Result
Back in profit in 2025, after a loss of €27,870 in 2024.
Back in profit in 2025, after a loss of €27,870 in 2024.
The micro format states no turnover.
Short-term debts fell from €171,985 to €23,614.
The 2021 accounts came latest: 8 days after the end of the period.
Higher solvency than 93% of companies in real estate. Sector median 28.9% · 17,194 companies.
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 68, micro). It does better than 91% of them on solvency, 90% on liquidity, 95% on profitability and 85% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as JAVA DEVELOPMENT has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of JAVA DEVELOPMENT itself is lower: < 0.1% within 12 months. It rests on far more data about JAVA DEVELOPMENT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for JAVA DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 12.91 (2.12 in 2024), above the usual 1.5. Short-term debt is 7.7% and cash 30.3% of total assets. 7.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 9 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| JAVA DEVELOPMENT Antwerp | €304,874 | €114,146 | 92.3% | - |
| Rover Infra Consult Antwerp | €282,406 | €94,902 | 93.0% | - |
| BSS+ Geel | €345,735 | €134,334 | 37.9% | - |
| VAMABUILD Stabroek | €330,338 | €119,170 | 35.8% | - |
| Verant Projectontwikkeling Wuustwezel | €301,061 | €182,977 | 19.6% | 0 |
| Hogires Beerse | €304,220 | €82,022 | 75.8% | - |
| MDK Development Puurs-Sint-Amands | €351,015 | €78,860 | 48.6% | - |
These companies have the same main activity as JAVA DEVELOPMENT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €282,000 and €351,000, founded between 2020 and 2021.
JAVA DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from €86,990 in 2021 to €114,146 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €150,000 and €380,000.
Higher than 93% of 17,194 companies in 2025.
Higher than 94% of 16,491 companies in 2025.
Higher than 90% of 16,870 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
304,874 | 364,559 | 422,736 | 211,069 | 161,550 | |
29/58 |
304,874 | 364,559 | 422,736 | 211,069 | 161,550 | |
3 |
0 | 130,000 | 150,000 | - | - | |
30/36 |
0 | 130,000 | 150,000 | - | - | |
40/41 |
212,587 | 206,284 | 241,828 | 116,770 | 66,090 | |
40 |
3,448 | 3,765 | 62,153 | 116,770 | 66,090 | |
41 |
209,139 | 202,519 | 179,676 | - | - | |
54/58 |
92,287 | 28,275 | 30,908 | 94,299 | 95,460 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
304,874 | 364,559 | 422,736 | 211,069 | 161,550 | |
10/15 |
281,260 | 192,574 | 220,444 | 157,063 | 98,223 | |
10/11 |
33,333 | 33,333 | 33,333 | 33,333 | 33,333 | |
13 |
247,927 | 159,241 | 187,111 | 123,730 | 64,890 | |
133 |
247,927 | 159,241 | 187,111 | 123,730 | 64,890 | |
17/49 |
23,614 | 171,985 | 202,292 | 54,006 | 63,328 | |
42/48 |
23,614 | 171,985 | 202,292 | 54,006 | 63,328 | |
43 |
0 | 147,625 | - | - | - | |
430/8 |
0 | 147,625 | - | - | - | |
44 |
1,468 | 849 | 178,781 | 633 | 34,467 | |
440/4 |
1,468 | 849 | 178,781 | 633 | 34,467 | |
45 |
22,146 | 23,511 | 23,511 | 53,373 | 28,861 | |
450/3 |
22,146 | 23,511 | 23,511 | 53,373 | 28,861 | |
| Income statement | ||||||
9900 |
114,146 | -30,650 | 104,225 | 79,294 | 86,990 | |
640/8 |
484 | 1,456 | 18,613 | 947 | 561 | |
9901 |
113,662 | -32,107 | 85,612 | 78,346 | 86,429 | |
75/76B |
6,444 | 8,925 | 2,985 | 194 | 130 | |
75 |
6,444 | 8,925 | 2,985 | 194 | 130 | |
65/66B |
9,273 | 4,688 | 569 | 69 | 32 | |
65 |
9,273 | 4,688 | 569 | 69 | 32 | |
9903 |
110,832 | -27,870 | 88,028 | 78,471 | 86,527 | |
67/77 |
22,146 | 0 | 24,647 | 19,631 | 21,637 | |
9904 |
88,686 | -27,870 | 63,381 | 58,840 | 64,890 | |
9905 |
88,686 | -27,870 | 63,381 | 58,840 | 64,890 | |
| Appropriation of the result | ||||||
9906 |
88,686 | -27,870 | 63,381 | 58,840 | 64,890 | |
791/2 |
0 | 27,870 | - | - | - | |
691/2 |
88,686 | 0 | 63,381 | 58,840 | 64,890 | |
6921 |
88,686 | 0 | 63,381 | 58,840 | 64,890 | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00371018 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00333266 | |
| 31-12-2023 | micro format | 05-08-2024 | 2024-00331469 | |
| 31-12-2022 | micro format | 07-06-2023 | 2023-00111578 | |
| 31-12-2021 | micro format | 08-08-2022 | 2022-20277146 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 0 | - | - | - | - | ||
| 64,012 | -2,632 | -63,391 | -1,161 | - | ||
| 281,260 | 192,574 | 220,444 | 157,063 | 98,223 | ||
| 92.3% | 52.8% | 52.1% | 74.4% | 60.8% | ||
| 12.91 | 2.12 | 2.09 | 3.91 | 2.55 | ||
| 12.91 | 1.36 | 1.35 | 3.91 | 2.55 | ||
| 0.08 | 0.89 | 0.92 | 0.34 | 0.64 | ||
| 31.5% | -14.5% | 28.8% | 37.5% | 66.1% | ||
| 29.1% | -7.6% | 15.0% | 27.9% | 40.2% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €0 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €113,662, after a loss of €32,107 in 2024. It is the highest result since 2021.
Debt's share of the balance-sheet total falls from 47.2% to 7.7%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
JAVA DEVELOPMENT has no parent and no holdings in its annual accounts.
| Axel Jamar
registered office since 03-01-2018 · founded in 2018 |
total assets €3.4m (2025) 0687.743.064 |
| Vereniging van Mede-eigenaars van het gebouw te 2060 Antwerpen, Lange Lobroekstraat 67-69
registered office since 30-06-2015 |
founded in 2015 0637.719.768 |
| Padel 2000 via JAMAR Axel Louis Griet, no longer at Padel 2000 · Director (not named in the articles) · deed of 21-06-2019 founded in 2019 |
total assets €315,782 (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 6 July 2021, JAVA DEVELOPMENT was incorporated as a private limited company by AXEL JAMAR and two natural persons, with a starting capital of €33,333.12 Of the 2 current board members, 2 have served since 2021.3 Total assets went from €161,550 in 2021 to €304,874 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Lange Lobroekstraat 67 registered office 2060 Antwerp | 06-07-2021 | 2.319.565.651 |
| 05-10-2026 | Under review | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen project 2026112352 | Antwerpen |
| 22-10-2021 | Granted | Bouwen of herbouwen; Slopen of verwijderen; Slopen van niet vrijstaande gebouwen of constructies submitted 04-08-2021 · project 2021084546 | Antwerpen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11807G0421/00D007 | 150 m² | 1 · 150 m² | 16.2 m · 4 |
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. Use the enterprise number 0770.777.638
If something looks wrong or is missing, please tell us.