JOCANAS
ActiveSummary
The computed 12-month bankruptcy probability of JOCANAS is 2.6% (moderate). The annual accounts of JOCANAS for fiscal year 2024 show a net loss of 99% of total assets and of 87% of the equity at the start of that year. The 2024 annual accounts show equity of €6k and a net result of €-38k. Equity is shrinking by ~13.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 38% of 18936 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency40▼-35
Growth22=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.5 against 1.41 in 2023; short-term debt: 85.1% and cash: 13.2% of total assets), and 85.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 · 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 2024Solvency, return and age of the figures
Solvency
14.9%
Return on assets
-99.4%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-38k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
23 d late
2022
7 d late
2021
19 d late
2020
30 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€95k▼ 39.7%
2023 · €157k
EBIT margin
-39.5%▲ 11.8pp
2023 · -51.3%
Net result
€-38k▲ 53.2%
2023 · €-81k
Working capital
€-16k
2023 · €16k
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
Line20202021202220232024
Turnover€222k▼ 24.9%€219k€157k▼ 28.2%€95k▼ 39.7%
Operating result€25k▲ 1,962%€-13k€29k€-81k€-37k▲ 53.6%
Net result€21k▲ 28,451%€-15k€28k€-81k€-38k▲ 53.2%
EBIT margin11.2%▲ 10.8pp13.4%-51.3%▼ 64.7pp-39.5%▲ 11.8pp
Equity€113k▲ 21.1%€97k▼ 13.7%€125k▲ 28.6%€44k▼ 65.0%€6k▼ 87.0%
Total assets€135k▲ 22.6%€131k▼ 3.0%€157k▲ 20.0%€87k▼ 44.4%€38k▼ 56.1%
Debt€22k▲ 31.1%€33k▲ 51.7%€32k▼ 4.9%€43k▲ 37.0%€33k▼ 24.9%
Working capital€65k▲ 33.5%€60k▼ 7.6%€91k▲ 50.8%€16k▼ 82.7%€-16k
Staff (FTE)1.6▲ 23.1%2.4▲ 50.0%2▼ 16.7%1.8▼ 10.0%1.8=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2024 against €81k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€22k ▼ 33.2%
Current assets
€16k ▼ 69.9%
Equity and liabilities €38k
Equity
€6k ▼ 87.0%
Debt
€33k ▼ 24.9%
Debt's share of the balance-sheet total rises from 49.8% to 85.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-27k▲
2023 · €-68k
Cash flow
€-27k▲
2023 · €-69k
Current ratio
0.50▼
2023 · 1.41
Quick ratio
0.47▼
2023 · 1.18
Debt to equity
5.72▲
2023 · 0.99
ROE
-668.4%▼
2023 · -185.8%
ROA
-99.4%▼
2023 · -93.3%
Interest coverage
-39.45▲
2023 · -110.00
Debt ≤ 1 year
€33k▼
2023 · €39k
Income taxes
€0▼
2023 · €629
Staff costs
€-421▼
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €222k | - | €219k | €157k | €95k | ▼ 39.7% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €189k | €205k | €132k | ▼ 35.5% |
| Remuneration, social security and pensions62 | - | €3k | €13k | €20k | €-421 | ▼ 102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €13k | €14k | €12k | €11k | ▼ 11.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €7k | €8k | €16k | €17k | ▲ 6.5% |
| Non-recurring operating charges66A | - | - | €700 | €1k | €9k | ▲ 647% |
| Gross operating margin9900 | €58k | €10k | €65k | €-31k | €-1k | ▲ 95.7% |
| Operating profit (loss)9901 | €25k | €-13k | €29k | €-81k | €-37k | ▲ 53.6% |
| Financial income75/76B | - | €3 | €8 | €546 | €0 | ▼ 99.9% |
| Recurring financial income75 | €158 | €3 | €8 | €546 | €0 | ▼ 99.9% |
| Financial charges65/66B | - | €1k | €495 | €621 | €672 | ▲ 8.2% |
| Recurring financial charges65 | €277 | €1k | €495 | €621 | €672 | ▲ 8.2% |
| Profit (loss) for the period before taxes9903 | €25k | €-14k | €29k | €-81k | €-38k | ▲ 52.8% |
| Income taxes67/77 | €3k | €1k | €1k | €629 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | €21k | €-15k | €28k | €-81k | €-38k | ▲ 53.2% |
| Profit (loss) for the period to be appropriated9905 | €21k | €-15k | €28k | €-81k | €-38k | ▲ 53.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €135k | €131k | €157k | €87k | €38k | ▼ 56.1% |
