Financials · financial year 2025, micro format
2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00478322.
Annual accounts 2025 filed on 30-08-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 23% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €3,880 | - | €5,390 |
| Financial fixed assets | - | - | €0 |
| Depreciation and write-downs of the year | €139 | €540 | €744 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €1,663 awarded · €1,663 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €509 | €509 |
| 2024 | 1 | €1,154 | €1,154 |
Comparable companies
These companies have the same main activity as JOVACO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €119,000 and €154,000, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| JOVACO Anzegem | 2023 | €130,040 | €106,665 | €52,835 | €36,786 | 2025 |
| VIREL Izegem | 2023 | €120,642 | €86,964 | €54,786 | €32,237 | 2025 |
| BMG INVEST Kortemark | 2023 | €121,066 | €84,905 | €47,725 | €36,293 | 2025 |
| Sven Schietecatte Zwevegem | 2023 | €122,260 | €103,923 | €45,634 | €33,229 | 2025 |
| CALMAX Roeselare | 2023 | €153,660 | €47,833 | €53,137 | -€11,081 | 2025 |
| DOUGH DILIGENCE Oostkamp | 2023 | €119,092 | €95,259 | €49,727 | €30,165 | 2026 |
| DURINI CONSULTANCY Brugge | 2024 | €147,636 | €72,910 | €52,861 | €40,844 | 2025 |
They were chosen from the 20,095 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €139 | €540 | €744 | ▲ 37.7% |
| Other operating charges640/8 | €426 | €1,251 | €1,316 | ▲ 5.2% |
| Gross operating margin9900 | €22,048 | €68,059 | €52,835 | ▼ 22.4% |
| Operating profit (loss)9901 | €21,484 | €66,267 | €50,775 | ▼ 23.4% |
| Financial income75/76B | €0 | €112 | €974 | ▲ 767% |
| Recurring financial income75 | €0 | €112 | €974 | ▲ 767% |
| Financial charges65/66B | €524 | €1,921 | €1,447 | ▼ 24.7% |
| Recurring financial charges65 | €524 | €1,921 | €1,447 | ▼ 24.7% |
| Profit (loss) for the period before taxes9903 | €20,960 | €64,459 | €50,303 | ▼ 22.0% |
| Income taxes67/77 | €4,986 | €16,553 | €13,517 | ▼ 18.3% |
| Profit (loss) for the period9904 | €15,973 | €47,906 | €36,786 | ▼ 23.2% |
| Profit (loss) for the period to be appropriated9905 | €15,973 | €47,906 | €36,786 | ▼ 23.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €36,498 | €107,437 | €130,040 | ▲ 21.0% |
| Fixed assets21/28 | €3,742 | €3,202 | €7,849 | ▲ 145% |
| Tangible fixed assets22/27 | €3,742 | €3,202 | €7,849 | ▲ 145% |
| Plant, machinery and equipment23 | €3,147 | €2,825 | €2,892 | ▲ 2.4% |
| Furniture and vehicles24 | €594 | €377 | €160 | ▼ 57.6% |
| Other tangible fixed assets26 | - | - | €4,797 | - |
| Current assets29/58 | €32,756 | €104,236 | €122,191 | ▲ 17.2% |
| Amounts receivable within one year40/41 | €15,111 | €24,680 | €38,721 | ▲ 56.9% |
| Trade receivables40 | €15,111 | €17,795 | €14,090 | ▼ 20.8% |
| Other amounts receivable41 | - | €6,885 | €24,632 | ▲ 258% |
| Cash at bank and in hand54/58 | €17,578 | €78,813 | €81,971 | ▲ 4.0% |
| Deferred charges and accrued income490/1 | €67 | €743 | €1,498 | ▲ 102% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €36,498 | €107,437 | €130,040 | ▲ 21.0% |
| Equity10/15 | €21,973 | €69,879 | €106,665 | ▲ 52.6% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €15,973 | €63,879 | €100,665 | ▲ 57.6% |
| Distributable reserves133 | €15,973 | €63,879 | €100,665 | ▲ 57.6% |
| Amounts payable17/49 | €14,525 | €37,558 | €23,375 | ▼ 37.8% |
| Amounts payable within one year42/48 | €14,525 | €37,388 | €23,077 | ▼ 38.3% |
| Financial debts43 | - | €8 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €8 | €0 | ▼ 100% |
| Trade debts44 | €415 | €16,015 | €5,534 | ▼ 65.4% |
| Suppliers440/4 | €415 | €16,015 | €5,534 | ▼ 65.4% |
| Taxes, remuneration and social security45 | €9,448 | €21,365 | €17,303 | ▼ 19.0% |
| Taxes450/3 | €9,448 | €21,365 | €17,303 | ▼ 19.0% |
| Other amounts payable47/48 | €4,661 | €0 | €240 | - |
| Accrued charges and deferred income492/3 | - | €170 | €298 | ▲ 75.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,973 | €47,906 | €36,786 | ▼ 23.2% |
| + Depreciation and write-downs630 | €139 | €540 | €744 | ▲ 37.7% |
| Operating cash flow (approximation) | €16,112 | €48,446 | €37,529 | ▼ 22.5% |
| Investment in fixed assets (approximation) | - | €0 | -€5,390 | - |
| Change in cash | - | €61,235 | €3,158 | ▼ 94.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.