JORNAVAN
ActiveJORNAVAN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €177k and a net result of €49k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 63% of 18039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+7
Solvency74▲+11
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 0.91 in 2024; short-term debt: 48.4% and cash: 2.1% of total assets), and 50.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
49.4%
Return on assets
13.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €177k
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 09-03-2026, 144 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
144 d early
2024
157 d early
2023
36 d early
2022
56 d early
2021
47 d early
2020
54 d early
2019
68 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€177k▲ 37.8%
2024 · €129k
2018: €155k
2019: €143k
2020: €146k
2021: €157k
2022: €185k
2023: €101k
2024: €129k
2018 → 2025
Total assets
€359k▲ 6.5%
2024 · €337k
2018: €295k
2019: €286k
2020: €351k
2021: €251k
2022: €303k
2023: €284k
2024: €337k
2018 → 2025
Net result
€49k▲ 73.8%
2024 · €28k
2018: €-18k
2019: €-12k
2020: €3k
2021: €11k
2022: €28k
2023: €18k
2024: €28k
2018 → 2025
Working capital
€28k
2024 · €-19k
2018: €-19k
2019: €-20k
2020: €-5k
2021: €13k
2022: €23k
2023: €-49k
2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€157k-€185k▲ 17.7%€101k▼ 45.6%€129k▲ 27.8%€177k▲ 37.8%
Operating result€13k-€28k▲ 122%€33k▲ 18.0%€44k▲ 34.1%€64k▲ 45.4%
Net result€11k-€28k▲ 142%€18k▼ 36.5%€28k▲ 58.6%€49k▲ 73.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359k
Fixed assets
€157k▲ 0.5%
Current assets
€202k▲ 11.7%
Equity and liabilities €359k
Equity
€177k▲ 37.8%
Debt
€182k▼ 12.8%
The debt ratio falls from 61.8% to 50.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2024 · €62k
Cash flow
€68k▲
2024 · €46k
Solvency
49.4%▲
2024 · 38.2%
Current ratio
1.16▲
2024 · 0.91
Quick ratio
0.23▼
2024 · 0.29
Debt / equity
1.03▼
2024 · 1.62
ROE
27.4%▲
2024 · 21.8%
ROA
13.6%▲
2024 · 8.3%
Interest coverage
16.75▲
2024 · 9.36
Debt
€182k▼
2024 · €208k
Debt ≤ 1 year
€174k▼
2024 · €200k
Debt > 1 year
€8k▼
2024 · €8k
Income taxes
€17k▲
2024 · €10k
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€337k€359k▲
Fixed assets21/28€156k€157k▲
Tangible fixed assets22/27€155k€156k▲
Land and buildings22€142k€146k▲
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€181k€202k▲
Stocks and contracts in progress3€124k€162k▲
Stocks30/36€124k€162k▲
Amounts receivable within one year40/41€36k€32k▼
Trade receivables40€36k€32k▼
Other amounts receivable41€0€210▲
Cash at bank and in hand54/58€21k€8k▼
Equity and liabilities
Total equity and liabilities10/49€337k€359k▲
Equity10/15€129k€177k▲
Contributions10/11€70k€70k=
Reserves13€59k€107k▲
Tax-exempt reserves132€75€75=
Distributable reserves133€59k€107k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€208k€182k▼
Amounts payable after more than one year17€8k€8k▼
Financial debts170/4€8k€8k▼
Amounts payable within one year42/48€200k€174k▼
Current portion of amounts payable after more than one year42€10k€11k▲
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€45k€15k▼
Suppliers440/4€45k€15k▼
Taxes, remuneration and social security45€9k€18k▲
Taxes450/3€9k€17k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€137k€128k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€66k€87k▲
Operating profit (loss)9901€44k€64k▲
Financial income75/76B€716€7k▲
Recurring financial income75€716€7k▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€38k€66k▲
Income taxes67/77€10k€17k▲
Profit (loss) for the period9904€28k€49k▲
Profit (loss) for the period to be appropriated9905€28k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€49k▲
Transfer from equity791/2€0-
Transfer to equity691/2€28k€49k▲
To other reserves6921€28k€49k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (12 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
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €49k ▲73.8%
Operating result €64k, net result €49k, both a record.
31-12
Financial
Equity above €150kEq €177k ▲37.8%
6 profitable years in a row build equity to €177k.
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €157k ▲7.9%
2 profitable years in a row build equity to €157k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Berlare · 1 establishment unit since 1996
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.
Baron Tibbautstraat(O) 469290 BerlareGround area
830 m²
Building footprint
284 m²
Volume, LiDAR
1,633 m³
Parcel 42017C0201/00G003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Baron Tibbautstraat(O) 46, 9290 Berlare
since 19962.079.529.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017C0201/00G003 | Flanders | 830 m² | 1 · 284 m² | 9.7 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.
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Of 301 companies in sector 47525 we hold annual accounts for 207. 170 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-1996
Fiscal year end31-12
Activities, NACEBEL
47525Retail trade
46130Agents in the wholesale of timber and building materials
47529Retail trade
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.