JO HERBOTS
ActiveSummary
JO HERBOTS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €704,493. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-2
Solvency37▼-1
Growth85=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.13 in 2024; short-term debt: 75.6% and cash: 2.4% of total assets), and 87.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.4%
Return on assets
3.9%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 4926 sector peers (2025).
NBB · sector comparisonPosition among 4926 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
47 d early
2023
90 d early
2022
26 d early
2021
30 d early
2020
74 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 fastest grower in Sint-Truiden, Wholesale and retail trade sector#4 employer in Sint-Truiden, Wholesale and retail trade sector#6 company by total assets in Sint-Truiden, Wholesale and retail trade sector
Turnover
€72.9m▲ 27.0%
2024 · €57.4m
EBIT margin
1.9%▼ 0.3pp
2024 · 2.2%
Net result
€704,493▲ 2.8%
2024 · €685,508
Working capital
€1.1m▼ 8.0%
2024 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.0m€43.4m▲ 2,029%€47.1m▲ 8.6%€57.4m▲ 21.8%€72.9m▲ 27.0%
Operating result€158,278▼ 21.2%€322,517▲ 104%€928,568▲ 188%€1.3m▲ 39.0%€1.4m▲ 9.2%
Net result€8,331▼ 90.7%€130,323▲ 1,464%€545,122▲ 318%€685,508▲ 25.8%€704,493▲ 2.8%
EBIT margin7.8%0.7%▼ 7.0pp2.0%▲ 1.2pp2.2%▲ 0.3pp1.9%▼ 0.3pp
Equity€1.1m▲ 0.7%€1.3m▲ 11.4%€1.3m▲ 3.5%€1.5m▲ 14.1%€2.2m▲ 46.8%
Total assets€10.4m▲ 13.5%€10.3m▼ 0.8%€9.4m▼ 8.6%€11.9m▲ 26.3%€17.9m▲ 49.7%
Debt€9.3m▲ 15.3%€9.0m▼ 2.3%€8.1m▼ 10.3%€10.4m▲ 28.3%€15.6m▲ 50.2%
Working capital€1.1m▼ 29.4%€1.2m▲ 11.1%€1.5m▲ 22.3%€1.2m▼ 21.4%€1.1m▼ 8.0%
Staff (FTE)27.2▲ 2.6%27.9▲ 2.6%30.9▲ 10.8%36.5▲ 18.1%40.7▲ 11.5%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.9m
Fixed assets
€3.3m ▲ 98.8%
Current assets
€14.6m ▲ 41.9%
Equity and liabilities €17.9m
Equity
€2.2m ▲ 46.8%
Debt
€15.6m ▲ 50.2%
Debt's share of the balance-sheet total rises from 87.4% to 87.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.9m▲
2024 · €1.5m
Cash flow
€1.2m▲
2024 · €911,979
Current ratio
1.08▼
2024 · 1.13
Quick ratio
0.94▼
2024 · 1.00
Debt to equity
7.08▲
2024 · 6.92
ROE
31.9%▼
2024 · 45.6%
ROA
3.9%▼
2024 · 5.7%
Interest coverage
12.49▼
2024 · 62.99
Debt ≤ 1 year
€13.5m▲
2024 · €9.1m
Debt > 1 year
€2.1m▲
2024 · €1.3m
Income taxes
€323,832▲
2024 · €274,802
Staff costs
€2.9m▲
2024 · €2.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,653 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,653 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €43.4m | €47.2m | €57.5m | €73.0m | ▲ 26.9% |
| Turnover70 | €2.0m | €43.4m | €47.1m | €57.4m | €72.9m | ▲ 27.0% |
| Other operating income74 | - | €4,942 | €92,680 | €140,351 | €99,634 | ▼ 29.0% |
| Non-recurring operating income76A | - | - | - | €15,769 | €10,115 | ▼ 35.9% |
| Operating charges60/66A | - | €43.1m | €46.3m | €56.3m | €71.6m | ▲ 27.3% |
| Goods for resale, raw materials and consumables60 | - | €37.5m | €40.6m | €49.2m | €63.4m | ▲ 28.9% |
| Purchases600/8 | - | €37.5m | €40.6m | €49.0m | €64.4m | ▲ 31.3% |
| Change in stocks: decrease (increase)609 | - | - | €39,386 | €175,410 | -€926,280 | ▼ 628% |
| Services and other goods61 | - | €3.6m | €3.4m | €4.3m | €4.6m | ▲ 6.3% |
| Remuneration, social security and pensions62 | - | €1.6m | €1.9m | €2.5m | €2.9m | ▲ 19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €253,392 | €268,342 | €255,968 | €226,471 | €490,041 | ▲ 116% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €51,209 | - |
| Other operating charges640/8 | - | €29,296 | €76,198 | €41,248 | €70,521 | ▲ 71.0% |
| Operating charges capitalised as restructuring costs649 | - | - | €0 | - | - | - |
| Non-recurring operating charges66A | - | - | €9,305 | €39,341 | €53,063 | ▲ 34.9% |
| Operating profit (loss)9901 | €158,278 | €322,517 | €928,568 | €1.3m | €1.4m | ▲ 9.2% |
| Financial income75/76B | - | €1,609 | €12,046 | €13,466 | €10,460 | ▼ 22.3% |
| Recurring financial income75 | €18,169 | €1,609 | €12,046 | €13,466 | €10,460 | ▼ 22.3% |
| Income from current assets751 | - | - | - | €1,455 | €0 | ▼ 100% |
| Other financial income752/9 | - | €1,609 | €12,046 | €12,011 | €10,460 | ▼ 12.9% |
| Financial charges65/66B | - | €136,106 | €197,956 | €343,521 | €391,422 | ▲ 13.9% |
| Recurring financial charges65 | €157,666 | €136,106 | €197,956 | €343,521 | €391,422 | ▲ 13.9% |
| Debt charges650 | €157,666 | €136,106 | €197,956 | €24,080 | €152,036 | ▲ 531% |
| Other financial charges652/9 | - | - | - | €319,441 | €239,387 | ▼ 25.1% |
| Profit (loss) for the period before taxes9903 | €18,780 | €188,020 | €742,658 | €960,310 | €1.0m | ▲ 7.1% |
| Income taxes67/77 | €10,449 | €57,697 | €197,536 | €274,802 | €323,832 | ▲ 17.8% |
| Taxes670/3 | - | €57,697 | €197,536 | €274,802 | €323,832 | ▲ 17.8% |
| Profit (loss) for the period9904 | €8,331 | €130,323 | €545,122 | €685,508 | €704,493 | ▲ 2.8% |
| Profit (loss) for the period to be appropriated9905 | €8,331 | €130,323 | €545,122 | €685,508 | €704,493 | ▲ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.4m | €10.3m | €9.4m | €11.9m | €17.9m | ▲ 49.7% |
| Fixed assets21/28 | €1.6m | €1.3m | €792,765 | €1.6m | €3.3m | ▲ 98.8% |
| Intangible fixed assets21 | €11,567 | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1.2m | €975,792 | €787,999 | €1.6m | €3.3m | ▲ 99.1% |
| Land and buildings22 | - | €183,164 | €201,655 | €251,951 | €458,107 | ▲ 81.8% |
| Plant, machinery and equipment23 | - | €374,742 | €326,168 | €1.0m | €1.1m | ▲ 3.2% |
| Furniture and vehicles24 | - | €121,812 | €83,880 | €67,743 | €110,547 | ▲ 63.2% |
| Leasing and similar rights25 | - | €296,074 | €176,296 | €269,860 | €1.6m | ▲ 497% |
| Financial fixed assets28 | €407,243 | €332,243 | €4,766 | €4,766 | €4,766 | = |
| Affiliated companies280/1 | - | €332,243 | €4,766 | €251 | €4,251 | ▲ 1,591% |
| Participating interests280 | - | €332,243 | €4,766 | €251 | €4,251 | ▲ 1,591% |
| Other financial fixed assets284/8 | - | - | - | €4,515 | €515 | ▼ 88.6% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €4,515 | €515 | ▼ 88.6% |
| Current assets29/58 | €8.8m | €9.0m | €8.6m | €10.3m | €14.6m | ▲ 41.9% |
| Amounts receivable after more than one year29 | - | - | - | €81,699 | €81,699 | = |
| Trade receivables290 | - | - | - | €81,699 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | - | €81,699 | - |
| Stocks and contracts in progress3 | €1.1m | €1.4m | €1.4m | €1.2m | €1.9m | ▲ 58.9% |
| Stocks30/36 | - | €1.4m | €1.4m | €1.2m | €1.9m | ▲ 58.9% |
| Goods purchased for resale34 | - | €1.4m | €1.4m | €718,121 | €1.9m | ▲ 160% |
| Property held for sale35 | - | - | - | €454,644 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €7.1m | €7.4m | €6.9m | €8.9m | €12.0m | ▲ 36.1% |
| Trade receivables40 | - | €4.4m | €4.2m | €5.7m | €8.1m | ▲ 43.2% |
| Other amounts receivable41 | - | €3.0m | €2.7m | €3.2m | €3.9m | ▲ 23.4% |
| Cash at bank and in hand54/58 | €181,231 | €186,919 | €278,834 | €135,656 | €425,904 | ▲ 214% |
| Deferred charges and accrued income490/1 | - | €34,292 | €54,994 | €39,497 | €172,714 | ▲ 337% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.4m | €10.3m | €9.4m | €11.9m | €17.9m | ▲ 49.7% |
| Equity10/15 | €1.1m | €1.3m | €1.3m | €1.5m | €2.2m | ▲ 46.8% |
| Contributions10/11 | - | €114,000 | €114,000 | €114,000 | €114,000 | = |
| Reserves13 | €104,740 | €104,740 | €104,740 | €104,740 | €104,740 | = |
| Non-distributable reserves130/1 | - | €11,400 | €11,400 | €11,400 | €11,400 | = |
| Reserves not available under the articles1311 | - | €11,400 | €11,400 | €11,400 | €11,400 | = |
| Tax-exempt reserves132 | - | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Distributable reserves133 | - | €81,340 | €81,340 | €81,340 | €81,340 | = |
