ACTIVE

JAGA

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Financial year 2025 · Closed on 31/12/2025

Net result-1,6 M €+40,6 %over 1 year
Revenue58 M €+1,4 %over 1 year
Equity6,2 M €+138,4 %over 1 year
Workforce282,3 ETP-5,4 %over 1 year

Identity

Source · BCE/KBO

JAGA is a Public limited company incorporated in 1973. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Diepenbeek. It employs on average 282,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.382.425
Incorporation
01/01/1973
Legal form
Public limited company
Registered office
Verbindingslaan 16
3590 Diepenbeek · FlandreSee on map
Contributed capital
3 200 000,00 €
Latest accounts
31/12/2025
Average workforce
282,3 ETP
Joint committees (2)
  • 111
  • 209
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue58 M €57,2 M €56,8 M €49,3 M €43,5 M €
EBITDA-706,9 k €1,2 M €3,1 M €1,1 M €1,6 M €
Operating result-1,3 M €-2 M €2,2 M €354,9 k €745,5 k €
Net result-1,6 M €-2,6 M €1,4 M €165,6 k €463,6 k €
Balance sheet
Equity6,2 M €2,6 M €5,2 M €3,9 M €3,7 M €
Total assets33,3 M €23,8 M €24,1 M €24,6 M €21,9 M €
Cash1 M €150,8 k €1,4 M €527,8 k €971,6 k €
Debts24,5 M €18,3 M €17 M €18,9 M €16,2 M €
Other
Workforce282,3 ETP298,3 ETP301,5 ETP289,2 ETP292,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CLIMATE DESIGNERS FOR NET ZERO1021.720.596Represented by Jan Battheu
Managing director14/05/2025 → 27/08/2031
Vybros Capital Partners1002.056.223Represented by Guy Vande Vyvere
Director14/05/2025 → 27/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan Joseph Kriekels
Managing director23/06/2023 → 2024 accounts
LICOMA0436.033.212Represented by François Vermer
Director23/06/2023 → 2024 accounts

Other companies at this address

Verbindingslaan 16 3590 Diepenbeek
CompanyCBE no.
CDNZ GROUP● Active
1043.995.657
CDNZ RE● Active
1041.957.865
CLIMATE DESIGNERS FOR NET ZERO● Active
1021.720.596
INRACO● Active
1022.799.870
NIVO DESIGN en PRODUKTONTWIKKELING● Active
0450.050.603

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/06/202601/06/202624/07/202428/06/202307/07/202206/07/2021
General meeting22/05/202622/05/202628/06/202423/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/05/202619/06/2026DutchPDF
Full modelCorrection31/12/202422/05/202601/06/2026DutchPDF
Full model31/12/202427/06/202510/07/2025DutchPDF
Full model31/12/202328/06/202424/07/2024DutchPDF
Full model31/12/202223/06/202328/06/2023DutchPDF
Full model31/12/202124/06/202207/07/2022DutchPDF
Full model31/12/202025/06/202106/07/2021DutchPDF
Full model31/12/201926/06/202003/07/2020DutchPDF
Full model31/12/201828/06/201911/07/2019DutchPDF
Full model31/12/201722/06/201810/08/2018DutchPDF
Full model31/12/201623/06/201718/07/2017DutchPDF
Full model31/03/201525/09/201516/11/2015DutchPDF
Full model31/03/201426/09/201429/10/2014DutchPDF
Full model31/03/201327/09/201331/10/2013DutchPDF
Full model31/03/201228/09/201229/10/2012DutchPDF
Full model31/03/201123/09/201124/10/2011DutchPDF
Full model31/03/201024/09/201025/10/2010DutchPDF
Full model31/03/200925/09/200920/10/2009DutchPDF
Full model31/03/200826/09/200822/10/2008DutchPDF
Full model31/03/200728/09/200702/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
CLIMATE DESIGNERS FOR NET ZERO1021.720.596Represented by Jan Battheu
Managing director14/05/2025 → 27/08/2031
Vybros Capital Partners1002.056.223Represented by Guy Vande Vyvere
Director14/05/2025 → 27/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan Joseph Kriekels
Managing director23/06/2023 → 2024 accounts
LICOMA0436.033.212Represented by François Vermer
Director23/06/2023 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other23/10/2026
    STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Mandates21/09/2026
    DIVERSEN, ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates16/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/11/2023
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates20/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/06/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Vybros Capital Partners
CLIMATE DESIGNERS FOR NET ZERO
LICOMA
Jan Joseph Kriekels
Jan Lambert Kriekels
19731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
JAGA
Verbindingslaan 16, 3590 Diepenbeek
Director
Managing director
Director
Managing directorDirector
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Verbindingslaan 16, 3590 DiepenbeekCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00184125

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
JAGACurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00184125

Events

  1. 2025
    Annual accounts 2025-1,6 M €↑
  2. 2024
    Annual accounts 2024-2,6 M €↓
  3. 2023
    Annual accounts 20231,4 M €↑
  4. 2022
    Annual accounts 2022165,6 k €↓
  5. 2021
    Annual accounts 2021463,6 k €↓
  6. 2020
    Annual accounts 2020530,7 k €↑
  7. 2019
    Annual accounts 201917,7 k €↑
  8. 2018
    Annual accounts 2018-773,7 k €↓
  9. 2017
    Annual accounts 201716,2 k €↑
  10. 2016
    Annual accounts 2016-983 k €↓
  11. 2015
    Annual accounts 201574,8 k €↑
  12. 2014
    Annual accounts 201470,6 k €↑
  13. 2013
    Annual accounts 201311,2 k €↑
  14. 2012
    Annual accounts 2012-867,4 k €↑
  15. 2011
    Annual accounts 2011-1,9 M €↓
  16. 2010
    Annual accounts 2010102,2 k €↑
  17. 2009
    Annual accounts 200938,9 k €↑
  18. 2008
    Annual accounts 2008-337,6 k €↑
  19. 2007
    Annual accounts 2007-696,7 k €
  20. 01/01/1973
    IncorporationPublic limited company