ACTIVE

JOLY SA

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Financial year 2025 · closed on 31/12/2025

Net result

958 k €

-29.5% YoY

Revenue

2,2 M €

+2.8% YoY

Equity

16,8 M €

-2.7% YoY

Workforce

5,0 ETP

0.0% YoY

What does JOLY SA do?

JOLY SA is a Public limited company incorporated in 1998. Its registered office is in Liège. It employs on average 5,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.849.536

Incorporation

15/12/1998

Legal form

Public limited company

Registered office

Avenue de l'Indépendance 83
4020 Liège · WallonieSee on map

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Average workforce

5,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007
Income statement
Revenue	2,2 M €	+2.8%	2,1 M €	-2.9%	2,2 M €	+10.5%	2 M €	+64.6%	1,2 M €	+37.4%	881,1 k €	-17.1%	1,1 M €	-4.0%	1,1 M €	+24.5%	889,3 k €	+6.6%	834 k €	+1.0%	825,6 k €	-6.2%	880,1 k €	-18.3%	1,1 M €	+0.6%	1,1 M €	+34.8%	795,1 k €	-14.8%	933,1 k €	-5.7%	989,9 k €	+9.3%	906 k €
EBITDA	40,2 k €	-88.3%	344,9 k €	-2.3%	353 k €	+71.6%	205,7 k €	-51.4%	423,4 k €	-21.4%	539 k €	+236%	160,3 k €	-18.3%	196,2 k €	+196%	-203,3 k €	-489%	-34,5 k €	-265%	20,9 k €	-87.3%	164,2 k €	-50.8%	333,9 k €	+3.1%	323,8 k €	+501%	53,9 k €	-69.2%	175,1 k €	-36.8%	277,1 k €	+29.6%	213,7 k €
Operating result	-163,7 k €	-224%	132 k €	-15.0%	155,2 k €	+7610%	2 k €	-99.1%	220,5 k €	-33.1%	329,7 k €	+1298%	-27,5 k €	-158%	47,7 k €	+115%	-311,3 k €	-420%	-59,8 k €	-393%	20,4 k €	-79.1%	97,7 k €	-66.6%	292,6 k €	+3.4%	283,1 k €	+2838%	9,6 k €	-91.8%	117,9 k €	-44.5%	212,4 k €	+52.1%	139,6 k €
Net result	958 k €	-29.5%	1,4 M €	+18.9%	1,1 M €	-50.0%	2,3 M €	-11.4%	2,6 M €	+160%	992,8 k €	+880%	101,3 k €	-95.8%	2,4 M €	+601%	342,8 k €	+4.4%	328,3 k €	+170%	121,7 k €	-57.4%	285,6 k €	-76.9%	1,2 M €	+4.3%	1,2 M €	+1892%	59,6 k €	-3.9%	62 k €	-78.9%	293,3 k €	-77.8%	1,3 M €
Balance sheet
Equity	16,8 M €	-2.7%	17,3 M €	+0.5%	17,2 M €	-1.0%	17,4 M €	+6.3%	16,3 M €	+8.5%	15 M €	+7.1%	14,1 M €	+0.7%	14 M €	+20.8%	11,6 M €	-12.0%	13,1 M €	+1.5%	12,9 M €	-0.1%	12,9 M €	+2.3%	12,6 M €	+10.9%	11,4 M €	+11.6%	10,2 M €	-0.4%	10,3 M €	-1.3%	10,4 M €	+2.6%	10,1 M €
Total assets	32,2 M €	-7.2%	34,7 M €	+36.0%	25,5 M €	-1.4%	25,9 M €	+3.1%	25,1 M €	-1.5%	25,5 M €	+6.7%	23,9 M €	+4.6%	22,9 M €	+4.3%	21,9 M €	+22.9%	17,8 M €	+1.3%	17,6 M €	-1.5%	17,9 M €	-1.7%	18,2 M €	-0.6%	18,3 M €	+28.5%	14,2 M €	+0.1%	14,2 M €	+0.5%	14,1 M €	-0.9%	14,3 M €
Cash	1,5 M €	+4.6%	1,4 M €	+1585%	85 k €	-25.9%	114,7 k €	+8.4%	105,8 k €	-12.3%	120,6 k €	-34.6%	184,4 k €	-40.6%	310,3 k €	+325%	72,9 k €	-22.0%	93,5 k €	-79.2%	449,5 k €	+122%	202,7 k €	+14.3%	177,4 k €	+5373%	3,2 k €	-78.6%	15,2 k €	+36.3%	11,1 k €	-68.6%	35,5 k €	-0.4%	35,6 k €
Debts	15,4 M €	-11.5%	17,4 M €	+109%	8,3 M €	-2.3%	8,5 M €	-2.9%	8,8 M €	-15.9%	10,5 M €	+6.2%	9,8 M €	+10.6%	8,9 M €	-14.1%	10,4 M €	+120%	4,7 M €	+0.6%	4,7 M €	-5.2%	4,9 M €	-10.6%	5,5 M €	-19.5%	6,9 M €	+71.5%	4 M €	+3.0%	3,9 M €	+5.4%	3,7 M €	-9.6%	4,1 M €
Other
Workforce	5,0 ETP	0.0%	5,0 ETP	-5.7%	5,3 ETP	-3.6%	5,5 ETP	+19.6%	4,6 ETP	0.0%	4,6 ETP	0.0%	4,6 ETP	+9.5%	4,2 ETP	+10.5%	3,8 ETP	+26.7%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-35.5%	3,1 ETP	+55.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 23 ended