| Fixed assets21/28 | €48k | €49k | €38k | €33k | €22k | ▼ 33.2% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €42k | €43k | €32k | €27k | €16k | ▼ 40.8% |
| Land and buildings22 | - | €14k | €11k | €8k | €6k | ▼ 30.7% |
| Plant, machinery and equipment23 | - | €13k | €9k | €5k | €2k | ▼ 56.3% |
| Furniture and vehicles24 | - | €17k | €12k | €14k | €8k | ▼ 41.7% |
| Financial fixed assets28 | €6k | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €87k | €82k | €119k | €54k | €16k | ▼ 69.9% |
| Stocks and contracts in progress3 | €5k | €5k | €10k | €9k | €993 | ▼ 88.8% |
| Stocks30/36 | - | €5k | €10k | €9k | €993 | ▼ 88.8% |
| Amounts receivable within one year40/41 | €56k | €54k | €75k | €23k | €5k | ▼ 77.7% |
| Trade receivables40 | - | €5k | €11k | - | €448 | - |
| Other amounts receivable41 | - | €49k | €64k | €23k | €5k | ▼ 79.7% |
| Current investments50/53 | €7k | €189 | €2k | €11 | €11 | ▲ 0.7% |
| Cash at bank and in hand54/58 | €12k | €17k | €26k | €8k | €5k | ▼ 37.5% |
| Deferred charges and accrued income490/1 | - | €6k | €6k | €15k | €5k | ▼ 64.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €135k | €131k | €157k | €87k | €38k | ▼ 56.1% |
| Equity10/15 | €113k | €97k | €125k | €44k | €6k | ▼ 87.0% |
| Contributions10/11 | €12k | €12k | €14k | €14k | €12k | ▼ 13.0% |
| Reserves13 | €2k | €2k | €0 | - | €2k | - |
| Non-distributable reserves130/1 | - | €2k | €0 | - | €2k | - |
| Reserves not available under the articles1311 | - | €2k | - | - | €2k | - |
| Profit (loss) carried forward14 | €99k | €83k | €111k | €30k | €-9k | ▼ 129% |
| Amounts payable17/49 | €22k | €33k | €32k | €43k | €33k | ▼ 24.9% |
| Amounts payable within one year42/48 | €22k | €21k | €28k | €39k | €33k | ▼ 15.5% |
| Trade debts44 | €0 | €896 | €10k | €15k | €0 | ▼ 100% |
| Suppliers440/4 | - | €896 | €10k | €15k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €21k | €19k | €24k | €810 | ▼ 96.6% |
| Taxes450/3 | - | €12k | €9k | €10k | €810 | ▼ 91.5% |
| Remuneration and social security454/9 | - | €9k | €9k | €14k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | - | €32k | - |
| Accrued charges and deferred income492/3 | - | €12k | €3k | €5k | €18 | ▼ 99.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €-15k | €28k | €-81k | €-38k | ▲ 53.2% |
| + Depreciation and write-downs630 | €11k | €13k | €14k | €12k | €11k | ▼ 11.7% |
| Operating cash flow (approximation) | €32k | €-2k | €42k | €-69k | €-27k | ▲ 60.6% |
| Investment in fixed assets (approximation) | - | €-15k | €-3k | €-7k | €0 | ▲ 100% |
| Change in cash | - | €5k | €9k | €-18k | €-3k | ▲ 83.2% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €-81k
Net result drops to €-81k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Equity above €100kEq €125k ▲28.6%
Equity rises from €97k to €125k.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100kEq €113k ▲21.1%
3 profitable years in a row build equity to €113k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 183 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 2008
Ground area
200 m²
Building footprint
75 m²
Volume, LiDAR
1,116 m³
Parcel 62817B0730/00C002, Wallonia · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue Grétry 75, 4020 Liège
since 20082.170.247.613
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0730/00C002 | Wallonia | 200 m² | 1 · 75 m² | 16.0 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.170.247.613
Similar companies · same sector, comparable size
Jacob
BE 0821.810.922
Pelt · Eq €5,699
BRASSERIE JULES
BE 0506.893.096
Evere · Eq €5,706
POLIVES
BE 0800.978.191
Mechelen · Eq €5,713
Jago's entertainment
BE 0844.183.179
Antwerpen · Eq €5,686
Oriental Foods
BE 0425.400.131
Liège · Eq €5,718
Of 14,006 companies in sector 56301 we hold annual accounts for 4,888. 2,941 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
Founded16-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.