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KARTONNAGE JOYE

Active
Public limited companyfounded 198541 yrs activeLievensveld 3, 9600 Ronse, BelgiumKBO/BCE: BE 0426.802.473
Summary

KARTONNAGE JOYE has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €478,758. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 85 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
KARTONNAGE JOYEActiveChecked score 73/100
Risk analysis ReportCompare

Overview

What they do
Manufacture of paper and paper products
NACE 17210NACE 21210
#9 company by total assets in Ronse, Manufacturing sector1 site
How big
€7.8mtotal assets 2025
Staff
25.4 FTE
Equity
€2.2m
Profit
€478,758
Financially healthy?
73 Healthy Checked score 2025
Bankruptcy chance 12 m
0.3%
Who decides
Largest shareholder
Koenraad Willequet · 25%
Holdings
1
Accounts 1 d early0 of 6 deeds read
Why 73- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025
73 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+9
Solvency54▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 2.12 against 1.71 in 2024; short-term debt: 16.1% and cash: 7% of total assets), but 71% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Manufacture of paper and paper products (NACE 17)
about 49% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29%
Return on assets
6.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 d early
2024
13 d early
2023
30 d late
2022
31 d late
2021
4 d late
2020
9 d late
2019
6 d 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 for financial year 2024 is 13 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 4 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2018net €478,758 ▲6.6%
  3. Equity above €2mEq €2.2m ▲27.1%

Key points

  • Positive: Company by total assets in Ronse, Manufacturing sectorin the Checked rankings #9 View
  • Positive: 5 profitable years in a rowprofit 2025: €478,758 5 years View
  • Positive: Equity rose in 2025from €1.8m to €2.2m ▲ 27.1% View

By topic

Financials

Fiscal year
2025
Total assets
€7.8m
Profit
€478,758
Solvency
29.0%
Total assets▼ 4.1%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 30-07-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 31-12-2025Equity above €2m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of paper and paper productsNACE 17210
Founded
14-02-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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