Active · per the CBE, 29 October 2026

JOULE

BE0689591113

Rechtspersoon Public limited company 2 establishments

JOULE is a shop in Gent. Public Limited, started on 30 January 2018, 2 establishments.

Rooigemlaan 455, 9000 Gent

Active for

8 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 35 % of short-term debt in 2024; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2023.

Financials

Financial year 2024

JOULE from Gent, company number BE0689591113, closed financial year 2024 with a result of € -1.2 million after tax. For that financial year JOULE recorded a gross margin of € 1.8 million and equity of € -1.5 million. Compared with financial year 2023, the result moved from € -794,052 to € -1.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2025.

What it is worth Caution

€ -1.5 million

▼ € 1.2 million vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.2 million

▼ 47 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 0

▼ 100% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2.5 million.

People and assets in 2024

Full-time equivalents

13.7

▲ 3 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 930,604

▲ 53% vs 2023

€ 67,900 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.

Vehicles and equipment

€ 207,926

▲ 12% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 2.1 million

▼ 50% vs 2023

€ 967,984 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 292,686

▼ 52% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1.5 million

▲ € 1.3 million vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 30,000 € -44,653 € 785,778 € 1,828,659 ▲ 133%
Profit after taxes € -58,359 € -466,584 € -794,052 € -1,170,619 ▼ € 376,567
Equity € -31,089 € 501,676 € -292,376 € -1,462,995 ▼ € 1.2 million
Total debts € 1,138,596 € 2,261,773 € 5,038,498 € 4,092,635 ▼ 19%
Cash € 66,743 € 0 € 32 € 0 ▼ 100%
Retained profit € -92,589 € -559,173 € -1,353,225 € -2,523,844 ▼ € 1.2 million
Bank debt € 701,505 € 1,871,123 € 4,177,641 € 2,104,401 ▼ 50%
Balance sheet total € 1,107,507 € 2,763,449 € 4,746,123 € 2,629,640 ▼ 45%
Employees (FTE) - 5.2 10.7 13.7 ▲ 3

Key figures of JOULE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to JOULE?

What happened at JOULE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Réginald Gillet stepped down as director. NBB
  • Pierre Doumit stepped down as director. NBB
  • Veerle Desmet stepped down as director. NBB
  • Co-Consulting Comm. V. stepped down as director. NBB
  • Maxime Seghin stepped down as director. NBB
  • Laurens Verbeke stepped down as director. NBB
  • New annual accounts for financial year 2024: loss of € 1.2 million. filed late Source: NBB ↗
  • New establishment in Gent. KBO

In short

From € 58,359 loss in 2021 to € 1.2 million loss in 2024.

Paid € 399 in corporate taxes since 2021.

On average € 133,500 of value added per employee in 2024.

Management

Lab box NV 57.9%
Jordy De Loose 10.7%
Laurens Verbeke 10.7%
+1
JOULE

The shares are held by Lab box NV (57.9%), Co-Consulting Comm. V. (10.7%), Jordy De Loose (10.7%), Laurens Verbeke (10.7%) and P&V corporate vennootschap (10%).

Directors

According to the 2024 annual accounts

Réginald Gillet

Director

since 2023 · until 2030

Co-Consulting Comm. V.

Managing director · represented by Nicolas COUDEVILLE

since 2022 · until 2027

Pierre Doumit

Director

since 2023 · until 2030

Maxime Seghin

Director

since 2022 · until 2027

Veerle Desmet

Director

since 2024 · until 2030

Laurens Verbeke

Managing director

Owns 10.7% directly

since 2022 · until 2027

Shareholders

Jordy De Loose

10.7%

Laurens Verbeke · director

10.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rooigemlaan 455

9000 Gent

2.365.781.894

Wiedauwkaai 25 box B

9000 Gent

Active since 9 October 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0689.591.113
VAT number
BE 0689.591.113
Registered office
Rooigemlaan 455, 9000 Gent
Names & denominations
JOULE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
30 January 2018
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Detailhandel in fietsen

Verhuur en lease van sport- en recreatieartikelen

Detailhandel in fietsen in gespecialiseerde winkels

Frequently asked questions

What does JOULE do?
JOULE is a shop in Gent. Public Limited, started on 30 January 2018, 2 establishments.
What is the address of JOULE?
The registered office of JOULE is located at Rooigemlaan 455, 9000 Gent.
Is JOULE still active?
Yes. According to the CBE (29 October 2026) JOULE is active, legal situation “Normale toestand”, started on 30 January 2018.
Is JOULE registered on Peppol?
Yes, JOULE is registered on the Peppol network with ID 0208:0689591113.
What is the enterprise number of JOULE?
The enterprise number of JOULE is BE0689591113.
When was JOULE founded?
JOULE was founded on 30 January 2018.