JOCONAM
ActiveSummary
The computed 12-month bankruptcy probability of JOCONAM is 3.6% (moderate). The 2024 annual accounts show negative equity (€-30k) and a net result of €-39k. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 18941 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-59
Solvency0▼-31
Growth78=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 1.03 in 2023; short-term debt: 119.8% and cash: 56.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-24.7%
Return on assets
-32.1%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-30k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
19 d early
2022
24 d late
2021
9 d late
2020
27 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-30k
2023 · €9k
2018: €-57k
2019: €-26k
2020: €-13k
2021: €22k
2022: €4k
2023: €9k
2018 → 2024
Total assets
€120k▼ 22.4%
2023 · €155k
2018: €52k
2019: €36k
2020: €36k
2021: €132k
2022: €125k
2023: €155k
2018 → 2024
Net result
€-39k
2023 · €5k
2018: €-64k
2019: €31k
2020: €12k
2021: €35k
2022: €-18k
2023: €5k
2018 → 2024
Working capital
€-29k
2023 · €5k
2018: €-63k
2019: €-32k
2020: €-19k
2021: €17k
2022: €-1k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€22k€4k▼ 81.4%€9k▲ 119%€-30k
Operating result€1k-€37k▲ 3,200%€-14k€9k€-35k
Net result€12k-€35k▲ 186%€-18k€5k€-39k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €35k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120k
Fixed assets
€5k ▲ 33.2%
Current assets
€115k ▼ 23.7%
Key figures and ratios
EBITDA
€-34k▼
2023 · €11k
Cash flow
€-37k▼
2023 · €6k
Solvency
-24.7%▼
2023 · 5.7%
Current ratio
0.80▼
2023 · 1.03
Quick ratio
0.63▼
2023 · 0.94
Debt to equity
-5.05▼
2023 · 16.44
ROA
-32.1%▼
2023 · 3.1%
Interest coverage
-14.27▼
2023 · 4.36
Debt
€150k▲
2023 · €146k
Debt ≤ 1 year
€144k▼
2023 · €146k
Income taxes
€1k▼
2023 · €2k
Staff costs
€250k▲
2023 · €230k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€155k€120k▼
Formation expenses20€269€186▼
Fixed assets21/28€4k€5k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€1k€3k▲
Plant, machinery and equipment23€858€2k▲
Furniture and vehicles24€468€2k▲
Financial fixed assets28€359€359=
Current assets29/58€151k€115k▼
Stocks and contracts in progress3€14k€25k▲
Stocks30/36€14k€25k▲
Amounts receivable within one year40/41€35k€17k▼
Trade receivables40€7k-
Other amounts receivable41€28k€17k▼
Cash at bank and in hand54/58€97k€68k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€155k€120k▼
Equity10/15€9k€-30k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€1k€-37k▼
Amounts payable17/49€146k€150k▲
Amounts payable within one year42/48€146k€144k▼
Trade debts44€118k€114k▼
Suppliers440/4€118k€114k▼
Taxes, remuneration and social security45€28k€30k▲
Taxes450/3€3k€1k▼
Remuneration and social security454/9€25k€29k▲
Other amounts payable47/48€437-
Accrued charges and deferred income492/3-€6k
Income statement
Code20232024
Remuneration, social security and pensions62€230k€250k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€243k€220k▼
Operating profit (loss)9901€9k€-35k▼
Financial income75/76B€1€5▲
Recurring financial income75€1€5▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€7k€-37k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€5k€-39k▼
Profit (loss) for the period to be appropriated9905€5k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-37k▼
Profit (loss) brought forward from the previous period14P€-3k€1k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2018net €35k ▲186%
Operating result €37k, net result €35k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Av. du Bourg. Jean Materne(JB) 2085100 Namur1 establishment unit
DON ANTONIO
since 20172.262.938.140
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.262.938.140
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 6,676 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filings
Scores and ratios are computed by Checked and are not a credit decision.