Active mandates

C&M FRERE CONSTRUCT

Director · since 20 octobre 2021 · until 04 juin 2027 · 0770.626.594

Represented by Hervé Frere

Active

DelGest

Director · since 20 octobre 2021 · until 04 juin 2027 · 0771.766.048

Represented by Pascal DELHEZ

Active

TALAND

Director · since 20 octobre 2021 · until 04 juin 2027 · 0772.732.088

Represented by Bertrand TALLIEU

Active

FINOFAB

Director · since 17 juin 2016 · until 04 juin 2027 · 0832.476.665

Represented by Olivier FABRY

Active

PIerre JOLY

Managing director · since 17 juin 2016 · until 04 juin 2027

Active

Ended mandates

Catherine JOLY

Director · since 17 juin 2016 · until 29 juin 2018

Ended

FINOFAB

Director · since 17 juin 2016 · until 03 juin 2022 · 0832.476.665

Represented by Olivier FABRY

Ended

PIerre JOLY

Managing director · since 17 juin 2016 · until 03 juin 2022

Ended

Catherine JOLY

Director · since 01 janvier 2016 · until 03 juin 2012

Ended

At this address

Other companies at this address

Company	CBE no.
AB Tech● Active	0447.207.216
AQUAFLUX● Active	0899.664.112
CHATEAU DE DURETTE● Active	0895.295.152
GAMA - ASPHALT● Active	0449.317.064
Gravaubel● Active	0402.404.104
JOLY● Active	0773.919.745
SSM ABTECH-ELOY● Active	1020.215.415
SSM ABTECH-GRAVAUBEL● Active	1041.461.680
SSM ABTECH-SOCOGETRA● Active	0746.479.633
TERRANOVA● Active	0872.242.806
TRANSPORT GROUPE JOLY● Active	1023.528.657
WERISOL● Active	0764.999.606

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	m120-f-p
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	02/07/2026	18/06/2025	17/06/2024	28/06/2023	29/08/2022	27/09/2021
General meeting	29/06/2026	11/06/2025	11/06/2024	26/06/2023	29/06/2022	25/09/2021
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

