Financials
Financial year 2025
Jovagro from Kortemark, company number BE0748537023, closed financial year 2025 with a result of € 31,880 after tax. For that financial year Jovagro recorded a gross margin of € 126,137 and equity of € 342,983. Compared with financial year 2024, the result moved from € 84,003 to € 31,880. 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 October 20, 2026.
€ 342,983
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,880
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 210,877
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 292,983.
People and assets in 2025
€ 28,192
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 149,727
▼ 6% vs 2024
€ 9,583 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 58,835
▲ € 56,557 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,768
▼ 54% vs 2024
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 | € 163,921 | € 171,627 | € 225,105 | € 126,137 | ▼ 44% |
| Profit after taxes | € 64,217 | € 51,830 | € 84,003 | € 31,880 | ▼ 62% |
| Equity | € 180,770 | € 227,100 | € 311,103 | € 342,983 | ▲ 10% |
| Total debts | € 559,136 | € 482,055 | € 416,003 | € 357,629 | ▼ 14% |
| Cash | € 43,021 | € 87,814 | € 210,917 | € 210,877 | |
| Land & buildings | € 304,254 | € 290,100 | € 275,947 | € 265,199 | ▼ 4% |
| Retained profit | € 130,770 | € 177,100 | € 261,103 | € 292,983 | ▲ 12% |
| Dividend | € 0 | € 5,500 | € 0 | € 0 | |
| Bank debt | € 177,907 | € 168,608 | € 159,214 | € 149,727 | ▼ 6% |
| Balance sheet total | € 739,906 | € 709,155 | € 727,106 | € 700,613 | ▼ 4% |
Key figures of Jovagro, 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 Jovagro?
What happened at Jovagro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,880 (▼ 62% vs 2024). filed late Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,217 profit in 2022 to € 31,880 profit in 2025.
Paid € 82,399 in corporate taxes since 2022.
Best year ever: 2024, with € 84,003 profit.
Paid out € 5,500 in dividends to the owners in total.
Management
Behind Jovagro are Joren Vanderwee, Jorben Vanderwee and Kris Willy Vanderwee. The same people are also behind Joveegro.
Establishments
Establishment units
Physical locations of this company
Amersveldestraat 226 box B
8610 Kortemark
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0748.537.023
- VAT number
- BE 0748.537.023
- Registered office
- Amersveldestraat 226 bus B, 8610 Kortemark
- Names & denominations
- Jovagro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2020
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
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