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BJH Management

Active
Private limited companyfounded 2017active for 9 yearsStreekstraat 28, 3080 Tervuren, BelgiumKBO/BCE: BE 0676.429.005
Summary

BJH Management has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,653 and a net result of €1,193. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 38,834 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€21,653▲ 5.8%
2024 · €20,460
Total assets
€240,823▼ 19.4%
2024 · €298,704
Net result
€1,193▼ 97.5%
2024 · €48,516
Working capital
-€83,372▲ 2.2%
2024 · -€85,271
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 16% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€54,187 2025 Net result€1,193 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€15,902-€67,210▲ 323%€27,206▼ 59.5%€50,596▲ 86.0%€42,513▼ 16.0%€94,492▲ 122%€64,859▼ 31.4%€54,187▼ 16.5%
Net result€9,061-€52,477▲ 479%€9,264within the sector's middle half▼ 82.3%€35,123within the sector's middle half▲ 279%€33,250within the sector's middle half▼ 5.3%€72,161above the sector's middle half▲ 117%€48,516within the sector's middle half▼ 32.8%€1,193below the sector's middle half▼ 97.5%
Equity€15,261-€67,738▲ 344%€77,002within the sector's middle half▲ 13.7%€55,583within the sector's middle half▼ 27.8%€20,460below the sector's middle half▼ 63.2%€20,460below the sector's middle half=€20,460below the sector's middle half=€21,653within the sector's middle half▲ 5.8%
Total assets€45,754-€91,030▲ 99.0%€108,664within the sector's middle half▲ 19.4%€255,669within the sector's middle half▲ 135%€229,825within the sector's middle half▼ 10.1%€287,452within the sector's middle half▲ 25.1%€298,704within the sector's middle half▲ 3.9%€240,823within the sector's middle half▼ 19.4%
Debt€30,493-€23,292▼ 23.6%€31,662▲ 35.9%€200,086▲ 532%€209,365▲ 4.6%€266,992▲ 27.5%€278,244▲ 4.2%€219,170▼ 21.2%
Working capital€14,199-€62,456▲ 340%€73,543within the sector's middle half▲ 17.8%-€3,517below the sector's middle half-€51,759below the sector's middle half▼ 1,372%-€52,618below the sector's middle half▼ 1.7%-€85,271below the sector's middle half▼ 62.1%-€83,372below the sector's middle half▲ 2.2%
Solvency33.4%-74.4%▲ 41.1pp70.9%within the sector's middle half▼ 3.6pp21.7%below the sector's middle half▼ 49.1pp8.9%below the sector's middle half▼ 12.8pp7.1%below the sector's middle half▼ 1.8pp6.8%below the sector's middle half▼ 0.3pp9.0%below the sector's middle half▲ 2.1pp
Current ratio1.47-3.68▲ 2.223.34within the sector's middle half▼ 0.340.96below the sector's middle half▼ 2.390.51below the sector's middle half▼ 0.450.70below the sector's middle half▲ 0.190.58below the sector's middle half▼ 0.120.47below the sector's middle half▼ 0.11
Return on assets (ROA)19.8%-57.6%▲ 37.8pp8.5%within the sector's middle half▼ 49.1pp13.7%within the sector's middle half▲ 5.2pp14.5%within the sector's middle half▲ 0.7pp25.1%within the sector's middle half▲ 10.6pp16.2%within the sector's middle half▼ 8.9pp0.5%below the sector's middle half▼ 15.7pp
Staff (FTE)0.70.7within the sector's middle half=1▲ 42.9%1=1=1=
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240,823
Fixed assets €167,460 ▼ 8.1%
Current assets €73,363 ▼ 37.0%
Equity and liabilities €240,823
Equity €21,653 ▲ 5.8%
Debt €219,170 ▼ 21.2%
Debt's share of the balance-sheet total falls from 93.2% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68,911▼
2024 · €74,792
Cash flow
€15,917▼
2024 · €58,450
Debt to equity
10.12▼
2024 · 13.60
ROE
5.5%▼
2024 · 237.1%
Interest coverage
1.31▼
2024 · 50.36
Debt ≤ 1 year
€156,735▼
2024 · €201,791
Debt > 1 year
€62,435▼
2024 · €76,453
Income taxes
€4,326▼
2024 · €14,876
Staff costs
€18,690▼
2024 · €53,542
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.6% went bankrupt
2.7% stopped otherwise
94.3% still going

