Skip to content

JSV METALEN

Active
Public limited companyfounded 2021active for 5 yearsVoortstraat 15, 2490 Balen, BelgiumKBO/BCE: BE 0770.626.002
Summary

JSV METALEN has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282,124 and a net result of -€131,222. Equity has been shrinking by about 41% per year since 2022. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 24% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 01-07-2021 Normal situation
Activity
Wholesale trade NACE 46820and 2 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-06-2025
Establishment unit
2.319.092.232 2490 Balen, since 01-07-2021
Financial year end
30 June
Peppol
Reachable since 02-01-2026

Board and ownership

Board
  • DV CONSTRUCT CVADirector · since 30-06-2021
  • STEF VETS & CO NVDirector · since 30-06-2021
  • JONAS VETS & CO NVDirector

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 30-06-2025
Gross margin
€202,407
Turnover
≈ €1.0m
estimated
Loss
€131,222
▼ 59.4%
Equity
€282,124
▼ 31.7%
Total assets
€1.7m
▼ 0.6%
Employees on 30-06-2025
2
▲ 100%
Filed on 10-12-2025, 52 days before the deadline
Score breakdownraises riskLoss of €131,222, the second in a row (financial year 2025)Equity €282,124 (17.1% of total assets)lowers riskSize: 1 FTE, total assets €1.7mFigures for financial year 2025 (filed on 10-12-2025)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 34% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 42-8
equity 17.1% of total assets
Liquidity 62+1
short-term debt 15.3% · cash 12.3%
Profitability 25+25
return on assets -8.0%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 2.8% 01-2025: 2.9%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 2.0%▼ -0.9 percentage points vs 01-2025 03-2025: 1.6%▼ -0.4 percentage points vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 0.7%▼ -0.9 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 1.0%▲ +0.2 percentage points vs 11-2025 01-2026: 0.6%▼ -0.4 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.38 (2.25 in 2024), above the usual 1.5. Short-term debt is 15.3% and cash 12.3% of total assets. However, 82.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 29% of them on solvency, 68% on liquidity, 24% on profitability and 14% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €131,222, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 10-12-2025)
NBB · annual accounts
raises risk · Equity €282,124 (17.1% of total assets)
NBB · annual accounts
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 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€131,222
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9845 sector peers (2025).
NBB · sector comparison
Position among 9845 sector peers
Solvency
better than 24%
← 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 filings
Deviation from the deadline
2025
52 days early
2024
31 days early
2023
57 days early
2022
47 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 47 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 December (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€131,222 View
  • Caution: Lower net result than 94% of companies in wholesale tradesector median €26,857 · 9,824 companies -€131,222 View
  • Positive: Result rose in 2025from -€323,078 to -€131,222 ▲ 59.4% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Registered office moved within BalenPermanent representative: Vets Dirk
  2. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as JSV METALEN: wholesale trade (NACE 46820). They are comparable in size and age: total assets between €737,000 and €2.5m, founded between 2017 and 2023.

CompanyTotal assetsGross margin
JSV METALEN Balen€1.7m€0.2m
OR'GENT Brugge€1.7m€0.5m
Dacapo Stainless Mechelen€1.5m€0.4m
AQ FERO SERVICE Antwerpen€0.7m€0.2m
Anwer Nieuwe Metalen Heist-op-den-Berg€1.5m€0.4m
Pfenixx Mol€1.1m€0.2m
G-TEK Evergem€2.5m€0.4m
Full comparison

Key facts about JSV METALEN

What is the company number of JSV METALEN?
The company number of JSV METALEN is 0770.626.002. The VAT number is the same number with BE in front: BE 0770.626.002.
Where is JSV METALEN based?
The registered office is at Voortstraat 15, 2490 Balen.Company details
What does JSV METALEN do?
According to the KBO register, the main activity is wholesale trade (NACE 46820).
What is the legal form of JSV METALEN?
The legal form of JSV METALEN is Public limited company (NV).
When was JSV METALEN founded?
JSV METALEN was founded on 01-07-2021.
Is JSV METALEN still active?
Yes, JSV METALEN is an active enterprise in the KBO register.
How many employees does JSV METALEN have?
JSV METALEN had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does JSV METALEN fall under?
In its 30-06-2025 annual accounts, JSV METALEN states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of JSV METALEN?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €202,407 and 103 comparable companies (NACE 46). It probably lies between €520,000 and €1.8m.
Is JSV METALEN profitable?
In financial year 2025, JSV METALEN made a loss of €131,222.
Where can I find the annual accounts of JSV METALEN?
JSV METALEN filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of JSV METALEN due?
JSV METALEN must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.