JVG-Construct
ActiveSummary
The computed 12-month bankruptcy probability of JVG-Construct is 2.0% (moderate). The 2025 annual accounts show equity of €38k and a net result of €12k. Its solvency ranks better than 17% of 7453 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-3
Solvency34▲+3
Growth52
Track record82
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.47 in 2024; short-term debt: 34.6% and cash: 0.5% of total assets), and 91.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
8.8%
Return on assets
2.9%
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 17% of 7453 sector peers (2025).
NBB · sector comparisonPosition among 7453 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
15 d late
2024
27 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 48.2%
2024 · €25k
2024: €25k
2024 → 2025
Total assets
€426k▼ 4.5%
2024 · €446k
2024: €446k
2024 → 2025
Net result
€12k▼ 47.7%
2024 · €23k
2024: €23k
2024 → 2025
Working capital
€-100k▼ 16.2%
2024 · €-86k
2024: €-86k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€25k-€38k▲ 48.2%
Operating result€37k-€25k▼ 31.9%
Net result€23k-€12k▼ 47.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426k
Fixed assets
€379k ▲ 2.5%
Current assets
€47k ▼ 38.4%
Equity and liabilities €426k
Equity
€38k ▲ 48.2%
Debt
€388k ▼ 7.7%
Debt's share of the balance-sheet total falls from 94.3% to 91.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67k▲
2024 · €62k
Cash flow
€54k▲
2024 · €49k
Current ratio
0.32▼
2024 · 0.47
Quick ratio
0.31▼
2024 · 0.47
Debt to equity
10.34▼
2024 · 16.59
ROE
32.5%▼
2024 · 92.1%
ROA
2.9%▼
2024 · 5.2%
Interest coverage
6.40▼
2024 · 8.80
Debt ≤ 1 year
€147k▼
2024 · €163k
Debt > 1 year
€241k▼
2024 · €258k
Income taxes
€3k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€446k€426k▼
Fixed assets21/28€369k€379k▲
Tangible fixed assets22/27€369k€379k▲
Land and buildings22€279k€266k▼
Plant, machinery and equipment23€37k€73k▲
Furniture and vehicles24€54k€39k▼
Financial fixed assets28€60€60=
Current assets29/58€76k€47k▼
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€47k€43k▼
Trade receivables40€40k€43k▲
Other amounts receivable41€8k-
Cash at bank and in hand54/58€24k€2k▼
Deferred charges and accrued income490/1€5k€475▼
Equity and liabilities
Total equity and liabilities10/49€446k€426k▼
Equity10/15€25k€38k▲
Contributions10/11€2k€2k=
Reserves13€23k€34k▲
Distributable reserves133€23k€34k▲
Profit (loss) carried forward14€849€2k▲
Amounts payable17/49€421k€388k▼
Amounts payable after more than one year17€258k€241k▼
Financial debts170/4€258k€241k▼
Amounts payable within one year42/48€163k€147k▼
Current portion of amounts payable after more than one year42€28k€30k▲
Trade debts44€28k€14k▼
Suppliers440/4€28k€14k▼
Taxes, remuneration and social security45€9k€22k▲
Taxes450/3€9k€22k▲
Other amounts payable47/48€99k€82k▼
Income statement
Code20242025
Non-recurring operating income76A-€16k
Remuneration, social security and pensions62€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€41k▲
Other operating charges640/8€33k€3k▼
Non-recurring operating charges66A-€240
Gross operating margin9900€102k€69k▼
Operating profit (loss)9901€37k€25k▼
Financial income75/76B€28€41▲
Recurring financial income75€28€41▲
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€30k€15k▼
Income taxes67/77€7k€3k▼
Profit (loss) for the period9904€23k€12k▼
Profit (loss) for the period to be appropriated9905€23k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€13k▼
Profit (loss) brought forward from the previous period14P-€849
Transfer to equity691/2€23k€12k▼
To other reserves6921€23k€12k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
NBB filing
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, Oosterzele · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hoogstraat 349860 OosterzeleGround area
931 m²
Building footprint
259 m²
Volume, LiDAR
1,039 m³
Parcel 44023A0311/00D000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JVG-Construct
since 20232.354.376.476
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44023A0311/00D000 | Flanders | 931 m² | 1 · 259 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BATI CM CONSTRUCTIONS
BE 0755.575.461
La Louvière · Eq €37,555
HLKD SERVICES
BE 0848.107.919
Herstal · Eq €37,563
Vennootschap van de Hoeve van de Golf - Société de la Ferme du Golf
BE 0438.931.928
Hoeilaart · Eq €37,582
V.I.A.T.A.
BE 0886.150.527
Eeklo · Eq €37,533
BIERKENS
BE 1001.727.017
Oudenaarde · Eq €37,527
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,778 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
47522Retail trade
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.