JETHRO HAES
ActiveJETHRO HAES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €891 and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 1846 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency2▼-32
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.55 in 2023), and 99.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
0.2%
Return on assets
5.1%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 1846 sector peers (2024).
NBB · sector comparisonPosition among 1846 sector peers
Solvency
better than 8%
← weakest
strongest →
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 03-07-2025, 28 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
23 d early
2022
56 d late
2021
122 d late
2020
31 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€891
2023 · €-25k
2018: €71k
2019: €86k
2020: €101k
2021: €-17k
2022: €-58k
2023: €-25k
2018 → 2024
Total assets
€510k▲ 50.2%
2023 · €339k
2018: €260k
2019: €259k
2020: €345k
2021: €354k
2022: €381k
2023: €339k
2018 → 2024
Net result
€26k▼ 19.5%
2023 · €32k
2018: €30k
2019: €18k
2020: €15k
2021: €-118k
2022: €-40k
2023: €32k
2018 → 2024
Working capital
€-143k▲ 9.1%
2023 · €-158k
2018: €12k
2019: €24k
2020: €19k
2021: €-22k
2022: €-112k
2023: €-158k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€101k-€-17k€-58k▼ 232%€-25k▲ 56.2%€891
Operating result€26k-€-114k€-38k▲ 66.6%€37k€33k▼ 8.9%
Net result€15k-€-118k€-40k▲ 65.9%€32k€26k▼ 19.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €510k
Fixed assets
€285k▲ 90.7%
Current assets
€225k▲ 18.4%
Equity and liabilities €510k
Equity
€891
Debt
€509k
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€80k▲
2023 · €67k
Cash flow
€72k▲
2023 · €63k
Solvency
0.2%▲
2023 · -7.4%
Current ratio
0.61▲
2023 · 0.55
Quick ratio
0.61▲
2023 · 0.55
ROA
5.1%▼
2023 · 9.5%
Interest coverage
10.34▼
2023 · 14.83
Debt
€509k▲
2023 · €365k
Debt ≤ 1 year
€368k▲
2023 · €348k
Debt > 1 year
€141k▲
2023 · €17k
Staff costs
€550k▲
2023 · €376k
Equity ratios withheld: equity of €891 is too small for a meaningful ratio.
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€339k€510k▲
Fixed assets21/28€149k€285k▲
Tangible fixed assets22/27€141k€275k▲
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€128k€226k▲
Leasing and similar rights25-€39k
Financial fixed assets28€8k€10k▲
Current assets29/58€190k€225k▲
Amounts receivable within one year40/41€157k€197k▲
Trade receivables40€150k€185k▲
Other amounts receivable41€7k€12k▲
Cash at bank and in hand54/58€14k€18k▲
Deferred charges and accrued income490/1€20k€10k▼
Equity and liabilities
Total equity and liabilities10/49€339k€510k▲
Equity10/15€-25k€891▲
Contributions10/11€13k€13k=
Reserves13€88k€88k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€86k€88k▲
Profit (loss) carried forward14€-126k€-100k▲
Amounts payable17/49€365k€509k▲
Amounts payable after more than one year17€17k€141k▲
Financial debts170/4€17k€141k▲
Amounts payable within one year42/48€348k€368k▲
Current portion of amounts payable after more than one year42€31k€32k▲
Financial debts43-€0
Credit institutions430/8-€0
Trade debts44€142k€225k▲
Suppliers440/4€142k€225k▲
Taxes, remuneration and social security45€59k€99k▲
Taxes450/3€15k€20k▲
Remuneration and social security454/9€44k€79k▲
Other amounts payable47/48€116k€13k▼
Income statement
Code20232024
Non-recurring operating income76A€0€0=
Remuneration, social security and pensions62€376k€550k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€46k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€730
Other operating charges640/8€13k€19k▲
Non-recurring operating charges66A-€14k
Gross operating margin9900€457k€663k▲
Operating profit (loss)9901€37k€33k▼
Financial income75/76B€405€514▲
Recurring financial income75€4€514▲
Non-recurring financial income76B€401-
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€32k€26k▼
Profit (loss) for the period9904€32k€26k▼
Profit (loss) for the period to be appropriated9905€32k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-126k€-100k▲
Profit (loss) brought forward from the previous period14P€-158k€-126k▲
Social balance
Average headcount (FTE)90873.86.0▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €-118k ▼904%
Net result drops to €-118k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €101k ▲17.1%
3 profitable years in a row build equity to €101k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
HAES Jethro
CurrentNon-statutory director · since 09-02-2023
09-02-2023
Resigned as Manager
09-02-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2016
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.
Rechtstraat 3769160 LokerenGround area
955 m²
Building footprint
201 m²
Parcel 46007D0369/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
Rechtstraat 376, 9160 Lokeren
since 20162.250.930.530
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007D0369/00R000 | Flanders | 955 m² | 1 · 201 m² | - |
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
ZKSERVICES
BE 0795.832.441
Sint-Jans-Molenbeek · Eq €885
ATL COMPANY
BE 0555.654.404
Anderlecht · Eq €877
MAGNUM TRANS
BE 0757.778.153
Watermaal-Bosvoorde · Eq €905
BUSINESS AB FRET
BE 0542.465.372
Sint-Gillis (bij-Brussel) · Eq €874
FJ TRANS
BE 0833.281.864
Sint-Jans-Molenbeek · Eq €914
Of 12,446 companies in sector 49410 we hold annual accounts for 8,083. 713 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2016
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.