JVG
InactiveJVG was declared bankrupt on 03-07-2024 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 22-12-2025, published in the Belgian State Gazette on 29-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-11-2023, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
101 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 66 days after 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 (1)
History
Financials · fiscal year 2022, micro schema
Equity
€1,281▼ 92.2%
2021 · €16,390
Total assets
€56,924▼ 24.3%
2021 · €75,166
Net result
-€15,109
2021 · €6,390
Working capital
-€5,853
2021 · €9,622
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
Line20212022
Operating result€7,937--€14,225
Net result€6,390--€15,109
Equity€16,390-€1,281▼ 92.2%
Total assets€75,166-€56,924▼ 24.3%
Debt€58,776-€55,643▼ 5.3%
Working capital€9,622--€5,853
Staff (FTE)12.4-10.7▼ 13.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €14,225 after €7,937 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €56,924
Fixed assets
€7,689 ▼ 6.5%
Current assets
€49,235 ▼ 26.4%
Equity and liabilities €56,924
Equity
€1,281 ▼ 92.2%
Debt
€55,643 ▼ 5.3%
Debt's share of the balance-sheet total rises from 78.2% to 97.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€11,786▼
2021 · €8,979
Cash flow
-€12,670▼
2021 · €7,431
Current ratio
0.89▼
2021 · 1.17
Quick ratio
0.72▼
2021 · 0.96
Debt to equity
43.44▲
2021 · 3.59
ROA
-26.5%▼
2021 · 8.5%
Interest coverage
-13.24▼
2021 · 23.11
Debt ≤ 1 year
€55,088▼
2021 · €57,317
Debt > 1 year
€556▼
2021 · €1,459
Income taxes
€68▼
2021 · €1,182
Staff costs
€161,329▲
2021 · €66,774
A ratio outside any meaningful range has been withheld (balance sheet total €56,924, equity €1,281).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €66,774 | €161,329 | ▲ 142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,041 | €2,439 | ▲ 134% |
| Other operating charges640/8 | €1,288 | €4,092 | ▲ 218% |
| Gross operating margin9900 | €77,041 | €153,636 | ▲ 99.4% |
| Operating profit (loss)9901 | €7,937 | -€14,225 | ▼ 279% |
| Financial income75/76B | €23 | €74 | ▲ 215% |
| Recurring financial income75 | €23 | €74 | ▲ 215% |
| Financial charges65/66B | €389 | €890 | ▲ 129% |
| Recurring financial charges65 | €389 | €890 | ▲ 129% |
| Profit (loss) for the period before taxes9903 | €7,572 | -€15,041 | ▼ 299% |
| Income taxes67/77 | €1,182 | €68 | ▼ 94.2% |
| Profit (loss) for the period9904 | €6,390 | -€15,109 | ▼ 336% |
| Profit (loss) for the period to be appropriated9905 | €6,390 | -€15,109 | ▼ 336% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €75,166 | €56,924 | ▼ 24.3% |
| Fixed assets21/28 | €8,227 | €7,689 | ▼ 6.5% |
| Tangible fixed assets22/27 | €8,227 | €7,513 | ▼ 8.7% |
| Plant, machinery and equipment23 | €4,816 | €3,652 | ▼ 24.2% |
| Furniture and vehicles24 | €1,426 | €2,697 | ▲ 89.2% |
| Leasing and similar rights25 | €1,986 | €1,164 | ▼ 41.4% |
| Financial fixed assets28 | - | €176 | - |
| Current assets29/58 | €66,939 | €49,235 | ▼ 26.4% |
| Stocks and contracts in progress3 | €12,000 | €9,391 | ▼ 21.7% |
| Stocks30/36 | €12,000 | €9,391 | ▼ 21.7% |
| Amounts receivable within one year40/41 | €4,935 | €7,009 | ▲ 42.0% |
| Trade receivables40 | €1,804 | €5,309 | ▲ 194% |
| Other amounts receivable41 | €3,131 | €1,700 | ▼ 45.7% |
| Cash at bank and in hand54/58 | €49,975 | €26,099 | ▼ 47.8% |
| Deferred charges and accrued income490/1 | €29 | €6,737 | ▲ 22,956% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €75,166 | €56,924 | ▼ 24.3% |
| Equity10/15 | €16,390 | €1,281 | ▼ 92.2% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Reserves13 | €6,390 | - | - |
| Distributable reserves133 | €6,390 | - | - |
| Profit (loss) carried forward14 | - | -€8,719 | - |
| Amounts payable17/49 | €58,776 | €55,643 | ▼ 5.3% |
| Amounts payable after more than one year17 | €1,459 | €556 | ▼ 61.9% |
| Financial debts170/4 | €1,459 | €556 | ▼ 61.9% |
| Amounts payable within one year42/48 | €57,317 | €55,088 | ▼ 3.9% |
| Current portion of amounts payable after more than one year42 | €773 | €903 | ▲ 16.9% |
| Trade debts44 | €40,541 | €32,271 | ▼ 20.4% |
| Suppliers440/4 | €40,541 | €32,271 | ▼ 20.4% |
| Taxes, remuneration and social security45 | €16,003 | €21,914 | ▲ 36.9% |
| Taxes450/3 | €8,751 | €10,596 | ▲ 21.1% |
| Remuneration and social security454/9 | €7,251 | €11,318 | ▲ 56.1% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €6,390 | -€15,109 | ▼ 336% |
| + Depreciation and write-downs630 | €1,041 | €2,439 | ▲ 134% |
| Operating cash flow (approximation) | €7,431 | -€12,670 | ▼ 270% |
| Investment in fixed assets (approximation) | - | -€1,901 | - |
| Change in cash | - | -€23,876 | - |
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
2025
29-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 22-12-2025
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 03-07-2024
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JAN BERGMANS BOONHOF 24, 2890. PUURS-SINT-
AMANDS |
03-07-2024 → 22-12-2025 |