Equity
Equity fell by 86% in 7 years.
Equity fell by 86% in 7 years.
Every financial year from 2019 to 2025 closed with a loss. 2020 was the heaviest.
StudiJoos pays its suppliers 49 days earlier than in 2024.
Nine of the last ten came late. The 2018 accounts came latest: 27 days after the end of the period.
Lower net result than 90% of companies in specialised construction. Sector median €26,691 · 9,959 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 14% of them on solvency, 5% on liquidity, 10% on profitability and 9% on growth.
The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 642 companies had the same profile as StudiJoos has now. Each dot stands for 2 companies, two years later.
Another 1.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of StudiJoos itself: 1.2% within 12 months.
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 642 companies, not a prediction for StudiJoos. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.49 (0.15 in 2024), below 1. Short-term debt is 90% and cash 5.1% of total assets. 90% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| StudiJoos Wetteren | €257,228 | -€7,136 | 10.0% | - |
| Van San Nijlen | €198,885 | -€18,067 | 76.8% | - |
| DV BUILD Evere | €373,940 | -€20,344 | 91.4% | - |
| BATI CHAPE Anderlues | €133,299 | -€44 | 25.1% | - |
| ALIGOR Roeselare | €129,078 | €100 | 82.8% | - |
| Fin Pro Services Anderlecht | €110,211 | -€10,872 | 97.0% | - |
| DVG TOTAL CONSTRUCT Anderlecht | €124,483 | €512 | 62.5% | - |
These companies have the same main activity as StudiJoos: screed work (NACE 43422). They are comparable in size and age: total assets between €110,000 and €374,000, founded between 2008 and 2015.
StudiJoos files the abbreviated format. That format states no turnover. The gross margin fell from €230,086 in 2014 to -€7,136 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 12% of 9,967 companies in 2025.
Higher than 5% of 9,830 companies in 2025.
Higher than 9% of 9,899 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
257,228 | 182,786 | 246,965 | 198,536 | 206,779 | 175,997 | 252,148 | 281,366 | 387,067 | 422,541 | 326,852 | 232,486 | |
21/28 |
143,276 | 163,601 | 184,022 | 149,693 | 56,345 | 63,993 | 64,712 | 38,312 | 85,701 | 143,213 | 120,054 | 71,986 | |
22/27 |
143,276 | 163,601 | 184,022 | 149,693 | 56,345 | 63,993 | 64,712 | 38,312 | 85,701 | 143,213 | 120,054 | 71,986 | |
23 |
137,337 | 157,323 | 177,405 | 149,693 | 56,345 | 63,993 | 52,112 | 6,152 | 19,892 | 33,557 | 36,349 | 15,633 | |
24 |
5,938 | 6,278 | 6,617 | 0 | 0 | 0 | 12,600 | 32,160 | 65,808 | 109,657 | 83,705 | 56,353 | |
29/58 |
113,952 | 19,185 | 62,943 | 48,842 | 150,434 | 112,004 | 187,436 | 243,053 | 301,367 | 279,327 | 206,798 | 160,500 | |
3 |
- | - | - | - | - | - | - | 0 | 2,500 | 27,230 | 34,061 | 45,789 | |
30/36 |
- | - | - | - | - | - | - | 0 | 2,500 | 27,230 | 34,061 | 45,789 | |
40/41 |
100,480 | 2,272 | 3,830 | 1,248 | 102,502 | 90,116 | 113,903 | 115,193 | 292,552 | 159,919 | 73,409 | 39,857 | |
40 |
10,720 | 641 | 40 | 260 | 101,023 | 87,324 | 101,023 | 113,354 | 291,558 | 159,019 | 73,409 | 39,017 | |
41 |
89,760 | 1,631 | 3,790 | 988 | 1,478 | 2,791 | 12,880 | 1,839 | 993 | 899 | 0 | 840 | |
54/58 |
13,201 | 16,913 | 59,113 | 47,595 | 47,932 | 21,889 | 68,234 | 121,138 | 6,315 | 92,178 | 99,327 | 74,853 | |
490/1 |
271 | - | - | - | - | 0 | 5,299 | 6,722 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
257,228 | 182,786 | 246,965 | 198,536 | 206,779 | 175,997 | 252,148 | 281,366 | 387,067 | 422,541 | 326,852 | 232,486 | |
10/15 |
25,604 | 53,206 | 59,804 | 67,479 | 73,166 | 84,565 | 143,617 | 185,901 | 149,102 | 103,066 | 84,862 | 26,594 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | |
1109/19 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | |
13 |
159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 122,508 | 84,466 | 66,262 | 7,994 | |
133 |
159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 159,307 | 122,508 | 84,466 | 66,262 | 7,994 | |
14 |
-152,304 | -124,702 | -118,103 | -110,428 | -104,741 | -93,342 | -34,290 | 7,994 | 7,994 | - | - | - | |
17/49 |
231,624 | 129,580 | 187,162 | 131,056 | 133,613 | 91,432 | 108,531 | 95,465 | 237,966 | 319,475 | 241,990 | 205,892 | |
17 |
- | - | - | - | - | - | 0 | 1,948 | 17,811 | 53,980 | 48,543 | 43,719 | |
170/4 |
- | - | - | - | - | - | 0 | 1,948 | 17,811 | 53,980 | 48,543 | 43,719 | |
42/48 |
231,624 | 129,580 | 187,162 | 131,056 | 133,613 | 91,432 | 108,531 | 93,516 | 220,155 | 265,495 | 193,447 | 162,173 | |
42 |
- | - | - | - | - | 0 | 1,948 | 15,862 | 36,169 | 60,966 | 51,659 | 29,520 | |
44 |
1,384 | 471 | 58,203 | 2,596 | 5,164 | 4,960 | 20,110 | 38,209 | 34,285 | 46,891 | 74,397 | 79,797 | |
440/4 |
1,384 | 471 | 58,203 | 2,596 | 5,164 | 4,960 | 20,110 | 38,209 | 34,285 | 46,891 | 74,397 | 79,797 | |
46 |
- | - | - | - | - | - | - | 0 | 105,955 | 117,092 | 0 | 5,279 | |
45 |
7,131 | 6,000 | 6,000 | 6,011 | 6,000 | 6,000 | 6,000 | 28,385 | 32,539 | 20,835 | 53,318 | 29,981 | |
450/3 |
1,131 | 0 | 0 | 11 | 0 | - | 0 | 22,385 | 32,539 | 14,835 | 40,117 | 6,734 | |
454/9 |
6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 0 | 6,000 | 13,201 | 23,247 | |
47/48 |
223,109 | 123,109 | 122,959 | 122,449 | 122,449 | 80,472 | 80,472 | 11,060 | 11,208 | 19,711 | 14,073 | 17,596 | |
| Income statement | |||||||||||||
70 |
- | 17,397 | - | 4,757 | 826 | - | 0 | 0 | 0 | - | 909,687 | - | |
9900 |
-7,136 | 14,758 | 8,034 | 2,468 | -2,946 | -37,158 | -17,605 | 99,054 | 136,503 | 372,276 | 536,400 | 230,086 | |
60/61 |
30,879 | 2,639 | 5,613 | 2,289 | 3,773 | 38,984 | 18,915 | 31,275 | 555,093 | 649,420 | 373,287 | 100,029 | |
62 |
- | 0 | 348 | - | 348 | 348 | 348 | 348 | 6,482 | 290,273 | 402,254 | 197,996 | |
630 |
20,325 | 20,422 | 19,104 | 7,675 | 7,648 | 20,915 | 24,178 | 38,327 | 43,749 | 48,931 | 34,513 | 17,997 | |
631/4 |
- | - | - | - | - | - | 0 | 0 | 0 | - | 0 | - | |
640/8 |
1,141 | 716 | 405 | 336 | 332 | 331 | 433 | 426 | 419 | 2,087 | 646 | 288 | |
9901 |
-28,602 | -6,380 | -11,823 | -5,543 | -11,273 | -58,751 | -42,564 | 59,954 | 85,854 | 30,985 | 98,988 | 13,806 | |
75/76B |
1,155 | 7 | 4,286 | - | - | - | 533 | - | 77 | 9 | 0 | - | |
75 |
1,155 | 7 | 4,286 | - | - | - | 533 | - | 77 | 9 | 0 | - | |
65/66B |
155 | 225 | 138 | 144 | 125 | 302 | 253 | 769 | 8,680 | 2,573 | 2,191 | 785 | |
65 |
155 | 225 | 138 | 144 | 125 | 302 | 253 | 769 | 8,680 | 2,573 | 2,191 | 785 | |
9903 |
-27,602 | -6,598 | -7,675 | -5,687 | -11,399 | -59,052 | -42,284 | 59,184 | 77,250 | 28,421 | 96,797 | 13,021 | |
67/77 |
- | 0 | - | - | - | - | - | 22,385 | 31,214 | 10,217 | 38,529 | 5,027 | |
9904 |
-27,602 | -6,598 | -7,675 | -5,687 | -11,399 | -59,052 | -42,284 | 36,799 | 46,036 | 18,204 | 58,268 | 7,994 | |
9905 |
-27,602 | -6,598 | -7,675 | -5,687 | -11,399 | -59,052 | -42,284 | 36,799 | 46,036 | 18,204 | 58,268 | 7,994 | |
| Appropriation of the result | |||||||||||||
9906 |
-152,304 | -124,702 | -118,103 | -110,428 | -104,741 | -93,342 | -34,290 | 44,793 | 54,030 | 18,204 | 58,268 | 7,994 | |
14P |
-124,702 | -118,103 | -110,428 | -104,741 | -93,342 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 36,799 | 46,036 | 18,204 | 58,268 | 7,994 | |
6921 |
- | - | - | - | - | - | - | 36,799 | 46,036 | 18,204 | 58,268 | 7,994 | |
| Social balance sheet | |||||||||||||
9087 |
- | - | - | - | - | - | - | - | 0.1 | 7.2 | 9.6 | 4.8 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 216 | 12,253 | 16,448 | 7,991 | |
| Document | |||||||||||||
The notes to these accounts have 6 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.
