JVO-Projects
ActiveJVO-Projects has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €495k and a net result of €73k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 6.33 against 7.48 in 2024; short-term debt: 11.9% and cash: 16.9% of total assets), and 11.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
88.1%
Return on assets
13%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
22 d late
2023
18 d late
2022
28 d late
2021
17 d late
2020
on the day
2019
23 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€495k▲ 8.3%
2024 · €457k
2019: €351k
2020: €433k
2021: €457k
2022: €481k
2023: €504k
2024: €457k
2019 → 2025
Total assets
€562k▲ 9.6%
2024 · €513k
2019: €446k
2020: €561k
2021: €568k
2022: €543k
2023: €609k
2024: €513k
2019 → 2025
Net result
€73k▲ 29.9%
2024 · €56k
2019: €46k
2020: €84k
2021: €154k
2022: €49k
2023: €55k
2024: €56k
2019 → 2025
Working capital
€355k▼ 0.9%
2024 · €358k
2019: €165k
2020: €220k
2021: €256k
2022: €314k
2023: €372k
2024: €358k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€457k-€481k▲ 5.4%€504k▲ 4.7%€457k▼ 9.3%€495k▲ 8.3%
Operating result€219k-€69k▼ 68.3%€78k▲ 12.7%€83k▲ 5.7%€109k▲ 31.2%
Net result€154k-€49k▼ 68.3%€55k▲ 13.7%€56k▲ 1.1%€73k▲ 29.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €562k
Fixed assets
€140k▲ 41.2%
Current assets
€421k▲ 2.0%
Equity and liabilities €562k
Equity
€495k▲ 8.3%
Debt
€67k▲ 20.5%
The debt ratio rises from 10.8% to 11.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€145k▲
2024 · €117k
Cash flow
€109k▲
2024 · €90k
Solvency
88.1%▼
2024 · 89.2%
Current ratio
6.33▼
2024 · 7.48
Quick ratio
4.67▼
2024 · 5.43
Debt / equity
0.13▲
2024 · 0.12
ROE
14.7%▲
2024 · 12.3%
ROA
13.0%▲
2024 · 10.9%
Interest coverage
20.83▼
2024 · 26.30
Debt
€67k▲
2024 · €55k
Debt ≤ 1 year
€67k▲
2024 · €55k
Income taxes
€29k▲
2024 · €22k
Staff costs
€176k▼
2024 · €186k
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€513k€562k▲
Fixed assets21/28€99k€140k▲
Tangible fixed assets22/27€99k€140k▲
Land and buildings22€69k€57k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€23k€79k▲
Current assets29/58€413k€421k▲
Stocks and contracts in progress3€113k€110k▼
Stocks30/36€46k€45k▼
Contracts in progress37€67k€65k▼
Amounts receivable within one year40/41€171k€212k▲
Trade receivables40€147k€186k▲
Other amounts receivable41€24k€26k▲
Cash at bank and in hand54/58€127k€95k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€513k€562k▲
Equity10/15€457k€495k▲
Contributions10/11€26k€26k=
Reserves13€427k€469k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€408k€450k▲
Profit (loss) carried forward14€4k-
Amounts payable17/49€55k€67k▲
Amounts payable within one year42/48€55k€67k▲
Trade debts44€36k€17k▼
Suppliers440/4€36k€17k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€8k€3k▼
Other amounts payable47/48€8k€44k▲
Income statement
Code20242025
Remuneration, social security and pensions62€186k€176k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€36k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€306k€322k▲
Operating profit (loss)9901€83k€109k▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€78k€102k▲
Income taxes67/77€22k€29k▲
Profit (loss) for the period9904€56k€73k▲
Profit (loss) for the period to be appropriated9905€56k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€77k▲
Profit (loss) brought forward from the previous period14P€6k€4k▼
Transfer from equity791/2€101k€35k▼
Transfer to equity691/2€56k€77k▲
To other reserves6921€56k€77k▲
Profit to be distributed694/7€103k€35k▼
Return on contributions (dividend)694€103k€35k▼
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
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2023
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
31-03
Financial
Equity above €500kEq €504k ▲4.7%
5 profitable years in a row build equity to €504k.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
31-03
Financial
Highest result since 2019net €154k ▲83.7%
Operating result €219k, net result €154k, both a record.
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 23 days late
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Deinze · 1 establishment unit since 2008
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.
Kievietstraat 239800 DeinzeGround area
867 m²
Building footprint
124 m²
Volume, LiDAR
657 m³
Parcel 44054B0101/00N000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kievietstraat 23, 9800 Deinze
since 20082.170.865.245
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054B0101/00N000 | Flanders | 867 m² | 1 · 124 m² | 7.8 m · 2 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
ZINCQ
BE 0437.910.062
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Beekay Consult
BE 0683.640.063
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ELEKTRO VAN DE VELDE DAVID
BE 0881.023.977
Deinze · Eq €496k
R.F. PROJECTS
BE 0661.836.542
Fernelmont · Eq €494k
Vestel Electrics
BE 0707.803.753
Oostkamp · Eq €496k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 6,510 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-2008
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
68110Buying and selling of own real estate
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.