Summary
Joro - Invest is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.04M and a net result of €271k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 6156 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
29 d late
2022
11 d early
2021
45 d early
2020
30 d early
2019
81 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.04M▲ 35.3%
2023 · €766k
2018: €662k
2019: €684k
2020: €750k
2021: €723k
2022: €757k
2023: €766k
2018 → 2024
Net result
€271k▲ 2,897%
2023 · €9k
2018: €-3k
2019: €22k
2020: €67k
2021: €-34k
2022: €34k
2023: €9k
2018 → 2024
Total assets
€1.06M▲ 35.0%
2023 · €787k
2018: €865k
2019: €918k
2020: €998k
2021: €991k
2022: €784k
2023: €787k
2018 → 2024
Solvency
97.6%▲ 0.3pp
2023 · 97.3%
2018: 76.5%
2019: 74.4%
2020: 75.1%
2021: 73.0%
2022: 96.6%
2023: 97.3%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€750k-€723k▼ 3.6%€757k▲ 4.7%€766k▲ 1.2%€1.04M▲ 35.3%
Operating result€102k-€-28k€35k€24k▼ 32.8%€373k▲ 1,467%
Net result€67k-€-34k€34k€9k▼ 73.8%€271k▲ 2,897%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,467% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.06M
Fixed assets
€305k ▲ 7.5%
Current assets
€757k ▲ 50.4%
Equity and liabilities €1.06M
Equity
€1.04M ▲ 35.3%
Debt
€25k ▲ 21.0%
Debt's share of the balance-sheet total falls from 2.7% to 2.4%. Equity and debt are higher.
Key figures and ratios
ROE
26.1%▲
2023 · 1.2%
ROA
25.5%▲
2023 · 1.1%
Debt ≤ 1 year
€25k▲
2023 · €21k
Income taxes
€102k▲
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€787k€1.06M▲
Fixed assets21/28€284k€305k▲
Tangible fixed assets22/27€85k€106k▲
Land and buildings22€67k€88k▲
Furniture and vehicles24€0-
Other tangible fixed assets26€18k€18k=
Financial fixed assets28€199k€199k=
Current assets29/58€503k€757k▲
Amounts receivable within one year40/41€33k€333k▲
Trade receivables40€29k€29k=
Other amounts receivable41€5k€305k▲
Cash at bank and in hand54/58€441k€395k▼
Deferred charges and accrued income490/1€29k€29k▲
Equity and liabilities
Total equity and liabilities10/49€787k€1.06M▲
Equity10/15€766k€1.04M▲
Contributions10/11€66k€66k=
Capital10€66k€66k=
Issued capital100€66k€66k=
Reserves13€700k€971k▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€656k€927k▲
Amounts payable17/49€21k€25k▲
Amounts payable within one year42/48€21k€25k▲
Financial debts43€5k€0▼
Credit institutions430/8€5k€0▼
Trade debts44€628€3k▲
Suppliers440/4€628€3k▲
Taxes, remuneration and social security45€15k€22k▲
Taxes450/3€15k€22k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€34k€383k▲
Operating profit (loss)9901€24k€373k▲
Financial income75/76B€0€142▲
Recurring financial income75€0€142▲
Financial charges65/66B€606€376▼
Recurring financial charges65€606€376▼
Profit (loss) for the period before taxes9903€23k€372k▲
Income taxes67/77€14k€102k▲
Profit (loss) for the period9904€9k€271k▲
Profit (loss) for the period to be appropriated9905€9k€271k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€271k▲
Transfer to equity691/2€9k€271k▲
To other reserves6921€9k€271k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €271k ▲2897%
Operating result €373k, net result €271k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲35.3%
3 profitable years in a row build equity to €1.04M.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 19.05
Current ratio from 2.55 to 19.05; short-term debt falls from €268k to €26k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-34k ▼150%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
Show earlier events
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Genk · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Meeënheide 1133600 GenkGround area
2,977 m²
Building footprint
217 m²
Volume, LiDAR
1,911 m³
Parcel 71305F1352/00G021, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Meeënheide 113, 3600 Genk
since 20002.091.360.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F1352/00G021 | Flanders | 2,977 m² | 1 · 217 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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ESTHEE
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DE BIE JOHAN
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 12,595 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-02-1999
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.