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JAHECO

Active Private limited companyfounded 2019active for 6 yearsWittemoer 39, 9940 EvergemKBO/BCE: BE 0737.690.839

Lifetime

5 annual accounts with figures on one time axis
peak €35,508 (2024)
€12,090▼ 66.0%
lowest -€5,126 (2025)
-€5,126▼ €18,456
peak €35,510 (2024)
€30,384▼ 14.4%
€16,590▲ 18.5%
Board1 name since 2019
Documentsfilings and deeds
03-03-202658 days before the deadline
2025micro format
Gross margin from €35,508 to €12,090Loss of €5,126Equity from €35,510 to €30,384Debts from €14,002 to €16,590Cash from €5,710 to €0

Key points

from the 2025 annual accounts

Turnover

≈ €82,000 estimated

The micro format states no turnover.

Filings

5 annual accounts since 2021
deadline20222024

The last five annual accounts were filed 43 to 65 days before the end of the period.

Position in the sector

-€5,126

Lower net result than 84% of companies in fabricated metal products. Sector median €12,151 · 2,343 companies.

Checked score

53
Fair
Financially stronger than 36% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 2.2%▲ +0.1 percentage points vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025highest value 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 0.9%▼ -1.3 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▼ -0.1 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025lowest value 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 1.0%▲ +0.1 percentage points vs 12-2025 02-2026: 0.9%▼ -0.1 percentage points vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 2.0%▲ +1.1 percentage points vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 2.0%● unchanged vs 07-2026 09-2026: 2.0%● unchanged vs 08-2026 10-2026: 2.0%● unchanged vs 09-2026 11-2026: 2.0%● unchanged vs 10-2026

Financial strength
Strong

90-7equity 64.7% of total assets
40-14short-term debt 25.7% · cash 0.0%
55-45return on assets -10.9%

Score breakdown

raises risk
Liquidity: current ratio 0.92, cash €0, halved
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Founded in 2019
Loss of €5,126 (financial year 2025)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 69% of them on solvency, 28% on liquidity, 25% on profitability and 20% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,591 companies had the same profile as JAHECO has now. Each dot stands for 9 companies, two years later.

87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of JAHECO itself: 2.0% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,591 companies, not a prediction for JAHECO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.92 (1.03 in 2024), below 1. Short-term debt is 25.7% and cash 0% of total assets. 35.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.92, cash €0, halved
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €5,126 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-03-2026, 58 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
58 days early
2024
43 days early
2023
47 days early
2022
46 days early
2021
65 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 52 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 15 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • HEYMAN Jan Adelijn Marleen 99 sharesdeed of 19-11-2019
  • DE BAETS Kristel Jeannette Georges 1 sharedeed of 19-11-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0737690839
Incorporation Founders: HEYMAN Jan Adelijn Marleen and DE BAETS Kristel Jeannette Georges · 100 shares · Appointment: HEYMAN Jan Adelijn Marleen (statutory director) · published on 19-11-2019 · Gazette deed
First establishment Wittemoer 39, Evergem
All 11 events

Comparable companies

same main activity, similar in size and age
Company
JAHECO Evergem €46,974 €12,090 64.7% -
JnZ Ittre €54,826 €9,538 62.2% -
S & OLIVEIRA Enghien €49,097 €9,004 64.4% -
Welding Team Aalst €31,618 €12,313 41.4% -
PVF Theux €55,010 €10,673 49.2% -
KINOX Soumagne €63,064 €14,816 35.2% -
RAMPART Tremelo €58,431 €13,448 34.2% -

These companies have the same main activity as JAHECO: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €31,600 and €63,100, founded between 2018 and 2021.

Official details

Source: KBO
Status
Active since 14-11-2019Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110and 1 other
Establishment unit
2.295.768.1859940 Evergem, since 14-11-2019
Financial year end
30 September
Peppol
Reachable since 19-03-2025
Company details

Annual accounts to 30-09-2025

€46,974▼ 5.1%
Filing
Filed on 03-03-2026, 58 days before the end of the filing period
Financials

Insights on JAHECO

JAHECO files the micro format. That format states no turnover. The gross margin fell from €25,808 in 2021 to €12,090 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about JAHECO

What is the company number of JAHECO?
The company number of JAHECO is 0737.690.839. The VAT number is the same number with BE in front: BE 0737.690.839.
Where is JAHECO based?
The registered office is at Wittemoer 39, 9940 Evergem.Company details
What does JAHECO do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of JAHECO?
JAHECO is a private limited company (BV).
When was JAHECO founded?
JAHECO was founded on 14-11-2019.
Is JAHECO still active?
Yes, JAHECO is an active enterprise in the KBO register.
What is the turnover of JAHECO?
The turnover in financial year 2025 is ≈ €82,000. This figure is estimated from the gross margin of €12,090 and 35 comparable companies (NACE 25). It probably lies between €34,000 and €160,000. It is a rough estimate.Financials
Is JAHECO profitable?
In financial year 2025, JAHECO made a loss of €5,126.
Where can I find the annual accounts of JAHECO?
JAHECO filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JAHECO due?
JAHECO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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