Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JBS Toledo from Gent, company number BE0432447081, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year JBS Toledo recorded revenue of € 215.9 million and equity of € 37.8 million. Compared with financial year 2024, the result moved from € 3.1 million to € 1.4 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 37.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 34.2 million.
People and assets in 2025
10.6
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 3% vs 2024
€ 181,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 63,274
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29 million
▲ € 29 million vs 2024
Loans from banks and other lenders, long and short.
€ 71.7 million
▲ 159% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 124 days on average.
€ 1.8 million
▲ 121% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 76,451,682 | € 112,642,873 | € 125,224,229 | € 215,908,450 | ▲ 72% |
| Profit after taxes | € 1,731,988 | € 2,733,762 | € 3,130,625 | € 1,362,157 | ▼ 56% |
| Equity | € 30,581,660 | € 33,315,422 | € 36,446,048 | € 37,808,205 | ▲ 4% |
| Total debts | € 11,786,110 | € 8,939,569 | € 28,542,335 | € 102,554,488 | ▲ 259% |
| Cash | € 745,500 | € 8,359,895 | € 12,927,932 | € 1,012,872 | ▼ 92% |
| Land & buildings | € 45,243 | € 48,042 | € 47,097 | € 46,151 | ▼ 2% |
| Retained profit | € 27,022,102 | € 29,755,865 | € 32,886,490 | € 34,248,647 | ▲ 4% |
| Bank debt | € 2,059,445 | € 794 | € 299 | € 28,959,054 | ▲ € 29 million |
| Balance sheet total | € 42,367,770 | € 42,254,991 | € 64,988,382 | € 140,362,692 | ▲ 116% |
| Employees (FTE) | 7.4 | 7.4 | 9.3 | 10.6 | ▲ 1.3 |
Key figures of JBS Toledo, 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 JBS Toledo?
What happened at JBS Toledo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eliseo Santiago Perez Fernandez stepped down as director. NBB
- Cristiano Glad de Moraes stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 56% vs 2024). Source: NBB ↗
- Eliseo Santiago Perez Fernandez became a director. NBB
- Wesley Mendonça Batista Filho stepped down as director. NBB
- Cristiano Glad de Moraes became a director. NBB
- Wesley Mendonça Batista Filho became a director. NBB
- New establishment in Gent. KBO
In short
From € 1.7 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 3.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.1 million profit.
Pays suppliers within 124 days on average.
Management
The shares are held by JBS S.A. (100%).
Directors
According to the 2025 annual accounts
Cristiano Glad de Moraes
Managing director
since 2024 · until 2028
Wesley Mendonça Batista Filho
Director
since 2023 · until 2025
Eliseo Santiago Perez Fernandez
Director
since 2025 · until 2028
Shareholders
JBS S.A.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Putkapelstraat 103
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DBD Properties
€ 652,082 gross margin · 2025
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€ 1 million gross margin · 2025
ANISSA DEVOS ADVOCAAT
€ 240,206 gross margin · 2025
AdviseHer Solutions
€ 169,266 gross margin · 2025
Emmanuel Leroux
€ 150,100 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Barracuda
Hosting
COMBELL-AS, BE
Domain
Domain
jbstoledo.com
Registered
2010-09-14
Registrar
Key-Systems GmbH
Expires
2026-09-14
Website info
Features
Security
Network
Details
- Company number
- 0432.447.081
- VAT number
- BE 0432.447.081
- Registered office
- Putkapelstraat 103, 9051 Gent
- Names & denominations
- JBS Toledo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 1987
- Peppol
- Active · Active since 25 Apr 2025
- Contact
- jbstoledo.com
- Activities · NACE
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Groothandel in andere voedingsmiddelen, neg
Overige gespecialiseerde groothandel in voedingswaren
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)