Joevalère

Active

Private limited companyfounded 20206 yrs activePaul Parmentierlaan 54, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0746.884.261

The computed 12-month bankruptcy probability of Joevalère is 4.3% (elevated). The 2025 annual accounts show equity of €55k and a net result of €2k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 62% of 12646 sector peers (fiscal year 2025). 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 2025

49 / 100

Fair▼ -15 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability18▼-60

Solvency56▲+10

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

4.3% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity short (current ratio 0.39 against 0.7 in 2024), and 55.4% 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.

−lowers risk+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

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

44.6%

Return on assets

1.6%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filings

Deviation from the deadline

2025

31 d late

2024

25 d late

2023

30 d late

2022

29 d late

2021

24 d late

2020

27 d late

← before the deadline after the deadline →

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 months

Position in the running window

06-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity

€55k▲ 3.7%

2024 · €53k

2020: €37k 2021: €53k 2022: €48k 2023: €45k 2024: €53k

2020 → 2025

Total assets

€124k▼ 22.4%

2024 · €160k

2020: €201k 2021: €169k 2022: €217k 2023: €179k 2024: €160k

2020 → 2025

Net result

€2k▼ 76.4%

2024 · €8k

2020: €7k 2021: €17k 2022: €-5k 2023: €-3k 2024: €8k

2020 → 2025

Working capital

€-17k▼ 87.6%

2024 · €-9k

2020: €3k 2021: €-7k 2022: €-14k 2023: €-13k 2024: €-9k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€53k-€48k▼ 9.6%€45k▼ 6.6%€53k▲ 18.4%€55k▲ 3.7%

Operating result€20k-€-1k€565€15k▲ 2,484%€8k▼ 45.6%

Net result€17k-€-5k€-3k▲ 37.5%€8k€2k▼ 76.4%

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 46% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €124k

91.4%

Fixed assets €114k▼ 18.3%

Current assets €11k▼ 49.4%

Equity and liabilities €124k

44.6%

55.4%

Equity €55k▲ 3.7%

Debt €69k▼ 35.4%

The debt ratio falls from 66.6% to 55.4%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€34k▼

2024 · €42k

Cash flow

€28k▼

2024 · €35k

Solvency

44.6%▲

2024 · 33.4%

Current ratio

0.39▼

2024 · 0.70

Quick ratio

0.23▼

2024 · 0.52

Debt / equity

1.24▼

2024 · 1.99

ROE

3.5%▼

2024 · 15.6%

ROA

1.6%▼

2024 · 5.2%

Interest coverage

5.93▼

2024 · 7.08

Debt

€69k▼

2024 · €107k

Debt ≤ 1 year

€27k▼

2024 · €30k

Debt > 1 year

€42k▼

2024 · €77k

Income taxes

€690▲

2024 · €479

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 · 2025 against 2024

Balance sheet Code20242025

Total assets20/58€160k€124k▼

Fixed assets21/28€139k€114k▼

Tangible fixed assets22/27€139k€114k▼

Current assets29/58€21k€11k▼

Stocks & contracts in progress3€6k€4k▼

Amounts receivable within one year40/41€4k€1k▼

Cash & bank54/58€9k€3k▼

Total equity & liabilities10/49€160k€124k▼

Equity10/15€53k€55k▲

Contributions / capital10/11€30k€30k=

Accumulated profits (losses)14€23k€25k▲

Amounts payable17/49€107k€69k▼

Amounts payable after one year17€77k€42k▼

Amounts payable within one year42/48€30k€27k▼

Trade debts payable within one year44€7k€3k▼

Income statement Code20242025

Gross operating margin9900€43k€35k▼

Operating result9901€15k€8k▼

Financial income75€88€517▲

Financial charges65€6k€6k▼

Result before taxes9903€9k€3k▼

Income taxes67/77€479€690▲

Net result for the period9904€8k€2k▼

Result to be appropriated9905€8k€2k▼

Download as CSV

Timeline · acts, filings and financial milestones

All 10Financial 3Gazette 1Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

25-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 25 days late

2024

31-12

Financial Back to profitnet €8k

Net result €8k after 2 loss-making years.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

24-02

State Gazette act Director changes

2022

31-12

Financial Weakest financial yearnet €-5k ▼131%

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

24-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 24 days late

2021

31-12

Financial Highest result since 2020net €17k ▲139%

Operating result €20k, net result €17k, both a record.

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 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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