JRVB
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00491281.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 10 filings
Turnover
≈ €8,200
Estimated: probably between €4,100 and €24,000
Total assets
€153,618▼ 1.8%
2024 · €156,408
Net result
-€32,810▼ 10,896%
2024 · -€298
Working capital
-€110,767▼ 36.6%
2024 · -€81,115
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€31,781
2025
20182025
Net result
-€32,810
▼ 10,896%
2025
lowest quarter of the sector
20182025
Equity
-€16,088
2025
lowest quarter of the sector
20182025
Total assets
€153,618
▼ 1.8%
2025
middle half of the sector
20182025
Debt
€169,706
▲ 21.5%
2025
20182025
Working capital
-€110,767
▼ 36.6%
2025
lowest quarter of the sector
20182025
Solvency
-10.5%
▼ 21.2pp
2025
lowest quarter of the sector
20182025
Current ratio
0.35
▼ 0.07
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-21.4%
▼ 21.2pp
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€18,622--€4,876▲ 73.8%€39,063€36,595▼ 6.3%-€4,539-€8,789▼ 93.6%€1,439-€31,781
Net result-€20,546--€5,617▲ 72.7%€38,533above the sector's middle half€31,703above the sector's middle half▼ 17.7%-€6,006below the sector's middle half-€9,750below the sector's middle half▼ 62.3%-€298within the sector's middle half▲ 96.9%-€32,810below the sector's middle half▼ 10,896%
Equity-€19,843--€25,460▼ 28.3%€13,073within the sector's middle half€32,776within the sector's middle half▲ 151%€26,770within the sector's middle half▼ 18.3%€17,020within the sector's middle half▼ 36.4%€16,722within the sector's middle half▼ 1.8%-€16,088below the sector's middle half
Total assets€113,951-€92,393▼ 18.9%€135,420within the sector's middle half▲ 46.6%€198,502within the sector's middle half▲ 46.6%€195,911within the sector's middle half▼ 1.3%€186,918within the sector's middle half▼ 4.6%€156,408within the sector's middle half▼ 16.3%€153,618within the sector's middle half▼ 1.8%
Debt€133,794-€117,853▼ 11.9%€122,347▲ 3.8%€165,727▲ 35.5%€169,141▲ 2.1%€169,897▲ 0.4%€139,685▼ 17.8%€169,706▲ 21.5%
Working capital-€24,644--€29,055▼ 17.9%-€30within the sector's middle half▲ 99.9%-€78,523below the sector's middle half▼ 261,296%-€77,303below the sector's middle half▲ 1.6%-€84,716below the sector's middle half▼ 9.6%-€81,115below the sector's middle half▲ 4.3%-€110,767below the sector's middle half▼ 36.6%
Solvency-17.4%--27.6%▼ 10.1pp9.7%within the sector's middle half▲ 37.2pp16.5%within the sector's middle half▲ 6.9pp13.7%within the sector's middle half▼ 2.8pp9.1%within the sector's middle half▼ 4.6pp10.7%within the sector's middle half▲ 1.6pp-10.5%below the sector's middle half▼ 21.2pp
Current ratio0.82-0.75▼ 0.061.00within the sector's middle half▲ 0.250.53below the sector's middle half▼ 0.470.54below the sector's middle half▲ 0.020.50below the sector's middle half▼ 0.040.42below the sector's middle half▼ 0.080.35below the sector's middle half▼ 0.07
Return on assets (ROA)-18.0%--6.1%▲ 12.0pp28.5%above the sector's middle half▲ 34.5pp16.0%above the sector's middle half▼ 12.5pp-3.1%within the sector's middle half▼ 19.0pp-5.2%below the sector's middle half▼ 2.2pp-0.2%within the sector's middle half▲ 5.0pp-21.4%below the sector's middle half▼ 21.2pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €31,781, after a profit of €1,439 in 2024. It is the lowest result since 2018.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153,618
Fixed assets
€94,679 ▼ 3.2%
Current assets
€58,939 ▲ 0.6%
Equity and liabilities
Equity-€16,088
Debt€169,706
Equity is negative. Debt (€169,706) exceeds the balance-sheet total (€153,618).