43 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	02/07/2026	French	PDF
Full model	31/12/2024	11/06/2025	18/06/2025	French	PDF
Full model	31/12/2023	11/06/2024	17/06/2024	French	PDF
Full model	31/12/2022	26/06/2023	28/06/2023	French	PDF
Full model	31/12/2021	29/06/2022	29/08/2022	French	PDF
m120-f-p	31/12/2021	23/12/2022	25/12/2022	French	PDF
Full model	31/12/2020	06/07/2021	06/08/2021	French	PDF
m120-f-p	31/12/2020	25/09/2021	27/09/2021	French	PDF
Full model	31/12/2019	03/07/2020	06/07/2020	French	PDF
m120-f-p	31/12/2019	30/10/2020	04/11/2020	French	PDF
Full model	31/12/2018	28/06/2019	03/07/2019	French	PDF
m120-f-p	31/12/2018	06/11/2019	20/11/2019	French	PDF
Full model	31/12/2017	29/06/2018	31/08/2018	French	PDF
m120-f-pCorrection	31/12/2017	29/06/2019	30/10/2019	French	PDF
m120-f-p	31/12/2017	29/06/2018	31/08/2018	French	PDF
Full modelCorrection	31/12/2016	24/06/2017	19/06/2019	French	PDF
Full model	31/12/2016	24/06/2017	31/08/2017	French	PDF
Full modelCorrection	31/12/2015	17/06/2016	25/01/2017	French	PDF
Full model	31/12/2015	17/06/2016	31/08/2016	French	PDF
m120-f-pCorrection	31/12/2015	10/02/2017	24/06/2019	French	PDF
m120-f-p	31/12/2015	18/11/2016	31/12/2016	French	PDF
Full model	31/12/2014	29/06/2015	24/08/2015	French	PDF
m120-f-pCorrection	31/12/2014	15/01/2019	24/06/2019	French	PDF
m120-f-p	31/12/2014	15/01/2016	31/12/2016	French	PDF

View all 43 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 23 ended

Active mandates

C&M FRERE CONSTRUCT

Director · since 20 octobre 2021 · until 04 juin 2027 · 0770.626.594

Represented by Hervé Frere

Active

DelGest

Director · since 20 octobre 2021 · until 04 juin 2027 · 0771.766.048

Represented by Pascal DELHEZ

Active

TALAND

Director · since 20 octobre 2021 · until 04 juin 2027 · 0772.732.088

Represented by Bertrand TALLIEU

Active

FINOFAB

Director · since 17 juin 2016 · until 04 juin 2027 · 0832.476.665

Represented by Olivier FABRY

Active

PIerre JOLY

Managing director · since 17 juin 2016 · until 04 juin 2027

Active

Ended mandates

Catherine JOLY

Director · since 17 juin 2016 · until 29 juin 2018

Ended

FINOFAB

Director · since 17 juin 2016 · until 03 juin 2022 · 0832.476.665

Represented by Olivier FABRY

Ended

PIerre JOLY

Managing director · since 17 juin 2016 · until 03 juin 2022

Ended

Catherine JOLY

Director · since 01 janvier 2016 · until 03 juin 2012

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates22/10/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates06/10/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates05/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates19/12/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/10/2017
CAPITAL, ACTIONS
PDF
Registered office30/03/2017
SIEGE SOCIAL
PDF
Mandates05/09/2016
DENOMINATION - DEMISSIONS, NOMINATIONS
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 2025958 k €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 20231,1 M €↓
2022
Annual accounts 20222,3 M €↓
2021
Annual accounts 20212,6 M €↑
2020
Annual accounts 2020992,8 k €↑
2019
Annual accounts 2019101,3 k €↓
2018
Annual accounts 20182,4 M €↑
2017
Annual accounts 2017342,8 k €↑
2016
Annual accounts 2016328,3 k €↑
2015
Annual accounts 2015121,7 k €↓
2015
Name changeJOLY SA
2014
Annual accounts 2014285,6 k €↓
2013
Annual accounts 20131,2 M €↑
2012
Annual accounts 20121,2 M €↑
2011
Annual accounts 201159,6 k €↓
2009
Annual accounts 200962 k €↓
2008
Annual accounts 2008293,3 k €↓
2007
Annual accounts 20071,3 M €
2007
Name changeFINANCIERE DES TRAVAUX ROUTIERS
15/12/1998
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

JOLY SA

Overview

What does JOLY SA do?

Trend over 18 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