JAN VERBOVEN
ActiveSummary
JAN VERBOVEN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-17
Solvency40▼-7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.48 against 0.57 in 2023; short-term debt: 41.5% of total assets), and 85.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
14.7%
Return on assets
-0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2437 sector peers (2024).
NBB · sector comparisonPosition among 2437 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2026, 400 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
400 d late
2023
2 d early
2022
3 d early
2021
12 d late
2020
376 d late
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€64k▼ 4.2%
2023 · €67k
2018: €13k
2019: €17k
2020: €5k
2021: €-2k
2022: €27k
2023: €67k
2018 → 2024
Total assets
€435k▲ 42.2%
2023 · €306k
2018: €120k
2019: €243k
2020: €228k
2021: €207k
2022: €247k
2023: €306k
2018 → 2024
Net result
€-3k
2023 · €40k
2018: €909
2019: €4k
2020: €-12k
2021: €-6k
2022: €28k
2023: €40k
2018 → 2024
Working capital
€-95k▼ 31.7%
2023 · €-72k
2018: €-36k
2019: €-102k
2020: €-78k
2021: €-76k
2022: €-63k
2023: €-72k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€-2k€27k€67k▲ 152%€64k▼ 4.2%
Operating result€-5k-€-374▲ 92.5%€34k€55k▲ 60.5%€6k▼ 88.2%
Net result€-12k-€-6k▲ 45.9%€28k€40k▲ 41.6%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €435k
Fixed assets
€350k ▲ 67.4%
Current assets
€86k ▼ 11.7%
Equity and liabilities €435k
Equity
€64k ▼ 4.2%
Debt
€371k ▲ 55.2%
Debt's share of the balance-sheet total rises from 78.2% to 85.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€66k▼
2023 · €89k
Cash flow
€57k▼
2023 · €75k
Current ratio
0.48▼
2023 · 0.57
Quick ratio
0.39▼
2023 · 0.46
Debt to equity
5.80▲
2023 · 3.58
ROE
-4.4%▼
2023 · 60.3%
ROA
-0.6%▼
2023 · 13.2%
Interest coverage
7.17▼
2023 · 9.28
Debt ≤ 1 year
€181k▲
2023 · €169k
Debt > 1 year
€191k▲
2023 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€306k€435k▲
Fixed assets21/28€209k€350k▲
Tangible fixed assets22/27€209k€350k▲
Plant, machinery and equipment23€133k€94k▼
Furniture and vehicles24€76k€256k▲
Current assets29/58€97k€86k▼
Stocks and contracts in progress3€20k€15k▼
Stocks30/36€20k€15k▼
Amounts receivable within one year40/41€76k€71k▼
Trade receivables40€72k€71k▼
Other amounts receivable41€4k-
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€306k€435k▲
Equity10/15€67k€64k▼
Contributions10/11€7k€7k=
Reserves13€60k€58k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€58k€56k▼
Amounts payable17/49€239k€371k▲
Amounts payable after more than one year17€70k€191k▲
Financial debts170/4€70k€191k▲
Amounts payable within one year42/48€169k€181k▲
Current portion of amounts payable after more than one year42€23k€62k▲
Financial debts43€32k€26k▼
Credit institutions430/8€32k€26k▼
Trade debts44€94k€78k▼
Suppliers440/4€94k€78k▼
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€12k€7k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€60k▲
Other operating charges640/8€822€3k▲
Gross operating margin9900€90k€70k▼
Operating profit (loss)9901€55k€6k▼
Financial income75/76B€0€52▲
Recurring financial income75€0€52▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€45k€-3k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€40k€-3k▼
Profit (loss) for the period to be appropriated9905€40k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€-3k▼
Transfer from equity791/2-€48k
Transfer to equity691/2€40k€46k▲
To other reserves6921€40k€46k▲
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
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 400 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €40k ▲41.6%
Operating result €55k, net result €40k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 376 days late
2020
31-12
Financial
Weakest financial yearnet €-12k ▼428%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
24-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 328 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 92 days late
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, Zoutleeuw · 1 establishment unit since 2005
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.
Bosstraat 13440 ZoutleeuwGround area
2,523 m²
Building footprint
81 m²
Volume, LiDAR
461 m³
Parcel 24037B0058/00E000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JAN VERBOVEN BVBA
since 20052.149.346.091
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24037B0058/00E000 | Flanders | 2,523 m² | 1 · 81 m² | 8.9 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteZoutleeuw2.149.346.091
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CREA FERRO
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JOVEKO
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,123 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.