DJOSER
ActiveDJOSER has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.96M and a net result of €1.49M. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 4107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
97
/ 100
Excellent▲ +19 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47=
Solvency100=
Growth73▼-1
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 3.5 against 2.66 in 2024), and 14.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.6%
Return on assets
5.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
72 d early
2023
35 d early
2022
79 d early
2021
78 d early
2020
5 d early
2019
80 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€26.25M▲ 2.3%
2024 · €25.67M
2018: €14.16M
2019: €16.18M
2020: €18.81M
2021: €22.02M
2022: €23.90M
2023: €25.19M
2024: €25.67M
2018 → 2025
EBIT margin
7.9%▲ 2.8pp
2024 · 5.1%
2018: 11.9%
2019: 15.0%
2020: 13.7%
2021: 17.7%
2022: 18.6%
2023: 17.8%
2024: 5.1%
2018 → 2025
Net result
€1.49M▲ 28.2%
2024 · €1.16M
2018: €1.10M
2019: €1.84M
2020: €2.07M
2021: €3.19M
2022: €3.54M
2023: €3.56M
2024: €1.16M
2018 → 2025
Working capital
€6.74M▲ 13.1%
2024 · €5.96M
2018: €-826k
2019: €-112k
2020: €1.39M
2021: €2.13M
2022: €2.23M
2023: €4.72M
2024: €5.96M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€22.02M-€23.90M▲ 8.5%€25.19M▲ 5.4%€25.67M▲ 1.9%€26.25M▲ 2.3%
Equity€9.38M-€9.98M▲ 6.4%€12.47M▲ 25.0%€12.78M▲ 2.5%€21.96M▲ 71.9%
Operating result€3.90M-€4.46M▲ 14.2%€4.48M▲ 0.6%€1.31M▼ 70.8%€2.08M▲ 59.4%
Net result€3.19M-€3.54M▲ 11.0%€3.56M▲ 0.4%€1.16M▼ 67.4%€1.49M▲ 28.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 59% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.67M
Fixed assets
€16.23M▲ 83.8%
Current assets
€9.43M▼ 1.3%
Equity and liabilities €25.67M
Equity
€21.96M▲ 71.9%
Debt
€3.70M▼ 34.1%
The debt ratio falls from 30.5% to 14.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2.82M▲
2024 · €2.39M
Cash flow
€2.23M▼
2024 · €2.24M
Solvency
85.6%▲
2024 · 69.5%
Current ratio
3.50▲
2024 · 2.66
Quick ratio
0.81▲
2024 · 0.58
Debt / equity
0.17▼
2024 · 0.44
ROE
6.8%▼
2024 · 9.1%
ROA
5.8%▼
2024 · 6.3%
Interest coverage
39.30▼
2024 · 62.88
Debt
€3.70M▼
2024 · €5.62M
Debt ≤ 1 year
€2.69M▼
2024 · €3.60M
Debt > 1 year
€1.01M▼
2024 · €1.94M
Income taxes
€578k▲
2024 · €451k
Staff costs
€1.20M▼
2024 · €1.22M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€18.39M€25.67M▲
Fixed assets21/28€8.83M€16.23M▲
Tangible fixed assets22/27€8.83M€16.23M▲
Land and buildings22€8.15M€15.72M▲
Plant, machinery and equipment23€107k€105k▼
Furniture and vehicles24€577k€408k▼
Financial fixed assets28€840€840=
Other financial fixed assets284/8€840€840=
Amounts receivable and cash guarantees285/8€840€840=
Current assets29/58€9.56M€9.43M▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Stocks and contracts in progress3€7.48M€7.26M▼
Stocks30/36€7.48M€7.26M▼
Goods purchased for resale34€7.48M€7.26M▼
Amounts receivable within one year40/41€1.66M€1.82M▲
Trade receivables40€1.26M€1.54M▲
Other amounts receivable41€403k€280k▼
Cash at bank and in hand54/58€202k€348k▲
Deferred charges and accrued income490/1€220k€0▼
Equity and liabilities
Total equity and liabilities10/49€18.39M€25.67M▲
Equity10/15€12.78M€21.96M▲
Contributions10/11€800k€800k=
Capital10€800k€800k=
Issued capital100€800k€800k=
Revaluation surpluses12-€7.76M
Reserves13€2.95M€3.41M▲
Non-distributable reserves130/1€80k€80k=
Legal reserve130€80k€80k=
Tax-exempt reserves132€2.87M€3.33M▲
Profit (loss) carried forward14€8.69M€9.71M▲
Investment grants15€337k€276k▼
Amounts payable17/49€5.62M€3.70M▼
Amounts payable after more than one year17€1.94M€1.01M▼
Financial debts170/4€1.94M€1.01M▼
Subordinated loans170-€561k
Credit institutions173€1.39M-
Other loans174€550k€450k▼
Amounts payable within one year42/48€3.60M€2.69M▼
Current portion of amounts payable after more than one year42€817k€1.23M▲
Trade debts44€1.40M€703k▼
Suppliers440/4€1.40M€703k▼
Taxes, remuneration and social security45€359k€524k▲
Taxes450/3€198k€368k▲
Remuneration and social security454/9€161k€157k▼
Other amounts payable47/48€1.02M€235k▼
Accrued charges and deferred income492/3€82k€0▼
Income statement
Code20242025
Operating income70/76A€25.97M€26.50M▲
Turnover70€25.67M€26.25M▲
Change in stocks of work in progress, finished goods and contracts in progress71€160k€156k▼
Other operating income74€133k€93k▼
Operating charges60/66A€24.66M€24.42M▼
Goods for resale, raw materials and consumables60€17.38M€17.32M▼
Purchases600/8€18.05M€17.11M▼
Change in stocks: decrease (increase)609€-672k€214k▲
Services and other goods61€4.50M€4.65M▲
Remuneration, social security and pensions62€1.22M€1.20M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.08M€740k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-34k€-64k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€508k€444k▼
