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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JOY TEXTILES from Zelzate, company number BE0894981287, closed financial year 2025 with a result of € 23,153 after tax. For that financial year JOY TEXTILES recorded a gross margin of € 35,641 and equity of € -33,624. Compared with financial year 2024, the result moved from € 7,723 to € 23,153. 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 October 30, 2025.
€ -33,624
▲ € 23,153 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,153
▲ 200% vs 2024
Profit after tax over the fiscal year.
€ 933
▲ € 897 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 € -63,624.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 297
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 52,092
▼ 30% vs 2024
Loans from banks and other lenders, long and short.
€ 17,294
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,820
▼ 12% 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 | € 45,347 | € 51,808 | € 29,281 | € 35,641 | ▲ 22% |
| Profit after taxes | € 36,034 | € 36,257 | € 7,723 | € 23,153 | ▲ 200% |
| Equity | € -100,756 | € -64,499 | € -56,776 | € -33,624 | ▲ € 23,153 |
| Total debts | € 161,215 | € 122,032 | € 106,961 | € 86,132 | ▼ 19% |
| Cash | € 58 | € 15 | € 36 | € 933 | ▲ € 897 |
| Retained profit | € -130,756 | € -94,499 | € -86,776 | € -63,624 | ▲ € 23,153 |
| Bank debt | € 29,486 | € 88,929 | € 73,996 | € 52,092 | ▼ 30% |
| Balance sheet total | € 60,459 | € 57,533 | € 50,185 | € 52,509 | ▲ 5% |
Key figures of JOY TEXTILES, 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 JOY TEXTILES?
What happened at JOY TEXTILES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,153 (▲ 200% vs 2024). Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
- CAROLINE VAN LAERE became a director. NBB
In short
From € 36,034 profit in 2022 to € 23,153 profit in 2025.
Paid € 688 in corporate taxes since 2022.
Best year ever: 2023, with € 36,257 profit.
Management
Behind JOY TEXTILES is CAROLINE VAN LAERE.
Directors
According to the 2025 annual accounts
CAROLINE VAN LAERE
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Hooistraat 2
9060 Zelzate
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.
Details
- Company number
- 0894.981.287
- VAT number
- BE 0894.981.287
- Registered office
- Hooistraat 2, 9060 Zelzate
- Names & denominations
- JOY TEXTILES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2008
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
Groothandel in weefsels, stoffen en fournituren
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in damesbovenkleding
Groothandel in kledingaccessoires
Groothandel in huishoudtextiel en beddengoed
Groothandel in overig textiel