JPV CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of JPV CONSTRUCT is 3.8% (moderate). The 2025 annual accounts show negative equity (-€42,003) and a net result of -€17,087. Equity is shrinking by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 28281 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-62
Solvency0▼-6
Growth58=
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 10.76 in 2024; short-term debt: 19.2% and cash: 0% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-32.1%
Return on assets
-13.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€42,003
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
25 d late
2024
26 d late
2023
26 d late
2022
10 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 22 days after 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 26 August (4 of the last 4 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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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€42,003▼ 68.6%
2024 · -€24,916
Total assets
€130,922▼ 1.6%
2024 · €133,065
Net result
-€17,087
2024 · €12,451
Working capital
-€13,550
2024 · €113,323
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
Line2022202320242025
Operating result-€20,047--€12,635▲ 37.0%€16,854€861▼ 94.9%
Net result-€24,425below the sector's middle half--€16,942below the sector's middle half▲ 30.6%€12,451within the sector's middle half-€17,087below the sector's middle half
Equity-€20,425below the sector's middle half--€37,368below the sector's middle half▼ 82.9%-€24,916below the sector's middle half▲ 33.3%-€42,003below the sector's middle half▼ 68.6%
Total assets€152,447within the sector's middle half-€123,294within the sector's middle half▼ 19.1%€133,065within the sector's middle half▲ 7.9%€130,922within the sector's middle half▼ 1.6%
Debt€172,873-€160,662▼ 7.1%€157,981▼ 1.7%€172,925▲ 9.5%
Working capital€146,113above the sector's middle half-€117,236above the sector's middle half▼ 19.8%€113,323above the sector's middle half▼ 3.3%-€13,550below the sector's middle half
Solvency-13.4%below the sector's middle half--30.3%below the sector's middle half▼ 16.9pp-18.7%below the sector's middle half▲ 11.6pp-32.1%below the sector's middle half▼ 13.4pp
Current ratio69.94above the sector's middle half10.76above the sector's middle half▼ 59.170.46below the sector's middle half▼ 10.30
Return on assets (ROA)-16.0%below the sector's middle half--13.7%below the sector's middle half▲ 2.3pp9.4%within the sector's middle half▲ 23.1pp-13.1%below the sector's middle half▼ 22.4pp
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 falls in 2025; 2025 is 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,922
Fixed assets
€119,386 ▲ 1,368%
Current assets
€11,536 ▼ 90.8%
Key figures and ratios
EBITDA
€3,548▼
2024 · €18,878
Cash flow
-€14,400▼
2024 · €14,475
Debt to equity
-4.12▲
2024 · -6.34
Interest coverage
0.20▼
2024 · 4.29
Debt ≤ 1 year
€25,086▲
2024 · €11,608
Debt > 1 year
€147,427▲
2024 · €146,374
Staff costs
€314▼
2024 · €868
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.9%
went bankrupt
5.6%
stopped otherwise
85%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.8% 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 7,638 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €238 | - | €868 | €314 | ▼ 63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €390 | €1,136 | €2,023 | €2,687 | ▲ 32.8% |
| Other operating charges640/8 | €445 | €4,141 | €112 | €467 | ▲ 317% |
| Gross operating margin9900 | -€18,974 | -€7,358 | €19,857 | €4,329 | ▼ 78.2% |
| Operating profit (loss)9901 | -€20,047 | -€12,635 | €16,854 | €861 | ▼ 94.9% |
| Financial income75/76B | - | €66 | - | €107 | - |
| Recurring financial income75 | - | €66 | - | €107 | - |
| Financial charges65/66B | €4,378 | €4,374 | €4,403 | €18,054 | ▲ 310% |
| Recurring financial charges65 | €4,378 | €4,374 | €4,403 | €18,054 | ▲ 310% |
