Skip to content

ACTION JOSAPHAT

Active
Non-profit associationfounded 200422 yrs activePhilomènestraat 41, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0867.341.039
Summary

ACTION JOSAPHAT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34,724 and a net result of €2,790. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 18% of 620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Youth work associations
NACE 94991NACE 91330Other membership organisations NACE 94999
1 site
Size
€4,766turnover 2024
Staff
3 FTE
Equity
€34,724
Profit
€2,790
Financial health
93 Excellent Checked score 2024
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 65 d overdue0 of 11 deeds read
Why 93- Figures for FY 2024 (filed 27-06-2025)+ Legal form Non-profit association+ Sector Activities of membership organisations (NACE 94)+ Liquidity: current ratio 2.43, cash €37,121Show the evidence

Checked score

Score 2024
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 41% of its sector peers (NACE 94, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 42-9
equity 17.2% of total assets
Liquidity 55-19
short-term debt 38.2% · cash 18.4%
Profitability 80-2
return on assets 1.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,215 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%▲ +5.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +4.8% vs 02-2025 04-2025: < 0.1%▲ +4.5% vs 03-2025 05-2025: < 0.1%▼ -4.3% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%▼ -9.1% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +5.0% vs 02-2026 04-2026: < 0.1%▲ +4.8% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%▼ -4.5% vs 05-2026 07-2026: < 0.1%▲ +4.8% vs 06-2026 08-2026: < 0.1%▲ +4.5% vs 07-2026 09-2026: < 0.1%▲ +4.3% vs 08-2026 10-2026: < 0.1%▲ +16.7% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Sector Activities of membership organisations (NACE 94) lowers the probability
  • Liquidity: current ratio 2.43, cash €37,121 lowers the probability
  • Figures for FY 2024 (filed 27-06-2025) raises the probability
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 94, micro). Better than this share of them on solvency 16%, liquidity 23%, profitability 76%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Sector Activities of membership organisations (NACE 94)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.43, cash €37,121
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 27-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 620 sector peers (2024).
NBB · sector comparison
Position among 620 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
70 d late
2022
31 d early
2021
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Highest result since 2021net €5,119 ▲227%

Key points

  • Caution: Among the weakest 9% on equitysector median €579,266 · 620 companies €34,724 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Wallonia-Brussels supportpaid 2023 - 2025 €625,421 View

By topic

Financials

Fiscal year
2024
Turnover
€4,766
Profit
€2,790
Solvency
17.2%
Turnover▲ 30.7%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2022
  1. 27-06-2025Annual accounts filed
  2. 09-10-2024Annual accounts filed
  3. 31-12-2023Highest result since 2021
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Youth work associationsNACE 94991
Founded
21-09-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.