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JOYE CONSTRUCT

Active Public limited companyfounded 2000active for 26 yearsNormandiëlaan 13, 8420 De HaanKBO/BCE: BE 0473.144.323 #4 company by equity in De Haan, Real estate sector

Overview

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €2.1m (2016)
€1.0m▲ 225%
lowest -€286,614 (2024)
€465,401▲ €752,015
peak €2.9m (2025)
€2.9m▲ 18.9%
€6.4m▼ 17.7%
peak 1.6 FTE (2025)
1.6 FTE▲ 60.0%
Board9 names since 2020
3 directorsArno Joye and 2 others
Documentsfilings and deeds
11-06-202650 days before the deadline
2025abbreviated format
Gross margin from €318,575 to €1.0mBack to profit: €465,401Staff from 1 FTE to 1.6 FTEEquity from €2.5m to €2.9mDebts from €7.8m to €6.4m

Key points

from the 2025 annual accounts

Result

€465,401 €465,401
-€287,0002024€465,0002025

Back in profit in 2025, after a loss of €286,614 in 2024.

Turnover

≈ €1.3m estimated

The abbreviated format states no turnover.

Investments

€15,787 0.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Five of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.

Position in the sector

€465,401

Higher net result than 93% of companies in real estate. Sector median €9,988 · 11,280 companies.

Checked score

88
Excellent
Financially stronger than 54% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.3 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.2%▼ -0.3 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

56+7equity 31.3% of total assets
28+5short-term debt 46.3% · cash 0.3%
75+53return on assets 5.0%

Score breakdown

raises risk
Liquidity: current ratio 1.21, cash €32,469
lowers risk
Size: 1.6 FTE, total assets €9.3m
Founded in 2000
Figures for financial year 2025 (filed on 12-06-2026)
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 50% of them on solvency, 21% on liquidity, 69% on profitability and 74% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as JOYE CONSTRUCT has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of JOYE CONSTRUCT itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for JOYE CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €250,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.21 (1.12 in 2024), below the usual 1.5. Short-term debt is 46.3% and cash 0.3% of total assets. 68.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.21, cash €32,469
NBB · annual accounts
lowers risk · Size: 1.6 FTE, total assets €9.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 12-06-2026)
NBB · annual accounts
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
98 days early
2023
41 days early
2022
40 days early
2021
6 days early
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 21 June (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0473144323
New chair of the board NATIONALE KONSTRUKTIE MAATSCHAPPIJ appointed, A&C Holding resigned · Permanent representative: Joye Dimitri · 100 shares · Board meeting of 13-10-2022 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Blankenberge
2 directors appointed, 3 resignations, 2 reappointments Reappointments: Nationale Konstruktie Maatschappij BVBA (managing director) and Nathalie Vermote · Permanent representatives: Dimitri Joye, André Joye and D.Joye · Resignations: Joye Invest N.V., Immogroep Joye NV (managing director) and Joye Company NV · General meeting of 01-10-2020 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
JOYE CONSTRUCT De Haan €9.3m €1.0m 31.3% 1.6
BUILDING SUPPORT Dentergem €6.9m €0.7m 74.1% 1
SALT Knokke-Heist €8.6m €0.8m 58.2% 1.9
VINCERE Roeselare €12.5m €0.9m 53.5% 1.4
Suc-6 Heist-op-den-Berg €8.9m €0.6m 54.3% 1
SAND Beerse €5.7m €0.7m 38.3% 1.8
DB-INVEST Kaprijke €7.0m €0.7m 19.4% 1

These companies have the same main activity as JOYE CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €5.7m and €13m, founded between 1990 and 2002.

Official details

Source: KBO
Status
Active since 27-10-2000Normal situation
Activity
Development of residential building projectsNACE 68121
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.097.728.1368420 De Haan, since 12-01-2001
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

€1.0m▲ 225%
€465,401
€2.9m▲ 18.9%
€9.3m▼ 8.9%
Employeeson 31-12-2025
2▲ 100%
Filing
Filed on 11-06-2026, 50 days before the end of the filing period
Financials

Companies linked to JOYE CONSTRUCT

Insights on JOYE CONSTRUCT

JOYE CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €698,476 in 2007 to €1.0m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 11-06-2026, 50 days before the deadline
€1.0m
▲ 225%
€618,428
▲ €765,238
€877,879
▲ 639%
€724,851
▲ €745,828
31.3%
▲ 7.3 percentage points
1.21
▲ 0.09

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.3m. Estimated: probably between €1.1m and €2.8m.

