Financials
Financial year 2025
JALGO from Walcourt, company number BE0629704501, closed financial year 2025 with a result of € 201,171 after tax. For that financial year JALGO recorded a gross margin of € 748,538 and equity of € 710,412. Compared with financial year 2024, the result moved from € 85,051 to € 201,171. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.
€ 710,412
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 201,171
▲ 137% vs 2024
Profit after tax over the fiscal year.
€ 279,393
▲ 124% 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 € 704,212.
People and assets in 2025
4.4
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 210,793
▲ 50% vs 2024
€ 47,900 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.
€ 261,180
▲ € 220,677 vs 2024
Of which on lease € 244,085.
Debts at end 2025
€ 948,353
▲ 11% vs 2024
€ 225,115 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 130,569
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 107,637
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 251,497 | € 540,243 | € 518,468 | € 748,538 | ▲ 44% |
| Profit after taxes | € 13,594 | € 157,868 | € 85,051 | € 201,171 | ▲ 137% |
| Equity | € 266,322 | € 424,190 | € 509,241 | € 710,412 | ▲ 40% |
| Total debts | € 999,331 | € 981,992 | € 1,074,913 | € 1,234,198 | ▲ 15% |
| Cash | € 167,892 | € 112,020 | € 124,784 | € 279,393 | ▲ 124% |
| Land & buildings | € 259,473 | € 368,869 | € 362,040 | € 339,551 | ▼ 6% |
| Retained profit | € 260,122 | € 417,990 | € 503,041 | € 704,212 | ▲ 40% |
| Bank debt | € 817,324 | € 803,937 | € 851,369 | € 948,353 | ▲ 11% |
| Balance sheet total | € 1,265,653 | € 1,406,182 | € 1,584,154 | € 1,963,001 | ▲ 24% |
| Employees (FTE) | - | 2.6 | 3 | 4.4 | ▲ 1.4 |
Key figures of JALGO, 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 JALGO?
What happened at JALGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 201,171 (▲ 137% vs 2024). filed late Source: NBB ↗
- New establishment in Walcourt. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,594 profit in 2022 to € 201,171 profit in 2025.
Paid € 104,581 in corporate taxes since 2022.
Best year ever: 2025, with € 201,171 profit.
On average € 170,100 of value added per employee in 2025.
A new publication or filing at JALGO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind JALGO are Geoffrey Masschelein , Olivier Masschelein and Laurent Masschelein .
Directors
According to the 2025 annual accounts
Geoffrey Masschelein
Manager
Olivier Masschelein
Manager
Laurent Masschelein
Manager
Establishments
Establishment units
Physical locations of this company
Rue Al'Mai(Lan) 5
5651 Walcourt
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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Details
- Company number
- 0629.704.501
- VAT number
- BE 0629.704.501
- Registered office
- Rue Al'Mai(Lan) 5, 5651 Walcourt
- Names & denominations
- JALGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2015
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- jalgo-garden.be
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