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JET-ON

Active Private limited companyfounded 2018active for 8 yearsHemelaerstraat 1, 9100 Sint-NiklaasKBO/BCE: BE 0692.604.249

Lifetime

8 annual accounts with figures on one time axis
peak €100,637 (2025)
€100,637▲ 52.6%
lowest -€22,967 (2023)
€61,553▲ 34.5%
peak €103,883 (2025)
€103,883▲ 145%
€71,647▲ 27.8%
Board5 names since 2021
2 directorsCacaj Egzon and 1 other
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €65,932 to €100,637Result from €45,769 to €61,5532 directors appointed, 1 resignation 25-09Equity from €42,330 to €103,883Debts from €56,053 to €71,647Investments €23,431

Key points

from the 2025 annual accounts

Equity

€103,883 ▲ 145%
€42,3002024€104,0002025

Equity rose in 2025 from €42,330 to €103,883.

Turnover

≈ €410,000 estimated

The micro format states no turnover.

Investments

€23,431 3.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 84238.1% higher than in 2024.

Liquidity

2.04 was 1.53 in 2024

Short-term debts rose from €56,053 to €71,647.

Filings

8 annual accounts 5 late
AprilJune31 JulyOctober20202025

The 2021 accounts came latest: 211 days after the end of the period.

Position in the sector

€61,553

Higher net result than 90% of companies in specialised construction. Sector median €10,189 · 35,107 companies.

Checked score

89
Excellent
Financially stronger than 82% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.3% 01-2025: 3.2%▼ -0.1 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.3%▲ +0.1 percentage points vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025highest value 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 0.8%▼ -2.5 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.4 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.3%▼ -0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%▲ +0.2 percentage points vs 08-2026 10-2026: 0.3%▼ -0.3 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

84+16equity 59.2% of total assets
80+9short-term debt 40.8% · cash 39.1%
100=return on assets 35.1%

Score breakdown

raises risk
1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.04, cash €68,641
Equity €103,883 (59.2% of total assets)
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 43, micro). It does better than 65% of them on solvency, 78% on liquidity, 92% on profitability and 94% on growth.

The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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, 26,972 companies had the same profile as JET-ON has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of JET-ON itself: 0.3% 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 26,972 companies, not a prediction for JET-ON. 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 €9,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.04 (1.53 in 2024), above the usual 1.5. Short-term debt is 40.8% and cash 39.1% of total assets. 40.8% 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
lowers risk · Liquidity: current ratio 2.04, cash €68,641
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €103,883 (59.2% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 24-06-2026, 37 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
37 days early
2024
49 days early
2023
57 days late
2022
25 days late
2021
211 days late
2020
28 days late
2019
39 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 39 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 25 August (4 of the last 5 accounts filed within 74 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 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

CE
Director, since 16-09-2025
CR
Director, since 16-09-2025
Board & ownership

Recent changes

2 directors appointed, 1 resignation Resignation: Cacaj Nurije · Appointments: Cacaj Ramë and Cacaj Egzon · General meeting of 16-09-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0692604249
Resignation: Artan BEZERAY (director) Appointment: CACAJ Nurije (director) · Gazette deed
Registered office moved within Sint-Niklaas New registered office: Hemelaerstraat 1, bus 0001, 9100 Sint-Niklaas · Previous registered office: Hemelaerstraat 1, bus 0201, 9100 Sint-Niklaas · Resignation: Cacaj Egzon (director) · General meeting of 01-07-2023 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
JET-ON Sint-Niklaas €175,530 €100,637 59.2% -
RENOVA-SOLUTION Wichelen €197,580 €104,764 -48.4% -
Ali-Cel Bouw Lokeren €189,418 €81,976 52.8% -
REListic PM+ Destelbergen €157,721 €82,295 70.0% -
REVOLUTION MG CONSTRUCT Uccle €181,573 €92,710 62.9% -
MY AGENCY Aartselaar €175,230 €92,393 72.7% -
FG RENOVATIE Londerzeel €166,978 €98,090 40.4% -

These companies have the same main activity as JET-ON: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €158,000 and €198,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 15-03-2018Normal situation
Activity
Other specialised construction activitiesNACE 43990and 3 others
Establishment unit
2.274.014.2539100 Sint-Niklaas, since 15-03-2018
Financial year end
31 December
Peppol
Reachable since 04-04-2025
Company details

Annual accounts 2025

€175,530▲ 78.4%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on JET-ON

JET-ON files the micro format. That format states no turnover. The gross margin rose from €36,709 in 2018 to €100,637 in 2025.

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 JET-ON

What is the company number of JET-ON?
The company number of JET-ON is 0692.604.249. The VAT number is the same number with BE in front: BE 0692.604.249.
Where is JET-ON based?
The registered office is at Hemelaerstraat 1, 9100 Sint-Niklaas.Company details
What does JET-ON do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of JET-ON?
JET-ON is a private limited company (BV).
When was JET-ON founded?
JET-ON was founded on 15-03-2018.
Is JET-ON still active?
Yes, JET-ON is an active enterprise in the KBO register.
What is the turnover of JET-ON?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €100,637 and 46 comparable companies (NACE 43990). It probably lies between €270,000 and €750,000. In financial year 2022 turnover was €173,334.Financials
Is JET-ON profitable?
In financial year 2025, JET-ON made a profit of €61,553.
Where can I find the annual accounts of JET-ON?
JET-ON filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JET-ON due?
JET-ON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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