Joellemo
ActiveSummary
Joellemo has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,600 and a net result of €86,878. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 18458 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency40▼-40
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 2.11 in 2024; short-term debt: 85.3% and cash: 80.1% of total assets), and 85.3% of the assets are financed with debt.
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Signals
Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
14.7%
Return on assets
68.5%
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 27-04-2026, 95 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
95 d early
2024
19 d late
2023
30 d late
2022
18 d late
2021
32 d early
2020
27 d late
2019
10 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€18,600▼ 82.0%
2024 · €103,445
Total assets
€126,826▼ 32.3%
2024 · €187,388
Net result
€86,878▲ 8.5%
2024 · €80,052
Working capital
€11,181▼ 88.0%
2024 · €93,261
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
Line20212022202320242025
Operating result€44,164▲ 10.1%€92,971▲ 111%€108,377▲ 16.6%€112,052▲ 3.4%€121,617▲ 8.5%
Net result€32,872▲ 9.1%€65,773▲ 100%€78,246▲ 19.0%€80,052▲ 2.3%€86,878▲ 8.5%
Equity€10,993▼ 73.3%€23,393▲ 113%€23,393=€103,445▲ 342%€18,600▼ 82.0%
Total assets€83,864▲ 3.4%€122,546▲ 46.1%€139,663▲ 14.0%€187,388▲ 34.2%€126,826▼ 32.3%
Debt€72,871▲ 82.1%€99,153▲ 36.1%€116,271▲ 17.3%€83,943▼ 27.8%€108,226▲ 28.9%
Working capital€9,790▼ 74.1%€12,327▲ 25.9%€2,263▼ 81.6%€93,261▲ 4,021%€11,181▼ 88.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126,826
Fixed assets
€7,419 ▼ 27.2%
Current assets
€119,407 ▼ 32.6%
Equity and liabilities €126,826
Equity
€18,600 ▼ 82.0%
Debt
€108,226 ▲ 28.9%
Debt's share of the balance-sheet total rises from 44.8% to 85.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€124,382▲
2024 · €114,551
Cash flow
€89,644▲
2024 · €82,552
Current ratio
1.10▼
2024 · 2.11
Debt to equity
5.82▲
2024 · 0.81
ROE
467.1%▲
2024 · 77.4%
ROA
68.5%▲
2024 · 42.7%
Interest coverage
23.71▼
2024 · 29.87
Debt ≤ 1 year
€108,226▲
2024 · €83,943
Income taxes
€30,874▲
2024 · €29,767
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,960 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,074 | €2,564 | €5,324 | €2,499 | €2,766 | ▲ 10.7% |
| Other operating charges640/8 | €976 | €1,259 | €384 | €387 | €463 | ▲ 19.6% |
| Gross operating margin9900 | €47,214 | €96,794 | €114,086 | €114,938 | €124,846 | ▲ 8.6% |
| Operating profit (loss)9901 | €44,164 | €92,971 | €108,377 | €112,052 | €121,617 | ▲ 8.5% |
| Financial income75/76B | €0 | €0 | €1 | €1,602 | €1,380 | ▼ 13.8% |
| Recurring financial income75 | €0 | €0 | €1 | €1,602 | €1,380 | ▼ 13.8% |
| Financial charges65/66B | €158 | €238 | €397 | €3,835 | €5,245 | ▲ 36.8% |
| Recurring financial charges65 | €158 | €238 | €397 | €3,835 | €5,245 | ▲ 36.8% |
| Profit (loss) for the period before taxes9903 | €44,006 | €92,733 | €107,981 | €109,819 | €117,752 | ▲ 7.2% |
| Income taxes67/77 | €11,134 | €26,960 | €29,735 | €29,767 | €30,874 | ▲ 3.7% |
| Profit (loss) for the period9904 | €32,872 | €65,773 | €78,246 | €80,052 | €86,878 | ▲ 8.5% |
| Profit (loss) for the period to be appropriated9905 | €32,872 | €65,773 | €78,246 | €80,052 | €86,878 | ▲ 8.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83,864 | €122,546 | €139,663 | €187,388 | €126,826 | ▼ 32.3% |
| Fixed assets21/28 | €1,203 | €11,066 | €21,130 | €10,185 | €7,419 | ▼ 27.2% |
| Intangible fixed assets21 | €225 | - | - | - | - | - |
| Tangible fixed assets22/27 | €978 | €11,066 | €21,130 | €10,185 | €7,419 | ▼ 27.2% |
| Plant, machinery and equipment23 | - | - | €9,061 | €7,248 | €5,435 | ▼ 25.0% |
| Furniture and vehicles24 | - | €10,339 | €11,593 | €1,894 | €1,494 | ▼ 21.1% |
