JVL
ActiveSummary
JVL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.39M and a net result of €627k. Equity remains stable across the filed fiscal years (±1.7% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+11
Solvency74▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.1 in 2024; short-term debt: 51.2% and cash: 4.7% of total assets), and 51.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
48.8%
Return on assets
9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.39M
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
12 d early
2022
12 d early
2021
84 d late
2020
31 d late
2019
92 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3.39M▲ 22.7%
2024 · €2.77M
2018: €2.59M
2019: €2.60M▲ +0.2% vs 2018
2020: €2.54M▼ -2.2% vs 2019
2021: €2.52M▼ -0.6% vs 2020lowest in 8 years
2022: €2.58M▲ +2.0% vs 2021
2023: €2.73M▲ +5.9% vs 2022
2024: €2.77M▲ +1.4% vs 2023
2025: €3.39M▲ +22.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€6.96M▲ 3.6%
2024 · €6.72M
2018: €7.31Mhighest in 8 years
2019: €7.29M▼ -0.2% vs 2018
2020: €7.23M▼ -0.9% vs 2019
2021: €7.24M▲ +0.2% vs 2020
2022: €7.23M▼ -0.2% vs 2021
2023: €7.05M▼ -2.5% vs 2022
2024: €6.72M▼ -4.7% vs 2023lowest in 8 years
2025: €6.96M▲ +3.6% vs 2024
2018 → 2025
Net result
€627k▲ 1,486%
2024 · €40k
2018: €59k
2019: €47k▼ -20.8% vs 2018
2020: €-57k▼ -221% vs 2019lowest in 8 years
2021: €-15k▲ +73.5% vs 2020
2022: €51k▲ +443% vs 2021
2023: €232k▲ +352% vs 2022
2024: €40k▼ -83.0% vs 2023
2025: €627k▲ +1486% vs 2024highest in 8 years
2018 → 2025
Working capital
€-2.07M▲ 41.8%
2024 · €-3.56M
2018: €-4.19M
2019: €-4.19M● -0.0% vs 2018
2020: €-4.19M▼ -0.2% vs 2019lowest in 8 years
2021: €-4.13M▲ +1.6% vs 2020
2022: €-4.08M▲ +1.1% vs 2021
2023: €-3.64M▲ +10.8% vs 2022
2024: €-3.56M▲ +2.3% vs 2023
2025: €-2.07M▲ +41.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.52M-€2.58M▲ 2.0%€2.73M▲ 5.9%€2.77M▲ 1.4%€3.39M▲ 22.7%
2021: €2.52Mlowest in 5 years
2022: €2.58M▲ +2.0% vs 2021
2023: €2.73M▲ +5.9% vs 2022
2024: €2.77M▲ +1.4% vs 2023
2025: €3.39M▲ +22.7% vs 2024highest in 5 years
Operating result€-12k-€83k€448k▲ 437%€56k▼ 87.6%€73k▲ 31.0%
2021: €-12klowest in 5 years
2022: €83k▲ +788% vs 2021
2023: €448k▲ +437% vs 2022highest in 5 years
2024: €56k▼ -87.6% vs 2023
2025: €73k▲ +31.0% vs 2024
Net result€-15k-€51k€232k▲ 352%€40k▼ 83.0%€627k▲ 1,486%
2021: €-15klowest in 5 years
2022: €51k▲ +443% vs 2021
2023: €232k▲ +352% vs 2022
2024: €40k▼ -83.0% vs 2023
2025: €627k▲ +1486% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.96M
Fixed assets
€5.47M ▼ 13.6%
Current assets
€1.49M ▲ 282%
Equity and liabilities €6.96M
Equity
€3.39M ▲ 22.7%
Debt
€3.57M ▼ 9.7%
Debt's share of the balance-sheet total falls from 58.8% to 51.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116k▲
2024 · €99k
Cash flow
€671k▲
2024 · €83k
Current ratio
0.42▲
2024 · 0.10
Debt to equity
1.05▼
2024 · 1.43
ROE
18.5%▲
2024 · 1.4%
ROA
9.0%▲
2024 · 0.6%
Interest coverage
37.93▼
2024 · 69.19
Debt ≤ 1 year
€3.57M▼
2024 · €3.95M
Income taxes
€19k▲
2024 · €15k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.72M€6.96M▲
Fixed assets21/28€6.33M€5.47M▼
Tangible fixed assets22/27€2.01M€1.97M▼
