JADECO
ActiveSummary
JADECO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.47M and a net result of €-314k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 78% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability13▼-56
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k 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.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-314k
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 filingsDeviation from the deadline
2025
not confirmed
2024
126 d late
2023
31 d late
2022
88 d late
2021
298 d late
2020
89 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€4.47M▼ 6.6%
2023 · €4.79M
2018: €4.92Mhighest in 7 years
2019: €4.86M▼ -1.2% vs 2018
2020: €4.82M▼ -0.9% vs 2019
2021: €4.77M▼ -0.9% vs 2020
2022: €4.80M▲ +0.5% vs 2021
2023: €4.79M▼ -0.1% vs 2022
2024: €4.47M▼ -6.6% vs 2023lowest in 7 years
2018 → 2024
Total assets
€5.45M▼ 10.9%
2023 · €6.12M
2018: €5.33Mlowest in 7 years
2019: €5.76M▲ +8.1% vs 2018
2020: €5.85M▲ +1.5% vs 2019
2021: €5.73M▼ -2.0% vs 2020
2022: €5.82M▲ +1.5% vs 2021
2023: €6.12M▲ +5.2% vs 2022highest in 7 years
2024: €5.45M▼ -10.9% vs 2023
2018 → 2024
Net result
€-314k▼ 4,773%
2023 · €-6k
2018: €-54k
2019: €-59k▼ -9.8% vs 2018
2020: €-45k▲ +24.5% vs 2019
2021: €860k▲ +2027% vs 2020highest in 7 years
2022: €-3k▼ -100% vs 2021
2023: €-6k▼ -118% vs 2022
2024: €-314k▼ -4773% vs 2023lowest in 7 years
2018 → 2024
Working capital
€167k▲ 5.5%
2023 · €158k
2018: €70k
2019: €18k▼ -74.2% vs 2018
2020: €-6k▼ -133% vs 2019lowest in 7 years
2021: €593k▲ +9901% vs 2020highest in 7 years
2022: €271k▼ -54.3% vs 2021
2023: €158k▼ -41.6% vs 2022
2024: €167k▲ +5.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.82M-€4.77M▼ 0.9%€4.80M▲ 0.5%€4.79M▼ 0.1%€4.47M▼ 6.6%
2020: €4.82Mhighest in 5 years
2021: €4.77M▼ -0.9% vs 2020
2022: €4.80M▲ +0.5% vs 2021
2023: €4.79M▼ -0.1% vs 2022
2024: €4.47M▼ -6.6% vs 2023lowest in 5 years
Operating result€-27k-€1.04M€-11k€-10k▲ 6.6%€-24k▼ 135%
2020: €-27klowest in 5 years
2021: €1.04M▲ +4024% vs 2020highest in 5 years
2022: €-11k▼ -101% vs 2021
2023: €-10k▲ +6.6% vs 2022
2024: €-24k▼ -135% vs 2023
Net result€-45k-€860k€-3k€-6k▼ 118%€-314k▼ 4,773%
2020: €-45k
2021: €860k▲ +2027% vs 2020highest in 5 years
2022: €-3k▼ -100% vs 2021
2023: €-6k▼ -118% vs 2022
2024: €-314k▼ -4773% vs 2023lowest in 5 years
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 €24k in 2024 against €10k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.45M
Fixed assets
€4.59M ▼ 6.8%
Current assets
€866k ▼ 27.8%
Equity and liabilities €5.45M
Equity
€4.47M ▼ 6.6%
Provisions
€240k ▼ 4.5%
Debt
€738k ▼ 31.7%
Debt's share of the balance-sheet total falls from 17.7% to 13.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41k▼
2023 · €64k
Cash flow
€-250k▼
2023 · €68k
Current ratio
1.24▲
2023 · 1.15
Debt to equity
0.16▼
2023 · 0.23
ROE
-7.0%▼
2023 · -0.1%
ROA
-5.8%▼
2023 · -0.1%
Interest coverage
0.14▼
2023 · 181.31
Debt ≤ 1 year
€699k▼
2023 · €1.04M
Income taxes
€6k▲
2023 · €6k
Staff costs
€26k▲
2023 · €24k
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 · 63 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6.12M€5.45M▼
Fixed assets21/28€4.92M€4.59M▼
Tangible fixed assets22/27€813k€775k▼
Land and buildings22€792k€738k▼
Furniture and vehicles24€21k€36k▲
Financial fixed assets28€4.11M€3.81M▼
Current assets29/58€1.20M€866k▼
Amounts receivable within one year40/41€1.19M€680k▼
Trade receivables40€908k€330k▼
Other amounts receivable41€282k€350k▲
Current investments50/53-€126k
Cash at bank and in hand54/58€10k€60k▲
Equity and liabilities
Total equity and liabilities10/49€6.12M€5.45M▼
Equity10/15€4.79M€4.47M▼
Contributions10/11€4.21M€4.21M=
Reserves13€576k€375k▼
Tax-exempt reserves132€409k€375k▼
Distributable reserves133€167k€0▼
Profit (loss) carried forward14-€-114k
Provisions and deferred taxes16€251k€240k▼
Provisions for liabilities and charges160/5€115k€115k=
Environmental obligations163€115k€115k=
Other liabilities and charges164/5€0-
Deferred taxes168€136k€125k▼
Amounts payable17/49€1.08M€738k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€1.04M€699k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€5k€3k▼
