Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
JVA rail from Opwijk, company number BE0711990391, closed financial year 2025 with a result of € 97,917 after tax. For that financial year JVA rail recorded a gross margin of € 280,529 and equity of € 229,891. Compared with financial year 2024, the result moved from € 89,956 to € 97,917. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 229,891
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,917
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 70,499
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 117,647 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 177,010
▼ 39% vs 2024
Of which on lease € 35,056.
Debts at end 2025
€ 302,251
▼ 35% vs 2024
€ 68,326 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,543
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,200
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 238,683 | € 175,470 | € 273,356 | € 280,529 | ▲ 3% |
| Profit after taxes | € 71,116 | € 86,491 | € 89,956 | € 97,917 | ▲ 9% |
| Equity | € 144,562 | € 230,253 | € 249,621 | € 229,891 | ▼ 8% |
| Total debts | € 616,572 | € 622,372 | € 528,935 | € 450,519 | ▼ 15% |
| Cash | € 76,421 | € 56,384 | € 51,313 | € 70,499 | ▲ 37% |
| Land & buildings | € 110,000 | € 110,000 | € 110,000 | € 110,000 | |
| Retained profit | € 125,962 | € 211,653 | € 231,021 | € 211,291 | ▼ 9% |
| Dividend | € 70,824 | € 800 | € 70,588 | € 117,647 | ▲ 67% |
| Bank debt | € 497,077 | € 554,014 | € 466,150 | € 302,251 | ▼ 35% |
| Balance sheet total | € 761,134 | € 852,625 | € 778,557 | € 680,410 | ▼ 13% |
Key figures of JVA rail, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to JVA rail?
What happened at JVA rail in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 97,917 (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Jarno Van Avermaet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 71,116 profit in 2022 to € 97,917 profit in 2025.
Paid € 96,060 in corporate taxes since 2022.
Best year ever: 2025, with € 97,917 profit.
Paid out € 259,859 in dividends to the owners in total.
Management
Behind JVA rail is Jarno Van Avermaet. It owns 50% of De Greef Invest BVBA itself.
Directors
According to the 2025 annual accounts
Jarno Van Avermaet
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Neerveldstraat 183
1745 Opwijk
Blokstraat(SGW) 108
9170 Sint-Gillis-Waas
Active since 23 October 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0711.990.391
- VAT number
- BE 0711.990.391
- Registered office
- Neerveldstraat 183, 1745 Opwijk
- Names & denominations
- JVA rail
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2018
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Bouw van boven- en ondergrondse spoorwegen
Bouw van bruggen en tunnels
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden