JOSS
ActiveSummary
JOSS has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €745,682 and a net result of -€14,797. Equity is shrinking by about 7.7% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
Source amounts without an identifiable currency are assumed to be EUR.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €15,437 after €19,523 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 93.7% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,473 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 74.5% 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 2,687 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €42,500 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €118,799 | €96,651 | €84,037 | €75,825 | €70,603 | €70,505 | €71,319 | €69,780 | ▼ 2.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€1,100 | €42,500 | -€42,500 | €0 | - |
| Other operating charges640/8 | - | - | - | €5,654 | €8,276 | €8,501 | €10,505 | €7,571 | ▼ 27.9% |
| Gross operating margin9900 | -€46,223 | €11,226 | €63,778 | €124,607 | €126,894 | €135,337 | €58,848 | €61,914 | ▲ 5.2% |
| Operating profit (loss)9901 | -€171,388 | -€90,667 | -€27,808 | €43,128 | €49,115 | €13,832 | €19,523 | -€15,437 | - |
| Financial income75/76B | - | - | - | €10 | €1 | €150 | €118 | €36 | ▼ 69.5% |
| Recurring financial income75 | €56 | €15 | €1 | €10 | €1 | €150 | €118 | €36 | ▼ 69.5% |
| Financial charges65/66B | - | - | - | €11,630 | €9,360 | €14,901 | €24,702 | €120 | ▼ 99.5% |
| Recurring financial charges65 | €1 | €2,344 | €9,449 | €11,630 | €9,360 | €14,901 | €24,702 | €120 | ▼ 99.5% |
| Profit (loss) for the period before taxes9903 | -€171,334 | -€92,996 | -€37,257 | €31,509 | €39,756 | -€919 | -€5,061 | -€15,522 | ▼ 207% |
| Transfer from deferred taxes780 | - | - | - | €9,901 | €9,901 | €9,901 | €9,901 | €9,901 | = |
| Income taxes67/77 | €0 | €1,000 | €0 | €5,395 | €7,638 | €13,082 | €12,040 | €9,177 | ▼ 23.8% |
| Profit (loss) for the period9904 | -€159,619 | -€82,281 | -€27,356 | €36,015 | €42,019 | -€4,101 | -€7,200 | -€14,797 | ▼ 106% |
| Transfer from tax-exempt reserves789 | - | - | - | €29,703 | €29,703 | €29,703 | €29,703 | €29,703 | = |
| Profit (loss) for the period to be appropriated9905 | -€38,729 | -€54,392 | €2,347 | €65,718 | €71,722 | €25,603 | €22,503 | €14,906 | ▼ 33.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.7m | €1.6m | €1.6m | €1.5m | €1.4m | €1.3m | €1.2m | ▼ 4.8% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €1.5m | €1.6m | €1.5m | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 5.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.5m | €1.6m | €1.5m | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 5.1% |
| Land and buildings22 | - | - | - | €1.5m | €1.4m | €1.3m | €1.3m | €1.2m | ▼ 5.0% |
| Furniture and vehicles24 | - | - | - | €0 | - | - | €0.005m | €0.004m | ▼ 22.3% |
| Other tangible fixed assets26 | - | - | - | €0.001m | €368 | €184 | €0 | - | - |
| Financial fixed assets28 | €0 | €0 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €0.1m | €0.07m | €0.1m | €0.1m | €0.1m | €0.04m | €0.01m | €0.01m | ▲ 35.6% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.08m | €0.01m | €0.02m | €0.03m | €0.006m | €0.003m | ▼ 53.1% |
| Trade receivables40 | - | - | - | €0.01m | €0.02m | €254 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €1 | €1 | €0.03m | €0.006m | €0.003m | ▼ 53.1% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.04m | €0.02m | €0.02m | €0.1m | €0.1m | €0.01m | €0.003m | €0.01m | ▲ 204% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.7m | €1.6m | €1.6m | €1.5m | €1.4m | €1.3m | €1.2m | ▼ 4.8% |
| Equity10/15 | €1.3m | €1.2m | €1.0m | €1.0m | €1.1m | €0.8m | €0.8m | €0.7m | ▼ 1.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.3m | €1.2m | €1.0m | €1.0m | €1.1m | €0.7m | €0.7m | €0.7m | ▼ 2.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €0.7m | €0.6m | €0.6m | €0.6m | €0.5m | ▼ 5.2% |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | ▲ 8.5% |
| Profit (loss) carried forward14 | €0 | -€0.01m | -€0.01m | - | - | €0 | €0 | - | - |
| Provisions and deferred taxes16 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.2% |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | €0.04m | €0 | - | - |
| Major repairs and maintenance162 | - | - | - | - | - | €0.04m | €0 | - | - |
| Deferred taxes168 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 5.2% |
| Amounts payable17/49 | €0.04m | €0.2m | €0.4m | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | ▼ 10.8% |
| Amounts payable within one year42/48 | €0.04m | €0.2m | €0.4m | €0.3m | €0.2m | €0.4m | €0.3m | €0.3m | ▲ 0.9% |
| Trade debts44 | €0.008m | €0.01m | €0.007m | €0.02m | €0.02m | €0.003m | €0.003m | €0.01m | ▲ 191% |
| Suppliers440/4 | - | - | - | €0.02m | €0.02m | €0.003m | €0.003m | €0.01m | ▲ 191% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.03m | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.02m | €0.01m | €0.002m | €0.009m | ▲ 285% |
| Taxes450/3 | - | - | - | €0.03m | €0.02m | €0.01m | €0.002m | €0.009m | ▲ 285% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 3.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.01m | €0.01m | €0.04m | €36 | ▼ 99.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€159,619 | -€82,281 | -€27,356 | €36,015 | €42,019 | -€4,101 | -€7,200 | -€14,797 | ▼ 106% |
| + Depreciation and write-downs630 | €118,799 | €96,651 | €84,037 | €75,825 | €70,603 | €70,505 | €71,319 | €69,780 | ▼ 2.2% |
| Operating cash flow (approximation) | -€40,820 | €14,370 | €56,682 | €111,840 | €112,622 | €66,404 | €64,119 | €54,983 | ▼ 14.2% |
| Investment in fixed assets (approximation) | - | -€145,874 | -€8,694 | -€26,904 | -€34,619 | €0 | -€6,011 | -€4,840 | ▲ 19.5% |
| Change in cash | - | -€19,829 | €156 | €88,979 | €6,513 | -€99,486 | -€10,827 | €6,852 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00375950 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00350954 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00437607 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00428334 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20384125 |
| 31-12-2020 | micro format | 20-08-2021 | 2021-50900272 |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23300388 |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32100356 |
| 31-12-2017 | abbreviated format | 11-07-2018 | 2018-32800595 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-57000584 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.