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JOMIVAR

Active Private limited companyfounded 2012active for 14 yearsHeerbaan (M.-P.) 16, 9790 Wortegem-PetegemKBO/BCE: BE 0847.128.219

Lifetime

12 annual accounts with figures on one time axis
peak €328,516 (2019)
€24,157▼ 92.4%
lowest -€540,552 (2021)
-€289,635▼ €264,215
peak €332,436 (2017)
-€1.3m▼ €289,635
€2.8m▼ 5.1%
Board2 names since 2012
2 directors and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
14-10-202575 days late
2024abbreviated format
Gross margin from €317,222 to €24,157Loss of €289,635Appointments: (director) and (director) 17-01Equity from -€1.0m to -€1.3mCash from €23,881 to €2,555

Key points

from the 2024 annual accounts

Equity

-€1.3m
201920202021202220232024

Debts exceed assets in financial year 2024.

Losses

-€1.4m in five years
-240,4682020-540,5522021-343,0812022-25,4202023-289,6352024

Every financial year from 2020 to 2024 closed with a loss. 2021 was the heaviest.

Debts

€2.8m 185% of the balance sheet
Financial debts 51%Suppliers 34%Taxes and wages 0%Other 15%

€1.4m of the debts are secured on the company's own assets. In 2023 that was €1.5m.

Investments

€5,495 0.0 × depreciation
2021202220232024

Green is investment, beige is depreciation.

Filings

12 annual accounts 105 days past the deadline
AprilJune31 JulyOctober20152020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-85.0%

Lower solvency than 95% of companies in crop and animal production. Sector median 40.7% · 1,694 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 600 companies had the same profile as JOMIVAR has now. Each dot stands for 2 companies, two years later.

83.2%
were still trading
6.3%
stopped another way
9.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 600 companies, not a prediction for JOMIVAR. 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.

Credit verdict

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Signals

Board and ownership

Director, since 28-06-2012
Director, since 28-06-2012
  • 50%annual accounts 2022
  • 50%annual accounts 2022
Board & ownership

Recent changes

Reorganisation ended early Enterprise Court of Ghent, Oudenaarde division · judgment of 28-08-2026 · Judicial reorganisation
Judicial reorganisation opened Enterprise Court of Ghent · collective agreement (SME) · judgment of 28-05-2026 · Judicial reorganisation
Registered in the Peppol Directory Reachable for e-invoices through 0208:0847128219
Appointments: (director) and (director) “Het kweken van varkens; De handel van varkens; Aan- en verkopen,in- en uitvoer zowel groot als kleinhandel van…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 14-12-2023 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
JOMIVAR Wortegem-Petegem €1.5m €24,157 -85.0% -
HOEVAR Ravels €0.9m €39,702 61.9% -
MARCKELBACH Wellen €2.0m €87,693 21.9% -
JBT Agribo Hoogstraten €1.0m €97,829 49.6% -
LAVAPIC Staden €1.4m €44,911 99.6% 0
GIVARCO Kaprijke €1.3m €40,946 23.0% 0.8
AN-BIJSTER Assenede €1.3m €123,406 11.8% -

These companies have the same main activity as JOMIVAR: crop and animal production, hunting and related service activities (NACE 01462). They are comparable in size and age: total assets between €931,000 and €2m, founded between 2004 and 2014.

Official details

Source: KBO
Status
Active since 28-06-2012Normal situation
Activity
Crop and animal production, hunting and related service activitiesNACE 01462and 1 other
Establishment unit
2.210.626.2389790 Wortegem-Petegem, since 01-07-2012
Financial year end
31 December
Peppol
Reachable since 30-03-2026
Company details

Annual accounts 2024

≈ €120,000estimated
€1.5m▼ 22.5%
Filing
Filed on 14-10-2025
Financials

Insights on JOMIVAR

JOMIVAR files the abbreviated format. That format states no turnover. The gross margin rose from -€29,345 in 2013 to €24,157 in 2024.

The balance sheet grew most from 2014 to 2015 through fixed assets.

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 JOMIVAR

What is the company number of JOMIVAR?
The company number of JOMIVAR is 0847.128.219. The VAT number is the same number with BE in front: BE 0847.128.219.
Where is JOMIVAR based?
The registered office is at Heerbaan (M.-P.) 16, 9790 Wortegem-Petegem.Company details
What does JOMIVAR do?
According to the KBO register, the main activity is crop and animal production, hunting and related service activities (NACE 01462).
What is the legal form of JOMIVAR?
JOMIVAR is a private limited company (BV).
When was JOMIVAR founded?
JOMIVAR was founded on 28-06-2012.
Is JOMIVAR still active?
Yes, JOMIVAR is an active enterprise in the KBO register.
What is the turnover of JOMIVAR?
The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €24,157 and 33 comparable companies (NACE 01). It probably lies between €65,000 and €770,000. It is a rough estimate.Financials
Is JOMIVAR profitable?
In financial year 2024, JOMIVAR made a loss of €289,635.
Where can I find the annual accounts of JOMIVAR?
JOMIVAR filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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