ACTIVE

JOVATECH

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Financial year 2025 · closed on 31/03/2025

Net result

311,2 k €

-46.7% YoY

Gross margin

1,3 M €

-12.2% YoY

Equity

3,7 M €

+6.0% YoY

Workforce

8,3 ETP

0.0% YoY

What does JOVATECH do?

JOVATECH is a Private limited company incorporated in 2007. Its registered office is in Izegem. It employs on average 8,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0888.401.224

Incorporation

30/03/2007

Legal form

Private limited company

Registered office

Ardooisestraat 141 box 1
8870 Izegem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Average workforce

8,3 ETP

Joint committees (2)

14901
218

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 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,3 M €	-12.2%	1,5 M €	+3.3%	1,5 M €	+27.9%	1,1 M €	+11.7%	1 M €	+16.2%	883,5 k €	+4.9%	841,9 k €	-0.6%	847,2 k €	+13.4%	746,9 k €	+64.1%	455 k €	-24.2%	600,2 k €	+47.3%	407,4 k €	+22.2%	333,4 k €	-45.2%	608,3 k €	+18.4%	513,9 k €	+17.5%	437,5 k €	+24.8%	350,6 k €	+27.0%	276,1 k €
EBITDA	527,8 k €	-43.1%	928,1 k €	+10.9%	836,7 k €	+23.3%	678,9 k €	+30.9%	518,7 k €	-1.9%	528,5 k €	+35.2%	391 k €	-22.2%	502,6 k €	+22.7%	409,5 k €	+106%	199,1 k €	-41.8%	342,1 k €	+64.6%	207,9 k €	+48.5%	140 k €	-66.8%	422,1 k €	+16.7%	361,8 k €	+22.9%	294,4 k €	+13.0%	260,5 k €	+36.2%	191,2 k €
Operating result	389,7 k €	-51.5%	803 k €	+13.0%	710,6 k €	+23.7%	574,4 k €	+41.2%	406,7 k €	+0.9%	403,1 k €	+75.3%	229,9 k €	-33.3%	344,9 k €	+28.1%	269,3 k €	+164%	102,2 k €	-60.6%	259,4 k €	+66.3%	156 k €	+68.5%	92,6 k €	-75.6%	379,9 k €	+20.9%	314,3 k €	+36.0%	231,1 k €	+12.8%	204,9 k €	+67.8%	122,1 k €
Net result	311,2 k €	-46.7%	583,5 k €	+13.4%	514,4 k €	+22.5%	419,8 k €	+44.5%	290,4 k €	+22.5%	237 k €	+51.6%	156,3 k €	-25.9%	210,8 k €	+20.1%	175,5 k €	+153%	69,4 k €	-60.4%	175,4 k €	+35.4%	129,5 k €	+82.9%	70,8 k €	-71.0%	244,3 k €	+19.6%	204,2 k €	+36.4%	149,7 k €	+13.4%	131,9 k €	+74.8%	75,5 k €
Balance sheet
Equity	3,7 M €	+6.0%	3,4 M €	+18.3%	2,9 M €	+19.2%	2,4 M €	+17.8%	2,1 M €	+14.7%	1,8 M €	+15.1%	1,6 M €	+11.0%	1,4 M €	+8.5%	1,3 M €	+12.1%	1,2 M €	+3.5%	1,1 M €	+18.5%	949,5 k €	+12.4%	845 k €	+2.5%	824,2 k €	+42.1%	579,9 k €	+54.4%	375,7 k €	+66.2%	226 k €	+140%	94,1 k €
Total assets	4 M €	+4.9%	3,8 M €	+14.5%	3,3 M €	+14.2%	2,9 M €	+20.7%	2,4 M €	+9.5%	2,2 M €	+5.6%	2,1 M €	+4.8%	2 M €	+5.7%	1,9 M €	+3.7%	1,8 M €	+6.3%	1,7 M €	+25.4%	1,3 M €	+17.6%	1,1 M €	+3.3%	1,1 M €	+31.9%	841,6 k €	+27.5%	659,9 k €	+13.4%	582,1 k €	+33.0%	437,7 k €
Cash	80,1 k €	-61.3%	207,1 k €	+107%	100 k €	-69.3%	326,1 k €	+344%	73,4 k €	-44.3%	131,8 k €	+85.8%	71 k €	+27.8%	55,5 k €	+135%	23,7 k €	-8.6%	25,9 k €	+252%	7,3 k €	-72.7%	26,9 k €	-48.3%	52,1 k €	-84.9%	344,2 k €	-7.2%	370,8 k €	+144%	151,8 k €	+69.5%	89,6 k €	+128%	39,2 k €
Debts	241,7 k €	-17.9%	294,3 k €	-14.3%	343,3 k €	-11.1%	386,2 k €	+39.3%	277,2 k €	-20.6%	349,1 k €	-17.2%	421,9 k €	-21.2%	535,4 k €	+2.5%	522,3 k €	-15.5%	618 k €	+16.0%	532,7 k €	+48.3%	359,2 k €	+21.6%	295,5 k €	+5.3%	280,6 k €	+9.1%	257,2 k €	-7.0%	276,6 k €	-21.2%	351,1 k €	+3.9%	338 k €
Other
Workforce	8,3 ETP	0.0%	8,3 ETP	-2.4%	8,5 ETP	+25.0%	6,8 ETP	+7.9%	6,3 ETP		–		6,7 ETP		–		4,7 ETP	0.0%	4,7 ETP	0.0%	4,7 ETP	+34.3%	3,5 ETP	-12.5%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	+53.8%	2,6 ETP	+13.0%	2,3 ETP	-11.5%	2,6 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 31/03/2025 · 2 active · 2 ended

