Joevalère
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.
| Equity | €55k |
| Net result | €2k |
| Better than sector | 62% |
| Active | 6 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.6% | 30.5% | |
| Net result | €2k | €5k | |
| Equity | €55k | €30k | |
| Gross operating margin | €35k | €62k | |
| Total assets | €124k | €116k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €34k | €42k | €32k | €25k | €42k |
| Net profit | €2k | €8k | €-3k | €-5k | €17k |
| Cash flow | €28k | €35k | €28k | €21k | €39k |
| Staff costs | - | - | - | - | €979 |
| Income taxes | €690 | €479 | €1 | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €124k | €160k | €179k | €217k | €169k |
| Equity | €55k | €53k | €45k | €48k | €53k |
| Debt | €69k | €107k | €134k | €169k | €115k |
| of which ≤ 1y | €27k | €30k | €27k | €37k | €20k |
| of which > 1y | €42k | €77k | €108k | €132k | €96k |
| Working capital | €-17k | €-9k | €-13k | €-14k | €-7k |
| Employees (FTE) | - | - | - | - | 0.1 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.39 | 0.70 | 0.50 | 0.63 | 0.65 |
| Quick ratio | 0.23 | 0.52 | 0.34 | 0.54 | 0.44 |
| Working capital ratio | -13.3% | -5.5% | -7.3% | -6.3% | -4.1% |
| Solvency | 44.6% | 33.4% | 25.2% | 22.3% | 31.7% |
| Debt / equity | 1.24 | 1.99 | 2.97 | 3.49 | 2.16 |
| Long-term debt ratio | 0.75 | 1.44 | 2.38 | 2.73 | 1.79 |
| Interest coverage | 5.93 | 7.08 | 8.40 | 6.80 | 13.16 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 1.6% | 5.2% | -1.8% | -2.4% | 9.8% |
| ROE | 3.5% | 15.6% | -7.1% | -10.6% | 31.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €124k | €160k | €179k | €217k | €169k |
| Fixed assets | 21/28 | €114k | €139k | €166k | €194k | €156k |
| Tangible fixed assets | 22/27 | €114k | €139k | €166k | €194k | €156k |
| Current assets | 29/58 | €11k | €21k | €13k | €23k | €13k |
| Stocks & contracts in progress | 3 | €4k | €6k | €4k | €3k | €4k |
| Amounts receivable within one year | 40/41 | €1k | €4k | €416 | €11k | €60 |
| Cash & bank | 54/58 | €3k | €9k | €7k | €9k | €7k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €124k | €160k | €179k | €217k | €169k |
| Equity | 10/15 | €55k | €53k | €45k | €48k | €53k |
| Contributions / capital | 10/11 | €30k | €30k | €30k | €30k | €30k |
| Accumulated profits (losses) | 14 | €25k | €23k | €15k | €18k | €23k |
| Amounts payable | 17/49 | €69k | €107k | €134k | €169k | €115k |
| Amounts payable after one year | 17 | €42k | €77k | €108k | €132k | €96k |
| Amounts payable within one year | 42/48 | €27k | €30k | €27k | €37k | €20k |
| Trade debts payable within one year | 44 | €3k | €7k | €6k | €17k | €5k |
| Income statement | ||||||
| Gross operating margin | 9900 | €35k | €43k | €33k | €26k | €44k |
| Operating result | 9901 | €8k | €15k | €565 | €-1k | €20k |
| Financial income | 75 | €517 | €88 | €0 | €9 | €1 |
| Financial charges | 65 | €6k | €6k | €4k | €4k | €3k |
| Result before taxes | 9903 | €3k | €9k | €-3k | €-5k | €17k |
| Income taxes | 67/77 | €690 | €479 | €1 | - | - |
| Net result for the period | 9904 | €2k | €8k | €-3k | €-5k | €17k |
| Result to be appropriated | 9905 | €2k | €8k | €-3k | €-5k | €17k |
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 13-05-2020 |
| Status | Active |
| Postal code | 8300 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0775/00C000 | Flanders | 1,509 m² | 1 · 1,113 m² | 26.2 m · 1 fl. |
| 31013C0357/00A000 | Flanders | 216 m² | 1 · 216 m² | 17.9 m · 4 fl. |
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.
24-02-2023 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Mich\u00E8le Meire",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "confirmation",
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": "2022-07-01",
"evidence_quote": "De Bijzondere Algemene Vergadering neemt er kennis van dat het mandaat als bestuurder van mevrouw Mich\u00E8le Meire vanaf 1 juli 2022 onbezoldigd is tenzij de Algemene Vergadering hierover later anders beslist. Per afzonderlijke stemming en met eenparigheid wordt het onbezoldigd mandaat vanaf 1 juli 202",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-02-15",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2022-07-01",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0746.884.261",
"name_full": "JOEVALERE",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | Joevalère |