A further 0.4% 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 497,474 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% 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 74.5% 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 1,251 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 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€298,704€240,823▼
Fixed assets21/28€182,184€167,460▼
Tangible fixed assets22/27€182,184€167,460▼
Land and buildings22€145,940€141,485▼
Furniture and vehicles24€30,625€21,323▼
Other tangible fixed assets26€5,619€4,652▼
Current assets29/58€116,520€73,363▼
Amounts receivable within one year40/41€58,951€7,727▼
Trade receivables40€52,700€1,476▼
Other amounts receivable41€6,251€6,250=
Cash at bank and in hand54/58€51,505€63,962▲
Deferred charges and accrued income490/1€6,065€1,675▼
Equity and liabilities
Total equity and liabilities10/49€298,704€240,823▼
Equity10/15€20,460€21,653▲
Contributions10/11€20,460€20,460=
Profit (loss) carried forward14-€1,193
Amounts payable17/49€278,244€219,170▼
Amounts payable after more than one year17€76,453€62,435▼
Financial debts170/4€76,453€62,435▼
Amounts payable within one year42/48€201,791€156,735▼
Current portion of amounts payable after more than one year42€13,875€14,018▲
Trade debts44€1,814€83▼
Suppliers440/4€1,814€83▼
Taxes, remuneration and social security45€24,767€13,508▼
Taxes450/3€14,410€10,670▼
Remuneration and social security454/9€10,357€2,838▼
Other amounts payable47/48€161,335€129,126▼
Income statement Code20242025
Remuneration, social security and pensions62€53,542€18,690▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,934€14,724▲
Other operating charges640/8€991€1,095▲
Gross operating margin9900€129,326€88,697▼
Operating profit (loss)9901€64,859€54,187▼
Financial income75/76B€18€3,791▲
Recurring financial income75€18€3,791▲
Financial charges65/66B€1,485€52,459▲
Recurring financial charges65€1,485€52,459▲
Profit (loss) for the period before taxes9903€63,391€5,520▼
Income taxes67/77€14,876€4,326▼
Profit (loss) for the period9904€48,516€1,193▼
Profit (loss) for the period to be appropriated9905€48,516€1,193▼
Appropriation of the result
Profit (loss) to be appropriated9906€48,516€1,193▼
Profit to be distributed694/7€48,516-
Return on contributions (dividend)694€48,516-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€27,878€43,185€52,647€53,542€18,690▼ 65.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€571€1,524€1,524€20,448€8,955€8,403€9,934€14,724▲ 48.2%
Other operating charges640/8---€1,935€999€995€991€1,095▲ 10.5%
Gross operating margin9900€34,643€99,506€37,813€100,857€95,650€156,538€129,326€88,697▼ 31.4%
Operating profit (loss)9901€15,902€67,210€27,206€50,596€42,513€94,492€64,859€54,187▼ 16.5%
Financial income75/76B---€160€0€0€18€3,791▲ 21,259%
Recurring financial income75€0€3€0€160€0€0€18€3,791▲ 21,259%
Financial charges65/66B---€876€2,632€1,500€1,485€52,459▲ 3,432%
Recurring financial charges65€119€332€221€876€2,632€1,500€1,485€52,459▲ 3,432%
Profit (loss) for the period before taxes9903€15,783€66,881€26,985€49,880€39,881€92,993€63,391€5,520▼ 91.3%
Income taxes67/77€6,722€14,404€17,720€14,757€6,631€20,832€14,876€4,326▼ 70.9%
Profit (loss) for the period9904€9,061€52,477€9,264€35,123€33,250€72,161€48,516€1,193▼ 97.5%
Profit (loss) for the period to be appropriated9905€9,061€52,477€9,264€35,123€33,250€72,161€48,516€1,193▼ 97.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€45,754€91,030€108,664€255,669€229,825€287,452€298,704€240,823▼ 19.4%
