Active BE 0684.987.175Private limited company

A&JOHAN

Klei 157 ·1745 Opwijk, Belgium· 8 yrs active

Sector: Non-specialised retail sale with food, beverages or tobacco predominating (47110)

Conclusion Checked

A&JOHAN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €5k. Equity is growing by ~65.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 17540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€32k
Net result	€5k
Better than sector	48%
Active	8 yrs

Financial profile 5 of 5 axes measured · computed by Checked

77 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 70

Profitability 73

Solvency 62

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.1% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2017, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

70 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€3k

estimate, not credit advice

Score history

10 2022

63 2023

78 2024

70 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.48 (≥ 1.0) +5

Quick ratio Quick ratio 1.11 (≥ 1.0) +5

Profitability ROE 15% (≥ 10%) +10

Profit trend Net profit down YoY -3

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 17-05-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~65.1%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	32.6%	34.6%	better than 48% of 17540 sector peers
Net result	€5k	€5k	better than 49% of 17521 sector peers
Equity	€32k	€44k	better than 44% of 17568 sector peers
Gross operating margin	€9k	€34k	better than 29% of 17485 sector peers
Total assets	€99k	€153k	better than 37% of 17545 sector peers

EBITDA

€-15k

- 22-25

Net profit

€5k

-75.8% 22-25

Cash flow

€-15k

- 22-25

Total assets

€99k

+4.0% 22-25

Equity

€32k

+17.1% 22-25

Working capital

€32k

+17.1% 22-25

Income taxes

€1k

+25.4% 22-25

Debt

€67k

-1.3% 22-25

Debt ≤ 1y

€67k

-1.3% 22-25

Current ratio

1.48

+5.4% 22-25

Quick ratio

1.11

+8.8% 22-25

Solvency

32.6%

+12.6% 22-25

Debt / equity

2.07

-15.8% 22-25

ROE

14.6%

-79.3% 22-25

ROA

4.8%

-76.7% 22-25

Interest coverage

-14.01

- 22-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022
Deposit	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-
EBITDA	-	-	-	€-15k
Net profit	€5k	€19k	€9k	€-15k
Cash flow	-	-	-	€-15k
Staff costs	-	-	-	-
Income taxes	€1k	€1k	-	-
Dividends	-	-	-	-
Total assets	€99k	€95k	€54k	€20k
Equity	€32k	€28k	€8k	€-1k
Debt	€67k	€68k	€46k	€21k
of which ≤ 1y	€67k	€68k	€43k	€21k
of which > 1y	-	-	-	-
Working capital	€32k	€28k	€11k	€-1k
Employees (FTE)	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022
Current ratio	1.48	1.41	1.25	0.95
Quick ratio	1.11	1.02	0.92	0.60
Working capital ratio	32.6%	28.9%	20.2%	-5.2%
Solvency	32.6%	28.9%	14.9%	-5.2%
Debt / equity	2.07	2.46	5.69	-20.14
Long-term debt ratio	-	-	-	-
Interest coverage	-	-	-	-14.01
Gross margin	-	-	-	-
Net margin	-	-	-	-
ROA	4.8%	20.4%	16.9%	-76.6%
ROE	14.6%	70.7%	112.9%	1466.1%
EBITDA margin	-	-	-	-
Days sales outstanding	-	-	-	-
Days payable outstanding	-	-	-	-
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2025

Equity & liabilities

Equity €32k · 32.6% Debt €67k · 67.4%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€99k	€95k	€54k	€20k
Current assets	29/58	€99k	€95k	€54k	€20k
Stocks & contracts in progress	3	€25k	€26k	€14k	€7k
Amounts receivable within one year	40/41	€8k	€7k	€34k	€6k
Investments	50/53	€3k	-	-	-
Cash & bank	54/58	€13k	€11k	€5k	€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€99k	€95k	€54k	€20k
Equity	10/15	€32k	€28k	€8k	€-1k
Contributions / capital	10/11	€6k	€6k	€6k	€6k
Reserves	13	€2k	€2k	€2k	€2k
Accumulated profits (losses)	14	€24k	€20k	€27	€-9k
Amounts payable	17/49	€67k	€68k	€46k	€21k
Amounts payable within one year	42/48	€67k	€68k	€43k	€21k
Trade debts payable within one year	44	€39k	€49k	€24k	€10k
Income statement
Gross operating margin	9900	€9k	€23k	€9k	€-13k
Operating result	9901	€6k	€21k	€9k	€-15k
Financial income	75	€0	€29	-	€1k
Financial charges	65	€240	€162	-	€1k
Result before taxes	9903	€6k	€21k	€9k	€-15k
Income taxes	67/77	€1k	€1k	-	-
Net result for the period	9904	€5k	€19k	€9k	€-15k
Result to be appropriated	9905	€5k	€19k	€9k	€-15k

