JAGA
ActiveSummary
JAGA has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.65M and a net result of €-1.60M. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 760 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability16▼-48
Solvency40▼-7
Growth52▼-17
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.25 in 2023; short-term debt: 72.5% and cash: 0.6% of total assets), and 84.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
15.3%
Return on assets
-6.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 760 sector peers (2024).
NBB · sector comparisonPosition among 760 sector peers
Solvency
better than 16%
← weakest
strongest →
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 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
7 d early
2022
33 d early
2021
24 d early
2020
25 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€57.18M▲ 0.7%
2023 · €56.81M
2018: €42.53M
2019: €43.46M▲ +2.2% vs 2018
2020: €42.32M▼ -2.6% vs 2019lowest in 7 years
2021: €43.48M▲ +2.7% vs 2020
2022: €49.30M▲ +13.4% vs 2021
2023: €56.81M▲ +15.2% vs 2022
2024: €57.18M▲ +0.7% vs 2023highest in 7 years
2018 → 2024
EBIT margin
-1.6%▼ 5.6pp
2023 · 3.9%
2018: -0.7%
2019: 0.9%▲ +227% vs 2018
2020: 3.1%▲ +246% vs 2019
2021: 1.7%▼ -45.2% vs 2020
2022: 0.7%▼ -58.0% vs 2021
2023: 3.9%▲ +446% vs 2022highest in 7 years
2024: -1.6%▼ -141% vs 2023lowest in 7 years
2018 → 2024
Net result
€-1.60M
2023 · €1.36M
2018: €-774k
2019: €18k▲ +102% vs 2018
2020: €531k▲ +2903% vs 2019
2021: €464k▼ -12.6% vs 2020
2022: €166k▼ -64.3% vs 2021
2023: €1.36M▲ +724% vs 2022highest in 7 years
2024: €-1.60M▼ -217% vs 2023lowest in 7 years
2018 → 2024
Working capital
€1.25M▼ 68.9%
2023 · €4.01M
2018: €1.04M
2019: €620k▼ -40.7% vs 2018lowest in 7 years
2020: €1.51M▲ +144% vs 2019
2021: €4.62M▲ +206% vs 2020highest in 7 years
2022: €4.58M▼ -0.9% vs 2021
2023: €4.01M▼ -12.3% vs 2022
2024: €1.25M▼ -68.9% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€42.32M-€43.48M▲ 2.7%€49.30M▲ 13.4%€56.81M▲ 15.2%€57.18M▲ 0.7%
2020: €42.32Mlowest in 5 years
2021: €43.48M▲ +2.7% vs 2020
2022: €49.30M▲ +13.4% vs 2021
2023: €56.81M▲ +15.2% vs 2022
2024: €57.18M▲ +0.7% vs 2023highest in 5 years
Equity€3.25M-€3.71M▲ 14.3%€3.88M▲ 4.5%€5.24M▲ 35.2%€3.65M▼ 30.5%
2020: €3.25Mlowest in 5 years
2021: €3.71M▲ +14.3% vs 2020
2022: €3.88M▲ +4.5% vs 2021
2023: €5.24M▲ +35.2% vs 2022highest in 5 years
2024: €3.65M▼ -30.5% vs 2023
Operating result€1.33M-€746k▼ 43.8%€355k▼ 52.4%€2.23M▲ 529%€-932k
2020: €1.33M
2021: €746k▼ -43.8% vs 2020
2022: €355k▼ -52.4% vs 2021
2023: €2.23M▲ +529% vs 2022highest in 5 years
2024: €-932k▼ -142% vs 2023lowest in 5 years
Net result€531k-€464k▼ 12.6%€166k▼ 64.3%€1.36M▲ 724%€-1.60M
2020: €531k
2021: €464k▼ -12.6% vs 2020
2022: €166k▼ -64.3% vs 2021
2023: €1.36M▲ +724% vs 2022highest in 5 years
2024: €-1.60M▼ -217% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €932k after €2.23M in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €23.83M
Fixed assets
€5.31M ▲ 42.5%
Current assets
€18.51M ▼ 9.1%
Equity and liabilities €23.83M
Equity
€3.65M ▼ 30.5%
Provisions
€171k ▲ 55.1%
Debt
€20.01M ▲ 6.8%
Debt's share of the balance-sheet total rises from 77.8% to 84.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€105k▼
2023 · €3.08M
Cash flow
€-560k▼
2023 · €2.21M
Current ratio
1.07▼
2023 · 1.25
Quick ratio
0.41▼
2023 · 0.46
Debt to equity
5.49▲
2023 · 3.58
ROE
