JAGO
ActiveSummary
JAGO has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.22M and a net result of €87k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-4
Solvency95▲+5
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.27 in 2023; short-term debt: 29.8% and cash: 8.1% of total assets), and 29.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70.1%
Return on assets
5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
22 d late
2022
29 d late
2021
25 d late
2020
12 d late
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.22M▲ 7.6%
2023 · €1.14M
2018: €1.16M
2019: €1.24M▲ +7.3% vs 2018
2020: €1.51M▲ +21.4% vs 2019
2021: €1.67M▲ +10.8% vs 2020
2022: €1.79M▲ +7.1% vs 2021highest in 7 years
2023: €1.14M▼ -36.6% vs 2022lowest in 7 years
2024: €1.22M▲ +7.6% vs 2023
2018 → 2024
Total assets
€1.75M▼ 0.2%
2023 · €1.75M
2018: €1.69Mlowest in 7 years
2019: €1.72M▲ +1.5% vs 2018
2020: €2.04M▲ +18.6% vs 2019
2021: €2.22M▲ +8.8% vs 2020
2022: €2.34M▲ +5.5% vs 2021highest in 7 years
2023: €1.75M▼ -25.1% vs 2022
2024: €1.75M▼ -0.2% vs 2023
2018 → 2024
Net result
€87k▼ 37.8%
2023 · €140k
2018: €198k
2019: €85k▼ -57.2% vs 2018lowest in 7 years
2020: €267k▲ +214% vs 2019highest in 7 years
2021: €163k▼ -38.9% vs 2020
2022: €119k▼ -27.0% vs 2021
2023: €140k▲ +17.6% vs 2022
2024: €87k▼ -37.8% vs 2023
2018 → 2024
Working capital
€352k▲ 113%
2023 · €165k
2018: €367k
2019: €214k▼ -41.7% vs 2018
2020: €500k▲ +134% vs 2019
2021: €657k▲ +31.3% vs 2020
2022: €804k▲ +22.3% vs 2021highest in 7 years
2023: €165k▼ -79.5% vs 2022lowest in 7 years
2024: €352k▲ +113% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.51M-€1.67M▲ 10.8%€1.79M▲ 7.1%€1.14M▼ 36.6%€1.22M▲ 7.6%
2020: €1.51M
2021: €1.67M▲ +10.8% vs 2020
2022: €1.79M▲ +7.1% vs 2021highest in 5 years
2023: €1.14M▼ -36.6% vs 2022lowest in 5 years
2024: €1.22M▲ +7.6% vs 2023
Operating result€379k-€255k▼ 32.7%€180k▼ 29.3%€213k▲ 18.4%€148k▼ 30.5%
2020: €379khighest in 5 years
2021: €255k▼ -32.7% vs 2020
2022: €180k▼ -29.3% vs 2021
2023: €213k▲ +18.4% vs 2022
2024: €148k▼ -30.5% vs 2023lowest in 5 years
Net result€267k-€163k▼ 38.9%€119k▼ 27.0%€140k▲ 17.6%€87k▼ 37.8%
2020: €267khighest in 5 years
2021: €163k▼ -38.9% vs 2020
2022: €119k▼ -27.0% vs 2021
2023: €140k▲ +17.6% vs 2022
2024: €87k▼ -37.8% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 30% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.75M
Fixed assets
€874k ▼ 10.2%
Current assets
€873k ▲ 12.3%
Equity and liabilities €1.75M
Equity
€1.22M ▲ 7.6%
Debt
€523k ▼ 14.8%
Debt's share of the balance-sheet total falls from 35.1% to 29.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€282k▲
2023 · €251k
Cash flow
€221k▲
2023 · €177k
Current ratio
1.68▲
2023 · 1.27
Quick ratio
1.25▲
2023 · 0.90
Debt to equity
0.43▼
2023 · 0.54
ROE
7.1%▼
2023 · 12.3%
ROA
5.0%▼
2023 · 8.0%
Interest coverage
7.24▼
2023 · 7.79
Debt ≤ 1 year
€521k▼
2023 · €613k
Debt > 1 year
€300=
2023 · €300
Income taxes
€29k▼
2023 · €47k
Staff costs
€739k▲
2023 · €686k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.75M€1.75M▼
Fixed assets21/28€973k€874k▼
Tangible fixed assets22/27€969k€870k▼
Land and buildings22€931k€838k▼
Plant, machinery and equipment23€9k€13k▲
Furniture and vehicles24€29k€19k▼
Financial fixed assets28€4k€4k▲
Current assets29/58€778k€873k▲
Stocks and contracts in progress3€227k€222k▼
Stocks30/36€227k€222k▼
Amounts receivable within one year40/41€89k€63k▼
Trade receivables40€89k€61k▼
Other amounts receivable41-€2k
