JOVEGI
InactiveSignals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-05-2024, 69 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
69 d early
2022
11 d late
2021
62 d early
2020
51 d early
2019
65 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 47 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.8m▲ 72.0%
2022 · €1.6m
Working capital
€12.9m▲ 27.2%
2022 · €10.1m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€4,248-€3,334▲ 21.5%-€3,033▲ 9.0%-€3,542▼ 16.8%-€4,940▼ 39.5%
Net result€21,566▼ 99.5%€1.4m▲ 6,468%€696,647▼ 50.8%€1.6m▲ 130%€2.8m▲ 72.0%
Equity€6.8m▼ 4.6%€8.3m▲ 20.7%€9.0m▲ 8.4%€10.6m▲ 17.9%€13.3m▲ 26.1%
Total assets€6.9m▼ 6.3%€8.3m▲ 20.3%€9.0m▲ 8.4%€10.6m▲ 17.8%€13.3m▲ 26.0%
Debt€29,546▼ 82.1%€11,823▼ 60.0%€9,509▼ 19.6%€2,200▼ 76.9%€893▼ 59.4%
Working capital€6.4m▲ 14.0%€7.8m▲ 22.2%€8.5m▲ 9.0%€10.1m▲ 18.7%€12.9m▲ 27.2%
Why a figure moved sharply
- 2023 Net result +72% on 2022. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,940 in 2023 against €3,542 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €13.3m
Fixed assets
€460,000 =
Current assets
€12.9m ▲ 27.2%
Equity and liabilities €13.3m
Equity
€13.3m ▲ 26.1%
Debt
€893 ▼ 59.4%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
Debt to equity
0.00▼
2022 · 0.00
ROE
20.7%▲
2022 · 15.2%
ROA
20.7%▲
2022 · 15.1%
Debt ≤ 1 year
€887▼
2022 · €2,194
Income taxes
€3,909
A ratio outside any meaningful range has been withheld (balance sheet total €13.3m, equity €13.3m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | - | - | - | - | €4,940 | - |
| Services and other goods61 | - | - | - | - | €4,220 | - |
| Other operating charges640/8 | - | - | €1,098 | €1,210 | €720 | ▼ 40.5% |
| Gross operating margin9900 | €50,942 | -€2,347 | -€1,935 | -€2,333 | - | - |
| Operating profit (loss)9901 | -€4,248 | -€3,334 | -€3,033 | -€3,542 | -€4,940 | ▼ 39.5% |
| Financial income75/76B | - | - | €713,369 | €1.6m | €2.8m | ▲ 70.7% |
| Recurring financial income75 | €64,556 | €1.4m | €713,369 | €1.6m | €2.8m | ▲ 70.7% |
| Income from financial fixed assets750 | - | - | - | - | €2.5m | - |
| Income from current assets751 | - | - | - | - | €294,579 | - |
| Financial charges65/66B | - | - | €12,729 | €13,509 | €122 | ▼ 99.1% |
| Recurring financial charges65 | €27,312 | €58 | €12,729 | €13,509 | €122 | ▼ 99.1% |
| Other financial charges652/9 | - | - | - | - | €122 | - |
| Profit (loss) for the period before taxes9903 | €32,997 | €1.4m | €697,607 | €1.6m | €2.8m | ▲ 72.2% |
| Income taxes67/77 | €11,431 | €927 | €961 | - | €3,909 | - |
| Taxes670/3 | - | - | - | - | €3,909 | - |
| Profit (loss) for the period9904 | €21,566 | €1.4m | €696,647 | €1.6m | €2.8m | ▲ 72.0% |
| Transfer from tax-exempt reserves789 | - | - | €117,500 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €114,566 | €1.5m | €814,147 | €1.6m | €2.8m | ▲ 72.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.9m | €8.3m | €9.0m | €10.6m | €13.3m | ▲ 26.0% |
| Fixed assets21/28 | €460,000 | €460,000 | €460,000 | €460,000 | €460,000 | = |
| Financial fixed assets28 | €460,000 | €460,000 | €460,000 | €460,000 | €460,000 | = |
| Companies linked by participating interests282/3 | - | - | - | - | €460,000 | - |
| Participating interests282 | - | - | - | - | €460,000 | - |
| Current assets29/58 | €6.4m | €7.8m | €8.5m | €10.1m | €12.9m | ▲ 27.2% |
| Amounts receivable within one year40/41 | €15,209 | €128 | €524 | €1,942 | €220,670 | ▲ 11,261% |
| Other amounts receivable41 | - | - | €524 | €1,942 | €220,670 | ▲ 11,261% |
| Current investments50/53 | - | - | - | €8.0m | €12.6m | ▲ 57.5% |
| Other investments51/53 | - | - | - | - | €12.6m | - |
| Cash at bank and in hand54/58 | €6.0m | €7.8m | €8.5m | €2.1m | €20,318 | ▼ 99.0% |
| Deferred charges and accrued income490/1 | - | - | - | €3,415 | €11,016 | ▲ 223% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.9m | €8.3m | €9.0m | €10.6m | €13.3m | ▲ 26.0% |
| Equity10/15 | €6.8m | €8.3m | €9.0m | €10.6m | €13.3m | ▲ 26.1% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €6.8m | €8.3m | €9.0m | €9.0m | €13.3m | ▲ 48.6% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Tax-exempt reserves132 | - | - | €0 | - | - | - |
| Distributable reserves133 | - | - | €9.0m | €9.0m | €13.3m | ▲ 48.6% |
| Profit (loss) carried forward14 | - | - | - | €1.6m | - | - |
| Amounts payable17/49 | €29,546 | €11,823 | €9,509 | €2,200 | €893 | ▼ 59.4% |
| Amounts payable within one year42/48 | €29,168 | €11,821 | €1,925 | €2,194 | €887 | ▼ 59.6% |
| Trade debts44 | €11,113 | €1,144 | €887 | €1,233 | €887 | ▼ 28.1% |
| Suppliers440/4 | - | - | €887 | €1,233 | €887 | ▼ 28.1% |
| Taxes, remuneration and social security45 | - | - | €1,038 | €961 | - | - |
| Taxes450/3 | - | - | €1,038 | €961 | - | - |
| Accrued charges and deferred income492/3 | - | - | €7,584 | €6 | €6 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,566 | €1.4m | €696,647 | €1.6m | €2.8m | ▲ 72.0% |
| Operating cash flow (approximation) | €21,566 | €1.4m | €696,647 | €1.6m | €2.8m | ▲ 72.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1.9m | €693,937 | -€6.4m | -€2.1m | ▲ 67.6% |
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
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 14492.40
Current ratio from 4605.12 to 14492.40; short-term debt falls from €2,194 to €887.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
31-12
Financial
Equity above €10mEq €10.6m ▲17.9%
5 profitable years in a row build equity to €10.6m.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 7current ratio 4420.51
Current ratio from 661.08 to 4420.51; short-term debt falls from €11,821 to €1,925.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 661.08
Current ratio from 219.96 to 661.08; short-term debt falls from €29,168 to €11,821.
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €21,566 ▼99.5%
Net result drops to €21,566, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 219.96
Current ratio from 66.93 to 219.96; short-term debt falls from €84,965 to €29,168.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
20-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceown accounts 2023100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
50%
According to the 2023 annual accounts of JOVEGI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
529900HRIT03Z97VOA52