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JADECO

Active
Private limited companyfounded 199234 years activePelikaanberg 40, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0447.046.769
Summary

JADECO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.5m and a net result of -€314,336. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 78% of 8,122 sector peers (NACE 70, fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Activities of head offices
NACE 70100Business and other management consultancy NACE 70200
#4 company by equity in Sint-Pieters-Leeuw, Professional and technical services sector1 site
Size
€5.5mtotal assets 2024
Equity
€4.5m
Loss
-€314,336
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2024
Bankruptcy probability, 12 months
0.8%
Structure
Board
1 member
Accounts 68 days overdue1 of 4 deeds read
Why 55Capped at 59: a confirmed filing finding- Liquidity: current ratio 1.24, cash €60,027- Figures for FY 2024 (filed 04-12-2025)- 1 financial year not filed after the legal deadline; latest accounts 126 days late; 3 of the last 3 late+ Founded in 1992Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 70, small)
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 100=
equity 82.1% of total assets
Liquidity 50+4
short-term debt 12.8% · cash 1.1%
Profitability 13-56
return on assets -5.8%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,514 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.2 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.9%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 0.4%▼ -0.5 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.2 percentage points vs 09-2026
Credit up to €240,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.15 in 2023; short-term debt: 12.8% and cash: 1.1% of total assets), and 17.9% of the assets are financed with debt.
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 70, small): better than 85% on solvency, 43% on liquidity, 4% on profitability and 17% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Six signals.
−lowers risk+raises risk
raises risk · Liquidity: current ratio 1.24, cash €60,027
NBB · annual accounts
lowers risk · Founded in 1992
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for FY 2024 (filed 04-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 126 days late; 3 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€314,336
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
126 days late
2023
31 days late
2022
88 days late
2021
298 days late
2020
89 days late
2019
84 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 119 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointment: EUROPEAN AND ABROAD REAL ESTATE…Permanent representative: Ilse Vandoninck ·…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Weakest financial yearnet -€314,336

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€314,336 View
  • Caution: Result fell in 2024from -€6,450 to -€314,336 ▼ 4,773% View
  • Caution: Among the weakest 5% on net resultsector median €45,608 · 8,124 companies -€314,336 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€5.5m
Loss
-€314,336
Solvency
82.1%
Total assets▼ 10.9%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 31-08-2024Annual accounts filed
  2. 27-10-2023Annual accounts filed
  3. 25-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of head officesNACE 70100
Founded
15-03-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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