JOCO ESTATE
The computed 12-month bankruptcy probability of JOCO ESTATE is 1.0% (low). The 2024 annual accounts show equity of €36k and a net result of €-101k. Equity is shrinking by ~44.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 29% of 4967 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €36k |
| Net result | €-101k |
| Better than sector | 29% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.8% | 16.7% | |
| Net result | €-101k | €2k | |
| Equity | €36k | €27k | |
| Gross operating margin | €187k | €27k | |
| Total assets | €4.74M | €302k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €184k |
| Net profit | €-101k |
| Cash flow | €40k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4.74M |
| Equity | €36k |
| Debt | €4.70M |
| of which ≤ 1y | €132k |
| of which > 1y | €4.57M |
| Working capital | €-119k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.10 |
| Quick ratio | 0.10 |
| Working capital ratio | -2.5% |
| Solvency | 0.8% |
| Debt / equity | 130.43 |
| Long-term debt ratio | 126.76 |
| Interest coverage | 1.27 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.1% |
| ROE | -280.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.74M |
| Fixed assets | 21/28 | €4.73M |
| Tangible fixed assets | 22/27 | €4.73M |
| Current assets | 29/58 | €14k |
| Amounts receivable within one year | 40/41 | €563 |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.74M |
| Equity | 10/15 | €36k |
| Contributions / capital | 10/11 | €300k |
| Accumulated profits (losses) | 14 | €-264k |
| Amounts payable | 17/49 | €4.70M |
| Amounts payable after one year | 17 | €4.57M |
| Amounts payable within one year | 42/48 | €132k |
| Trade debts payable within one year | 44 | €429 |
| Income statement | ||
| Gross operating margin | 9900 | €187k |
| Operating result | 9901 | €43k |
| Financial income | 75 | €11 |
| Financial charges | 65 | €145k |
| Result before taxes | 9903 | €-101k |
| Net result for the period | 9904 | €-101k |
| Result to be appropriated | 9905 | €-101k |
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 01-04-2022 |
| Status | Active |
| Postal code | 5081 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
| Legal nameFR | JOCO ESTATE |