Land and buildings22€2.00M€1.96M▼
Plant, machinery and equipment23€5k€3k▼
Other tangible fixed assets26€6k€831▼
Financial fixed assets28€4.32M€3.50M▼
Current assets29/58€391k€1.49M▲
Amounts receivable within one year40/41€371k€1.16M▲
Other amounts receivable41€371k€1.16M▲
Cash at bank and in hand54/58€20k€330k▲
Equity and liabilities
Total equity and liabilities10/49€6.72M€6.96M▲
Equity10/15€2.77M€3.39M▲
Contributions10/11€262k€262k=
Revaluation surpluses12€1.15M€1.15M=
Reserves13€1.36M€1.99M▲
Non-distributable reserves130/1€26k€26k=
Reserves not available under the articles1311€26k€26k=
Distributable reserves133€1.33M€1.96M▲
Amounts payable17/49€3.95M€3.57M▼
Amounts payable within one year42/48€3.95M€3.57M▼
Financial debts43€85k-
Credit institutions430/8€85k-
Trade debts44€32k€32k▲
Suppliers440/4€32k€32k▲
Taxes, remuneration and social security45€15k€19k▲
Taxes450/3€15k€19k▲
Other amounts payable47/48€3.82M€3.51M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€43k=
Other operating charges640/8€24k€25k▲
Gross operating margin9900€123k€141k▲
Operating profit (loss)9901€56k€73k▲
Financial income75/76B-€576k
Recurring financial income75-€576k
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€54k€646k▲
Income taxes67/77€15k€19k▲
Profit (loss) for the period9904€40k€627k▲
Profit (loss) for the period to be appropriated9905€40k€627k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€627k▲
Transfer to equity691/2€40k€627k▲
To other reserves6921€40k€627k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €92k | €50k | €45k | €43k | €43k | = |
| Other operating charges640/8 | €34k | €24k | €25k | €24k | €25k | ▲ 3.1% |
| Gross operating margin9900 | €114k | €158k | €519k | €123k | €141k | ▲ 14.7% |
| Operating profit (loss)9901 | €-12k | €83k | €448k | €56k | €73k | ▲ 31.0% |
| Financial income75/76B | - | - | €23k | - | €576k | - |
| Recurring financial income75 | - | - | €23k | - | €576k | - |
| Financial charges65/66B | €4k | €5k | €154k | €1k | €3k | ▲ 114% |
| Recurring financial charges65 | €4k | €5k | €154k | €1k | €3k | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €-16k | €78k | €317k | €54k | €646k | ▲ 1,088% |
| Income taxes67/77 | €-686 | €27k | €85k | €15k | €19k | ▲ 26.2% |
| Profit (loss) for the period9904 | €-15k | €51k | €232k | €40k | €627k | ▲ 1,486% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €51k | €232k | €40k | €627k | ▲ 1,486% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.24M | €7.23M | €7.05M | €6.72M | €6.96M | ▲ 3.6% |
| Fixed assets21/28 | €6.67M | €6.66M | €6.37M | €6.33M | €5.47M | ▼ 13.6% |
| Tangible fixed assets22/27 | €2.36M | €2.34M | €2.05M | €2.01M | €1.97M | ▼ 2.1% |
| Land and buildings22 | €2.33M | €2.32M | €2.04M | €2.00M | €1.96M | ▼ 1.8% |
| Plant, machinery and equipment23 | - | - | €6k | €5k | €3k | ▼ 27.0% |
| Other tangible fixed assets26 | €27k | €19k | €11k | €6k | €831 | ▼ 86.3% |
| Financial fixed assets28 | €4.32M | €4.32M | €4.32M | €4.32M | €3.50M | ▼ 18.9% |
| Current assets29/58 | €570k | €572k | €683k | €391k | €1.49M | ▲ 282% |
| Amounts receivable within one year40/41 | €570k | €571k | €593k | €371k | €1.16M | ▲ 213% |
