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JEDEC

Active
Limited partnershipfounded 200422 yrs activeUitweg 11, 8700 Tielt, BelgiumKBO/BCE: BE 0864.163.991
Summary

For JEDEC, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €3.2m and a net result of €449,188. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 1665 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability82▲+1
Solvency100▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
75.1%
Return on assets
10.6%
Age of the figures
44 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-01-2024, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-01-2024 close31-08-2024 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2023 was due by 31-08-2023 and was filed on 27-07-2023, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
not confirmed
2025
not filed
2024
not filed
2023
35 d early
2022
27 d early
2021
on the day
2020
52 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

JEDEC was incorporated on 19 March 2004.1 Total assets rose from EUR 3.2 million in 2019 to EUR 4.2 million in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2023, abbreviated schema

Equity
€3.2m▲ 16.5%
2022 · €2.7m
Total assets
€4.2m▲ 7.6%
2022 · €3.9m
Net result
€449,188▲ 20.6%
2022 · €372,361
Working capital
€2.0m▲ 24.4%
2022 · €1.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€568,575-€633,840▲ 11.5%€331,109▼ 47.8%€521,887▲ 57.6%€596,770▲ 14.3%
Net result€373,946-€421,743above the sector's middle half▲ 12.8%€248,347above the sector's middle half▼ 41.1%€372,361above the sector's middle half▲ 49.9%€449,188above the sector's middle half▲ 20.6%
Equity€1.7m-€2.1mabove the sector's middle half▲ 25.8%€2.4mabove the sector's middle half▲ 11.8%€2.7mabove the sector's middle half▲ 15.8%€3.2mabove the sector's middle half▲ 16.5%
Total assets€3.2m-€3.6mabove the sector's middle half▲ 12.1%€3.6mabove the sector's middle half▲ 1.2%€3.9mabove the sector's middle half▲ 9.1%€4.2mabove the sector's middle half▲ 7.6%
Debt€1.4m-€1.4m▼ 2.3%€1.2m▼ 14.5%€1.2m▼ 3.1%€1.0m▼ 12.7%
Working capital€932,699-€1.3mabove the sector's middle half▲ 37.6%€1.5mabove the sector's middle half▲ 18.0%€1.6mabove the sector's middle half▲ 7.6%€2.0mabove the sector's middle half▲ 24.4%
Solvency52.7%-59.1%above the sector's middle half▲ 6.5pp65.3%above the sector's middle half▲ 6.2pp69.3%above the sector's middle half▲ 4.0pp75.1%above the sector's middle half▲ 5.7pp
Current ratio2.45-2.57above the sector's middle half▲ 0.122.89above the sector's middle half▲ 0.322.95above the sector's middle half▲ 0.063.52above the sector's middle half▲ 0.57
Return on assets (ROA)11.8%-11.9%above the sector's middle half▲ 0.1pp6.9%within the sector's middle half▼ 5.0pp9.5%above the sector's middle half▲ 2.6pp10.6%within the sector's middle half▲ 1.1pp
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2019: €568,575€568,575Net result 2019: €373,946€373,946Operating result 2020: €633,840€633,840Net result 2020: €421,743€421,743Operating result 2021: €331,109€331,109Net result 2021: €248,347€248,347Operating result 2022: €521,887€521,887Net result 2022: €372,361€372,361Operating result 2023: €596,770€596,770Net result 2023: €449,188€449,18820192020202120222023€0€200,000€400,000€600,000Operating result 2021: €331,109€331,000Net result 2021: €248,347€248,000Operating result 2022: €521,887€522,000Net result 2022: €372,361€372,000Operating result 2023: €596,770€597,000Net result 2023: €449,188€449,000202120222023
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 14% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4.2m
Fixed assets €1.4m ▼ 4.4%
Current assets €2.8m ▲ 14.7%
Equity and liabilities €4.2m
Equity €3.2m ▲ 16.5%
Provisions €40,126 ▼ 6.8%
Debt €1.0m ▼ 12.7%
Debt's share of the balance-sheet total falls from 29.6% to 24.0%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€667,048▲
2022 · €622,213
Cash flow
€519,465▲
2022 · €472,688
Quick ratio
3.10▲
2022 · 2.55
Debt to equity
0.32▼
2022 · 0.43
ROE
14.2%▲
2022 · 13.7%
Interest coverage
56.83▲
2022 · 49.54
Debt ≤ 1 year
€802,402▼
2022 · €835,590
Debt > 1 year
