JOFI
ActiveSummary
JOFI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €3k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-25
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 59.23 against 3.86 in 2024; short-term debt: 1.6% and cash: 74.7% of total assets), and 1.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
98.4%
Return on assets
4.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
29 d late
2023
22 d late
2022
7 d early
2021
23 d early
2020
18 d early
2019
3 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 5.3%
2024 · €49k
2018: €32k
2019: €22k▼ -30.9% vs 2018lowest in 8 years
2020: €28k▲ +26.6% vs 2019
2021: €32k▲ +13.1% vs 2020
2022: €25k▼ -23.1% vs 2021
2023: €27k▲ +9.2% vs 2022
2024: €49k▲ +79.7% vs 2023
2025: €51k▲ +5.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€52k▼ 18.7%
2024 · €64k
2018: €48k
2019: €34k▼ -29.6% vs 2018
2020: €33k▼ -2.0% vs 2019
2021: €33k▼ -0.4% vs 2020
2022: €32k▼ -3.3% vs 2021lowest in 8 years
2023: €55k▲ +73.4% vs 2022
2024: €64k▲ +15.7% vs 2023highest in 8 years
2025: €52k▼ -18.7% vs 2024
2018 → 2025
Net result
€3k▼ 88.1%
2024 · €22k
2018: €-17klowest in 8 years
2019: €-10k▲ +42.3% vs 2018
2020: €6k▲ +160% vs 2019
2021: €4k▼ -37.5% vs 2020
2022: €-7k▼ -299% vs 2021
2023: €2k▲ +131% vs 2022
2024: €22k▲ +844% vs 2023highest in 8 years
2025: €3k▼ -88.1% vs 2024
2018 → 2025
Working capital
€48k▲ 9.8%
2024 · €44k
2018: €27k
2019: €18k▼ -33.9% vs 2018lowest in 8 years
2020: €25k▲ +40.6% vs 2019
2021: €30k▲ +17.8% vs 2020
2022: €20k▼ -34.6% vs 2021
2023: €23k▲ +16.6% vs 2022
2024: €44k▲ +91.8% vs 2023
2025: €48k▲ +9.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€25k▼ 23.1%€27k▲ 9.2%€49k▲ 79.7%€51k▲ 5.3%
2021: €32k
2022: €25k▼ -23.1% vs 2021lowest in 5 years
2023: €27k▲ +9.2% vs 2022
2024: €49k▲ +79.7% vs 2023
2025: €51k▲ +5.3% vs 2024highest in 5 years
Operating result€3k-€-8k€2k€21k▲ 1,207%€3k▼ 85.7%
2021: €3k
2022: €-8k▼ -332% vs 2021lowest in 5 years
2023: €2k▲ +121% vs 2022
2024: €21k▲ +1207% vs 2023highest in 5 years
2025: €3k▼ -85.7% vs 2024
Net result€4k-€-7k€2k€22k▲ 844%€3k▼ 88.1%
2021: €4k
2022: €-7k▼ -299% vs 2021lowest in 5 years
2023: €2k▲ +131% vs 2022
2024: €22k▲ +844% vs 2023highest in 5 years
2025: €3k▼ -88.1% vs 2024
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 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€3k ▼ 37.5%
Current assets
€49k ▼ 17.2%
Equity and liabilities €52k
Equity
€51k ▲ 5.3%
Debt
€827 ▼ 94.6%
Debt's share of the balance-sheet total falls from 24.0% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €23k
Cash flow
€4k▼
2024 · €23k
Current ratio
59.23▲
2024 · 3.86
Debt to equity
0.02▼
2024 · 0.32
ROE
5.0%▼
2024 · 44.4%
ROA
4.9%▼
2024 · 33.7%
Interest coverage
79.54▼
2024 · 403.14
Debt ≤ 1 year
€827▼
2024 · €15k
Income taxes
€704
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€64k€52k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€1k€892▼
Current assets29/58€59k€49k▼
Amounts receivable after more than one year29€5k€5k▲
Other amounts receivable291€5k€5k▲
Amounts receivable within one year40/41€7k€2k▼
Trade receivables40€5k€1k▼
Other amounts receivable41€2k€898▼
Cash at bank and in hand54/58€47k€39k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€64k€52k▼
Equity10/15€49k€51k▲
Contributions10/11€19k€19k=
Reserves13€39k€32k▼
Distributable reserves133€39k€32k▼
Profit (loss) carried forward14€-10k-
Amounts payable17/49€15k€827▼
Amounts payable within one year42/48€15k€827▼
Trade debts44€15k€823▼
Suppliers440/4€15k€823▼
Taxes, remuneration and social security45-€4
Taxes450/3-€4
Income statement
Code20242025
Non-recurring operating income76A€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€949€1k▲
Gross operating margin9900€24k€6k▼
Operating profit (loss)9901€21k€3k▼
Financial income75/76B€393€282▼
Recurring financial income75€393€282▼
Financial charges65/66B€56€60▲
Recurring financial charges65€56€60▲
Profit (loss) for the period before taxes9903€22k€3k▼
Income taxes67/77-€704
Profit (loss) for the period9904€22k€3k▼
Profit (loss) for the period to be appropriated9905€22k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-7k▲
Profit (loss) brought forward from the previous period14P€-31k€-10k▲
Transfer from equity791/2-€10k
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7k | - | - |
| Remuneration, social security and pensions62 | €103 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €790 | €909 | €1k | €2k | €2k | ▲ 13.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1k | - | - | - | - |
| Other operating charges640/8 | €625 | €689 | €860 | €949 | €1k | ▲ 10.5% |
