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JARA

Active
Public limited companyfounded 197649 yrs activeSint-Jansbergstraat 7, 3545 Halen, BelgiumKBO/BCE: BE 0416.700.122
Summary

JARA has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €580,920 and a net result of -€13,311. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability20▼-2
Solvency93▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 29.3% and cash: 0% of total assets), and 31.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 49 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
68.3%
Return on assets
-1.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
16 d early
2022
35 d early
2021
17 d late
2020
on the day
2019
5 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 11 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

JARA was incorporated on 14 December 1976.1 Total assets went from EUR 852,866 in 2018 to EUR 850,022 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€580,920▼ 2.2%
2023 · €594,231
Total assets
€850,022▼ 0.1%
2023 · €850,754
Net result
-€13,311▼ 109%
2023 · -€6,363
Working capital
-€247,705▼ 2.7%
2023 · -€241,117
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€6,922▼ 0.8%€7,034▲ 1.6%€6,655▼ 5.4%€7,437▲ 11.8%€6,484▼ 12.8%
Net result-€2,666▲ 40.2%-€2,407▲ 9.7%-€3,213▼ 33.5%-€6,363▼ 98.0%-€13,311▼ 109%
Equity€606,214▼ 0.4%€603,806▼ 0.4%€600,593▼ 0.5%€594,231▼ 1.1%€580,920▼ 2.2%
Total assets€851,972▼ 0.2%€852,202=€850,173▼ 0.2%€850,754▲ 0.1%€850,022▼ 0.1%
Debt€245,758▲ 0.3%€248,395▲ 1.1%€249,580▲ 0.5%€256,523▲ 2.8%€269,103▲ 4.9%
Working capital-€234,877▼ 1.6%-€236,645▼ 0.8%-€238,760▼ 0.9%-€241,117▼ 1.0%-€247,705▼ 2.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2020: €6,922€6,922Net result 2020: -€2,666-€2,666Operating result 2021: €7,034€7,034Net result 2021: -€2,407-€2,407Operating result 2022: €6,655€6,655Net result 2022: -€3,213-€3,213Operating result 2023: €7,437€7,437Net result 2023: -€6,363-€6,363Operating result 2024: €6,484€6,484Net result 2024: -€13,311-€13,31120202021202220232024-€20,000-€10,000€0€10,000Operating result 2022: €6,655€6,650Net result 2022: -€3,213-€3,210Operating result 2023: €7,437€7,440Net result 2023: -€6,363-€6,360Operating result 2024: €6,484€6,480Net result 2024: -€13,311-€13,300202220232024
The operating result falls in 2024; 2024 is 13% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €850,022
Fixed assets €848,347 ▼ 0.1%
Current assets €1,675 ▲ 1.2%
Equity and liabilities €850,022
Equity €580,920 ▼ 2.2%
Debt €269,103 ▲ 4.9%
Debt's share of the balance-sheet total rises from 30.2% to 31.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€7,235▼
2023 · €7,437
Cash flow
-€12,560▼
2023 · -€6,363
Current ratio
0.01▼
2023 · 0.01
Debt to equity
0.46▲
2023 · 0.43
ROE
-2.3%▼
2023 · -1.1%
ROA
-1.6%▼
2023 · -0.7%
Interest coverage
0.37▼
2023 · 0.54
Debt ≤ 1 year
€249,380▲
2023 · €242,773
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

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

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 8,616 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 · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€850,754€850,022▼
Fixed assets21/28€849,098€848,347▼
Tangible fixed assets22/27€849,098€848,347▼
Land and buildings22€849,098€848,347▼
Current assets29/58€1,656€1,675▲
Cash at bank and in hand54/58€392€381▼
Deferred charges and accrued income490/1€1,264€1,294▲
Equity and liabilities
Total equity and liabilities10/49€850,754€850,022▼
Equity10/15€594,231€580,920▼
Contributions10/11€668,020€668,020=
Capital10€668,020€668,020=
Issued capital100€668,020€668,020=
Reserves13€2,796€2,796=
Non-distributable reserves130/1€2,796€2,796=
Legal reserve130€2,697€2,697=
Reserves not available under the articles1311€99€99=
Distributable reserves133€0-
Profit (loss) carried forward14-€76,586-€89,897▼
Amounts payable17/49€256,523€269,103▲
Amounts payable within one year42/48€242,773€249,380▲
Trade debts44€143€0▼
Suppliers440/4€143€0▼
Other amounts payable47/48€242,630€249,380▲
Accrued charges and deferred income492/3€13,750€19,722▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€751▲
Other operating charges640/8€2,155€2,207▲
Gross operating margin9900€9,592€9,441▼
Operating profit (loss)9901€7,437€6,484▼
Financial charges65/66B€13,800€19,795▲
Recurring financial charges65€13,800€19,795▲
Profit (loss) for the period before taxes9903-€6,363-€13,311▼
Profit (loss) for the period9904-€6,363-€13,311▼
Profit (loss) for the period to be appropriated9905-€6,363-€13,311▼
Appropriation of the result
Profit (loss) to be appropriated9906-€88,130-€89,897▼
Profit (loss) brought forward from the previous period14P-€81,767-€76,586▲
Transfer from equity791/2€11,544€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€751€751€751€0€751-
Other operating charges640/8-€1,918€1,962€2,155€2,207▲ 2.4%
Gross operating margin9900€9,598€9,703€9,368€9,592€9,441▼ 1.6%
Operating profit (loss)9901€6,922€7,034€6,655€7,437€6,484▼ 12.8%
Financial charges65/66B-€9,441€9,868€13,800€19,795▲ 43.4%
Recurring financial charges65€9,588€9,441€9,868€13,800€19,795▲ 43.4%
Profit (loss) for the period before taxes9903-€2,666-€2,407-€3,213-€6,363-€13,311▼ 109%
Profit (loss) for the period9904-€2,666-€2,407-€3,213-€6,363-€13,311▼ 109%
Profit (loss) for the period to be appropriated9905-€2,666-€2,407-€3,213-€6,363-€13,311▼ 109%
Line20202021202220232024Change
Assets
Total assets20/58€851,972€852,202€850,173€850,754€850,022▼ 0.1%
Fixed assets21/28€850,600€849,849€849,098€849,098€848,347▼ 0.1%
Tangible fixed assets22/27€850,600€849,849€849,098€849,098€848,347▼ 0.1%
Land and buildings22-€849,849€849,098€849,098€848,347▼ 0.1%
Current assets29/58€1,372€2,353€1,075€1,656€1,675▲ 1.2%
Cash at bank and in hand54/58€422€1,403€1,075€392€381▼ 2.8%
Deferred charges and accrued income490/1-€950€0€1,264€1,294▲ 2.4%
Equity and liabilities
Total equity and liabilities10/49€851,972€852,202€850,173€850,754€850,022▼ 0.1%
Equity10/15€606,214€603,806€600,593€594,231€580,920▼ 2.2%
Contributions10/11-€668,020€668,020€668,020€668,020=
Capital10-€668,020€668,020€668,020€668,020=
Issued capital100-€668,020€668,020€668,020€668,020=
Reserves13€14,341€14,341€14,341€2,796€2,796=
Non-distributable reserves130/1-€2,796€2,796€2,796€2,796=
Legal reserve130-€2,697€2,697€2,697€2,697=
Reserves not available under the articles1311-€99€99€99€99=
Distributable reserves133-€11,544€11,544€0--
Profit (loss) carried forward14-€76,147-€78,554-€81,767-€76,586-€89,897▼ 17.4%
Amounts payable17/49€245,758€248,395€249,580€256,523€269,103▲ 4.9%
Amounts payable within one year42/48€236,249€238,998€239,836€242,773€249,380▲ 2.7%
Trade debts44---€143€0▼ 100%
Suppliers440/4---€143€0▼ 100%
Other amounts payable47/48-€238,998€239,836€242,630€249,380▲ 2.8%
Accrued charges and deferred income492/3-€9,397€9,744€13,750€19,722▲ 43.4%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,666-€2,407-€3,213-€6,363-€13,311▼ 109%
+ Depreciation and write-downs630€751€751€751€0€751-
Operating cash flow (approximation)-€1,915-€1,656-€2,462-€6,363-€12,560▼ 97.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€981-€327-€683-€11▲ 98.4%

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

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€13,311
Net result drops to -€13,311, the lowest in the series.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
05-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
19-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
03-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
13-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
23-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Halen · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
1,918 m²
Building footprint
399 m²
Volume, LiDAR
2,902 m³
Parcel 71063B0714/00R000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
JARA NV
Sint-Jansbergstraat 7, 3545 HalenInsurance, reinsurance and pension funding, except compulsory social security
since 19942.012.976.068
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71063B0714/00R000
ProtectedMonument · Townscape or village viewKartuizerklooster Sint-JansbergSource ↗
Flanders 1,918 m² 1 · 399 m² 11.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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.

Identification & contact

Identification
Legal formPublic limited company
Founded14-12-1976
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 28 September 2026 · Peppol Directory

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

General meetings

1 convocation
Extraordinary general meeting
on 25-06-2004 at 11u · published 15-06-2004
Agenda
Verslag raad van bestuur. Goedkeuring jaarrekening per 31.12.2003. Bestemming resultaat. (Her)benoeming. Kwijting bestuurders. Verslag artikelen 633-634 Wet. venn. Allerlei. Zich richten naar statuten. (81738) I.M.V.C., naamloze vennootschap, Klapperstraat 8, 9120 Beveren-Waas H.R. Sint-Niklaas 72022 — BTW 438.014.485 Jaarvergadering ten zetel op 29.06.2004, om 14 uur. — Agenda : Verslag raad van bestuur. Goedkeuring jaarrekening 31.12.2003. Bestemming resultaat. Kwijting bestuurders. Herbenoeming bestuur- ders. Rondvraag. Zie statuten. (81739) Immo Erguma, naamloze vennootschap, Herenstraat 3, 9170 Sint-Gillis-Waas RPR Sint-Niklaas 0446.146.154 De gewone algemene vergadering zal gehouden wo ...