JOSEFIEN
ActiveJOSEFIEN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €15k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency49▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.22 in 2024; short-term debt: 64.3% and cash: 30.9% of total assets), and 76% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
24%
Return on assets
2.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
8 d early
2023
40 d early
2022
2 d early
2021
5 d early
2020
1 d early
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€130k▼ 24.2%
2024 · €171k
2018: €106k
2019: €122k
2020: €144k
2021: €148k
2022: €144k
2023: €161k
2024: €171k
2018 → 2025
Total assets
€539k▼ 0.6%
2024 · €543k
2018: €402k
2019: €371k
2020: €364k
2021: €358k
2022: €425k
2023: €543k
2024: €543k
2018 → 2025
Net result
€15k▲ 44.0%
2024 · €10k
2018: €9k
2019: €17k
2020: €21k
2021: €15k
2022: €17k
2023: €17k
2024: €10k
2018 → 2025
Working capital
€19k▼ 67.7%
2024 · €60k
2018: €-24k
2019: €7k
2020: €37k
2021: €36k
2022: €31k
2023: €58k
2024: €60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€144k▼ 2.8%€161k▲ 11.8%€171k▲ 6.4%€130k▼ 24.2%
Operating result€31k-€29k▼ 4.4%€32k▲ 9.2%€26k▼ 17.8%€39k▲ 48.6%
Net result€15k-€17k▲ 15.3%€17k▼ 2.4%€10k▼ 39.0%€15k▲ 44.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €539k
Fixed assets
€173k▼ 18.0%
Current assets
€366k▲ 10.6%
Equity and liabilities €539k
Equity
€130k▼ 24.2%
Debt
€410k▲ 10.3%
The debt ratio rises from 68.5% to 76.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€102k▲
2024 · €89k
Cash flow
€78k▲
2024 · €73k
Solvency
24.0%▼
2024 · 31.5%
Current ratio
1.06▼
2024 · 1.22
Quick ratio
0.95▼
2024 · 1.10
Debt / equity
3.16▲
2024 · 2.17
ROE
11.5%▲
2024 · 6.0%
ROA
2.8%▲
2024 · 1.9%
Interest coverage
8.72▲
2024 · 7.51
Debt
€410k▲
2024 · €371k
Debt ≤ 1 year
€347k▲
2024 · €271k
Debt > 1 year
€63k▼
2024 · €100k
Income taxes
€13k▼
2024 · €15k
Staff costs
€471k▲
2024 · €421k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€543k€539k▼
Fixed assets21/28€211k€173k▼
Intangible fixed assets21€9k€0▼
Tangible fixed assets22/27€203k€173k▼
Land and buildings22€116k€119k▲
Plant, machinery and equipment23€51k€30k▼
Leasing and similar rights25€36k€23k▼
Financial fixed assets28€300€300=
Current assets29/58€331k€366k▲
Stocks and contracts in progress3€32k€36k▲
Stocks30/36€32k€36k▲
Amounts receivable within one year40/41€155k€153k▼
Trade receivables40€85k€61k▼
Other amounts receivable41€70k€93k▲
Cash at bank and in hand54/58€134k€167k▲
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€543k€539k▼
Equity10/15€171k€130k▼
Contributions10/11€40k€40k=
Reserves13€120k€79k▼
Distributable reserves133€120k€79k▼
Profit (loss) carried forward14€11k€11k=
Amounts payable17/49€371k€410k▲
Amounts payable after more than one year17€100k€63k▼
Financial debts170/4€100k€63k▼
Amounts payable within one year42/48€271k€347k▲
Current portion of amounts payable after more than one year42€55k€54k▼
Trade debts44€142k€166k▲
Suppliers440/4€142k€166k▲
Advances received on contracts in progress46€214€0▼
Taxes, remuneration and social security45€35k€40k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€24k€28k▲
Other amounts payable47/48€39k€86k▲
Income statement
Code20242025
Remuneration, social security and pensions62€421k€471k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€63k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€3k€7k▲
Gross operating margin9900€513k€583k▲
Operating profit (loss)9901€26k€39k▲
Financial income75/76B€11k€132▼
Recurring financial income75€402€132▼
Non-recurring financial income76B€10k€0▼
Financial charges65/66B€12k€12k▼
Recurring financial charges65€12k€12k▼
Profit (loss) for the period before taxes9903€25k€28k▲
Income taxes67/77€15k€13k▼
Profit (loss) for the period9904€10k€15k▲
Profit (loss) for the period to be appropriated9905€10k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€26k▲
Profit (loss) brought forward from the previous period14P€11k€11k=
Transfer from equity791/2-€56k
Transfer to equity691/2€10k€15k▲
To other reserves6921€10k€15k▲
Profit to be distributed694/7-€56k
Return on contributions (dividend)694-€56k
Social balance
Average headcount (FTE)908714.114.1=
The notes to these accounts (18 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
14-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge5 facts ▸
- General meeting, 01/09/2025
- Director resignation, Hens Luc (bestuurder)
- Director discharge, Hens Luc
- Director appointment, Reneeke (bestuurder)
- Permanent representative, Hens Luc
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €150kEq €161k ▲11.8%
6 profitable years in a row build equity to €161k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Highest result since 2018net €21k ▲26.3%
Operating result €42k, net result €21k, both a record.
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Reneeke
CurrentDirector · since 01-09-2025 · Limited partnership · perm. rep.: Hens Luc
01-09-2025
Reneeke: Appointed as Director
01-09-2025
Luc Hens: Resigned as Director
Location & real-estate footprint
Registered office, Berlaar · 2 establishment units since 2010
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.
Stationsstraat 952590 BerlaarGround area
1,040 m²
Building footprint
710 m²
Volume, LiDAR
1,466 m³
2 parcels, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
KEURSLAGER HENS - ASSELBERGHS
since 20102.186.046.042
KEURSLAGER HENS - ASSELBERGHS
since 20172.261.742.367
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029B1010/00A000 | Flanders | 609 m² | 1 · 407 m² | - |
| 12002D0148/00V007 | Flanders | 431 m² | 1 · 303 m² | 11.6 m · 2 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.
Structure & network
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
JOSEFIENBE 0822.254.647
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,053 EUR awarded · 2,053 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 353 EUR | 353 EUR |
| 2024 | 1 | 1,077 EUR | 1,077 EUR |
| 2023 | 1 | 353 EUR | 353 EUR |
| 2022 | 1 | 270 EUR | 270 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sites · 2 with a smileyBerlaar2.186.046.042
Putte2.261.742.367
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TÖMMELHOF
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B&G MEAT
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Of 3,041 companies in sector 47221 we hold annual accounts for 1,561. 1,347 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2010
Fiscal year end30-09
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.