-43.8%▼
2023 · 26.0%
ROA
-6.7%▼
2023 · 5.7%
Interest coverage
0.34▼
2023 · 8.36
Debt ≤ 1 year
€17.27M▲
2023 · €16.35M
Debt > 1 year
€1.06M▲
2023 · €683k
Income taxes
€-32k▼
2023 · €189k
Staff costs
€20.51M▲
2023 · €19.11M
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 · 97 lines
Balance sheet
Code20232024
Assets
Total assets20/58€24.09M€23.83M▼
Fixed assets21/28€3.73M€5.31M▲
Intangible fixed assets21€528k€358k▼
Tangible fixed assets22/27€3.19M€4.94M▲
Land and buildings22€1.38M€2.70M▲
Plant, machinery and equipment23€745k€680k▼
Furniture and vehicles24€353k€310k▼
Leasing and similar rights25€572k€1.01M▲
Other tangible fixed assets26€138k€94k▼
Assets under construction and advance payments27-€151k
Financial fixed assets28€9k€9k▲
Affiliated companies280/1€1k€1k=
Participating interests280€1k€1k=
Other financial fixed assets284/8€7k€7k▲
Amounts receivable and cash guarantees285/8€7k€7k▲
Current assets29/58€20.37M€18.51M▼
Amounts receivable after more than one year29€2.01M€2.01M▼
Other amounts receivable291€2.01M€2.01M▼
Stocks and contracts in progress3€12.92M€11.43M▼
Stocks30/36€12.92M€11.43M▼
Raw materials and consumables30/31€7.62M€6.66M▼
Work in progress32€1.80M€1.69M▼
Finished goods33€2.10M€2.16M▲
Goods purchased for resale34€1.41M€920k▼
Amounts receivable within one year40/41€3.42M€4.36M▲
Trade receivables40€2.61M€4.07M▲
Other amounts receivable41€805k€288k▼
Cash at bank and in hand54/58€1.36M€151k▼
Deferred charges and accrued income490/1€661k€570k▼
Equity and liabilities
Total equity and liabilities10/49€24.09M€23.83M▼
Equity10/15€5.24M€3.65M▼
Contributions10/11€3.20M€3.20M=
Capital10€3.20M€3.20M=
Issued capital100€3.20M€3.20M=
Reserves13€704k€704k=
Non-distributable reserves130/1€320k€320k=
Legal reserve130€320k€320k=
Tax-exempt reserves132€192k€192k=
Distributable reserves133€191k€191k=
Profit (loss) carried forward14€1.34M€-259k▼
Provisions and deferred taxes16€110k€171k▲
Provisions for liabilities and charges160/5€110k€171k▲
Pensions and similar obligations160€42k€60k▲
Other liabilities and charges164/5€68k€111k▲
Amounts payable17/49€18.74M€20.01M▲
Amounts payable after more than one year17€683k€1.06M▲
Financial debts170/4€417k€790k▲
Leasing and similar obligations172€391k€770k▲
Other loans174€26k€20k▼
Other amounts payable178/9€266k€266k=
Amounts payable within one year42/48€16.35M€17.27M▲
Current portion of amounts payable after more than one year42€172k€253k▲
Financial debts43€3.34M€4.37M▲
Credit institutions430/8€2.00M€2.84M▲
Other loans439€1.34M€1.53M▲
Trade debts44€7.61M€7.95M▲
Suppliers440/4€7.61M€7.95M▲
Advances received on contracts in progress46€1.72M€700k▼
Taxes, remuneration and social security45€3.41M€3.67M▲
Taxes450/3€788k€695k▼
Remuneration and social security454/9€2.62M€2.98M▲
Other amounts payable47/48€101k€327k▲
Accrued charges and deferred income492/3€1.71M€1.69M▼
Income statement
Code20232024
Operating income70/76A€61.04M€60.77M▼
Turnover70€56.81M€57.18M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-110k€-5k▲
Other operating income74€3.26M€3.55M▲
Non-recurring operating income76A€1.08M€45k▼
Operating charges60/66A€58.81M€61.70M▲
Goods for resale, raw materials and consumables60€28.04M€27.15M▼
Purchases600/8€27.75M€26.75M▼
Change in stocks: decrease (increase)609€288k€393k▲
Services and other goods61€10.55M€11.63M▲
