JOC ENGINEERING
ActiveSummary
JOC ENGINEERING has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186k and a net result of €133k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+9
Solvency93▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.14 against 2.54 in 2024; short-term debt: 31.8% and cash: 45.9% of total assets), and 32.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
67.8%
Return on assets
48.4%
Age of the figures
9 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 10-03-2026, 143 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
143 d early
2024
127 d early
2023
2 d early
2022
26 d early
2021
59 d early
2020
5 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€186k▲ 30.5%
2024 · €142k
2019: €44klowest in 7 years
2020: €87k▲ +97.7% vs 2019
2021: €117k▲ +34.6% vs 2020
2022: €137k▲ +16.9% vs 2021
2023: €176k▲ +28.3% vs 2022
2024: €142k▼ -18.9% vs 2023
2025: €186k▲ +30.5% vs 2024highest in 7 years
2019 → 2025
Total assets
€274k▲ 16.7%
2024 · €235k
2019: €61klowest in 7 years
2020: €103k▲ +68.7% vs 2019
2021: €132k▲ +27.8% vs 2020
2022: €152k▲ +15.4% vs 2021
2023: €190k▲ +24.9% vs 2022
2024: €235k▲ +23.3% vs 2023
2025: €274k▲ +16.7% vs 2024highest in 7 years
2019 → 2025
Net result
€133k▲ 217%
2024 · €42k
2019: €50k
2020: €43k▼ -13.7% vs 2019
2021: €30k▼ -29.9% vs 2020
2022: €20k▼ -34.3% vs 2021lowest in 7 years
2023: €39k▲ +95.9% vs 2022
2024: €42k▲ +7.9% vs 2023
2025: €133k▲ +217% vs 2024highest in 7 years
2019 → 2025
Working capital
€187k▲ 31.3%
2024 · €142k
2019: €44klowest in 7 years
2020: €87k▲ +99.4% vs 2019
2021: €117k▲ +34.6% vs 2020
2022: €138k▲ +17.7% vs 2021
2023: €175k▲ +27.2% vs 2022
2024: €142k▼ -18.9% vs 2023
2025: €187k▲ +31.3% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€137k▲ 16.9%€176k▲ 28.3%€142k▼ 18.9%€186k▲ 30.5%
2021: €117klowest in 5 years
2022: €137k▲ +16.9% vs 2021
2023: €176k▲ +28.3% vs 2022
2024: €142k▼ -18.9% vs 2023
2025: €186k▲ +30.5% vs 2024highest in 5 years
Operating result€42k-€29k▼ 31.8%€53k▲ 85.3%€57k▲ 8.1%€181k▲ 215%
2021: €42k
2022: €29k▼ -31.8% vs 2021lowest in 5 years
2023: €53k▲ +85.3% vs 2022
2024: €57k▲ +8.1% vs 2023
2025: €181k▲ +215% vs 2024highest in 5 years
Net result€30k-€20k▼ 34.3%€39k▲ 95.9%€42k▲ 7.9%€133k▲ 217%
2021: €30k
2022: €20k▼ -34.3% vs 2021lowest in 5 years
2023: €39k▲ +95.9% vs 2022
2024: €42k▲ +7.9% vs 2023
2025: €133k▲ +217% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 215% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €274k
Fixed assets
€147 ▼ 53.0%
Current assets
€274k ▲ 16.8%
Equity and liabilities €274k
Equity
€186k ▲ 30.5%
Debt
€88k ▼ 4.6%
Debt's share of the balance-sheet total falls from 39.3% to 32.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€181k▲
2024 · €57k
Cash flow
€133k▲
2024 · €42k
Current ratio
3.14▲
2024 · 2.54
Debt to equity
0.47▼
2024 · 0.65
ROE
71.4%▲
2024 · 29.4%
ROA
48.4%▲
2024 · 17.8%
Interest coverage
63.71▲
2024 · 22.61
Debt ≤ 1 year
€87k▼
2024 · €92k
Income taxes
€47k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€235k€274k▲
Fixed assets21/28€312€147▼
Tangible fixed assets22/27€312€147▼
Plant, machinery and equipment23€312€147▼
Current assets29/58€234k€274k▲
Amounts receivable within one year40/41€28k€21k▼
Trade receivables40€23k€21k▼
Other amounts receivable41€4k-
Current investments50/53-€125k
Cash at bank and in hand54/58€204k€126k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€235k€274k▲
Equity10/15€142k€186k▲
Contributions10/11€6k€19k▲
Reserves13€136k€167k▲
Distributable reserves133€136k€167k▲
Amounts payable17/49€92k€88k▼
Amounts payable within one year42/48€92k€87k▼
Trade debts44€229€948▲
Suppliers440/4€229€948▲
Taxes, remuneration and social security45€17k€17k▼
Taxes450/3€17k€17k▼
Other amounts payable47/48€75k€70k▼
Accrued charges and deferred income492/3-€918
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€165€165=
Other operating charges640/8€577€1k▲
Gross operating margin9900€58k€182k▲
Operating profit (loss)9901€57k€181k▲
Financial income75/76B€364€2k▲
Recurring financial income75€364€2k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€55k€179k▲
Income taxes67/77€13k€47k▲
Profit (loss) for the period9904€42k€133k▲
Profit (loss) for the period to be appropriated9905€42k€133k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€133k▲
Profit (loss) brought forward from the previous period14P€75k-
Transfer from equity791/2-€32k
