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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JOSAN from Balen, company number BE0461995855, closed financial year 2025 with a result of € -276,348 after tax. For that financial year JOSAN recorded a gross margin of € 764,360 and equity of € 14,199. Compared with financial year 2024, the result moved from € 52,823 to € -276,348. The company made a loss. The buffer shrank hard: equity is 96 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 14,199
▼ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -276,348
▼ still € 52,823 profit in 2024
Profit after tax over the fiscal year.
€ 74,089
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,775.
People and assets in 2025
16.8
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 807,402
▲ 5% vs 2024
€ 48,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 272,664
▼ 24% vs 2024
Of which on lease € 234,445.
Debts at end 2025
€ 492,744
▲ 6% vs 2024
€ 87,910 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 464,198
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,280
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 761,878 | € 937,218 | € 994,087 | € 764,360 | ▼ 23% |
| Profit after taxes | € 30,205 | € 50,522 | € 52,823 | € -276,348 | ▼ € 329,171 |
| Equity | € 234,699 | € 285,221 | € 338,044 | € 14,199 | ▼ 96% |
| Total debts | € 488,922 | € 501,678 | € 892,870 | € 1,035,257 | ▲ 16% |
| Cash | € 7,224 | € 23,194 | € 62,959 | € 74,089 | ▲ 18% |
| Land & buildings | € 144,373 | € 134,769 | € 125,165 | € 115,561 | ▼ 8% |
| Retained profit | € 172,726 | € 223,248 | € 276,071 | € -47,775 | ▼ € 323,845 |
| Dividend | € 0 | € 0 | € 0 | € 47,497 | |
| Bank debt | € 157,274 | € 108,765 | € 464,982 | € 492,744 | ▲ 6% |
| Balance sheet total | € 723,621 | € 786,899 | € 1,230,914 | € 1,049,456 | ▼ 15% |
| Employees (FTE) | 15.9 | 16.1 | 15.5 | 16.8 | ▲ 1.3 |
Key figures of JOSAN, 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 JOSAN?
What happened at JOSAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cecilia Emilia Mertens stepped down as director. NBB
- Bart Jozef Goris stepped down as director. NBB
- Ferre Goris stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 276,349 (▼ € 329,171 vs 2024). filed late Source: NBB ↗
- Ferre Goris became a director. NBB
- Cecilia Emilia Mertens became a director. NBB
- Bart Jozef Goris became a director. NBB
- New establishment in Lommel. KBO
In short
From € 30,205 profit in 2022 to € 276,349 loss in 2025.
Paid € 48,631 in corporate taxes since 2022.
Best year ever: 2024, with € 52,823 profit.
On average € 45,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
Ferre Goris
Director
since 2026 · until 2031
Establishments
Establishment units
Physical locations of this company
Ongelberg 2
2490 Balen
Christoffel Plantijnstraat 18
3920 Lommel
Active since 12 April 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.995.855
- VAT number
- BE 0461.995.855
- Registered office
- Ongelberg 2, 2490 Balen
- Names & denominations
- JOSAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 1997
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Activiteiten van eetgelegenheden met volledige bediening
Catering van evenementen
Detailhandel in vis en schaal- en weekdieren
Fokken en houden van melkvee
Rundveehouderij