Remuneration, social security and pensions62€19.11M€20.51M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€846k€1.04M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€76k€1.05M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-32k€61k▲
Other operating charges640/8€207k€238k▲
Non-recurring operating charges66A€9k€25k▲
Operating profit (loss)9901€2.23M€-932k▼
Financial income75/76B€462k€164k▼
Recurring financial income75€462k€164k▼
Income from current assets751€14k€7k▼
Other financial income752/9€448k€157k▼
Financial charges65/66B€1.14M€861k▼
Recurring financial charges65€1.14M€861k▼
Debt charges650€368k€313k▼
Other financial charges652/9€774k€548k▼
Profit (loss) for the period before taxes9903€1.55M€-1.63M▼
Income taxes67/77€189k€-32k▼
Taxes670/3€193k€2k▼
Tax adjustments and reversals of tax provisions77€4k€34k▲
Profit (loss) for the period9904€1.36M€-1.60M▼
Profit (loss) for the period to be appropriated9905€1.36M€-1.60M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.34M€-259k▼
Profit (loss) brought forward from the previous period14P€-25k€1.34M▲
Social balance
Average headcount (FTE)9087301.5298.3▼
The notes to these accounts (100 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €45.77M | €53.71M | €61.04M | €60.77M | ▼ 0.4% |
| Turnover70 | €42.32M | €43.48M | €49.30M | €56.81M | €57.18M | ▲ 0.7% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €141k | €781k | €-110k | €-5k | ▲ 95.9% |
| Own construction capitalised72 | - | €106k | €63k | - | - | - |
| Other operating income74 | - | €1.73M | €3.53M | €3.26M | €3.55M | ▲ 9.0% |
| Non-recurring operating income76A | - | €311k | €35k | €1.08M | €45k | ▼ 95.9% |
| Operating charges60/66A | - | €45.02M | €53.35M | €58.81M | €61.70M | ▲ 4.9% |
| Goods for resale, raw materials and consumables60 | - | €19.48M | €25.61M | €28.04M | €27.15M | ▼ 3.2% |
| Purchases600/8 | - | €20.87M | €28.34M | €27.75M | €26.75M | ▼ 3.6% |
| Change in stocks: decrease (increase)609 | - | €-1.39M | €-2.74M | €288k | €393k | ▲ 36.7% |
| Services and other goods61 | - | €8.08M | €9.34M | €10.55M | €11.63M | ▲ 10.3% |
| Remuneration, social security and pensions62 | - | €15.96M | €17.45M | €19.11M | €20.51M | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €701k | €653k | €761k | €846k | €1.04M | ▲ 22.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €328k | €8k | €76k | €1.05M | ▲ 1,285% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-87k | €-72k | €-32k | €61k | ▲ 292% |
| Other operating charges640/8 | - | €242k | €174k | €207k | €238k | ▲ 15.1% |
| Non-recurring operating charges66A | - | €370k | €90k | €9k | €25k | ▲ 187% |
| Operating profit (loss)9901 | €1.33M | €746k | €355k | €2.23M | €-932k | ▼ 142% |
| Financial income75/76B | - | €388k | €322k | €462k | €164k | ▼ 64.5% |
| Recurring financial income75 | €128k | €388k | €322k | €462k | €164k | ▼ 64.5% |
| Income from current assets751 | - | €9k | €13k | €14k | €7k | ▼ 51.1% |
| Other financial income752/9 | - | €378k | €309k | €448k | €157k | ▼ 64.9% |
| Financial charges65/66B | - | €487k | €552k | €1.14M | €861k | ▼ 24.6% |
| Recurring financial charges65 | €668k | €487k | €552k | €1.14M | €861k | ▼ 24.6% |
| Debt charges650 | €207k | €167k | €179k | €368k | €313k | ▼ 15.0% |
| Other financial charges652/9 | - | €320k | €373k | €774k | €548k | ▼ 29.1% |
| Profit (loss) for the period before taxes9903 | €785k | €646k | €124k | €1.55M | €-1.63M | ▼ 205% |
| Income taxes67/77 | €254k | €182k | €-41k | €189k | €-32k | ▼ 117% |