Transfer to equity691/2€42k€63k▲
To other reserves6921€42k€63k▲
Profit to be distributed694/7€75k€102k▲
Return on contributions (dividend)694€75k€102k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | €18 | €165 | €165 | = |
| Other operating charges640/8 | €402 | €405 | €687 | €577 | €1k | ▲ 91.0% |
| Gross operating margin9900 | €42k | €29k | €54k | €58k | €182k | ▲ 213% |
| Operating profit (loss)9901 | €42k | €29k | €53k | €57k | €181k | ▲ 215% |
| Financial income75/76B | - | €1 | €0 | €364 | €2k | ▲ 359% |
| Recurring financial income75 | - | €1 | €0 | €364 | €2k | ▲ 359% |
| Financial charges65/66B | €956 | €825 | €774 | €3k | €3k | ▲ 11.6% |
| Recurring financial charges65 | €956 | €825 | €774 | €3k | €3k | ▲ 11.6% |
| Profit (loss) for the period before taxes9903 | €41k | €28k | €52k | €55k | €179k | ▲ 225% |
| Income taxes67/77 | €11k | €8k | €13k | €13k | €47k | ▲ 252% |
| Profit (loss) for the period9904 | €30k | €20k | €39k | €42k | €133k | ▲ 217% |
| Profit (loss) for the period to be appropriated9905 | €30k | €20k | €39k | €42k | €133k | ▲ 217% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €132k | €152k | €190k | €235k | €274k | ▲ 16.7% |
| Fixed assets21/28 | - | - | €477 | €312 | €147 | ▼ 53.0% |
| Tangible fixed assets22/27 | - | - | €477 | €312 | €147 | ▼ 53.0% |
| Plant, machinery and equipment23 | - | - | €477 | €312 | €147 | ▼ 53.0% |
| Current assets29/58 | €132k | €152k | €190k | €234k | €274k | ▲ 16.8% |
| Amounts receivable within one year40/41 | €25k | €24k | €27k | €28k | €21k | ▼ 23.2% |
| Trade receivables40 | €21k | €16k | €24k | €23k | €21k | ▼ 8.7% |
| Other amounts receivable41 | €4k | €8k | €3k | €4k | - | - |
| Current investments50/53 | - | - | - | - | €125k | - |
| Cash at bank and in hand54/58 | €105k | €128k | €160k | €204k | €126k | ▼ 38.3% |
| Deferred charges and accrued income490/1 | €3k | - | €3k | €3k | €2k | ▼ 35.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €132k | €152k | €190k | €235k | €274k | ▲ 16.7% |
| Equity10/15 | €117k | €137k | €176k | €142k | €186k | ▲ 30.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €19k | ▲ 200% |
| Reserves13 | €66k | €76k | €94k | €136k | €167k | ▲ 22.8% |
| Distributable reserves133 | €66k | €76k | €94k | €136k | €167k | ▲ 22.8% |
| Profit (loss) carried forward14 | €44k | €55k | €75k | - | - | - |
| Amounts payable17/49 | €15k | €15k | €15k | €92k | €88k | ▼ 4.6% |
| Amounts payable within one year42/48 | €15k | €15k | €15k | €92k | €87k | ▼ 5.6% |
| Trade debts44 | €854 | €68 | €115 | €229 | €948 | ▲ 313% |
| Suppliers440/4 | €854 | €68 | €115 | €229 | €948 | ▲ 313% |
| Taxes, remuneration and social security45 | €14k | €15k | €15k | €17k | €17k | ▼ 1.4% |
| Taxes450/3 | €14k | €15k | €15k | €17k | €17k | ▼ 1.4% |
| Other amounts payable47/48 | - | €1 | €0 | €75k | €70k | ▼ 7.5% |
| Accrued charges and deferred income492/3 | - | €891 | €0 | - | €918 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €20k | €39k | €42k | €133k | ▲ 217% |
| + Depreciation and write-downs630 | €0 | - | €18 | €165 | €165 | = |
| Operating cash flow (approximation) | €30k | €20k | €39k | €42k | €133k | ▲ 216% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €23k | €32k | €43k | €-78k | ▼ 280% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €133k ▲217%
Operating result €181k, net result €133k, both a record.
31-12
Financial
Equity above €150kEq €186k ▲30.5%
7 profitable years in a row build equity to €186k.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €176k ▲28.3%
5 profitable years in a row build equity to €176k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €20k ▼34.3%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €117k ▲34.6%
3 profitable years in a row build equity to €117k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Leuven · 1 establishment unit since 2018
Ground area
537 m²
Building footprint
159 m²
Volume, LiDAR
908 m³
Parcel 24126D0328/00V002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JOC Engineering
since 20182.274.128.871
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0328/00V002 | Flanders | 537 m² | 1 · 159 m² | 8.4 m · 2 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.
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,780. 1,352 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
Scores and ratios are computed by Checked and are not a credit decision.