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JABO

Active
Public limited companyfounded 199332 yrs activeRechtestraat 49, 3120 Tremelo, BelgiumKBO/BCE: BE 0451.783.438
Summary

JABO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,565 and a net result of -€72,245. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 259 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency44▼-51
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.33 against 2.94 in 2024; short-term debt: 68.2% and cash: 1% of total assets), and 81.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.7%
Return on assets
-19.2%
Age of the figures
18 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Investigation and security activities (NACE 80)
about 5% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€72,245
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
3 d early
2023
1 d early
2022
4 d early
2021
4 d early
2020
3 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

JABO was incorporated on 31 December 1993.1 Total assets fell from EUR 834,172 in 2019 to EUR 376,826 in 2025 and headcount from 1 full-time equivalents in 2019 to 1 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€70,565▼ 80.1%
2024 · €355,156
Total assets
€376,826▼ 25.6%
2024 · €506,733
Net result
-€72,245▲ 47.8%
2024 · -€138,486
Working capital
-€172,014
2024 · €122,063
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€153,518-€53,891€232,446-€130,300-€66,049▲ 49.3%
Net result€104,546above the sector's middle half-€64,411below the sector's middle half€173,938above the sector's middle half-€138,486below the sector's middle half-€72,245below the sector's middle half▲ 47.8%
Equity€384,115above the sector's middle half▲ 37.4%€319,704above the sector's middle half▼ 16.8%€493,642above the sector's middle half▲ 54.4%€355,156above the sector's middle half▼ 28.1%€70,565within the sector's middle half▼ 80.1%
Total assets€854,784above the sector's middle half▲ 22.7%€667,080above the sector's middle half▼ 22.0%€707,187above the sector's middle half▲ 6.0%€506,733above the sector's middle half▼ 28.3%€376,826above the sector's middle half▼ 25.6%
Debt€470,669▲ 12.8%€347,376▼ 26.2%€213,545▼ 38.5%€151,577▼ 29.0%€306,261▲ 102%
Working capital€75,290within the sector's middle half€23,426within the sector's middle half▼ 68.9%€243,217above the sector's middle half▲ 938%€122,063above the sector's middle half▼ 49.8%-€172,014below the sector's middle half
Solvency44.9%within the sector's middle half▲ 4.8pp47.9%within the sector's middle half▲ 3.0pp69.8%above the sector's middle half▲ 21.9pp70.1%within the sector's middle half▲ 0.3pp18.7%within the sector's middle half▼ 51.4pp
Current ratio1.39within the sector's middle half▲ 0.411.17within the sector's middle half▼ 0.224.69above the sector's middle half▲ 3.522.94within the sector's middle half▼ 1.750.33below the sector's middle half▼ 2.61
Return on assets (ROA)12.2%within the sector's middle half▲ 14.6pp-9.7%below the sector's middle half▼ 21.9pp24.6%above the sector's middle half▲ 34.3pp-27.3%below the sector's middle half▼ 51.9pp-19.2%below the sector's middle half▲ 8.2pp
Staff (FTE)1=1=
above within below the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000€200,000Operating result 2021: €153,518€153,518Net result 2021: €104,546€104,546Operating result 2022: -€53,891-€53,891Net result 2022: -€64,411-€64,411Operating result 2023: €232,446€232,446Net result 2023: €173,938€173,938Operating result 2024: -€130,300-€130,300Net result 2024: -€138,486-€138,486Operating result 2025: -€66,049-€66,049Net result 2025: -€72,245-€72,24520212022202320242025-€200,000-€100,000€0€100,000€200,000Operating result 2023: €232,446€232,000Net result 2023: €173,938€174,000Operating result 2024: -€130,300-€130,000Net result 2024: -€138,486-€138,000Operating result 2025: -€66,049-€66,000Net result 2025: -€72,245-€72,200202320242025
The operating result stays negative: a loss of €66,049 in 2025 against €130,300 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €376,826
Fixed assets €292,003 ▼ 9.2%
Current assets €84,823 ▼ 54.1%
Equity and liabilities €376,826
Equity €70,565 ▼ 80.1%
Debt €306,261 ▲ 102%
Debt's share of the balance-sheet total rises from 29.9% to 81.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€45,326▼
2024 · -€44,770
Cash flow
-€51,523▲
2024 · -€52,955
Debt to equity
4.34▲
2024 · 0.43
