JO FLEX
ActiveJO FLEX has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €567k and a net result of €106k. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-7
Solvency97▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 1.95 in 2024), and 43.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
56.3%
Return on assets
10.5%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
29 d late
2023
61 d late
2022
4 d late
2021
23 d early
2020
6 d late
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€567k▲ 18.6%
2024 · €478k
2018: €53k
2019: €102k
2020: €163k
2021: €230k
2022: €303k
2023: €381k
2024: €478k
2018 → 2025
Total assets
€1.01M▲ 3.1%
2024 · €977k
2018: €133k
2019: €189k
2020: €272k
2021: €328k
2022: €498k
2023: €742k
2024: €977k
2018 → 2025
Net result
€106k▼ 28.1%
2024 · €147k
2018: €52k
2019: €76k
2020: €73k
2021: €75k
2022: €103k
2023: €120k
2024: €147k
2018 → 2025
Working capital
€352k▲ 43.5%
2024 · €245k
2018: €40k
2019: €94k
2020: €132k
2021: €206k
2022: €278k
2023: €227k
2024: €245k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€230k-€303k▲ 31.9%€381k▲ 25.6%€478k▲ 25.5%€567k▲ 18.6%
Operating result€103k-€134k▲ 30.9%€152k▲ 13.0%€184k▲ 21.2%€159k▼ 13.6%
Net result€75k-€103k▲ 36.8%€120k▲ 16.1%€147k▲ 22.7%€106k▼ 28.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€493k▲ 4.0%
Current assets
€515k▲ 2.2%
Equity and liabilities €1.01M
Equity
€567k▲ 18.6%
Debt
€440k▼ 11.7%
The debt ratio falls from 51.1% to 43.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€239k▼
2024 · €248k
Cash flow
€186k▼
2024 · €211k
Solvency
56.3%▲
2024 · 48.9%
Current ratio
3.16▲
2024 · 1.95
Quick ratio
2.79▲
2024 · 1.72
Debt / equity
0.78▼
2024 · 1.04
ROE
18.7%▼
2024 · 30.8%
ROA
10.5%▼
2024 · 15.1%
Interest coverage
20.58▼
2024 · 42.78
Debt
€440k▼
2024 · €499k
Debt ≤ 1 year
€163k▼
2024 · €258k
Debt > 1 year
€278k▲
2024 · €220k
Income taxes
€42k▲
2024 · €31k
Staff costs
€118k▲
2024 · €95k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€977k€1.01M▲
Fixed assets21/28€474k€493k▲
Tangible fixed assets22/27€474k€493k▲
Land and buildings22€348k€339k▼
Plant, machinery and equipment23-€18k
Furniture and vehicles24€125k€136k▲
Current assets29/58€504k€515k▲
Stocks and contracts in progress3€60k€60k=
Stocks30/36€60k€60k=
Amounts receivable within one year40/41€163k€109k▼
Trade receivables40€149k€105k▼
Other amounts receivable41€14k€3k▼
Cash at bank and in hand54/58€273k€341k▲
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€977k€1.01M▲
Equity10/15€478k€567k▲
Reserves13€478k€567k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€476k€565k▲
Amounts payable17/49€499k€440k▼
Amounts payable after more than one year17€220k€278k▲
Financial debts170/4€220k€278k▲
Amounts payable within one year42/48€258k€163k▼
Current portion of amounts payable after more than one year42€133k€65k▼
Trade debts44€15k€11k▼
Suppliers440/4€15k€11k▼
Taxes, remuneration and social security45€108k€77k▼
Taxes450/3€45k€55k▲
Remuneration and social security454/9€62k€22k▼
Other amounts payable47/48€2k€10k▲
Accrued charges and deferred income492/3€20k-
Income statement
Code20242025
Remuneration, social security and pensions62€95k€118k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€80k▲
Other operating charges640/8€679€825▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€343k€361k▲
Operating profit (loss)9901€184k€159k▼
Financial charges65/66B€6k€12k▲
Recurring financial charges65€6k€12k▲
Profit (loss) for the period before taxes9903€178k€147k▼
Income taxes67/77€31k€42k▲
Profit (loss) for the period9904€147k€106k▼
Profit (loss) for the period to be appropriated9905€147k€106k▼
Appropriation of the result
Profit (loss) to be appropriated9906€147k€106k▼
Transfer to equity691/2€97k€89k▼
To other reserves6921€97k€89k▼
Profit to be distributed694/7€50k€17k▼
Return on contributions (dividend)694-€10k
Directors or managers695€50k€7k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €567k ▲18.6%
8 profitable years in a row build equity to €567k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €147k ▲22.7%
Operating result €184k, net result €147k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €230k ▲41.5%
4 profitable years in a row build equity to €230k.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Equity above €150kEq €163k ▲60.1%
3 profitable years in a row build equity to €163k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €102k ▲92.8%
2 profitable years in a row build equity to €102k.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Neupré · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Route du Condroz(N) 1504121 NeupréGround area
2,792 m²
Building footprint
268 m²
Volume, LiDAR
1,581 m³
2 parcels, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jo Flex
since 20182.274.165.394
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61044B0128/00_000 | Wallonia | 1,502 m² | 1 · 120 m² | 6.2 m · 2 fl. |
| 61044B0127/00A000 | Wallonia | 1,291 m² | 1 · 148 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 565 companies in sector 28120 we hold annual accounts for 489. 407 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2018
Fiscal year end31-12
Activities, NACEBEL
28120Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.joflex.com
E-mail:joflex.jsr@gmail.com