JOSWORLD
ActiveSummary
JOSWORLD has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78,437 and a net result of €118,718. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+8
Solvency56▲+51
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.5 against 1.87 in 2023; short-term debt: 38.2% and cash: 48.3% of total assets), but 69.2% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 19-06-2026, 42 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
42 d early
2024
72 d early
2023
41 d early
2022
4 d late
2021
2 d early
2020
31 d late
2019
94 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 4 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
€78,437
2023 · -€40,281
Total assets
€254,899▲ 29.2%
2023 · €197,237
Net result
€118,718▲ 228%
2023 · €36,215
Working capital
€145,586▲ 72.4%
2023 · €84,449
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€12,641-€16,064-€57,626▼ 259%€41,357€147,535▲ 257%
Net result€10,712within the sector's middle half-€18,385below the sector's middle half-€59,438below the sector's middle half▼ 223%€36,215within the sector's middle half€118,718above the sector's middle half▲ 228%
Equity-€4,172below the sector's middle half▲ 72.0%-€22,558below the sector's middle half▼ 441%-€76,496below the sector's middle half▼ 239%-€40,281below the sector's middle half▲ 47.3%€78,437within the sector's middle half
Total assets€99,978within the sector's middle half▼ 36.9%€115,952within the sector's middle half▲ 16.0%€127,735within the sector's middle half▲ 10.2%€197,237within the sector's middle half▲ 54.4%€254,899within the sector's middle half▲ 29.2%
Debt€104,151▼ 39.9%€138,510▲ 33.0%€204,232▲ 47.4%€237,518▲ 16.3%€176,461▼ 25.7%
Working capital€27,878within the sector's middle half▲ 67.4%€5,977within the sector's middle half▼ 78.6%€14,917within the sector's middle half▲ 150%€84,449within the sector's middle half▲ 466%€145,586above the sector's middle half▲ 72.4%
Solvency-4.2%below the sector's middle half▲ 5.2pp-19.5%below the sector's middle half▼ 15.3pp-59.9%below the sector's middle half▼ 40.4pp-20.4%below the sector's middle half▲ 39.5pp30.8%within the sector's middle half▲ 51.2pp
Current ratio1.45within the sector's middle half▲ 0.321.06within the sector's middle half▼ 0.391.15within the sector's middle half▲ 0.091.87within the sector's middle half▲ 0.722.50within the sector's middle half▲ 0.62
Return on assets (ROA)10.7%within the sector's middle half▲ 26.7pp-15.9%below the sector's middle half▼ 26.6pp-46.5%below the sector's middle half▼ 30.7pp18.4%within the sector's middle half▲ 64.9pp46.6%above the sector's middle half▲ 28.2pp
Staff (FTE)4above the sector's middle half▲ 25.0%3.8▼ 5.0%3.9▲ 2.6%4.3▲ 10.3%2.7▼ 37.2%
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 257% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €254,899
Fixed assets
€11,942 ▼ 25.8%
Current assets
€242,957 ▲ 34.1%
Equity and liabilities €254,899
Equity
€78,437
Debt
€176,461
Debt finances 69.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€149,074▲
2023 · €43,207
Cash flow
€120,257▲
2023 · €38,064
Debt to equity
2.25
ROE
151.4%
Interest coverage
91.68▲
2023 · 7.87
Debt ≤ 1 year
€97,371▲
2023 · €96,692
Debt > 1 year
€21,313▼
2023 · €39,870
Income taxes
€27,573
Staff costs
€138,903▼
2023 · €194,459
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
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 0.4% 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 497,340 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 26,975 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €125,103 | €138,114 | €194,459 | €138,903 | ▼ 28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,800 | €2,679 | €2,690 | €1,849 | €1,539 | ▼ 16.8% |
| Other operating charges640/8 | - | €348 | €225 | €6,378 | €387 | ▼ 93.9% |
| Non-recurring operating charges66A | - | - | - | - | €71 | - |
| Gross operating margin9900 | €143,676 | €112,065 | €83,403 | €244,044 | €288,435 | ▲ 18.2% |
| Operating profit (loss)9901 | €12,641 | -€16,064 | -€57,626 | €41,357 | €147,535 | ▲ 257% |
| Financial income75/76B | - | €103 | €353 | €348 | €382 | ▲ 9.8% |
| Recurring financial income75 | €33 | €103 | €353 | €348 | €382 | ▲ 9.8% |
| Financial charges65/66B | - | €2,424 | €2,166 | €5,491 | €1,626 | ▼ 70.4% |
| Recurring financial charges65 | €1,962 | €2,424 | €2,166 | €5,491 | €1,626 | ▼ 70.4% |
| Profit (loss) for the period before taxes9903 | €10,712 | -€18,385 | -€59,438 | €36,215 | €146,292 | ▲ 304% |
| Income taxes67/77 | - | - | - | - | €27,573 | - |
| Profit (loss) for the period9904 | €10,712 | -€18,385 | -€59,438 | €36,215 | €118,718 | ▲ 228% |
