JOGILO
ActiveSummary
JOGILO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €613,114 and a net result of €2.0m. Equity has been shrinking by about 6.5% per year since 2018. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 8% of 50 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-05-1992 Normal situation
- Activity
- Manufacture of outerwear NACE 14210and 2 others
- Joint committees
- 109 Paritair Comité voor het kleding- en confectiebedrijf
- 215 Paritair Comité voor de bedienden van het kleding- en confectiebedrijf · annual accounts 2022
- Establishment unit
- 2.057.822.336 9450 Haaltert, since 16-06-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 16-10-2025
Board and ownership
- VIMA BVDirector · since 01-12-2020
- VIMA44.81%2025 annual accounts of VIMA
- Holdings
- Shares in 1 company IMMO TER WARENT
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €25.5m
- ▲ 141%
- Profit
- €2.0m
- Equity
- €613,114
- Total assets
- €11.2m
- ▲ 17.3%
- Employees on 31-12-2025
- 5
- ▼ 16.7%
Score breakdownraises riskEquity €613,114 (5.5% of total assets)lowers riskSize: turnover €25.5m, 5.4 FTE, total assets €11.2mLiquidity: current ratio 0.96, cash €1.9mFounded in 1992Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 14, micro). It does better than 29% of them on solvency, 30% on liquidity, 70% on profitability and 96% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 14), the median for financial year 2024 was 6 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 39 filings
Every figure per financial year
The operating result for 2025 is 55 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 8 | 7 | 6 | 6 | 5 |
| full-time | 6 | 5 | 4 | 4 | 3 |
| part-time | 2 | 2 | 2 | 2 | 2 |
| in full-time equivalents | 7.6 | 6.6 | 5.6 | 5.6 | 4.6 |
| Average over the year, in full-time equivalents | 8.6 | 6.6 | 5.7 | 5.6 | 5.4 |
| On a permanent contract | 8 | 7 | 6 | 6 | 5 |
| Joined | 1 | 0 | 0 | - | 0 |
| Left | 5 | 1 | 1 | - | 1 |
| Agency workers, average number | 0.2 | - | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €8.8m | €11.5m | €5.6m | €7.4m | €6.9m |
| Mortgages, amount registered | €1.3m | €793,259 | €793,259 | €793,259 | €793,259 |
| Carrying value of the mortgaged assets | €199,826 | €172,342 | €147,293 | €123,490 | €102,867 |
| Pledge on the business | €24.7m | €24.7m | €24.7m | €23.1m | €22.8m |
| Pledge on other assets, amount secured | €18.0m | €18.0m | €18.0m | €2.9m | €18.0m |
| Carrying value of the other pledged assets | €7.1m | €10.6m | €2.1m | - | €3.5m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,248 | €71,500 | €33,461 | - | - |
| Financial fixed assets | - | - | €0 | €0 | €0 |
| Depreciation and write-downs of the year | €149,569 | €133,700 | €116,410 | €107,982 | €92,011 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is L&S Réviseurs d'Entreprises, L&S Bedrijfsrevisoren, L&S Registered Auditors.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €10,000 | €12,342 | €12,340 | €12,960 | €13,220 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2025 · 1 entry · €2,995 awarded · €2,995 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €17.3m | €24.6m | €11.5m | €10.6m | €25.5m | ▲ 141% |
| Turnover70 | €27.6m | €26.2m | €19.0m | €17.2m | €24.6m | €11.4m | €10.6m | €25.5m | ▲ 141% |
| Other operating income74 | - | - | - | €0.06m | €0.03m | €0.1m | €0.03m | €0.02m | ▼ 36.2% |
| Non-recurring operating income76A | - | - | - | €0.01m | €0.003m | €0.04m | €0.003m | €0 | ▼ 100% |
| Operating charges60/66A | - | - | - | €16.9m | €23.9m | €11.6m | €10.5m | €22.7m | ▲ 116% |
| Goods for resale, raw materials and consumables60 | - | - | - | €14.2m | €21.4m | €10.1m | €9.2m | €20.5m | ▲ 122% |
| Purchases600/8 | - | - | - | €13.2m | €23.7m | €8.6m | €8.3m | €21.6m | ▲ 159% |
| Change in stocks: decrease (increase)609 | - | - | - | €1.1m | -€2.3m | €1.5m | €0.9m | -€1.0m | - |
| Services and other goods61 | - | - | - | €2.1m | €1.7m | €0.9m | €0.7m | €1.6m | ▲ 116% |
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 14.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.08m | €0.02m | -€0.03m | -€0.07m | -€0.02m | ▲ 70.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | €0.005m | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.2m | €0.009m | €0.009m | €0.02m | ▲ 142% |
