JOLITOIT
ActiveSummary
JOLITOIT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €176,792 and a net result of €69,255. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+25
Solvency89▲+17
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.49 against 1.77 in 2023; short-term debt: 26.3% and cash: 40.9% of total assets), and 36% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 25-07-2025, 6 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
2 d early
2022
31 d early
2021
31 d early
2020
31 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€176,792▲ 64.4%
2023 · €107,537
Total assets
€276,328▲ 21.2%
2023 · €227,968
Net result
€69,255▲ 526%
2023 · €11,057
Working capital
€108,191▲ 94.2%
2023 · €55,724
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€20,799▲ 9.7%€9,779▼ 53.0%€6,743▼ 31.0%€14,093▲ 109%€86,712▲ 515%
Net result€18,120within the sector's middle half▼ 5.3%€8,290within the sector's middle half▼ 54.2%€7,097within the sector's middle half▼ 14.4%€11,057within the sector's middle half▲ 55.8%€69,255above the sector's middle half▲ 526%
Equity€81,092within the sector's middle half▲ 28.8%€89,382within the sector's middle half▲ 10.2%€96,480within the sector's middle half▲ 7.9%€107,537within the sector's middle half▲ 11.5%€176,792above the sector's middle half▲ 64.4%
Total assets€185,754within the sector's middle half▲ 85.0%€188,603within the sector's middle half▲ 1.5%€175,383within the sector's middle half▼ 7.0%€227,968within the sector's middle half▲ 30.0%€276,328within the sector's middle half▲ 21.2%
Debt€104,661▲ 179%€99,220▼ 5.2%€78,904▼ 20.5%€120,431▲ 52.6%€99,536▼ 17.3%
Working capital€12,541within the sector's middle half▼ 74.5%€49,710within the sector's middle half▲ 296%€64,869within the sector's middle half▲ 30.5%€55,724within the sector's middle half▼ 14.1%€108,191above the sector's middle half▲ 94.2%
Solvency43.7%within the sector's middle half▼ 19.1pp47.4%within the sector's middle half▲ 3.7pp55.0%within the sector's middle half▲ 7.6pp47.2%within the sector's middle half▼ 7.8pp64.0%within the sector's middle half▲ 16.8pp
Current ratio1.13within the sector's middle half▼ 3.271.80within the sector's middle half▲ 0.672.16within the sector's middle half▲ 0.361.77within the sector's middle half▼ 0.392.49within the sector's middle half▲ 0.71
Return on assets (ROA)9.8%within the sector's middle half▼ 9.3pp4.4%within the sector's middle half▼ 5.4pp4.0%within the sector's middle half▼ 0.3pp4.9%within the sector's middle half▲ 0.8pp25.1%above the sector's middle half▲ 20.2pp
Staff (FTE)0.3below the sector's middle half▼ 83.3%0.5▲ 66.7%0.6▲ 20.0%2.6▲ 333%3.7▲ 42.3%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 515% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €276,328
Fixed assets
€95,465 ▼ 4.8%
Current assets
€180,863 ▲ 41.6%
Equity and liabilities €276,328
Equity
€176,792 ▲ 64.4%
Debt
€99,536 ▼ 17.3%
Debt's share of the balance-sheet total falls from 52.8% to 36.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€121,183▲
2023 · €44,297
Cash flow
€103,726▲
2023 · €41,262
Debt to equity
0.56▼
2023 · 1.12
ROE
39.2%▲
2023 · 10.3%
Interest coverage
40.77▲
2023 · 13.66
Debt ≤ 1 year
€72,672▲
2023 · €72,007
Debt > 1 year
€26,865▼
2023 · €48,424
Income taxes
€18,497▲
2023 · €2,812
Staff costs
€137,383▲
2023 · €111,805
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2,600 | €11,684 | €111,805 | €137,383 | ▲ 22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,743 | €19,340 | €23,148 | €30,204 | €34,471 | ▲ 14.1% |
| Other operating charges640/8 | - | €408 | €481 | €590 | €704 | ▲ 19.3% |
| Gross operating margin9900 | €36,104 | €32,127 | €42,056 | €156,692 | €259,270 | ▲ 65.5% |
| Operating profit (loss)9901 | €20,799 | €9,779 | €6,743 | €14,093 | €86,712 | ▲ 515% |
| Financial income75/76B | - | €2,695 | €4,070 | €3,018 | €4,012 | ▲ 32.9% |
| Recurring financial income75 | €2,323 | €2,695 | €4,070 | €3,018 | €4,012 | ▲ 32.9% |
| Financial charges65/66B | - | €2,254 | €1,980 | €3,242 | €2,972 | ▼ 8.3% |
| Recurring financial charges65 | €655 | €2,254 | €1,980 | €3,242 | €2,972 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | €22,467 | €10,220 | €8,832 | €13,870 | €87,751 | ▲ 533% |
| Income taxes67/77 | €4,347 | €1,930 | €1,735 | €2,812 | €18,497 | ▲ 558% |
| Profit (loss) for the period9904 | €18,120 | €8,290 | €7,097 | €11,057 | €69,255 | ▲ 526% |
| Profit (loss) for the period to be appropriated9905 | €18,120 | €8,290 | €7,097 | €11,057 | €69,255 | ▲ 526% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €185,754 | €188,603 | €175,383 | €227,968 | €276,328 | ▲ 21.2% |
| Fixed assets21/28 | €78,119 | €76,781 | €54,707 | €100,237 | €95,465 | ▼ 4.8% |
| Tangible fixed assets22/27 | €78,119 | €76,781 | €54,707 | €100,237 | €95,465 | ▼ 4.8% |
| Plant, machinery and equipment23 | - | €44,258 | €31,914 | €21,022 | €12,975 | ▼ 38.3% |
| Furniture and vehicles24 | - | €32,523 | €22,793 | €79,216 | €82,490 | ▲ 4.1% |
| Current assets29/58 | €107,635 | €111,821 | €120,676 | €127,731 | €180,863 | ▲ 41.6% |
| Stocks and contracts in progress3 | - | - | €13,975 | - | - | - |
| Contracts in progress37 | - | - | €13,975 | - | - | - |
| Amounts receivable within one year40/41 | €40,384 | €40,206 | €37,561 | €62,005 | €56,754 | ▼ 8.5% |
| Trade receivables40 | - | €26,326 | €26,676 | €40,750 | €49,868 | ▲ 22.4% |
| Other amounts receivable41 | - | €13,880 | €10,885 | €21,255 | €6,885 | ▼ 67.6% |
| Cash at bank and in hand54/58 | €56,511 | €60,700 | €57,843 | €54,839 | €113,096 | ▲ 106% |
| Deferred charges and accrued income490/1 | - | €10,915 | €11,297 | €10,887 | €11,013 | ▲ 1.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €185,754 | €188,603 | €175,383 | €227,968 | €276,328 | ▲ 21.2% |
| Equity10/15 | €81,092 | €89,382 | €96,480 | €107,537 | €176,792 | ▲ 64.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €73,032 | €81,322 | €88,420 | €99,477 | €168,732 | ▲ 69.6% |
| Amounts payable17/49 | €104,661 | €99,220 | €78,904 | €120,431 | €99,536 | ▼ 17.3% |
| Amounts payable after more than one year17 | €9,568 | €37,109 | €23,096 | €48,424 | €26,865 | ▼ 44.5% |
| Financial debts170/4 | - | €37,109 | €23,096 | €48,424 | €26,865 | ▼ 44.5% |
| Amounts payable within one year42/48 | €95,094 | €62,112 | €55,807 | €72,007 | €72,672 | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | - | €14,037 | €14,012 | €21,709 | €21,560 | ▼ 0.7% |
| Trade debts44 | €57,721 | €4,777 | €1,155 | €9,591 | €5,336 | ▼ 44.4% |
| Suppliers440/4 | - | €4,777 | €1,155 | €9,591 | €5,336 | ▼ 44.4% |
| Taxes, remuneration and social security45 | - | €19,688 | €10,757 | €25,285 | €28,955 | ▲ 14.5% |
| Taxes450/3 | - | €3,825 | €4,132 | €7,318 | €16,906 | ▲ 131% |
| Remuneration and social security454/9 | - | €15,863 | €6,625 | €17,967 | €12,050 | ▼ 32.9% |
| Other amounts payable47/48 | - | €23,609 | €29,884 | €15,421 | €16,820 | ▲ 9.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,120 | €8,290 | €7,097 | €11,057 | €69,255 | ▲ 526% |
| + Depreciation and write-downs630 | €11,743 | €19,340 | €23,148 | €30,204 | €34,471 | ▲ 14.1% |
| Operating cash flow (approximation) | €29,863 | €27,630 | €30,245 | €41,262 | €103,726 | ▲ 151% |
| Investment in fixed assets (approximation) | - | -€18,002 | -€1,074 | -€75,734 | -€29,699 | ▲ 60.8% |
| Change in cash | - | €4,189 | -€2,857 | -€3,004 | €58,257 | ▲ 2,039% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €69,255 ▲526%
Operating result €86,712, net result €69,255, both a record.
31-12
Financial
Equity above €150,000Eq €176,792 ▲64.4%
7 profitable years in a row build equity to €176,792.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €107,537 ▲11.5%
6 profitable years in a row build equity to €107,537.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7,097 ▼14.4%
Net result drops to €7,097, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 4.40
Current ratio from 1.58 to 4.40; short-term debt falls from €45,035 to €14,482.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Verviers · 1 establishment unit since 2017
Ground area
1,156 m²
Building footprint
133 m²
Volume, LiDAR
765 m³
Parcel 63059B0322/00F002, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
JOLITOIT
since 20172.262.635.163
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63059B0322/00F002 | Wallonia | 1,156 m² | 1 · 133 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. 3,683 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
16281Manufacture of other wood products
31009Manufacture of furniture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672633335
Also
9925:BE0672633335
Registered
28-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.