JOELCO
0447.667.074 · rovalta.com · 23/09/2026
ACTIVE
JOELCO
Financial year 2025 · closed on 31/12/2025
Net result
-2,7 k €
-146.0% YoY
Gross margin
18 k €
-51.6% YoY
Equity
494,8 k €
+454.5% YoY
Workforce
0,0 ETP
Overview
What does JOELCO do?
JOELCO is a Public limited company incorporated in 1992. Its registered office is in Aalst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0447.667.074
Incorporation
22/06/1992
Legal form
Public limited company
Registered office
Keizersplein 29
9300 Aalst · FlandreSee on map
9300 Aalst · FlandreSee on map
Contributed capital
437 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA
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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 | 18 k € | -51.6% | 37,2 k € | +7.1% | 34,8 k € | +1789% | 1,8 k € | -91.2% | 20,9 k € | -11.9% | 23,7 k € | +2.5% | 23,2 k € | +7.0% | 21,6 k € | -21.9% | 27,7 k € | +30.3% | 21,3 k € | +16.8% | 18,2 k € | +5.0% | 17,3 k € | -54.6% | 38,1 k € | +8.8% | 35 k € | -13.8% | 40,6 k € | -6.6% | 43,5 k € | -5.8% | 46,2 k € | +5.9% | 43,6 k € | -12.3% | 49,7 k € | +1.4% | 49 k € |
| EBITDA | 15,1 k € | -55.8% | 34,2 k € | +6.8% | 32 k € | +3675% | -895,5 € | -105% | 17,6 k € | -11.3% | 19,9 k € | -0.2% | 19,9 k € | +8.5% | 18,3 k € | -16.2% | 21,9 k € | +24.9% | 17,5 k € | +18.5% | 14,8 k € | +13.6% | 13 k € | -62.1% | 34,4 k € | +10.8% | 31 k € | -14.8% | 36,4 k € | -8.3% | 39,7 k € | -5.4% | 42 k € | +4.2% | 40,3 k € | -11.9% | 45,7 k € | +0.2% | 45,6 k € |
| Operating result | -299,6 € | -102% | 19,5 k € | +38.2% | 14,1 k € | +131% | -45,9 k € | -14648% | 315,6 € | -22.5% | 407,1 € | -8.4% | 444,2 € | -62.0% | 1,2 k € | -75.2% | 4,7 k € | +1257% | 346,6 € | +252% | -228,3 € | +88.6% | -2 k € | -109% | 21,2 k € | +18.8% | 17,8 k € | -23.2% | 23,2 k € | -7.5% | 25,1 k € | +53.6% | 16,4 k € | +39.6% | 11,7 k € | -30.3% | 16,8 k € | +9.4% | 15,4 k € |
| Net result | -2,7 k € | -146% | 5,8 k € | -37.9% | 9,3 k € | +119% | -48,9 k € | -88932% | 55 € | -54.8% | 121,8 € | -15.4% | 144 € | -49.6% | 285,9 € | -89.4% | 2,7 k € | +1703% | 149,6 € | +96.4% | 76,2 € | +103% | -2,2 k € | -117% | 12,7 k € | +29.1% | 9,9 k € | -24.3% | 13 k € | -0.0% | 13 k € | +73.8% | 7,5 k € | +520% | 1,2 k € | -59.0% | 2,9 k € | +206% | 962,3 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 494,8 k € | +455% | 89,2 k € | +6.9% | 83,5 k € | +12.5% | 74,2 k € | -39.7% | 123,1 k € | +0.0% | 123 k € | +0.1% | 122,9 k € | +0.1% | 122,8 k € | +0.2% | 122,5 k € | +2.3% | 119,8 k € | +0.1% | 119,6 k € | +0.1% | 119,5 k € | -1.8% | 121,8 k € | +11.7% | 109 k € | +9.9% | 99,2 k € | +15.1% | 86,2 k € | +17.8% | 73,2 k € | +11.4% | 65,7 k € | +1.9% | 64,5 k € | +4.8% | 61,5 k € |
| Total assets | 751,1 k € | +60.5% | 468 k € | +26.8% | 369,1 k € | -4.9% | 388 k € | -3.7% | 402,7 k € | +41.0% | 285,6 k € | -4.0% | 297,6 k € | -1.6% | 302,5 k € | +2.0% | 296,6 k € | -5.6% | 314,1 k € | -1.5% | 318,9 k € | -4.4% | 333,6 k € | -2.6% | 342,4 k € | -2.8% | 352,4 k € | -4.5% | 369 k € | -2.8% | 379,6 k € | -3.6% | 393,9 k € | -6.0% | 418,9 k € | -6.9% | 450 k € | -5.6% | 476,4 k € |
| Cash | 230,3 k € | +9685% | 2,4 k € | +55.8% | 1,5 k € | -74.7% | 6 k € | +84.1% | 3,3 k € | +113% | 1,5 k € | -16.1% | 1,8 k € | -56.1% | 4,1 k € | +133% | 1,8 k € | -16.1% | 2,1 k € | +295% | 536,1 € | +186% | 187,2 € | -94.3% | 3,3 k € | +3102% | 103,4 € | -97.0% | 3,5 k € | +268% | 950 € | +36.3% | 697 € | +2982% | 22,6 € | -99.1% | 2,5 k € | +2925% | 84,3 € |
