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JVP Constructions

Active
Private limited companyfounded 2008active for 17 yearsOude Heirbaan 71, 9140 Temse, BelgiumKBO/BCE: BE 0808.002.971
Summary

JVP Constructions has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,832 and a net result of €2,690. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 78% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Plastering work
NACE 43310
1 site
Size
€6,639total assets 2025
Equity
€4,832
Profit
€2,690
Turnover not published (micro format)
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 78 days early1 of 5 deeds summarised
Why 99raises riskSize: total assets €6,639Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 4.15, cash €4,999Founded in 2008Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 88% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 98+43
equity 72.8% of total assets
Liquidity 91+26
short-term debt 24.1% · cash 75.3%
Profitability 100=
return on assets 40.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 79% on solvency, 88% on liquidity, 92% on profitability and 93% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.15, cash €4,999
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €6,639
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 14-05-2026, 78 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
78 days early
2024
34 days early
2023
32 days early
2022
37 days early
2021
36 days early
2020
33 days early
2019
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity more than doubledcurrent ratio 4.15
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€4,832▲ 126%
2024 · €2,142
Total assets
€6,639▼ 8.4%
2024 · €7,244
Net result
€2,690▲ 31.7%
2024 · €2,042
Working capital
€5,038▲ 99.2%
2024 · €2,529
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 55% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€3,620 2025 Net result€2,690 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€36,856--€2,352-€62,358▼ 2,551%-€9,776▲ 84.3%€35,457€40,135▲ 13.2%€2,342▼ 94.2%€3,620▲ 54.6%
Net result€19,922--€6,550-€67,449below the sector's middle half▼ 930%-€13,950below the sector's middle half▲ 79.3%€31,070above the sector's middle half€39,218above the sector's middle half▲ 26.2%€2,042within the sector's middle half▼ 94.8%€2,690within the sector's middle half▲ 31.7%
Equity€40,351-€33,801▼ 16.2%-€33,648below the sector's middle half-€47,598below the sector's middle half▼ 41.5%-€16,528below the sector's middle half▲ 65.3%€22,690within the sector's middle half€2,142below the sector's middle half▼ 90.6%€4,832below the sector's middle half▲ 126%
Total assets€529,126-€258,880▼ 51.1%€211,816within the sector's middle half▼ 18.2%€47,140below the sector's middle half▼ 77.7%€39,525below the sector's middle half▼ 16.2%€28,550below the sector's middle half▼ 27.8%€7,244below the sector's middle half▼ 74.6%€6,639below the sector's middle half▼ 8.4%
Debt€488,775-€225,079▼ 54.0%€245,464▲ 9.1%€94,738▼ 61.4%€56,053▼ 40.8%€5,860▼ 89.5%€5,102▼ 12.9%€1,807▼ 64.6%
Working capital€271,624-€176,088▼ 35.2%€128,819above the sector's middle half▼ 26.8%-€33,558below the sector's middle half-€16,892below the sector's middle half▲ 49.7%€22,690within the sector's middle half€2,529below the sector's middle half▼ 88.9%€5,038within the sector's middle half▲ 99.2%
Solvency7.6%-13.1%▲ 5.4pp-15.9%below the sector's middle half▼ 28.9pp-101.0%below the sector's middle half▼ 85.1pp-41.8%below the sector's middle half▲ 59.2pp79.5%above the sector's middle half▲ 121.3pp29.6%within the sector's middle half▼ 49.9pp72.8%above the sector's middle half▲ 43.2pp
Current ratio2.07-5.22▲ 3.153.12above the sector's middle half▼ 2.100.48below the sector's middle half▼ 2.640.63below the sector's middle half▲ 0.154.87above the sector's middle half▲ 4.241.54within the sector's middle half▼ 3.344.15above the sector's middle half▲ 2.61
Return on assets (ROA)3.8%--2.5%▼ 6.3pp-31.8%below the sector's middle half▼ 29.3pp-29.6%below the sector's middle half▲ 2.3pp78.6%above the sector's middle half▲ 108.2pp137.4%above the sector's middle half▲ 58.8pp28.2%above the sector's middle half▼ 109.2pp40.5%above the sector's middle half▲ 12.3pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €6,639
Equity €4,832 ▲ 126%
Debt €1,807 ▼ 64.6%
Debt's share of the balance-sheet total falls from 70.4% to 27.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.37▼
2024 · 2.38
ROE
55.7%▼
2024 · 95.3%
Debt ≤ 1 year
€1,601▼
2024 · €4,715
Income taxes
€885
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€7,244€6,639▼
Current assets29/58€7,244€6,639▼
Amounts receivable within one year40/41€4,354€165▼
Other amounts receivable41€4,354€165▼
Cash at bank and in hand54/58€2,890€4,999▲
Deferred charges and accrued income490/1-€1,475
Equity and liabilities
Total equity and liabilities10/49€7,244€6,639▼
Equity10/15€2,142€4,832▲
Contributions10/11€100€100=
Profit (loss) carried forward14€2,042€4,732▲
Amounts payable17/49€5,102€1,807▼
Amounts payable within one year42/48€4,715€1,601▼
Trade debts44€682-
Suppliers440/4€682-
Taxes, remuneration and social security45-€164
Taxes450/3-€164
Other amounts payable47/48€4,033€1,437▼
Accrued charges and deferred income492/3€387€206▼
Income statement Code20242025
Other operating charges640/8€1,248€1,283▲
Gross operating margin9900€3,590€4,903▲
Operating profit (loss)9901€2,342€3,620▲
Financial income75/76B-€13
Recurring financial income75-€13
Financial charges65/66B€300€58▼
Recurring financial charges65€300€58▼
Profit (loss) for the period before taxes9903€2,042€3,575▲
Income taxes67/77-€885
Profit (loss) for the period9904€2,042€2,690▲
Profit (loss) for the period to be appropriated9905€2,042€2,690▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,271€4,732▲
Profit (loss) brought forward from the previous period14P€2,229€2,042▼
Transfer from equity791/2€1,860-
Profit to be distributed694/7€4,089-
Return on contributions (dividend)694€4,089-

