AJL COMMUNICATION
InactiveAJL COMMUNICATION was declared bankrupt on 29-01-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 29-10-2024, published in the Belgian State Gazette on 06-11-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-10-2022, 74 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
74 d late
2020
297 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-23k▲ 66.7%
2020 · €-70k
2018: €-11k
2019: €-11k
2020: €-70k
2018 → 2021
Total assets
€66k▲ 135%
2020 · €28k
2018: €180k
2019: €110k
2020: €28k
2018 → 2021
Net result
€47k
2020 · €-59k
2018: €-19k
2019: €-9k
2020: €-59k
2018 → 2021
Working capital
€-26k▲ 64.8%
2020 · €-74k
2018: €-15k
2019: €-15k
2020: €-74k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-11k-€-11k▼ 2.4%€-70k▼ 537%€-23k▲ 66.7%
Operating result€-19k-€-9k▲ 50.8%€-59k▼ 529%€57k
Net result€-19k-€-9k▲ 50.4%€-59k▼ 525%€47k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €57k after a loss of €59k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €66k
Fixed assets
€3k▼ 20.0%
Current assets
€63k▲ 156%
Key figures and ratios
EBITDA
€58k▲
2020 · €-58k
Cash flow
€48k▲
2020 · €-59k
Solvency
-35.8%▲
2020 · -251.6%
Current ratio
0.71▲
2020 · 0.25
Quick ratio
0.71▲
2020 · 0.25
Debt / equity
-3.80▼
2020 · -1.40
ROA
71.5%▲
2020 · -212.1%
Interest coverage
5.48▲
2020 · -594.54
Debt
€89k▼
2020 · €98k
Debt ≤ 1 year
€89k▼
2020 · €98k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€28k€66k▲
Fixed assets21/28€3k€3k▼
Intangible fixed assets21€3k€3k▼
Current assets29/58€25k€63k▲
Amounts receivable within one year40/41€24k€63k▲
Trade receivables40€3k€29k▲
Other amounts receivable41€21k€34k▲
Cash at bank and in hand54/58€21€1▼
Deferred charges and accrued income490/1€300-
Equity and liabilities
Total equity and liabilities10/49€28k€66k▲
Equity10/15€-70k€-23k▲
Contributions10/11€19k€19k=
Reserves13€7k€7k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€6k€6k=
Profit (loss) carried forward14€-96k€-49k▲
Amounts payable17/49€98k€89k▼
Amounts payable within one year42/48€98k€89k▼
Financial debts43€39k€45k▲
Credit institutions430/8€39k€45k▲
Trade debts44€13k€37k▲
Suppliers440/4€13k€37k▲
Advances received on contracts in progress46-€7k
Other amounts payable47/48€46k-
Accrued charges and deferred income492/3-€210
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€674€674=
Other operating charges640/8€50k€381▼
Non-recurring operating charges66A€5k€3k▼
Gross operating margin9900€-3k€62k▲
Operating profit (loss)9901€-59k€57k▲
Financial charges65/66B€98€11k▲
Recurring financial charges65€98€11k▲
Profit (loss) for the period before taxes9903€-59k€47k▲
Profit (loss) for the period9904€-59k€47k▲
Profit (loss) for the period to be appropriated9905€-59k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-96k€-49k▲
Profit (loss) brought forward from the previous period14P€-37k€-96k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
06-11
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · AJL COMMUNICATION SRL AVENUE LOUISE 143/4, 1050 IXELLES. déclarée le 29 janvier 2024 · event 29-10-2024
05-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · AJL COMMUNICATION SRL AVENUE LOUISE 143/4, 1050 IXELLES · event 29-01-2024
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 297 days late
2021
31-12
Financial
Back to profitnet €47k
Net result €47k after 3 loss-making years.
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 568 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 933 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1298 days late
2020
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 54 days late
2015
14-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 14 days late
2014
26-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 IXELLES |
29-01-2024 → present |