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JOAL

Active Private limited company (pre-2019)founded 2011active for 15 yearsJozef Lambrechtslei 23, 2540 HoveKBO/BCE: BE 0839.429.090

Lifetime

14 annual accounts with figures on one time axis
peak €66,185 (2025)
€66,185 
lowest -€74,560 (2012)
€65,408▲ €66,159
peak €440 (2012)
-€128,176▲ €65,408
€206,766▲ 3.4%
Board1 name since 2011
1 director
Documentsfilings and deeds
15-06-202646 days before the deadline
2025abbreviated format
Back to profit: €65,408Equity from -€193,584 to -€128,176

Key points

from the 2025 annual accounts

Equity

-€128,176
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

€65,408 €65,408
-€7512024€65,4002025

Back in profit in 2025, after a loss of €751 in 2024.

Debts

€206,766 263% of the balance sheet
Financial debts 94%Suppliers 3%Taxes and wages 3%

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,633 companies had the same profile as JOAL has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,633 companies, not a prediction for JOAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 19-09-2011
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0839429090
First establishment Better Break, Jozef Lambrechtslei 23, Hove
Incorporation published on 30-09-2011 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
JOAL Hove €78,591 €66,185 -163.1% -
PEOPLE & PROGRESS Putte €118,542 €53,645 62.4% -
MADE BY GEERT Hemiksem €85,546 €45,811 82.3% -
KDC MANAGEMENT Geel €133,829 €83,069 74.7% -
HOLDING CHABART Jurbise €79,456 €53,034 -164.9% -
ADC Wielsbeke €127,085 €60,443 75.2% -
ELS BULTEEL Temse €98,480 €79,451 31.2% -

These companies have the same main activity as JOAL: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €79,500 and €134,000, founded between 2008 and 2015.

Official details

Source: KBO
Status
Active since 19-09-2011Normal situation
Activity
Activities of head officesNACE 70100and 1 other
Establishment unit
2.202.779.9282540 Hove, since 03-10-2011
Financial year end
31 December
Peppol
Reachable since 22-06-2026
Company details

Annual accounts 2025

€78,591▲ 12×
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on JOAL

JOAL files the abbreviated format. That format states no turnover. The gross margin rose from -€50,604 in 2012 to €66,185 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JOAL

What is the company number of JOAL?
The company number of JOAL is 0839.429.090. The VAT number is the same number with BE in front: BE 0839.429.090.
Where is JOAL based?
The registered office is at Jozef Lambrechtslei 23, 2540 Hove.Company details
What does JOAL do?
According to the KBO register, the main activity is activities of head offices (NACE 70100).
What is the legal form of JOAL?
JOAL is a private limited company (pre-2019) (BVBA).
When was JOAL founded?
JOAL was founded on 19-09-2011.
Is JOAL still active?
Yes, JOAL is an active enterprise in the KBO register.
What is the turnover of JOAL?
The turnover of JOAL was €66,185 in financial year 2025, according to the filed annual accounts.Financials
Is JOAL profitable?
In financial year 2025, JOAL made a profit of €65,408.
Where can I find the annual accounts of JOAL?
JOAL filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JOAL due?
JOAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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