Financials
- Financial year
- 2024
- Total assets
- €411,967
- Loss
- -€164,277
- Solvency
- -35.2%
Total assets▼ 19.2%
Net result
20192024
JOLAN
Active1 interim measureSummary
The file of JOLAN contains 1 interim measure, as published in the Belgian Official Gazette. The computed 12-month bankruptcy probability is 5.2% (elevated). The 2024 annual accounts show negative equity (-€144,989) and a net result of -€164,277. Equity is shrinking by about 33% per year across the filed financial years. Its solvency ranks better than 5% of 35,977 sector peers (NACE 43, financial year 2024).
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€411,967total assets 2024
- Equity
- -€144,989
- Loss
- -€164,277
Turnover not published (abbreviated or micro format)
Structure
- LANDUYT JoeriDirector
2025 accounts not filed, 89 days past the deadline1 of 2 deeds summarised
Why 34raises riskLiquidity: current ratio 2.52, cash €49, halvedFigures for financial year 2024 (filed 07-08-2025)Loss of €164,277 (financial year 2024)lowers riskSize: total assets €411,967Show the evidence
Checked score
Score 2024
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 7% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency
0-29
equity -35.2% of total assets
Liquidity
32-8
short-term debt 39.5% · cash 0.0%
Profitability
0-33
return on assets -39.9%
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.8%● unchanged vs 11-2024
01-2025: 0.8%● unchanged vs 12-2024lowest value
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.1 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 1.5%▲ +0.5 percentage points vs 07-2025
09-2025: 3.0%▲ +1.5 percentage points vs 08-2025
10-2025: 3.0%● unchanged vs 09-2025
11-2025: 3.0%● unchanged vs 10-2025
12-2025: 3.1%▲ +0.1 percentage points vs 11-2025
01-2026: 3.1%● unchanged vs 12-2025
02-2026: 3.1%● unchanged vs 01-2026
03-2026: 3.0%▼ -0.1 percentage points vs 02-2026
04-2026: 3.0%● unchanged vs 03-2026
05-2026: 3.0%● unchanged vs 04-2026
06-2026: 2.9%▼ -0.1 percentage points vs 05-2026
07-2026: 3.0%▲ +0.1 percentage points vs 06-2026
08-2026: 3.6%▲ +0.6 percentage points vs 07-2026
09-2026: 3.6%● unchanged vs 08-2026
10-2026: 5.2%▲ +1.6 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 2.52, compared with 3.81 in 2023, above the usual 1.5; short-term debt: 39.5% and cash: 0% of total assets), but equity is negative.
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 43, micro): better than 3% on solvency, 20% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 28-10-2026 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
Eight signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€144,989
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
149 days early
2022
47 days early
2021
44 days late
2020
25 days late
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Provisional administratorEnterprise Court of Ghent ·…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€164,277
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€144,989 View
- Caution: From profit to loss in 2024after €4,240 in 2023 -€164,277 View
- Caution: Among the weakest 5% on solvencysector median 46.6% · 35,977 companies -35.2% View
- Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
By topic
Board & ownership
- Board
- 1 member
- LANDUYT JoeriDirector
Timeline
- Events
- 32
- Since
- 1999
- 15-05-2024Resignation: Philip Verlaeckt (director)
- 04-03-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 04-07-1997
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about JOLAN
- What is the company number of JOLAN?
- 0461.053.470. In Belgium the VAT number is the company number with BE in front: BE 0461.053.470.
- Where is JOLAN based?
- The registered office is at Hansevelde 43, 9240 Zele.Company details
- What does JOLAN do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of JOLAN?
- Private limited company (BV).
- When was JOLAN founded?
- On 04-07-1997.
- Is JOLAN still active?
- Yes, JOLAN is an active enterprise in the KBO register.
- How many employees does JOLAN have?
- On average 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of JOLAN?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is JOLAN profitable?
- In financial year 2024, JOLAN made a loss of €164,277.
- Where can I find the annual accounts of JOLAN?
- JOLAN filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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