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J.V. CONSTRUCT

Active
Public limited companyfounded 1987active for 39 yearsRue Sous l'Haye(PIE) 35, 7100 La Louvière, BelgiumKBO/BCE: BE 0430.704.546

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

J.V. CONSTRUCT has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €543,945 and a net result of €74,578. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 21% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

KBO
Status
Active since 30-03-1987 Normal situation
Legal form
Public limited company
Registered office
Rue Sous l'Haye(PIE) 35, 7100 La Louvière
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.032.623.716 7100 La Louvière, since 18-01-2002
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Who decides

Holdings
Shares in 1 company COVEDIM

How it is doing

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€183,279
▲ 186%
Turnover
≈ €650,000
estimated
Profit
€74,578
▲ 41×
Equity
€543,945
▲ 15.9%
Total assets
€4.0m
▲ 82.7%
2025 accounts filed 46 days late
Filed on 15-09-2026at the National Bank
Why 80raises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 1.05, cash €146,291Last filed accounts filed 46 days late; 1 of the last 3 latelowers riskSize: total assets €4.0mShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 41, small)
Financial strength · tick = 2024
Weak
Solvency 38-8
equity 13.5% of total assets
Liquidity 8-4
short-term debt 85.1% · cash 3.6%
Profitability 38+6
return on assets 1.8%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.6%▼ -0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.6 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▼ -0.4 percentage points vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.05, compared with 1.1 in 2024, below the usual 1.5; short-term debt: 85.1% and cash: 3.6% of total assets), and 86.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small): better than 24% on solvency, 8% on liquidity, 27% on profitability and 76% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises risk
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €4.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.05, cash €146,291
NBB · annual accounts
raises risk · Last filed accounts filed 46 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1028 sector peers (2025).
NBB · sector comparison
Position among 1028 sector peers
Solvency
better than 21%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €543,945
raises risk · 2025 accounts filed 46 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
46 days late
2024
26 days late
2023
12 days late
2022
31 days late
2021
27 days early
2020
26 days late
2019
74 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, full format

2025 annual accounts filed late (46 days) Filed on 15 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00513037.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
15-09-2026
Format
full format
Reference
2026-00513037
Turnover
≈ €650,000
Estimated: probably between €440,000 and €1.0m
EBIT margin
Not included in this filing
Net result
€74,578▲ 41×
2024 · €1,826
Working capital
€175,441▲ 8.8%
2024 · €161,304
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has risen four years in a row; 2025 is 4.5 times 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2025 Net result€0.07m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.003m-€0.09m€0.01m▼ 85.6%-€0.07m-€0.04m▲ 37.7%-€0.03m▲ 22.5%€0.03m€0.2m▲ 348%
Net result-€0.008m-€0.06m€0.008mwithin the sector's middle half▼ 86.1%-€0.07mbelow the sector's middle half-€0.03mbelow the sector's middle half▲ 48.8%-€0.03mbelow the sector's middle half▲ 25.5%€0.002mwithin the sector's middle half€0.07mwithin the sector's middle half▲ 41×
Equity€0.5m-€0.6m▲ 11.4%€0.6mabove the sector's middle half▲ 1.4%€0.5mabove the sector's middle half▼ 11.3%€0.5mabove the sector's middle half▼ 6.5%€0.5mabove the sector's middle half▼ 5.2%€0.5mabove the sector's middle half▲ 0.4%€0.5mwithin the sector's middle half▲ 15.9%
Total assets€1.0m-€0.9m▼ 14.0%€0.8mabove the sector's middle half▼ 4.3%€0.7mabove the sector's middle half▼ 13.4%€0.7mabove the sector's middle half▼ 7.4%€0.7mabove the sector's middle half▼ 3.6%€2.2mabove the sector's middle half▲ 239%€4.0mwithin the sector's middle half▲ 82.7%
Debt€0.4m-€0.2m▼ 51.2%€0.1m▼ 23.2%€0.1m▼ 29.7%€0.09m▼ 16.9%€0.09m▲ 4.1%€1.6m▲ 18×€3.4m▲ 108%
Working capital€0.2m-€0.2m▲ 19.1%€0.2mabove the sector's middle half▲ 3.2%€0.2mabove the sector's middle half▼ 25.8%€0.1mabove the sector's middle half▼ 8.5%€0.1mabove the sector's middle half▼ 3.3%€0.2mabove the sector's middle half▲ 14.0%€0.2mwithin the sector's middle half▲ 8.8%
Solvency51.4%-66.6%▲ 15.2pp70.6%above the sector's middle half▲ 4.0pp72.3%above the sector's middle half▲ 1.7pp73.0%above the sector's middle half▲ 0.7pp71.8%above the sector's middle half▼ 1.2pp21.2%within the sector's middle half▼ 50.6pp13.5%below the sector's middle half▼ 7.8pp
Current ratio1.56-2.43▲ 0.882.61within the sector's middle half▲ 0.182.54within the sector's middle half▼ 0.072.70within the sector's middle half▲ 0.162.58within the sector's middle half▼ 0.121.10within the sector's middle half▼ 1.481.05below the sector's middle half▼ 0.05
Return on assets (ROA)-0.7%-6.8%▲ 7.6pp1.0%within the sector's middle half▼ 5.8pp-9.2%below the sector's middle half▼ 10.2pp-5.1%below the sector's middle half▲ 4.1pp-3.9%below the sector's middle half▲ 1.2pp0.1%within the sector's middle half▲ 4.0pp1.8%within the sector's middle half▲ 1.8pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets €427,704 ▲ 7.0%
Current assets €3.6m ▲ 99.5%
Equity and liabilities €4.0m
Equity €543,945 ▲ 15.9%