Money flows

no detail for 2025

Balance sheet

balance sheet total €9.3m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

31.3%

Higher than 50% of 11,289 companies in 2025.

1.21

Higher than 52% of 10,841 companies in 2025.

5.0%

Higher than 73% of 11,174 companies in 2025.

JOYE CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

€28,544

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 1 person joined and nobody left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 9.3m10.3m11.1m11.7m14.0m14.6m13.7m10.6m13.7m14.8m19.4m13.6m12.5m9.5m8.2m8.2m9.6m11.4m10.2m9.3m
21/28 4.1m4.0m4.3m4.5m4.8m5.0m3.7m3.8m2.0m2.1m1.1m1.2m1.2m1.3m901,132975,2041.0m759,388633,930671,679
22/27 3.2m3.5m3.8m3.9m4.2m4.3m3.6m3.7m1.9m2.0m1.0m1.1m1.1m1.3m866,440940,697999,191724,881599,423668,172
22 3.2m3.4m3.7m3.9m4.1m4.3m3.6m3.6m1.8m1.9m999,2741.0m1.1m1.2m763,904805,582825,161617,707505,150532,750
23 --01,5513,5937,83412,7772,0769676088492,7015,4677,14210,5466,6779,14413,40316,8085,172
24 7,64210,12314,28618,1156,41010,01513,7762,6687,5567,88713,73925,11437,670105,77091,990128,438164,88693,77177,465130,250
25 15,39028,79642,202-----------------
28 858,495558,495558,495589,495614,495624,05199,05199,05199,05199,05178,75672,89240,89240,89234,69234,50734,50734,50734,5073,507
284/8 -------------------3,507
285/8 -------------------3,507
29/58 5.3m6.2m6.7m7.2m9.2m9.7m10.0m6.9m11.6m12.7m18.2m12.4m11.3m8.2m7.3m7.2m8.5m10.7m9.5m8.6m
3 4.8m5.2m5.0m5.2m6.1m7.5m7.7m5.0m9.3m8.9m15.1m10.3m8.9m6.3m5.7m5.1m7.3m9.1m8.2m7.7m
30/36 4.8m5.2m5.0m5.2m6.1m7.5m7.7m5.0m9.3m8.9m15.1m10.3m8.9m6.3m5.7m5.1m7.3m9.1m8.2m7.7m
35 -------------------7.7m
40/41 436,567990,7081.2m1.2m2.2m1.4m1.9m1.5m1.5m2.2m2.3m1.3m994,7521.2m1.1m1.8m707,347939,063610,095498,940
40 16,78736,3265,04057,426895,497474,819293,879283,675153,777856,533882,494446,292140,357109,566109,566481,58622,404278,680205,578146,637
41 419,780954,3821.2m1.1m1.3m895,4011.6m1.2m1.3m1.3m1.4m863,922854,3951.1m992,3411.3m684,943660,383404,517352,303
50/53 -----0--------------
54/58 32,46926,359523,643794,609879,293746,878375,556346,699681,6051.5m71,31749,14383,483156,380143,3951,647115,02430,09288,5242,937
490/1 13,8796,1934,0154,9795,3825,98069,7381,467141,86186,184759,068766,5401.3m620,162425,544284,384383,907630,690642,176411,553
Balance sheet: equity and liabilities
10/49 9.3m10.3m11.1m11.7m14.0m14.6m13.7m10.6m13.7m14.8m19.4m13.6m12.5m9.5m8.2m8.2m9.6m11.4m10.2m9.3m
10/15 2.9m2.5m2.7m2.8m2.7m1.8m1.9m1.9m1.7m1.9m1.3m1.0m845,742591,314653,6641.6m1.3m1.1m1.1m1.1m
10/11 250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
10 250,000250,000250,000250,000250,000---------------
100 250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
13 2.7m2.2m2.5m2.5m2.4m624,581624,581624,581624,581624,581624,581624,581624,581624,581625,5811.0m857,936847,452832,73887,755
130/1 25,00025,00025,00025,00025,00025,000--------------
130 25,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,0004,388
132 --------------1,0002,0003,0004,000--
133 2.6m2.2m2.5m2.5m2.4m599,581599,581599,581599,581599,581599,581599,581599,581599,581599,581999,233829,936818,452807,73883,367
14 --000963,970980,307995,382835,9731.1m467,343172,582-28,839-283,267-221,917350,348169,29611,48510,712744,983
17/49 6.4m7.8m8.3m8.9m11.3m12.8m11.9m8.8m11.9m12.9m18.0m12.6m11.7m8.9m7.6m6.5m8.3m10.3m9.1m8.2m
17 2.1m2.2m2.4m2.5m1.1m698,2593.1m826,874432,614461,42676,506113,79285,2293.1m2.2m2.0m2.5m2.0m1.1m-
170/4 2.1m2.2m2.4m2.5m1.1m698,2593.1m826,874432,614461,42676,506113,79285,2293.1m2.2m2.0m2.5m2.0m1.1m-