| Other tangible fixed assets26 | €978 | €727 | €476 | €1,043 | €490 | ▼ 53.0% |
| Current assets29/58 | €82,661 | €111,480 | €118,534 | €177,204 | €119,407 | ▼ 32.6% |
| Amounts receivable within one year40/41 | €8,337 | €23,920 | €18,631 | €21,661 | €14,453 | ▼ 33.3% |
| Trade receivables40 | €8,337 | €8,862 | €18,477 | €21,174 | €14,453 | ▼ 31.7% |
| Other amounts receivable41 | - | €15,058 | €154 | €487 | - | - |
| Current investments50/53 | - | - | €75,000 | €75,000 | - | - |
| Cash at bank and in hand54/58 | €74,242 | €84,791 | €19,357 | €77,357 | €101,619 | ▲ 31.4% |
| Deferred charges and accrued income490/1 | €82 | €2,769 | €5,545 | €3,186 | €3,335 | ▲ 4.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83,864 | €122,546 | €139,663 | €187,388 | €126,826 | ▼ 32.3% |
| Equity10/15 | €10,993 | €23,393 | €23,393 | €103,445 | €18,600 | ▼ 82.0% |
| Contributions10/11 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €4,793 | €4,793 | €4,793 | €84,845 | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €2,933 | €2,933 | €4,793 | €84,845 | - | - |
| Amounts payable17/49 | €72,871 | €99,153 | €116,271 | €83,943 | €108,226 | ▲ 28.9% |
| Amounts payable within one year42/48 | €72,871 | €99,153 | €116,271 | €83,943 | €108,226 | ▲ 28.9% |
| Trade debts44 | €926 | €717 | €3,110 | €272 | €1,654 | ▲ 509% |
| Suppliers440/4 | €926 | €717 | €3,110 | €272 | €1,654 | ▲ 509% |
| Taxes, remuneration and social security45 | €7,866 | €32,422 | €34,473 | €16,118 | €16,617 | ▲ 3.1% |
| Taxes450/3 | €7,866 | €32,422 | €34,473 | €16,118 | €16,617 | ▲ 3.1% |
| Other amounts payable47/48 | €64,079 | €66,014 | €78,688 | €67,553 | €89,955 | ▲ 33.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,872 | €65,773 | €78,246 | €80,052 | €86,878 | ▲ 8.5% |
| + Depreciation and write-downs630 | €2,074 | €2,564 | €5,324 | €2,499 | €2,766 | ▲ 10.7% |
| Operating cash flow (approximation) | €34,946 | €68,337 | €83,570 | €82,552 | €89,644 | ▲ 8.6% |
| Investment in fixed assets (approximation) | - | -€12,427 | -€15,388 | €8,446 | €0 | ▼ 100% |
| Change in cash | - | €10,549 | -€65,434 | €57,999 | €24,262 | ▼ 58.2% |
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
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €86,878 ▲8.5%
Operating result €121,617, net result €86,878, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.11
Current ratio from 1.02 to 2.11; short-term debt falls from €116,271 to €83,943.
31-12
Financial
Equity above €100,000Eq €103,445 ▲342%
6 profitable years in a row build equity to €103,445.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
31-12
Financial
Back to profitnet €15,388
Net result €15,388 after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Dilbeek · 1 establishment unit since 2017
Ground area
1,705 m²
Building footprint
316 m²
Volume, LiDAR
1,471 m³
2 parcels, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Joellemo
since 20172.264.085.413
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016E0066/00F002 | Flanders | 1,598 m² | 1 · 208 m² | 12.5 m · 1 fl. |
| 23037B0260/00P002 | Flanders | 108 m² | 1 · 108 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2023 · 2 entries · 504 EUR awarded · 504 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 174 EUR | 174 EUR |
| 2022 | 1 | 330 EUR | 330 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
6488002BXHDH3CQHSZ73
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,439. 1,539 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
Founded16-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
43320Joinery installation
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671564652
Also
9925:BE0671564652
Registered
24-11-2023
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.