JOSIR
ActiveSummary
JOSIR has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €672k and a net result of €6k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-10
Solvency89▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.42 in 2024; short-term debt: 30.2% and cash: 0.4% of total assets), and 36.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
63.6%
Return on assets
0.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
31 d late
2022
on the day
2021
30 d late
2020
61 d late
2019
69 d late
← 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, abbreviated schema
Equity
€672k▲ 0.9%
2024 · €666k
2018: €407k
2019: €464k
2020: €503k
2021: €539k
2022: €585k
2023: €592k
2024: €666k
2018 → 2025
Total assets
€1.06M▲ 15.5%
2024 · €914k
2018: €1.65M
2019: €1.74M
2020: €1.67M
2021: €1.57M
2022: €1.48M
2023: €1.04M
2024: €914k
2018 → 2025
Net result
€6k▼ 92.1%
2024 · €74k
2018: €49k
2019: €58k
2020: €50k
2021: €36k
2022: €46k
2023: €49k
2024: €74k
2018 → 2025
Working capital
€-80k▲ 10.4%
2024 · €-90k
2018: €-521k
2019: €-632k
2020: €-606k
2021: €-607k
2022: €-599k
2023: €-143k
2024: €-90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€539k-€585k▲ 8.5%€592k▲ 1.2%€666k▲ 12.5%€672k▲ 0.9%
Operating result€92k-€89k▼ 2.7%€74k▼ 17.0%€115k▲ 55.8%€12k▼ 89.9%
Net result€36k-€46k▲ 27.8%€49k▲ 7.8%€74k▲ 49.4%€6k▼ 92.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€818k ▼ 3.8%
Current assets
€238k ▲ 273%
Equity and liabilities €1.06M
Equity
€672k ▲ 0.9%
Provisions
€26k ▼ 5.2%
Debt
€359k ▲ 62.2%
Debt's share of the balance-sheet total rises from 24.2% to 34.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▼
2024 · €152k
Cash flow
€40k▼
2024 · €111k
Current ratio
0.75▲
2024 · 0.42
Debt to equity
0.53▲
2024 · 0.33
ROE
0.9%▼
2024 · 11.1%
ROA
0.5%▼
2024 · 8.1%
Interest coverage
10.51▼
2024 · 22.10
Debt ≤ 1 year
€319k▲
2024 · €153k
Debt > 1 year
€40k▼
2024 · €67k
Income taxes
€9k▼
2024 · €41k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€914k€1.06M▲
Fixed assets21/28€851k€818k▼
Tangible fixed assets22/27€851k€818k▼
Land and buildings22€851k€818k▼
Current assets29/58€64k€238k▲
Amounts receivable after more than one year29-€14k
Trade receivables290-€14k
Amounts receivable within one year40/41€61k€220k▲
Trade receivables40€34k€44k▲
Other amounts receivable41€27k€176k▲
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€152€216▲
Equity and liabilities
Total equity and liabilities10/49€914k€1.06M▲
Equity10/15€666k€672k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€617k€623k▲
Non-distributable reserves130/1€34k€34k=
Legal reserve130€34k€34k=
Tax-exempt reserves132€62k€60k▼
Distributable reserves133€521k€530k▲
Profit (loss) carried forward14€-13k€-13k=
Provisions and deferred taxes16€27k€26k▼
Deferred taxes168€27k€26k▼
Amounts payable17/49€222k€359k▲
Amounts payable after more than one year17€67k€40k▼
Financial debts170/4€67k€40k▼
Amounts payable within one year42/48€153k€319k▲
Current portion of amounts payable after more than one year42€71k€30k▼
Trade debts44€28k€26k▼
Suppliers440/4€28k€26k▼
Taxes, remuneration and social security45€18k€2k▼
Taxes450/3€18k€2k▼
Other amounts payable47/48€37k€261k▲
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Non-recurring operating income76A€118k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€34k▼
Other operating charges640/8€7k€5k▼
Gross operating margin9900€159k€51k▼
Operating profit (loss)9901€115k€12k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€112k€13k▼
Transfer from deferred taxes780€3k€1k▼
Income taxes67/77€41k€9k▼
Profit (loss) for the period9904€74k€6k▼
Transfer from tax-exempt reserves789€6k€3k▼
Profit (loss) for the period to be appropriated9905€80k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€-4k▼
Profit (loss) brought forward from the previous period14P€-13k€-13k=
Transfer to equity691/2€80k€9k▼
To other reserves6921€80k€9k▼
The notes to these accounts (8 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €6k ▼92.1%
Net result drops to €6k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €74k ▲49.4%
Operating result €115k, net result €74k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Equity above €500kEq €503k ▲8.3%
3 profitable years in a row build equity to €503k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Waregem · 1 establishment unit since 1987
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.
Roger Vansteenbruggestraat 888790 WaregemGround area
1,635 m²
Building footprint
753 m²
Volume, LiDAR
2,884 m³
2 parcels, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JOSIR NV
since 19872.031.458.726
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0094/00R000 | Flanders | 1,130 m² | 1 · 640 m² | 8.4 m · 1 fl. |
| 34453F0488/00F000 | Flanders | 504 m² | 1 · 113 m² | 3.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
AUTOCENTER VALE
BE 0434.386.289
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A.K. Investment
BE 0810.418.370
Elsene · Eq €672,583
M2B
BE 0656.495.109
Herve · Eq €670,429
MEGANCK MAINTENANCE SERVICES
BE 0681.866.547
Elsene · Eq €672,963
IMMOBILIERE TONGLET
BE 0872.040.391
Ukkel · Eq €673,883
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,526 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 formPublic limited company
Founded02-10-1987
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.