JOVACK
ActiveSummary
JOVACK has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €298,473 and a net result of €30,216. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 49% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▲+44
Solvency79▼-6
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 2.38 against 2.78 in 2024; short-term debt: 40.3% of total assets), and 45.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
54.2%
Return on assets
5.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
on the day
2022
2 d late
2021
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€298,473▲ 11.3%
2024 · €268,257
Total assets
€551,059▲ 23.2%
2024 · €447,381
Net result
€30,216
2024 · -€13,656
Working capital
€305,422▲ 16.8%
2024 · €261,474
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€29,170-€73,623▲ 152%-€41,208-€11,446▲ 72.2%€14,988
Net result-€2,728below the sector's middle half-€49,745within the sector's middle half-€41,433below the sector's middle half-€13,656below the sector's middle half▲ 67.0%€30,216within the sector's middle half
Equity€273,600above the sector's middle half-€323,346above the sector's middle half▲ 18.2%€281,913above the sector's middle half▼ 12.8%€268,257above the sector's middle half▼ 4.8%€298,473above the sector's middle half▲ 11.3%
Total assets€500,217within the sector's middle half-€482,603within the sector's middle half▼ 3.5%€491,212above the sector's middle half▲ 1.8%€447,381within the sector's middle half▼ 8.9%€551,059above the sector's middle half▲ 23.2%
Debt€226,617-€138,551▼ 38.9%€188,593▲ 36.1%€158,417▼ 16.0%€231,880▲ 46.4%
Working capital€226,501above the sector's middle half-€322,542above the sector's middle half▲ 42.4%€278,256above the sector's middle half▼ 13.7%€261,474above the sector's middle half▼ 6.0%€305,422above the sector's middle half▲ 16.8%
Solvency54.7%within the sector's middle half-67.0%within the sector's middle half▲ 12.3pp57.4%within the sector's middle half▼ 9.6pp60.0%within the sector's middle half▲ 2.6pp54.2%within the sector's middle half▼ 5.8pp
Current ratio2.62within the sector's middle half-4.05within the sector's middle half▲ 1.442.68within the sector's middle half▼ 1.372.78within the sector's middle half▲ 0.092.38within the sector's middle half▼ 0.40
Return on assets (ROA)-0.5%below the sector's middle half-10.3%within the sector's middle half▲ 10.9pp-8.4%below the sector's middle half▼ 18.7pp-3.1%below the sector's middle half▲ 5.4pp5.5%within the sector's middle half▲ 8.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14,988 after a loss of €11,446 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €551,059
Fixed assets
€23,757 ▼ 38.6%
Current assets
€527,302 ▲ 29.0%
Equity and liabilities €551,059
Equity
€298,473 ▲ 11.3%
Provisions
€20,706 =
Debt
€231,880 ▲ 46.4%
Debt's share of the balance-sheet total rises from 35.4% to 42.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,895▲
2024 · €3,798
Cash flow
€45,124▲
2024 · €1,588
Debt to equity
0.78▲
2024 · 0.59
ROE
10.1%▲
2024 · -5.1%
Interest coverage
4.83▲
2024 · 0.88
Debt ≤ 1 year
€221,880▲
2024 · €147,241
Debt > 1 year
€10,000▼
2024 · €11,176
Income taxes
€5,737▲
2024 · €823
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,740 | €9,704 | €13,616 | €15,244 | €14,908 | ▼ 2.2% |
| Other operating charges640/8 | - | €4,055 | €2,900 | €4,087 | €2,519 | ▼ 38.4% |
| Gross operating margin9900 | €40,226 | €87,383 | -€24,693 | €7,885 | €32,415 | ▲ 311% |
| Operating profit (loss)9901 | €29,170 | €73,623 | -€41,208 | -€11,446 | €14,988 | ▲ 231% |
| Financial income75/76B | - | €121 | €799 | €2,935 | €27,159 | ▲ 825% |
| Recurring financial income75 | €176 | €121 | €799 | €2,935 | €27,159 | ▲ 825% |
| Financial charges65/66B | - | €2,707 | €359 | €4,322 | €6,193 | ▲ 43.3% |
| Recurring financial charges65 | €28,514 | €2,707 | €359 | €4,322 | €6,193 | ▲ 43.3% |
| Profit (loss) for the period before taxes9903 | €832 | €71,037 | -€40,768 | -€12,833 | €35,953 | ▲ 380% |
| Transfer to deferred taxes680 | - | €20,706 | €0 | - | - | - |
| Income taxes67/77 | €3,560 | €586 | €665 | €823 | €5,737 | ▲ 597% |
| Profit (loss) for the period9904 | -€2,728 | €49,745 | -€41,433 | -€13,656 | €30,216 | ▲ 321% |
| Transfer to tax-exempt reserves689 | - | €62,119 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€2,728 | -€12,374 | -€41,433 | -€13,656 | €30,216 | ▲ 321% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €500,217 | €482,603 | €491,212 | €447,381 | €551,059 | ▲ 23.2% |
| Fixed assets21/28 | €133,567 | €54,459 | €47,658 | €38,665 | €23,757 | ▼ 38.6% |
