CJ PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of CJ PROJECTS is 2.3% (moderate). The 2025 annual accounts show equity of €62k and a net result of €-7k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 90% of 27965 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability15▲+6
Solvency100▲+11
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 6.59 against 2.76 in 2024; short-term debt: 13.1% and cash: 0% of total assets), and 14.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
85.9%
Return on assets
-9.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-7k
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 11-06-2026, 50 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
50 d early
2024
76 d late
2023
26 d late
2022
28 d late
2021
26 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€62k▼ 9.5%
2024 · €69k
Total assets
€73k▼ 32.7%
2024 · €108k
Net result
€-7k▲ 24.4%
2024 · €-9k
Working capital
€53k▼ 14.8%
2024 · €62k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€79k-€30k▼ 62.6%€28k▼ 4.1%€-11k€-10k▲ 10.9%
Net result€56k-€19k▼ 66.3%€20k▲ 7.0%€-9k€-7k▲ 24.4%
Equity€59k-€78k▲ 32.4%€98k▲ 26.2%€69k▼ 29.6%€62k▼ 9.5%
Total assets€108k-€137k▲ 26.2%€153k▲ 11.6%€108k▼ 29.3%€73k▼ 32.7%
Debt€50k-€59k▲ 18.8%€55k▼ 7.7%€39k▼ 28.8%€10k▼ 73.8%
Working capital€55k-€71k▲ 27.9%€89k▲ 26.8%€62k▼ 30.2%€53k▼ 14.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€10k =
Current assets
€63k ▼ 36.0%
Equity and liabilities €73k
Equity
€62k ▼ 9.5%
Debt
€10k ▼ 73.8%
Debt's share of the balance-sheet total falls from 36.1% to 14.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
6.59▲
2024 · 2.76
Debt to equity
0.16▼
2024 · 0.56
ROE
-10.6%▲
2024 · -12.6%
ROA
-9.1%▼
2024 · -8.1%
Debt ≤ 1 year
€10k▼
2024 · €36k
Debt > 1 year
€679▼
2024 · €3k
Income taxes
€75▼
2024 · €213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | €5 | ▼ 99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €8k | €8k | €7k | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2k | - | - |
| Other operating charges640/8 | €14k | €3k | €2k | €1k | €1k | ▼ 22.0% |
| Gross operating margin9900 | €98k | €40k | €38k | €-690 | €-9k | ▼ 1,170% |
| Operating profit (loss)9901 | €79k | €30k | €28k | €-11k | €-10k | ▲ 10.9% |
| Financial income75/76B | €11 | €275 | €3 | €4k | €4k | ▲ 1.2% |
| Recurring financial income75 | €11 | €275 | €3 | €4k | €4k | ▲ 1.2% |
| Financial charges65/66B | €1k | €2k | €821 | €1k | €332 | ▼ 68.9% |
| Recurring financial charges65 | €1k | €2k | €821 | €1k | €332 | ▼ 68.9% |
| Profit (loss) for the period before taxes9903 | €78k | €28k | €28k | €-8k | €-7k | ▲ 23.4% |
| Income taxes67/77 | €22k | €9k | €7k | €213 | €75 | ▼ 64.8% |
| Profit (loss) for the period9904 | €56k | €19k | €20k | €-9k | €-7k | ▲ 24.4% |
| Profit (loss) for the period to be appropriated9905 | €56k | €19k | €20k | €-9k | €-7k | ▲ 24.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108k | €137k | €153k | €108k | €73k | ▼ 32.7% |
| Fixed assets21/28 | €22k | €27k | €19k | €10k | €10k | = |
| Tangible fixed assets22/27 | €22k | €27k | €19k | €10k | €10k | = |
| Plant, machinery and equipment23 | €161 | - | - | - | - | - |
| Furniture and vehicles24 | €21k | €27k | €19k | €10k | €10k | = |
| Current assets29/58 | €87k | €110k | €133k | €98k | €63k | ▼ 36.0% |
| Amounts receivable within one year40/41 | €52k | €62k | €64k | €85k | €63k | ▼ 26.1% |
| Trade receivables40 | €19k | €13k | €8k | €21k | €2k | ▼ 89.4% |
| Other amounts receivable41 | €33k | €49k | €56k | €64k | €60k | ▼ 5.0% |
| Cash at bank and in hand54/58 | €35k | €47k | €69k | €13k | €4 | ▼ 100.0% |
| Deferred charges and accrued income490/1 | - | - | €587 | €441 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108k | €137k | €153k | €108k | €73k | ▼ 32.7% |
| Equity10/15 | €59k | €78k | €98k | €69k | €62k | ▼ 9.5% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €56k | €75k | €95k | €75k | €75k | = |
| Distributable reserves133 | €56k | €75k | €95k | €75k | €75k | = |
| Profit (loss) carried forward14 | - | - | - | €-9k | €-15k | ▼ 75.6% |
| Amounts payable17/49 | €50k | €59k | €55k | €39k | €10k | ▼ 73.8% |
| Amounts payable after more than one year17 | €18k | €20k | €11k | €3k | €679 | ▼ 79.8% |
| Financial debts170/4 | €18k | €20k | €11k | €3k | €679 | ▼ 79.8% |
| Amounts payable within one year42/48 | €32k | €39k | €44k | €36k | €10k | ▼ 73.2% |
| Current portion of amounts payable after more than one year42 | €7k | €9k | €9k | €7k | €3k | ▼ 62.9% |
| Financial debts43 | €41 | €41 | - | - | - | - |
| Credit institutions430/8 | €41 | €41 | - | - | - | - |
| Trade debts44 | €9k | €3k | €15k | €12k | €7k | ▼ 43.0% |
| Suppliers440/4 | €9k | €3k | €15k | €12k | €7k | ▼ 43.0% |
| Taxes, remuneration and social security45 | €16k | €27k | €20k | €17k | €134 | ▼ 99.2% |
| Taxes450/3 | €16k | €27k | €20k | €17k | €134 | ▼ 99.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56k | €19k | €20k | €-9k | €-7k | ▲ 24.4% |
| + Depreciation and write-downs630 | €6k | €8k | €8k | €7k | - | - |
| Operating cash flow (approximation) | €62k | €27k | €28k | €-2k | €-7k | ▼ 310% |
| Investment in fixed assets (approximation) | - | €-13k | €0 | €2k | €0 | ▼ 100% |
| Change in cash | - | €13k | €22k | €-56k | €-13k | ▲ 77.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 6.59
Current ratio from 2.76 to 6.59; short-term debt falls from €36k to €10k.
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oudsbergen · 1 establishment unit since 2020
Ground area
733 m²
Building footprint
155 m²
Volume, LiDAR
739 m³
Parcel 72022B0482/00Y002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CJ PROJECTS
since 20202.302.978.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72022B0482/00Y002 | Flanders | 733 m² | 1 · 155 m² | 7.4 m · 2 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.
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Of 4,094 companies in sector 43240 we hold annual accounts for 1,633. 1,360 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
33140Repair and maintenance of electrical equipment
43211General electrical installation work
43990Other specialised construction activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.