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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
Financials
Financial year 2024
JFE Innovation Center from Virton, company number BE0766552990, closed financial year 2024 with a result of € -230,751 after tax. For that financial year JFE Innovation Center recorded a gross margin of € 198,966 and equity of € 3.7 million. Compared with financial year 2023, the result moved from € -592,843 to € -230,751. The company made a loss. 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 10, 2024.
€ 3.7 million
▲ € 4.8 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -230,751
▲ 61 % less loss than in 2023
Profit after tax over the fiscal year.
€ 33,298
▼ 85% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
Debts at end 2024
€ 260,240
▼ 83% vs 2023
Loans from banks and other lenders, long and short.
€ 595,631
▼ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 2,037,750 | - | - | |
| Gross margin | € -202,725 | € -58,441 | € 198,966 | ▲ € 257,407 |
| Profit after taxes | € -513,320 | € -592,843 | € -230,751 | ▲ € 362,093 |
| Equity | € -503,320 | € -1,096,163 | € 3,673,087 | ▲ € 4.8 million |
| Total debts | € 4,611,500 | € 4,694,646 | € 855,871 | ▼ 82% |
| Cash | € 309,982 | € 229,565 | € 33,298 | ▼ 85% |
| Retained profit | € -513,320 | € -1,106,163 | € -1,336,913 | ▼ € 230,751 |
| Bank debt | € 410,240 | € 1,502,484 | € 260,240 | ▼ 83% |
| Balance sheet total | € 4,108,181 | € 3,598,484 | € 4,528,958 | ▲ 26% |
Key figures of JFE Innovation Center, fiscal years 2022 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 October 2025.
What happened to JFE Innovation Center?
What happened at JFE Innovation Center in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 230,751. Source: NBB ↗
- New establishment in Virton. KBO
- Start of the company according to the CBE. KBO
- Serge FRANCOIS became a director. NBB
- Michel MULLENS became a director. NBB
In short
From € 513,320 loss in 2022 to € 230,751 loss in 2024.
Management
Behind JFE Innovation Center are Serge FRANCOIS and Michel MULLENS. Serge FRANCOIS is also behind JFE Virton. Michel MULLENS is also behind PUBLI-T, Société de Participation dans le Secteur de l'Energie Renouvelable and ELICIO BASTOGNE.
Directors
According to the 2024 annual accounts
since 2021
Michel MULLENS
Manager
Also active at: PUBLI-T, Société de Participation dans le Secteur de l'Energie Renouvelable, ELICIO BASTOGNE
since 2021
Establishments
Establishment units
Physical locations of this company
Zoning-Artisanal, Latour -
6761 Virton
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0766.552.990
- VAT number
- BE 0766.552.990
- Registered office
- Zoning-Artisanal, Latour -, 6761 Virton
- Names & denominations
- JFE Innovation Center
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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