JVK Construct
ActiveThe computed 12-month bankruptcy probability of JVK Construct is 1.9% (moderate). The 2025 annual accounts show equity of €309k and a net result of €40k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 1887 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-7
Solvency39▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.88 in 2024; short-term debt: 26.6% and cash: 1% of total assets), and 85.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 25
Relative position
BE, all sectors
reference
Sector 25
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
14.5%
Return on assets
1.9%
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 18% of 1887 sector peers (2025).
NBB · sector comparisonPosition among 1887 sector peers
Solvency
better than 18%
← 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 15-07-2026, 16 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
16 d early
2024
9 d early
2023
15 d early
2022
12 d early
2021
11 d early
2020
10 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€309k▲ 14.7%
2024 · €269k
2020: €102k
2021: €160k
2022: €206k
2023: €230k
2024: €269k
2020 → 2025
Total assets
€2.13M▲ 30.0%
2024 · €1.64M
2020: €240k
2021: €503k
2022: €775k
2023: €1.68M
2024: €1.64M
2020 → 2025
Net result
€40k▲ 0.7%
2024 · €39k
2020: €96k
2021: €58k
2022: €46k
2023: €24k
2024: €39k
2020 → 2025
Working capital
€-82k▼ 39.4%
2024 · €-59k
2020: €40k
2021: €35k
2022: €76k
2023: €-134k
2024: €-59k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€160k-€206k▲ 28.7%€230k▲ 11.6%€269k▲ 17.1%€309k▲ 14.7%
Operating result€76k-€76k▼ 1.0%€48k▼ 36.8%€102k▲ 112%€126k▲ 24.4%
Net result€58k-€46k▼ 21.2%€24k▼ 48.1%€39k▲ 64.6%€40k▲ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.13M
Fixed assets
€1.65M▲ 34.2%
Current assets
€486k▲ 17.4%
Equity and liabilities €2.13M
Equity
€309k▲ 14.7%
Debt
€1.82M▲ 33.0%
The debt ratio rises from 83.6% to 85.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€327k▲
2024 · €228k
Cash flow
€240k▲
2024 · €165k
Solvency
14.5%▼
2024 · 16.4%
Current ratio
0.86▼
2024 · 0.88
Quick ratio
0.86▼
2024 · 0.88
Debt / equity
5.91▲
2024 · 5.10
ROE
12.8%▼
2024 · 14.6%
ROA
1.9%▼
2024 · 2.4%
Interest coverage
4.86▼
2024 · 5.62
Debt
€1.82M▲
2024 · €1.37M
Debt ≤ 1 year
€568k▲
2024 · €472k
Debt > 1 year
€1.26M▲
2024 · €898k
Income taxes
€20k▼
2024 · €23k
Staff costs
€112k▲
2024 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.64M€2.13M▲
Fixed assets21/28€1.23M€1.65M▲
Tangible fixed assets22/27€1.23M€1.65M▲
Land and buildings22€1.05M€1.48M▲
Plant, machinery and equipment23€132k€117k▼
Furniture and vehicles24€40k€48k▲
Financial fixed assets28€180-
Current assets29/58€414k€486k▲
Amounts receivable within one year40/41€323k€444k▲
Trade receivables40€318k€425k▲
Other amounts receivable41€5k€19k▲
Cash at bank and in hand54/58€89k€21k▼
Deferred charges and accrued income490/1€2k€21k▲
Equity and liabilities
Total equity and liabilities10/49€1.64M€2.13M▲
Equity10/15€269k€309k▲
Contributions10/11€6k€6k=
Reserves13€263k€302k▲
Distributable reserves133€263k€302k▲
Amounts payable17/49€1.37M€1.82M▲
Amounts payable after more than one year17€898k€1.26M▲
Financial debts170/4€898k€1.26M▲
Amounts payable within one year42/48€472k€568k▲
Current portion of amounts payable after more than one year42€129k€197k▲
Trade debts44€118k€143k▲
Suppliers440/4€118k€143k▲
Taxes, remuneration and social security45€51k€98k▲
Taxes450/3€38k€85k▲
Remuneration and social security454/9€13k€14k▲
Other amounts payable47/48€175k€129k▼
Accrued charges and deferred income492/3€936€936=
Income statement
Code20242025
Remuneration, social security and pensions62€92k€112k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€201k▲
Other operating charges640/8€13k€5k▼
Gross operating margin9900€332k€444k▲
Operating profit (loss)9901€102k€126k▲
Financial income75/76B€892€702▼
Recurring financial income75€892€702▼
Financial charges65/66B€41k€67k▲
Recurring financial charges65€41k€67k▲
Profit (loss) for the period before taxes9903€62k€60k▼
Income taxes67/77€23k€20k▼
Profit (loss) for the period9904€39k€40k▲
Profit (loss) for the period to be appropriated9905€39k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€40k▲
Transfer to equity691/2€39k€40k▲
To other reserves6921€39k€40k▲
The notes to these accounts (7 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €24k ▼48.1%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €206k ▲28.7%
3 profitable years in a row build equity to €206k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €160k ▲57.3%
2 profitable years in a row build equity to €160k.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 2 establishment units since 2019
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.
Kuildamstraat 129100 Sint-NiklaasGround area
1,847 m²
Building footprint
303 m²
Volume, LiDAR
1,633 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
JVK Construct
since 20192.292.460.881
JVK Construct
since 20242.358.537.083
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020E0404/00C000 | Flanders | 1,525 m² | 1 · 212 m² | 7.3 m · 2 fl. |
| 46021A0273/00F002indicative | Flanders | 323 m² | 1 · 91 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 144 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 144 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsLasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Similar companies · same sector, comparable size
METAL WORK DESIGN
BE 0685.762.680
Mons · Eq €309k
Metallink
BE 0715.838.818
Roeselare · Eq €308k
C.R. Welding
BE 0802.483.869
Pelt · Eq €308k
EURO METAL COAT
BE 0449.298.753
Lanaken · Eq €309k
VAN WALLENDAEL
BE 0476.172.802
Essen · Eq €308k
Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,645 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2019
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.