Financials
- Financial year
- 2025
- Total assets
- €3.9m
- Profit
- €1.5m
- Solvency
- 58.6%
Total assets▲ 35.8%
Net result
20182025
JELINCO
ActiveSummary
JELINCO has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €1.5m. Equity is shrinking by about 5.2% per year across the filed financial years. Its solvency ranks better than 67% of 2,066 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Raising of horses and other equines
NACE 01430Business and other management consultancy NACE 70200
5th largest company by total assets in Hasselt, Agriculture, forestry and fishing sector1 site
Size
≈ €4.1mturnover 2025, estimated
- Staff
- 2.8 FTE
- Equity
- €2.3m
- Profit
- €1.5m
Turnover estimated from the gross margin
Structure
- JENNEN Frank Jozef Anna Maria LodewijkDirector
- SLEGERS Linda Leona RozaDirector
2025 accounts on time3 of 9 deeds summarised
Why 99raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 82.69, cash €2.2mSize: 2.8 FTE, total assets €3.9mFigures for financial year 2025 (filed 30-07-2026)Show the evidence
Checked score
Score 2025
99
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 89% of its sector peers (NACE 01, micro)
Financial strength · tick = 2023
Strong
Solvency
84+32
equity 58.6% of total assets
Liquidity
100+21
short-term debt 1.2% · cash 58.0%
Profitability
100+82
return on assets 39.0%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.4%▲ +0.1 percentage points vs 11-2025
01-2026: 1.5%▲ +1.1 percentage points vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026highest value
04-2026: 1.4%▼ -0.1 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.4%● unchanged vs 06-2026
08-2026: < 0.1%▼ -1.4 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity ample (current ratio 82.69, compared with 10.0 in 2023, above the usual 1.5; short-term debt: 1.2% and cash: 58% of total assets), and 41.4% of the assets are financed with debt and provisions.
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 01, micro): better than 71% on solvency, 98% on liquidity and 96% on profitability.
The bankruptcy probability was computed on 27-10-2026 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 riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192021222325
2018 to 2025 · latest year €2.3m
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 30-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2023
30 days late
2022
30 days late
2021
31 days late
2020
30 days late
2019
98 days late
2018
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days after the deadline; the sector median (NACE 01) for financial year 2023 is 2 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €1.5m
- Liquidity more than 8 timescurrent ratio 82.69
Key points
By topic
Board & ownership
- Board
- 2 members
- JENNEN Frank Jozef Anna Maria LodewijkDirector
- SLEGERS Linda Leona RozaDirector
Timeline
- Events
- 36
- Since
- 1997
- 30-12-2025Equity above €2m
- 04-12-2025Registered office
- 22-01-2025Amendment of the articles · Resignations &…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Raising of horses and other equinesNACE 01430
- Founded
- 26-04-1996
- Year ends
- 30-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 11
- Annual meeting
- 15 June at 19:00
Key facts about JELINCO
- What is the company number of JELINCO?
- 0457.919.776. In Belgium the VAT number is the company number with BE in front: BE 0457.919.776.
- Where is JELINCO based?
- The registered office is at Lazarijstraat 156, 3500 Hasselt.Company details
- What does JELINCO do?
- According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
- What is the legal form of JELINCO?
- Public limited company (NV).
- When was JELINCO founded?
- On 26-04-1996.
- Is JELINCO still active?
- Yes, JELINCO is an active enterprise in the KBO register.
- How many employees does JELINCO have?
- On average 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of JELINCO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is JELINCO profitable?
- In financial year 2025, JELINCO made a profit of €1.5m.
- Where can I find the annual accounts of JELINCO?
- JELINCO filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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