AJC TERRASSEMENT
ActiveSummary
AJC TERRASSEMENT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €27k. Equity is growing by ~81.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+45
Solvency64▲+19
Growth78▲+10
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.18 in 2024; short-term debt: 44.5% and cash: 15.9% of total assets), but 60.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.1%
Return on assets
23.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 3 filingsDeviation from the deadline
2025
24 d late
2024
26 d late
2023
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€186k▼ 14.4%
2024 · €217k
EBIT margin
23.5%▲ 12.6pp
2024 · 10.9%
Net result
€27k▲ 773%
2024 · €3k
Working capital
€37k▲ 371%
2024 · €8k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Turnover€143k-€217k▲ 52.1%€186k▼ 14.4%
Operating result€20k-€24k▲ 16.0%€44k▲ 84.3%
Net result€11k-€3k▼ 70.2%€27k▲ 773%
EBIT margin14.3%-10.9%▼ 3.4pp23.5%▲ 12.6pp
Equity€16k-€19k▲ 20.2%€46k▲ 147%
Total assets€95k-€91k▼ 4.5%€118k▲ 29.4%
Debt€80k-€72k▼ 9.3%€72k▼ 0.9%
Working capital€10k-€8k▼ 22.8%€37k▲ 371%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€29k ▼ 27.0%
Current assets
€89k ▲ 72.8%
Equity and liabilities €118k
Equity
€46k ▲ 147%
Debt
€72k ▼ 0.9%
Debt's share of the balance-sheet total falls from 79.5% to 60.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €35k
Cash flow
€39k▲
2024 · €14k
Current ratio
1.70▲
2024 · 1.18
Debt to equity
1.56▼
2024 · 3.88
ROE
59.5%▲
2024 · 16.8%
ROA
23.2%▲
2024 · 3.4%
Interest coverage
10.73▲
2024 · 1.95
Debt ≤ 1 year
€52k▲
2024 · €44k
Debt > 1 year
€19k▼
2024 · €29k
Income taxes
€11k▲
2024 · €3k
Staff costs
€11k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €143k | €217k | €186k | ▼ 14.4% |
| Goods, raw materials, services and sundry goods60/61 | €93k | €151k | €131k | ▼ 13.0% |
| Remuneration, social security and pensions62 | €31k | €53k | €11k | ▼ 78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €11k | €11k | ▲ 3.2% |
| Other operating charges640/8 | €275 | €3k | €2k | ▼ 19.0% |
| Gross operating margin9900 | €57k | €90k | €68k | ▼ 23.9% |
| Operating profit (loss)9901 | €20k | €24k | €44k | ▲ 84.3% |
| Financial income75/76B | €33 | €54 | €0 | ▼ 99.9% |
| Recurring financial income75 | €33 | €54 | €0 | ▼ 99.9% |
| Financial charges65/66B | €7k | €18k | €5k | ▼ 71.3% |
| Recurring financial charges65 | €7k | €18k | €5k | ▼ 71.3% |
| Profit (loss) for the period before taxes9903 | €13k | €6k | €38k | ▲ 558% |
| Income taxes67/77 | €3k | €3k | €11k | ▲ 309% |
| Profit (loss) for the period9904 | €11k | €3k | €27k | ▲ 773% |
| Profit (loss) for the period to be appropriated9905 | €11k | €3k | €27k | ▲ 773% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €95k | €91k | €118k | ▲ 29.4% |
| Fixed assets21/28 | €49k | €40k | €29k | ▼ 27.0% |
| Tangible fixed assets22/27 | €49k | €40k | €29k | ▼ 27.0% |
| Furniture and vehicles24 | €49k | €40k | €29k | ▼ 27.0% |
| Current assets29/58 | €46k | €51k | €89k | ▲ 72.8% |
| Amounts receivable within one year40/41 | €32k | €46k | €65k | ▲ 41.0% |
| Trade receivables40 | €0 | €0 | €11k | - |
| Other amounts receivable41 | €32k | €46k | €54k | ▲ 16.6% |
| Cash at bank and in hand54/58 | €12k | €4k | €19k | ▲ 368% |
| Deferred charges and accrued income490/1 | €2k | €1k | €5k | ▲ 281% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €95k | €91k | €118k | ▲ 29.4% |
| Equity10/15 | €16k | €19k | €46k | ▲ 147% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €11k | €14k | €41k | ▲ 201% |
| Amounts payable17/49 | €80k | €72k | €72k | ▼ 0.9% |
| Amounts payable after more than one year17 | €44k | €29k | €19k | ▼ 32.4% |
| Financial debts170/4 | €44k | €29k | €19k | ▼ 32.4% |
| Amounts payable within one year42/48 | €36k | €44k | €52k | ▲ 19.9% |
| Current portion of amounts payable after more than one year42 | €29k | €11k | €9k | ▼ 12.0% |
| Trade debts44 | €1k | €3k | €14k | ▲ 298% |
| Suppliers440/4 | €1k | €3k | €14k | ▲ 298% |
| Taxes, remuneration and social security45 | €6k | €25k | €25k | ▼ 0.7% |
| Taxes450/3 | €4k | €7k | €22k | ▲ 225% |
| Remuneration and social security454/9 | €1k | €18k | €2k | ▼ 86.1% |
| Other amounts payable47/48 | €0 | €5k | €5k | ▲ 0.3% |
| Accrued charges and deferred income492/3 | - | €0 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €3k | €27k | ▲ 773% |
| + Depreciation and write-downs630 | €5k | €11k | €11k | ▲ 3.2% |
| Operating cash flow (approximation) | €16k | €14k | €39k | ▲ 173% |
| Investment in fixed assets (approximation) | - | €-1k | €-735 | ▲ 50.4% |
| Change in cash | - | €-8k | €15k | ▲ 290% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2023net €27k ▲773%
Operating result €44k, net result €27k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €3k ▼70.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kraainem · 2 establishment units since 2023
Ground area
1.2 ha
Building footprint
975 m²
Volume, LiDAR
33,994 m³
2 parcels, Flanders, Wallonia · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
2 establishment units
AJC TERRASSEMENT
since 20232.343.980.848
AJC TERRASSEMENT
since 20232.345.709.626
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 52068C0242/32_000 | Wallonia | 695 m² | 1 · 110 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 4,939 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43120Site preparation
41001General construction of residential buildings
68122Development of non-residential building projects
43110Demolition
43310Plastering work
43320Joinery installation
Contact
E-mail
ajc.terrassement@gmail.com
Phone
0471717851
Scores and ratios are computed by Checked and are not a credit decision.