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JOYE COMPANY

Active
Public limited companyfounded 1975active for 50 yearsNormandiëlaan 13, 8420 De Haan, BelgiumKBO/BCE: BE 0415.598.181
Summary

JOYE COMPANY has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.1m and a net result of €280,900. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 81% of 1,021 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001Accommodation NACE 55900
Largest company by total assets in De Haan, Construction sector1 site
Size
€21.6mtotal assets 2025
Staff
0.1 FTE
Equity
€14.1m
Profit
€280,900
Net result +618%: other schema
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
A&C HOLDING · 100%
Holdings
2
Accounts 11 days early1 of 11 deeds read
Why 91raises riskLiquidity: current ratio 0.63, cash €383,154Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: 0.1 FTE, total assets €21.6mFounded in 1975Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 90+2
equity 65.1% of total assets
Liquidity 52+13
short-term debt 10.4% · cash 1.8%
Profitability 38+2
return on assets 1.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,427 companies, NACE 41, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.3 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,250,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.63, compared with 0.21 in 2024, below 1; short-term debt: 10.4% and cash: 1.8% of total assets), and 34.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 74% on solvency, 55% on liquidity, 23% on profitability and 41% on growth.

The bankruptcy probability was computed on 21-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 0.1 FTE, total assets €21.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.63, cash €383,154
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1975
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
14 days early
2023
30 days early
2022
30 days late
2021
31 days late
2020
23 days late
2019
31 days 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 9 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Permanent representatives: André Joye and Dimitri…Resignation: NV A&C Holding (bestuurder…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Result rose in 2025different schema filed ▲ 618% View
  • Positive: Largest company by total assets in De Haan, Construction sectorin the Checked rankings No. 1 View
  • New directorslatest change 19-02-2026 · 3 in office 3 joined View
  • Controlled by A&C HOLDINGthe company in turn controls 2 companies 100% View
  • Positive: 5 profitable years in a rowprofit 2025: €280,900 5 years View
  • Active since 1975founded 26-11-1975 50 years View

By topic

Financials

Financial year
2025
Total assets
€21.6m
Profit
€280,900
Solvency
65.1%
Total assets▼ 0.8%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
A&C HOLDING · 100%
  • A&C HOLDINGManaging director
  • Pascale JoyeDirector
  • Vanessa JoyeDirector
Go to Board & ownership

Timeline

Events
53
Since
1978
Next accounts
by 31-07-2027
  1. 01-07-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 30-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
26-11-1975
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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