Financials
- Financial year
- 2023
- Total assets
- €826,226
- Loss
- -€126,208
- Solvency
- 20.4%
Total assets▼ 15.0%
Net result
20192023
JOEPSAKEE
ActiveSummary
The computed 12-month bankruptcy probability of JOEPSAKEE is 7.1% (elevated). For JOEPSAKEE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €168,231 and a net result of -€126,208. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 26% of 303 sector peers (NACE 31, financial year 2023). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of furniture
NACE 31001Joinery installation NACE 43320
1 site
Size
€826,226total assets 2023
- Equity
- €168,231
- Loss
- -€126,208
Turnover not published (abbreviated format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 7.1%
2023 figures too old to score
Signalsraises riskFigures for financial year 2023 (filed 31-05-2024)2 financial years not filed after the legal deadline; latest accounts 27 days lateLiquidity: current ratio 0.43, cash €2,832, halvedTwo or more financial years not filedlowers riskSize: total assets €826,226neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
45-10
equity 20.4% of total assets
Liquidity
36-31
short-term debt 32.4% · cash 0.3%
Profitability
0-4
return on assets -15.3%
Bankruptcy probability, 12 months
7.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%lowest value
12-2024: 2.2%● unchanged vs 11-2024lowest value
01-2025: 2.5%▲ +0.3 percentage points vs 12-2024
02-2025: 2.6%▲ +0.1 percentage points vs 01-2025
03-2025: 2.6%● unchanged vs 02-2025
04-2025: 2.7%▲ +0.1 percentage points vs 03-2025
05-2025: 3.4%▲ +0.7 percentage points vs 04-2025
06-2025: 4.4%▲ +1.0 percentage point vs 05-2025
07-2025: 7.4%▲ +3.0 percentage points vs 06-2025
08-2025: 7.5%▲ +0.1 percentage points vs 07-2025
09-2025: 8.3%▲ +0.8 percentage points vs 08-2025
10-2025: 9.9%▲ +1.6 percentage points vs 09-2025highest value
11-2025: 9.9%● unchanged vs 10-2025highest value
12-2025: 9.9%● unchanged vs 11-2025highest value
01-2026: 9.2%▼ -0.7 percentage points vs 12-2025
02-2026: 9.0%▼ -0.2 percentage points vs 01-2026
03-2026: 8.9%▼ -0.1 percentage points vs 02-2026
04-2026: 8.9%● unchanged vs 03-2026
05-2026: 6.1%▼ -2.8 percentage points vs 04-2026
06-2026: 7.5%▲ +1.4 percentage points vs 05-2026
07-2026: 7.3%▼ -0.2 percentage points vs 06-2026
08-2026: 7.1%▼ -0.2 percentage points vs 07-2026
09-2026: 7.1%● unchanged vs 08-2026
10-2026: 7.1%● unchanged vs 09-2026
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 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 · 7 filingsPosition against the passed deadline
30-09-2024 year end30-04-2025 deadline22-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 27-05-2024, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
27 days late
2022
16 days late
2021
10 days late
2020
27 days late
2019
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 19 days after the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · abbreviated…
- Resignation: BILSEN Joeri (director)Reappointment: BILSEN Joeri (director) ·…
- Weakest financial yearnet -€126,208
Key points
- Risk: Accounts not fileddeadline was 30-04-2025 540 days late View
- Caution: Among the weakest 8% on net resultsector median €23,635 · 304 companies -€126,208 View
- Caution: Equity fell in 2023from €294,439 to €168,231 ▼ 42.9% View
- Caution: 2 loss-making years in a rowloss financial year 2023 -€126,208 View
By topic
Board & ownership
- Board
- 1 member
- BILSEN JoeriDirector
Timeline
- Events
- 11
- Since
- 2018
- 16-05-2023Annual accounts filed
- 10-05-2022Annual accounts filed
- 30-09-2021Highest result from 2019 to 2023
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of furnitureNACE 31001
- Founded
- 04-01-2016
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 22
- Purpose
- “Vervaardigen van kantoor- en winkelmeubelen; Vervaardigen van andere meubelen…” (deed in Dutch)
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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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