| Debts | 256 k € | -32.1% | 377,1 k € | +32.7% | 284,3 k € | -9.4% | 313,9 k € | +12.2% | 279,7 k € | +72.0% | 162,6 k € | -6.9% | 174,7 k € | -2.8% | 179,7 k € | +3.2% | 174,1 k € | -10.4% | 194,3 k € | -2.5% | 199,3 k € | -6.9% | 214 k € | -1.3% | 216,9 k € | -9.5% | 239,6 k € | -9.8% | 265,5 k € | -7.8% | 287,9 k € | -9.2% | 317,1 k € | -9.3% | 349,7 k € | -8.5% | 382 k € | -7.1% | 411,4 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 21 ended
Active mandates
Clarina Asselman
ActiveJoachim Rummens
ActiveLien Van den Haute
ActiveEnded mandates
Clarina Asselman
EndedJoachim Rummens
EndedJoachim RUMMENS
EndedLien Van den Haute
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Aalst Troef● Active | 0630.698.849 |
Denderstroom● Active | 0661.939.579 |
| 0780.984.711 | |
MIDFIELD● Active | 0733.722.351 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 08/07/2026 | 27/07/2025 | 18/08/2024 | 12/07/2023 | 20/04/2022 | 19/04/2021 |
| General meeting | 26/06/2026 | 27/06/2025 | 21/03/2024 | 30/06/2023 | 21/03/2022 | 21/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 26/06/2026 | 08/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 27/06/2025 | 27/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 21/03/2024 | 18/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 30/06/2023 | 12/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 21/03/2022 | 20/04/2022 | Dutch | |
| Micro model | 31/12/2020 | 21/03/2021 | 19/04/2021 | Dutch | |
| Micro model | 31/12/2019 | 21/03/2020 | 19/04/2020 | Dutch | |
| Micro model | 31/12/2018 | 21/03/2019 | 19/04/2019 | Dutch | |
| Micro model | 31/12/2017 | 21/03/2018 | 16/04/2018 | Dutch | |
| Micro model | 31/12/2016 | 11/04/2017 | 20/04/2017 | Dutch | |
| Abridged model | 31/12/2015 | 21/03/2016 | 20/04/2016 | Dutch | |
| Abridged model | 31/12/2014 | 22/03/2015 | 22/04/2015 | Dutch | |
| Abridged model | 31/12/2013 | 22/03/2014 | 18/04/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/03/2013 | 19/04/2013 | Dutch | |
| Abridged model | 31/12/2011 | 21/03/2012 | 30/03/2012 | Dutch | |
| Abridged model | 31/12/2010 | 21/03/2011 | 04/04/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/03/2010 | 16/04/2010 | Dutch | |
| Abridged model | 31/12/2008 | 21/03/2009 | 20/04/2009 | Dutch | |
| Abridged model | 31/12/2007 | 21/03/2008 | 18/04/2008 | Dutch | |
| Abridged model | 31/12/2006 | 21/03/2007 | 20/04/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 21 ended
Active mandates
Clarina Asselman
ActiveJoachim Rummens
ActiveLien Van den Haute
ActiveEnded mandates
Clarina Asselman
EndedJoachim Rummens
EndedJoachim RUMMENS
EndedLien Van den Haute
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/03/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates13/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates24/07/2020ONTSLAGEN - BENOEMINGEN
- Mandates11/09/2014KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates23/04/2010ONTSLAGEN - BENOEMINGEN
- Mandates15/06/2004ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-2,7 k €↓
- 2024Annual accounts 20245,8 k €↓
- 2023Annual accounts 20239,3 k €↑
- 2022Annual accounts 2022-48,9 k €↓
- 2021Annual accounts 202155 €↓
- 2020Annual accounts 2020121,8 €↓
- 2019Annual accounts 2019144 €↓
- 2018Annual accounts 2018285,9 €↓
- 2017Annual accounts 20172,7 k €↑
- 2016Annual accounts 2016149,6 €↑
- 2015Annual accounts 201576,2 €↑
- 2014Annual accounts 2014-2,2 k €↓
- 2013Annual accounts 201312,7 k €↑
- 2012Annual accounts 20129,9 k €↓
- 2011Annual accounts 201113 k €↓
- 2010Annual accounts 201013 k €↑
- 2009Annual accounts 20097,5 k €↑
- 2008Annual accounts 20081,2 k €↓
- 2007Annual accounts 20072,9 k €↑
- 2006Annual accounts 2006962,3 €
- 22/06/1992IncorporationPublic limited company