Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1 to 0.
Financials
Financial year 2025
JOLAX from Waregem, company number BE0740444748, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year JOLAX recorded revenue of € 984,000 and equity of € 10.1 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.7 million. The company is profitable. 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 April 27, 2026.
€ 10.1 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 288,110
▲ € 229,733 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 € 9.6 million.
People and assets in 2025
0
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 9.7 million
▼ 13% vs 2024
€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 56,988
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 19,325
▲ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 840,000 | € 960,000 | € 984,000 | ▲ 3% |
| Gross margin | € 526,789 | - | - | - | |
| Profit after taxes | € 101,918 | € 1,746,208 | € 1,714,464 | € 1,653,308 | ▼ 4% |
| Equity | € 4,956,533 | € 6,702,741 | € 8,417,204 | € 10,070,512 | ▲ 20% |
| Total debts | € 14,865,049 | € 13,019,472 | € 11,260,648 | € 10,042,688 | ▼ 11% |
| Cash | € 246,685 | € 121,016 | € 58,377 | € 288,110 | ▲ € 229,733 |
| Retained profit | € 4,456,533 | € 6,202,741 | € 7,917,204 | € 9,570,512 | ▲ 21% |
| Bank debt | € 14,577,400 | € 12,827,795 | € 11,085,218 | € 9,695,504 | ▼ 13% |
| Balance sheet total | € 19,821,581 | € 19,722,213 | € 19,677,852 | € 20,113,200 | ▲ 2% |
| Employees (FTE) | 1 | 1 | 0.1 | 0 | ▼ 0.1 |
Key figures of JOLAX, 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 JOLAX?
What happened at JOLAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,918 profit in 2022 to € 1.7 million profit in 2025.
Paid € 81,501 in corporate taxes since 2022.
Best year ever: 2023, with € 1.7 million profit.
On average € 526,800 of value added per employee in 2022.
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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 JOLAX are Alexander Lemayeur and L & A Investment BV. It owns 100% of Cardinal itself.
Directors
According to the 2025 annual accounts
Director · represented by Ramboux Laurence
Also active at: Beyaert-Sioen Printers, CARDINAL
Establishments
Establishment units
Physical locations of this company
Flanders-Fieldweg 41
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0740.444.748
- VAT number
- BE 0740.444.748
- Registered office
- Flanders-Fieldweg 41, 8790 Waregem
- Names & denominations
- JOLAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2019
- Peppol
- Active · Active since 26 Sept 2025
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