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Juuls

Active
Private limited companyfounded 2021active for 4 yearsSteenstraat 14, 3450 Geetbets, BelgiumKBO/BCE: BE 0778.678.683

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Juuls has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €277,201 and a net result of €72,090. Equity has been growing by about 47% per year since 2022. Its solvency ranks better than 67% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
15-07-2026
Format
micro format
Reference
2026-00293398
Turnover
≈ €1.2m
Estimated: probably between €960,000 and €1.3m
Total assets
€562,829▲ 2.4%
2024 · €549,760
Net result
€72,090▼ 23.4%
2024 · €94,061
Working capital
€130,757▲ 92.8%
2024 · €67,823
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is 19% lower than in 2024.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€107,318 2025 Net result€72,090 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€67,298-€73,544▲ 9.3%€132,546▲ 80.2%€107,318▼ 19.0%
Net result€50,410above the sector's middle half-€55,640above the sector's middle half▲ 10.4%€94,061above the sector's middle half▲ 69.1%€72,090above the sector's middle half▼ 23.4%
Equity€55,410within the sector's middle half-€111,051above the sector's middle half▲ 100%€205,112above the sector's middle half▲ 84.7%€277,201above the sector's middle half▲ 35.1%
Total assets€194,323within the sector's middle half-€616,433above the sector's middle half▲ 217%€549,760above the sector's middle half▼ 10.8%€562,829above the sector's middle half▲ 2.4%
Debt€138,913-€505,382▲ 264%€344,648▼ 31.8%€285,627▼ 17.1%
Working capital€11,835within the sector's middle half-€43,905above the sector's middle half▲ 271%€67,823above the sector's middle half▲ 54.5%€130,757above the sector's middle half▲ 92.8%
Solvency28.5%within the sector's middle half-18.0%within the sector's middle half▼ 10.5pp37.3%within the sector's middle half▲ 19.3pp49.3%within the sector's middle half▲ 11.9pp
Current ratio1.13within the sector's middle half-1.14within the sector's middle half▲ 0.011.37within the sector's middle half▲ 0.231.83within the sector's middle half▲ 0.47
Return on assets (ROA)25.9%above the sector's middle half-9.0%within the sector's middle half▼ 16.9pp17.1%within the sector's middle half▲ 8.1pp12.8%within the sector's middle half▼ 4.3pp
Staff (FTE)6.6-6.2▼ 6.1%6.8▲ 9.7%9.7▲ 42.6%
above within below The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €562,829
Fixed assets €274,675 ▼ 7.3%
Current assets €288,154 ▲ 13.6%
Equity and liabilities €562,829
Equity €277,201 ▲ 35.1%
Debt €285,627 ▼ 17.1%
Debt's share of the balance-sheet total falls from 62.7% to 50.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€154,666▼
2024 · €175,364
Cash flow
€119,438▼
2024 · €136,879
Quick ratio
1.62▲
2024 · 1.28
Debt to equity
1.03▼
2024 · 1.68
ROE
26.0%▼
2024 · 45.9%
Interest coverage
15.60▲
2024 · 13.85
Debt ≤ 1 year
€157,397▼
2024 · €185,754
Debt > 1 year
€128,186▼
2024 · €158,894
Income taxes
€26,140▲
2024 · €25,842
Staff costs
€248,529▲
2024 · €228,307
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as Juuls has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of Juuls itself is lower: 0.3% within 12 months. It rests on far more data about Juuls than the profile alone.

Test of the method

The method was tested on the 497,445 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 39,278 companies, not a prediction for Juuls. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines

Source: Annual accounts 2025 at the NBB, filed on 15-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€549,760€562,829▲
Fixed assets21/28€296,183€274,675▼
Tangible fixed assets22/27€296,183€274,675▼
Plant, machinery and equipment23€68,969€50,181▼
Furniture and vehicles24€20,986€39,512▲
Other tangible fixed assets26€206,228€184,982▼
Current assets29/58€253,577€288,154▲
Stocks and contracts in progress3€15,966€33,671▲
Stocks30/36€15,966€33,671▲
Amounts receivable within one year40/41€81,700€76,212▼
Trade receivables40€15,351€11,839▼
Other amounts receivable41€66,348€64,373▼
Cash at bank and in hand54/58€154,225€175,245▲
Deferred charges and accrued income490/1€1,686€3,026▲
Equity and liabilities
Total equity and liabilities10/49€549,760€562,829▲
Equity10/15€205,112€277,201▲
Contributions10/11€5,000€5,000=
Reserves13€200,112€272,201▲
Distributable reserves133€200,112€272,201▲
Amounts payable17/49€344,648€285,627▼
Amounts payable after more than one year17€158,894€128,186▼
Financial debts170/4€158,894€128,186▼
Amounts payable within one year42/48€185,754€157,397▼
Current portion of amounts payable after more than one year42€30,005€30,708▲
Trade debts44€77,583€48,165▼
Suppliers440/4€77,583€48,165▼
Taxes, remuneration and social security45€70,461€78,525▲
Taxes450/3€42,015€56,079▲
Remuneration and social security454/9€28,446€22,446▼
Other amounts payable47/48€7,705-
Accrued charges and deferred income492/3-€44
Income statement Code20242025
Non-recurring operating income76A€1,560-
Remuneration, social security and pensions62€228,307€248,529▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,818€47,348▲
Other operating charges640/8€1,563€1,909▲
Non-recurring operating charges66A-€861
Gross operating margin9900€405,234€405,965▲
Operating profit (loss)9901€132,546€107,318▼
Financial income75/76B€15€827▲
Recurring financial income75€15€827▲
Financial charges65/66B€12,658€9,915▼
Recurring financial charges65€12,658€9,915▼
Profit (loss) for the period before taxes9903€119,903€98,230▼
Income taxes67/77€25,842€26,140▲
Profit (loss) for the period9904€94,061€72,090▼
Profit (loss) for the period to be appropriated9905€94,061€72,090▼
Appropriation of the result
Profit (loss) to be appropriated9906€94,061€72,090▼
Transfer to equity691/2€94,061€72,090▼
To other reserves6921€94,061€72,090▼

