ACTIVE

J - SQUARE

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Financial year 2025 · closed on 31/12/2025

Net result

692,5 k €

+1528.7% YoY

Gross margin

772,2 k €

+8473.6% YoY

Equity

341,2 k €

-56.2% YoY

What does J - SQUARE do?

J - SQUARE is a Public limited company incorporated in 1992. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.503.668

Incorporation

31/01/1992

Legal form

Public limited company

Registered office

Orteliuskaai 2 box A081
2000 Antwerpen · FlandreSee on map

Contributed capital

65 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

74601Other professional, scientific and technical activities· main 80010Security and investigation activities 80100Private security activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	772,2 k €	+8474%	-9,2 k €	-188%	10,5 k €	-26.0%	14,1 k €	+152%	5,6 k €	-57.1%	13,1 k €	-89.0%	119 k €	-3.7%	123,6 k €	+10.2%	112,1 k €	-30.1%	160,4 k €	+20.0%	133,7 k €	-3.8%	139,1 k €	-32.7%	206,7 k €	-3.2%	213,5 k €	+32.9%	160,7 k €	-4.7%	168,6 k €	-34.6%	257,8 k €	-6.7%	276,3 k €	-2.2%	282,5 k €	+24.2%	227,5 k €
EBITDA	768,2 k €	+6157%	-12,7 k €	-284%	6,9 k €	-28.0%	9,6 k €	+894%	961 €	+103%	-32,8 k €	-161%	53,7 k €	+30.7%	41,1 k €	+58.2%	26 k €	-64.8%	73,8 k €	+86.7%	39,5 k €	-20.9%	50 k €	-57.0%	116,2 k €	-8.8%	127,5 k €	+67.2%	76,3 k €	-2.9%	78,5 k €	-54.1%	171 k €	-8.1%	186,1 k €	-9.1%	204,8 k €	+31.6%	155,6 k €
Operating result	764,3 k €	+1508%	-54,3 k €	-59.9%	-33,9 k €	-7.3%	-31,6 k €	+38.7%	-51,6 k €	+39.2%	-84,9 k €	-19277%	-438,4 €	+98.0%	-22,1 k €	+47.5%	-42,1 k €	-284%	22,9 k €	+523%	-5,4 k €	-17.3%	-4,6 k €	-108%	56,3 k €	-21.7%	72 k €	+381%	15 k €	-2.3%	15,3 k €	-87.1%	119 k €	-8.0%	129,4 k €	-23.2%	168,6 k €	+32.2%	127,5 k €
Net result	692,5 k €	+1529%	-48,5 k €	-76.6%	-27,4 k €	-20.3%	-22,8 k €	+61.8%	-59,7 k €	+81.6%	-323,7 k €	-3954%	8,4 k €	+196%	-8,8 k €	+49.2%	-17,3 k €	-278%	9,7 k €	-87.7%	79,1 k €	-84.5%	511,6 k €	+1178%	40 k €	-25.1%	53,4 k €	+268%	14,5 k €	-38.6%	23,6 k €	-82.0%	131 k €	-50.8%	266,2 k €	+137%	112,5 k €	+30.7%	86,1 k €
Balance sheet
Equity	341,2 k €	-56.2%	779,2 k €	-14.4%	909,8 k €	-3.0%	937,8 k €	-2.4%	961,1 k €	-34.7%	1,5 M €	-18.1%	1,8 M €	+0.4%	1,8 M €	-0.5%	1,8 M €	-1.0%	1,8 M €	-1.1%	1,8 M €	+2.9%	1,8 M €	+36.3%	1,3 M €	+111%	619,5 k €	+4.6%	592,3 k €	-25.8%	798,3 k €	-22.9%	1 M €	+11.3%	929,8 k €	+34.9%	689,1 k €	+14.4%	602,1 k €
Total assets	361,9 k €	-53.9%	784,8 k €	-14.4%	916,9 k €	-2.9%	944,4 k €	-3.6%	979,2 k €	-34.2%	1,5 M €	-18.0%	1,8 M €	+0.3%	1,8 M €	-0.9%	1,8 M €	-6.7%	2 M €	-3.7%	2 M €	+1.2%	2 M €	+33.2%	1,5 M €	+83.9%	820,9 k €	-15.2%	968,1 k €	-22.9%	1,3 M €	-1.9%	1,3 M €	+3.7%	1,2 M €	+52.3%	810,5 k €	+18.7%	682,7 k €
Cash	211,6 k €	-22.9%	274,4 k €	-31.2%	398,9 k €	+8.8%	366,5 k €	-14.5%	428,7 k €	-22.6%	553,5 k €	-17.3%	669,4 k €	-26.3%	908,5 k €	+200%	302,8 k €	+35.2%	224 k €	+14.5%	195,6 k €	+752%	23 k €	+14.1%	20,1 k €	-32.8%	30 k €	-34.9%	46 k €	-72.0%	164,2 k €	+17.5%	139,8 k €	+103%	68,8 k €	+185%	24,2 k €	+83.8%	13,1 k €
Debts	20,7 k €	+270%	5,6 k €	-20.9%	7,1 k €	+7.7%	6,6 k €	-61.0%	16,9 k €	+19.6%	14,1 k €	-18.4%	17,3 k €	-12.5%	19,8 k €	-27.3%	27,2 k €	-80.7%	141,1 k €	-28.4%	197 k €	-12.4%	224,9 k €	+13.3%	198,5 k €	+0.3%	197,9 k €	-46.8%	371,8 k €	-18.1%	454 k €	+87.5%	242,1 k €	-20.1%	302,9 k €	+153%	119,7 k €	+52.6%	78,4 k €
Other
Workforce	–		–		–		–		–		0,4 ETP	-33.3%	0,6 ETP	-25.0%	0,8 ETP	-20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	-26.7%	1,5 ETP	+50.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Jan De Meester

