JOFRAS
ActiveJOFRAS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €244k and a net result of €3k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
77
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▼-1
Solvency43=
Growth61=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.18 in 2023), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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
not confirmed
2024
26 d late
2023
13 d late
2022
9 d late
2021
9 d late
2020
11 d late
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€507k▲ 11.5%
2023 · €454k
2018: €239k
2019: €243k
2020: €344k
2021: €431k
2022: €511k
2023: €454k
2018 → 2024
EBIT margin
3.1%=
2023 · 3.1%
2018: 6.3%
2019: 4.3%
2020: 3.4%
2021: 5.0%
2022: 4.3%
2023: 3.1%
2018 → 2024
Net result
€3k▲ 12.6%
2023 · €3k
2018: €4k
2019: €129
2020: €2k
2021: €11k
2022: €11k
2023: €3k
2018 → 2024
Working capital
€44k▼ 33.8%
2023 · €67k
2018: €97k
2019: €80k
2020: €57k
2021: €56k
2022: €55k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€344k-€431k▲ 25.0%€511k▲ 18.6%€454k▼ 11.0%€507k▲ 11.5%
Equity€216k-€227k▲ 5.1%€238k▲ 4.7%€241k▲ 1.2%€244k▲ 1.4%
Operating result€12k-€22k▲ 84.0%€22k▲ 1.0%€14k▼ 36.8%€16k▲ 11.7%
Net result€2k-€11k▲ 522%€11k▼ 2.7%€3k▼ 72.8%€3k▲ 12.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 12% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €916k
Fixed assets
€470k▼ 3.6%
Current assets
€446k▲ 2.4%
Equity and liabilities €916k
Equity
€244k▲ 1.4%
Debt
€672k▼ 1.5%
The debt ratio falls from 73.9% to 73.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€65k▲
2023 · €63k
Cash flow
€52k▲
2023 · €52k
Solvency
26.6%▲
2023 · 26.1%
Current ratio
1.11▼
2023 · 1.18
Quick ratio
0.22▲
2023 · 0.20
Debt / equity
2.76▼
2023 · 2.84
ROE
1.4%▲
2023 · 1.2%
ROA
0.4%▲
2023 · 0.3%
Interest coverage
6.21▼
2023 · 6.53
Debt
€672k▼
2023 · €682k
Debt ≤ 1 year
€402k▲
2023 · €368k
Debt > 1 year
€270k▼
2023 · €314k
Income taxes
€2k▲
2023 · €1k
Staff costs
€36k▲
2023 · €35k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€923k€916k▼
Fixed assets21/28€488k€470k▼
Tangible fixed assets22/27€434k€409k▼
Land and buildings22€98k€98k=
Plant, machinery and equipment23€334k€310k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€54k€60k▲
Current assets29/58€435k€446k▲
Stocks and contracts in progress3€363k€357k▼
Stocks30/36€363k€357k▼
Amounts receivable within one year40/41€34k€41k▲
Trade receivables40€27k€38k▲
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€36k€46k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€923k€916k▼
Equity10/15€241k€244k▲
Contributions10/11€85k€85k=
Reserves13€142k€145k▲
Distributable reserves133€142k€145k▲
Profit (loss) carried forward14€14k€14k▲
Amounts payable17/49€682k€672k▼
Amounts payable after more than one year17€314k€270k▼
Financial debts170/4€244k€200k▼
Other amounts payable178/9€70k€70k=
Amounts payable within one year42/48€368k€402k▲
Current portion of amounts payable after more than one year42€44k€44k▲
Financial debts43€41k€36k▼
Credit institutions430/8€41k€36k▼
Trade debts44€86k€116k▲
Suppliers440/4€86k€116k▲
Taxes, remuneration and social security45€18k€22k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€17k€19k▲
Other amounts payable47/48€180k€183k▲
Income statement
Code20232024
Turnover70€454k€507k▲
Goods, raw materials, services and sundry goods60/61€428k€470k▲
Remuneration, social security and pensions62€35k€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€49k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€100k€104k▲
Operating profit (loss)9901€14k€16k▲
Financial income75/76B€0€133▲
Recurring financial income75€0€133▲
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€4k€5k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€3k€3k▲
Profit (loss) for the period to be appropriated9905€3k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€17k▲
Profit (loss) brought forward from the previous period14P€13k€14k▲
Transfer to equity691/2€3k€3k▲
To the legal reserve6920€3k€3k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2018net €11k ▲522%
Net result €11k, the highest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Weakest financial yearnet €129 ▼96.8%
Net result drops to €129, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Chimay · 1 establishment unit since 1990
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.
Rue du Vailier(VLT) 1536460 ChimayGround area
2,385 m²
Building footprint
357 m²
Volume, LiDAR
2,548 m³
Parcel 56082A0514/00F000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Vailier(VLT) 153, 6460 Chimay
since 19902.046.926.959
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56082A0514/00F000 | Wallonia | 2,385 m² | 1 · 357 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteChimay2.046.926.959
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Of 20,586 companies in sector 01500 we hold annual accounts for 1,144. 930 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-1989
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.