Fixed assets21/28€1,062€5,282€3,757€176,753€176,302€163,406€182,184€167,460▼ 8.1%
Tangible fixed assets22/27€1,062€5,282€3,757€176,753€176,302€163,406€182,184€167,460▼ 8.1%
Land and buildings22---€159,305€154,850€150,395€145,940€141,485▼ 3.1%
Furniture and vehicles24---€10,039€13,900€6,426€30,625€21,323▼ 30.4%
Other tangible fixed assets26---€7,408€7,552€6,585€5,619€4,652▼ 17.2%
Current assets29/58€44,693€85,748€104,907€78,917€53,522€124,046€116,520€73,363▼ 37.0%
Stocks and contracts in progress3€2,378€0-------
Amounts receivable within one year40/41€31,894€21,511€34,308€17,077€33,765€56,205€58,951€7,727▼ 86.9%
Trade receivables40---€16,834€29,322€56,205€52,700€1,476▼ 97.2%
Other amounts receivable41---€243€4,443-€6,251€6,250=
Cash at bank and in hand54/58€7,302€59,869€66,535€57,357€15,511€61,525€51,505€63,962▲ 24.2%
Deferred charges and accrued income490/1---€4,483€4,246€6,316€6,065€1,675▼ 72.4%
Equity and liabilities
Total equity and liabilities10/49€45,754€91,030€108,664€255,669€229,825€287,452€298,704€240,823▼ 19.4%
Equity10/15€15,261€67,738€77,002€55,583€20,460€20,460€20,460€21,653▲ 5.8%
Contributions10/11€6,200€6,200-€18,600€20,460€20,460€20,460€20,460=
Reserves13€454€1,860€1,860€1,860-----
Non-distributable reserves130/1---€1,860-----
Reserves not available under the articles1311---€1,860-----
Profit (loss) carried forward14€8,607€59,678€68,942€35,123---€1,193-
Amounts payable17/49€30,493€23,292€31,662€200,086€209,365€266,992€278,244€219,170▼ 21.2%
Amounts payable after more than one year17---€117,653€104,061€90,328€76,453€62,435▼ 18.3%
Financial debts170/4---€117,653€104,061€90,328€76,453€62,435▼ 18.3%
Amounts payable within one year42/48€30,493€23,292€31,364€82,433€105,281€176,664€201,791€156,735▼ 22.3%
Current portion of amounts payable after more than one year42---€13,170€13,593€13,733€13,875€14,018▲ 1.0%
Trade debts44€2,635€4,771€1,802€2,664€1,286€5,220€1,814€83▼ 95.4%
Suppliers440/4---€2,664€1,286€5,220€1,814€83▼ 95.4%
Taxes, remuneration and social security45---€12,672€19,667€32,226€24,767€13,508▼ 45.5%
Taxes450/3---€9,695€13,272€21,660€14,410€10,670▼ 26.0%
Remuneration and social security454/9---€2,978€6,395€10,566€10,357€2,838▼ 72.6%
Other amounts payable47/48---€53,926€70,735€125,485€161,335€129,126▼ 20.0%
Accrued charges and deferred income492/3----€23----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€9,061€52,477€9,264€35,123€33,250€72,161€48,516€1,193▼ 97.5%
+ Depreciation and write-downs630€571€1,524€1,524€20,448€8,955€8,403€9,934€14,724▲ 48.2%
Operating cash flow (approximation)€9,632€54,001€10,788€55,571€42,205€80,564€58,450€15,917▼ 72.8%
Investment in fixed assets (approximation)--€5,744€0-€193,443-€8,504€4,494-€28,712€0-
Change in cash-€52,567€6,666-€9,178-€41,846€46,013-€10,020€12,457-

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

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00215384
31-12-2024 micro format 08-07-2025 2025-00246556
31-12-2023 micro format 12-08-2024 2024-00339802
31-12-2022 micro format 28-08-2023 2023-00360452
31-12-2021 micro format 12-08-2022 2022-20285264
31-12-2020 micro format 16-07-2021 2021-35900322
31-12-2019 micro format 19-10-2020 2020-61800122
31-12-2018 micro format 26-08-2019 2019-49800590

Similar companies · same sector, comparable size

Of the 82,258 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,856. 32,580 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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