Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Jordan & Ray from Gent, company number BE0884287335, closed financial year 2025 with a result of € 13,435 after tax. For that financial year Jordan & Ray recorded a gross margin of € 36,967 and equity of € -70,555. Compared with financial year 2024, the result moved from € 4,551 to € 13,435. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ -70,555
▲ € 13,435 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,435
▲ 195% vs 2024
Profit after tax over the fiscal year.
€ 18,989
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -82,955.
Debts at end 2025
€ 94,269
▼ 13% vs 2024
€ 11,518 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 20,491
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,010
▲ 109% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 53,105 | € 40,438 | € 26,137 | € 36,967 | ▲ 41% |
| Profit after taxes | € 33,157 | € 17,405 | € 4,551 | € 13,435 | ▲ 195% |
| Equity | € -105,946 | € -88,541 | € -83,990 | € -70,555 | ▲ € 13,435 |
| Total debts | € 258,696 | € 237,097 | € 227,904 | € 236,778 | ▲ 4% |
| Cash | € 13,374 | € 15,365 | € 14,681 | € 18,989 | ▲ 29% |
| Land & buildings | € 81,675 | € 72,600 | € 63,525 | € 67,495 | ▲ 6% |
| Retained profit | € -118,346 | € -100,941 | € -96,390 | € -82,955 | ▲ € 13,435 |
| Bank debt | € 130,780 | € 118,494 | € 108,469 | € 94,269 | ▼ 13% |
| Balance sheet total | € 152,749 | € 148,556 | € 143,914 | € 166,223 | ▲ 16% |
Key figures of Jordan & Ray, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Jordan & Ray?
What happened at Jordan & Ray in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,435 (▲ 195% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 33,157 profit in 2022 to € 13,435 profit in 2025.
Paid € 8,019 in corporate taxes since 2022.
Best year ever: 2022, with € 33,157 profit.
Establishments
Establishment units
Physical locations of this company
Muinklaan 22
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
KINAMO-BACKBONE, BE
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DE CLERCK Anne Marie Hélène(oprichter) 100%
Details
- Company number
- 0884.287.335
- VAT number
- BE 0884.287.335
- Registered office
- Muinklaan 22, 9000 Gent
- Names & denominations
- Jordan & Ray
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2006
- Peppol
- Active · Active since 21 Dec 2025
- Contact
- jordanray.be [email protected]
- Activities · NACE
Activiteiten van advocaten