JOLECTRO
ActiveSummary
JOLECTRO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204k and a net result of €10k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 2566 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 4.76 against 28.25 in 2024; short-term debt: 18.2% and cash: 20.2% of total assets), and 18.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
81.8%
Return on assets
4.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
73 d early
2023
34 d early
2022
31 d early
2021
2 d early
2020
23 d late
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€204k▼ 14.5%
2024 · €239k
Total assets
€250k▲ 1.0%
2024 · €247k
Net result
€10k▼ 43.0%
2024 · €18k
Working capital
€171k▼ 25.0%
2024 · €228k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€65k▲ 27.7%€53k▼ 17.9%€49k▼ 8.2%€27k▼ 44.4%€15k▼ 46.2%
Net result€39k▲ 9.3%€32k▼ 17.6%€28k▼ 14.3%€18k▼ 33.8%€10k▼ 43.0%
Equity€160k▲ 32.7%€192k▲ 20.3%€220k▲ 14.5%€239k▲ 8.4%€204k▼ 14.5%
Total assets€324k▲ 12.7%€360k▲ 10.9%€386k▲ 7.1%€247k▼ 36.0%€250k▲ 1.0%
Debt€164k▼ 1.6%€168k▲ 1.9%€165k▼ 1.3%€8k▼ 95.0%€45k▲ 444%
Working capital€147k▲ 37.5%€166k▲ 12.6%€197k▲ 19.0%€228k▲ 15.3%€171k▼ 25.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 46% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €250k
Fixed assets
€33k ▲ 202%
Current assets
€216k ▼ 8.4%
Equity and liabilities €250k
Equity
€204k ▼ 14.5%
Debt
€45k ▲ 444%
Debt's share of the balance-sheet total rises from 3.4% to 18.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €39k
Cash flow
€17k▼
2024 · €30k
Current ratio
4.76▼
2024 · 28.25
Quick ratio
4.43▼
2024 · 26.86
Debt to equity
0.22▲
2024 · 0.03
ROE
5.1%▼
2024 · 7.7%
ROA
4.2%▼
2024 · 7.4%
Interest coverage
116.76▼
2024 · 217.67
Debt ≤ 1 year
€45k▲
2024 · €8k
Income taxes
€4k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €10k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €11k | €12k | €12k | €6k | ▼ 46.3% |
| Other operating charges640/8 | €662 | €560 | €764 | €436 | €303 | ▼ 30.4% |
| Gross operating margin9900 | €75k | €64k | €61k | €39k | €21k | ▼ 46.1% |
| Operating profit (loss)9901 | €65k | €53k | €49k | €27k | €15k | ▼ 46.2% |
| Financial income75/76B | €9 | €8 | €467 | €192 | €138 | ▼ 28.3% |
| Recurring financial income75 | €9 | €8 | €467 | €192 | €138 | ▼ 28.3% |
| Financial charges65/66B | €7k | €6k | €8k | €179 | €179 | ▲ 0.2% |
| Recurring financial charges65 | €7k | €6k | €8k | €179 | €179 | ▲ 0.2% |
| Profit (loss) for the period before taxes9903 | €58k | €47k | €41k | €27k | €15k | ▼ 46.4% |
| Income taxes67/77 | €18k | €15k | €13k | €9k | €4k | ▼ 53.6% |
| Profit (loss) for the period9904 | €39k | €32k | €28k | €18k | €10k | ▼ 43.0% |
| Profit (loss) for the period to be appropriated9905 | €39k | €32k | €28k | €18k | €10k | ▼ 43.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324k | €360k | €386k | €247k | €250k | ▲ 1.0% |
| Fixed assets21/28 | €28k | €34k | €23k | €11k | €33k | ▲ 202% |
| Tangible fixed assets22/27 | €28k | €34k | €23k | €11k | €33k | ▲ 202% |
| Land and buildings22 | €11k | €8k | €6k | €3k | €29k | ▲ 849% |
| Plant, machinery and equipment23 | €319 | €160 | €759 | - | - | - |
| Furniture and vehicles24 | €17k | €25k | €16k | €8k | €5k | ▼ 43.5% |
| Financial fixed assets28 | €45 | €45 | €45 | €45 | €45 | = |
| Current assets29/58 | €296k | €326k | €363k | €236k | €216k | ▼ 8.4% |
| Stocks and contracts in progress3 | €19k | €5k | €10k | €12k | €15k | ▲ 28.1% |
| Stocks30/36 | €14k | €5k | €10k | €12k | €15k | ▲ 28.1% |