| Profit (loss) for the period to be appropriated9905 | €10,712 | -€18,385 | -€59,438 | €36,215 | €118,718 | ▲ 228% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,978 | €115,952 | €127,735 | €197,237 | €254,899 | ▲ 29.2% |
| Fixed assets21/28 | €10,160 | €14,481 | €13,030 | €16,095 | €11,942 | ▼ 25.8% |
| Tangible fixed assets22/27 | €10,160 | €7,481 | €6,030 | €6,125 | €4,942 | ▼ 19.3% |
| Land and buildings22 | - | €2,593 | €4,802 | €3,841 | €2,881 | ▼ 25.0% |
| Plant, machinery and equipment23 | - | - | €1,228 | €2,284 | €732 | ▼ 67.9% |
| Furniture and vehicles24 | - | €4,888 | - | - | €1,328 | - |
| Financial fixed assets28 | - | €7,000 | €7,000 | €9,970 | €7,000 | ▼ 29.8% |
| Current assets29/58 | €89,819 | €101,472 | €114,706 | €181,142 | €242,957 | ▲ 34.1% |
| Amounts receivable within one year40/41 | €88,221 | €59,785 | €57,272 | €66,214 | €95,009 | ▲ 43.5% |
| Trade receivables40 | - | €59,785 | €57,272 | €66,214 | €91,141 | ▲ 37.6% |
| Other amounts receivable41 | - | - | - | - | €3,868 | - |
| Cash at bank and in hand54/58 | €1,598 | €41,687 | €30,463 | €84,358 | €123,225 | ▲ 46.1% |
| Deferred charges and accrued income490/1 | - | - | €26,971 | €30,569 | €24,723 | ▼ 19.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,978 | €115,952 | €127,735 | €197,237 | €254,899 | ▲ 29.2% |
| Equity10/15 | -€4,172 | -€22,558 | -€76,496 | -€40,281 | €78,437 | ▲ 295% |
| Contributions10/11 | - | €10,500 | €16,000 | €16,000 | €16,000 | = |
| Profit (loss) carried forward14 | -€14,672 | -€33,058 | -€92,496 | -€56,281 | €62,437 | ▲ 211% |
| Amounts payable17/49 | €104,151 | €138,510 | €204,232 | €237,518 | €176,461 | ▼ 25.7% |
| Amounts payable after more than one year17 | €24,548 | €20,562 | €61,972 | €39,870 | €21,313 | ▼ 46.5% |
| Financial debts170/4 | - | €20,562 | €61,972 | €39,870 | €21,313 | ▼ 46.5% |
| Amounts payable within one year42/48 | €61,941 | €95,495 | €99,789 | €96,692 | €97,371 | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | - | €7,477 | €15,826 | €20,044 | €18,557 | ▼ 7.4% |
| Financial debts43 | - | €5,305 | - | - | - | - |
| Other loans439 | - | €5,305 | - | - | - | - |
| Trade debts44 | €11,480 | €52,297 | €47,560 | €36,207 | €24,990 | ▼ 31.0% |
| Suppliers440/4 | - | €52,297 | €47,560 | €36,207 | €24,990 | ▼ 31.0% |
| Taxes, remuneration and social security45 | - | €30,416 | €36,403 | €40,442 | €53,823 | ▲ 33.1% |
| Taxes450/3 | - | €13,219 | €12,651 | €16,678 | €44,028 | ▲ 164% |
| Remuneration and social security454/9 | - | €17,197 | €23,752 | €23,764 | €9,795 | ▼ 58.8% |
| Accrued charges and deferred income492/3 | - | €22,454 | €42,471 | €100,956 | €57,778 | ▼ 42.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,712 | -€18,385 | -€59,438 | €36,215 | €118,718 | ▲ 228% |
| + Depreciation and write-downs630 | €6,800 | €2,679 | €2,690 | €1,849 | €1,539 | ▼ 16.8% |
| Operating cash flow (approximation) | €17,513 | -€15,706 | -€56,749 | €38,064 | €120,257 | ▲ 216% |
| Investment in fixed assets (approximation) | - | -€7,000 | -€1,239 | -€4,915 | €2,615 | ▲ 153% |
| Change in cash | - | €40,089 | -€11,224 | €53,895 | €38,867 | ▼ 27.9% |
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
Next filing, fiscal year 2026, expected by
2026
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €118,718 ▲228%
Operating result €147,535, net result €118,718, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €36,215
Net result €36,215 after 2 loss-making years.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
31-12
Financial
Weakest financial yearnet -€59,438
Net result drops to -€59,438, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €10,712
Net result €10,712 after one loss-making year.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2018
Ground area
1,841 m²
Building footprint
220 m²
Volume, LiDAR
2,956 m³
Parcel 21812N0738/00E002, Brussels · tallest building 20.6 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
JOSWORLD
since 20182.272.811.552
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0738/00E002 | Brussels | 1,841 m² | 1 · 220 m² | 20.6 m · 5 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.
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Of 13,405 companies in this sector we hold annual accounts for 6,906. 5,623 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formCooperative company
Founded22-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
59203Motion picture, video and television programme production, sound recording and music publishing activities
62100Computer programming
82300Organisation of conventions and trade shows
Contact
Phone
02/411 20 54
Website
www.josworld.orgBrussel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0686792761
Also
9925:BE0686792761
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.