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JOVIM

Active
Public limited companyfounded 1985active for 41 yearsStationsstraat 155, 8790 Waregem, BelgiumKBO/BCE: BE 0427.097.433
Summary

JOVIM has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624,599 and a net result of €162,440, of which €224,741 non-recurring income. Equity has been shrinking by about 5.5% per year since 2018. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 50% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-03-1985 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.042.367.464 8790 Waregem, since 06-03-1989
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board
  • Delmulle JohanDirector

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€281,654
▲ 158%
Turnover
≈ €320,000
estimated
Profit
€162,440
Equity
€624,599
▲ 6.4%
Total assets
€2.0m
▲ 2.8%
Score breakdownraises risk1 of the last 3 accounts lateLiquidity: current ratio 0.03, cash €11,069lowers riskSize: total assets €2.0mFounded in 1985Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 56+1
equity 30.7% of total assets
Liquidity 26-9
short-term debt 49.6% · cash 0.5%
Profitability 79+66
return on assets 8.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.03 (0.03 in 2024), below 1. Short-term debt is 49.6% and cash 0.5% of total assets. 69.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 51% of them on solvency, 20% on liquidity, 89% on profitability and 66% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.03, cash €11,069
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
8 days early
2023
70 days late
2022
28 days early
2021
19 days late
2020
23 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €97,817 in 2024 €162,440 View
  • Positive: Higher net result than 84% of companies in real estatesector median €10,001 · 11,250 companies €162,440 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as JOVIM: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.9m and €2.1m, founded between 1984 and 1990.

CompanyTotal assetsGross margin
JOVIM Waregem€2.0m€0.3m
VERGOTTE IMMO Waregem€1.9m€0.3m
TOP IMMO Knokke-Heist€2.1m€0.3m
Dillen Invest Balen€2.0m€0.3m
HILDIR Olen€2.1m€0.3m
B S H IMMO Wavre€1.9m€0.2m
SODEFI Ukkel€2.1m€0.3m
Full comparison

Key facts about JOVIM

What is the company number of JOVIM?
The company number of JOVIM is 0427.097.433. The VAT number is the same number with BE in front: BE 0427.097.433.
Where is JOVIM based?
The registered office is at Stationsstraat 155, 8790 Waregem.Company details
What does JOVIM do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of JOVIM?
The legal form of JOVIM is Public limited company (NV).
When was JOVIM founded?
JOVIM was founded on 14-03-1985.
Is JOVIM still active?
Yes, JOVIM is an active enterprise in the KBO register.
Which joint committee does JOVIM fall under?
In its 2025 annual accounts, JOVIM states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of JOVIM?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €281,654 and 38 comparable companies (NACE 68201). It probably lies between €280,000 and €350,000.Financials
Is JOVIM profitable?
In financial year 2025, JOVIM made a profit of €162,440.
Where can I find the annual accounts of JOVIM?
JOVIM filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JOVIM due?
JOVIM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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