JORCO
ActiveSummary
JORCO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 84% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+9
Solvency100▲+26
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 7.06 against 1.92 in 2024; short-term debt: 13.7% and cash: 71.5% of total assets), and 13.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
86.3%
Return on assets
40.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €47k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
23 d early
2024
7 d early
2023
15 d early
2022
6 d early
2021
4 d early
2020
32 d early
2019
31 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
€47k▲ 87.7%
2024 · €25k
Total assets
€55k▲ 6.8%
2024 · €51k
Net result
€22k▲ 109%
2024 · €11k
Working capital
€45k▲ 90.0%
2024 · €24k
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€33k▲ 80.1%€28k▼ 14.4%€16k▼ 44.9%€20k▲ 27.0%€33k▲ 67.3%
Net result€24k▲ 95.7%€17k▼ 28.9%€8k▼ 54.7%€11k▲ 39.1%€22k▲ 109%
Equity€53k▲ 125%€7k▼ 86.8%€15k▲ 108%€25k▲ 72.1%€47k▲ 87.7%
Total assets€78k▲ 114%€52k▼ 33.5%€36k▼ 31.0%€51k▲ 42.7%€55k▲ 6.8%
Debt€25k▲ 92.1%€45k▲ 81.7%€21k▼ 52.7%€26k▲ 22.5%€7k▼ 71.3%
Working capital€52k▲ 143%€4k▼ 91.4%€13k▲ 184%€24k▲ 88.2%€45k▲ 90.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 67% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€2k ▲ 44.0%
Current assets
€53k ▲ 5.8%
Equity and liabilities €55k
Equity
€47k ▲ 87.7%
Debt
€7k ▼ 71.3%
Debt's share of the balance-sheet total falls from 50.9% to 13.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▲
2024 · €20k
Cash flow
€22k▲
2024 · €11k
Current ratio
7.06▲
2024 · 1.92
Debt to equity
0.16▼
2024 · 1.04
ROE
46.7%▲
2024 · 41.9%
ROA
40.3%▲
2024 · 20.6%
Interest coverage
12.37▲
2024 · 5.59
Debt ≤ 1 year
€7k▼
2024 · €26k
Income taxes
€9k▲
2024 · €6k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €893 | €273 | €651 | €651 | €369 | ▼ 43.2% |
| Other operating charges640/8 | €398 | €523 | €788 | €2k | €585 | ▼ 61.9% |
| Non-recurring operating charges66A | - | - | - | - | €378 | - |
| Gross operating margin9900 | €34k | €29k | €17k | €22k | €34k | ▲ 56.7% |
| Operating profit (loss)9901 | €33k | €28k | €16k | €20k | €33k | ▲ 67.3% |
| Financial income75/76B | €170 | €0 | - | €302 | €195 | ▼ 35.3% |
| Recurring financial income75 | €170 | €0 | - | €302 | €195 | ▼ 35.3% |
| Financial charges65/66B | €264 | €464 | €4k | €4k | €3k | ▼ 25.9% |
| Recurring financial charges65 | €264 | €464 | €4k | €4k | €3k | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | €33k | €28k | €11k | €16k | €31k | ▲ 86.1% |
| Income taxes67/77 | €9k | €11k | €4k | €6k | €9k | ▲ 44.8% |
| Profit (loss) for the period9904 | €24k | €17k | €8k | €11k | €22k | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | €24k | €17k | €8k | €11k | €22k | ▲ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78k | €52k | €36k | €51k | €55k | ▲ 6.8% |
| Fixed assets21/28 | €1k | €3k | €2k | €1k | €2k | ▲ 44.0% |
| Tangible fixed assets22/27 | €1k | €3k | €2k | €1k | €2k | ▲ 44.0% |
| Plant, machinery and equipment23 | €1k | €3k | €2k | €1k | €2k | ▲ 44.0% |
| Current assets29/58 | €77k | €49k | €34k | €50k | €53k | ▲ 5.8% |
| Amounts receivable after more than one year29 | €19k | €0 | - | - | - | - |
| Trade receivables290 | €19k | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €13k | €17k | €19k | €37k | €14k | ▼ 62.8% |
| Trade receivables40 | €13k | €17k | €19k | €0 | €13k | - |
| Other amounts receivable41 | €0 | - | - | €37k | €1k | ▼ 96.8% |
| Cash at bank and in hand54/58 | €43k | €32k | €15k | €13k | €39k | ▲ 202% |
| Deferred charges and accrued income490/1 | €2k | €920 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78k | €52k | €36k | €51k | €55k | ▲ 6.8% |
| Equity10/15 | €53k | €7k | €15k | €25k | €47k | ▲ 87.7% |
| Contributions10/11 | €19k | €7k | €7k | €7k | €7k | = |
| Reserves13 | €35k | €0 | €8k | €18k | €40k | ▲ 122% |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €35k | €0 | €8k | €18k | €40k | ▲ 122% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €25k | €45k | €21k | €26k | €7k | ▼ 71.3% |
| Amounts payable within one year42/48 | €25k | €45k | €21k | €26k | €7k | ▼ 71.3% |
| Trade debts44 | €4k | €1k | €3k | €26k | €33 | ▼ 99.9% |
| Suppliers440/4 | €4k | €1k | €3k | €26k | €33 | ▼ 99.9% |
| Taxes, remuneration and social security45 | €20k | €30k | €13k | €0 | €1k | - |
| Taxes450/3 | €20k | €30k | €13k | €0 | €1k | - |
| Other amounts payable47/48 | €753 | €13k | €5k | €0 | €6k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €17k | €8k | €11k | €22k | ▲ 109% |
| + Depreciation and write-downs630 | €893 | €273 | €651 | €651 | €369 | ▼ 43.2% |
| Operating cash flow (approximation) | €24k | €17k | €8k | €11k | €22k | ▲ 100% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €0 | €-934 | - |
| Change in cash | - | €-11k | €-16k | €-2k | €26k | ▲ 1,151% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
19-03
State Gazette act
Purpose · Statutes amendmentPurpose change · Power of attorney4 facts ▸
State Gazette act
Purpose · Statutes amendment
Purpose change · Power of attorney4 facts ▸
- General meeting, 3 maart 2026
- Purpose change, De vennootschap heeft tot voorwerp zowel nationaal als internationaal: - het verlenen van advies omtrent logistieke organisatie en planning; - het verlenen van…
- Power of attorney, Heleen Arnaerts
- Power of attorney, Sarah Boone
2025
31-12
Financial
Liquidity quadruplescurrent ratio 7.06
Current ratio from 1.92 to 7.06; short-term debt falls from €26k to €7k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €24k ▲95.7%
Net result €24k, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boortmeerbeek · 1 establishment unit since 2018
Ground area
746 m²
Building footprint
86 m²
Volume, LiDAR
505 m³
Parcel 24039A0083/00H007, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JORCO
since 20182.284.414.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24039A0083/00H007 | Flanders | 746 m² | 1 · 86 m² | 7.8 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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 37,841 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
Founded20-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.