JVB-PROJECTS
InactiveFinancials · financial year 2025, micro format
Equity
€5,278▼ 77.8%
2024 · €23,795
Total assets
€133,235▲ 263%
2024 · €36,729
Net result
-€18,517
2024 · €27,360
Working capital
€10,949▼ 52.9%
2024 · €23,244
Trend over the years
2022 to 2025, 4 financial years
The operating result turns negative in 2025: a loss of €17,555 after €38,621 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€17,555
2025
Net result-€18,517
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€133,235
2025
Equity€5,278
2025
Debt€127,957
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€10,949
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Operating result-€1,126--€3,215▼ 186%€38,621-€17,555
Net result-€4,295--€9,270▼ 116%€27,360-€18,517
Equity€5,705--€3,565€23,795€5,278▼ 77.8%
Total assets€136,158-€232,568▲ 70.8%€36,729▼ 84.2%€133,235▲ 263%
Debt€130,453-€236,132▲ 81.0%€12,934▼ 94.5%€127,957▲ 889%
Working capital€4,239--€1,266€23,244€10,949▼ 52.9%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132,390
Fixed assets
€306 =
Current assets
€132,084 ▲ 279%
Equity and liabilities €133,235
Equity
€5,278 ▼ 77.8%
Debt
€127,957 ▲ 889%
Debt's share of the balance-sheet total rises from 35.2% to 96.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€16,823▼
2024 · €39,353
Cash flow
-€17,785▼
2024 · €28,092
Current ratio
1.09▼
2024 · 3.00
Debt to equity
24.24▲
2024 · 0.54
ROE
-350.8%▼
2024 · 115.0%
ROA
-13.9%▼
2024 · 74.5%
Interest coverage
-17.49▼
2024 · 5.09
Debt ≤ 1 year
€121,135▲
2024 · €11,603
Income taxes
€0▼
2024 · €3,536
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €619 | €732 | €732 | €732 | = |
| Other operating charges640/8 | €412 | €1,475 | €1,225 | €771 | ▼ 37.1% |
| Gross operating margin9900 | -€96 | -€1,008 | €40,577 | -€16,053 | - |
| Operating profit (loss)9901 | -€1,126 | -€3,215 | €38,621 | -€17,555 | - |
| Financial income75/76B | - | €194 | €0 | - | - |
| Recurring financial income75 | - | €194 | €0 | - | - |
| Financial charges65/66B | €3,169 | €6,249 | €7,725 | €962 | ▼ 87.5% |
| Recurring financial charges65 | €3,169 | €6,249 | €7,725 | €962 | ▼ 87.5% |
| Profit (loss) for the period before taxes9903 | -€4,295 | -€9,270 | €30,896 | -€18,517 | - |
| Income taxes67/77 | - | - | €3,536 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€4,295 | -€9,270 | €27,360 | -€18,517 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,295 | -€9,270 | €27,360 | -€18,517 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €136,158 | €232,568 | €36,729 | €133,235 | ▲ 263% |
| Formation expenses20 | €3,040 | €2,309 | €1,577 | €845 | ▼ 46.4% |
| Fixed assets21/28 | - | €306 | €306 | €306 | = |
| Financial fixed assets28 | - | €306 | €306 | €306 | = |
| Current assets29/58 | €133,118 | €229,954 | €34,847 | €132,084 | ▲ 279% |
| Stocks and contracts in progress3 | €126,576 | €207,555 | €0 | - | - |
| Stocks30/36 | €126,576 | €207,555 | €0 | - | - |
| Amounts receivable within one year40/41 | €1,958 | €13,657 | €0 | - | - |
| Trade receivables40 | €1,546 | €6,860 | €0 | - | - |
| Other amounts receivable41 | €411 | €6,798 | €0 | - | - |
| Cash at bank and in hand54/58 | €4,514 | €8,691 | €34,847 | €73 | ▼ 99.8% |
| Deferred charges and accrued income490/1 | €70 | €50 | €0 | €132,012 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €136,158 | €232,568 | €36,729 | €133,235 | ▲ 263% |
| Equity10/15 | €5,705 | -€3,565 | €23,795 | €5,278 | ▼ 77.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | - | €13,795 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €13,795 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€4,295 | -€13,565 | €0 | -€4,722 | - |
| Amounts payable17/49 | €130,453 | €236,132 | €12,934 | €127,957 | ▲ 889% |
| Amounts payable within one year42/48 | €128,879 | €231,220 | €11,603 | €121,135 | ▲ 944% |
| Current portion of amounts payable after more than one year42 | €85,600 | €164,400 | €0 | - | - |
| Trade debts44 | €1,219 | €6,603 | €1,201 | €1,512 | ▲ 25.9% |
| Suppliers440/4 | €1,219 | €6,603 | €1,201 | €1,512 | ▲ 25.9% |
| Taxes, remuneration and social security45 | - | €8,448 | €3,779 | €0 | ▼ 100% |
| Taxes450/3 | - | €8,448 | €3,779 | €0 | ▼ 100% |
| Other amounts payable47/48 | €42,060 | €51,770 | €6,623 | €119,623 | ▲ 1,706% |
| Accrued charges and deferred income492/3 | €1,574 | €4,912 | €1,331 | €6,821 | ▲ 413% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,295 | -€9,270 | €27,360 | -€18,517 | - |
| + Depreciation and write-downs630 | €619 | €732 | €732 | €732 | = |
| Operating cash flow (approximation) | -€3,676 | -€8,538 | €28,092 | -€17,785 | - |
| Investment in fixed assets (approximation) | - | - | -€732 | -€732 | = |
| Change in cash | - | €4,177 | €26,156 | -€34,774 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 24-04-2026 | 2026-00086778 |
| 30-09-2024 | micro format | 27-04-2025 | 2025-00076744 |
| 30-09-2023 | micro format | 26-04-2024 | 2024-00070233 |
| 30-09-2022 | micro format | 24-04-2023 | 2023-00063712 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.