SJEF AERTS
ActiveSJEF AERTS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €8k. Equity is growing by ~43.8% per year across the filed fiscal years. Its solvency ranks better than 27% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
68
/ 100
Healthy▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-54
Solvency57▲+26
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.26 in 2024), but 74.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
25.4%
Return on assets
2.3%
Age of the figures
11 mo
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 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
2 d early
2021
1 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
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
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▲ 10.0%
2024 · €85k
2018: €-34k
2019: €-33k
2020: €25k
2021: €37k
2022: €45k
2023: €67k
2024: €85k
2018 → 2025
Total assets
€366k▼ 11.8%
2024 · €416k
2018: €432k
2019: €515k
2020: €498k
2021: €383k
2022: €359k
2023: €391k
2024: €416k
2018 → 2025
Net result
€8k▼ 52.9%
2024 · €18k
2018: €2k
2019: €265
2020: €58k
2021: €12k
2022: €8k
2023: €21k
2024: €18k
2018 → 2025
Working capital
€168k▲ 98.9%
2024 · €85k
2018: €56k
2019: €40k
2020: €69k
2021: €52k
2022: €46k
2023: €67k
2024: €85k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€45k▲ 22.8%€67k▲ 46.7%€85k▲ 27.0%€93k▲ 10.0%
Operating result€23k-€18k▼ 23.4%€40k▲ 127%€37k▼ 7.5%€25k▼ 33.8%
Net result€12k-€8k▼ 29.6%€21k▲ 152%€18k▼ 15.2%€8k▼ 52.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €366k
Equity
€93k▲ 10.0%
Debt
€273k▼ 17.4%
The debt ratio falls from 79.6% to 74.6%: equity grows while debt is paid down.
Key figures and ratios
Solvency
25.4%▲
2024 · 20.4%
Current ratio
1.85▲
2024 · 1.26
Quick ratio
1.60▲
2024 · 0.62
Debt / equity
2.93▼
2024 · 3.90
ROE
9.1%▼
2024 · 21.3%
ROA
2.3%▼
2024 · 4.3%
Debt
€273k▼
2024 · €331k
Debt ≤ 1 year
€198k▼
2024 · €331k
Income taxes
€5k▼
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€416k€366k▼
Fixed assets21/28€170-
Financial fixed assets28€170-
Current assets29/58€415k€366k▼
Stocks and contracts in progress3€211k€50k▼
Stocks30/36€211k€50k▼
Amounts receivable within one year40/41€200k€305k▲
Trade receivables40€182k€222k▲
Other amounts receivable41€18k€83k▲
Cash at bank and in hand54/58€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€416k€366k▼
Equity10/15€85k€93k▲
Contributions10/11€19k€19k=
Reserves13€62k€70k▲
Distributable reserves133€62k€70k▲
Profit (loss) carried forward14€5k€5k=
Amounts payable17/49€331k€273k▼
Amounts payable within one year42/48€331k€198k▼
Current portion of amounts payable after more than one year42€125k€125k=
Trade debts44€24k-
Suppliers440/4€24k-
Taxes, remuneration and social security45€9k€23k▲
Taxes450/3€9k€23k▲
Other amounts payable47/48€172k€50k▼
Accrued charges and deferred income492/3-€75k
Income statement
Code20242025
Other operating charges640/8€502€63▼
Gross operating margin9900€38k€25k▼
Operating profit (loss)9901€37k€25k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€27k€13k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€18k€8k▼
Profit (loss) for the period to be appropriated9905€18k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€13k▼
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer to equity691/2€18k€8k▼
To other reserves6921€18k€8k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €58k ▲21885%
Operating result €91k, net result €58k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €265 ▼86.2%
Net result drops to €265, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-09
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.
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, Herselt · 1 establishment unit since 1992
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.
Blaubergsesteenweg 1212230 HerseltGround area
732 m²
Building footprint
140 m²
Volume, LiDAR
833 m³
Parcel 13013F0235/00W002, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VANDERBORGHT & CO
since 19922.056.768.402
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13013F0235/00W002 | Flanders | 731 m² | 1 · 140 m² | 10.0 m · 2 fl. |
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
EURO MOLDO CONSTRUCT
BE 0698.860.056
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ADH ALEXANDER
BE 0773.726.537
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BOUWBEDRIJF GEVACO
BE 0880.396.447
Mol · Eq €93k
ARN COMPANY
BE 0675.999.235
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SAVA-M
BE 0748.833.169
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Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 6,192 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1992
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.