Result
€465,401 €465,401
Back in profit in 2025, after a loss of €286,614 in 2024.
JOYE CONSTRUCT
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €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 accountsTurnover
≈ €1.3m estimated
The abbreviated format states no turnover.
Investments
€15,787 0.1 × depreciation
Green is investment, beige is depreciation.
Filings
25 annual accounts since 2001
Five of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
At the same address
7 companies
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 strengthAverage
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
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.
| 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
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 filingsDeviation 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 monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Shares in 3 companies, including JOYE - DEPOORTER and BOUWGROEP DEPOORTER
Board & ownershipRecent 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
Comparable companies
same main activity, similar in size and ageThese 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
Annual accounts 2025
- €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
Companies linked to JOYE CONSTRUCT
Subsidiaries and holdings
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. Click a figure with a dotted line for the item and the filing.
Key facts about JOYE CONSTRUCT
- What is the company number of JOYE CONSTRUCT?
- The company number of JOYE CONSTRUCT is 0473.144.323. The VAT number is the same number with BE in front: BE 0473.144.323.
- Where is JOYE CONSTRUCT based?
- The registered office is at Normandiëlaan 13, 8420 De Haan.Company details
- What does JOYE CONSTRUCT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of JOYE CONSTRUCT?
- JOYE CONSTRUCT is a public limited company (NV).
- When was JOYE CONSTRUCT founded?
- JOYE CONSTRUCT was founded on 27-10-2000.
- Is JOYE CONSTRUCT still active?
- Yes, JOYE CONSTRUCT is an active enterprise in the KBO register.
- How many employees does JOYE CONSTRUCT have?
- JOYE CONSTRUCT had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does JOYE CONSTRUCT fall under?
- In its 2024 annual accounts, JOYE CONSTRUCT states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of JOYE CONSTRUCT?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €1.0m and 40 comparable companies (NACE 681). It probably lies between €1.1m and €2.8m.
- Is JOYE CONSTRUCT profitable?
- In financial year 2025, JOYE CONSTRUCT made a profit of €465,401.
- Where can I find the annual accounts of JOYE CONSTRUCT?
- JOYE CONSTRUCT filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JOYE CONSTRUCT due?
- JOYE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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