Other loans439€5k€3k▼
Trade debts44€368k€366k▼
Suppliers440/4€368k€366k▼
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45€40k€42k▲
Taxes450/3€29k€26k▼
Remuneration and social security454/9€11k€17k▲
Other amounts payable47/48€626k€283k▼
Accrued charges and deferred income492/3€39k€39k=
Income statement
Code20232024
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€24k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€64k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-62k€0▲
Other operating charges640/8€63k€4k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€88k€70k▼
Operating profit (loss)9901€-10k€-24k▼
Financial income75/76B€6€1▼
Recurring financial income75€6€1▼
Financial charges65/66B€353€296k▲
Recurring financial charges65€353€296k▲
Profit (loss) for the period before taxes9903€-10k€-319k▼
Transfer from deferred taxes780€10k€11k▲
Income taxes67/77€6k€6k▲
Profit (loss) for the period9904€-6k€-314k▼
Transfer from tax-exempt reserves789€30k€34k▲
Profit (loss) for the period to be appropriated9905€24k€-281k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€-281k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€167k
Transfer to equity691/2€24k€0▼
To other reserves6921€24k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €402k | €0 | - | €3k | - |
| Remuneration, social security and pensions62 | - | €23k | €23k | €24k | €26k | ▲ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €83k | €26k | €61k | €74k | €64k | ▼ 13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €-62k | €0 | ▲ 100% |
| Other operating charges640/8 | - | €6k | €2k | €63k | €4k | ▼ 93.3% |
| Non-recurring operating charges66A | - | €478 | €265 | €0 | - | - |
| Gross operating margin9900 | €83k | €1.10M | €75k | €88k | €70k | ▼ 20.3% |
| Operating profit (loss)9901 | €-27k | €1.04M | €-11k | €-10k | €-24k | ▼ 135% |
| Financial income75/76B | - | - | - | €6 | €1 | ▼ 90.3% |
| Recurring financial income75 | - | - | - | €6 | €1 | ▼ 90.3% |
| Financial charges65/66B | - | €120 | €1 | €353 | €296k | ▲ 83,767% |
| Recurring financial charges65 | €13k | €120 | €1 | €353 | €296k | ▲ 83,767% |
| Profit (loss) for the period before taxes9903 | €-39k | €1.04M | €-11k | €-10k | €-319k | ▼ 2,965% |
| Transfer from deferred taxes780 | - | €965 | €8k | €10k | €11k | ▲ 11.5% |
| Transfer to deferred taxes680 | - | €183k | €0 | - | - | - |
| Income taxes67/77 | €5k | - | €92 | €6k | €6k | ▲ 0.1% |
| Profit (loss) for the period9904 | €-45k | €860k | €-3k | €-6k | €-314k | ▼ 4,773% |
| Transfer from tax-exempt reserves789 | - | €3k | €24k | €30k | €34k | ▲ 11.5% |
| Transfer to tax-exempt reserves689 | - | €548k | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €-45k | €315k | €21k | €24k | €-281k | ▼ 1,284% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.85M | €5.73M | €5.82M | €6.12M | €5.45M | ▼ 10.9% |
| Fixed assets21/28 | €5.02M | €4.60M | €4.91M | €4.92M | €4.59M | ▼ 6.8% |
| Tangible fixed assets22/27 | €915k | €491k | €802k | €813k | €775k | ▼ 4.8% |
| Land and buildings22 | - | €449k | €771k | €792k | €738k | ▼ 6.8% |
| Furniture and vehicles24 | - | €42k | €32k | €21k | €36k | ▲ 73.8% |
| Financial fixed assets28 | €4.11M | €4.11M | €4.11M | €4.11M | €3.81M | ▼ 7.2% |
| Current assets29/58 | €823k | €1.13M | €907k | €1.20M | €866k | ▼ 27.8% |
| Amounts receivable within one year40/41 | €806k | €1.09M | €870k | €1.19M | €680k | ▼ 42.8% |
| Trade receivables40 | - | €805k | €586k | €908k | €330k | ▼ 63.7% |
| Other amounts receivable41 | - | €281k | €284k | €282k | €350k | ▲ 24.1% |
| Current investments50/53 | €72 | €72 | - | - | €126k | - |
| Cash at bank and in hand54/58 | €17k | €41k | €37k | €10k | €60k | ▲ 476% |
| Deferred charges and accrued income490/1 | - | €2k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.85M | €5.73M | €5.82M | €6.12M | €5.45M | ▼ 10.9% |
| Equity10/15 | €4.82M | €4.77M | €4.80M | €4.79M | €4.47M | ▼ 6.6% |
| Contributions10/11 | - | €4.21M | €4.22M | €4.21M | €4.21M | = |
| Reserves13 | €38k | €583k | €577k | €576k | €375k | ▼ 34.8% |
| Non-distributable reserves130/1 | - | €6k | - | - | - | - |
| Reserves not available under the articles1311 | - | €6k | - | - | - | - |