| Profit (loss) for the period before taxes9903 | -€24,425 | -€16,942 | €12,451 | -€17,087 | ▼ 237% |
| Profit (loss) for the period9904 | -€24,425 | -€16,942 | €12,451 | -€17,087 | ▼ 237% |
| Profit (loss) for the period to be appropriated9905 | -€24,425 | -€16,942 | €12,451 | -€17,087 | ▼ 237% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €152,447 | €123,294 | €133,065 | €130,922 | ▼ 1.6% |
| Fixed assets21/28 | €5,010 | €4,357 | €8,134 | €119,386 | ▲ 1,368% |
| Tangible fixed assets22/27 | €5,010 | €4,357 | €8,134 | €119,386 | ▲ 1,368% |
| Land and buildings22 | - | - | - | €112,572 | - |
| Plant, machinery and equipment23 | €5,010 | €4,357 | €8,134 | €6,283 | ▼ 22.7% |
| Furniture and vehicles24 | - | - | - | €530 | - |
| Current assets29/58 | €147,437 | €118,937 | €124,931 | €11,536 | ▼ 90.8% |
| Stocks and contracts in progress3 | €108,471 | €111,025 | €111,787 | - | - |
| Stocks30/36 | €108,471 | €111,025 | €111,787 | - | - |
| Amounts receivable within one year40/41 | €3,398 | €3,838 | €11,270 | €11,529 | ▲ 2.3% |
| Trade receivables40 | - | €371 | €9,956 | €10,861 | ▲ 9.1% |
| Other amounts receivable41 | €3,398 | €3,467 | €1,314 | €668 | ▼ 49.2% |
| Cash at bank and in hand54/58 | €35,568 | €4,008 | €1,875 | €7 | ▼ 99.6% |
| Deferred charges and accrued income490/1 | - | €66 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €152,447 | €123,294 | €133,065 | €130,922 | ▼ 1.6% |
| Equity10/15 | -€20,425 | -€37,368 | -€24,916 | -€42,003 | ▼ 68.6% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | -€24,425 | -€41,368 | -€28,916 | -€46,003 | ▼ 59.1% |
| Amounts payable17/49 | €172,873 | €160,662 | €157,981 | €172,925 | ▲ 9.5% |
| Amounts payable after more than one year17 | €171,549 | €158,961 | €146,374 | €147,427 | ▲ 0.7% |
| Financial debts170/4 | €171,549 | €158,961 | €146,374 | €147,427 | ▲ 0.7% |
| Amounts payable within one year42/48 | €1,324 | €1,701 | €11,608 | €25,086 | ▲ 116% |
| Trade debts44 | €304 | €1,701 | €9,049 | €586 | ▼ 93.5% |
| Suppliers440/4 | €304 | €1,701 | €9,049 | €586 | ▼ 93.5% |
| Other amounts payable47/48 | €1,020 | - | €2,559 | €24,500 | ▲ 857% |
| Accrued charges and deferred income492/3 | - | - | - | €412 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,425 | -€16,942 | €12,451 | -€17,087 | ▼ 237% |
| + Depreciation and write-downs630 | €390 | €1,136 | €2,023 | €2,687 | ▲ 32.8% |
| Operating cash flow (approximation) | -€24,035 | -€15,806 | €14,475 | -€14,400 | ▼ 199% |
| Investment in fixed assets (approximation) | - | -€483 | -€5,800 | -€113,940 | ▼ 1,864% |
| Change in cash | - | -€31,560 | -€2,133 | -€1,868 | ▲ 12.4% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €12,451
Net result €12,451 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
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.
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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, Rumes · 1 establishment unit since 2021
Ground area
2,448 m²
Building footprint
214 m²
Volume, LiDAR
1,475 m³
Parcel 57072D0791/00A000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JPV CONSTRUCT - VALEXCOSMETIC
since 20212.323.366.863
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57072D0791/00A000 | Wallonia | 2,448 m² | 1 · 213 m² | 8.3 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,464 companies in sector 43120 we hold annual accounts for 3,234. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
43350Other building finishing work
43421Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
68110Buying and selling of own real estate
81300Landscape service activities
Contact
E-mail
info@lescargotdor.net
Phone
+32479485324
E-mail
jpvconstruct@gmail.comRumes
E-invoicing
Reachable via Peppol
Peppol ID
0208:0775362372
Registered
16-11-2021
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.