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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JAGIBO from Ninove, company number BE0685515727, closed financial year 2025 with a result of € 1,791 after tax. For that financial year JAGIBO recorded a gross margin of € 56,387 and equity of € 84,290. Compared with financial year 2024, the result moved from € 4,728 to € 1,791. The company is profitable. 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 2, 2026.
€ 84,290
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,791
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 21,369
▼ 56% 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 € 64,552.
Debts at end 2025
€ 924,299
▼ 6% vs 2024
€ 59,119 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 569
▲ 266% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,433 | € 44,711 | € 47,549 | € 56,387 | ▲ 19% |
| Profit after taxes | € 14,644 | € 11,579 | € 4,728 | € 1,791 | ▼ 62% |
| Equity | € 66,192 | € 77,772 | € 82,499 | € 84,290 | ▲ 2% |
| Total debts | € 970,185 | € 967,553 | € 1,384,707 | € 1,326,801 | ▼ 4% |
| Cash | € 23,511 | € 9,234 | € 48,239 | € 21,369 | ▼ 56% |
| Land & buildings | € 483,532 | € 1,034,196 | € 1,414,735 | € 1,386,848 | ▼ 2% |
| Retained profit | € 46,454 | € 58,033 | € 62,761 | € 64,552 | ▲ 3% |
| Bank debt | € 856,908 | € 820,137 | € 982,619 | € 924,299 | ▼ 6% |
| Balance sheet total | € 1,036,451 | € 1,045,398 | € 1,467,280 | € 1,411,164 | ▼ 4% |
Key figures of JAGIBO, 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 JAGIBO?
What happened at JAGIBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,791 (▼ 62% vs 2024). Source: NBB ↗
- Alain Paepens became a director. NBB
- Marc Paepens became a director. NBB
- Michaël Paepens became a director. NBB
- Jaghi BV became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,644 profit in 2022 to € 1,791 profit in 2025.
Paid € 4,596 in corporate taxes since 2022.
Best year ever: 2022, with € 14,644 profit.
Management
The stake of JAGHI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
JAGIBOBehind JAGIBO are Alain Paepens, Marc Paepens, Michaël Paepens and Jaghi BV. The shares are held by JAGHI (80.7%).
Directors
According to the 2025 annual accounts
Shareholders
80.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Armand De Riemaeckerstraat 3 box 2
9400 Ninove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0685.515.727
- VAT number
- BE 0685.515.727
- Registered office
- Armand De Riemaeckerstraat 3 bus 2, 9400 Ninove
- Names & denominations
- JAGIBO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2017
- Peppol
- Active · Active since 21 Oct 2026