JOSAGIU
ActiveSummary
JOSAGIU has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,238 and a net result of €43,085. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 94% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2025
Profitability100▲+100
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 12.33; short-term debt: 5.5% and cash: 29.9% of total assets), and 5.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.5%
Return on assets
36.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1920212223242525
2019 to 2025 · latest year €111,238
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2025
44 d early
2024
2 d early
2023
6 d late
2022
27 d late
2021
on the day
2020
1 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43,085
2025 · -€12,857
Working capital
€73,009▲ 109%
2025 · €34,856
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20222023202420252025
Operating result€29,079▲ 1,509%€12,924▼ 55.6%-€28,891-€14,684▲ 49.2%€43,950-
Net result€26,712within the sector's middle half▲ 886%€11,853within the sector's middle half▼ 55.6%-€26,942within the sector's middle half-€12,857below the sector's middle half▲ 52.3%€43,085above the sector's middle half-
Equity€106,933within the sector's middle half▲ 1.6%€108,785within the sector's middle half▲ 1.7%€81,843within the sector's middle half▼ 24.8%€68,986within the sector's middle half▼ 15.7%€111,238within the sector's middle half-
Total assets€148,612below the sector's middle half▲ 28.9%€130,163below the sector's middle half▼ 12.4%€86,351below the sector's middle half▼ 33.7%€69,631below the sector's middle half▼ 19.4%€117,683below the sector's middle half-
Debt€41,679▲ 315%€21,377▼ 48.7%€4,508▼ 78.9%€645▼ 85.7%€6,445-
Working capital€80,247within the sector's middle half▲ 45.2%€61,538within the sector's middle half▼ 23.3%€43,147within the sector's middle half▼ 29.9%€34,856within the sector's middle half▼ 19.2%€73,009within the sector's middle half-
Solvency72.0%above the sector's middle half▼ 19.3pp83.6%above the sector's middle half▲ 11.6pp94.8%above the sector's middle half▲ 11.2pp99.1%above the sector's middle half▲ 4.3pp94.5%above the sector's middle half-
Current ratio5.81above the sector's middle half▼ 0.693.88above the sector's middle half▼ 1.9310.57above the sector's middle half▲ 6.6955.05above the sector's middle half▲ 44.4812.33above the sector's middle half-
Return on assets (ROA)18.0%above the sector's middle half▲ 15.6pp9.1%above the sector's middle half▼ 8.9pp-31.2%below the sector's middle half▼ 40.3pp-18.5%below the sector's middle half▲ 12.7pp36.6%above the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €117,683
Fixed assets
€38,229 ▲ 12.0%
Current assets
€79,454 ▲ 124%
Equity and liabilities €117,683
Equity
€111,238 ▲ 61.2%
Debt
€6,445 ▲ 899%
Debt's share of the balance-sheet total rises from 0.9% to 5.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45,851▲
2025 · -€5,098
Cash flow
€44,987▲
2025 · -€3,271
Debt to equity
0.06▲
2025 · 0.01
ROE
38.7%▲
2025 · -18.6%
Interest coverage
501.11▲
2025 · -27.74
Debt ≤ 1 year
€6,445▲
2025 · €645
Income taxes
€1,840▲
2025 · €140
Staff costs
€400▲
2025 · €387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 31,370 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 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €8,975 | €387 | €400 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,639 | €8,152 | €8,551 | €9,586 | €1,902 | - |
| Other operating charges640/8 | €4,427 | €2,684 | €2,730 | €3,264 | €3,778 | - |
| Gross operating margin9900 | €40,144 | €23,759 | -€8,635 | -€1,447 | €50,029 | - |
| Operating profit (loss)9901 | €29,079 | €12,924 | -€28,891 | -€14,684 | €43,950 | - |
| Financial income75/76B | €1,897 | €2,793 | €2,120 | €2,151 | €1,067 | - |
| Recurring financial income75 | €1,897 | €2,793 | €2,120 | €2,151 | €1,067 | - |
| Financial charges65/66B | €210 | €221 | €188 | €184 | €92 | - |
| Recurring financial charges65 | €210 | €221 | €188 | €184 | €92 | - |
| Profit (loss) for the period before taxes9903 | €30,765 | €15,496 | -€26,959 | -€12,717 | €44,925 | - |
| Income taxes67/77 | €4,053 | €3,643 | -€17 | €140 | €1,840 | - |
| Profit (loss) for the period9904 | €26,712 | €11,853 | -€26,942 | -€12,857 | €43,085 | - |
| Profit (loss) for the period to be appropriated9905 | €26,712 | €11,853 | -€26,942 | -€12,857 | €43,085 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €148,612 | €130,163 | €86,351 | €69,631 | €117,683 | - |
| Fixed assets21/28 | €51,686 | €47,247 | €38,696 | €34,130 | €38,229 | - |
| Tangible fixed assets22/27 | €51,686 | €47,247 | €38,696 | €34,130 | €38,229 | - |
| Land and buildings22 | €49,853 | €45,111 | €37,793 | €30,475 | €37,258 | - |
| Furniture and vehicles24 | €1,833 | €2,136 | - | - | €972 | - |
