JSV METALEN
ActiveJSV METALEN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €-131k. Equity is shrinking by ~40.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 23% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▲+25
Solvency42▼-8
Growth32=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 2.25 in 2024; short-term debt: 15.3% and cash: 12.3% of total assets), but 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
17.1%
Return on assets
-8%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-131k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7931 sector peers (2025).
NBB · sector comparisonPosition among 7931 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
52 d early
2024
31 d early
2023
57 d early
2022
47 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€282k▼ 31.7%
2024 · €413k
2022: €976k
2023: €736k
2024: €413k
2022 → 2025
Total assets
€1.65M▼ 0.6%
2024 · €1.66M
2022: €1.98M
2023: €1.85M
2024: €1.66M
2022 → 2025
Net result
€-131k▲ 59.4%
2024 · €-323k
2022: €-24k
2023: €-239k
2024: €-323k
2022 → 2025
Working capital
€347k▲ 57.3%
2024 · €220k
2022: €659k
2023: €326k
2024: €220k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€976k-€736k▼ 24.5%€413k▼ 43.9%€282k▼ 31.7%
Operating result€-25k-€-241k▼ 872%€-316k▼ 31.1%€-93k▲ 70.5%
Net result€-24k-€-239k▼ 884%€-323k▼ 35.0%€-131k▲ 59.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €93k in 2025 against €316k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.65M
Fixed assets
€1.05M▼ 16.8%
Current assets
€599k▲ 51.1%
Equity and liabilities €1.65M
Equity
€282k▼ 31.7%
Debt
€1.37M▲ 9.8%
The debt ratio rises from 75.1% to 82.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€74k▲
2024 · €-122k
Cash flow
€36k▲
2024 · €-129k
Solvency
17.1%▼
2024 · 24.9%
Current ratio
2.38▲
2024 · 2.25
Quick ratio
2.03▲
2024 · 1.74
Debt / equity
4.85▲
2024 · 3.02
ROE
-46.5%▲
2024 · -78.2%
ROA
-8.0%▲
2024 · -19.5%
Interest coverage
1.92▲
2024 · -18.38
Debt
€1.37M▲
2024 · €1.25M
Debt ≤ 1 year
€252k▲
2024 · €176k
Debt > 1 year
€1.07M=
2024 · €1.07M
Staff costs
€122k▲
2024 · €53k
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€1.66M€1.65M▼
Fixed assets21/28€1.26M€1.05M▼
Tangible fixed assets22/27€1.26M€1.05M▼
Plant, machinery and equipment23€1.15M€1.04M▼
Furniture and vehicles24€111k€10k▼
Other tangible fixed assets26€5k€5k▼
Current assets29/58€396k€599k▲
Amounts receivable after more than one year29-€0
Other amounts receivable291-€0
Stocks and contracts in progress3€91k€88k▼
Stocks30/36€91k€88k▼
Amounts receivable within one year40/41€141k€302k▲
Trade receivables40€140k€302k▲
Other amounts receivable41€169€245▲
Cash at bank and in hand54/58€154k€204k▲
Deferred charges and accrued income490/1€11k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.65M▼
Equity10/15€413k€282k▼
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Profit (loss) carried forward14€-587k€-718k▼
Amounts payable17/49€1.25M€1.37M▲
Amounts payable after more than one year17€1.07M€1.07M=
Financial debts170/4€1.07M€1.07M=
Amounts payable within one year42/48€176k€252k▲
Trade debts44€150k€176k▲
Suppliers440/4€150k€176k▲
Taxes, remuneration and social security45€25k€76k▲
Taxes450/3€19k€58k▲
Remuneration and social security454/9€6k€18k▲
Other amounts payable47/48€536€475▼
Accrued charges and deferred income492/3€484€46k▲
Income statement
Code20242025
Non-recurring operating income76A-€21k
Remuneration, social security and pensions62€53k€122k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€194k€167k▼
Other operating charges640/8€5k€7k▲
Gross operating margin9900€-64k€202k▲
Operating profit (loss)9901€-316k€-93k▲
Financial income75/76B€0€724▲
Recurring financial income75€0€724▲
Financial charges65/66B€7k€39k▲
Recurring financial charges65€7k€39k▲
Profit (loss) for the period before taxes9903€-323k€-131k▲
Profit (loss) for the period9904€-323k€-131k▲
Profit (loss) for the period to be appropriated9905€-323k€-131k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-587k€-718k▼
Profit (loss) brought forward from the previous period14P€-264k€-587k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (9 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
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-323k
Net result drops to €-323k, the lowest in the series; recovery starts the following year.
2023
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Balen · 1 establishment unit since 2021
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.
Voortstraat 152490 BalenGround area
5,196 m²
Building footprint
3,834 m²
Volume, LiDAR
3,655 m³
Parcel 13003A0104/00C000, Flanders · tallest building 6.1 m. Linked by address, not a title deed.
1 establishment unit
JSV METALEN
since 20212.319.092.232
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A0104/00C000 | Flanders | 5,195 m² | 1 · 3,834 m² | 6.1 m |
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.
Similar companies · same sector, comparable size
PIERRES ET ARTISANAT
BE 0457.033.613
Tournai · Eq €281k
HEBOSS INTERNATIONAL
BE 0447.428.138
Antwerpen · Eq €278k
M.S. INTERNATIONAL / CONCEPT
BE 0862.172.325
Maaseik · Eq €274k
Hens Van Meulder
BE 0417.039.325
Bornem · Eq €270k
KBS CONSTRUCT
BE 0676.771.374
Brussel · Eq €269k
Of 732 companies in sector 46820 we hold annual accounts for 387. 241 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-2021
Fiscal year end30-06
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
46820Wholesale trade
25401Forging of metal
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.