| Tangible fixed assets22/27 | €133,567 | €54,459 | €47,658 | €38,665 | €23,757 | ▼ 38.6% |
| Land and buildings22 | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €1,702 | €998 | €370 | €61 | ▼ 83.6% |
| Furniture and vehicles24 | - | €7,869 | €12,130 | €14,124 | €9,885 | ▼ 30.0% |
| Leasing and similar rights25 | - | €44,888 | €34,529 | €24,171 | €13,812 | ▼ 42.9% |
| Current assets29/58 | €366,650 | €428,145 | €443,554 | €408,716 | €527,302 | ▲ 29.0% |
| Stocks and contracts in progress3 | €29,607 | €50,514 | €0 | - | - | - |
| Stocks30/36 | - | €50,514 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €329,386 | €372,968 | €443,554 | €406,256 | €527,302 | ▲ 29.8% |
| Trade receivables40 | - | €53,791 | €137,009 | €15,000 | €15,486 | ▲ 3.2% |
| Other amounts receivable41 | - | €319,177 | €306,545 | €391,256 | €511,816 | ▲ 30.8% |
| Current investments50/53 | €4,480 | €4,480 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €182 | €182 | €0 | - | - | - |
| Deferred charges and accrued income490/1 | - | €0 | - | €2,460 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €500,217 | €482,603 | €491,212 | €447,381 | €551,059 | ▲ 23.2% |
| Equity10/15 | €273,600 | €323,346 | €281,913 | €268,257 | €298,473 | ▲ 11.3% |
| Contributions10/11 | - | €250 | €250 | €250 | €250 | = |
| Reserves13 | €273,350 | €323,096 | €281,663 | €268,007 | €298,223 | ▲ 11.3% |
| Tax-exempt reserves132 | - | €62,119 | €62,119 | €62,119 | €62,119 | = |
| Distributable reserves133 | - | €260,977 | €219,544 | €205,888 | €236,104 | ▲ 14.7% |
| Provisions and deferred taxes16 | - | €20,706 | €20,706 | €20,706 | €20,706 | = |
| Deferred taxes168 | - | €20,706 | €20,706 | €20,706 | €20,706 | = |
| Amounts payable17/49 | €226,617 | €138,551 | €188,593 | €158,417 | €231,880 | ▲ 46.4% |
| Amounts payable after more than one year17 | €81,388 | €32,949 | €23,295 | €11,176 | €10,000 | ▼ 10.5% |
| Financial debts170/4 | - | €32,949 | €23,295 | €11,176 | €10,000 | ▼ 10.5% |
| Amounts payable within one year42/48 | €140,149 | €105,603 | €165,298 | €147,241 | €221,880 | ▲ 50.7% |
| Current portion of amounts payable after more than one year42 | - | €10,769 | €10,260 | €10,260 | €11,387 | ▲ 11.0% |
| Financial debts43 | - | €3,132 | €1,019 | €5,065 | €5,609 | ▲ 10.7% |
| Credit institutions430/8 | - | €3,132 | €1,019 | €5,065 | €5,609 | ▲ 10.7% |
| Trade debts44 | €440 | €557 | €844 | €3,806 | €1,997 | ▼ 47.5% |
| Suppliers440/4 | - | €557 | €844 | €3,806 | €1,997 | ▼ 47.5% |
| Taxes, remuneration and social security45 | - | €7,717 | €17,414 | €24,434 | €20,523 | ▼ 16.0% |
| Taxes450/3 | - | €7,717 | €17,414 | €24,434 | €20,523 | ▼ 16.0% |
| Other amounts payable47/48 | - | €83,428 | €135,761 | €103,676 | €182,364 | ▲ 75.9% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,728 | €49,745 | -€41,433 | -€13,656 | €30,216 | ▲ 321% |
| + Depreciation and write-downs630 | €7,740 | €9,704 | €13,616 | €15,244 | €14,908 | ▼ 2.2% |
| Operating cash flow (approximation) | €5,011 | €59,449 | -€27,817 | €1,588 | €45,124 | ▲ 2,741% |
| Investment in fixed assets (approximation) | - | €69,404 | -€6,814 | -€6,252 | €0 | ▲ 100% |
| Change in cash | - | €0 | -€182 | - | - | - |
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
18-09
State Gazette act
Director resignation · Permanent representative
Director discharge · Director appointment
15-07
State Gazette act
Incorporation · Founding capital
Share class · Declaration
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €30,216
Net result €30,216 after 2 loss-making years.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet -€41,433
Net result drops to -€41,433, the lowest in the series; recovery starts the following year.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Back to profitnet €49,745
Net result €49,745 after one loss-making year.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Wingene · 1 establishment unit since 2014
Ground area
1,989 m²
Building footprint
273 m²
Volume, LiDAR
794 m³
2 parcels, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Jovack
since 20142.232.298.315
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012A0439/00K000 | Flanders | 1,421 m² | 1 · 169 m² | 4.5 m · 1 fl. |
| 37012B0718/00C000 | Flanders | 568 m² | 1 · 105 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500JEHIMOTXMRU214
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 38,203 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-05-2014
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0553461016
Also
9925:BE0553461016
Registered
06-12-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.