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JOKI

Active
Private limited companyfounded 2023active for 3 yearsJules Moretuslei 269, 2610 Antwerpen, BelgiumKBO/BCE: BE 0805.789.094
Summary

The computed 12-month bankruptcy probability of JOKI is 6.3% (elevated). The 2024 annual accounts show negative equity (-€11,576) and a net result of -€14,576. Its solvency ranks better than 14% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of newspapers and periodicals
NACE 47621
1 site
Size
€35,742total assets 2024
Equity
-€11,576
Loss
-€14,576
Turnover not published (micro format)
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.3%
Structure
2024 accounts filed 90 days late
Why 33raises riskFigures for financial year 2024 (filed 06-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 90 days late; 1 of the last 3 lateFounded in 2023Loss of €14,576 (financial year 2024)Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 15% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency 0
equity -32.4% of total assets
Liquidity 34
short-term debt 132.4% · cash 27.2%
Profitability 0
return on assets -40.8%
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,231 companies, NACE 47, micro)
Last 24 months 11-2024: 1.9%lowest value 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 2.3%▲ +0.4 percentage points vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.6%▲ +0.3 percentage points vs 02-2025 04-2025: 2.9%▲ +0.3 percentage points vs 03-2025 05-2025: 2.9%● unchanged vs 04-2025 06-2025: 2.8%▼ -0.1 percentage points vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 3.0%▲ +0.2 percentage points vs 07-2025 09-2025: 3.2%▲ +0.2 percentage points vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.3%▲ +0.1 percentage points vs 11-2025 01-2026: 3.2%▼ -0.1 percentage points vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.3%▲ +0.1 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.4%▲ +0.1 percentage points vs 05-2026 07-2026: 3.5%▲ +0.1 percentage points vs 06-2026 08-2026: 4.3%▲ +0.8 percentage points vs 07-2026 09-2026: 4.7%▲ +0.4 percentage points vs 08-2026 10-2026: 6.3%▲ +1.6 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.6, below 1; short-term debt: 132.4% and cash: 27.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 6% on solvency, 31% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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Signals

Six signals.
raises risk
raises risk · Figures for financial year 2024 (filed 06-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 90 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €14,576 (financial year 2024)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · 2024 accounts filed 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 1 filing
Deviation from the deadline
2024
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 90 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. IncorporationAppointment: VIGNARAJAH Kinthuja (director) ·…

Financials · financial year 2024, micro format

2024 annual accounts filed late (90 days) Filed on 29 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00563421.

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€11,576
Total assets
€35,742
Net result
-€14,576
Working capital
-€18,902

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €35,742
Fixed assets €7,326
Current assets €28,416
Equity and liabilities
Equity-€11,576
Debt€47,318
Equity is negative: debt (€47,318) exceeds the balance-sheet total (€35,742).
Key figures and ratios
2024 value
EBITDA
-€12,803
Cash flow
-€12,874
Solvency
-32.4%
Current ratio
0.60
Quick ratio
0.23
ROA
-40.8%
Interest coverage
-178.09
Debt
€47,318
Debt ≤ 1 year
€47,318
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€35,742
Fixed assets21/28€7,326
Tangible fixed assets22/27€7,326
Land and buildings22€1,916
Plant, machinery and equipment23€5,410
Current assets29/58€28,416
Stocks and contracts in progress3€17,500
Stocks30/36€17,500
Amounts receivable within one year40/41€1,184
Trade receivables40€1,184
Cash at bank and in hand54/58€9,732
Equity and liabilities
Total equity and liabilities10/49€35,742
Equity10/15-€11,576
Contributions10/11€3,000
Capital10€3,000
Issued capital100€3,000
Profit (loss) carried forward14-€14,576
Amounts payable17/49€47,318
Amounts payable within one year42/48€47,318
Trade debts44€39,629
Suppliers440/4€39,629
Taxes, remuneration and social security45€3,331
Taxes450/3€3,331
Other amounts payable47/48€4,358
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,701
Other operating charges640/8€248
Gross operating margin9900-€12,554
Operating profit (loss)9901-€14,504
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903-€14,576
Profit (loss) for the period9904-€14,576
Profit (loss) for the period to be appropriated9905-€14,576
Appropriation of the result
Profit (loss) to be appropriated9906-€14,576