| Contracts in progress37 | €5k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €20k | €29k | €16k | €31k | €68k | ▲ 122% |
| Trade receivables40 | €19k | €27k | €13k | €14k | €51k | ▲ 254% |
| Other amounts receivable41 | €1k | €2k | €3k | €16k | €17k | ▲ 5.0% |
| Current investments50/53 | €81k | €81k | €81k | €81k | €81k | ▲ 0.1% |
| Cash at bank and in hand54/58 | €174k | €209k | €253k | €110k | €50k | ▼ 54.4% |
| Deferred charges and accrued income490/1 | €608 | €2k | €2k | €2k | €2k | ▼ 12.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324k | €360k | €386k | €247k | €250k | ▲ 1.0% |
| Equity10/15 | €160k | €192k | €220k | €239k | €204k | ▼ 14.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €141k | €174k | €202k | €220k | €186k | ▼ 15.7% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €140k | €172k | €202k | €220k | €186k | ▼ 15.7% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €164k | €168k | €165k | €8k | €45k | ▲ 444% |
| Amounts payable after more than one year17 | €16k | €7k | - | - | - | - |
| Financial debts170/4 | €16k | €7k | - | - | - | - |
| Amounts payable within one year42/48 | €149k | €160k | €165k | €8k | €45k | ▲ 444% |
| Current portion of amounts payable after more than one year42 | €8k | €9k | €7k | €0 | - | - |
| Trade debts44 | €9k | €10k | €4k | €8k | €25k | ▲ 201% |
| Suppliers440/4 | €9k | €10k | €4k | €8k | €25k | ▲ 201% |
| Advances received on contracts in progress46 | - | - | - | - | €15k | - |
| Taxes, remuneration and social security45 | €8k | €4k | €3k | €0 | €1k | - |
| Taxes450/3 | €8k | €4k | €3k | €0 | €1k | - |
| Other amounts payable47/48 | €123k | €138k | €151k | €0 | €4k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €32k | €28k | €18k | €10k | ▼ 43.0% |
| + Depreciation and write-downs630 | €9k | €11k | €12k | €12k | €6k | ▼ 46.3% |
| Operating cash flow (approximation) | €49k | €43k | €40k | €30k | €17k | ▼ 44.3% |
| Investment in fixed assets (approximation) | - | €-16k | €-927 | €0 | €-29k | - |
| Change in cash | - | €34k | €45k | €-143k | €-60k | ▲ 58.1% |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 13current ratio 28.25
Current ratio from 2.19 to 28.25; short-term debt falls from €165k to €8k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €220k ▲14.5%
6 profitable years in a row build equity to €220k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €39k ▲9.3%
Operating result €65k, net result €39k, both a record.
31-12
Financial
Equity above €150kEq €160k ▲32.7%
4 profitable years in a row build equity to €160k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Equity above €100kEq €121k ▲42.7%
3 profitable years in a row build equity to €121k.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €776 ▼92.6%
Net result drops to €776, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2010
Ground area
305 m²
Building footprint
126 m²
Volume, LiDAR
927 m³
Parcel 44038A0772/00F003, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Brugsesteenweg 568, 9030 Gent
since 20102.185.226.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0772/00F003 | Flanders | 305 m² | 1 · 126 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 342 companies in sector 95220 we hold annual accounts for 91. 61 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
Founded09-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
43211General electrical installation work
47540Retail sale of electrical household appliances
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Scores and ratios are computed by Checked and are not a credit decision.