JOACHIM VOET

Active

Private limited companyfounded 20205 yrs activeVrouwenboomstraat 31, 8700 Tielt, BelgiumKBO/BCE: BE 0757.974.826

JOACHIM VOET has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €748k and a net result of €249k. Equity is growing by ~50.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

91 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability94▲+3

Solvency85▲+16

Growth78=

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €65k at 30 days acceptable

Liquidity ample (current ratio 2.06 against 1.53 in 2023; short-term debt: 16.1% and cash: 31.1% of total assets), and 40% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 01

Relative position

BE, all sectors

reference

Sector 01

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

60%

Return on assets

19.9%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

6 d early

2023

2 d early

2022

28 d early

2021

11 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€748k▲ 49.8%

2023 · €499k

2021: €134k 2022: €301k 2023: €499k

2021 → 2024

Total assets

€1.25M▲ 10.2%

2023 · €1.13M

2021: €888k 2022: €1.05M 2023: €1.13M

2021 → 2024

Net result

€249k▲ 25.5%

2023 · €198k

2021: €133k 2022: €167k 2023: €198k

2021 → 2024

Working capital

€212k▲ 83.0%

2023 · €116k

2021: €-179k 2022: €34k 2023: €116k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€134k-€301k▲ 125%€499k▲ 65.8%€748k▲ 49.8%

Operating result€44k-€237k▲ 433%€282k▲ 18.9%€349k▲ 23.8%

Net result€133k-€167k▲ 26.4%€198k▲ 18.3%€249k▲ 25.5%

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

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2024 is 24% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.25M

66.9%

33.1%

Fixed assets €834k▲ 4.8%

Current assets €412k▲ 22.9%

Equity and liabilities €1.25M

60.0%

40.0%

Equity €748k▲ 49.8%

Debt €499k▼ 21.1%

The debt ratio falls from 55.9% to 40.0%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€354k▲

2023 · €282k

Cash flow

€254k▲

2023 · €199k

Solvency

60.0%▲

2023 · 44.1%

Current ratio

2.06▲

2023 · 1.53

Quick ratio

2.06▲

2023 · 1.53

Debt / equity

0.67▼

2023 · 1.27

ROE

33.2%▼

2023 · 39.7%

ROA

19.9%▲

2023 · 17.5%

Interest coverage

25.50▲

2023 · 19.88

Debt

€499k▼

2023 · €632k

Debt ≤ 1 year

€201k▼

2023 · €220k

Debt > 1 year

€287k▼

2023 · €412k

Income taxes

€86k▲

2023 · €69k

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€1.13M€1.25M▲

Fixed assets21/28€796k€834k▲

Tangible fixed assets22/27€25k€63k▲

Plant, machinery and equipment23-€2k

Furniture and vehicles24-€6k

Other tangible fixed assets26€25k€56k▲

Financial fixed assets28€771k€771k=

Current assets29/58€336k€412k▲

Amounts receivable within one year40/41€48k€21k▼

Trade receivables40€48k€21k▼

Other amounts receivable41€71€39▼

Cash at bank and in hand54/58€285k€388k▲

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€1.13M€1.25M▲

Equity10/15€499k€748k▲

Contributions10/11€1k€1k=

Reserves13€498k€747k▲

Distributable reserves133€498k€747k▲

Amounts payable17/49€632k€499k▼

Amounts payable after more than one year17€412k€287k▼

Financial debts170/4€412k€287k▼

Amounts payable within one year42/48€220k€201k▼

Current portion of amounts payable after more than one year42€92k€92k▲

Trade debts44€3k€2k▼

Suppliers440/4€3k€2k▼

Taxes, remuneration and social security45€80k€104k▲

Taxes450/3€80k€104k▲

Other amounts payable47/48€46k€2k▼

Accrued charges and deferred income492/3€115€11k▲

Income statement Code20232024

Non-recurring operating income76A€16k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€468€5k▲

Other operating charges640/8€2k€2k▲

Non-recurring operating charges66A€0-

Gross operating margin9900€284k€356k▲

Operating profit (loss)9901€282k€349k▲

Financial charges65/66B€14k€14k▼

Recurring financial charges65€14k€14k▼

Profit (loss) for the period before taxes9903€267k€335k▲

Income taxes67/77€69k€86k▲

Profit (loss) for the period9904€198k€249k▲

Profit (loss) for the period to be appropriated9905€198k€249k▲

Appropriation of the result

Profit (loss) to be appropriated9906€198k€249k▲

Transfer to equity691/2€198k€249k▲

To other reserves6921€198k€249k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 4Filings 4

2025

25-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2021net €249k ▲25.5%

Operating result €349k, net result €249k, both a record.

31-12

Financial Equity above €500kEq €748k ▲49.8%

4 profitable years in a row build equity to €748k.

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

03-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Liquidity triplescurrent ratio 1.14

Current ratio from 0.39 to 1.14; short-term debt falls from €293k to €240k.

31-12

Financial Equity above €200kEq €301k ▲125%

2 profitable years in a row build equity to €301k.

20-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Tielt · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Vrouwenboomstraat 318700 Tielt

Ground area

1.0 ha

Building footprint

171 m²

Volume, LiDAR

841 m³

Parcel 37015B0536/00D000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

JOACHIM VOET

Vrouwenboomstraat 31, 8700 TieltGrowing of vegetables, melons, roots and tubers

since 20202.309.635.227

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
37015B0536/00D000	Flanders	1.0 ha	1 · 170 m²	7.9 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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, comparable size

Richard Dumont et Fils

Burg-Reuland · Eq €750k

Of 20,598 companies in sector 01500 we hold annual accounts for 1,149. 844 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded10-11-2020

Fiscal year end31-12

Activities, NACEBEL

01500Mixed farming

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 4 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.