Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JETHRO HAES from Lokeren, company number BE0645720486, closed financial year 2025 with a result of € 28,403 after tax. For that financial year JETHRO HAES recorded a gross margin of € 872,629 and equity of € 29,294. Compared with financial year 2024, the result moved from € 26,077 to € 28,403. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 29,294
▲ € 28,403 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,403
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 3,414
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 16,294.
People and assets in 2025
6.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 686,966
▲ 25% vs 2024
€ 105,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 607,514
▲ 130% vs 2024
Of which on lease € 335,963.
Debts at end 2025
€ 466,145
▲ 170% vs 2024
€ 94,488 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 519,622
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,599
▼ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 335,586 | € 457,051 | € 662,787 | € 872,629 | ▲ 32% |
| Profit after taxes | € -40,239 | € 32,376 | € 26,077 | € 28,403 | ▲ 9% |
| Equity | € -57,562 | € -25,186 | € 891 | € 29,294 | ▲ € 28,403 |
| Total debts | € 438,555 | € 364,560 | € 508,889 | € 1,127,211 | ▲ 122% |
| Cash | € 12,336 | € 13,668 | € 18,195 | € 3,414 | ▼ 81% |
| Land & buildings | € 5,228 | € 4,178 | € 3,129 | € 2,080 | ▼ 34% |
| Retained profit | € -70,562 | € -38,186 | € -12,109 | € 16,294 | ▲ € 28,403 |
| Bank debt | € 106,817 | € 47,778 | € 172,347 | € 466,145 | ▲ 170% |
| Balance sheet total | € 380,993 | € 339,374 | € 509,780 | € 1,156,505 | ▲ 127% |
| Employees (FTE) | - | 3.8 | 6 | 6.5 | ▲ 0.5 |
Key figures of JETHRO HAES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to JETHRO HAES?
What happened at JETHRO HAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,403 (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
- Jethro Haes became a director. NBB
In short
From € 40,239 loss in 2022 to € 28,403 profit in 2025.
Paid € 417 in corporate taxes since 2022.
Best year ever: 2023, with € 32,376 profit.
On average € 134,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Jethro Haes
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Rechtstraat 376
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0645.720.486
- VAT number
- BE 0645.720.486
- Registered office
- Rechtstraat 376, 9160 Lokeren
- Names & denominations
- JETHRO HAES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 2016
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- haes-transport.be
- Activities · NACE
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