JOGA GROUP
ActiveThe computed 12-month bankruptcy probability of JOGA GROUP is 1.7% (moderate). The 2024 annual accounts show equity of €1k and a net result of €649. Its solvency ranks better than 18% of 4355 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▲+50
Solvency32▼-31
Growth78
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.34; short-term debt: 93.1% and cash: 1.1% of total assets), and 93.1% of the assets are financed with debt.
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
6.9%
Return on assets
4.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4355 sector peers (2024).
NBB · sector comparisonPosition among 4355 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
127 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1k▲ 183%
2023 · €355
2023: €355
2023 → 2024
Total assets
€15k▲ 1,451%
2023 · €945
2023: €945
2023 → 2024
Net result
€649
2023 · €-3k
2023: €-3k
2023 → 2024
Working capital
€-9k
2023 · €355
2023: €355
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€355-€1k▲ 183%
Operating result€-3k-€971
Net result€-3k-€649
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 2024: €971 after a loss of €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15k
Fixed assets
€10k
Current assets
€5k
Equity and liabilities €15k
Equity
€1k▲ 183%
Debt
€14k▲ 2,213%
The debt ratio rises from 62.4% to 93.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€980
Cash flow
€658
Solvency
6.9%
Current ratio
0.34
Quick ratio
0.34
Debt / equity
13.60
ROE
64.6%
ROA
4.4%
Interest coverage
3.04
Debt
€14k▲
2023 · €590
Debt ≤ 1 year
€14k▲
2023 · €590
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€945€15k▲
Fixed assets21/28-€10k
Tangible fixed assets22/27-€10k
Furniture and vehicles24-€10k
Current assets29/58€945€5k▲
Amounts receivable within one year40/41€908€4k▲
Trade receivables40€908€3k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€37€164▲
Equity and liabilities
Total equity and liabilities10/49€945€15k▲
Equity10/15€355€1k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-3k€-2k▲
Amounts payable17/49€590€14k▲
Amounts payable within one year42/48€590€14k▲
Trade debts44€430€13k▲
Suppliers440/4€430€13k▲
Taxes, remuneration and social security45€158-
Taxes450/3€158-
Other amounts payable47/48€2€948▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9
Other operating charges640/8€785€387▼
Non-recurring operating charges66A-€531
Gross operating margin9900€-2k€2k▲
Operating profit (loss)9901€-3k€971▲
Financial charges65/66B€30€322▲
Recurring financial charges65€30€322▲
Profit (loss) for the period before taxes9903€-3k€649▲
Profit (loss) for the period9904€-3k€649▲
Profit (loss) for the period to be appropriated9905€-3k€649▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-2k▲
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €649
Net result €649 after one loss-making year.
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Agatha-Berchem · 1 establishment unit since 2022
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.
Technologiestraat 111082 Sint-Agatha-BerchemGround area
1,439 m²
Building footprint
1,458 m²
Volume, LiDAR
10,782 m³
Parcel 21003A0335/00V003, Brussels · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JOGA GROUP
since 20222.386.583.743
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0335/00V003 | Brussels | 1,438 m² | 1 · 1,458 m² | 13.0 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.
Similar companies · same sector, comparable size
MELAM
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VRH GROUP
BE 0768.802.204
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BE STILL
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Noncha Records
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Of 887 companies in sector 74991 we hold annual accounts for 317. 50 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2022
Fiscal year end31-12
Activities, NACEBEL
74901Other professional, scientific and technical activities
74991Agents and managers of artists, athletes and other public figures
70200Business and other management consultancy
70220Business consulting
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.