JO
ActiveSummary
JO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78,647 and a net result of €35,760. Equity is growing by ~44.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 2591 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+46
Solvency69▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.99 in 2024; short-term debt: 55.8% and cash: 50.1% of total assets), and 55.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.2%
Return on assets
20.1%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-03-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
4 d early
2023
1 d early
2022
40 d early
2021
3 d early
2020
11 d early
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€78,647▲ 83.4%
2024 · €42,888
Total assets
€178,003▲ 45.6%
2024 · €122,263
Net result
€35,760▲ 576%
2024 · €5,288
Working capital
-€7,498▼ 2,721%
2024 · -€266
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,418▲ 93.0%€18,592▲ 38.6%€11,398▼ 38.7%€5,855▼ 48.6%€49,870▲ 752%
Net result€10,373▲ 177%€7,327▼ 29.4%€8,166▲ 11.5%€5,288▼ 35.3%€35,760▲ 576%
Equity€22,107▲ 88.4%€29,434▲ 33.1%€37,600▲ 27.7%€42,888▲ 14.1%€78,647▲ 83.4%
Total assets€149,290▲ 0.4%€166,407▲ 11.5%€121,508▼ 27.0%€122,263▲ 0.6%€178,003▲ 45.6%
Debt€127,183▼ 7.2%€136,973▲ 7.7%€83,908▼ 38.7%€79,376▼ 5.4%€99,356▲ 25.2%
Working capital€14,309▲ 51.3%€31,703▲ 122%-€13,962-€266▲ 98.1%-€7,498▼ 2,721%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 752% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178,003
Fixed assets
€86,145 ▼ 8.5%
Current assets
€91,858 ▲ 227%
Equity and liabilities €178,003
Equity
€78,647 ▲ 83.4%
Debt
€99,356 ▲ 25.2%
Debt's share of the balance-sheet total falls from 64.9% to 55.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57,878▲
2024 · €13,864
Cash flow
€43,768▲
2024 · €13,296
Current ratio
0.92▼
2024 · 0.99
Quick ratio
0.92▼
2024 · 0.99
Debt to equity
1.26▼
2024 · 1.85
ROE
45.5%▲
2024 · 12.3%
ROA
20.1%▲
2024 · 4.3%
Interest coverage
100.13▲
2024 · -15.98
Debt ≤ 1 year
€99,356▲
2024 · €28,376
Debt > 1 year
€0▼
2024 · €51,000
Income taxes
€13,660▲
2024 · €1,435
Staff costs
€20,875▼
2024 · €23,453
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €16,693 | €17,184 | €23,453 | €20,875 | ▼ 11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,188 | €7,188 | €7,870 | €8,008 | €8,008 | = |
| Other operating charges640/8 | - | €3,041 | €3,019 | €567 | €4,646 | ▲ 719% |
| Gross operating margin9900 | €35,250 | €45,514 | €39,472 | €37,883 | €83,399 | ▲ 120% |
| Operating profit (loss)9901 | €13,418 | €18,592 | €11,398 | €5,855 | €49,870 | ▲ 752% |
| Financial income75/76B | - | €1 | €0 | - | €128 | - |
| Recurring financial income75 | - | €1 | €0 | - | €128 | - |
| Financial charges65/66B | - | €10,297 | €2,131 | -€868 | €578 | ▲ 167% |
| Recurring financial charges65 | €3,045 | €10,297 | €2,131 | -€868 | €578 | ▲ 167% |
| Profit (loss) for the period before taxes9903 | €10,373 | €8,296 | €9,267 | €6,723 | €49,420 | ▲ 635% |
| Income taxes67/77 | - | €969 | €1,101 | €1,435 | €13,660 | ▲ 852% |
| Profit (loss) for the period9904 | €10,373 | €7,327 | €8,166 | €5,288 | €35,760 | ▲ 576% |
| Profit (loss) for the period to be appropriated9905 | €10,373 | €7,327 | €8,166 | €5,288 | €35,760 | ▲ 576% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149,290 | €166,407 | €121,508 | €122,263 | €178,003 | ▲ 45.6% |
| Fixed assets21/28 | €114,064 | €106,876 | €102,162 | €94,153 | €86,145 | ▼ 8.5% |
| Tangible fixed assets22/27 | €114,064 | €106,876 | €102,162 | €94,153 | €86,145 | ▼ 8.5% |
| Land and buildings22 | - | €106,876 | €99,688 | €92,501 | €85,313 | ▼ 7.8% |
