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JOINT SERVICES BELGIUM

Active Private limited companyfounded 2021active for 5 yearsCharles-Maurice Wiserplein 19, 1040 EtterbeekKBO/BCE: BE 0771.863.147

Lifetime

4 annual accounts with figures on one time axis
peak €740,472 (2025)
€740,472▲ 40.3%
lowest -€64,820 (2022)
€51,760▲ €83,627
peak -€25,041 (2025)
-€25,041▲ €51,760
€294,775▼ 31.9%
Board2 names since 2021
2 directorsGRIGOLINI Umberto and 1 other
Documentsfilings and deeds
23-09-202654 days late
2025micro format
Gross margin from €527,686 to €740,472Back to profit: €51,760Equity from -€76,800 to -€25,041Debts from €432,986 to €294,775

Key points

from the 2025 annual accounts

Equity

-€25,041
2022202320242025

Debts exceed assets in financial year 2025.

Result

€51,760 €51,760
-€31,9002024€51,8002025

Back in profit in 2025, after a loss of €31,867 in 2024.

Turnover

≈ €1.1m estimated

The micro format states no turnover.

Debts

€294,775 109% of the balance sheet
Suppliers 70%Taxes and wages 15%Other 15%

Of this, €268,750 falls due within a year.

Filings

4 annual accounts 4 late
AprilJune31 JulyOctober2022202320242025

The 2023 accounts came latest: 721 days after the end of the period.

Position in the sector

-€25,041

Less equity than 92% of companies in office administrative support. Sector median €53,920 · 9,707 companies.

Checked score

55
Fair
Financially stronger than 48% of micro companies in office administrative support (NACE 82)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.6% 01-2025: 6.4%▲ +1.8 percentage points vs 12-2024 02-2025: 6.4%● unchanged vs 01-2025 03-2025: 6.6%▲ +0.2 percentage points vs 02-2025 04-2025: 5.7%▼ -0.9 percentage points vs 03-2025 05-2025: 5.7%● unchanged vs 04-2025 06-2025: 5.6%▼ -0.1 percentage points vs 05-2025 07-2025: 5.6%● unchanged vs 06-2025 08-2025: 7.4%▲ +1.8 percentage points vs 07-2025 09-2025: 7.4%● unchanged vs 08-2025 10-2025: 7.4%● unchanged vs 09-2025 11-2025: 7.4%● unchanged vs 10-2025 12-2025: 7.4%● unchanged vs 11-2025 01-2026: 8.0%▲ +0.6 percentage points vs 12-2025 02-2026: 8.0%● unchanged vs 01-2026 03-2026: 8.0%● unchanged vs 02-2026 04-2026: 8.0%● unchanged vs 03-2026 05-2026: 8.0%● unchanged vs 04-2026 06-2026: 8.0%● unchanged vs 05-2026 07-2026: 8.0%● unchanged vs 06-2026highest value 08-2026: 2.3%▼ -5.7 percentage points vs 07-2026 09-2026: 2.5%▲ +0.2 percentage points vs 08-2026 10-2026: 0.6%▼ -1.9 percentage points vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value

Financial strength
Average

16+13equity -9.3% of total assets
50=short-term debt 99.6% · cash 71.5%
85+70return on assets 19.2%

Score breakdown

raises risk
Capped at 59: negative equity
Last filed accounts filed 54 days late; 3 of the last 3 accounts late
Negative equity -€25,041
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Liquidity: current ratio 1.00, cash €192,774
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 11% of them on solvency, 37% on liquidity, 60% on profitability and 84% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,180 companies had the same profile as JOINT SERVICES BELGIUM has now. Each dot stands for 6 companies, two years later.

88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of JOINT SERVICES BELGIUM itself is lower: 0.6% within 12 months. It rests on far more data about JOINT SERVICES BELGIUM than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,180 companies, not a prediction for JOINT SERVICES BELGIUM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No credit on open account

Liquidity is tight, with a current ratio of 1.0 (0.82 in 2024), below the usual 1.5. Short-term debt is 99.6% and cash 71.5% of total assets. Equity is negative.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 54 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Negative equity -€25,041
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.00, cash €192,774
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9695 sector peers (2025).
NBB · sector comparison
Position among 9695 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
54 days late
2024
356 days late
2023
721 days late
2022
126 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 314 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 March (3 of the last 4 accounts filed within 187 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GU
Director, since 20-07-2021
GS
GRIGOLINI Silvio
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0771863147
Incorporation Founding capital of €10,000, 100 shares · Founders: JOINT BUSINESS and JOINT SERVICES ITALY · Appointment: GRIGOLINI Umberto (director) · published on 03-08-2021 · Gazette deed
First establishment Charles-Maurice Wiserplein 19, Etterbeek
All 9 events

Comparable companies

same main activity, similar in size and age
Company
JOINT SERVICES BELGIUM Etterbeek €269,734 €740,472 -9.3% -
JETA Syndicusdiensten Heusden-Zolder €278,387 €643,014 42.4% -
COOPCITY Sint-Gillis (bij-Brussel) €259,598 €566,312 19.9% -
THE AMERICAN Hechtel-Eksel €224,771 €857,459 3.1% -
Green Dot Consulting Machelen (Brab.) €276,563 €552,991 56.1% 1
PREPACK PARTNERS Brussels €405,008 €923,377 75.7% -
CO2Value Europe Woluwe-Saint-Pierre €377,569 €700,499 28.2% -

These companies have the same main activity as JOINT SERVICES BELGIUM: other business support services (NACE 82990). They are comparable in size and age: total assets between €225,000 and €405,000, founded between 2018 and 2023.

Official details

Source: KBO
Status
Active since 30-07-2021Normal situation
Activity
Other business support servicesNACE 82990and 1 other
Establishment unit
2.326.332.5881040 Etterbeek, since 30-07-2021
Financial year end
31 December
Peppol
Reachable since 19-12-2025
Company details

Annual accounts 2025

€269,734▼ 24.3%
Filing
Filed on 23-09-2026
Financials

Insights on JOINT SERVICES BELGIUM

JOINT SERVICES BELGIUM files the micro format. That format states no turnover. The gross margin rose from -€8,305 in 2022 to €740,472 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JOINT SERVICES BELGIUM

What is the company number of JOINT SERVICES BELGIUM?
The company number of JOINT SERVICES BELGIUM is 0771.863.147. The VAT number is the same number with BE in front: BE 0771.863.147.
Where is JOINT SERVICES BELGIUM based?
The registered office is at Charles-Maurice Wiserplein 19, 1040 Etterbeek.Company details
What does JOINT SERVICES BELGIUM do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of JOINT SERVICES BELGIUM?
JOINT SERVICES BELGIUM is a private limited company (BV).
When was JOINT SERVICES BELGIUM founded?
JOINT SERVICES BELGIUM was founded on 30-07-2021.
Is JOINT SERVICES BELGIUM still active?
Yes, JOINT SERVICES BELGIUM is an active enterprise in the KBO register.
How many employees does JOINT SERVICES BELGIUM have?
JOINT SERVICES BELGIUM had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of JOINT SERVICES BELGIUM?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €740,472 and 33 comparable companies (NACE 82990). It probably lies between €920,000 and €1.6m.
Is JOINT SERVICES BELGIUM profitable?
In financial year 2025, JOINT SERVICES BELGIUM made a profit of €51,760.
Where can I find the annual accounts of JOINT SERVICES BELGIUM?
JOINT SERVICES BELGIUM filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JOINT SERVICES BELGIUM due?
JOINT SERVICES BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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