Skip to content

C.A.J.

Active
Private limited company (pre-2019)founded 200125 yrs activeRue Professeur-Mahaim 10, 4000 Liège, BelgiumKBO/BCE: BE 0474.935.853
Summary

The computed 12-month bankruptcy probability of C.A.J. is 1.8% (moderate). The annual accounts of C.A.J. for fiscal year 2025 show a net loss of 130% of total assets and of 98% of the equity at the start of that year. The 2025 annual accounts show equity of €8 and a net result of -€397. Equity is shrinking by ~28.6% per year across the filed fiscal years. The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency28▼-43
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
31 d late
2023
123 d late
2022
8 d early
2021
19 d late
2020
50 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 June 2001, C.A.J. was incorporated.1 Total assets went from EUR 3,794 in 2018 to EUR 1,145 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

Go further with this company

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 2025, abbreviated schema

Turnover
€0
2020 · €0
Total assets
€306▼ 65.2%
2024 · €880
Net result
-€397▲ 22.0%
2024 · -€509
Working capital
€306▼ 73.3%
2023 · €1,145
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€0
Operating result-€624▲ 16.2%-€364▲ 41.7%-€327▲ 10.2%-€464▼ 41.9%-€352▲ 24.1%
Net result-€669▲ 15.8%-€409▲ 38.9%-€372▲ 9.0%-€509▼ 36.8%-€397▲ 22.0%
Equity€1,694▼ 28.3%€1,285▼ 24.1%€913▼ 28.9%€404▼ 55.8%€8▼ 98.0%
Total assets€1,926▼ 25.8%€1,574▼ 18.3%€1,145▼ 27.3%€880▼ 23.1%€306▼ 65.2%
Debt€12▼ 14.3%€69▲ 475%€12▼ 82.6%€256▲ 2,033%€11▼ 95.7%
Working capital€1,926▼ 25.8%€1,517▼ 21.2%€1,145▼ 24.5%€306
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€800-€600-€400-€200€0Operating result 2021: -€624-€624Net result 2021: -€669-€669Operating result 2022: -€364-€364Net result 2022: -€409-€409Operating result 2023: -€327-€327Net result 2023: -€372-€372Operating result 2024: -€464-€464Net result 2024: -€509-€509Operating result 2025: -€352-€352Net result 2025: -€397-€39720212022202320242025-€600-€400-€200€0Operating result 2023: -€327-€327Net result 2023: -€372-€372Operating result 2024: -€464-€464Net result 2024: -€509-€509Operating result 2025: -€352-€352Net result 2025: -€397-€397202320242025
The operating result stays negative: a loss of €352 in 2025 against €464 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €306
Equity €8 ▼ 98.0%
Provisions €287 ▲ 30.5%
Debt €11 ▼ 95.7%
Debt's share of the balance-sheet total falls from 29.1% to 3.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€0
Ratios withheld: a balance sheet total of €306 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 540 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
5.2% went bankrupt
8.3% stopped otherwise
86% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,341 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% 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 540 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 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€880€306▼
Formation expenses20-€0
Fixed assets21/28€0€0=
Intangible fixed assets21€0-
Tangible fixed assets22/27-€0
Land and buildings22-€0
Plant, machinery and equipment23-€0
Furniture and vehicles24-€0
Leasing and similar rights25-€0
Other tangible fixed assets26-€0
Assets under construction and advance payments27-€0
Financial fixed assets28-€0
Current assets29/58€880€306▼
Amounts receivable after more than one year29-€0
Trade receivables290-€0
Other amounts receivable291-€0
Stocks and contracts in progress3-€0
Stocks30/36-€0
Contracts in progress37-€0
Amounts receivable within one year40/41-€0
Trade receivables40-€0
Other amounts receivable41-€0
Current investments50/53€10€10=
Cash at bank and in hand54/58€870€296▼
Deferred charges and accrued income490/1-€0
Equity and liabilities
Total equity and liabilities10/49€880€306▼
Equity10/15€404€8▼
Contributions10/11€6,253€6,253=
Capital10€6,253€6,253=
Issued capital100€18,760€18,760=
Uncalled capital101€12,507€12,507=
Reserves13€3,549€3,549=
Non-distributable reserves130/1€1,877€1,877=
Legal reserve130€1,877€1,877=
Distributable reserves133€1,672€1,672=
Profit (loss) carried forward14-€9,398-€9,794▼
Provisions and deferred taxes16€220€287▲
Provisions for liabilities and charges160/5€220€287▲
Taxes161€220-
Other liabilities and charges164/5-€287
Amounts payable17/49€256€11▼
Amounts payable after more than one year17€244-
Other amounts payable178/9€244-
Amounts payable within one year42/48-€0
Current portion of amounts payable after more than one year42-€0
Other amounts payable47/48-€0
