ACTIVE

J.V.SYSTEMS

Financial year 2025 · closed on 31/12/2025
Net result
215,5 k €
+120.0% YoY
Gross margin
1 M €
+28.5% YoY
Equity
554,2 k €
+63.6% YoY
Workforce
7,3 ETP
-2.7% YoY

What does J.V.SYSTEMS do?

J.V.SYSTEMS is a Private limited company incorporated in 2008. Its main activity is: Electrical installation. Its registered office is in Halle. It employs on average 7,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0898.963.930
Incorporation
02/07/2008
Legal form
Private limited company
Registered office
Disbeekweg 13
1501 Halle · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
7,3 ETP
Joint committees (4)
  • 149
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin1 M €785,2 k €662 k €522,1 k €463,5 k €532,4 k €395,5 k €294,7 k €453,5 k €440,1 k €312 k €566,9 k €490,5 k €322,8 k €238,4 k €153,5 k €75 k €
EBITDA428,2 k €258,6 k €154,2 k €119,7 k €118 k €145,2 k €98 k €111,8 k €193,5 k €157,6 k €112,5 k €121,7 k €90,1 k €52,4 k €82,7 k €44,6 k €21,4 k €
Operating result336 k €152,2 k €57,9 k €46,2 k €31,2 k €63,3 k €16 k €11,6 k €140,5 k €99,9 k €52,4 k €59,4 k €42,6 k €7,5 k €44,1 k €19,9 k €7,8 k €
Net result215,5 k €97,9 k €30,4 k €20,9 k €12 k €36 k €645,7 €3 k €84 k €49 k €28,2 k €41,2 k €16,7 k €1,3 k €18,8 k €7,8 k €3,4 k €
Balance sheet
Equity554,2 k €338,7 k €243,8 k €213,3 k €241,5 k €229,5 k €193,4 k €192,8 k €189,8 k €155,8 k €106,8 k €78,6 k €37,3 k €20,7 k €34,4 k €23,6 k €15,8 k €
Total assets1,2 M €961,3 k €941,8 k €959,3 k €987,2 k €912,3 k €945,5 k €915,2 k €506 k €475 k €392,1 k €445,6 k €331,4 k €308,1 k €166,6 k €108 k €83,7 k €
Cash484,8 k €284,5 k €157,5 k €132,6 k €186,8 k €66,3 k €26,4 k €176,7 k €218,3 k €100,7 k €18,1 k €94,7 k €29,1 k €52,5 k €52,5 k €20,5 k €2,9 k €
Debts575,1 k €596,5 k €672,5 k €734,9 k €734,2 k €677,3 k €752,1 k €722,4 k €316,2 k €282,3 k €285,3 k €367,1 k €294,1 k €287,4 k €132,1 k €84,4 k €67,9 k €
Other
Workforce7,3 ETP7,5 ETP6,8 ETP7,1 ETP6,6 ETP7,7 ETP5,0 ETP3,0 ETP6,2 ETP6,0 ETP11,8 ETP10,5 ETP8,0 ETP4,5 ETP3,2 ETP1,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Jonathan Vanneste

Director · since 01 juillet 2008

Active

Ended mandates

JONATHAN VANNESTE

Manager · since 01 juillet 2008

Ended
JONATHAN VANNESTE

Director

Ended
JONATHAN VANNESTE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202628/07/202527/06/202430/05/202322/06/202209/06/2021
General meeting30/06/202630/06/202516/05/202419/05/202319/05/202220/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202610/07/2026DutchPDF
Abridged model31/12/202430/06/202528/07/2025DutchPDF
Abridged model31/12/202316/05/202427/06/2024DutchPDF
Abridged model31/12/202219/05/202330/05/2023DutchPDF
Abridged model31/12/202119/05/202222/06/2022DutchPDF
Abridged model31/12/202020/05/202109/06/2021DutchPDF
Abridged model31/12/201921/05/202001/07/2020DutchPDF
Abridged model31/12/201816/05/201919/07/2019DutchPDF
Abridged model31/12/201717/05/201829/08/2018DutchPDF
Abridged model31/12/201618/05/201728/08/2017DutchPDF
Abridged model31/12/201519/05/201619/08/2016DutchPDF
Abridged model31/12/201421/05/201521/08/2015DutchPDF
Abridged model31/12/201315/05/201415/07/2014DutchPDF
Abridged model31/12/201216/05/201322/07/2013DutchPDF
Abridged model31/12/201118/05/201230/07/2012DutchPDF
Abridged model31/12/201019/05/201112/07/2011DutchPDF
Abridged model31/12/200920/05/201022/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Jonathan Vanneste

Director · since 01 juillet 2008

Active

Ended mandates

JONATHAN VANNESTE

Manager · since 01 juillet 2008

Ended
JONATHAN VANNESTE

Director

Ended
JONATHAN VANNESTE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/01/2024
    WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office31/03/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office20/04/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/07/2008
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025215,5 k €
  2. 2024
    Annual accounts 202497,9 k €
  3. 2023
    Annual accounts 202330,4 k €
  4. 2022
    Annual accounts 202220,9 k €
  5. 2022
    Name changeJ.V. Systems
  6. 2021
    Annual accounts 202112 k €
  7. 2021
    Name changeJV SYSTEMS
  8. 2020
    Annual accounts 202036 k €
  9. 2019
    Annual accounts 2019645,7 €
  10. 2018
    Annual accounts 20183 k €
  11. 2017
    Annual accounts 201784 k €
  12. 2016
    Annual accounts 201649 k €
  13. 2015
    Annual accounts 201528,2 k €
  14. 2014
    Annual accounts 201441,2 k €
  15. 2013
    Annual accounts 201316,7 k €
  16. 2012
    Annual accounts 20121,3 k €
  17. 2011
    Annual accounts 201118,8 k €
  18. 2010
    Annual accounts 20107,8 k €
  19. 2009
    Annual accounts 20093,4 k €
  20. 02/07/2008
    IncorporationPrivate limited company