Active mandates

Johan Vanslambrouck

Director

Active

Sabine Nuytten

Director

Active

Ended mandates

JOHAN VANSLAMBROUCK

Manager

Ended

SABINE NUYTTEN

Manager

Ended

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/10/2025	31/10/2024	31/10/2023	03/11/2022	04/11/2021	10/11/2020
General meeting	30/09/2025	30/09/2024	30/09/2023	30/09/2022	11/10/2021	12/09/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	30/09/2025	31/10/2025	Dutch	PDF
Abridged model	31/03/2024	30/09/2024	31/10/2024	Dutch	PDF
Abridged model	31/03/2023	30/09/2023	31/10/2023	Dutch	PDF
Abridged model	31/03/2022	30/09/2022	03/11/2022	Dutch	PDF
Abridged model	31/03/2021	11/10/2021	04/11/2021	Dutch	PDF
Abridged model	31/03/2020	12/09/2020	10/11/2020	Dutch	PDF
Abridged model	31/03/2019	30/09/2019	25/10/2019	Dutch	PDF
Abridged model	31/03/2018	30/09/2018	23/10/2018	Dutch	PDF
Abridged model	31/03/2017	22/10/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	22/10/2016	28/10/2016	Dutch	PDF
Abridged model	31/03/2015	12/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	04/10/2014	29/10/2014	Dutch	PDF
Abridged model	31/03/2013	26/10/2013	31/10/2013	Dutch	PDF
Abridged model	31/03/2012	21/10/2012	30/10/2012	Dutch	PDF
Abridged model	31/03/2011	10/09/2011	04/11/2011	Dutch	PDF
Abridged model	31/03/2010	11/09/2010	04/11/2010	Dutch	PDF
Abridged model	31/03/2009	12/09/2009	27/10/2009	Dutch	PDF
Abridged model	31/03/2008	13/09/2008	25/11/2008	Dutch	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 31/03/2025 · 2 active · 2 ended

Active mandates

Johan Vanslambrouck

Director

Active

Sabine Nuytten

Director

Active

Ended mandates

JOHAN VANSLAMBROUCK

Manager

Ended

SABINE NUYTTEN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other02/09/2016
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF
Other10/04/2007
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 2025311,2 k €↓
2024
Annual accounts 2024583,5 k €↑
2023
Annual accounts 2023514,4 k €↑
2022
Annual accounts 2022419,8 k €↑
2021
Annual accounts 2021290,4 k €↑
2020
Annual accounts 2020237 k €↑
2019
Annual accounts 2019156,3 k €↓
2018
Annual accounts 2018210,8 k €↑
2017
Annual accounts 2017175,5 k €↑
2016
Annual accounts 201669,4 k €↓
2015
Annual accounts 2015175,4 k €↑
2014
Annual accounts 2014129,5 k €↑
2013
Annual accounts 201370,8 k €↓
2012
Annual accounts 2012244,3 k €↑
2011
Annual accounts 2011204,2 k €↑
2010
Annual accounts 2010149,7 k €↑
2009
Annual accounts 2009131,9 k €↑
2008
Annual accounts 200875,5 k €
30/03/2007
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

JOVATECH

Overview

What does JOVATECH do?

Trend over 18 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