ACTIVE

JULMACO

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Financial year 2025 · closed on 31/12/2025

Net result

103,9 k €

+390.8% YoY

Gross margin

190,5 k €

+413.9% YoY

Equity

5,7 M €

+1.9% YoY

Workforce

0,0 ETP

What does JULMACO do?

JULMACO is a Public limited company incorporated in 1999. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Schilde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.829.416

Incorporation

02/12/1999

Legal form

Public limited company

Registered office

Wijnegemsteenweg 22 box 2
2970 Schilde · FlandreSee on map

Contributed capital

63 212,85 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

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	190,5 k €	+414%	37,1 k €	+21.5%	30,5 k €	+775%	3,5 k €	+176%	-4,6 k €	-105%	86,9 k €	+434%	16,3 k €	-83.3%	97,4 k €	+517%	-23,3 k €	-104%	646,4 k €	+946%	61,8 k €	-29.3%	87,4 k €	-58.4%	210,1 k €	+1748%	11,4 k €	-93.8%	182,8 k €	+5.5%	173,3 k €	-10.7%	194 k €	+101%	96,5 k €	-78.0%	439,4 k €	+114%	205,5 k €
EBITDA	186,5 k €	+1094%	15,6 k €	-38.5%	25,4 k €	+1154%	-2,4 k €	+79.9%	-12 k €	-114%	85,3 k €	+517%	13,8 k €	-85.3%	94,2 k €	+481%	-24,7 k €	-104%	639 k €	+1104%	53,1 k €	-28.9%	74,6 k €	-62.7%	199,8 k €	+3391%	5,7 k €	-96.8%	176,2 k €	+18.7%	148,5 k €	-17.2%	179,3 k €	+108%	86,3 k €	-79.8%	427,8 k €	+118%	196,2 k €
Operating result	86,5 k €	+205%	-82,2 k €	-57.5%	-52,2 k €	+21.9%	-66,8 k €	+10.2%	-74,4 k €	-1375%	5,8 k €	+105%	-123 k €	-242%	-36 k €	+64.4%	-101,2 k €	-119%	537,4 k €	+959%	-62,6 k €	+28.5%	-87,5 k €	-326%	38,6 k €	+114%	-281,7 k €	-432%	84,8 k €	+630%	-16 k €	+60.9%	-40,9 k €	+56.5%	-93,9 k €	-128%	339,7 k €	+611%	-66,5 k €
Net result	103,9 k €	+391%	-35,7 k €	-104%	932,3 k €	+2979%	-32,4 k €	+13.9%	-37,6 k €	-238%	27,3 k €	-25.0%	36,4 k €	-48.7%	70,9 k €	+277%	-40 k €	-108%	484,9 k €	+133%	207,8 k €	+5226%	-4,1 k €	-114%	28,1 k €	-99.0%	2,7 M €	+255%	766,3 k €	+694%	-129 k €	-219%	108,6 k €	-90.2%	1,1 M €	+14.9%	967,3 k €	+595%	-195,3 k €
Balance sheet
Equity	5,7 M €	+1.9%	5,6 M €	-0.6%	5,6 M €	+19.9%	4,7 M €	-0.7%	4,7 M €	-0.8%	4,8 M €	+0.6%	4,7 M €	-16.9%	5,7 M €	+1.3%	5,6 M €	-0.7%	5,7 M €	+9.4%	5,2 M €	+4.2%	5 M €	-0.1%	5 M €	+0.6%	4,9 M €	+122%	2,2 M €	+52.4%	1,5 M €	-8.1%	1,6 M €	+7.3%	1,5 M €	+52.7%	970,3 k €	+32013%	3 k €
Total assets	6 M €	+0.2%	6 M €	-1.9%	6,1 M €	+18.9%	5,2 M €	-1.7%	5,3 M €	-3.8%	5,5 M €	-14.5%	6,4 M €	-5.6%	6,8 M €	+11.1%	6,1 M €	-0.7%	6,1 M €	+9.0%	5,6 M €	-1.7%	5,7 M €	-2.6%	5,9 M €	-13.5%	6,8 M €	-8.6%	7,4 M €	-15.1%	8,8 M €	+13.5%	7,7 M €	+8.4%	7,1 M €	-11.7%	8,1 M €	+5.4%	7,7 M €
Cash	21,6 k €	+187%	7,6 k €	-56.8%	17,5 k €	-88.6%	153,2 k €	+86.5%	82,2 k €	-9.8%	91,1 k €	+230%	27,6 k €	-96.6%	821,2 k €		–		36,7 k €	+379%	7,7 k €	-82.5%	43,9 k €	+120%	20 k €	-85.3%	136,2 k €	+106817%	127,4 €	-92.7%	1,8 k €	+11076%	15,7 €	-100.0%	31,7 k €	-38.3%	51,5 k €	+36.9%	37,6 k €
Debts	307,4 k €	-19.1%	379,9 k €	-14.0%	441,8 k €	+16.0%	380,7 k €	-9.0%	418,6 k €	-26.7%	570,9 k €	-62.1%	1,5 M €	+97.2%	763,7 k €	+423%	146,1 k €	+3.7%	140,8 k €	-50.3%	283,6 k €	-50.8%	576,4 k €	-19.9%	719,7 k €	-56.6%	1,7 M €	-66.8%	5 M €	-29.9%	7,1 M €	+18.4%	6 M €	+9.4%	5,5 M €	-20.2%	6,9 M €	-10.0%	7,7 M €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 18 ended

