Jovele
ActiveThe computed 12-month bankruptcy probability of Jovele is 2.2% (moderate). The 2024 annual accounts show equity of €87k and a net result of €29k. Equity is growing by ~48.6% per year across the filed fiscal years. Its solvency ranks better than 73% of 1632 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▼-4
Solvency92▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 14.22 against 10.17 in 2023; short-term debt: 5.3% and cash: 68.6% of total assets), and 32.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
33 d early
2022
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€87k▲ 48.7%
2023 · €58k
2022: €30k
2023: €58k
2022 → 2024
Total assets
€130k▲ 23.0%
2023 · €105k
2022: €81k
2023: €105k
2022 → 2024
Net result
€29k▲ 0.5%
2023 · €28k
2022: €25k
2023: €28k
2022 → 2024
Working capital
€90k▲ 56.9%
2023 · €58k
2022: €28k
2023: €58k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€30k-€58k▲ 94.2%€87k▲ 48.7%
Operating result€29k-€36k▲ 23.2%€39k▲ 7.0%
Net result€25k-€28k▲ 13.0%€29k▲ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€32k▼ 22.1%
Current assets
€97k▲ 52.2%
Equity and liabilities €130k
Equity
€87k▲ 48.7%
Debt
€43k▼ 9.1%
The debt ratio falls from 44.5% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2023 · €43k
Cash flow
€38k▲
2023 · €35k
Solvency
67.1%▲
2023 · 55.5%
Current ratio
14.22▲
2023 · 10.17
Quick ratio
14.18▲
2023 · 10.17
Debt / equity
0.49▼
2023 · 0.80
ROE
32.8%▼
2023 · 48.5%
ROA
22.0%▼
2023 · 26.9%
Interest coverage
65.19▲
2023 · 53.06
Debt
€43k▼
2023 · €47k
Debt ≤ 1 year
€7k▲
2023 · €6k
Debt > 1 year
€36k▼
2023 · €41k
Income taxes
€10k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€105k€130k▲
Fixed assets21/28€41k€32k▼
Tangible fixed assets22/27€41k€32k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€38k€30k▼
Current assets29/58€64k€97k▲
Stocks and contracts in progress3-€272
Stocks30/36-€272
Amounts receivable within one year40/41€4k€8k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€59k€89k▲
Deferred charges and accrued income490/1€477-
Equity and liabilities
Total equity and liabilities10/49€105k€130k▲
Equity10/15€58k€87k▲
Contributions10/11€5k€5k=
Reserves13€53k€82k▲
Distributable reserves133€53k€82k▲
Amounts payable17/49€47k€43k▼
Amounts payable after more than one year17€41k€36k▼
Financial debts170/4€41k€36k▼
Amounts payable within one year42/48€6k€7k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€97€234▲
Suppliers440/4€97€234▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k▲
Other operating charges640/8€342€359▲
Gross operating margin9900€43k€49k▲
Operating profit (loss)9901€36k€39k▲
Financial income75/76B€0€279▲
Recurring financial income75€0€279▲
Financial charges65/66B€811€746▼
Recurring financial charges65€811€746▼
Profit (loss) for the period before taxes9903€36k€38k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€28k€29k▲
Profit (loss) for the period to be appropriated9905€28k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€29k▲
Transfer to equity691/2€28k€29k▲
To other reserves6921€28k€29k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €29k ▲0.5%
Operating result €39k, net result €29k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brecht · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oostmalsebaan 212960 BrechtGround area
1,113 m²
Building footprint
165 m²
Volume, LiDAR
815 m³
Parcel 11043D0356/03M004, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jovele
since 20222.330.127.466
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0356/03M004 | Flanders | 1,113 m² | 1 · 165 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MECON SERVICES
BE 0757.833.185
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NAUTIC INVEST SPRL
BE 0470.927.476
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NORAH
BE 0872.880.927
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TECHNITANK
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Of 3,714 companies in sector 33120 we hold annual accounts for 1,341. 1,114 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-04-2022
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.