42/48 4.3m5.5m5.9m6.4m10.2m12.1m8.8m7.9m8.1m12.4m11.8m8.8m7.7m4.4m4.7m4.6m4.4m3.7m2.6m4.0m
42 162,011157,783153,677137,29585,08166,3421.9m2.0m2.3m4.7m6.7m4.3m3.2m-------
43 1.5m1.6m1.6m1.9m2.9m4.6m---------44,913867--1.4m
430/8 1.5m1.6m1.6m1.9m2.9m4.6m---------44,913867--1.4m
44 16,15523,0316,36488,677898,023507,263398,853314,031229,0931.0m491,648201,961116,616125,15052,77912,79134,858100,60799,752129,795
440/4 16,15523,0316,36488,677898,023507,263398,853314,031229,0931.0m491,648201,961116,616125,15052,77912,79134,858100,60799,752129,795
46 47,020--063,688171,44580,12929,62931,188835,00016,75070,9389,438-------
45 55,43813,3193,51752,13092,0797,8964,58148,043477,200641,721494,54473,544133,54037,971369,23037,170173,042118,77592,10071,718
450/3 47,96310,04842150,00089,1605,9952,46440,586473,997638,579491,44071,313131,93237,971369,23037,170173,042118,77592,10071,718
454/9 7,4753,2713,0962,1302,9191,9012,1177,4573,2033,1423,1042,2311,609-------
47/48 2.6m3.7m4.1m4.2m6.1m6.7m6.4m5.5m5.0m5.2m4.1m4.1m4.3m4.2m4.3m4.5m4.2m3.4m2.4m2.4m
492/3 14,06621,55319,15710,72214,5859,4516,90428,9043.5m3,1566.1m3.7m3.8m1.5m642,100-1.3m4.7m5.3m4.2m
Income statement
70/76A -------------------9.4m
70 -------------------9.4m
76A ---014,380-5,480--2,367828,9919,674------94,320-
9900 1.0m318,575561,481707,4471.4m550,814424,969850,679228,1162.1m446,692517,582628,070153,387-42,419500,602327,408484,836698,476-
60/66A -------------------6.0m
60 -------------------5.7m
600/8 -------------------4.8m
609 -------------------952,662
61 -------------------182,759
62 45,67021,39420,22018,88919,52317,09114,39838,45518,68124,46923,67419,28315,412-------
630 259,450265,637289,134272,706283,940360,453286,818265,429199,903186,76094,87092,786133,893114,73388,83185,77172,57994,33783,94670,820
640/8 112,575140,900140,958186,160229,059137,68286,895200,573136,965149,373306,68471,82790,835-----11,85925,897
66A 037,455----6,4482,1204,0796,1884,10855,09821,256-------
9901 618,428-146,810111,168229,692881,00535,58930,409344,103-131,5121.7m21,463333,686387,93038,654-131,250414,831254,829390,499602,6713.4m
75/76B 50,0221,6999,09526,037363,26641,57802,94217,26730,55919,54925,9202,085314---22,93825,34971,169
75 50,0221,6999,09526,037363,26641,57802,94217,26728,19219,54925,9202,085314---22,93825,34971,169
750 -------------------62,725
751 -------------------8,444
76B ---------2,367----------
65/66B 107,841139,991148,42485,129103,39891,24642,719106,320101,967120,169140,517112,885114,340101,31891,66765,48286,534132,528108,35051,813
65 107,841139,991148,42485,129103,39891,24642,719106,320101,967113,981140,517112,885114,340101,31891,66765,48286,534132,528108,35051,813
650 -------------------51,813
66B ---------6,188----------
9903 560,609-285,102-28,161170,6001.1m-14,080-12,310240,724-216,2121.6m725,379201,297254,418-62,350-222,917349,349168,295280,909613,9903.4m
67/77 95,2081,51196923,615234,5172,2572,76581,3163,525439,877229,618-123-10----265,422125,278390,977
670/3 -------------------390,977
9904 465,401-286,614-29,130146,985906,356-16,337-15,075159,408-219,7371.2m495,761201,421254,428-62,350-222,917349,349168,29515,487488,7123.0m
789 -------------1,0001,0001,0001,000---
689 -----------------4,000--
9905 465,401-286,614-29,130146,985906,356-16,337-15,075159,408-219,7371.2m495,761201,421254,428-61,350-221,917350,349169,29511,487488,7123.0m
Appropriation of the result
9906 465,401-286,614-29,130146,9851.9m963,970980,307995,382835,9731.6m668,343172,582-28,839-283,267-151,569519,645180,78022,1991.2m2.9m
14P ---0963,970---------------
791/2 0286,61429,130-----------470,000-----
