CJS PROJECTS
Open bankruptcyA bankruptcy procedure is open for CJS PROJECTS according to publications in the Belgian State Gazette; curator: DANIëL VAN INGELGHEM.
Summary
The 2022 annual accounts show equity of €65k and a net result of €22k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 23-06-2023, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
38 d early
2021
54 d early
2020
4 d early
2019
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€65k▲ 51.5%
2021 · €43k
2018: €46k
2019: €47k▲ +3.8% vs 2018
2020: €21k▼ -56.2% vs 2019lowest in 5 years
2021: €43k▲ +107% vs 2020
2022: €65k▲ +51.5% vs 2021highest in 5 years
2018 → 2022
Total assets
€767k▲ 118%
2021 · €352k
2018: €312k
2019: €377k▲ +20.7% vs 2018
2020: €307k▼ -18.4% vs 2019lowest in 5 years
2021: €352k▲ +14.6% vs 2020
2022: €767k▲ +118% vs 2021highest in 5 years
2018 → 2022
Net result
€22k▼ 0.4%
2021 · €22k
2018: €47khighest in 5 years
2019: €2k▼ -96.3% vs 2018
2020: €-27k▼ -1640% vs 2019lowest in 5 years
2021: €22k▲ +184% vs 2020
2022: €22k▼ -0.4% vs 2021
2018 → 2022
Working capital
€34k▲ 177%
2021 · €12k
2018: €64khighest in 5 years
2019: €28k▼ -56.1% vs 2018
2020: €6k▼ -77.1% vs 2019lowest in 5 years
2021: €12k▲ +91.8% vs 2020
2022: €34k▲ +177% vs 2021
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€46k-€47k▲ 3.8%€21k▼ 56.2%€43k▲ 107%€65k▲ 51.5%
2018: €46k
2019: €47k▲ +3.8% vs 2018
2020: €21k▼ -56.2% vs 2019lowest in 5 years
2021: €43k▲ +107% vs 2020
2022: €65k▲ +51.5% vs 2021highest in 5 years
Operating result€92k-€36k▼ 60.7%€-8k€95k€52k▼ 44.8%
2018: €92k
2019: €36k▼ -60.7% vs 2018
2020: €-8k▼ -122% vs 2019lowest in 5 years
2021: €95k▲ +1292% vs 2020highest in 5 years
2022: €52k▼ -44.8% vs 2021
Net result€47k-€2k▼ 96.3%€-27k€22k€22k▼ 0.4%
2018: €47khighest in 5 years
2019: €2k▼ -96.3% vs 2018
2020: €-27k▼ -1640% vs 2019lowest in 5 years
2021: €22k▲ +184% vs 2020
2022: €22k▼ -0.4% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 45% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €767k
Fixed assets
€56k ▲ 41.0%
Current assets
€711k ▲ 128%
Equity and liabilities €767k
Equity
€65k ▲ 51.5%
Debt
€702k ▲ 127%
Debt's share of the balance-sheet total rises from 87.8% to 91.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69k▼
2021 · €104k
Cash flow
€39k▲
2021 · €32k
Current ratio
1.05▲
2021 · 1.04
Quick ratio
0.95▲
2021 · 0.82
Debt to equity
10.78▲
2021 · 7.19
ROE
34.0%▼
2021 · 51.7%
ROA
2.9%▼
2021 · 6.3%
Interest coverage
5.16▲
2021 · 1.82
Debt ≤ 1 year
€677k▲
2021 · €300k
Debt > 1 year
€25k▲
2021 · €9k
Income taxes
€17k▲
2021 · €16k
Staff costs
€266k▲
2021 · €196k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 53 lines
Balance sheet
Code20212022
Assets
Total assets20/58€352k€767k▲
Fixed assets21/28€40k€56k▲
Tangible fixed assets22/27€30k€47k▲
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€14k€7k▼
Furniture and vehicles24€13k€36k▲
Financial fixed assets28€9k€9k=
Current assets29/58€312k€711k▲
Stocks and contracts in progress3€66k€70k▲
Stocks30/36€51k€70k▲
Contracts in progress37€15k-
Amounts receivable within one year40/41€92k€625k▲
Trade receivables40€43k€545k▲
Other amounts receivable41€49k€79k▲
Cash at bank and in hand54/58€146k€5k▼
Deferred charges and accrued income490/1€8k€11k▲
Equity and liabilities