| Profit (loss) carried forward14 | €925,171 | €1.1m | €1.1m | €1.3m | €2.0m | ▲ 54.8% |
| Amounts payable17/49 | €9.3m | €9.0m | €8.1m | €10.4m | €15.6m | ▲ 50.2% |
| Amounts payable after more than one year17 | €1.5m | €1.3m | €973,321 | €1.3m | €2.1m | ▲ 62.6% |
| Financial debts170/4 | - | €1.3m | €973,321 | €1.3m | €2.1m | ▲ 62.6% |
| Subordinated loans170 | - | €1.3m | - | - | - | - |
| Unsubordinated bonds171 | - | - | - | €110,000 | €0 | ▼ 100% |
| Leasing and similar obligations172 | - | - | €483,321 | €955,856 | €1.4m | ▲ 45.8% |
| Credit institutions173 | - | - | €490,000 | €250,000 | €745,775 | ▲ 198% |
| Amounts payable within one year42/48 | €7.7m | €7.8m | €7.1m | €9.1m | €13.5m | ▲ 48.4% |
| Current portion of amounts payable after more than one year42 | - | €396,521 | €450,069 | €552,360 | €714,705 | ▲ 29.4% |
| Financial debts43 | - | €2.5m | €2.7m | €3.1m | €5.3m | ▲ 67.8% |
| Credit institutions430/8 | - | €2.5m | €2.7m | €3.1m | €5.3m | ▲ 67.8% |
| Trade debts44 | €4.6m | €4.6m | €3.8m | €4.8m | €7.2m | ▲ 52.0% |
| Suppliers440/4 | - | €4.6m | €3.8m | €4.8m | €7.2m | ▲ 52.0% |
| Taxes, remuneration and social security45 | - | €177,150 | €209,979 | €95,765 | €221,834 | ▲ 132% |
| Taxes450/3 | - | €68,146 | €68,146 | €16,685 | €70,034 | ▲ 320% |
| Remuneration and social security454/9 | - | €109,004 | €141,833 | €79,080 | €151,800 | ▲ 92.0% |
| Other amounts payable47/48 | - | €51,378 | - | €538,149 | €38,149 | ▼ 92.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,331 | €130,323 | €545,122 | €685,508 | €704,493 | ▲ 2.8% |
| + Depreciation and write-downs630 | €253,392 | €268,342 | €255,968 | €226,471 | €490,041 | ▲ 116% |
| Operating cash flow (approximation) | €261,724 | €398,664 | €801,090 | €911,979 | €1.2m | ▲ 31.0% |
| Investment in fixed assets (approximation) | - | €2,807 | €259,302 | -€1.1m | -€2.1m | ▼ 96.4% |
| Change in cash | - | €5,688 | €91,916 | -€143,178 | €290,248 | ▲ 303% |
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
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2018net €704,493 ▲2.8%
Operating result €1.4m, net result €704,493, both a record.
30-09
Financial
Equity above €2mEq €2.2m ▲46.8%
8 profitable years in a row build equity to €2.2m.
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Weakest financial yearnet €8,331 ▼90.7%
Net result drops to €8,331, the lowest in the series; recovery starts the following year.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
09-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Sint-Truiden · 1 establishment unit since 2018
Ground area
1.6 ha
Building footprint
4,608 m²
Parcel 71353E1317/00B000, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Lichtenberglaan 2085, 3800 Sint-Truiden
since 20182.277.683.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E1317/00B000 | Flanders | 1.6 ha | 1 · 4,608 m² | - |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- JHD IMMO
- JO HERBOTS
Highest known parent: JHD IMMO. The sources do not say who stands above it.
Owners 1
- JHD IMMOparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,936 EUR awarded · 7,565 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,967 EUR | 5,064 EUR |
| 2024 | 1 | 1,478 EUR | 1,010 EUR |
| 2023 | 1 | 1,151 EUR | 1,151 EUR |
| 2022 | 1 | 340 EUR | 340 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.277.683.427
Dual-learning approval
1 live approvalLogistiek duaal (so)
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Of 757 companies in sector 46321 we hold annual accounts for 552. 348 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 (pre-2019)
Founded19-02-2001
Fiscal year end30-09
Activities, NACEBEL 2025
46321Wholesale of meat and meat products, excluding game and poultry
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474117291
Also
9925:BE0474117291
Registered
22-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.