JOSEPH CAR
ActiveSummary
The computed 12-month bankruptcy probability of JOSEPH CAR is 4.4% (elevated). The 2024 annual accounts show equity of €8,952 and a net result of -€1,048. Its solvency ranks better than 82% of 3,547 sector peers (NACE 95, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% | 1.8% |
| 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 2,146 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.
| Line | 2024 |
|---|---|
| Gross operating margin9900 | -€1,048 |
| Operating profit (loss)9901 | -€1,048 |
| Profit (loss) for the period before taxes9903 | -€1,048 |
| Profit (loss) for the period9904 | -€1,048 |
| Profit (loss) for the period to be appropriated9905 | -€1,048 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €12,200 | |
| Current assets29/58 | €12,200 | |
| Stocks and contracts in progress3 | €2,200 | |
| Stocks30/36 | €2,200 | |
| Amounts receivable within one year40/41 | €10,000 | |
| Other amounts receivable41 | €10,000 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €12,200 | |
| Equity10/15 | €8,952 | |
| Contributions10/11 | €10,000 | |
| Profit (loss) carried forward14 | -€1,048 | |
| Amounts payable17/49 | €3,248 | |
| Amounts payable within one year42/48 | €3,248 | |
| Trade debts44 | €3,248 | |
| Suppliers440/4 | €3,248 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€1,048 |
| Operating cash flow (approximation) | -€1,048 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: not fully processed yet. The notices from April 2020 to September 2026 are still being read.