JOYCO is a greengrocer in Wellen. Private Limited, started on 14 July 2011, 1 establishment.

What is the address of JOYCO?

The registered office of JOYCO is located at Veerstraat 41, 3830 Wellen.

Is JOYCO still active?

No. The CBE lists JOYCO 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 JOYCO registered on Peppol?

No, JOYCO is currently not registered on the Peppol network.

What is the enterprise number of JOYCO?

The enterprise number of JOYCO is BE0838004477.

When was JOYCO founded?

JOYCO was founded on 14 July 2011.

Who are the directors of JOYCO?

According to the 2023 annual accounts, the directors of JOYCO are: MICHEL GILISSEN.

Is JOYCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 14 July 2011; 3 annual accounts filed, latest fiscal year 2023; 1 directors known from the annual account.

How much profit did JOYCO make in 2023?

JOYCO recorded a loss after taxes of € 64,094 in financial year 2023.

What is the revenue of JOYCO?

As a small company, JOYCO is not required to publish revenue in its annual accounts. In financial year 2023, its added value was € 6,608.

JOYCO (Private Limited) - Wellen - BE0838004477

Dossier JOYCO, printed on 30 October 2026 from databakkes.be/en/0838004477/joyco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 14 % of short-term debt in 2023; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2023

JOYCO from Wellen, company number BE0838004477, closed financial year 2023 with a result of € -64,094 after tax. For that financial year JOYCO recorded a gross margin of € 6,608 and equity of € 24,030. Compared with financial year 2022, the result moved from € 22,812 to € -64,094. The company made a loss. The buffer shrank hard: equity is 73 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 26, 2024.

What it is worth Shrank hard

€ 24,030

▼ 73% vs 2022

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

Loss Caution

€ -64,094

▼ still € 22,812 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 5,678

▼ 80% 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 € 5,430.

People and assets in 2023

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 3,176 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 3,176

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 135,205

▼ 24% vs 2022

Of which on lease € 133,815.

Debts at end 2023

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 253,690

▲ 8% vs 2022

€ 62,762 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 37,514

▲ € 31,861 vs 2022

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

Taxes and wages

€ 12,669

▲ 28% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	Change 2022 → 2023
Gross margin	€ 37,986 Gross margin 2021: € 37,986 First fiscal year in the series	€ 152,748 Gross margin 2022: € 152,748 ▲ € 114,762 vs 2021 (€ 37,986) Favourable step	€ 6,608 Gross margin 2023: € 6,608 ▼ 96% vs 2022 (€ 152,748) Unfavourable step	▼ 96%
Profit after taxes	€ 2,160 Profit after taxes 2021: € 2,160 First fiscal year in the series	€ 22,812 Profit after taxes 2022: € 22,812 ▲ € 20,652 vs 2021 (€ 2,160) Favourable step	€ -64,094 Profit after taxes 2023: € -64,094 ▼ € 86,906 vs 2022 (€ 22,812) Unfavourable step	▼ € 86,906
Equity	€ 65,313 Equity 2021: € 65,313 First fiscal year in the series	€ 88,125 Equity 2022: € 88,125 ▲ 35% vs 2021 (€ 65,313) Favourable step	€ 24,030 Equity 2023: € 24,030 ▼ 73% vs 2022 (€ 88,125) Unfavourable step	▼ 73%
Total debts	€ 280,932 Total debts 2021: € 280,932 First fiscal year in the series	€ 250,845 Total debts 2022: € 250,845 ▼ 11% vs 2021 (€ 280,932) Favourable step	€ 311,699 Total debts 2023: € 311,699 ▲ 24% vs 2022 (€ 250,845) Unfavourable step	▲ 24%
Cash	€ 4,619 Cash 2021: € 4,619 First fiscal year in the series	€ 28,879 Cash 2022: € 28,879 ▲ € 24,260 vs 2021 (€ 4,619) Favourable step	€ 5,678 Cash 2023: € 5,678 ▼ 80% vs 2022 (€ 28,879) Unfavourable step	▼ 80%
Land & buildings	€ 73,824 Land & buildings 2021: € 73,824 First fiscal year in the series	€ 73,196 Land & buildings 2022: € 73,196 ▼ 1% vs 2021 (€ 73,824) Unchanged	€ 72,568 Land & buildings 2023: € 72,568 ▼ 1% vs 2022 (€ 73,196) Unchanged	▼ 1%
Retained profit	€ 46,713 Retained profit 2021: € 46,713 First fiscal year in the series	€ 69,525 Retained profit 2022: € 69,525 ▲ 49% vs 2021 (€ 46,713) Favourable step	€ 5,430 Retained profit 2023: € 5,430 ▼ 92% vs 2022 (€ 69,525) Unfavourable step	▼ 92%
Bank debt	€ 252,835 Bank debt 2021: € 252,835 First fiscal year in the series	€ 234,155 Bank debt 2022: € 234,155 ▼ 7% vs 2021 (€ 252,835) Favourable step	€ 253,690 Bank debt 2023: € 253,690 ▲ 8% vs 2022 (€ 234,155) Unfavourable step	▲ 8%
Balance sheet total	€ 352,176 Balance sheet total 2021: € 352,176 First fiscal year in the series	€ 342,970 Balance sheet total 2022: € 342,970 ▼ 3% vs 2021 (€ 352,176) Unchanged	€ 339,188 Balance sheet total 2023: € 339,188 ▼ 1% vs 2022 (€ 342,970) Unchanged	▼ 1%

Key figures of JOYCO, 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 JOYCO?

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

JOYCO is active according to the CBE. Legal situation: Opening faillissement.

Jul 26, 2024 New annual accounts for financial year 2023: loss of € 64,094 (▼ € 86,906 vs 2022). Source: NBB ↗
Jul 14, 2011 New establishment in Wellen. KBO
Jul 14, 2011 Start of the company according to the CBE. KBO

In short

From € 2,160 profit in 2021 to € 64,094 loss in 2023.

Paid € 6,385 in corporate taxes since 2021.

Best year ever: 2022, with € 22,812 profit.

Original PDFs at the National Bank ↗

Management

MICHEL GILISSEN

JOYCO

Behind JOYCO is MICHEL GILISSEN.

Directors

According to the 2023 annual accounts

MICHEL GILISSEN

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Veerstraat 41

3830 Wellen

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

Details

Company number

0838.004.477

VAT number

BE 0838.004.477

Registered office

Veerstraat 41, 3830 Wellen

Names & denominations

JOYCO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

14 July 2011

Peppol

Not registered

Activities · NACE

Detailhandel in groenten en fruit

Markt- en straathandel in voedings- en genotmiddelen

Ondersteunende activiteiten in verband met de teelt van gewassen

Goederenvervoer over de weg

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Diensten in verband met vervoer te land

Eetgelegenheden met beperkte bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

JOYCO

Warning lights

Financials

What happened to JOYCO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions