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JELINCO

Active
Public limited companyfounded 1996active for 30 yearsLazarijstraat 156, 3500 Hasselt, Belgium33 active companies are registered at this addressKBO/BCE: BE 0457.919.776
Summary

JELINCO has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €1.5m. Equity is shrinking by about 5.2% per year across the filed financial years. Its solvency ranks better than 67% of 2,048 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Raising of horses and other equines
NACE 01430Business and other management consultancy NACE 70200
5th largest company by total assets in Hasselt, Agriculture, forestry and fishing sector1 site
Size
€3.9mtotal assets 2025
Staff
2.8 FTE
Equity
€2.3m
Profit
€1.5m
Turnover not published (abbreviated format)
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts on time2 of 9 deeds read
Why 99raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 82.69, cash €2.2mSize: 2.8 FTE, total assets €3.9mFigures for financial year 2025 (filed 30-07-2026)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 89% of its sector peers (NACE 01, micro)
Financial strength · tick = 2023
Strong
Solvency 84+32
equity 58.6% of total assets
Liquidity 100+21
short-term debt 1.2% · cash 58.0%
Profitability 100+82
return on assets 39.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,684 companies, NACE 01, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 1.5%▲ +1.1 percentage points vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026highest value 04-2026: 1.4%▼ -0.1 percentage points vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: < 0.1%▼ -1.4 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity ample (current ratio 82.69, compared with 10.0 in 2023, above the usual 1.5; short-term debt: 1.2% and cash: 58% of total assets), and 41.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, micro): better than 71% on solvency, 98% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 82.69, cash €2.2m
NBB · annual accounts
lowers risk · Size: 2.8 FTE, total assets €3.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
18192021222325
2018 to 2025 · latest year €2.3m
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 30-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2023
30 days late
2022
30 days late
2021
31 days late
2020
30 days late
2019
98 days late
2018
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days after the deadline; the sector median (NACE 01) for financial year 2023 is 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €1.5m
  3. Liquidity more than 8 timescurrent ratio 82.69

Key points

  • Positive: Among the best 5% on net resultsector median €51,729 · 2,046 companies €1.5m View
  • Active since 1996founded 26-04-1996 30 years View
  • Total assets 20256 financial years filed €3.9m View

By topic

Financials

Financial year
2025
Total assets
€3.9m
Profit
€1.5m
Solvency
58.6%
Total assets▲ 35.8%
Net result
20182025
Go to Financials

Timeline

Events
35
Since
1997
  1. 30-12-2025Equity above €2m
  2. 04-12-2025Registered office
  3. 22-01-2025Amendment of the articles · Resignations &…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Raising of horses and other equinesNACE 01430
Founded
26-04-1996
Year ends
30-12
Peppol
Reachable for e-invoices
Go to Company details

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