JO CUYVERS
ActiveSummary
JO CUYVERS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €201,765 and a net result of €67,337. Equity is growing by ~69% per year across the filed fiscal years. Its solvency ranks better than 95% of 36381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+22
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 12.14 against 6.91 in 2023; short-term debt: 7.1% and cash: 7.7% of total assets), and 7.1% of the assets are financed with debt.
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Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.9%
Return on assets
31%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
31 d early
2023
30 d early
2022
31 d early
2021
26 d late
2020
25 d early
2019
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€201,765▲ 31.8%
2023 · €153,028
Total assets
€217,302▲ 26.1%
2023 · €172,384
Net result
€67,337▲ 444%
2023 · €12,386
Working capital
€172,734▲ 51.7%
2023 · €113,901
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28,624▲ 210%€22,312▼ 22.0%€137,546▲ 516%€19,850▼ 85.6%€103,078▲ 419%
Net result€18,063within the sector's middle half▲ 484%€13,536within the sector's middle half▼ 25.1%€94,853above the sector's middle half▲ 601%€12,386within the sector's middle half▼ 86.9%€67,337above the sector's middle half▲ 444%
Equity€32,253within the sector's middle half▲ 127%€45,789within the sector's middle half▲ 42.0%€140,642above the sector's middle half▲ 207%€153,028above the sector's middle half▲ 8.8%€201,765above the sector's middle half▲ 31.8%
Total assets€177,753within the sector's middle half▲ 4.9%€166,035within the sector's middle half▼ 6.6%€173,422within the sector's middle half▲ 4.4%€172,384within the sector's middle half▼ 0.6%€217,302within the sector's middle half▲ 26.1%
Debt€64,459▼ 13.2%€39,204▼ 39.2%€32,780▼ 16.4%€19,356▼ 41.0%€15,537▼ 19.7%
Working capital€71,876within the sector's middle half▲ 28.9%€69,201within the sector's middle half▼ 3.7%€88,582within the sector's middle half▲ 28.0%€113,901above the sector's middle half▲ 28.6%€172,734above the sector's middle half▲ 51.7%
Solvency18.1%below the sector's middle half▲ 9.8pp27.6%within the sector's middle half▲ 9.4pp81.1%above the sector's middle half▲ 53.5pp88.8%above the sector's middle half▲ 7.7pp92.9%above the sector's middle half▲ 4.1pp
Current ratio3.04within the sector's middle half▲ 0.803.03within the sector's middle half▼ 0.013.71above the sector's middle half▲ 0.686.91above the sector's middle half▲ 3.2012.14above the sector's middle half▲ 5.23
Return on assets (ROA)10.2%within the sector's middle half▲ 8.3pp8.2%within the sector's middle half▼ 2.0pp54.7%above the sector's middle half▲ 46.5pp7.2%within the sector's middle half▼ 47.5pp31.0%above the sector's middle half▲ 23.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 419% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €217,302
Fixed assets
€29,061 ▼ 25.9%
Current assets
€188,241 ▲ 41.3%
Equity and liabilities €217,302
Equity
€201,765 ▲ 31.8%
Debt
€15,537 ▼ 19.7%
Debt's share of the balance-sheet total falls from 11.2% to 7.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€114,560▲
2023 · €32,759
Cash flow
€78,818▲
2023 · €25,295
Quick ratio
12.13▲
2023 · 6.87
Debt to equity
0.08▼
2023 · 0.13
ROE
33.4%▲
2023 · 8.1%
Interest coverage
111.20▲
2023 · 25.61
Debt ≤ 1 year
€15,507▼
2023 · €19,281
Income taxes
€34,713▲
2023 · €6,224
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 31,370 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,066 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,782 | €12,349 | €12,877 | €12,909 | €11,482 | ▼ 11.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€81,042 | - | - | - |
| Other operating charges640/8 | - | €2,873 | €3,951 | €2,771 | €2,702 | ▼ 2.5% |
| Gross operating margin9900 | €42,809 | €37,535 | €73,332 | €35,530 | €117,262 | ▲ 230% |
| Operating profit (loss)9901 | €28,624 | €22,312 | €137,546 | €19,850 | €103,078 | ▲ 419% |
| Financial income75/76B | - | €6 | €76 | €39 | €2 | ▼ 96.1% |
| Recurring financial income75 | €4 | €6 | €76 | €39 | €2 | ▼ 96.1% |
| Financial charges65/66B | - | €1,416 | €1,458 | €1,279 | €1,030 | ▼ 19.5% |
| Recurring financial charges65 | €2,189 | €1,416 | €1,458 | €1,279 | €1,030 | ▼ 19.5% |
| Profit (loss) for the period before taxes9903 | €26,439 | €20,902 | €136,164 | €18,610 | €102,050 | ▲ 448% |
| Income taxes67/77 | €8,376 | €7,366 | €41,310 | €6,224 | €34,713 | ▲ 458% |
| Profit (loss) for the period9904 | €18,063 | €13,536 | €94,853 | €12,386 | €67,337 | ▲ 444% |
