AJCONSTRUCT
InactiveAJCONSTRUCT was declared bankrupt on 16-05-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 01-07-2025, published in the Belgian State Gazette on 11-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 02-12-2020, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
124 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 124 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, abbreviated schema
Turnover
€220,431▼ 19.7%
2018 · €274,428
EBIT margin
4.3%▼ 2.5pp
2018 · 6.7%
Net result
€6,204
2018 · -€8,693
Working capital
-€2,462▲ 72.7%
2018 · -€9,024
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
Line20182019
Turnover€274,428-€220,431▼ 19.7%
Operating result€18,510-€9,441▼ 49.0%
Net result-€8,693-€6,204
EBIT margin6.7%-4.3%▼ 2.5pp
Equity-€8,616--€2,412▲ 72.0%
Total assets€139,298-€95,359▼ 31.5%
Debt€147,914-€97,771▼ 33.9%
Working capital-€9,024--€2,462▲ 72.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 49% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €95,359
Fixed assets
€50 ▼ 87.7%
Current assets
€95,309 ▼ 31.4%
Key figures and ratios
EBITDA
€9,799▼
2018 · €18,868
Cash flow
€6,562▲
2018 · -€8,335
Solvency
-2.5%▲
2018 · -6.2%
Current ratio
0.97▲
2018 · 0.94
ROA
6.5%▲
2018 · -6.2%
Debt ≤ 1 year
€97,771▼
2018 · €147,914
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | €274,428 | €220,431 | ▼ 19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €358 | €358 | = |
| Gross operating margin9900 | €26,042 | €14,976 | ▼ 42.5% |
| Operating profit (loss)9901 | €18,510 | €9,441 | ▼ 49.0% |
| Recurring financial income75 | €74 | - | - |
| Recurring financial charges65 | €110 | €325 | ▲ 195% |
| Profit (loss) for the period before taxes9903 | -€8,088 | €6,204 | ▲ 177% |
| Income taxes67/77 | €605 | - | - |
| Profit (loss) for the period9904 | -€8,693 | €6,204 | ▲ 171% |
| Profit (loss) for the period to be appropriated9905 | -€8,693 | €6,204 | ▲ 171% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €139,298 | €95,359 | ▼ 31.5% |
| Fixed assets21/28 | €408 | €50 | ▼ 87.7% |
| Tangible fixed assets22/27 | €358 | - | - |
| Financial fixed assets28 | €50 | €50 | = |
| Current assets29/58 | €138,890 | €95,309 | ▼ 31.4% |
| Stocks and contracts in progress3 | €6,845 | - | - |
| Amounts receivable within one year40/41 | €117,113 | €83,073 | ▼ 29.1% |
| Cash at bank and in hand54/58 | €14,932 | €12,236 | ▼ 18.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €139,298 | €95,359 | ▼ 31.5% |
| Equity10/15 | -€8,616 | -€2,412 | ▲ 72.0% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€29,076 | -€22,872 | ▲ 21.3% |
| Amounts payable17/49 | €147,914 | €97,771 | ▼ 33.9% |
| Amounts payable within one year42/48 | €147,914 | €97,771 | ▼ 33.9% |
| Trade debts44 | €132,534 | €92,371 | ▼ 30.3% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€8,693 | €6,204 | ▲ 171% |
| + Depreciation and write-downs630 | €358 | €358 | = |
| Operating cash flow (approximation) | -€8,335 | €6,562 | ▲ 179% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€2,696 | - |
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
2025
11-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 01-07-2025
2024
24-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 16-05-2024
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 124 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 160 days late
2019
31-12
Financial
Back to profitnet €6,204
Net result €6,204 after one loss-making year.
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 77 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 45 days late
2016
13-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 44 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 60 days late
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 31 days late
2011
10-11
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 102 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THIERRY BINDELLE RUE VAN EYCK 44 BTE 6,
1000 FR BRUXELLES-VILLE |
16-05-2024 → 01-07-2025 |