| Furniture and vehicles24 | - | - | €2,473 | €1,653 | €832 | ▼ 49.7% |
| Current assets29/58 | €35,226 | €59,531 | €19,346 | €28,110 | €91,858 | ▲ 227% |
| Stocks and contracts in progress3 | €310 | €310 | €188 | €92 | €303 | ▲ 228% |
| Stocks30/36 | - | €310 | €188 | €92 | €303 | ▲ 228% |
| Amounts receivable within one year40/41 | €9,773 | €8,733 | €7,189 | €12,350 | €2,403 | ▼ 80.5% |
| Trade receivables40 | - | €5,430 | €7,009 | €11,903 | €2,269 | ▼ 80.9% |
| Other amounts receivable41 | - | €3,303 | €181 | €448 | €133 | ▼ 70.2% |
| Cash at bank and in hand54/58 | €24,633 | €49,738 | €11,969 | €15,667 | €89,153 | ▲ 469% |
| Deferred charges and accrued income490/1 | - | €750 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149,290 | €166,407 | €121,508 | €122,263 | €178,003 | ▲ 45.6% |
| Equity10/15 | €22,107 | €29,434 | €37,600 | €42,888 | €78,647 | ▲ 83.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €20,860 | €20,860 | €20,860 | €20,860 | €20,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €19,000 | €19,000 | €20,860 | €20,860 | = |
| Profit (loss) carried forward14 | -€4,953 | €2,374 | €10,540 | €15,828 | €51,587 | ▲ 226% |
| Amounts payable17/49 | €127,183 | €136,973 | €83,908 | €79,376 | €99,356 | ▲ 25.2% |
| Amounts payable after more than one year17 | €106,266 | €109,145 | €50,599 | €51,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | €109,145 | €50,599 | €0 | - | - |
| Other amounts payable178/9 | - | - | - | €51,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €20,918 | €27,828 | €33,308 | €28,376 | €99,356 | ▲ 250% |
| Current portion of amounts payable after more than one year42 | - | €13,120 | €13,546 | €0 | - | - |
| Trade debts44 | €1,202 | €2,483 | €9,654 | €7 | €8,882 | ▲ 121,407% |
| Suppliers440/4 | - | €2,483 | €9,654 | €7 | €8,882 | ▲ 121,407% |
| Taxes, remuneration and social security45 | - | €10,893 | €6,060 | €22,083 | €31,851 | ▲ 44.2% |
| Taxes450/3 | - | €9,163 | €3,360 | €5,907 | €24,349 | ▲ 312% |
| Remuneration and social security454/9 | - | €1,730 | €2,699 | €16,176 | €7,502 | ▼ 53.6% |
| Other amounts payable47/48 | - | €1,332 | €4,049 | €6,285 | €58,623 | ▲ 833% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,373 | €7,327 | €8,166 | €5,288 | €35,760 | ▲ 576% |
| + Depreciation and write-downs630 | €7,188 | €7,188 | €7,870 | €8,008 | €8,008 | = |
| Operating cash flow (approximation) | €17,560 | €14,515 | €16,037 | €13,296 | €43,768 | ▲ 229% |
| Investment in fixed assets (approximation) | - | €0 | -€3,156 | €0 | €0 | - |
| Change in cash | - | €25,104 | -€37,769 | €3,698 | €73,486 | ▲ 1,887% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-06
Financial
Highest result since 2019net €35,760 ▲576%
Operating result €49,870, net result €35,760, both a record.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €3,749
Net result €3,749 after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
17 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2007
Ground area
424 m²
Building footprint
111 m²
Volume, LiDAR
463 m³
Parcel 44032A0172/00T003, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Quick Car Wash
since 20072.173.045.765
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0172/00T003 | Flanders | 424 m² | 1 · 111 m² | 9.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 3,205 companies in sector 95316 we hold annual accounts for 753. 550 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-08-2007
Fiscal year end30-06
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0891333889
Also
9925:BE0891333889
Registered
02-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.