Total equity and liabilities10/49€352k€767k▲
Equity10/15€43k€65k▲
Contributions10/11€19k€19k=
Reserves13€24k€47k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€23k€45k▲
Amounts payable17/49€309k€702k▲
Amounts payable after more than one year17€9k€25k▲
Financial debts170/4€9k€25k▲
Amounts payable within one year42/48€300k€677k▲
Current portion of amounts payable after more than one year42€4k€11k▲
Financial debts43-€184
Credit institutions430/8-€184
Trade debts44€239k€572k▲
Suppliers440/4€239k€572k▲
Taxes, remuneration and social security45€56k€93k▲
Taxes450/3€21k€42k▲
Remuneration and social security454/9€35k€51k▲
Other amounts payable47/48€519-
Income statement
Code20212022
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€196k€266k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€8k€6k▼
Gross operating margin9900€308k€341k▲
Operating profit (loss)9901€95k€52k▼
Financial income75/76B€699-
Recurring financial income75€699-
Financial charges65/66B€57k€13k▼
Recurring financial charges65€57k€13k▼
Profit (loss) for the period before taxes9903€38k€39k▲
Income taxes67/77€16k€17k▲
Profit (loss) for the period9904€22k€22k▼
Profit (loss) for the period to be appropriated9905€22k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€22k▼
Transfer to equity691/2€22k€22k▼
To other reserves6921€22k€22k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12k | - | - |
| Remuneration, social security and pensions62 | - | - | - | €196k | €266k | ▲ 36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €18k | €14k | €10k | €16k | ▲ 69.5% |
| Other operating charges640/8 | - | - | - | €8k | €6k | ▼ 29.7% |
| Gross operating margin9900 | €226k | €242k | €217k | €308k | €341k | ▲ 10.5% |
| Operating profit (loss)9901 | €92k | €36k | €-8k | €95k | €52k | ▼ 44.8% |
| Financial income75/76B | - | - | - | €699 | - | - |
| Recurring financial income75 | €56 | €4k | €2k | €699 | - | - |
| Financial charges65/66B | - | - | - | €57k | €13k | ▼ 76.8% |
| Recurring financial charges65 | €27k | €31k | €20k | €57k | €13k | ▼ 76.8% |
| Profit (loss) for the period before taxes9903 | €65k | €9k | €-26k | €38k | €39k | ▲ 2.3% |
| Income taxes67/77 | €18k | €8k | €860 | €16k | €17k | ▲ 6.1% |
| Profit (loss) for the period9904 | €47k | €2k | €-27k | €22k | €22k | ▼ 0.4% |
| Profit (loss) for the period to be appropriated9905 | €47k | €2k | €-27k | €22k | €22k | ▼ 0.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €312k | €377k | €307k | €352k | €767k | ▲ 118% |
| Fixed assets21/28 | €21k | €42k | €28k | €40k | €56k | ▲ 41.0% |
| Tangible fixed assets22/27 | €16k | €35k | €22k | €30k | €47k | ▲ 53.6% |
| Land and buildings22 | - | - | - | €4k | €3k | ▼ 14.3% |
| Plant, machinery and equipment23 | - | - | - | €14k | €7k | ▼ 45.5% |
| Furniture and vehicles24 | - | - | - | €13k | €36k | ▲ 173% |
| Financial fixed assets28 | €5k | €6k | €6k | €9k | €9k | = |
| Current assets29/58 | €291k | €335k | €279k | €312k | €711k | ▲ 128% |
| Stocks and contracts in progress3 | €8k | €8k | €48k | €66k | €70k | ▲ 7.0% |
| Stocks30/36 | - | - | - | €51k | €70k | ▲ 39.2% |
| Contracts in progress37 | - | - | - | €15k | - | - |
| Amounts receivable within one year40/41 | €180k | €122k | €206k | €92k | €625k | ▲ 582% |
| Trade receivables40 | - | - | - | €43k | €545k | ▲ 1,172% |
