JOINE DAMIEN
ActiveSummary
The computed 12-month bankruptcy probability of JOINE DAMIEN is 2.5% (moderate). The 2025 annual accounts show equity of €3k and a net result of €76k. Equity is shrinking by ~39.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 27786 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency27▼-73
Growth58▼-20
Track record82
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
1.8%
Return on assets
45.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 10%
← weakest
strongest →
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 02-06-2026, 59 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
59 d early
2024
44 d early
2023
75 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 93.9%
2024 · €49k
2023: €14k
2024: €49k
2023 → 2025
Total assets
€167k▲ 178%
2024 · €60k
2023: €20k
2024: €60k
2023 → 2025
Net result
€76k▲ 119%
2024 · €35k
2023: €11k
2024: €35k
2023 → 2025
Working capital
€-15k
2024 · €39k
2023: €14k
2024: €39k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€14k-€49k▲ 240%€3k▼ 93.9%
Operating result€14k-€44k▲ 206%€96k▲ 118%
Net result€11k-€35k▲ 202%€76k▲ 119%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 118% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167k
Fixed assets
€40k ▲ 178%
Current assets
€127k ▲ 178%
Equity and liabilities €167k
Equity
€3k ▼ 93.9%
Debt
€164k ▲ 1,391%
Debt's share of the balance-sheet total rises from 18.3% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€99k▲
2024 · €50k
Cash flow
€79k▲
2024 · €41k
Current ratio
0.89▼
2024 · 6.75
Quick ratio
0.88▼
2024 · 6.67
Debt to equity
54.66▲
2024 · 0.22
ROA
45.3%▼
2024 · 57.6%
Interest coverage
165.98▲
2024 · 90.84
Debt ≤ 1 year
€142k▲
2024 · €7k
Debt > 1 year
€22k▲
2024 · €4k
Income taxes
€19k▲
2024 · €9k
Staff costs
€2k
A ratio outside any meaningful range has been withheld (balance sheet total €167k, equity €3k).
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€60k€167k▲
Fixed assets21/28€14k€40k▲
Tangible fixed assets22/27€14k€40k▲
Furniture and vehicles24€14k€40k▲
Financial fixed assets28-€210
Current assets29/58€46k€127k▲
Stocks and contracts in progress3€537€3k▲
Stocks30/36€537€3k▲
Amounts receivable within one year40/41€13k€3k▼
Trade receivables40€7k€840▼
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€20k€110k▲
Deferred charges and accrued income490/1€12k€12k▼
Equity and liabilities
Total equity and liabilities10/49€60k€167k▲
Equity10/15€49k€3k▼
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Share premium1100/10€3k€3k=
Profit (loss) carried forward14€46k-
Amounts payable17/49€11k€164k▲
Amounts payable after more than one year17€4k€22k▲
Financial debts170/4€4k€22k▲
Amounts payable within one year42/48€7k€142k▲
Current portion of amounts payable after more than one year42€3k€8k▲
Trade debts44€203€11k▲
Suppliers440/4€203€11k▲
Taxes, remuneration and social security45€4k€19k▲
Taxes450/3€4k€18k▲
Remuneration and social security454/9-€624
Other amounts payable47/48€33€103k▲
Income statement
Code20242025
Non-recurring operating income76A€6k€3k▼
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Gross operating margin9900€50k€101k▲
Operating profit (loss)9901€44k€96k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€555€599▲
Recurring financial charges65€555€599▲
Profit (loss) for the period before taxes9903€43k€95k▲
Income taxes67/77€9k€19k▲
Profit (loss) for the period9904€35k€76k▲
Profit (loss) for the period to be appropriated9905€35k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€122k▲
Profit (loss) brought forward from the previous period14P€11k€46k▲
Transfer from equity791/2-€122k
Transfer to equity691/2-€122k
To other reserves6921-€122k
Profit to be distributed694/7-€122k
Return on contributions (dividend)694-€122k
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
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €76k ▲119%
Operating result €96k, net result €76k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, La Bruyère · 1 establishment unit since 2023
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.
Chaussée de la Gare, Rhisnes 255080 La BruyèreGround area
1,168 m²
Building footprint
123 m²
Volume, LiDAR
875 m³
Parcel 92102B0325/00Y012, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JOINE DAMIEN
since 20232.353.157.345
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92102B0325/00Y012 | Wallonia | 1,168 m² | 1 · 123 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Domotec-IT
BE 0727.693.604
Tremelo · Eq €3,000
AFF PROJECTS
BE 0729.547.589
Zonhoven · Eq €3,000
SA Klima
BE 0733.519.938
Maasmechelen · Eq €3,000
VANBINST
BE 0745.558.133
Brugge · Eq €3,000
SERATEC
BE 0756.872.489
Anderlecht · Eq €3,000
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 2,562 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
Founded12-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
46643Wholesale of electrical equipment, including installation materials
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:damien.joine@gmail.com