| Operating profit (loss)9901 | €0.7m | €0.2m | €0.2m | €0.3m | €0.7m | -€0.1m | €0.05m | €2.8m | ▲ 55× |
| Financial income75/76B | - | - | - | €0.02m | €5.4m | €0.02m | €0.02m | €0.02m | ▲ 4.2% |
| Recurring financial income75 | €0.03m | €0.03m | €0.8m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 4.2% |
| Income from financial fixed assets750 | - | - | - | €0 | - | - | - | - | - |
| Income from current assets751 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 3.4% |
| Other financial income752/9 | - | - | - | €0.003m | €0.006m | €0.002m | €67 | €223 | ▲ 233% |
| Non-recurring financial income76B | - | - | - | - | €5.3m | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €0.5m | €5.8m | €0.5m | €0.5m | €0.7m | ▲ 43.5% |
| Recurring financial charges65 | €0.7m | €0.3m | €0.9m | €0.4m | €0.4m | €0.5m | €0.5m | €0.7m | ▲ 43.5% |
| Debt charges650 | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.6m | ▲ 34.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €0 | -€0.5m | €0 | - | - | - |
| Other financial charges652/9 | - | - | - | €0.05m | €0.5m | €0.04m | €0.03m | €0.08m | ▲ 183% |
| Non-recurring financial charges66B | - | - | - | €0.1m | €5.3m | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1.4m | -€0.04m | €0.09m | -€0.2m | €0.3m | -€0.6m | -€0.4m | €2.1m | - |
| Income taxes67/77 | €0.03m | €0.002m | €0.001m | €0.002m | €0.001m | €0.001m | €0.02m | €0.1m | ▲ 379% |
| Taxes670/3 | - | - | - | €0.002m | €0.001m | €0.001m | €0.02m | €0.1m | ▲ 379% |
| Profit (loss) for the period9904 | -€1.5m | -€0.05m | €0.09m | -€0.2m | €0.3m | -€0.6m | -€0.4m | €2.0m | - |
| Profit (loss) for the period to be appropriated9905 | -€1.5m | -€0.05m | €0.09m | -€0.2m | €0.3m | -€0.6m | -€0.4m | €2.0m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.3m | €5.8m | €12.3m | €11.8m | €17.1m | €7.2m | €9.6m | €11.2m | ▲ 17.3% |
| Fixed assets21/28 | €3.5m | €3.3m | €3.0m | €2.8m | €2.7m | €2.6m | €2.5m | €2.4m | ▼ 3.7% |
| Intangible fixed assets21 | €0.07m | €0.02m | €0.006m | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.9m | €0.7m | €0.7m | €0.6m | €0.5m | €0.5m | €0.3m | €0.3m | ▼ 26.7% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 16.7% |
| Plant, machinery and equipment23 | - | - | - | €0.07m | €0.05m | €0.04m | €0.02m | €0.01m | ▼ 44.5% |
| Furniture and vehicles24 | - | - | - | €0.09m | €0.1m | €0.1m | €0.08m | €0.06m | ▼ 33.4% |
| Leasing and similar rights25 | - | - | - | €0.04m | €0.03m | €0.02m | €0.004m | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.08m | ▼ 26.5% |
| Financial fixed assets28 | €2.5m | €2.5m | €2.3m | €2.2m | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Affiliated companies280/1 | - | - | - | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Participating interests280 | - | - | - | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | = |
| Other financial fixed assets284/8 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Shares284 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Current assets29/58 | €2.8m | €2.5m | €9.3m | €9.0m | €14.5m | €4.6m | €7.1m | €8.8m | ▲ 24.7% |
| Stocks and contracts in progress3 | €0.08m | €0.08m | €1.1m | €0.1m | €2.4m | €0.9m | €0.07m | €1.1m | ▲ 17× |
| Stocks30/36 | - | - | - | €0.1m | €2.4m | €0.9m | €0.07m | €1.1m | ▲ 17× |
| Goods purchased for resale34 | - | - | - | €0.1m | €2.4m | €0.9m | €0.07m | €1.1m | ▲ 17× |
| Amounts receivable within one year40/41 | €1.9m | €1.7m | €6.7m | €8.7m | €11.6m | €3.6m | €6.8m | €5.6m | ▼ 17.7% |
| Trade receivables40 | - | - | - | €8.0m | €10.9m | €3.0m | €6.1m | €4.9m | ▼ 20.0% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.8m | €0.6m | €0.7m | €0.7m | ▲ 4.1% |
| Cash at bank and in hand54/58 | €0.1m | €0.05m | €0.6m | €0.03m | €0.09m | €0.009m | €0.05m | €1.9m | ▲ 42× |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.3m | €0.07m | €0.2m | €0.2m | ▼ 1.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.3m | €5.8m | €12.3m | €11.8m | €17.1m | €7.2m | €9.6m | €11.2m | ▲ 17.3% |
| Equity10/15 | -€0.6m | -€0.6m | -€0.5m | -€0.7m | -€0.4m | -€1.0m | -€1.4m | €0.6m | - |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Capital10 | - | - | - | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Issued capital100 | - | - | - | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Legal reserve130 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | -€2.4m | -€2.5m | -€2.4m | -€2.5m | -€2.3m | -€2.8m | -€3.3m | -€1.2m | ▲ 62.6% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €0.005m | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | €0.005m | - |