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,701
Other operating charges640/8€248
Gross operating margin9900-€12,554
Operating profit (loss)9901-€14,504
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903-€14,576
Profit (loss) for the period9904-€14,576
Profit (loss) for the period to be appropriated9905-€14,576
Line2024
Assets
Total assets20/58€35,742
Fixed assets21/28€7,326
Tangible fixed assets22/27€7,326
Land and buildings22€1,916
Plant, machinery and equipment23€5,410
Current assets29/58€28,416
Stocks and contracts in progress3€17,500
Stocks30/36€17,500
Amounts receivable within one year40/41€1,184
Trade receivables40€1,184
Cash at bank and in hand54/58€9,732
Equity and liabilities
Total equity and liabilities10/49€35,742
Equity10/15-€11,576
Contributions10/11€3,000
Capital10€3,000
Issued capital100€3,000
Profit (loss) carried forward14-€14,576
Amounts payable17/49€47,318
Amounts payable within one year42/48€47,318
Trade debts44€39,629
Suppliers440/4€39,629
Taxes, remuneration and social security45€3,331
Taxes450/3€3,331
Other amounts payable47/48€4,358
Line2024
Profit (loss) for the period9904-€14,576
+ Depreciation and write-downs630€1,701
Operating cash flow (approximation)-€12,874

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 29-10-2025 2025-00563421

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 2,284 active companies whose main activity is retail sale of newspapers and periodicals (NACE 47621), figures are known for 1,251. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
VIGNARAJAH Kinthuja
Director · since 15-09-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
VIGNARAJAH Kinthuja
  • Director, from 15-09-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 15-09-2023 ↗
  • VIGNARAJAH Kinthuja 50 shares (50%) · €1,500
  • JODSANFENANDO John Kenadi 50 shares (50%) · €1,500

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 15-09-2023 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 13 September 2023, JOKI was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 VIGNARAJAH Kinthuja has served as director of the company since 2023.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-09-2023
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
29-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 90 days late
2023
15-09
Gazette deed Incorporation
Appointment: VIGNARAJAH Kinthuja (director) · Founder · Founding capital7 facts ▸
  • Incorporation, 12-09-2023
  • Founder, VIGNARAJAH Kinthuja
  • Founder, JODSANFENANDO John Kenadi
  • Founding capital, €3,000
  • Director appointment, VIGNARAJAH Kinthuja (director)
  • Declaration, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch)
  • Other provision, “bestuurder, bestuurder van lasthebber” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded13-09-2023
Financial year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47252Retail sale of beverages, general range
47260Retail trade
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805789094
Also 9925:BE0805789094
Registered 10-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpenunit no. 2.349.376.523
1 permission
Authorisation · Detailhandel · since 16-09-2024

Environmental permits

1 application in Flanders since 2023 · 1 granted
Functiewijziging
Granted on 08-03-2024submitted 15-12-2023authority: Antwerpenproject 2023156333

