JAN DESMET is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.07M and a net result of €157k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 2385 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
27 d early
2023
36 d early
2022
38 d early
2021
5 d early
2020
3 d early
2019
58 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€3.07M▲ 3.6%
2024 · €2.96M
2018: €1.01M
2019: €1.06M
2020: €2.49M
2021: €2.53M
2022: €2.72M
2023: €2.75M
2024: €2.96M
2018 → 2025
Net result
€157k▼ 26.4%
2024 · €213k
2018: €609k
2019: €50k
2020: €1.43M
2021: €36k
2022: €194k
2023: €24k
2024: €213k
2018 → 2025
Total assets
€5.08M▲ 2.4%
2024 · €4.96M
2018: €3.02M
2019: €3.11M
2020: €4.64M
2021: €4.54M
2022: €4.73M
2023: €4.76M
2024: €4.96M
2018 → 2025
Solvency
60.3%▲ 0.7pp
2024 · 59.6%
2018: 33.4%
2019: 34.1%
2020: 53.7%
2021: 55.7%
2022: 57.5%
2023: 57.7%
2024: 59.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€252k-€252k=€260k▲ 3.3%€277k▲ 6.5%€277k=
Equity€2.53M-€2.72M▲ 7.7%€2.75M▲ 0.9%€2.96M▲ 7.8%€3.07M▲ 3.6%
Operating result€139k-€349k▲ 151%€119k▼ 65.8%€364k▲ 205%€263k▼ 27.8%
Net result€36k-€194k▲ 445%€24k▼ 87.5%€213k▲ 777%€157k▼ 26.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.08M
Fixed assets
€2.56M=
Current assets
€2.52M▲ 5.0%
Equity and liabilities €5.08M
Equity
€3.07M▲ 3.6%
Provisions
€1.90M▼ 0.7%
Debt
€113k▲ 28.9%
The debt ratio rises from 1.8% to 2.2%. Equity and debt are higher.
Key figures and ratios
Solvency
60.3%▲
2024 · 59.6%
ROE
5.1%▼
2024 · 7.2%
ROA
3.1%▼
2024 · 4.3%
Debt
€113k▲
2024 · €88k
Debt ≤ 1 year
€60k▲
2024 · €44k
Income taxes
€31k▼
2024 · €72k
Staff costs
€137k▲
2024 · €84k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.96M€5.08M▲
Fixed assets21/28€2.56M€2.56M=
Tangible fixed assets22/27€818€0▼
Furniture and vehicles24€818€0▼
Financial fixed assets28€2.56M€2.56M=
Affiliated companies280/1€2.56M€2.56M=
Participating interests280€2.56M€2.56M=
Current assets29/58€2.40M€2.52M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.08M€138k▼
Trade receivables40€44k€44k=
Other amounts receivable41€1.04M€94k▼
Current investments50/53-€1.99M
Other investments51/53-€1.99M
Cash at bank and in hand54/58€1.31M€383k▼
Deferred charges and accrued income490/1€9k€14k▲
Equity and liabilities
Total equity and liabilities10/49€4.96M€5.08M▲
Equity10/15€2.96M€3.07M▲
Contributions10/11€58k€58k=
Reserves13€2.90M€3.01M▲
Distributable reserves133€2.90M€3.01M▲
Provisions and deferred taxes16€1.92M€1.90M▼
Provisions for liabilities and charges160/5€1.92M€1.90M▼
Other liabilities and charges164/5€1.92M€1.90M▼
Amounts payable17/49€88k€113k▲
Amounts payable within one year42/48€44k€60k▲
Trade debts44€27k€24k▼
Suppliers440/4€27k€24k▼
Taxes, remuneration and social security45€17k€37k▲
Taxes450/3€110€5k▲
Remuneration and social security454/9€17k€32k▲
Accrued charges and deferred income492/3€44k€53k▲
Income statement
Code20242025
Operating income70/76A€741k€734k▼
Turnover70€277k€277k=
Other operating income74€463k€457k▼
Operating charges60/66A€377k€471k▲
Services and other goods61€291k€332k▲
Remuneration, social security and pensions62€84k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€818▼
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€364k€263k▼
Financial income75/76B€29k€70k▲
Recurring financial income75€29k€70k▲
Income from current assets751€29k€69k▲
Other financial income752/9€0€87▲
Financial charges65/66B€108k€145k▲
Recurring financial charges65€108k€145k▲
Debt charges650€107k€109k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€29k
Other financial charges652/9€523€6k▲
Profit (loss) for the period before taxes9903€285k€188k▼
Income taxes67/77€72k€31k▼
Taxes670/3€72k€31k▼
Profit (loss) for the period9904€213k€157k▼
Profit (loss) for the period to be appropriated9905€213k€157k▼
Appropriation of the result
Profit (loss) to be appropriated9906€213k€157k▼
Transfer to equity691/2€213k€157k▼
To other reserves6921€213k€157k▼
Social balance
Average headcount (FTE)90871.42.0▲
The notes to these accounts (35 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €24k ▼87.5%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 56.63
Current ratio from 13.00 to 56.63; short-term debt falls from €160k to €35k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €1.43M ▲2746%
Net result €1.43M, the highest in the series.
31-12
Financial
Equity above €2MEq €2.49M ▲135%
3 profitable years in a row build equity to €2.49M.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 27current ratio 11.20
Current ratio from 0.42 to 11.20; short-term debt falls from €1.10M to €49k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wervik · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Robert Klingstraat 358940 WervikGround area
1.0 ha
Building footprint
3,448 m²
Volume, LiDAR
20,540 m³
Parcel 33029B0759/00B002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jan Desmet
since 20042.136.692.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0759/00B002 | Flanders | 1.0 ha | 1 · 3,448 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 16,028 EUR awarded · 16,028 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1 EUR | 1 EUR |
| 2024 | 1 | 6,773 EUR | 6,773 EUR |
| 2023 | 1 | 9,254 EUR | 9,254 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 9,643 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2004
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.