Joelle 2015

Active

Private limited companyfounded 20206 yrs activeDiamantlaan 7, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0741.995.659

The computed 12-month bankruptcy probability of Joelle 2015 is 8.6% (elevated). The 2024 annual accounts show equity of €17k and a net result of €-4k. Equity is shrinking by ~33.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 39% of 18942 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

23 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability14▲+14

Solvency41▼-2

Growth55=

Track record100

Bankruptcy probability, 12 months

8.6% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.91 against 0.95 in 2023; short-term debt: 84.3% and cash: 7.3% of total assets), and 84.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

15.7%

Return on assets

-4.2%

Age of the figures

21 mo

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

2021222324

2020 to 2024 · latest year €-4k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

60 d late

2023

268 d late

2022

104 d late

2021

89 d late

2020

104 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€461k▲ 81.5%

2020 · €254k

2020: €254k

2020 → 2022

EBIT margin

-7.9%▼ 21.8pp

2020 · 13.9%

2020: 13.9%

2020 → 2022

Net result

€-4k▲ 89.3%

2023 · €-41k

2020: €33k 2021: €50k 2022: €-33k 2023: €-41k

2020 → 2024

Working capital

€-8k▼ 60.5%

2023 · €-5k

2020: €36k 2021: €70k 2022: €40k 2023: €-5k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€254k-€461k

Equity€46k-€96k▲ 108%€62k▼ 34.8%€21k▼ 66.4%€17k▼ 21.0%

Operating result€35k-€56k▲ 58.4%€-37k€-42k▼ 13.7%€-4k▲ 90.3%

Net result€33k-€50k▲ 49.8%€-33k€-41k▼ 24.2%€-4k▲ 89.3%

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 €4k in 2024 against €42k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €105k

23.2%

76.8%

Fixed assets €24k▼ 5.6%

Current assets €81k▼ 7.7%

Equity and liabilities €105k

15.7%

84.3%

Equity €17k▼ 21.0%

Debt €89k▼ 4.1%

The debt ratio rises from 81.5% to 84.3%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-587▲

2023 · €-39k

Cash flow

€-958▲

2023 · €-39k

Solvency

15.7%▼

2023 · 18.5%

Current ratio

0.91▼

2023 · 0.95

Quick ratio

0.56▼

2023 · 0.77

Debt / equity

5.35▲

2023 · 4.41

ROE

-26.7%▲

2023 · -197.2%

ROA

-4.2%▲

2023 · -36.5%

Interest coverage

-1.06▲

2023 · -87.99

Debt

€89k▼

2023 · €92k

Debt ≤ 1 year

€89k▼

2023 · €92k

Staff costs

€109k▲

2023 · €92k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€113k€105k▼

Fixed assets21/28€26k€24k▼

Tangible fixed assets22/27€16k€15k▼

Plant, machinery and equipment23€6k€4k▼

Furniture and vehicles24€9k€8k▼

Other tangible fixed assets26€2k€3k▲

Financial fixed assets28€10k€10k=

Current assets29/58€88k€81k▼

Stocks and contracts in progress3€16k€31k▲

Stocks30/36€16k€31k▲

Amounts receivable within one year40/41€57k€42k▼

Trade receivables40€16k€527▼

Other amounts receivable41€41k€41k▲

Cash at bank and in hand54/58€2k€8k▲

Deferred charges and accrued income490/1€13k-

Equity and liabilities

Total equity and liabilities10/49€113k€105k▼

Equity10/15€21k€17k▼

Contributions10/11€13k€13k=

Capital10€13k-

Issued capital100€13k-

Profit (loss) carried forward14€8k€4k▼

Amounts payable17/49€92k€89k▼

Amounts payable within one year42/48€92k€89k▼

Trade debts44€5k€725▼

Suppliers440/4€5k€725▼

Taxes, remuneration and social security45€62k€76k▲

Taxes450/3€16k€21k▲

Remuneration and social security454/9€46k€55k▲

Other amounts payable47/48€26k€12k▼

Income statement Code20232024

Remuneration, social security and pensions62€92k€109k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲

Other operating charges640/8€7k€16k▲

Gross operating margin9900€60k€124k▲

Operating profit (loss)9901€-42k€-4k▲

Financial income75/76B€1k€182▼

Recurring financial income75€1k€182▼

Financial charges65/66B€444€553▲

Recurring financial charges65€444€553▲

Profit (loss) for the period before taxes9903€-41k€-4k▲

Income taxes67/77€648-

Profit (loss) for the period9904€-41k€-4k▲

Profit (loss) for the period to be appropriated9905€-41k€-4k▲

Appropriation of the result

Profit (loss) to be appropriated9906€8k€4k▼

Profit (loss) brought forward from the previous period14P€49k€8k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

29-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 60 days late

25-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 268 days late

2023

31-12

Financial Weakest financial yearnet €-41k

Net result drops to €-41k, the lowest in the series; recovery starts the following year.

12-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 104 days late

2022

28-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 89 days late

2021

31-12

Financial Highest result since 2020net €50k ▲49.8%

Operating result €56k, net result €50k, both a record.

12-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 104 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Schaarbeek · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Diamantlaan 71030 Schaarbeek

Ground area

373 m²

Building footprint

62 m²

Volume, LiDAR

913 m³

Parcel 21905C0087/00B006, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

MAISON DU LIBAN

Diamantlaan 7, 1030 SchaarbeekLimited-service restaurants

since 20202.298.971.462

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21905C0087/00B006	Brussels	373 m²	1 · 62 m²	18.5 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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 site

Schaarbeek2.298.971.462

1 permission

Toelating · Eetgelegenheid · since 18-03-2020

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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,402 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-01-2020

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.