BJ Construction
ActiveSummary
The computed 12-month bankruptcy probability of BJ Construction is 2.3% (moderate). The annual accounts of BJ Construction for fiscal year 2024 show a net loss of 147% of the equity at the start of that year. The 2024 annual accounts show equity of €226k and a net result of €-160k. Equity is growing by ~59.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 1290 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-32
Solvency35▲+3
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.12 against 1.27 in 2023; short-term debt: 62.9% and cash: 0% of total assets), and 90.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
9.8%
Return on assets
-7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1290 sector peers (2024).
NBB · sector comparisonPosition among 1290 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
30 d late
2022
31 d late
2021
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-160k
2023 · €18k
2021: €-26k
2022: €55k
2023: €18k
2021 → 2024
Working capital
€168k▼ 32.1%
2023 · €247k
2021: €332k
2022: €358k
2023: €247k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€36k-€91k▲ 150%€109k▲ 19.2%€226k▲ 108%
Operating result€-16k-€101k€90k▼ 11.4%€-39k
Net result€-26k-€55k€18k▼ 68.1%€-160k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €39k after €90k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.30M
Fixed assets
€685k ▲ 35.7%
Current assets
€1.62M ▲ 38.9%
Equity and liabilities €2.30M
Equity
€226k ▲ 108%
Debt
€2.08M ▲ 33.0%
Debt's share of the balance-sheet total falls from 93.5% to 90.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€91k▼
2023 · €218k
Cash flow
€-31k▼
2023 · €146k
Current ratio
1.12▼
2023 · 1.27
Quick ratio
0.31▼
2023 · 0.37
Debt to equity
9.17▼
2023 · 14.35
ROE
-70.8%▼
2023 · 16.1%
ROA
-7.0%▼
2023 · 1.0%
Interest coverage
0.75▼
2023 · 3.40
Debt ≤ 1 year
€1.45M▲
2023 · €916k
Debt > 1 year
€586k▼
2023 · €640k
Income taxes
€1k▼
2023 · €9k
Staff costs
€1.36M▲
2023 · €1.20M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.67M€2.30M▲
Formation expenses20€515€286▼
Fixed assets21/28€505k€685k▲
Tangible fixed assets22/27€451k€652k▲
Land and buildings22€70k€348k▲
Plant, machinery and equipment23€49k€40k▼
Furniture and vehicles24€118k€68k▼
Leasing and similar rights25€214k€196k▼
Financial fixed assets28€54k€34k▼
Current assets29/58€1.16M€1.62M▲
Stocks and contracts in progress3€825k€1.16M▲
Stocks30/36€754k€1.11M▲
Contracts in progress37€70k€55k▼
Amounts receivable within one year40/41€232k€437k▲
Trade receivables40€189k€353k▲
Other amounts receivable41€42k€84k▲
Cash at bank and in hand54/58€78k€88▼
Deferred charges and accrued income490/1€29k€16k▼
Equity and liabilities
Total equity and liabilities10/49€1.67M€2.30M▲
Equity10/15€109k€226k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12-€278k
Profit (loss) carried forward14€47k€-114k▼
Amounts payable17/49€1.56M€2.08M▲
Amounts payable after more than one year17€640k€586k▼
Financial debts170/4€226k€172k▼
Other amounts payable178/9€414k€414k=
Amounts payable within one year42/48€916k€1.45M▲
Current portion of amounts payable after more than one year42€250k€250k▲
Financial debts43€222k€510k▲
Credit institutions430/8€222k€510k▲
Trade debts44€275k€493k▲
Suppliers440/4€275k€493k▲
Taxes, remuneration and social security45€55k€58k▲
Taxes450/3€20k€20k▲
Remuneration and social security454/9€35k€38k▲
Other amounts payable47/48€115k€138k▲
Accrued charges and deferred income492/3€4k€41k▲
Income statement
Code20232024
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€1.20M€1.36M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128k€130k▲
Other operating charges640/8€29k€27k▼
Non-recurring operating charges66A€46k€47k▲
Gross operating margin9900€1.49M€1.53M▲
Operating profit (loss)9901€90k€-39k▼
Financial income75/76B€583€571▼
Recurring financial income75€583€571▼
Financial charges65/66B€64k€121k▲
Recurring financial charges65€64k€121k▲
Profit (loss) for the period before taxes9903€26k€-159k▼
Income taxes67/77€9k€1k▼
Profit (loss) for the period9904€18k€-160k▼
Profit (loss) for the period to be appropriated9905€18k€-160k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€-114k▼
Profit (loss) brought forward from the previous period14P€29k€47k▲
Social balance
Average headcount (FTE)908725.427.2▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €-160k ▼1015%
Net result drops to €-160k, the lowest in the series.
31-12
Financial
Equity above €200kEq €226k ▲108%
Equity rises from €109k to €226k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €109k ▲19.2%
2 profitable years in a row build equity to €109k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Saint-Hubert · 1 establishment unit since 2021
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.
Rue du Mont 1646870 Saint-HubertGround area
528 m²
Building footprint
170 m²
Parcel 84059A1181/00T004, Wallonia. Linked by address, not a title deed.
1 establishment unit
BJ Construction
since 20212.315.388.218
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84059A1181/00T004 | Wallonia | 528 m² | 1 · 169 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesBJ Construction SA#10124
Similar companies · same sector, comparable size
PRO ATF CONSTRUCT
BE 0788.471.230
Asse · Eq €226,385
CASATECH
BE 0466.856.545
Charleroi · Eq €226,335
IMMO HUYS
BE 0438.693.980
Kruisem · Eq €226,330
COCQUYT C. en S.
BE 0416.963.408
Aalter · Eq €226,624
KVG KARWEIWERKEN
BE 0831.708.781
Malle · Eq €226,631
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 11,780 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.