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Jonorah

Active
Private limited companyfounded 2025active for 1 yearGeuzestraat 8, 9910 Aalter, BelgiumKBO/BCE: BE 1025.751.442
Summary

Jonorah has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,419 and a net result of €28,252. Its solvency ranks better than 25% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €120,000
Estimated: probably between €72,000 and €170,000
Total assets
€122,754
Net result
€28,252
Working capital
€8,510

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €122,754
Fixed assets €68,720
Current assets €54,034
Equity and liabilities €122,754
Equity €27,419
Debt €95,335
Debt finances 77.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€42,152
Cash flow
€34,229
Current ratio
1.19
Debt to equity
3.48
ROE
103.0%
ROA
23.0%
Interest coverage
66.36
Debt ≤ 1 year
€45,524
Debt > 1 year
€49,811
Income taxes
€7,289

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€122,754
Fixed assets21/28€68,720
Tangible fixed assets22/27€68,720
Furniture and vehicles24€68,464
Other tangible fixed assets26€256
Current assets29/58€54,034
Amounts receivable within one year40/41€19,136
Trade receivables40€19,136
Cash at bank and in hand54/58€31,135
Deferred charges and accrued income490/1€3,763
Equity and liabilities
Total equity and liabilities10/49€122,754
Equity10/15€27,419
Reserves13€27,419
Distributable reserves133€27,419
Profit (loss) carried forward14€0
Amounts payable17/49€95,335
Amounts payable after more than one year17€49,811
Financial debts170/4€49,811
Amounts payable within one year42/48€45,524
Current portion of amounts payable after more than one year42€12,426
Taxes, remuneration and social security45€19,300
Taxes450/3€19,300
Other amounts payable47/48€13,798
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,977
Other operating charges640/8€400
Gross operating margin9900€42,552
Operating profit (loss)9901€36,175
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€635
Recurring financial charges65€635
Profit (loss) for the period before taxes9903€35,540
Income taxes67/77€7,289
Profit (loss) for the period9904€28,252
Profit (loss) for the period to be appropriated9905€28,252
Appropriation of the result
Profit (loss) to be appropriated9906€28,252
Transfer to equity691/2€27,419
To other reserves6921€27,419
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,977
Other operating charges640/8€400
Gross operating margin9900€42,552
Operating profit (loss)9901€36,175
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€635
Recurring financial charges65€635
Profit (loss) for the period before taxes9903€35,540
Income taxes67/77€7,289
Profit (loss) for the period9904€28,252
Profit (loss) for the period to be appropriated9905€28,252
Line2025
Assets
Total assets20/58€122,754
Fixed assets21/28€68,720
Tangible fixed assets22/27€68,720
Furniture and vehicles24€68,464
Other tangible fixed assets26€256
Current assets29/58€54,034
Amounts receivable within one year40/41€19,136
Trade receivables40€19,136
Cash at bank and in hand54/58€31,135
Deferred charges and accrued income490/1€3,763
Equity and liabilities
Total equity and liabilities10/49€122,754
Equity10/15€27,419
Reserves13€27,419
Distributable reserves133€27,419
Profit (loss) carried forward14€0
Amounts payable17/49€95,335
Amounts payable after more than one year17€49,811
Financial debts170/4€49,811
Amounts payable within one year42/48€45,524
Current portion of amounts payable after more than one year42€12,426
Taxes, remuneration and social security45€19,300
Taxes450/3€19,300
Other amounts payable47/48€13,798
Line2025
Profit (loss) for the period9904€28,252
+ Depreciation and write-downs630€5,977
Operating cash flow (approximation)€34,229

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-06-2026 2026-00208693

Similar companies · same sector, comparable size

Of the 82,511 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,647. 35,442 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.