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AJEA

Active
Private limited companyfounded 2018active for 7 yearsDrabstraat 18, 2800 Mechelen, BelgiumKBO/BCE: BE 0715.933.442
Summary

AJEA has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,471 and a net result of €67,699. Its solvency ranks better than 16% of 15,714 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €320,000
Estimated: probably between €250,000 and €480,000
Total assets
€439,140
Net result
€67,699
Working capital
-€19,496

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €439,140
Fixed assets €263,051
Current assets €176,089
Equity and liabilities €439,140
Equity €60,471
Debt €378,669
Debt finances 86.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€129,917
Cash flow
€101,088
Current ratio
0.90
Debt to equity
6.26
ROE
112.0%
ROA
15.4%
Interest coverage
12.26
Debt ≤ 1 year
€195,585
Debt > 1 year
€182,807
Income taxes
€22,246
Staff costs
€50,712

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
95.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 55 lines
Balance sheet Code2025
Assets
Total assets20/58€439,140
Fixed assets21/28€263,051
Intangible fixed assets21€62,740
Tangible fixed assets22/27€200,311
Land and buildings22€94,878
Plant, machinery and equipment23€2,807
Furniture and vehicles24€30,980
Other tangible fixed assets26€71,646
Financial fixed assets28€0
Current assets29/58€176,089
Amounts receivable within one year40/41€145,429
Trade receivables40€45,031
Other amounts receivable41€100,398
Cash at bank and in hand54/58€27,086
Deferred charges and accrued income490/1€3,575
Equity and liabilities
Total equity and liabilities10/49€439,140
Equity10/15€60,471
Contributions10/11€2,000
Reserves13€58,471
Distributable reserves133€58,471
Profit (loss) carried forward14€0
Amounts payable17/49€378,669
Amounts payable after more than one year17€182,807
Financial debts170/4€182,732
Other amounts payable178/9€75
Amounts payable within one year42/48€195,585
Current portion of amounts payable after more than one year42€33,581
Financial debts43€4,713
Credit institutions430/8€4,713
Trade debts44€11,406
Suppliers440/4€11,406
Taxes, remuneration and social security45€45,885
Taxes450/3€39,978
Remuneration and social security454/9€5,907
Other amounts payable47/48€100,000
Accrued charges and deferred income492/3€277
Income statement Code2025
Remuneration, social security and pensions62€50,712
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,389
Other operating charges640/8€4,360
Gross operating margin9900€184,990
Operating profit (loss)9901€96,528
Financial income75/76B€4,009
Recurring financial income75€4,009
Financial charges65/66B€10,593
Recurring financial charges65€10,593
Profit (loss) for the period before taxes9903€89,945
Income taxes67/77€22,246
Profit (loss) for the period9904€67,699
Profit (loss) for the period to be appropriated9905€67,699
Appropriation of the result
Profit (loss) to be appropriated9906€67,699
Transfer from equity791/2€117,647
Transfer to equity691/2€67,699
To other reserves6921€67,699
Profit to be distributed694/7€117,647
Return on contributions (dividend)694€117,647

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€50,712
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,389
Other operating charges640/8€4,360
Gross operating margin9900€184,990
Operating profit (loss)9901€96,528
Financial income75/76B€4,009
Recurring financial income75€4,009
Financial charges65/66B€10,593
Recurring financial charges65€10,593
Profit (loss) for the period before taxes9903€89,945
Income taxes67/77€22,246
Profit (loss) for the period9904€67,699
Profit (loss) for the period to be appropriated9905€67,699
Line2025
Assets
Total assets20/58€439,140
Fixed assets21/28€263,051
Intangible fixed assets21€62,740
Tangible fixed assets22/27€200,311
Land and buildings22€94,878
Plant, machinery and equipment23€2,807
Furniture and vehicles24€30,980
Other tangible fixed assets26€71,646
Financial fixed assets28€0
Current assets29/58€176,089
Amounts receivable within one year40/41€145,429
Trade receivables40€45,031
Other amounts receivable41€100,398
Cash at bank and in hand54/58€27,086
Deferred charges and accrued income490/1€3,575
Equity and liabilities
Total equity and liabilities10/49€439,140
Equity10/15€60,471
Contributions10/11€2,000
Reserves13€58,471
Distributable reserves133€58,471
Profit (loss) carried forward14€0
Amounts payable17/49€378,669
Amounts payable after more than one year17€182,807
Financial debts170/4€182,732
Other amounts payable178/9€75
Amounts payable within one year42/48€195,585
Current portion of amounts payable after more than one year42€33,581
Financial debts43€4,713
Credit institutions430/8€4,713
Trade debts44€11,406
Suppliers440/4€11,406
Taxes, remuneration and social security45€45,885
Taxes450/3€39,978
Remuneration and social security454/9€5,907
Other amounts payable47/48€100,000
Accrued charges and deferred income492/3€277
Line2025
Profit (loss) for the period9904€67,699
+ Depreciation and write-downs630€33,389
Operating cash flow (approximation)€101,088

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00213822

Similar companies · same sector, comparable size

Of the 22,300 active companies whose main activity is activities of lawyers (NACE 69101), figures are known for 9,394. 7,616 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · €235 awarded · €235 paid
Year Entries AwardedPaid
2025 1 €50€50
2023 1 €147€147
2022 1 €38€38
Schemes
3 entries · €235 · €235 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.