JOY&PAILLETTES
ActiveThe computed 12-month bankruptcy probability of JOY&PAILLETTES is 2.8% (moderate). The 2025 annual accounts show negative equity (€-11k) and a net result of €-14k. Equity is shrinking by ~45.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 18207 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-29
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.45 in 2024; short-term debt: 128.1% and cash: 35.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-28.1%
Return on assets
-33.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-11k
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 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
22 d early
2024
33 d early
2023
37 d early
2022
6 d early
2021
24 d late
2020
32 d early
2019
91 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-14k▲ 15.0%
2024 · €-16k
2019: €-7k
2020: €22k
2021: €26k
2022: €-36k
2023: €-6k
2024: €-16k
2019 → 2025
Working capital
€-34k▼ 10.8%
2024 · €-31k
2019: €-627
2020: €31k
2021: €30k
2022: €-4k
2023: €-7k
2024: €-31k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€25k▼ 59.3%€18k▼ 26.0%€2k▼ 87.9%€-11k
Operating result€35k-€-32k€-3k▲ 92.0%€-12k▼ 391%€-11k▲ 13.7%
Net result€26k-€-36k€-6k▲ 82.2%€-16k▼ 150%€-14k▲ 15.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€23k▼ 31.1%
Current assets
€18k▼ 29.0%
Key figures and ratios
EBITDA
€-3k▲
2024 · €-5k
Cash flow
€-6k▲
2024 · €-9k
Solvency
-28.1%▼
2024 · 3.8%
Current ratio
0.34▼
2024 · 0.45
Quick ratio
0.28▼
2024 · 0.34
Debt / equity
-4.56▼
2024 · 25.38
ROA
-33.6%▼
2024 · -27.6%
Interest coverage
-1.11▲
2024 · -1.37
Debt
€52k▼
2024 · €56k
Debt ≤ 1 year
€52k▼
2024 · €56k
Income taxes
€342
Staff costs
€14k▼
2024 · €28k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€59k€41k▼
Fixed assets21/28€33k€23k▼
Tangible fixed assets22/27€26k€23k▼
Plant, machinery and equipment23€4k€7k▲
Furniture and vehicles24€1k€812▼
Other tangible fixed assets26€20k€16k▼
Financial fixed assets28€8k€69▼
Current assets29/58€25k€18k▼
Stocks and contracts in progress3€6k€3k▼
Stocks30/36€6k€3k▼
Amounts receivable within one year40/41€3k€284▼
Trade receivables40€3k€284▼
Cash at bank and in hand54/58€17k€15k▼
Equity and liabilities
Total equity and liabilities10/49€59k€41k▼
Equity10/15€2k€-11k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-18k€-31k▼
Amounts payable17/49€56k€52k▼
Amounts payable within one year42/48€56k€52k▼
Trade debts44€23k€7k▼
Suppliers440/4€23k€7k▼
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€4k€4k▲
Remuneration and social security454/9€4k€993▼
Other amounts payable47/48€26k€40k▲
Income statement
Code20242025
Remuneration, social security and pensions62€28k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€270€800▲
Gross operating margin9900€24k€12k▼
Operating profit (loss)9901€-12k€-11k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-16k€-13k▲
Income taxes67/77-€342
Profit (loss) for the period9904€-16k€-14k▲
Profit (loss) for the period to be appropriated9905€-16k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-31k▼
Profit (loss) brought forward from the previous period14P€-2k€-18k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-36k ▼238%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2019net €26k ▲17%
Operating result €35k, net result €26k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.29
Current ratio from 0.98 to 2.29; short-term debt falls from €40k to €24k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 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, Lasne · 1 establishment unit since 2019
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.
Route de Genval 1811380 LasneGround area
1,370 m²
Building footprint
90 m²
Volume, LiDAR
774 m³
Parcel 25076B0009/00F002, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JOY&PAILLETTES
since 20192.283.693.170
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076B0009/00F002 | Wallonia | 1,370 m² | 1 · 90 m² | 10.2 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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ALL TEX
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CALIDI 33
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NUYTS HEREN
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Of 6,503 companies in sector 47716 we hold annual accounts for 2,438. 572 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2018
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47120Other non-specialised retail sale
47559Retail sale of other household articles
47599Retail trade
47721Retail sale of footwear
47722Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.