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 51 % of short-term debt in 2025; threshold 65 %.
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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
JAFEMA from Gent, company number BE0743417995, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year JAFEMA recorded a gross margin of € -19,716 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 368,769 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.
€ 1.5 million
▲ 237% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 237% vs 2024
Profit after tax over the fiscal year.
€ 13,237
▲ € 12,344 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 156,808 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 2.7 million
▼ 8% vs 2024
€ 213,783 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 64
Supplier invoices still open on the last day of the fiscal year.
€ 124,164
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -423 | € -953 | € -30,522 | € -19,716 | ▲ € 10,806 |
| Profit after taxes | € -129,527 | € -79,659 | € 368,769 | € 1,241,639 | ▲ 237% |
| Equity | € 167,698 | € 88,038 | € 456,808 | € 1,541,639 | ▲ 237% |
| Total debts | € 7,091,405 | € 7,169,771 | € 6,626,741 | € 6,600,940 | |
| Cash | € 184,782 | € 176,683 | € 893 | € 13,237 | ▲ € 12,344 |
| Retained profit | € -132,302 | € -211,962 | € 156,808 | € 1,241,639 | ▲ € 1.1 million |
| Dividend | € 0 | € 0 | € 0 | € 156,808 | |
| Bank debt | € 0 | € 2,500,000 | € 2,941,718 | € 2,713,783 | ▼ 8% |
| Balance sheet total | € 7,259,102 | € 7,257,810 | € 7,083,549 | € 8,142,579 | ▲ 15% |
Key figures of JAFEMA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about JAFEMA the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to JAFEMA?
What happened at JAFEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 237% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 129,527 loss in 2022 to € 1.2 million profit in 2025.
Paid € 124,164 in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
Paid out € 156,808 in dividends to the owners in total.
Management
Behind JAFEMA is Maarten VAN NIEUWENHOVE. The shares are held by Maarten Van Nieuwenhove (100%). It owns 100% of MVN Management, 100% of Fare, 99.8% of KOUTERLOS INVEST and 98% of MVN Construct itself.
Directors
According to the 2025 annual accounts
Maarten VAN NIEUWENHOVE
Director
Owns 100% directly
Also active at: NEJARI, Baronie van Boelare, KOUTERLOS INVEST, MVN Management, Fare, MVN Construct, REVA CLINICS, T.L.I. +1 more
Shareholders
Maarten Van Nieuwenhove · director
100%
Participations
Establishments
Establishment units
Physical locations of this company
François Laurentplein 25 box 501
9000 Gent
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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VAN NIEUWENHOVE Maarten Jan Fernand Lodewijk Ghislenus(oprichter) 100%
Details
- Company number
- 0743.417.995
- VAT number
- BE 0743.417.995
- Registered office
- François Laurentplein 25 bus 501, 9000 Gent
- Names & denominations
- JAFEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2020
- Peppol
- Not registered