JOJAFRA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €460k and a net result of €8k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 6156 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
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 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
16 d early
2022
11 d early
2021
40 d early
2020
15 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€460k▲ 1.7%
2023 · €453k
2018: €257k
2019: €284k
2020: €308k
2021: €382k
2022: €422k
2023: €453k
2018 → 2024
Net result
€8k▼ 74.9%
2023 · €31k
2018: €141k
2019: €36k
2020: €24k
2021: €77k
2022: €40k
2023: €31k
2018 → 2024
Total assets
€650k▲ 0.9%
2023 · €644k
2018: €441k
2019: €477k
2020: €452k
2021: €555k
2022: €559k
2023: €644k
2018 → 2024
Solvency
70.8%▲ 0.6pp
2023 · 70.2%
2018: 58.3%
2019: 59.5%
2020: 68.1%
2021: 68.8%
2022: 75.5%
2023: 70.2%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€308k-€382k▲ 24.0%€422k▲ 10.5%€453k▲ 7.3%€460k▲ 1.7%
Operating result€15k-€97k▲ 527%€48k▼ 50.1%€39k▼ 19.9%€-16k
Net result€24k-€77k▲ 222%€40k▼ 48.2%€31k▼ 22.4%€8k▼ 74.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €16k after €39k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €650k
Fixed assets
€65k▼ 22.3%
Current assets
€585k▲ 4.3%
Equity and liabilities €650k
Equity
€460k▲ 1.7%
Provisions
€96k=
Debt
€94k▼ 2.1%
The debt ratio falls from 14.9% to 14.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
70.8%▲
2023 · 70.2%
ROE
1.7%▼
2023 · 6.8%
ROA
1.2%▼
2023 · 4.8%
Debt
€94k▼
2023 · €96k
Debt ≤ 1 year
€94k▲
2023 · €93k
Debt > 1 year
€0▼
2023 · €3k
Income taxes
€4k▼
2023 · €15k
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€644k€650k▲
Fixed assets21/28€83k€65k▼
Tangible fixed assets22/27€37k€18k▼
Furniture and vehicles24€37k€18k▼
Financial fixed assets28€47k€47k=
Current assets29/58€561k€585k▲
Stocks and contracts in progress3€419k€410k▼
Stocks30/36€419k€410k▼
Amounts receivable within one year40/41€136k€174k▲
Trade receivables40-€20k
Other amounts receivable41€136k€154k▲
Cash at bank and in hand54/58€6k€663▼
Deferred charges and accrued income490/1€642€663▲
Equity and liabilities
Total equity and liabilities10/49€644k€650k▲
Equity10/15€453k€460k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€391k€398k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€384k€392k▲
Provisions and deferred taxes16€96k€96k=
Provisions for liabilities and charges160/5€96k€96k=
Pensions and similar obligations160€96k€96k=
Amounts payable17/49€96k€94k▼
Amounts payable after more than one year17€3k€0▼
Financial debts170/4€3k€0▼
Amounts payable within one year42/48€93k€94k▲
Current portion of amounts payable after more than one year42€11k€3k▼
Trade debts44€8k€423▼
Suppliers440/4€8k€423▼
Taxes, remuneration and social security45€6k€0▼
Taxes450/3€6k€0▼
Other amounts payable47/48€68k€91k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€37k
Other operating charges640/8€2k€780▼
Gross operating margin9900€59k€40k▼
Operating profit (loss)9901€39k€-16k▼
Financial income75/76B€8k€29k▲
Recurring financial income75€8k€29k▲
Financial charges65/66B€1k€953▼
Recurring financial charges65€1k€953▼
Profit (loss) for the period before taxes9903€46k€12k▼
Income taxes67/77€15k€4k▼
Profit (loss) for the period9904€31k€8k▼
Profit (loss) for the period to be appropriated9905€31k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€8k▼
Transfer to equity691/2€31k€8k▼
To other reserves6921€31k€8k▼
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
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €8k ▼74.9%
Net result drops to €8k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 16.85
Current ratio from 8.41 to 16.85; short-term debt falls from €53k to €27k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Nieuwpoort · 1 establishment unit since 2001
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.
Edmond Kamplaan 228620 NieuwpoortGround area
1,371 m²
Building footprint
282 m²
Volume, LiDAR
1,824 m³
Parcel 38402D0428/00X005, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Edmond Kamplaan 22, 8620 Nieuwpoort
since 20012.068.655.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0428/00X005 | Flanders | 1,371 m² | 1 · 282 m² | 9.8 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.
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GREGLES
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 13,654 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-09-1994
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.