691/2 465,401-086,9851.8m---------70,348169,29711,48410,714744,983-
6921 465,401-086,9851.8m---------70,348169,29711,48410,714744,983-
694/7 --060,00060,000----590,000201,000---470,000---478,0002.2m
694 ---------250,000201,000---470,000-----
695 --060,00060,000----340,000----------
Social balance sheet
9087 1.6111110.80.80.50.50.50.50.4-------
Hours worked1013 1,7305604925425383164761,255580874904637748-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 26 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 11-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 11-06-2026 2026-00156584 PDF
31-12-2024 abbreviated format 24-04-2025 2025-00074740 PDF
31-12-2023 abbreviated format 20-06-2024 2024-00146525 PDF
31-12-2022 abbreviated format 21-06-2023 2023-00148520 PDF
31-12-2021 abbreviated format 25-07-2022 2022-20217805 PDF
31-12-2020 abbreviated format 31-08-2021 2021-60900244 PDF
31-12-2019 abbreviated format 31-08-2020 2020-49200316 PDF
31-12-2018 abbreviated format 29-08-2019 2019-60900600 PDF
31-12-2017 abbreviated format 31-08-2018 2018-60700199 PDF
31-12-2016 abbreviated format 31-08-2017 2017-58500091 PDF
31-12-2015 abbreviated format 29-08-2016 2016-50700312 PDF
31-12-2014 abbreviated format 26-08-2015 2015-48300099 PDF
31-12-2013 abbreviated format 30-08-2014 2014-56000135 PDF
31-12-2012 abbreviated format 31-07-2013 2013-36900220 PDF
31-12-2011 abbreviated format 31-07-2012 2012-37800022 PDF
31-12-2010 abbreviated format 29-07-2011 2011-34500566 PDF
31-12-2009 abbreviated format 29-07-2010 2010-35100442 PDF
31-12-2008 abbreviated format 31-07-2009 2009-50500371 PDF
31-12-2007 abbreviated format 30-07-2008 2008-48600078 PDF
31-12-2006 full format 26-07-2007 2007-46300185 PDF
31-12-2005 full format 06-07-2006 2006-42004339 PDF
31-12-2004 abbreviated format 08-07-2005 2005-44803961 PDF
31-12-2003 abbreviated format 22-07-2004 2004-49002820 PDF
31-12-2002 abbreviated format 18-07-2003 2003-46804802 PDF
31-12-2001 abbreviated format 11-07-2002 2002-36801114 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
877,879118,827400,302502,3981.2m396,041317,227609,53168,3901.9m116,334426,472521,823153,387-42,419500,602327,408484,836686,6173.4m
724,851-20,977260,004419,6911.2m344,116271,743424,837-19,8341.4m590,631294,207388,32152,383-134,086435,120240,874109,824572,6583.1m
315,78714,720120,669101,319100,6661.1m269,9002.0m164,0771.1m442,579103,7404,591526,78014,75827,277364,089219,79546,197255,992
6,110-497,284-270,966-84,684132,415371,32228,857-334,905-850,7351.5m22,174-34,340-72,89712,985141,748-113,37784,932-58,43285,587-
928,821689,255842,884774,532-965,403-2.4m1.2m-1.0m3.6m311,1156.4m3.7m3.6m3.8m2.6m2.6m4.1m7.0m6.9m4.6m
-------------------36.0%
31.3%24.0%24.8%23.7%19.2%12.6%13.5%17.6%12.5%13.0%6.9%7.7%6.8%6.2%7.9%19.9%13.4%9.7%10.8%11.6%
1.211.121.141.120.910.801.130.871.441.031.541.421.461.861.551.581.922.913.632.14
0.110.190.290.310.310.180.260.230.280.300.270.240.310.440.350.460.270.440.510.23
2.203.173.033.214.216.966.414.686.986.6713.4312.0313.8015.1211.584.016.489.318.297.59
15.9%-11.7%-1.1%5.3%33.8%-0.9%-0.8%8.5%-12.8%61.0%36.9%19.2%30.1%-10.5%-34.1%21.5%13.2%1.4%44.7%277.5%
5.0%-2.8%-0.3%1.3%6.5%-0.1%-0.1%1.5%-1.6%8.0%2.6%1.5%2.0%-0.7%-2.7%4.3%1.8%0.1%4.8%32.3%
8.140.852.705.9011.27--------------66.54
-------------------6 days
-------------------8 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date21111
full-time11111
part-time10000
in full-time equivalents1.51111
1.61111
On a permanent contract21111
Joined1----
Left0----
Training hours0---2

