Jelkor
ActiveSummary
Jelkor has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €162k and a net result of €-3k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability34▼-49
Solvency59▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 2.33 in 2023; short-term debt: 18% and cash: 6% of total assets), but 66.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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
33.7%
Return on assets
-0.6%
Age of the figures
21 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 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
31 d late
2022
5 d early
2021
16 d early
2020
33 d early
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€162k▼ 1.9%
2023 · €165k
2018: €17k
2019: €-8k▼ -148% vs 2018lowest in 7 years
2020: €64k▲ +881% vs 2019
2021: €102k▲ +60.1% vs 2020
2022: €131k▲ +28.9% vs 2021
2023: €165k▲ +25.8% vs 2022highest in 7 years
2024: €162k▼ -1.9% vs 2023
2018 → 2024
Total assets
€481k▲ 57.2%
2023 · €306k
2018: €47k
2019: €22k▼ -52.2% vs 2018lowest in 7 years
2020: €89k▲ +297% vs 2019
2021: €154k▲ +73.8% vs 2020
2022: €176k▲ +14.0% vs 2021
2023: €306k▲ +74.1% vs 2022
2024: €481k▲ +57.2% vs 2023highest in 7 years
2018 → 2024
Net result
€-3k
2023 · €34k
2018: €-2k
2019: €-25k▼ -1078% vs 2018lowest in 7 years
2020: €72k▲ +385% vs 2019highest in 7 years
2021: €38k▼ -46.7% vs 2020
2022: €29k▼ -23.0% vs 2021
2023: €34k▲ +15.1% vs 2022
2024: €-3k▼ -109% vs 2023
2018 → 2024
Working capital
€84k▲ 9.2%
2023 · €77k
2018: €17k
2019: €-8k▼ -148% vs 2018lowest in 7 years
2020: €38k▲ +573% vs 2019
2021: €81k▲ +111% vs 2020
2022: €120k▲ +48.0% vs 2021highest in 7 years
2023: €77k▼ -36.2% vs 2022
2024: €84k▲ +9.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€64k-€102k▲ 60.1%€131k▲ 28.9%€165k▲ 25.8%€162k▼ 1.9%
2020: €64klowest in 5 years
2021: €102k▲ +60.1% vs 2020
2022: €131k▲ +28.9% vs 2021
2023: €165k▲ +25.8% vs 2022highest in 5 years
2024: €162k▼ -1.9% vs 2023
Operating result€91k-€59k▼ 35.0%€46k▼ 22.0%€54k▲ 16.6%€5k▼ 89.9%
2020: €91khighest in 5 years
2021: €59k▼ -35.0% vs 2020
2022: €46k▼ -22.0% vs 2021
2023: €54k▲ +16.6% vs 2022
2024: €5k▼ -89.9% vs 2023lowest in 5 years
Net result€72k-€38k▼ 46.7%€29k▼ 23.0%€34k▲ 15.1%€-3k
2020: €72khighest in 5 years
2021: €38k▼ -46.7% vs 2020
2022: €29k▼ -23.0% vs 2021
2023: €34k▲ +15.1% vs 2022
2024: €-3k▼ -109% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 90% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €481k
Fixed assets
€310k ▲ 81.5%
Current assets
€170k ▲ 26.4%
Equity and liabilities €481k
Equity
€162k ▼ 1.9%
Debt
€319k ▲ 126%
Debt's share of the balance-sheet total rises from 46.1% to 66.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€15k▼
2023 · €70k
Cash flow
€6k▼
2023 · €51k
Current ratio
1.97▼
2023 · 2.33
Quick ratio
1.95▼
2023 · 2.30
Debt to equity
1.97▲
2023 · 0.85
ROE
-1.9%▼
2023 · 20.5%
ROA
-0.6%▼
2023 · 11.1%
Interest coverage
1.93▼
2023 · 20.82
Debt ≤ 1 year
€86k▲
2023 · €58k
Debt > 1 year
€232k▲
2023 · €83k
Income taxes
€1k▼
2023 · €18k
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 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€306k€481k▲
Fixed assets21/28€171k€310k▲
Tangible fixed assets22/27€169k€308k▲
Land and buildings22€161k€302k▲
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€135k€170k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€78k€135k▲
Trade receivables40€54k€53k▼
Other amounts receivable41€25k€82k▲
Cash at bank and in hand54/58€50k€29k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€306k€481k▲
Equity10/15€165k€162k▼
Contributions10/11€6k€6k=
Reserves13€158k€158k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€0▼
Other1319-€2k
Distributable reserves133€156k€156k=
Profit (loss) carried forward14€716€-2k▼
Amounts payable17/49€141k€319k▲
Amounts payable after more than one year17€83k€232k▲
Financial debts170/4€83k€232k▲
Amounts payable within one year42/48€58k€86k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44€52k€35k▼
Suppliers440/4€52k€35k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€4k€31k▲
Accrued charges and deferred income492/3-€31
Income statement
Code20232024
Non-recurring operating income76A€7k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€9k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€72k€17k▼
Operating profit (loss)9901€54k€5k▼
Financial income75/76B€1k€455▼
Recurring financial income75€1k€455▼
Financial charges65/66B€3k€8k▲
Recurring financial charges65€3k€8k▲
Profit (loss) for the period before taxes9903€51k€-2k▼
Income taxes67/77€18k€1k▼
Profit (loss) for the period9904€34k€-3k▼
Profit (loss) for the period to be appropriated9905€34k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-2k▼
Profit (loss) brought forward from the previous period14P€705€716▲
Transfer to equity691/2€34k€0▼
To other reserves6921€34k€0▼
The notes to these accounts (14 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 | - | €0 | - | €7k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €11k | €12k | €17k | €9k | ▼ 44.5% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €2k | ▲ 6.4% |
