Equity
€32,922 from €102,654 in 2015
Equity fell by 68% in 11 years.
JOKA
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2006peak €47,831 (2012)
€2,265▼ 93.6%
lowest -€29,315 (2016)
-€4,500▼ €6,055
peak €102,654 (2015)
€32,922▼ 12.0%
€11,371▼ 63.1%
peak 0.9 FTE (2019)
-not published
Board2 names since 2019
1 directorJohan Den Haese
Documentsfilings and deeds
30-09-202631 days before the deadline
2026micro format
Gross margin from €35,391 to €2,265Loss of €4,500Equity from €37,423 to €32,922Debts from €30,808 to €11,371
Key points
from the 2026 annual accountsTurnover
≈ €23,000 estimated
The micro format states no turnover.
Investments
€5,770 75.3 × depreciation
Green is investment, beige is depreciation.
Liquidity
8.00 was 3.16 in 2025
Short-term debts fell from €20,407 to €5,175.
Filings
21 annual accounts since 2006
Two of the last ten came late. The 2024 accounts came latest: 29 days after the end of the period.
Position in the sector
-€4,500
Lower net result than 85% of companies in specialised construction. Sector median €11,578 · 1,072 companies.
Checked score
63
Healthy
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%lowest value
01-2025: 0.5%● unchanged vs 12-2024lowest value
02-2025: 0.5%● unchanged vs 01-2025lowest value
03-2025: 0.5%● unchanged vs 02-2025lowest value
04-2025: 1.1%▲ +0.6 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025
08-2025: 1.4%▲ +0.2 percentage points vs 07-2025
09-2025: 1.4%● unchanged vs 08-2025
10-2025: 1.5%▲ +0.1 percentage points vs 09-2025
11-2025: 2.2%▲ +0.7 percentage points vs 10-2025highest value
12-2025: 1.4%▼ -0.8 percentage points vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: 1.5%▲ +0.1 percentage points vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.6%▲ +0.1 percentage points vs 09-2026
11-2026: 1.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €4,500 (financial year 2026)
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 2005
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 43, micro). It does better than 80% of them on solvency, 44% on liquidity, 10% on profitability and 23% 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 31-03-2026.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 5,831 companies had the same profile as JOKA has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JOKA itself: 1.6% within 12 months.
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.
| 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 5,831 companies, not a prediction for JOKA. 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
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.0 (3.16 in 2025), above the usual 1.5. Short-term debt is 11.7% and cash 1.2% of total assets. 25.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-09-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
31 days early
2025
12 days late
2024
29 days late
2023
34 days early
2022
on the day
2021
20 days early
2020
19 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 31 October (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
“tekst die blijkt uit nieuwe tekst van statuten aangenomen in derde beslissing” (deed in Dutch) · General meeting of 18-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0872041975
Registered office moved within Leuven
New registered office: Leopold Ruelensstraat 54 Bus 0101, 3010 Leuven · Previous registered office: Naamsestraat 127 bus 01, 3000 Leuven · Board meeting of 25-02-2025 · Gazette deed
New manager
Johan Den Haese appointed, DHS Vof resigned · Permanent representative: Johan Den Haese · General meeting of 14-09-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JOKA Leuven | €44,294 | €2,265 | 74.3% | - |
| FIRENO Wetteren | €38,051 | €2,812 | 74.5% | - |
| GETO CONSTRUCT Meerhout | €52,662 | €1,277 | 65.6% | - |
| Groep Hellings Genk | €63,203 | €3,377 | 52.8% | - |
| MRSA Genk | €27,694 | €2,475 | 53.7% | - |
| P. VANDEVENNE Antwerp | €69,834 | €1,814 | 25.8% | - |
| WIDACO BESTRATINGSWERKEN Oudsbergen | €42,503 | €1,051 | 69.5% | - |
These companies have the same main activity as JOKA: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €27,700 and €69,800, founded between 2003 and 2010.
Official details
Source: KBO- Status
- Active since 18-02-2005Normal situation
- Activity
- Other building finishing workNACE 43350and 2 others
- Establishment unit
- 2.146.290.2943010 Leuven, since 22-02-2005
- Financial year end
- 31 March
- Peppol
- Reachable since 15-07-2025
Annual accounts to 31-03-2026
- €44,294▼ 35.1%
- Filing
- Filed on 30-09-2026, 31 days before the end of the filing period
Insights on JOKA
JOKA files the micro format. That format states no turnover. The gross margin fell from €28,538 in 2007 to €2,265 in 2026.
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 JOKA
- What is the company number of JOKA?
- The company number of JOKA is 0872.041.975. The VAT number is the same number with BE in front: BE 0872.041.975.
- Where is JOKA based?
- The registered office is at Leopold Ruelensstraat 54, 3010 Leuven.Company details
- What does JOKA do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of JOKA?
- JOKA is a private limited company (BV).
- When was JOKA founded?
- JOKA was founded on 18-02-2005.
- Is JOKA still active?
- Yes, JOKA is an active enterprise in the KBO register.
- How many employees does JOKA have?
- JOKA had an average of 0.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of JOKA?
- The turnover in financial year 2026 is ≈ €23,000. This figure is estimated from the gross margin of €2,265 and 37 comparable companies (NACE 43350). It probably lies between €13,000 and €48,000. It is a rough estimate.
- Is JOKA profitable?
- In financial year 2026, JOKA made a loss of €4,500.
- Where can I find the annual accounts of JOKA?
- JOKA filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of JOKA due?
- JOKA must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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