JOVIM
ActiveJOVIM has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €625k and a net result of €162k. Equity is shrinking by ~5.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 49% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+66
Solvency56▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 49.6% and cash: 0.5% of total assets), and 69.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.7%
Return on assets
8%
Age of the figures
9 mo
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 filingsDeviation from the deadline
2025
on the day
2024
8 d early
2023
70 d late
2022
28 d early
2021
19 d late
2020
23 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€625k▲ 6.4%
2024 · €587k
2018: €235k
2019: €-19k
2020: €-65k
2021: €-74k
2022: €-78k
2023: €-83k
2024: €587k
2018 → 2025
Total assets
€2.03M▲ 2.8%
2024 · €1.98M
2018: €833k
2019: €1.01M
2020: €1.18M
2021: €1.50M
2022: €1.40M
2023: €1.40M
2024: €1.98M
2018 → 2025
Net result
€162k
2024 · €-98k
2018: €-24k
2019: €-254k
2020: €-46k
2021: €-9k
2022: €-4k
2023: €-5k
2024: €-98k
2018 → 2025
Working capital
€-975k▼ 48.6%
2024 · €-656k
2018: €-168k
2019: €-516k
2020: €-487k
2021: €-552k
2022: €-717k
2023: €-829k
2024: €-656k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-74k-€-78k▼ 5.7%€-83k▼ 6.5%€587k€625k▲ 6.4%
Operating result€-9k-€10k€26k▲ 167%€-61k€192k
Net result€-9k-€-4k▲ 50.4%€-5k▼ 19.2%€-98k▼ 1,840%€162k
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 returns to profit in 2025: €192k after a loss of €61k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.03M
Fixed assets
€2.00M▲ 2.1%
Current assets
€33k▲ 72.1%
Equity and liabilities €2.03M
Equity
€625k▲ 6.4%
Debt
€1.41M▲ 1.3%
The debt ratio falls from 70.3% to 69.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€279k▲
2024 · €-807
Cash flow
€249k▲
2024 · €-38k
Solvency
30.7%▲
2024 · 29.7%
Current ratio
0.03▲
2024 · 0.03
Quick ratio
0.03▲
2024 · 0.03
Debt / equity
2.25▼
2024 · 2.37
ROE
26.0%▲
2024 · -16.7%
ROA
8.0%▲
2024 · -4.9%
Interest coverage
11.11▲
2024 · -0.02
Debt
€1.41M▲
2024 · €1.39M
Debt ≤ 1 year
€1.01M▲
2024 · €675k
Debt > 1 year
€400k▼
2024 · €715k
Income taxes
€6k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.98M€2.03M▲
Fixed assets21/28€1.96M€2.00M▲
Tangible fixed assets22/27€1.96M€2.00M▲
Land and buildings22€1.73M€1.33M▼
Plant, machinery and equipment23€222k€637k▲
Furniture and vehicles24€11k€36k▲
Current assets29/58€19k€33k▲
Amounts receivable within one year40/41€12k€22k▲
Trade receivables40€12k€16k▲
Other amounts receivable41-€6k
Cash at bank and in hand54/58€8k€11k▲
Equity and liabilities
Total equity and liabilities10/49€1.98M€2.03M▲
Equity10/15€587k€625k▲
Contributions10/11€506k€506k=
Capital10€506k€506k=
Issued capital100€506k€506k=
Revaluation surpluses12€768k€643k▼
Reserves13€745€745=
Non-distributable reserves130/1€50€50=
Legal reserve130€50€50=
Distributable reserves133€695€695=
Profit (loss) carried forward14€-688k€-526k▲
Amounts payable17/49€1.39M€1.41M▲
Amounts payable after more than one year17€715k€400k▼
Financial debts170/4€715k€400k▼
Amounts payable within one year42/48€675k€1.01M▲
Trade debts44€10k€41k▲
Suppliers440/4€10k€41k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€663k€967k▲
Income statement
Code20242025
Non-recurring operating income76A-€225k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€86k▲
Other operating charges640/8€19k€3k▼
Non-recurring operating charges66A€91k-
Gross operating margin9900€109k€282k▲
Operating profit (loss)9901€-61k€192k▲
Financial income75/76B€0€908▲
Recurring financial income75€0€908▲
Financial charges65/66B€37k€25k▼
Recurring financial charges65€37k€25k▼
Profit (loss) for the period before taxes9903€-98k€168k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€-98k€162k▲
Profit (loss) for the period to be appropriated9905€-98k€162k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-688k€-526k▲
Profit (loss) brought forward from the previous period14P€-590k€-688k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €162k
Net result €162k after 7 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €587k
Equity rises from €-83k to €587k.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-254k
Net result drops to €-254k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Waregem · 1 establishment unit since 1989
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.
Stationsstraat 1558790 WaregemGround area
1,310 m²
Building footprint
479 m²
Volume, LiDAR
3,893 m³
2 parcels, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NV JOVIM
since 19892.042.367.464
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0307/00V000 | Flanders | 704 m² | 1 · 204 m² | 11.6 m · 3 fl. |
| 34040C0276/00X004indicative | Flanders | 605 m² | 1 · 274 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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 · 5,060 EUR awarded · 5,060 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,060 EUR | 5,060 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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PARMECANIQUE
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Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 5,002 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-03-1985
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
Agenda
1. Uitdrukken kapitaal in euro, vaststellen dat het kapitaal S 111.552,09 bedraagt, aanpassing artikel 5. 2. Verslag door de bestuurders en staat activa en passiva d.d. 30 september 2005. 3. Uitbreiden doel als volgt : de vennootschap heeft tot doel het voeren van handelsactiviteiten die betrekking hebben tot het uitbaten van : a) Alle activiteiten die behoren tot de « horecasector » in het algemeen, en in het bijzonder de uitbating, de inrichting, de aan- en verkoop, de verhuring en de inhuurneming van hotels, restaurants, tearooms, coffeeshops, cafés en tafelhoudersbedrijven. b) Inrichten en organiseren van vertoningen, concerten, feestelijkheden, lezingen, modeshows, sportmanifestaties en ...