ROE
-102.4%▼
2024 · -39.0%
Interest coverage
-7.66▼
2024 · -5.64
Debt ≤ 1 year
€256,836▲
2024 · €62,935
Debt > 1 year
€49,425▼
2024 · €88,642
Income taxes
€284▲
2024 · €245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,221 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
3.8% went bankrupt
7.4% stopped otherwise
88% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,221 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€506,733€376,826▼
Fixed assets21/28€321,735€292,003▼
Tangible fixed assets22/27€321,601€291,869▼
Land and buildings22€263,219€249,660▼
Plant, machinery and equipment23€1,056€471▼
Furniture and vehicles24-€439
Leasing and similar rights25€25,247€9,221▼
Other tangible fixed assets26€32,079€32,079=
Financial fixed assets28€134€134=
Current assets29/58€184,998€84,823▼
Amounts receivable within one year40/41€63,923€75,979▲
Trade receivables40€7,308€835▼
Other amounts receivable41€56,614€75,145▲
Current investments50/53€2,704€2,704=
Cash at bank and in hand54/58€115,452€3,607▼
Deferred charges and accrued income490/1€2,919€2,532▼
Equity and liabilities
Total equity and liabilities10/49€506,733€376,826▼
Equity10/15€355,156€70,565▼
Contributions10/11€123,947€123,947=
Capital10€123,947€123,947=
Issued capital100€123,947€123,947=
Reserves13€276,151€63,805▼
Non-distributable reserves130/1€13,805€13,805=
Legal reserve130€13,805€13,805=
Distributable reserves133€262,346€50,000▼
Profit (loss) carried forward14-€44,942-€117,187▼
Amounts payable17/49€151,577€306,261▲
Amounts payable after more than one year17€88,642€49,425▼
Financial debts170/4€70,794€31,577▼
Other amounts payable178/9€17,848€17,848=
Amounts payable within one year42/48€62,935€256,836▲
Current portion of amounts payable after more than one year42€59,145€39,189▼
Financial debts43€1,713€1,748▲
Credit institutions430/8€1,713€1,748▲
Trade debts44€2,078€3,554▲
Suppliers440/4€2,078€3,554▲
Taxes, remuneration and social security45-€12,186
Taxes450/3-€12,186
Other amounts payable47/48-€200,161
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85,531€20,722▼
Other operating charges640/8€10,507€10,995▲
Non-recurring operating charges66A€0€9,888▲
Gross operating margin9900-€34,262-€24,443▲
Operating profit (loss)9901-€130,300-€66,049▲
Financial income75/76B€1€2▲
Recurring financial income75€1€2▲
Financial charges65/66B€7,941€5,915▼
Recurring financial charges65€7,941€5,915▼
Profit (loss) for the period before taxes9903-€138,241-€71,961▲
Income taxes67/77€245€284▲
Profit (loss) for the period9904-€138,486-€72,245▲
Profit (loss) for the period to be appropriated9905-€138,486-€72,245▲
Appropriation of the result
Profit (loss) to be appropriated9906-€138,486-€117,187▲
Profit (loss) brought forward from the previous period14P€0-€44,942▼
Transfer from equity791/2€93,544€212,346▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€212,346
Return on contributions (dividend)694-€212,346

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€362,114€0--
Remuneration, social security and pensions62-€24,694€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72,256€82,358€80,673€85,531€20,722▼ 75.8%
Other operating charges640/8-€10,908€12,155€10,507€10,995▲ 4.6%
Non-recurring operating charges66A-€83€70€0€9,888-
Gross operating margin9900€270,652€64,152€325,344-€34,262-€24,443▲ 28.7%
Operating profit (loss)9901€153,518-€53,891€232,446-€130,300-€66,049▲ 49.3%
Financial income75/76B-€7€0€1€2▲ 215%
Recurring financial income75€0€7€0€1€2▲ 215%
Financial charges65/66B-€10,244€9,206€7,941€5,915▼ 25.5%
Recurring financial charges65€11,387€10,244€9,206€7,941€5,915▼ 25.5%
Profit (loss) for the period before taxes9903€152,531-€64,128€223,239-€138,241-€71,961▲ 47.9%
Income taxes67/77€47,985€283€49,301€245€284▲ 15.9%
Profit (loss) for the period9904€104,546-€64,411€173,938-€138,486-€72,245▲ 47.8%
Profit (loss) for the period to be appropriated9905€104,546-€64,411€173,938-€138,486-€72,245▲ 47.8%
Line20212022202320242025Change
Assets
Total assets20/58€854,784€667,080€707,187€506,733€376,826▼ 25.6%
Fixed assets21/28€585,540€504,935€398,000€321,735€292,003▼ 9.2%
Tangible fixed assets22/27€585,405€504,801€397,866€321,601€291,869▼ 9.2%
Land and buildings22-€405,615€321,063€263,219€249,660▼ 5.2%
Plant, machinery and equipment23-€6,599€4,461€1,056€471▼ 55.4%
Furniture and vehicles24----€439-
Leasing and similar rights25-€65,735€45,491€25,247€9,221▼ 63.5%