| Gross operating margin9900 | €101k | €72k | €60k | €72k | €17k | ▼ 76.7% |
| Operating profit (loss)9901 | €91k | €59k | €46k | €54k | €5k | ▼ 89.9% |
| Financial income75/76B | - | €80 | €292 | €1k | €455 | ▼ 64.3% |
| Recurring financial income75 | €181 | €80 | €292 | €1k | €455 | ▼ 64.3% |
| Financial charges65/66B | - | €115 | €84 | €3k | €8k | ▲ 126% |
| Recurring financial charges65 | €649 | €115 | €84 | €3k | €8k | ▲ 126% |
| Profit (loss) for the period before taxes9903 | €90k | €59k | €46k | €51k | €-2k | ▼ 104% |
| Income taxes67/77 | €19k | €21k | €17k | €18k | €1k | ▼ 92.7% |
| Profit (loss) for the period9904 | €72k | €38k | €29k | €34k | €-3k | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | €72k | €38k | €29k | €34k | €-3k | ▼ 109% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89k | €154k | €176k | €306k | €481k | ▲ 57.2% |
| Fixed assets21/28 | €25k | €20k | €11k | €171k | €310k | ▲ 81.5% |
| Tangible fixed assets22/27 | €25k | €20k | €11k | €169k | €308k | ▲ 82.7% |
| Land and buildings22 | - | - | - | €161k | €302k | ▲ 88.3% |
| Plant, machinery and equipment23 | - | - | - | €1k | €1k | ▼ 20.0% |
| Furniture and vehicles24 | - | €15k | €6k | €3k | €2k | ▼ 45.0% |
| Other tangible fixed assets26 | - | €5k | €4k | €4k | €3k | ▼ 21.2% |
| Financial fixed assets28 | - | - | - | €3k | €3k | = |
| Current assets29/58 | €64k | €134k | €165k | €135k | €170k | ▲ 26.4% |
| Stocks and contracts in progress3 | €2k | €1k | €2k | €2k | €2k | ▲ 5.8% |
| Stocks30/36 | - | €1k | €2k | €2k | €2k | ▲ 5.8% |
| Amounts receivable within one year40/41 | €5k | €47k | €85k | €78k | €135k | ▲ 72.2% |
| Trade receivables40 | - | €46k | €83k | €54k | €53k | ▼ 1.4% |
| Other amounts receivable41 | - | €1k | €2k | €25k | €82k | ▲ 233% |
| Cash at bank and in hand54/58 | €56k | €84k | €77k | €50k | €29k | ▼ 42.5% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €4k | €5k | ▲ 0.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89k | €154k | €176k | €306k | €481k | ▲ 57.2% |
| Equity10/15 | €64k | €102k | €131k | €165k | €162k | ▼ 1.9% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €57k | €95k | €124k | €158k | €158k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Other1319 | - | - | - | - | €2k | - |
| Distributable reserves133 | - | €93k | €122k | €156k | €156k | = |
| Profit (loss) carried forward14 | €465 | €624 | €705 | €716 | €-2k | ▼ 433% |
| Amounts payable17/49 | €25k | €52k | €45k | €141k | €319k | ▲ 126% |
| Amounts payable after more than one year17 | - | - | - | €83k | €232k | ▲ 180% |
| Financial debts170/4 | - | - | - | €83k | €232k | ▲ 180% |
| Amounts payable within one year42/48 | €25k | €52k | €45k | €58k | €86k | ▲ 49.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €18k | - |
| Trade debts44 | €3k | €13k | €16k | €52k | €35k | ▼ 32.9% |
| Suppliers440/4 | - | €13k | €16k | €52k | €35k | ▼ 32.9% |
| Advances received on contracts in progress46 | - | - | €14k | €0 | - | - |
| Taxes, remuneration and social security45 | - | €33k | €7k | €2k | €3k | ▲ 46.0% |
| Taxes450/3 | - | €33k | €7k | €2k | €3k | ▲ 46.0% |
| Other amounts payable47/48 | - | €6k | €7k | €4k | €31k | ▲ 773% |
| Accrued charges and deferred income492/3 | - | - | - | - | €31 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72k | €38k | €29k | €34k | €-3k | ▼ 109% |
| + Depreciation and write-downs630 | €8k | €11k | €12k | €17k | €9k | ▼ 44.5% |
| Operating cash flow (approximation) | €79k | €49k | €42k | €51k | €6k | ▼ 87.6% |
| Investment in fixed assets (approximation) | - | €-6k | €-2k | €-177k | €-149k | ▲ 16.0% |
| Change in cash | - | €28k | €-7k | €-27k | €-21k | ▲ 20.5% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €150kEq €165k ▲25.8%
4 profitable years in a row build equity to €165k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €102k ▲60.1%
2 profitable years in a row build equity to €102k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €72k
Net result €72k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.53
Current ratio from 0.73 to 2.53; short-term debt falls from €30k to €25k.
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
Show earlier events
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Buggenhout · 2 establishment units since 2004
Ground area
510 m²
Building footprint
230 m²
Volume, LiDAR
1,618 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Jelkor
since 20042.136.142.116
‘t Suikerdoosje
since 20202.352.184.177
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004A0626/00L002 | Flanders | 391 m² | 1 · 129 m² | 11.4 m · 3 fl. |
| 42004A0104/00K000 | Flanders | 118 m² | 1 · 101 m² | 8.9 m · 3 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 siteBuggenhout2.352.184.177
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,258 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
Founded16-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
58290Other software publishing
Scores and ratios are computed by Checked and are not a credit decision.