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Jor. Welcome

Active
Private limited companyfounded 2024active for 1 yearStationsstraat 23, 3665 As, BelgiumKBO/BCE: BE 1017.570.085
Summary

The computed 12-month bankruptcy probability of Jor. Welcome is 2.1% (moderate). The 2025 annual accounts show equity of €18,853 and a net result of €17,853. Its solvency ranks better than 86% of 1,558 sector peers (NACE 55, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (54 days) Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00522865.

Equity
€18,853
Total assets
€25,936
Net result
€17,853
Working capital
€362

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €25,936
Fixed assets €18,490
Current assets €7,446
Equity and liabilities €25,936
Equity €18,853
Debt €7,083
Debt finances 27.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€23,539
Cash flow
€19,556
Current ratio
1.05
Quick ratio
0.41
Debt to equity
0.38
ROE
94.7%
ROA
68.8%
Interest coverage
over 100
Debt ≤ 1 year
€7,083
Income taxes
€4,209

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.1% 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 497,470 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% 1.0%
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 11,280 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€25,936
Fixed assets21/28€18,490
Tangible fixed assets22/27€18,490
Plant, machinery and equipment23€10,681
Furniture and vehicles24€7,809
Current assets29/58€7,446
Stocks and contracts in progress3€4,535
Stocks30/36€4,535
Amounts receivable within one year40/41€887
Other amounts receivable41€887
Cash at bank and in hand54/58€2,024
Equity and liabilities
Total equity and liabilities10/49€25,936
Equity10/15€18,853
Contributions10/11€1,000
Profit (loss) carried forward14€17,853
Amounts payable17/49€7,083
Amounts payable within one year42/48€7,083
Trade debts44€2,249
Suppliers440/4€2,249
Taxes, remuneration and social security45€4,241
Taxes450/3€4,241
Other amounts payable47/48€594
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,703
Other operating charges640/8€124
Gross operating margin9900€23,663
Operating profit (loss)9901€21,836
Financial income75/76B€230
Recurring financial income75€230
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903€22,062
Income taxes67/77€4,209
Profit (loss) for the period9904€17,853
Profit (loss) for the period to be appropriated9905€17,853
Appropriation of the result
Profit (loss) to be appropriated9906€17,853

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€1,703
Other operating charges640/8€124
Gross operating margin9900€23,663
Operating profit (loss)9901€21,836
Financial income75/76B€230
Recurring financial income75€230
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903€22,062
Income taxes67/77€4,209
Profit (loss) for the period9904€17,853
Profit (loss) for the period to be appropriated9905€17,853
Line2025
Assets
Total assets20/58€25,936
Fixed assets21/28€18,490
Tangible fixed assets22/27€18,490
Plant, machinery and equipment23€10,681
Furniture and vehicles24€7,809
Current assets29/58€7,446
Stocks and contracts in progress3€4,535
Stocks30/36€4,535
Amounts receivable within one year40/41€887
Other amounts receivable41€887
Cash at bank and in hand54/58€2,024
Equity and liabilities
Total equity and liabilities10/49€25,936
Equity10/15€18,853
Contributions10/11€1,000
Profit (loss) carried forward14€17,853
Amounts payable17/49€7,083
Amounts payable within one year42/48€7,083
Trade debts44€2,249
Suppliers440/4€2,249
Taxes, remuneration and social security45€4,241
Taxes450/3€4,241
Other amounts payable47/48€594
Line2025
Profit (loss) for the period9904€17,853
+ Depreciation and write-downs630€1,703
Operating cash flow (approximation)€19,556

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

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-09-2026 2026-00522865

Similar companies · same sector, comparable size

Of the 2,987 active companies whose main activity is holiday cottages, homes and apartments (NACE 55203), figures are known for 701. 409 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €658 awarded · €542 paid
Schemes
1 entry · €658 · €542 paid · Fonds voor Innoveren en Ondernemen

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