| Gross operating margin9900 | €5k | €-5k | €4k | €24k | €6k | ▼ 75.3% |
| Operating profit (loss)9901 | €3k | €-8k | €2k | €21k | €3k | ▼ 85.7% |
| Financial income75/76B | €465 | €428 | €767 | €393 | €282 | ▼ 28.3% |
| Recurring financial income75 | €465 | €428 | €767 | €393 | €282 | ▼ 28.3% |
| Financial charges65/66B | €9 | €74 | €108 | €56 | €60 | ▲ 6.9% |
| Recurring financial charges65 | €9 | €74 | €108 | €56 | €60 | ▲ 6.9% |
| Profit (loss) for the period before taxes9903 | €4k | €-7k | €2k | €22k | €3k | ▼ 84.9% |
| Income taxes67/77 | €82 | - | - | - | €704 | - |
| Profit (loss) for the period9904 | €4k | €-7k | €2k | €22k | €3k | ▼ 88.1% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-7k | €2k | €22k | €3k | ▼ 88.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33k | €32k | €55k | €64k | €52k | ▼ 18.7% |
| Fixed assets21/28 | €2k | €5k | €4k | €5k | €3k | ▼ 37.5% |
| Tangible fixed assets22/27 | €2k | €5k | €4k | €5k | €3k | ▼ 37.5% |
| Plant, machinery and equipment23 | €2k | €3k | €2k | €3k | €2k | ▼ 38.4% |
| Furniture and vehicles24 | - | €2k | €2k | €1k | €892 | ▼ 35.5% |
| Financial fixed assets28 | €45 | - | - | - | - | - |
| Current assets29/58 | €31k | €27k | €51k | €59k | €49k | ▼ 17.2% |
| Amounts receivable after more than one year29 | - | €11k | €12k | €5k | €5k | ▲ 3.0% |
| Other amounts receivable291 | - | €11k | €12k | €5k | €5k | ▲ 3.0% |
| Amounts receivable within one year40/41 | €25k | €14k | €4k | €7k | €2k | ▼ 66.9% |
| Trade receivables40 | €11k | €12k | €2k | €5k | €1k | ▼ 73.5% |
| Other amounts receivable41 | €15k | €1k | €2k | €2k | €898 | ▼ 45.5% |
| Cash at bank and in hand54/58 | €5k | €2k | €35k | €47k | €39k | ▼ 17.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33k | €32k | €55k | €64k | €52k | ▼ 18.7% |
| Equity10/15 | €32k | €25k | €27k | €49k | €51k | ▲ 5.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €39k | €39k | €39k | €39k | €32k | ▼ 17.7% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €38k | €38k | €39k | €39k | €32k | ▼ 17.7% |
| Profit (loss) carried forward14 | €-26k | €-33k | €-31k | €-10k | - | - |
| Amounts payable17/49 | €747 | €7k | €28k | €15k | €827 | ▼ 94.6% |
| Amounts payable within one year42/48 | €747 | €7k | €28k | €15k | €827 | ▼ 94.6% |
| Trade debts44 | €747 | €7k | €28k | €15k | €823 | ▼ 94.6% |
| Suppliers440/4 | €747 | €7k | €28k | €15k | €823 | ▼ 94.6% |
| Taxes, remuneration and social security45 | - | - | - | - | €4 | - |
| Taxes450/3 | - | - | - | - | €4 | - |
| Other amounts payable47/48 | - | - | €635 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-7k | €2k | €22k | €3k | ▼ 88.1% |
| + Depreciation and write-downs630 | €790 | €909 | €1k | €2k | €2k | ▲ 13.4% |
| Operating cash flow (approximation) | €5k | €-7k | €4k | €23k | €4k | ▼ 81.3% |
| Investment in fixed assets (approximation) | - | €-4k | €-405 | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-4k | €34k | €11k | €-8k | ▼ 171% |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Liquidity times 15current ratio 59.23
Current ratio from 3.86 to 59.23; short-term debt falls from €15k to €827.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €22k ▲844%
Operating result €21k, net result €22k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.86
Current ratio from 1.81 to 3.86; short-term debt falls from €28k to €15k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 6current ratio 41.10
Current ratio from 6.50 to 41.10; short-term debt falls from €5k to €747.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 6.50
Current ratio from 2.89 to 6.50; short-term debt falls from €10k to €5k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB 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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Directors · office · real estate
Directors
2 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, Wichelen · 1 establishment unit since 2023
Ground area
914 m²
Building footprint
128 m²
Volume, LiDAR
740 m³
Parcel 42018A0276/00D000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jofi bvba
since 20232.168.866.946
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42018A0276/00D000 | Flanders | 914 m² | 1 · 128 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,407 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
Founded19-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
31001Manufacture of furniture
31002Manufacture of furniture
31009Manufacture of furniture
93199Other sports activities
Scores and ratios are computed by Checked and are not a credit decision.