Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
JADECO from Sint-Pieters-Leeuw, company number BE0447046769, closed financial year 2024 with a result of € -314,336 after tax. For that financial year JADECO recorded a gross margin of € 70,410 and equity of € 4.5 million. Compared with financial year 2023, the result moved from € -6,450 to € -314,336. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 4, 2025.
€ 4.5 million
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -314,336
▼ 4773 % more loss than in 2023
Profit after tax over the fiscal year.
€ 60,027
▲ € 49,614 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 261,856.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 25,546
▲ 5% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,377
▲ 74% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2,676
▼ 47% vs 2023
Loans from banks and other lenders, long and short.
€ 366,476
Supplier invoices still open on the last day of the fiscal year.
€ 42,490
▲ 7% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,098,384 | € 75,304 | € 88,396 | € 70,410 | ▼ 20% |
| Profit after taxes | € 860,491 | € -2,964 | € -6,450 | € -314,336 | ▼ € 307,885 |
| Equity | € 4,770,748 | € 4,795,142 | € 4,788,692 | € 4,474,356 | ▼ 7% |
| Total debts | € 660,524 | € 759,925 | € 1,080,714 | € 737,834 | ▼ 32% |
| Cash | € 41,147 | € 36,559 | € 10,412 | € 60,027 | ▲ € 49,614 |
| Land & buildings | € 449,167 | € 770,922 | € 792,471 | € 738,207 | ▼ 7% |
| Retained profit | € 558,248 | € 577,065 | € 576,192 | € 261,856 | ▼ 55% |
| Bank debt | € 59,713 | € 57,718 | € 5,092 | € 2,676 | ▼ 47% |
| Balance sheet total | € 5,727,959 | € 5,816,483 | € 6,120,768 | € 5,452,338 | ▼ 11% |
Key figures of JADECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to JADECO?
What happened at JADECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 314,336. filed late Source: NBB ↗
- Frank Coddens became a director. NBB
- New establishment in Sint-Pieters-Leeuw. KBO
- Start of the company according to the CBE. KBO
In short
From € 860,491 profit in 2021 to € 314,336 loss in 2024.
Paid € 12,258 in corporate taxes since 2021.
Best year ever: 2021, with € 860,491 profit.
Management
Behind JADECO is Frank Coddens. The shares are held by Frank Coddens.
Directors
According to the 2024 annual accounts
Frank Coddens
Director
Is a shareholder
Also active at: VAN GOGH, EUROPEAN AND ABROAD REAL ESTATE INVESTMENTS, TIM, CO & CA, EOTS, CO & CA immo, ABRI-HOME
since 2011
Shareholders
Frank Coddens · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pelikaanberg 40
1600 Sint-Pieters-Leeuw
Victor Nonnemanstraat 36A
1600 Sint-Pieters-Leeuw
Active since 22 May 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.046.769
- VAT number
- BE 0447.046.769
- Registered office
- Pelikaanberg 40, 1600 Sint-Pieters-Leeuw
- Names & denominations
- JADECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 1992
- Peppol
- Active · Active since 10 Apr 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van hoofdkantoren
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen