Skip to content

JLVH

Active
Private limited companyfounded 20224 yrs activeBist 145, 2180 Antwerpen, BelgiumKBO/BCE: BE 0786.394.440
Summary

The computed 12-month bankruptcy probability of JLVH is 2.5% (moderate). The 2025 annual accounts show equity of €13,875 and a net result of €66,326. Equity is growing by ~75% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability62▲+41
Solvency28▲+8
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.02 against 1.71 in 2024; short-term debt: 28.7% and cash: 0.6% of total assets), and 97.1% of the assets are financed with debt.
Credit check for your own amount and term

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

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2.9%
Return on assets
13.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
2 d early
2024
15 d late
2023
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

JLVH was incorporated on 19 May 2022 as a Private limited company.1 Total assets fell from EUR 905,230 in 2023 to EUR 482,099 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€13,875
2024 · -€52,451
Total assets
€482,099▼ 54.9%
2024 · €1.1m
Net result
€66,326
2024 · -€24,749
Working capital
-€135,712
2024 · €317,369
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€6,185-€23,177€113,064▲ 388%
Net result-€30,702--€24,749▲ 19.4%€66,326
Equity-€27,702--€52,451▼ 89.3%€13,875
Total assets€905,230-€1.1m▲ 18.0%€482,099▼ 54.9%
Debt€932,932-€1.1m▲ 20.1%€468,224▼ 58.2%
Working capital€434,798-€317,369▼ 27.0%-€135,712
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2023: -€6,185-€6,185Net result 2023: -€30,702-€30,702Operating result 2024: €23,177€23,177Net result 2024: -€24,749-€24,749Operating result 2025: €113,064€113,064Net result 2025: €66,326€66,326202320242025-€50,000€0€50,000€100,000Operating result 2023: -€6,185-€6,190Net result 2023: -€30,702-€30,700Operating result 2024: €23,177€23,200Net result 2024: -€24,749-€24,700Operating result 2025: €113,064€113,000Net result 2025: €66,326€66,300202320242025
The operating result has risen two years in a row; 2025 is 388% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €482,099
Fixed assets €479,392 ▲ 59.4%
Current assets €2,707 ▼ 99.6%
Equity and liabilities €482,099
Equity €13,875
Debt €468,224
Debt finances 97.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€126,908▲
2024 · €31,915
Cash flow
€80,170▲
2024 · -€16,011
Current ratio
0.02▼
2024 · 1.71
Debt to equity
33.75▲
2024 · -21.37
ROE
478.0%
ROA
13.8%▲
2024 · -2.3%
Interest coverage
3.08▲
2024 · 0.67
Debt ≤ 1 year
€138,419▼
2024 · €450,073
Debt > 1 year
€329,805▼
2024 · €670,603
Income taxes
€5,507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.3% went bankrupt
1.4% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 2.5% 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 497,340 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% 1.0%
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% 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 513 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 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€482,099▼
Fixed assets21/28€300,783€479,392▲
Tangible fixed assets22/27€300,783€479,392▲
Land and buildings22€300,783€479,392▲
Current assets29/58€767,442€2,707▼
Stocks and contracts in progress3€684,269-
Stocks30/36€684,269-
Amounts receivable within one year40/41€80,276-
Trade receivables40€80,276-
Cash at bank and in hand54/58€2,897€2,707▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€482,099▼
Equity10/15-€52,451€13,875▲
Contributions10/11€3,000€3,000=
Reserves13-€10,875
Distributable reserves133-€10,875
Profit (loss) carried forward14-€55,451-
Amounts payable17/49€1.1m€468,224▼
Amounts payable after more than one year17€670,603€329,805▼
Financial debts170/4€670,603€329,805▼
Amounts payable within one year42/48€450,073€138,419▼
Current portion of amounts payable after more than one year42€7,676€19,251▲
Trade debts44€30,291€2,305▼
Suppliers440/4€30,291€2,305▼
Taxes, remuneration and social security45-€5,507
Taxes450/3-€5,507
Other amounts payable47/48€412,106€111,356▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,738€13,844▲
Other operating charges640/8€22,464€41,602▲
Gross operating margin9900€54,379€168,510▲
Operating profit (loss)9901€23,177€113,064▲
Financial charges65/66B€47,926€41,231▼
Recurring financial charges65€47,926€41,231▼
Profit (loss) for the period before taxes9903-€24,749€71,833▲
Income taxes67/77-€5,507
Profit (loss) for the period9904-€24,749€66,326▲
Profit (loss) for the period to be appropriated9905-€24,749€66,326▲
Appropriation of the result
Profit (loss) to be appropriated9906-€55,451€10,875▲
Profit (loss) brought forward from the previous period14P-€30,702-€55,451▼
Transfer to equity691/2-€10,875
To other reserves6921-€10,875

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€8,738€13,844▲ 58.4%
Other operating charges640/8€1,698€22,464€41,602▲ 85.2%
Gross operating margin9900-€4,487€54,379€168,510▲ 210%
Operating profit (loss)9901-€6,185€23,177€113,064▲ 388%
Financial charges65/66B€24,517€47,926€41,231▼ 14.0%
Recurring financial charges65€24,517€47,926€41,231▼ 14.0%
Profit (loss) for the period before taxes9903-€30,702-€24,749€71,833▲ 390%
Income taxes67/77--€5,507-
Profit (loss) for the period9904-€30,702-€24,749€66,326▲ 368%
Profit (loss) for the period to be appropriated9905-€30,702-€24,749€66,326▲ 368%
Line202320242025Change
Assets
Total assets20/58€905,230€1.1m€482,099▼ 54.9%
Fixed assets21/28-€300,783€479,392▲ 59.4%
Tangible fixed assets22/27-€300,783€479,392▲ 59.4%
Land and buildings22-€300,783€479,392▲ 59.4%
Current assets29/58€905,230€767,442€2,707▼ 99.6%
Stocks and contracts in progress3€866,716€684,269--
Stocks30/36€866,716€684,269--
Amounts receivable within one year40/41€29,750€80,276--
Trade receivables40€12,250€80,276--
Other amounts receivable41€17,500---
Cash at bank and in hand54/58€7,218€2,897€2,707▼ 6.6%
Deferred charges and accrued income490/1€1,546---
Equity and liabilities
Total equity and liabilities10/49€905,230€1.1m€482,099▼ 54.9%
Equity10/15-€27,702-€52,451€13,875▲ 126%
Contributions10/11€3,000€3,000€3,000=
Reserves13--€10,875-
Distributable reserves133--€10,875-
Profit (loss) carried forward14-€30,702-€55,451--
Amounts payable17/49€932,932€1.1m€468,224▼ 58.2%
Amounts payable after more than one year17€462,500€670,603€329,805▼ 50.8%
Financial debts170/4€462,500€670,603€329,805▼ 50.8%
Amounts payable within one year42/48€470,432€450,073€138,419▼ 69.2%
Current portion of amounts payable after more than one year42-€7,676€19,251▲ 151%
Trade debts44€196,781€30,291€2,305▼ 92.4%
Suppliers440/4€196,781€30,291€2,305▼ 92.4%
Taxes, remuneration and social security45--€5,507-
Taxes450/3--€5,507-
Other amounts payable47/48€273,651€412,106€111,356▼ 73.0%
Line202320242025Change
Profit (loss) for the period9904-€30,702-€24,749€66,326▲ 368%
+ Depreciation and write-downs630-€8,738€13,844▲ 58.4%
Operating cash flow (approximation)-€30,702-€16,011€80,170▲ 601%
Investment in fixed assets (approximation)---€192,453-
Change in cash--€4,321-€190▲ 95.6%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
28-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Back to profitnet €66,326
Net result €66,326 after 2 loss-making years.
15-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 15 days late
2024
23-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
807 m²
Building footprint
139 m²
Volume, LiDAR
790 m³
Parcel 11364F0166/00Z006, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JLVH
Bist 145, 2180 AntwerpenReal estate activities
since 20222.332.852.671
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11364F0166/00Z006 Flanders 807 m² 1 · 139 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-05-2022
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 30 September 2026 · Peppol Directory

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