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.
| 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 |
By gross margin, JETHRO HAES ranks 9th of 33 companies with main activity “Goederenvervoer over de weg” in Lokeren that publish figures (fiscal year 2025).
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.
Ask about JETHRO HAES the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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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
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- 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.
Management
Behind JETHRO HAES is Jethro Haes.
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.
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Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- HAES Jethro Sylvère Godelieve(oprichter) 100%
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 21 Oct 2026
- Contact
- haes-transport.be
- Activities · NACE
Goederenvervoer over de weg