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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JOSEPH & SONS from Gent, company number BE0888145262, closed financial year 2025 with a result of € -27,506 after tax. For that financial year JOSEPH & SONS recorded a gross margin of € -18,858 and equity of € -68,495. Compared with financial year 2024, the result moved from € -19,127 to € -27,506. The company made a loss. 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 March 19, 2026.
€ -68,495
▼ € 27,506 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27,506
▼ 44 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,071
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -87,095.
People and assets in 2025
€ 668
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,885
▲ 25% vs 2024
Loans from banks and other lenders, long and short.
€ 5,393
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,846
▼ 20% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,157 | € 93,546 | € 53,240 | € -18,858 | ▼ € 72,098 |
| Profit after taxes | € -19,776 | € -34,323 | € -19,127 | € -27,506 | ▼ € 8,379 |
| Equity | € 12,462 | € -21,861 | € -40,989 | € -68,495 | ▼ € 27,506 |
| Total debts | € 58,162 | € 70,251 | € 71,963 | € 86,388 | ▲ 20% |
| Cash | € 37,536 | € 20,062 | € 12,111 | € 1,071 | ▼ 91% |
| Retained profit | € -6,138 | € -40,461 | € -59,589 | € -87,095 | ▼ € 27,506 |
| Bank debt | € 454 | € 9,934 | € 9,494 | € 11,885 | ▲ 25% |
| Balance sheet total | € 70,624 | € 48,389 | € 30,974 | € 17,893 | ▼ 42% |
Key figures of JOSEPH & SONS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to JOSEPH & SONS?
What happened at JOSEPH & SONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 27,506. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Simon Turner became a director. NBB
- Christopher Joseph became a director. NBB
In short
From € 19,777 loss in 2022 to € 27,506 loss in 2025.
Paid € 561 in corporate taxes since 2022.
Management
Behind JOSEPH & SONS are Simon Turner and Christopher Joseph.
Directors
According to the 2025 annual accounts
Simon Turner
Director
since 2007
Christopher Joseph
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Sluizeken 8
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.145.262
- VAT number
- BE 0888.145.262
- Registered office
- Sluizeken 8, 9000 Gent
- Names & denominations
- JOSEPH & SONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2007
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant