<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001715696</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Class A Common Shares, Euro 0.01 par value per share</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>06/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001791942</issuerCik>
<issuerName>JBS N.V.</issuerName>
<issuerCusip>N4732M103</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>Stroombaan 16, 5th Floor</com:street1>
<com:city>Amstelveen</com:city>
<com:stateOrCountry>P7</com:stateOrCountry>
<com:zipCode>1181 VX</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>BNDES Participacoes S.A.</reportingPersonName>
<citizenshipOrOrganization>D5</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>201676700</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>201676700</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>201676700</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>24.77</classPercent>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<comments>Percentage of the class beneficially owned is calculated based on 814,216,001 Class A Common Shares of the Issuer outstanding as of July 2, 2025.</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Banco Nacional de Desenvolvimento Economico e Social</reportingPersonName>
<citizenshipOrOrganization>D5</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>201676700</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>201676700</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>201676700</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>24.77</classPercent>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<comments>These shares are directly beneficially owned by BNDESPAR, which is a wholly-owned subsidiary of BNDES. BNDESPAR's Board of Executive Officers is responsible for making decisions related to voting or disposing of the reported shares. The Board of Executive Officers of BNDESPAR is comprised of 10 members, all of which are also officers of BNDES. Decisions of the Board of Executive Officers of BNDESPAR are taken at meetings by a majority of the members present. The officers of BNDES are appointed by the Board of Directors of BNDES.&#13;
&#13;
Percentage of the class beneficially owned is calculated based on 814,216,001 Class A Common Shares of the Issuer outstanding as of July 2, 2025.</comments>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>JBS N.V.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>Stroombaan 16, 5th Floor, Amstelveen, Netherlands, 1181 VX</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>(i) BNDES Participacoes S.A. - BNDESPAR&#13;
(ii) Banco Nacional de Desenvolvimento Economico e Social - BNDES (collectively, the "Reporting Persons")</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>Av. Republica do Chile, 100 - Centro, Rio de Janeiro, R.J., Brazil</principalBusinessOfficeOrResidenceAddress>
<citizenship>Federative Republic of Brazil</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>201,676,700 &#13;
&#13;
These shares are directly beneficially owned by BNDESPAR, which is a wholly-owned subsidiary of BNDES. BNDESPAR's Board of Executive Officers is responsible for making decisions related to voting or disposing of the reported shares. The Board of Executive Officers of BNDESPAR is comprised of 10 members, all of which are also officers of BNDES. Decisions of the Board of Executive Officers of BNDESPAR are taken at meetings by a majority of the members present. The officers of BNDES are appointed by the Board of Directors of BNDES.</amountBeneficiallyOwned>
<classPercent>24.77%&#13;
&#13;
Percentage of class beneficially owned by the Reporting Persons is calculated based on 814,216,001 Class A Common Shares of the Issuer outstanding as of July 2, 2025.&#13;
&#13;
The shares beneficially owned by the Reporting Persons represent 5.36% of the total outstanding voting power in the Issuer. The percentage of voting power is calculated by dividing the voting power beneficially owned by the Reporting Persons by the voting power held by all holders of the Issuer's outstanding Class A Common Shares (814,216,001), who are entitled to one vote per share, combined with the voting power held by all holders of the Issuer's outstanding Class B Common Shares (294,842,184), who are entitled to ten votes per share.</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>0</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>201,676,700</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>201,676,700</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>Y</notApplicableFlag>
</item10>
</items>
<signatureInformation>
<reportingPersonName>BNDES Participacoes S.A.</reportingPersonName>
<signatureDetails>
<signature>/s/ MARCELO MARCOLINO</signature>
<title>Marcelo Marcolino, Attorney-in-fact</title>
<date>08/14/2025</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ MARCIO BERNARDO SPATA</signature>
<title>Marcio Bernardo Spata, Attorney-in-fact</title>
<date>08/14/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Banco Nacional de Desenvolvimento Economico e Social</reportingPersonName>
<signatureDetails>
<signature>/s/ MARCELO MARCOLINO</signature>
<title>Marcelo Marcolino, Attorney-in-fact</title>
<date>08/14/2025</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ MARCIO BERNARDO SPATA</signature>
<title>Marcio Bernardo Spata, Attorney-in-fact</title>
<date>08/14/2025</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>
