ACTIVE

JOULE

Financial year 2024 · closed on 31/12/2024
Net result
-1,2 M €
-47.4% YoY
Gross margin
1,8 M €
+132.7% YoY
Equity
-1,5 M €
-400.4% YoY
Workforce
13,7 ETP
+28.0% YoY

What does JOULE do?

JOULE is a Public limited company incorporated in 2018. Its main activity is: Retail sale of music and video recordings in specialised stores. Its registered office is in Gent. It employs on average 13,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0689.591.113
Incorporation
30/01/2018
Legal form
Public limited company
Registered office
Rooigemlaan 455
9000 Gent · FlandreSee on map
Contributed capital
1 060 849,43 €
Latest accounts
31/12/2024
Average workforce
13,7 ETP
Joint committees (2)
  • 14904
  • 200
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2024202320222021
Income statement
Gross margin1,8 M €785,8 k €-44,7 k €30 k €
EBITDA856 k €105,5 k €-278,9 k €-34,2 k €
Operating result-836,5 k €-647,7 k €-427,4 k €-51,9 k €
Net result-1,2 M €-794,1 k €-466,6 k €-58,4 k €
Balance sheet
Equity-1,5 M €-292,4 k €501,7 k €-31,1 k €
Total assets2,6 M €4,7 M €2,8 M €1,1 M €
Cash0 €32,2 €0 €66,7 k €
Debts3,8 M €4,9 M €2,2 M €1 M €
Other
Workforce13,7 ETP10,7 ETP5,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Veerle Desmet

Director · since 08 août 2024 · until 07 mai 2030

Active
Pierre Doumit

Director · since 20 octobre 2023 · until 07 mai 2030

Active
Réginald Gillet

Director · since 20 octobre 2023 · until 07 mai 2030

Active
Co-Consulting

Managing director · since 17 mars 2022 · until 16 juin 2027 · 0734.418.474

Represented by Coudeville NICOLAS

Active
Laurens Verbeke

Managing director · since 17 mars 2022 · until 16 juin 2027

Active
Maxime Seghin

Director · since 17 mars 2022 · until 16 juin 2027

Active

Ended mandates

David Destappes

Director · since 08 septembre 2022 · until 16 juin 2028

Ended
Veerle Desmet

Director · since 08 septembre 2022 · until 16 juin 2027

Ended
Co-Consulting

Director · since 17 mars 2022 · until 16 juin 2028 · 0734.418.474

Represented by Coudeville NICOLAS

Ended
Co-Consulting

Director · since 17 mars 2022 · until 16 juin 2028 · 0734.418.474

Represented by Nicolas COUDEVILLE

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202030/01/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months24 months
Filing date25/08/202518/03/202523/10/202308/07/202230/08/202123/07/2020
General meeting21/08/202509/10/202406/10/202317/06/202231/07/202127/06/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202421/08/202525/08/2025DutchPDF
Abridged modelCorrection31/12/202309/10/202418/03/2025DutchPDF
Abridged model31/12/202303/10/202411/10/2024DutchPDF
Abridged model31/12/202206/10/202323/10/2023DutchPDF
Micro model31/12/202117/06/202208/07/2022DutchPDF
Micro model31/12/202031/07/202130/08/2021DutchPDF
Micro model31/12/201927/06/202023/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 6 active · 12 ended

Active mandates

Veerle Desmet

Director · since 08 août 2024 · until 07 mai 2030

Active
Pierre Doumit

Director · since 20 octobre 2023 · until 07 mai 2030

Active
Réginald Gillet

Director · since 20 octobre 2023 · until 07 mai 2030

Active
Co-Consulting

Managing director · since 17 mars 2022 · until 16 juin 2027 · 0734.418.474

Represented by Coudeville NICOLAS

Active
Laurens Verbeke

Managing director · since 17 mars 2022 · until 16 juin 2027

Active
Maxime Seghin

Director · since 17 mars 2022 · until 16 juin 2027

Active

Ended mandates

David Destappes

Director · since 08 septembre 2022 · until 16 juin 2028

Ended
Veerle Desmet

Director · since 08 septembre 2022 · until 16 juin 2027

Ended
Co-Consulting

Director · since 17 mars 2022 · until 16 juin 2028 · 0734.418.474

Represented by Coudeville NICOLAS

Ended
Co-Consulting

Director · since 17 mars 2022 · until 16 juin 2028 · 0734.418.474

Represented by Nicolas COUDEVILLE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates14/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/10/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates21/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - 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. 2024
    Annual accounts 2024-1,2 M €
  2. 2023
    Annual accounts 2023-794,1 k €
  3. 2022
    Annual accounts 2022-466,6 k €
  4. 2021
    Annual accounts 2021-58,4 k €
  5. 30/01/2018
    IncorporationPublic limited company