JUBALO is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 15 April 1987, 1 establishment.

What is the address of JUBALO?

The registered office of JUBALO is located at Koning Albertstraat 12, 3500 Hasselt.

Is JUBALO still active?

Yes. According to the CBE (29 October 2026) JUBALO is active, legal situation “Normale toestand”, started on 15 April 1987.

Is JUBALO registered on Peppol?

Yes, JUBALO is registered on the Peppol network with ID 0208:0431238640.

What is the enterprise number of JUBALO?

The enterprise number of JUBALO is BE0431238640.

When was JUBALO founded?

JUBALO was founded on 15 April 1987.

Who are the directors of JUBALO?

According to the 2025 annual accounts, the directors of JUBALO are: Nisken Leeten.

Is JUBALO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 April 1987; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did JUBALO make in 2025?

JUBALO posted a profit after taxes of € 15,219 in financial year 2025.

What is the revenue of JUBALO?

As a small company, JUBALO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 30,093.

JUBALO (Public Limited) - Hasselt - BE0431238640

Dossier JUBALO, printed on 29 October 2026 from databakkes.be/en/0431238640/jubalo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

JUBALO from Hasselt, company number BE0431238640, closed financial year 2025 with a result of € 15,219 after tax. For that financial year JUBALO recorded a gross margin of € 30,093 and equity of € 83,476. Compared with financial year 2024, the result moved from € -4,218 to € 15,219. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.

What it is worth Growing

€ 83,476

▲ 19% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 15,219

▲ still € 4,219 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 11,212

▲ 134% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2,000 paid out

13 % of the profit went to the shareholders, mostly to M - M invest (100 % of the shares). That is where the money ends up.

People and assets in 2025

Wage cost

€ 1,624

▲ € 1,496 vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 524,573

€ 53,206 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 3,521

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 8,644

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -12,083 Gross margin 2022: € -12,083 First fiscal year in the series	€ 349 Gross margin 2023: € 349 ▲ € 12,433 vs 2022 (€ -12,083) Favourable step	€ -2,053 Gross margin 2024: € -2,053 ▼ € 2,402 vs 2023 (€ 349) Unfavourable step	€ 30,093 Gross margin 2025: € 30,093 ▲ € 32,146 vs 2024 (€ -2,053) Favourable step	▲ € 32,146
Profit after taxes	€ -14,453 Profit after taxes 2022: € -14,453 First fiscal year in the series	€ -1,431 Profit after taxes 2023: € -1,431 ▲ € 13,022 vs 2022 (€ -14,453) Favourable step	€ -4,218 Profit after taxes 2024: € -4,218 ▼ € 2,787 vs 2023 (€ -1,431) Unfavourable step	€ 15,219 Profit after taxes 2025: € 15,219 ▲ € 19,437 vs 2024 (€ -4,218) Favourable step	▲ € 19,437
Equity	€ 75,906 Equity 2022: € 75,906 First fiscal year in the series	€ 74,475 Equity 2023: € 74,475 ▼ 2% vs 2022 (€ 75,906) Unfavourable step	€ 70,257 Equity 2024: € 70,257 ▼ 6% vs 2023 (€ 74,475) Unfavourable step	€ 83,476 Equity 2025: € 83,476 ▲ 19% vs 2024 (€ 70,257) Favourable step	▲ 19%
Total debts	€ 22,748 Total debts 2022: € 22,748 First fiscal year in the series	€ 23,759 Total debts 2023: € 23,759 ▲ 4% vs 2022 (€ 22,748) Unfavourable step	€ 21,296 Total debts 2024: € 21,296 ▼ 10% vs 2023 (€ 23,759) Favourable step	€ 568,042 Total debts 2025: € 568,042 ▲ € 546,746 vs 2024 (€ 21,296) Unfavourable step	▲ € 546,746
Cash	€ 7,330 Cash 2022: € 7,330 First fiscal year in the series	€ 7,516 Cash 2023: € 7,516 ▲ 3% vs 2022 (€ 7,330) Favourable step	€ 4,782 Cash 2024: € 4,782 ▼ 36% vs 2023 (€ 7,516) Unfavourable step	€ 11,212 Cash 2025: € 11,212 ▲ 134% vs 2024 (€ 4,782) Favourable step	▲ 134%
Land & buildings	€ 4,599 Land & buildings 2022: € 4,599 First fiscal year in the series	€ 3,449 Land & buildings 2023: € 3,449 ▼ 25% vs 2022 (€ 4,599) Unchanged	-	-
Retained profit	€ 13,906 Retained profit 2022: € 13,906 First fiscal year in the series	€ 12,475 Retained profit 2023: € 12,475 ▼ 10% vs 2022 (€ 13,906) Unfavourable step	€ 8,257 Retained profit 2024: € 8,257 ▼ 34% vs 2023 (€ 12,475) Unfavourable step	€ 21,476 Retained profit 2025: € 21,476 ▲ 160% vs 2024 (€ 8,257) Favourable step	▲ 160%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 2,000 Dividend 2025: € 2,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 524,573 Bank debt 2025: € 524,573 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 98,654 Balance sheet total 2022: € 98,654 First fiscal year in the series	€ 98,234 Balance sheet total 2023: € 98,234 Unchanged (€ 98,654) Unchanged	€ 91,552 Balance sheet total 2024: € 91,552 ▼ 7% vs 2023 (€ 98,234) Unchanged	€ 651,517 Balance sheet total 2025: € 651,517 ▲ € 559,965 vs 2024 (€ 91,552) Unchanged	▲ € 559,965
Employees (FTE)	0.1 Employees (FTE) 2022: 0.1 First fiscal year in the series	-	-	-

Key figures of JUBALO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to JUBALO?

What happened at JUBALO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 16, 2026 New annual accounts for financial year 2025: profit of € 15,219. Source: NBB ↗
Feb 3, 2025 New establishment in Hasselt. KBO
2025 Nisken Leeten became a director. NBB
Apr 15, 1987 Start of the company according to the CBE. KBO

In short

From € 14,453 loss in 2022 to € 15,219 profit in 2025.

Paid € 1,525 in corporate taxes since 2022.

Best year ever: 2025, with € 15,219 profit.

Paid out € 2,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

M - M invest 99.5%

The stake of M - M invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

JUBALO

Lema BV 100%

Jornis 100%

Behind JUBALO is Nisken Leeten. The shares are held by M - M invest (99.5%). It owns 100% of Lema BV and 100% of Jornis itself.

Directors

According to the 2025 annual accounts

Nisken Leeten

Director

Also active at: LEMA, M - M invest, Prosper-IT, JORNIS

since 2025

Shareholders

M - M invest

99.5%

Participations

Lema BV

100%

Jornis

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Koning Albertstraat 12

3500 Hasselt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

LEMA same network

€ 165,544 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0431.238.640
VAT number: BE 0431.238.640
Registered office: Koning Albertstraat 12, 3500 Hasselt
Names & denominations: JUBALO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 15 April 1987
Peppol: Active · Active since 24 Nov 2023
Activities · NACE: Activiteiten van holdings

View on CBE Public ↗ Annual accounts (NBB) ↗