Other tangible fixed assets26-€26,851€26,851€32,079€32,079=
Financial fixed assets28€134€134€134€134€134=
Current assets29/58€269,245€162,145€309,187€184,998€84,823▼ 54.1%
Amounts receivable within one year40/41€47,798€49,497€49,425€63,923€75,979▲ 18.9%
Trade receivables40-€1,500€1,500€7,308€835▼ 88.6%
Other amounts receivable41-€47,996€47,925€56,614€75,145▲ 32.7%
Current investments50/53€2,704€2,704€2,704€2,704€2,704=
Cash at bank and in hand54/58€218,743€107,631€254,505€115,452€3,607▼ 96.9%
Deferred charges and accrued income490/1-€2,313€2,552€2,919€2,532▼ 13.3%
Equity and liabilities
Total equity and liabilities10/49€854,784€667,080€707,187€506,733€376,826▼ 25.6%
Equity10/15€384,115€319,704€493,642€355,156€70,565▼ 80.1%
Contributions10/11€123,947€123,947€123,947€123,947€123,947=
Capital10-€123,947€123,947€123,947€123,947=
Issued capital100-€123,947€123,947€123,947€123,947=
Reserves13€260,169€226,151€369,695€276,151€63,805▼ 76.9%
Non-distributable reserves130/1-€13,805€13,805€13,805€13,805=
Legal reserve130-€13,805€13,805€13,805€13,805=
Distributable reserves133-€212,346€355,890€262,346€50,000▼ 80.9%
Profit (loss) carried forward14--€30,394€0-€44,942-€117,187▼ 161%
Amounts payable17/49€470,669€347,376€213,545€151,577€306,261▲ 102%
Amounts payable after more than one year17€276,714€208,657€147,576€88,642€49,425▼ 44.2%
Financial debts170/4-€190,808€129,727€70,794€31,577▼ 55.4%
Other amounts payable178/9-€17,848€17,848€17,848€17,848=
Amounts payable within one year42/48€193,955€138,720€65,970€62,935€256,836▲ 308%
Current portion of amounts payable after more than one year42-€68,098€61,351€59,145€39,189▼ 33.7%
Financial debts43-€41,351€1,718€1,713€1,748▲ 2.0%
Credit institutions430/8-€41,351€1,718€1,713€1,748▲ 2.0%
Trade debts44€12,062€1,604€2,901€2,078€3,554▲ 71.0%
Suppliers440/4-€1,604€2,901€2,078€3,554▲ 71.0%
Taxes, remuneration and social security45-€2,667€0-€12,186-
Taxes450/3----€12,186-
Remuneration and social security454/9-€2,667€0---
Other amounts payable47/48-€25,000€0-€200,161-
Line20212022202320242025Change
Profit (loss) for the period9904€104,546-€64,411€173,938-€138,486-€72,245▲ 47.8%
+ Depreciation and write-downs630€72,256€82,358€80,673€85,531€20,722▼ 75.8%
Operating cash flow (approximation)€176,802€17,947€254,611-€52,955-€51,523▲ 2.7%
Investment in fixed assets (approximation)--€1,753€26,262-€9,266€9,009▲ 197%
Change in cash--€111,112€146,874-€139,052-€111,845▲ 19.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Weakest financial yearnet -€138,486
Net result drops to -€138,486, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Back to profitnet €173,938
Net result €173,938 after one loss-making year.
31-03
Financial Liquidity quadruplescurrent ratio 4.69
Current ratio from 1.17 to 4.69; short-term debt falls from €138,720 to €65,970.
2022
27-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Back to profitnet €104,546
Net result €104,546 after one loss-making year.
2020
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
11-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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, Tremelo · 2 establishment units since 1994
seat establishment approximate All 2 establishment units on the map
Ground area
4,496 m²
Building footprint
253 m²
Volume, LiDAR
3,454 m³
2 parcels, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
JABO NV
Rechtestraat 49, 3120 TremeloInsurance, reinsurance and pension funding, except compulsory social security
since 19942.065.279.359
BOLLEN & JAEKEN VASTGOED
Schoenmarkt 4, 2800 MechelenReal estate activities
since 20132.230.203.115
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24109A0267/00B000 Flanders 4,242 m² - -
12025D0006/00B000
ProtectedMonument · Townscape or village viewBurgerhuis 't VerkenSource ↗
Flanders 253 m² 1 · 253 m² 17.3 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 92 EUR paid
Year Entries awardedpaid
2023 1 0 EUR92 EUR
Schemes
1 entry · 92 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 700 companies in sector 80010 we hold annual accounts for 349. 264 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded31-12-1993
Fiscal year end31-03
Activities, NACEBEL 2025
80010Investigation and private security services
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0451783438
Also 9925:BE0451783438
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.