J.V.V.C.
ActiveSummary
J.V.V.C. has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.59M and a net result of €-28k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 68% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▼-2
Solvency81▼-1
Growth34=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.0 in 2023; short-term debt: 43.1% and cash: 0.6% of total assets), and 44.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
55.7%
Return on assets
-1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
27 d late
2022
31 d late
2021
10 d late
2020
18 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€6k=
2021 · €6k
2018: €6k
2019: €6k
2020: €6k
2021: €6k
2018 → 2022
EBIT margin
-573.7%▼ 468.8pp
2021 · -105.0%
2018: 575.5%
2019: -727.5%
2020: -261.9%
2021: -105.0%
2018 → 2022
Net result
€-28k▼ 16.1%
2023 · €-24k
2018: €28k
2019: €-72k
2020: €-31k
2021: €-15k
2022: €-41k
2023: €-24k
2018 → 2024
Working capital
€-1.22M▼ 6.5%
2023 · €-1.14M
2018: €-668k
2019: €-748k
2020: €-758k
2021: €-932k
2022: €-1.09M
2023: €-1.14M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€6k-€6k=€6k=
Equity€1.70M-€1.68M▼ 0.9%€1.64M▼ 2.4%€1.62M▼ 1.5%€1.59M▼ 1.7%
Operating result€-16k-€-6k▲ 59.9%€-34k▼ 447%€-19k▲ 45.0%€-24k▼ 29.3%
Net result€-31k-€-15k▲ 53.1%€-41k▼ 183%€-24k▲ 41.2%€-28k▼ 16.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2024 against €19k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.86M
Fixed assets
€2.84M ▼ 0.3%
Current assets
€16k ▲ 3,444%
Equity and liabilities €2.86M
Equity
€1.59M ▼ 1.7%
Debt
€1.27M ▲ 2.8%
Debt's share of the balance-sheet total rises from 43.2% to 44.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▼
2023 · €15k
Cash flow
€6k▼
2023 · €10k
Current ratio
0.01▲
2023 · 0.00
Debt to equity
0.80▲
2023 · 0.76
ROE
-1.8%▼
2023 · -1.5%
ROA
-1.0%▼
2023 · -0.8%
Interest coverage
2.56▼
2023 · 2.83
Debt ≤ 1 year
€1.23M▲
2023 · €1.14M
Debt > 1 year
€35k▼
2023 · €90k
Income taxes
€30
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.85M€2.86M▲
Fixed assets21/28€2.85M€2.84M▼
Tangible fixed assets22/27€2.85M€2.84M▼
Land and buildings22€2.19M€2.19M=
Plant, machinery and equipment23€184k€168k▼
Furniture and vehicles24€47k€47k▼
Other tangible fixed assets26€432k€439k▲
Current assets29/58€448€16k▲
Cash at bank and in hand54/58€448€16k▲
Equity and liabilities
Total equity and liabilities10/49€2.85M€2.86M▲
Equity10/15€1.62M€1.59M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€1.98M€1.98M=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€-430k€-458k▼
Amounts payable17/49€1.23M€1.27M▲
Amounts payable after more than one year17€90k€35k▼
Financial debts170/4€90k€35k▼
Amounts payable within one year42/48€1.14M€1.23M▲
Current portion of amounts payable after more than one year42€59k€57k▼
Financial debts43€728-
Credit institutions430/8€728-
Trade debts44€2k€17k▲
Suppliers440/4€2k€17k▲
Taxes, remuneration and social security45€371€371=
Taxes450/3€371€371=
Other amounts payable47/48€1.08M€1.16M▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▲
Other operating charges640/8€5k€13k▲
Gross operating margin9900€20k€22k▲
Operating profit (loss)9901€-19k€-24k▼
Financial income75/76B-€100
Recurring financial income75-€100
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-24k€-28k▼
Income taxes67/77-€30
Profit (loss) for the period9904€-24k€-28k▼
Profit (loss) for the period to be appropriated9905€-24k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-430k€-458k▼
Profit (loss) brought forward from the previous period14P€-406k€-430k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-72k ▼353%
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Charleroi · 1 establishment unit since 1987
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.
Rue Paul Pastur 87-896042 CharleroiGround area
152 m²
Building footprint
59 m²
Volume, LiDAR
537 m³
Parcel 52040B0090/00T002, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Paul Pastur 87 8, 6042 Charleroi
since 19872.032.063.688
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52040B0090/00T002indicative | Wallonia | 152 m² | 1 · 59 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
FINKI
BE 0449.777.122
Watermaal-Bosvoorde · Eq €1,590,760
PRECAST BUILDING DESIGN
BE 0423.419.252
Beersel · Eq €1,590,826
HINNY
BE 0899.824.458
Knokke-Heist · Eq €1,590,666
ALL-INVEST
BE 0454.605.445
Tessenderlo-Ham · Eq €1,590,444
BROUCKHOF
BE 0818.716.721
Zonnebeke · Eq €1,589,832
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,524 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-1987
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
77225Rental and leasing activities
77229Renting and leasing of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.