ASJ.CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ASJ.CONSTRUCT is 2.1% (moderate). The 2024 annual accounts show negative equity (-€18,797) and a net result of -€626. Equity is shrinking by ~52% per year across the filed fiscal years. Its solvency ranks better than 5% of 36378 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability37▲+19
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.59 in 2023; short-term debt: 132.9% and cash: 16.6% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2024Solvency, return and age of the figures
Solvency
-38%
Return on assets
-1.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€18,797
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 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
153 d late
2023
267 d late
2022
632 d late
2021
176 d late
2020
243 d late
2019
181 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 275 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€626▲ 87.4%
2023 · -€4,985
Working capital
-€25,588▲ 12.7%
2023 · -€29,300
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€9,931▼ 82.0%€6,210-€19,565-€2,499▲ 87.2%-€1,491▲ 40.3%
Net result-€10,658below the sector's middle half▼ 59.5%€5,080within the sector's middle half-€20,995below the sector's middle half-€4,985below the sector's middle half▲ 76.3%-€626below the sector's middle half▲ 87.4%
Equity€2,729below the sector's middle half▼ 79.6%€7,809below the sector's middle half▲ 186%-€13,186below the sector's middle half-€18,171below the sector's middle half▼ 37.8%-€18,797below the sector's middle half▼ 3.4%
Total assets€100,166below the sector's middle half▼ 9.7%€74,841below the sector's middle half▼ 25.3%€81,230below the sector's middle half▲ 8.5%€57,240below the sector's middle half▼ 29.5%€49,488below the sector's middle half▼ 13.5%
Debt€97,437▼ 0.1%€67,032▼ 31.2%€94,416▲ 40.9%€75,411▼ 20.1%€68,285▼ 9.4%
Working capital-€3,844below the sector's middle half€9,241below the sector's middle half-€10,816below the sector's middle half-€29,300below the sector's middle half▼ 171%-€25,588below the sector's middle half▲ 12.7%
Solvency2.7%below the sector's middle half▼ 9.3pp10.4%below the sector's middle half▲ 7.7pp-16.2%below the sector's middle half▼ 26.7pp-31.7%below the sector's middle half▼ 15.5pp-38.0%below the sector's middle half▼ 6.2pp
Current ratio0.96below the sector's middle half▼ 0.101.15within the sector's middle half▲ 0.190.88below the sector's middle half▼ 0.280.59below the sector's middle half▼ 0.290.61below the sector's middle half▲ 0.02
Return on assets (ROA)-10.6%below the sector's middle half▼ 4.6pp6.8%within the sector's middle half▲ 17.4pp-25.8%below the sector's middle half▼ 32.6pp-8.7%below the sector's middle half▲ 17.1pp-1.3%below the sector's middle half▲ 7.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,491 in 2024 against €2,499 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €49,488
Fixed assets
€9,291 ▼ 40.0%
Current assets
€40,197 ▼ 3.7%
Key figures and ratios
EBITDA
€4,711▲
2023 · €2,417
Cash flow
€5,576▲
2023 · -€69
Debt to equity
-3.63▲
2023 · -4.15
Interest coverage
2.35▲
2023 · 1.21
Debt ≤ 1 year
€65,785▼
2023 · €71,047
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.8%
went bankrupt
5.8%
stopped otherwise
91%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 2,332 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €5,746 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,024 | €9,297 | €4,715 | €4,916 | €6,202 | ▲ 26.2% |
| Other operating charges640/8 | - | €647 | - | - | - | - |
| Gross operating margin9900 | €9,693 | €21,900 | -€14,850 | €2,417 | €4,711 | ▲ 94.9% |
| Operating profit (loss)9901 | -€9,931 | €6,210 | -€19,565 | -€2,499 | -€1,491 | ▲ 40.3% |
| Financial income75/76B | - | - | - | - | €2,871 | - |
| Recurring financial income75 | €16 | - | - | - | €2,871 | - |
| Financial charges65/66B | - | €1,130 | €1,430 | €2,486 | €2,006 | ▼ 19.3% |
| Recurring financial charges65 | €743 | €1,130 | €1,430 | €1,996 | €2,006 | ▲ 0.5% |
| Non-recurring financial charges66B | - | - | - | €490 | - | - |
| Profit (loss) for the period before taxes9903 | -€10,658 | €5,080 | -€20,995 | -€4,985 | -€626 | ▲ 87.4% |
| Profit (loss) for the period9904 | -€10,658 | €5,080 | -€20,995 | -€4,985 | -€626 | ▲ 87.4% |
| Profit (loss) for the period to be appropriated9905 | -€10,658 | €5,080 | -€20,995 | -€4,985 | -€626 | ▲ 87.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,166 | €74,841 | €81,230 | €57,240 | €49,488 | ▼ 13.5% |
| Fixed assets21/28 | €14,077 | €4,780 | €4,409 | €15,493 | €9,291 | ▼ 40.0% |
| Tangible fixed assets22/27 | €13,502 | €4,205 | €3,834 | €14,918 | €8,716 | ▼ 41.6% |
| Furniture and vehicles24 | - | €4,205 | €3,834 | €14,918 | €8,716 | ▼ 41.6% |
| Financial fixed assets28 | €575 | €575 | €575 | €575 | €575 | = |
| Current assets29/58 | €86,089 | €70,061 | €76,821 | €41,747 | €40,197 | ▼ 3.7% |
| Stocks and contracts in progress3 | €26,739 | €17,000 | €23,427 | - | - | - |
| Stocks30/36 | - | €17,000 | €23,427 | - | - | - |
| Amounts receivable within one year40/41 | €56,928 | €52,446 | €37,533 | €35,800 | €31,961 | ▼ 10.7% |
| Trade receivables40 | - | €38,864 | €11,884 | €16,299 | €11,037 | ▼ 32.3% |
| Other amounts receivable41 | - | €13,582 | €25,649 | €19,501 | €20,924 | ▲ 7.3% |
| Cash at bank and in hand54/58 | €2,422 | €615 | €15,861 | €5,947 | €8,236 | ▲ 38.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,166 | €74,841 | €81,230 | €57,240 | €49,488 | ▼ 13.5% |
| Equity10/15 | €2,729 | €7,809 | -€13,186 | -€18,171 | -€18,797 | ▼ 3.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€5,331 | -€251 | -€21,246 | -€26,231 | -€26,857 | ▼ 2.4% |
| Amounts payable17/49 | €97,437 | €67,032 | €94,416 | €75,411 | €68,285 | ▼ 9.4% |
| Amounts payable after more than one year17 | €7,504 | €6,212 | €1,749 | - | - | - |
| Financial debts170/4 | - | €6,212 | €1,749 | - | - | - |
| Amounts payable within one year42/48 | €89,933 | €60,820 | €87,637 | €71,047 | €65,785 | ▼ 7.4% |
| Current portion of amounts payable after more than one year42 | - | €330 | - | - | - | - |
| Trade debts44 | €59,758 | €35,479 | €50,877 | €50,648 | €45,386 | ▼ 10.4% |
| Suppliers440/4 | - | €35,479 | €50,877 | €50,648 | €45,386 | ▼ 10.4% |
| Advances received on contracts in progress46 | - | €22,558 | €17,340 | €17,340 | €17,340 | = |
| Taxes, remuneration and social security45 | - | €2,453 | €2,453 | €3,059 | €3,059 | = |
| Taxes450/3 | - | €2,453 | €2,453 | €3,059 | €3,059 | = |
| Other amounts payable47/48 | - | - | €16,967 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €5,030 | €4,364 | €2,500 | ▼ 42.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,658 | €5,080 | -€20,995 | -€4,985 | -€626 | ▲ 87.4% |
| + Depreciation and write-downs630 | €9,024 | €9,297 | €4,715 | €4,916 | €6,202 | ▲ 26.2% |
| Operating cash flow (approximation) | -€1,634 | €14,377 | -€16,280 | -€69 | €5,576 | ▲ 8,181% |
| Investment in fixed assets (approximation) | - | €0 | -€4,344 | -€16,000 | €0 | ▲ 100% |
| Change in cash | - | -€1,807 | €15,246 | -€9,914 | €2,289 | ▲ 123% |
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
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 267 days late
23-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 632 days late
2023
23-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 176 days late
2022
31-12
Financial
Weakest financial yearnet -€20,995
Net result drops to -€20,995, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 243 days late
2021
31-12
Financial
Back to profitnet €5,080
Net result €5,080 after 2 loss-making years.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 181 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
28-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Chapelle-lez-Herlaimont · 1 establishment unit since 2014
Ground area
888 m²
Building footprint
117 m²
Volume, LiDAR
656 m³
Parcel 52027A0131/00W000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASJ CONSTRUCT
since 20142.229.996.049
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52027A0131/00W000 | Wallonia | 888 m² | 1 · 116 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Karbodak
BE 0837.397.832
Lummen · Eq €7,801
BERGEN
BE 0464.083.236
Chaumont-Gistoux · Eq €7,819
SALIM TOITURES
BE 0849.022.390
Liège · Eq €7,783
JG Works
BE 0780.994.114
Lanaken · Eq €7,766
Paesen bouw- en dakwerken
BE 0800.305.428
Houthalen-Helchteren · Eq €7,766
Of 8,576 companies in sector 43410 we hold annual accounts for 4,371. 1,993 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 (pre-2019)
Founded01-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
41001General construction of residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
43110Demolition
43240Other construction installation
43310Plastering work
43320Joinery installation
43350Other building finishing work
47750Retail sale of cosmetics and toilet articles
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0549891218
Also
9925:BE0549891218
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.