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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
JulMad from Kruisem, company number BE0686995372, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year JulMad recorded a gross margin of € -2,185 and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 526,431 to € 1.1 million. 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 June 24, 2026.
€ 3.4 million
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 115% vs 2024
Profit after tax over the fiscal year.
€ 911,517
▲ 291% 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 € 3.4 million.
Debts at end 2025
€ 739,473
▼ 15% vs 2024
€ 137,458 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -9,073 | € -6,051 | € -2,185 | ▲ € 3,866 |
| Profit after taxes | € 243,464 | € 526,431 | € 1,129,450 | ▲ 115% |
| Equity | € 1,738,252 | € 2,264,683 | € 3,394,133 | ▲ 50% |
| Total debts | € 1,176,664 | € 873,945 | € 741,349 | ▼ 15% |
| Cash | € 61,662 | € 233,133 | € 911,517 | ▲ 291% |
| Land & buildings | € 8,594 | € 7,263 | € 5,932 | ▼ 18% |
| Retained profit | € 1,719,702 | € 2,246,133 | € 3,375,583 | ▲ 50% |
| Bank debt | € 1,000,000 | € 872,078 | € 739,473 | ▼ 15% |
| Balance sheet total | € 2,914,916 | € 3,138,628 | € 4,135,481 | ▲ 32% |
Key figures of JulMad, fiscal years 2023 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 JulMad?
What happened at JulMad in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 115% vs 2024). Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 243,464 profit in 2023 to € 1.1 million profit in 2025.
Best year ever: 2025, with € 1.1 million profit.
A new publication or filing at JulMad? 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 JulMad is Pieter Norga. It owns 50% of GODEFROIDT PETER, 50% of MyFin Invest and 50% of Quatannens-Norga Verzekeringen itself.
Directors
According to the 2025 annual accounts
Pieter Norga
Director
Also active at: PINOR INVEST, GODEFROIDT PETER, JULCO, Quatannens-Norga Verzekeringen, Belufin
Establishments
Establishment units
Physical locations of this company
Leedsestraat (WAN) 17
9772 Kruisem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0686.995.372
- VAT number
- BE 0686.995.372
- Registered office
- Leedsestraat (WAN) 17, 9772 Kruisem
- Names & denominations
- JulMad
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2018
- Peppol
- Not registered