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Jo's

Active
Private limited companyfounded 20242 yrs activeBrederodestraat 6, 2018 Antwerpen, BelgiumKBO/BCE: BE 1012.962.486
Summary

The computed 12-month bankruptcy probability of Jo's is 7.9% (elevated). The 2025 annual accounts show negative equity (-€302) and a net result of -€10,302. Its solvency ranks better than 23% of 13560 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency20
Growth-
Track record67
Bankruptcy probability, 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09; short-term debt: 105.3% and cash: 1.5% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-5.3%
Return on assets
-179%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 1 filing
Deviation from the deadline
2025
24 d late
← before the deadline after the deadline →
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

History

Jo's was incorporated on 29 August 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€302
Total assets
€5,756
Net result
-€10,302
Working capital
-€5,496

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €5,756
Fixed assets €5,194
Current assets €562
Key figures and ratios
2025 value
EBITDA
-€8,389
Cash flow
-€8,600
Solvency
-5.3%
Current ratio
0.09
ROA
-179.0%
Interest coverage
-38.04
Debt
€6,059
Debt ≤ 1 year
€6,059
Equity ratios withheld: equity of -€302 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 7.9% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,663 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
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€5,756
Fixed assets21/28€5,194
Tangible fixed assets22/27€5,194
Land and buildings22€808
Plant, machinery and equipment23€4,386
Current assets29/58€562
Amounts receivable within one year40/41€474
Other amounts receivable41€474
Cash at bank and in hand54/58€89
Equity and liabilities
Total equity and liabilities10/49€5,756
Equity10/15-€302
Contributions10/11€10,000
Profit (loss) carried forward14-€10,302
Amounts payable17/49€6,059
Amounts payable within one year42/48€6,059
Trade debts44€1,150
Suppliers440/4€1,150
Other amounts payable47/48€4,909
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,703
Other operating charges640/8€1,003
Gross operating margin9900-€7,386
Operating profit (loss)9901-€10,092
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€221
Recurring financial charges65€221
Profit (loss) for the period before taxes9903-€10,302
Profit (loss) for the period9904-€10,302
Profit (loss) for the period to be appropriated9905-€10,302
Appropriation of the result
Profit (loss) to be appropriated9906-€10,302

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,703
Other operating charges640/8€1,003
Gross operating margin9900-€7,386
Operating profit (loss)9901-€10,092
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€221
Recurring financial charges65€221
Profit (loss) for the period before taxes9903-€10,302
Profit (loss) for the period9904-€10,302
Profit (loss) for the period to be appropriated9905-€10,302
Line2025
Assets
Total assets20/58€5,756
Fixed assets21/28€5,194
Tangible fixed assets22/27€5,194
Land and buildings22€808
Plant, machinery and equipment23€4,386
Current assets29/58€562
Amounts receivable within one year40/41€474
Other amounts receivable41€474
Cash at bank and in hand54/58€89
Equity and liabilities
Total equity and liabilities10/49€5,756
Equity10/15-€302
Contributions10/11€10,000
Profit (loss) carried forward14-€10,302
Amounts payable17/49€6,059
Amounts payable within one year42/48€6,059
Trade debts44€1,150
Suppliers440/4€1,150
Other amounts payable47/48€4,909
Line2025
Profit (loss) for the period9904-€10,302
+ Depreciation and write-downs630€1,703
Operating cash flow (approximation)-€8,600

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
53 m²
Building footprint
53 m²
Volume, LiDAR
825 m³
Parcel 11811L3612/00B002, Flanders · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Jo's
Brederodestraat 6, 2018 AntwerpenLimited-service restaurants
since 20242.363.692.832
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3612/00B002 Flanders 53 m² 1 · 53 m² 17.1 m · 5 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012962486
Also 9925:BE1012962486
Registered 28-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.