Provisions €59,200 ▼ 35.3%
Debt €3.4m ▲ 108%
Debt's share of the balance-sheet total rises from 74.6% to 85.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€173,496▲
2024 · €55,644
Cash flow
€96,448▲
2024 · €23,636
Quick ratio
0.24▲
2024 · 0.19
Debt to equity
6.31▲
2024 · 3.51
ROE
13.7%▲
2024 · 0.4%
Interest coverage
2.02▲
2024 · 1.63
Debt ≤ 1 year
€3.4m▲
2024 · €1.6m
Income taxes
€21,559
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.1% went bankrupt
1.9% stopped otherwise
96.9% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,685 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 15-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€2.2m€4.0m▲
Fixed assets21/28€0.4m€0.4m▲
Tangible fixed assets22/27€0.3m€0.3m▼
Land and buildings22€0.3m€0.3m▼
Plant, machinery and equipment23€0.002m€0.001m▼
Financial fixed assets28€0.05m€0.1m▲
Current assets29/58€1.8m€3.6m▲
Stocks and contracts in progress3€1.5m€2.8m▲
Stocks30/36-€0.1m
Contracts in progress37€1.5m€2.7m▲
Amounts receivable within one year40/41€0.3m€0.7m▲
Trade receivables40-€0.5m
Other amounts receivable41€0.3m€0.2m▼
Cash at bank and in hand54/58€0.04m€0.1m▲
Deferred charges and accrued income490/1€0.004m€0.002m▼
Equity and liabilities
Total equity and liabilities10/49€2.2m€4.0m▲
Equity10/15€0.5m€0.5m▲
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€0.09m€0.07m▼
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Tax-exempt reserves132€0.07m€0.007m▼
Distributable reserves133€0.02m€0.06m▲
Profit (loss) carried forward14€0.3m€0.4m▲
Provisions and deferred taxes16€0.09m€0.06m▼
Provisions for liabilities and charges160/5€0.06m€0.06m=
Pensions and similar obligations160€0.06m€0.06m=
Deferred taxes168€0.03m-
Amounts payable17/49€1.6m€3.4m▲
Amounts payable within one year42/48€1.6m€3.4m▲
Financial debts43€1.4m€2.4m▲
Credit institutions430/8€1.4m€2.2m▲
Other loans439€0.02m€0.1m▲
Trade debts44€0.2m€0.4m▲
Suppliers440/4€0.2m€0.4m▲
Advances received on contracts in progress46€0.01m€0.7m▲
Taxes, remuneration and social security45€5€0.02m▲
Taxes450/3€5€0.02m▲
Income statement Code20242025
Non-recurring operating income76A€62-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Other operating charges640/8€0.008m€0.01m▲
Non-recurring operating charges66A-€70
Gross operating margin9900€0.06m€0.2m▲
Operating profit (loss)9901€0.03m€0.2m▲
Financial charges65/66B€0.03m€0.09m▲
Recurring financial charges65€0.03m€0.09m▲
Non-recurring financial charges66B-€0.002m
Profit (loss) for the period before taxes9903-€404€0.06m▲
Transfer from deferred taxes780€0.002m€0.03m▲
Income taxes67/77-€0.02m
Profit (loss) for the period9904€0.002m€0.07m▲
Transfer from tax-exempt reserves789€0.004m€0.06m▲
Profit (loss) for the period to be appropriated9905€0.006m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.5m▲
Profit (loss) brought forward from the previous period14P€0.3m€0.3m▲
Transfer to equity691/2-€0.04m
To other reserves6921-€0.04m

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€62--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,453€35,348€32,682€27,883€23,052€23,052€21,810€21,871▲ 0.3%
Other operating charges640/8---€5,900€5,136€6,396€8,385€9,714▲ 15.8%
Non-recurring operating charges66A-------€70-
Gross operating margin9900€44,788€133,357€51,980-€38,468-€16,809-€5,430€64,029€183,279▲ 186%
Operating profit (loss)9901-€3,042€91,673€13,197-€72,251-€44,998-€34,878€33,834€151,625▲ 348%
Financial income75/76B---€3,976€8,487€7,036---
Recurring financial income75€46€558€1,185€3,976€8,487€7,036---
Financial charges65/66B---€1,286€201€86€34,238€87,801▲ 156%
Recurring financial charges65€6,056€3,379€2,020€1,286€201€86€34,238€86,039▲ 151%
Non-recurring financial charges66B-------€1,762-
Profit (loss) for the period before taxes9903-€9,053€88,853€12,362-€69,562-€36,712-€27,928-€404€63,824-
Transfer from deferred taxes780---€2,230€2,230€2,230€2,230€32,312▲ 14×
Income taxes67/77€841€30,887€6,199----€21,559-
Profit (loss) for the period9904-€7,664€60,196€8,393-€67,332-€34,482-€25,698€1,826€74,578▲ 41×
Transfer from tax-exempt reserves789---€4,330€4,330€4,330€4,330€62,751▲ 14×
Profit (loss) for the period to be appropriated9905-€3,333€64,526€12,724-€63,001-€30,152-€21,368€6,156€137,329▲ 22×
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.0m€0.9m€0.8m€0.7m€0.7m€0.7m€2.2m€4.0m▲ 82.7%
Fixed assets21/28€0.5m€0.5m€0.5m€0.5m€0.4m€0.4m€0.4m€0.4m▲ 7.0%
Tangible fixed assets22/27€0.5m€0.5m€0.4m€0.4m€0.4m€0.4m€0.3m€0.3m▼ 6.3%
Land and buildings22---€0.4m€0.4m€0.4m€0.3m€0.3m▼ 6.2%
Plant, machinery and equipment23---€0.003m€0.001m-€0.002m€0.001m▼ 26.6%
Financial fixed assets28€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m€0.1m▲ 100%
Current assets29/58€0.5m€0.4m€0.3m€0.3m€0.2m€0.2m€1.8m€3.6m▲ 99.5%
Stocks and contracts in progress3€0.3m-----€1.5m€2.8m▲ 85.3%
Stocks30/36-------€0.1m-
Contracts in progress37------€1.5m€2.7m▲ 76.7%
Amounts receivable within one year40/41€0.2m€0.09m€0.1m€0.2m€0.2m€0.2m€0.3m€0.7m▲ 159%
Trade receivables40---€0.001m-€0.009m-€0.5m-
Other amounts receivable41---€0.2m€0.2m€0.2m€0.3m€0.2m▼ 36.9%
Cash at bank and in hand54/58€0.01m€0.3m€0.2m€0.07m€0.03m€0.002m€0.04m€0.1m▲ 248%
Deferred charges and accrued income490/1---€0.01m€0.003m€0.008m€0.004m€0.002m▼ 45.3%
Equity and liabilities
Total equity and liabilities10/49€1.0m€0.9m€0.8m€0.7m€0.7m€0.7m€2.2m€4.0m▲ 82.7%
Equity10/15€0.5m€0.6m€0.6m€0.5m€0.5m€0.5m€0.5m€0.5m▲ 15.9%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.09m€0.07m▼ 24.9%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Tax-exempt reserves132---€0.007m€0.08m€0.07m€0.07m€0.007m▼ 90.3%
Distributable reserves133---€0.09m€0.02m€0.02m€0.02m€0.06m▲ 254%
Profit (loss) carried forward14€0.3m€0.4m€0.4m€0.4m€0.3m€0.3m€0.3m€0.4m▲ 30.9%
Provisions and deferred taxes16€0.1m€0.1m€0.1m€0.1m€0.1m€0.09m€0.09m€0.06m▼ 35.3%
Provisions for liabilities and charges160/5---€0.06m€0.06m€0.06m€0.06m€0.06m=
Pensions and similar obligations160---€0.06m€0.06m€0.06m€0.06m€0.06m=
Deferred taxes168---€0.04m€0.04m€0.03m€0.03m--
Amounts payable17/49€0.4m€0.2m€0.1m€0.1m€0.09m€0.09m€1.6m€3.4m▲ 108%
Amounts payable after more than one year17€0.08m€0.05m€0.01m------
Amounts payable within one year42/48€0.3m€0.1m€0.1m€0.1m€0.09m€0.09m€1.6m€3.4m▲ 108%
Current portion of amounts payable after more than one year42---€0.01m-----
Financial debts43------€1.4m€2.4m▲ 62.8%
Credit institutions430/8------€1.4m€2.2m▲ 57.0%
Other loans439------€0.02m€0.1m▲ 490%
Trade debts44€0.1m€0.09m€0.09m€0.08m€0.08m€0.07m€0.2m€0.4m▲ 90.7%
Suppliers440/4---€0.08m€0.08m€0.07m€0.2m€0.4m▲ 90.7%
Advances received on contracts in progress46---€0.01m€0.01m€0.02m€0.01m€0.7m▲ 69×
Taxes, remuneration and social security45------€5€0.02m▲ 4,219×
Taxes450/3------€5€0.02m▲ 4,219×
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€7,664€60,196€8,393-€67,332-€34,482-€25,698€1,826€74,578▲ 41×
+ Depreciation and write-downs630€39,453€35,348€32,682€27,883€23,052€23,052€21,810€21,871▲ 0.3%
Operating cash flow (approximation)€31,789€95,543€41,075-€39,449-€11,430-€2,646€23,636€96,448▲ 308%
Investment in fixed assets (approximation)--€27,745€0€0€0€0-€1,610-€50,000▼ 3,006%
Change in cash-€245,549-€19,073-€167,937-€41,801-€27,380€40,268€104,309▲ 159%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 38 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 15-09-2026 2026-00513037 NBB
31-12-2024 micro format 26-08-2025 2025-00404522 PDF
31-12-2023 micro format 12-08-2024 2024-00339432 PDF
31-12-2022 micro format 31-08-2023 2023-00387508 PDF
31-12-2021 micro format 04-07-2022 2022-20123234 PDF
31-12-2020 micro format 26-08-2021 2021-53400359 PDF
31-12-2019 micro format 13-10-2020 2020-60900411 PDF
31-12-2018 micro format 18-07-2019 2019-33900348 PDF
31-12-2017 micro format 21-08-2018 2018-47000049 PDF
31-12-2016 micro format 30-08-2017 2017-54000459 PDF

