JOJO
Open bankruptcyA bankruptcy procedure is open for JOJO according to publications in the Belgian State Gazette; curator: EEF STESSENS.
Summary
The 2020 annual accounts show negative equity (€-9k) and a net result of €6k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-9k▲ 40.1%
2019 · €-15k
2018: €-46klowest in 3 years
2019: €-15k▲ +66.8% vs 2018
2020: €-9k▲ +40.1% vs 2019highest in 3 years
2018 → 2020
Total assets
€149k▲ 11.6%
2019 · €134k
2018: €43klowest in 3 years
2019: €134k▲ +213% vs 2018
2020: €149k▲ +11.6% vs 2019highest in 3 years
2018 → 2020
Net result
€6k▼ 80.1%
2019 · €31k
2018: €-50klowest in 3 years
2019: €31k▲ +162% vs 2018highest in 3 years
2020: €6k▼ -80.1% vs 2019
2018 → 2020
Working capital
€-22k
2019 · €11k
2018: €-33klowest in 3 years
2019: €11k▲ +132% vs 2018highest in 3 years
2020: €-22k▼ -306% vs 2019
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-46k-€-15k▲ 66.8%€-9k▲ 40.1%
2018: €-46klowest in 3 years
2019: €-15k▲ +66.8% vs 2018
2020: €-9k▲ +40.1% vs 2019highest in 3 years
Operating result€-47k-€35k€9k▼ 75.9%
2018: €-47klowest in 3 years
2019: €35k▲ +176% vs 2018highest in 3 years
2020: €9k▼ -75.9% vs 2019
Net result€-50k-€31k€6k▼ 80.1%
2018: €-50klowest in 3 years
2019: €31k▲ +162% vs 2018highest in 3 years
2020: €6k▼ -80.1% vs 2019
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 76% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €149k
Fixed assets
€20k ▲ 137%
Current assets
€130k ▲ 3.3%
Key figures and ratios
EBITDA
€13k▼
2019 · €38k
Cash flow
€11k▼
2019 · €33k
Solvency
-6.1%▲
2019 · -11.4%
Current ratio
0.86▼
2019 · 1.09
ROA
4.1%▼
2019 · 23.0%
Debt
€158k▲
2019 · €149k
Debt ≤ 1 year
€151k▲
2019 · €115k
Income taxes
€2k▲
2019 · €2k
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 · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€134k€149k▲
Fixed assets21/28€8k€20k▲
Tangible fixed assets22/27€8k€20k▲
Current assets29/58€125k€130k▲
Amounts receivable within one year40/41€97k€106k▲
Cash at bank and in hand54/58€2k€3▼
Equity and liabilities
Total equity and liabilities10/49€134k€149k▲
Equity10/15€-15k€-9k▲
Contributions10/11€6k-
Profit (loss) carried forward14€-21k€-15k▲
Amounts payable17/49€149k€158k▲
Amounts payable within one year42/48€115k€151k▲
Trade debts44€5k€16k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Gross operating margin9900€39k€15k▼
Operating profit (loss)9901€35k€9k▼
Recurring financial income75€3€2k▲
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€33k€8k▼
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€31k€6k▼
Profit (loss) for the period to be appropriated9905€31k€6k▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €654 | €3k | €5k | ▲ 77.6% |
| Gross operating margin9900 | €-45k | €39k | €15k | ▼ 60.6% |
| Operating profit (loss)9901 | €-47k | €35k | €9k | ▼ 75.9% |
| Recurring financial income75 | €0 | €3 | €2k | ▲ 72,630% |
| Recurring financial charges65 | €3k | €3k | €3k | ▼ 7.4% |
| Profit (loss) for the period before taxes9903 | €-49k | €33k | €8k | ▼ 74.4% |
| Income taxes67/77 | €413 | €2k | €2k | ▲ 22.7% |
| Profit (loss) for the period9904 | €-50k | €31k | €6k | ▼ 80.1% |
| Profit (loss) for the period to be appropriated9905 | €-50k | €31k | €6k | ▼ 80.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €43k | €134k | €149k | ▲ 11.6% |
| Fixed assets21/28 | €382 | €8k | €20k | ▲ 137% |
| Tangible fixed assets22/27 | €382 | €8k | €20k | ▲ 137% |
| Current assets29/58 | €42k | €125k | €130k | ▲ 3.3% |
| Amounts receivable within one year40/41 | €30k | €97k | €106k | ▲ 9.9% |
| Cash at bank and in hand54/58 | €12k | €2k | €3 | ▼ 99.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €43k | €134k | €149k | ▲ 11.6% |
| Equity10/15 | €-46k | €-15k | €-9k | ▲ 40.1% |
| Contributions10/11 | €6k | €6k | - | - |
| Profit (loss) carried forward14 | €-52k | €-21k | €-15k | ▲ 28.5% |
| Amounts payable17/49 | €89k | €149k | €158k | ▲ 6.3% |
| Amounts payable within one year42/48 | €75k | €115k | €151k | ▲ 31.8% |
| Trade debts44 | €6k | €5k | €16k | ▲ 223% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-50k | €31k | €6k | ▼ 80.1% |
| + Depreciation and write-downs630 | €654 | €3k | €5k | ▲ 77.6% |
| Operating cash flow (approximation) | €-49k | €33k | €11k | ▼ 67.4% |
| Investment in fixed assets (approximation) | - | €-11k | €-16k | ▼ 52.1% |
| Change in cash | - | €-10k | €-2k | ▲ 75.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
14-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 01-10-2024
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 488 days late
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 339 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Mol · 1 establishment unit since 2016
Ground area
1,196 m²
Building footprint
419 m²
Volume, LiDAR
3,823 m³
Parcel 13434F1320/00X000, Flanders · tallest building 14.7 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
JoJo
since 20162.257.262.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13434F1320/00X000 | Flanders | 1,196 m² | 1 · 419 m² | 14.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EEF STESSENS COLBURNLEI 22, 2400 MOL- eefje@vast-
advocaten.be |
01-10-2024 → present |
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Of 3,961 companies in sector 43331 we hold annual accounts for 1,788. 594 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43422Screed work
46130Agents in the wholesale of timber and building materials
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.