Summary
JOTHICO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €357k and a net result of €69k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 8023 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
28 d early
2023
28 d early
2022
40 d early
2021
41 d early
2020
2 d early
2019
21 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€357k▲ 2.5%
2024 · €349k
2019: €269k
2020: €299k
2021: €306k
2022: €318k
2023: €300k
2024: €349k
2019 → 2025
Net result
€69k▲ 40.3%
2024 · €49k
2019: €34k
2020: €31k
2021: €8k
2022: €32k
2023: €35k
2024: €49k
2019 → 2025
Total assets
€423k▲ 13.0%
2024 · €375k
2019: €359k
2020: €339k
2021: €327k
2022: €342k
2023: €367k
2024: €375k
2019 → 2025
Solvency
84.4%▼ 8.6pp
2024 · 93.0%
2019: 74.7%
2020: 88.2%
2021: 93.4%
2022: 92.8%
2023: 81.7%
2024: 93.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€306k-€318k▲ 3.8%€300k▼ 5.6%€349k▲ 16.3%€357k▲ 2.5%
Operating result€13k-€51k▲ 305%€56k▲ 10.6%€74k▲ 32.3%€102k▲ 37.1%
Net result€8k-€32k▲ 317%€35k▲ 10.8%€49k▲ 39.3%€69k▲ 40.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €423k
Fixed assets
€197k ▼ 7.0%
Current assets
€226k ▲ 39.0%
Equity and liabilities €423k
Equity
€357k ▲ 2.5%
Debt
€66k ▲ 153%
Debt's share of the balance-sheet total rises from 7.0% to 15.6%. Equity and debt are higher.
Key figures and ratios
ROE
19.2%▲
2024 · 14.0%
ROA
16.2%▲
2024 · 13.1%
Debt ≤ 1 year
€66k▲
2024 · €26k
Income taxes
€35k▲
2024 · €25k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€375k€423k▲
Fixed assets21/28€212k€197k▼
Tangible fixed assets22/27€212k€197k▼
Land and buildings22€206k€193k▼
Plant, machinery and equipment23€215€50▼
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€1k€1k▼
Current assets29/58€163k€226k▲
Amounts receivable within one year40/41€56k€33k▼
Trade receivables40€56k€32k▼
Other amounts receivable41€549€854▲
Current investments50/53€90k€170k▲
Cash at bank and in hand54/58€15k€22k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€375k€423k▲
Equity10/15€349k€357k▲
Contributions10/11€20k€20k=
Reserves13€329k€337k▲
Distributable reserves133€329k€337k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€26k€66k▲
Amounts payable within one year42/48€26k€66k▲
Current portion of amounts payable after more than one year42€5k€13k▲
Trade debts44€12k€22k▲
Suppliers440/4€12k€22k▲
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€5k€6k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€721€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€94k€121k▲
Operating profit (loss)9901€74k€102k▲
Financial income75/76B€522€3k▲
Recurring financial income75€522€3k▲
Financial charges65/66B€748€998▲
Recurring financial charges65€748€998▲
Profit (loss) for the period before taxes9903€74k€104k▲
Income taxes67/77€25k€35k▲
Profit (loss) for the period9904€49k€69k▲
Profit (loss) for the period to be appropriated9905€49k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€69k▲
Transfer from equity791/2€0€60k▲
Transfer to equity691/2€49k€69k▲
To other reserves6921€49k€69k▲
Profit to be distributed694/7€0€60k▲
Return on contributions (dividend)694€0€60k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €69k ▲40.3%
Operating result €102k, net result €69k, both a record.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity triplescurrent ratio 6.24
Current ratio from 2.12 to 6.24; short-term debt falls from €67k to €26k.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €8k ▼75.7%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-03
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
4 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, Kortrijk · 1 establishment unit since 2009
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.
Burgemeester Pyckestraat(Kor) 518500 KortrijkGround area
190 m²
Building footprint
190 m²
Volume, LiDAR
1,672 m³
Parcel 34022E0141/00W003, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JOTHICO
since 20092.177.157.080
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0141/00W003 | Flanders | 190 m² | 1 · 190 m² | 13.5 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 165 EUR awarded · 165 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 165 EUR | 165 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Bolavi
BE 0719.790.577
Maldegem · Eq €357,346
BeiNControl
BE 0767.600.491
As · Eq €357,420
JAVAND
BE 0716.735.770
Veurne · Eq €357,190
CHARVALCO
BE 0758.401.329
Kortrijk · Eq €357,587
GCorp
BE 0801.127.750
Neufchâteau · Eq €357,071
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,777 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 formPrivate limited company
Founded10-02-2009
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.