| Taxes670/3 | - | €284k | €139k | €193k | €2k | ▼ 99.0% |
| Tax adjustments and reversals of tax provisions77 | - | €102k | €181k | €4k | €34k | ▲ 787% |
| Profit (loss) for the period9904 | €531k | €464k | €166k | €1.36M | €-1.60M | ▼ 217% |
| Profit (loss) for the period to be appropriated9905 | €531k | €464k | €166k | €1.36M | €-1.60M | ▼ 217% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.04M | €21.87M | €24.63M | €24.09M | €23.83M | ▼ 1.1% |
| Fixed assets21/28 | €3.97M | €3.07M | €2.90M | €3.73M | €5.31M | ▲ 42.5% |
| Intangible fixed assets21 | €357k | €521k | €487k | €528k | €358k | ▼ 32.2% |
| Tangible fixed assets22/27 | €1.98M | €2.41M | €2.27M | €3.19M | €4.94M | ▲ 55.0% |
| Land and buildings22 | - | €816k | €730k | €1.38M | €2.70M | ▲ 95.4% |
| Plant, machinery and equipment23 | - | €504k | €572k | €745k | €680k | ▼ 8.6% |
| Furniture and vehicles24 | - | €252k | €314k | €353k | €310k | ▼ 12.1% |
| Leasing and similar rights25 | - | €608k | €475k | €572k | €1.01M | ▲ 76.5% |
| Other tangible fixed assets26 | - | €230k | €185k | €138k | €94k | ▼ 32.2% |
| Assets under construction and advance payments27 | - | - | - | - | €151k | - |
| Financial fixed assets28 | €1.64M | €141k | €141k | €9k | €9k | ▲ 0.3% |
| Affiliated companies280/1 | - | €134k | €134k | €1k | €1k | = |
| Participating interests280 | - | €134k | €134k | €1k | €1k | = |
| Other financial fixed assets284/8 | - | €7k | €7k | €7k | €7k | ▲ 0.3% |
| Amounts receivable and cash guarantees285/8 | - | €7k | €7k | €7k | €7k | ▲ 0.3% |
| Current assets29/58 | €15.06M | €18.80M | €21.72M | €20.37M | €18.51M | ▼ 9.1% |
| Amounts receivable after more than one year29 | - | €2.59M | €2.03M | €2.01M | €2.01M | ▼ 0.2% |
| Other amounts receivable291 | - | €2.59M | €2.03M | €2.01M | €2.01M | ▼ 0.2% |
| Stocks and contracts in progress3 | €8.52M | €9.96M | €13.35M | €12.92M | €11.43M | ▼ 11.6% |
| Stocks30/36 | - | €9.96M | €13.35M | €12.92M | €11.43M | ▼ 11.6% |
| Raw materials and consumables30/31 | - | €5.46M | €7.91M | €7.62M | €6.66M | ▼ 12.7% |
| Work in progress32 | - | €1.46M | €1.77M | €1.80M | €1.69M | ▼ 6.0% |
| Finished goods33 | - | €1.70M | €2.23M | €2.10M | €2.16M | ▲ 3.1% |
| Goods purchased for resale34 | - | €1.34M | €1.43M | €1.41M | €920k | ▼ 34.6% |
| Amounts receivable within one year40/41 | €6.09M | €4.72M | €5.09M | €3.42M | €4.36M | ▲ 27.5% |
| Trade receivables40 | - | €4.47M | €3.96M | €2.61M | €4.07M | ▲ 55.8% |
| Other amounts receivable41 | - | €246k | €1.13M | €805k | €288k | ▼ 64.2% |
| Cash at bank and in hand54/58 | €222k | €972k | €528k | €1.36M | €151k | ▼ 88.9% |
| Deferred charges and accrued income490/1 | - | €556k | €731k | €661k | €570k | ▼ 13.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.04M | €21.87M | €24.63M | €24.09M | €23.83M | ▼ 1.1% |
| Equity10/15 | €3.25M | €3.71M | €3.88M | €5.24M | €3.65M | ▼ 30.5% |
| Contributions10/11 | €3.20M | €3.20M | €3.20M | €3.20M | €3.20M | = |
| Capital10 | - | €3.20M | €3.20M | €3.20M | €3.20M | = |
| Issued capital100 | - | €3.20M | €3.20M | €3.20M | €3.20M | = |
| Reserves13 | €704k | €704k | €704k | €704k | €704k | = |
| Non-distributable reserves130/1 | - | €320k | €320k | €320k | €320k | = |
| Legal reserve130 | - | €320k | €320k | €320k | €320k | = |
| Tax-exempt reserves132 | - | €192k | €192k | €192k | €192k | = |
