BJF RENOVATION
ActiveThe computed 12-month bankruptcy probability of BJF RENOVATION is 1.6% (moderate). The 2024 annual accounts show negative equity (€-34k) and a net result of €-27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1329 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-74
Solvency0▼-21
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.59 in 2023; short-term debt: 150% and cash: 30.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-50%
Return on assets
-40.7%
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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 €-34k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
90 d late
2022
92 d late
2021
173 d late
2020
153 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-34k▼ 435%
2023 · €-6k
2018: €37k
2019: €-2k
2020: €5k
2021: €-6k
2022: €-13k
2023: €-6k
2018 → 2024
Total assets
€67k▼ 54.5%
2023 · €148k
2018: €77k
2019: €62k
2020: €180k
2021: €50k
2022: €75k
2023: €148k
2018 → 2024
Net result
€-27k
2023 · €7k
2018: €9k
2019: €-39k
2020: €7k
2021: €-12k
2022: €-7k
2023: €7k
2018 → 2024
Working capital
€-53k▲ 15.8%
2023 · €-63k
2018: €624
2019: €-39k
2020: €-27k
2021: €-37k
2022: €-43k
2023: €-63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€-6k€-13k▼ 104%€-6k▲ 51.3%€-34k▼ 435%
Operating result€8k-€-10k€-6k▲ 43.9%€7k€-27k
Net result€7k-€-12k€-7k▲ 43.0%€7k€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €27k after €7k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67k
Fixed assets
€19k▼ 65.7%
Current assets
€48k▼ 47.6%
Key figures and ratios
EBITDA
€-16k▼
2023 · €11k
Cash flow
€-16k▼
2023 · €11k
Solvency
-50.0%▼
2023 · -4.3%
Current ratio
0.47▼
2023 · 0.59
Quick ratio
0.47▼
2023 · 0.59
Debt / equity
-3.00▲
2023 · -24.51
ROA
-40.7%▼
2023 · 4.5%
Interest coverage
-177.77▼
2023 · 98.29
Debt
€101k▼
2023 · €154k
Debt ≤ 1 year
€101k▼
2023 · €154k
Income taxes
€0▼
2023 · €148
Staff costs
€80k▼
2023 · €131k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€148k€67k▼
Fixed assets21/28€57k€19k▼
Tangible fixed assets22/27€56k€19k▼
Land and buildings22€28k€0▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€28k€19k▼
Financial fixed assets28€363€363=
Current assets29/58€91k€48k▼
Amounts receivable within one year40/41€37k€27k▼
Trade receivables40€27k€18k▼
Other amounts receivable41€10k€9k▼
Cash at bank and in hand54/58€54k€21k▼
Equity and liabilities
Total equity and liabilities10/49€148k€67k▼
Equity10/15€-6k€-34k▼
Contributions10/11€12k€12k=
Reserves13€5k€5k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€-24k€-51k▼
Amounts payable17/49€154k€101k▼
Amounts payable within one year42/48€154k€101k▼
Trade debts44€93k€24k▼
Suppliers440/4€93k€24k▼
Advances received on contracts in progress46€33k€21k▼
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€1k€3k▲
Remuneration and social security454/9€8k€4k▼
Other amounts payable47/48€19k€49k▲
Income statement
Code20232024
Remuneration, social security and pensions62€131k€80k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€11k▲
Other operating charges640/8€2k€7k▲
Gross operating margin9900€145k€71k▼
Operating profit (loss)9901€7k€-27k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€116€91▼
Recurring financial charges65€116€91▼
Profit (loss) for the period before taxes9903€7k€-27k▼
Income taxes67/77€148€0▼
Profit (loss) for the period9904€7k€-27k▼
Profit (loss) for the period to be appropriated9905€7k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-51k▼
Profit (loss) brought forward from the previous period14P€-32k€-24k▲
Transfer from equity791/2€2k€0▼
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 173 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-39k ▼543%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 324 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, Frameries · 1 establishment unit since 2015
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.
Route de Bavay 727080 FrameriesGround area
1,525 m²
Building footprint
9 m²
Volume, LiDAR
1 m³
Parcel 53060A0027/00A004, Wallonia · tallest building 0.3 m. Linked by address, not a title deed.
1 establishment unit
BJF RENOVATION
since 20152.241.028.513
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53060A0027/00A004indicative | Wallonia | 1,525 m² | 1 · 9 m² | 0.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,825 companies in sector 42220 we hold annual accounts for 958. 389 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.