Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JOYE CONSTRUCT from De Haan, company number BE0473144323, closed financial year 2025 with a result of € 465,401 after tax. For that financial year JOYE CONSTRUCT recorded a gross margin of € 1 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € -286,614 to € 465,401. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 2.9 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 465,401
▲ still € 286,614 loss in 2024
Profit after tax over the fiscal year.
€ 32,469
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.7 million.
People and assets in 2025
1.6
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 45,670
▲ 113% vs 2024
€ 28,500 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.
€ 23,032
▼ 41% vs 2024
Of which on lease € 15,390.
Debts at end 2025
€ 3.7 million
▼ 7% vs 2024
€ 162,011 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 16,155
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,438
▲ € 42,119 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 707,447 | € 561,481 | € 318,575 | € 1,036,123 | ▲ 225% |
| Profit after taxes | € 146,985 | € -29,130 | € -286,614 | € 465,401 | ▲ € 752,015 |
| Equity | € 2,771,892 | € 2,742,762 | € 2,456,149 | € 2,921,549 | ▲ 19% |
| Total debts | € 8,905,977 | € 8,317,371 | € 7,797,353 | € 6,419,455 | ▼ 18% |
| Cash | € 794,609 | € 523,643 | € 26,359 | € 32,469 | ▲ 23% |
| Land & buildings | € 3,912,430 | € 3,707,142 | € 3,436,340 | € 3,208,564 | ▼ 7% |
| Retained profit | € 2,521,892 | € 2,492,762 | € 2,206,149 | € 2,671,549 | ▲ 21% |
| Dividend | € 60,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 4,545,803 | € 4,166,303 | € 3,992,626 | € 3,714,623 | ▼ 7% |
| Balance sheet total | € 11,677,869 | € 11,060,133 | € 10,253,502 | € 9,341,004 | ▼ 9% |
| Employees (FTE) | 1 | 1 | 1 | 1.6 | ▲ 0.6 |
Key figures of JOYE CONSTRUCT, 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 JOYE CONSTRUCT?
What happened at JOYE CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 465,401. Source: NBB ↗
- Nathalie Vermote stepped down as director. NBB
- Arno Joye stepped down as director. NBB
- Nationale Konstruktie Maatschappij BV stepped down as director. NBB
- Nathalie Vermote became a director. NBB
- Arno Joye became a director. NBB
- Nationale Konstruktie Maatschappij BV became a director. NBB
- New establishment in De Haan. KBO
In short
From € 146,985 profit in 2022 to € 465,401 profit in 2025.
Paid € 121,303 in corporate taxes since 2022.
Best year ever: 2025, with € 465,401 profit.
On average € 647,600 of value added per employee in 2025.
Management
It owns 50% of Joye - Depoorter NV, 33.3% of Bouwgroep Depoorter BV and 33% of Diamond Oostende NV itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Arno Joye
Director
since 2020 · until 2026
Nationale Konstruktie Maatschappij BV
Managing director · represented by Dimitri Joye
Also active at: BOUWGROEP JOYE
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Normandiëlaan 13
8420 De Haan
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Nationale Konstruktie Maatschappij same network
€ 138,004 gross margin · 2025
IMMOGROEP JOYE
€ 103,592 gross margin · 2025
JOYE COMPANY
€ 959,348 gross margin · 2025
NEW VENNEPARK
€ 175,496 gross margin · 2025
Joye Invest
€ 31,594 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.144.323
- VAT number
- BE 0473.144.323
- Registered office
- Normandiëlaan 13, 8420 De Haan
- Names & denominations
- JOYE CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2000
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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