ACTIVE

JoV CONVERT

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Financial year 2025 · closed on 31/12/2025

Net result

2,1 M €

+72.1% YoY

Gross margin

2,6 M €

+85.5% YoY

Equity

984,3 k €

+9.9% YoY

Workforce

3,8 ETP

+52.0% YoY

What does JoV CONVERT do?

JoV CONVERT is a Private limited company incorporated in 2001. Its main activity is: Manufacture of carpets and rugs. Its registered office is in Sint-Martens-Latem. It employs on average 3,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.731.064

Incorporation

04/05/2001

Legal form

Private limited company

Registered office

Kortrijksesteenweg 189-191
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

3,8 ETP

Activities (NACE)

13930Manufacture of carpets and rugs· main 13930Manufacture of carpets and rugs 46472Wholesale of furniture, carpets and lighting equipment 46473Wholesale of furniture, carpets and lighting equipment 51471Air transport 46472Wholesale of furniture, carpets and lighting equipment+1

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2,6 M €	+85.5%	1,4 M €	+0.6%	1,4 M €	+2.1%	1,4 M €	+5.4%	1,3 M €	+68.7%	767,4 k €	-0.1%	768,2 k €	+7.1%	717,2 k €	+23.2%	582,1 k €	+72.2%	338 k €	+35.0%	250,4 k €	+4.1%	240,5 k €	+4.4%	230,3 k €	+57.9%	145,8 k €	+46.4%	99,6 k €	-38.9%	163,1 k €	-40.0%	271,8 k €	+14.2%	238,1 k €	-2.0%	243,1 k €
EBITDA	2,2 M €	+74.1%	1,3 M €	+2.8%	1,2 M €	-3.6%	1,3 M €	+2.9%	1,3 M €	+72.6%	724,9 k €	+0.1%	724,2 k €	+8.4%	667,8 k €	+22.7%	544,3 k €	+75.6%	309,9 k €	+41.7%	218,7 k €	-11.3%	246,6 k €	+13.8%	216,7 k €	+73.4%	124,9 k €	+33.9%	93,3 k €	-38.6%	152 k €	-42.7%	265,2 k €	+14.3%	232 k €	-2.4%	237,8 k €
Operating result	2,1 M €	+71.8%	1,2 M €	+3.0%	1,2 M €	-4.1%	1,3 M €	+6.2%	1,2 M €	+79.7%	660,4 k €	+1.0%	653,8 k €	+9.5%	597,2 k €	+19.3%	500,4 k €	+79.6%	278,6 k €	+48.1%	188 k €	-11.2%	211,7 k €	+15.4%	183,4 k €	+48.3%	123,7 k €	+146%	50,2 k €	-52.1%	104,7 k €	-46.7%	196,4 k €	+9.1%	180 k €	-1.4%	182,5 k €
Net result	2,1 M €	+72.1%	1,2 M €	+7.4%	1,1 M €	-4.5%	1,2 M €	+6.9%	1,1 M €	+91.8%	572,5 k €	+4.4%	548,2 k €	+5.9%	517,7 k €	+21.3%	426,9 k €	+77.0%	241,2 k €	+44.0%	167,5 k €	-6.3%	178,8 k €	-0.5%	179,7 k €	+140%	74,8 k €	+36.8%	54,7 k €	-32.5%	81,1 k €	-38.3%	131,3 k €	+12.2%	117 k €	+1.7%	115,1 k €
Balance sheet
Equity	984,3 k €	+9.9%	895,5 k €	+3.0%	869,5 k €	+5.8%	821,5 k €	+9.8%	748,5 k €	-33.9%	1,1 M €	+12.1%	1 M €	+17.2%	862,1 k €	+19.8%	719,4 k €	+16.5%	617,5 k €	+7.1%	576,3 k €	+13.3%	508,9 k €	-16.4%	608,7 k €	+10.9%	548,9 k €	+15.8%	474,1 k €	-29.2%	669,5 k €	+13.8%	588,4 k €	+28.7%	457,1 k €	+34.4%	340 k €
Total assets	4,1 M €	+33.5%	3,1 M €	+1.9%	3 M €	-13.6%	3,5 M €	+3.8%	3,4 M €	+34.2%	2,5 M €	-0.9%	2,5 M €	-6.9%	2,7 M €	+7.9%	2,5 M €	+14.1%	2,2 M €	+1.6%	2,2 M €	+9.5%	2 M €	+11.5%	1,8 M €	+21.0%	1,5 M €	-0.6%	1,5 M €	+11.3%	1,3 M €	+2.7%	1,3 M €	+14.0%	1,1 M €	+13.0%	1 M €
Cash	549,6 k €	-2.8%	565,3 k €	+37.5%	411,1 k €	-31.8%	602,8 k €	+82.3%	330,6 k €	+71.8%	192,4 k €	-26.2%	260,9 k €	+58.8%	164,3 k €	-1.9%	167,4 k €	+39.5%	120 k €	-26.7%	163,7 k €	+133%	70,3 k €	+84.8%	38,1 k €	-62.7%	102 k €	+93.7%	52,7 k €	+51.2%	34,8 k €	-63.2%	94,8 k €	+524%	15,2 k €	-70.1%	50,7 k €
Debts	3,1 M €	+43.0%	2,2 M €	+1.5%	2,1 M €	-19.6%	2,7 M €	+2.2%	2,6 M €	+91.1%	1,4 M €	-9.5%	1,5 M €	-18.2%	1,8 M €	+2.9%	1,8 M €	+13.3%	1,6 M €	-0.4%	1,6 M €	+8.2%	1,5 M €	+27.1%	1,2 M €	+26.3%	914,5 k €	-8.4%	998,5 k €	+55.8%	641 k €	-8.9%	703,5 k €	+5.9%	664,5 k €	+1.3%	655,9 k €
Other
Workforce	3,8 ETP	+52.0%	2,5 ETP	-7.4%	2,7 ETP	+35.0%	2,0 ETP	+122%	0,9 ETP	-10.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	+10.0%	1,0 ETP	+25.0%	0,8 ETP	+33.3%	0,6 ETP		–		0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP	0.0%	0,1 ETP	-50.0%	0,2 ETP	-33.3%	0,3 ETP	0.0%	0,3 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 · 3 active · 16 ended