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€12.5m----
Debts guaranteed by Belgian public bodies-€12.5m€12.5m€12.5m€12.5m
Mortgages, amount registered€12.5m€12.5m€12.5m€12.5m€12.5m
€12.5m€12.5m€12.5m€12.5m€12.5m
Carrying value of the mortgaged assets€5.4m€5.8m€5.9m€6.2m€6.7m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€15,787€14,720€120,669€101,319€100,666
Financial fixed assets€300,000----
€259,450€265,637€289,134€272,706€283,940

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on JOYE CONSTRUCT

The operating result for 2025 is a profit of €618,428, after a loss of €146,810 in 2024. It is the highest result since 2021.

Debt's share of the balance-sheet total falls from 76.0% to 68.7%. Equity is higher and debt is lower.

Board & ownership

Board

3 directors, 1 in day-to-day management, last change in 2022
Chair of the board and managing director, permanent representative Joye Dimitri
chair of the board appointed by deed of 24-10-2022 managing director in office according to the deed of 05-01-2021
Director
appointed by deed of 05-01-2021 6-year term from 2021
Director
in office according to the deed of 05-01-2021 6-year term from 2021
Permanent representatives 1
Joye Dimitri
Permanent representative, for NATIONALE KONSTRUKTIE MAATSCHAPPIJ
appointed by deed of 24-10-2022

Office holders in the KBO →

Mandates through the years

9 names, the dashed line is today
Arno Joye
Director
NATIONALE KONSTRUKTIE MAATSCHAPPIJ
Managing director, Chair of the board
A&C HOLDING
Director
IMMOGROEP JOYE
Managing director
JOYE COMPANY
Director
Joye Invest
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Arno Joye
    • Director, from 01-10-2020 to date
  • Nathalie Vermote
    • Director, from 01-10-2020 to date
  • NATIONALE KONSTRUKTIE MAATSCHAPPIJ
    • Managing director, from 01-10-2020 to date
    • Managing director, since before 05-01-2021
    • Chair of the board, appointed by deed of 24-10-2022, still in office
  • A.C.A. HOLDING
    • Director, until 24-10-2022
  • A&C HOLDING
    • Chair of the board, appointed by deed of 05-01-2021, no longer listed in the 2025 annual accounts
    • Director, appointed by deed of 05-01-2021, no longer listed in the 2025 annual accounts
  • A&C Holdings Comm.V.
    • Chair of the board, appointed by deed of 05-01-2021, no longer listed in the 2025 annual accounts
    • Director, appointed by deed of 05-01-2021, no longer listed in the 2025 annual accounts
  • IMMOGROEP JOYE
    • Managing director, until 05-01-2021
  • JOYE COMPANY
    • Director, until 05-01-2021
  • Joye Invest
    • Director, until 05-01-2021

