JODECOR
ActiveJODECOR has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624k and a net result of €117k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+2
Solvency97▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.73 against 7.68 in 2024; short-term debt: 16.4% and cash: 59.3% of total assets), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.7%
Return on assets
13.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
78 d early
2023
44 d early
2022
50 d early
2021
40 d early
2020
39 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€624k▼ 8.2%
2024 · €680k
2019: €835k
2020: €1.01M
2021: €1.10M
2022: €887k
2023: €759k
2024: €680k
2019 → 2025
Total assets
€871k▲ 9.6%
2024 · €795k
2019: €1.17M
2020: €1.30M
2021: €1.36M
2022: €1.12M
2023: €915k
2024: €795k
2019 → 2025
Net result
€117k▲ 30.0%
2024 · €90k
2019: €172k
2020: €178k
2021: €170k
2022: €37k
2023: €-3k
2024: €90k
2019 → 2025
Working capital
€533k▼ 14.6%
2024 · €624k
2019: €695k
2020: €821k
2021: €923k
2022: €718k
2023: €643k
2024: €624k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.10M-€887k▼ 19.5%€759k▼ 14.4%€680k▼ 10.4%€624k▼ 8.2%
Operating result€260k-€70k▼ 73.1%€9k▼ 86.5%€144k▲ 1,434%€185k▲ 27.9%
Net result€170k-€37k▼ 78.3%€-3k€90k€117k▲ 30.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €871k
Fixed assets
€195k▲ 153%
Current assets
€676k▼ 5.8%
Equity and liabilities €871k
Equity
€624k▼ 8.2%
Debt
€246k▲ 115%
The debt ratio rises from 14.4% to 28.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€260k▲
2024 · €192k
Cash flow
€192k▲
2024 · €138k
Solvency
71.7%▼
2024 · 85.6%
Current ratio
4.73▼
2024 · 7.68
Quick ratio
4.63▼
2024 · 7.52
Debt / equity
0.39▲
2024 · 0.17
ROE
18.7%▲
2024 · 13.2%
ROA
13.4%▲
2024 · 11.3%
Interest coverage
25.19▼
2024 · 37.97
Debt
€246k▲
2024 · €115k
Debt ≤ 1 year
€143k▲
2024 · €94k
Debt > 1 year
€86k▲
2024 · €21k
Income taxes
€61k▲
2024 · €51k
Staff costs
€488k▼
2024 · €514k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€795k€871k▲
Fixed assets21/28€77k€195k▲
Tangible fixed assets22/27€64k€181k▲
Land and buildings22€37k€13k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€24k€166k▲
Financial fixed assets28€13k€13k▲
Current assets29/58€718k€676k▼
Stocks and contracts in progress3€14k€14k▼
Stocks30/36€14k€14k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€278k€130k▼
Trade receivables40€247k€107k▼
Other amounts receivable41€31k€23k▼
Current investments50/53€100k€0▼
Cash at bank and in hand54/58€319k€516k▲
Deferred charges and accrued income490/1€6k€15k▲
Equity and liabilities
Total equity and liabilities10/49€795k€871k▲
Equity10/15€680k€624k▼
Contributions10/11€21k€21k=
Reserves13€659k€603k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€657k€603k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€115k€246k▲
Amounts payable after more than one year17€21k€86k▲
Financial debts170/4€0€86k▲
Other amounts payable178/9€21k€0▼
Amounts payable within one year42/48€94k€143k▲
Current portion of amounts payable after more than one year42€13k€34k▲
Financial debts43-€20k
Credit institutions430/8-€20k
Trade debts44€62k€69k▲
Suppliers440/4€62k€69k▲
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€2k€11k▲
Remuneration and social security454/9€17k€2k▼
Other amounts payable47/48-€7k
Accrued charges and deferred income492/3-€17k
Income statement
Code20242025
Non-recurring operating income76A€19k€0▼
Remuneration, social security and pensions62€514k€488k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€76k▲
Other operating charges640/8€14k€14k▼
Gross operating margin9900€720k€763k▲
Operating profit (loss)9901€144k€185k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€5k€10k▲
Recurring financial charges65€5k€10k▲
Profit (loss) for the period before taxes9903€141k€178k▲
Income taxes67/77€51k€61k▲
Profit (loss) for the period9904€90k€117k▲
Profit (loss) for the period to be appropriated9905€90k€117k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€117k▲
Profit (loss) brought forward from the previous period14P€-3k€0▲
Transfer from equity791/2€172k€172k▲
Transfer to equity691/2€90k€117k▲
To other reserves6921€90k€117k▲
Profit to be distributed694/7€169k€172k▲
Return on contributions (dividend)694€169k€172k▲
Social balance
Average headcount (FTE)908711.09.5▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Back to profitnet €90k
Net result €90k after one loss-making year.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-3k ▼107%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €178k ▲3.5%
Operating result €278k, net result €178k, both a record.
30-06
Financial
Equity above €1MEq €1.01M ▲21.3%
2 profitable years in a row build equity to €1.01M.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
05-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortrijk · 1 establishment unit since 1999
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.
Doenaertstraat(Mar) 188510 KortrijkGround area
1,571 m²
Building footprint
702 m²
Volume, LiDAR
3,820 m³
Parcel 34026A0405/00H000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JODECOR BVBA
since 19992.092.356.217
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0405/00H000 | Flanders | 1,571 m² | 1 · 702 m² | 6.1 m · 2 fl. |
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.
Recognitions · licences · registrations
Recognised contractor
7 categoriesJODECOR BV#10343
JODECOR BV22848
Dual-learning approval
3 live approvals · 5 endedDecoratie en schilderwerken duaal (so)
Medewerker schilder- en behangwerken duaal (so)
Schilder-decorateur (vwo)
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SCHILDERWERKEN VAN NUFFEL
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Of 7,864 companies in sector 43341 we hold annual accounts for 2,664. 1,317 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-1999
Fiscal year end30-06
Activities, NACEBEL
43341Painting of buildings
45441
13929Manufacture of textiles
43320Joinery installation
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.