€208,796▼
2022 · €324,584
Income taxes
€180,934▼
2022 · €181,509
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 55 lines
Balance sheet Code20222023
Assets
Total assets20/58€3.9m€4.2m▲
Fixed assets21/28€1.5m€1.4m▼
Intangible fixed assets21€9,875-
Tangible fixed assets22/27€1.5m€1.4m▼
Land and buildings22€1.4m€1.4m▼
Plant, machinery and equipment23€22,562€17,473▼
Furniture and vehicles24€4,031€3,252▼
Current assets29/58€2.5m€2.8m▲
Stocks and contracts in progress3€334,673€340,025▲
Stocks30/36€334,673€340,025▲
Amounts receivable within one year40/41€1.9m€2.0m▲
Trade receivables40€750,719€372,255▼
Other amounts receivable41€1.2m€1.6m▲
Cash at bank and in hand54/58€196,865€484,481▲
Deferred charges and accrued income490/1€6,350€7,503▲
Equity and liabilities
Total equity and liabilities10/49€3.9m€4.2m▲
Equity10/15€2.7m€3.2m▲
Contributions10/11€263,941€263,941=
Reserves13€2.5m€2.9m▲
Non-distributable reserves130/1€26,394€26,394=
Reserves not available under the articles1311€26,394€26,394=
Tax-exempt reserves132€730,640€953,408▲
Distributable reserves133€1.7m€1.9m▲
Provisions and deferred taxes16€43,053€40,126▼
Deferred taxes168€43,053€40,126▼
Amounts payable17/49€1.2m€1.0m▼
Amounts payable after more than one year17€324,584€208,796▼
Financial debts170/4€324,584€208,796▼
Amounts payable within one year42/48€835,590€802,402▼
Current portion of amounts payable after more than one year42€158,852€108,431▼
Trade debts44€346,981€336,031▼
Suppliers440/4€346,981€336,031▼
Taxes, remuneration and social security45€155,009€129,764▼
Taxes450/3€155,009€126,817▼
Remuneration and social security454/9-€2,947
Other amounts payable47/48€174,748€228,175▲
Accrued charges and deferred income492/3€240€1,490▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100,327€70,278▼
Other operating charges640/8€66,088€8,669▼
Gross operating margin9900€688,301€675,717▼
Operating profit (loss)9901€521,887€596,770▲
Financial income75/76B€37,964€42,161▲
Recurring financial income75€37,964€42,161▲
Financial charges65/66B€12,561€11,737▼
Recurring financial charges65€12,561€11,737▼
Profit (loss) for the period before taxes9903€547,290€627,194▲
Transfer from deferred taxes780€6,580€2,927▼
Income taxes67/77€181,509€180,934▼
Profit (loss) for the period9904€372,361€449,188▲
Transfer from tax-exempt reserves789€128,240€8,782▼
Transfer to tax-exempt reserves689€126,300€231,550▲
Profit (loss) for the period to be appropriated9905€374,301€226,419▼
Appropriation of the result
Profit (loss) to be appropriated9906€374,301€226,419▼
Transfer to equity691/2€374,301€226,419▼
To other reserves6921€374,301€226,419▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€224,804€146,271€120,697€100,327€70,278▼ 30.0%
Other operating charges640/8---€66,088€8,669▼ 86.9%
Gross operating margin9900€813,041€787,514€532,120€688,301€675,717▼ 1.8%
Operating profit (loss)9901€568,575€633,840€331,109€521,887€596,770▲ 14.3%
Financial income75/76B---€37,964€42,161▲ 11.1%
Recurring financial income75€1,359€12,090€32,677€37,964€42,161▲ 11.1%
Financial charges65/66B---€12,561€11,737▼ 6.6%
Recurring financial charges65€10,900€13,036€10,228€12,561€11,737▼ 6.6%
Profit (loss) for the period before taxes9903€559,034€632,894€353,559€547,290€627,194▲ 14.6%
Transfer from deferred taxes780---€6,580€2,927▼ 55.5%
Income taxes67/77€190,184€215,853€108,044€181,509€180,934▼ 0.3%
Profit (loss) for the period9904€373,946€421,743€248,347€372,361€449,188▲ 20.6%
Transfer from tax-exempt reserves789---€128,240€8,782▼ 93.2%
Transfer to tax-exempt reserves689---€126,300€231,550▲ 83.3%
Profit (loss) for the period to be appropriated9905€243,678€319,456€133,545€374,301€226,419▼ 39.5%
Line20192020202120222023Change
Assets
Total assets20/58€3.2m€3.6m€3.6m€3.9m€4.2m▲ 7.6%
Fixed assets21/28€1.6m€1.5m€1.3m€1.5m€1.4m▼ 4.4%
Intangible fixed assets21€39,501€29,626€19,751€9,875--
Tangible fixed assets22/27€1.6m€1.4m€1.3m€1.5m€1.4m▼ 3.8%
Land and buildings22---€1.4m€1.4m▼ 3.5%
Plant, machinery and equipment23---€22,562€17,473▼ 22.6%
Furniture and vehicles24---€4,031€3,252▼ 19.3%
Current assets29/58€1.6m€2.1m€2.3m€2.5m€2.8m▲ 14.7%
