JVM Services
ActiveSummary
The computed 12-month bankruptcy probability of JVM Services is 2.8% (moderate). The 2024 annual accounts show equity of €859 and a net result of €10k. Equity is growing by ~56.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 5893 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+32
Solvency27▲+21
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.6%
Return on assets
19.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 5893 sector peers (2024).
NBB · sector comparisonPosition among 5893 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
44 d early
2022
27 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€859
2023 · €-10k
Total assets
€54k▲ 4.5%
2023 · €51k
Net result
€10k
2023 · €-3k
Working capital
€-29k▲ 26.4%
2023 · €-39k
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
Line202220232024
Operating result€-8k-€-3k▲ 67.6%€13k
Net result€-9k-€-3k▲ 61.5%€10k
Equity€-6k-€-10k▼ 53.9%€859
Total assets€64k-€51k▼ 20.2%€54k▲ 4.5%
Debt€71k-€61k▼ 13.6%€53k▼ 13.4%
Working capital€-38k-€-39k▼ 3.6%€-29k▲ 26.4%
Staff (FTE)1-1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54k
Fixed assets
€30k ▼ 12.3%
Current assets
€24k ▲ 37.8%
Equity and liabilities €54k
Equity
€859
Debt
€53k
Debt finances 98.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€26k▲
2023 · €9k
Cash flow
€23k▲
2023 · €8k
Current ratio
0.45▲
2023 · 0.31
Quick ratio
0.41▲
2023 · 0.26
ROA
19.5%▲
2023 · -6.6%
Interest coverage
77.86▲
2023 · 16.24
Debt ≤ 1 year
€53k▼
2023 · €56k
Debt > 1 year
€368▼
2023 · €5k
Income taxes
€3k▲
2023 · €363
Staff costs
€-60▼
2023 · €7k
Equity ratios withheld: equity of €859 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €7k | €0 | - | - |
| Remuneration, social security and pensions62 | €33k | €7k | €-60 | ▼ 101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | €13k | ▲ 11.9% |
| Other operating charges640/8 | €2k | €1k | €1k | ▲ 29.8% |
| Gross operating margin9900 | €39k | €17k | €27k | ▲ 62.5% |
| Operating profit (loss)9901 | €-8k | €-3k | €13k | ▲ 631% |
| Financial income75/76B | €57 | €65 | €38 | ▼ 42.0% |
| Recurring financial income75 | €57 | €65 | €38 | ▼ 42.0% |
| Financial charges65/66B | €624 | €543 | €336 | ▼ 38.2% |
| Recurring financial charges65 | €624 | €543 | €336 | ▼ 38.2% |
| Profit (loss) for the period before taxes9903 | €-8k | €-3k | €13k | ▲ 537% |
| Income taxes67/77 | €380 | €363 | €3k | ▲ 630% |
| Profit (loss) for the period9904 | €-9k | €-3k | €10k | ▲ 411% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-3k | €10k | ▲ 411% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €64k | €51k | €54k | ▲ 4.5% |
| Fixed assets21/28 | €40k | €34k | €30k | ▼ 12.3% |
| Intangible fixed assets21 | €2k | €2k | €2k | ▼ 16.7% |
| Tangible fixed assets22/27 | €38k | €32k | €28k | ▼ 12.0% |
| Plant, machinery and equipment23 | €5k | €8k | €12k | ▲ 57.5% |
| Furniture and vehicles24 | €33k | €24k | €16k | ▼ 34.2% |
| Current assets29/58 | €24k | €17k | €24k | ▲ 37.8% |
| Stocks and contracts in progress3 | €3k | €2k | €2k | ▼ 5.0% |
| Stocks30/36 | €3k | €2k | €2k | ▼ 5.0% |
| Amounts receivable within one year40/41 | €16k | €12k | €15k | ▲ 22.6% |
| Trade receivables40 | €14k | €9k | €14k | ▲ 53.7% |
| Other amounts receivable41 | €2k | €3k | €1k | ▼ 66.4% |
| Cash at bank and in hand54/58 | €4k | €2k | €5k | ▲ 153% |
| Deferred charges and accrued income490/1 | €2k | €419 | €1k | ▲ 156% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €64k | €51k | €54k | ▲ 4.5% |
| Equity10/15 | €-6k | €-10k | €859 | ▲ 109% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-9k | €-12k | €-2k | ▲ 86.5% |
| Amounts payable17/49 | €71k | €61k | €53k | ▼ 13.4% |
| Amounts payable after more than one year17 | €9k | €5k | €368 | ▼ 92.2% |
| Financial debts170/4 | €9k | €5k | €368 | ▼ 92.2% |
| Amounts payable within one year42/48 | €62k | €56k | €53k | ▼ 6.7% |
| Current portion of amounts payable after more than one year42 | €4k | €4k | €4k | ▲ 1.9% |
| Trade debts44 | €6k | €5k | €14k | ▲ 169% |
| Suppliers440/4 | €6k | €5k | €14k | ▲ 169% |
| Taxes, remuneration and social security45 | €6k | €887 | €3k | ▲ 199% |
| Taxes450/3 | €2k | €363 | €3k | ▲ 630% |
| Remuneration and social security454/9 | €4k | €523 | €0 | ▼ 100% |
| Other amounts payable47/48 | €45k | €46k | €31k | ▼ 31.6% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-3k | €10k | ▲ 411% |
| + Depreciation and write-downs630 | €11k | €11k | €13k | ▲ 11.9% |
| Operating cash flow (approximation) | €2k | €8k | €23k | ▲ 191% |
| Investment in fixed assets (approximation) | - | €-5k | €-9k | ▼ 68.5% |
| Change in cash | - | €-1k | €3k | ▲ 316% |
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
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Oudenaarde · 1 establishment unit since 2021
Ground area
185 m²
Building footprint
71 m²
Volume, LiDAR
424 m³
Parcel 45502A0838/00G000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
JVM Services
since 20212.325.068.323
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502A0838/00G000 | Flanders | 185 m² | 1 · 71 m² | 8.8 m · 2 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.
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Of 21,222 companies in sector 81300 we hold annual accounts for 4,363. 458 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
23420Manufacture of other non-metallic mineral products
41001General construction of residential buildings
43211General electrical installation work
43230Insulation installation
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.