Financials
Financial year 2025
JOWI from Zwevegem, company number BE0445879702, closed financial year 2025 with a result of € -87,659 after tax. For that financial year JOWI recorded a gross margin of € 293,010 and equity of € 388,226. Compared with financial year 2023, the result moved from € 121,217 to € -87,659. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2026.
€ 388,226
▼ 50% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -87,659
▼ still € 121,217 profit in 2023
Profit after tax over the fiscal year.
€ 122,237
▼ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 378,264.
People and assets in 2025
4.8
▼ 1.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 345,120
▼ 10% vs 2023
€ 71,900 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.
€ 43,704
▲ 59% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49,514
▼ 28% vs 2023
€ 26,430 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 279,851
▼ 47% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 42,803
▲ 16% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 341,565 | € 662,783 | € 632,702 | € 293,010 | ▼ 54% |
| Profit after taxes | € 869 | € 92,659 | € 121,217 | € -87,659 | ▼ € 208,876 |
| Equity | € 642,118 | € 707,430 | € 769,453 | € 388,226 | ▼ 50% |
| Total debts | € 622,959 | € 576,230 | € 1,008,935 | € 430,797 | ▼ 57% |
| Cash | € 160,416 | € 202,151 | € 264,810 | € 122,237 | ▼ 54% |
| Land & buildings | € 401,127 | € 370,695 | € 365,794 | - | |
| Retained profit | € 623,118 | € 688,430 | € 750,453 | € 378,264 | ▼ 50% |
| Dividend | € 118,303 | € 27,347 | € 59,194 | € 0 | ▼ 100% |
| Bank debt | € 115,243 | € 105,367 | € 69,165 | € 49,514 | ▼ 28% |
| Balance sheet total | € 1,265,077 | € 1,283,660 | € 1,778,388 | € 819,023 | ▼ 54% |
| Employees (FTE) | 4.5 | 4.8 | 6.2 | 4.8 | ▼ 1.4 |
Key figures of JOWI, fiscal years 2021 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 JOWI?
What happened at JOWI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 87,659 (▼ € 208,876 vs 2023). filed late Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 869 profit in 2021 to € 87,659 loss in 2025.
Paid € 121,623 in corporate taxes since 2021.
Best year ever: 2023, with € 121,217 profit.
On average € 61,000 of value added per employee in 2025.
Management
Behind JOWI are Magaly Riecherts and Jelle Vercaemer. The same people are also behind VERCAEMER INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat(Z) 122A
8550 Zwevegem
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.879.702
- VAT number
- BE 0445.879.702
- Registered office
- Kortrijkstraat(Z) 122A, 8550 Zwevegem
- Names & denominations
- JOWI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1991
- Peppol
- Active · Active since 25 Aug 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Goederenvervoer over de weg
Sanitaire werkzaamheden
Goederenvervoer over de weg, m.u.v. verhuisbedrijven