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JOYOUS CODING

Active Private limited company (pre-2019)founded 2015active for 11 yearsZeecrabbestraat 51, 1180 UccleKBO/BCE: BE 0633.501.060

Lifetime

10 annual accounts with figures on one time axis
peak €151,202 (2024)
€99,351▼ 34.3%
peak €113,308 (2024)
€77,569▼ 31.5%
peak €40,971 (2018)
€20,460unchanged
€125,708▼ 22.7%
Board1 name since 2021
1 directorVAN AKEN Martin
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from €151,202 to €99,351Result from €113,308 to €77,569General meeting · Director resignation 25-09Dividend €77,569Debts from €162,711 to €125,708

Key points

from the 2025 annual accounts

Equity

€20,460 =
20,4602024+77,569Profit-77,569Dividend20,4602025

JOYOUS CODING paid out €77,569 in dividends. That is 100% of the 2025 profit.

Debts

€125,708 86% of the balance sheet
Suppliers 5%Taxes and wages 33%Other 63%

Of this, €125,677 falls due within a year.

Filings

10 annual accounts 7 late
AprilJune31 JulyOctober20202025

The 2022 accounts came latest: 150 days after the end of the period.

Checked score

93
Excellent
Financially stronger than 44% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 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 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged 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 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

39+3equity 14.0% of total assets
53+2short-term debt 86.0% · cash 94.1%
100=return on assets 53.1%

Score breakdown

raises risk
1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 1.15, cash €137,517
Size: total assets €146,168
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 62, micro). It does better than 18% of them on solvency, 34% on liquidity, 82% on profitability and 41% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 5,053 companies had the same profile as JOYOUS CODING has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of JOYOUS CODING itself is lower: 0.1% within 12 months. It rests on far more data about JOYOUS CODING than the profile alone.

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 5,053 companies, not a prediction for JOYOUS CODING. 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 €1,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.15 (1.1 in 2024), below the usual 1.5. Short-term debt is 86% and cash 94.1% of total assets. 86% 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

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 1.15, cash €137,517
NBB · annual accounts
lowers risk · Size: total assets €146,168
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 3405 sector peers (2025).
NBB · sector comparison
Position among 3405 sector peers
Solvency
better than 24%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
54 days late
2023
30 days late
2022
150 days late
2021
31 days late
2020
26 days late
2019
45 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 48 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 31 August (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

Board and ownership

VA
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0633501060
General meeting · Director resignation Gazette deed
General meeting · Other provision Gazette deed
General meeting · Other provision Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
JOYOUS CODING Uccle €146,168 €99,351 14.0% -
NYFLE Brussels €157,275 €100,925 66.4% -
ACII Brussels €158,515 €92,148 24.9% -
Charlier Information Technology Consulting Ixelles €137,534 €82,433 35.8% -
ProsolitV2 Ohey €138,414 €92,774 24.1% -
Double Rainbow Grez-Doiceau €137,383 €96,164 45.1% -
Define IT Leuven €136,235 €110,233 13.7% -

These companies have the same main activity as JOYOUS CODING: computer programming (NACE 62100). They are comparable in size and age: total assets between €136,000 and €159,000, founded between 2015 and 2016.

Official details

Source: KBO
Status
Active since 03-07-2015Normal situation
Activity
Computer programmingNACE 62100and 5 others
Establishment unit
2.245.705.6931180 Uccle, since 03-07-2015
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

≈ €230,000estimated
€146,168▼ 20.2%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on JOYOUS CODING

JOYOUS CODING files the abbreviated format. That format states no turnover. The gross margin rose from €67,658 in 2016 to €99,351 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JOYOUS CODING

What is the company number of JOYOUS CODING?
The company number of JOYOUS CODING is 0633.501.060. The VAT number is the same number with BE in front: BE 0633.501.060.
Where is JOYOUS CODING based?
The registered office is at Zeecrabbestraat 51, 1180 Uccle.Company details
What does JOYOUS CODING do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of JOYOUS CODING?
JOYOUS CODING is a private limited company (pre-2019) (BVBA).
When was JOYOUS CODING founded?
JOYOUS CODING was founded on 03-07-2015.
Is JOYOUS CODING still active?
Yes, JOYOUS CODING is an active enterprise in the KBO register.
What is the turnover of JOYOUS CODING?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €99,351 and 41 comparable companies (NACE 62100). It probably lies between €190,000 and €300,000.Financials
Is JOYOUS CODING profitable?
In financial year 2025, JOYOUS CODING made a profit of €77,569.
Where can I find the annual accounts of JOYOUS CODING?
JOYOUS CODING filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JOYOUS CODING due?
JOYOUS CODING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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