Active mandates

CREATIVITY

Director · since 06 septembre 2013 · 0473.301.008

Represented by José Vandenbussche

Active

Mireille Merlyn

Director · since 06 septembre 2013

Active

JoV DESIGN

Director · since 01 avril 2011 · 0835.344.796

Represented by Giles Vandenbussche

Active

Ended mandates

JoV DESIGN

Managing director · since 26 septembre 2022 · 0835.344.796

Represented by Giles Vandenbussche

Ended

CREATIVITY

Manager · since 06 septembre 2013 · 0473.301.008

Represented by José Vandenbussche

Ended

CREATIVITY

Manager · since 06 septembre 2013 · 0473.301.008

Represented by JOSE VANDENBUSSCHE

Ended

CREATIVITY

Director · since 06 septembre 2013 · 0473.301.008

Represented by José Vandenbussche

Ended

At this address

Other companies at this address

Company	CBE no.
JoV DESIGN● Active	0835.344.796
PM10● Active	1011.339.420

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	18 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	30/01/2025	29/01/2024	31/01/2023	27/01/2022	29/01/2021
General meeting	17/06/2026	07/01/2025	25/01/2024	24/01/2023	15/01/2022	09/01/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	30/07/2026	Dutch	PDF
Abridged model	30/06/2024	07/01/2025	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	25/01/2024	29/01/2024	Dutch	PDF
Abridged model	30/06/2022	24/01/2023	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	15/01/2022	27/01/2022	Dutch	PDF
Abridged model	30/06/2020	09/01/2021	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	31/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	08/01/2019	30/01/2019	Dutch	PDF
Abridged model	30/06/2017	06/01/2018	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	06/01/2017	27/01/2017	Dutch	PDF
Abridged model	30/06/2015	28/12/2015	08/01/2016	Dutch	PDF
Abridged model	30/06/2014	29/12/2014	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	24/12/2013	Dutch	PDF
Abridged model	30/06/2012	30/01/2013	14/02/2013	Dutch	PDF
Abridged model	30/06/2011	03/01/2012	12/01/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	31/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	18/01/2010	Dutch	PDF
Abridged model	30/06/2008	30/12/2008	29/01/2009	Dutch	PDF
Abridged model	30/06/2007	29/12/2007	31/01/2008	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 · 3 active · 16 ended

Active mandates

CREATIVITY

Director · since 06 septembre 2013 · 0473.301.008

Represented by José Vandenbussche

Active

Mireille Merlyn

Director · since 06 septembre 2013

Active

JoV DESIGN

Director · since 01 avril 2011 · 0835.344.796

Represented by Giles Vandenbussche

Active

Ended mandates

JoV DESIGN

Managing director · since 26 septembre 2022 · 0835.344.796

Represented by Giles Vandenbussche

Ended

CREATIVITY

Manager · since 06 septembre 2013 · 0473.301.008

Represented by José Vandenbussche

Ended

CREATIVITY

Manager · since 06 septembre 2013 · 0473.301.008

Represented by JOSE VANDENBUSSCHE

Ended

CREATIVITY

Director · since 06 septembre 2013 · 0473.301.008

Represented by José Vandenbussche

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other13/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office12/02/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other06/08/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares01/07/2014
KAPITAAL - AANDELEN
PDF
Mandates19/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/04/2004
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 20252,1 M €↑
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 20231,1 M €↓
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020572,5 k €↑
2019
Annual accounts 2019548,2 k €↑
2018
Annual accounts 2018517,7 k €↑
2017
Annual accounts 2017426,9 k €↑
2016
Annual accounts 2016241,2 k €↑
2015
Annual accounts 2015167,5 k €↓
2014
Annual accounts 2014178,8 k €↓
2013
Annual accounts 2013179,7 k €↑
2012
Annual accounts 201274,8 k €↑
2011
Annual accounts 201154,7 k €↓
2010
Annual accounts 201081,1 k €↓
2009
Annual accounts 2009131,3 k €↑
2008
Annual accounts 2008117 k €↑
2007
Annual accounts 2007115,1 k €
04/05/2001
IncorporationPrivate 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

JoV CONVERT

Overview

What does JoV CONVERT do?

Trend over 19 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