Managing director · since 03 avril 2025

Active

Jo Maertens

Director · since 03 avril 2025

Active

Ended mandates

Jan De Meester

Managing director · until 25 juin 2007

Ended

Jan De Meester

Managing director · until 24 juin 2013

Ended

Jan De Meester

Managing director · until 24 juin 2019

Ended

Jan De Meester

Managing director · until 23 juin 2025

Ended

At this address

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Intersumus● Active	0773.490.074
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/07/2026	04/07/2025	01/07/2024	11/07/2023	28/06/2022	23/08/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	20/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	24/06/2024	01/07/2024	Dutch	PDF
Micro model	31/12/2022	26/06/2023	11/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	23/08/2021	Dutch	PDF
Abridged model	31/12/2019	22/06/2020	17/08/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	27/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	13/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 9 ended

Active mandates

Jan De Meester

Managing director · since 03 avril 2025

Active

Jo Maertens

Director · since 03 avril 2025

Active

Ended mandates

Jan De Meester

Managing director · until 25 juin 2007

Ended

Jan De Meester

Managing director · until 24 juin 2013

Ended

Jan De Meester

Managing director · until 24 juin 2019

Ended

Jan De Meester

Managing director · until 23 juin 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/03/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/04/2023
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/03/2013
KAPITAAL - AANDELEN
PDF
Mandates13/08/2007
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

2025
Annual accounts 2025692,5 k €↑
2024
Annual accounts 2024-48,5 k €↓
2023
Annual accounts 2023-27,4 k €↓
2022
Annual accounts 2022-22,8 k €↑
2021
Annual accounts 2021-59,7 k €↑
2021
Name changeJsquare
2020
Annual accounts 2020-323,7 k €↓
2019
Annual accounts 20198,4 k €↑
2018
Annual accounts 2018-8,8 k €↑
2017
Annual accounts 2017-17,3 k €↓
2016
Annual accounts 20169,7 k €↓
2015
Annual accounts 201579,1 k €↓
2014
Annual accounts 2014511,6 k €↑
2013
Annual accounts 201340 k €↓
2012
Annual accounts 201253,4 k €↑
2011
Annual accounts 201114,5 k €↓
2010
Annual accounts 201023,6 k €↓
2009
Annual accounts 2009131 k €↓
2008
Annual accounts 2008266,2 k €↑
2007
Annual accounts 2007112,5 k €↑
2006
Annual accounts 200686,1 k €
2006
Name changeJ-Square
31/01/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

J - SQUARE

Overview

What does J - SQUARE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline