Buro-JVL

Active

Private limited companyfounded 20196 yrs activeKromstraat 21, 2470 Retie, BelgiumKBO/BCE: BE 0737.364.009

Buro-JVL has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47k and a net result of €1k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 1937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

83 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability68▼-7

Solvency100=

Growth52=

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity ample (current ratio 3.7 against 4.09 in 2023; short-term debt: 23.8% and cash: 57.1% of total assets), and 23.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

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

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

76.2%

Return on assets

1.9%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

43 d early

2023

42 d early

2022

41 d early

2021

39 d early

2020

59 d early

← before the deadline after the deadline →

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, abbreviated schema

Equity

€47k▲ 2.5%

2023 · €46k

2020: €35k 2021: €40k 2022: €43k 2023: €46k

2020 → 2024

Total assets

€62k▲ 9.3%

2023 · €57k

2020: €63k 2021: €54k 2022: €52k 2023: €57k

2020 → 2024

Net result

€1k▼ 61.9%

2023 · €3k

2020: €29k 2021: €5k 2022: €3k 2023: €3k

2020 → 2024

Working capital

€40k▲ 21.4%

2023 · €33k

2020: €5k 2021: €12k 2022: €25k 2023: €33k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€35k-€40k▲ 13.1%€43k▲ 8.1%€46k▲ 7.1%€47k▲ 2.5%

Operating result€40k-€7k▼ 83.4%€7k▼ 0.5%€6k▼ 3.3%€3k▼ 46.7%

Net result€29k-€5k▼ 84.2%€3k▼ 30.0%€3k▼ 5.8%€1k▼ 61.9%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen four years in a row; 2024 is 47% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €62k

12%

88.0%

Fixed assets €7k▼ 44.1%

Current assets €54k▲ 25.7%

Equity and liabilities €62k

76.2%

23.8%

Equity €47k▲ 2.5%

Debt €15k▲ 39.0%

The debt ratio rises from 18.7% to 23.8%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€9k▼

2023 · €13k

Cash flow

€7k▼

2023 · €10k

Solvency

76.2%▼

2023 · 81.3%

Current ratio

3.70▼

2023 · 4.09

Quick ratio

3.70▼

2023 · 4.09

Debt / equity

0.31▲

2023 · 0.23

ROE

2.5%▼

2023 · 6.6%

ROA

1.9%▼

2023 · 5.4%

Interest coverage

5.61▼

2023 · 6.73

Debt

€15k▲

2023 · €11k

Debt ≤ 1 year

€15k▲

2023 · €11k

Income taxes

€603▼

2023 · €1k

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€57k€62k▲

Fixed assets21/28€13k€7k▼

Intangible fixed assets21€3k-

Tangible fixed assets22/27€11k€7k▼

Land and buildings22€3k€2k▼

Furniture and vehicles24€8k€5k▼

Current assets29/58€43k€54k▲

Amounts receivable within one year40/41€23k€19k▼

Trade receivables40€22k€17k▼

Other amounts receivable41€1k€2k▲

Cash at bank and in hand54/58€20k€35k▲

Equity and liabilities

Total equity and liabilities10/49€57k€62k▲

Equity10/15€46k€47k▲

Contributions10/11€6k€6k=

Reserves13€40k€41k▲

Distributable reserves133€40k€41k▲

Amounts payable17/49€11k€15k▲

Amounts payable within one year42/48€11k€15k▲

Trade debts44€3k€2k▼

Suppliers440/4€3k€2k▼

Taxes, remuneration and social security45€3k€5k▲

Taxes450/3€3k€5k▲

Other amounts payable47/48€5k€7k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼

Other operating charges640/8€493€505▲

Gross operating margin9900€14k€10k▼

Operating profit (loss)9901€6k€3k▼

Financial income75/76B€12€1▼

Recurring financial income75€12€1▼

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€4k€2k▼

Income taxes67/77€1k€603▼

Profit (loss) for the period9904€3k€1k▼

Profit (loss) for the period to be appropriated9905€3k€1k▼

Appropriation of the result

Profit (loss) to be appropriated9906€3k€1k▼

Transfer to equity691/2€3k€1k▼

To other reserves6921€3k€1k▼

The notes to these accounts (7 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

All 7Financial 2Filings 5

2025

18-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €1k ▼61.9%

Net result drops to €1k, the lowest in the series.

19-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

20-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Liquidity doublescurrent ratio 3.94

Current ratio from 1.83 to 3.94; short-term debt falls from €14k to €9k.

22-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

02-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Retie · 1 establishment unit since 2019

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.

Kromstraat 212470 Retie

Ground area

560 m²

Building footprint

123 m²

Volume, LiDAR

814 m³

Parcel 13036B0104/00B002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Buro-JVL

Kromstraat 21, 2470 RetieManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20192.295.299.617

1 parcel

Flanders 1 (100%)