ACTIVE

Jogrex

Financial year 2025 · closed on 31/12/2025
Net result
91,3 k €
-30.5% YoY
Gross margin
523 k €
+12.6% YoY
Equity
3,7 M €
+1.1% YoY
Workforce
1,8 ETP
0.0% YoY

What does Jogrex do?

Jogrex is a Public limited company incorporated in 1974. Its registered office is in Kapelle-op-den-Bos. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.376.575
Incorporation
28/06/1974
Legal form
Public limited company
Registered office
Londerzeelseweg 64
1880 Kapelle-op-den-Bos · FlandreSee on map
Contributed capital
198 314,82 €
Latest accounts
31/12/2025
Average workforce
1,8 ETP
Joint committees (2)
  • 119
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin523 k €464,6 k €788,4 k €103,1 k €228,3 k €314,6 k €486 k €828,7 k €782,1 k €968,1 k €737,3 k €698,7 k €620,5 k €605,5 k €953,8 k €992,6 k €543,1 k €402,4 k €622,9 k €425,9 k €
EBITDA353,2 k €278,7 k €599,4 k €-46,5 k €88,8 k €83,2 k €237,8 k €616,2 k €547,2 k €688 k €260,1 k €180,7 k €171,9 k €116,2 k €422,3 k €612,2 k €314,1 k €251 k €337,1 k €137,1 k €
Operating result291,4 k €231,9 k €548,1 k €-92,8 k €37,2 k €17,8 k €152,7 k €521,3 k €445,2 k €573,6 k €144,7 k €63,8 k €58 k €14,1 k €303,3 k €478 k €191,4 k €110 k €99,9 k €-33,1 k €
Net result91,3 k €131,2 k €417,9 k €224,5 k €7,8 k €-13,4 k €109,1 k €116,7 k €193 k €397,7 k €135,3 k €7,8 k €34,7 k €25,1 k €220,1 k €318 k €207,4 k €71,5 k €109,3 k €-2,6 k €
Balance sheet
Equity3,7 M €3,7 M €3,6 M €3,4 M €3,3 M €3,3 M €3,3 M €3,2 M €3,1 M €2,9 M €2,7 M €2,6 M €2,6 M €2,6 M €2,5 M €2,3 M €2 M €1,8 M €1,7 M €1,6 M €
Total assets5,8 M €4,4 M €4,7 M €4,7 M €6,4 M €7 M €11,6 M €11,8 M €7,6 M €7 M €5,9 M €6,4 M €6,3 M €6 M €4,9 M €4,6 M €4,4 M €5,3 M €5,3 M €5,8 M €
Cash538,2 k €938,5 k €574,4 k €1,2 M €194,6 k €353,8 k €3,2 M €705,6 k €1 M €897,2 k €136,9 €372,9 k €666,9 k €137,7 k €425,7 k €225,5 k €603,5 k €338,1 k €101,3 k €303,9 k €
Debts2 M €554,9 k €985,7 k €1,1 M €2,9 M €3,7 M €7,9 M €8,4 M €4,5 M €4 M €3 M €3,8 M €3,7 M €3,4 M €2,3 M €2,3 M €2,3 M €3,4 M €3,4 M €4,1 M €
Other
Workforce1,8 ETP1,8 ETP1,9 ETP1,9 ETP1,9 ETP1,9 ETP1,9 ETP1,9 ETP4,3 ETP4,3 ETP4,9 ETP5,1 ETP4,9 ETP4,8 ETP4,0 ETP5,0 ETP5,0 ETP4,3 ETP5,2 ETP5,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 11 ended

Active mandates

Astrid Sneyers

Director

Active
Georges Olbrechts

Director

Active
Joris Olbrechts

Director

Active
Peter Olbrechts

Director

Active

Ended mandates

ASTRID SNEYERS

Director · since 16 décembre 2013 · until 16 décembre 2019

Ended
GEORGES OLBRECHTS

Managing director · since 16 décembre 2013 · until 16 décembre 2019

Ended
JORIS OLBRECHTS

Director · since 16 décembre 2013 · until 16 décembre 2019

Ended
PETER OLBRECHTS

Director · since 16 décembre 2013 · until 16 décembre 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
JODIFROSTActive
0428.913.016
OLAF PROJECTSActive
0675.847.696
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/08/202629/08/202531/08/202431/08/202323/08/202231/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/08/2026DutchPDF
Abridged model31/12/202430/06/202529/08/2025DutchPDF
Abridged model31/12/202330/06/202431/08/2024DutchPDF
Abridged model31/12/202230/06/202331/08/2023DutchPDF
Abridged model31/12/202130/06/202223/08/2022DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Abridged model31/12/201930/06/202029/08/2020DutchPDF
Abridged model31/12/201828/06/201931/08/2019DutchPDF
Abridged model31/12/201728/05/201819/06/2018DutchPDF
Abridged model31/12/201629/05/201707/06/2017DutchPDF
Abridged model31/12/201530/05/201608/06/2016DutchPDF
Abridged model31/12/201414/05/201521/05/2015DutchPDF
Abridged model31/12/201326/05/201426/05/2014DutchPDF
Abridged model31/12/201227/05/201320/06/2013DutchPDF
Abridged model31/12/201129/05/201226/06/2012DutchPDF
Abridged model31/12/201030/05/201121/06/2011DutchPDF
Abridged model31/12/200931/05/201002/06/2010DutchPDF
Abridged model31/12/200825/05/200905/06/2009DutchPDF
Abridged model31/12/200726/05/200804/06/2008DutchPDF
Abridged model31/12/200628/05/200726/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 11 ended

Active mandates

Astrid Sneyers

Director

Active
Georges Olbrechts

Director

Active
Joris Olbrechts

Director

Active
Peter Olbrechts

Director

Active

Ended mandates

ASTRID SNEYERS

Director · since 16 décembre 2013 · until 16 décembre 2019

Ended
GEORGES OLBRECHTS

Managing director · since 16 décembre 2013 · until 16 décembre 2019

Ended
JORIS OLBRECHTS

Director · since 16 décembre 2013 · until 16 décembre 2019

Ended
PETER OLBRECHTS

Director · since 16 décembre 2013 · until 16 décembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/01/2012
    KAPITAAL - AANDELEN
    PDF
  • Mandates10/07/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202591,3 k €
  2. 2024
    Annual accounts 2024131,2 k €
  3. 2023
    Annual accounts 2023417,9 k €
  4. 2022
    Annual accounts 2022224,5 k €
  5. 2021
    Annual accounts 20217,8 k €
  6. 2020
    Annual accounts 2020-13,4 k €
  7. 2019
    Annual accounts 2019109,1 k €
  8. 2018
    Annual accounts 2018116,7 k €
  9. 2017
    Annual accounts 2017193 k €
  10. 2016
    Annual accounts 2016397,7 k €
  11. 2015
    Annual accounts 2015135,3 k €
  12. 2014
    Annual accounts 20147,8 k €
  13. 2013
    Annual accounts 201334,7 k €
  14. 2012
    Annual accounts 201225,1 k €
  15. 2011
    Annual accounts 2011220,1 k €
  16. 2010
    Annual accounts 2010318 k €
  17. 2009
    Annual accounts 2009207,4 k €
  18. 2008
    Annual accounts 200871,5 k €
  19. 2007
    Annual accounts 2007109,3 k €
  20. 2006
    Annual accounts 2006-2,6 k €
  21. 28/06/1974
    IncorporationPublic limited company