ACTIVE

JAVAS

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Financial year 2025 · closed on 31/12/2025

Net result

-167,8 k €

+7.1% YoY

Gross margin

296 k €

-10.6% YoY

Equity

114,2 k €

-9.4% YoY

Workforce

4,0 ETP

-16.7% YoY

What does JAVAS do?

JAVAS is a Public limited company incorporated in 2001. Its main activity is: Gambling and betting activities. Its registered office is in Aalst. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.967.518

Incorporation

30/10/2001

Legal form

Public limited company

Registered office

Korte Keppestraat 23
9320 Aalst · FlandreSee on map

Contributed capital

696 641,40 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Activities (NACE)

92000Gambling and betting activities· main 92000Gambling and betting activities 92710Gambling and betting activities

Joint committees (1)

Signals

Solid equityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	296 k €	-10.6%	331,3 k €	-30.7%	478,2 k €	+47.0%	325,2 k €	+95.6%	166,2 k €		–		–		–		–		–		354,3 k €	+35.6%	261,2 k €	+32.7%	196,8 k €	+12.5%	175 k €	-38.9%	286,6 k €	-5.1%	301,8 k €	+11.5%	270,7 k €	-4.7%	284,1 k €	-7.5%	307,1 k €
EBITDA	-151,5 k €	-3.9%	-145,8 k €	-1385%	-9,8 k €	+84.3%	-62,5 k €	+4.5%	-65,5 k €	+18.2%	-80,1 k €	-296%	40,8 k €	-77.7%	182,9 k €	-25.2%	244,6 k €	-2.4%	250,6 k €	+159%	96,7 k €	+90.2%	50,9 k €	+17.6%	43,3 k €	+55.6%	27,8 k €	-79.5%	135,8 k €	-30.5%	195,6 k €	+4.6%	186,9 k €	+3.8%	180,1 k €	-20.8%	227,4 k €
Operating result	-167 k €	+8.5%	-182,4 k €	-430%	-34,4 k €	+60.5%	-87,1 k €	-12.3%	-77,6 k €	+13.6%	-89,7 k €	-389%	31,1 k €	-78.2%	142,9 k €	-29.2%	201,9 k €	-5.0%	212,6 k €	+267%	57,9 k €	+421%	11,1 k €	+426%	2,1 k €	+103%	-76,2 k €	-323%	34,2 k €	-58.3%	82,1 k €	-20.6%	103,4 k €	+3.7%	99,7 k €	-32.6%	147,9 k €
Net result	-167,8 k €	+7.1%	-180,6 k €	-411%	-35,4 k €	+59.9%	-88,1 k €	-9.3%	-80,7 k €	+10.9%	-90,5 k €	-862%	11,9 k €	-86.9%	90,9 k €	-30.2%	130,2 k €	-5.8%	138,2 k €	+152%	54,7 k €	+1614%	-3,6 k €	+54.4%	-7,9 k €	+88.7%	-70,3 k €	-347%	28,5 k €	-53.7%	61,5 k €	-25.4%	82,5 k €	-9.1%	90,7 k €	-36.7%	143,4 k €
Balance sheet
Equity	114,2 k €	-9.4%	126 k €	+37.5%	91,6 k €	+239%	27 k €	+177%	-34,9 k €	-176%	45,8 k €	-66.4%	136,3 k €	-68.1%	427,5 k €	+27.0%	336,6 k €	+63.1%	206,4 k €	+56.3%	132 k €	+70.8%	77,3 k €	-4.5%	80,9 k €	-57.2%	188,8 k €	-27.1%	259,2 k €	-29.5%	367,4 k €	+20.1%	305,9 k €	+36.9%	223,4 k €	+68.4%	132,7 k €
Total assets	228,2 k €	-16.3%	272,7 k €	-16.7%	327,5 k €	+87.3%	174,9 k €	-13.2%	201,6 k €	+36.1%	148,1 k €	-41.8%	254,5 k €	-62.5%	678,3 k €	+33.8%	506,8 k €	+13.1%	448 k €	+41.1%	317,6 k €	-7.0%	341,7 k €	-39.6%	565,7 k €	-8.8%	620 k €	-10.5%	692,4 k €	-8.1%	753,6 k €	+48.9%	506,1 k €	-8.1%	550,8 k €	-0.7%	554,6 k €
Cash	34,9 k €	-6.5%	37,3 k €	-34.9%	57,3 k €	+82.0%	31,5 k €	-13.9%	36,6 k €	+143%	15,1 k €	-78.3%	69,4 k €	-6.7%	74,4 k €	-16.6%	89,2 k €	-2.7%	91,7 k €	+11.1%	82,5 k €	-0.7%	83,1 k €	-72.7%	304,5 k €	+157%	118,3 k €	-3.3%	122,3 k €	+40.9%	86,8 k €	+17.5%	73,9 k €	+13.8%	64,9 k €	-32.9%	96,7 k €
Debts	114 k €	-14.0%	132,6 k €	-43.8%	235,9 k €	+65.5%	142,5 k €	-38.8%	233 k €	+137%	98,3 k €	-15.8%	116,7 k €	-53.0%	248,2 k €	+50.2%	165,3 k €	-12.9%	189,8 k €	+59.0%	119,4 k €	-22.4%	153,9 k €	-55.4%	344,7 k €	-16.8%	414,4 k €	-3.1%	427,9 k €	+11.5%	383,7 k €	+91.7%	200,1 k €	-38.6%	326,1 k €	-22.7%	421,9 k €
Other
Workforce	4,0 ETP	-16.7%	4,8 ETP	-2.0%	4,9 ETP	+11.4%	4,4 ETP	+29.4%	3,4 ETP	-8.1%	3,7 ETP	-2.6%	3,8 ETP	+5.6%	3,6 ETP	-7.7%	3,9 ETP	+30.0%	3,0 ETP	-25.0%	4,0 ETP	+21.2%	3,3 ETP	+10.0%	3,0 ETP	+30.4%	2,3 ETP	0.0%	2,3 ETP	+360%	0,5 ETP	+25.0%	0,4 ETP	-60.0%	1,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 26 ended

Active mandates

PIVANTO

Director · since 02 septembre 2024 · until 17 juin 2030 · 1011.432.262

Represented by Philippe Joos

Active

Eamonn O'Loughlin

Director · since 10 novembre 2022 · until 01 septembre 2025

Active

ODDS & OVERLAY

Director · since 06 juin 2022 · until 19 juin 2028 · 0633.613.304

Represented by Tom De Clercq

Active

Ended mandates

Eamonn O'Loughlin

Director · since 10 novembre 2022 · until 19 juin 2028

Ended

Koen Sanders

Director · since 19 décembre 2019 · until 10 novembre 2022

Ended

Koen Sanders

Director · since 19 décembre 2019 · until 19 mai 2025

Ended

ODDS & OVERLAY

Director · since 20 décembre 2016 · until 16 mai 2022 · 0633.613.304

Represented by Tom De Clercq

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	Abridged 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	17/06/2026	01/07/2025	21/06/2024	12/07/2023	29/06/2022	18/06/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/06/2023	06/06/2022	17/05/2021
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	15/06/2026	17/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	06/06/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	17/05/2021	18/06/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	20/05/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	22/05/2018	14/06/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Full model	30/11/2015	31/05/2016	23/08/2016	Dutch	PDF
Abridged model	30/11/2014	05/05/2015	02/06/2015	Dutch	PDF
Abridged model	30/11/2013	02/06/2014	30/06/2014	Dutch	PDF
Abridged model	30/11/2012	01/05/2013	30/05/2013	Dutch	PDF
Abridged model	30/11/2011	01/05/2012	31/05/2012	Dutch	PDF
Abridged model	30/11/2010	01/07/2011	22/07/2011	Dutch	PDF
Abridged model	30/11/2009	20/07/2010	23/07/2010	Dutch	PDF
Abridged model	30/11/2008	28/05/2009	30/07/2009	Dutch	PDF
Abridged model	30/11/2007	28/05/2008	27/06/2008	Dutch	PDF
Abridged model	30/11/2006	28/05/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 26 ended

Active mandates

PIVANTO

Director · since 02 septembre 2024 · until 17 juin 2030 · 1011.432.262

Represented by Philippe Joos

Active

Eamonn O'Loughlin

Director · since 10 novembre 2022 · until 01 septembre 2025

Active

ODDS & OVERLAY

Director · since 06 juin 2022 · until 19 juin 2028 · 0633.613.304

Represented by Tom De Clercq

Active

Ended mandates

Eamonn O'Loughlin

Director · since 10 novembre 2022 · until 19 juin 2028

Ended

Koen Sanders

Director · since 19 décembre 2019 · until 10 novembre 2022

Ended

Koen Sanders

Director · since 19 décembre 2019 · until 19 mai 2025

Ended

ODDS & OVERLAY

Director · since 20 décembre 2016 · until 16 mai 2022 · 0633.613.304

Represented by Tom De Clercq

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares04/12/2025
KAPITAAL - AANDELEN
PDF
Mandates12/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/01/2025
KAPITAAL - AANDELEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/03/2024
KAPITAAL - AANDELEN
PDF
Mandates14/12/2022
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 2025-167,8 k €↑
2024
Annual accounts 2024-180,6 k €↓
2023
Annual accounts 2023-35,4 k €↑
2022
Annual accounts 2022-88,1 k €↓
2021
Annual accounts 2021-80,7 k €↑
2020
Annual accounts 2020-90,5 k €↓
2019
Annual accounts 201911,9 k €↓
2017
Annual accounts 201790,9 k €↓
2016
Annual accounts 2016130,2 k €↓
2015
Annual accounts 2015138,2 k €↑
2014
Annual accounts 201454,7 k €↑
2013
Annual accounts 2013-3,6 k €↑
2012
Annual accounts 2012-7,9 k €↑
2011
Annual accounts 2011-70,3 k €↓
2010
Annual accounts 201028,5 k €↓
2009
Annual accounts 200961,5 k €↓
2008
Annual accounts 200882,5 k €↓
2007
Annual accounts 200790,7 k €↓
2006
Annual accounts 2006143,4 k €
30/10/2001
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

JAVAS

Overview

What does JAVAS 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