| Distributable reserves133 | - | €191k | €191k | €191k | €191k | = |
| Profit (loss) carried forward14 | €-654k | €-191k | €-25k | €1.34M | €-259k | ▼ 119% |
| Provisions and deferred taxes16 | €301k | €214k | €142k | €110k | €171k | ▲ 55.1% |
| Provisions for liabilities and charges160/5 | - | €214k | €142k | €110k | €171k | ▲ 55.1% |
| Pensions and similar obligations160 | - | €171k | €100k | €42k | €60k | ▲ 43.9% |
| Other liabilities and charges164/5 | - | €43k | €42k | €68k | €111k | ▲ 61.9% |
| Amounts payable17/49 | €15.49M | €17.94M | €20.61M | €18.74M | €20.01M | ▲ 6.8% |
| Amounts payable after more than one year17 | €1.75M | €2.06M | €1.73M | €683k | €1.06M | ▲ 54.6% |
| Financial debts170/4 | - | €1.79M | €1.46M | €417k | €790k | ▲ 89.3% |
| Leasing and similar obligations172 | - | €454k | €306k | €391k | €770k | ▲ 96.6% |
| Credit institutions173 | - | €253k | - | - | - | - |
| Other loans174 | - | €1.09M | €1.16M | €26k | €20k | ▼ 22.8% |
| Other amounts payable178/9 | - | €266k | €266k | €266k | €266k | = |
| Amounts payable within one year42/48 | €13.55M | €14.18M | €17.15M | €16.35M | €17.27M | ▲ 5.6% |
| Current portion of amounts payable after more than one year42 | - | €616k | €414k | €172k | €253k | ▲ 46.4% |
| Financial debts43 | - | €3.31M | €3.88M | €3.34M | €4.37M | ▲ 30.6% |
| Credit institutions430/8 | - | €2.00M | €2.52M | €2.00M | €2.84M | ▲ 41.9% |
| Other loans439 | - | €1.31M | €1.35M | €1.34M | €1.53M | ▲ 13.7% |
| Trade debts44 | €5.21M | €6.36M | €8.74M | €7.61M | €7.95M | ▲ 4.5% |
| Suppliers440/4 | - | €6.36M | €8.74M | €7.61M | €7.95M | ▲ 4.5% |
| Advances received on contracts in progress46 | - | €635k | €676k | €1.72M | €700k | ▼ 59.3% |
| Taxes, remuneration and social security45 | - | €3.16M | €3.34M | €3.41M | €3.67M | ▲ 7.8% |
| Taxes450/3 | - | €815k | €913k | €788k | €695k | ▼ 11.8% |
| Remuneration and social security454/9 | - | €2.35M | €2.42M | €2.62M | €2.98M | ▲ 13.7% |
| Other amounts payable47/48 | - | €100k | €107k | €101k | €327k | ▲ 223% |
| Accrued charges and deferred income492/3 | - | €1.70M | €1.73M | €1.71M | €1.69M | ▼ 1.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €531k | €464k | €166k | €1.36M | €-1.60M | ▼ 217% |
| + Depreciation and write-downs630 | €701k | €653k | €761k | €846k | €1.04M | ▲ 22.6% |
| Operating cash flow (approximation) | €1.23M | €1.12M | €927k | €2.21M | €-560k | ▼ 125% |
| Investment in fixed assets (approximation) | - | €248k | €-592k | €-1.67M | €-2.62M | ▼ 57.1% |
| Change in cash | - | €750k | €-444k | €828k | €-1.20M | ▼ 246% |
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
2026
21-09
State Gazette act
Appointment: CDNZ RE (director)Permanent representatives: Guy Vande Vyvere and Jan Battheu · Resignations: Vybros Capital Partners (director) and CLIMATE DESIGNERS FOR NET ZERO (managing director) · Reappointment: CLIMATE DESIGNERS FOR NET ZERO (director)12 facts ▸
State Gazette act
Appointment: CDNZ RE (director)
Permanent representatives: Guy Vande Vyvere and Jan Battheu · Resignations: Vybros Capital Partners (director) and CLIMATE DESIGNERS FOR NET ZERO (managing director) · Reappointment: CLIMATE DESIGNERS FOR NET ZERO (director)12 facts ▸
- General meeting, 04-09-2026
- Director appointment, CDNZ RE (director)
- Director appointment, CDNZ RE (managing director)
- Permanent representative, Guy Vande Vyvere (permanent representative)
