AJAB
ActiveThe computed 12-month bankruptcy probability of AJAB is 9.2% (elevated). The 2025 annual accounts show equity of €45k and a net result of €-13k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 4575 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+50
Solvency94=
Growth52=
Track record86
Bankruptcy probability, 12 months
9.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.51 against 0.45 in 2024; short-term debt: 31% and cash: 7.4% of total assets), and 31% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69%
Return on assets
-19.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
29 d late
2024
29 d late
2023
74 d late
2022
93 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 22.3%
2024 · €58k
2022: €36k
2023: €71k
2024: €58k
2022 → 2025
Total assets
€65k▼ 22.3%
2024 · €83k
2022: €63k
2023: €89k
2024: €83k
2022 → 2025
Net result
€-13k▲ 3.9%
2024 · €-13k
2022: €36k
2023: €46k
2024: €-13k
2022 → 2025
Working capital
€-10k▲ 31.2%
2024 · €-14k
2022: €-22k
2023: €-5k
2024: €-14k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€36k-€71k▲ 94.7%€58k▼ 18.7%€45k▼ 22.3%
Operating result€45k-€47k▲ 4.4%€1k▼ 97.7%€-13k
Net result€36k-€46k▲ 29.4%€-13k€-13k▲ 3.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€55k▼ 24.1%
Current assets
€10k▼ 11.1%
Equity and liabilities €65k
Equity
€45k▼ 22.3%
Debt
€20k▼ 22.2%
The debt ratio stays at 31.0%.
Key figures and ratios
EBITDA
€6k
Cash flow
€6k
Solvency
69.0%=
2024 · 69.0%
Current ratio
0.51▲
2024 · 0.45
Quick ratio
0.51▲
2024 · 0.45
Debt / equity
0.45▲
2024 · 0.45
ROE
-28.5%▼
2024 · -23.1%
ROA
-19.7%▼
2024 · -15.9%
Interest coverage
34.46
Debt
€20k▼
2024 · €26k
Debt ≤ 1 year
€20k▼
2024 · €26k
Staff costs
€21k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€83k€65k▼
Fixed assets21/28€72k€55k▼
Tangible fixed assets22/27€72k€55k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€71k€52k▼
Current assets29/58€12k€10k▼
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40-€613
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€7k€5k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€83k€65k▼
Equity10/15€58k€45k▼
Contributions10/11€500€500=
Profit (loss) carried forward14€57k€44k▼
Amounts payable17/49€26k€20k▼
Amounts payable within one year42/48€26k€20k▼
Trade debts44€5k€822▼
Suppliers440/4€5k€822▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€16k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€19k
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€19k-
Gross operating margin9900€25k€30k▲
Operating profit (loss)9901€1k€-13k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€175€174▼
Recurring financial charges65€175€174▼
Profit (loss) for the period before taxes9903€890€-13k▼
Income taxes67/77€14k-
Profit (loss) for the period9904€-13k€-13k▲
Profit (loss) for the period to be appropriated9905€-13k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€44k▼
Profit (loss) brought forward from the previous period14P€70k€57k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
27-10
KBO administration
Address struck
Rijselstraat 16 8900 Die Sitzadresse Rijselstraat 16 8900 Ieper · event 22-07-2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-13k ▼129%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 74 days late
2023
31-12
Financial
Highest result since 2022net €46k ▲29.4%
Operating result €47k, net result €46k, both a record.
01-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 93 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Beluikstraat 128900 IeperGround area
82 m²
Building footprint
63 m²
Volume, LiDAR
501 m³
Parcel 33011F0480/00B000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AJAB
since 20212.318.905.853
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011F0480/00B000 | Flanders | 82 m² | 1 · 63 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,996 companies in sector 49320 we hold annual accounts for 2,722. 2,164 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2021
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:kazmi-ali2203@hotmail.com
Phone:0475969198