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JODECOR

Active
Private limited companyfounded 1999active for 27 yearsDoenaertstraat(Mar) 18, 8510 Kortrijk, BelgiumKBO/BCE: BE 0466.771.918
Summary

JODECOR has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624,312 and a net result of €116,518. Equity has been shrinking by about 9.2% per year since 2019. Its solvency ranks better than 81% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-09-1999 Normal situation
Activity
Painting of buildings NACE 43341and 4 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2025
Establishment unit
2.092.356.217 8510 Kortrijk, since 16-09-1999
Financial year end
30 June
Peppol
Reachable since 03-07-2024

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€762,848
▲ 5.9%
Turnover
≈ €2.2m
estimated
Profit
€116,518
▲ 30.0%
Equity
€624,312
▼ 8.2%
Total assets
€870,796
▲ 9.6%
Employees on 30-06-2025
10
▼ 16.7%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 4.73, cash €516,260Equity €624,312 (71.7% of total assets)Founded in 1999Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 97-3
equity 71.7% of total assets
Liquidity 96-3
short-term debt 16.4% · cash 59.3%
Profitability 85+2
return on assets 13.4%
Bankruptcy probability within 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 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 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 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025highest value 02-2026: < 0.1%● unchanged vs 01-2026highest value 03-2026: < 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%● unchanged vs 03-2026highest value 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.73 (7.68 in 2024), above the usual 1.5. Short-term debt is 16.4% and cash 59.3% of total assets. 28.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 78% of them on solvency, 93% on liquidity, 69% on profitability and 26% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.73, cash €516,260
NBB · annual accounts
lowers risk · Equity €624,312 (71.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 filings
Deviation from the deadline
2025
53 days early
2024
78 days early
2023
44 days early
2022
50 days early
2021
40 days early
2020
39 days early
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: Higher solvency than 80% of companies in specialised constructionsector median 44.0% · 9,895 companies 71.7% View

Recent changes

  1. · Gazette deed Resignation: Jo DESMET (huidige statutaire bestuurder)Reappointment: Jo DESMET (statutory director) · Appointment: De Preter Karl (opvolgend bestuurder)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as JODECOR: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €679,000 and €919,000, founded between 1987 and 2006.

CompanyTotal assetsGross margin
JODECOR Kortrijk€0.9m€0.8m
WILLEMYNS DECORATIE EN AFWERKINGSBEDRIJF Tielt€0.9m€0.6m
Lambrecht Decoratie Wielsbeke€0.7m€0.9m
D-DECO Ledegem€0.8m€1.1m
EURO PEINT Liège€0.8m€0.7m
KBS Projecten Sint-Truiden€0.8m€0.7m
NICKEL H et S Thimister-Clermont€0.7m€0.6m
Full comparison

Key facts about JODECOR

What is the company number of JODECOR?
The company number of JODECOR is 0466.771.918. The VAT number is the same number with BE in front: BE 0466.771.918.
Where is JODECOR based?
The registered office is at Doenaertstraat(Mar) 18, 8510 Kortrijk.Company details
What does JODECOR do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of JODECOR?
The legal form of JODECOR is Private limited company (BV).
When was JODECOR founded?
JODECOR was founded on 01-09-1999.
Is JODECOR still active?
Yes, JODECOR is an active enterprise in the KBO register.
How many employees does JODECOR have?
JODECOR had an average of 9.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does JODECOR fall under?
In its 30-06-2025 annual accounts, JODECOR states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of JODECOR?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €762,848 and 40 comparable companies (NACE 433). It probably lies between €1.7m and €2.8m.
Is JODECOR profitable?
In financial year 2025, JODECOR made a profit of €116,518.
Where can I find the annual accounts of JODECOR?
JODECOR filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JODECOR due?
JODECOR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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