JOSAPHAT WASH
The computed 12-month bankruptcy probability of JOSAPHAT WASH is 4.4% (elevated). The 2022 annual accounts show negative equity (€-6k) and a net result of €-166. Equity is shrinking by ~51% per year across the filed fiscal years. Its solvency ranks better than 15% of 71 sector peers (fiscal year 2022). The company has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-6k |
| Net result | €-166 |
| Better than sector | 15% |
| Active | 18 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -15.0% | 19.3% | |
| Net result | €-166 | €-439 | |
| Equity | €-6k | €14k | |
| Gross operating margin | €4k | €49k | |
| Total assets | €42k | €94k |
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €4k |
| Net profit | €-166 |
| Cash flow | €4k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €42k |
| Equity | €-6k |
| Debt | €49k |
| of which ≤ 1y | €49k |
| of which > 1y | - |
| Working capital | €-34k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 0.30 |
| Quick ratio | 0.30 |
| Working capital ratio | -80.0% |
| Solvency | -15.0% |
| Debt / equity | -7.65 |
| Long-term debt ratio | - |
| Interest coverage | 12.72 |
| Gross margin | - |
| Net margin | - |
| ROA | -0.4% |
| ROE | 2.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €42k |
| Fixed assets | 21/28 | €27k |
| Tangible fixed assets | 22/27 | €27k |
| Financial fixed assets | 28 | €594 |
| Current assets | 29/58 | €15k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €42k |
| Equity | 10/15 | €-6k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-25k |
| Amounts payable | 17/49 | €49k |
| Amounts payable within one year | 42/48 | €49k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €146 |
| Financial charges | 65 | €311 |
| Result before taxes | 9903 | €-166 |
| Net result for the period | 9904 | €-166 |
| Result to be appropriated | 9905 | €-166 |
| NACE primary | Activiteiten van wasserettes en wassalons ten behoeve van particulieren(96102) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-06-2008 |
| Status | Active |
| Postal code | - |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0035/00M012 | Brussels | 152 m² | 1 · 140 m² | 18.2 m · 4 fl. |
| 21908E0236/00K005 | Brussels | 131 m² | 1 · 76 m² | 16.1 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
| Legal nameFR | JOSAPHAT WASH |
- 20-05-2025 Address struck