Non-recurring operating charges66A€3k€121k▲
Operating profit (loss)9901€1.31M€2.08M▲
Financial income75/76B€436k€142k▼
Recurring financial income75€436k€142k▼
Other financial income752/9€436k€142k▼
Financial charges65/66B€133k€161k▲
Recurring financial charges65€133k€161k▲
Debt charges650€38k€72k▲
Other financial charges652/9€95k€89k▼
Profit (loss) for the period before taxes9903€1.61M€2.07M▲
Income taxes67/77€451k€578k▲
Taxes670/3€451k€578k▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€1.16M€1.49M▲
Transfer from tax-exempt reserves789€526k€526k=
Transfer to tax-exempt reserves689€84k€989k▲
Profit (loss) for the period to be appropriated9905€1.60M€1.02M▼
Appropriation of the result
Profit (loss) to be appropriated9906€9.69M€9.71M▲
Profit (loss) brought forward from the previous period14P€8.09M€8.69M▲
Profit to be distributed694/7€1.00M€0▼
Return on contributions (dividend)694€1.00M€0▼
Social balance
Average headcount (FTE)908722.426.8▲
The notes to these accounts (42 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
State Gazette act
General meeting · Director appointmentGeneral meeting · Director appointment · Permanent representative21 facts ▸
State Gazette act
General meeting · Director appointment
General meeting · Director appointment · Permanent representative21 facts ▸
- General meeting, 2026-05-06
- Director appointment, WJ Invest SRL (administrateur délégué)
- Permanent representative, Waldemar Jakubowski
- Director appointment, BEDEMA SRL (administrateur)
- Permanent representative, Bernard del Marmol
- Director appointment, DE LE COURT srl (administrateur)
- Permanent representative, Antoine de le Court
- Director appointment, TR Management (administrateur)
- Permanent representative, Philippe Triest
- Director appointment, ValueFin SRL (administrateur)
- Permanent representative, Robert Maurissen
- Director appointment, PHOENIX BUSINESS INTELLIGENCE (administrateur)
- +9 further facts in this act
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €3.56M ▲0.4%
Operating result €4.48M, net result €3.56M, both a record.
31-12
Financial
Equity above €10MEq €12.47M ▲25%
6 profitable years in a row build equity to €12.47M.
13-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
31-12
Financial
Equity above €5MEq €6.75M ▲38.8%
2 profitable years in a row build equity to €6.75M.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26109222). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
BEDEMA
CurrentDirector · since 06-05-2026 · Private limited company · perm. rep.: Bernard del Marmol
de le Court
CurrentDirector · since 06-05-2026 · Private limited company · perm. rep.: Antoine de le Court
PHOENIX BUSINESS INTELLIGENCE
CurrentDirector · since 06-05-2026 · Private limited company · perm. rep.: Karapet Kazanchian
TR MANAGEMENT
CurrentDirector · since 06-05-2026 · Private limited company · perm. rep.: Philippe Triest
VALUEFIN
CurrentDirector · since 06-05-2026 · Private limited company · perm. rep.: Robert Maurissen
WJ INVEST
CurrentManaging director · since 06-05-2026 · Private limited company · perm. rep.: Waldemar Jakubowski
06-05-2026
BEDEMA: Appointed as Director
06-05-2026
de le Court: Appointed as Director
06-05-2026
PHOENIX BUSINESS INTELLIGENCE: Appointed as Director
06-05-2026
TR MANAGEMENT: Appointed as Director
06-05-2026
VALUEFIN: Appointed as Director
06-05-2026
WJ INVEST: Appointed as Managing director
14-07-2016
Yetis Medet KARAHISARLI: Resigned as Director
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industrielaan 301070 AnderlechtGround area
2.2 ha
Building footprint
9,602 m²
Volume, LiDAR
94,602 m³
Parcel 21306C0027/00B000, Brussels · tallest building 25.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Djoser sa
since 20122.219.383.061
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0027/00B000 | Brussels | 2.2 ha | 1 · 9,602 m² | 25.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| O. de Bonhome - Bureau de Réviseur d'Entreprises SRLCurrent Auditor · represented by Olivier de Bonhome | 06-05-2026 → present |
Structure & network
Ownership & control
5 partiesControl over this companysits on this company's board5
1 subsidiary · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
1 subsidiary
controls
DJOSERBE 0876.880.889
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GIKINVEST
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Lo.Ve.Mat
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GRAMO
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Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 179 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-10-2005
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.