JEDO
ActiveSummary
JEDO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57k and a net result of €34k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency74▲+26
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 2.25 against 1.13 in 2023; short-term debt: 39.5% and cash: 10.7% of total assets), but 50.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
49.4%
Return on assets
29.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-02-2026, 202 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
202 d late
2023
90 d late
2022
144 d late
2021
31 d late
2020
149 d late
2019
152 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€57k▲ 148%
2023 · €23k
2018: €19klowest in 7 years
2019: €42k▲ +116% vs 2018
2020: €53k▲ +26.4% vs 2019
2021: €98k▲ +85.1% vs 2020highest in 7 years
2022: €53k▼ -45.6% vs 2021
2023: €23k▼ -57.2% vs 2022
2024: €57k▲ +148% vs 2023
2018 → 2024
Total assets
€114k▲ 15.9%
2023 · €99k
2018: €81klowest in 7 years
2019: €103k▲ +26.1% vs 2018
2020: €151k▲ +47.4% vs 2019
2021: €146k▼ -3.5% vs 2020
2022: €153k▲ +5.1% vs 2021highest in 7 years
2023: €99k▼ -35.6% vs 2022
2024: €114k▲ +15.9% vs 2023
2018 → 2024
Net result
€34k
2023 · €-30k
2018: €-8k
2019: €23k▲ +388% vs 2018
2020: €11k▼ -50.8% vs 2019
2021: €49k▲ +343% vs 2020highest in 7 years
2022: €-45k▼ -191% vs 2021lowest in 7 years
2023: €-30k▲ +31.9% vs 2022
2024: €34k▲ +211% vs 2023
2018 → 2024
Working capital
€56k▲ 476%
2023 · €10k
2018: €14k
2019: €40k▲ +177% vs 2018
2020: €45k▲ +13.5% vs 2019
2021: €86k▲ +92.3% vs 2020highest in 7 years
2022: €39k▼ -54.6% vs 2021
2023: €10k▼ -75.1% vs 2022lowest in 7 years
2024: €56k▲ +476% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€53k-€98k▲ 85.1%€53k▼ 45.6%€23k▼ 57.2%€57k▲ 148%
2020: €53k
2021: €98k▲ +85.1% vs 2020highest in 5 years
2022: €53k▼ -45.6% vs 2021
2023: €23k▼ -57.2% vs 2022lowest in 5 years
2024: €57k▲ +148% vs 2023
Operating result€15k-€62k▲ 325%€-43k€-29k▲ 34.4%€38k
2020: €15k
2021: €62k▲ +325% vs 2020highest in 5 years
2022: €-43k▼ -170% vs 2021lowest in 5 years
2023: €-29k▲ +34.4% vs 2022
2024: €38k▲ +232% vs 2023
Net result€11k-€49k▲ 343%€-45k€-30k▲ 31.9%€34k
2020: €11k
2021: €49k▲ +343% vs 2020highest in 5 years
2022: €-45k▼ -191% vs 2021lowest in 5 years
2023: €-30k▲ +31.9% vs 2022
2024: €34k▲ +211% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €38k after a loss of €29k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €114k
Fixed assets
€13k ▼ 3.7%
Current assets
€101k ▲ 19.0%
Equity and liabilities €114k
Equity
€57k ▲ 148%
Debt
€58k ▼ 23.8%
Debt's share of the balance-sheet total falls from 76.9% to 50.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▲
2023 · €-24k
Cash flow
€38k▲
2023 · €-26k
Current ratio
2.25▲
2023 · 1.13
Quick ratio
2.11▲
2023 · 0.92
Debt to equity
1.02▼
2023 · 3.32
ROE
59.6%▲
2023 · -133.5%
ROA
29.5%▲
2023 · -30.9%
Interest coverage
73.02▲
2023 · -14.72
Debt ≤ 1 year
€45k▼
2023 · €75k
Debt > 1 year
€13k
Income taxes
€4k▲
2023 · €296
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€99k€114k▲
Fixed assets21/28€14k€13k▼
Tangible fixed assets22/27€14k€13k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€6k€8k▲
Other tangible fixed assets26€2k€1k▼
Current assets29/58€85k€101k▲
Stocks and contracts in progress3€16k€6k▼
Stocks30/36€16k€6k▼
Amounts receivable within one year40/41€67k€81k▲
Trade receivables40€53k€77k▲
Other amounts receivable41€14k€4k▼
Cash at bank and in hand54/58€100€12k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€99k€114k▲
Equity10/15€23k€57k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€15k€48k▲
Amounts payable17/49€76k€58k▼
Amounts payable after more than one year17-€13k
Financial debts170/4-€13k
Amounts payable within one year42/48€75k€45k▼
Financial debts43€9k-
Credit institutions430/8€9k-
Trade debts44€16k€16k▼
Suppliers440/4€16k€16k▼
Taxes, remuneration and social security45€3k€644▼
Taxes450/3€2k€644▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€47k€28k▼
Accrued charges and deferred income492/3€424-
Income statement
Code20232024
Non-recurring operating income76A€12k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€893€2k▲
Gross operating margin9900€-24k€44k▲
Operating profit (loss)9901€-29k€38k▲
Financial income75/76B-€137
Recurring financial income75-€137
Financial charges65/66B€2k€582▼
Recurring financial charges65€2k€582▼
Profit (loss) for the period before taxes9903€-30k€37k▲
Income taxes67/77€296€4k▲
Profit (loss) for the period9904€-30k€34k▲
Profit (loss) for the period to be appropriated9905€-30k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€48k▲
Profit (loss) brought forward from the previous period14P€45k€15k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8k | €12k | €2k | ▼ 82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | €4k | €4k | €5k | ▲ 16.9% |
| Other operating charges640/8 | - | €2k | €1k | €893 | €2k | ▲ 113% |
| Non-recurring operating charges66A | - | €4k | - | - | - | - |
| Gross operating margin9900 | €22k | €72k | €-38k | €-24k | €44k | ▲ 289% |
| Operating profit (loss)9901 | €15k | €62k | €-43k | €-29k | €38k | ▲ 232% |
| Financial income75/76B | - | €998 | - | - | €137 | - |
| Recurring financial income75 | €215 | €541 | - | - | €137 | - |
| Non-recurring financial income76B | - | €457 | - | - | - | - |
| Financial charges65/66B | - | €3k | €1k | €2k | €582 | ▼ 64.9% |
| Recurring financial charges65 | €539 | €3k | €1k | €2k | €582 | ▼ 64.9% |
| Profit (loss) for the period before taxes9903 | €15k | €60k | €-44k | €-30k | €37k | ▲ 223% |
| Income taxes67/77 | €4k | €11k | €276 | €296 | €4k | ▲ 1,108% |
| Profit (loss) for the period9904 | €11k | €49k | €-45k | €-30k | €34k | ▲ 211% |
| Profit (loss) for the period to be appropriated9905 | €11k | €49k | €-45k | €-30k | €34k | ▲ 211% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €151k | €146k | €153k | €99k | €114k | ▲ 15.9% |
| Fixed assets21/28 | €8k | €13k | €16k | €14k | €13k | ▼ 3.7% |
| Tangible fixed assets22/27 | €8k | €13k | €16k | €14k | €13k | ▼ 3.7% |
| Plant, machinery and equipment23 | - | €8k | €8k | €6k | €4k | ▼ 40.5% |
| Furniture and vehicles24 | - | €3k | €6k | €6k | €8k | ▲ 37.1% |
| Other tangible fixed assets26 | - | €3k | €2k | €2k | €1k | ▼ 14.4% |
| Current assets29/58 | €143k | €133k | €137k | €85k | €101k | ▲ 19.0% |
| Stocks and contracts in progress3 | €4k | €5k | €15k | €16k | €6k | ▼ 61.7% |
| Stocks30/36 | - | €5k | €15k | €16k | €6k | ▼ 61.7% |
| Amounts receivable within one year40/41 | €129k | €126k | €121k | €67k | €81k | ▲ 19.8% |
| Trade receivables40 | - | €113k | €105k | €53k | €77k | ▲ 44.0% |
| Other amounts receivable41 | - | €14k | €16k | €14k | €4k | ▼ 71.2% |
| Cash at bank and in hand54/58 | €8k | - | - | €100 | €12k | ▲ 12,092% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €2k | €2k | ▲ 33.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €151k | €146k | €153k | €99k | €114k | ▲ 15.9% |
| Equity10/15 | €53k | €98k | €53k | €23k | €57k | ▲ 148% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €45k | €90k | €45k | €15k | €48k | ▲ 228% |
| Amounts payable17/49 | €98k | €48k | €100k | €76k | €58k | ▼ 23.8% |
| Amounts payable after more than one year17 | - | - | - | - | €13k | - |
| Financial debts170/4 | - | - | - | - | €13k | - |
| Amounts payable within one year42/48 | €98k | €46k | €98k | €75k | €45k | ▼ 40.2% |
| Financial debts43 | - | €12k | €8k | €9k | - | - |
| Credit institutions430/8 | - | €12k | €8k | €9k | - | - |
| Trade debts44 | €82k | €20k | €62k | €16k | €16k | ▼ 2.5% |
| Suppliers440/4 | - | €20k | €62k | €16k | €16k | ▼ 2.5% |
| Taxes, remuneration and social security45 | - | €6k | €4k | €3k | €644 | ▼ 77.6% |
| Taxes450/3 | - | €5k | €2k | €2k | €644 | ▼ 63.1% |
| Remuneration and social security454/9 | - | €2k | €2k | €1k | - | - |
| Other amounts payable47/48 | - | €8k | €23k | €47k | €28k | ▼ 39.4% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €424 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €49k | €-45k | €-30k | €34k | ▲ 211% |
| + Depreciation and write-downs630 | €4k | €3k | €4k | €4k | €5k | ▲ 16.9% |
| Operating cash flow (approximation) | €15k | €52k | €-40k | €-26k | €38k | ▲ 246% |
| Investment in fixed assets (approximation) | - | €-8k | €-7k | €-1k | €-4k | ▼ 192% |
| Change in cash | - | - | - | - | €12k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 202 days late
2024
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 144 days late
2022
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €49k ▲343%
Operating result €62k, net result €49k, both a record.
27-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 149 days late
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 182 days late
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Liedekerke · 1 establishment unit since 2009
Ground area
762 m²
Building footprint
119 m²
Volume, LiDAR
647 m³
Parcel 23044A0991/00M000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JEDO
since 20092.178.482.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0991/00M000 | Flanders | 762 m² | 1 · 119 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,650 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.