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JOGIRO

Active
Private limited companyfounded 200620 yrs activeHof van Spanjestraat 10, 1860 Meise, BelgiumKBO/BCE: BE 0881.518.182
Summary

JOGIRO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28,616 and a net result of -€3,350. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1860 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability6▼-2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 10.51 against 6.02 in 2023; short-term debt: 9.5% of total assets), and 9.5% of the assets are financed with debt.
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Signals

Five 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
90.5%
Return on assets
-10.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€3,350
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d late
2022
24 d late
2021
32 d late
2020
30 d late
2019
80 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 24 May 2006, JOGIRO was incorporated.1 Total assets went from EUR 50,346 in 2018 to EUR 31,625 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€28,616▼ 10.5%
2023 · €31,966
Total assets
€31,625▼ 17.5%
2023 · €38,340
Net result
-€3,350▼ 4.2%
2023 · -€3,215
Working capital
€28,616▼ 10.5%
2023 · €31,966
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€1,058▼ 54.9%-€2,582-€3,060▼ 18.5%-€2,389▲ 21.9%-€2,248▲ 5.9%
Net result€4,032within the sector's middle half-€2,564below the sector's middle half-€3,948below the sector's middle half▼ 54.0%-€3,215below the sector's middle half▲ 18.6%-€3,350below the sector's middle half▼ 4.2%
Equity€41,694within the sector's middle half▲ 10.7%€39,129within the sector's middle half▼ 6.2%€35,181within the sector's middle half▼ 10.1%€31,966below the sector's middle half▼ 9.1%€28,616below the sector's middle half▼ 10.5%
Total assets€46,063within the sector's middle half▲ 11.3%€44,136within the sector's middle half▼ 4.2%€40,390below the sector's middle half▼ 8.5%€38,340below the sector's middle half▼ 5.1%€31,625below the sector's middle half▼ 17.5%
Debt€4,369▲ 16.8%€5,007▲ 14.6%€5,209▲ 4.0%€6,374▲ 22.4%€3,009▼ 52.8%
Working capital€41,694within the sector's middle half▲ 10.7%€34,783within the sector's middle half▼ 16.6%€33,008within the sector's middle half▼ 5.1%€31,966within the sector's middle half▼ 3.2%€28,616within the sector's middle half▼ 10.5%
Solvency90.5%above the sector's middle half▼ 0.4pp88.7%above the sector's middle half▼ 1.9pp87.1%above the sector's middle half▼ 1.6pp83.4%above the sector's middle half▼ 3.7pp90.5%above the sector's middle half▲ 7.1pp
Current ratio10.54above the sector's middle half▼ 0.527.95above the sector's middle half▼ 2.607.34above the sector's middle half▼ 0.616.02above the sector's middle half▼ 1.3210.51above the sector's middle half▲ 4.49
Return on assets (ROA)8.8%within the sector's middle half▲ 11.1pp-5.8%below the sector's middle half▼ 14.6pp-9.8%below the sector's middle half▼ 4.0pp-8.4%below the sector's middle half▲ 1.4pp-10.6%below the sector's middle half▼ 2.2pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000€4,000Operating result 2020: €1,058€1,058Net result 2020: €4,032€4,032Operating result 2021: -€2,582-€2,582Net result 2021: -€2,564-€2,564Operating result 2022: -€3,060-€3,060Net result 2022: -€3,948-€3,948Operating result 2023: -€2,389-€2,389Net result 2023: -€3,215-€3,215Operating result 2024: -€2,248-€2,248Net result 2024: -€3,350-€3,35020202021202220232024-€4,000-€3,000-€2,000-€1,000€0Operating result 2022: -€3,060-€3,060Net result 2022: -€3,948-€3,950Operating result 2023: -€2,389-€2,390Net result 2023: -€3,215-€3,210Operating result 2024: -€2,248-€2,250Net result 2024: -€3,350-€3,350202220232024
The operating result stays negative: a loss of €2,248 in 2024 against €2,389 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €31,625
Equity €28,616 ▼ 10.5%
Debt €3,009 ▼ 52.8%
Debt's share of the balance-sheet total falls from 16.6% to 9.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,248▼
2023 · -€216
Cash flow
-€3,350▼
2023 · -€1,041
Debt to equity
0.11▼
2023 · 0.20
ROE
-11.7%▼
2023 · -10.1%
Interest coverage
-3.48▼
2023 · -0.62
Debt ≤ 1 year
€3,009▼
2023 · €6,374
Income taxes
€464▼
2023 · €476
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
13% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€38,340€31,625▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€38,340€31,625▼
Amounts receivable within one year40/41€32,031€31,569▼
Trade receivables40€9,199€6,580▼
Other amounts receivable41€22,832€24,989▲
Current investments50/53€6,309€56▼
Equity and liabilities
Total equity and liabilities10/49€38,340€31,625▼
Equity10/15€31,966€28,616▼