| Pensions and similar obligations160 | - | - | - | - | - | - | - | €0.005m | - |
| Amounts payable17/49 | €6.9m | €6.4m | €12.9m | €12.5m | €17.6m | €8.2m | €11.0m | €10.6m | ▼ 3.6% |
| Amounts payable after more than one year17 | €1.7m | €1.5m | €1.4m | €1.1m | €2.0m | €1.8m | €1.6m | €1.4m | ▼ 11.2% |
| Financial debts170/4 | - | - | - | €1.1m | €2.0m | €1.8m | €1.6m | €1.4m | ▼ 11.2% |
| Subordinated loans170 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Leasing and similar obligations172 | - | - | - | €0.03m | €0.02m | €0.01m | €0 | - | - |
| Credit institutions173 | - | - | - | - | €0.9m | €0.7m | €0.5m | €0.4m | ▼ 33.3% |
| Other loans174 | - | - | - | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €4.2m | €4.8m | €11.4m | €11.3m | €15.5m | €6.4m | €9.4m | €9.2m | ▼ 2.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 4.7% |
| Financial debts43 | - | - | - | €8.8m | €10.5m | €4.7m | €6.7m | €6.4m | ▼ 4.2% |
| Credit institutions430/8 | - | - | - | €8.8m | €10.5m | €4.7m | €6.7m | €6.4m | ▼ 4.2% |
| Trade debts44 | €0.7m | €0.4m | €0.5m | €0.4m | €2.2m | €0.2m | €0.3m | €0.4m | ▲ 61.8% |
| Suppliers440/4 | - | - | - | €0.4m | €2.2m | €0.2m | €0.3m | €0.4m | ▲ 61.8% |
| Taxes, remuneration and social security45 | - | - | - | €1.3m | €1.9m | €0.5m | €0.6m | €1.1m | ▲ 82.7% |
| Taxes450/3 | - | - | - | €1.2m | €1.8m | €0.4m | €0.5m | €1.0m | ▲ 92.5% |
| Remuneration and social security454/9 | - | - | - | €0.07m | €0.1m | €0.06m | €0.06m | €0.06m | ▼ 2.4% |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.7m | €0.9m | €1.7m | €1.1m | ▼ 33.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.07m | €0.01m | €0.007m | €0.007m | ▼ 9.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.5m | -€0.05m | €0.09m | -€0.2m | €0.3m | -€0.6m | -€0.4m | €2.0m | - |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 14.8% |
| Operating cash flow (approximation) | -€1.3m | €0.1m | €0.3m | -€0.02m | €0.4m | -€0.5m | -€0.3m | €2.1m | - |
| Investment in fixed assets (approximation) | - | €0.003m | €0.1m | €0.1m | -€0.07m | -€0.03m | €0 | €0 | - |
| Change in cash | - | -€0.07m | €0.6m | -€0.6m | €0.07m | -€0.08m | €0.04m | €1.9m | ▲ 51× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 931 companies had the same profile as JOGILO has now. Two years later, 93.2% were still going and 1.9% had gone 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.
The bankruptcy probability of JOGILO itself is lower: 0.2% within 12 months. It rests on far more data about JOGILO than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 29-06-2026 | 2026-00213972 | |
| 31-12-2024 | full format | 16-07-2025 | 2025-00274960 | |
| 31-12-2023 | full format | 10-07-2024 | 2024-00234755 | |
| 31-12-2022 | full format | 06-06-2023 | 2023-00108481 | |
| 31-12-2021 | full format | 31-05-2022 | 2022-20038024 | |
| 31-12-2020 | full format | 07-06-2021 | 2021-17400439 | |
| 31-12-2019 | full format | 26-06-2020 | 2020-21500368 | |
| 31-12-2018 | full format | 17-01-2020 | 2020-02000134 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-43100148 | |
| 31-12-2016 | full format | 18-07-2017 | 2017-32400129 |
Board & ownership
Directors
Board 1
Statutory auditor 1
Owners and capital
Shareholders
1 ownerOwners 1
-
44.81%
Mandate history
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| VIMA BV |
|
| L&S Réviseurs d'Entreprises, L&S Bedrijfsrevisoren, L&S Registered Auditors |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- IMMO TER WARENTsubsidiarySourceown accounts 2025Equity €4.5m Profit of €240,165 in 2025 (profit of €83,442 in 2024) Checked score 9279.06%
Connections & network
1 current directorThe network starts from the directors of JOGILO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
14-11
Gazette deed
Appointment: L&S Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Jan Vijverman3 points ▸
- General meeting, 26-05-2023
- Auditor appointment, L&S Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Jan Vijverman
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41010B0737/00F003 | Flanders | 2.2 ha | 1 · 1.2 ha | 15.0 m · 4 |
| 41076B1122/00C000 | Flanders | 1,343 m² | 1 · 449 m² | 8.8 m · 2 |