JOSPIN
ActiveThe annual accounts of JOSPIN for fiscal year 2024 show a net loss of 96% of the equity at the start of that year. The 2024 annual accounts show equity of €554 and a net result of €-14k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 21% of 878 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-39
Solvency25▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
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 tight (current ratio 1.07 against 1.02 in 2023; short-term debt: 90.8% and cash: 6.2% of total assets), and 99.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
0.3%
Return on assets
-7.6%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-14k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 878 sector peers (2024).
NBB · sector comparisonPosition among 878 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
29 d late
2022
150 d late
2021
59 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€554▼ 96.2%
2023 · €14k
2018: €3k
2019: €5k
2020: €10k
2021: €15k
2022: €16k
2023: €14k
2018 → 2024
Total assets
€182k▲ 6.1%
2023 · €171k
2018: €139k
2019: €154k
2020: €157k
2021: €168k
2022: €155k
2023: €171k
2018 → 2024
Net result
€-14k▼ 922%
2023 · €-1k
2018: €6k
2019: €2k
2020: €5k
2021: €5k
2022: €592
2023: €-1k
2018 → 2024
Working capital
€11k▲ 266%
2023 · €3k
2018: €-37k
2019: €-30k
2020: €-19k
2021: €-8k
2022: €-1k
2023: €3k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€15k▲ 54.2%€16k▲ 3.9%€14k▼ 8.6%€554▼ 96.2%
Operating result€6k-€7k▲ 29.5%€2k▼ 78.4%€275▼ 82.3%€-12k
Net result€5k-€5k▲ 0.4%€592▼ 88.9%€-1k€-14k▼ 922%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12k after €275 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €182k
Fixed assets
€6k▼ 50.0%
Current assets
€176k▲ 10.0%
Equity and liabilities €182k
Equity
€554▼ 96.2%
Debt
€181k▲ 15.4%
The debt ratio rises from 91.6% to 99.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2023 · €6k
Cash flow
€-8k▼
2023 · €4k
Solvency
0.3%▼
2023 · 8.4%
Current ratio
1.07▲
2023 · 1.02
Quick ratio
0.43▲
2023 · 0.21
ROA
-7.6%▼
2023 · -0.8%
Interest coverage
-3.89▼
2023 · 3.65
Debt
€181k▲
2023 · €157k
Debt ≤ 1 year
€165k▲
2023 · €157k
Income taxes
€0▼
2023 · €7
Staff costs
€28k▼
2023 · €31k
Equity ratios withheld: equity of €554 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€171k€182k▲
Fixed assets21/28€11k€6k▼
Intangible fixed assets21€11k€6k▼
Current assets29/58€160k€176k▲
Stocks and contracts in progress3€127k€106k▼
Stocks30/36€118k€101k▼
Contracts in progress37€9k€4k▼
Amounts receivable within one year40/41€33k€59k▲
Trade receivables40€32k€59k▲
Other amounts receivable41€643€85▼
Cash at bank and in hand54/58€35€11k▲
Equity and liabilities
Total equity and liabilities10/49€171k€182k▲
Equity10/15€14k€554▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€0-
Profit (loss) carried forward14€7k€-7k▼
Amounts payable17/49€157k€181k▲
Amounts payable within one year42/48€157k€165k▲
Financial debts43-€265
Credit institutions430/8-€265
Trade debts44€24k€27k▲
Suppliers440/4€24k€27k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€127k€131k▲
Accrued charges and deferred income492/3-€16k
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€31k€28k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€1k€8▼
Non-recurring operating charges66A€0-
Gross operating margin9900€38k€21k▼
Operating profit (loss)9901€275€-12k▼
Financial income75/76B€15€204▲
Recurring financial income75€15€204▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-1k€-14k▼
Income taxes67/77€7€0▼
Profit (loss) for the period9904€-1k€-14k▼
Profit (loss) for the period to be appropriated9905€-1k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-763€-7k▼
Profit (loss) brought forward from the previous period14P€592€7k▲
Transfer from equity791/2€7k€0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 101 days late
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 134 days late
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, Leuven · 1 establishment unit since 2008
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.
Hertogstraat 88/33001 LeuvenGround area
1,907 m²
Building footprint
1,429 m²
Volume, LiDAR
14,459 m³
Parcel 24434F0076/00C002, Flanders · tallest building 15.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JOSPIN
since 20082.173.666.862
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0076/00C002 | Flanders | 1,907 m² | 1 · 1,429 m² | 15.2 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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Of 1,112 companies in sector 58110 we hold annual accounts for 363. 27 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-06-2008
Fiscal year end31-12
Activities, NACEBEL
58110Book publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.