Equity
JBCO has made a profit in every financial year since 2023.
JBCO has made a profit in every financial year since 2023.
The micro format states no turnover.
The 2025 accounts came latest: 28 days after the end of the period.
Subsidiary with negative equity. Nova Sport.
Higher solvency than 85% of companies in head offices and management consultancy. Sector median 55.5% · 39,360 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 93% on liquidity, 28% on profitability and 61% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as JBCO has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JBCO itself is lower: < 0.1% within 12 months. It rests on far more data about JBCO than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for JBCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 5.7 (7.9 in 2024), above the usual 1.5. Short-term debt is 12.9% and cash 59.7% of total assets. 12.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average on the deadline day. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 1 company, Nova Sport
Board & ownership| Company | ||||
|---|---|---|---|---|
| JBCO Antwerp | €74,055 | €8,381 | 87.1% | - |
| Watchtower Heist-op-den-Berg | €67,195 | €8,260 | 8.7% | - |
| DOMEIN VOORSCHOTEN Zandhoven | €78,328 | €10,245 | 4.9% | - |
| CVV Consultancy & design Antwerp | €80,160 | €7,956 | -0.7% | - |
| KeZa Beheer Turnhout | €72,065 | €10,527 | 62.7% | - |
| Molenschot Consulting & Automotive Mol | €60,348 | €9,733 | 48.8% | - |
| IDG Consulting Denderleeuw | €72,825 | €8,571 | 84.1% | - |
These companies have the same main activity as JBCO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €60,300 and €80,200, founded between 2022 and 2023.
JBCO files the micro format. That format states no turnover. The gross margin fell from €56,494 in 2023 to €8,381 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €39,000. Estimated: probably between €19,000 and €78,000.
Higher than 86% of 39,360 companies in 2025.
Higher than 81% of 38,044 companies in 2025.
Higher than 42% of 38,516 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
74,055 | 62,529 | 47,669 | |
21/28 |
19,639 | 18,079 | 8,980 | |
22/27 |
17,479 | 17,479 | 8,500 | |
24 |
17,479 | 17,479 | 8,500 | |
28 |
2,160 | 600 | 480 | |
29/58 |
54,417 | 44,450 | 38,689 | |
40/41 |
10,178 | 1,193 | 11,725 | |
40 |
10,178 | 960 | 10,740 | |
41 |
0 | 233 | 985 | |
54/58 |
44,239 | 43,257 | 26,592 | |
490/1 |
- | 0 | 371 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
74,055 | 62,529 | 47,669 | |
10/15 |
64,510 | 56,899 | 45,301 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
63,510 | 55,899 | 44,301 | |
133 |
63,510 | 55,899 | 44,301 | |
17/49 |
9,545 | 5,629 | 2,368 | |
42/48 |
9,545 | 5,629 | 2,368 | |
44 |
930 | 265 | 1,664 | |
440/4 |
930 | 265 | 1,664 | |
45 |
1,333 | - | - | |
450/3 |
1,333 | - | - | |
47/48 |
7,283 | 5,364 | 703 | |
| Income statement | ||||
9900 |
8,381 | 18,331 | 56,494 | |
640/8 |
120 | 118 | 109 | |
9901 |
8,261 | 18,213 | 56,385 | |
75/76B |
309 | 28 | 0 | |
75 |
309 | 28 | 0 | |
65/66B |
960 | 643 | 96 | |
65 |
960 | 643 | 96 | |
9903 |
7,611 | 17,598 | 56,290 | |
67/77 |
0 | 6,000 | 11,989 | |
9904 |
7,611 | 11,598 | 44,301 | |
9905 |
7,611 | 11,598 | 44,301 | |
| Appropriation of the result | ||||
9906 |
7,611 | 11,598 | 44,301 | |
691/2 |
7,611 | 11,598 | 44,301 | |
6921 |
7,611 | 11,598 | 44,301 | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00451976.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 1,560 | 8,979 | 8,980 | ||
| 981 | 16,665 | - | ||
| 44,871 | 38,821 | 36,321 | ||
| 87.1% | 91.0% | 95.0% | ||
| 5.70 | 7.90 | 16.34 | ||
| 0.15 | 0.10 | 0.05 | ||
| 11.8% | 20.4% | 97.8% | ||
| 10.3% | 18.5% | 92.9% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €8,979 | €8,500 |
| Financial fixed assets | €1,560 | - | €480 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 55% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 9.0% to 12.9%. Equity and debt are higher.
Source: list of holdings in its own 2023 accounts. Every holding stands with its own latest accounts.
| Zizov, Nicole (sole trader)
establishment since 01-03-2026 |
founded in 2026 0793.641.132 |
| DAHAB CO
registered office since 23-06-2025 |
founded in 2025 1024.602.288 |
| OSS GEMS
registered office since 16-02-2024 |
founded in 2024 1006.101.321 |
| Agrawal, Om (sole trader)
establishment since 20-02-2018 |
founded in 2018 0690.788.369 |
| R. Yasui Diamond Service
registered office since 21-12-1973 |
founded in 1973 0413.921.269 |
| Vereniging van Mede-eigenaars te Antwerpen, Maria -Theresialei 6
registered office since 01-10-1961 |
founded in 1995 0811.129.341 |
The network starts from the directors of JBCO. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 27 April 2023, JBCO was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 In 2023 the registered office moved to te.3 JORDENS Bart is director of the company, appointed by deed of 02-05-2023.2 Total assets went from €47,669 in 2023 to €74,055 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Maria-Theresialei 6 registered office 2018 Antwerp | 27-04-2023 | 2.344.533.055 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11808H1207/00B006 | 525 m² | 1 · 401 m² | 42.2 m · 13 |
If something looks wrong or is missing, please tell us.