JVS

Active

Public limited companyfounded 198640 yrs activeRodenonnenstraat 11, 8000 Brugge, BelgiumKBO/BCE: BE 0428.764.546

Summary

JVS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239,245 and a net result of €32,250. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 16759 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch Report Compare

JVSActiveChecked score 85/100

Risk analysis Report Compare

Activity

Buying and selling of own real estate

NACE 68110Real estate development NACE 41101Development of residential building projects NACE 68121

1 site

Size

€648,145total assets 2025

Equity: €239,245
Profit: €32,250

Turnover not published (abridged schema)

Financial health

85 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.4%

Structure

Accounts 50 d early0 of 6 deeds read

Why 85- Liquidity: current ratio 3.10, cash €398- 1 of the last 3 late+ Founded in 1986+ Legal form Public limited companyShow the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Better than 59% of its sector peers (NACE 68, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 62-38

equity 36.9% of total assets

Liquidity 46+46

short-term debt 16.8% · cash 0.1%

Profitability 75+25

return on assets 5.0%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,530 companies)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● 0.0% vs 11-2024 01-2025: 0.6%▲ +1.0% vs 12-2024highest value 02-2025: 0.6%● 0.0% vs 01-2025highest value 03-2025: 0.6%● 0.0% vs 02-2025highest value 04-2025: 0.6%▼ -0.6% vs 03-2025 05-2025: 0.6%▼ -0.5% vs 04-2025 06-2025: 0.3%▼ -56.1% vs 05-2025lowest value 07-2025: 0.3%● 0.0% vs 06-2025lowest value 08-2025: 0.3%● 0.0% vs 07-2025lowest value 09-2025: 0.3%▲ +3.3% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%▲ +1.1% vs 12-2025 02-2026: 0.3%● 0.0% vs 01-2026 03-2026: 0.3%● 0.0% vs 02-2026 04-2026: 0.3%▼ -0.7% vs 03-2026 05-2026: 0.3%▲ +3.9% vs 04-2026 06-2026: 0.3%▲ +12.4% vs 05-2026 07-2026: 0.4%▲ +15.3% vs 06-2026 08-2026: 0.4%● 0.0% vs 07-2026 09-2026: 0.4%● 0.0% vs 08-2026 10-2026: 0.4%● 0.0% vs 09-2026

Liquidity: current ratio 3.10, cash €398 raises the probability
1 of the last 3 late raises the probability
Founded in 1986 lowers the probability for this profile
Legal form Public limited company lowers the probability

Credit up to €20,000 at 30 days acceptable

Liquidity ample (current ratio 3.1; short-term debt: 16.8% and cash: 0.1% of total assets), but 63.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 54%, liquidity 41%, profitability 69%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 3.10, cash €398

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Founded in 1986

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Legal form Public limited company

In the bankruptcy model this factor lowers the probability.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

50 d early

2024

65 d early

2023

54 d late

2022

30 d late

2021

60 d late

2020

3 d late

2019

27 d late

← 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 8 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 30 August (4 of the last 5 filed years within 80 days of that day).

Companies Code · seven months

Position in the running window

06-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage