ACTIVE

J Square Studio

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Financial year 2024 · closed on 31/12/2024

Net result

616,4 k €

+97.8% YoY

Gross margin

1,5 M €

+45.7% YoY

Equity

1,3 M €

+94.8% YoY

Workforce

20,3 ETP

-18.8% YoY

What does J Square Studio do?

J Square Studio is a Private limited company incorporated in 2017. Its main activity is: Computer programming activities. Its registered office is in Gembloux. It employs on average 20,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0674.669.444

Incorporation

20/04/2017

Legal form

Private limited company

Registered office

Rue des Haipes,Sauv. 13
5030 Gembloux · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

20,3 ETP

Activities (NACE)

62010Computer programming activities· main 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities 77330Rental and leasing of office machinery and equipment (including computers)77330Rental and leasing of office machinery and equipment (including computers)+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	1,5 M €	+45.7%	1 M €	+13.6%	915,8 k €	+116%	423,1 k €	+1679%	23,8 k €	-96.5%	670,6 k €	+763%	77,7 k €
EBITDA	814,3 k €	+120%	370,1 k €	-14.8%	434,6 k €	+157%	169,2 k €	+181%	-208,1 k €	-153%	390 k €	+402%	77,7 k €
Operating result	791,2 k €	+123%	355,5 k €	-11.5%	401,5 k €	+190%	138,4 k €	+141%	-340 k €	-282%	187 k €	+1768%	-11,2 k €
Net result	616,4 k €	+97.8%	311,7 k €	+12.5%	277,1 k €	+40.3%	197,6 k €	+174%	-268,6 k €	-305%	130,9 k €	+817%	-18,3 k €
Balance sheet
Equity	1,3 M €	+94.8%	650,3 k €	+92.0%	338,6 k €	+450%	61,5 k €	+145%	-136 k €	-203%	132,6 k €	+7539%	1,7 k €
Total assets	1,6 M €	+43.1%	1,1 M €	+0.8%	1,1 M €	+92.6%	561,2 k €	-20.0%	701,8 k €	-29.4%	994,2 k €	+72.5%	576,5 k €
Cash	1,4 M €	+50.9%	901,1 k €	+13.5%	793,9 k €	+95.7%	405,7 k €	+25.0%	324,5 k €	-40.0%	540,7 k €	+105%	264,4 k €
Debts	146,9 k €	-49.1%	288,5 k €	-45.8%	532,2 k €	+27.9%	416 k €	-47.1%	786 k €	-8.8%	861,6 k €	+49.9%	574,7 k €
Other
Workforce	20,3 ETP	-18.8%	25,0 ETP	-2.3%	25,6 ETP	+91.0%	13,4 ETP	+3.1%	13,0 ETP	-15.6%	15,4 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 6 ended

Active mandates

Jonathan François Jean-P BOUILLET

Manager · since 19 avril 2017

Active

Julien BERGIERS

Manager · since 19 avril 2017

Active

Julien François Henri An HENRICOT

Manager · since 19 avril 2017

Active

Ended mandates

Jérémie Guy Christian Gr DENIS

Manager · since 19 avril 2017 · until 31 décembre 2021

Ended

Jérémie Guy Christian Gr DENIS

Manager · since 19 avril 2017

Ended

JEREMIE DENIS

Mandate

Ended

JONATHAN BOUILLET

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
IPWal● Active	0719.836.802

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2025	30/08/2024	24/11/2023	29/12/2022	20/12/2021	29/12/2020
General meeting	12/05/2025	13/05/2024	08/05/2023	09/05/2022	10/05/2021	11/05/2020
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

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	12/05/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	13/05/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	08/05/2023	24/11/2023	French	PDF
Abridged model	31/12/2021	09/05/2022	29/12/2022	French	PDF
Abridged model	31/12/2020	10/05/2021	20/12/2021	French	PDF
Abridged model	31/12/2019	11/05/2020	29/12/2020	French	PDF
Abridged model	31/12/2018	13/05/2019	05/07/2019	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 3 active · 6 ended

Active mandates

Jonathan François Jean-P BOUILLET

Manager · since 19 avril 2017

Active

Julien BERGIERS

Manager · since 19 avril 2017

Active

Julien François Henri An HENRICOT

Manager · since 19 avril 2017

Active

Ended mandates

Jérémie Guy Christian Gr DENIS

Manager · since 19 avril 2017 · until 31 décembre 2021

Ended

Jérémie Guy Christian Gr DENIS

Manager · since 19 avril 2017

Ended

JEREMIE DENIS

Mandate

Ended

JONATHAN BOUILLET

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office03/04/2026
SIEGE SOCIAL
PDF
Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office18/07/2019
SIEGE SOCIAL
PDF
Other24/04/2017
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 2024616,4 k €↑
2023
Annual accounts 2023311,7 k €↑
2022
Annual accounts 2022277,1 k €↑
2021
Annual accounts 2021197,6 k €↑
2020
Annual accounts 2020-268,6 k €↓
2019
Annual accounts 2019130,9 k €↑
2018
Annual accounts 2018-18,3 k €
20/04/2017
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

J Square Studio

Overview

What does J Square Studio do?

Trend over 7 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