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JET SOUND

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1989active for 36 yearsRolleghemstraat 337, 7700 Mouscron, BelgiumKBO/BCE: BE 0439.210.258
Summary

The computed 12-month bankruptcy probability of JET SOUND is 9.0% (elevated). For JET SOUND, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€34,226) and a net result of €62,995. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 8% of 1,905 sector peers (NACE 77, financial year 2023). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Renting and leasing of other personal and household goods
NACE 77229
1 site
Size
€35,895total assets 2023
Equity
-€34,226
Profit
€62,995
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
9.0%
2023 figures too old to score
Structure
Accounts 438 days overdue1 of 3 deeds read
Signalsraises riskFigures for financial year 2023 (filed 27-08-2024)2 financial years not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 late1 change of registered office in 24 monthsTwo or more financial years not filedlowers riskFounded in 1989neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency 0=
equity -95.4% of total assets
Liquidity 59-1
short-term debt 28.2% · cash 16.0%
Profitability 100=
return on assets 175.5%
Bankruptcy probability, 12 months
9.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,164 companies, NACE 77, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 1.2%▲ +0.3 percentage points vs 09-2025 11-2025: 1.3%▲ +0.1 percentage points vs 10-2025 12-2025: 1.7%▲ +0.4 percentage points vs 11-2025 01-2026: 3.5%▲ +1.8 percentage points vs 12-2025 02-2026: 3.5%● unchanged vs 01-2026 03-2026: 3.8%▲ +0.3 percentage points vs 02-2026 04-2026: 3.4%▼ -0.4 percentage points vs 03-2026 05-2026: 3.4%● unchanged vs 04-2026 06-2026: 6.1%▲ +2.7 percentage points vs 05-2026 07-2026: 6.1%● unchanged vs 06-2026 08-2026: 8.1%▲ +2.0 percentage points vs 07-2026 09-2026: 9.0%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 9.0%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 27-08-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 27-08-2024, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
27 days late
2022
30 days late
2021
31 days late
2020
30 days late
2019
100 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 44 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Jean-Paul Lietaert (director)Appointment: Thierry Lietaert (director) ·…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Highest result from 2018 to 2023net €62,995 ▲178%

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 438 days late View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€34,226 View
  • Caution: Among the weakest 9% on solvencysector median 31.2% · 1,905 companies -95.4% View
  • Caution: Board changedlatest change 07-05-2026 · 1 in office 1 joined · 1 left View
  • Positive: Equity rose in 2023from -€97,221 to -€34,226 ▲ 64.8% View

By topic

Financials

Financial year
2023
Total assets
€35,895
Profit
€62,995
Solvency
-95.4%
Total assets▼ 22.8%
Net result
20182023
Go to Financials

Timeline

Events
39
Since
1991
  1. 30-08-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 31-12-2022Liquidity more than triples
Go to Timeline

Company details

Sites
1
Legal form
Coöperatieve vennootschap met beperkte aansprakelijkheid
Activity
Renting and leasing of other personal and household…NACE 77229
Founded
13-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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