Financials
Financial year 2025
TJOVAN from Ninove, company number BE0771916892, closed financial year 2025 with a result of € 187,403 after tax. For that financial year TJOVAN recorded a gross margin of € 1.7 million and equity of € 577,248. Compared with financial year 2024, the result moved from € 230,674 to € 187,403. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 577,248
▲ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 187,403
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 358,934
▲ 13% 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 € 560,758.
People and assets in 2025
19.7
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
€ 56,400 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.
€ 578,499
▲ 4% vs 2024
Of which on lease € 491,517.
Debts at end 2025
€ 926,314
▼ 19% vs 2024
€ 147,238 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 256,352
▲ 135% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 208,599
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,897,486 | € 1,333,078 | € 1,699,088 | € 1,713,499 | ▲ 1% |
| Profit after taxes | € 146,575 | € 36,105 | € 230,674 | € 187,403 | ▼ 19% |
| Equity | € 163,065 | € 199,171 | € 389,845 | € 577,248 | ▲ 48% |
| Total debts | € 1,261,225 | € 1,273,033 | € 1,635,202 | € 1,490,474 | ▼ 9% |
| Cash | € 313,905 | € 275,561 | € 318,667 | € 358,934 | ▲ 13% |
| Land & buildings | - | - | - | € 1,000 | |
| Retained profit | € 146,575 | € 182,680 | € 373,354 | € 560,758 | ▲ 50% |
| Dividend | € 0 | € 0 | € 40,000 | € 0 | ▼ 100% |
| Bank debt | € 472,295 | € 776,265 | € 1,141,327 | € 926,314 | ▼ 19% |
| Balance sheet total | € 1,424,290 | € 1,472,203 | € 2,025,046 | € 2,067,722 | ▲ 2% |
| Employees (FTE) | 23 | 20.2 | 20 | 19.7 | ▼ 0.3 |
Key figures of TJOVAN, 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 TJOVAN?
What happened at TJOVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 187,403 (▼ 19% vs 2024). Source: NBB ↗
- New establishment in Zottegem. KBO
- New establishment in Geraardsbergen. KBO
- New establishment in Denderleeuw. KBO
- New establishment in Ternat. KBO
- New establishment in Erpe-Mere. KBO
- New establishment in Haaltert. KBO
- New establishment in Ninove. KBO
In short
From € 146,575 profit in 2022 to € 187,403 profit in 2025.
Paid € 108,017 in corporate taxes since 2022.
Best year ever: 2024, with € 230,674 profit.
On average € 87,000 of value added per employee in 2025.
A new publication or filing at TJOVAN? We notify you, reason included.
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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
The stake of HOLDING FRANCOIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TJOVANBehind TJOVAN is Holding François BV. The shares are held by HOLDING FRANCOIS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ivan François
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brakelsesteenweg 460
9400 Ninove
Nijverheidsstraat 4
9420 Erpe-Mere
Active since 3 December 2021
Kerkskendorp(KE) 10
9451 Haaltert
Active since 3 December 2021
Edingsesteenweg 317
9400 Ninove
Active since 3 December 2021
Brusselstraat 30
1740 Ternat
Active since 6 January 2023
Kasteelstraat 3 box a
9470 Denderleeuw
Active since 2 January 2024
Brugstraat 36
9500 Geraardsbergen
Active since 6 May 2025
Markt 20
9620 Zottegem
Active since 13 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0771.916.892
- VAT number
- BE 0771.916.892
- Registered office
- Brakelsesteenweg 460, 9400 Ninove
- Names & denominations
- TJOVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 2021
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- francoisbakkerij.be
- Activities · NACE
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