Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JOFA from Hemiksem, company number BE0447046373, closed financial year 2025 with a result of € -20,224 after tax. For that financial year JOFA recorded a gross margin of € -14,319 and equity of € 15,274. Compared with financial year 2024, the result moved from € 5,935 to € -20,224. The company made a loss. The buffer shrank hard: equity is 57 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 15,274
▼ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,224
▼ still € 5,935 profit in 2024
Profit after tax over the fiscal year.
€ 24
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17,212.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 58,726
▼ 12% vs 2024
€ 7,725 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 7,837
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,004 | € 9,272 | € 10,565 | € -14,319 | ▼ € 24,884 |
| Profit after taxes | € 3,739 | € 5,744 | € 5,935 | € -20,224 | ▼ € 26,159 |
| Equity | € 23,819 | € 29,563 | € 35,498 | € 15,274 | ▼ 57% |
| Total debts | € 88,424 | € 81,100 | € 73,385 | € 92,207 | ▲ 26% |
| Cash | - | - | - | € 24 | |
| Land & buildings | € 104,531 | € 104,531 | € 104,531 | € 104,531 | |
| Retained profit | € -8,668 | € -2,923 | € 3,012 | € -17,212 | ▼ € 20,224 |
| Bank debt | € 81,595 | € 74,234 | € 66,706 | € 58,726 | ▼ 12% |
| Balance sheet total | € 112,243 | € 110,663 | € 108,883 | € 107,481 | ▼ 1% |
Key figures of JOFA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to JOFA?
What happened at JOFA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,224 (▼ € 26,159 vs 2024). Source: NBB ↗
- New establishment in Hemiksem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,739 profit in 2022 to € 20,224 loss in 2025.
Best year ever: 2024, with € 5,935 profit.
Management
Behind JOFA is Frank Vangenechten. Frank Vangenechten is also behind VG-C INVESTMENTS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
U.N.O.-Laan 2 box 1
2620 Hemiksem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
DNS
DNSMadeEasy
Domain
Domain
bspy.be
Registered
2012-09-25
Website info
Features
Security
Details
- Company number
- 0447.046.373
- VAT number
- BE 0447.046.373
- Registered office
- U.N.O.-Laan 2 bus 1, 2620 Hemiksem
- Names & denominations
- JOFA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1992
- Peppol
- Active · Active since 10 Feb 2026
- Contact
- bspy.be
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen