JAN VRIENDS
ActiveJAN VRIENDS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €386k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+3
Solvency65▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.87 in 2024; short-term debt: 32.4% and cash: 6.8% of total assets), and 59.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.5%
Return on assets
12.5%
Age of the figures
18 mo
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 31-03-2025 was due by 31-10-2025 and was filed on 22-10-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
1 d early
2023
38 d late
2022
3 d late
2021
2 d early
2020
30 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.25M▲ 44.7%
2024 · €864k
2019: €353k
2020: €388k
2021: €541k
2022: €590k
2023: €693k
2024: €864k
2019 → 2025
Total assets
€3.09M▲ 79.8%
2024 · €1.72M
2019: €1.24M
2020: €1.18M
2021: €1.41M
2022: €1.69M
2023: €1.87M
2024: €1.72M
2019 → 2025
Net result
€386k▲ 125%
2024 · €171k
2019: €56k
2020: €55k
2021: €154k
2022: €182k
2023: €238k
2024: €171k
2019 → 2025
Working capital
€408k▼ 18.2%
2024 · €499k
2019: €169k
2020: €214k
2021: €318k
2022: €284k
2023: €399k
2024: €499k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€541k-€590k▲ 9.1%€693k▲ 17.4%€864k▲ 24.7%€1.25M▲ 44.7%
Operating result€232k-€263k▲ 13.4%€375k▲ 42.6%€268k▼ 28.3%€317k▲ 18.0%
Net result€154k-€182k▲ 18.1%€238k▲ 30.7%€171k▼ 28.1%€386k▲ 125%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.09M
Fixed assets
€1.68M▲ 160%
Current assets
€1.41M▲ 31.5%
Equity and liabilities €3.09M
Equity
€1.25M▲ 44.7%
Debt
€1.84M▲ 115%
The debt ratio rises from 49.7% to 59.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€404k▲
2024 · €352k
Cash flow
€474k▲
2024 · €255k
Solvency
40.5%▼
2024 · 50.3%
Current ratio
1.41▼
2024 · 1.87
Quick ratio
1.09▼
2024 · 1.44
Debt / equity
1.47▲
2024 · 0.99
ROE
30.9%▲
2024 · 19.8%
ROA
12.5%▲
2024 · 10.0%
Interest coverage
12.81▼
2024 · 22.31
Debt
€1.84M▲
2024 · €853k
Debt ≤ 1 year
€1.00M▲
2024 · €573k
Debt > 1 year
€829k▲
2024 · €277k
Income taxes
€109k▲
2024 · €81k
Staff costs
€899k▲
2024 · €875k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.72M€3.09M▲
Fixed assets21/28€646k€1.68M▲
Tangible fixed assets22/27€642k€660k▲
Land and buildings22€112k€102k▼
Plant, machinery and equipment23€53k€85k▲
Furniture and vehicles24€53k€34k▼
Leasing and similar rights25€28k€59k▲
Other tangible fixed assets26€396k€380k▼
Financial fixed assets28€4k€1.02M▲
Current assets29/58€1.07M€1.41M▲
Stocks and contracts in progress3€245k€319k▲
Stocks30/36€245k€319k▲
Amounts receivable within one year40/41€527k€875k▲
Trade receivables40€476k€673k▲
Other amounts receivable41€50k€202k▲
Cash at bank and in hand54/58€285k€209k▼
Deferred charges and accrued income490/1€14k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.72M€3.09M▲
Equity10/15€864k€1.25M▲
Contributions10/11€6k€6k=
Reserves13€858k€1.24M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€858k€1.24M▲
Profit (loss) carried forward14€0-
Amounts payable17/49€853k€1.84M▲
Amounts payable after more than one year17€277k€829k▲
Financial debts170/4€277k€741k▲
Other amounts payable178/9-€88k
Amounts payable within one year42/48€573k€1.00M▲
Current portion of amounts payable after more than one year42€49k€168k▲
Trade debts44€208k€393k▲
Suppliers440/4€208k€393k▲
Taxes, remuneration and social security45€81k€193k▲
Taxes450/3€22k€41k▲
Remuneration and social security454/9€59k€152k▲
Other amounts payable47/48€234k€246k▲
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€8k€4k▼
Remuneration, social security and pensions62€875k€899k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€88k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€1.23M€1.31M▲
Operating profit (loss)9901€268k€317k▲
Financial income75/76B€23€210k▲
Recurring financial income75€23€210k▲
Financial charges65/66B€16k€32k▲
Recurring financial charges65€16k€32k▲
Profit (loss) for the period before taxes9903€253k€495k▲
Income taxes67/77€81k€109k▲
Profit (loss) for the period9904€171k€386k▲
Profit (loss) for the period to be appropriated9905€171k€386k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171k€386k▲
Transfer from equity791/2€0-
Transfer to equity691/2€171k€386k▲
To other reserves6921€171k€386k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908713.513.0▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €386k ▲125%
Net result €386k, the highest in the series.
31-03
Financial
Equity above €1MEq €1.25M ▲44.7%
7 profitable years in a row build equity to €1.25M.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 38 days late
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €500kEq €541k ▲39.3%
3 profitable years in a row build equity to €541k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Weakest financial yearnet €55k ▼1.3%
Net result drops to €55k, the lowest in the series; recovery starts the following year.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brecht · 1 establishment unit since 2012
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.
Schotensteenweg 72960 BrechtGround area
812 m²
Building footprint
107 m²
Volume, LiDAR
671 m³
Parcel 11333N0278/00P000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JAN VRIENDS
since 20122.207.969.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333N0278/00P000 | Flanders | 812 m² | 1 · 107 m² | 10.8 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,189 EUR awarded · 2,189 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 477 EUR | 870 EUR |
| 2023 | 1 | 1,712 EUR | 1,319 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 4,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2012
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.