ACTIVE

JAPEC

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

467 k €

-96.3% YoY

Revenue

64,4 k €

+2.7% YoY

Equity

14,1 M €

+3.4% YoY

What does JAPEC do?

JAPEC is a Public limited company incorporated in 1998. Its main activity is: Activities of holding companies. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.674.747

Incorporation

29/06/1998

Legal form

Public limited company

Registered office

Pontstraat 4
8791 Waregem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65231Reinsurance

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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
Revenue	64,4 k €	+2.7%	62,7 k €	+3.9%	60,4 k €	+7.4%	56,2 k €	+5.9%	53,1 k €	+0.7%	52,7 k €	+1.1%	52,1 k €	+2.2%	51 k €	+1.6%	50,2 k €	+1.7%	49,4 k €	+2.3%	48,3 k €	+19.1%	40,6 k €	+80.2%	22,5 k €	-89.6%	216 k €	0.0%	216 k €		–		–		–		–		–
EBITDA	59 k €	+1.4%	58,2 k €	+2.8%	56,7 k €	+8.7%	52,1 k €	+8.2%	48,2 k €	-2.5%	49,4 k €	+0.6%	49,1 k €	+3.6%	47,4 k €	+0.8%	47 k €	+3.1%	45,6 k €	+2.2%	44,6 k €	+20.7%	36,9 k €	-7.1%	39,8 k €	+1.6%	39,2 k €	-28.0%	54,4 k €	+34.1%	40,6 k €	-25.2%	54,2 k €	-54.6%	119,4 k €	-30.2%	171,1 k €	+45.6%	117,5 k €
Operating result	59 k €	+1.4%	58,2 k €	+2.8%	56,7 k €	+8.7%	52,1 k €	+8.2%	48,2 k €	-2.5%	49,4 k €	+0.6%	49,1 k €	+3.6%	47,4 k €	+0.8%	47 k €	+3.1%	45,6 k €	+2.2%	44,6 k €	+20.7%	36,9 k €	-7.1%	39,8 k €	+1.6%	39,2 k €	-28.0%	54,4 k €	+34.1%	40,6 k €	-25.2%	54,2 k €	-54.6%	119,4 k €	-30.2%	171,1 k €	+45.6%	117,5 k €
Net result	467 k €	-96.3%	12,7 M €	+102220%	12,4 k €	-17.5%	15 k €	+18.2%	12,7 k €	-11.5%	14,4 k €	+22.7%	11,7 k €	+4.4%	11,2 k €	+6.3%	10,5 k €	+23.4%	8,5 k €	-1.3%	8,7 k €	+78.0%	4,9 k €	+1035%	-520,7 €	-530%	121,1 €	-99.1%	13 k €	+51.4%	8,6 k €	-62.4%	22,8 k €	-71.4%	79,7 k €	-11.6%	90,2 k €	+39.9%	64,5 k €
Balance sheet
Equity	14,1 M €	+3.4%	13,6 M €	+1342%	943,9 k €	+1.3%	931,5 k €	+1.6%	916,5 k €	+1.4%	903,8 k €	+1.6%	889,5 k €	+1.3%	877,8 k €	+1.3%	866,6 k €	+1.2%	856 k €	+1.0%	847,5 k €	+1.0%	838,8 k €	+0.6%	833,9 k €	-0.1%	834,5 k €	+0.0%	834,3 k €	+1.6%	821,4 k €	+1.1%	812,8 k €	+2.9%	790 k €	-36.0%	1,2 M €	+7.9%	1,1 M €
Total assets	15 M €	+3.5%	14,5 M €	+703%	1,8 M €	+2.8%	1,8 M €	+2.2%	1,7 M €	+2.1%	1,7 M €	+2.2%	1,7 M €	+2.1%	1,6 M €	+2.1%	1,6 M €	+2.7%	1,5 M €	+1.6%	1,5 M €	+2.0%	1,5 M €	+1.2%	1,5 M €	-0.3%	1,5 M €	+3.3%	1,4 M €	+14.1%	1,3 M €	-0.8%	1,3 M €	-11.2%	1,4 M €	-28.0%	2 M €	+3.5%	1,9 M €
Cash	5,9 k €	-92.6%	79,4 k €	-86.2%	574,5 k €	+8.6%	528,8 k €	+6.6%	496 k €	+8.7%	456,2 k €	+8.8%	419,2 k €	+8.9%	385,1 k €	+11.5%	345,2 k €	+13.5%	304,2 k €	+18.9%	255,9 k €	+17.7%	217,3 k €	-6.8%	233,2 k €	+36.0%	171,5 k €	+38.6%	123,8 k €	+1824%	6,4 k €	-25.9%	8,7 k €	+126%	3,8 k €	+675%	496 €	-82.5%	2,8 k €
Debts	898,6 k €	+5.5%	852,2 k €	+4.0%	819,8 k €	+2.8%	797,4 k €	+2.8%	775,5 k €	+2.8%	754,1 k €	+3.4%	729,3 k €	+3.1%	707,7 k €	+3.2%	685,5 k €	-0.0%	685,8 k €	+7.3%	639 k €	+3.2%	619,4 k €	+3.8%	596,8 k €	-0.9%	602,5 k €	+1.3%	595 k €	+45.2%	409,7 k €	-4.5%	429 k €	-29.8%	611,4 k €	-12.8%	701,3 k €	-3.4%	726,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	-30.2%	4,3 ETP	-10.4%	4,8 ETP	-2.0%	4,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Nicole DE PRÊTRE