Key figures and ratios
EBITDA
-€28,623▼
2024 · €10,205
Cash flow
-€29,653▼
2024 · €8,467
Quick ratio
0.09▼
2024 · 0.11
Interest coverage
-53.20▼
2024 · 31.08
Debt ≤ 1 year
€169,706▲
2024 · €139,685
Income taxes
€492▼
2024 · €1,409
Staff costs
€28,983▼
2024 · €39,449
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €21,272 | €1,920 | €6,062 | €4,866 | - |
| Financial fixed assets | €85,000 | - | - | - | - |
| Depreciation and write-downs of the year | €2,393 | €8,722 | €8,823 | €8,766 | €3,158 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €8,360 | €22,061 | €28,049 | €39,449 | €28,983 | ▼ 26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,206 | €1,206 | €1,053 | €2,393 | €8,722 | €8,823 | €8,766 | €3,158 | ▼ 64.0% |
| Other operating charges640/8 | - | - | - | €227 | €674 | €517 | €738 | €173 | ▼ 76.5% |
| Non-recurring operating charges66A | - | - | - | €183 | €0 | - | - | - | - |
| Gross operating margin9900 | -€16,689 | -€3,422 | €40,257 | €47,757 | €26,918 | €28,600 | €50,392 | €533 | ▼ 98.9% |
| Operating profit (loss)9901 | -€18,622 | -€4,876 | €39,063 | €36,595 | -€4,539 | -€8,789 | €1,439 | -€31,781 | - |
| Financial income75/76B | - | - | - | €203 | €0 | €39 | €0 | - | - |
| Recurring financial income75 | €10 | €26 | €0 | €203 | €0 | €39 | €0 | - | - |
| Financial charges65/66B | - | - | - | €620 | €1,000 | €538 | €328 | €538 | ▲ 63.8% |
| Recurring financial charges65 | €1,934 | €767 | €531 | €620 | €1,000 | €538 | €328 | €538 | ▲ 63.8% |
| Profit (loss) for the period before taxes9903 | -€20,546 | -€5,617 | €38,533 | €36,178 | -€5,538 | -€9,289 | €1,111 | -€32,318 | - |
| Income taxes67/77 | - | - | - | €4,475 | €467 | €461 | €1,409 | €492 | ▼ 65.1% |
| Profit (loss) for the period9904 | -€20,546 | -€5,617 | €38,533 | €31,703 | -€6,006 | -€9,750 | -€298 | -€32,810 | ▼ 10,896% |
| Profit (loss) for the period to be appropriated9905 | -€20,546 | -€5,617 | €38,533 | €31,703 | -€6,006 | -€9,750 | -€298 | -€32,810 | ▼ 10,896% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €113,951 | €92,393 | €135,420 | €198,502 | €195,911 | €186,918 | €156,408 | €153,618 | ▼ 1.8% |
| Fixed assets21/28 | €4,801 | €3,595 | €13,103 | €111,299 | €104,498 | €101,737 | €97,837 | €94,679 | ▼ 3.2% |
| Intangible fixed assets21 | - | - | €1,490 | €1,190 | €890 | €590 | €290 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €4,801 | €3,595 | €11,613 | €25,109 | €18,608 | €16,146 | €12,547 | €9,679 | ▼ 22.9% |
| Plant, machinery and equipment23 | - | - | - | €5,324 | €5,781 | €6,762 | €7,285 | €6,191 | ▼ 15.0% |
| Furniture and vehicles24 | - | - | - | €19,785 | €12,826 | €9,384 | €5,262 | €3,488 | ▼ 33.7% |
| Financial fixed assets28 | - | - | - | €85,000 | €85,000 | €85,000 | €85,000 | €85,000 | = |
| Current assets29/58 | €109,149 | €88,798 | €122,317 | €87,203 | €91,414 | €85,181 | €58,571 | €58,939 | ▲ 0.6% |
| Stocks and contracts in progress3 | €100,982 | €66,787 | €66,787 | €66,787 | €55,209 | €55,209 | €43,476 | €43,476 | = |
| Stocks30/36 | - | - | - | €66,787 | €55,209 | €55,209 | €43,476 | €43,476 | = |