Accrued charges and deferred income492/3€12€11▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€0
Provisions for liabilities and charges: additions (uses and reversals)635/8€220€220=
Other operating charges640/8€244€132▼
Gross operating margin9900-€0
Operating profit (loss)9901-€464-€352▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903-€509-€397▲
Profit (loss) for the period9904-€509-€397▲
Profit (loss) for the period to be appropriated9905-€509-€397▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,398-€9,794▼
Profit (loss) brought forward from the previous period14P-€8,889-€9,397▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€0-----
Non-recurring operating income76A€0-----
Goods, raw materials, services and sundry goods60/61€95€87€43-€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8€220-€220€220€220=
Other operating charges640/8€309€277€64€244€132▼ 45.9%
Gross operating margin9900-€95-€87-€43-€0-
Operating profit (loss)9901-€624-€364-€327-€464-€352▲ 24.1%
Financial income75/76B€0-----
Recurring financial income75€0-----
Financial charges65/66B€45€45€45€45€45=
Recurring financial charges65€45€45€45€45€45=
Profit (loss) for the period before taxes9903-€669-€409-€372-€509-€397▲ 22.0%
Profit (loss) for the period9904-€669-€409-€372-€509-€397▲ 22.0%
Profit (loss) for the period to be appropriated9905-€669-€409-€372-€509-€397▲ 22.0%
Line20212022202320242025Change
Assets
Total assets20/58€1,926€1,574€1,145€880€306▼ 65.2%
Formation expenses20----€0-
Fixed assets21/28€0--€0€0-
Intangible fixed assets21---€0--
Tangible fixed assets22/27€0---€0-
Land and buildings22----€0-
Plant, machinery and equipment23----€0-
Furniture and vehicles24€0---€0-
Leasing and similar rights25----€0-
Other tangible fixed assets26----€0-
Assets under construction and advance payments27----€0-
Financial fixed assets28----€0-
Current assets29/58€1,926€1,574€1,145€880€306▼ 65.2%
Amounts receivable after more than one year29----€0-
Trade receivables290----€0-
Other amounts receivable291----€0-
Stocks and contracts in progress3----€0-
Stocks30/36----€0-
Contracts in progress37----€0-
Amounts receivable within one year40/41€0---€0-
Trade receivables40----€0-
Other amounts receivable41€0---€0-
Current investments50/53€10€10€10€10€10=
Cash at bank and in hand54/58€1,916€1,564€1,135€870€296▼ 66.0%
Deferred charges and accrued income490/1----€0-
Equity and liabilities
Total equity and liabilities10/49€1,926€1,574€1,145€880€306▼ 65.2%
Equity10/15€1,694€1,285€913€404€8▼ 98.0%
Contributions10/11€6,253€6,253€6,253€6,253€6,253=
Capital10€6,253€6,253€6,253€6,253€6,253=
Issued capital100€18,760€18,760€18,760€18,760€18,760=
Uncalled capital101€12,507€12,507€12,507€12,507€12,507=
Reserves13€3,549€3,549€3,549€3,549€3,549=
Non-distributable reserves130/1€1,877€1,877€1,877€1,877€1,877=
Legal reserve130€1,877€1,877€1,877€1,877€1,877=
Distributable reserves133€1,672€1,672€1,672€1,672€1,672=
Profit (loss) carried forward14-€8,108-€8,517-€8,889-€9,398-€9,794▼ 4.2%
Provisions and deferred taxes16€220€220€220€220€287▲ 30.5%
Provisions for liabilities and charges160/5€220€220€220€220€287▲ 30.5%
Taxes161---€220--
Other liabilities and charges164/5€220€220€220-€287-
Amounts payable17/49€12€69€12€256€11▼ 95.7%
Amounts payable after more than one year17---€244--
Other amounts payable178/9---€244--
Amounts payable within one year42/48€0€57€0-€0-
Current portion of amounts payable after more than one year42-€57€0-€0-
Other amounts payable47/48€0---€0-
Accrued charges and deferred income492/3€12€12€12€12€11▼ 8.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€669-€409-€372-€509-€397▲ 22.0%
Operating cash flow (approximation)-€669-€409-€372-€509-€397▲ 22.0%
Investment in fixed assets (approximation)----€0-
Change in cash--€352-€429-€265-€574▼ 117%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
01-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 123 days late
2023
23-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
19-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 50 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
272 m²
Building footprint
74 m²
Volume, LiDAR
776 m³
Parcel 62078A0339/00E003, Wallonia · tallest building 12.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
C.A.J.
Rue Professeur-Mahaim 10, 4000 LiègeOther professional, scientific and technical activities
since 20012.098.223.925
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62078A0339/00E003 Wallonia 272 m² 1 · 74 m² 12.7 m · 4 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.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded14-06-2001
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.