See the board, name and registered office on a given date →

Control

Capital

Capital
€250,000
Shares
100
Contribution per share
€2,500
Equity per share
€29,215 in 2025
Source
2025 annual accounts

Articles of association

deed of 24-10-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“Kiest voorzitter onder leden, bevoegdheid raad van bestuur”
“Hoogstens zes jaar”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June at 20:00
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Raad roept algemene vergadering op over ontbinding of maatregelen continuïteit in agenda, 1. 26”
“Algemene vergadering, 1. 27”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“1. 28, artikel 2:80 WVV”
“Een of meer, 1. 29”
“Alle verrichtingen vermeld in wet, 1. 30”

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyJOYE CONSTRUCT3 holdings, 1 country 2025 accounts

Belgium 3 Equity Result

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

At the same address

Normandiëlaan 13, 8420 De Haan · 7 other companies
A&C HOLDING
registered office since 18-12-1995 · founded in 1995
7.3 FTE (2025)
0456.850.006
JOYE COMPANY
registered office since 01-11-1975 · founded in 1975
total assets €21.6m (2025)
0415.598.181
NEW VENNEPARK
registered office since 10-05-1985 · founded in 1985
total assets €11.7m (2025)
0427.304.992
IMMOGROEP JOYE
registered office since 01-09-1975 · founded in 1975
total assets €9.3m (2025)
0415.284.813
Joye Invest
registered office since 03-12-1986 · founded in 1986
total assets €5.8m (2025)
0429.600.429
BOUWGROEP JOYE
registered office since 21-02-2011 · founded in 2011
total assets €3.6m (2025)
0833.542.378
Nationale Konstruktie Maatschappij
registered office since 01-01-1971 · founded in 1970
total assets €2.1m (2025)
0407.862.432

Earlier ties

JOYE COMPANY
via A&C HOLDING, at JOYE CONSTRUCT, last mentioned in 2021 · Managing director · deed of 21-05-2026
founded in 1975
total assets €21.6m (2025)
NEW VENNEPARK
via A&C HOLDING, at JOYE CONSTRUCT, last mentioned in 2021 · Director · deed of 21-05-2026
founded in 1985
total assets €11.7m (2025)
IMMOGROEP JOYE
via A&C HOLDING, at JOYE CONSTRUCT, last mentioned in 2021 · Director · deed of 21-05-2026
founded in 1975
total assets €9.3m (2025)
Joye Invest
via A&C HOLDING, at JOYE CONSTRUCT, last mentioned in 2021 · Managing director · deed of 21-05-2026
founded in 1986
total assets €5.8m (2025)
POINT OF PRESENCE KORTRIJK
via A&C HOLDING, at JOYE CONSTRUCT, last mentioned in 2021 · Director · deed of 05-01-2021
founded in 1999
total assets €376,649 (2025)

Holdings and subsidiaries

3 holdings

Holdings 3

Share, source and own figures per holding (3)

Source for every holding own accounts 2025

  • Equity -€81,400 Profit of €52,965 in 2025 (profit of €284,831 in 2024) Checked score 55
    50%
  • Equity €39,704 Loss of €9,272 in 2025 (loss of €10,743 in 2024) Checked score 83
    33.33%
  • Equity €72,565 Loss of €4,251 in 2025 (loss of €5,276 in 2024) Checked score 88
    33%
Holdings through the years 2014 to 2025

Source: list of holdings in its own accounts

Board mandates elsewhere

2 board mandates
Board mandates of JOYE CONSTRUCTJOYE CONSTRUCT sits on their board2
Director, Managing director
Founded in 2011 · total assets €2.9m (2025) · negative equity
Director, Managing director
No longer active · total assets €80,160 (2023)

