JO & KO
ActiveThe computed 12-month bankruptcy probability of JO & KO is 1.8% (moderate). The 2024 annual accounts show equity of €56k and a net result of €14k. Equity is growing by ~48.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 18936 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
71
/ 100
Healthy▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+10
Solvency26▲+4
Growth52=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.1 in 2023), and 85.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.9%
Return on assets
3.9%
Age of the figures
20 mo
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 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
30 d late
2022
30 d late
2021
33 d early
2020
31 d late
2019
12 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 35.1%
2023 · €41k
2018: €-42k
2019: €-26k
2020: €-22k
2021: €19k
2022: €34k
2023: €41k
2018 → 2024
Total assets
€373k▲ 18.5%
2023 · €315k
2018: €192k
2019: €177k
2020: €322k
2021: €308k
2022: €317k
2023: €315k
2018 → 2024
Net result
€14k▲ 95.0%
2023 · €7k
2018: €16k
2019: €16k
2020: €4k
2021: €41k
2022: €15k
2023: €7k
2018 → 2024
Working capital
€42k▲ 122%
2023 · €19k
2018: €18k
2019: €35k
2020: €-23k
2021: €190
2022: €10k
2023: €19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-22k-€19k€34k▲ 75.7%€41k▲ 22.0%€56k▲ 35.1%
Operating result€6k-€45k▲ 705%€17k▼ 60.8%€13k▼ 22.8%€24k▲ 76.3%
Net result€4k-€41k▲ 1,011%€15k▼ 64.6%€7k▼ 49.0%€14k▲ 95.0%
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 2024; 2024 is 76% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €373k
Fixed assets
€141k▲ 46.7%
Current assets
€232k▲ 6.0%
Equity and liabilities €373k
Equity
€56k▲ 35.1%
Debt
€317k▲ 15.9%
The debt ratio falls from 86.9% to 85.1%: equity grows faster than debt.
Key figures and ratios
EBITDA
€48k▲
2023 · €33k
Cash flow
€39k▲
2023 · €27k
Solvency
14.9%▲
2023 · 13.1%
Current ratio
1.22▲
2023 · 1.10
Quick ratio
0.93▼
2023 · 0.94
Debt / equity
5.70▼
2023 · 6.64
ROE
26.0%▲
2023 · 18.0%
ROA
3.9%▲
2023 · 2.4%
Interest coverage
8.26▼
2023 · 8.74
Debt
€317k▲
2023 · €274k
Debt ≤ 1 year
€189k▼
2023 · €199k
Debt > 1 year
€128k▲
2023 · €74k
Income taxes
€3k▲
2023 · €2k
Staff costs
€120k▲
2023 · €100k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€315k€373k▲
Fixed assets21/28€96k€141k▲
Tangible fixed assets22/27€96k€141k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€24k€19k▼
Other tangible fixed assets26€67k€119k▲
Financial fixed assets28€1€1=
Current assets29/58€219k€232k▲
Stocks and contracts in progress3€31k€56k▲
Stocks30/36€31k€56k▲
Amounts receivable within one year40/41€177k€171k▼
Trade receivables40€10k€13k▲
Other amounts receivable41€168k€159k▼
Cash at bank and in hand54/58€10k€4k▼
Equity and liabilities
Total equity and liabilities10/49€315k€373k▲
Equity10/15€41k€56k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€23k€37k▲
Amounts payable17/49€274k€317k▲
Amounts payable after more than one year17€74k€128k▲
Financial debts170/4€74k€128k▲
Amounts payable within one year42/48€199k€189k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€24k€33k▲
Suppliers440/4€24k€33k▲
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€11k€19k▲
Taxes450/3€5k€12k▲
Remuneration and social security454/9€7k€7k▼
Other amounts payable47/48€149k€124k▼
Income statement
Code20232024
Remuneration, social security and pensions62€100k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€25k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€134k€170k▲
Operating profit (loss)9901€13k€24k▲
Financial income75/76B€52€39▼
Recurring financial income75€52€39▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€10k€18k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€7k€14k▲
Profit (loss) for the period to be appropriated9905€7k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€37k▲
Profit (loss) brought forward from the previous period14P€15k€23k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €41k ▲1011%
Operating result €45k, net result €41k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €4k ▼77.3%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Beersel · 2 establishment units since 2001
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.
Waterpoel 751652 BeerselGround area
1,378 m²
Building footprint
342 m²
Volume, LiDAR
2,184 m³
2 parcels, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
JO & KO
since 20012.100.221.828
Muselet
since 20202.305.906.467
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23001C0019/00F000 | Flanders | 1,189 m² | 1 · 153 m² | 7.0 m · 2 fl. |
| 23001B0038/00P000 | Flanders | 189 m² | 1 · 190 m² | 12.9 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeersel2.305.906.467
Similar companies · same sector, comparable size
LA SIESTA OOSTENDE
BE 0842.461.826
Oostende · Eq €56k
FRANCO PANAMA LAMY
BE 0632.756.437
Hastière · Eq €56k
Farid Hafiz
BE 0728.661.327
Antwerpen · Eq €56k
SRL SUGOI
BE 0732.614.076
Liège · Eq €56k
TRAITEUR PIERRE HOSSELET
BE 0685.706.658
Fernelmont · Eq €56k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,748 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2001
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.