AJ REAL ESTATE

Active

Private limited companyfounded 2014active for 12 yearsVanderkinderestraat 110, 1180 Ukkel, BelgiumKBO/BCE: BE 0544.748.832

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

AJ REAL ESTATE has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€115,941) and a net result of -€60,017. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow Report Compare

AJ REAL ESTATEActiveChecked score 52/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 27-01-2014 Normal situation
Legal form: Private limited company
Registered office: Vanderkinderestraat 110, 1180 Ukkel
Activity: Development of residential building projects NACE 68121
Establishment unit: 2.284.921.112 1180 Ukkel, since 27-01-2014
Financial year end: 31 December
Peppol: Reachable since 20-11-2020

Company details

Who decides

Board

De Dobbeleer JulienDirector · since 11-12-2020
Rousseaux TanguyDirector · since 05-10-2021

Board & ownership

How it is doing

52 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.0%

Annual accounts 2025

Gross margin: €101,056
Turnover: ≈ €180,000; estimated
Loss: €60,017; ▲ 722%
Equity: -€115,941; ▼ 107%
Total assets: €3.1m; ▲ 11.1%

2025 accounts filed 53 days late

Filed on 22-09-2026at the National Bank

Financials

Why 52raises riskCapped at 59: negative equityLiquidity: current ratio 0.97, cash €6,124Last filed accounts filed 53 days late; 3 of the last 3 lateNegative equity -€115,941lowers riskSize: total assets €3.1mShow the evidence

Checked score

Score 2025

52 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 7% of its sector peers (NACE 68, small)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 21-2

equity -3.7% of total assets

Liquidity 0=

short-term debt 103.0% · cash 0.2%

Profitability 16-2

return on assets -1.9%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.7%▲ +0.1 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.3 percentage points vs 07-2025 09-2025: 1.4%▲ +0.2 percentage points vs 08-2025 10-2025: 1.6%▲ +0.2 percentage points vs 09-2025 11-2025: 1.5%▼ -0.1 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.6%▲ +0.1 percentage points vs 01-2026 03-2026: 1.8%▲ +0.2 percentage points vs 02-2026 04-2026: 1.7%▼ -0.1 percentage points vs 03-2026 05-2026: 1.8%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.7%▼ -0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.6 percentage points vs 07-2026 09-2026: 2.5%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 1.0%▼ -1.5 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.97, compared with 0.98 in 2024, below 1; short-term debt: 103% and cash: 0.2% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 10% on solvency, 2% on liquidity, 9% on profitability and 4% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Liquidity: current ratio 0.97, cash €6,124

NBB · annual accounts

Size: total assets €3.1m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Last filed accounts filed 53 days late; 3 of the last 3 late

NBB · filings

Negative equity -€115,941

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€115,941

2025 accounts filed 53 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

53 days late

2024

31 days late

2023

37 days late

2022

31 days late

2021

31 days late

2020

30 days late

2019

28 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€115,941 View
Risk: 3 loss-making years in a rowloss financial year 2025 -€60,017 View
Caution: Result fell in 2025from -€7,303 to -€60,017 ▼ 722% View
Caution: Among the weakest 6% on equitysector median €73,313 · 17,134 companies -€115,941 View

Documents

Key facts about AJ REAL ESTATE

What is the company number of AJ REAL ESTATE?: 0544.748.832. In Belgium the VAT number is the company number with BE in front: BE 0544.748.832.
Where is AJ REAL ESTATE based?: The registered office is at Vanderkinderestraat 110, 1180 Ukkel.Company details
What does AJ REAL ESTATE do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of AJ REAL ESTATE?: Private limited company (BV).
When was AJ REAL ESTATE founded?: On 27-01-2014.
Is AJ REAL ESTATE still active?: Yes, AJ REAL ESTATE is an active enterprise in the KBO register.
What is the turnover of AJ REAL ESTATE?: ≈ €180,000 in financial year 2025. Estimated from the gross margin of €101,056: probably between €140,000 and €340,000, based on 49 comparable companies, NACE 681.Financials
Is AJ REAL ESTATE profitable?: In financial year 2025, AJ REAL ESTATE made a loss of €60,017.
Where can I find the annual accounts of AJ REAL ESTATE?: AJ REAL ESTATE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of AJ REAL ESTATE due?: By 31-07-2027, for financial year 2026.Timeline

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Overview

Official details

Who decides

How it is doing

Checked score

Signals

Key points

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

Articles and registers

Key facts about AJ REAL ESTATE

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