ACTIVE

JAD-project

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Financial year 2025 · closed on 31/12/2025

Net result

100,9 k €

-36.9% YoY

Gross margin

66,9 k €

-10.3% YoY

Equity

922,9 k €

+8.0% YoY

Workforce

0,0 ETP

What does JAD-project do?

JAD-project is a Private limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Liedekerke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0833.824.767

Incorporation

17/02/2011

Legal form

Private limited company

Registered office

Hoefstraat 222
1770 Liedekerke · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 62020Computer consultancy activities 62090Other information technology and computer service activities 62200Computer programming, consultancy and related activities 62900Computer programming, consultancy and related activities+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	66,9 k €	-10.3%	74,6 k €	-0.3%	74,8 k €	-3.0%	77,2 k €	-37.8%	124,1 k €	+141%	51,5 k €	-21.6%	65,8 k €	-9.6%	72,8 k €	+4.5%	69,6 k €	-3.7%	72,3 k €	+44.4%	50,1 k €	-22.1%	64,3 k €	-9.9%	71,3 k €	-27.3%	98,1 k €
EBITDA	65,1 k €	-10.6%	72,8 k €	-0.2%	73 k €	-3.8%	75,9 k €	-38.1%	122,6 k €	+146%	49,8 k €	-22.3%	64 k €	-9.4%	70,7 k €	+4.1%	67,9 k €	-3.5%	70,3 k €	+45.6%	48,3 k €	-23.3%	63 k €	-10.9%	70,7 k €	-26.4%	96,1 k €
Operating result	49,1 k €	-13.7%	56,9 k €	-13.9%	66 k €	+1.1%	65,3 k €	-43.9%	116,5 k €	+237%	34,6 k €	-28.8%	48,5 k €	-12.7%	55,6 k €	-3.3%	57,5 k €	-4.1%	60 k €	+73.2%	34,6 k €	+43.2%	24,2 k €	-61.2%	62,3 k €	-21.0%	78,9 k €
Net result	100,9 k €	-36.9%	159,9 k €	+1.9%	156,8 k €	+149%	62,9 k €	-52.0%	131,2 k €	+433%	24,6 k €	-38.4%	39,9 k €	-2.3%	40,9 k €	+2.9%	39,7 k €	-2.2%	40,6 k €	+245%	11,8 k €	-34.8%	18 k €	-65.8%	52,7 k €	-53.4%	113,2 k €
Balance sheet
Equity	922,9 k €	+8.0%	854,3 k €	+21.2%	705 k €	+26.1%	559 k €	+9.4%	511,1 k €	+30.5%	391,7 k €	+6.7%	367,1 k €	+9.7%	334,7 k €	+13.9%	293,8 k €	+15.6%	254,1 k €	+19.0%	213,6 k €	+4.7%	203,9 k €	+9.7%	185,9 k €	+39.6%	133,2 k €
Total assets	1,1 M €	+1.5%	1,1 M €	+9.6%	975 k €	+16.3%	838,1 k €	+1.0%	829,5 k €	+48.7%	557,7 k €	-0.7%	561,8 k €	+1.5%	553,3 k €	+11.0%	498,6 k €	+0.1%	498,3 k €	+8.7%	458,3 k €	-10.0%	509,4 k €	+59.9%	318,5 k €	+10.2%	289,1 k €
Cash	361,1 k €	+36.8%	264 k €	+43.4%	184,2 k €	-5.6%	195,2 k €	+12.6%	173,3 k €	+17.9%	147 k €	+30.7%	112,5 k €	+13.3%	99,3 k €	+57.5%	63,1 k €	-22.4%	81,2 k €	+64.0%	49,5 k €	-39.0%	81,2 k €	-34.4%	123,9 k €	+42.9%	86,7 k €
Debts	162,3 k €	-24.4%	214,5 k €	-20.4%	269,6 k €	-3.1%	278,4 k €	-12.5%	318 k €	+92.5%	165,2 k €	-14.8%	194 k €	-11.0%	217,9 k €	+6.6%	204,4 k €	-15.9%	243,2 k €	-0.3%	243,9 k €	-20.1%	305,3 k €	+131%	132 k €	-15.0%	155,2 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Koen Asselman

Director

Active

Wendy De Reuse

Director

Active

Ended mandates

Koen Asselman

Manager

Ended

Wendy De Reuse

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Abridged 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	22/07/2026	23/06/2025	02/07/2024	04/07/2023	15/07/2022	05/07/2021
General meeting	29/06/2026	09/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	09/06/2025	23/06/2025	Dutch	PDF
Micro model	31/12/2023	10/06/2024	02/07/2024	Dutch	PDF
Micro model	31/12/2022	12/06/2023	04/07/2023	Dutch	PDF
Micro model	31/12/2021	13/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	05/07/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 2 ended

Active mandates

Koen Asselman

Director

Active

Wendy De Reuse

Director

Active

Ended mandates

Koen Asselman

Manager

Ended

Wendy De Reuse

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/09/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/01/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other01/03/2011
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025100,9 k €↓
2024
Annual accounts 2024159,9 k €↑
2023
Annual accounts 2023156,8 k €↑
2022
Annual accounts 202262,9 k €↓
2021
Annual accounts 2021131,2 k €↑
2020
Annual accounts 202024,6 k €↓
2019
Annual accounts 201939,9 k €↓
2018
Annual accounts 201840,9 k €↑
2017
Annual accounts 201739,7 k €↓
2016
Annual accounts 201640,6 k €↑
2015
Annual accounts 201511,8 k €↓
2014
Annual accounts 201418 k €↓
2013
Annual accounts 201352,7 k €↓
2012
Annual accounts 2012113,2 k €
17/02/2011
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

JAD-project

Overview

What does JAD-project do?

Trend over 14 financial years

Indicative valuation

Board of directors

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