JASON DESMIDT
ActiveThe computed 12-month bankruptcy probability of JASON DESMIDT is 2.3% (moderate). The 2024 annual accounts show equity of €92k and a net result of €76k. Equity is growing by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 36373 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency65▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.9 in 2023; short-term debt: 38.5% and cash: 38.8% of total assets), and 60.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
23 d late
2022
29 d late
2021
33 d early
2020
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€92k▲ 63.3%
2023 · €56k
2020: €21k
2021: €59k
2022: €40k
2023: €56k
2020 → 2024
Total assets
€231k▲ 108%
2023 · €111k
2020: €71k
2021: €108k
2022: €101k
2023: €111k
2020 → 2024
Net result
€76k▲ 82.6%
2023 · €41k
2020: €16k
2021: €38k
2022: €6k
2023: €41k
2020 → 2024
Working capital
€36k▼ 26.2%
2023 · €49k
2020: €8k
2021: €50k
2022: €27k
2023: €49k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€59k▲ 187%€40k▼ 32.2%€56k▲ 41.3%€92k▲ 63.3%
Operating result€18k-€46k▲ 146%€10k▼ 78.3%€54k▲ 446%€98k▲ 82.2%
Net result€16k-€38k▲ 147%€6k▼ 84.3%€41k▲ 590%€76k▲ 82.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 82% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €231k
Fixed assets
€106k▲ 1,390%
Current assets
€126k▲ 20.7%
Equity and liabilities €231k
Equity
€92k▲ 63.3%
Debt
€139k▲ 154%
The debt ratio rises from 49.2% to 60.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€117k▲
2023 · €64k
Cash flow
€94k▲
2023 · €52k
Solvency
39.9%▼
2023 · 50.8%
Current ratio
1.41▼
2023 · 1.90
Quick ratio
1.29▼
2023 · 1.82
Debt / equity
1.51▲
2023 · 0.97
ROE
82.2%▲
2023 · 73.5%
ROA
32.7%▼
2023 · 37.3%
Interest coverage
42.50▼
2023 · 160.30
Debt
€139k▲
2023 · €55k
Debt ≤ 1 year
€89k▲
2023 · €55k
Debt > 1 year
€50k
Income taxes
€20k▲
2023 · €12k
Staff costs
€3k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€111k€231k▲
Fixed assets21/28€7k€106k▲
Tangible fixed assets22/27€7k€106k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€7k€104k▲
Current assets29/58€104k€126k▲
Stocks and contracts in progress3€4k€11k▲
Stocks30/36€4k€11k▲
Amounts receivable within one year40/41€35k€24k▼
Trade receivables40€25k€17k▼
Other amounts receivable41€11k€7k▼
Cash at bank and in hand54/58€64k€90k▲
Deferred charges and accrued income490/1€916€832▼
Equity and liabilities
Total equity and liabilities10/49€111k€231k▲
Equity10/15€56k€92k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€51k€87k▲
Amounts payable17/49€55k€139k▲
Amounts payable after more than one year17-€50k
Financial debts170/4-€50k
Amounts payable within one year42/48€55k€89k▲
Current portion of amounts payable after more than one year42€2k€14k▲
Trade debts44€14k€11k▼
Suppliers440/4€14k€11k▼
Taxes, remuneration and social security45€10k€22k▲
Taxes450/3€7k€17k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€29k€43k▲
Income statement
Code20232024
Non-recurring operating income76A-€12k
Goods, raw materials, services and sundry goods60/61€271k€262k▼
Remuneration, social security and pensions62€2k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€18k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€445
Gross operating margin9900€68k€121k▲
Operating profit (loss)9901€54k€98k▲
Financial income75/76B€33€1▼
Recurring financial income75€33€1▼
Financial charges65/66B€401€3k▲
Recurring financial charges65€401€3k▲
Profit (loss) for the period before taxes9903€54k€96k▲
Income taxes67/77€12k€20k▲
Profit (loss) for the period9904€41k€76k▲
Profit (loss) for the period to be appropriated9905€41k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€127k▲
Profit (loss) brought forward from the previous period14P€35k€51k▲
Profit to be distributed694/7€25k€40k▲
Return on contributions (dividend)694€25k€40k▲
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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Highest result since 2020net €76k ▲82.6%
Operating result €98k, net result €76k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €6k ▼84.3%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 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, Jabbeke · 1 establishment unit since 2020
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.
Gistelsteenweg 4028490 JabbekeGround area
1,397 m²
Building footprint
142 m²
Volume, LiDAR
984 m³
Parcel 31012A0412/00K002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JASON DESMIDT
since 20202.304.452.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012A0412/00K002 | Flanders | 1,397 m² | 1 · 142 m² | 10.2 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.
Similar companies · same sector, comparable size
SANYPAT
BE 0807.256.764
Kalmthout · Eq €92k
P.C.E. - Heating Service
BE 0834.871.773
Tessenderlo-Ham · Eq €92k
VANSIMSEN
BE 0760.557.303
Nieuwerkerken (Limb.) · Eq €92k
Gery Brosens
BE 0644.915.683
Malle · Eq €92k
ILAZI
BE 0743.497.080
Machelen (Brab.) · Eq €92k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 3,058 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2020
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.