Financials
- Financial year
- 2025
- Total assets
- €324,484
- Profit
- €207
- Solvency
- 12.7%
Total assets▼ 27.5%
Net result
20222025
JVPANELS
ActiveSummary
The computed 12-month bankruptcy probability of JVPANELS is 1.5% (moderate). The 2025 annual accounts show equity of €41,114 and a net result of €207. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 14% of 9,806 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€324,484total assets 2025
- Equity
- €41,114
- Profit
- €207
Turnover not published (abbreviated format)
Structure
- Parent
- Houthandel Driekoningen · 60%
2025 accounts 1 day early1 deed in the Belgian Official Gazette
Why 62raises riskFounded in 2021Sector: Specialised construction activities (NACE 43)Equity €41,114 (12.7% of total assets)lowers riskSize: total assets €324,484Show the evidence
Checked score
Score 2025
62
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 31% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency
38+4
equity 12.7% of total assets
Liquidity
46+13
short-term debt 31.0% · cash 7.4%
Profitability
69-8
return on assets 0.1%
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.3%highest value
12-2024: 1.1%▼ -1.2 percentage points vs 11-2024
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.0%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 1.0%● unchanged vs 03-2025lowest value
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.3%▲ +0.2 percentage points vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.4%▲ +0.1 percentage points vs 09-2025
11-2025: 1.3%▼ -0.1 percentage points vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.2%▼ -0.1 percentage points vs 03-2026
05-2026: 1.3%▲ +0.1 percentage points vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.1 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.5%▲ +0.1 percentage points vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.4, compared with 1.17 in 2024, below the usual 1.5; short-term debt: 31% and cash: 7.4% of total assets), and 87.3% of the assets are financed with debt and provisions.
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 16% on solvency, 37% on liquidity, 35% on profitability and 37% 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).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9806 sector peers (2025).
NBB · sector comparisonPosition among 9806 sector peers
Solvency
better than 14%
← weakest
strongest →
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
22232425
2022 to 2025 · latest year €41,114
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 day early
2024
1 day early
2023
on the day
2022
23 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 5 days after 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 financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-03-2026 year end27-10-2026 today31-10-2026 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Back to profitnet €30,584
Key points
By topic
Board & ownership
- Parent
- Houthandel Driekoningen · 60%
Timeline
- Events
- 6
- Since
- 2022
- Next accounts
- by 31-10-2026
- 31-10-2023Annual accounts filed
- 31-03-2023Weakest financial year
- 23-11-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 29-03-2021
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Key facts about JVPANELS
- What is the company number of JVPANELS?
- 0765.799.954. In Belgium the VAT number is the company number with BE in front: BE 0765.799.954.
- Where is JVPANELS based?
- The registered office is at Industriepark Oost 39, 8730 Beernem.Company details
- What does JVPANELS do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of JVPANELS?
- Private limited company (BV).
- When was JVPANELS founded?
- On 29-03-2021.
- Is JVPANELS still active?
- Yes, JVPANELS is an active enterprise in the KBO register.
- What is the turnover of JVPANELS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is JVPANELS profitable?
- In financial year 2025, JVPANELS made a profit of €207.
- Where can I find the annual accounts of JVPANELS?
- JVPANELS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of JVPANELS due?
- By 31-10-2026, for financial year 2026.Timeline
Companies related to JVPANELS
Parent and group
Shareholders
- JV Interiors40%
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- GIANFOLCARONandrin
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- BRANCKAERTGeraardsbergen
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