JARHEADS
Open bankruptcyA bankruptcy procedure is open for JARHEADS according to publications in the Belgian State Gazette; curator: PETER HECHTERMANS. The 2021 annual accounts show negative equity (€-24k) and a net result of €-12k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 10-10-2022, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
71 d late
2020
417 d late
2019
80 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€124k▲ 42.6%
2018 · €87k
2018: €87k
2018 → 2019
EBIT margin
-12.6%▼ 3.9pp
2018 · -8.7%
2018: -8.7%
2018 → 2019
Net result
€-12k▼ 128%
2020 · €-5k
2018: €-8k
2019: €-17k
2020: €-5k
2018 → 2021
Working capital
€-7k
2020 · €38k
2018: €-10k
2019: €-34k
2020: €38k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€87k-€124k▲ 42.6%
Equity€-8k-€-6k▲ 16.4%€-12k▼ 82.0%€-24k▼ 103%
Operating result€-8k-€-16k▼ 106%€-4k▲ 75.6%€-10k▼ 156%
Net result€-8k-€-17k▼ 127%€-5k▲ 69.8%€-12k▼ 128%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2021 against €4k in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €17k
Fixed assets
€1k▼ 39.3%
Current assets
€16k▼ 64.2%
Key figures and ratios
EBITDA
€-9k▼
2020 · €3k
Cash flow
€-11k▼
2020 · €2k
Solvency
-135.9%▼
2020 · -24.6%
Current ratio
0.70▼
2020 · 5.95
Quick ratio
0.70▼
2020 · 5.95
Debt / equity
-1.74▲
2020 · -5.07
ROA
-68.9%▼
2020 · -11.1%
Interest coverage
-4.77▼
2020 · 3.91
Debt
€41k▼
2020 · €59k
Debt ≤ 1 year
€23k▲
2020 · €8k
Income taxes
€321▼
2020 · €618
Staff costs
€22k▲
2020 · €14k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€47k€17k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Financial fixed assets28€150-
Current assets29/58€46k€16k▼
Amounts receivable within one year40/41€46k€13k▼
Trade receivables40€17k-
Other amounts receivable41€29k€13k▼
Cash at bank and in hand54/58€14€3k▲
Equity and liabilities
Total equity and liabilities10/49€47k€17k▼
Equity10/15€-12k€-24k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-30k€-42k▼
Amounts payable17/49€59k€41k▼
Amounts payable after more than one year17€51k-
Financial debts170/4€51k-
Amounts payable within one year42/48€8k€23k▲
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€2k€7k▲
Taxes450/3-€4k
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€2k€9k▲
Accrued charges and deferred income492/3-€18k
Income statement
Code20202021
Remuneration, social security and pensions62€14k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€510▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€21k€16k▼
Operating profit (loss)9901€-4k€-10k▼
Financial income75/76B€1€135▲
Recurring financial income75€1€135▲
Financial charges65/66B€783€2k▲
Recurring financial charges65€783€2k▲
Profit (loss) for the period before taxes9903€-5k€-12k▼
Income taxes67/77€618€321▼
Profit (loss) for the period9904€-5k€-12k▼
Profit (loss) for the period to be appropriated9905€-5k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-42k▼
Profit (loss) brought forward from the previous period14P€-25k€-30k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
06-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · JARHEADS BVBA MOLEN- BEEKSTRAAT 1 B, 2801 HEFFEN · event 02-10-2023
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 417 days late
2020
31-12
Financial
Liquidity times 8current ratio 5.95
Current ratio from 0.77 to 5.95; short-term debt falls from €145k to €8k.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
05-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 432 days late
2019
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 78 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mechelen · 2 establishment units since 2016
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.
Molenbeekstraat(HEF) 1 B2801 MechelenGround area
1,058 m²
Building footprint
235 m²
Volume, LiDAR
1,290 m³
Parcel 12012C0508/00K000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
JARHEADS
since 20162.249.726.245
Jarheads
since 20182.278.214.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12012C0508/00K000 | Flanders | 1,058 m² | 1 · 235 m² | 8.1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PETER HECHTERMANS GROENE LAAN 47,
2830 WILLEBROEK |
02-10-2023 → present |
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Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 921 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-01-2016
Fiscal year end31-12
Activities, NACEBEL
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.