Current investments50/53€205k€442k▲
Cash at bank and in hand54/58€249k€142k▼
Deferred charges and accrued income490/1€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.75M€1.75M▼
Equity10/15€1.14M€1.22M▲
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€1.07M€1.16M▲
Non-distributable reserves130/1€53k€53k=
Legal reserve130€53k€53k=
Distributable reserves133€1.02M€1.11M▲
Amounts payable17/49€614k€523k▼
Amounts payable after more than one year17€300€300=
Other amounts payable178/9€300€300=
Amounts payable within one year42/48€613k€521k▼
Trade debts44€171k€76k▼
Suppliers440/4€171k€76k▼
Taxes, remuneration and social security45€124k€122k▼
Taxes450/3€15k€13k▼
Remuneration and social security454/9€109k€109k▼
Other amounts payable47/48€317k€323k▲
Accrued charges and deferred income492/3€850€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€686k€739k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€134k▲
Other operating charges640/8€17k€19k▲
Gross operating margin9900€954k€1.04M▲
Operating profit (loss)9901€213k€148k▼
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€32k€39k▲
Recurring financial charges65€32k€39k▲
Profit (loss) for the period before taxes9903€187k€116k▼
Income taxes67/77€47k€29k▼
Profit (loss) for the period9904€140k€87k▼
Profit (loss) for the period to be appropriated9905€140k€87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€140k€87k▼
Transfer from equity791/2€795k-
Transfer to equity691/2€140k€87k▼
To other reserves6921€140k€87k▼
Profit to be distributed694/7€795k-
Return on contributions (dividend)694€795k-
Social balance
Average headcount (FTE)908716.518.0▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €605k | €632k | €686k | €739k | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €37k | €40k | €37k | €134k | ▲ 261% |
| Other operating charges640/8 | - | €15k | €15k | €17k | €19k | ▲ 11.8% |
| Gross operating margin9900 | €1.04M | €913k | €868k | €954k | €1.04M | ▲ 9.1% |
| Operating profit (loss)9901 | €379k | €255k | €180k | €213k | €148k | ▼ 30.5% |
| Financial income75/76B | - | €3k | €4k | €5k | €7k | ▲ 21.3% |
| Recurring financial income75 | €3k | €3k | €4k | €5k | €7k | ▲ 21.3% |
| Financial charges65/66B | - | €33k | €26k | €32k | €39k | ▲ 21.1% |
| Recurring financial charges65 | €25k | €33k | €26k | €32k | €39k | ▲ 21.1% |
| Profit (loss) for the period before taxes9903 | €357k | €225k | €158k | €187k | €116k | ▼ 37.8% |
| Income taxes67/77 | €90k | €62k | €39k | €47k | €29k | ▼ 37.9% |
| Profit (loss) for the period9904 | €267k | €163k | €119k | €140k | €87k | ▼ 37.8% |
| Profit (loss) for the period to be appropriated9905 | €267k | €163k | €119k | €140k | €87k | ▼ 37.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.04M | €2.22M | €2.34M | €1.75M | €1.75M | ▼ 0.2% |
| Fixed assets21/28 | €1.01M | €1.02M | €990k | €973k | €874k | ▼ 10.2% |
| Tangible fixed assets22/27 | €1.01M | €1.01M | €986k | €969k | €870k | ▼ 10.3% |
| Land and buildings22 | - | €960k | €939k | €931k | €838k | ▼ 10.0% |
| Plant, machinery and equipment23 | - | €20k | €12k | €9k | €13k | ▲ 41.9% |
| Furniture and vehicles24 | - | €33k | €35k | €29k | €19k | ▼ 34.2% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | ▲ 8.1% |
| Current assets29/58 | €1.02M | €1.20M | €1.35M | €778k | €873k | ▲ 12.3% |
| Stocks and contracts in progress3 | €193k | €192k | €213k | €227k | €222k | ▼ 2.3% |
| Stocks30/36 | - | €192k | €213k | €227k | €222k | ▼ 2.3% |
