JOCA
ActiveSummary
JOCA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €38,862. Equity is growing by ~2.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350,000 at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.11 in 2024; short-term debt: 14% and cash: 0.3% of total assets), and 14.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
85.9%
Return on assets
0.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 30-06-2025, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not confirmed
2025
62 d early
2024
61 d early
2023
65 d early
2022
65 d early
2021
56 d early
2020
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 62 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€4.6m▲ 0.8%
2024 · €4.6m
Total assets
€5.4m▼ 2.6%
2024 · €5.5m
Net result
€38,862▼ 9.5%
2024 · €42,952
Working capital
-€731,399▲ 12.3%
2024 · -€834,165
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€11,265-€6,119▲ 45.7%-€17,156▼ 180%€42,627€39,020▼ 8.5%
Net result-€15,809-€7,292▲ 53.9%-€19,344▼ 165%€42,952€38,862▼ 9.5%
Equity€1.6m▼ 1.0%€1.6m▼ 0.5%€1.5m▼ 1.2%€4.6m▲ 197%€4.6m▲ 0.8%
Total assets€2.2m▼ 2.2%€2.2m▼ 2.1%€2.1m▼ 0.8%€5.5m▲ 157%€5.4m▼ 2.6%
Debt€641,194▼ 5.0%€602,518▼ 6.0%€604,182▲ 0.3%€940,684▲ 55.7%€756,120▼ 19.6%
Working capital-€634,475▼ 4.0%-€589,643▲ 7.1%-€573,549▲ 2.7%-€834,165▼ 45.4%-€731,399▲ 12.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.4m
Fixed assets
€5.4m ▼ 1.1%
Current assets
€20,807 ▼ 80.1%
Equity and liabilities €5.4m
Equity
€4.6m ▲ 0.8%
Debt
€756,120 ▼ 19.6%
Debt's share of the balance-sheet total falls from 17.0% to 14.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€168,308▲
2024 · €141,501
Cash flow
€168,151▲
2024 · €141,827
Current ratio
0.03▼
2024 · 0.11
Debt to equity
0.16▼
2024 · 0.21
ROE
0.8%▼
2024 · 0.9%
ROA
0.7%▼
2024 · 0.8%
Interest coverage
1516.57▼
2024 · 2273.11
Debt ≤ 1 year
€752,206▼
2024 · €938,764
Income taxes
€575▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 14,733 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,978 | €52,124 | €51,645 | €98,875 | €129,289 | ▲ 30.8% |
| Other operating charges640/8 | - | €8,951 | €9,121 | €10,035 | €55,306 | ▲ 451% |
| Gross operating margin9900 | €49,578 | €54,956 | €43,609 | €151,536 | €223,615 | ▲ 47.6% |
| Operating profit (loss)9901 | -€11,265 | -€6,119 | -€17,156 | €42,627 | €39,020 | ▼ 8.5% |
| Financial income75/76B | - | - | - | €388 | €528 | ▲ 36.1% |
| Recurring financial income75 | - | - | - | €388 | €528 | ▲ 36.1% |
| Financial charges65/66B | - | €1,173 | €35 | €62 | €111 | ▲ 78.3% |
| Recurring financial charges65 | €4,544 | €1,173 | €35 | €62 | €111 | ▲ 78.3% |
| Profit (loss) for the period before taxes9903 | -€15,809 | -€7,292 | -€17,191 | €42,952 | €39,437 | ▼ 8.2% |
| Income taxes67/77 | - | - | €2,154 | €0 | €575 | - |
| Profit (loss) for the period9904 | -€15,809 | -€7,292 | -€19,344 | €42,952 | €38,862 | ▼ 9.5% |
| Profit (loss) for the period to be appropriated9905 | -€15,809 | -€7,292 | -€19,344 | €42,952 | €38,862 | ▼ 9.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.2m | €2.1m | €5.5m | €5.4m | ▼ 2.6% |
| Fixed assets21/28 | €2.2m | €2.2m | €2.1m | €5.4m | €5.4m | ▼ 1.1% |
| Tangible fixed assets22/27 | €2.2m | €2.2m | €2.1m | €5.4m | €5.4m | ▼ 1.1% |
| Land and buildings22 | - | €2.2m | €2.1m | €5.4m | €5.4m | ▼ 1.2% |
| Plant, machinery and equipment23 | - | - | €1,077 | €841 | €605 | ▼ 28.0% |
| Furniture and vehicles24 | - | - | €1,350 | €837 | €1,550 | ▲ 85.2% |
| Current assets29/58 | €6,719 | €12,876 | €29,433 | €104,599 | €20,807 | ▼ 80.1% |
| Amounts receivable within one year40/41 | - | - | - | €116 | €275 | ▲ 136% |
| Other amounts receivable41 | - | - | - | €116 | €275 | ▲ 136% |
| Current investments50/53 | - | - | - | €85,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €4,244 | €10,258 | €26,190 | €11,690 | €14,517 | ▲ 24.2% |
| Deferred charges and accrued income490/1 | - | €2,618 | €3,243 | €7,793 | €6,015 | ▼ 22.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.2m | €2.1m | €5.5m | €5.4m | ▼ 2.6% |
| Equity10/15 | €1.6m | €1.6m | €1.5m | €4.6m | €4.6m | ▲ 0.8% |
| Contributions10/11 | - | €62,000 | €62,000 | €3.1m | €3.1m | = |
| Capital10 | - | - | - | €3.1m | €3.1m | = |
| Issued capital100 | - | - | - | €3.1m | €3.1m | = |
| Outside capital11 | - | €62,000 | €62,000 | €0 | - | - |
| Other1109/19 | - | €62,000 | €62,000 | €0 | - | - |
| Reserves13 | €978,836 | €978,836 | €978,836 | €978,836 | €978,836 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | €6,200 | €6,200 | €0 | - | - |
| Tax-exempt reserves132 | - | €37,500 | €37,500 | €37,500 | €37,500 | = |
| Distributable reserves133 | - | €935,136 | €935,136 | €935,136 | €935,136 | = |
| Profit (loss) carried forward14 | €528,464 | €521,173 | €501,828 | €544,781 | €583,643 | ▲ 7.1% |
| Amounts payable17/49 | €641,194 | €602,518 | €604,182 | €940,684 | €756,120 | ▼ 19.6% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €641,194 | €602,518 | €602,982 | €938,764 | €752,206 | ▼ 19.9% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Trade debts44 | €790 | €1,328 | €1,994 | €798 | €205 | ▼ 74.4% |
| Suppliers440/4 | - | €1,328 | €1,994 | €798 | €205 | ▼ 74.4% |
| Other amounts payable47/48 | - | €601,191 | €600,988 | €937,966 | €752,002 | ▼ 19.8% |
| Accrued charges and deferred income492/3 | - | - | €1,200 | €1,920 | €3,914 | ▲ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,809 | -€7,292 | -€19,344 | €42,952 | €38,862 | ▼ 9.5% |
| + Depreciation and write-downs630 | €51,978 | €52,124 | €51,645 | €98,875 | €129,289 | ▲ 30.8% |
| Operating cash flow (approximation) | €36,169 | €44,832 | €32,300 | €141,827 | €168,151 | ▲ 18.6% |
| Investment in fixed assets (approximation) | - | €0 | -€17,407 | -€3.4m | -€67,379 | ▲ 98.0% |
| Change in cash | - | €6,014 | €15,932 | -€14,500 | €2,827 | ▲ 119% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Back to profitnet €42,952
Net result €42,952 after 3 loss-making years.
31-01
Financial
Equity above €2mEq €4.6m ▲197%
Equity rises from €1.5m to €4.6m.
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-01
Financial
Back to profitnet €42,560
Net result €42,560 after one loss-making year.
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Aalst · 1 establishment unit since 1993
Ground area
1,443 m²
Building footprint
1,279 m²
Volume, LiDAR
2,199 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JOCA
since 19932.064.332.323
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0709/00E000 | Flanders | 1,127 m² | 1 · 963 m² | - |
| 41014A0234/00A000 | Flanders | 316 m² | 1 · 316 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded20-08-1993
Fiscal year end31-01
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450728316
Also
9925:BE0450728316
Registered
05-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.