JOKE QUICK
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a profit of €27,861, after a loss of €16,662 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,000 | €10,000 |
| Depreciation and write-downs of the year | €180 | €290 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €180 | €290 | ▲ 60.9% |
| Other operating charges640/8 | €553 | €585 | ▲ 5.8% |
| Gross operating margin9900 | -€15,929 | €28,736 | - |
| Operating profit (loss)9901 | -€16,662 | €27,861 | - |
| Financial income75/76B | €633 | €1,130 | ▲ 78.5% |
| Recurring financial income75 | €633 | €1,130 | ▲ 78.5% |
| Financial charges65/66B | €8,779 | €9,563 | ▲ 8.9% |
| Recurring financial charges65 | €8,779 | €9,563 | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | -€24,809 | €19,428 | - |
| Income taxes67/77 | - | €7 | - |
| Profit (loss) for the period9904 | -€24,809 | €19,420 | - |
| Profit (loss) for the period to be appropriated9905 | -€24,809 | €19,420 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €285,705 | €270,460 | ▼ 5.3% |
| Fixed assets21/28 | €820 | €10,530 | ▲ 13× |
| Tangible fixed assets22/27 | €820 | €10,530 | ▲ 13× |
| Plant, machinery and equipment23 | €640 | €10,370 | ▲ 16× |
| Furniture and vehicles24 | €180 | €160 | ▼ 11.1% |
| Current assets29/58 | €284,885 | €259,930 | ▼ 8.8% |
| Stocks and contracts in progress3 | €272,554 | €227,403 | ▼ 16.6% |
| Stocks30/36 | €272,554 | €227,403 | ▼ 16.6% |
| Amounts receivable within one year40/41 | €5,735 | €18,628 | ▲ 225% |
| Trade receivables40 | €403 | €18,628 | ▲ 46× |
| Other amounts receivable41 | €5,332 | - | - |
| Cash at bank and in hand54/58 | €6,596 | €13,899 | ▲ 111% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €285,705 | €270,460 | ▼ 5.3% |
| Equity10/15 | -€22,309 | -€2,888 | ▲ 87.1% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€24,809 | -€5,388 | ▲ 78.3% |
| Amounts payable17/49 | €308,013 | €273,348 | ▼ 11.3% |
| Amounts payable after more than one year17 | €43,780 | €43,780 | = |
| Financial debts170/4 | €43,780 | €43,780 | = |
| Amounts payable within one year42/48 | €264,233 | €229,568 | ▼ 13.1% |
| Trade debts44 | €32,459 | €10,824 | ▼ 66.7% |
| Suppliers440/4 | €32,459 | €10,824 | ▼ 66.7% |
| Taxes, remuneration and social security45 | - | €1,549 | - |
| Taxes450/3 | - | €1,549 | - |
| Other amounts payable47/48 | €231,774 | €217,195 | ▼ 6.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€24,809 | €19,420 | - |
| + Depreciation and write-downs630 | €180 | €290 | ▲ 60.9% |
| Operating cash flow (approximation) | -€24,629 | €19,710 | - |
| Investment in fixed assets (approximation) | - | -€10,000 | - |
| Change in cash | - | €7,303 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,017 companies had the same profile as JOKE QUICK has now. Two years later, 89.2% were still going and 6.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JOKE QUICK itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,017 companies, not a prediction for JOKE QUICK. 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.