| Amounts receivable within one year40/41 | €73k | €69k | €101k | €89k | €63k | ▼ 28.8% |
| Trade receivables40 | - | €61k | €76k | €89k | €61k | ▼ 30.9% |
| Other amounts receivable41 | - | €8k | €24k | - | €2k | - |
| Current investments50/53 | €232k | €233k | €245k | €205k | €442k | ▲ 116% |
| Cash at bank and in hand54/58 | €522k | €698k | €783k | €249k | €142k | ▼ 42.9% |
| Deferred charges and accrued income490/1 | - | €7k | €6k | €8k | €4k | ▼ 54.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.04M | €2.22M | €2.34M | €1.75M | €1.75M | ▼ 0.2% |
| Equity10/15 | €1.51M | €1.67M | €1.79M | €1.14M | €1.22M | ▲ 7.6% |
| Contributions10/11 | €65k | €65k | €65k | €65k | €65k | = |
| Capital10 | - | €65k | €65k | €65k | €65k | = |
| Issued capital100 | - | €65k | €65k | €65k | €65k | = |
| Reserves13 | €1.45M | €1.61M | €1.73M | €1.07M | €1.16M | ▲ 8.1% |
| Non-distributable reserves130/1 | - | €53k | €53k | €53k | €53k | = |
| Legal reserve130 | - | €53k | €53k | €53k | €53k | = |
| Distributable reserves133 | - | €1.56M | €1.67M | €1.02M | €1.11M | ▲ 8.5% |
| Amounts payable17/49 | €526k | €542k | €545k | €614k | €523k | ▼ 14.8% |
| Amounts payable after more than one year17 | €546 | €300 | €300 | €300 | €300 | = |
| Other amounts payable178/9 | - | €300 | €300 | €300 | €300 | = |
| Amounts payable within one year42/48 | €524k | €541k | €544k | €613k | €521k | ▼ 15.0% |
| Trade debts44 | €115k | €142k | €128k | €171k | €76k | ▼ 55.6% |
| Suppliers440/4 | - | €142k | €128k | €171k | €76k | ▼ 55.6% |
| Taxes, remuneration and social security45 | - | €81k | €99k | €124k | €122k | ▼ 1.8% |
| Taxes450/3 | - | €6k | €8k | €15k | €13k | ▼ 10.6% |
| Remuneration and social security454/9 | - | €75k | €92k | €109k | €109k | ▼ 0.6% |
| Other amounts payable47/48 | - | €319k | €316k | €317k | €323k | ▲ 1.8% |
| Accrued charges and deferred income492/3 | - | €720 | €757 | €850 | €2k | ▲ 125% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €267k | €163k | €119k | €140k | €87k | ▼ 37.8% |
| + Depreciation and write-downs630 | €55k | €37k | €40k | €37k | €134k | ▲ 261% |
| Operating cash flow (approximation) | €322k | €200k | €159k | €177k | €221k | ▲ 24.8% |
| Investment in fixed assets (approximation) | - | €-42k | €-12k | €-20k | €-35k | ▼ 71.3% |
| Change in cash | - | €176k | €85k | €-534k | €-107k | ▲ 80.1% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Highest result since 2018net €267k ▲214%
Operating result €379k, net result €267k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
31-12
Financial
Weakest financial yearnet €85k ▼57.2%
Net result drops to €85k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Hamont-Achel · 1 establishment unit since 1985
Ground area
1,759 m²
Parcel 72001C0224/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
Spar
since 19852.026.167.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72001C0224/00T000 | Flanders | 1,759 m² | - | - |
Linked by address, not proof of ownership
Good to know
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
2025 · 1 entry · 4,306 EUR awarded · 4,306 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,306 EUR | 4,306 EUR |
Schemes
Premie voor archeologisch vooronderzoek met ingreep in de bodem
Recognitions · licences · registrations
Legal Entity Identifier
967600Y2RZNURPP2J273
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 2,030 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-01-1985
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.