Payment terms
JEA RENT pays its suppliers 125 days earlier than in 2024. Customers pay 68 days later.
JEA RENT pays its suppliers 125 days earlier than in 2024. Customers pay 68 days later.
Short-term debts fell from €38,447 to €9,076.
The 2023 accounts came latest: 61 days after the end of the period.
The dashed line is the sector median: 0.5% across 3,170 companies (NACE 77, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 77, micro). It does better than 92% of them on solvency, 85% on liquidity, 95% on profitability and 59% on growth.
The bankruptcy probability was computed on 05-11-2026 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).
In July 2024, 26,972 companies had the same profile as JEA RENT has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JEA RENT itself: 0.7% within 12 months.
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.
| 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 26,972 companies, not a prediction for JEA RENT. 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.
Liquidity is ample, with a current ratio of 5.87 (1.5 in 2024), above the usual 1.5. Short-term debt is 10.3% and cash 20.9% of total assets. 10.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| JEA RENT Vilvoorde | €96,000 | 23.2% | 89.7% | - |
| NYMA LOGISTICS Heist-op-den-Berg | - | - | 83.0% | - |
| PVS Construct Zulte | - | - | 74.8% | - |
| DELTA RENTING SERVICE Knokke-Heist | - | - | -146.3% | 0 |
| Reno-Lifting Construct Lierde | - | - | -45.6% | - |
| IG Lease Schaerbeek | €156,800 | 12.5% | 29.7% | - |
| ATC RENT Liedekerke | - | - | 59.8% | - |
Grey: the largest companies of the sector (rental and leasing (NACE 77)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as JEA RENT: rental and leasing activities (NACE 77120). They are comparable in size and age: total assets between €62,000 and €184,000, founded between 2011 and 2021.
JEA RENT has existed since 2018. Turnover grew from €20,000 in 2018 to €96,000 in 2025.
Solvency rose in 2025 from 59.7% to 89.7% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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