JETEX
ActiveSummary
JETEX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-24
Solvency89=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.33 in 2024; short-term debt: 35.8% and cash: 0.1% of total assets), and 35.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
64.2%
Return on assets
-12%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-13k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
2 d early
2022
91 d late
2021
71 d early
2020
6 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€68k▼ 15.7%
2024 · €80k
2019: €-113klowest in 7 years
2020: €-32k▲ +71.5% vs 2019
2021: €-28k▲ +12.4% vs 2020
2022: €-15k▲ +47.2% vs 2021
2023: €82k▲ +651% vs 2022highest in 7 years
2024: €80k▼ -2.3% vs 2023
2025: €68k▼ -15.7% vs 2024
2019 → 2025
Total assets
€105k▼ 15.5%
2024 · €125k
2019: €121k
2020: €153k▲ +25.9% vs 2019
2021: €162k▲ +5.8% vs 2020highest in 7 years
2022: €156k▼ -3.6% vs 2021
2023: €134k▼ -14.1% vs 2022
2024: €125k▼ -7.0% vs 2023
2025: €105k▼ -15.5% vs 2024lowest in 7 years
2019 → 2025
Net result
€-13k▼ 565%
2024 · €-2k
2019: €24k
2020: €81k▲ +238% vs 2019
2021: €4k▼ -95.1% vs 2020
2022: €13k▲ +235% vs 2021
2023: €97k▲ +628% vs 2022highest in 7 years
2024: €-2k▼ -102% vs 2023
2025: €-13k▼ -565% vs 2024lowest in 7 years
2019 → 2025
Working capital
€53k▼ 4.7%
2024 · €56k
2019: €-149klowest in 7 years
2020: €-73k▲ +50.9% vs 2019
2021: €-65k▲ +11.0% vs 2020
2022: €-47k▲ +27.6% vs 2021
2023: €52k▲ +211% vs 2022
2024: €56k▲ +6.7% vs 2023highest in 7 years
2025: €53k▼ -4.7% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-28k-€-15k▲ 47.2%€82k€80k▼ 2.3%€68k▼ 15.7%
2021: €-28klowest in 5 years
2022: €-15k▲ +47.2% vs 2021
2023: €82k▲ +651% vs 2022highest in 5 years
2024: €80k▼ -2.3% vs 2023
2025: €68k▼ -15.7% vs 2024
Operating result€7k-€16k▲ 126%€115k▲ 600%€-4k€-22k▼ 497%
2021: €7k
2022: €16k▲ +126% vs 2021
2023: €115k▲ +600% vs 2022highest in 5 years
2024: €-4k▼ -103% vs 2023
2025: €-22k▼ -497% vs 2024lowest in 5 years
Net result€4k-€13k▲ 235%€97k▲ 628%€-2k€-13k▼ 565%
2021: €4k
2022: €13k▲ +235% vs 2021
2023: €97k▲ +628% vs 2022highest in 5 years
2024: €-2k▼ -102% vs 2023
2025: €-13k▼ -565% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€14k ▼ 46.2%
Current assets
€91k ▼ 7.1%
Equity and liabilities €105k
Equity
€68k ▼ 15.7%
Debt
€38k ▼ 15.1%
Debt's share of the balance-sheet total rises from 35.6% to 35.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2024 · €3k
Cash flow
€-241▼
2024 · €5k
Current ratio
2.41▲
2024 · 2.33
Debt to equity
0.56▲
2024 · 0.55
ROE
-18.7%▼
2024 · -2.4%
ROA
-12.0%▼
2024 · -1.5%
Interest coverage
-80.70▼
2024 · 1.37
Debt ≤ 1 year
€38k▼
2024 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€125k€105k▼
Fixed assets21/28€27k€14k▼
Tangible fixed assets22/27€27k€14k▼
Furniture and vehicles24€646€252▼
Other tangible fixed assets26€26k€14k▼
Current assets29/58€98k€91k▼
Amounts receivable within one year40/41€68k€66k▼
Trade receivables40€0-
Other amounts receivable41€68k€66k▼
Current investments50/53€25k€25k=
Cash at bank and in hand54/58€679€58▼
Deferred charges and accrued income490/1€4k€0▼
Equity and liabilities
Total equity and liabilities10/49€125k€105k▼
Equity10/15€80k€68k▼
Contributions10/11€93k€93k=
Capital10€93k-
Issued capital100€93k-
Reserves13€1k€0▼
Non-distributable reserves130/1€1k-
Legal reserve130€1k-
Distributable reserves133-€0
Profit (loss) carried forward14€-13k€-25k▼
Amounts payable17/49€44k€38k▼
Amounts payable within one year42/48€42k€38k▼
Trade debts44€6k€577▼
Suppliers440/4€6k€577▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€36k€37k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€12k▲
Other operating charges640/8€501€1k▲
Gross operating margin9900€4k€-8k▼
Operating profit (loss)9901€-4k€-22k▼
Financial income75/76B€4k€9k▲
Recurring financial income75€4k€9k▲
Financial charges65/66B€2k€117▼
Recurring financial charges65€2k€117▼
Profit (loss) for the period before taxes9903€-2k€-13k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-2k€-13k▼
Profit (loss) for the period to be appropriated9905€-2k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-26k▼
Profit (loss) brought forward from the previous period14P€-11k€-13k▼
Transfer from equity791/2-€1k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | €7k | €7k | €12k | ▲ 76.3% |
| Other operating charges640/8 | - | €455 | €463 | €501 | €1k | ▲ 136% |
| Gross operating margin9900 | €15k | €24k | €123k | €4k | €-8k | ▼ 313% |
| Operating profit (loss)9901 | €7k | €16k | €115k | €-4k | €-22k | ▼ 497% |
| Financial income75/76B | - | €4k | €4k | €4k | €9k | ▲ 121% |
| Recurring financial income75 | €4k | €4k | €4k | €4k | €9k | ▲ 121% |
| Financial charges65/66B | - | €7k | €4k | €2k | €117 | ▼ 95.2% |
| Recurring financial charges65 | €7k | €7k | €4k | €2k | €117 | ▼ 95.2% |
| Profit (loss) for the period before taxes9903 | €4k | €13k | €115k | €-2k | €-13k | ▼ 565% |
| Income taxes67/77 | - | - | €18k | €0 | - | - |
| Profit (loss) for the period9904 | €4k | €13k | €97k | €-2k | €-13k | ▼ 565% |
| Profit (loss) for the period to be appropriated9905 | €4k | €13k | €97k | €-2k | €-13k | ▼ 565% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162k | €156k | €134k | €125k | €105k | ▼ 15.5% |
| Fixed assets21/28 | €44k | €40k | €34k | €27k | €14k | ▼ 46.2% |
| Tangible fixed assets22/27 | €44k | €40k | €34k | €27k | €14k | ▼ 46.2% |
| Furniture and vehicles24 | - | €414 | €852 | €646 | €252 | ▼ 61.0% |
| Other tangible fixed assets26 | - | €39k | €33k | €26k | €14k | ▼ 45.8% |
| Current assets29/58 | €118k | €116k | €100k | €98k | €91k | ▼ 7.1% |
| Amounts receivable within one year40/41 | €113k | €110k | €71k | €68k | €66k | ▼ 3.1% |
| Trade receivables40 | - | €1k | €45 | €0 | - | - |
| Other amounts receivable41 | - | €109k | €71k | €68k | €66k | ▼ 3.1% |
| Current investments50/53 | - | - | €25k | €25k | €25k | = |
| Cash at bank and in hand54/58 | €386 | €2k | €294 | €679 | €58 | ▼ 91.4% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €4k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162k | €156k | €134k | €125k | €105k | ▼ 15.5% |
| Equity10/15 | €-28k | €-15k | €82k | €80k | €68k | ▼ 15.7% |
| Contributions10/11 | €93k | €93k | €93k | €93k | €93k | = |
| Capital10 | - | €93k | €93k | €93k | - | - |
| Issued capital100 | - | €93k | €93k | €93k | - | - |
| Reserves13 | €1k | €1k | €1k | €1k | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | €1k | €1k | €1k | - | - |
| Legal reserve130 | - | €1k | €1k | €1k | - | - |
| Distributable reserves133 | - | - | - | - | €0 | - |
| Profit (loss) carried forward14 | €-122k | €-109k | €-11k | €-13k | €-25k | ▼ 86.6% |
| Amounts payable17/49 | €190k | €171k | €52k | €44k | €38k | ▼ 15.1% |
| Amounts payable within one year42/48 | €183k | €164k | €48k | €42k | €38k | ▼ 10.2% |
| Trade debts44 | €2k | €959 | €7k | €6k | €577 | ▼ 90.9% |
| Suppliers440/4 | - | €959 | €7k | €6k | €577 | ▼ 90.9% |
| Taxes, remuneration and social security45 | - | €0 | €2k | €0 | - | - |
| Taxes450/3 | - | €0 | €2k | €0 | - | - |
| Other amounts payable47/48 | - | €163k | €39k | €36k | €37k | ▲ 4.2% |
| Accrued charges and deferred income492/3 | - | €7k | €4k | €2k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €13k | €97k | €-2k | €-13k | ▼ 565% |
| + Depreciation and write-downs630 | €7k | €7k | €7k | €7k | €12k | ▲ 76.3% |
| Operating cash flow (approximation) | €11k | €20k | €104k | €5k | €-241 | ▼ 105% |
| Investment in fixed assets (approximation) | - | €-3k | €-1k | €0 | €0 | - |
| Change in cash | - | €2k | €-2k | €385 | €-621 | ▼ 261% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-01
Financial
Highest result since 2019net €97k ▲628%
Operating result €115k, net result €97k, both a record.
31-01
Financial
Liquidity triplescurrent ratio 2.09
Current ratio from 0.71 to 2.09; short-term debt falls from €164k to €48k.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 91 days late
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Knokke-Heist · 1 establishment unit since 1991
Ground area
909 m²
Building footprint
185 m²
Volume, LiDAR
685 m³
Parcel 31039E0251/00H000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
JETEX
since 19912.053.857.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0251/00H000 | Flanders | 909 m² | 1 · 185 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,061 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-07-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Contact
E-mail
info@jetex.beKnokke-Heist
Phone
0475/23.38.22Knokke-Heist
Scores and ratios are computed by Checked and are not a credit decision.