| Profit (loss) for the period to be appropriated9905 | €18,063 | €13,536 | €94,853 | €12,386 | €67,337 | ▲ 444% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €177,753 | €166,035 | €173,422 | €172,384 | €217,302 | ▲ 26.1% |
| Fixed assets21/28 | €70,629 | €62,711 | €52,110 | €39,202 | €29,061 | ▼ 25.9% |
| Tangible fixed assets22/27 | €70,629 | €62,711 | €52,110 | €39,202 | €29,061 | ▼ 25.9% |
| Land and buildings22 | - | €58,882 | €48,540 | €38,198 | €27,856 | ▼ 27.1% |
| Furniture and vehicles24 | - | €3,829 | €3,570 | €1,004 | €1,205 | ▲ 20.1% |
| Current assets29/58 | €107,124 | €103,324 | €121,312 | €133,182 | €188,241 | ▲ 41.3% |
| Amounts receivable after more than one year29 | - | - | €17,924 | €27,879 | €26,745 | ▼ 4.1% |
| Trade receivables290 | - | - | €17,924 | €27,879 | €26,745 | ▼ 4.1% |
| Stocks and contracts in progress3 | €4,500 | €3,000 | €3,376 | €670 | €184 | ▼ 72.5% |
| Stocks30/36 | - | €3,000 | €3,376 | €670 | €184 | ▼ 72.5% |
| Amounts receivable within one year40/41 | €44,701 | €56,972 | €76,574 | €93,925 | €143,176 | ▲ 52.4% |
| Trade receivables40 | - | €19,127 | €25,375 | €16,671 | €56,308 | ▲ 238% |
| Other amounts receivable41 | - | €37,845 | €51,199 | €77,254 | €86,868 | ▲ 12.4% |
| Cash at bank and in hand54/58 | €53,869 | €39,191 | €19,049 | €6,180 | €16,646 | ▲ 169% |
| Deferred charges and accrued income490/1 | - | €4,161 | €4,389 | €4,527 | €1,489 | ▼ 67.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €177,753 | €166,035 | €173,422 | €172,384 | €217,302 | ▲ 26.1% |
| Equity10/15 | €32,253 | €45,789 | €140,642 | €153,028 | €201,765 | ▲ 31.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | - | - |
| Reserves13 | €13,653 | €27,189 | €122,042 | €134,428 | €201,765 | ▲ 50.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | €25,329 | €120,182 | €132,568 | €201,765 | ▲ 52.2% |
| Profit (loss) carried forward14 | -€9,366 | - | - | - | - | - |
| Provisions and deferred taxes16 | €81,042 | €81,042 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | €81,042 | - | - | - | - |
| Pensions and similar obligations160 | - | €81,042 | - | - | - | - |
| Amounts payable17/49 | €64,459 | €39,204 | €32,780 | €19,356 | €15,537 | ▼ 19.7% |
| Amounts payable after more than one year17 | €29,210 | €5,081 | - | - | - | - |
| Financial debts170/4 | - | €5,081 | - | - | - | - |
| Amounts payable within one year42/48 | €35,248 | €34,123 | €32,730 | €19,281 | €15,507 | ▼ 19.6% |
| Current portion of amounts payable after more than one year42 | - | €16,250 | €5,081 | - | - | - |
| Trade debts44 | €9,444 | €6,417 | €13,022 | €10,277 | €2,772 | ▼ 73.0% |
| Suppliers440/4 | - | €6,417 | €13,022 | €10,277 | €2,772 | ▼ 73.0% |
| Taxes, remuneration and social security45 | - | €11,457 | €14,627 | €9,004 | €12,736 | ▲ 41.5% |
| Taxes450/3 | - | €11,457 | €14,627 | €6,004 | €12,736 | ▲ 112% |
| Remuneration and social security454/9 | - | - | - | €3,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | €50 | €75 | €30 | ▼ 59.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,063 | €13,536 | €94,853 | €12,386 | €67,337 | ▲ 444% |
| + Depreciation and write-downs630 | €10,782 | €12,349 | €12,877 | €12,909 | €11,482 | ▼ 11.1% |
| Operating cash flow (approximation) | €28,845 | €25,885 | €107,730 | €25,295 | €78,818 | ▲ 212% |
| Investment in fixed assets (approximation) | - | -€4,431 | -€2,276 | €0 | -€1,341 | - |
| Change in cash | - | -€14,678 | -€20,142 | -€12,869 | €10,466 | ▲ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €201,765 ▲31.8%
7 profitable years in a row build equity to €201,765.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €153,028 ▲8.8%
6 profitable years in a row build equity to €153,028.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €94,853 ▲601%
Operating result €137,546, net result €94,853, both a record.
31-12
Financial
Equity above €100,000Eq €140,642 ▲207%
5 profitable years in a row build equity to €140,642.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Hasselt · 1 establishment unit since 2000
Ground area
165 m²
Building footprint
109 m²
Volume, LiDAR
744 m³
Parcel 71324E0261/00T000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
HAUTVAS & CUYVERS
since 20002.115.977.497
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0261/00T000 | Flanders | 165 m² | 1 · 109 m² | 9.9 m · 3 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.
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Of 7,868 companies in sector 43341 we hold annual accounts for 2,665. 2,046 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472876186
Also
9925:BE0472876186
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.