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,223€10,627€5,688€6,211€5,568€411---
Other operating charges640/8---€2,010€7,714€2,238€1,248€1,283▲ 2.8%
Gross operating margin9900€45,619€11,706-€43,664-€1,555€48,739€42,784€3,590€4,903▲ 36.6%
Operating profit (loss)9901€36,856-€2,352-€62,358-€9,776€35,457€40,135€2,342€3,620▲ 54.6%
Financial income75/76B---€217---€13-
Recurring financial income75€0€0€1€217---€13-
Financial charges65/66B---€4,023€2,195€1,287€300€58▼ 80.7%
Recurring financial charges65€8,848€3,779€4,814€4,023€2,195€1,287€300€58▼ 80.7%
Profit (loss) for the period before taxes9903€28,008-€6,131-€67,171-€13,582€33,262€38,848€2,042€3,575▲ 75.1%
Income taxes67/77€8,086€419€278€368€2,192-€370-€885-
Profit (loss) for the period9904€19,922-€6,550-€67,449-€13,950€31,070€39,218€2,042€2,690▲ 31.7%
Profit (loss) for the period to be appropriated9905€19,922-€6,550-€67,449-€13,950€31,070€39,218€2,042€2,690▲ 31.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€529,126€258,880€211,816€47,140€39,525€28,550€7,244€6,639▼ 8.4%
Formation expenses20€0€0€0------
Fixed assets21/28€3,439€41,058€22,292€16,080€10,502----
Intangible fixed assets21€10€0€0------
Tangible fixed assets22/27€3,419€40,848€22,282€16,070€10,502----
Furniture and vehicles24---€1,195€411----
Leasing and similar rights25---€14,875€10,091----
Financial fixed assets28€10€210€10€10-----
Current assets29/58€525,687€217,822€189,524€31,060€29,023€28,550€7,244€6,639▼ 8.4%
Stocks and contracts in progress3€179,204€126,892€158,470------
Amounts receivable within one year40/41€314,295€68,900€17,097€85€6,856€24,814€4,354€165▼ 96.2%
Trade receivables40----€6,856€24,076---
Other amounts receivable41---€85-€738€4,354€165▼ 96.2%
Current investments50/53€0€0€0------
Cash at bank and in hand54/58€31,687€20,764€9,028€29,254€21,621€3,348€2,890€4,999▲ 73.0%
Deferred charges and accrued income490/1---€1,721€546€388-€1,475-
Equity and liabilities
Total equity and liabilities10/49€529,126€258,880€211,816€47,140€39,525€28,550€7,244€6,639▼ 8.4%
Equity10/15€40,351€33,801-€33,648-€47,598-€16,528€22,690€2,142€4,832▲ 126%
Contributions10/11€18,600€18,600€0€18,600€18,600€18,600€100€100=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860---
Non-distributable reserves130/1---€1,860-----
Reserves not available under the articles1311---€1,860-----
Distributable reserves133----€1,860€1,860---
Profit (loss) carried forward14€19,891€13,341-€54,108-€68,058-€36,988€2,230€2,042€4,732▲ 132%
Amounts payable17/49€488,775€225,079€245,464€94,738€56,053€5,860€5,102€1,807▼ 64.6%
Amounts payable after more than one year17€232,814€181,128€184,759€29,370€10,138----
Financial debts170/4---€29,370€10,138----
Amounts payable within one year42/48€254,062€41,734€60,705€64,618€45,915€5,860€4,715€1,601▼ 66.0%
Current portion of amounts payable after more than one year42---€19,618€19,204----
Trade debts44€5,213€1,628€12,870€3,851€5,219€3,140€682--
Suppliers440/4---€3,851€5,219€3,140€682--
Taxes, remuneration and social security45---€30,851€2,722€1,632-€164-
Taxes450/3---€30,851€2,722€1,632-€164-
Other amounts payable47/48---€10,298€18,770€1,088€4,033€1,437▼ 64.4%
Accrued charges and deferred income492/3---€750--€387€206▼ 46.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€19,922-€6,550-€67,449-€13,950€31,070€39,218€2,042€2,690▲ 31.7%
+ Depreciation and write-downs630€4,223€10,627€5,688€6,211€5,568€411---
Operating cash flow (approximation)€24,145€4,077-€61,761-€7,739€36,638€39,629€2,042€2,690▲ 31.7%
Investment in fixed assets (approximation)--€48,246€13,078€1€10----
Change in cash--€10,923-€11,736€20,226-€7,633-€18,273-€458€2,109-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 14-05-2026 2026-00110935
31-12-2024 micro format 27-06-2025 2025-00187362
31-12-2023 micro format 29-06-2024 2024-00182671
31-12-2022 micro format 24-06-2023 2023-00154475
31-12-2021 micro format 25-06-2022 2022-20146009
31-12-2020 micro format 28-06-2021 2021-26500060
31-12-2019 micro format 27-06-2020 2020-23000038
31-12-2018 micro format 29-06-2019 2019-26800431
31-12-2017 micro format 08-08-2018 2018-44100586
31-12-2016 micro format 14-07-2017 2017-31200568

Show all 17 filings

Similar companies · same sector, comparable size

Of the 3,977 active companies whose main activity is plastering work (NACE 43310), figures are known for 1,754. 717 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 14-11-2024 ↗
  • Jesse Van Puyvelde all shares

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Group and network

Connections & network

No directors read yet: 1 of 5 Gazette acts processed.

History

JVP Constructions was incorporated on 26 November 2008.1 Total assets fell from €529,126 in 2018 to €6,639 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
14-05
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Liquidity more than doubledcurrent ratio 4.15
Current ratio from 1.54 to 4.15; short-term debt falls from €4,715 to €1,601.
27-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
14-11
Gazette deed Capital & shares
Shareholding6 facts ▸
  • General meeting, 24-10-2024
  • Other provision, “enige aandeelhouder, voorzitter” (deed in Dutch)
  • Shareholding, 24-10-2024
  • Other provision, “geldigheid vergadering” (deed in Dutch)
  • Other provision, “uitkering beschikbare inbreng buiten kapitaal”, 18500 (deed in Dutch)
  • Other provision, “slotbepalingen, leden van het bureau” (deed in Dutch)
29-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Highest result from 2018 to 2025net €39,218 ▲26.2%
Operating result €40,135, net result €39,218, both a record.
31-12
Financial Liquidity more than 7 timescurrent ratio 4.87
Current ratio from 0.63 to 4.87; short-term debt falls from €45,915 to €5,860.
24-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Back to profitnet €31,070
Net result €31,070 after 3 loss-making years.
25-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
28-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Weakest financial yearnet -€67,449
Net result drops to -€67,449, the lowest in the series; recovery starts the following year.
Show earlier events
27-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial Liquidity more than doubledcurrent ratio 5.22
Current ratio from 2.07 to 5.22; short-term debt falls from €254,062 to €41,734.
29-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
08-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 8 days late
2017
14-07
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded26-11-2008
Financial year end31-12
Activities, NACEBEL 2025
43310Plastering work
43230Insulation installation
43320Joinery installation
43422Screed work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0808002971
Also 9925:BE0808002971
Registered 04-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0808.002.971

Environmental permits

1 application in Flanders since 2019 · 1 granted
Bouwen of herbouwen
Granted on 26-08-2019submitted 10-07-2019authority: Temseproject 2019083769

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 2008
registered office establishment The establishment unit on the map
Ground area
1,347 m²
Building footprint
206 m²
Building volume
1,024 m³
Parcel 46026B0559/00N000, Flanders · tallest building 20.0 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Jesse Van Puyvelde
Oude Heirbaan 71, 9140 TemsePlastering work
since 2008unit no. 2.174.795.626
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46026B0559/00N000 Flanders 1,347 m² 1 · 206 m² 20.0 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Other provisionsOther rules from the articles that fall under none of the themes above.
1 more provision in the deed, see the deed of 14-11-2024

Read from the deeds: 1 provision, deed of 14-11-2024