Equity
-€40,015
Debts exceed assets in financial year 2024.
SOJA CJ
Lifetime
7 annual accounts with figures on one time axispeak €236,972 (2024)
€236,972▲ 24.7%
lowest -€64,754 (2018)
€33,084▼ 36.2%
peak -€40,015 (2024)
-€40,015▲ €33,084
€276,420▼ 18.8%
peak 1.2 FTE (2020)
-not published
Board3 names since 2020
1 directorGeirnaert Sophie
Owners
Documentsfilings and deeds
28-08-202528 days late
2024micro format
Gross margin from €189,987 to €236,972Result from €51,851 to €33,084Company renamed from SOJA to SOJA CJ 01-08Company renamed from BRAMS RETAIL CONCEPTS to SOJA 16-01Equity from -€73,098 to -€40,015Debts from €340,221 to €276,420
Key points
from the 2024 annual accountsTurnover
≈ €730,000 estimated
The accounts state no turnover.
Debts
€276,420 117% of the balance sheet
Financial debts 51%Suppliers 3%Taxes and wages 12%Other 34%
Of this, €136,503 falls due within a year.
Staff
3 employees on 31-12-2024
In 2024, 147 short contracts started and 145 ended, on average 38 hours worked per contract. Staff averaged 3.4 full-time equivalents.
Filings
7 annual accounts 100 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€40,015
Less equity than 88% of companies in food and beverage service. Sector median €27,772 · 18,772 companies.
Checked score
38
Weak
Financially stronger than 51% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,796 companies (NACE 56, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.7%
01-2025: 3.7%● unchanged vs 12-2024
02-2025: 3.7%● unchanged vs 01-2025
03-2025: 3.7%● unchanged vs 02-2025
04-2025: 3.7%● unchanged vs 03-2025
05-2025: 3.3%▼ -0.4 percentage points vs 04-2025
06-2025: 3.2%▼ -0.1 percentage points vs 05-2025
07-2025: 3.2%● unchanged vs 06-2025
08-2025: 4.0%▲ +0.8 percentage points vs 07-2025
09-2025: 3.2%▼ -0.8 percentage points vs 08-2025
10-2025: 3.2%● unchanged vs 09-2025
11-2025: 2.8%▼ -0.4 percentage points vs 10-2025
12-2025: 2.8%● unchanged vs 11-2025
01-2026: 2.7%▼ -0.1 percentage points vs 12-2025
02-2026: 2.6%▼ -0.1 percentage points vs 01-2026
03-2026: 2.6%● unchanged vs 02-2026
04-2026: 2.6%● unchanged vs 03-2026
05-2026: 2.6%● unchanged vs 04-2026
06-2026: 2.5%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 2.6%▲ +0.1 percentage points vs 06-2026
08-2026: 3.4%▲ +0.8 percentage points vs 07-2026
09-2026: 3.9%▲ +0.5 percentage points vs 08-2026
10-2026: 5.6%▲ +1.7 percentage points vs 09-2026highest value
11-2026: 5.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 28-08-2025)
Sector: Food and beverage service activities (NACE 56)
1 financial year not filed after the legal deadline; last filed accounts filed 28 days late; 1 of the last 3 accounts late
Founded in 2017
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 20% of them on solvency, 30% on liquidity, 74% on profitability and 79% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,180 companies had the same profile as SOJA CJ has now. Each dot stands for 6 companies, two years later.
88.7%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SOJA CJ itself: 5.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,180 companies, not a prediction for SOJA CJ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.49 (0.55 in 2023), below 1. Short-term debt is 57.7% and cash 12% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 18731 sector peers (2024).
NBB · sector comparisonPosition among 18731 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 7 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
28 days late
2023
27 days late
2022
31 days late
2021
30 days late
2020
27 days late
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 24 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0681587821
Company renamed from SOJA to SOJA CJ
General meeting of 15-07-2024 · Gazette deed
Company renamed from BRAMS RETAIL CONCEPTS to SOJA
Changes of role: DESMIDT Jan Victor Angèle (director) and GEIRNAERT Sophie (director) · General meeting of 13-12-2023 · Gazette deed
2 directors appointed, 1 resignation
Resignation: BV Fou D'O · Permanent representative: Maes Alex · Appointments: Desmidt Jan and Geirnaert Sophie · General meeting of 11-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SOJA CJ Sint-Martens-Latem | €236,406 | €236,972 | -16.9% | - |
| PHARINA Ghent | €238,193 | €189,311 | 34.6% | - |
| E-A GROUP Lochristi | €220,537 | €261,787 | 60.1% | - |
| Steamy Windows Ghent | €236,444 | €258,488 | 13.3% | 8.3 |
| ANITA DAHAL Ninove | €229,550 | €190,280 | 40.3% | - |
| WOK LOUISE Ixelles | €230,827 | €230,352 | -19.6% | - |
| OZAY Genk | €241,493 | €269,390 | 44.2% | - |
These companies have the same main activity as SOJA CJ: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €221,000 and €241,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 20-09-2017Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 3 others
- Joint committee
- 302Hotels and catering · annual accounts 2024
- Establishment unit
- 2.268.779.0259830 Sint-Martens-Latem, since 20-09-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Annual accounts 2024
- €236,406▼ 11.5%
- Employeeson 31-12-2024
- 3▲ 200%
- Filing
- Filed on 28-08-2025
Insights on SOJA CJ
SOJA CJ files the micro format. That format states no turnover. The gross margin rose from -€3,205 in 2018 to €236,972 in 2024.
The balance sheet grew most from 2020 to 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SOJA CJ
- What is the company number of SOJA CJ?
- The company number of SOJA CJ is 0681.587.821. The VAT number is the same number with BE in front: BE 0681.587.821.
- Where is SOJA CJ based?
- The registered office is at Dorp 10, 9830 Sint-Martens-Latem.Company details
- What does SOJA CJ do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of SOJA CJ?
- SOJA CJ is a private limited company (BV).
- When was SOJA CJ founded?
- SOJA CJ was founded on 20-09-2017.
- Is SOJA CJ still active?
- Yes, SOJA CJ is an active enterprise in the KBO register.
- How many employees does SOJA CJ have?
- SOJA CJ had an average of 3.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does SOJA CJ fall under?
- In its 2024 annual accounts, SOJA CJ states joint committee 302 (Hotels and catering).
- What is the turnover of SOJA CJ?
- The turnover in financial year 2024 is ≈ €730,000. This figure is estimated from the gross margin of €236,972 and 82 comparable companies (NACE 56112). It probably lies between €540,000 and €890,000.
- Is SOJA CJ profitable?
- In financial year 2024, SOJA CJ made a profit of €33,084.
- Where can I find the annual accounts of SOJA CJ?
- SOJA CJ filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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