| Other tangible fixed assets26 | - | - | €903 | €3,655 | - | - |
| Current assets29/58 | €96,925 | €82,915 | €47,655 | €35,501 | €79,454 | - |
| Amounts receivable within one year40/41 | €38,364 | €40,766 | €37,614 | €34,518 | €44,200 | - |
| Trade receivables40 | €750 | - | - | - | €186 | - |
| Other amounts receivable41 | €37,614 | €40,766 | €37,614 | €34,518 | €44,014 | - |
| Cash at bank and in hand54/58 | €57,339 | €40,932 | €9,155 | €4 | €35,141 | - |
| Deferred charges and accrued income490/1 | €1,223 | €1,217 | €886 | €979 | €112 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €148,612 | €130,163 | €86,351 | €69,631 | €117,683 | - |
| Equity10/15 | €106,933 | €108,785 | €81,843 | €68,986 | €111,238 | - |
| Contributions10/11 | €59,550 | €59,550 | €59,550 | €59,550 | €59,550 | - |
| Capital10 | - | - | €59,550 | - | - | - |
| Issued capital100 | - | - | €59,550 | - | - | - |
| Reserves13 | €2,493 | €2,493 | €2,493 | €2,493 | €2,493 | - |
| Non-distributable reserves130/1 | - | - | €2,493 | €0 | - | - |
| Legal reserve130 | - | - | €2,493 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - |
| Distributable reserves133 | €2,493 | €2,493 | - | €2,493 | €2,493 | - |
| Profit (loss) carried forward14 | €44,889 | €46,742 | €19,800 | €6,943 | €49,195 | - |
| Amounts payable17/49 | €41,679 | €21,377 | €4,508 | €645 | €6,445 | - |
| Amounts payable within one year42/48 | €16,679 | €21,377 | €4,508 | €645 | €6,445 | - |
| Financial debts43 | €8 | - | - | - | - | - |
| Credit institutions430/8 | €8 | - | - | - | - | - |
| Trade debts44 | €4,569 | €3,839 | €1,842 | €505 | - | - |
| Suppliers440/4 | €4,569 | €3,839 | €1,842 | €505 | - | - |
| Taxes, remuneration and social security45 | €12,103 | €7,538 | €2,666 | €140 | €5,612 | - |
| Taxes450/3 | €12,103 | €7,538 | €2,666 | €140 | €5,612 | - |
| Other amounts payable47/48 | - | €10,000 | - | - | €833 | - |
| Accrued charges and deferred income492/3 | €25,000 | - | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,712 | €11,853 | -€26,942 | -€12,857 | €43,085 | - |
| + Depreciation and write-downs630 | €6,639 | €8,152 | €8,551 | €9,586 | €1,902 | - |
| Operating cash flow (approximation) | €33,351 | €20,004 | -€18,391 | -€3,271 | €44,987 | - |
| Investment in fixed assets (approximation) | - | -€3,713 | €0 | -€5,020 | - | - |
| Change in cash | - | -€16,406 | -€31,777 | -€9,151 | - | - |
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
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €43,085
Net result €43,085 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €111,238 ▲61.2%
Equity rises from €68,986 to €111,238.
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Liquidity times 5current ratio 55.05
Current ratio from 10.57 to 55.05; short-term debt falls from €4,508 to €645.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Weakest financial yearnet -€26,942
Net result drops to -€26,942, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity triplescurrent ratio 10.57
Current ratio from 3.88 to 10.57; short-term debt falls from €21,377 to €4,508.
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €2,709
Net result €2,709 after 2 loss-making years.
Show earlier events
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Liquidity times 2601current ratio 4.15
Current ratio from 0.00 to 4.15.
30-06
Financial
Equity above €100,000Eq €102,511 ▲126%
Equity rises from €45,405 to €102,511.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
15-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
30-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Ukkel · 1 establishment unit since 1995
Ground area
163 m²
Building footprint
96 m²
Volume, LiDAR
818 m³
Parcel 21612C0056/02H058, Brussels · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Montjoielaan 133, 1180 Ukkel
since 19952.073.888.506
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02H058 | Brussels | 163 m² | 1 · 96 m² | 16.3 m · 3 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.
Similar companies · same sector, comparable size
IMMO HANSSENS
BE 0803.444.862
Zottegem · Eq €111,213
HOZIMMO
BE 0802.774.968
Lommel · Eq €111,155
COMPAGNIE FISCALE CF
BE 0440.290.324
Ukkel · Eq €111,067
VASTGOED VANCAYZEELE
BE 0700.254.777
Ieper · Eq €110,955
Resa Vastgoed
BE 0826.946.774
Antwerpen · Eq €110,935
Of 11,755 companies in sector 68310 we hold annual accounts for 6,912. 5,217 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
Founded04-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68201Renting and operating of own or leased residential real estate, excluding social housing
68321Property management for co-owned buildings (syndics)
74201Photography, excluding press photography
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446793183
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.