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CJ WELDING

Active
Private limited companyfounded 20232 yrs activeGrand-Chemin-Communal, March. 26, 5380 Fernelmont, BelgiumKBO/BCE: BE 1003.703.441
Summary

The computed 12-month bankruptcy probability of CJ WELDING is 2.8% (moderate). The 2024 annual accounts show equity of €6,022 and a net result of €1,022. Its solvency ranks better than 25% of 2439 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability73
Solvency46
Growth-
Track record67
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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 2024
Solvency, return and age of the figures
Solvency
21.4%
Return on assets
3.6%
Age of the figures
21 mo
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 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 42 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
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

CJ WELDING was incorporated on 20 December 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€6,022
Total assets
€28,123
Net result
€1,022
Working capital
-€9,172

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €28,123
Fixed assets €15,194
Current assets €12,929
Equity and liabilities €28,123
Equity €6,022
Debt €22,101
Debt finances 78.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€7,993
Cash flow
€6,315
Current ratio
0.58
Debt to equity
3.67
ROE
17.0%
ROA
3.6%
Interest coverage
6.24
Debt ≤ 1 year
€22,101
Income taxes
€396

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,338 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% 1.9%
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 2,542 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 · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€28,123
Fixed assets21/28€15,194
Tangible fixed assets22/27€13,169
Plant, machinery and equipment23€12,889
Furniture and vehicles24€280
Financial fixed assets28€2,025
Current assets29/58€12,929
Amounts receivable within one year40/41€11,000
Trade receivables40€9,811
Other amounts receivable41€1,189
Cash at bank and in hand54/58€1,393
Deferred charges and accrued income490/1€535
Equity and liabilities
Total equity and liabilities10/49€28,123
Equity10/15€6,022
Contributions10/11€5,000
Reserves13€1,022
Distributable reserves133€1,022
Amounts payable17/49€22,101
Amounts payable within one year42/48€22,101
Trade debts44€1,622
Suppliers440/4€1,622
Taxes, remuneration and social security45€396
Taxes450/3€396
Other amounts payable47/48€20,082
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,293
Other operating charges640/8€1,153
Gross operating margin9900€9,146
Operating profit (loss)9901€2,700
Financial charges65/66B€1,282
Recurring financial charges65€1,282
Profit (loss) for the period before taxes9903€1,418
Income taxes67/77€396
Profit (loss) for the period9904€1,022
Profit (loss) for the period to be appropriated9905€1,022
Appropriation of the result
Profit (loss) to be appropriated9906€1,022
Transfer to equity691/2€1,022
To other reserves6921€1,022

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,293
Other operating charges640/8€1,153
Gross operating margin9900€9,146
Operating profit (loss)9901€2,700
Financial charges65/66B€1,282
Recurring financial charges65€1,282
Profit (loss) for the period before taxes9903€1,418
Income taxes67/77€396
Profit (loss) for the period9904€1,022
Profit (loss) for the period to be appropriated9905€1,022
Line2024
Assets
Total assets20/58€28,123
Fixed assets21/28€15,194
Tangible fixed assets22/27€13,169
Plant, machinery and equipment23€12,889
Furniture and vehicles24€280
Financial fixed assets28€2,025
Current assets29/58€12,929
Amounts receivable within one year40/41€11,000
Trade receivables40€9,811
Other amounts receivable41€1,189
Cash at bank and in hand54/58€1,393
Deferred charges and accrued income490/1€535
Equity and liabilities
Total equity and liabilities10/49€28,123
Equity10/15€6,022
Contributions10/11€5,000
Reserves13€1,022
Distributable reserves133€1,022
Amounts payable17/49€22,101
Amounts payable within one year42/48€22,101
Trade debts44€1,622
Suppliers440/4€1,622
Taxes, remuneration and social security45€396
Taxes450/3€396
Other amounts payable47/48€20,082
Line2024
Profit (loss) for the period9904€1,022
+ Depreciation and write-downs630€5,293
Operating cash flow (approximation)€6,315

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

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Fernelmont · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,465 m²
Building footprint
104 m²
Parcel 92084C0275/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CJ WELDING
Grand-Chemin-Communal, March. 26, 5380 FernelmontManufacture of fabricated metal products, except machinery and equipment
since 20232.354.486.344
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92084C0275/00L000 Wallonia 2,465 m² 1 · 104 m² -
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.

Similar companies · same sector, comparable size

Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 361 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
Founded20-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
43350Other building finishing work
Contact
E-mail cjwelding@outlook.be
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.

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Register as of 29 September 2026 · Peppol Directory

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