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JOOSTI

Active
Private limited companyfounded 199135 yrs activeWerft 3, 9230 Wetteren, BelgiumKBO/BCE: BE 0444.503.290
Summary

The annual accounts of JOOSTI for fiscal year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-22k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 7780 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability11▼-61
Solvency29▼-5
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.26 against 0.3 in 2024; short-term debt: 91.3% and cash: 11.2% of total assets), and 96.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.6%
Return on assets
-8.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7780 sector peers (2025).
NBB · sector comparison
Position among 7780 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
21 d late
2023
26 d late
2022
23 d late
2021
51 d late
2020
160 d late
2019
1 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€9k▼ 70.4%
2024 · €31k
Total assets
€259k▼ 22.0%
2024 · €332k
Net result
€-22k
2024 · €10k
Working capital
€-176k▲ 7.9%
2024 · €-191k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€-2k€-5k▼ 83.7%€8k€20k▲ 159%€-18k
Net result€-5k€-7k▼ 27.4%€2k€10k▲ 393%€-22k
Equity€27k▼ 17.0%€20k▼ 26.1%€22k▲ 9.9%€31k▲ 44.3%€9k▼ 70.4%
Total assets€259k▲ 487%€359k▲ 38.6%€346k▼ 3.6%€332k▼ 3.9%€259k▼ 22.0%
Debt€232k▲ 1,824%€339k▲ 46.0%€324k▼ 4.4%€301k▼ 7.1%€250k▼ 17.0%
Working capital€-179k€-222k▼ 23.5%€-190k▲ 14.3%€-191k▼ 0.5%€-176k▲ 7.9%
Staff (FTE)3.46.5▲ 91.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €-2k€-2kNet result 2021: €-5k€-5kOperating result 2022: €-5k€-5kNet result 2022: €-7k€-7kOperating result 2023: €8k€8kNet result 2023: €2k€2kOperating result 2024: €20k€20kNet result 2024: €10k€10kOperating result 2025: €-18k€-18kNet result 2025: €-22k€-22k20212022202320242025€-40k€-20k€0€20kOperating result 2023: €8k€7.7kNet result 2023: €2k€1.9kOperating result 2024: €20k€20kNet result 2024: €10k€9.6kOperating result 2025: €-18k€-18kNet result 2025: €-22k€-22k202320242025
The operating result turns negative in 2025: a loss of €18k after €20k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259k
Fixed assets €198k ▼ 20.3%
Current assets €61k ▼ 27.3%
Equity and liabilities €259k
Equity €9k ▼ 70.4%
Debt €250k ▼ 17.0%
Debt's share of the balance-sheet total rises from 90.6% to 96.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1k▼
2024 · €46k
Cash flow
€-3k▼
2024 · €35k
Current ratio
0.26▼
2024 · 0.30
Debt to equity
27.07▲
2024 · 9.66
ROE
-237.7%▼
2024 · 30.7%
ROA
-8.5%▼
2024 · 2.9%
Interest coverage
0.30▼
2024 · 11.01
Debt ≤ 1 year
€236k▼
2024 · €274k
Debt > 1 year
€10k▼
2024 · €24k
Income taxes
€0▼
2024 · €7k
Staff costs
€0▼
2024 · €206
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€332k€259k▼
Fixed assets21/28€249k€198k▼
Tangible fixed assets22/27€249k€198k▼
Land and buildings22€169k€160k▼
Plant, machinery and equipment23€44k€27k▼
Furniture and vehicles24€16k€12k▼
Leasing and similar rights25€20k€0▼
Current assets29/58€83k€61k▼
Amounts receivable within one year40/41€7k€31k▲
Trade receivables40€2k€28k▲
Other amounts receivable41€5k€3k▼
Current investments50/53€42k€0▼
Cash at bank and in hand54/58€34k€29k▼
Deferred charges and accrued income490/1€482€618▲
Equity and liabilities
Total equity and liabilities10/49€332k€259k▼
Equity10/15€31k€9k▼
Contributions10/11€6k€6k=
Reserves13€25k€10k▼
Distributable reserves133€25k€10k▼
Profit (loss) carried forward14€0€-7k▼
Amounts payable17/49€301k€250k▼
Amounts payable after more than one year17€24k€10k▼
Financial debts170/4€24k€10k▼
Amounts payable within one year42/48€274k€236k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€3k€10k▲
Suppliers440/4€3k€10k▲
Taxes, remuneration and social security45€891€5k▲
Taxes450/3€891€5k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€256k€206k▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement Code20242025
Remuneration, social security and pensions62€206€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€19k▼
Other operating charges640/8€3k€8k▲
Gross operating margin9900€49k€9k▼
Operating profit (loss)9901€20k€-18k▼
Financial income75/76B€616€176▼
Recurring financial income75€616€176▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€17k€-22k▼
Income taxes67/77€7k€0▼
Profit (loss) for the period9904€10k€-22k▼
Profit (loss) for the period to be appropriated9905€10k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-22k▼
Profit (loss) brought forward from the previous period14P€3k€0▼
Transfer from equity791/2-€15k
Transfer to equity691/2€13k€0▼
To other reserves6921€13k€0▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€11k€29k€206€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€19k€47k€26k€19k▼ 25.2%
Other operating charges640/8€2k€3k€3k€3k€8k▲ 151%
Gross operating margin9900€12k€28k€86k€49k€9k▼ 81.5%
Operating profit (loss)9901€-2k€-5k€8k€20k€-18k▼ 190%
Financial income75/76B-€10€7€616€176▼ 71.4%
Recurring financial income75-€10€7€616€176▼ 71.4%
Financial charges65/66B€2k€2k€4k€4k€4k▼ 2.9%
Recurring financial charges65€2k€2k€4k€4k€4k▼ 2.9%
Profit (loss) for the period before taxes9903€-5k€-7k€4k€17k€-22k▼ 233%
Income taxes67/77€821€86€2k€7k€0▼ 100%
Profit (loss) for the period9904€-5k€-7k€2k€10k€-22k▼ 329%
Profit (loss) for the period to be appropriated9905€-5k€-7k€2k€10k€-22k▼ 329%
Line20212022202320242025Change
Assets
Total assets20/58€259k€359k€346k€332k€259k▼ 22.0%
Fixed assets21/28€210k€289k€242k€249k€198k▼ 20.3%
Tangible fixed assets22/27€207k€289k€242k€249k€198k▼ 20.3%
Land and buildings22€207k€196k€182k€169k€160k▼ 5.7%
Plant, machinery and equipment23-€76k€53k€44k€27k▼ 38.8%
Furniture and vehicles24-€3k€2k€16k€12k▼ 26.7%
Leasing and similar rights25-€8k€6k€20k€0▼ 100%
Other tangible fixed assets26-€6k€0---
Financial fixed assets28€2k-----
Current assets29/58€49k€70k€103k€83k€61k▼ 27.3%
Amounts receivable within one year40/41€3k€8k€323€7k€31k▲ 341%
Trade receivables40---€2k€28k▲ 1,090%
Other amounts receivable41€3k€8k€323€5k€3k▼ 46.0%
Current investments50/53€42k€42k€42k€42k€0▼ 100%
Cash at bank and in hand54/58€4k€18k€61k€34k€29k▼ 13.9%
Deferred charges and accrued income490/1-€1k€0€482€618▲ 28.3%
Equity and liabilities
Total equity and liabilities10/49€259k€359k€346k€332k€259k▼ 22.0%
Equity10/15€27k€20k€22k€31k€9k▼ 70.4%
Contributions10/11€6k€6k€6k€6k€6k=
Reserves13€12k€12k€12k€25k€10k▼ 61.7%
Distributable reserves133€12k€12k€12k€25k€10k▼ 61.7%
Profit (loss) carried forward14€8k€1k€3k€0€-7k-
Amounts payable17/49€232k€339k€324k€301k€250k▼ 17.0%
Amounts payable after more than one year17-€46k€31k€24k€10k▼ 59.3%
Financial debts170/4-€46k€31k€24k€10k▼ 59.3%
Amounts payable within one year42/48€228k€291k€293k€274k€236k▼ 13.8%
Current portion of amounts payable after more than one year42-€14k€16k€14k€15k▲ 7.4%
Financial debts43€851-----
Credit institutions430/8€851-----
Trade debts44-€84k€5k€3k€10k▲ 232%
Suppliers440/4-€84k€5k€3k€10k▲ 232%
Taxes, remuneration and social security45€1k€2k€6k€891€5k▲ 407%
Taxes450/3€1k€19€3k€891€5k▲ 407%
Remuneration and social security454/9-€2k€3k€0--
Other amounts payable47/48€227k€191k€266k€256k€206k▼ 19.4%
Accrued charges and deferred income492/3€4k€2k€0€3k€3k▲ 39.6%
Line20212022202320242025Change
Profit (loss) for the period9904€-5k€-7k€2k€10k€-22k▼ 329%
+ Depreciation and write-downs630€13k€19k€47k€26k€19k▼ 25.2%
Operating cash flow (approximation)€7k€12k€49k€35k€-3k▼ 107%
Investment in fixed assets (approximation)-€-98k€0€-32k€31k▲ 197%
Change in cash-€15k€42k€-27k€-5k▲ 82.6%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial Highest result since 2018net €10k ▲393%
Operating result €20k, net result €10k, both a record.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
20-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
07-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 160 days late
2020
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are 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, Wetteren · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,058 m²
Building footprint
318 m²
Volume, LiDAR
1,064 m³
Parcel 42024C0362/00B000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Werft 3, 9230 Wetteren
Freight transport by road
since 20162.250.761.868
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42024C0362/00B000 Flanders 1,058 m² 1 · 318 m² 6.4 m · 1 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 352 EUR awarded · 352 EUR paid
Year Entries awardedpaid
2025 1 176 EUR176 EUR
2024 1 176 EUR176 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 352 EUR · 352 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

894500GEMUTSXOPSWD78
live in the LEI register

Similar companies · same sector, comparable size

Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 4,389 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
Founded27-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
49410Freight transport by road
53200Other postal and courier activities

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