| Trade receivables40 | - | €1k | - | - | - | - |
| Other amounts receivable41 | €570k | €570k | €593k | €371k | €1.16M | ▲ 213% |
| Cash at bank and in hand54/58 | - | €809 | €90k | €20k | €330k | ▲ 1,536% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.24M | €7.23M | €7.05M | €6.72M | €6.96M | ▲ 3.6% |
| Equity10/15 | €2.52M | €2.58M | €2.73M | €2.77M | €3.39M | ▲ 22.7% |
| Contributions10/11 | €262k | €262k | €262k | €262k | €262k | = |
| Capital10 | - | €262k | - | - | - | - |
| Issued capital100 | - | €262k | - | - | - | - |
| Outside capital11 | €262k | - | - | - | - | - |
| Other1109/19 | €262k | - | - | - | - | - |
| Revaluation surpluses12 | €1.23M | €1.23M | €1.15M | €1.15M | €1.15M | = |
| Reserves13 | €1.04M | €1.09M | €1.32M | €1.36M | €1.99M | ▲ 46.2% |
| Non-distributable reserves130/1 | €26k | €26k | €26k | €26k | €26k | = |
| Legal reserve130 | - | €26k | - | - | - | - |
| Reserves not available under the articles1311 | €26k | - | €26k | €26k | €26k | = |
| Distributable reserves133 | €1.01M | €1.06M | €1.29M | €1.33M | €1.96M | ▲ 47.1% |
| Amounts payable17/49 | €4.72M | €4.65M | €4.32M | €3.95M | €3.57M | ▼ 9.7% |
| Amounts payable after more than one year17 | €21k | - | - | - | - | - |
| Financial debts170/4 | €21k | - | - | - | - | - |
| Amounts payable within one year42/48 | €4.70M | €4.65M | €4.32M | €3.95M | €3.57M | ▼ 9.7% |
| Current portion of amounts payable after more than one year42 | €42k | €11k | - | - | - | - |
| Financial debts43 | €108k | €100k | €21k | €85k | - | - |
| Credit institutions430/8 | €108k | €100k | €21k | €85k | - | - |
| Trade debts44 | €88k | €71k | €22k | €32k | €32k | ▲ 1.0% |
| Suppliers440/4 | €88k | €71k | €22k | €32k | €32k | ▲ 1.0% |
| Taxes, remuneration and social security45 | €6k | €21k | €85k | €15k | €19k | ▲ 26.2% |
| Taxes450/3 | €6k | €21k | €85k | €15k | €19k | ▲ 26.2% |
| Other amounts payable47/48 | €4.45M | €4.45M | €4.20M | €3.82M | €3.51M | ▼ 8.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €51k | €232k | €40k | €627k | ▲ 1,486% |
| + Depreciation and write-downs630 | €92k | €50k | €45k | €43k | €43k | = |
| Operating cash flow (approximation) | €77k | €101k | €277k | €83k | €671k | ▲ 711% |
| Investment in fixed assets (approximation) | - | €-36k | €244k | €0 | €816k | - |
| Change in cash | - | - | €89k | €-70k | €310k | ▲ 544% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €627k ▲1,486%
Net result €627k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €51k
Net result €51k after 2 loss-making years.
23-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 84 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Registered office, Bonheiden · 1 establishment unit since 2000
Ground area
5,993 m²
Building footprint
3,020 m²
Volume, LiDAR
11,580 m³
Parcel 12031B0851/00G002, Flanders · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Weynesbaan 34, 2820 Bonheiden
since 20002.099.536.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031B0851/00G002 | Flanders | 5,993 m² | 1 · 3,020 m² | 11.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-1999
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.