| Other amounts receivable41 | - | - | - | €49k | €79k | ▲ 62.9% |
| Cash at bank and in hand54/58 | €103k | €25k | €5k | €146k | €5k | ▼ 96.7% |
| Deferred charges and accrued income490/1 | - | - | - | €8k | €11k | ▲ 30.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €312k | €377k | €307k | €352k | €767k | ▲ 118% |
| Equity10/15 | €46k | €47k | €21k | €43k | €65k | ▲ 51.5% |
| Contributions10/11 | €19k | €19k | - | €19k | €19k | = |
| Reserves13 | €27k | €29k | €2k | €24k | €47k | ▲ 90.8% |
| Non-distributable reserves130/1 | - | - | - | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Distributable reserves133 | - | - | - | €23k | €45k | ▲ 98.2% |
| Amounts payable17/49 | €267k | €329k | €286k | €309k | €702k | ▲ 127% |
| Amounts payable after more than one year17 | - | €22k | €14k | €9k | €25k | ▲ 174% |
| Financial debts170/4 | - | - | - | €9k | €25k | ▲ 174% |
| Amounts payable within one year42/48 | €227k | €307k | €273k | €300k | €677k | ▲ 126% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4k | €11k | ▲ 155% |
| Financial debts43 | - | - | - | - | €184 | - |
| Credit institutions430/8 | - | - | - | - | €184 | - |
| Trade debts44 | €172k | €248k | €226k | €239k | €572k | ▲ 139% |
| Suppliers440/4 | - | - | - | €239k | €572k | ▲ 139% |
| Taxes, remuneration and social security45 | - | - | - | €56k | €93k | ▲ 66.6% |
| Taxes450/3 | - | - | - | €21k | €42k | ▲ 97.8% |
| Remuneration and social security454/9 | - | - | - | €35k | €51k | ▲ 47.5% |
| Other amounts payable47/48 | - | - | - | €519 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €2k | €-27k | €22k | €22k | ▼ 0.4% |
| + Depreciation and write-downs630 | €15k | €18k | €14k | €10k | €16k | ▲ 69.5% |
| Operating cash flow (approximation) | €62k | €20k | €-13k | €32k | €39k | ▲ 20.9% |
| Investment in fixed assets (approximation) | - | €-38k | €0 | €-22k | €-33k | ▼ 51.4% |
| Change in cash | - | €-78k | €-19k | €141k | €-142k | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
08-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 02-01-2024
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
2015
17-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 17 days late
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 acts for this company are 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, Antwerpen · 1 establishment unit since 1992
Ground area
1.5 ha
Building footprint
1,114 m²
Volume, LiDAR
6,741 m³
Parcel 11012A0127/00E012, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CJS PROJECTS
since 19922.056.151.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0127/00E012 | Flanders | 1.5 ha | 1 · 1,114 m² | 9.1 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DANIëL VAN INGELGHEM AMERIKALEI 160,
2000 ANTWERPEN 1 |
02-01-2024 → present |
Similar companies · same sector, comparable size
KMPX EUROPE
BE 0804.857.696
Zaventem · Eq €65,124
ALGEMENE BOUWWERKEN COSSEMENT
BE 0539.911.896
Ledegem · Eq €65,126
JPROTEX
BE 0448.181.966
Bornem · Eq €65,092
Marc Geens
BE 0898.298.984
Haaltert · Eq €65,130
VD Build
BE 0729.929.750
Lendelede · Eq €65,143
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,204 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 (pre-2019)
Founded22-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.