Source: Annual accounts 2025 at the NBB, filed on 14-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 14-07-2026 | 2026-00306986 | |
| 31-12-2024 | micro format | 20-08-2025 | 2025-00385231 | |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00372271 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00376446 | |
| 31-12-2021 | micro format | 09-08-2022 | 2022-20286005 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-52600542 | |
| 31-12-2019 | abbreviated format | 21-08-2020 | 2020-44500017 | |
| 31-12-2018 | abbreviated format | 27-08-2019 | 2019-55700488 | |
| 31-12-2017 | abbreviated format | 20-08-2018 | 2018-46900019 | |
| 31-12-2016 | abbreviated format | 24-08-2017 | 2017-47400441 | |
| 31-12-2015 | abbreviated format | 24-06-2016 | 2016-22600431 | |
| 31-12-2014 | abbreviated format | 28-07-2015 | 2015-35800415 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -8,277 | 14,041 | 7,281 | 2,132 | -3,626 | -37,836 | -18,385 | 98,280 | 129,602 | 79,916 | 133,500 | 31,803 | ||
| -7,277 | 13,823 | 11,429 | 1,988 | -3,751 | -38,138 | -18,106 | 75,126 | 89,785 | 67,135 | 92,780 | 25,990 | ||
| 0 | 0 | 53,433 | 101,023 | 0 | 20,196 | 50,578 | -9,062 | 0 | 81,180 | 82,580 | 89,983 | ||
| -3,712 | -42,200 | 11,518 | -338 | 26,044 | -46,346 | -52,904 | 114,823 | -85,863 | -7,149 | 24,474 | - | ||
| -117,672 | -110,395 | -124,218 | -82,214 | 16,821 | 20,572 | 78,906 | 149,537 | 81,212 | 13,832 | 13,351 | -1,673 | ||
| - | -36.7% | - | - | - | - | - | - | - | - | 10.9% | - | ||
| 10.0% | 29.1% | 24.2% | 34.0% | 35.4% | 48.0% | 57.0% | 66.1% | 38.5% | 24.4% | 26.0% | 11.4% | ||
| 0.49 | 0.15 | 0.34 | 0.37 | 1.13 | 1.22 | 1.73 | 2.60 | 1.37 | 1.05 | 1.07 | 0.99 | ||
| 0.49 | 0.15 | 0.34 | 0.37 | 1.13 | 1.22 | 1.73 | 2.60 | 1.36 | 0.95 | 0.89 | 0.71 | ||
| 9.05 | 2.44 | 3.13 | 1.94 | 1.83 | 1.08 | 0.76 | 0.51 | 1.60 | 3.10 | 2.85 | 7.74 | ||
| -107.8% | -12.4% | -12.8% | -8.4% | -15.6% | -69.8% | -29.4% | 19.8% | 30.9% | 17.7% | 68.7% | 30.1% | ||
| -10.7% | -3.6% | -3.1% | -2.9% | -5.5% | -33.6% | -16.8% | 13.1% | 11.9% | 4.3% | 17.8% | 3.4% | ||
| -53.39 | 62.38 | 52.70 | 14.85 | -28.91 | - | - | - | - | - | - | - | ||
| - | 13 days | - | 20 days | 44616 days | - | - | - | - | - | 29 days | - | ||
| 16 days | 65 days | 3785 days | 414 days | 500 days | 46 days | 388 days | 446 days | 23 days | 26 days | 73 days | 291 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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €0 | €0 | €53,433 | €101,023 | €0 |
| €20,325 | €20,422 | €19,104 | €7,675 | €7,648 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €28,602, larger than the loss of €6,380 in 2024. It is the lowest result since 2020.
Debt's share of the balance-sheet total rises from 70.9% to 90.0%. Equity is lower and debt is higher.
StudiJoos has no parent and no holdings in its annual accounts. JOOS,Bruno Johny Rafael is the only director.
| CREPICO
registered office since 11-12-2008 · founded in 2008 |
1.9 FTE (2025) 0808.409.975 |
| JOOS & C°
registered office since 09-12-2011 · founded in 2011 |
total assets €666,975 (2025) 0841.670.285 |
| CREPICORNER
registered office since 25-02-2025 · founded in 2025 |
total assets €51,919 (2025) 1020.409.316 |
| Curiosity
registered office since 06-06-2025 |
founded in 2025 1024.096.997 |
| BUZZINESS
registered office since 21-05-2025 |
founded in 2025 1023.576.068 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Crepico Binnenbepleistering registered office Massemsesteenweg 300, 9230 Wetteren | 27-12-2013 | 2.229.222.029 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42012A0460/00M000 | 4,701 m² | 1 · 1,537 m² | 10.8 m · 2 |
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 0543.620.068
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