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JARTS

Active Private limited companyfounded 2018active for 8 yearsPastorijveld 23, 3530 Houthalen-HelchterenKBO/BCE: BE 0695.640.052

Lifetime

7 annual accounts with figures on one time axis
peak €64,940 (2025)
€64,940▲ 34.6%
lowest -€10,143 (2024)
€1,662▲ €11,805
peak €79,630 (2023)
€72,653▲ 2.3%
€96,912▼ 19.6%
Board3 names since 2018
3 directorsBESJES Annie and 2 others
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €48,249 to €64,940Back to profit: €1,662Debts from €120,567 to €96,912Cash from €22,693 to €12,404

Key points

from the 2025 annual accounts

Turnover

≈ €220,000 estimated

The accounts state no turnover.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 40 days after the end of the period.

Checked score

65
Healthy
Financially stronger than 47% of micro companies in land transport (NACE 49)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.5%▲ +0.2 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.3 percentage points vs 06-2025 08-2025: 2.4%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 1.8%▼ -0.6 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.6%▼ -0.2 percentage points vs 11-2025 01-2026: 1.5%▼ -0.1 percentage points vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.7%▲ +0.2 percentage points vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.4%▼ -0.3 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▼ -0.2 percentage points vs 07-2026 09-2026: 1.2%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 1.2%● unchanged vs 09-2026lowest value 11-2026: 1.2%● unchanged vs 10-2026lowest value

Financial strength
Strong

68+6equity 42.8% of total assets
49-8short-term debt 26.8% · cash 7.3%
70+12return on assets 1.0%

Score breakdown

raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Size: total assets €169,564
Liquidity: current ratio 1.06, cash €12,404
lowers risk
Figures for financial year 2025 (filed on 06-07-2026)
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 49, micro). It does better than 55% of them on solvency, 50% on liquidity, 43% on profitability and 42% 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 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 5,047 companies had the same profile as JARTS has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of JARTS itself: 1.2% 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 5,047 companies, not a prediction for JARTS. 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 €4,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.06 (1.15 in 2024), below the usual 1.5. Short-term debt is 26.8% and cash 7.3% of total assets. 57.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Size: total assets €169,564
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.06, cash €12,404
NBB · annual accounts
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 06-07-2026, 25 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
25 days early
2024
25 days late
2023
28 days late
2022
24 days late
2021
23 days late
2020
9 days early
2019
40 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BA
Director
DM
Director
DM
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0695640052
3 directors resigning, 3 reappointments Resignations: DE MUNCK Lucien, BESJES Annie and DE MUNCK Tom · Reappointments: DE MUNCK Lucien, BESJES Annie and DE MUNCK Tom · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 04-12-2023 · Gazette deed
Incorporation Founders: DE MUNCK Lucien, BESJES Annie and DE MUNCK Tom · Founding capital of €18,600 · Appointments: DE MUNCK Lucien (managing director), BESJES Annie and DE MUNCK Tom · published on 04-05-2018 · Gazette deed
First establishment Pastorijveld 23, Houthalen-Helchteren
All 14 events

Comparable companies

same main activity, similar in size and age
Company
JARTS Houthalen-Helchteren €169,564 €64,940 42.8% -
TAKA TRANS Zutendaal €149,489 €65,901 51.0% -
VEMATRANS Lochristi €178,040 €64,991 24.7% -
ETS DAFAN Berchem-Sainte-Agathe €159,339 €63,071 56.8% -
NAKATRANS Brussels €166,709 €60,192 31.6% -
INFINITY TRANSPORT Lievegem €144,865 €67,557 25.3% -
7 NOVA Putte €148,090 €70,477 35.2% -

These companies have the same main activity as JARTS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €145,000 and €178,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 02-05-2018Normal situation
Activity
Freight transport by roadNACE 49410
Establishment unit
2.276.291.0803530 Houthalen-Helchteren, since 02-05-2018
Financial year end
31 December
Peppol
Reachable since 20-09-2025
Company details

Annual accounts 2025

€169,564▼ 11.5%
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on JARTS

JARTS files the abbreviated format. That format states no turnover. The gross margin rose from €52,906 in 2019 to €64,940 in 2025.

The balance sheet grew most in 2023 through fixed assets.

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 JARTS

What is the company number of JARTS?
The company number of JARTS is 0695.640.052. The VAT number is the same number with BE in front: BE 0695.640.052.
Where is JARTS based?
The registered office is at Pastorijveld 23, 3530 Houthalen-Helchteren.Company details
What does JARTS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of JARTS?
JARTS is a private limited company (BV).
When was JARTS founded?
JARTS was founded on 02-05-2018.
Is JARTS still active?
Yes, JARTS is an active enterprise in the KBO register.
What is the turnover of JARTS?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €64,940 and 55 comparable companies (NACE 49410). It probably lies between €180,000 and €280,000.Financials
Is JARTS profitable?
In financial year 2025, JARTS made a profit of €1,662.
Where can I find the annual accounts of JARTS?
JARTS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JARTS due?
JARTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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