Connections & network

Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

37 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 50 days before the deadline
2025
Back to profit net €465,401 The net result is €465,401, after 2 loss-making years.
Annual accounts 2024 filed PDFabbreviated format · 98 days before the deadline
2024
Weakest financial year net -€286,614 The net result drops to -€286,614, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFabbreviated format · 41 days before the deadline
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0473144323
Annual accounts 2022 filed PDFabbreviated format · 40 days before the deadline
2022
New chair of the boardNATIONALE KONSTRUKTIE MAATSCHAPPIJ appointed, A&C Holding resigned · Permanent representative: Joye Dimitri · 100 shares · Board meeting of 13-10-20228 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 6 days before the deadline
2021
Back to profit net €906,356 The net result is €906,356, after 2 loss-making years.
Equity above €2m equity €2.7m ▲46% Equity rises from €1.8m to €2.7m.
Annual accounts 2020 filed PDFabbreviated format · 31 days late
Environmental permit granted OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Blankenberge
2 directors appointed, 3 resignations, 2 reappointmentsReappointments: Nationale Konstruktie Maatschappij BVBA (managing director) and Nathalie Vermote · Permanent representatives: Dimitri Joye, André Joye and D.Joye · Resignations: Joye Invest N.V., Immogroep Joye NV (managing director) and Joye Company NV · General meeting of 01-10-202012 points ▸

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFabbreviated format · 31 days late
2019
Annual accounts 2018 filed PDFabbreviated format · 29 days late
2018
Back to profit net €159,408 The net result is €159,408, after one loss-making year.
Annual accounts 2017 filed PDFabbreviated format · 31 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 29 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 26 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 30 days late
2013
Back to profit net €254,428 The net result is €254,428, after 2 loss-making years.
Annual accounts 2012 filed PDFabbreviated format · on the deadline day
2012
Annual accounts 2011 filed PDFabbreviated format · on the deadline day
2011
Annual accounts 2010 filed PDFabbreviated format · 2 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 2 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · on the deadline day
2008
Annual accounts 2007 filed PDFabbreviated format · 1 day before the deadline
2007
Annual accounts 2006 filed PDFfull format · 5 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
First establishment Normandiëlaan 13, De Haan
2000
Incorporation published on 08-11-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