Directors & mandates 3 directors

Current directors & mandates

Gurjeet Singh
Director
State Gazette act 22148349 (15-12-2022)

Current
07-12-2022 → present
2 events
- 11-10-2024 Resigned· Director
- 07-12-2022 Appointed· Director

Former directors (2)

SINGH, Baldev
Director
State Gazette act 24435830 (11-10-2024)

Former
- → 11-10-2024
Shamsher Singh
Director
State Gazette act 22148349 (15-12-2022)

Former
- → 07-12-2022

Legal Structure

NACE primary	Non-specialised retail sale with food, beverages or tobacco predominating(47110)
Legal form	Private limited company(610)
Incorporation	24-11-2017
Status	Active
Postal code	1745

Establishment units 2 locations

Klei 157, 1745 Opwijk

Retail trade

since 20172.270.517.404

Moorsel-Dorp 20, 9310 Aalst

Retail trade

since 20232.349.552.311

Real-estate footprint Source: CBE × cadastre

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41042C0365/00H000	Flanders	369 m²	1 · 187 m²	9.9 m · 3 fl.
23060C0153/04_000	Flanders	143 m²	1 · 115 m²	6.6 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 9 events

All 11Financial 2Gazette 2Filings 7

Next filing, fiscal year 2026, expected by 30-04-2027

2026

17-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 17 days late

2025

28-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

11-10

State Gazette act Director changes

Renate De Koker

30-09

Financial Highest result since 2022net €19k ▲113%

Operating result €21k, net result €19k, both a record.

19-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 19 days late

2023

30-09

Financial Back to profitnet €9k

Net result €9k after one loss-making year.

02-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 2 days late

2022

15-12

State Gazette act Director changes

2021

25-04

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-05

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 31 days late

2019

14-05

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 14 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 1 year ago

2024

11-10-2024 2 resigning, 2 reappointed Director changes·Renate De Koker

SINGH, Baldev, Bestuurder
SINGH, Gurjeet, Bestuurder
SINGH, Baldev, Bestuurder
SINGH, Gurjeet, Bestuurder

Notary: Renate De Koker · Opwijk

Original publication ↗

Technical details

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      },
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    {
      "kind": "decharge_granted",
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    },
    {
      "kind": "decharge_granted",
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  ],
  "notary": {
    "name": "Renate De Koker",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Opwijk",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-10-11",
    "filing_date": "2024-10-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
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      "body": "buitengewone_algemene_vergadering",
      "date": "2024-10-04",
      "unanimous": true
    }
  ],
  "is_correction": false,
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    "name_full": "A\u0026JOHAN",
    "legal_form": "BV"
  },
  "publication_proxy": {
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    "org_kbo": null,
    "org_name": null,
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    "org_rep_person_name": null,
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  },
  "co_filed_documents": [
    "uitgifte van de akte",
    "geco\u00F6rdineerde statuten",
    "verslag bestuursorgaan"
  ],
  "corrected_publication_numac": null
}

2022

15-12-2022 1 director appointed, 1 resigning Director changes

Gurjeet Singh, Bestuurder
Shamsher Singh, Bestuurder

Original publication ↗

Technical details

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      "role": "bestuurder",
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      },
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      "effective_date": "2022-12-07",
      "evidence_quote": "het ontslag als bestuurder te aanvaarden van de Heer Shamsher Singh met onmiddelijke ingang. De Bijzondere Algemene Vergadering verleent kwijting voor het gevoerde beleid.",
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    },
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      "effective_date": "2022-12-07",
      "evidence_quote": "te benoemen tot bestuurder, met onmiddellijke ingang, de Heer Gurjeet Singh die zijn mandaat aanvaardt. Het mandaat is bezoldigd.",
      "decharge_status": null,
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  "notary": {
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    "office_city": "Brussel",
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  },
  "act_meta": {
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}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Non-specialised retail sale with food, beverages or tobacco predominating47110Supermarkets47114Retail sale of wines and spirits47251Retail sale of beverages, general range47252Retail trade47260

Names & trade names

Legal nameNL

A&JOHAN

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