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JVD Works

Active
Private limited companyfounded 2025active for 1 yearKazernestraat 38, 9160 Lokeren, BelgiumKBO/BCE: BE 1025.009.094
Summary

JVD Works has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,096 and a net result of €13,896. Its solvency ranks better than 66% of 3,172 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Bodywork repair (including spraying and painting)
NACE 95314
1 site
Size
€27,587total assets 2025
Equity
€15,096
Profit
€13,896
Turnover not published (micro format)
Financial health
71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts filed 19 days late
Why 71raises riskSize: total assets €27,587Founded in 2025lowers riskLiquidity: current ratio 2.00, cash €8,010Equity €15,096 (54.7% of total assets)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 75% of its sector peers (NACE 95, micro)
Financial strength
Strong
Solvency 80
equity 54.7% of total assets
Liquidity 64
short-term debt 45.3% · cash 29.0%
Profitability 100
return on assets 50.4%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,114 companies, NACE 95, micro)
Last 24 months 08-2026: 1.8%highest value 09-2026: 0.7%▼ -1.1 percentage points vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.0, above the usual 1.5; short-term debt: 45.3% and cash: 29% of total assets), and 45.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 65% on solvency, 65% on liquidity and 94% on profitability.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €27,587
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.00, cash €8,010
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €15,096 (54.7% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
19 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: VAN DAMME Jarno (director)…

Key points

  • Founded 15 months agofounded 02-07-2025 15 months View
  • Total assets 2025first financial year filed €27,587 View

By topic

Financials

Financial year
2025
Total assets
€27,587
Profit
€13,896
Solvency
54.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Bodywork repair (including spraying and painting)NACE 95314
Founded
02-07-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
11
Annual meeting
First Tuesday of June at 19:00
Statutory auditor
No statutory auditor
Go to Articles of association

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