Contributions10/11€6,200€6,200=
Outside capital11-€6,200
Other1109/19-€6,200
Profit (loss) carried forward14€25,766€22,416▼
Amounts payable17/49€6,374€3,009▼
Amounts payable within one year42/48€6,374€3,009▼
Trade debts44€2,534€787▼
Suppliers440/4€2,534€787▼
Taxes, remuneration and social security45€3,840€2,222▼
Taxes450/3€3,840€2,222▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,173€0▼
Other operating charges640/8€5,568€1,763▼
Gross operating margin9900€5,353-€485▼
Operating profit (loss)9901-€2,389-€2,248▲
Financial income75/76B-€7
Recurring financial income75-€7
Financial charges65/66B€350€645▲
Recurring financial charges65€350€645▲
Profit (loss) for the period before taxes9903-€2,739-€2,886▼
Income taxes67/77€476€464▼
Profit (loss) for the period9904-€3,215-€3,350▼
Profit (loss) for the period to be appropriated9905-€3,215-€3,350▼
Appropriation of the result
Profit (loss) to be appropriated9906€25,766€22,416▼
Profit (loss) brought forward from the previous period14P€28,981€25,766▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,173€2,173€2,173€0▼ 100.0%
Other operating charges640/8---€5,568€1,763▼ 68.3%
Gross operating margin9900€1,058-€409-€887€5,353-€485▼ 109%
Operating profit (loss)9901€1,058-€2,582-€3,060-€2,389-€2,248▲ 5.9%
Financial income75/76B-€0--€7-
Recurring financial income75-€0--€7-
Financial charges65/66B--€364€541€350€645▲ 84.6%
Recurring financial charges65€419-€364€541€350€645▲ 84.6%
Profit (loss) for the period before taxes9903€638-€2,218-€3,602-€2,739-€2,886▼ 5.4%
Income taxes67/77-€3,393€347€347€476€464▼ 2.4%
Profit (loss) for the period9904€4,032-€2,564-€3,948-€3,215-€3,350▼ 4.2%
Profit (loss) for the period to be appropriated9905€4,032-€2,564-€3,948-€3,215-€3,350▼ 4.2%
Line20202021202220232024Change
Assets
Total assets20/58€46,063€44,136€40,390€38,340€31,625▼ 17.5%
Fixed assets21/28-€4,347€2,173€0--
Tangible fixed assets22/27-€4,347€2,173€0--
Furniture and vehicles24-€4,347€2,173€0--
Current assets29/58€46,063€39,789€38,216€38,340€31,625▼ 17.5%
Amounts receivable within one year40/41€38,435€29,971€26,742€32,031€31,569▼ 1.4%
Trade receivables40-€2,548€2,950€9,199€6,580▼ 28.5%
Other amounts receivable41-€27,423€23,792€22,832€24,989▲ 9.4%
Current investments50/53€5,220€7,777€10,997€6,309€56▼ 99.1%
Cash at bank and in hand54/58€2,408€2,042€478---
Equity and liabilities
Total equity and liabilities10/49€46,063€44,136€40,390€38,340€31,625▼ 17.5%
Equity10/15€41,694€39,129€35,181€31,966€28,616▼ 10.5%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200----
Issued capital100-€18,600----
Uncalled capital101-€12,400----
Outside capital11--€6,200-€6,200-
Other1109/19--€6,200-€6,200-
Profit (loss) carried forward14€35,494€32,929€28,981€25,766€22,416▼ 13.0%
Amounts payable17/49€4,369€5,007€5,209€6,374€3,009▼ 52.8%
Amounts payable within one year42/48€4,369€5,007€5,209€6,374€3,009▼ 52.8%
Trade debts44-€1,077-€2,534€787▼ 68.9%
Suppliers440/4-€1,077-€2,534€787▼ 68.9%
Taxes, remuneration and social security45-€3,930€5,209€3,840€2,222▼ 42.1%
Taxes450/3-€3,930€5,209€3,840€2,222▼ 42.1%
Line20202021202220232024Change
Profit (loss) for the period9904€4,032-€2,564-€3,948-€3,215-€3,350▼ 4.2%
+ Depreciation and write-downs630-€2,173€2,173€2,173€0▼ 100.0%
Operating cash flow (approximation)€4,032-€391-€1,775-€1,041-€3,350▼ 222%
Investment in fixed assets (approximation)--€0€0--
Change in cash--€366-€1,564---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial Weakest financial yearnet -€3,948
Net result drops to -€3,948, the lowest in the series; recovery starts the following year.
01-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €4,032
Net result €4,032 after one loss-making year.
19-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial Liquidity triplescurrent ratio 11.06
Current ratio from 4.30 to 11.06; short-term debt falls from €11,702 to €3,742.
16-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
19-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 80 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Meise · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
517 m²
Building footprint
123 m²
Parcel 23050F0051/00M000, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BVBA JOGIRO
Hof van Spanjestraat 10, 1860 MeiseNACE 60242
since 20062.156.384.927
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23050F0051/00M000 Flanders 517 m² 1 · 123 m² -
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.

Similar companies · same sector, comparable size

Of 6,971 companies in sector 49320 we hold annual accounts for 2,715. 2,213 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
Founded24-05-2006
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.