JVG
ActiveSummary
JVG has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of -€206,566. Equity is growing by ~14.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 51 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 245 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 90% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,058 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 245 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €91,315 | €510,414 | €217,195 | ▼ 57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €422,998 | €597,541 | €664,556 | €593,559 | €571,844 | ▼ 3.7% |
| Other operating charges640/8 | €386 | €29,995 | €22,097 | €26,977 | €18,935 | ▼ 29.8% |
| Non-recurring operating charges66A | - | €5,000 | €578,277 | €51,097 | €340 | ▼ 99.3% |
| Gross operating margin9900 | €39,985 | €4,224 | €384,303 | €849,446 | €490,662 | ▼ 42.2% |
| Operating profit (loss)9901 | -€383,400 | -€628,312 | -€880,627 | €177,814 | -€100,457 | ▼ 156% |
| Financial income75/76B | €1 | €51 | €38 | €498 | €316 | ▼ 36.5% |
| Recurring financial income75 | €1 | €51 | €38 | €498 | €316 | ▼ 36.5% |
| Financial charges65/66B | €56,691 | €51,513 | €325,835 | €222,448 | €106,425 | ▼ 52.2% |
| Recurring financial charges65 | €56,691 | €51,513 | €325,835 | €222,448 | €106,425 | ▼ 52.2% |
| Profit (loss) for the period before taxes9903 | -€440,090 | -€679,774 | -€1.2m | -€44,136 | -€206,566 | ▼ 368% |
| Profit (loss) for the period9904 | -€440,090 | -€679,774 | -€1.2m | -€44,136 | -€206,566 | ▼ 368% |
| Profit (loss) for the period to be appropriated9905 | -€440,090 | -€679,774 | -€1.2m | -€44,136 | -€206,566 | ▼ 368% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.8m | €17.2m | €16.8m | €12.1m | €12.5m | ▲ 3.1% |
| Fixed assets21/28 | €11.2m | €16.1m | €16.8m | €12.1m | €12.2m | ▲ 1.1% |
| Tangible fixed assets22/27 | €11.2m | €16.1m | €16.8m | €12.1m | €11.7m | ▼ 3.0% |
| Land and buildings22 | €11.2m | €16.1m | €16.8m | €12.1m | €11.7m | ▼ 3.0% |
| Furniture and vehicles24 | €5,696 | €7,416 | €5,693 | €3,969 | €3,444 | ▼ 13.2% |
| Financial fixed assets28 | - | - | - | - | €500,000 | - |
| Current assets29/58 | €607,627 | €1.1m | €17,038 | €16,306 | €255,647 | ▲ 1,468% |
| Amounts receivable within one year40/41 | €574,033 | €322,592 | €12 | €161 | €73 | ▼ 54.8% |
| Other amounts receivable41 | €574,033 | €322,592 | €12 | €161 | €73 | ▼ 54.8% |
| Cash at bank and in hand54/58 | €23,539 | €754,196 | €7,851 | €10,809 | €250,149 | ▲ 2,214% |
| Deferred charges and accrued income490/1 | €10,054 | €7,154 | €9,176 | €5,336 | €5,425 | ▲ 1.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.8m | €17.2m | €16.8m | €12.1m | €12.5m | ▲ 3.1% |
| Equity10/15 | €6.2m | €5.5m | €4.3m | €4.3m | €4.0m | ▼ 4.9% |
| Contributions10/11 | €7.5m | €7.5m | €7.5m | €7.5m | €7.5m | = |
| Reserves13 | €27,754 | €27,754 | €27,754 | €27,754 | €27,754 | = |
| Distributable reserves133 | €27,754 | €27,754 | €27,754 | €27,754 | €27,754 | = |
| Profit (loss) carried forward14 | -€1.3m | -€2.0m | -€3.2m | -€3.2m | -€3.4m | ▼ 6.4% |
| Amounts payable17/49 | €5.7m | €11.7m | €12.6m | €7.8m | €8.4m | ▲ 7.4% |
| Amounts payable after more than one year17 | €73,511 | - | - | €141,400 | €940,291 | ▲ 565% |
| Financial debts170/4 | €73,511 | - | - | €141,400 | €940,291 | ▲ 565% |
| Amounts payable within one year42/48 | €5.6m | €11.7m | €12.6m | €7.7m | €7.5m | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | €54,192 | - | - | - | €39,250 | - |
| Financial debts43 | €2.8m | €6.0m | €6.3m | €1.9m | €1.9m | = |
| Credit institutions430/8 | €2.8m | €6.0m | €6.3m | €1.9m | €1.9m | = |
| Trade debts44 | €2,488 | €75,807 | €234,768 | €68,113 | €222,662 | ▲ 227% |
| Suppliers440/4 | €2,488 | €75,807 | €234,768 | €68,113 | €222,662 | ▲ 227% |
| Other amounts payable47/48 | €2.7m | €5.6m | €6.0m | €5.8m | €5.4m | ▼ 7.1% |
| Accrued charges and deferred income492/3 | - | €4,000 | €2,118 | €1,049 | €3,184 | ▲ 203% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€440,090 | -€679,774 | -€1.2m | -€44,136 | -€206,566 | ▼ 368% |
| + Depreciation and write-downs630 | €422,998 | €597,541 | €664,556 | €593,559 | €571,844 | ▼ 3.7% |
| Operating cash flow (approximation) | -€17,093 | -€82,233 | -€541,868 | €549,423 | €365,278 | ▼ 33.5% |
| Investment in fixed assets (approximation) | - | -€5.4m | -€1.4m | €4.2m | -€708,432 | ▼ 117% |
| Change in cash | - | €730,657 | -€746,345 | €2,958 | €239,340 | ▲ 7,990% |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44806F0674/00L003 ProtectedMonument · Townscape or village viewBlindenhuis Van Caeneghemgesticht en Pharmacodynamisch Instituut met omgevingSource ↗ |
Flanders | 543 m² | 1 · 212 m² | 27.9 m · 5 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-11-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-11-2025 of JVG and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.