Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
J. CHOO (BELGIUM) from Brussel, company number BE0835061815, closed financial year 2025 with a result of € 134 after tax. For that financial year J. CHOO (BELGIUM) recorded a gross margin of € 484,356 and equity of € -189,278. Compared with financial year 2024, the result moved from € -7,084 to € 134. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 22, 2026.
€ -189,278
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 134
▲ still € 7,084 loss in 2024
Profit after tax over the fiscal year.
€ 25,569
▲ 82% 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 € -207,828.
People and assets in 2025
4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 435,037
▲ 69% vs 2024
€ 108,800 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.
Debts at end 2025
€ 355,370
▼ 43% vs 2024
Loans from banks and other lenders, long and short.
€ 574,852
▲ 121% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 102,924
▲ € 79,755 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 310,762 | € 195,678 | € 327,423 | € 484,356 | ▲ 48% |
| Profit after taxes | € 14,250 | € 14,093 | € -7,084 | € 134 | ▲ € 7,217 |
| Equity | € -196,421 | € -182,328 | € -189,412 | € -189,278 | |
| Total debts | € 1,087,544 | € 950,845 | € 981,410 | € 1,085,209 | ▲ 11% |
| Cash | € 301,799 | € 6,960 | € 14,078 | € 25,569 | ▲ 82% |
| Retained profit | € -214,971 | € -200,878 | € -207,962 | € -207,828 | |
| Bank debt | € 0 | € 0 | € 624,942 | € 355,370 | ▼ 43% |
| Balance sheet total | € 891,123 | € 768,517 | € 791,999 | € 895,931 | ▲ 13% |
| Employees (FTE) | 3.7 | 3.8 | 3.6 | 4 | ▲ 0.4 |
Key figures of J. CHOO (BELGIUM), fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to J. CHOO (BELGIUM)?
What happened at J. CHOO (BELGIUM) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 134. filed late Source: NBB ↗
- Rajal MEHTA became a director. NBB
- Thomas J. EDWARDS stepped down as director. NBB
- David M. PROVENZANO stepped down as director. NBB
- David M. PROVENZANO became a director. NBB
- Thomas J. EDWARDS became a director. NBB
- Richard KOZLOWSKI became a director. NBB
- New establishment in Brussel. KBO
In short
From € 14,250 profit in 2022 to € 134 profit in 2025.
Paid € 2,059 in corporate taxes since 2022.
Best year ever: 2022, with € 14,250 profit.
On average € 121,100 of value added per employee in 2025.
Management
Behind J. CHOO (BELGIUM) are Hannah MERRITT, Richard KOZLOWSKI and Rajal MEHTA.
Directors
According to the 2025 annual accounts
Hannah MERRITT
Director
since 2011
Richard KOZLOWSKI
Director
since 2020
Rajal MEHTA
Director
since 2025
David M. PROVENZANO
Director
since 2021 · until 2024
Thomas J. EDWARDS
Director
since 2021 · until 2025
Establishments
Establishment units
Physical locations of this company
Congresstraat 37
1000 Brussel
Waterloolaan 53
1000 Brussel
Active since 1 September 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →Groupement des Importateurs Belges de Charbons Americains
ADVICE-NET
€ 460,766 gross margin · 2023
Rotary BeLux Services
€ 243,745 gross margin · 2025
INOX BEDRIJVEN
€ -28,314 gross margin · 2025
AXIMAS
€ 14,453 gross margin · 2025
+64 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
- 0835.061.815
- VAT number
- BE 0835.061.815
- Registered office
- Congresstraat 37, 1000 Brussel
- Names & denominations
- J. CHOO (BELGIUM)
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2011
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Detailhandel in schoeisel
Detailhandel in lederwaren en reisartikelen
Groothandel in schoeisel