Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JETCO from Essen, company number BE0867812478, closed financial year 2025 with a result of € -12,965 after tax. For that financial year JETCO recorded a gross margin of € 41,402 and equity of € 23,007. Compared with financial year 2024, the result moved from € 9,756 to € -12,965. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 23,007
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,965
▼ still € 9,756 profit in 2024
Profit after tax over the fiscal year.
€ 1,429
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,407.
People and assets in 2025
€ 5,330
▼ 47% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 349
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 249,952
▼ 9% vs 2024
€ 24,797 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 21,184
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,615
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,541 | € 49,475 | € 72,607 | € 41,402 | ▼ 43% |
| Profit after taxes | € 5,486 | € 201 | € 9,756 | € -12,965 | ▼ € 22,721 |
| Equity | € 26,015 | € 26,215 | € 35,972 | € 23,007 | ▼ 36% |
| Total debts | € 319,070 | € 337,907 | € 317,042 | € 324,340 | ▲ 2% |
| Cash | € 9,817 | € 5,996 | € 2,490 | € 1,429 | ▼ 43% |
| Land & buildings | € 296,389 | € 280,887 | € 286,417 | € 300,577 | ▲ 5% |
| Retained profit | € 7,415 | € 7,615 | € 17,372 | € 4,407 | ▼ 75% |
| Bank debt | € 293,668 | € 297,085 | € 274,518 | € 249,952 | ▼ 9% |
| Balance sheet total | € 345,085 | € 364,122 | € 353,013 | € 347,347 | ▼ 2% |
Key figures of JETCO, 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 JETCO?
What happened at JETCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,965 (▼ € 22,721 vs 2024). Source: NBB ↗
- Ellen Gestels became a director. NBB
- JOHAN BAEKELMANS became a director. NBB
- New establishment in Essen. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,486 profit in 2022 to € 12,965 loss in 2025.
Paid € 6,797 in corporate taxes since 2022.
Best year ever: 2024, with € 9,756 profit.
A new publication or filing at JETCO? We notify you, reason included.
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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
Behind JETCO are JOHAN BAEKELMANS and Ellen Gestels.
Directors
According to the 2025 annual accounts
JOHAN BAEKELMANS
Director
since 2004
Ellen Gestels
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Noordeneind 13
2910 Essen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0867.812.478
- VAT number
- BE 0867.812.478
- Registered office
- Noordeneind 13, 2910 Essen
- Names & denominations
- JETCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 2004
- Peppol
- Active · Active since 18 Apr 2025
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