- Permanent representative, Jan Battheu (permanent representative)
- Director resignation, Vybros Capital Partners (director)
- Director resignation, CLIMATE DESIGNERS FOR NET ZERO (managing director)
- Permanent representative, Jan Battheu (permanent representative)
- Permanent representative, Guy Vande Vyvere (permanent representative)
- Permanent representative, Jan Battheu (permanent representative)
- Director reappointment, CLIMATE DESIGNERS FOR NET ZERO (director)
- Director appointment, CDNZ RE (director)
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-1.60M
Net result drops to €-1.60M, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.36M ▲724%
Operating result €2.23M, net result €1.36M, both a record.
31-12
Financial
Equity above €5MEq €5.24M ▲35.2%
5 profitable years in a row build equity to €5.24M.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
16-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 20 acts read
About the unread acts
Of the 20 Belgian State Gazette acts we know for this company, 1 has been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, last change in 2026
CDNZ RE
CurrentDirector · since 05-09-2026 · Private limited company · perm. rep.: Jan Battheu
CLIMATE DESIGNERS FOR NET ZERO
CurrentDirector · Private limited company · perm. rep.: Guy Vande Vyvere
05-09-2026
CDNZ RE: Appointed as Director
05-09-2026
CDNZ RE: Appointed as Managing director
04-09-2026
CLIMATE DESIGNERS FOR NET ZERO: Resigned as Managing director
04-09-2026
Vybros Capital Partners: Resigned as Director
Not every act has been read: a resignation may be missing here
19 of this company's 20 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Diepenbeek · 2 establishment units since 1973
Ground area
9.7 ha
Building footprint
4.2 ha
Volume, LiDAR
275,234 m³
3 parcels, Flanders · tallest building 41.6 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Verbindingslaan Z/N, 3590 Diepenbeek
since 19732.008.491.797
JAGA
since 20172.272.458.095
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71402D0304/00E002 | Flanders | 6.6 ha | 1 · 3.8 ha | 14.0 m · 2 fl. |
| 44017D0849/00D000 | Flanders | 1.9 ha | 1 · 4,690 m² | 41.6 m · 2 fl. |
| 71403E0040/00V000 | Flanders | 1.3 ha | - | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 346,159 EUR awarded · 162,361 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 198,700 EUR | 14,902 EUR |
| 2024 | 2 | 29,212 EUR | 29,212 EUR |
| 2023 | 2 | 82,820 EUR | 82,820 EUR |
| 2022 | 2 | 35,427 EUR | 35,427 EUR |
Schemes
Ontwikkelingsproject
Vlaams opleidingsverlof (VOV)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Recognitions · licences · registrations
Dual-learning approval
1 endedMagazijnmedewerker (so)
Legal Entity Identifier
894500OBY76UQDSCXE47
Similar companies · same sector, comparable size
SOVAPLASTICS
BE 0426.612.631
Tielt · Eq €3.71M
Welders
BE 0405.755.651
Aalst · Eq €3.57M
FREMACH IZEGEM
BE 0431.601.203
Izegem · Eq €3.81M
BEYERS' PLASTICS
BE 0415.684.293
Puurs-Sint-Amands · Eq €3.44M
PIPELIFE BELGIUM
BE 0403.848.513
Kalmthout · Eq €3.35M
Of 362 companies in sector 25210 we hold annual accounts for 280. 165 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
Founded01-01-1973
Fiscal year end31-12
Activities, NACEBEL 2025
25210Manufacture of fabricated metal products, except machinery and equipment
Scores and ratios are computed by Checked and are not a credit decision.