JOEBA
ActiveSummary
JOEBA has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €81k. Its solvency ranks better than 81% of 1544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▲+9
Growth52
Track record82
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity ample (current ratio 2.06 against 1.01 in 2024; short-term debt: 31.5% and cash: 34.3% of total assets), and 31.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
68.4%
Return on assets
32.9%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
18 d early
2024
28 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€169k▲ 92.5%
2024 · €88k
2024: €88k
2024 → 2025
Total assets
€247k▲ 66.0%
2024 · €149k
2024: €149k
2024 → 2025
Net result
€81k▼ 4.2%
2024 · €85k
2024: €85k
2024 → 2025
Working capital
€83k▲ 16,251%
2024 · €506
2024: €506
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€88k-€169k▲ 92.5%
Operating result€114k-€101k▼ 11.2%
Net result€85k-€81k▼ 4.2%
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 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247k
Fixed assets
€86k ▼ 1.1%
Current assets
€161k ▲ 161%
Equity and liabilities €247k
Equity
€169k ▲ 92.5%
Debt
€78k ▲ 27.7%
Debt's share of the balance-sheet total falls from 41.0% to 31.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€122k▼
2024 · €132k
Cash flow
€102k▼
2024 · €103k
Current ratio
2.06▲
2024 · 1.01
Quick ratio
2.03▲
2024 · 0.96
Debt to equity
0.46▼
2024 · 0.69
ROE
48.1%▼
2024 · 96.6%
ROA
32.9%▼
2024 · 57.0%
Interest coverage
1445.88▼
2024 · 26754.22
Debt ≤ 1 year
€78k▲
2024 · €61k
Income taxes
€21k▼
2024 · €29k
Staff costs
€50k▲
2024 · €39k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€149k€247k▲
Fixed assets21/28€87k€86k▼
Intangible fixed assets21€1k€975▼
Tangible fixed assets22/27€86k€85k▼
Plant, machinery and equipment23€84k€67k▼
Furniture and vehicles24€1k€18k▲
Other tangible fixed assets26€1k€812▼
Current assets29/58€62k€161k▲
Stocks and contracts in progress3€3k€2k▼
Stocks30/36€3k€2k▼
Amounts receivable within one year40/41€781€35k▲
Trade receivables40€781€1k▲
Other amounts receivable41-€33k
Current investments50/53-€35k
Cash at bank and in hand54/58€55k€85k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€149k€247k▲
Equity10/15€88k€169k▲
Contributions10/11€3k€3k=
Reserves13€85k€166k▲
Distributable reserves133€85k€166k▲
Amounts payable17/49€61k€78k▲
Amounts payable within one year42/48€61k€78k▲
Trade debts44€7k€24k▲
Suppliers440/4€7k€24k▲
Taxes, remuneration and social security45€34k€54k▲
Taxes450/3€32k€52k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€20k€0▼
Accrued charges and deferred income492/3-€39
Income statement
Code20242025
Remuneration, social security and pensions62€39k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€21k▲
Other operating charges640/8-€371
Gross operating margin9900€171k€173k▲
Operating profit (loss)9901€114k€101k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€5€84▲
Recurring financial charges65€5€84▲
Profit (loss) for the period before taxes9903€114k€102k▼
Income taxes67/77€29k€21k▼
Profit (loss) for the period9904€85k€81k▼
Profit (loss) for the period to be appropriated9905€85k€81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€85k€81k▼
Transfer to equity691/2€85k€81k▼
To other reserves6921€85k€81k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 2.06
Current ratio from 1.01 to 2.06.
31-12
Financial
Equity above €150kEq €169k ▲92.5%
2 profitable years in a row build equity to €169k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Koksijde · 1 establishment unit since 2024
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.
Voetbalpleinstraat(Odk) 78670 KoksijdeGround area
2,747 m²
Building footprint
465 m²
Volume, LiDAR
575 m³
2 parcels, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Warme Bakker
since 20242.364.407.563
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352E0790/00A000 | Flanders | 2,167 m² | 1 · 353 m² | - |
| 38018A0198/00S000 | Flanders | 580 m² | 1 · 112 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 204 EUR awarded · 204 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 204 EUR | 204 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDe Panne2.364.407.563
Similar companies · same sector, comparable size
BAKKERIJ BOECKAERT
BE 0417.837.990
Zulte · Eq €169,405
Cahanaj
BE 0792.684.196
Antwerpen · Eq €168,992
PATISSERIE LANSSENS
BE 0428.664.774
Lokeren · Eq €167,048
TARTINE GOURMANDE
BE 0897.547.730
Zwevegem · Eq €171,859
SAM BAKERY
BE 0758.707.175
Liège · Eq €172,129
Of 511 companies in sector 10711 we hold annual accounts for 329. 231 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
10711Manufacture of food products
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
10820Manufacture of cocoa, chocolate and sugar confectionery
47241Retail sale of bread and pastry (bakery outlets)
47279Other retail sale of food
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:pinson.joeri@gmail.com
Phone:0478286789