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JOKE VM

Active
Private limited companyfounded 2016active for 9 yearsSint-Annastraat 118, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0667.908.940
Summary

The computed 12-month bankruptcy probability of JOKE VM is 3.6% (moderate). The 2025 annual accounts show negative equity (-€10,484) and a net result of -€10,827. Equity has been shrinking by about 25% per year since 2019. Its solvency ranks better than 18% of 13,741 sector peers (NACE 46, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-12-2016 Normal situation
Activity
Wholesale trade NACE 46311and 1 other
Establishment unit
2.269.994.592 9220 Hamme (Vl.), since 01-01-2017
Financial year end
30 September
Peppol
Reachable since 03-07-2025

Board and ownership

Shareholders
  • Joke Van Muldersannual accounts 30-09-2024
  • Christophe Verbiestannual accounts 30-09-2024

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.6%
Annual accounts to 30-09-2025
Gross margin
€33,660
▼ 89.3%
Turnover
≈ €260,000
estimated
Loss
€10,827
Equity
-€10,484
Total assets
€130,263
▼ 50.1%
Employees on 30-09-2025
1
=
  • Negative equity on 30-09-2025
  • 2025 accounts filed 60 days after the deadline
Score breakdownraises riskLast filed accounts filed 60 days late; 2 of the last 3 accounts lateNegative equity -€10,4841 change of registered office in 24 monthsLoss of €10,827 (financial year 2025)Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 17-8
equity -8.0% of total assets
Liquidity 49+23
short-term debt 108.0% · cash 38.9%
Profitability 8-92
return on assets -8.3%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 2.7% 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.5%▼ -0.2 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025lowest value 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 3.5%▲ +1.0 percentage point vs 04-2025 06-2025: 4.0%▲ +0.5 percentage points vs 05-2025 07-2025: 5.8%▲ +1.8 percentage points vs 06-2025 08-2025: 5.9%▲ +0.1 percentage points vs 07-2025 09-2025: 7.1%▲ +1.2 percentage points vs 08-2025 10-2025: 8.6%▲ +1.5 percentage points vs 09-2025 11-2025: 8.6%● unchanged vs 10-2025 12-2025: 8.8%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 2.8%▼ -6.0 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.7%▼ -0.1 percentage points vs 02-2026 04-2026: 3.7%▲ +1.0 percentage point vs 03-2026 05-2026: 4.8%▲ +1.1 percentage points vs 04-2026 06-2026: 6.0%▲ +1.2 percentage points vs 05-2026 07-2026: 6.3%▲ +0.3 percentage points vs 06-2026 08-2026: 6.4%▲ +0.1 percentage points vs 07-2026 09-2026: 7.0%▲ +0.6 percentage points vs 08-2026 10-2026: 3.6%▼ -3.4 percentage points vs 09-2026 11-2026: 3.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.92 (1.0 in 2024), below 1. Short-term debt is 108% and cash 38.9% of total assets. Equity is negative.
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 46, micro). It does better than 14% of them on solvency, 48% on liquidity, 16% on profitability and 1% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Six signals.
raises risk
raises risk · Last filed accounts filed 60 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€10,484
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €10,827 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€10,484
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-06-2026, 60 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 · 9 filings
Deviation from the deadline
2025
60 days late
2024
225 days late
2023
1 day early
2022
212 days late
2021
30 days early
2020
50 days early
2019
4 days late
← 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 60 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 152 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€10,484 View
  • Caution: From profit to loss in 2025after a profit of €281,967 in 2024 -€10,827 View
  • Caution: Less equity than 84% of companies in wholesale tradesector median €56,596 · 13,771 companies -€10,484 View

Recent changes

  1. · Gazette deed Registered office moved from Menen to Hamme
  2. · Gazette deed Resignations: VAN MULDERS,Joke, HENDRIKS Gerrit and HENDRIKS MichelReappointments: VAN MULDERS,Joke, HENDRIKS Gerrit and HENDRIKS Michel
  3. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as JOKE VM: wholesale trade (NACE 46311). They are comparable in size and age: total assets between €85,400 and €201,000, founded between 2001 and 2023.

CompanyTotal assetsGross margin
JOKE VM Hamme (Vl.)€130,263€33,660
TERRE D’HERBAGE Limbourg€111,577€76,581
FRIMA DE LA HOUSSIERE Pont-à-Celles€183,258€55,489
EXO-TATI Antwerpen€103,415€21,015
VG TECHNICS Herzele€86,445€8,760
HAGELAND TRADING Diest€201,056€50,725
VGF SERVICES Faimes€85,414€70,077
Full comparison

Key facts about JOKE VM

What is the company number of JOKE VM?
The company number of JOKE VM is 0667.908.940. The VAT number is the same number with BE in front: BE 0667.908.940.
Where is JOKE VM based?
The registered office is at Sint-Annastraat 118, 9220 Hamme (Vl.).Company details
What does JOKE VM do?
According to the KBO register, the main activity is wholesale trade (NACE 46311).
What is the legal form of JOKE VM?
The legal form of JOKE VM is Private limited company (BV).
When was JOKE VM founded?
JOKE VM was founded on 20-12-2016.
Is JOKE VM still active?
Yes, JOKE VM is an active enterprise in the KBO register.
How many employees does JOKE VM have?
JOKE VM had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of JOKE VM?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €33,660 and 35 comparable companies (NACE 463). It probably lies between €130,000 and €560,000. In financial year 2024 turnover was €885,656.
Is JOKE VM profitable?
In financial year 2025, JOKE VM made a loss of €10,827.
Where can I find the annual accounts of JOKE VM?
JOKE VM filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JOKE VM due?
JOKE VM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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