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Services JVG

Active
Private limited companyfounded 20223 yrs activeHoogland 83, 2275 Lille, BelgiumKBO/BCE: BE 0795.123.252
Summary

The computed 12-month bankruptcy probability of Services JVG is 3.4% (moderate). The 2025 annual accounts show equity of €14,111 and a net result of -€5,870. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 199 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-69
Solvency89▼-2
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 2.54 in 2024; short-term debt: 36.4% and cash: 55.4% of total assets), and 36.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
63.6%
Return on assets
-26.5%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
15 d early
2024
24 d early
2023
19 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 13 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 20 December 2022, Services JVG was incorporated as a Private limited company.1 Total assets went from EUR 25,589 in 2023 to EUR 22,176 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€14,111▼ 29.4%
2024 · €19,981
Total assets
€22,176▼ 26.7%
2024 · €30,274
Net result
-€5,870
2024 · €7
Working capital
€7,995▼ 49.7%
2024 · €15,892
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€23,906-€1,769▼ 92.6%-€5,341
Net result€17,474within the sector's middle half-€7within the sector's middle half▼ 100.0%-€5,870within the sector's middle half
Equity€19,974within the sector's middle half-€19,981within the sector's middle half=€14,111below the sector's middle half▼ 29.4%
Total assets€25,589below the sector's middle half-€30,274below the sector's middle half▲ 18.3%€22,176below the sector's middle half▼ 26.7%
Debt€5,615-€10,293▲ 83.3%€8,065▼ 21.6%
Working capital€11,797within the sector's middle half-€15,892within the sector's middle half▲ 34.7%€7,995below the sector's middle half▼ 49.7%
Solvency78.1%above the sector's middle half-66.0%within the sector's middle half▼ 12.1pp63.6%within the sector's middle half▼ 2.4pp
Current ratio3.10within the sector's middle half-2.54within the sector's middle half▼ 0.561.99within the sector's middle half▼ 0.55
Return on assets (ROA)68.3%above the sector's middle half-0.0%within the sector's middle half▼ 68.3pp-26.5%below the sector's middle half▼ 26.5pp
above within below the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2023: €23,906€23,906Net result 2023: €17,474€17,474Operating result 2024: €1,769€1,769Net result 2024: €7€7Operating result 2025: -€5,341-€5,341Net result 2025: -€5,870-€5,870202320242025-€10,000€0€10,000€20,000Operating result 2023: €23,906€23,900Net result 2023: €17,474€17,500Operating result 2024: €1,769€1,770Net result 2024: €7€7Operating result 2025: -€5,341-€5,340Net result 2025: -€5,870-€5,870202320242025
The operating result turns negative in 2025: a loss of €5,341 after €1,769 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22,176
Fixed assets €6,116 ▲ 49.6%
Current assets €16,060 ▼ 38.7%
Equity and liabilities €22,176
Equity €14,111 ▼ 29.4%
Debt €8,065 ▼ 21.6%
Debt's share of the balance-sheet total rises from 34.0% to 36.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€873▼
2024 · €5,857
Cash flow
-€1,402▼
2024 · €4,095
Debt to equity
0.57▲
2024 · 0.52
ROE
-41.6%▼
2024 · 0.0%
Interest coverage
-2.21▼
2024 · 14.79
Debt ≤ 1 year
€8,065▼
2024 · €10,293
Income taxes
€239▼
2024 · €1,422
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.4% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 3,225 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 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€30,274€22,176▼
Fixed assets21/28€4,089€6,116▲
Tangible fixed assets22/27€4,089€6,116▲
Furniture and vehicles24€4,089€6,116▲
Current assets29/58€26,185€16,060▼
Amounts receivable within one year40/41€7,828€3,766▼
Trade receivables40€7,828€3,766▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€18,357€12,294▼
Equity and liabilities
Total equity and liabilities10/49€30,274€22,176▼
Equity10/15€19,981€14,111▼
Contributions10/11€2,500€2,500=
Reserves13€17,481€11,611▼