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2022202320242025Change
Non-recurring operating income76A--€1,560--
Remuneration, social security and pensions62€201,256€192,895€228,307€248,529▲ 8.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,660€26,862€42,818€47,348▲ 10.6%
Other operating charges640/8€1,876€2,872€1,563€1,909▲ 22.2%
Non-recurring operating charges66A---€861-
Gross operating margin9900€288,090€296,172€405,234€405,965▲ 0.2%
Operating profit (loss)9901€67,298€73,544€132,546€107,318▼ 19.0%
Financial income75/76B€0€1,655€15€827▲ 56×
Recurring financial income75€0€1,655€15€827▲ 56×
Financial charges65/66B€4,021€6,672€12,658€9,915▼ 21.7%
Recurring financial charges65€4,021€6,672€12,658€9,915▼ 21.7%
Profit (loss) for the period before taxes9903€63,277€68,527€119,903€98,230▼ 18.1%
Income taxes67/77€12,866€12,887€25,842€26,140▲ 1.2%
Profit (loss) for the period9904€50,410€55,640€94,061€72,090▼ 23.4%
Profit (loss) for the period to be appropriated9905€50,410€55,640€94,061€72,090▼ 23.4%
Line2022202320242025Change
Assets
Total assets20/58€194,323€616,433€549,760€562,829▲ 2.4%
Fixed assets21/28€89,325€256,046€296,183€274,675▼ 7.3%
Tangible fixed assets22/27€89,325€256,046€296,183€274,675▼ 7.3%
Plant, machinery and equipment23€62,751€50,222€68,969€50,181▼ 27.2%
Furniture and vehicles24€7,017€19,718€20,986€39,512▲ 88.3%
Other tangible fixed assets26€19,557€186,105€206,228€184,982▼ 10.3%
Current assets29/58€104,998€360,387€253,577€288,154▲ 13.6%
Stocks and contracts in progress3€19,651€15,750€15,966€33,671▲ 111%
Stocks30/36€19,651€15,750€15,966€33,671▲ 111%
Amounts receivable within one year40/41€15,330€190,039€81,700€76,212▼ 6.7%
Trade receivables40€5,903€163,723€15,351€11,839▼ 22.9%
Other amounts receivable41€9,427€26,316€66,348€64,373▼ 3.0%
Cash at bank and in hand54/58€65,171€152,879€154,225€175,245▲ 13.6%
Deferred charges and accrued income490/1€4,846€1,719€1,686€3,026▲ 79.5%
Equity and liabilities
Total equity and liabilities10/49€194,323€616,433€549,760€562,829▲ 2.4%
Equity10/15€55,410€111,051€205,112€277,201▲ 35.1%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13€50,410€106,051€200,112€272,201▲ 36.0%
Distributable reserves133€50,410€106,051€200,112€272,201▲ 36.0%
Amounts payable17/49€138,913€505,382€344,648€285,627▼ 17.1%
Amounts payable after more than one year17€45,000€188,899€158,894€128,186▼ 19.3%
Financial debts170/4€45,000€188,899€158,894€128,186▼ 19.3%
Amounts payable within one year42/48€93,163€316,482€185,754€157,397▼ 15.3%
Current portion of amounts payable after more than one year42€15,000€29,335€30,005€30,708▲ 2.3%
Trade debts44€22,457€201,585€77,583€48,165▼ 37.9%
Suppliers440/4€22,457€201,585€77,583€48,165▼ 37.9%
Taxes, remuneration and social security45€55,706€85,563€70,461€78,525▲ 11.4%
Taxes450/3€26,530€54,257€42,015€56,079▲ 33.5%
Remuneration and social security454/9€29,176€31,307€28,446€22,446▼ 21.1%
Other amounts payable47/48--€7,705--
Accrued charges and deferred income492/3€750--€44-
Line2022202320242025Change
Profit (loss) for the period9904€50,410€55,640€94,061€72,090▼ 23.4%
+ Depreciation and write-downs630€17,660€26,862€42,818€47,348▲ 10.6%
Operating cash flow (approximation)€68,070€82,502€136,879€119,438▼ 12.7%
Investment in fixed assets (approximation)--€193,582-€82,955-€25,840▲ 68.9%
Change in cash-€87,709€1,346€21,020▲ 16×

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 15-07-2026 2026-00293398 NBB
31-12-2024 micro format 01-08-2025 2025-00348401 PDF
31-12-2023 micro format 22-07-2024 2024-00268290 PDF
31-12-2022 micro format 29-06-2023 2023-00172266 PDF

Comparable companies

These companies have the same main activity as Juuls: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €539,000 and €649,000, founded between 2021 and 2022.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
Juuls Geetbets2021€562,829€277,201€405,965€72,090-2025
RAMB Brussel2022€548,101€271,222€404,824€194,428-2024
Nael Khan Namur2021€597,430€172,629€399,981€27,868-2025
Waterloo Rambo Waterloo2022€577,697-€204,248€368,544€17,37892025
CITY-FRITE Chaudfontaine2022€557,876€264,263€367,378€27,8214.32025
Gaspard Diksmuide2021€538,607€161,046€442,632€125,3484.62025
Chez Viny Remicourt2021€648,653€255,082€407,425€130,1417.12025

They were chosen from the 10,326 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.