J.V.M.
ActiveJ.V.M. has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €267k and a net result of €5k. Equity is shrinking by ~4.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +42 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▲+10
Solvency100▲+9
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 8.22 against 1.62 in 2023), and 1.9% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
20 d early
2022
31 d early
2021
24 d early
2020
43 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€267k▲ 2.0%
2023 · €262k
2018: €338k
2019: €338k
2020: €353k
2021: €374k
2022: €305k
2023: €262k
2018 → 2024
Total assets
€272k▼ 3.4%
2023 · €282k
2018: €414k
2019: €379k
2020: €515k
2021: €530k
2022: €416k
2023: €282k
2018 → 2024
Net result
€5k
2023 · €-43k
2018: €6k
2019: €10
2020: €15k
2021: €21k
2022: €31k
2023: €-43k
2018 → 2024
Working capital
€37k▲ 202%
2023 · €12k
2018: €65k
2019: €66k
2020: €89k
2021: €110k
2022: €50k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€353k-€374k▲ 5.9%€305k▼ 18.4%€262k▼ 14.2%€267k▲ 2.0%
Operating result€22k-€28k▲ 27.8%€42k▲ 49.8%€-43k€5k
Net result€15k-€21k▲ 35.3%€31k▲ 50.8%€-43k€5k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €43k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €272k
Fixed assets
€230k▼ 7.9%
Current assets
€42k▲ 30.9%
Equity and liabilities €272k
Equity
€267k▲ 2.0%
Debt
€5k▼ 74.3%
The debt ratio falls from 7.1% to 1.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€5k▲
2023 · €-36k
Cash flow
€5k▲
2023 · €-36k
Solvency
98.1%▲
2023 · 92.9%
Current ratio
8.22▲
2023 · 1.62
Quick ratio
8.22▲
2023 · 1.62
Debt / equity
0.02▼
2023 · 0.08
ROE
1.9%▲
2023 · -16.6%
ROA
1.9%▲
2023 · -15.4%
Interest coverage
78.89▲
2023 · -520.40
Debt
€5k▼
2023 · €20k
Debt ≤ 1 year
€5k▼
2023 · €20k
Staff costs
€-1k▼
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€282k€272k▼
Fixed assets21/28€249k€230k▼
Tangible fixed assets22/27€249k€230k▼
Plant, machinery and equipment23€10k€0▼
Furniture and vehicles24€10k€0▼
Other tangible fixed assets26€230k€230k=
Current assets29/58€32k€42k▲
Amounts receivable within one year40/41€18k€4k▼
Trade receivables40€13k€4k▼
Other amounts receivable41€5k€808▼
Cash at bank and in hand54/58€10k€38k▲
Deferred charges and accrued income490/1€4k€0▼
Equity and liabilities
Total equity and liabilities10/49€282k€272k▼
Equity10/15€262k€267k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€200k€205k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€947€947=
Distributable reserves133€193k€198k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€20k€5k▼
Amounts payable within one year42/48€20k€5k▼
Trade debts44€20k€99▼
Suppliers440/4€20k€99▼
Taxes, remuneration and social security45€0€5k▲
Taxes450/3€0€5k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€1k€-1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€0▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-34k€5k▲
Operating profit (loss)9901€-43k€5k▲
Financial income75/76B€80€49▼
Recurring financial income75€80€49▼
Financial charges65/66B€69€65▼
Recurring financial charges65€69€65▼
Profit (loss) for the period before taxes9903€-43k€5k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-43k€5k▲
Profit (loss) for the period to be appropriated9905€-43k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€5k▲
Transfer from equity791/2€43k€0▼
Transfer to equity691/2-€5k
To other reserves6921-€5k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 8.22
Current ratio from 1.62 to 8.22; short-term debt falls from €20k to €5k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-43k ▼239%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €31k ▲50.8%
Operating result €42k, net result €31k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are 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, Genk · 1 establishment unit since 1971
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.
Zuiderring 283600 GenkGround area
1.5 ha
Building footprint
229 m²
Volume, LiDAR
970 m³
Parcel 71305F0954/00X026, Flanders · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zuiderring 28, 3600 Genk
since 19712.007.204.568
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F0954/00X026 | Flanders | 1.5 ha | 1 · 229 m² | 5.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1971
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.