| Amounts receivable within one year40/41 | €8,035 | €21,645 | €31,063 | €10,991 | €24,082 | €23,908 | €9,924 | €11,357 | ▲ 14.4% |
| Trade receivables40 | - | - | - | €10,991 | €24,082 | €23,019 | €9,924 | €11,357 | ▲ 14.4% |
| Other amounts receivable41 | - | - | - | - | - | €889 | €0 | - | - |
| Cash at bank and in hand54/58 | €132 | €366 | €24,466 | €9,425 | €12,123 | €6,064 | €5,170 | €4,105 | ▼ 20.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €113,951 | €92,393 | €135,420 | €198,502 | €195,911 | €186,918 | €156,408 | €153,618 | ▼ 1.8% |
| Equity10/15 | -€19,843 | -€25,460 | €13,073 | €32,776 | €26,770 | €17,020 | €16,722 | -€16,088 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€38,443 | -€44,060 | -€5,527 | €14,176 | €8,170 | -€1,580 | -€1,878 | -€34,688 | ▼ 1,747% |
| Amounts payable17/49 | €133,794 | €117,853 | €122,347 | €165,727 | €169,141 | €169,897 | €139,685 | €169,706 | ▲ 21.5% |
| Amounts payable after more than one year17 | - | - | - | - | €425 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | - | €425 | €0 | - | - | - |
| Amounts payable within one year42/48 | €133,794 | €117,853 | €122,347 | €165,727 | €168,716 | €169,897 | €139,685 | €169,706 | ▲ 21.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €5,042 | €425 | €0 | - | - |
| Financial debts43 | - | - | - | €0 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - | - |
| Trade debts44 | €1,963 | €3,681 | €10,309 | €6,362 | €3,800 | €7,897 | €1,254 | €6,852 | ▲ 447% |
| Suppliers440/4 | - | - | - | €6,362 | €3,800 | €7,897 | €1,254 | €6,852 | ▲ 447% |
| Taxes, remuneration and social security45 | - | - | - | €9,917 | €9,728 | €6,501 | €6,493 | €2,894 | ▼ 55.4% |
| Taxes450/3 | - | - | - | €9,917 | €9,654 | €6,262 | €6,015 | €2,415 | ▼ 59.8% |
| Remuneration and social security454/9 | - | - | - | - | €73 | €239 | €478 | €478 | = |
| Other amounts payable47/48 | - | - | - | €149,447 | €150,147 | €155,075 | €131,939 | €159,960 | ▲ 21.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,546 | -€5,617 | €38,533 | €31,703 | -€6,006 | -€9,750 | -€298 | -€32,810 | ▼ 10,896% |
| + Depreciation and write-downs630 | €1,206 | €1,206 | €1,053 | €2,393 | €8,722 | €8,823 | €8,766 | €3,158 | ▼ 64.0% |
| Operating cash flow (approximation) | -€19,340 | -€4,411 | €39,586 | €34,096 | €2,716 | -€927 | €8,467 | -€29,653 | - |
| Investment in fixed assets (approximation) | - | €0 | -€10,561 | -€100,589 | -€1,920 | -€6,062 | -€4,866 | €0 | - |
| Change in cash | - | €234 | €24,100 | -€15,041 | €2,698 | -€6,059 | -€894 | -€1,065 | ▼ 19.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00491281 | |
| 31-12-2024 | micro format | 13-08-2025 | 2025-00373559 | |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00363201 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00402700 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20398868 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57800317 | |
| 31-12-2019 | micro format | 09-11-2020 | 2020-69200538 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57900327 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57400308 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-54600248 |