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Jedeco

Active
Private limited companyfounded 20197 yrs activeHuilaertstraat 10, 8610 Kortemark, BelgiumKBO/BCE: BE 0729.743.470

Jedeco has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.45M and a net result of €596k. Equity is growing by ~150.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 4625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
51 / 100
Fair= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency16▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.04 in 2023), and 79.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
20.8%
Return on assets
5.1%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
61 d late
2022
58 d late
2021
60 d late
2020
17 d late
2019
56 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, full schema

Turnover
€144k
EBIT margin
29.7%
Net result
€596k▼ 75.0%
2023 · €2.38M
2019: €16k 2020: €37k 2021: €61k 2022: €105k 2023: €2.38M
2019 → 2024
Working capital
€-3.40M▲ 1.5%
2023 · €-3.45M
2019: €27k 2020: €55k 2021: €117k 2022: €-4.53M 2023: €-3.45M
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€144k
Equity€60k-€120k▲ 99.5%€125k▲ 4.1%€1.85M▲ 1,385%€2.45M▲ 32.1%
Operating result€47k-€77k▲ 66.3%€136k▲ 75.5%€101k▼ 25.9%€43k▼ 57.5%
Net result€37k-€61k▲ 67.6%€105k▲ 70.8%€2.38M▲ 2,167%€596k▼ 75.0%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00MOperating result 2020: €47k€47kNet result 2020: €37k€37kOperating result 2021: €77k€77kNet result 2021: €61k€61kOperating result 2022: €136k€136kNet result 2022: €105k€105kOperating result 2023: €101k€101kNet result 2023: €2.38M€2.38MOperating result 2024: €43k€43kNet result 2024: €596k€596k20202021202220232024
The operating result has fallen two years in a row; 2024 is 57% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.76M
Fixed assets €11.66M▼ 0.1%
Current assets €95k▼ 34.6%
Equity and liabilities €11.76M
Equity €2.45M▲ 32.1%
Debt €9.31M▼ 6.6%
The debt ratio falls from 84.3% to 79.2%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€61k
2023 · €112k
Cash flow
€614k
2023 · €2.39M
Solvency
20.8%
2023 · 15.7%
Current ratio
0.03
2023 · 0.04
Quick ratio
0.03
2023 · 0.04
Debt / equity
3.80
2023 · 5.38
ROE
24.3%
2023 · 128.3%
ROA
5.1%
2023 · 20.1%
Interest coverage
4.55
2023 · 1702.41
Debt
€9.31M
2023 · €9.97M
Debt ≤ 1 year
€3.49M
2023 · €3.59M
Debt > 1 year
€5.80M
2023 · €6.38M
Income taxes
€9k
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€11.82M€11.76M
Fixed assets21/28€11.68M€11.66M
Tangible fixed assets22/27€79k€62k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€73k€57k
Other tangible fixed assets26€3k€2k
Financial fixed assets28€11.60M€11.60M=
Affiliated companies280/1-€11.60M
Participating interests280-€11.60M
Current assets29/58€145k€95k
Amounts receivable within one year40/41€15k€17k
Trade receivables40€15k€15k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€130k€78k
Equity and liabilities
Total equity and liabilities10/49€11.82M€11.76M
Equity10/15€1.85M€2.45M
Contributions10/11€10k€10k=
Reserves13€1.84M€2.44M
Distributable reserves133€1.84M€2.44M
Amounts payable17/49€9.97M€9.31M
Amounts payable after more than one year17€6.38M€5.80M
Financial debts170/4€6.38M€5.80M
Other loans174-€5.80M
Amounts payable within one year42/48€3.59M€3.49M
Current portion of amounts payable after more than one year42€575k€575k=
Trade debts44€2k€908
Suppliers440/4€2k€908
Taxes, remuneration and social security45€12k€8k
Taxes450/3€9k€8k
Remuneration and social security454/9€3k-
Other amounts payable47/48€3.01M€2.91M
Accrued charges and deferred income492/3€150€14k
Income statement Code20232024
Operating income70/76A-€147k
Turnover70-€144k
Other operating income74-€3k
Operating charges60/66A-€104k
Services and other goods61-€85k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€18k
Other operating charges640/8€2k€2k
Gross operating margin9900€114k-
Operating profit (loss)9901€101k€43k
Financial income75/76B€2.30M€575k
Recurring financial income75€2.30M€575k
Income from financial fixed assets750-€575k
Other financial income752/9-€3
Financial charges65/66B€66€13k
Recurring financial charges65€66€13k
Debt charges650-€13k
Other financial charges652/9-€74
Profit (loss) for the period before taxes9903€2.40M€604k
Income taxes67/77€21k€9k
Taxes670/3-€9k
Profit (loss) for the period9904€2.38M€596k
Profit (loss) for the period to be appropriated9905€2.38M€596k
Appropriation of the result
Profit (loss) to be appropriated9906€2.38M€596k
Transfer to equity691/2€1.73M€596k
To other reserves6921€1.73M€596k
Profit to be distributed694/7€650k-
Return on contributions (dividend)694€650k-

The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial Equity above €2MEq €2.45M ▲32.1%
6 profitable years in a row build equity to €2.45M.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial Highest result since 2019net €2.38M ▲2167%
Net result €2.38M, the highest in the series.
31-12
Financial Equity above €1MEq €1.85M ▲1385%
5 profitable years in a row build equity to €1.85M.
27-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
29-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
31-12
Financial Equity above €100kEq €120k ▲99.5%
3 profitable years in a row build equity to €120k.
17-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
25-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Kortemark · 1 establishment unit since 2019
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Huilaertstraat 108610 Kortemark
Ground area
2,097 m²
Building footprint
170 m²
Parcel 32011D0182/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Jedeco
Huilaertstraat 10, 8610 KortemarkHoldings
since 20192.291.475.441
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32011D0182/00F000 Flanders 2,097 m² 1 · 170 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 17,826 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-07-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.