Distributable reserves133€17,481€11,611▼
Amounts payable17/49€10,293€8,065▼
Amounts payable within one year42/48€10,293€8,065▼
Trade debts44€479€92▼
Suppliers440/4€479€92▼
Taxes, remuneration and social security45€3,186€1,703▼
Taxes450/3€3,186€1,703▼
Other amounts payable47/48€6,628€6,270▼
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,089€4,467▲
Other operating charges640/8€1,115€1,019▼
Gross operating margin9900€6,972€146▼
Operating profit (loss)9901€1,769-€5,341▼
Financial income75/76B€56€106▲
Recurring financial income75€56€106▲
Financial charges65/66B€396€396=
Recurring financial charges65€396€396=
Profit (loss) for the period before taxes9903€1,429-€5,631▼
Income taxes67/77€1,422€239▼
Profit (loss) for the period9904€7-€5,870▼
Profit (loss) for the period to be appropriated9905€7-€5,870▼
Appropriation of the result
Profit (loss) to be appropriated9906€7-€5,870▼
Transfer from equity791/2-€5,870
Transfer to equity691/2€7€0▼
To other reserves6921€7€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,089€4,089€4,467▲ 9.3%
Other operating charges640/8€3,101€1,115€1,019▼ 8.6%
Gross operating margin9900€31,095€6,972€146▼ 97.9%
Operating profit (loss)9901€23,906€1,769-€5,341▼ 402%
Financial income75/76B-€56€106▲ 88.2%
Recurring financial income75-€56€106▲ 88.2%
Financial charges65/66B€425€396€396=
Recurring financial charges65€425€396€396=
Profit (loss) for the period before taxes9903€23,481€1,429-€5,631▼ 494%
Income taxes67/77€6,007€1,422€239▼ 83.2%
Profit (loss) for the period9904€17,474€7-€5,870▼ 85,790%
Profit (loss) for the period to be appropriated9905€17,474€7-€5,870▼ 85,790%
Line202320242025Change
Assets
Total assets20/58€25,589€30,274€22,176▼ 26.7%
Fixed assets21/28€8,177€4,089€6,116▲ 49.6%
Tangible fixed assets22/27€8,177€4,089€6,116▲ 49.6%
Furniture and vehicles24€8,177€4,089€6,116▲ 49.6%
Current assets29/58€17,412€26,185€16,060▼ 38.7%
Amounts receivable within one year40/41€3,958€7,828€3,766▼ 51.9%
Trade receivables40€3,727€7,828€3,766▼ 51.9%
Other amounts receivable41€231€0--
Cash at bank and in hand54/58€13,454€18,357€12,294▼ 33.0%
Equity and liabilities
Total equity and liabilities10/49€25,589€30,274€22,176▼ 26.7%
Equity10/15€19,974€19,981€14,111▼ 29.4%
Contributions10/11€2,500€2,500€2,500=
Reserves13€17,474€17,481€11,611▼ 33.6%
Distributable reserves133€17,474€17,481€11,611▼ 33.6%
Amounts payable17/49€5,615€10,293€8,065▼ 21.6%
Amounts payable within one year42/48€5,615€10,293€8,065▼ 21.6%
Trade debts44€454€479€92▼ 80.8%
Suppliers440/4€454€479€92▼ 80.8%
Taxes, remuneration and social security45€2,066€3,186€1,703▼ 46.5%
Taxes450/3€2,066€3,186€1,703▼ 46.5%
Other amounts payable47/48€3,095€6,628€6,270▼ 5.4%
Line202320242025Change
Profit (loss) for the period9904€17,474€7-€5,870▼ 85,790%
+ Depreciation and write-downs630€4,089€4,089€4,467▲ 9.3%
Operating cash flow (approximation)€21,563€4,095-€1,402▼ 134%
Investment in fixed assets (approximation)-€0-€6,495-
Change in cash-€4,904-€6,063▼ 224%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€5,870
Net result drops to -€5,870, the lowest in the series.
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Lille · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,001 m²
Building footprint
123 m²
Parcel 13019F0343/00M002, Flanders. Linked by address, not a title deed.
1 establishment unit
Services JVG
Hoogland 83, 2275 LilleManufacture of electrical equipment
since 20222.339.853.004
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13019F0343/00M002 Flanders 1,001 m² 1 · 123 m² -
Linked by address, not proof of ownership
Good to know
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

Of 257 companies in sector 27402 we hold annual accounts for 157. 69 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
33140Repair and maintenance of electrical equipment
43240Other construction installation
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795123252
Also 9925:BE0795123252
Registered 01-12-2025

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

Register as of 29 September 2026 · Peppol Directory

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