JERICO
ActiveSummary
JERICO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.41M and a net result of €347k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▲+29
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 25.45 against 39.01 in 2023; short-term debt: 3.7% and cash: 81.2% of total assets), and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.3%
Return on assets
23.7%
Age of the figures
21 mo
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 2024Equity per financial year
192021222324
2019 to 2024 · latest year €1.41M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
66 d early
2023
55 d early
2022
18 d early
2021
41 d early
2020
40 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.41M▲ 32.7%
2023 · €1.06M
2019: €1.05M
2020: €1.04M
2021: €1.02M
2022: €1.06M
2023: €1.06M
2019 → 2024
Total assets
€1.46M▲ 36.5%
2023 · €1.07M
2019: €1.97M
2020: €1.83M
2021: €1.46M
2022: €1.20M
2023: €1.07M
2019 → 2024
Net result
€347k
2023 · €-2k
2019: €-10k
2020: €-11k
2021: €-11k
2022: €1.01M
2023: €-2k
2019 → 2024
Working capital
€1.33M▲ 241%
2023 · €391k
2019: €194k
2020: €121k
2021: €96k
2022: €390k
2023: €391k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.04M-€1.02M▼ 1.0%€1.06M▲ 3.8%€1.06M▼ 0.2%€1.41M▲ 32.7%
Operating result€13k-€7k▼ 40.6%€1.48M▲ 19,739%€-3k€-150k▼ 4,302%
Net result€-11k-€-11k▲ 0.4%€1.01M€-2k€347k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €150k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.46M
Fixed assets
€75k ▼ 88.8%
Current assets
€1.39M ▲ 246%
Equity and liabilities €1.46M
Equity
€1.41M ▲ 32.7%
Debt
€55k ▲ 430%
Debt's share of the balance-sheet total rises from 1.0% to 3.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-145k▼
2023 · €-238
Cash flow
€352k▲
2023 · €1k
Current ratio
25.45▼
2023 · 39.01
Quick ratio
22.64▼
2023 · 26.96
Debt to equity
0.04▲
2023 · 0.01
ROE
24.6%▲
2023 · -0.2%
ROA
23.7%▲
2023 · -0.2%
Interest coverage
-346.51▼
2023 · -0.47
Debt ≤ 1 year
€55k▲
2023 · €10k
Income taxes
€39k▲
2023 · €-2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.07M€1.46M▲
Fixed assets21/28€671k€75k▼
Tangible fixed assets22/27€8k€75k▲
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€4k€70k▲
Financial fixed assets28€663k€0▼
Current assets29/58€401k€1.39M▲
Stocks and contracts in progress3€124k€153k▲
Stocks30/36€124k€153k▲
Amounts receivable within one year40/41€196k€42k▼
Trade receivables40€12k€19k▲
Other amounts receivable41€184k€24k▼
Cash at bank and in hand54/58€80k€1.19M▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.46M▲
Equity10/15€1.06M€1.41M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.00M€1.35M▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€995k€1.34M▲
Profit (loss) carried forward14€-2k€0▲
Amounts payable17/49€10k€55k▲
Amounts payable within one year42/48€10k€55k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€6k€52k▲
Taxes450/3€6k€52k▲
Other amounts payable47/48€1k€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€2k€-143k▼
Operating profit (loss)9901€-3k€-150k▼
Financial income75/76B-€536k
Recurring financial income75-€1k
Non-recurring financial income76B-€535k
Financial charges65/66B€501€418▼
Recurring financial charges65€501€418▼
Profit (loss) for the period before taxes9903€-4k€386k▲
Income taxes67/77€-2k€39k▲
Profit (loss) for the period9904€-2k€347k▲
Profit (loss) for the period to be appropriated9905€-2k€347k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€345k▲
Profit (loss) brought forward from the previous period14P€0€-2k▼
Transfer to equity691/2€0€345k▲
To other reserves6921€0€345k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €347k
Net result €347k after one loss-making year.
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 10current ratio 39.01
Current ratio from 3.89 to 39.01; short-term debt falls from €135k to €10k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €1.01M
Net result €1.01M after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 3.89
Current ratio from 1.22 to 3.89; short-term debt falls from €438k to €135k.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maaseik · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergerstraat 803680 MaaseikGround area
1,358 m²
Building footprint
202 m²
Volume, LiDAR
1,146 m³
Parcel 72024C0880/00B000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bergerstraat 80, 3680 Maaseik
since 19932.064.064.087
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72024C0880/00B000 | Flanders | 1,358 m² | 1 · 202 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 388 companies in sector 46630 we hold annual accounts for 276. 202 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-08-1993
Fiscal year end31-12
Activities, NACEBEL 2025
46630Wholesale trade
64910Financial service activities, except insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.