NORMAL SITUATION

JOEFM

Financial year 2022 · closed on 31/12/2022
Net result
6,9 M €
+13.1% YoY
Revenue
17,6 M €
+12.9% YoY
Equity
46,7 M €
+17.5% YoY
Workforce
18,2 ETP
+0.6% YoY

Company — Normal situation.

What does JOEFM do?

JOEFM is a company registered in Belgium. It employs on average 18,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0469.992.615
Legal form
Public limited company
Contributed capital
5 250 000,00 €
Latest accounts
31/12/2022
Average workforce
18,2 ETP
Joint committees (2)
  • 100
  • 227
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20222021201720162015201420132012201120102009200820072006
Income statement
Revenue17,6 M €15,6 M €9 M €8,8 M €8,6 M €8,7 M €8,7 M €10,3 M €9,2 M €9,5 M €8,4 M €8,6 M €7,1 M €5,8 M €
EBITDA9,2 M €7,8 M €2,4 M €2,6 M €2,9 M €4 M €3,6 M €2,8 M €2,2 M €1,5 M €-233,1 k €-367 k €-1,4 M €-1,4 M €
Operating result9,1 M €8 M €2,4 M €2,6 M €2,9 M €4 M €3,4 M €2,4 M €1,9 M €1,1 M €-571,2 k €-705,8 k €-1,8 M €-1,8 M €
Net result6,9 M €6,1 M €2,5 M €2,8 M €3,1 M €4,1 M €3,5 M €2,4 M €1,9 M €1 M €-644,2 k €-1,1 M €-3,3 M €-1,9 M €
Balance sheet
Equity46,7 M €39,8 M €24,8 M €22,3 M €19,6 M €16,5 M €12,4 M €8,8 M €6,4 M €4,6 M €3,5 M €4,2 M €-6,8 M €-3,4 M €
Total assets49,2 M €42,9 M €26,7 M €23,6 M €20,8 M €17,5 M €13,8 M €10,8 M €8,4 M €7,1 M €6 M €7,2 M €3,6 M €2,6 M €
Cash65,1 k €48,7 k €30,3 k €13,2 k €15,2 k €28,7 k €16,3 k €610,9 €498,9 k €12,8 k €222,1 k €239 k €
Debts2,4 M €2,8 M €1,9 M €1,2 M €1,2 M €938,2 k €1,4 M €1,9 M €1,9 M €2,5 M €2,4 M €3,1 M €10,3 M €5,9 M €
Other
Workforce18,2 ETP18,1 ETP18,4 ETP17,3 ETP16,1 ETP9,7 ETP10,0 ETP10,8 ETP11,3 ETP10,2 ETP10,2 ETP12,3 ETP15,8 ETP16,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 22 ended

Active mandates

Dirk Lodewyckx

Director · since 11 décembre 2020 · until 02 mai 2025

Active
Kris Vervaet

Director · since 12 septembre 2019 · until 02 mai 2025

Active
Ben Appel

Director · since 04 mai 2019 · until 02 mai 2025

Active

Ended mandates

Nathasja Van Bael

Director · since 01 octobre 2015 · until 03 mai 2019

Ended
Ben Appel

Director · since 04 mai 2013 · until 03 mai 2019

Ended
Ben Leo

Director · since 04 mai 2013 · until 03 mai 2019

Ended
Peter Bossaert

Chairman of the board of directors · since 04 mai 2013 · until 03 mai 2019

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/05/202311/05/202225/05/202118/06/202018/06/201918/05/2018
General meeting05/05/202306/05/202207/05/202104/05/202003/05/201904/05/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202205/05/202326/05/2023DutchPDF
Full model31/12/202106/05/202211/05/2022DutchPDF
Full model31/12/202007/05/202125/05/2021DutchPDF
Full model31/12/201904/05/202018/06/2020DutchPDF
Full model31/12/201803/05/201918/06/2019DutchPDF
Full model31/12/201704/05/201818/05/2018DutchPDF
Full model31/12/201605/05/201718/05/2017DutchPDF
Full model31/12/201506/05/201607/06/2016DutchPDF
Full model31/12/201404/05/201526/05/2015DutchPDF
Full model31/12/201302/05/201412/05/2014DutchPDF
Full model31/12/201203/05/201311/06/2013DutchPDF
Full model31/12/201104/05/201205/06/2012DutchPDF
Full model31/12/201006/05/201112/05/2011DutchPDF
Full model31/12/200907/05/201011/05/2010DutchPDF
Full model31/12/200804/05/200913/05/2009DutchPDF
Full model31/12/200705/05/200807/05/2008DutchPDF
Full model31/12/200623/05/200723/05/2007DutchPDF
Full model31/12/200505/05/200616/05/2006DutchPDF
Full model31/12/200415/09/200529/09/2005DutchPDF
Full modelCorrection31/12/200307/05/200414/07/2004DutchPDF
Full model31/12/200307/05/200402/06/2004DutchPDF
Full model31/12/200216/05/200324/06/2003DutchPDF
Full model31/12/200130/05/200228/06/2002DutchPDF
Estimate

Indicative valuation

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 31/12/2022 · 3 active · 22 ended

Active mandates

Dirk Lodewyckx

Director · since 11 décembre 2020 · until 02 mai 2025

Active
Kris Vervaet

Director · since 12 septembre 2019 · until 02 mai 2025

Active
Ben Appel

Director · since 04 mai 2019 · until 02 mai 2025

Active

Ended mandates

Nathasja Van Bael

Director · since 01 octobre 2015 · until 03 mai 2019

Ended
Ben Appel

Director · since 04 mai 2013 · until 03 mai 2019

Ended
Ben Leo

Director · since 04 mai 2013 · until 03 mai 2019

Ended
Peter Bossaert

Chairman of the board of directors · since 04 mai 2013 · until 03 mai 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution09/02/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring17/11/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates25/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2016
    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

Timeline

  1. 2022
    Annual accounts 20226,9 M €
  2. 2021
    Annual accounts 20216,1 M €
  3. 2017
    Annual accounts 20172,5 M €
  4. 2016
    Annual accounts 20162,8 M €
  5. 2015
    Annual accounts 20153,1 M €
  6. 2014
    Annual accounts 20144,1 M €
  7. 2013
    Annual accounts 20133,5 M €
  8. 2012
    Annual accounts 20122,4 M €
  9. 2011
    Annual accounts 20111,9 M €
  10. 2010
    Annual accounts 20101 M €
  11. 2009
    Annual accounts 2009-644,2 k €
  12. 2008
    Annual accounts 2008-1,1 M €
  13. 2007
    Annual accounts 2007-3,3 M €
  14. 2006
    Annual accounts 2006-1,9 M €