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 38 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Jointco from Genk, company number BE0695769815, closed financial year 2026 with a result of € 1.5 million after tax. Compared with financial year 2024, the result moved from € 5 million to € 1.5 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 6.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 22,936
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 3,470
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 114 days on average.
| 2021 | 2022 | 2024 | 2026 | Change 2024 → 2026 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 90,000 | - | |
| Gross margin | € 35,453 | € 34,010 | - | - | |
| Profit after taxes | € -148,243 | € -156,731 | € 5,003,315 | € 1,485,205 | ▼ 70% |
| Equity | € 4,536,524 | € 4,379,793 | € 6,207,864 | € 6,193,069 | |
| Total debts | € 4,491,418 | € 4,278,181 | € 3,890,948 | € 3,889,703 | |
| Cash | € 47,767 | € 48,724 | € 21,042 | € 22,936 | ▲ 9% |
| Retained profit | € 76,524 | € -80,207 | € 4,747,864 | € 4,733,069 | |
| Dividend | € 0 | € 0 | € 0 | € 1,500,000 | |
| Bank debt | € 2,470,894 | € 2,000,000 | € 0 | € 0 | |
| Balance sheet total | € 9,027,942 | € 8,657,974 | € 10,098,812 | € 10,082,772 |
Key figures of Jointco, fiscal years 2021 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 December 2027.
What happened to Jointco?
What happened at Jointco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Daniel Johnson stepped down as director. NBB
- Raf Jaenen stepped down as director. NBB
- Sander Braaksma stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 1.5 million (▼ 70% vs 2024). Source: NBB ↗
- Daniel Johnson became a director. NBB
- Raf Jaenen became a director. NBB
- Sander Braaksma became a director. NBB
- New establishment in Genk. KBO
In short
From € 148,243 loss in 2021 to € 1.5 million profit in 2026.
Best year ever: 2024, with € 5 million profit.
Paid out € 1.5 million in dividends to the owners in total.
Pays suppliers within 114 days on average.
Management
The shares are held by RPM Europe Holdco BV (100%). It owns 100% of Hengelhoef Concrete Joints itself.
Directors
According to the 2026 annual accounts
Daniel Johnson
Director
since 2024 · until 2029
since 2024 · until 2029
since 2024 · until 2029
Shareholders
RPM Europe Holdco BV
100%
Participations
Establishments
Establishment units
Physical locations of this company
Hengelhoefstraat 158
3600 Genk
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
Microsoft 365
Hosting
GTT-BACKBONE GTT, US
Website info
Features
Security
Details
- Company number
- 0695.769.815
- VAT number
- BE 0695.769.815
- Registered office
- Hengelhoefstraat 158, 3600 Genk
- Names & denominations
- Jointco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2018
- Peppol
- Active · Active since 10 Mar 2026
- Contact
- hcjoints.be
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie