JOEY TRANS

Active

Private limited companyfounded 20215 yrs activeSlijpstraat 9A, 8650 Houthulst, BelgiumKBO/BCE: BE 0768.821.010

The computed 12-month bankruptcy probability of JOEY TRANS is 3.4% (moderate). The 2025 annual accounts show negative equity (€-8k) and a net result of €412. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 4575 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

34 / 100

Weak

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

Axes · tick = 2024

Profitability47▲+16

Solvency21▲+5

Growth32=

Track record94

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.65 against 0.24 in 2024; short-term debt: 65.7% and cash: 1.1% of total assets), and equity is negative.

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 49

Relative position

BE, all sectors

reference

Sector 49

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

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 2025

Solvency, return and age of the figures

Solvency

-4.3%

Return on assets

0.2%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4575 sector peers (2025).

NBB · sector comparison

Position among 4575 sector peers

Solvency

better than 14%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

on the day

2024

1 d early

2023

6 d early

2022

42 d early

← 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

21-09-2026 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

€-8k▲ 5.1%

2024 · €-8k

2022: €36k 2023: €10k 2024: €-8k

2022 → 2025

Total assets

€178k▲ 104%

2024 · €87k

2022: €125k 2023: €135k 2024: €87k

2022 → 2025

Net result

€412

2024 · €-18k

2022: €32k 2023: €-26k 2024: €-18k

2022 → 2025

Working capital

€-41k▲ 22.2%

2024 · €-53k

2022: €19k 2023: €-31k 2024: €-53k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€36k-€10k▼ 71.3%€-8k€-8k▲ 5.1%

Operating result€45k-€-21k€-15k▲ 31.4%€9k

Net result€32k-€-26k€-18k▲ 28.3%€412

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €9k after a loss of €15k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €178k

57.5%

42.5%

Fixed assets €102k▲ 43.9%

Current assets €76k▲ 364%

Key figures and ratios

2025 value · change against 2024

EBITDA

€30k▲

2024 · €14k

Cash flow

€21k▲

2024 · €10k

Solvency

-4.3%▲

2024 · -9.2%

Current ratio

0.65▲

2024 · 0.24

Quick ratio

0.65▲

2024 · 0.24

Debt / equity

-24.25▼

2024 · -11.83

ROA

0.2%▲

2024 · -21.0%

Interest coverage

3.30▼

2024 · 3.69

Debt

€186k▲

2024 · €95k

Debt ≤ 1 year

€117k▲

2024 · €69k

Debt > 1 year

€69k▲

2024 · €26k

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

Assets

Total assets20/58€87k€178k▲

Fixed assets21/28€71k€102k▲

Tangible fixed assets22/27€69k€99k▲

Plant, machinery and equipment23€2k€917▼

Furniture and vehicles24€67k€972▼

Leasing and similar rights25-€97k

Financial fixed assets28€3k€4k▲

Current assets29/58€16k€76k▲

Amounts receivable within one year40/41€16k€74k▲

Trade receivables40€16k€45k▲

Other amounts receivable41€0€29k▲

Cash at bank and in hand54/58-€2k

Deferred charges and accrued income490/1€0-

Equity and liabilities

Total equity and liabilities10/49€87k€178k▲

Equity10/15€-8k€-8k▲

Contributions10/11€5k€5k=

Reserves13€5k€5k=

Distributable reserves133€5k€5k=

Profit (loss) carried forward14€-18k€-18k▲

Amounts payable17/49€95k€186k▲

Amounts payable after more than one year17€26k€69k▲

Financial debts170/4€26k€69k▲

Amounts payable within one year42/48€69k€117k▲

Current portion of amounts payable after more than one year42€30k€43k▲

Financial debts43€3k€13k▲

Credit institutions430/8€3k€13k▲

Trade debts44€13k€34k▲

Suppliers440/4€13k€34k▲

Taxes, remuneration and social security45€13k€27k▲

Taxes450/3€13k€27k▲

Other amounts payable47/48€9k€500▼

Income statement Code20242025

Non-recurring operating income76A-€11k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€20k▼

Other operating charges640/8€12k€3k▼

Non-recurring operating charges66A-€314

Gross operating margin9900€27k€33k▲

Operating profit (loss)9901€-15k€9k▲

Financial charges65/66B€4k€9k▲

Recurring financial charges65€4k€9k▲

Profit (loss) for the period before taxes9903€-18k€412▲

Profit (loss) for the period9904€-18k€412▲

Profit (loss) for the period to be appropriated9905€-18k€412▲

Appropriation of the result

Profit (loss) to be appropriated9906€-18k€-18k▲

Profit (loss) brought forward from the previous period14P-€-18k

Transfer from equity791/2€0-

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

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

2026

31-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €412

Net result €412 after 2 loss-making years.

30-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

25-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-26k ▼181%

Net result drops to €-26k, the lowest in the series; recovery starts the following year.

19-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

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

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Houthulst · 1 establishment unit since 2021

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.

Slijpstraat 9A8650 Houthulst

Ground area

1,744 m²

Building footprint

161 m²

Volume, LiDAR

713 m³