JVD CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of JVD CONSTRUCT is 2.1% (moderate). The 2025 annual accounts show equity of €140,495 and a net result of €213,629. Equity is growing by ~101.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 7940 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-5
Solvency37▼-15
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.12 in 2024; short-term debt: 72% and cash: 21.4% of total assets), and 87.8% of the assets are financed with debt.
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Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
12.2%
Return on assets
18.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7940 sector peers (2025).
NBB · sector comparisonPosition among 7940 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
11 d early
2024
50 d late
2023
61 d late
2022
60 d late
2021
23 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 37 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€213,629▲ 83.7%
2024 · €116,277
Working capital
€13,043▼ 52.7%
2024 · €27,568
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,296--€15,820€31,710€169,115▲ 433%€271,702▲ 60.7%
Net result€15,922within the sector's middle half--€12,875below the sector's middle half€22,029within the sector's middle half€116,277within the sector's middle half▲ 428%€213,629above the sector's middle half▲ 83.7%
Equity€20,922within the sector's middle half-€8,048below the sector's middle half▼ 61.5%€30,077within the sector's middle half▲ 274%€136,866within the sector's middle half▲ 355%€140,495within the sector's middle half▲ 2.7%
Total assets€97,985within the sector's middle half-€159,041within the sector's middle half▲ 62.3%€232,760within the sector's middle half▲ 46.4%€513,490within the sector's middle half▲ 121%€1.2mwithin the sector's middle half▲ 125%
Debt€77,063-€150,994▲ 95.9%€202,683▲ 34.2%€376,624▲ 85.8%€1.0m▲ 169%
Working capital-€7,383below the sector's middle half--€39,496below the sector's middle half▼ 435%-€12,971below the sector's middle half▲ 67.2%€27,568within the sector's middle half€13,043below the sector's middle half▼ 52.7%
Solvency21.4%below the sector's middle half-5.1%below the sector's middle half▼ 16.3pp12.9%below the sector's middle half▲ 7.9pp26.7%within the sector's middle half▲ 13.7pp12.2%below the sector's middle half▼ 14.5pp
Current ratio0.86below the sector's middle half-0.56below the sector's middle half▼ 0.300.92below the sector's middle half▲ 0.361.12below the sector's middle half▲ 0.201.02below the sector's middle half▼ 0.11
Return on assets (ROA)16.2%within the sector's middle half--8.1%below the sector's middle half▼ 24.3pp9.5%within the sector's middle half▲ 17.6pp22.6%above the sector's middle half▲ 13.2pp18.5%above the sector's middle half▼ 4.1pp
Staff (FTE)1below the sector's middle half3within the sector's middle half▲ 200%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€310,552 ▲ 20.3%
Current assets
€844,016 ▲ 231%
Equity and liabilities €1.2m
Equity
€140,495 ▲ 2.7%
Debt
€1.0m ▲ 169%
Debt's share of the balance-sheet total rises from 73.3% to 87.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€348,595▲
2024 · €213,463
Cash flow
€290,521▲
2024 · €160,625
Debt to equity
7.22▲
2024 · 2.75
ROE
152.1%▲
2024 · 85.0%
Interest coverage
45.35▼
2024 · 54.58
Debt ≤ 1 year
€830,973▲
2024 · €227,756
Debt > 1 year
€183,100▲
2024 · €148,867
Income taxes
€70,994▲
2024 · €48,927
Staff costs
€135,059▲
2024 · €25,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,713 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,010 | €198 | €12,631 | €25,000 | €135,059 | ▲ 440% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,687 | €21,694 | €25,879 | €44,348 | €76,893 | ▲ 73.4% |
| Other operating charges640/8 | €533 | €471 | €8,776 | €7,535 | €2,937 | ▼ 61.0% |
| Non-recurring operating charges66A | €28 | €63 | - | - | €36 | - |
| Gross operating margin9900 | €40,554 | €6,606 | €78,995 | €245,998 | €486,626 | ▲ 97.8% |
| Operating profit (loss)9901 | €17,296 | -€15,820 | €31,710 | €169,115 | €271,702 | ▲ 60.7% |
| Financial income75/76B | - | €8,331 | €0 | €0 | €20,608 | ▲ 6,647,687% |
| Recurring financial income75 | - | €8,331 | €0 | €0 | €20,608 | ▲ 6,647,687% |
| Non-recurring financial income76B | - | - | - | - | €20,608 | - |
| Financial charges65/66B | €1,373 | €2,164 | €1,698 | €3,911 | €7,687 | ▲ 96.5% |
| Recurring financial charges65 | €1,373 | €2,164 | €1,698 | €3,911 | €7,687 | ▲ 96.5% |
| Profit (loss) for the period before taxes9903 | €15,922 | -€9,653 | €30,012 | €165,204 | €284,623 | ▲ 72.3% |
| Income taxes67/77 | - | €3,222 | €7,983 | €48,927 | €70,994 | ▲ 45.1% |
| Profit (loss) for the period9904 | €15,922 | -€12,875 | €22,029 | €116,277 | €213,629 | ▲ 83.7% |
| Profit (loss) for the period to be appropriated9905 | €15,922 | -€12,875 | €22,029 | €116,277 | €213,629 | ▲ 83.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €97,985 | €159,041 | €232,760 | €513,490 | €1.2m | ▲ 125% |
| Formation expenses20 | - | €269 | - | - | - | - |
| Fixed assets21/28 | €51,537 | €108,386 | €88,717 | €258,165 | €310,552 | ▲ 20.3% |
| Intangible fixed assets21 | €628 | - | - | - | - | - |
| Tangible fixed assets22/27 | €50,908 | €108,386 | €88,717 | €258,165 | €310,552 | ▲ 20.3% |
| Plant, machinery and equipment23 | €21,502 | €31,958 | €24,692 | €168,624 | €232,211 | ▲ 37.7% |
| Furniture and vehicles24 | €29,407 | €958 | €625 | €38,211 | €39,081 | ▲ 2.3% |
| Leasing and similar rights25 | - | €75,470 | €63,400 | €51,330 | €39,260 | ▼ 23.5% |
| Current assets29/58 | €46,448 | €50,386 | €144,044 | €255,325 | €844,016 | ▲ 231% |
| Amounts receivable within one year40/41 | €18,515 | €40,474 | €112,166 | €220,793 | €594,686 | ▲ 169% |
| Trade receivables40 | €15,560 | €32,957 | €110,753 | €207,497 | €571,623 | ▲ 175% |
| Other amounts receivable41 | €2,955 | €7,517 | €1,413 | €13,296 | €23,063 | ▲ 73.5% |
| Current investments50/53 | €27,902 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €7,396 | €31,308 | €31,342 | €246,512 | ▲ 687% |
| Deferred charges and accrued income490/1 | €31 | €2,516 | €569 | €3,190 | €2,818 | ▼ 11.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €97,985 | €159,041 | €232,760 | €513,490 | €1.2m | ▲ 125% |
| Equity10/15 | €20,922 | €8,048 | €30,077 | €136,866 | €140,495 | ▲ 2.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | - | - | €5,000 | €5,000 | - | - |
| Other1109/19 | - | - | €5,000 | €5,000 | - | - |
| Reserves13 | - | - | €22,029 | €128,818 | €128,818 | = |
| Non-distributable reserves130/1 | - | - | - | - | €128,818 | - |
| Other1319 | - | - | - | - | €128,818 | - |
| Distributable reserves133 | - | - | €22,029 | €128,818 | - | - |
| Profit (loss) carried forward14 | €15,922 | €3,048 | €3,048 | €3,048 | €6,676 | ▲ 119% |
| Amounts payable17/49 | €77,063 | €150,994 | €202,683 | €376,624 | €1.0m | ▲ 169% |
| Amounts payable after more than one year17 | €23,232 | €61,112 | €45,668 | €148,867 | €183,100 | ▲ 23.0% |
| Financial debts170/4 | €23,232 | €61,112 | €45,668 | €148,867 | €183,100 | ▲ 23.0% |
| Amounts payable within one year42/48 | €53,831 | €89,882 | €157,015 | €227,756 | €830,973 | ▲ 265% |
| Current portion of amounts payable after more than one year42 | €19,024 | €27,603 | €15,443 | €33,209 | €46,061 | ▲ 38.7% |
| Trade debts44 | €6,002 | €25,934 | €75,877 | €87,632 | €408,088 | ▲ 366% |
| Suppliers440/4 | €6,002 | €25,934 | €75,877 | €87,632 | €408,088 | ▲ 366% |
| Taxes, remuneration and social security45 | €1,363 | €340 | €8,771 | €50,261 | €160,506 | ▲ 219% |
| Taxes450/3 | €1,363 | €340 | €8,771 | €48,927 | €151,421 | ▲ 209% |
| Remuneration and social security454/9 | - | - | - | €1,334 | €9,085 | ▲ 581% |
| Other amounts payable47/48 | €27,442 | €36,005 | €56,924 | €56,653 | €216,318 | ▲ 282% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,922 | -€12,875 | €22,029 | €116,277 | €213,629 | ▲ 83.7% |
| + Depreciation and write-downs630 | €21,687 | €21,694 | €25,879 | €44,348 | €76,893 | ▲ 73.4% |
| Operating cash flow (approximation) | €37,610 | €8,819 | €47,908 | €160,625 | €290,521 | ▲ 80.9% |
| Investment in fixed assets (approximation) | - | -€78,543 | -€6,209 | -€213,796 | -€129,280 | ▲ 39.5% |
| Change in cash | - | - | €23,912 | €33 | €215,170 | ▲ 642,775% |
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2021net €213,629 ▲83.7%
Operating result €271,702, net result €213,629, both a record.
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 50 days late
2024
31-12
Financial
Equity above €100,000Eq €136,866 ▲355%
2 profitable years in a row build equity to €136,866.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €22,029
Net result €22,029 after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet -€12,875
Net result drops to -€12,875, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mons · 1 establishment unit since 2020
Ground area
729 m²
Building footprint
111 m²
Volume, LiDAR
638 m³
Parcel 53071B0064/00C000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
JVD CONSTRUCT
since 20202.310.630.466
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53071B0064/00C000 | Wallonia | 729 m² | 1 · 111 m² | 7.3 m · 2 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 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,653 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
Founded11-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
43120Site preparation
43910Bricklaying and masonry work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759711126
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.