JV CONSTRUCT TEAM
ActiveSummary
JV CONSTRUCT TEAM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,990 and a net result of €14,350. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+9
Solvency88▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 3.41 in 2024; short-term debt: 36.5% and cash: 6.1% of total assets), and 36.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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 2025Solvency, return and age of the figures
Solvency
63.5%
Return on assets
20.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
30 d early
2023
61 d early
2022
51 d early
2021
50 d early
2020
44 d early
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€43,990▼ 0.3%
2024 · €44,140
Total assets
€69,287▲ 14.8%
2024 · €60,333
Net result
€14,350▲ 75.0%
2024 · €8,201
Working capital
€33,619▼ 13.8%
2024 · €39,009
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€9,520€2,949€6,730▲ 128%€12,155▲ 80.6%€20,044▲ 64.9%
Net result-€11,055€1,802€3,525▲ 95.6%€8,201▲ 133%€14,350▲ 75.0%
Equity€30,612▼ 26.5%€32,414▲ 5.9%€35,939▲ 10.9%€44,140▲ 22.8%€43,990▼ 0.3%
Total assets€75,598▼ 1.4%€57,135▼ 24.4%€51,397▼ 10.0%€60,333▲ 17.4%€69,287▲ 14.8%
Debt€44,986▲ 28.6%€24,721▼ 45.0%€15,458▼ 37.5%€16,193▲ 4.8%€25,297▲ 56.2%
Working capital€28,302▼ 22.3%€31,365▲ 10.8%€34,298▲ 9.4%€39,009▲ 13.7%€33,619▼ 13.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 65% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69,287
Fixed assets
€10,371 ▲ 102%
Current assets
€58,916 ▲ 6.7%
Equity and liabilities €69,287
Equity
€43,990 ▼ 0.3%
Debt
€25,297 ▲ 56.2%
Debt's share of the balance-sheet total rises from 26.8% to 36.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22,880▲
2024 · €13,645
Cash flow
€17,186▲
2024 · €9,691
Current ratio
2.33▼
2024 · 3.41
Debt to equity
0.58▲
2024 · 0.37
ROE
32.6%▲
2024 · 18.6%
ROA
20.7%▲
2024 · 13.6%
Interest coverage
30.11▼
2024 · 30.98
Debt ≤ 1 year
€25,297▲
2024 · €16,193
Income taxes
€5,600▲
2024 · €3,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 31,324 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,636 | €1,690 | €804 | €1,490 | €2,836 | ▲ 90.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €21,000 | - | - |
| Other operating charges640/8 | - | €2,452 | €1,370 | €854 | €969 | ▲ 13.6% |
| Gross operating margin9900 | -€4,630 | €7,091 | €8,904 | €35,498 | €23,849 | ▼ 32.8% |
| Operating profit (loss)9901 | -€9,520 | €2,949 | €6,730 | €12,155 | €20,044 | ▲ 64.9% |
| Financial income75/76B | - | €40 | €51 | €1 | €665 | ▲ 92,260% |
| Recurring financial income75 | €0 | €40 | €51 | €1 | €665 | ▲ 92,260% |
| Financial charges65/66B | - | €1,082 | €795 | €440 | €760 | ▲ 72.5% |
| Recurring financial charges65 | €1,534 | €1,082 | €795 | €440 | €760 | ▲ 72.5% |
| Profit (loss) for the period before taxes9903 | -€11,055 | €1,907 | €5,987 | €11,715 | €19,950 | ▲ 70.3% |
| Income taxes67/77 | - | €105 | €2,462 | €3,514 | €5,600 | ▲ 59.3% |
| Profit (loss) for the period9904 | -€11,055 | €1,802 | €3,525 | €8,201 | €14,350 | ▲ 75.0% |
| Profit (loss) for the period to be appropriated9905 | -€11,055 | €1,802 | €3,525 | €8,201 | €14,350 | ▲ 75.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €75,598 | €57,135 | €51,397 | €60,333 | €69,287 | ▲ 14.8% |
| Fixed assets21/28 | €2,310 | €1,049 | €1,641 | €5,131 | €10,371 | ▲ 102% |
| Tangible fixed assets22/27 | €1,910 | €649 | €1,241 | €4,731 | €9,971 | ▲ 111% |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - |
| Furniture and vehicles24 | - | €649 | €1,241 | €4,731 | €9,971 | ▲ 111% |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €73,288 | €56,086 | €49,756 | €55,202 | €58,916 | ▲ 6.7% |
| Stocks and contracts in progress3 | €32,000 | €10,500 | - | - | - | - |
| Stocks30/36 | - | €10,500 | - | - | - | - |
| Amounts receivable within one year40/41 | €41,171 | €43,725 | €40,415 | €54,931 | €54,693 | ▼ 0.4% |
| Trade receivables40 | - | €43,119 | €40,157 | €54,076 | €39,481 | ▼ 27.0% |
| Other amounts receivable41 | - | €606 | €259 | €856 | €15,212 | ▲ 1,678% |
| Cash at bank and in hand54/58 | €117 | €1,861 | €9,341 | €271 | €4,223 | ▲ 1,460% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €75,598 | €57,135 | €51,397 | €60,333 | €69,287 | ▲ 14.8% |
| Equity10/15 | €30,612 | €32,414 | €35,939 | €44,140 | €43,990 | ▼ 0.3% |
| Contributions10/11 | €6,200 | €8,060 | €8,060 | €8,060 | €8,060 | = |
| Reserves13 | €1,860 | - | - | - | - | - |
| Profit (loss) carried forward14 | €22,552 | €24,354 | €27,879 | €36,080 | €35,930 | ▼ 0.4% |
| Amounts payable17/49 | €44,986 | €24,721 | €15,458 | €16,193 | €25,297 | ▲ 56.2% |
| Amounts payable within one year42/48 | €44,986 | €24,721 | €15,458 | €16,193 | €25,297 | ▲ 56.2% |
| Financial debts43 | - | €936 | - | €1,124 | - | - |
| Credit institutions430/8 | - | €936 | - | €1,124 | - | - |
| Trade debts44 | €15,009 | €16,467 | €8,055 | €4,425 | €10,894 | ▲ 146% |
| Suppliers440/4 | - | €16,467 | €8,055 | €4,425 | €10,894 | ▲ 146% |
| Taxes, remuneration and social security45 | - | €2,105 | €6,862 | €10,376 | €14,403 | ▲ 38.8% |
| Taxes450/3 | - | €2,105 | €6,862 | €10,376 | €14,403 | ▲ 38.8% |
| Other amounts payable47/48 | - | €5,213 | €541 | €269 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,055 | €1,802 | €3,525 | €8,201 | €14,350 | ▲ 75.0% |
| + Depreciation and write-downs630 | €3,636 | €1,690 | €804 | €1,490 | €2,836 | ▲ 90.4% |
| Operating cash flow (approximation) | -€7,418 | €3,492 | €4,329 | €9,691 | €17,186 | ▲ 77.3% |
| Investment in fixed assets (approximation) | - | -€429 | -€1,395 | -€4,980 | -€8,075 | ▼ 62.2% |
| Change in cash | - | €1,745 | €7,479 | -€9,070 | €3,952 | ▲ 144% |
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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €14,350 ▲75%
Operating result €20,044, net result €14,350, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €1,802
Net result €1,802 after one loss-making year.
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€11,055
Net result drops to -€11,055, the lowest in the series; recovery starts the following year.
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Steenokkerzeel · 1 establishment unit since 2006
Ground area
770 m²
Building footprint
117 m²
Volume, LiDAR
412 m³
Parcel 23081A0082/00N000, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JV CONSTRUCT TEAM
since 20062.154.914.782
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23081A0082/00N000 | Flanders | 770 m² | 1 · 117 m² | 4.9 m · 1 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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Of 8,464 companies in sector 43120 we hold annual accounts for 3,232. 2,433 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-04-2006
Fiscal year end30-09
Activities, NACEBEL 2025
43120Site preparation
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0880970133
Also
9925:BE0880970133
Registered
20-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.