Director · since 13 décembre 2021 · until 13 décembre 2027

Active

Peter CNUDDE

Managing director · since 13 décembre 2021 · until 13 décembre 2027

Active

Ended mandates

Nicole DE PRÊTRE

Director · since 31 mars 2010

Ended

Gisèla (2010) DELODDER

Director

Ended

Gisèla DELODDER

Director · until 31 mars 2010

Ended

Jan (2010) CNUDDE

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
CNUDDE● Active	0424.841.192
CNUDDE INVEST● Active	0896.671.265

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	27/07/2026	17/07/2025	19/07/2024	14/07/2023	18/07/2022	28/07/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	27/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	19/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	18/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	28/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	28/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	15/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	26/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	16/07/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	22/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	16/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	17/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 10 ended

Active mandates

Nicole DE PRÊTRE

Director · since 13 décembre 2021 · until 13 décembre 2027

Active

Peter CNUDDE

Managing director · since 13 décembre 2021 · until 13 décembre 2027

Active

Ended mandates

Nicole DE PRÊTRE

Director · since 31 mars 2010

Ended

Gisèla (2010) DELODDER

Director

Ended

Gisèla DELODDER

Director · until 31 mars 2010

Ended

Jan (2010) CNUDDE

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/05/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office03/11/2008
Wijziging adres maatschappelijke zetel en bedrijfsinrichting ;
PDF
Mandates25/04/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2006
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 2025467 k €↓
2024
Annual accounts 202412,7 M €↑
2023
Annual accounts 202312,4 k €↓
2022
Annual accounts 202215 k €↑
2021
Annual accounts 202112,7 k €↓
2020
Annual accounts 202014,4 k €↑
2019
Annual accounts 201911,7 k €↑
2018
Annual accounts 201811,2 k €↑
2017
Annual accounts 201710,5 k €↑
2016
Annual accounts 20168,5 k €↓
2015
Annual accounts 20158,7 k €↑
2014
Annual accounts 20144,9 k €↑
2013
Annual accounts 2013-520,7 €↓
2012
Annual accounts 2012121,1 €↓
2011
Annual accounts 201113 k €↑
2010
Annual accounts 20108,6 k €↓
2009
Annual accounts 200922,8 k €↓
2008
Annual accounts 200879,7 k €↓
2007
Annual accounts 200790,2 k €↑
2006
Annual accounts 200664,5 k €
29/06/1998
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

JAPEC

Overview

What does JAPEC 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