JOCO ASBEST
InactiveJOCO ASBEST was declared bankrupt on 24-06-2024 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 24-03-2025, published in the Belgian State Gazette on 27-03-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€10k▲ 25.0%
2021 · €8k
2021: €8k
2021 → 2022
Total assets
€48k▲ 111%
2021 · €23k
2021: €23k
2021 → 2022
Net result
€2k▲ 532%
2021 · €309
2021: €309
2021 → 2022
Working capital
€4k▼ 47.7%
2021 · €8k
2021: €8k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€8k-€10k▲ 25.0%
Operating result€801-€3k▲ 321%
Net result€309-€2k▲ 532%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 321% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €48k
Fixed assets
€10k
Current assets
€38k
Equity and liabilities €48k
Equity
€10k ▲ 25.0%
Debt
€38k ▲ 155%
Debt's share of the balance-sheet total rises from 65.7% to 79.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k
Cash flow
€6k
Current ratio
1.12▼
2021 · 1.52
Quick ratio
1.02▼
2021 · 1.50
Debt to equity
3.92▲
2021 · 1.92
ROE
20.0%▲
2021 · 4.0%
ROA
4.1%▲
2021 · 1.4%
Interest coverage
9.94
Debt ≤ 1 year
€34k▲
2021 · €15k
Debt > 1 year
€4k
Income taxes
€682▲
2021 · €102
Staff costs
€472▼
2021 · €7k
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 · 2022 against 2021 · 46 lines
Balance sheet
Code20212022
Assets
Total assets20/58€23k€48k▲
Fixed assets21/28-€10k
Tangible fixed assets22/27-€10k
Leasing and similar rights25-€10k
Current assets29/58€23k€38k▲
Amounts receivable after more than one year29€6k-
Other amounts receivable291€6k-
Stocks and contracts in progress3€351€3k▲
Stocks30/36€351€3k▲
Amounts receivable within one year40/41€16k€33k▲
Trade receivables40€16k€32k▲
Other amounts receivable41€7€1k▲
Cash at bank and in hand54/58€0€1k▲
Equity and liabilities
Total equity and liabilities10/49€23k€48k▲
Equity10/15€8k€10k▲
Contributions10/11€8k€8k=
Reserves13€309€2k▲
Distributable reserves133€309€2k▲
Amounts payable17/49€15k€38k▲
Amounts payable after more than one year17-€4k
Financial debts170/4-€4k
Amounts payable within one year42/48€15k€34k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€4k€24k▲
Suppliers440/4€4k€24k▲
Taxes, remuneration and social security45€2k€842▼
Taxes450/3€102€842▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€9k€4k▼
Accrued charges and deferred income492/3-€0
Income statement
Code20212022
Remuneration, social security and pensions62€7k€472▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k
Other operating charges640/8€629€662▲
Gross operating margin9900€9k€9k=
Operating profit (loss)9901€801€3k▲
Financial income75/76B€10€43▲
Recurring financial income75€10€43▲
Financial charges65/66B€400€774▲
Recurring financial charges65€400€774▲
Profit (loss) for the period before taxes9903€411€3k▲
Income taxes67/77€102€682▲
Profit (loss) for the period9904€309€2k▲
Profit (loss) for the period to be appropriated9905€309€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€309€2k▲
Transfer to equity691/2€309€2k▲
To other reserves6921€309€2k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · JOCO ASBEST BV KESSEL-DORP 3, 2560 NIJLEN · event 24-03-2025
2024
28-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · JOCO ASBEST BV KESSEL- DORP 3, 2560 NIJLEN · event 24-06-2024
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIESBET JACOBS GROENE LAAN 47, 2830 WILLE-
BROEK |
24-06-2024 → 24-03-2025 |