Active mandates

Martine Sels

Managing director · since 18 mai 2022 · until 17 mai 2028

Active

Tom Hendrickx

Managing director · since 18 mai 2022 · until 17 mai 2028

Active

Ended mandates

Martine SELS

Director · since 18 mai 2022 · until 17 mai 2028

Ended

Tom HENDRICKX

Director · since 18 mai 2022 · until 17 mai 2028

Ended

Denise Dierckx

Director · since 20 octobre 2016 · until 20 octobre 2022

Ended

Martine Sels

Managing director · since 20 octobre 2016 · until 20 octobre 2022

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	25/08/2026	17/06/2025	30/08/2024	01/09/2023	29/08/2022	06/08/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	19/05/2021
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
Abridged model	31/12/2025	20/05/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	21/05/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	15/05/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	17/05/2023	01/09/2023	Dutch	PDF
Micro model	31/12/2021	18/05/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	19/05/2021	06/08/2021	Dutch	PDF
Micro model	31/12/2019	20/05/2020	30/10/2020	Dutch	PDF
Micro model	31/12/2018	15/05/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	16/05/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	17/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/05/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/05/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	18/05/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	01/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/05/2007	30/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 18 ended

Active mandates

Martine Sels

Managing director · since 18 mai 2022 · until 17 mai 2028

Active

Tom Hendrickx

Managing director · since 18 mai 2022 · until 17 mai 2028

Active

Ended mandates

Martine SELS

Director · since 18 mai 2022 · until 17 mai 2028

Ended

Tom HENDRICKX

Director · since 18 mai 2022 · until 17 mai 2028

Ended

Denise Dierckx

Director · since 20 octobre 2016 · until 20 octobre 2022

Ended

Martine Sels

Managing director · since 20 octobre 2016 · until 20 octobre 2022

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/03/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/12/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/03/2006
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/12/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2005
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 2025103,9 k €↑
2024
Annual accounts 2024-35,7 k €↓
2023
Annual accounts 2023932,3 k €↑
2022
Annual accounts 2022-32,4 k €↑
2021
Annual accounts 2021-37,6 k €↓
2020
Annual accounts 202027,3 k €↓
2019
Annual accounts 201936,4 k €↓
2018
Annual accounts 201870,9 k €↑
2017
Annual accounts 2017-40 k €↓
2016
Annual accounts 2016484,9 k €↑
2015
Annual accounts 2015207,8 k €↑
2014
Annual accounts 2014-4,1 k €↓
2013
Annual accounts 201328,1 k €↓
2012
Annual accounts 20122,7 M €↑
2011
Annual accounts 2011766,3 k €↑
2010
Annual accounts 2010-129 k €↓
2009
Annual accounts 2009108,6 k €↓
2008
Annual accounts 20081,1 M €↑
2007
Annual accounts 2007967,3 k €↑
2006
Annual accounts 2006-195,3 k €
02/12/1999
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

JULMACO

Overview

What does JULMACO 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