| Tax-exempt reserves132 | - | €545k | €439k | €409k | €375k | ▼ 8.2% |
| Distributable reserves133 | - | €33k | €138k | €167k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €-341k | €-25k | €0 | - | €-114k | - |
| Provisions and deferred taxes16 | €115k | €297k | €261k | €251k | €240k | ▼ 4.5% |
| Provisions for liabilities and charges160/5 | - | €115k | €115k | €115k | €115k | = |
| Environmental obligations163 | - | €115k | - | €115k | €115k | = |
| Other liabilities and charges164/5 | - | - | €115k | €0 | - | - |
| Deferred taxes168 | - | €182k | €146k | €136k | €125k | ▼ 8.2% |
| Amounts payable17/49 | €914k | €661k | €760k | €1.08M | €738k | ▼ 31.7% |
| Amounts payable after more than one year17 | €52k | €52k | €52k | €0 | - | - |
| Financial debts170/4 | - | €52k | €52k | €0 | - | - |
| Amounts payable within one year42/48 | €829k | €537k | €636k | €1.04M | €699k | ▼ 32.9% |
| Current portion of amounts payable after more than one year42 | - | - | €5k | €0 | - | - |
| Financial debts43 | - | €7k | - | €5k | €3k | ▼ 47.4% |
| Credit institutions430/8 | - | €3k | - | - | - | - |
| Other loans439 | - | €4k | - | €5k | €3k | ▼ 47.4% |
| Trade debts44 | €457k | €449k | €511k | €368k | €366k | ▼ 0.3% |
| Suppliers440/4 | - | €449k | €511k | €368k | €366k | ▼ 0.3% |
| Advances received on contracts in progress46 | - | - | - | €4k | €4k | = |
| Taxes, remuneration and social security45 | - | €69k | €105k | €40k | €42k | ▲ 7.5% |
| Taxes450/3 | - | €54k | €76k | €29k | €26k | ▼ 10.7% |
| Remuneration and social security454/9 | - | €15k | €29k | €11k | €17k | ▲ 55.0% |
| Other amounts payable47/48 | - | €12k | €15k | €626k | €283k | ▼ 54.7% |
| Accrued charges and deferred income492/3 | - | €72k | €72k | €39k | €39k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-45k | €860k | €-3k | €-6k | €-314k | ▼ 4,773% |
| + Depreciation and write-downs630 | €83k | €26k | €61k | €74k | €64k | ▼ 13.1% |
| Operating cash flow (approximation) | €38k | €887k | €58k | €68k | €-250k | ▼ 470% |
| Investment in fixed assets (approximation) | - | €398k | €-372k | €-85k | €270k | ▲ 418% |
| Change in cash | - | €25k | €-5k | €-26k | €50k | ▲ 290% |
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
2026
19-08
State Gazette act
Appointment: EUROPEAN AND ABROAD REAL ESTATE INVESTMENTS (director)Permanent representative: Ilse Vandoninck · Mandate compensation · Power of attorney5 facts ▸
State Gazette act
Appointment: EUROPEAN AND ABROAD REAL ESTATE INVESTMENTS (director)
Permanent representative: Ilse Vandoninck · Mandate compensation · Power of attorney5 facts ▸
- General meeting, 30-06-2026
- Director appointment, EUROPEAN AND ABROAD REAL ESTATE INVESTMENTS (director)
- Permanent representative, Ilse Vandoninck
- Mandate compensation, EUROPEAN AND ABROAD REAL ESTATE INVESTMENTS
- Power of attorney, PKF Bofidi Accountants & Advisers BV
2025
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 126 days late
2024
31-12
Financial
Weakest financial yearnet €-314k
Net result drops to €-314k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 298 days late
2021
31-12
Financial
Back to profitnet €860k
Net result €860k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.11
Current ratio from 0.99 to 2.11; short-term debt falls from €829k to €537k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
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
1 director, last change in 2025
EUROPEAN AND ABROAD REAL ESTATE INVESTMENTS
CurrentDirector · since 01-06-2025 · Public limited company · perm. rep.: Ilse Vandoninck
01-06-2025
Appointed as Director
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 1992
Ground area
2,776 m²
Building footprint
721 m²
Volume, LiDAR
3,314 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
JADECO
since 19922.057.598.741
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077C0023/00D000 | Flanders | 1,715 m² | 1 · 381 m² | 7.9 m · 2 fl. |
| 23061A0203/00K000 | Flanders | 1,060 m² | 1 · 339 m² | 7.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,495. 1,193 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
Founded15-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.