JVP GOOD WOOD
ActiveThe computed 12-month bankruptcy probability of JVP GOOD WOOD is 2.5% (moderate). The 2025 annual accounts show equity of €8k and a net result of €86. Its solvency ranks better than 45% of 27787 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-24
Solvency68▲+4
Growth52
Track record82
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.46 in 2024; short-term debt: 57.2% and cash: 61.6% of total assets), and 57.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 2 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 1.0%
2024 · €8k
2024: €8k
2024 → 2025
Total assets
€20k▼ 7.1%
2024 · €21k
2024: €21k
2024 → 2025
Net result
€86▼ 98.0%
2024 · €4k
2024: €4k
2024 → 2025
Working capital
€5k▼ 14.8%
2024 · €6k
2024: €6k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€8k-€8k▲ 1.0%
Operating result€5k-€361▼ 93.1%
Net result€4k-€86▼ 98.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20k
Fixed assets
€3k▲ 39.8%
Current assets
€16k▼ 13.2%
Equity and liabilities €20k
Equity
€8k▲ 1.0%
Debt
€11k▼ 12.4%
The debt ratio falls from 60.7% to 57.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1k▼
2024 · €8k
Cash flow
€911▼
2024 · €7k
Solvency
42.8%▲
2024 · 39.3%
Current ratio
1.45▼
2024 · 1.46
Quick ratio
1.40▼
2024 · 1.46
Debt / equity
1.34▼
2024 · 1.54
ROE
1.0%▼
2024 · 50.3%
ROA
0.4%▼
2024 · 19.8%
Interest coverage
12.08▼
2024 · 300.84
Debt
€11k▼
2024 · €13k
Debt ≤ 1 year
€11k▼
2024 · €13k
Income taxes
€199▼
2024 · €1k
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€21k€20k▼
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24-€2k
Current assets29/58€19k€16k▼
Stocks and contracts in progress3-€500
Stocks30/36-€500
Amounts receivable within one year40/41€6k€3k▼
Trade receivables40€6k€522▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€12k€12k▼
Deferred charges and accrued income490/1€829€910▲
Equity and liabilities
Total equity and liabilities10/49€21k€20k▼
Equity10/15€8k€8k▲
Contributions10/11€5k€5k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€2€88▲
Amounts payable17/49€13k€11k▼
Amounts payable within one year42/48€13k€11k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€9k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€825▼
Other operating charges640/8€216€329▲
Gross operating margin9900€8k€2k▼
Operating profit (loss)9901€5k€361▼
Financial income75/76B€0€22▲
Recurring financial income75€0€22▲
Financial charges65/66B€27€98▲
Recurring financial charges65€27€98▲
Profit (loss) for the period before taxes9903€5k€284▼
Income taxes67/77€1k€199▼
Profit (loss) for the period9904€4k€86▼
Profit (loss) for the period to be appropriated9905€4k€86▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€88▼
Profit (loss) brought forward from the previous period14P-€2
Transfer to equity691/2€3k-
To other reserves6921€3k-
Profit to be distributed694/7€859-
Return on contributions (dividend)694€859-
The notes to these accounts (5 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Laarne · 1 establishment unit since 2023
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.
Colmanstraat 719270 LaarneGround area
623 m²
Building footprint
113 m²
Volume, LiDAR
487 m³
Parcel 42009D1311/00S000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JVP GOOD WOOD
since 20232.354.795.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009D1311/00S000 | Flanders | 622 m² | 1 · 113 m² | 8.3 m · 1 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
VAN SUETENDAEL D.
BE 0680.532.402
Lommel · Eq €8k
BUITENGEWOONBINNENWERK
BE 0761.422.779
Peer · Eq €8k
GOOS TIM
BE 1012.832.131
Vosselaar · Eq €8k
SCHUDDINCK CREATIONS
BE 0460.251.439
Aalst · Eq €8k
ATELIER GAVEL
BE 0740.629.246
Gent · Eq €8k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 4,235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2023
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
41001General construction of residential buildings
41003General construction of other non-residential buildings
43332Laying of wooden floor and wall coverings
43350Other building finishing work
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.