JV
ActiveSummary
JV has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.17M and a net result of €228k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 43% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-19
Solvency73▲+41
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 3.04 in 2023; short-term debt: 12.9% and cash: 9% of total assets), and 52.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.6%
Return on assets
9.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
86 d late
2021
61 d late
2020
25 d late
2019
94 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.17M▲ 5,379%
2023 · €21k
2018: €-82k
2019: €-76k
2020: €-72k
2021: €-73k
2022: €-48k
2023: €21k
2018 → 2024
Total assets
€2.47M▲ 752%
2023 · €290k
2018: €41k
2019: €48k
2020: €18k
2021: €12k
2022: €30k
2023: €290k
2018 → 2024
Net result
€228k▲ 230%
2023 · €69k
2018: €-12k
2019: €6k
2020: €3k
2021: €-112
2022: €25k
2023: €69k
2018 → 2024
Working capital
€146k▼ 23.6%
2023 · €191k
2018: €-106k
2019: €-88k
2020: €-78k
2021: €-76k
2022: €-52k
2023: €191k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-72k-€-73k▼ 0.2%€-48k▲ 34.3%€21k€1.17M▲ 5,379%
Operating result€6k-€3k▼ 47.1%€34k▲ 1,021%€89k▲ 160%€275k▲ 209%
Net result€3k-€-112€25k€69k▲ 178%€228k▲ 230%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 209% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.47M
Fixed assets
€2.00M ▲ 34,332%
Current assets
€465k ▲ 63.7%
Equity and liabilities €2.47M
Equity
€1.17M ▲ 5,379%
Debt
€1.29M ▲ 382%
Debt's share of the balance-sheet total falls from 92.6% to 52.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€277k▲
2023 · €90k
Cash flow
€230k▲
2023 · €70k
Current ratio
1.46▼
2023 · 3.04
Debt to equity
1.10▼
2023 · 12.52
ROE
19.4%▼
2023 · 322.4%
ROA
9.2%▼
2023 · 23.9%
Interest coverage
452.13▲
2023 · 115.28
Debt ≤ 1 year
€319k▲
2023 · €93k
Debt > 1 year
€975k▲
2023 · €175k
Income taxes
€101k▲
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€290k€2.47M▲
Fixed assets21/28€6k€2.00M▲
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€982€424▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28-€2.00M
Current assets29/58€284k€465k▲
Amounts receivable after more than one year29€175k€175k=
Trade receivables290€175k€175k=
Amounts receivable within one year40/41€24k€65k▲
Trade receivables40€16k€24k▲
Other amounts receivable41€8k€41k▲
Cash at bank and in hand54/58€85k€221k▲
Deferred charges and accrued income490/1€120€4k▲
Equity and liabilities
Total equity and liabilities10/49€290k€2.47M▲
Equity10/15€21k€1.17M▲
Contributions10/11€25k€1.03M▲
Reserves13€9k€149k▲
Non-distributable reserves130/1€3k€3k=
Other1319€3k€3k=
Distributable reserves133€6k€146k▲
Profit (loss) carried forward14€-12k€866▲
Amounts payable17/49€268k€1.29M▲
Amounts payable after more than one year17€175k€975k▲
Financial debts170/4€175k€975k▲
Amounts payable within one year42/48€93k€319k▲
Trade debts44€13k€4k▼
Suppliers440/4€13k€4k▼
Taxes, remuneration and social security45€38k€40k▲
Taxes450/3€38k€40k▲
Other amounts payable47/48€43k€275k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€163€391▲
Gross operating margin9900€92k€279k▲
Operating profit (loss)9901€89k€275k▲
Financial income75/76B€75€55k▲
Recurring financial income75€75€55k▲
Financial charges65/66B€783€612▼
Recurring financial charges65€783€612▼
Profit (loss) for the period before taxes9903€88k€329k▲
Income taxes67/77€19k€101k▲
Profit (loss) for the period9904€69k€228k▲
Profit (loss) for the period to be appropriated9905€69k€228k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€216k▲
Profit (loss) brought forward from the previous period14P€-81k€-12k▲
Transfer to equity691/2-€140k
To other reserves6921-€140k
Profit to be distributed694/7-€75k
Return on contributions (dividend)694-€75k
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €228k ▲230%
Operating result €275k, net result €228k, both a record.
31-12
Financial
Equity above €1MEq €1.17M ▲5379%
3 profitable years in a row build equity to €1.17M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity times 9current ratio 3.04
Current ratio from 0.34 to 3.04.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Show earlier events
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Lievens-Houtem · 1 establishment unit since 2011
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.
Vijverstraat 119520 Sint-Lievens-HoutemGround area
689 m²
Building footprint
167 m²
Parcel 41007C0211/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
JV bvba
since 20112.196.258.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41007C0211/00C000 | Flanders | 689 m² | 1 · 167 m² | - |
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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REMAIN
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Carbon 12.011
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Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 1,451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-1991
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.