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JET-ON

Active
Private limited companyfounded 20188 yrs activeHemelaerstraat 1, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0692.604.249

JET-ON has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €46k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency68▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.02 in 2023; short-term debt: 57% and cash: 50.5% of total assets), but 57% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
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 12-06-2025, 49 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
49 d early
2023
57 d late
2022
25 d late
2021
211 d late
2020
28 d late
2019
39 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
€173k
EBIT margin
-3.4%
Net result
€46k
2023 · €-23k
2018: €18k 2019: €9k 2020: €15k 2021: €5k 2022: €-6k 2023: €-23k
2018 → 2024
Working capital
€30k▲ 2,717%
2023 · €1k
2018: €-5k 2019: €-2k 2020: €21k 2021: €39k 2022: €34k 2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€173k
Equity€38k-€49k▲ 30.4%€43k▼ 12.8%€20k▼ 53.3%€42k▲ 111%
Operating result€12k-€8k▼ 34.3%€-6k€-22k▼ 273%€55k
Net result€15k-€5k▼ 63.6%€-6k€-23k▼ 264%€46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40k€60kOperating result 2020: €12k€12kNet result 2020: €15k€15kOperating result 2021: €8k€8kNet result 2021: €5k€5kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kOperating result 2023: €-22k€-22kNet result 2023: €-23k€-23kOperating result 2024: €55k€55kNet result 2024: €46k€46k20202021202220232024
The operating result returns to profit in 2024: €55k after a loss of €22k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets €13k▼ 33.8%
Current assets €86k▲ 31.6%
Equity and liabilities €98k
Equity €42k▲ 111%
Debt €56k▼ 12.6%
The debt ratio falls from 76.1% to 57.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€61k
2023 · €-15k
Cash flow
€52k
2023 · €-16k
Solvency
43.0%
2023 · 23.9%
Current ratio
1.53
2023 · 1.02
Quick ratio
1.53
2023 · 1.02
Debt / equity
1.32
2023 · 3.19
ROE
108.1%
2023 · -114.3%
ROA
46.5%
2023 · -27.3%
Interest coverage
572.27
2023 · -21.54
Debt
€56k
2023 · €64k
Debt ≤ 1 year
€56k
2023 · €64k
Income taxes
€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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€84k€98k
Fixed assets21/28€19k€13k
Tangible fixed assets22/27€18k€12k
Plant, machinery and equipment23€304€3
Furniture and vehicles24€18k€12k
Financial fixed assets28€1k€1k=
Current assets29/58€65k€86k
Amounts receivable within one year40/41€39k€33k
Trade receivables40€22k€26k
Other amounts receivable41€17k€7k
Cash at bank and in hand54/58€26k€50k
Deferred charges and accrued income490/1€888€3k
Equity and liabilities
Total equity and liabilities10/49€84k€98k
Equity10/15€20k€42k
Contributions10/11€19k€19k=
Reserves13€31k€24k
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€29k€24k
Profit (loss) carried forward14€-29k-
Amounts payable17/49€64k€56k
Amounts payable within one year42/48€64k€56k
Trade debts44€28k€24k
Suppliers440/4€28k€24k
Taxes, remuneration and social security45-€9k
Taxes450/3-€9k
Other amounts payable47/48€37k€24k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k
Other operating charges640/8€3k€2k
Non-recurring operating charges66A-€3k
Gross operating margin9900€-12k€66k
Operating profit (loss)9901€-22k€55k
Financial income75/76B€0€6
Recurring financial income75€0€6
Financial charges65/66B€692€107
Recurring financial charges65€692€107
Profit (loss) for the period before taxes9903€-23k€55k
Income taxes67/77-€9k
Profit (loss) for the period9904€-23k€46k
Profit (loss) for the period to be appropriated9905€-23k€46k
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€16k
Profit (loss) brought forward from the previous period14P€-6k€-29k
Transfer from equity791/2-€7k
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
12-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €46k
Net result €46k after 2 loss-making years.
26-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
27-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 211 days late
2021
28-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
08-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
30-06
NBB filing Annual accounts filed
fiscal year 2018 · micro 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, Sint-Niklaas · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Hemelaerstraat 19100 Sint-Niklaas
Ground area
78 m²
Building footprint
78 m²
Volume, LiDAR
863 m³
Parcel 46443E1151/00D002, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WALL TO WALL
Hemelaerstraat 1, 9100 Sint-NiklaasRepair, maintenance and installation of machinery and equipment
since 20182.274.014.253
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46443E1151/00D002 Flanders 78 m² 1 · 78 m² 14.6 m · 4 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

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,980 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded15-03-2018
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43320Joinery installation
43422Screed work
43910Bricklaying and masonry work
43994Specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.