Stocks and contracts in progress3€139,095€256,576€453,508€334,673€340,025▲ 1.6%
Stocks30/36---€334,673€340,025▲ 1.6%
Amounts receivable within one year40/41€49,790€1.7m€1.8m€1.9m€2.0m▲ 3.6%
Trade receivables40---€750,719€372,255▼ 50.4%
Other amounts receivable41---€1.2m€1.6m▲ 38.1%
Cash at bank and in hand54/58€1.4m€155,274€83,330€196,865€484,481▲ 146%
Deferred charges and accrued income490/1---€6,350€7,503▲ 18.2%
Equity and liabilities
Total equity and liabilities10/49€3.2m€3.6m€3.6m€3.9m€4.2m▲ 7.6%
Equity10/15€1.7m€2.1m€2.4m€2.7m€3.2m▲ 16.5%
Contributions10/11€263,941--€263,941€263,941=
Reserves13€1.4m€1.8m€2.1m€2.5m€2.9m▲ 18.3%
Non-distributable reserves130/1---€26,394€26,394=
Reserves not available under the articles1311---€26,394€26,394=
Tax-exempt reserves132---€730,640€953,408▲ 30.5%
Distributable reserves133---€1.7m€1.9m▲ 13.3%
Provisions and deferred taxes16€66,779€52,466€49,633€43,053€40,126▼ 6.8%
Deferred taxes168---€43,053€40,126▼ 6.8%
Amounts payable17/49€1.4m€1.4m€1.2m€1.2m€1.0m▼ 12.7%
Amounts payable after more than one year17€791,155€581,423€393,580€324,584€208,796▼ 35.7%
Financial debts170/4---€324,584€208,796▼ 35.7%
Amounts payable within one year42/48€641,916€818,101€802,260€835,590€802,402▼ 4.0%
Current portion of amounts payable after more than one year42---€158,852€108,431▼ 31.7%
Trade debts44€209,532€391,679€501,882€346,981€336,031▼ 3.2%
Suppliers440/4---€346,981€336,031▼ 3.2%
Taxes, remuneration and social security45---€155,009€129,764▼ 16.3%
Taxes450/3---€155,009€126,817▼ 18.2%
Remuneration and social security454/9----€2,947-
Other amounts payable47/48---€174,748€228,175▲ 30.6%
Accrued charges and deferred income492/3---€240€1,490▲ 521%
Line20192020202120222023Change
Profit (loss) for the period9904€373,946€421,743€248,347€372,361€449,188▲ 20.6%
+ Depreciation and write-downs630€224,804€146,271€120,697€100,327€70,278▼ 30.0%
Operating cash flow (approximation)€598,750€568,014€369,044€472,688€519,465▲ 9.9%
Investment in fixed assets (approximation)--€3,124€53,053-€281,106-€5,364▲ 98.1%
Change in cash--€1.2m-€71,944€113,535€287,617▲ 153%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
27-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-01
Financial Highest result since 2019net €449,188 ▲20.6%
Net result €449,188, the highest in the series.
2022
04-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-01
Financial Weakest financial yearnet €248,347 ▼41.1%
Net result drops to €248,347, the lowest in the series; recovery starts the following year.
2020
10-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-01
Financial Equity above €2mEq €2.1m ▲25.8%
2 profitable years in a row build equity to €2.1m.
2019
11-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2015
28-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
26-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
27-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt · 2 establishment units since 2004
seat establishment All 2 establishment units on the map
Ground area
4,180 m²
Building footprint
272 m²
Volume, LiDAR
890 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
2 establishment units
JEDEC BVBA
Uitweg 11, 8700 TieltNACE 01241
since 20042.136.543.378
JEDEC BVBA
Burgstraat 21, 9960 AssenedeCrop and animal production, hunting and related service activities
since 20182.278.746.467
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43002D0118/00K000 Flanders 3,025 m² 1 · 98 m² -
37013B0399/00H000 Flanders 1,155 m² 1 · 174 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Assenede2.278.746.467
1 permission
Toelating · Boerderij - opfok vermeerderingspluimvee · since 13-11-2018

Similar companies · same sector, comparable size

Of 607 companies in sector 01471 we hold annual accounts for 216. 142 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded19-03-2004
Fiscal year end31-01
Activities, NACEBEL 2025
01471Crop and animal production, hunting and related service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0864163991
Also 9925:BE0864163991
Registered 15-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.