JOYE CONSTRUCT was incorporated on 27 October 2000.1 Total assets fell from €10.6m in 2018 to €9.3m in 2025 and headcount from 0.8 to 1.6 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0473.144.323
VAT number
BE 0473.144.323
Peppol ID
0208:0473144323
Other Peppol ID
9925:BE0473144323
Legal form
Public limited company
Status
Active, normal situation
Founded
27-10-2000
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June at 20:00
deed of 24-10-2022 (in Dutch)
Peppol
Reachable since 24-11-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
JOYE CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-10-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 24-10-2022 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2024
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
41101 Real estate development main activity
Social security (RSZ) activities
41101 Real estate development main activity
Codes under NACEBEL 2003
70111 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle handelingen stellen of transacties verrichten in verband met onroerende goederen en de studie en/of de uitvoering van onroerende…”
15 activities
  1. Alle handelingen stellen of transacties verrichten in verband met onroerende goederen en de studie en/of de uitvoering van onroerende markten, met name de aankoop, de verkoop, de ruiling, afbraak, oprichting, huur, verhuring, leasing, inrichting, inzonderheid van gemeubileerde appartementen en woningen; de expertise, het beheer, de uitbating, het valoriseren en het laten bouwen en verbouwen van onroerende goederen van alle aard; alsmede de promotie en de coördinatie van de leiding van dergelijke werken; hetzij in de algemene exploitatie van een immobiliënkantoor en woningbureau, met inbegrip van tussenkomsten in de overdrachten van handelsfondsen, contracten van leningen en financieringen, verzekeringsmakelaardij van alle risico’s en alle administratie en beheerzaken dienaangaande. Het verkavelen van gronden.
  2. Het geven van adviezen en leveren van diensten op het vlak van rendementsstudies, in het domein van vastgoedontwikkeling en renovatieprojecten.
  3. Algemene bouwonderneming; onderneming voor timmer- en schrijnwerk; voor het opstellen van gebouwen (ruwbouw en onderdak zetten); voor het bouwen van stellingen, het invoegen en reinigen van gevels, warmte en geluidsisolatie, het vervaardigen en plaatsen van sierschoorsteenmantels, voor het leggen van parketvloeren en alle andere houten bedekkingen en vloeren.
  4. Het verlenen van dienstprestaties van economische en/of juridische aard, zowel in eigen beheer als in deelneming met derden, daartoe behoren techno-consult, assistentie op gebied van management, engineering, consultancy, merchandising, franchising, technisch, commercieel en administratief beheer en advies, alsook het ter beschikking stellen en het huren van personeel.
  5. Het inrichten van winkelruimtes in de meest ruime zin van het woord, zowel voor eigen rekening als voor rekening van derden. Dit omvat onder meer de planning en conceptie van zulke inrichtingen, evenals de uitvoering van de nodige werkzaamheden daartoe, alsook de aankoop en verkoop van de benodigde materialen en goederen.
  6. Alle uitbatingen van horecabedrijven in de ruimste zin van het woord zoals onder meer, restaurant, tearoom, brasserie, taverne, snackbar, verbruikssalon, restauratiehouder (traiteur), drankgelegenheid, inrichting voor vertoningen en exposities, dancing, hotel en logementhuis.
  7. De import en export, aan- en verkoop van voedingswaren, grondstoffen en ingrediënten voor voedingswaren en dranken (met inbegrip van alcoholische dranken).
  8. De aan- en verkoop, import en export, commercialiseren, leasing en restauratie van antiquiteiten, curiosa, kunst- en gebruiksvoorwerpen. Dit in de meest ruime zin van het woord, samen met alle mogelijke aanverwante activiteiten die daartoe noodzakelijk of nuttig zijn.
  9. Het patrimonium van de vennootschap te beheren in de ruimste zin van het woord, en oordeelkundig uit te breiden, alle beschikbare middelen te beleggen of weder te beleggen, zowel in roerende als in onroerende goederen.
  10. Overgaan tot het aankopen, onderschrijven, beheren, verkopen, omruilen voor eigen rekening van aandelen, deelbewijzen en/of effecten allerlei van vennootschappen en/of verenigingen eender welke, alsmede van andere roerende en/of onroerende waarden, tegoeden en/of vorderingen;
  11. Overgaan tot het aankopen, verkopen, opschikken, uitrusten, valoriseren, bouwen, verhuren, onderverhuren, in huur nemen of leasen van onroerende goederen, al dan niet gemeubeld;
  12. Het optreden als tussenpersoon in de handel en in de dienstensector in de ruimste zin van het woord;
  13. Het besturen van vennootschappen welk voorwerp deze vennootschappen ook mochten hebben, het deelnemen in en het directievoeren over ondernemingen en vennootschappen, alsook het uitoefenen van de functie van bestuurder of analoge functies zoals vereffenaar in vennootschappen en andere rechtspersonen.
  14. Het bevorderen van de oprichting van vennootschappen of het participeren in bestaande of nog op te richten vennootschappen; de vennootschap kan door middel van inschrijving, inbreng, fusie, opslorping, financiële tussenkomst of afspraak deelnemen in andere Belgische of buitenlandse vennootschappen, instellingen of ondernemingen, zonder onderscheid, ongeacht het maatschappelijk voorwerp gelijk, verwant, verknocht of analoog is aan het hare of waarvan de deelname of samenwerking kan bijdragen tot de verwezenlijking van haar voorwerp; zij kan alle brevetten, licenties en vergunningen solliciteren of deze aankopen, overdragen en uitbaten en alle genotrechten terzake toestaan.
  15. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook mits vergoeding borgstellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen.
deed of 24-10-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Normandiëlaan 13 registered office 8420 De Haan 12-01-2001 2.097.728.136

Buildings and parcels at the address

Ground area
814 m²
Buildings
161 m²
Volume, LiDAR
907 m³
Tallest building
9.3 m
Buildings to scale, each on its own parcel
161 m², 9.3 m 161 m², 9.3 m

Environmental permits

3 applications in Flanders since 2019 · 1 granted
12-03-2021 Granted Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 25-11-2020 · project 2020157551 Blankenberge
27-09-2019 Discontinued Bouwen of herbouwen submitted 25-07-2019 · project 2019093974 Oostende
18-07-2019 Discontinued Bouwen of herbouwen submitted 01-07-2019 · project 2018138643 Oostende

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
8 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
35007A0002/00E012
ProtectedTownscape or village viewDe Haan Concessie: uitbreiding tot hele vroegere ConcessieSource ↗
814 m² 1 · 161 m² 9.3 m · 2

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0473.144.323