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JET

Active
Public limited companyfounded 198540 yrs activeRue du Fourneau 54, 4030 Liège, BelgiumKBO/BCE: BE 0428.236.984

JET has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €167k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 95% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
70 / 100
Healthy▼ -24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-8
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 9.97 against 34.09 in 2023), and 3.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 40 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
96.8%
Return on assets
-0.9%
Age of the figures
20 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
1 d early
2022
32 d early
2021
31 d early
2020
33 d early
2019
31 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€167k▼ 1.0%
2023 · €169k
2018: €151k 2019: €157k 2020: €168k 2021: €169k 2022: €167k 2023: €169k
2018 → 2024
Total assets
€173k▲ 0.2%
2023 · €173k
2018: €153k 2019: €159k 2020: €170k 2021: €172k 2022: €169k 2023: €173k
2018 → 2024
Net result
€-2k
2023 · €3k
2018: €16k 2019: €6k 2020: €10k 2021: €2k 2022: €-3k 2023: €3k
2018 → 2024
Working capital
€50k▼ 57.7%
2023 · €117k
2018: €96k 2019: €102k 2020: €113k 2021: €116k 2022: €114k 2023: €117k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€168k-€169k▲ 1.0%€167k▼ 1.6%€169k▲ 1.5%€167k▼ 1.0%
Operating result€15k-€2k▼ 84.6%€-3k€3k€-2k
Net result€10k-€2k▼ 83.4%€-3k€3k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10k€15kOperating result 2020: €15k€15kNet result 2020: €10k€10kOperating result 2021: €2k€2kNet result 2021: €2k€2kOperating result 2022: €-3k€-3kNet result 2022: €-3k€-3kOperating result 2023: €3k€3kNet result 2023: €3k€3kOperating result 2024: €-2k€-2kNet result 2024: €-2k€-2k20202021202220232024
The operating result turns negative in 2024: a loss of €2k after €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €173k
Fixed assets €118k▲ 127%
Current assets €55k▼ 54.3%
Equity and liabilities €173k
Equity €167k▼ 1.0%
Debt €6k▲ 56.3%
The debt ratio rises from 2.1% to 3.2%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1k
2023 · €3k
Cash flow
€958
2023 · €3k
Solvency
96.8%
2023 · 97.9%
Current ratio
9.97
2023 · 34.09
Quick ratio
9.97
2023 · 34.09
Debt / equity
0.03
2023 · 0.02
ROE
-1.0%
2023 · 1.5%
ROA
-0.9%
2023 · 1.5%
Interest coverage
12.49
2023 · 75.14
Debt
€6k
2023 · €4k
Debt ≤ 1 year
€6k
2023 · €4k
Staff costs
€6k
2023 · €5k
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€173k€173k
Fixed assets21/28€52k€118k
Tangible fixed assets22/27€52k€118k
Land and buildings22€50k€116k
Plant, machinery and equipment23€2k€2k
Financial fixed assets28€50€50=
Current assets29/58€121k€55k
Amounts receivable within one year40/41€2k€0
Trade receivables40€2k€0
Cash at bank and in hand54/58€118k€54k
Deferred charges and accrued income490/1€495€871
Equity and liabilities
Total equity and liabilities10/49€173k€173k
Equity10/15€169k€167k
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€50k€50k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€44k€43k
Amounts payable17/49€4k€6k
Amounts payable within one year42/48€4k€6k
Trade debts44€1k€3k
Suppliers440/4€1k€3k
Taxes, remuneration and social security45€872€2k
Remuneration and social security454/9€872€2k
Other amounts payable47/48€1k€1k
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€14k€15k
Remuneration, social security and pensions62€5k€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€759€3k
Other operating charges640/8€4k€5k
Gross operating margin9900€12k€12k
Operating profit (loss)9901€3k€-2k
Financial charges65/66B€45€83
Recurring financial charges65€45€83
Profit (loss) for the period before taxes9903€3k€-2k
Profit (loss) for the period9904€3k€-2k
Profit (loss) for the period to be appropriated9905€3k€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€44k€43k
Profit (loss) brought forward from the previous period14P€42k€44k

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

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-3k ▼261%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Liège · 1 establishment unit since 1986
establishment The establishment unit on the map
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.

Rue du Fourneau 544030 Liège
Ground area
657 m²
Building footprint
391 m²
Volume, LiDAR
2,258 m³
Parcel 62047C1155/00E003, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Fourneau 54, 4030 Liège
Manufacture of machinery and equipment not elsewhere classified
since 19862.028.603.956
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62047C1155/00E003 Wallonia 657 m² 1 · 391 m² 9.1 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.

Similar companies · same sector, comparable size

Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 4,139 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded23-12-1985
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.