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
119 m²
Building footprint
80 m²
Building volume
862 m³
Parcel 11051B0169/03F000, Flanders · tallest building 11.9 m. Linked by address, not a title deed.
1 establishment unit
JOKI
Jules Moretuslei 269, 2610 AntwerpenRetail sale of beverages, general range
since 2023unit no. 2.349.376.523
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11051B0169/03F000 Flanders 119 m² 1 · 80 m² 11.9 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Uitbating van een dagwinkel; Kleinhandel,algemene voeding waarbij voedings- en genotmiddelen overheersen; Organiseren van…” (deed in Dutch)
19 activities (deed in Dutch)
  1. Uitbating van een dagwinkel;
  2. Kleinhandel,algemene voeding waarbij voedings- en genotmiddelen overheersen;
  3. Organiseren van evenementen,projectmanagement,dit alles in de meest ruime zin;
  4. Promo koerier voor uitdelen van folders of catalogi van bus tot bus,of aanvullen van reclamedisplays;
  5. Marketing.
  6. Verkoop van loterijbiljetten van alle aard,weddenschappen en aanverwante producten;
  7. Verkoop van snoepgoed,belegde broodjes;
  8. Verkoop van papier- en schrijfwaren,school- en kantoorbenodigdheden;
  9. Verkoop van speelgoed en allerlei fantasie-artikelen;
  10. Verkoop van audiovisueel materiaal zoals foto,film,video en toebehoren,alsmede de levering van alle hiermee aanverwante artikelen,producten en diensten,inzonderheid de verhuring van fotokopieen faxtoestellen.
  11. Import en export van handelsgoederen welke zonder bewerking kunnen worden doorverkocht,verkoop van tweedehandsgoederen,recyclage en verkoop van oud papier,kleding,metalen. Dit alles in de meest uitgebreide betekenis van de termen.
  12. Zowel in eigen naam en voor eigen rekening als in naam en voor rekening van derden,alleen of in samenwerking met derden,als vertegenwoordiger,tussenpersoon of commissionair,in webshops en in fysieke winkels: de aan- en verkoop,de groot- en kleinhandel,de in- en uitvoer,de verhuring,het ontwerpen,de fabricatie,het vervaardigen,het verstelwerk van: textiel,ceremonie-,beroeps-,sporten andere kleding,bontwerk,lederwaren,schoeisel,kousen,hoeden,fantasiejuwelen en alle mogelijke kledingaccessoires en modeartikelen,zowel voor dames,heren als voor kinderen. Onder anderen verkoop,de groot- en kleinhandel,de in- en uitvoer,de verhuring,het ontwerpen,de fabricatie,het vervaardigen van speelgoed,sportartikelen,verzorgingsartikelen,toilet artikelen,educatief materiaal,gadgets,meubilair,elektronica,en decoratie materialen.
  13. Het schrijven,publiceren,vertalen,copywrighten van persartikelen en publicitaire artikelen enzovoort.
  14. Vertegenwoordiging en verkoop en commissiehandel op diensten en goederen,in de meest brede zin.
  15. Alle commerciële activiteiten op commissie.
  16. Handelsvertegenwoordiging.
  17. Het organiseren verzorgen van catering,feestjes,recepties,bruiloften,banketten,cocktails,lunches,enzovoort,met inbegrip van het klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels.
  18. Het uitbaten van cafés,restaurants,hotels.
  19. Koerierdiensten. Het verzamelen,vervoeren en afleveren van pakjes en poststukken in binnen- en buitenland.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
JOKI
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, Jules Moretuslei 269,2610 Antwerpen (Wilrijk)” (deed in Dutch)

deed of 15-09-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur,statutair bestuurder mogelijk indien benoemd in statuten, bestuursorgaan” (deed in Dutch)
“Vaste of evenredige vergoeding, vergoeding bestuurders” (deed in Dutch)
Permanent representativeA company that is a director names a natural person to carry out the mandate on its behalf.
“Vaste vertegenwoordiger” (deed in Dutch)

deed of 15-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Monday of June at 18:00

deed of 15-09-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 15-09-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie nodige sommen en na herstel evenwicht tussen niet-volgestorte aandelen via bijkomende…” (deed in Dutch)
Other provision: “Dagelijks bestuur, één of meer leden als gedelegeerd bestuurder of één of meer directeurs” (deed in Dutch)
Other provision: “Hernieuwbare termijn van drie jaar, controle vennootschap” (deed in Dutch)
1 more provision in the deed, see the deed of 15-09-2023

deed of 15-09-2023