Equity
-€30,790
Debts exceed assets in financial year 2025.
JOLLY GOOD LIFE
Lifetime
15 annual accounts with figures on one time axisGross marginpeak €46,594 (2025)
€46,594▲ 110%
Resultlowest -€25,759 (2011)
-€3,607▲ €4,191
Equitypeak €8,333 (2010)
-€30,790▼ €3,607
Debts
€70,737▲ 8.3%
Staffpeak 1.5 FTE (2012)
-not published
Board1 name since 2021
1 directorSINGH Bhupinder
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €22,163 to €46,594Loss of €3,607Equity from -€27,183 to -€30,790
Key points
from the 2025 annual accountsLosses
-€11,404 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€70,737 177% of the balance sheet
Suppliers 33%Taxes and wages 11%Other 56%
Of this, €66,808 falls due within a year.
Staff
3 employees on 31-12-2025
In 2025, 3 people joined and 2 left.
Filings
15 annual accounts since 2010
Ten of the last ten came late. The 2015 accounts came latest: 144 days after the end of the period.
Position in the sector
-€30,790
Less equity than 89% of companies in personal services. Sector median €15,333 · 5,742 companies.
Checked score
53
Fair
Financially stronger than 21% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,627 companies (NACE 96, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.7%▲ +0.3 percentage points vs 04-2025
06-2025: 1.6%▼ -0.1 percentage points vs 05-2025
07-2025: 1.8%▲ +0.2 percentage points vs 06-2025
08-2025: 2.3%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 2.0%▼ -0.3 percentage points vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 1.0%▼ -1.0 percentage point vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.5%▲ +0.4 percentage points vs 07-2026
09-2026: 0.7%▼ -0.8 percentage points vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€30,790
Loss of €3,607, the second in a row (financial year 2025)
lowers risk
Size: total assets €39,947
Founded in 2009
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 96, micro). It does better than 11% of them on solvency, 26% on liquidity, 20% on profitability and 27% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 2,333 companies had the same profile as JOLLY GOOD LIFE has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JOLLY GOOD LIFE itself: 0.7% 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 2,333 companies, not a prediction for JOLLY GOOD LIFE. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.6 (0.6 in 2024), below 1. Short-term debt is 167.2% and cash 26.7% of total assets. Equity is negative.
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
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€30,790
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 days late
2024
27 days late
2023
29 days late
2022
57 days late
2021
26 days late
2020
25 days late
2019
31 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 32 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0816813640
Registered office moved within Brakel
New registered office: Brusselsestraat 33 B001, 9660 Brakel · Previous registered office: Gauwstraat 15, 9660 Brakel · Reappointment: SINGH Bhupinder (statutory director) · General meeting of 05-01-2024 · Gazette deed
First establishment
PANIMO, Gauwstraat 13, Brakel
Incorporation
published on 16-07-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| JOLLY GOOD LIFE Brakel | €39,947 | €46,594 | -77.1% | - |
| C'Mar Aartselaar | €43,077 | €36,036 | 71.9% | - |
| Dé S Steenokkerzeel | €36,529 | €49,470 | -31.0% | - |
| Kortfilm.be Ixelles | €36,213 | €41,564 | 17.0% | - |
| VAN8 Lubbeek | €64,699 | €44,581 | 44.7% | - |
| Studio Feniks Leuven | €55,698 | €45,630 | -45.9% | - |
| PERITIA CONSULT Overijse | €50,352 | €59,870 | 40.8% | - |
These companies have the same main activity as JOLLY GOOD LIFE: other personal services (NACE 96999). They are comparable in size and age: total assets between €36,200 and €64,700, founded between 2002 and 2014.
Official details
Source: KBO- Status
- Active since 06-07-2009Normal situation
- Activity
- Other personal servicesNACE 96999and 1 other
- Joint committee
- 322.01Approved companies for local work and services · annual accounts 2025
- Establishment unit
- 2.179.414.4109660 Brakel, since 20-07-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- Turnover
- ≈ €140,000estimated
- Total assets
- €39,947▲ 4.7%
- Employeeson 31-12-2025
- 3▲ 50.0%
- Filing
- Filed on 26-08-2026
Insights on JOLLY GOOD LIFE
JOLLY GOOD LIFE files the micro format. That format states no turnover. The gross margin rose from €11,746 in 2010 to €46,594 in 2025.
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 JOLLY GOOD LIFE
- What is the company number of JOLLY GOOD LIFE?
- The company number of JOLLY GOOD LIFE is 0816.813.640. The VAT number is the same number with BE in front: BE 0816.813.640.
- Where is JOLLY GOOD LIFE based?
- The registered office is at Brusselsestraat 33, 9660 Brakel.Company details
- What does JOLLY GOOD LIFE do?
- According to the KBO register, the main activity is other personal services (NACE 96999).
- What is the legal form of JOLLY GOOD LIFE?
- JOLLY GOOD LIFE is a private limited company (BV).
- When was JOLLY GOOD LIFE founded?
- JOLLY GOOD LIFE was founded on 06-07-2009.
- Is JOLLY GOOD LIFE still active?
- Yes, JOLLY GOOD LIFE is an active enterprise in the KBO register.
- How many employees does JOLLY GOOD LIFE have?
- JOLLY GOOD LIFE had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does JOLLY GOOD LIFE fall under?
- In its 2025 annual accounts, JOLLY GOOD LIFE states joint committee 322.01 (Approved companies for local work and services).
- What is the turnover of JOLLY GOOD LIFE?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €46,594 and 51 comparable companies (NACE 96). It probably lies between €100,000 and €200,000.
- Is JOLLY GOOD LIFE profitable?
- In financial year 2025, JOLLY GOOD LIFE made a loss of €3,607.
- Where can I find the annual accounts of JOLLY GOOD LIFE?
- JOLLY GOOD LIFE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JOLLY GOOD LIFE due?
- JOLLY GOOD LIFE must file the annual accounts for financial year 2026 by 31-07-2027.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 Compare the other recognised service-voucher companies in Brakel and what they charge.Service voucher comparison 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 See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.