Bankrupt · Opening faillissement (CBE)
JOE-EDO logo

JOE-EDO

BE0667827182

Rechtspersoon Private limited company 1 establishment

JOE-EDO is a road haulage company in Verviers. Private Limited, started on 19 December 2016, 1 establishment.

Avenue André Ernst 11, 4800 Verviers joe-edo.be

Behind the company: LUDIVINE GUISSARD, JEAN MARIE BOUTET.

Start date

19 December 2016

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 50 % of short-term debt in 2023; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2023.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

JOE-EDO from Verviers, company number BE0667827182, closed financial year 2023 with a result of € -65,930 after tax. For that financial year JOE-EDO recorded a gross margin of € 892,203 and equity of € 28,459. Compared with financial year 2022, the result moved from € 57,841 to € -65,930. The company made a loss. The buffer shrank hard: equity is 70 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 2, 2024.

What it is worth Shrank hard

€ 28,459

▼ 70% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -65,930

▼ still € 57,841 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 25,549

▼ 71% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 8,459.

People and assets in 2023

Full-time equivalents

19.9

▲ 6 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 749,476

▲ 34% vs 2022

€ 37,700 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.

Vehicles and equipment

€ 627,881

▲ 46% vs 2022

Of which on lease € 584,074.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 530,593

▲ 46% vs 2022

€ 167,267 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 409,522

▲ 50% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 87,191

▼ 18% vs 2022

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 641,987 € 789,447 € 892,203 ▲ 13%
Profit after taxes € -28,566 € 57,841 € -65,930 ▼ € 123,771
Equity € 36,549 € 94,390 € 28,459 ▼ 70%
Total debts € 888,693 € 752,385 € 1,057,158 ▲ 41%
Cash € 61,689 € 86,909 € 25,549 ▼ 71%
Retained profit € 16,549 € 74,390 € 8,459 ▼ 89%
Bank debt € 544,239 € 363,693 € 530,593 ▲ 46%
Balance sheet total € 925,242 € 846,774 € 1,085,617 ▲ 28%
Employees (FTE) 11.8 13.9 19.9 ▲ 6

Key figures of JOE-EDO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to JOE-EDO?

What happened at JOE-EDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

JOE-EDO is active according to the CBE. Legal situation: Opening faillissement.

  • Corrected annual accounts filed for financial year 2023. filed late Source: NBB ↗
  • LUDIVINE GUISSARD became a director. NBB
  • New establishment in Verviers. KBO
  • JEAN MARIE BOUTET became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 28,566 loss in 2021 to € 65,930 loss in 2023.

Paid € 1,232 in corporate taxes since 2021.

Best year ever: 2022, with € 57,841 profit.

On average € 44,800 of value added per employee in 2023.

Management

LUDIVINE GUISSARD JEAN MARIE BOUTET
JOE-EDO

Behind JOE-EDO are LUDIVINE GUISSARD and JEAN MARIE BOUTET.

See the full network in the app

Directors

According to the 2023 annual accounts

LUDIVINE GUISSARD

Manager

since 2018

JEAN MARIE BOUTET

Manager

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue André Ernst 11

4800 Verviers

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0667.827.182
VAT number
BE 0667.827.182
Registered office
Avenue André Ernst 11, 4800 Verviers
Names & denominations
JOE-EDO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 December 2016
Peppol
Not registered
Contact
joe-edo.be
Activities · NACE

Goederenvervoer over de weg

Logistieke diensten

Verhuisactiviteiten

Overige vervoerondersteunende activiteiten

Frequently asked questions

What does JOE-EDO do?
JOE-EDO is a road haulage company in Verviers. Private Limited, started on 19 December 2016, 1 establishment.
What is the address of JOE-EDO?
The registered office of JOE-EDO is located at Avenue André Ernst 11, 4800 Verviers.
Is JOE-EDO still active?
No. The CBE lists JOE-EDO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is JOE-EDO registered on Peppol?
No, JOE-EDO is currently not registered on the Peppol network.
What is the enterprise number of JOE-EDO?
The enterprise number of JOE-EDO is BE0667827182.
When was JOE-EDO founded?
JOE-EDO was founded on 19 December 2016.