Show all 38 filings

Similar companies · same sector, comparable size

Of the 29,223 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,406. 9,005 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2023
JONAITIS Lorenzo
Director · appointed in the act of 22-11-2023 · in the 2023 annual accounts, filed on 12-08-2024
Current
JONAITIS Vinças
Director · appointed in the act of 22-11-2023 · in the 2023 annual accounts, filed on 12-08-2024
Current

Mandate history

3 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
JONAITIS Lorenzo
  • Director, appointed in the act of 22-11-2023, still in office
JONAITIS Vinças
  • Director, appointed in the act of 22-11-2023, still in office
JONAITIS Vitautas
  • Director, until 22-11-2023
See the board, name and registered office on a given date →

How the board is organised

Board ruleHow the board is made up, meets and takes decisions.
“1, justes-motifs”
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution_pour_quelque_raison_que_ce_soit_à_n_importe_quel_moment, assemblée_décide_seuls_conjointement_ou_collégialement”
1 more provision on this in the deed

Articles of association, deed of 22-11-2023 (in French)

Owners and capital

Capital and shareholders

Capital over the years
  1. 22-11-2023 Capital stated in the deed · €80,000 · 250 shares

Shares according to the articles of association

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Administrateur, prorogation_assemblée_générale”
Other provision: “Affectation_bénéfices, réserve_légale_entamée_jusqu_à_nouveau_un-dixième”
Other provision: “Paiement dividendes acomptes, conformément_dispositions_légales”
Liquidation distribution: “Espèces_ou_titres, paiement_dettes_charges_frais_ou_consignation_montants_nécessaires”
Other provision: “Litiges, affaires_société_entre_société_actionnaires_administrateur_représentants_permanents_directeurs_anciens_et_liquidateurs_et_entre_eux”
Other provision: “Communications sommations assignations significations valablement faites, élection_domicile”
Other provision: “Appels-fonds, inconditionnel-indivisible”
Other provision: “Nominatives, nature-actions”
Other provision: “Pouvoirs-administrateur, totalite-administration”
Other provision: “Controle-commissaires, lorsque-loi-exige”
Other provision: “Representation-assemblee-generale, formalites-admission-accomplies”
Other provision: “10-jours-ouvrables-avant-assemblee, vote-correspondance”
Other provision: “Bureau-assemblee, administrateur”
Other provision: “Datation-assemblee-annuelle-ecrite, date-statutaire-sauf-preuve-contraire”
Other provision: “Datation-assemblee-particuliere-ecrite, date-reception-siege-sauf-preuve-contraire”
9 more provisions in the deed, see the deed of 22-11-2023

Articles of association, deed of 22-11-2023 (in French)

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

J.V. CONSTRUCT was incorporated on 30 March 1987.1 Total assets rose from €1.0m in 2018 to €4.0m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
15-09
NBB filing Annual accounts filedNBB
financial year 2025 · full format · 46 days late
2025
31-12
Financial Highest result from 2018 to 2025net €74,578 ▲3,985%
Operating result €151,625, net result €74,578, both a record.
31-12
Financial Equity above €500,000equity €543,945 ▲15.9%
2 profitable years in a row build equity to €543,945.
26-08
NBB filing Annual accounts filedPDF
financial year 2024 · micro format · 26 days late
2024
31-12
Financial Back to profitnet €1,826
Net result €1,826 after 3 loss-making years.
12-08
NBB filing Annual accounts filedPDF
financial year 2023 · micro format · 12 days late
2023
22-11
Gazette deed Resignations & appointments
Resignation: JONAITIS Vitautas (director) · Appointments: JONAITIS Vinças (director) and JONAITIS Lorenzo (director) · Incorporation10 facts ▸
  • Board meeting, 17-11-2023
  • Incorporation, 30-03-1987
  • Amendment of the articles (2 times)
  • Capital, “euros 80.000” (deed in French)
  • Director resignation, JONAITIS Vitautas (director)
  • Director appointment, JONAITIS Vinças (director)
  • Director appointment, JONAITIS Lorenzo (director)
  • Director discharge, JONAITIS Vitautas
  • Power of attorney
  • General meeting, 17-11-2023

Open the act in the Belgian Official Gazette

31-08
NBB filing Annual accounts filedPDF
financial year 2022 · micro format · 31 days late
2022
04-07
NBB filing Annual accounts filedPDF
financial year 2021 · micro format
2021
31-12
Financial Weakest financial yearnet -€67,332
Net result drops to -€67,332, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filedPDF
financial year 2020 · micro format · 26 days late
2020
13-10
NBB filing Annual accounts filedPDF
financial year 2019 · micro format · 74 days late
Show earlier events
2019
31-12
Financial Back to profitnet €60,196
Net result €60,196 after one loss-making year.
18-07
NBB filing Annual accounts filedPDF
financial year 2018 · micro format
2018
21-08
NBB filing Annual accounts filedPDF
financial year 2017 · micro format · 21 days late
2017
30-08
NBB filing Annual accounts filedPDF
financial year 2016 · micro format · 30 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name J.V. CONSTRUCT in French
Enterprise number 0430.704.546
Legal form Public limited company
Status Active, normale toestand
Founded 30-03-1987
Type Legal entity

Where it is based

Registered office Rue Sous l'Haye(PIE) 35, 7100 La Louvière, Belgium
Establishments 1 establishment unit since 2002

What it does

NACEBEL 2025
41001 General construction of residential buildings main activity

Invoicing and payment

VAT number BE 0430.704.546
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0430704546
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0430.704.546

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Scores and ratios are computed by Checked and are not a credit decision.

Purpose, financial year and meetings according to the articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
J.V. CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, simple décision de l’administrateur”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Titre VI: Assemblée générale Article 18: Tenue et convocation L’assemblée générale annuelle se réunit le troisième jeudi du mois de juin…”

Articles of association, deed of 22-11-2023 (in French)

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
1 establishment unit
Rue Sous l'Haye(PIE) 35, 7100 La Louvière
Manufacture of fabricated metal products, except machinery and equipment
since 2002unit no. 2.032.623.716

Buildings and parcels at the address

Ground area
1,022 m²
Building footprint
135 m²
Building volume
775 m³
Parcel 56033A0045/00B018, Wallonia · tallest building 8.0 m.
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
56033A0045/00B018 Wallonia 1,022 m² 1 · 135 m² 8.0 m · 2