Financials
- Fiscal year
- 2025
- Total assets
- €277,892
- Profit
- €46,639
- Solvency
- 43.5%
Total assets▼ 1.7%
Net result
20232025
JO-AX
ActiveSummary
JO-AX has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,825 and a net result of €46,639. Equity is growing by ~44.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 1700 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
What they do
Artisanal bread and fresh pastry making
NACE 10712
1 site
How big
€277,892total assets 2025
- Staff
- 1.8 FTE
- Equity
- €120,825
- Profit
- €46,639
Turnover not published (abridged schema)
Who decides
Accounts filed 13 d late0 of 1 deed read
Why 68- Sector Manufacture of food products (NACE 10)- Founded in 2022- Size: total assets €277,892+ Liquidity: current ratio 0.69, cash €78,012Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 74% of its sector peers (NACE 10, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
68+17
equity 43.5% of total assets
Liquidity
60+12
short-term debt 49.6% · cash 28.1%
Profitability
90+13
return on assets 16.8%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Sector Manufacture of food products (NACE 10) raises the probability
- Founded in 2022 raises the probability for this profile
- Liquidity: current ratio 0.69, cash €78,012 lowers the probability
- Size: total assets €277,892 raises the probability for this profile
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.45 in 2024; short-term debt: 49.6% and cash: 28.1% of total assets), and 56.5% of the assets are financed with debt.
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 10, micro). Better than this share of them on solvency 61%, liquidity 65%, profitability 82%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
13 d late
2024
1 d early
2023
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Equity above €100,000Eq €120,825 ▲62.9%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 30-04-2027
- 13-05-2026Annual accounts filed
- 30-09-2025Equity above €100,000
- 29-04-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Artisanal bread and fresh pastry makingNACE 10712
- Founded
- 24-03-2022
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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