

€6.9m of the debts are secured on the company's own assets. In 2021 that was €8.8m.

Staff

5.4 FTE from 20.8 in 2017

Between 2017 and 2025, 74% of the full-time equivalents disappeared.

Payment terms

7 days to suppliers
Suppliers
9 to 7
Customers
212 to 70

JOGILO pays its suppliers 2 days earlier than in 2024. Customers pay 142 days earlier.

Position in the sector

5.5%

Lower solvency than 91% of companies in clothing. Sector median 45.4% · 50 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 931 companies had the same profile as JOGILO has now. Each dot stands for 3 companies, two years later.

93.1%
were still trading
4.6%
stopped another way
1.9%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 931 companies, not a prediction for JOGILO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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Signals

Board and ownership

Director, , since 01-12-2020
  • 44.81%equity -€787,247 (2025) · 2025 annual accounts of

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447500491
Appointment: L&S Bedrijfsrevisoren BV (statutory auditor) Permanent representative: · General meeting of 26-05-2023 · Gazette deed
New statutory auditor Luteijn,Serghini & Co Bedrijfsrevisoren BV appointed, Luteijn,Serghini & Co Bedrijfsrevisoren BV resigned · Permanent representative: · General meeting of 13-04-2021 · Gazette deed
Merger: JOVITEX takes over JOVITEX Company renamed from JOVITEX to JOGILO · Change of role: , from director to sole director · Resignation: (director) · General meeting of 01-12-2020 · Gazette deed
All 59 events

Comparable companies

same main activity, similar in size and age
Company
JOGILO Denderleeuw €25.5m 11.0% 5.5% 5.4
Sarco Temse €9.6m 2.1% 91.3% 26.6
WESCO Zwevegem €9.9m 15.8% 18.5% 14
Caroline Lebbeke €26.9m 13.4% 49.6% 36.9
ROVECO Ronse - - 75.6% 16.7
ATMOSPHERE Grimbergen - - 52.5% 7.8
FEESTARTIKELEN SALON ROGER Maaseik - - 97.4% 5.9
-10%0%10%20%€20,000€200,000€2m€20m€200mJOGILOEBIT margin

Grey: the largest companies of the sector (clothing (NACE 14)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as JOGILO: manufacture of outerwear (NACE 14210). They are comparable in size and age: total assets between €3.3m and €15m, founded between 1963 and 1991.

Official details

Source: KBO
Status
Active since 23-05-1992Normal situation
Activity
Manufacture of outerwearNACE 14210and 2 others
Joint committees
109Clothing and garment industry
215White-collar workers in the clothing and garment industry · annual accounts 2022
Establishment unit
2.057.822.3369450 Haaltert, since 16-06-1992
Financial year end
31 December
Peppol
Reachable since 16-10-2025
Company details

Annual accounts 2025

€11.2m▲ 17.3%
Employeeson 31-12-2025
5▼ 16.7%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on JOGILO

JOGILO has existed since 1992. The present size dates from 2025. Turnover rose that year from €10.6m to €25.5m.

Solvency rose in 2025 from -15.0% to 5.5% because of the retained profit.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JOGILO

What is the company number of JOGILO?
The company number of JOGILO is 0447.500.491. The VAT number is the same number with BE in front: BE 0447.500.491.
Where is JOGILO based?
The registered office is at Wildebeekstraat 147/149, 9473 Denderleeuw.Company details
What does JOGILO do?
According to the KBO register, the main activity is manufacture of outerwear (NACE 14210).
What is the legal form of JOGILO?
JOGILO is a public limited company (NV).
When was JOGILO founded?
JOGILO was founded on 23-05-1992.
Is JOGILO still active?
Yes, JOGILO is an active enterprise in the KBO register.
How many employees does JOGILO have?
JOGILO had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does JOGILO fall under?
In its 2022 annual accounts, JOGILO states joint committees 109 (Clothing and garment industry) and 215 (White-collar workers in the clothing and garment industry).
What is the turnover of JOGILO?
The turnover of JOGILO was €25.5m in financial year 2025, according to the filed annual accounts.
Is JOGILO profitable?
In financial year 2025, JOGILO made a profit of €2.0m.
Where can I find the annual accounts of JOGILO?
JOGILO filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JOGILO due?
JOGILO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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