JOVETECH
ActiveJOVETECH has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-63k) and a net result of €-7k. Equity is shrinking by ~45.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▲+3
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.3 in 2023; short-term debt: 144.2% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-44.2%
Return on assets
-4.9%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-63k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d late
2022
30 d late
2021
47 d late
2020
30 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-63k▼ 12.4%
2023 · €-56k
2018: €16k
2019: €18k
2020: €21k
2021: €-32k
2022: €-46k
2023: €-56k
2018 → 2024
Total assets
€142k▼ 1.8%
2023 · €144k
2018: €211k
2019: €193k
2020: €195k
2021: €162k
2022: €153k
2023: €144k
2018 → 2024
Net result
€-7k▲ 32.0%
2023 · €-10k
2018: €7k
2019: €1k
2020: €3k
2021: €-52k
2022: €-14k
2023: €-10k
2018 → 2024
Working capital
€-131k▲ 6.3%
2023 · €-140k
2018: €-187k
2019: €-169k
2020: €-164k
2021: €-183k
2022: €-164k
2023: €-140k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€-32k€-46k▼ 43.5%€-56k▼ 22.3%€-63k▼ 12.4%
Operating result€5k-€-51k€-12k▲ 77.0%€-8k▲ 32.1%€-5k▲ 33.0%
Net result€3k-€-52k€-14k▲ 73.6%€-10k▲ 26.3%€-7k▲ 32.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €142k
Fixed assets
€68k▼ 18.6%
Current assets
€73k▲ 21.7%
Key figures and ratios
EBITDA
€23k▼
2023 · €26k
Cash flow
€22k▼
2023 · €24k
Solvency
-44.2%▼
2023 · -38.6%
Current ratio
0.36▲
2023 · 0.30
Quick ratio
0.19▼
2023 · 0.19
Debt / equity
-3.26▲
2023 · -3.59
ROA
-4.9%▲
2023 · -7.1%
Interest coverage
16.60▲
2023 · 13.16
Debt
€205k▲
2023 · €200k
Debt ≤ 1 year
€205k▲
2023 · €200k
Income taxes
€174▼
2023 · €194
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€144k€142k▼
Fixed assets21/28€84k€68k▼
Tangible fixed assets22/27€84k€68k▼
Land and buildings22€35k€32k▼
Plant, machinery and equipment23€45k€28k▼
Furniture and vehicles24€4k€8k▲
Current assets29/58€60k€73k▲
Stocks and contracts in progress3€22k€35k▲
Stocks30/36€22k€35k▲
Amounts receivable within one year40/41€24k€31k▲
Trade receivables40€21k€29k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€3k€229▼
Deferred charges and accrued income490/1€10k€7k▼
Equity and liabilities
Total equity and liabilities10/49€144k€142k▼
Equity10/15€-56k€-63k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-76k€-83k▼
Amounts payable17/49€200k€205k▲
Amounts payable within one year42/48€200k€205k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€17k€30k▲
Suppliers440/4€17k€30k▲
Advances received on contracts in progress46€8k-
Taxes, remuneration and social security45€401€909▲
Taxes450/3€401€909▲
Other amounts payable47/48€176k€169k▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61-€92k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€28k▼
Other operating charges640/8€862€952▲
Gross operating margin9900€27k€24k▼
Operating profit (loss)9901€-8k€-5k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-10k€-7k▲
Income taxes67/77€194€174▼
Profit (loss) for the period9904€-10k€-7k▲
Profit (loss) for the period to be appropriated9905€-10k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-76k€-83k▼
Profit (loss) brought forward from the previous period14P€-66k€-76k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
- General meeting, 2026-07-28
- Director resignation, Verstraten Johan (bestuurder)
- Director appointment, Sahin Zeki (bestuurder)
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 47 days late
2021
31-12
Financial
Weakest financial yearnet €-52k ▼1764%
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
12-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 43 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Sahin Zeki
CurrentDirector · since 28-07-2026
28-07-2026
Sahin Zeki: Appointed as Director
28-07-2026
Verstraten Johan: Resigned as Director
Location & real-estate footprint
Registered office, Maaseik · 1 establishment unit since 2010
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.
Venlosesteenweg 2043680 MaaseikGround area
2,310 m²
Building footprint
201 m²
Volume, LiDAR
1,206 m³
Parcel 72021A0892/00L000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JOVETECH
since 20102.187.753.935
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A0892/00L000 | Flanders | 2,310 m² | 1 · 201 m² | 9.7 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 240 EUR | 240 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,728 companies in sector 93299 we hold annual accounts for 1,168. 795 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2010
Fiscal year end31-12
Activities, NACEBEL
93299Other amusement and recreation activities
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.